Policies boost consumption of services
For the over 230,000 fans who flocked to Shanghai in mid-March for the 2026 Formula One Chinese Grand Prix — 80 percent of whom traveled from other provinces or overseas…
Yellow Crane Tower, Hubei – Chinadaily.com.cn
Spring blossoms frame the iconic Yellow Crane Tower, standing gracefully atop Sheshan (Snake Hill) on Wuhan’s southern Yangtze bank. Originally built in the Three Kingdoms (220-280) era and rebuilt multiple…
Yuan-priced commodities could be next
Using the renminbi to price major commodities such as oil may be “an indispensable step” in advancing the currency’s global role, and its internationalization could follow a path of expanding…
Mastercard keen on money movement
Forging closer ties with local partners while fully embracing emerging technologies is key to Mastercard’s evolution from traditional card-centric businesses to a global money movement network, said Pratik Khowala, the…
Sci-tech spending to rise 10% this year
A technician checks a humanoid robot at a tech company in Ningbo, Zhejiang province. HUANG ZONGZHI/XINHUA China plans to increase fiscal expenditure on science and technology by 10 percent this…
The rise of emotional travel
In August 2025, visitors wearing floral headpieces pose for selfies in Xunpu village, Quanzhou, Fujian province. In Quanzhou, a coastal city in eastern Fujian province, the small fishing village of…
Chinese AI models lead global token consumption
Volunteers in Hangzhou, Zhejiang province teach local residents on Wednesday how to use Open-Claw, an autonomous, open-source AI agent that leverages large language models to perform everyday tasks. LIN YUNLONG/FOR…
Automated humanoids production line in place
An engineer observes a humanoid robot grabbing a component at a laboratory of Leju Robotics in Hefei, East China’s Anhui province, Oct 24, 2025. China’s first automated production line for…
China’s consumer goods trade-in program generates sales of 433.17b yuan in Q1
People shop for smartphones and other consumer electronics eligible for the Chinese government’s trade-in subsidies at a retailer in Zaozhuang, East China’s Shandong province, Feb 21, 2026. BEIJING — China’s…
China launches policy steps to boost service consumption
Tourists browsing hand bracelets and souvenirs at a stall in Ganzhou, Jiangxi province, on Feb 11, 2026. China has unveiled a suite of policy measures to boost service consumption in…