A residential property project under construction in Shanghai. [Photo provided to China Daily] Shanghai on Monday eased homebuying restrictions beyond its Outer Ring Road, a move experts said will bolster the housing market ahead of the traditional peak season. To better meet homebuyers’ essential and diversified housing needs while promoting stable, healthy development of the…
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[Photo/VCG] China’s fiscal policy is moving away from its traditional focus on enterprise and production toward new priorities — addressing household needs, strengthening the social safety net and stimulating consumer demand, said an expert. While the newly introduced childcare subsidy has captured public attention for its direct financial impact, the broader significance of the policy…
A designer paints colors on a porcelain figurine at a workshop in Dehua county, Fujian province, on Aug 20. [Photo by Hu Meidong/China Daily] Porcelain makers in Dehua, a county in Quanzhou, East China’s Fujian province, are busily shipping porcelain crafts and figurines in the shape of pumpkins, cartoon characters and Christmas trees overseas for…
Hamad Sayah Al Mazrouei, undersecretary of the Abu Dhabi Department of Economic Development. Abu Dhabi is stepping up efforts to strengthen its economic partnership with China in areas ranging from artificial intelligence to advanced manufacturing, as the largest emirate in the United Arab Emirates aims to diversify beyond oil and position itself as a global…
From engraved paw prints to farewell ceremonies, a growing number of Chinese pet owners are seeking meaningful ways to say goodbye to their companions. By June, China had more than 8,000 registered enterprises engaged in pet funeral services, with nearly 70 percent of these established within the past three years, according to business data platform…
An aerial drone photo taken on June 16, 2025 shows a logistic drone flying in Wuhan, Central China’s Hubei province. [Photo/Xinhua] Since the beginning of this year, China has continued to optimize its credit structure, further increasing support for sectors such as technology, green development, inclusive finance, elderly care, and the digital economy. A report…
The interior of Quanjude in New York with decorations from the previous French fine dining establishment La Grenouille. [Photo by Bilin Lin/China Daily] After Quanjude’s first… Read More »Famous Peking duck restaurant serves up a tasty treat in New York
Chinese tech heavyweight Baidu Inc is doubling down on artificial intelligence-powered video generation models, as fast-growing AI-generated content is reshaping the landscape of short video, film, animation and advertising industries. Experts said image-to-video generators will improve the quality and efficiency of video generation and significantly reduce the production costs of video, while creating new business…
China will take multipronged steps, including fiscal, tax and financial policies, to unleash greater domestic demand potential, the State Council — the country’s Cabinet — said on Friday. Policymakers should optimize the implementation mechanism of the consumer goods trade-in program to better leverage its role in expanding domestic demand, according to the State Council executive…