China Railway Construction Corp expects capacity expansion and equipment renewal campaigns will sharpen its edge in the increasingly fierce marketplace and help the State-owned enterprise better tap demand generated from the nationwide call for high-quality development.
China's battery industry continues to enthuse foreign investors, buoyed by the country's robust demand for electric vehicles and its leading position in battery technologies, said industry experts.
Apple chief executive Tim Cook has arrived in Shanghai, to preside the launch of a new flagship Apple store in downtown Shanghai on Thursday, local media reported. He last visited China in March 2023.
Product discount campaigns are emerging and showing promising development trends, becoming one of the hottest topics in the retail sector amid declining performances among hypermarkets and soaring sales in high-end membership stores.
China's latest efforts to promote the large-scale renewal of equipment and the trading-in of consumer goods will further stimulate consumer spending appetites, bolster consumption recovery and inject new momentum into economic growth.
"The restart of international cruise operations from China sends a strong signal to the world, and we are glad to experience the incredible speed of recovery here in the Chinese cruise market."
Chinese passenger airlines are increasing their weekly round-trip flights to the United States to handle higher travel demand expected during the summer.
China has seen growing orders for inbound tours from Switzerland, Ireland, Hungary, Austria, Belgium and Luxembourg following the implementation of a visa-free policy for these countries starting March 14, industry players have forecast.
Micro-sized retailers in third-tier or smaller cities are increasingly opening online outlets to grow their businesses, with a greater number of women entrepreneurs operating such stores, according to a recent finding.
Flash-express warehouses represent an emerging business model, are usually located in a warehouse and essentially sell all their goods online via deliveries.
Alipay, the digital payment arm of Chinese financial technology company Ant Group, is allocating more resources to roll out translation services in 16 languages, to ensure foreigners in China can use mobile payments without any hurdles.
China has discovered a major oilfield in the central and northern parts of the Bohai Sea, with proven reserves of 104 million tons of oil, marking a monumental find in the region following a decade of search efforts.
A mobile app named Tongcheng Finance has recently been removed from a large number of app stores, after China Central Television exposed it as a loan shark on Friday.
China's vehicle sales are expected to rebound despite a decline in February due to the effect of the Spring Festival, the country's top auto industry association said last week.
Chinese new energy vehicle marques, especially premium ones, are seeing their brand awareness among domestic car buyers surge and overtake international rivals, said a McKinsey report released last week.
China's recent regulatory amendment requiring parcel delivery workers to notify customers exactly where they are delivering their parcels to, has stirred a mixed reaction throughout the sector.
A freight train bound for Madrid, Spain, departed from Yiwu in East China's Zhejiang province, carrying not just valuable cargo, but also hopes for better transcontinental trade cooperation that could potentially transform the global economy.
Consumers have encountered technical problems with imported luxury cars and domestically produced new energy vehicles, with some issues proving difficult to solve, highlighting the importance of consumer protection, said an industry expert.
China should speed up geological exploration and technological research to expand the use of geothermal resources, political advisers and industry experts said, despite the country being at the forefront of development and utilization of the low-carbon energy source worldwide.
China's recent announcement that it would completely remove market access restrictions on foreign investment in manufacturing sparked optimism among numerous foreign enterprises.
Chuanxi gas field in the Sichuan Basin, developed by China Petroleum and Chemical Corp (Sinopec), has completed construction and launched full production, with an annual capacity of 2 billion cubic meters of natural gas and 130,000 metric tons of sulfur.
The Xinjiang Uygur autonomous region ranked first in China last year in the growth of express delivery volume and related business revenue, according to the State Post Bureau, Xinjiang Daily reported recently.
Executives of top multinational corporations have voiced optimism about China's economic growth target for 2024 and confidence in the country's long-term potential, and have expressed their willingness to continue expanding and investing in the nation.
Multinational healthcare companies are upbeat about the Chinese economy as well as further opportunities in the healthcare sector, and said they will deepen roots in the country.
China on Thursday slammed the passage of a bill that could see TikTok banned in the United States by the House of Representatives, saying the move "puts the U.S. on the opposite side of the principle of fair competition and international trade rules".
Boeing has had numerous safety issues with its planes, including two fatal crashes in the past six years on its MAX jet and more recently the loss of an aircraft part midflight in January.
China on Thursday slammed U.S.' petition to probe into China's shipbuilding industry for alleged unfair practices as “trade protectionism” and “lacking factual basis.”
The world's largest green, clean, renewable energy base surpassed a cumulative power generation of 1 trillion kilowatt-hours on Thursday.
China will closely keep track of the European Union's subsequent actions, and firmly safeguard the legitimate rights and interests of Chinese businesses, after the European Commission implemented a special customs registration process on Chinese-made electric vehicles.
The central government has prioritized the low-altitude economy in its development and investment agenda, in the hope that the sector can become a new engine for economic growth.