Pu’er tea in Yunnan has enticing aroma
Yunnan province in Southwest China is one of the country’s top tea producers. The province has the largest tea garden area nationwide, and has seen… Read More »Pu’er tea in Yunnan has enticing aroma
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Nation well-positioned to meet 2025 growth target
Chen Deqiu Underpinned by resilient domestic demand, emerging technological drivers, and a deepening commitment to institutional opening-up, China remains on track to achieving the around 5 percent growth target for this year, a renowned economist said. “Looking ahead to the full year, I believe that China has the confidence and capacity to meet the around…
IWG targets growth in China’s evolving office market
Amid growing demand for flexible office solutions that cater to evolving employee expectations and enhance operational agility, International Workplace Group, a Switzerland-based provider of hybrid working solutions, plans to expand into more lower-tier cities in China with innovative service formats over the next five years, said its senior executives. During his recent visit to China,…
Beijing eyeing situation after US-Vietnam trade deal
China will take countermeasures to safeguard its interests and firmly oppose any attempt to reach a trade deal that harms China’s interests, the Ministry of Commerce said on Thursday. He Yongqian, a spokeswoman for the ministry, made the remarks at a news conference, responding to questions about the trade deal the United States reached with…
ChiNext Index jumps to three-month high
The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, jumped 1.9 percent on Thursday to close at 2,164.09 points, the highest level in more than three months, driven by sectors including consumer electronics, innovative drugs and solid-state batteries. The broader A-share market also ended higher on Thursday, with the benchmark Shanghai Composite Index up…
Yangtze delta rail handles record passenger trips in H1
Employees from State-owned China Railway Construction Corp’s 24th bureau operate a drone to conduct on-site construction checks in Shanghai. CHINA DAILY The Yangtze River Delta railway network reported a record 455 million passenger trips in the first half, with a daily average of 2.51 million travelers — a 4.6 percent year-on-year increase. China Railway Shanghai…
Luckin Coffee brews big plan for US market
Luckin Coffee Inc marked its official entry into the United States with the soft launch of two pickup-only stores in New York City on Monday, signaling the Chinese coffee chain’s global ambitions as it eyes a slice of the world’s largest and most mature coffee market. The two locations — one in Midtown Manhattan and…
How China’s Hefei incubates future industries from frontier science
The Experimental Advanced Superconducting Tokamak (EAST) developed by the Hefei Institutes of Physical Science of CAS in Hefei, Anhui province, Jan 15, 2025. [Photo/Xinhua] HEFEI — Residents of Hefei say the city has two suns — one suspends in the sky and the other lies in an industrial park in the city’s suburb. Hefei, capital…
Domestic chip firms riding out tariff storm
An employee works at a chip testing workshop in Wuhan, Hubei province, in January 2024. XUE TING/FOR CHINA DAILY Washington’s restrictions on high-tech exports, including advanced chips and tariffs, are causing significant losses for US companies, while simultaneously accelerating breakthrough innovations in China’s technology sector, industry leaders and experts said. Executives across US and Chinese…
Industrial upgrade key for growth
Industrial upgrade is key for China to sharpen its edge amid global competition and more efforts are needed to support the growth of small and medium-sized enterprises, which have shown remarkable resilience through the China-US trade frictions, said a renowned expert. “The competition between China and the US ultimately boils down to competition within the…