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More diversified, vital pension system sought to ensure smoother golden years

An undated photo shows an elderly woman dining at a nursing home in Hangzhou, East China’s Zhejiang province. [Photo by Sun Yidou/For China Daily] With increasing policy support and market innovation, a more diversified and vital pension finance market is being formed in China amid rapid population aging. Pension finance, put forward as one of…

Doing business in China is fast and business-oriented: Executive

“The way of doing business here in China is extremely fast and extremely business-oriented,” said Bernd Schlegl, managing director of FORM segment at Semperit Group. China offers a good business environment for multinational companies to grow, invest and develop. Located in Fengxian district in Shanghai, the company has received huge support. Tanks to chinadaily.com.cn Please…

US’ planned port docking fees on China set to backfire

The United States’ plan to impose port docking fees on Chinese ships will backfire on its own economy and lead to a redistribution of shipping capacity between the two countries, said shipping analysts and a risk assessment report on Thursday. The Office of the US Trade Representative proposed in late February a measure to charge…

Shanghai’s Yangpu launches business development meeting

A meeting on high-quality business development and high-level opening-up in Yangpu took place at the Shanghai People’s City Practice Exhibition Hall on Friday. [Photo by He Qi/chinadaily.com.cn] A meeting on high-quality business development and high-level opening-up in Yangpu district took place at the Shanghai People’s City Practice Exhibition Hall on Friday. Certificates were awarded to…

Quality homes — new vision for China’s property sector amid market adjustment

Potential homebuyers look at a property model in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE BEIJING – For a long period of time, owning a home has been a common aspiration among Chinese citizens who rushed to towns and cities during the country’s urbanization drive. However, this aspiration is increasingly evolving as people are now…

AI robots emerge as hot trend in China’s consumer market

A robotic dog being tested for garbage transport draws the attention of visitors at Taishan Mountain in Tai’an, Shandong province. CHINA DAILY CHONGQING – As dawn broke over Taishan Mountain in East China’s Shandong province, a metallic quadruped robot was navigating the steep “Eighteen Bends,” a 1,460-meter ascent, with a storage box strapped to its…

Global institutions upbeat about China’s sci-tech capital market

Figurines with computers and smartphones are seen in front of the words “Artificial Intelligence AI” in this illustration taken, Feb 19, 2024. [Photo/Agencies] BEIJING – China’s rapid advancements in the artificial intelligence (AI) sector, exemplified by DeepSeek, a cost-competitive newcomer among global AI models, have captured global attention and driven capital inflows into the country’s…

Tarim oilfield hits 150m tons in ultra-deep production

Workers patrol at a station of the Tarim Oilfield in Northwest China’s Xinjiang Uygur autonomous region, Feb 6, 2023. [Photo/Xinhua] China’s largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted a total of 150 million metric tons of oil and gas equivalent from formations deeper than 6,000 meters, its operator China National…

Robotic dogs patrol Beijing E-Town

Robotic dogs attract visitors during a recent event in Beijing E-Town. HE GUANXIN/FOR CHINA DAILY In a park in the Beijing Economic-Technological Development Area in southeastern Beijing, two robotic dogs performing patrol duties have captured the attention of many passersby. These gray and white robotic canines, equipped with multi-spectral cameras and high-precision sensors, represent the latest…

Cross-sea bridge project takes wing

The Dalian Changhai cross-sea bridge project, with a total investment of 7.9 billion yuan ($1.1 billion), was inaugurated recently in Dalian, Liaoning province. It is scheduled to be completed and open to traffic by 2029. This project marks the first cross-sea bridge in Northeast China to be constructed using a new mechanism of cooperation between…