China’s aggregate social financing — the total amount of financing to the real economy — stood at 9.29 trillion yuan ($1.29 trillion) in the January-February period, up by 1.32 trillion yuan compared to the same period last year, official data showed. The People’s Bank of China, the country’s central bank, said on Friday that the…
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The “CEO: Grow with China” Roundtable was hosted by China Daily Institute for Corporate Communication and China Services Information Platform on Friday, with participants sharing insights about China’s business opportunities. [Photo by Wang Zhuangfei/chinadaily.com.cn] China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for…
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He Xiaopeng, chairman and CEO of XPeng, unveiled the company’s 2025 G6 and G9 auto models. [Photo provided to chinadaily.com.cn] Chinese electric vehicle company, XPeng Motors, unveiled its 2025 G6 and G9 auto models on Thursday, as it bets on autonomous driving and fast charging technologies to stand out amid intensified competition in the EV…
NJ Ayuk (right), founder and executive chairman of the African Energy Chamber, signs a memorandum of understanding with Tima Networks during a forum held in Shanghai on March 13. [Photo provided to chinadaily.com.cn] Chinese companies have been playing a critical role in Africa’s accelerating process of energy transition and industrialization, and are expected to further…
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Figurines with computers and smartphones are seen in front of the words “Artificial Intelligence AI” in this illustration taken, Feb 19, 2024. [Photo/Agencies] BEIJING – The topic of artificial intelligence (AI) has stood out at meetings and press conferences during China’s annual two sessions, painting a broader picture: China is rapidly evolving into an AI…
A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – China has announced a raft of measures to optimize consumer finance, aiming to stimulate consumption and improve financial services, the country’s top financial regulator said on Friday. The National Financial Regulatory Administration has called on financial institutions to diversify…
Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to chinadaily.com.cn] BEIJING – Having long propelled China’s economic ascent, major provincial-level regions are now leading the charge in the country’s transformative shift toward high-quality development. China’s top 10 provincial economic heavyweights, including Guangdong, Jiangsu, Shandong, Zhejiang and Sichuan, accounted…