China cut its US Treasury holdings by $25.7 billion in July to $730.7 billion, marking the steepest reduction in nearly two years and pushing its holdings to the lowest since 2009, as the country’s foreign exchange reserve diversification continued, official data showed. Analysts said the reduction was influenced by expectations of US interest rate cuts,…
A special meeting of the World Internet Conference (WIC) working group on the cultural heritage digitalization was held in Xi’an, Northwest China’s Shaanxi province, on Sept 16. Ren Xianliang, secretary-general of the WIC, attended the meeting and delivered a speech. He stressed that in the new era of digital civilization, cultural heritage digitalization has become…
BEIJING — China’s national railways transported approximately 2.68 billion metric tons of goods in the first eight months of 2025, which was up 3.5 percent year-on-year, according to data released by the national railway operator on Tuesday. The China State Railway Group Co Ltd (CSRG) data showed that an average of 184,000 freight cars were…
A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt, Germany, Jan 28, 2016. [Photo/Agencies] Germany-headquartered technology giant Merck has set its sights on becoming the “best partner of choice” in the pharmaceutical industry, leveraging its global commercialization capabilities to support Chinese medical innovation on the world stage, a senior executive said.…
China will improve the regulatory framework for the banking sector in an effort to ensure the stability of the country’s financial system and better safeguard people’s assets, the State Council, China’s Cabinet, said on Friday. The draft revision of the bank supervision and management law was discussed and approved in principle during a State Council…
On the morning of September 16, the Cultural Heritage Digital Preservation Training Program successfully commenced during the Cultural Heritage Digitalization Forum of the 2025 World Internet Conference. This marks the first training initiative launched by the World Internet Conference Digital Academy focusing on cultural exchange and mutual learning. The event attracted over 40 officials and…
Chinese sportswear producers are making a push in Southeast Asia by gaining more momentum through localization. Anta Sports Products Ltd is expected to reach 1,000 stores for its athletic wear products across Southeast Asia within three years, fueled by its multibrand strength, heavy localization and an upscaled supply chain, said Will Wang, vice-president of Anta…
Share – WeChat A woman takes a selfie while visiting the 2025 China International Consumer Electronics Exposition (CICE) in Qingdao, East China’s Shandong province, Sept 19, 2025. Themed “Intelligence Connects All, AI Empowers the Future,” this year’s CICE kicked off here on Friday, showcasing cutting-edge technologies and innovative products. [Photo/Xinhua] Tanks to chinadaily.com.cn Please visit:…
Arla Foods, the world’s largest organic dairy producer, has completed a two-month recycling campaign in China that turned empty baby formula tins into exchanges for meals for wild animals. [Photo provided to chinadaily.com.cn] Arla Foods, the world’s largest organic dairy producer, has completed a two-month recycling campaign in China that turned empty baby formula tins…
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