Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] BEIJING – China’s central bank conducted 568.2 billion yuan ($80.17 billion) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday. The move aims to offset the impact brought by the expiration of the medium-term lending…
The rendering of LEGOLAND Shanghai Resort. [Photo provided to chinadaily.com.cn] The LEGOLAND Shanghai Resort unveiled plans for its opening in 2025 at the 35th Shanghai Tourism Festival on September 14. Constructed from LEGO bricks 25 times their normal size, the float showcased key highlights including the LEGO logo inspired by a traditional Chinese story, LEGO…
A man debugs a smart robotic arm in Jinan, Shandong province, on Sept 10, 2024. [Photo/Xinhua] Innovation has promoted high-quality development in different industries in Jinan, East China’s Shandong province. In recent years, the innovation incubators have been used to focus on the layout of application scenarios such as computing power, online audio-visual and biotechnology,…
Adora Magic City departs from Shanghai’s Wusongkou port for its first commercial cruise tour on Jan 1. JI HAIXIN/FOR CHINA DAILY Breaking the convention that it normally takes a new cruise ship one year and a half to make profit, China’s first domestically built cruise ship, the Adora Magic City, has become profitable in its second…
The 2024 China International Fair for Trade in Services, or CIFTIS, is ongoing in Beijing. As one of the key application scenarios for the low-altitude economy, electric vertical takeoff and landing (eVTOL) aircraft, caught visitors’ eyes at the fair. Tanks to chinadaily.com.cn Please visit: Our Sponsor
Customers examine Huawei Mate XT trifold smartphones at a flagship store of the Chinese technology giant in Shanghai on Sunday. [CHINA DAILY] United States technological company Apple Inc is expected to see weaker-than-expected demand for its new iPhone 16 series during the first weekend of sales, as it faces stiff competition in the Chinese market…
This photo taken on Sept 11 shows a view of the China National Convention Center in Beijing. [Photo/Xinhua] CPA Australia, an international member organization, said it is optimistic about China’s economic growth potential and is looking for long-term cooperation with Chinese industrial players such as fostering more skilled accounting professionals. The organization attended the 2024…
This photo taken on Sept 13, 2024 shows an experimental high-speed train running along the Longyan-Longchuan High-Speed Railway in South China’s Guangdong province. [Photo/Xinhua] Intensifying efforts in major infrastructure projects is a prudent move, and should be highlighted at the moment for China, as it is facing headwinds of insufficient domestic demand, especially with consumption…
Staff members of State Grid Jiading Power Supply Company inspect the electricity consumption of agricultural equipment at Shanghai’s first digital unmanned farm in Waigang town. [Photo provided to chinadaily.com.cn] Across farmland stretching one thousand hectares, there are no farmers to be seen. Such a sight is fast becoming a reality. Recently, Wang Cong from the…
Members of the Shanghai, China Delegation to the Paris 2024 Olympic Games at the welcome ceremony hosted by Shanghai Disney Resort. [Photo provided to chinadaily.com.cn] SHANGHAI – Shanghai Disneyland will reopen to visitors starting from Tuesday at noon, following the departure from the city of Typhoon Bebinca, the 13th typhoon of this year. On Tuesday,…