A Linyi-Uzbekistan economic and trade fair was held on May 11 in Tashkent, Uzbekistan, serving as an important exchange platform for trade and enterprise representatives from both sides. During the fair, Linyi in East China’s Shandong province introduced a comprehensive digital service platform of the Linyi Trade City. In addition, several cooperation agreements involving procurement,…
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China’s State-owned energy giant China Petroleum and Chemical Corp, also known as Sinopec, announced on Tuesday a major breakthrough in natural gas exploration. The company announced that a well in the Sichuan Basin in Southwest China tested at a high daily output of 314,500 cubic meters of industrial gas flow, a discovery that will boost…
The logo of Meituan. [Photo/VCG] Chinese on-demand service leader Meituan said on Monday it will invest $1 billion in Brazil over the next five years and launch its food delivery brand Keeta there in the coming months, marking its latest push in going global. Meituan’s announcement came during a China-Brazil business seminar held in Beijing…
A futuristic model of an intelligent connected vehicle is on display at the 8th Digital China Summit in Fuzhou, Fujian province, on April 28. WANG WANGWANG/FOR CHINA DAILY At the 8th Digital China Summit held in Fuzhou, Fujian province, from April 29 to 30, the spotlight shone brightly on China’s accelerating artificial intelligence revolution. A robotic…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s upcoming reduction in the reserve requirement ratio to zero for certain financial institutions has potentially unlocked substantial scope for further monetary easing, with another cut to the RRR likely in the second half of the year, analysts…
A Hunnu Air aircraft lands at Beijing Daxing International Airport on April 30. TAO RAN/FOR CHINA DAILY Eyeing the rapidly growing aviation market in China to further drive its growth, Brazilian aircraft manufacturer Embraer SA said that “In China, for China” stands as its guiding principle and a natural outcome of its 25-year sustained commitment to…
Tourists visit the Puyuan Fashion Resort in Puyuan town of Tongxiang city of Jiaxing, East China’s Zhejiang province, May 12, 2025. [Photo/Xinhua] As external uncertainties continue to escalate, consumption, particularly in the services sector, is poised to assume an increasingly important role in underpinning the Chinese economy this year, analysts said. A high-level meeting convened…
China’s first commercially operated hydrogen-powered locomotive began trial runs on Saturday in Liupanshui, Guizhou province. HUANG SHUJIN/FOR CHINA DAILY China’s first commercially operated hydrogen-powered locomotive began trial runs on Saturday in Liupanshui, Guizhou province, marking a significant milestone in the city’s long-term drive to modernize its coal industry. The locomotive can be fully refueled in about…
Workers of Heytea make beverages in New York on March 8. LIAO PAN/CHINA NEWS SERVICE Chagee Holdings Ltd, a leading Chinese premium tea beverage brand, made its debut on the Nasdaq stock exchange on April 17, signaling the company’s global expansion drive and mirroring the rising presence of Chinese tea drinks overseas. Since its founding in…