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Southeast Asian destinations perfect for spontaneous trips by young Chinese

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Chinese tourists visit the Grand Palace in Bangkok, Thailand, in October. XINHUA Young travelers from China are showing an ever-growing enthusiasm for visiting Southeast Asian countries in a more spontaneous travel style and without extensive planning, industry players found. Singapore, Malaysia and Thailand have become popular overseas destinations for Chinese visitors, fueled by their visa-free entry…

Chinese green tech finds favor in water deficient areas

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After being effectively implemented during construction of the main stadium for the FIFA World Cup Qatar 2022, China’s cutting-edge water-saving technology is expected to witness wider applications in Qatar and related Central Asian countries. As a crucial advancement in Ningxia Hui autonomous region’s efforts to enhance irrigation efficiency, the smart wind-solar complementary water-saving irrigation technology…

Guizhou’s Meitan builds an eco-friendly tea industry

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Workers enhance the fragrance of tea by hand. [Photo by Liu Boqian/For chinadaily.com.cn] Meitan, Guizhou province, is stepping up efforts to create an environmentally sustainable tea industry through judicial action and public outreach. In late autumn, some 300,000 local tea farmers have begun harvesting the season’s final crop. Authorities have prioritized eco-friendly farming practices, which…

China’s humanoid robot industry records robust profits

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A group of humanoid robots are on display at the entrance of an exhibition of the three-day World Artificial Intelligence Conference (WAIC) 2024 in Shanghai, July 4, 2024. [Photo/Xinhua] The revenue of 54 A-share listed companies in the humanoid robot industry reached 246.71 billion yuan ($34.59 billion) in the first nine months of 2024, up…

China’s foreign trade up 5.2% in Jan-Oct period

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China’s foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan ($5.02 trillion) in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. China’s…

Autonomous driving startup DeepRoute.ai raises capital

Car models integrated with DeepRoute IO set to launch this year. Photo provided to chinadaily.com.cn Chinese autonomous driving startup DeepRoute.ai announced on Tuesday that it has completed a strategic series C1 funding round, raising $100 million from leading Chinese automotive original equipment manufacturers or OEMs. The funding will enhance the research and development in end-to-end…

China’s consumer prices rise mildly in Oct

China’s consumer prices increased mildly in October, while the decline in factory-gate prices widened, official data showed on Saturday. Dong Lijuan, a statistician at the National Bureau of Statistics, attributed the year-on-year CPI growth to a stable operation of the consumer market, while the PPI declined due to factors including falling international commodity prices. Meanwhile,…

Anti-Money Laundering Law updated

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] China will strengthen the monitoring of emerging money laundering risks and improve its financial regulatory system to further safeguard financial security, according to a newly amended law. The revised Anti-Money Laundering Law was adopted by the Standing Committee of the National…

New carbon trading platform seen as key to green goals

This undated photo shows a bird’s eye view of Qianhai of Shenzhen, Guangdong province. [Photo provided to China Daily] Shenzhen’s new carbon trading platform marks a significant step toward China’s push for carbon neutrality, as it will revolutionize carbon trading and set up a comprehensive system to measure and label greenhouse gas emissions in the…

Growth expected to pick up after lull

The skyline of Beijing. [Photo/VCG] China’s economy showed early signs of having bottomed out across the board in October, indicating that the country’s ramped-up efforts to revitalize domestic spending against external uncertainties are starting to yield effects, analysts said on Tuesday. They commented as data from media group Caixin pointed to the fastest expansion of…