As part of China’s efforts to strengthen credit-based financial regulation and guard against financial risks, the National Financial Regulatory Administration issued trial regulations on the management of the list of entities with serious credit violations. The rules will take effect on Oct 1. An official at the NFRA said China’s top financial regulator formulated these…
SHANGHAI — Shanghai has ranked second among leading international shipping centers, according to a report released on Friday. Surpassing London, Shanghai secured the second spot in the 2026 Xinhua-Baltic International Shipping Center Development Index, after Singapore, according to the report. It marks the city’s highest-ever ranking since the index was introduced in 2014. Jin Yu…
French cosmetics group L’Oreal announced recently two major industrial upgrades: the inauguration of the UPX Phase II smart manufacturing workshop and the launch of an industrial water management project during the 30th anniversary celebration on June 11 of L’Oreal’s Suzhou Plant, the group’s largest manufacturing base by production capacity. The industrial water management project is…
A Brazilian dancer performs a breaking routine at the annual gala on June 30. [Photo by Zhu Lingshu for China Daily] In Kaizhou district, Southwest… Read More »Bringing art to all – Chinadaily.com.cn
Northeast China’s first solar thermal power station marks a major leap forward in the country’s green energy transition, proving that clean power can be successfully scaled in extreme, severely cold climates, said industry experts. Commissioned by the end of June in Da’an, Jilin province, the 100-megawatt project by China General Nuclear Power Corp establishes a…
South Korean memory chipmaker SK Hynix began trading on the Nasdaq after launching its new US listing on Friday, cashing in on the surging demand driven by the global buildout of artificial intelligence. The company priced its American depositary receipts at $149 apiece on Thursday, only to see them open at $170 on the Nasdaq…
Overseas buyers look at different fans at a wholesale market in Yiwu, Zhejiang province. YANG MEIQING/FOR CHINA DAILY As persistent heatwaves sweep across Europe, Chinese manufacturers are rapidly ramping up exports of cooling appliances, underscoring the country’s ability to respond swiftly to shifting global demand through resilient supply chains, product innovation and flexible manufacturing. From…
China’s leading DRAM chipmaker ChangXin Memory Technologies has opened the final countdown to one of the world’s most closely-watched IPOs, setting July 16 as the subscription date for a 29.5 billion yuan ($4.35 billion) share sale. The market debut will be the biggest A-share IPO of 2026 and the second-largest listing since the STAR Market…
Shanghai surpasses London to rank second in the 2026 Xinhua-Baltic International Shipping Center Development Index published on July 10. [Photo provided to chinadaily.com.cn] Shanghai has surpassed London to rank second in the 2026 Xinhua-Baltic International Shipping Center Development Index published on Friday, reflecting its comprehensive capability among global shipping centers. Before the new rating, Shanghai…
Chinese online fashion retailer Shein has completed a key regulatory filing process with China’s securities regulator for its planned listing in Hong Kong, marking a key regulatory step in its long-awaited initial public offering. According to a filing notice released on Friday by the China Securities Regulatory Commission, the company has received a filing notice…