[Photo/VCG] BEIJING – China’s National Development Bank (NDB), a key policy bank, has successfully released 12 billion yuan ($1.7 billion) in the form of three-year green financial bonds, with an issuance rate of 1.63 percent, which have attracted a wide variety of investors. The NDB has now reached a cumulative total of 189 billion yuan…
Engineers of China Railway 20th Bureau Group Corp conduct elevation measurements for asphalt road markings on a section of the Ntui-Mankim Highway project in Cameroon in late July. [Photo/China Daily] It was a busy weekday morning in late August for truck driver Osman Ngoh as the Cameroonian went about guiding workers while they loaded ebony…
Chinese automaker Chang’an and Chinese tech giant Huawei sign a comprehensive strategic cooperation agreement on Aug 20 in Chongqing. According to the agreement, Avatr, a Chang’an-affiliated NEV company, will acquire a 10 percent stake in Huawei’s smart auto business Yinwang for 11.5 billion yuan ($1.6 billion). [Photo provided to chinadaily.com.cn] Chinese automaker Chang’an and tech…
South China’s Guangdong province ranked first for the 35th consecutive year in terms of economic aggregate in 2023, according to a report by Economic View. Jiangsu and Shandong provinces took the second and third places on the GDP ranking list of Chinese regions for 2023. A total of 17 provincial-level regions’ performance outpaced the national…
A robot draws a picture at the ongoing 2024 World Robot Conference in Beijing. CHEN XIAOGEN/FOR CHINA DAILY Humanoid robots are expected to usher in a new stage of growth as Chinese tech companies venture into the field to cash in on the immense market opportunities going forward, said experts and business executives. Their comments have…
Major SOEs pave way for high-quality development, ramp up infrastructure building to lift economy, livelihoods Technicians of China Railway 24th Bureau Group Corp check rails during a contest of railway emergency management held by the local rail operator in Yiwu, Zhejiang province, in October. [Photo provided to China Daily] China recently decided to issue 1…
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. [Photo/Agencies] The National Financial Regulatory Administration will strengthen efforts to promote reforms and risk controls among small and medium-sized financial institutions, support stable development of the real estate sector and enhance financial regulation — among other tasks — to propel…
An aerial drone photo taken on July 3, 2024 shows a fully automated container terminal of Qingdao Port in operation in Shandong province. [Photo/Xinhua] China is taking solid steps, including accelerating the introduction of a new, shortened negative list for market access, to optimize the business environment and inject strong impetus into the economy, officials…
The European Union’s plan to impose definitive countervailing duties on imports of electric vehicles from China is likely to weaken Chinese investors’ confidence in Europe and hinder the growth of the global green industry, said market watchers and industry leaders on Wednesday. The European Commission, the EU’s executive arm, said on Tuesday that it plans…
A total of 33 companies from China made the 2023 Hurun Global 500 with five new comers, namely Li Auto, Kuaishou, Anta, Luxshare Precision and Haier Smart Home, according to a report by Hurun Research Institute. Tencent and Alibaba took the second and third spots on the list followed by ByteDance and Pinduoduo. Let’s take…