Experts at a recent forum in Beijing emphasized the need for AI-empowered smart governance to prioritize inclusiveness, equality, and diversity while fostering multilateral cooperation. Zhu Xinkai, vice-president of Renmin University of China, highlighted the importance of a human-centered approach that blends technical and value rationality to meet diverse societal needs. Wang Weiping, deputy director of […]
CITIC Capital Holdings Ltd has announced that its private equity arm, Trustar Capital, has signed an agreement with CITIC Group to acquire its shares in McDonald’s businesses on the Chinese mainland, as well as in Hong Kong and Macao. This move solidifies CITIC Capital’s position as the controlling shareholder, maintaining a 52% ownership stake in […]
BEIJING, Oct. 29 – Chinese Premier Li Qiang met with Finnish President Alexander Stubb in Beijing on Tuesday, reaffirming the commitment to enhance cooperation between the two nations. Li highlighted the positive trajectory of China-Finland relations since the establishment of their cooperative partnership, noting the continuous promotion of mutually beneficial cooperation across various sectors that […]
China has expressed strong opposition to the United States’ newly implemented investment restrictions targeting its high-tech sector, warning that it will take countermeasures if necessary. The U.S. Treasury Department finalized a rule on October 29 aimed at preventing U.S.-based individuals and companies from investing in a range of advanced technologies in China. A spokesperson for […]
China has strongly opposed the European Union’s decision to impose additional tariffs on electric vehicles (EVs) manufactured in its market, with the Ministry of Commerce pledging to take all necessary measures to protect the interests of Chinese companies. The tariffs, announced by the European Commission on Tuesday, will come into effect on Thursday and will […]
As economic cooperation deepens, Guangxi’s geographical advantages—its land and sea links to ASEAN—have significantly boosted its fruit exports. In 2023, Guangxi imported agricultural products worth 16.71 billion yuan ($2.34 billion) from ASEAN, marking a 43.1% year-on-year increase. Local specialties like orah mandarins and sweet tangerines are gaining popularity in these markets, prompting more companies to […]
Shen Ji, a UK-educated professional, has embarked on an exciting new journey after eight years of working in Hangzhou. Earlier this year, she and her husband, Xi Yang, made the bold decision to return to her hometown in Moganshan, Deqing County, Huzhou, in East China’s Zhejiang province, to launch their own refrigerator magnet business. The […]
Economists are calling for a robust and proactive approach to macroeconomic policies as China seeks to build momentum heading into 2025. They emphasize the importance of capitalizing on rising expectations and improving confidence to foster economic growth. With a recent stimulus package announced, China’s economy is expected to show improvement in the fourth quarter, which […]
Wonderful Pistachios and Almonds LLC, the largest pistachio producer in the United States by both production volume and sales revenue, is set to bolster its sales network and supply chain operations to capture a larger share of the Chinese market. The company’s strategy comes in response to the growing demand among Chinese consumers for Western-style […]
SUBA Capital, an innovative membership microfinance platform, is proud to announce its selection to participate in the highly converted Edo Innovates Challenge – a Co-creation HUB (CcHUB) program, in collaboration with the Bill & Melinda Gates Foundation and the Edo State Government aimed at strengthening Edo State’s digital solutions ecosystem. This opportunity marks a transformative […]
