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MUFG cashes in on China windfall

MUFG China is hitting a “sweet spot” as Chinese companies accelerate to expand their footprint in the Asian market amid escalated geopolitical uncertainties, making China-related business increasingly important to the Japanese banking group’s layout in the region, executives said. Also providing opportunities for the bank, they said, is the recovering confidence of multinational corporations and…

Jiangsu finds creative answer to plastic waste

The world’s first pavement incorporating dual-blend recycled plastics with asphalt mixtures was inaugurated in Jiangsu province on Monday, a significant step toward sustainable infrastructure development by demonstrating a practical and scalable solution to plastic waste. The pavement, located in Suqian of Jiangsu province, and jointly operated by Saudi Aramco and the China Building Materials Academy…

CHINADAILY EPAPER

Subway construction workers get inoculated with COVID-19 vaccines in Nantong, Jiangsu province, on Tuesday. Medical experts are urging the public to get vaccinated as soon as possible and to abide by personal hygiene measures. XU CONGJUN/FOR CHINA DAILY See story, page 3 After a high-level meeting hosted by China, the United Nations Security Council has…

WIC releases report on AI governance

The report on Governing AI for Good and for All—Empowering Global Sustainable Development was released at the World Internet Conference (WIC) Asia-Pacific Summit in Hong Kong on April 14. [Photo/wicinternet.org] The report on Governing AI for Good and for All—Empowering Global Sustainable Development was released at the World Internet Conference (WIC) Asia-Pacific Summit in Hong…

Sichuan Airlines to launch first Chengdu-Madrid direct flight

A painted Airbus A321 aircraft operated by China’s Sichuan Airlines arrives at Beijing Capital International Airport, on March 24, 2025. [Photo/VCG] CHENGDU – A new regular direct flight will be launched between Chengdu, capital of Southwest China’s Sichuan province, and Madrid, the capital of Spain, starting April 27. Sichuan Airlines will operate this route with…

Fossil fuels sector adapts to evolving energy landscape

Staff members pose for a group photo as they celebrate the completion of the drilling of “Shenditake 1,” an ultra-deep borehole reaching 10,910 meters, in the hinterland of the Taklimakan Desert in the Tarim Basin, Northwest China’s Xinjiang Uygur autonomous region, Feb 20, 2025. [Photo/Xinhua] China’s oil and gas sector is pro-actively adapting to a…

Power companies strengthen energy partnership

On the first day of April, a landmark partnership was forged in Hanoi, Vietnam, as China Power Engineering Consulting Group — a key subsidiary of Chinese energy heavyweight China Energy Engineering — signed a cooperation agreement with Vietnam Electricity, kicking off what both sides describe as a new chapter in bilateral energy collaboration. The deal…

Government-Enterprise Dialogue held in Hong Kong

[Photo/wicinternet.org] The Government-Enterprise Dialogue, an event of the 2025 World Internet Conference (WIC) Asia-Pacific Summit, was held in Hong Kong on April 14. The dialogue was co-chaired by Ren Xianliang, Secretary-General of the WIC, and Sun Dong, Secretary for Innovation, Technology and Industry of the Government of the Hong Kong Special Administrative Region (HKSAR). Bringing…

China’s railway investment up 5.2% in Q1

An aerial view of the construction site of the Shanghai-Chongqing-Chengdu High-Speed Railway in Hubei province. [Provided to chinadaily.com.cn] BEIJING – China’s railway construction progressed steadily in the first quarter of 2025, with fixed-asset investment expanding 5.2 percent year-on-year, according to the country’s railway operator. During the January-March period, fixed-asset investment in the country’s railway sector…

China Eastern Airlines to launch direct flight between Shanghai and Geneva

China Eastern Airlines will become the first Chinese airline to introduce a direct flight between Shanghai and Geneva, Switzerland, commencing on June 16. The Shanghai-Geneva flight will operate every Monday, Wednesday, Friday, and Saturday from the bustling Shanghai Pudong International Airport, offering travelers a convenient and efficient travel option. The return flight from Geneva will…