A view of Beijing’s CBD area on Aug 19, 2022. [Photo/VCG] NEW YORK – Goldman Sachs on Sunday lifted its forecasts on China’s economic growth for 2024 and 2025 on the grounds of the country’s recent pro-growth measures. China’s gross domestic products (GDP) would expand by 4.9 percent in 2024, up from an earlier forecast…
Visitors look at self-driving vehicles displayed during the 2024 World Intelligent Connected Vehicles Conference in Beijing, Oct 17, 2024. [Photo/Xinhua] The 2024 World Intelligent Connected Vehicles Conference kicked off in Beijing on Thursday, during which a series of activities will be staged to promote the coordinated development of intelligent connected vehicles and related fields. Tanks…
The sixth China-Central and Eastern European Countries Local Leaders’ Meeting which opened on Wednesday in Yantai, Shandong province, brought together more than 300 participants from Central and Eastern European countries. [Photo provided for chinadaily.com.cn] Participants at the 6th China and Central and Eastern European Countries Local Leaders’ Meeting said the China-CEEC cooperation mechanism has promoted…
A view of the Victoria Harbor in Hong Kong. [Photo/IC] The expansion of Hong Kong’s investment-for-residency program to include investments in residential properties, as revealed in the chief executive’s 2024 Policy Address, is expected to breathe new life into the city’s wealth management by drawing wealthy individuals and facilitating capital inflow into luxury homes, experts…
Buyers check out information at a property fair in Chongqing on Oct 9. HE PENGLEI/CHINA NEWS SERVICE TIANJIN — North China’s Tianjin municipality abolished restrictive measures on home buying on Wednesday, marking another major Chinese city to adjust housing purchase policies to stabilize the real estate market. Located near Beijing, Tianjin has a population of more…
A total of 258 foreign-funded companies appeared on the four lists of top 100 foreign-invested enterprises for 2023 covering the categories of sales revenue, imports and exports value, tax contribution and job creation, according to a report published on Tuesday. Companies on the lists accounted for 33 percent of the total sales revenue generated by…
China’s top industry regulator proposed on Thursday to step up building the regulatory system for high-level autonomous driving as well as related data security standards amid accelerated self-driving momentum both at home and abroad. The move comes at a time when the global autonomous driving industry is hitting the top gear. United States electric vehicle…
The opening ceremony of the Tianjin Wudadao Forum on Sunday. [Photo provided to chinadaily.com.cn] Tianjin is committed to enhancing collaborations that will drive the deep integration of finance with industry chains, as well as intensifying efforts to establish a high-level financial innovation zone, Mayor Zhang Gong said during the Tianjin Wudadao Forum on Sunday —…
Container vessels unload cargo at a terminal in Qingdao, Shandong province, in August. [Photo provided to China Daily] China’s foreign trade will maintain its steady growth for the remainder of the year, supported by the strong performance from January to September, government officials and exporters said on Monday. Aside from upgrading their products, broadening sales…
Logo of Bayer Group is pictured outside a plant. [Photo provided to China Daily] Beijing’s crisp autumn air mingled with the earthy scent of freshly tilled soil as I visited Yinhuang Farm in Beijing’s Changping district. Yinhuang is the first Bayer ForwardFarming project in the Asia-Pacific region, and offers customized regenerative agricultural solutions to farmers…