The General Administration of Customs unveiled 15 policy measures on Tuesday to stimulate growth in the New International Land-Sea Trade Corridor, aiming to reduce transportation costs for importers and exporters while promoting the development of inland business hubs. With its operational hub based in Chongqing in Southwest China, this trade corridor connects global ports via…
Editor’s note: The seventh China International Import Expo (CIIE) concluded in Shanghai on Sunday. In its seven-year history since 2018, the CIIE has grown into a symbol of China’s new development approach, a platform for high-level openness and a global public good, marked by rising attendance and expanding turnover each year. Tanks to chinadaily.com.cn Please…
Visitors gather at German technology group Heraeus’ booth during the seventh China International Import Expo in Shanghai. [Photo provided to China Daily] Eyeing an increased level of innovative capacity and openness, German enterprises are beefing up investment in the Chinese market and injecting new momentum into Sino-German cooperation, said company executives during the ongoing China International…
ZHUHAI, Guangdong — China’s independently-developed AS700 civil manned airship has secured 10 more purchase orders, ready for commercial operations, according to its developer – the Aviation Industry Corporation of China (AVIC) on Tuesday. The total number of booked orders for AS700 has reached 23, said the aircraft maker at the 15th China International Aviation and…
The World Internet of Things Exposition 2024 commenced in Wuxi, Jiangsu province, on Nov 11, bringing together global IoT industry elites to explore the sector’s cutting-edge technologies, applications, and future trends. François Coallier, chairman of the International IoT and Digital Twin Standard Committee, emphasized at the opening ceremony that IoT signifies not only a technological…
In the prefecture-level city of Heze in East China’s Shandong province, an automatic brick unloading and packing machine heading for Kyrgyzstan is ready for shipment at Shandong Juxiang Machinery Co Ltd. The company, located in Juye county, has received more than 20 orders from Kyrgyzstan for such automatic packing machines, which is the first domestically-produced…
Visitors gather at the Ingersoll Rand Inc booth during the seventh China International Import Expo in Shanghai in early November, 2024. [Photo provided to chinadaily.com.cn] Ingersoll Rand Inc, the United States-based industrial product manufacturer and a seven-time participant at the China International Import Expo, will continue to deliver solutions to meet the evolving needs of…
BEIJING — Chinese Vice-Premier Zhang Guoqing on Tuesday emphasized the need to deepen the reform of state-owned capital and enterprises, enhance the efficiency of supervision over state-owned capital, and promote the high-quality development of state-owned enterprises (SOEs). Zhang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the…
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING – China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and high-quality development, according to Pan Gongsheng, governor of the People’s Bank of China, the central bank.…
With the increasing number of Chinese businesses rushing to adopt new equipment to further reduce carbon emission and boost productivity, Swiss technology company ABB Ltd will focus on developing more customized solutions for local clients, with plans to extend these effective innovations to other parts of the world, according to its senior executives. Speaking at…