Chen Zhongyue, chairman of China Unicom, delivers a speech at the 8th Digital China Summit in Fuzhou, Fujian province, on Tuesday. [Photo provided to chinadaily.com.cn] China Unicom will step up push to deepen digital-intelligence integration and innovation to empower Digital China construction, said its chairman at the 8th Digital China Summit in Fuzhou, Fujian province,…
China is preparing to roll out a series of incremental policy measures to stabilize the overall economy, with policymakers signaling stronger fiscal, monetary and consumption-boosting initiatives on Monday as part of its larger drive to reinforce recovery amid external headwinds. “We will continue to enhance policy research, ensure sufficient contingency plans, refine the policy toolkit…
China’s railway network is projected to see travel surge during the May Day holiday, with the network expected to handle 144 million passenger trips from Tuesday to May 6, according to the China State Railway Group, the national railway operator, on Tuesday. The figure marks a 4.9 percent increase year-on-year, with the peak expected on…
Shenzhen University, with eight billionaire alumni, including Tencent founder and CEO Pony Ma Huateng, listed in Forbes’ list of the World’s Billionaires in 2018 and whose wealth totals 593.5 billion yuan, tops Chinese universities in billionaire alumni generating most wealth. According to a list released by cuaa.net, a third-party university evaluation and consulting research institution,…
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Wuxi in Jiangsu province unveiled a set of policies on Tuesday aimed at boosting the development of its entire film industry chain. [Photo provided to chinadaily.com.cn] Wuxi in Jiangsu province unveiled a set of policies on Tuesday aimed at boosting the development of its film industry. The policies span 11 categories with 20 specific measures.…
The new action plan to further improve the facilitation of cross-border financial services provided in Shanghai will help facilitate Chinese companies’ overseas outreach, which is in turn conducive to the maturity of the cross-border financial sector, said experts. Made up of 18 detailed policies, the action plan aims to improve services concerning cross-border settlements, exchange…
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Chinese Manufacturing Enterprises Association released the top 200 Chinese manufacturers with comprehensive strength for the year 2023. Among them, SAIC Group has emerged as the leader along with Amer International Group and China FAW Group securing the second and third positions. The rankings also included other major names in China’s manufacturing sector, such as Huawei,…
K Coffee celebrated the opening of its 1,000th store in Beijing on Tuesday, in collaboration with China Daily, marking a major milestone achieved in less than two years of rapid expansion amid the promising growth of China’s coffee economy. The brand’s success has been driven by a strong focus on coffee localization, sustainable supply chain…