A high-speed train of the Beijing-Tangshan Intercity Railway crosses a bridge in Tangshan, Hebei province. [Photo by Liu Quanguo/For chinadaily.com.cn] The relocation of non-capital functions from Beijing to neighboring Xiong’an New Area in Hebei province has steadily advanced with a series of landmark projects taking shape. In the latest move, Jingjinji (Beijing-Tianjin-Hebei) Intercity Railway Investment,…
The 11th annual World Free Zones Organization World Congress commences on Oct 10 in Haikou, Hainan province. [Photo provided to chinadaily.com.cn] The World Free Zones Organization’s 11th annual World Congress opened Friday in Haikou, Hainan province, bringing together global leaders and stakeholders in trade and investment. The three-day event aims to explore the role of…
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A cargo ship seen loading in Qingdao Port, Shandong province. YU FANGPING/FOR CHINA DAILY China’s solid economic fundamentals and innovation-driven momentum — together with its huge market and complete industrial system — will continue to support stable and resilient foreign trade growth in the next phase, said a senior government official on Monday. Despite mounting global…
The China UnionPay logo is displayed at its booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, on Sept 10, 2025. [Photo/Xinhua] The transaction volume for China UnionPay’s departure tax refund service jumped 1,150 percent year-on-year during China’s National Day holiday this year, the country’s largest payment network said. The surge…
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Potential homebuyers look at a property model in Hohhot, Inner Mongolia autonomous region, on Oct 1, 2025. [Photo/VCG] China has now ensured that construction is complete on 7.5 million previously sold but unfinished homes across the country, safeguarding the legitimate rights and interests of a vast number of homebuyers, the Ministry of Housing and Urban-Rural…
China’s National Day and Mid-Autumn Festival holiday has set new records. With 2.43 billion cross-regional trips, the travel boom fueled a powerful consumption surge. From bustling pedestrian streets to booming online sales of organic food and 1.84 billion yuan ($257 million) proceeds at the box office, the energy was incredible. Ma Mengmeng and Song Yi…
Wahaha bottled water on display at an exhibition in Shanghai, Oct 28, 2024. [Photo/IC] China’s leading beverage producer, Wahaha Group, confirmed on Oct 10 that Zong Fuli resigned on Sept 12 from her positions as the company’s legal representative, director, and chairwoman. The group said the relevant resolutions were approved by both its shareholders and…
An employee (left) talks about an under-construction real estate project to a visitor in Chongqing on Sept 16. SUN KAIFANG/FOR CHINA DAILY BEIJING — China’s housing conditions have been significantly improved during the 14th Five-Year Plan period (2021-25), with cumulative sales of new commercial residential buildings reaching approximately 5 billion square meters of floor space,…