A Financial Street Forum event titled Project mBridge: Bridging Global Economies with CBDCs, is held on Wednesday. [Photo/Xinhua] Project mBridge — a platform for experimenting with central bank digital currencies (CBDCs) including the e-CNY for cross-border payments — is open to cooperation with traditional payment infrastructure and any US dollar usage, said officials and experts…
The World Internet Conference (WIC) International Organization held a press conference in Beijing on Oct 24, during which it was announced that the 2024 WIC Wuzhen Summit will take place from Nov 19 to 22 in Wuzhen, East China’s Zhejiang province. This year’s summit promises a series of exciting new initiatives, including the establishment of…
Workers sort packages at a parcel delivery center. [Photo/VCG] In the first three quarters, the revenue of the express delivery sector exceeded 1 trillion yuan ($140 billion), with a year-on-year growth of 14.1 percent, said the State Post Bureau on Tuesday. During the same period, China’s express delivery volume reached 123.77 billion pieces, a year-on-year…
A BMW i7 and a Mercedes EQS are seen at one of IONCHI’s first charging stations in Beijing. [Photo provided to chinadaily.com.cn] IONCHI, an ultra-fast charging brand based in Beijing, launched its first seven public charging stations on Thursday following two weeks of trial operations. This marks a major milestone in the company’s mission to…
[Photo provided to chinadaily.com.cn] The 2024 Investment Promotion Conference in Support of the 7th China International Import Expo took place in Shanghai on Tuesday to spotlight investment opportunities and the upcoming CIIE in the city. Organized by the Shanghai Commission of Commerce and the Jing’an District Government, the event attracted more than 230 attendees, including…
A news conference of 2024 World Internet Conference Wuzhen Summit held in Beijing, Oct 24, 2024. [Photo provided to chinadaily.com.cn] The 2024 World Internet Conference Wuzhen Summit will be held from Nov 19 to 22 in Wuzhen, East China’s Zhejiang province, according to a news conference on Thursday. Having the theme “Embracing a People-Centered and…
This undated photo shows a bird’s eye view of Qianhai of Shenzhen, Guangdong province. [Photo provided to China Daily] The list of the top 100 foreign-invested enterprises in Guangdong province will be released during the 2024 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area, to be held in Guangzhou on Nov 8.…
[Photo/VCG] Australia’s recent decision to terminate the anti-dumping and countervailing duty measures on Chinese stainless steel sinks, this will help deepen the economic and trade cooperation between the two sides, leading to more win-win outcomes, the Ministry of Commerce said on Thursday. China and Australia are important trading partners, and the two sides have reached…
Project mBridge — a cross-border platform for experimenting with central bank digital currencies for international trade — is compatible and inclusive, open for cooperation and integration with any other payment systems, said an expert. The expert, who sought anonymity, said on Wednesday that Project mBridge can be connected with traditional payment systems, including large-value, small-value…
German Foreign Minister Annalena Baerbock (second right) visits the Tianjin factory of Flender Group on April 13, 2023. [CHINA DAILY] TIANJIN — Over the past 28 years, Flender, a leading global supplier of mechanical drive systems, has flourished in Tianjin, growing from a small workshop with a dozen employees to a sprawling 255,000-square-meter facility with…