Beijing plans to host the World Humanoid Robot Games this year, said Yin Yong during the third session of the 16th Beijing Municipal People’s Congress on Tuesday. Yin, Beijing’s mayor, highlighted that the city will foster future industries in 2025, such as humanoid robots, commercial space, biomanufacturing and new materials in the government work report.…
Beijing’s commercial property investment market saw a recovery last year, mainly driven by office, retail and logistic sectors, industry reports showed. The capital recorded a total of 42.7 billion yuan ($5.85 billion) in the investment transactions for 2024, a slight increase compared to the previous year, according to a report by JLL, an international real…
Alipay announces the annual virtual fortune card collection campaign on Jan 15 in Shanghai. [Photo provided to chinadaily.com.cn] Alipay, a major online-payment platform in China, is expanding its signature annual virtual fortune card collection campaign to celebrate the upcoming Chinese New Year, featuring 29 sets of cards themed on notable brands, figures and IPs from across…
Supportive government policies will continue to spur domestic demand including investment to facilitate a smooth and steady path of economic recovery, an expert said on Wednesday. “Government investment has a guiding and driving effect on private capital and facilitates the entry of private capital into the market, which helps to improve overall investment efficiency,” said…
Goethe-Institut marks three decades since it set up operations in China with a 30-hour event The Goethe-Institut is celebrating its 30th anniversary in China this year. And one of the highlights was a 30-hour celebration, with concerts, performances, art installations, film screenings, lectures and events for children in November at its base in Beijing’s 798…
Leapmotor is the second Chinese new energy vehicle startup to achieve profitability. [Photo provided to chinadaily.com.cn] Leapmotor has announced that it achieved a positive net profit for the fourth quarter of 2024, becoming the second Chinese NEV startup to become profitable after Li Auto. In the fourth quarter of 2024, Leapmotor’s average monthly deliveries exceeded…
A view of a property project under construction in Yantai, Shandong province, May 12, 2024. [Photo/VCG] BEIJING – Loans approved for China’s “white list” real estate projects have exceeded 5 trillion yuan ($695.5 billion), according to the National Financial Regulatory Administration (NFRA) on Sunday. The risks of China’s small and medium-sized financial institutions have been…
The 1.3 million kW photovoltaic facility located at the Tarim oilfield in Northwest China. [Photo/Xinhua] China National Petroleum Corporation (CNPC) has marked a major step in its green transition with the successful commissioning of its largest-ever solar project at the Tarim oilfield in the Xinjiang Uygur autonomous region, the company said on Wednesday. The 1.3…
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A large-scale exhibition celebrates the life and art of classic painter Dong Qichang The works of one of the most important figures in Chinese art history, Dong Qichang (1555-1636), are being presented in a large-scale exhibition at the Shanghai Museum. The Ferryman of the Ink World: Dong Qichang’s Calligraphy and Painting Art consists of 154…