Representatives from five continents visited Shanghai before attending the 2024 Legislators Forum for Friendly Exchanges. John Haslem, president of Association of Former Members of the Parliament of Australia and former Liberal Party member for the House of Representatives, hails the development of China, noting, “I saw the United States 50 years ago, I see China…
The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] China will intensify counter-cyclical monetary measures at the aggregate level, central bank officials said on Thursday, implying room for further reductions in the reserve requirement ratio. Zou Lan, head of the Monetary Policy Department of the People’s Bank of China, the country’s central…
A view of the booth of Alibaba Group Holding Ltd during an e-commerce expo in Changsha, Hunan province. Alibaba has been offering a range of specialized training programs for African entrepreneurs. LIU XIANGJUN/FOR CHINA DAILY Chinese e-commerce platforms are investing more resources to expand their presence in Africa, helping local farmers sell their specialties, providing related…
An award to Palabora Copper from South Africa’s Department of Trade, Industry and Competition. CHINA DAILY HBIS Palabora Mining Company, a copper mine, smelter and refinery complex in the town of Phalaborwa, in South Africa’s Limpopo Province, owes its origins to a unique rock formation in the region known as the Palabora lgneous Complex. The mine…
A visitor checks out products during the 2024 Intertextile Shanghai Apparel Fabrics: Autumn edition in Shanghai in late August. CHINA DAILY Messe Frankfurt GmbH, one of the world’s largest trade fair and event organizers by sales revenue, plans to hold over 50 commercial exhibitions across China in 2025, said a senior executive, adding that the company…
An employee works on a production line of steel products in Maanshan, Anhui province, in August. LUO JISHENG/FOR CHINA DAILY Structural adjustment in China’s steel industry is accelerating to meet rising demand for steel from the automotive, shipbuilding and home appliance industries as well as emerging sectors like wind and solar power, said the China Iron…
Energy and power have emerged as the most significant areas of collaboration between China and Zambia over the past few decades. They are playing an important role in promoting the economic development of both countries, a top company executive said on Wednesday. Cooperation between China and Zambia has bright prospects, with energy and power playing…
Employees of CNMC Luanshya Copper Mines install the first pump at the Shaft 28 in Zambia. CHINA DAILY CNMC Luanshya Copper Mines, or CLM, a joint-venture established in June 2009 by China Nonferrous Metal Mining (Group), or CNMC, and Zambia Consolidated Copper Mines Investment Holdings, has made significant contributions to the socioeconomic development of Luanshya city…
Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April. CHINA DAILY Mercedes-Benz Group announced a massive investment plan on Wednesday to enrich its portfolio of locally made vehicles in China, its largest market in the world. Together with its Chinese partners, it is planning to spend over 14 billion yuan…
A model of the Beidou Navigation Satellite System is exhibited at the 6th Digital China Summit in Fuzhou, Fujian province, on Thursday. [PHOTO/CHINA NEWS SERVICE] China will ratchet up resources to advance the construction of the 5G network, expand the application of 5G technology in various fields, and promote the research and development of 6G,…