A pedestrian touches the Bund Bull in Shanghai. BLOOMBERG/GETTY IMAGES As Chinese bourses record historic daily gains, with the Shanghai Composite Index up more than 8 percent and moving above the 3,300-point level, policymakers in China will likely take bolder moves than expected to bolster the world’s second-largest economy in the following months, analysts said…
Technicians check solar panels in Zhoushan, Zhejiang province. [Photo by YAO FEN/GFOR CHINA DAILY] BEIJING – Over the past three months, Anhui Huasun Energy Co Ltd has been racing against time to make solar modules for a gigantic photovoltaic project in China’s Xinjiang. These 1.8-gigawatt modules using advanced heterojunction technology will be installed at a…
BEIJING – China’s broadcasting, television and online audio-visual service industry generated total revenue of 668.3 billion yuan ($95.3 billion) in the first half of 2024, representing 7 percent year-on-year growth. The development of cable TV networks and 5G is progressing in tandem, with over 28 million users now on the broadcasting 5G network, said Zhu…
The 7th World Textile Merchandising Conference will take place in Keqiao, Zhejiang province, from Oct 23 to 26, it was announced by the organizers at a press conference in Beijing on Sunday. [Photo provided to chinadaily.com.cn] The 7th World Textile Merchandising Conference will take place in Keqiao, Zhejiang province, from Oct 23 to 26, it…
Liu Hanru (left), chief scientist of Farizon New Energy Commercial Vehicle Group, talks to Shi Jianhua, deputy secretary-general of China EV100, at a forum on Sept 24, 2024. [Photo provided to chinadaily.com.cn] Methanol-hydrogen electric vehicles represent a pivotal advancement in China’s quest for sustainable transportation, said experts. “This technology is not just a novel alternative;…
More than 80 representatives from businesses and universities gathered in Shanghai on Saturday to discuss the opportunities and challenges faced by Chinese companies looking to go international. [Photo provided to chinadaily.com.cn] More than 80 representatives from businesses and universities gathered in Shanghai on Saturday to discuss the opportunities and challenges faced by Chinese companies looking…
In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. By the 1990s, many of these companies began building factories in locations…
Mining company Ganfeng Lithium will further expand investments in Africa and deepen cooperation in the mining sector, a top executive said during a recent interview with China Daily. Currently, the company is advancing its Mboukoumassi potassic salt ore project, a major potash project under construction in Africa. The main ore type in the mine is…
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] The Payment & Clearing Association of China and the China Banking Association issued a joint initiative on Sunday to encourage the continuation of payment fee reduction for small and micro enterprises and self-employed households. According to the payment and clearing…
A view of the booth of Unilever during an expo in Shanghai. CHINA DAILY Unilever Plc, a British consumer goods company, has announced that it will continue to strengthen research and development efforts of more high-end and green laundry products in China to meet growing demand of such products by Chinese consumers. Sales growth of…