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Central SOEs advance green supply chains

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China’s centrally administered State-owned enterprises have made notable progress in building green supply chains, as shown by the widespread adoption of measures to enhance green and low-carbon design, according to a report released Wednesday. Unveiled at this year’s United Nations climate change conference in Belem, Brazil, the report said central SOEs have increasingly improved their…

World Computing Conference kicks off in Changsha

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The 2025 World Computing Conference is held in Changsha, Hunan province, on Nov 20-21. [Photo provided to chinadaily.com.cn] The 2025 World Computing Conference opened in Changsha, Hunan province, on Thursday. Under the theme “Calculating the World to Create a New Era – Intelligent Computing Drives Quality Productive Forces”, the two-day conference, hosted by the Hunan provincial…

Lianlian DigiTech establishes overseas HQ in Hong Kong SAR

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[Photo provided to chinadaily.com.cn] Lianlian DigiTech, a Hangzhou-based digital payment solutions provider, announced the establishment of its overseas business headquarters in Hong Kong earlier this week, during which officials and senior executives emphasized the city’s strategic role as a global gateway and its forward-looking vision for shaping a digital future. Zhang Zhengyu, chairman of the…

Economy seen on steady track

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Domestic and international financial institutions have voiced confidence in China’s economy, believing it will see a steady recovery over the coming years as policy support and industrial upgrading drive resilient growth. Their remarks followed the country’s release of recommendations for the 15th Five-Year Plan (2026-30) last month, which outlined its development blueprint over the next…

StanChart: Investors confident about stocks, RMB

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Despite geopolitical headwinds, international investors are confident about the improved valuations of Chinese stocks and further internationalization of the renminbi amid the country’s continued economic growth, said Bill Winters, group chief executive of multinational bank Standard Chartered. International investors have realized that some of the technologies developed in China are “extremely competitive in any global…

AI glasses market set for explosive 158% growth

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The artificial intelligence-powered glasses market is on track to experience strong growth, with shipments expected to increase by 158 percent year-on-year, reaching 5.1 million units globally this year, according to market research company Omdia. China is set to become the second-largest market for AI glasses after the United States, with shipments projected to reach 1.2…

Global biz leaders praise Jiangsu’s robust development environment

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On Tuesday, top executives from several multinational companies convened in Wuxi, Jiangsu province, to commend the region’s robust development environment, express a strong commitment to deepening partnerships, and explore strategies for enhancing the resilience of industrial chains in the face of global economic uncertainties. The event drew approximately 700 attendees from both home and abroad,…

Financial health underlined for inclusive finance development

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China is placing greater emphasis on financial health as the next stage of its inclusive finance agenda, shifting the focus from simply broadening access to improving the quality, depth and durability of financial services for households and small businesses. This shift was highlighted with the release of an inclusive finance white paper jointly launched on…