Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s upcoming reduction in the reserve requirement ratio to zero for certain financial institutions has potentially unlocked substantial scope for further monetary easing, with another cut to the RRR likely in the second half of the year, analysts…
A Hunnu Air aircraft lands at Beijing Daxing International Airport on April 30. TAO RAN/FOR CHINA DAILY Eyeing the rapidly growing aviation market in China to further drive its growth, Brazilian aircraft manufacturer Embraer SA said that “In China, for China” stands as its guiding principle and a natural outcome of its 25-year sustained commitment to…
Tourists visit the Puyuan Fashion Resort in Puyuan town of Tongxiang city of Jiaxing, East China’s Zhejiang province, May 12, 2025. [Photo/Xinhua] As external uncertainties continue to escalate, consumption, particularly in the services sector, is poised to assume an increasingly important role in underpinning the Chinese economy this year, analysts said. A high-level meeting convened…
China’s first commercially operated hydrogen-powered locomotive began trial runs on Saturday in Liupanshui, Guizhou province. HUANG SHUJIN/FOR CHINA DAILY China’s first commercially operated hydrogen-powered locomotive began trial runs on Saturday in Liupanshui, Guizhou province, marking a significant milestone in the city’s long-term drive to modernize its coal industry. The locomotive can be fully refueled in about…
Workers of Heytea make beverages in New York on March 8. LIAO PAN/CHINA NEWS SERVICE Chagee Holdings Ltd, a leading Chinese premium tea beverage brand, made its debut on the Nasdaq stock exchange on April 17, signaling the company’s global expansion drive and mirroring the rising presence of Chinese tea drinks overseas. Since its founding in…
Fair and equality-based negotiations for mutual benefit and with mutual respect should be the basis for solving trade disputes between China and the United States, said a senior expert. In an exclusive interview with China Daily, Zhu Guangyao, former vice-minister of finance, said Sino-US economic and trade relations not only matter for the two nations…
China has announced that it will strengthen control over the export of strategic minerals “every step of the way”, with a particular focus on cracking down on the smuggling of these critical resources and enhancing customs inspections at ports. All departments and local authorities should intensify the tracking of strategic mineral flows, enhance interagency information…
Shipping containers are seen at the port of Oakland in Oakland, California, US, May 12, 2025. [Photo/Agencies] China and the United States announced a series of tariff adjustment measures on Monday aimed at easing trade tensions between the world’s two largest economies, according to a joint statement issued by both governments in Geneva, Switzerland. Trade analysts…
Students learn about recruitment information during a campus job fair held at Qinghai College of Architectural Technology in Xining, Northwest China’s Qinghai province, April 23, 2025. [Photo/Xinhua] TIANJIN – New digital technologies are giving rise to a kaleidoscope of novel job positions across China, unlocking fresh economic growth opportunities while easing concerns that AI advancements…
This photo taken from Jingshan Hill on Aug 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny day in Beijing. [Photo/Xinhua] The performance of small business in the Chinese mainland hit a five-year high in 2024, largely driven by technology and innovation, according to a new survey by CPA Australia,…