China’s general public budget revenue, the sum of tax revenue and non-tax revenue, reached about 4.42 trillion yuan ($639.8 billion) in the first two months of this year, up 0.7 percent year-on-year, according to the Ministry of Finance on Thursday. Of this, the country’s tax revenue amounted to 3.64 trillion yuan, an uptick of 0.1…
Drew Henry, executive vice-president of Arm’s Physical AI Business Unit, speaks at an event in Beijing on March 17, 2026. [Photo provided to chinadaily.com.cn] A senior Arm executive has hailed China as a key testing ground and showcase for physical AI, as robots and smart cars are becoming increasingly commonplace in the world’s No 2…
BEIJING – China is poised to leverage its capital markets to bankroll a new generation of hard-tech startups, rolling out long-term funding, national merger vehicles and an overhaul of its Nasdaq-style board. The moves, anchored in its 15th Five-Year Plan outline released this month, aim to harness financial instruments to bolster its technology sector over…
China and the United States have agreed to study the establishment of a cooperation mechanism to promote bilateral trade and investment, and to continue leveraging existing consultation frameworks, according to the Ministry of Commerce. The ministry’s announcement came after Chinese and US delegations held candid, in-depth, and constructive exchanges in Paris from March 15 to…
Engineers conduct a thermal inspection of server facilities at an industrial park in the Beijing-Tianjin Industrial New City in Wuqing district, on Feb 26, 2026. [Photo/Xinhua] More than 160 projects in fields including biomedicine, smart technology and automotives have landed in Beijing-Tianjin Industrial New City located in Wuqing district, Tianjin, this year. The total investment…
Ingredients 1. 1 catty of pork belly (whole piece) 2. 1/2 catty (approximately 2 stalks) of mui choi (preserved vegetables) 3. 2 tablespoons oyster sauce… Read More »Braised pork belly with preserved vegetables
This photo taken on Feb 13, 2025 shows a model of Geely EX5 in the booth of Geely, a Chinese auto brand, during the 2025 Indonesia International Motor Show (IIMS) in Jakarta, Indonesia. [Photo/Xinhua] Geely is expected to deliver smart driving capabilities comparable to Tesla’s Full Self-Driving (FSD) system by the end of this year,…
Shoppers check out cosmetics at a duty-free store in Haikou, Hainan province, on Feb 17. SU BIKUN/FOR CHINA DAILY Hainan Free Trade Port’s duty-free sales soared in the first two months, driven by a bustling tourism season and recent policy expansions that underscore its accelerating evolution into a global tourism and consumption hub, experts said.…
Shoppers check out cosmetics at a duty-free store in Haikou, Hainan province, on Feb 17. SU BIKUN/FOR CHINA DAILY Hainan Free Trade Port’s duty-free sales soared in the first two months, driven by a bustling tourism season and recent policy expansions that underscore its accelerating evolution into a global tourism and consumption hub, experts said.…
Shanghai certified 30 regional headquarters of multinational corporations and 15 foreign-funded R&D centers on March 18. Representatives of the companies said Shanghai’s strong business environment, talent pool and supportive policies continue to attract global companies. Tanks to chinadaily.com.cn Please visit: Our Sponsor