China sees surge in air passenger trips in April China says to sell initial batch of long-dated bonds this week Shanghai Party Secretary meets with Tishman Speyer CEO China to set up 300-bln-yuan relending facility for government-subsidized housing Upgraded HarmonyOS will begin commercial use in September BYD introduces its first pickup truck, the Shark, in Mexico China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market China auto association slams US protectionism in NEV industry Shanghai at the forefront of carbon reduction efforts Iceland, China agree to boost trade opportunities at CIIE promotional event China's yuan loans grow by 10.19 trillion yuan in Jan-April China's power use up 7% in April China's foreign exchange reserves fall to US$3.2 trillion in April China's largest land port handles over 1,700 China-Europe freight trains Chinese brands expand their footprint globally China's commercial vehicle sales up 8.1% in first 4 months Toshiba to cut 4,000 jobs to turn business around China to cut individual housing provident fund loan rates by 0.25 percentage points Chinese cities optimize home-buying policies with relaxed restrictions, trade-ins Chinese EV maker Zeekr surges 34% in Wall Street debut Microsoft denies rumors of mass AI team's relocation from China New measures cut red tape for food providers Lock-up shares worth about 66.4 bln yuan to become tradable in China Reports seek to improve Chinese brands global recognition Shanghai launches first national industrial carbon footprint platform Shanghai-listed firms report steady revenue growth in 2023 Shandong showcases its agricultural products in Shanghai China's passenger vehicle sales up 9% in Jan-April ByteDance enters the AI arena with cost-effective Doubao China steps up financing 'white list' mechanism to stabilize real estate market Huawei-backed AITO addresses concerns following fatal car crash in Shanxi HKSAR gov't cancels all property cooling measures Novartis China president promoted to CCO, international Bookings soar for long-distance cruise trips from Shanghai HSBC China completes first sustainable supply chain financing order China's railway passenger trips surge 22.9% in Jan-April Enhancing people's financial literacy a priority China Brand Day showcases cutting-edge technologies Report on China-EU environment, climate cooperation released Tesla's new mega factory project in Shanghai granted construction permit Car enthusiasts have lots to enjoy over the holiday period China to make housing development plans for 2024, 2025