Turbines at Fuqing Xinghua Bay Offshore Wind Farm in Fujian province on August 8. JIANG KEHONG/XINHUA China’s economy will likely pick up pace in the fourth quarter amid a slew of bolder-than-expected stimulus measures, providing strong support for achieving its annual growth target of around 5 percent this year, economists said. As China grapples with lackluster…
An American poses for a photo with a panda fluffy toy at Yu Garden in Shanghai on Sept 19, 2024. [Photo/Xinhua] China’s toy industry is embedded with huge business opportunities as reflected by the enthusiasm of both children and adults. At the 2024 China Toy Expo in Shanghai, visitors can see 17 categories of toy…
The 2024 G20 Entrepreneurship Roundtable was held at School of Economics and Management, Tsinghua University, on Oct 15-16. [Photo provided to chinadaily.com.cn] The booming digital economy has the potential to unlock new possibilities for women through flexible work models, said Dong Kui, secretary-general of the China Women’s Development Foundation, at the 2024 G20 Entrepreneurship Roundtable…
The fourth edition of the ESG Global Leaders Conference will take place in at The Bund City Hall Plaza in Shanghai’s Huangpu district from Oct 16 to 18. [Photo provided to chinadaily.com.cn] Companies should attach greater importance to conducting more environmental, social and governance practices to contribute to China’s green transition, said experts and market…
A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] The country’s southernmost province of Hainan plans to issue up to 3 billion yuan ($421.8 million) in offshore renminbi bonds in the Hong Kong Special Administrative Region, marking its third consecutive year of tapping the dim…
Dutch chip manufacturing equipment provider ASML Holding NV confirmed to China Daily that it expects its sales in the Chinese market back to a “more normalized level”, as the company released its third-quarter fiscal report. ASML released on Tuesday its third-quarter earnings for 2024, revealing potential shifts in its China business performance. Analysts have noted…
JD Logistics, the logistics arm of Chinese e-commerce behemoth JD, announced on Wednesday that sellers on Alibaba Group’s online marketplaces Taobao and Tmall can choose JD Logistics as the delivery method. JD Logistics said it will have full access to the Taobao and Tmall platforms where merchants could enjoy the integrated supply chain solutions involving…
An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY GUANGZHOU – South China’s economic powerhouse, Guangdong province, is attempting to capitalize on the thriving commercial space industry in a bid to fuel its high-quality development. This week, the provincial government unveiled an action plan for the next four…
A foreign visitor to the China Import and Export Fair talks to volunteers of Alipay+ on topics of cross-border payment methods. [Photo provided to chinadaily.com.cn] Despite the recent slowdown in global economic growth, geopolitical conflicts and protectionist policies, which have collectively decelerated international trade growth and cross-border capital flows, trade in the Asia-Pacific maintained growth…
Roger Federer interacts with young tennis players from the Yunnan Wild Elephant Tennis Club at On’s Shanghai event on Oct 8, 2024. [Photo provided to chinadaily.com.cn] With the passion for sports ablaze across China, Swiss athletic brand On Holding AG plans to deploy more resources to inspire the new generation to step onto the tennis…