A China Post courier arranges packages at a community in Lhasa, Xizang autonomous region. [PALDEN NYIMA/CHINA DAILY] BEIJING – China Post ranked first among global postal operators by both revenue and profits in the 2024 Fortune Global 500 list, according to company sources on Wednesday. Liu Aili, chairman of China Post Group Corporation Limited, said…
A prospective homebuyer looks at a property model during an expo in Shenzhen, Guangdong province. [CHINA DAILY] Encouraged by policy stimulations, the real estate market in Shenzhen, Guangdong province, showed positive signals during the weeklong National Day holiday. From Oct 1 to 7, a total of 1,841 new homes in the city were subscribed, marking…
Shoppers look at sportswear made by Anta Group at a department store in Beijing. A variety of test laboratories have been set up in the company to test the performance of its clothing and footwear products. JIANG DONG/CHINA DAILY Jinjiang, a county-level city in Fujian province, is home to some of the country’s most renowned…
A view of a property project under construction in Fuzhou, Fujian province. ZHANG BIN/CHINA NEWS SERVICE Optimization measures rolled out by China’s central government as well as major cities, along with large-scale promotional activities by real estate developers, have led to a better-than-expected housing market performance during the weeklong National Day holiday, industry experts said…
BRUSSELS – The European Union’s (EU) punitive tariffs on Chinese battery electric vehicles (EVs) are a mistake, which will do more harm than good, the Brussels-based economic think tank Bruegel said on Wednesday. The European Commission announced Friday that it passed a vote to impose punitive tariffs on Chinese EVs, sparking criticism from several European…
A worker is pictured at the production line of a textile company in Jimo district of Qingdao city, East China’s Shandong province, Oct 7, 2024. [Photo/Xinhua] China will likely hit this year’s annual growth target of around 5 percent with a projected pickup in fourth-quarter GDP growth, given the recently unveiled, bolder than expected stimulus…
Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, speaks at a signing ceremony of a document on amending the service trade agreement under the Closer Economic Partnership Arrangement (CEPA) in Hong Kong, Oct 9, 2024. [Photo/Xinhua] BEIJING – The Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) have…
China-made products on display during a recent expo in Los Angeles. ZENG HUI/XINHUA Stable China-United States business ties would contribute to the security and stability of global industrial supply chains, fostering a favorable policy environment for collaboration between companies from both sides, said market watchers and business executives on Wednesday. China’s Ministry of Commerce said…
BEIJING – China’s central bank announced Thursday that it has decided to set up Securities, Funds and Insurance companies Swap Facility (SFISF), with the initial scale of 500 billion yuan ($71 billion) for “the healthy and stable development of the capital market”. Tanks to chinadaily.com.cn Please visit: Our Sponsor
A vessel is docked at a container terminal in Duisburg, North Rhine-Westphalia, Germany, in October last year. The city is a key hub for trade between China and Europe. [Photo/Agencies] China’s anti-dumping measures on imported brandy from the European Union are fully compliant with the World Trade Organization’s rules, the Ministry of Commerce said on…