On June 19, people visited the outdoor exhibition hall of the 6th Qingdao Multinationals Summit. XINGHUA XINHUA — Robotic arms hum while workers move with precision through Taiho Kogyo Corp’s workshop in Yantai, East China’s Shandong province, as engine and compressor bearings roll off the production line, not only for automakers like Toyota and Volkswagen,…
Workers inspect hydrogen storage equipment at a bus parking lot in Ordos, Inner Mongolia autonomous region, in October 2021. WANG ZHENG/FOR CHINA DAILY China has emerged as a global leader in renewable energy-based hydrogen production, boasting over 50 percent of the world’s installed capacity, driven by ambitious government policies and technological advancements, officials and experts…
Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s monetary conditions are likely to remain reasonably accommodative in the coming months, continuing to support credit expansion while contributing to steadier capital market expectations, analysts said on Monday. They said that the focus of the People’s Bank of…
China’s A-share market surged to a fresh milestone on Monday, with total market capitalization exceeding 100 trillion yuan ($14 trillion), buoyed by robust trading activity, improving investor sentiment and sustained capital inflows. Analysts said that the rally may extend further amid accelerating reform measures by policymakers to improve returns to investors, the country’s accelerated economic…
Swiss watch brand Swatch Group has apologized following backlash in China over an advertisement featuring a model making a “slanted eyes” gesture, widely recognized as a racist slur against people of Asian descent. The company said in a statement on Saturday that it treated the matter with the utmost importance and has immediately removed all…
BEIJING — Zou Lan, deputy governor of the People’s Bank of China (PBOC), the central bank, highlighted the important role of movable property financing in an article made public on Monday. Movable property financing, as an important financing method, is gradually becoming a crucial tool for enterprises, especially micro, small and medium-sized enterprises, to address…
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The audience walk past film posters at a cinema in Nanjing, East China’s Jiangsu province, Aug 17, 2025. [Photo/Xinhua] BEIJING — China’s summer box office revenue has surpassed 10 billion yuan (about $1.4 billion) as of Monday, with homegrown titles dominating the season’s top earners. According to ticketing platforms Maoyan and Beacon, domestic films currently…
Shanghai Hutchison Pharmaceuticals holds a ceremony at its research and production base on Friday, marking the departure of the company’s first batch of Zhengqi Tablets export to Canada. [Photo provided to chinadaily.com.cn] Shanghai Hutchison Pharmaceuticals announced on Monday that the shipment of the first batch of Zhengqi Tablets exported to Canada is scheduled to depart…
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