The No 3 unit of the Jurong Pumped-Storage Power Plant in Jurong, Jiangsu province, which was connected to the grid for power generation on March 10. SHI JUN/FOR CHINA DAILY China is expected to remain the world’s largest hydropower market through 2030, fueled by significant domestic investment and the expansion of Chinese firms into developing…
BEIJING — The Ministry of Finance on Wednesday said that it will issue 12.5 billion yuan ($1.75 billion) of renminbi-denominated treasury bonds in the Hong Kong Special Administrative Region on Aug 27. Specific issuance arrangements will be announced on the website of the Hong Kong Monetary Authority’s Central Moneymarkets Unit, the ministry said. It will…
The grand opening of Mac Mac restaurant at the CP Center in Beijing on Monday. [Photo provided to chinadaily.com.cn] Mac Mac, a new fast-casual sub-brand… Read More »Lebanese restaurant Mac Mac opens in Beijing
BEIJING — Stepping into a model apartment, a homebuyer surnamed Liu was immediately struck by the bright, open layout. Right at the entrance, a small garden seamlessly flowed into the dining area and kitchen, creating a single airy space bathed in natural light. The park-inspired residential project in Chengdu, in Southwest China’s Sichuan province, features…
Employees work on a production line of Panpan Foods Group in Jinjiang, Fujian province, on Aug 19. HU MEIDONG/CHINA DAILY Panpan Foods Group, a Jinjiang, Fujian province-based snack food maker, has continued to accelerate the pace of its international expansion, especially in markets involved in the Belt and Road Initiative. So far, the company has exported…
BEIJING — China’s trade volume with fellow Shanghai Cooperation Organization (SCO) members reached a record high in the first seven months of this year, data from the General Administration of Customs (GAC) showed on Wednesday. From January to July, China’s total imports and exports with other SCO members reached 2.11 trillion yuan ($295.58 billion), marking…
Employees prepare tea for customers at a store in Huangshan, Anhui province, on July 15. CAO LI/XINHUA With consumers’ pursuit of wellness, variety and refinement, China’s tea beverage brands are exhibiting inspiring trends. According to Coffee and Tea Observation, a market information platform on WeChat, in July, the top 10 tea beverage brands launched 43 products…
This photo taken on Feb. 27, 2024 shows a digital manufacturing plant for children’s garment at Zhili town of Huzhou city, East China’s Zhejiang province. Xu Yu/XINHUA Industrial software developer Aveva will continue to increase investments and strengthen its research and development capacities in China, while expanding cooperation with Chinese partners to grasp the abundant…
Girls relish the sweet taste of chocolate at the “theater”.[Photo provided by He Canling/Xinhua] In the small town of Bergl in Styria, Austria, there’s a… Read More »Austrian chocolate brand sees sweet prospects in Chinese market
The headquarters building of the New Development Bank in the Pudong New District in Shanghai China. XINHUA Despite headwinds and rising complexities in the global market, Shanghai’s Pudong New Area has managed to sustain economic growth thanks to continued efforts to open-up its market and optimize the economic structure, said local officials and company executives.…