Foreign investors’ renewed interest in the Chinese market is likely to surge this year, driven by intensified policy efforts to revive domestic consumption and an innovation boom rippling through the economy, executives and analysts said. Anticipating swift implementation of the recently announced monetary and fiscal stimulus measures, they said that additional policy support may be…
High-rise buildings dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang / chinadaily.com.cn] The nation’s first cross-business-region green power transaction has been signed with green energy generated in South China supplied to companies in Shanghai, according to the State Grid Shanghai Municipal Electric Power Co. A total of…
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A Qingdao Jiaodong International Airport staff member helps a girl with the boarding process. [Photo provided to chinadaily.com.cn] Qingdao Jiaodong International Airport, the only 4F-level international airport in Shandong province, was recently honored by Airports Council International as one of the best airports in the Asia-Pacific region in the category of 25 to 40 million…
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In the fourth quarter of 2024, the average price of agricultural output that farmers get at the farm gate in the EU increased by 2.2% compared with the same quarter in 2023. This represents the first increase since the second quarter of 2023. By contrast, the average price of goods and services currently consumed in…
The E5 electric model is displayed at the Buick store in a shopping mall in Shanghai on Dec 31, 2024. CHINA DAILY Foreign carmakers are adjusting their operational strategies in China as they seek to prevent losing further ground to local vehicle companies amid intense competition in the world’s largest vehicle market. According to data from…
Workers install car wheels at the assembly workshop of the Seres factory in Shapingba district, Chongqing on March 11, 2024. [Photo/VCG] Auto executives have submitted proposals for advancing healthy development of new energy vehicles, autonomous driving and intelligent connected vehicles during this year’s sessions of the National People’s Congress and the National Committee of the…
CAI MENG/CHINA DAILY Looking back at 2024, Chinese equities delivered strong returns, outperforming most stock markets outside of the United States. However, it certainly didn’t feel that way last year, as Chinese shares were among the most volatile equity markets, exhibiting sharp ebbs and flows. So far this year, China has been one of the…
Workers inspect vehicles at Leapmotor’s plant in Jinhua, Zhejiang province, on Jan 9. JIN SICHENG/FOR CHINA DAILY China’s oldest carmaker FAW has partnered with 10-year-old Leapmotor, marking another significant milestone in the evolving relationship between traditional automotive giants and emerging NEV startups. The partnership focuses on two key areas: joint development of NEV technologies and exploration…