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Concerts lifting cultural tourism

Erhu player Song Fei performs during the concert on Aug 24 in Beijing.[Photo provided to chinadaily.com.cn] For 32-year-old Li Xiyue, this past summer was destined to be unforgettable. “Seeing the idol I’ve loved for more than 10 years right in front of me, with those familiar melodies filling the air, it felt like my youth had…

Efficient sea-rail links: Tianjin Port shows hub role in SCO cooperation

Workers wait to unload parts of the A320 series aircraft at Tianjin Port on Aug 10. YAN DONGJIE/CHINA DAILY The COSCO Shipping Sagittarius container ship carrying major components for the Airbus A320 family of aircraft that will be assembled in Tianjin, sailed from Europe and docked at the Tianjin Port Pacific International Container Terminal on Aug…

CIFIT seen as key to spurring opening-up

Merchants visit the “Invest in China” area of the 24th China International Fair for Investment and Trade (CIFIT) in Xiamen, Fujian province, Sept 8, 2024. [Photo/Xinhua] China will steadily expand pilot programs and push ahead opening-up in new sectors, while ensuring foreign-invested businesses receive the same treatment as domestic companies, said senior government officials on…

Top 10 Chinese listed software companies by market value

AskCI Consulting released its ranking on Chinese software companies on Jan 3. As of Dec 29, 2023, 137 listed companies in the software development industry have a total market value of 1.60 trillion yuan ($224.43 billion). Among them, eight exceeded 50 billion yuan, and two exceeded 100 billion yuan. Let’s take a look at the…

Popularity of Zanhua lifts incomes of local residents in Quanzhou

A tourist poses while wearing Zanhua in Xunpu village, Quanzhou, Fujian province, on Aug 18. HU MEIDONG/CHINA DAILY From a young age, Bai Lan, 71, has been involved in the traditional practice of Zanhua — the craft of pinning a colorful floral accessory headdress — in Quanzhou, East China’s Fujian province. In 2015, Bai, the inheritor…

Chinese benchmark stock index closes higher Monday, hits almost 10-year high

BEIJING – Chinese shares continued their rise on Monday, with the Shanghai Composite Index closing 0.85 percent up at 3,728.03 points, after hitting an intra-day high of 3,745.94 points, its highest level in almost a decade. The Shenzhen Component Index closed 1.73 percent higher at 11,835.57 points. The combined turnover of these two indices reached…

China extends anti-subsidy probe into EU dairy products

BEIJING – China’s Ministry of Commerce said Monday that it will extend the ongoing anti-subsidy investigation into certain dairy products imported from the European Union (EU). Given the complexity of the case, and following relevant regulations, the ministry has decided to extend the probe until Feb 21, 2026, the ministry said in a statement on…

China unveils draft rules to regulate online platform pricing

China’s National Development and Reform Commission, along with two other ministries, unveiled draft rules on Saturday to strengthen the pricing practices of internet platforms, as the country seeks to promote fairer competition and greater transparency in the digital economy. According to a joint announcement from the NDRC, the State Administration for Market Regulation and the…

Innovation key to cultivation of growth drivers

China’s commitment to cultivating new quality productive forces through scientific and technological innovation, as reiterated by President Xi Jinping, will help the country gain a competitive edge in strategic emerging fields and tech frontiers, and contribute to global economic growth, said experts and company executives. Highlighting that fostering new growth drivers has been high on…

Rule of law-based pricing mechanisms crucial

CAI MENG/CHINA DAILY In the operation of a socialist market economy, pricing mechanisms play an important role in optimizing resource allocation and promoting a balance between supply and demand. China’s pricing law is an important law regulating price relations and price behaviors among economic activities in the country. To adapt to new situations and new…