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Global use of yuan to be expanded

China is likely to press ahead with expanding the global use of the yuan in a gradual and prudent manner during the 15th Five-Year Plan period (2026-30), while continuing to foster a sound environment for using and holding the Chinese currency, officials and experts said. As the dollar-centered international monetary system appears increasingly fragile, efforts…

Tim Cook: ‘Behind the Shadows’

Apple CEO Tim Cook lifted the veil of time at the Wang’s Shadow Art Performance Hotel in Beijing. Through leather and light, he connected with a tradition passed down through millennia. Here, ancient craftsmanship meets modern technology — every frame is a dialogue between the past and future. A millennium-old art never grows old; it…

Leading luxury goods group sees signs of recovery in China

A view of The Louis, which was launched in Shanghai earlier this year. CHINA DAILY LVMH Moet Hennessy Louis Vuitton, the world’s largest luxury goods group, has reported revenue of 58.1 billion euros ($67.7 billion) for the first nine months of 2025, up 1 percent year-on-year, buoyed by improving demand in China. The modest uptick offers…

China’s digital finance push reshapes capital markets

China’s accelerating drive of finance digitalization is shifting from technology-driven innovation to deepening institutional reforms, with digital assets expected to redefine the logic of capital market operations, said experts participating at a high-level forum in Beijing on Saturday. The push — highlighted at a parallel session of the 2025 Tongzhou Global Development Forum — reflects…

Seasonally adjusted government deficit at 2.7% of GDP in the euro area

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Techstorm launches Shanghai IPO, championing green innovation with core technologies

Techstorm Advanced Material Corp Ltd, a national high-tech enterprise specializing in the R&D, production, and sales of new materials, made its official debut on the main board of the Shanghai Stock Exchange (SSE) on Oct 17, 2025. Headquartered in the Lingang Special Area of the China (Shanghai) Pilot Free Trade Zone, the company focuses on…

Euro area and EU government deficit at 3.1% of GDP

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Summit to foster deep ties in digital tech

The 2025 World Internet Conference Wuzhen Summit is expected to create an open platform for international exchanges and cooperation in digital technologies, while helping the global community to seize opportunities brought on by a new round of scientific and technological revolution to benefit humanity, the event’s organizer said on Friday. The summit is scheduled to…