Skip to content

News

Shanghai Stock Exchange issues new guidance on ESG reporting

Shanghai Stock Exchange released on Jan 17 a set of two documents concerning sustainability reporting guidance, aiming to drive listed companies’ high-quality environmental, social, and governance (ESG) reporting. The two documents provide sample disclosures, which will help companies to build a corporate structure and management process facilitating their sustainable growth. Companies will also be guided…

Chinese scientists fuel low-altitude economy with sparkling innovations

BEIJING — For Huang Xun, a professor at Peking University’s College of Engineering, the vision of flying cars filling the sky, as seen in science fiction, may soon become a reality. He likens the shift to the transition from horse-drawn carriages to cars a century ago, noting that human beings are about to enter the…

China’s non-ferrous metal production maintains steady growth in 2024

A technician works on the production line of a machinery company in Luannan county, Hebei province. [Photo/Xinhua] BEIJING — China’s production of non-ferrous metals maintained steady growth in 2024, an industrial association said Tuesday. The value-added industrial output of China’s non-ferrous metal industry rose by 8.9 percent year-on-year in 2024, according to data released by…

McKinsey regional chief says confident in Chinese economy

Employees work at a workshop of an automobile enterprise in Guiyang, Southwest China’s Guizhou province, Dec 11, 2024. [Photo/Xinhua] DAVOS, Switzerland — Measured by market size and growth rate, China is still full of opportunities and worthy of investment by global companies, said Joe Ngai, chairman of McKinsey & Company in Greater China, a worldwide…

Delegation of Chinese entrepreneurs visits Thailand

Ren Hongbin, chairman of the China Council for the Promotion of International Trade, addresses the 2025 Thailand-China Economic and Trade Cooperation Forum and the 3rd China International Supply Chain Expo Thailand Roadshow in Bangkok, Thailand on Jan 21, 2025. [Photo/Xinhua] BANGKOK — A delegation of Chinese entrepreneurs visited Thailand from Saturday to Tuesday to promote…

Flights added for Spring Festival

Flight attendants and passengers are pictured during a themed activity aboard a C919 passenger jet carrying out a flight from Guangzhou to Chengdu, on Jan 14, 2025. [Photo/Xinhua] Domestic carriers have ramped up efforts to launch more flights during the 40-day Spring Festival travel rush to cater to growing demand, with the number of flights…

China’s non-financial ODI up 10.5% in 2024

BEIJING — China’s non-financial outbound direct investment (ODI) rose 10.5 percent year-on-year in 2024, further solidifying its position as a major player in outward investment, data released Tuesday by the Ministry of Commerce shows. Total non-financial ODI of the country amounted to $143.85 billion last year, according to data revealed at a meeting on China’s…

Rich culture inspires Spring Festival goods

A view of a Pop Mart store in Changzhou, Jiangsu province, in January. HE XIAOXIAO/FOR CHINA DAILY As Spring Festival, the most significant annual celebration in the country, approaches, global and local brands have stepped up efforts to deepen emotional connections with Chinese consumers, with innovations and designs symbolizing prosperity and adaptability to not only boost…

China cements its position as the largest producer, consumer of energy

China has solidified its position as the world’s largest producer and consumer of energy, according to a think tank. In 2024, global primary energy consumption grew by 1.9 percent compared to the previous year, with China’s consumption increasing by 4 percent, according to a report released by China National Petroleum Corp Economics and Technology Research…

Deloitte China CEO highlights China’s role in global economic cooperation

DAVOS, Switzerland — China continues to be a steadfast force in advancing multilateral economic and trade cooperation worldwide, said Patrick Tsang, chief executive officer of Deloitte China, emphasizing the country’s significant contributions to global trade, investment, and the green and digital economy. “China has consistently unleashed domestic demand and created opportunities for global goods and…