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Nation making great strides in green energy

An employee checks photovoltaic parts at a factory in Hefei, Anhui province, on Oct 22. ZHAO MING/FOR CHINA DAILY China’s advanced new energy technology and well-developed industrial chain have played a key role in supporting the global shift toward green and low-carbon energy, said industry experts and company executives. China has made significant progress in enhancing…

2nd phase of 136th Canton Fair opens in Guangzhou

A buyer selects goods at the 136th China Import and Export Fair in Guangzhou, South China’s Guangdong province, Oct 23, 2024. [Photo/Xinhua] The second phase of the 136th China Import and Export Fair, popularly known as the Canton Fair, opened in Guangzhou on Wednesday focusing on displaying products such as household goods, gifts, decorations, building…

Top international fashion brands debut new collections as a vote of confidence in China

Tourists gather at the downtown area of Shanghai. [WANG GANG/FOR CHINA DAILY] SHANGHAI – Top international fashion brands are launching new collections in China’s economic hub Shanghai, a vote of confidence in the country’s consumer market and a sign of the city’s influence on leading fashion trends. Over 8,000 Chinese and foreign guests gathered by…

Zhejiang breaks the $7,000 threshold in per capita disposable income

Visitors watch a performance at a cultural street in Huzhou, East China’s Zhejiang province, on July 12, 2024. [Photo/VCG] East China’s Zhejiang province broke the 50,000 yuan ($7,020) threshold in terms of per capita disposable income for the first time during the Jan-Sept period this year, reaching 52,206 yuan to secure the third spot among…

Central SOEs invest 1.4t yuan in emerging industries in Q1-Q3

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] BEIJING – The investment of China’s centrally administrated State-owned enterprises (SOEs) in strategic emerging industries reached 1.4 trillion yuan ($196.6 billion) in the first three quarters of the year, official data showed Tuesday. The investment during the period jumped…

MoU signed on green shipping corridor between Shanghai, Hamburg ports

View of Container Terminal Tollerort of Hamburger Hafen und Logistik AG Ports in Hamburg, Germany. [Photo/Agencies] SHANGHAI – China’s Shanghai Port and the Port of Hamburg, Germany on Tuesday jointly announced the building of a green shipping corridor between the two ports, a move aimed at promoting their green transformation, strengthening cooperation and exchange, and…

Economic cooperation takes center stage at Europe Forum 2024

Wang Hong, Chinese president of CEIBS, delivers a welcome speech at the forum. [Photo provided to chinadaily.com.cn] The China Europe International Business School (CEIBS) has played host to the Europe Forum 2024, a gathering of influential figures from the political, diplomatic, business, and academic spheres of both China and Europe. Held on Oct 22 in both…

China’s finance ministry to issue 5b yuan of treasury bonds in Macao

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – China’s Ministry of Finance said on Wednesday it will issue 5 billion yuan ($702 million) of yuan-denominated treasury bonds in the Macao Special Administrative Region on Oct 30. This year marks the 25th anniversary of Macao’s return to the…

US firms continue to seek investment opportunities in Chinese market

The skyline of Beijing. [Photo/VCG] CHONGQING – Many US companies are seeking investment opportunities in the Chinese market amid China’s introduction of a host of incremental policies to support economic growth. On Monday and Tuesday, a roundtable meeting between the National Development and Reform Commission (NDRC) and US multinationals was held in Southwest China’s Chongqing…

Huawei releases homegrown HarmonyOS NEXT operating system

Yu Chengdong, Huawei’s executive director, speaks at the launch event of HarmonyOS NEXT in Shenzhen, South China’s Guangdong province, Oct 22, 2024. [Photo/Xinhua] SHENZHEN – Chinese tech giant Huawei on Tuesday released HarmonyOS NEXT, its self-developed operating system built independent of Android architecture. The launch event in Shenzhen, where the company is based, marks another…