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China gets most orders for green ships

Vessels under construction at a shipyard in Rongcheng, East China’s Shandong province. LI XINJUN/FOR CHINA DAILY China captured over 70 percent of global orders for green vessels and achieved full coverage across all mainstream ship types during the first three quarters of 2024, according to statistics released by the Ministry of Industry and Information Technology on…

China boosts development of low-altitude economy

Li Jie, right, teacher of Shandong University of Aeronautics, introduces the principles of drones to students at a laboratory in Binzhou, East China’s Shandong province, Oct 9, 2024. [Photo/Xinhua] China boosts development of low-altitude economy to promote high-quality economic development in different parts of the country. Leveraging the layout of several industrial parks, Binzhou city…

Posters: China’s achievements in elderly care services

Editor’s note: Oct 11 marks this year’s Double Ninth Festival, a traditional Chinese occasion honoring senior citizens on the ninth day of the ninth month in the lunar calendar. Official figures show China has nearly 300 million citizens aged 60 or above. Faced with population aging, the country is bolstering its commitment to providing better…

‘Golden Week’ for sports lovers in China

Spectators watch the 2024 World Table Tennis China Smash in Beijing on Oct 3. ZHANG CHENLIN/XINHUA BEIJING — While the Forbidden City and Great Wall remain Beijing’s iconic attractions, the capital’s National Tennis Center and Shougang Park emerged as new hotspots for sports fans during China’s weeklong National Day holiday, also known as “Golden Week”, which…

New professions emerge amid Northwest China’s desert travel boom

A cup of meteor shower coffee crafted by barista Li Qian at a hotel in Zhongwei, Ningxia Hui autonomous region. [Photo/Xinhua] YINCHUAN — Sleeping in hotels under starry skies and sipping piping hot coffee have become tourism trends in the desert of Northwest China’s Ningxia Hui autonomous region, contributing to a growing number of travelers…

Growth target within reach on policy effort

An employee works on a heavy machinery production line in Luoyang, Henan province, on Tuesday. [ZHANG YIXI/FOR CHINA DAILY] With a potent set of new policies being implemented on various fronts, China is on course to achieve its full-year economic growth target of around 5 percent, signaling the resilience of the country’s economy despite challenges…

Renminbi on track for stability against USD

The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation, said a leading currency expert. After the Fed’s rate cut and China’s stimulus package fueled a rally in renminbi-denominated assets, with the offshore renminbi strengthening past…

New monetary tool to support capital market

China’s first capital market-targeted monetary tool officially launched on Thursday. Together with the recently introduced economic stimulus policies and more of the kind in the pipeline, such moves will help to further improve market liquidity while boosting investors’ confidence, which is conducive to the market stabilization in the long run, said experts. Their comments were…

Hongqi gifted to China’s athletes for Olympic success

Liu Changqing, assistant to the general manager of FAW Group and vice-president of the Hongqi brand operations committee, and gymnast Liu Yang. [Photo provided to chinadaily.com.cn] Chinese vehicle brand Hongqi delivered EH7 Glory Edition sedans to Olympic athlete representatives on Wednesday in Beijing, showcasing national pride shared by the brand and athletes. Chinese gold medalists…

Meeting held to promote global cross-border e-commerce

Livestreaming hosts promote sales at the 2023 China International Fair for Trade in Services in Beijing. [WANG JING/CHINA DAILY] GUANGZHOU – About 1,500 guests shared their views on fostering global cross-border e-commerce at the Global Cross-border E-commerce Annual Meeting (Zhuhai-Hengqin) 2024 on Tuesday in Zhuhai, South China’s Guangdong province. “As an innovator in trade models,…