GCL Energy Technology and Ant Digital Technologies have raised CNY 200 million ($27.4 million) by tokenizing solar assets in a bid to pioneer blockchain-based financing in renewable energy.
Monthly Archives For December 2024
Japan, China Agree to Visit by Beijing’s Top Diplomat Next Year
China and Japan agreed that Beijing’s top diplomat should visit in 2025, adding to the signs the two nations are repairing ties that have been strained in recent years.
The ‘Godfather of EVs’ explains why China is winning the race to go electric — and why hybrids are a ‘fool’s errand’
I honestly think it’s a fool’s errand,” he added. China races ahead Over the past few years, the auto industry has been shaken by the booming growth of Chinese brands such as BYD, which have…
Buy or wait? Chinese consumers bet on more subsidies to revive economy
Retailers fret about weak sales while ‘greedy’ consumers hold out for bigger subsidies from Beijing next year.
With unwavering allure, China remains top-notch choice for global investors
A key magnet is China’s industrial system, which is the most comprehensive on a global scale and offers unparalleled supply chain advantages. It is the only country in the world with every industrial …
A guide to Shenzhen, from new hotels to restaurants
With a host of fabulous hotels both old and new, plus restaurants, here’s why Shenzhen should be on your list of places to visit next.
China’s Christmas Eve box office plunges to 13-year low
BEIJING (Reuters) – China’s box office revenues for Christmas Eve plummeted to the lowest in at least 13 years, data from ticket booking platform Maoyan showed on Wednesday. Zhang Yiwu, a literature …
The Roots of “Revenge on Society” Attacks in China
A series of violent attacks across China in recent months have pierced a tightly controlled society’s veneer of stability. In late September, a 37-year-old man killed three people and injured 15 …
China’s finance ministry vows to step up fiscal spending in 2025
BEIJING — China’s finance ministry vowed to step up fiscal spending and government bond issuance in 2025, providing stronger support to bolster economic stability.
Beijing lashes out at Western criticism of Hong Kong bounties for 6 activists
Beijing urges US, UK, EU and Canada to ‘immediately stop making groundless accusations and interfering in the affairs of Hong Kong and China’.
China to focus on stabilising real estate market in 2025, housing regulator says
BEIJING: Efforts will continue in 2025 to stabilise and prevent further declines in China’s real estate market, China Construction News reported, citing a work conference held by th …
Beijing’s predominant flu strain: H1N1 influenza A
Experts have said that the predominant flu strain circulating in Beijing this flu season is the H1N1 type of influenza A, with the majority of individuals with normal immune function being able to recover on…
China approves value-added tax law, taking effect in 2026
China approved a value-added tax law on Wednesday to take effect on Jan. 1, 2026, the official Xinhua said, bringing into one document previous regulations that have included exempting items from the …