An employee works at a smart production facility in Tianjin in June. [Photo/Xinhua] The global digital economy’s rapid growth is providing new development space for Chinese companies to expand overseas, with emerging markets gaining momentum driven by their young population, according to a recent report. Although the size of the digital economy in emerging markets…
Staff members work on a photovoltaic module production line at a company in Ordos, Inner Mongolia autonomous region. [Photo/Xinhua] HEFEI — The list of 2025 China’s Top 500 Manufacturing Enterprises was released Saturday at the World Manufacturing Convention in Hefei, East China’s Anhui province. Jointly issued by the China Enterprise Confederation (CEC) and the China…
Chinese policymakers could put more days off into people’s hands, as the relatively scarce paid vacation days may be out of step with the needs of a consumption-driven economy that Beijing has been pursuing, analysts said. Services consumption — including travel, dining, cultural experiences and sporting events, among others — requires not just disposable income,…
This year’s awardees uphold the high standards set by previous winners, showcasing innovative and sustainable projects across Europe’s organic value chain. Their work demonstrates how… Read More »Winners announced at fourth EU Organic Awards
In 2024, young people in the EU left their parents’ house at an average age of 26.2 years, slightly down from 26.3 years in 2023. Since 2002, this average age has fluctuated mildly between a low of 26.1 years in 2019 and a high of 26.8 years in 2006. The highest average ages for leaving…
China’s A-share market closed mixed on Tuesday, with the ChiNext Index reversing losses to finish higher in late trading. The benchmark Shanghai Composite Index slipped 0.18 percent to 3,821.83, while the Shenzhen Component Index fell 0.29 percent to 13,119.82. In contrast, the ChiNext Index, which tracks growth-oriented companies, rose 0.21 percent to 3,114.55. Shipping and…
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Delegates from renowned Chinese firm Inspur Intelligent Production and Singapore’s KoolLogix Pte Ltd sign a cooperation agreement in Singapore to enhance cooperation in enterprise production intelligence and data center energy conservation. [Photo provided to chinadaily.com.cn] A renowned Chinese intelligent production technology company has partnered with a Singaporean firm to explore enterprise production intelligence and data…
BEIJING – The People’s Bank of China (PBOC), which is the country’s central bank, on Monday conducted 300 billion yuan ($41.2 billion) of 14-day reverse repos, in the first such operation since it adjusted the tool’s bidding rules last week. The operation was carried out through fixed-volume, interest rate tenders with multiple bid prices, the…
Following strong gains so far this year, China’s stock market may continue to outperform US equities when taking a one-year view. That’s according to Timothy Moe, chief Asia-Pacific regional equity strategist and co-head of macro research at Goldman Sachs. “We’re hopeful that will continue,” Moe said in Beijing on Friday. “Simple arithmetic would say that…