Did you know that in 2024, nearly 249 million, or nearly two-thirds (65%) of Europeans aged 15 or older, took at least one overnight trip for personal reasons? Or that most of them preferred to travel within their own country? In fact, 71.3% of all trips were domestic. And when they did travel abroad, they…
An SUV from China’s electric vehicle brand Voyah with L3 autonomous driving architecture undergoes road testing in Wuhan, Hubei province, on April 6. CHINA DAILY On the bustling roads of Beijing, a subtle revolution is taking shape, marked by a series of distinctive license plates. To the untrained eye, they are just alphanumeric codes. To…
An employee works on a PV panel production line in Maanshan, Anhui province, on Nov 21. WANG YUSHI/FOR CHINA DAILY China will scrap value-added tax rebates on photovoltaic products from April, signaling a decisive shift away from what industry experts see as subsidized overseas expansion. They said the decision could trigger a short-term surge in…
An employee works on a PV panel production line in Maanshan, Anhui province, on Nov 21. WANG YUSHI/FOR CHINA DAILY China will scrap value-added tax rebates on photovoltaic products from April, signaling a decisive shift away from what industry experts see as subsidized overseas expansion. They said the decision could trigger a short-term surge in…
Shanghai-based AI company MiniMax closed 109.9 percent higher at HK$345 per share in Hong Kong on Jan 9, raising its total market value to HK$106.7 billion on its initial public offering. [Photo provided to chinadaily.com.cn] Shanghai-based AI company MiniMax closed 109.9 percent higher at HK$345 ($44.26) per share in Hong Kong on Friday, raising its…
On 30 November 2025, a total of 4.33 million non-EU citizens who fled Ukraine had temporary protection status in the EU. Compared with the end of October 2025, the total number of people from Ukraine under temporary protection increased by 30 615 (+0.7%). The EU countries hosting the highest number of beneficiaries of temporary protection…
The Chilean Cherry Ice & Snow Festival officially launched on Saturday in Changchun, Jilin province. [Photo provided to chinadaily.com.cn] The Chilean Cherry Ice & Snow Festival was officially launched in Changchun, Jilin province recently, marking the start of a nationwide winter-themed promotion aimed at strengthening the presence of Chilean cherries in China’s premium fruit market. Initiated…
China will begin phasing out value-added tax export rebates for photovoltaic products from April 1, the finance ministry announced in a joint statement with the State Taxation Administration on Friday. Export rebates for battery products will be cut from 9 percent to 6 percent between April and December, before being fully scrapped from Jan 1,…
Skiers dressed up in Peking Opera costumes perform a themed skiing show at the Lake Songhua Resort of Jilin city, Northeast China’s Jilin province on Nov 21, 2025. [Photo/Xinhua] HARBIN — As China vigorously develops the ice and snow economy to boost consumption, homegrown gear makers are aiming for rapid growth in the winter sports…
Premier Chinese cashmere brand Sandriver inaugurated its largest global flagship store at Shanghai’s iconic Zhang Yuan, or Zhang Garden on Saturday. [Photo provided to chinadaily.com.cn] Premier Chinese cashmere brand Sandriver inaugurated its largest global flagship store at Shanghai’s iconic Zhang Yuan, or Zhang Garden on Saturday. As the first homegrown luxury brand to establish a presence…