CHONGQING — Watching red leaves has long been a favorite autumn pastime in China, and the passion for this seasonal tradition is now becoming a powerful economic engine across the country, especially in rural areas. In Wushan county, Southwest China’s Chongqing municipality, the 19th Red Leaf Festival is in full swing, with about 80,000 hectares…
A visitor interacts with ByteDance’s AI model Doubao during a high-tech expo in December 2024, in Shanghai. [CHINA DAILY] Chinese tech giant ByteDance said its artificial intelligence-powered Doubao mobile phone assistant will have some AI capabilities adjusted, while calling for protecting users’ lawful rights to leverage AI as part of a broader push to balance…
China’s manufacturing transformation, ultra-large market and accelerating shift toward services, energy transition and digitalization will unlock substantial opportunities for French companies in the years ahead, said French business executives. As China and France deepened economic cooperation during French President Emmanuel Macron’s state visit to the nation last week, they said that the prospects for Sino-French…
Operators conduct inspections and maintenance on equipment at Daqing Gulong continental shale oil national demonstration zone in Heilongjiang province on Thursday. WANG SONG/XINHUA The annual production of Gulong shale oilfield in Daqing, Heilongjiang province, has exceeded 1 million metric tons, Daqing Oilfield Co, a subordinate of China National Petroleum Corp, announced on Friday. “After five…
File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] As the country approaches the 15th Five-Year Plan period (2026-30), top policymakers are sharpening their focus on steady and prudent macroeconomic management, with the central bank’s latest messaging underscoring that China would avoid both aggressive easing and disruptive policy reversals…
The State Grid Zhoushan Power Supply Company carries out the first integrated air-surface-underwater inspection of intertidal submarine cables in Gouqi waters, Shengsi, Zhejiang province. [Photo provided to chinadaily.com] The State Grid Zhoushan Power Supply Company recently conducted its first integrated air-surface-underwater inspection of intertidal submarine cables in Zhejiang, a mission that deployed a self-developed twin-hulled…
The pilot program to upgrade the functions of the free trade account system in the China (Shanghai) Pilot Free Trade Zone officially took effect on Friday, marking a new step forward in the liberalization and facilitation of cross-border trade and investment. The People’s Bank of China Shanghai Head Office started implementing the interim measures for…
Global Developer Pioneers Summit 2025, which will include the world’s first embodied intelligence skills contest referring to the criteria adopted at the WorldSkills Competition, will be held in Shanghai from Dec 12 to 14. Held for 47 editions so far, the WorldSkills Competition is a biennial event aiming to promote premier vocational skills and cutting-edge…
BEIJING — Investment from the central government budget toward the work-for-relief programs has totaled 35.5 billion yuan (about $5 billion) in 2025, with these programs expected to create more than 1.1 million jobs for the low-income population, according to the National Development and Reform Commission (NDRC). The NDRC, China’s top economic planner, said these programs…
In 2024, the total number of passengers travelling by air in the EU was 1.1 billion, an increase of 8.3% compared with 2023 (973 million). Data show that in 2024, all EU countries registered an increase in the number of passengers carried by air compared with 2023. Hungary (+19.2%), Czechia (+18.9%) and Estonia (+17.8%) reported…