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White goods at crux of consumption push

A visitor tries out a bed supported by smart technologies during a home appliance expo in Shanghai in September. CHINA DAILY China’s latest efforts to boost consumption of green and smart household appliances and home furnishings are expected to further stimulate consumer spending appetites, propel industrial upgrades and provide fresh momentum for high-quality economic growth,…

Major power plant makes green leap

China Energy Investment Corp (CHN Energy) has brought online the country’s single largest and most efficient gas-fired power unit at its Anji power plant in Zhejiang province, completing the transformation of a site that once housed the region’s largest coal-fired generator. The new facility effectively replaces the former Meixi coal-fired power plant, which was the…

Ski suits in office as staff ready for slopes

As winter temperatures get gradually colder, warm, wind-resistant ski suits with nice designs have become “workday outfits” for some office workers. Yang Hua, a 35-year-old office worker in Beijing, chooses to commute in a pink ski suit. “Facing the dilemma between ‘asking for a day off to go skiing’ and ‘commuting in a black down…

Private firms make beeline to Hainan FTP

A drone photo taken on May 27, 2025 shows a view of the Yangpu International Container Port in the Yangpu Economic Development Zone in Danzhou, South China’s Hainan province. [Photo/Xinhua] As Hainan Free Trade Port approaches its island-wide special Customs operations next month, private enterprises are increasingly aligning their strategies with the province’s development vision,…

Unified market set to spur development

This aerial drone photo taken on May 28, 2025 shows a view of the Yangpu International Container Port in the Yangpu Economic Development Zone in Danzhou, south China’s Hainan province. [Photo/Xinhua] China’s next stage of development will rely on building a more unified national market, expanding domestic demand and deepening high-standard opening-up, even as protectionism…

Key steps to boost RMB’s intl standing highlighted

Foreign buyers learn about audio products during the 138th edition of the China Import and Export Fair in Guangzhou, South China’s Guangdong province, Oct 15, 2025. [Photo/Xinhua] Momentum is building for China to elevate the renminbi’s global standing in the years ahead, with greater capital account convertibility, a more coherent financial opening framework and expanded…

Expert outlines key steps to boost RMB’s global standing

Momentum is building for China to elevate the renminbi’s global standing in the years ahead, with greater capital account convertibility, a more coherent financial opening framework and expanded private outbound investment set to be among the core of the next reform push, said a veteran economist. “Renminbi internationalization is a natural process,” said Guan Tao,…

Securities commission seeks public opinions on pilot program for REITs

The China Securities Regulatory Commission said in a statement on Friday that it is soliciting public opinions on launching a pilot program for commercial real estate investment trusts, a move designed to broaden financing channels and support the stable development of the property sector. The initiative seeks to implement the new set of nine guidelines…

Pilot section of Shanghai Eastern Hub passes crucial operational review

The Shanghai Eastern Hub International Business Cooperation Zone has seen its pilot launch area pass a crucial operational readiness review on Nov 28, paving the way for its official launch. [Photo provided to chinadaily.com.cn] The Shanghai Eastern Hub International Business Cooperation Zone has seen its pilot launch area pass a crucial operational readiness review on…