A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] Banking associations, including those in the city of Shanghai, as well as Guangdong, Zhejiang and Anhui provinces, have launched measures to curb “involution-style” competition, targeting high-interest deposits, mortgage rebates, and auto loan kickbacks, among other practices. Since the beginning…
An employee works on an automated production line of coffee-making machines in Foshan, Guangdong province, on July 24. [Photo/Xinhua] Private companies in Guangdong province have played a significant role in developing foreign trade in the region. According to a statement released by the Guangdong Sub-Administration of the General Administration of Customs of China, foreign trade…
Tourists drawn to homestay experience in Azheke village dine at a restaurant in the Honghe Hani and Yi autonomous prefecture, Yunnan province, in February. [Photo/Xinhua] BEIJING — In a fresh move to spur consumer spending, multiple cities across China have recently rolled out new voucher programs, targeting service sectors like catering, tourism, sporting events and…
Workers install solar panels over a fishery pond for green energy development in Yuyao, Zhejiang province. [Photo/Xinhua] China is ramping up efforts to advance a unified and credible national carbon trading system through top-down design, as part of its broader push toward green and low-carbon development, industry experts said. On Monday, the central authorities unveiled…
Employees assemble aircraft on the first final assembly line for the Airbus A320 series in Tianjin on Aug 1. WEI XIAOHAO/CHINA DAILY Cargo ships carrying large Airbus A320 aircraft components arrived at Tianjin Port earlier this month, before being transported to the European aircraft manufacturer’s final assembly line in Tianjin’s Binhai New Area, where they will…
Erhu player Song Fei performs during the concert on Aug 24 in Beijing.[Photo provided to chinadaily.com.cn] For 32-year-old Li Xiyue, this past summer was destined to be unforgettable. “Seeing the idol I’ve loved for more than 10 years right in front of me, with those familiar melodies filling the air, it felt like my youth had…
Workers wait to unload parts of the A320 series aircraft at Tianjin Port on Aug 10. YAN DONGJIE/CHINA DAILY The COSCO Shipping Sagittarius container ship carrying major components for the Airbus A320 family of aircraft that will be assembled in Tianjin, sailed from Europe and docked at the Tianjin Port Pacific International Container Terminal on Aug…
Merchants visit the “Invest in China” area of the 24th China International Fair for Investment and Trade (CIFIT) in Xiamen, Fujian province, Sept 8, 2024. [Photo/Xinhua] China will steadily expand pilot programs and push ahead opening-up in new sectors, while ensuring foreign-invested businesses receive the same treatment as domestic companies, said senior government officials on…
AskCI Consulting released its ranking on Chinese software companies on Jan 3. As of Dec 29, 2023, 137 listed companies in the software development industry have a total market value of 1.60 trillion yuan ($224.43 billion). Among them, eight exceeded 50 billion yuan, and two exceeded 100 billion yuan. Let’s take a look at the…
A tourist poses while wearing Zanhua in Xunpu village, Quanzhou, Fujian province, on Aug 18. HU MEIDONG/CHINA DAILY From a young age, Bai Lan, 71, has been involved in the traditional practice of Zanhua — the craft of pinning a colorful floral accessory headdress — in Quanzhou, East China’s Fujian province. In 2015, Bai, the inheritor…