Automakers showcase models and technologies at the 2024 World New Energy Vehicle Congress in Haikou, Hainan province, from Sept 27-29. CAO YINGYING/CHINA DAILY At the forefront of the low-carbon transition, the new energy vehicle industry has become a global focus and a mainstream force poised for unprecedented growth opportunities, experts said at an industry congress. The…
A visitor experiences a passenger-carrying autonomous aerial vehicle during the 2024 CIFTIS in Beijing on Sept 13. TANG KE/FOR CHINA DAILY BEIJING – China’s services trade saw rapid growth in the first eight months of the year, including a steep increase in the trade of travel-related services, official data showed on Thursday. The country’s services…
The beautified exterior of the 136th session of the China Import and Export Fair in Guangzhou, South China’s Guangdong province on Oct 13, 2024. [Photo/VCG] Guangzhou is gearing up for the 136th session of the China Import and Export Fair, popularly known as the Canton Fair. Over 30,000 enterprises from China and abroad will be…
The world’s first joint deepwater laboratory for wind, waves and currents, under construction in Dalian, Liaoning province, is expected to fill a gap in China’s research and development capabilities in deep-sea engineering, experts said. The laboratory is part of the Deep-Sea Engineering Innovation Experimental Base project, which is a key initiative by Dalian University of…
CAI MENG/CHINA DAILY The Political Bureau of the Communist Party of China Central Committee held a meeting on Sept 26 to study and analyze the current economic situation and make further arrangements for economic work. As the year draws to a close, this meeting may serve as the last comprehensive deployment meeting for economic work…
The skyline of Beijing. [Photo/VCG] China’s economic growth is expected to strengthen on a sequential basis amid the latest stimulus package and with more incremental policies in the pipeline, translating into over 5 percent year-on-year growth in the fourth quarter, analysts and economists said on Sunday. They said a long-awaited policy shift is unfolding for…
Purchasers talk at a booth of tableware at the second phase of the 135th Canton Fair in Guangzhou, South China’s Guangdong province, April 23, 2024. [Photo/Xinhua] After more than 30 years of growth in East China’s Fujian province, Lin Chi-te, chairman of Zhengshi Tableware Co Ltd, wants to build his company into a century-old enterprise…
Newlyweds from across the country attend a group wedding ceremony in Hangzhou, Zhejiang province, on Sunday. [WU HUANG/FOR CHINA DAILY] More young Chinese couples are holding destination weddings and taking wedding trips instead of traditional weddings, and the just concluded National Day holiday saw high popularity of such a trend, industry players found. During the…
Two employees work in a drug research and development laboratory in Dongguan, Guangdong province. [Photo by ZHAN YOUBING/FOR CHINA DAILY] South China’s Guangdong province aims to boost annual revenue from its biopharmaceutical and health sector to over 1 trillion yuan ($141.55 billion) by 2027 from 663.8 billion yuan last year, according to an action plan…
An aerial view of a housing project under construction in Hangzhou, Zhejiang province, in June.[LONG WEI/FOR CHINA DAILY] HANGZHOU – The eastern Chinese city of Hangzhou has announced that it will reduce the minimum down payment ratio for commercial housing mortgages, becoming the country’s latest major city to further relax real estate policies. The capital…