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Global payment firms roll out services to boost convenience, spur tourism

World-leading payment technology companies are joining forces with China’s urban transportation systems to advance payment convenience initiatives, making travel smoother for international visitors while energizing local tourism and consumption. Visa officially launched its Tap to Ride service on the Guangzhou Metro on Sunday, enhancing payment convenience for inbound travelers. Passengers holding Visa contactless chip cards…

China’s move on rare earths aimed at safeguarding the industry

China’s latest move to strengthen export controls on rare earths and related items is designed to safeguard the security and stability of global industrial and supply chains, ensuring compliant trade, not to restrict exports, said analysts on Sunday. China is still the key processor of rare earths and a major supplier of advanced graphite. That…

Global energy think tank praises China’s world-leading role in clean energy, technology

LONDON — China continues to lead the world in renewable energy generation and clean technologies, said several recent reports released by the global energy think tank Ember. China met all of its power demand growth in the first half of 2025 through clean electricity generation, while cutting fossil fuel generation and emissions, according to Ember’s…

L’Oreal chairman details strategy for future growth in China

L’Oreal Chairman Jean-Paul Agon appears for an event at the 7th China International Import Expo. [Photo provided to chinadaily.com.cn] Jean-Paul Agon, chairman of the L’Oreal Group, detailed the company’s deep-rooted strategy in China, emphasizing localized innovation, a commitment to sustainability, and the pivotal role of cultural exchange. He made the remarks during a visit to Shanghai for the 37th International…

Shanghai sets ambitious future industry goals for 2030

Shanghai announces a strategic goal at a press briefing on Saturday to become a globally influential leader in future industries. [Photo by Zhou Wenting/chinadaily.com.cn] Shanghai announced a strategic goal on Saturday to become a globally influential leader in future industries by 2030 through cultivating and expanding a number of future industries and developing several strategic…

Shanghai impresses global biotech, pharma markets with quality growth

A visitor examines pet medicine on display at a fair in Shanghai, on Aug 20, 2025. [Photo/VCG] Shanghai’s burgeoning biotechnology and pharmaceutical sector is making significant strides in global markets, industry leaders noted ahead of the International Biopharma Industry Week Shanghai 2025 being held in the city from Monday to Wednesday. The city’s biopharmaceutical industry,…

Enterprises relocating to Xiong’an New Area take new step

A high-speed train of the Beijing-Tangshan Intercity Railway crosses a bridge in Tangshan, Hebei province. [Photo by Liu Quanguo/For chinadaily.com.cn] The relocation of non-capital functions from Beijing to neighboring Xiong’an New Area in Hebei province has steadily advanced with a series of landmark projects taking shape. In the latest move, Jingjinji (Beijing-Tianjin-Hebei) Intercity Railway Investment,…

Annual World FZO meeting opens in Hainan

The 11th annual World Free Zones Organization World Congress commences on Oct 10 in Haikou, Hainan province. [Photo provided to chinadaily.com.cn] The World Free Zones Organization’s 11th annual World Congress opened Friday in Haikou, Hainan province, bringing together global leaders and stakeholders in trade and investment. The three-day event aims to explore the role of…

Accidents at work claimed 3 298 lives in the EU in 2023

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Innovation, huge mkt buffer uncertainties

A cargo ship seen loading in Qingdao Port, Shandong province. YU FANGPING/FOR CHINA DAILY China’s solid economic fundamentals and innovation-driven momentum — together with its huge market and complete industrial system — will continue to support stable and resilient foreign trade growth in the next phase, said a senior government official on Monday. Despite mounting global…