China’s recent flurry of stimulus measures, introduced in rapid succession over the past month, has injected new life into markets and raised widespread expectations for additional economic interventions. After months of relative inaction, Beijing’s policymakers have signaled a shift toward more proactive measures aimed at boosting the world’s second-largest economy. Experts are interpreting this sudden...
Guangdong province, historically a key driver of China’s economic growth, has continued to lag behind the national average in terms of gross domestic product (GDP), with the gap widening further due to an ongoing property market crisis and uneven performance across its cities. For the first three quarters of the year, Guangdong’s GDP grew by...
This year marks the 30th anniversary of the country’s implementation of paired-up assistance in Southwest China’s Xizang Autonomous Region. The coordinated support for Xizang was a major strategic decision by the central government that has had a profound impact and made notable contributions to poverty alleviation efforts in the region. Stepping into the homes of...
In recent years, tennis in China has experienced a remarkable surge in popularity, transforming from a niche sport to a national craze. Fueled by the success of local tennis stars on the international stage, the sport is capturing the imagination of Chinese audiences like never before, leading to packed stadiums and a rush to book...
In an effort to attract young talent and fill their classrooms, Hong Kong’s top high schools are increasingly targeting students from mainland China. This was evident at the 2024 Greater Bay Area International Education School Fair, held in Shenzhen’s Futian District on Saturday, where 15 prestigious Hong Kong schools sought to appeal to mainland parents...
Apple sees iPhone 16 prices slashed by up to 1,600 yuan (US$225) at its online store on Alibaba Group Holding’s Tmall platform, as the US tech giant looks to boost sales on Singles’ Day, the world’s biggest shopping festival, amid stiff competition in China.Under its Singles’ Day promotion, Apple’s Tmall store started offering a 500-yuan...
The 2024 Hong Kong-Macao Visual Art Biennale opened in Hangzhou, Zhejiang Province, under the theme of “integration and dialogue,” presenting a diverse artistic showcase that bridges tradition and modernity. This cultural event, featuring young artists from Hong Kong, Macao, and Zhejiang, offers audiences a chance to explore the dynamic interplay between Eastern and Western influences,...
In a significant technological achievement, Chinese engineers have successfully tested nuclear-proof data link communications equipment, pushing it beyond standard military specifications to ensure its survivability in the event of a nuclear attack. The equipment passed a simulated high-altitude electromagnetic pulse (HEMP) attack, which is considered one of the most probable threats in modern warfare. The...
Amid growing global uncertainties and ongoing domestic challenges, China is moving forward with strategic adjustments to its financial and fiscal systems, shifting focus from short-term stimulus to long-term economic sustainability. While the market continues to speculate on the size of potential economic stimuli, Chinese policymakers are quietly reshuffling their approach, aiming to curb risks and...
As autumn graces China with its golden hues, the nation gathers to celebrate the Chongyang Festival, also known as the Double Ninth Festival. Traditionally observed on the ninth day of the ninth lunar month of the Chinese calendar, this year’s festival fell on October 11. The number nine in Chinese, “jiu,” is phonetically identical to...