BEIJING – The Chinese capital has completed the construction of the “Well Town” project, its largest commercial outlet complex. The town is located near the Universal Beijing Resort and is expected to begin operations by late 2025, according to Beijing Urban Construction Group Co Ltd (BUCG) on Wednesday. With total investment exceeding 10 billion yuan…
Venues for the 2025 Shanghai Cooperation Organisation Summit, to be held on Sunday and Monday in Tianjin, will have a 100 percent green electricity supply, State Grid Tianjin Electric Power Company said. The venue operator for the summit recently completed a green electricity transaction with local Tianjin renewable energy companies that will secure one million…
The Shanghai Cooperation Organization (SCO) region is experiencing a significant surge in economic and trade development, unlocking vast potential. In 2024, the region’s trade volume exceeded $510 billion, reflecting a 2.7 percent growth from the previous year. During this period, the China-Europe Railway Express operating within the SCO region completed approximately 19,000 trips, marking a…
ZHENGZHOU — China’s digital publishing industry revenue reached another new high of 1.75 trillion yuan (about $245.9 billion) in 2024, according to an annual report on the industry released on Wednesday. This figure represents an 8.07-percent increase year-on-year, with the digital revenue from books, newspapers and magazines showing steady progress, said the report unveiled in…
A robot poses during the 2024 China International Fair for Trade in Services in Beijing on Sept 12. [Photo/Xinhua] BEIJING — China will intensify policy support for trade in services, which is expected to maintain growth throughout the year, Vice-Commerce Minister Sheng Qiuping said on Wednesday. The ministry will continue to expand the opening-up of…
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A staff member works at Xiaomi’s automobile factory in Beijing, capital of China, June 16, 2025. [Photo/Xinhua] BEIJING — Beijing has unveiled a plan to accelerate the integration of 5G and industrial internet, targeting the construction of at least 20 5G factories by 2027. According to the Beijing 5G+ industrial internet innovation development implementation plan…
This file photo taken on Oct 13, 2022 shows an international freight train about to depart from the Shanghai Cooperation Organization (Lianyungang) International Logistics Park in Lianyungang city, East China’s Jiangsu province. [Photo/Xinhua] BEIJING — China’s trade with other Shanghai Cooperation Organization (SCO) member states stood at around $512.4 billion in 2024, up 2.7 percent…
Anta Sports, a leading sportswear firm. [Photo by Sun Chi/chinadaily.com.cn] FUZHOU — Chinese sportswear brand ANTA Sports reported double-digit revenue growth in the first half of 2025, according to the firm’s latest financial report released on Wednesday. ANTA’s interim results for early 2025 showed that the company is consolidating its market-leading position in China. Its…
BEIJING — China’s State Council has approved a plan to accelerate the opening-up and innovation of the entire biopharmaceutical industrial chain in the Jiangsu pilot free trade zone (FTZ), according to the Ministry of Commerce on Wednesday. To support the integrated innovation of the full value chain in the sector, the guideline calls for prioritizing…