A view of a property project under construction in Yantai, Shandong province, May 12, 2024. [Photo/VCG] Although speculation is rife that China’s largest cities may further lift restrictions on home purchases, industry experts say certain existing requirements for buying houses in China’s top-tier cities may, in fact, be necessary. A meeting of the Political Bureau…
Isao Sekiguchi, Nissan’s corporate vice-president, delivers a speech at the CIIE on Nov 6, 2024. [Photo by Li Fusheng/chinadaily.com.cn] With China’s evolving market trends, Nissan is accelerating its electrification efforts, planning to launch eight new energy models, including five under the Nissan brand, by fiscal year 2026 to meet diverse consumer needs. Isao Sekiguchi, Nissan’s…
File photo shows the Lujiazui area in East China’s Shanghai. [Photo/Xinhua] China has issued 300 billion yuan ($42 billion) in treasury bonds as a stimulus package to support large-scale equipment upgrades and trade-in deals for consumer goods. It is recommended that the government further strengthen coordination between fiscal subsidies and financial services, and continuously expand…
A technician operates a device at a workshop of Beijing CRS Medical Device Co Ltd in Beijing on Oct 13. LI XIN/XINHUA BEIJING — In a sleek, automated workshop at the Daxing International Airport Economic Zone in southern Beijing, technicians from dental implant manufacturer CRS are meticulously checking their implants for any defects under microscopes. CRS,…
A Porsche electric car on display at the ongoing China International Import Expo in Shanghai. ZOU HONG/CHINA DAILY Open and collaborative partnerships are the intrinsic forces for developing the global new energy vehicle industry, in order to drive technological advancements and tackle climate change, officials and executives said on Wednesday. China’s NEVs not only provide…
Visitors watch the humanoid robot “Xiao Hui” singing and dancing at the 7th China International Import Expo in Shanghai, on Nov 6, 2024. [Photo/IC] An array of AI innovations captivated visitors as they had the chance to interact with cutting-edge technologies at the 7th China International Import Expo in Shanghai. From humanoid robots showcasing intricate…
This aerial photo taken on Sept 12, 2023 shows a view of the container terminal of Haikou Port in Haikou, South China’s Hainan province. [Photo/Xinhua] Two years on from the Regional Comprehensive Economic Partnership taking effect, the trade pact has shown signs of early progress, but the full benefits of the agreement will require a…
Border inspectors are busy inspecting inbound and outbound passengers at Guangzhou Baiyun International Airport, which opened a special green channel for the business people attending the 136th Canton Fair. [Photo by Ling Guanming/for chinadaily.com.cn] Guangzhou, the capital of Guangdong province, witnessed a record high of inbound and outbound passenger visits during the 136th China Import…
Foreign visitors inquire about a healthcare product during the 136th Canton Fair in Guangzhou, Guangdong province, on Monday. LU HANXIN/XINHUA The 136th China Import and Export Fair, widely known as the Canton Fair, concluded in Guangzhou, Guangdong province, on Monday, recording a historic high in terms of overseas buyers, according to the event’s organizers. As of…
An employee of a gas station in Xingtai, Hebei province, operates a fuel filling facility. [Photo/Xinhua] BEIJING – China will cut the retail prices of gasoline and diesel on Thursday, based on recent changes in international oil prices, the country’s top economic planner said on Wednesday. Gasoline prices will be reduced by 145 yuan ($20.42)…