A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] The internationalization of the Chinese yuan, or the renminbi, is a continuous endeavor that is currently at a critical stage of significant progress. On the one hand, the acceleration in renminbi internationalization is an inevitable trend over the long term as…
A worker disassembles refrigerators at Haier’s green recycling interconnection factory in Laixi, Shandong province, on Sept 27. [Photo/Xinhua] As the consumer goods trade-in programs continue to make progress, they will generate a significant amount of waste materials, necessitating a concerted effort to address this challenge through recycling and circular utilization, analysts said. By ensuring the…
BEIJING — China has made headway in the utilization of its first monetary policy tool to support the development of the capital market, with active participation by financial institutions in need of liquidity to increase stock investment. In the latest progress, Orient Securities announced on Wednesday that it has completed a transaction under the Securities,…
Customers enjoy malatang at a store in Tianshui, Gansu province, in April. [Photo/Xinhua] BEIJING — As the warm afternoon sun slanted in, the clamor faded to a quiet hush in a courtyard lush with trees and flowers in a coastal community of Xiamen, East China’s Fujian province. Geng Xue, 55, runs a light food eatery…
People visit the pavilion of Chinese carmaker BYD at the 2024 Paris Motor Show during the media day in Paris, France, Oct 14, 2024. [Photo/Xinhua] BEIJING — The China Chamber of Commerce for Import and Export of Machinery and Electronic Products on Wednesday expressed “great regret” on behalf of the Chinese automotive industry at the…
Production equipment presses auto parts at a manufacturing base of Wuzheng Group in Wulian county, East China’s Shandong province, March 13, 2024. [Photo/Xinhua] BEIJING – The combined profit of major industrial enterprises in China reached 5.23 trillion yuan ($735.41 billion) in the January-September period, down 3.5 percent year-on-year, the National Bureau of Statistics (NBS) said…
[Photo/IC] China firmly opposes the discriminatory investment restriction measures imposed by the United States particularly focusing on the high-tech sector, and will take countermeasures if necessary, the Ministry of Commerce said on Wednesday. The US Treasury Department on Oct 29 finalized a new rule meant to prevent US-based individuals and companies from investing in the…
Crew members of the “GNV Polaris” pose for photos in front of the Ro-Pax ferry in Guangzhou, South China’s Guangdong province on Oct 24, 2024. [Photo/VCG] Guangzhou Shipyard International Co Ltd (GSI) delivered a new luxury Ro-Pax ferry — GNV Polaris — to Italian company Grandi Navi Veloci (GNV), a ferry operator under MSC Group,…
Bright-colored flowers beautify the south square of the National Exhibition and Convention Center, the main venue for the 7th China International Import Expo, in Shanghai on Oct 29, 2024. [Photo/VCG] The seventh China International Import Expo (CIIE) is scheduled to take place from Nov 5 to Nov 10 in Shanghai. Preparations at the National Exhibition…
An ARJ21 jet is greeted with a water arch at Guangzhou Baiyun International Airport. [Photo provided to chinadaily.com.cn] GUANGZHOU – China’s homegrown regional jetliner, the ARJ21, successfully completed its longest commercial route flight Tuesday, landing in the southern Chinese city of Guangzhou from Manado, Indonesia. According to the Commercial Aircraft Corporation of China, Ltd (COMAC),…