A view of an exhibition held during Sibos 2024 in Beijing on Monday. CHENG GONG/FOR CHINA DAILY China’s monetary policymakers are likely to continue next year to prioritize revitalizing market expectations for the ailing property sector and an undervalued capital market to help bring about a steady economic recovery, economists and market mavens said. Such…
Employees work on a BMW assembly line in Shenyang, Liaoning province. CHINA DAILY SHENYANG – German carmaker BMW Group’s joint venture in China on Monday kicked off a geothermal energy project aimed at realizing 100 percent non-fossil energy heating for its factories in Shenyang, capital of Northeast China’s Liaoning province. Under the project, BMW Brilliance…
The Global Ecological Governance (Nansen) Conference is held in Beijing on Oct 16-18. [Photo provided to chinadaily.com.cn] The Global Ecological Governance (Nansen) Conference was held in Fengtai district in Beijing on Oct 16-18. Jointly organized by Beijing Forestry University and the Beijing Forestry Society, the conference brought together hundreds of global experts to Beijing to…
Containers carrying goods for export are seen in Qingdao Port, East China’s Shandong province. [Photo/VCG] The State Council, also known as China’s Cabinet, has recently rolled out regulations on the export control of dual-use items, which will take effect on Dec 1. The new regulations are not intended to prohibit exports of dual-use items, but…
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Pedestrians pass an office building of the Beijing Stock Exchange. [Photo/China News Agency] BEIJING – China will intensify its support for the listing of high-quality innovative small and medium-sized enterprises (SMEs) on the Beijing Stock Exchange and the “new third board,” a financing platform designed for SMEs. This initiative is outlined in a strategic cooperation…
A 500-kilovolt power grid project commenced operations in East China’s Jiangsu province recently, to address the surging power demand, marking the first of its kind in the region this year, said the project’s managing company State Grid Taizhou Power Supply Co. It will be the first 500 kV gas-insulated substation in Taizhou city, which is…
Stefan Hartung, chairman of the board of management of Robert Bosch. [Photo provided to China Daily] German auto parts supplier, Bosch, inaugurated two new plants in China last week to meet the growing demand for key components in the new energy vehicle sector, underscoring its commitment to investment and optimism about prospects in the country.…
Zou Yunhan, deputy director of the Macroeconomic Research Office at the State Information Center’s Department of Economic Forecasting, highlighted in an interview with ChinaPerspectives that China’s economy will likely pick up in the fourth quarter, propelled by the incremental policy package. “With the stimulus package taking effect and the continued strengthening of the endogenous driving…
Members of the public inspect Leapmotor’s T03 on display at the 2024 Paris Motor Show on Oct 14. [Photo/Xinhua] Chinese automakers took center stage at the Paris Motor Show with their cutting-edge new energy vehicles, showcasing their determination to venture into European markets despite the possible imposition of hefty tariffs on China-made electric vehicles. The…