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Ski resorts develop cool ideas to promote summer visits

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Skiers seen at an amusement park in Nantong, Jiangsu province, in August. XU PEIQIN/FOR CHINA DAILY When the temperature in many parts of the country exceeded 40 C, tourists at Beidahu Ski Resort in Jilin province were wearing down jackets and screaming with fun on the snow loop slide at minus 5 C. According to the…

Jiangxi Air launches Nanchang-Kuala Lumpur flights

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A Jiangxi Air aircraft receives a water salute upon arrival at Kuala Lumpur International Airport in Malaysia on Aug 25. CHENG YIHENG/XINHUA Direct flights from Kuala Lumpur to Nanchang, East China’s Jiangxi province, are expected into inject fresh impetus to the tourism sectors of both sides, said experts and officials. The comments came after Nanchang recently…

Interests of retail investors key to A shares

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The ongoing rally in China’s A shares has underscored the importance of reform execution, and closing regulatory gaps further to safeguard market fairness and investor interest is vital to sustaining the bull run, said Liu Jipeng, a senior expert on the capital markets. “A slow bull trend has taken shape. The goal should be making…

South Australia-China business ties hailed

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Like many businesses in the nation’s pillar wine sector, Australian winery Kilikanoon faced many challenges in the recent past due to the pandemic, trade restrictions and other headwinds. It was the “enduring partnership” with Chinese wine group Changyu that helped Kilikanoon tide through those tough times, according to the winery’s former managing director Warrick Duthy.…

Chinese stocks fall as tech shares retreat

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The Chinese mainland and Hong Kong equities fell on Tuesday, dragged down by weakness in technology shares. The benchmark Shanghai Composite Index edged down 0.45 percent to 3,858.13 points, while the Shenzhen Component Index dropped 2.14 percent to 12,553.84. The ChiNext Index, which tracks China’s Nasdaq-style board of growth companies, slid 2.85 percent to 2,872.22,…

Covestro celebrates decade of global sustainable leadership

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Covestro board of management members and employees celebrate the company’s 10th anniversary in front of a branded bus at its headquarters in Leverkusen. CHINA DAILY Since stepping out from the German multinational Bayer in 2015, Covestro has grown into a global leader in high-performance polymer materials, widely recognized for its pioneering role in advancing the…

Total market production decreased in June 2025

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Jiangsu Hengrui gets conditional approval for new cancer drug

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The Chinese company Jiangsu Hengrui Pharmaceuticals said in a statement on Monday that it has received conditional approval from the National Medical Products Administration for its new cancer drug, Zeprumetostat. The treatment has been cleared for use by adult patients with relapsed or refractory peripheral T-cell lymphoma who have already received at least one systemic…

ADB names new country director for China

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MANILA — The Asian Development Bank (ADB) announced Tuesday the appointment of Asif Cheema as its new country director for China. Cheema will oversee ADB’s operations in China, including the implementation of the Country Partnership Strategy, which focuses on high-quality and sustainable development. Since joining the ADB in 2014, Cheema has held several senior positions…

Summer holiday consumption injects new vitality into market

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China’s Village Super League soccer tournament and blockbuster films proved to be some of the highlights of the nation’s summer holiday consumption. The country’s railway network dealt with a total of 943 million passenger trips during the 2025 summer rush, up 4.7 percent year-on-year, while the country’s civil aviation sector handled 147 million passenger trips…