China channels 500b yuan through new policy-based financial instrument to spur investment
BEIJING — China has allocated a total of 500 billion yuan (about $70.56 billion) through a new policy-based financial instrument, the country’s major policy banks announced on Thursday. The China…
Beijing restaurants taste Michelin glory
The Michelin Guide officially unveils its full selection for Beijing 2026, along with four individual awards, on Wednesday at Nuo Beijing Hotel. The Michelin Guide officially unveiled its full selection…
Special fund to support strategic emerging industries launched in Beijing
A special fund focusing on investing in strategic emerging industries by central State-owned enterprises was launched in Beijing on Wednesday. It was initiated by the State-owned Assets Supervision and Administration…
‘Dine-in’ label added to food delivery platform to protect consumers
Chinese leading food delivery platforms — Alibaba Group-backed Ele.me, Meituan, and JD — have launched a “dine-in” label on their platforms, and some merchants providing catering services on the platforms…
Porsche unveils new retail center in Beijing
Porsche Center Beijing Chaoyang is the first Destination Porsche retail store in the Chinese capital. German sports car maker Porsche inaugurated Beijing’s first “Destination Porsche” retail center on Tuesday, marking…
A taste of historical Liaocheng comes to Qianmen
An event aimed at exhibiting and selling the food of Liaocheng is held in the commercial area of Qianmen between Oct 24 and 31. Liaocheng, a city in East China’s…
China seeks to enhance rules for mutual fund performance benchmarks
The China Securities Regulatory Commission unveiled a draft guideline on Friday to enhance the role of performance benchmarks in regulating mutual fund investments, marking a key step to refine capital…
Solar power installations slow amid reform moves
Technicians check solar panels at a power station in Tianchang, Anhui province, on Oct 14. SONG WEIXING/FOR CHINA DAILY China’s new solar power installations in September, though slightly up from…
China Innovation Index up 5.3% in 2024: official data
An employee works at a smart production facility in Tianjin. BEIJING — The China Innovation Index, a barometer of the country’s innovation capability, rose steadily in 2024, official data showed…
China weighs export waivers for eligible tech shipments amid Nexperia scrutiny
China will consider granting export exemptions to eligible shipments after conducting a comprehensive review of companies’ actual circumstances, the Ministry of Commerce said on Saturday, in response to media questions…