In a pioneering collaboration with the National Astronomical Observatories, Tencent, a Chinese tech giant, is spearheading a star exploration initiative that utilizes AI to boost the efficiency of …
Monthly Archives For July 2024
China Focus: 4,300-year-old Taosi site sheds light on prehistorical culture, technology
TAIYUAN, July 31 (Xinhua) — A newly built museum is set to open at the 4,300-year-old Taosi relics site in north China. Over 300 items to be on display will shed light on the life…
Rural vitalization set to be further advanced in China
As China steps up its development of new quality productive forces, the country’s rural vitalization is expected to be further promoted in all respects, experts said during a seminar held in Beijing …
China’s cash-strapped small banks face limitatons amid shake-up, no one-size-fits-all fix
Beijing has called for consolidation of China’s indebted and feeble local banks, with the central Henan province announcing its consolidation plans on Sunday China’s attempt to clean up its small and …
China will implement consumption tax reform step-by-step, vice Finance Minister says
China will implement consumption tax reform step-by-step and standardise management of local governments’ non-tax revenues, Vice Finance Minister Wang Dongwei said at a press conference in Beijing on …
China Sees Massive Local Government Bond Issuance in First Half of 2024
China’s finance ministry reported that net local government special bonds issuance was 1.49 trillion yuan ($205.81 billion) in the first half of 2024. Additionally, June saw a net local government …
China’s July factory activity shrinks, services grow more slowly
BEIJING, July 31 (Reuters) – China’s manufacturing activity in July shrank for a … reaching billions of people worldwide every day. Reuters provides business, financial, national and international …
Starbucks quarterly revenue falls on weak traffic in US and China
Starbucks’ revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China. But the Seattle coffee giant expressed optimism Tuesday that successful n
China’s southern megacities dealt contrasting economic fortunes as hi-tech Shenzhen thrives
Divergence in economic performance was cited as one of the major challenges facing China’s economy by the top-level Politburo.
Taiwan citizens fear Beijing will destroy their democracy
Over the years, Taiwanese state officials have expressed fears that China’s plan to take over and control Taiwan would ultimately destroy its democracy. Politicians in Taipei believe that China would not only end democracy in…
When Lang Lang played piano for 2 billion people at the Beijing Olympics Opening Ceremony
At the Opening Ceremony of the 2008 Beijing Olympics, the world stood still for a beautiful new piano concerto, featuring classical music’s biggest star.
China July non-manufacturing activity expands at slower pace
China’s non-manufacturing activity expanded more slowly in July, an official factory survey showed on Wednesday, pointing to slowing domestic demand for services and reinforcing how troubling a …
China’s factory activity contracts for third straight month
China’s manufacturing activity fell for a third consecutive month in July, according to an official survey, increasing pressure on policymakers to speed up stimulus measures to boost the world’s …