China’s six large, State-owned commercial banks reported year-on-year increases in both operating income and net profit in the first three quarters of this year, reflecting their own growth amid continued efforts to advance the high-quality development of the nation’s economy. Industrial and Commercial Bank of China announced on Thursday that it achieved an operating income…
At a recent seminar hosted by Tsinghua University PBC School of Finance, senior executives from global asset manager, Barings, expressed confidence in the country’s continued pursuit of high-quality development and long-term stability, saying that China’s steady policy direction and growing innovation capabilities are creating new opportunities for global markets. Martin Horne, co-head of global investments…
The next two or three years will be key in bolstering the application of artificial intelligence technology in terminal devices, which will drive upgrades and represent a significant opportunity for both vendors and application developers, experts said. By automating routine tasks and unlocking new efficiencies, AI will have profound economic consequences by reshaping industries, creating…
The Sailors Program, initiated by the One-Way Street Foundation, made its debut at the 2025 Frankfurt Book Fair. On Oct 17, Liu Zichao — one of the first recipients of the program’s grant and now among China’s most prominent nonfiction writers — joined German sinologist Marc Hermann, Austrian translator Leonie Weidel, and Chinese publisher Peng…
Female farmers in Pu’er, Yunnan province receive supply packages from a public welfare event launched by Heytea and the China Foundation for Rural Development in October. [Photo provided to chinadaily.com.cn] In an effort to offer more care for local female farmers, Heytea, a Chinese new-style tea giant, together with the China Foundation for Rural Development, launched…
Weichai Group, headquartered in Weifang and one of the largest subsidiaries of Shandong Heavy Industry Group, has held its 2025 Global Partners’ Conference in Qingdao, East China’s Shandong province. At the event, Weichai showcased its full-range engines, leading R&D and manufacturing, global services, and new energy products. The conference exhibited flagship power system solutions such…
Industrial and Commercial Bank of China announced on Monday that it will temporarily suspend certain functions of its “ruyi gold accumulation” business starting Monday, citing macro policy adjustments and internal risk management requirements. According to the bank’s statement, applications for opening new accounts, initiating accumulation plans, or withdrawing physical gold will be put on hold.…
The 2025 World Internet of Things Exposition commenced in Wuxi, Jiangsu province, on Friday. [Photo provided to chinadaily.com.cn] The 2025 World Internet of Things Exposition (WIOT) commenced in Wuxi, Jiangsu province, on Friday, bringing together experts, scholars, and industry leaders from the global IoT sector to foster industry consensus. The event was presided over by…
A visitor interacts with an intelligent travel robot at an exhibition held in Beijing on Sept 12, 2025. [Photo/Xinhua] New technology designed to empower the health and wellness industries to better care for the elderly and help them lead an easier life, is being showcased at the ongoing 11th Beijing International Aging Industry Expo, which…
China will introduce a series of new measures to upgrade its duty-free shop policies starting Nov 1, 2025, in a bid to boost domestic consumption and attract more foreign visitors, according to a notice released on Thursday. The notice, jointly issued by the Ministry of Finance, Ministry of Commerce, Ministry of Culture and Tourism, General…