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Stock surge lifts investors’ risk appetite

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A large screen in Shanghai displays the stock market index on Aug 26. CHINA DAILY Confidence in China’s A-share market has strengthened, enhancing the capital market’s appeal and drawing quicker inflows from wealth management products, insurance funds and other institutional investors. With bank deposit rates still trending lower — some fixed-term deposits offering barely around 1…

Fortescue bullish on China’s green mining

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Fortescue’s new energy excavator and heavy truck work in coordination during tests at a mining area in the Pilbara region of Australia in August 2024. LI XIAOYU/XINHUA Australian mining giant Fortescue is committed to deepening ties with Chinese institutions, as it appreciates the industrial scale and innovation of the world’s second largest economy and its burgeoning…

SUS Environment helps drive China’s green innovation onto global stage

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SUS Environment’s waste-to-energy project near Beijing adopts eco-friendly equipment and technology. CHINA DAILY SUS Environment, a leading Chinese environmental service provider, has become a key force in advancing the country’s green development while contributing solutions to global sustainability challenges. Solid waste management has emerged as a global issue amid rapid economic growth, while waste incineration has…

Subsidized loans eye stimulating consumption

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A cashier counts RMB notes in a bank in Haian, Jiangsu province. [Photo/Sipa] China’s subsidized personal consumption loan policy came into effect on Monday, with multiple banks racing to roll out the measures as part of the government’s broader push to spur domestic spending. The plan, unveiled on Aug 12, marks the first time the…

A-share trading stays active despite recent market volatility

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A bronze bull stands outside the Shanghai Stock Exchange building in Shanghai. [Photo/VCG] China’s stock market ended mixed on Wednesday, with the benchmark Shanghai Composite Index down 1.16 percent to 3,813.56 points and the Shenzhen Component Index slipping 0.65 percent to 12,472. On the other hand, the ChiNext Index, which tracks growth-oriented companies on China’s…

Huangpu district blazing a trail for Shanghai’s development

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Huangpu district, known as Shanghai’s “heart, window and calling card”, has achieved high-quality development, improved living standards and strengthened governance during the 14th Five-Year Plan period (2021-2025), steadily enhancing urban capacity and competitiveness, according to officials. As of the end of 2024, Huangpu’s GDP had reached 334.4 billion yuan ($46.88 billion), with an average annual…

Telling a cross-cultural story in London through a bowl of fried rice

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Chinese theater practitioner Mary Emma He and her partners pose for a group photo after staging the original play Taste Like Egg Fried Rice in London in August. [Photo provided to chinadaily.com.cn] A Chinese actress recently staged a play in London, collaborating with five partners from Europe, the Americas, Singapore and China. The performance, using…