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Hefei charging ahead as tech, innovative hub

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A visitor takes photos of a naked-eye 3D screen at the 2024 World Manufacturing Convention in Hefei, East China’s Anhui province, Sept 20, 2024. [Photo/Xinhua] Top Chinese manufacturers have shown growing reliance on research and development and cutting-edge technologies as new growth drivers, government officials, company executives and industry experts said on Friday. They made the…

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Beijing-Tianjin-Hebei region signs 202 projects at CIFTIS

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A view of the booth of the Beijing-Tianjin-Hebei region during the 2024 CIFTIS. [ZHANG XIUKE/FOR CHINA DAILY] A total of 202 investment projects with an overall investment of 162.2 billion yuan ($22.85 billion), as well as 24 cooperation agreements were signed on “Beijing Day” held during the 2024 China International Fair for Trade in Services.…

Innovation drives Anhui’s smart plants

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A Nio electric vehicle is assembled at an automated assembly line in Hefei, capital of Anhui province. CHINA DAILY In December 2012, when The Economist, a London-based magazine, identified Hefei as the world’s fastest-growing metropolitan economy, not many thought the capital of East China’s Anhui province would be able to maintain its steady pace of growth.…

Budgetary prowess seen key to debt management

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A clerk counts cash at a bank in Haian, East China’s Jiangsu province, on June 24, 2020. [Photo/Sipa] Strengthening budget management and intensifying accountability for any deviations will be key to addressing risks associated with China’s local government hidden debt, said a senior expert of public finance. Optimizing the management of government budgets and bringing…

China’s C919 plane carries out first flight using sustainable fuel

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The sustainable aviation fuel is mainly made from waste animals and vegetable fats, oil material, used edible oils, urban house refuse, as well as agricultural and forestry waste. [Photo provided to chinadaily.com.cn] With 129 passengers onboard, China’s first self-developed narrow-body jet C919 conducted its first commercial flight powered by sustainable aviation fuel (SAF) from Beijing…

China optimizes rules for financial leasing firms

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Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] China has further optimized the regulation of financial leasing companies to prevent financial risks, improve financial services, and promote high-quality development of the industry. According to a newly revised regulation that will officially take effect on Nov 11,…

Intense competition, camaraderie boost popularity of local games, events

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Participants in a tug of war at this year’s Lululemon Summer Sweat Games in Beijing in August. [Photo provided to CHINA DAILY] This summer, a team of six people from Shanghai, including professional trainers and office workers, participated in a nationwide fitness race, as community sports enthusiasts in China tuned in with the spirit of…

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AI ‘cornerstone’ of new industrial revolution

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Visitors experience VR gaming devices during the 2024 China International Fair for Trade in Services (CIFTIS) in the Cultural & Tourism Service thematic exhibition area at the Shougang Park in Beijing, Sept 16, 2024. [Photo/Xinhua] Generative artificial intelligence is set to play a pivotal role in driving China’s industrial revolution and injecting fresh impetus into…

New electric-bike standards to upgrade sector

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[Photo/VCG] Chinese authorities proposed on Thursday stricter technical standards for electric bicycles, with the top designed speed of e-bikes capped at 25 kilometers per hour, to enhance safety and better regulate the country’s rapidly growing e-bike sector. The new standards, proposed by the Ministry of Industry and Information Technology and several other ministries, are part…