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Market value of ETFs on Shanghai Stock Exchange exceeds 3t yuan

SHANGHAI – The total market value of exchange-traded funds (ETFs) on the Shanghai Stock Exchange has surpassed 3 trillion yuan ($417 billion), according to data released on Wednesday by this exchange. It said that the scale of China’s ETF market has grown rapidly in recent years, thanks to both the growing participation of investors in…

China’s consumption booms during May Day holiday

This year’s May Day holiday showcased China’s vibrant consumption market, with bustling activity noted across the country reflecting strong consumer demand, thriving businesses, and a dynamic holiday-driven economy. Check out how these AI-powered visualizations beautifully capture the vibrancy of China’s May Day holiday! Thanks to Chinadaily.com.cn Please visit: Our Sponsor

Technical challenges persist despite mounting enthusiasm, progress

A humanoid participates in the world’s first humanoid robot halfmarathon in Yizhuang, Beijing, on April 19. WEI XIAOHAO/CHINA DAILY On April 19, Beijing made history by hosting the world’s first humanoid robot half-marathon. Twenty teams from universities, research institutions and tech firms raced 21 kilometers alongside human runners, showcasing robots like the towering 1.8-meter “Tiangong Ultra”…

Mega HSR project heralds brighter future for nation’s rural vitalization

An aerial image of the Xintangchong Tunnel on the Shaoyang-Yongzhou High-speed Railway in Hunan province on Tuesday. HAN XINLIANG/FOR CHINA DAILY Yang Xiaowu, a villager in Shaoyang, Central China’s Hunan province, was jubilant when he saw the 315.69-meter-long Xintangchong Tunnel being fully connected by State builders on Tuesday, marking the fast progress of a high-speed railway…

German firms to beef up localization

Employees work on an auto production line of Volkswagen in Hefei, capital of Anhui province. CHEN ZHUO/FOR CHINA DAILY Nearly 40 percent of German companies said they plan to accelerate their localization in China, in the wake of recent trade conflict escalation between the United States and China, a survey by the German Chamber of Commerce…

Nation to invest more in infrastructure projects

Infrastructure investment is expected to grow in China to serve the nation’s efforts in stabilizing domestic demand amid global trade tensions that threaten its export growth, market insiders said. Trade turbulence triggered by the United States’ tariff strategy is affecting not only global supply chains on a scale unexpected by the market, but also overall…

More market stabilization steps detailed

File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s latest incremental financial measures to stabilize market expectations will help to further consolidate market recovery by ushering in more long-term capital and boost investors’ sentiment with the continued advancement of capital market reform, said officials and experts. A sweeping set…

New webinar on mastering map creation

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PBOC to establish new relending facility

Visitors try a multi-language AI display screen at the 3rd China (Anhui) Science and Technology Innovation Achievement Transformation Fair in Hefei, capital of East China’s Anhui province, April 26, 2025. [Photo/Xinhua] The People’s Bank of China, the country’s central bank, will establish a new relending facility worth 500 billion yuan ($69.28 billion) to support consumption…

Lenovo unveils bold vision for AI, addresses concerns over tariffs

Yang Yuanqing, chairman and CEO of Lenovo, interacts with a robot at the company’s Tech World event in Shanghai on Wednesday. [Photo provided to chinadaily.com.cn] Lenovo Chairman and CEO Yang Yuanqing on Wednesday outlined a bold vision for AI-driven “Super Intelligent Agents” poised to redefine human-machine collaboration, while addressing concerns over global tariff pressures and…