A Chinese-invested shipping company Sea Legend has opened regular container shipping service via the Red Sea region, according to the company’s website announcement, which industry insiders said would make it one of the few companies that still sail on the direct shipping route from Asia to Europe on heels of the deepening of Red Sea […]
The imports and exports in Northwest China's Xinjiang Uygur Autonomous Region witnessed a robust growth, reporting the second highest growth rate among all provinces in China, which indicates increasingly dynamic trade with its partners. Xinjiang's total foreign trade was 357.33 billion yuan ($50.42 billion), a year-on-year increase of 45.9 percent, ranking second in China in […]
China's central bank will set up a new credit market department in a bid to guide financial institutions to implement corresponding work focusing on technology finance, green finance, inclusive finance, pension finance and digital finance, Pan Gongsheng, governor of the People's Bank of China (PBC) announced on Wednesday at a press conference. The establishment of […]
China's top economic planner on Thursday emphasized the importance of enhancing consistency in macro policy orientation in 2024, as part of its efforts to strengthen policy coordination and ensure a synchronized and concerted policy response across economic sectors. Assessing the consistency of macro policy orientation is a crucial innovation in macroeconomic regulation and an important […]
MUJI (Shanghai) Commercial Co was recently fined 2,517.5 yuan ($350) and had 377.1 yuan of illegal income confiscated by the market regulator in Jing'an district of Shanghai, as the company produced and sold substandard products as qualified products, according to the information from data provider Tianyancha. Tianyancha showed that the fiber content of children's striped […]
British Airways is doubling their Chinese-speaking cabin crew bases in China, and the first batch is expected to enter service in May, the airline's chief customer officer said on Thursday, and the company is bullish on the growth of the Chinese economy and the rising travel demand. "We will add 50 cabin crew members in […]
The Chinese Foreign Ministry on Friday urged the US to do more to contribute to peace and stability and not to introduce bloc confrontation, conflicts and wars into the Asia-Pacific, in response to the China-related content in the US' first-ever National Defense Industrial Strategy (NDIS), which highlighted the need to reform its defense industry and […]
On October 7, the 19th Asian Games in Hangzhou, East China's Zhejiang Province, held the first men's and women's breaking events in the history of the Games. After three rounds of intense competition, 17-year-old Chinese breakdancer Liu Qingyi defeated Japan's Yuasa Ami with a score of 2-1 to win the breaking women's gold medal and […]
Editor's Note: The death toll among Palestinians from Israeli attacks on the Gaza Strip has risen pass 8,500, according to the official Palestinian news agency WAFA, while more than 1,400 people in Israel have lost their lives, the vast majority in the Hamas attack on October 7. The Gaza Strip now faces a serious humanitarian […]
Under the theme "digital transformation and design future" to deepen mutual digital and economical cooperation, the first Turkey-China Business Conference was held on July 11 in Istanbul, Turkey. The conference was organized by the Foreign Economic Relations Board of Turkey (DEIK) and the Turkish Industry and Business Association (TUSIAD). Turkish Ambassador to China Ismail Hakki […]