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China to roll over 750b yuan of special treasury bonds

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BEIJING – China will roll over 750 billion yuan ($106 billion) in special treasury bonds that will mature on Friday, the Ministry of Finance said Wednesday. As the 750 billion yuan of treasury bonds issued in 2007 will mature on Dec 12, the ministry will issue an equivalent amount to designated banks on the interbank…

World Bank raises China’s growth forecasts signaling confidence in economic resilience

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A cargo vessel is loaded up with containers at a container terminal of Hong Kong, South China, May 22, 2025. [Photo/Xinhua] The World Bank has raised its forecast for China’s 2025 economic growth to 4.9 percent on Thursday, up 0.4 percentage points from its previous projection. Accommodative fiscal and monetary policies supported the revised forecast,…

Beijing institute launches AI platform to boost new-drug development

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The Global Health Drug Discovery Institute on Thursday unveiled AI Kongming in Beijing, an artificial intelligence-driven platform designed to sharply improve the efficiency and success rate of drug development from target discovery to clinical candidates. The institute said the platform puts a strong emphasis on accelerating the development of new drugs for major global health…

Chinese company wins contract to build big-data systems in Cambodia

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A core technology behind China’s first large-scale pumped-storage AI data analysis platform has secured a contract to build big-data systems for two major hydropower stations in Cambodia, China Southern Power Grid said. The bid marks the overseas application of China’s achievements in AI application in pumped storage, helping facilitate industrial technology cooperation in hydropower infrastructure…

China to focus on stimulating consumption next year

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A staff member promotes products via live-streaming at a culture and tourism industrial demonstration base in Shijiazhuang city, North China’s Hebei province, Nov 11, 2025. [Photo/Xinhua] Facing external uncertainties and a persistent slump in the property sector, China is expected to roll out more robust initiatives to stimulate consumption in 2026, in an effort to…

APEC ‘China Year’ kicks off at Shenzhen meeting

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  The APEC Informal Senior Officials’ Meeting concluded in Shenzhen, Guangdong province on Friday. [Xinhua] China announced on Friday that the 33rd APEC Economic Leaders’ Meeting will take place on Nov 18-19 in Shenzhen, Guangdong province, unveiling “Building an Asia-Pacific Community to Prosper Together” as the theme for the 2026 APEC meetings. The schedule was…

Shandong cultivates new apple variety to boost sales

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“Snow Apple” — a late-ripening strain of Red Fuji apple — has been cultivated by farmers in Zhaoyuan, Shandong province, to secure a good price due to its high quality. [Photo provided to chinadaily.com.cn] East China’s Shandong province is making every effort to cultivate more apple varieties and boost their sales through live-streaming. Ian has…

Shale oil demonstration zone beats annual target

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China’s first national-level onshore shale oil demonstration zone has reached its annual crude output target of 1.7 million metric tons as of Tuesday, finishing 22 days ahead of schedule, according to an announcement on the China National Petroleum Corporation’s official website. The Jimsar shale oil demonstration zone in the Xinjiang Uygur autonomous region was jointly…

China welcomes EU talks on setting price of electric vehicles

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People visit the exhibition area of BYD at the 7th e-SALON in Prague, the Czech Republic, Nov 14, 2025. [Photo/Xinhua] China welcomes the European Union’s efforts to restart negotiations on price undertakings concerning Chinese-made battery electric vehicles and appreciates its return to resolving differences through dialogue, the Ministry of Commerce said on Thursday. Price undertakings…

Eco-friendly advancements unveiled at science showcase

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China showcases significant advancements in eco-friendly technology at the National Communication Center for Science and Technology in Beijing on Dec 9. [Photo provided to chinadaily.com.cn] China unveiled significant advancements in eco-friendly technology at a science showcase held at the National Communication Center for Science and Technology in Beijing on Dec 9. The event highlighted groundbreaking…