The first dedicated air cargo route linking Urumqi, a key aviation hub in China’s Xinjiang Uygur autonomous region, with Zurich, the largest city in Switzerland and a major international financial center, officially commenced operations earlier this month. The route is scheduled to be operated with one return flight per week, with a technical stop in…
Swedish industrial giant Atlas Copco Group marked a milestone in its 152-year history with the grand opening of its new China headquarters for compressor technologies in Wuxi, Jiangsu province, on Wednesday. The campus, representing a 3 billion yuan ($416 million) investment, the division’s largest since 1997, underscores the company’s deepening commitment to innovation and sustainability…
On May 15, the 2025 Shandong Premium Export Products Shopping Season was launched in Jinan, the capital of East China’s Shandong province, unveiling a curated selection of world-class goods for the domestic market. The initiative heralds a province-wide movement to bring internationally acclaimed Shandong products to local consumers, celebrating the region’s industrial excellence and manufacturing…
A Xiaomi’s logo is seen at one of its stores in Shanghai, on May 11. [Photo/VCG] Xiaomi Corp said it will unveil new self-designed system-on chips, or SoCs, for smartphones later this month, as the Chinese tech company accelerates its ambitions to grow its semiconductor prowess. Lei Jun, CEO and chairman of Xiaomi, said in…
Wool products designed for sports and outdoor activities are poised for significant growth in the Chinese market, driven by increasing wool adoption among brands in these sectors, said Jeff Ma, executive vice-president of Woolmark Greater China. Ma highlighted that the demand trend for wool products in China is becoming more diversified and high-end. As consumers…
A worker is busy at a construction site of a residential complex under an urban renewal project in Shanghai in March 2024. FANG ZHE/XINHUA SHANGHAI — China’s property market is showing renewed signs of recovery, with both new home sales and secondhand transactions increasing, fueled in part by rising demand for high-quality housing spurred by…
PARIS — Chinese Vice-Premier He Lifeng said here on Thursday that China is willing to work with France to strengthen coordination on multilateral international affairs, and safeguard an open and cooperative international economic and trade environment. He, the Chinese lead person of the China-France High Level Economic and Financial Dialogue, made the remarks while co-chairing…
In an exclusive interview with China Perspectives, Justin Yifu Lin, former chief economist of the World Bank, likened China’s economy to an aircraft carrier, saying that no matter how fierce or turbulent the storms or waves are, it will continue to forge ahead as long as it focuses on managing its own affairs well. Tanks to chinadaily.com.cn Please visit: Our Sponsor
The booth of China Unicom shows innovative achievements of Internet 2030 in Beijing in September. CHINA DAILY Imagine piloting a drone through mist-clad mountain valleys, skyscrapers and bustling urban corridors at breathtaking speeds, all from a control station. Now envision that same drone transforming into an airborne lifesaver, delivering critical blood supplies across a metropolis in…
A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] A 0.5 percentage-point reduction in the reserve requirement ratio for eligible financial institutions took effect on Thursday, with the move expected to inject roughly 1 trillion yuan ($139 billion) of long-term liquidity into China’s financial market.…