A car refueling at a gas station in Guangzhou, on Tuesday. [Photo/VCG] China’s refined oil pricing mechanism is playing a crucial role as a “stabilizer” for the national economy, effectively cushioning the country against the impact of volatile international markets, industry experts said. As geopolitical tensions in the Middle East continue to disrupt global crude…
[PHOTO/CHINA BOUND] Ice begins to melt at Xinhua Lake in Daqing, Heilongjiang province, as migratory birds return with the season, bringing life to the quiet… Read More »Migratory birds at Xinhua Lake, Daqing, Heilongjiang
Daxue Road in Yangpu district in Shanghai is well-known for its chic restaurants and cafes as well as enough outdoor seating, allowing people dining in the open air. [Photo by Gao Erqiang/chinadaily.com.cn] Did you know the energetic, fashionable Daxue Road in Shanghai’s Yangpu district was originally an ordinary commercial road back in 2006? Daxue Road…
Contestants of a 10-km race run through the orchards awash with peach blossoms in full bloom in Yangshan town, Wuxi, Jiangsu province, on March 29.… Read More »Runners race through peach blossoms in full bloom
China’s deepest offshore wind power project began operation on Tuesday after connecting to the grid in Shandong province. [Photo provided to chinadaily.com.cn] China’s deepest offshore wind power project began operation on Tuesday after connecting to the grid, marking a breakthrough in the country’s ability to develop wind farms in complex and deep-sea environments. The project’s…
Contestants of a 10-km race run through the orchards awash with peach blossoms in full bloom in Yangshan town, Wuxi, Jiangsu province, on March 29.… Read More »Runners race through peach blossoms in full bloom
China’s factory-gate prices returned to growth in March, posting their first increase after 41 consecutive months of decline, while consumer inflation remained mild, official data showed on Friday. China’s producer price index, which measures factory-gate prices, turned positive in March, rising 0.5 percent year-on-year after falling 0.9 percent in February, according to the National Bureau…
Residents sit along Maoming North Road, a pedestrian street, dining outdoors in Shanghai on March 28. GAO ERQIANG/CHINA DAILY Daxue Road in Yangpu district is… Read More »An al fresco boost to business
Blooming cherry blossoms attract tourists in Nantong, Jiangsu province during the Qingming Festival holiday. XINHUA As spring arrives in the capital, a sense of fear of missing out on natural beauty grips residents eager to catch fleeting blooming flora. From early March, mountain peach blossoms mark the start of the season, followed by magnolia, crab…
China’s major State-owned commercial banks recently launched new cross-border renminbi solutions, signaling a stronger push to internationalize the currency as global investors and policymakers increasingly look beyond a single-currency-dominated system amid mounting geopolitical uncertainty. Industrial and Commercial Bank of China unveiled its comprehensive cross-border renminbi financial solutions on Friday. The move implements key directives from…