Tourists visit Xuexiang village in Mudanjiang city, Northeast China’s Heilongjiang province, Jan 24, 2024. [Photo/VCG] BEIJING – China has unveiled an ambitious plan to grow its ice and snow economy, targeting winter sports, tourism, and equipment manufacturing as key drivers of economic growth, with a projected value of 1.5 trillion yuan (approximately $211 billion) by 2030.…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] BEIJING – China will steadily promote institutional opening-up of the financial service sector and the financial market, and expand connectivity between domestic and overseas financial markets, according to the central bank. China will continue to implement a supportive…
People traveling south for warmer weather hold a concert in Sanya, Hainan province, in October 2023. CHINA DAILY Dropping temperatures in a large part of North China have led to more people traveling south for warmer weather. Besides seniors, more young consumers have also opted to travel south during the off-peak season and are visiting more…
Chinese tourists visit the Grand Palace in Bangkok, Thailand, in October. XINHUA Young travelers from China are showing an ever-growing enthusiasm for visiting Southeast Asian countries in a more spontaneous travel style and without extensive planning, industry players found. Singapore, Malaysia and Thailand have become popular overseas destinations for Chinese visitors, fueled by their visa-free entry…
After being effectively implemented during construction of the main stadium for the FIFA World Cup Qatar 2022, China’s cutting-edge water-saving technology is expected to witness wider applications in Qatar and related Central Asian countries. As a crucial advancement in Ningxia Hui autonomous region’s efforts to enhance irrigation efficiency, the smart wind-solar complementary water-saving irrigation technology…
Workers enhance the fragrance of tea by hand. [Photo by Liu Boqian/For chinadaily.com.cn] Meitan, Guizhou province, is stepping up efforts to create an environmentally sustainable tea industry through judicial action and public outreach. In late autumn, some 300,000 local tea farmers have begun harvesting the season’s final crop. Authorities have prioritized eco-friendly farming practices, which…
A group of humanoid robots are on display at the entrance of an exhibition of the three-day World Artificial Intelligence Conference (WAIC) 2024 in Shanghai, July 4, 2024. [Photo/Xinhua] The revenue of 54 A-share listed companies in the humanoid robot industry reached 246.71 billion yuan ($34.59 billion) in the first nine months of 2024, up…
China’s foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan ($5.02 trillion) in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. China’s…
Car models integrated with DeepRoute IO set to launch this year. Photo provided to chinadaily.com.cn Chinese autonomous driving startup DeepRoute.ai announced on Tuesday that it has completed a strategic series C1 funding round, raising $100 million from leading Chinese automotive original equipment manufacturers or OEMs. The funding will enhance the research and development in end-to-end…
China’s consumer prices increased mildly in October, while the decline in factory-gate prices widened, official data showed on Saturday. Dong Lijuan, a statistician at the National Bureau of Statistics, attributed the year-on-year CPI growth to a stable operation of the consumer market, while the PPI declined due to factors including falling international commodity prices. Meanwhile,…