China’s three major A-share indexes maintained an upward trajectory in Friday’s trading session, marking the benchmark Shanghai Composite Index’s return above 3,000 points and a recovery of all losses since the beginning of 2024. Analysts attribute this positive trend to effective support policies stabilizing the stock market and ongoing improvements in economic fundamentals. Driven by […]
China’s three major A-share indexes exhibited widespread gains on the first trading day of the Year of the Dragon, signaling a robust start to the new lunar year. With the country’s economy poised for continuous recovery, driven by a dynamic consumption market and effective policy support, analysts both in China and abroad express optimism about […]
As the intensity of this round of blizzards weakens, railways and roads previously affected by the adverse weather in various parts of China have gradually returned to normal, with service personnel working around the clock to ensure the safety and smooth operation of chunyun, or the Spring Festival travel rush. Travelers who have returned home […]
China experiences a robust start to the Spring Festival holidays, marked by a notable surge in consumption, including a remarkable increase in movie ticket sales, an unprecedented travel boom, and festive purchases on the first day of the eight-day holiday. The strong momentum in consumption during this year’s holidays is anticipated to surpass pre-pandemic levels […]
German Chancellor Olaf Scholz is set to visit China with a business delegation in April, emphasizing the considerable importance Germany places on China’s constructive role in economic recovery and international affairs. Sources from German media outlets FAZ newspaper and Reuters indicate that Scholz’s visit is scheduled for April 15 to 16, with invitations extended to […]
Chinese stocks witnessed a notable recovery on Tuesday, marking the most substantial gain in 14 months, following six consecutive days of decline and a challenging January. The benchmark Shanghai Composite Index surged by 3.23 percent, closing at 2789.49 points, while the Shenzhen Component Index and ChiNext Index both recorded impressive gains of over 6 percent. […]
As the Chinese New Year (CNY) or Spring Festival holidays approach, a notable revival in the tourism sector is expected, signaling a return to pre-pandemic levels. Enhanced by China’s comprehensive mutual visa exemption with 23 countries, including popular destinations like Thailand, Singapore, and the Maldives, industry experts foresee a surge in outbound tourism, reaching a […]
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The chunyun, or Spring Festival travel rush, commenced on Friday, initiating the world’s largest annual human migration, with expectations to reach a new record of 9 billion passenger trips over the 40-day peak period. As the bustling scenes unfold in transportation hubs and markets nationwide, the anticipated Chinese New Year holidays are poised to contribute […]
China and Uzbekistan upgraded their bilateral ties to an all-weather comprehensive strategic partnership during talks between Chinese President Xi Jinping and Uzbek President Shavkat Mirziyoyev in Beijing. The elevation of diplomatic relations signifies a new era in China-Uzbekistan cooperation, with increased collaboration expected in both traditional and emerging sectors. President Xi emphasized the deep-rooted friendship […]
