Lujiazui, Shanghai’s financial center, forms a perfect backdrop to Shanghai’s Bund. [Wang Gang/For China Daily] The growing presence of more international industry leaders serves as a snapshot of Shanghai’s continued efforts to open up its financial market and bring its financial capacity to the next level. A new Memorandum of Understanding signed between the Shanghai…
To highlight Standard Chartered Bank’s role in China’s modernization, the bank opens the “PIXEL HORIZONS 1858-2025：Standard Chartered Global Chinese CONTINUUM” in Shanghai on March 27, showcasing its 167-year history in China. [Photo provided to chinadaily.com.cn] Standard Chartered Bank, a bank with a 167-year history in China, has pioneered an initiative — “Global Chinese Services” —…
The net inflow of foreign investment into Chinese debt securities rose more than fourfold to $46.8 billion in 2024 as the comprehensive return from investments in yuan-denominated bonds kept stable, the State Administration of Foreign Exchange said on Friday. Meanwhile, China attracted new capital for inward equity-based foreign direct investment worth $90.9 billion in 2024,…
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At the Boao Forum for Asia Annual Conference 2025, Hazem Ben-Gacem, CEO of Abu Dhabi-based asset management company BlueFive Capital, expressed his admiration for Chinese tech innovations such as DeepSeek and vowed to increase investments in China. “When people can’t tell if we’re a Middle Eastern or Chinese investment firm, that’s when I’ll know we’ve…
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Hermann Simon, a renowned German economist known as the father of the “Hidden Champions” theory, delivers a speech in Bozhou, East China’s Anhui province, March 25, 2025. [Photo/Xinhua] HEFEI – Rising tariffs from the United States are making it more challenging for German companies to export there, increasing the need for strengthening trade ties between…
Guangdong province launched its first semi-solid-state energy storage battery production line on Friday. Guangdong Energy Group, the initiator, stated that it is also the world’s first mass production line for large-capacity 314 ampere-hour semi-solid-state battery products. The latest battery is designed to significantly raise the thermal runaway initiation temperature, providing a comprehensive upgrade in safety…
Guo Wei (second right), chairman of Digital China, and other panelists attend a seminar on global vision and enterprise innovation in the artificial intelligence era held at the University of Cambridge, United Kingdom, on March 13. CHINA DAILY China’s progress in artificial intelligence has jolted the tech world, with the meteoric rise of Chinese AI large…