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China issues guideline on strengthening financial services for rural revitalization

Rice ears thrive at the modern agriculture demonstration zone at No 856 Company of Beidahuang Group, a large State-owned enterprise in Heilongjiang province. [Photo by Fu Rundian/For chinadaily.com.cn] BEIJING — The People’s Bank of China, China’s central bank, and the Ministry of Agriculture and Rural Affairs has jointly issued a guideline on promoting all-around rural…

State Administration for Market Regulation suspends antitrust investigation against DuPont

The State Administration for Market Regulation announced on Tuesday that it has suspended the antitrust investigation procedures against DuPont China Group Ltd. The administration, China’s top market regulator, on April 4 launched an investigation into DuPont China Group, a subsidiary of the US firm DuPont, for suspected monopolistic practices in violation of China’s Anti-Monopoly Law.…

Qinghai turns wasteland into world’s largest photovoltaic power project

How did Qinghai province transform a near-barren wasteland — once 98.5 percent desertified — into the world’s largest photovoltaic power project, let’s take a look at how the development of the photovoltaic industry in Qinghai is benefiting local herdsmen! Tanks to chinadaily.com.cn Please visit: Our Sponsor

China expands agricultural imports from SCO countries

TIANJIN — China has significantly increased its imports of agricultural products from Shanghai Cooperation Organization member states, according to an SCO meeting on plant quarantine held Wednesday. In 2024, China imported agricultural goods worth $13.66 billion from SCO countries, with an average annual growth rate of 13.3 percent since 2001, the General Administration of Customs…

Foreign companies eye digital, green supply chain

The booth of Aviation Supply Chain at the Advanced Manufacturing Chain area during the third CISCE in Beijing on July 16. JU HUANZONG/XINHUA BEIJING — At Siemens’ booth during the third China International Supply Chain Expo in Beijing, the German conglomerate is exhibiting digital solutions powered by the latest technologies, including artificial intelligence and the…

Low-altitude economy attracts more aero firms

Eyeing China’s booming low-altitude mobility sector, a number of companies unveiled their latest cutting-edge products and solutions at the first International Advanced Air Mobility Expo, which kicked off on Wednesday in Shanghai and will run through Saturday. With participation of nearly 300 exhibitors from around the globe, the event is expected to attract over 50,000…

Diplomats, scholars, corporate leaders seek a more resilient global supply chain

The 15th CCG VIP Luncheon, hosted by the Center for China and Globalization, a leading Beijing-based think tank, offered a platform for dialogue on strengthening industrial cooperation through trade and investment. The forum brought together participants from 22 countries, including top ambassadors, scholars and executives from multinational corporations. The gathering was held just days after…

China’s local SOEs generate 3.7t yuan added value in H1

People pass a construction site of the Beijing Construction Engineering Group in Beijing. [Photo by Sun Chi/chinadaily.com.cn] BEIJING — China’s locally-administrated State-owned enterprises have operated steadily this year despite various challenges, according to the State-owned Assets Supervision and Administration Commission of the State Council, the country’s top state assets regulator. In the first half of…

Herders in Qinghai harvest ecological benefits

Herders in Heimahe town, Hainan Tibetan autonomous prefecture, Qinghai province, have leveraged their proximity to Qinghai Lake to create a win-win scenario for ecological conservation and tourism development.​​ Since its trial operation in July 2023, the scenic spot on the southern shore of the lake has received over 1.4 million visitors, creating 514 local jobs…

BeOne Medicines expands R&D innovation center in Beijing

Global oncology company BeOne Medicines inaugurated its expanded research and development innovation center in Beijing’s Changping district on Tuesday, marking a significant step in strengthening its global research capabilities. Located in the Zhongguancun Life Science Park, the new facility expands the center’s total floor area to 47,674 square meters, accommodating over 1,300 staff members and…