Skip to content

News

eVTOL sector hits new highs

A model of the VE25-100 displayed at Volant Aerotech in Shanghai on Aug 26. [Photo provided to China Daily] Volant Aerotech, a Shanghai-based electric air taxi maker, signed a confirmed order on Tuesday with ABC Financial Leasing Co Ltd, a wholly owned subsidiary of Agricultural Bank of China, for 10 units of its electric vertical…

Jin Jiang Hotels expanding presence in SEA markets

A view of the Metropolo Jinjiang Hotel in Luang Prabang, Laos. CHINA DAILY Riding the wave of travel to and within Southeast Asia, Shanghai Jin Jiang International Hotels Co Ltd is extending its footprint around the world. Currently, the scale of Jin Jiang’s hotel portfolio tops Asia and ranks second in the world. By the end…

Targeted measures shore up job market

Job seekers attend a job fair held in Haikou, South China’s Hainan province, on July 26, 2025. [Photo/VCG] BEIJING — China is reinforcing its job market with a mix of targeted policies and robust financial support, underscoring the country’s efforts to promote high-quality and sufficient employment. The country has created more than 12 million new…

Top 10 Chinese CEOs by Forbes China

Lei Jun, CEO of China’s smartphone maker Xiaomi, topped the annual ranking of the mainland’s best CEOs published by Forbes on Thursday. Hu Yangzhong of Hikivison, the world’s largest surveillance products maker, and Wang Chuanfu from EV company BYD ranked second and third, respectively. The average age of the 50 CEOs is 54, and five…

Air quality improves as clean heating advances across northern China

China’s National Energy Administration (NEA) has revealed that the rate of clean heating in northern regions had reached 83 percent by the end of last year, leading to a marked improvement in air quality. The NEA stated it will continue to work with relevant departments to encourage local governments to explore new clean heating models…

PV industry gets ready for next phase

China is moving to further regulate competition within its solar photovoltaic (PV) industry, aiming to accelerate the photovoltaic sector’s shift to value-driven growth while fostering a healthier and more sustainable development path for the sector. In a sign of growing concern over cutthroat pricing and overcapacity, six government bodies, including the Ministry of Industry and…

Big names roll out benefits measures for delivery employees

On April 22, 2025, in Nanjing, Jiangsu province, delivery drivers placed food in front of smart food lockers. XINHUA Chinese technology heavyweight Alibaba Group and financial tech company Ant Group announced on Monday the launch of a plan aimed at providing better benefits guarantees and stimulus measures for delivery riders, as part of a broad…

Shanghai building intl e-sports hub

A view of Tencent Games’ booth at ChinaJoy expo in Shanghai on Aug 2. [Photo provided to CHINA DAILY] Shanghai is advancing efforts to build itself into an international e-sports hub by introducing top-tier world-class tournaments and more supportive policies. Global video game developer Riot Games will hold the 2026 global championships for its signature…