A Libyan businessman is in negotiations with a vendor to purchase authentic flowers at the Yiwu International Trade Market in Yiwu city, Zhejiang province, on Jan 15, 2025. He has run his business in Yiwu for two decades. [Photo by Shi Bufa/for chinadaily.com.cn] Being a paramount supplier of cross-border e-commerce platforms in China, Yiwu is…
Poster of Operation Leviathan. [Photo provided to chinadaily.com.cn] BEIJING — Keen to diversify cultural activities and offer the public discounts during the upcoming Spring Festival, the Beijing municipality will distribute 33 million yuan (about $4.6 million) in cinema vouchers, according to a local official on Monday. Huo Zhijing, director of the Beijing Municipal Film Administration,…
BEIJING — China initiated over 60,000 urban renewal projects in 2024 as part of its ongoing efforts to transform cities into more resilient and intelligent areas that are desirable to live in, the Ministry of Housing and Urban-Rural Development said on Tuesday. These projects drew a total investment of 2.9 trillion yuan ($404.4 billion) and…
People attend the World Economic Forum (WEF) in Davos, Switzerland, Jan 20, 2025. [Photo/Xinhua] DAVOS, SWITZERLAND — In addition to significant achievements in AI technology and industry, China has made positive contributions to the global governance of AI, said a senior official of the World Economic Forum (WEF). On the theme of “Collaboration for the…
The D8003 train departs from Harbin to Yabuli West Station, Jan 20, 2025. [Photo/Xinhua] HARBIN — Around 11:00 am on Monday, the D8003 train departed from Harbin to Yabuli West Station, officially marking the launch of the dedicated express railway line for the 9th Asian Winter Games in Harbin. The express service for Harbin 2025…
BEIJING — The proportion of steel used in China’s manufacturing industry increased to 50 percent in 2024, up from 42 percent in 2020, Yao Lin, head of the China Iron and Steel Association, said at a conference on Monday. Driven by surging demand for steel in the new energy and new infrastructure sectors, steel companies…
SHI YU/CHINA DAILY China is expected to firmly safeguard its core economic interests and advance progress in critical areas of green transformation and AI technology, despite the fact that the United States is likely to continue trying to exclude it from key world value chains, said a senior expert on China-US economic and trade relations…
Workers install solar panels in rural Yinchuan, Ningxia Hui autonomous region. YUAN HONGYAN/FOR CHINA DAILY CHN Energy Investment Group is on track to step up investment in renewable energy and clean utilization of coal this year, after the group’s renewable energy installed capacity hit a record high in 2024. Last year, the company’s newly installed and…
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The extended capacity of the central bank to finance listed companies’ share buybacks and shareholding increases via a lending facility will help to stabilize the stock market and facilitate companies’ high-quality development, said experts. Their comments were in response to a statement released on Sunday by the People’s Bank of China, the country’s central bank,…