Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] BEIJING — Official data showed that China saw robust growth in the outstanding sum of loans to small and micro companies by the end of 2024 amid government efforts to encourage inclusive financing. By the end of the fourth quarter (Q4) of…
Workers pack flowers at the Kunming Dounan Flower Market in Southwest China’s Yunnan province, Jan 31, 2023. [Photo/Xinhua] KUNMING — The Dounan Flower Market, Asia’s largest fresh-cut flower trading market, in the Southwest Chinese city of Kunming saw flower transaction volume up 5 percent to 14.18 billion stems last year. With a transaction value of…
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Farm grower Wu Zhengqian harvests strawberries in his greenhouse in Wuxingyanzhuang village, Juancheng county, Shandong province, on Feb 24. [Photo provided to chinadaily.com.cn] In East China’s Shandong province, farm grower Wu Zhengqian is jubilant with the vibrant growth of his strawberries in greenhouses at grain-producing Juancheng county. Shuttling through his strawberry bushes in Wuxingyanzhuang village…
This undated file photo shows some fresh coffee beans growing at a coffee estate in Pu’er of Southwest China’s Yunnan province. [Photo/Xinhua] KUNMING – Yunnan province in Southwest China exported 32,500 tons of coffee in 2024, marking a year-on-year increase of 358 percent, according to customs authorities on Tuesday. The coffee was exported to 29…
This photo taken on Feb 20, 2025 shows a monitoring robot at Tianjin Siasun Intelligent Technology Co Ltd in the Beijing-Tianjin Zhongguancun Tech Town, in Tianjin, North China. [Photo/Xinhua] As a key cooperation platform for Beijing and Tianjin to jointly implement the national strategy for the coordinated development of Beijing-Tianjin-Hebei region, and the first asset-heavy…
A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – China’s central bank on Tuesday conducted a 300-billion-yuan ($41.83 billion) medium-term lending facility (MLF) operation to maintain ample liquidity in the country’s banking system. The MLF operation features a one-year maturity period and an interest rate of 2 percent,…
Rani Jarkas, chairman of Cedrus Group. Swiss biotechnology companies are stepping up expansion and investments in China, eyeing its huge market potential and improved policies to accommodate foreign capital, said executives and industry mavens. Bettina Ernst, a board member of Switzerland-based Versameb, said the pharmaceutical company is enthusiastic about collaboration opportunities in China, aimed at…
A Yingge dance team performs during an event to celebrate Spring Festival in Shantou, Guangdong province, on Feb 2. YAO JUN/XINHUA BEIJING — While insufficient domestic demand remains a challenge, China has seen its consumption sector, a key driver of economic growth, unleash more vitality in recent months, with hustle and bustle in the market…
People observe a model of the manned submersible vessel Shenhai Yihao (DeepSea No 1) at the China Marine Economy Expo in Shenzhen, South China’s Guangdong province. [Photo/Xinhua] BEIJING – China’s marine economy achieved a significant milestone in 2024, with its gross ocean product (GOP) exceeding 10 trillion yuan ($1.4 trillion) for the first time, according…