A Chinese high-speed train driver (center) instructs his Indonesian counterpart (right) inside the driving cabin of a high-speed train in Bandung, Indonesia, in September. [Photo/Xinhua] JAKARTA — Indonesia on Oct 17 held a grand celebration on the anniversary of the Jakarta-Bandung High-Speed Railway, a landmark project as Southeast Asia’s first high-speed rail. With a speed…
A view of China Merchants Bank’s booth during a recent expo in Beijing. [CHINA DAILY] China’s recent introduction of a forceful policy package, which includes support for local governments to resolve debt risks and efforts to stabilize the real estate market, will help mitigate financial risks in the banking sector and steer the economy toward…
Share – WeChat This photo taken on Oct 31, 2024 shows a model of the Bluewhale I drilling platform at the 2024 China Marine Economy Expo (CMEE) in Shenzhen, South China’s Guangdong province. The 2024 CMEE kicked off in Shenzhen on Thursday, comprehensively showcasing China’s marine economic development, and scientific and technological innovation. [Photo/Xinhua] Tanks…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China’s exchange-traded fund, or ETF, market is undergoing rapid growth with booming product innovation and diversification, and this is a multi-year trend that will present significant opportunities for global ETF managers and service providers, according to New York-based global…
China’s ongoing progress in market openness, product innovation and business model transformation will secure its position as a strategic priority for multinational corporations, creating long-term financial returns, said market watchers and corporate executives on Thursday. According to a report released on Thursday by the China Council for the Promotion of International Trade, about 90 percent…
Employees work on a production line of baseball-related products at a Taiwan-funded company in Longyan, Fujian province. ZHANG BIN/CHINA NEWS SERVICE East China’s Fujian province is moving to deepen financial cooperation with Taiwan province by introducing a string of measures to better facilitate two-way financial activity and make it easier for Taiwan residents and companies to…
China’s self-developed tunnel boring machine with the biggest diameter is rolled off the production line in Changsha, Central China’s Hunan province, Oct 31, 2024. [Photo/Xinhua] China’s largest tunnel boring machine — with a diameter of 16.64 meters — rolled off the production line in Changsha, Hunan province on Thursday. The machine, weighing around 5,000 metric…
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Consumers line up outside Mixue Group’s first outlet in Sydney, Australia, on its soft opening day in February 2023. [Photo/China Daily] Chinese catering brands have actively expanded to overseas markets, according to Hurun China Top 100 Restaurant Brands 2024 released on Oct 25. The future trend of China’s catering industry will show the features of…
An LG Energy Solution Co battery pack for electric vehicle using cell-to-pack technologies displayed at the InterBattery exhibition in Seoul, South Korea, March 6, 2024. [Photo/VCG] LG Energy Solution said on Monday that its operating profit from July to September hit 448.3 billion won ($322.84 million), up 129.5 percent quarter-on-quarter, although it still marked a…