State-of-the-art intelligent connected vehicles, bleeding-edge quantum computers and futuristic industrial robots -- these are some examples of where China aspires to seek new sources of growth amid economic challenges.
Numerous Chinese provinces have mapped out blueprints to beef up support for tech-intensive industries and foster new growth momentum or "new productive forces" that feature innovation, high-quality and advanced productivity.
Looking ahead, 2024 will be a big year for China's tourism industry, which will enter "a new prosperous cycle," according to the China Tourism Academy.more
Chinese people traditionally open their wallets before or during the Spring Festival, buying costly items such as gold to convey good wishes for the new year. Sales figures indicate that the gold consumption frenzy has not been prevented by gold price hikes.more
China's leading automaker FAW Group Co., Ltd. reported surging vehicle sales in January, getting the company off to a good start for 2024.
Global fast food chain McDonald's seeks to continue its expansion and plans to open 1,000 restaurants in China in 2024, according to Bloomberg News.