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Global investors turn increasingly to Hong Kong to monetize rosy growth prospects

This photo taken on Feb 1, 2025 shows a city view of Hong Kong, South China. [Photo/Xinhua] HONG KONG – China’s Hong Kong has turned heads globally with its initial public offering bonanza expected to steam along in 2026, luring investors who are drooling over Chinese assets bolstered by the country’s growth prospects. The Hong…

Wind and solar lead China’s energy transformation, surpassing coal

An aerial drone photo taken on July 12, 2024 shows an experimental solar thermal power station in Yanqing district of Beijing, capital of China. [Photo/Xinhua] China’s grid-connected wind and solar capacity reached 1.84 billion kilowatts (kW) in 2025, surpassing coal power for the first time in history, according to data from the National Energy Administration…

As marriages rebound, China’s ‘sweet economy’ finds new momentum

A newly-wed couple poses for a photo after receiving their marriage certificate at the marriage registration office in Jiyuan city, Central China’s Henan province, Aug 29, 2025. [Photo/Xinhua] BEIJING – After years of decline, marriage registrations rebounded across regions in China last year, government data showed, as reforms eased long-standing registration rules and gave fresh…

CNRC submits proposal to address hurdles of Pirelli’s US expansion

China National Tire and Rubber Co Ltd, or CNRC, the controlling shareholder of Italian tire maker Pirelli, has submitted a proposal to address governance arrangements and potential regulatory concerns in the United States. The move follows an announcement last week by Camfin, Pirelli’s second-largest shareholder, that it would not renew its shareholder agreement with China’s…

China cuts 2.8t yuan in tax, fees in 2025 to support innovation, manufacturing

Staff members operate a robot to collect data in a warehouse scenario at a humanoid robot innovation center in Wuhan East Lake High-tech Development Zone, also known as the optics valley of China, in Wuhan, Central China’s Hubei province, Dec 4, 2025. [Photo/Xinhua] BEIJING – China’s tax and fee cuts as well as tax refunds…

China cuts 2.8t yuan in tax, fees in 2025 to support innovation, manufacturing

Staff members operate a robot to collect data in a warehouse scenario at a humanoid robot innovation center in Wuhan East Lake High-tech Development Zone, also known as the optics valley of China, in Wuhan, Central China’s Hubei province, Dec 4, 2025. [Photo/Xinhua] BEIJING – China’s tax and fee cuts as well as tax refunds…

Spring Festival celebrations to amplify consumption

The “crying horse” stuffed toys attract people’s attention at the Yiwu International Trade City in Yiwu, East China’s Zhejiang province, on Jan 12. LYU BIN/FOR CHINA DAILY As China heads into the Year of the Horse, consumer demand is being released earlier than usual, propelled by the country’s longest Spring Festival holiday on record and…

Lanzhou New Area emerges as hub for future industries in Northwest China

Once known for its challenging natural conditions and vast stretches of undeveloped land, Lanzhou New Area in Northwest China’s Gansu province in the past decade has rapidly emerged as a hub for future-oriented industries driven by technological innovation, smart manufacturing and digital trade. At the heart of its high-end medical equipment sector is a domestically…

China to deepen high-quality capital account opening

China will deepen high-quality capital account opening and improve the diversified investment and use of the country’s foreign exchange reserves in the next five years, as part of broader efforts to sharpen its financial strength, a senior official said. In an article published by Qizhi magazine, Zhu Hexin, head of the State Administration of Foreign Exchange,…

EU agricultural land price increased by 6.1% in 2024

In 2024, the average price of 1 hectare of arable land in the EU was an estimated €15 224, an increase of 6.1% compared with 2023 (€14 343). The average annual rental price of arable land and permanent grassland was an estimated €295 per hectare, an increase of 6.4% compared with 2023 (€277). This information…