District kicks of industrial revival with new projects

A ceremony was held on Wednesday in Laoshan district in eastern Qingdao to highlight its industrial transformation and the 20 projects that will begin operations in the area with an investment of 30 billion yuan ($4.61 billion).

Global Snapshot

Editor's note: The G20 Leaders' Summit will be held in Hangzhou, Zhejiang province, in September. China Daily is proud to announce that it has been designated the official newspaper for the event, the first time the summit will be held in China. In the run-up, China Daily will publish a special section each month highlighting the issues to be tackled at the summit as well as give our readers a glimpse of the host city. The summit, from Sept 4-5, will be extensively covered by China Daily with special packages looking at all aspects of the event as world leaders address the major challenges facing the global economy.

Summit increasingly significant in global affairs, experts say

First action plan for 2030 sustainability to be rolled out

Thousands of volunteers recruited in Hangzhou to support meetings

A drive to recruit volunteers ahead of the G20 Summit being held in Hangzhou, Zhejiang province in early September is picking up steam.

Central bank expects to maintain a 'prudent' monetary policy

As Zhou Xiaochuan, People's Bank of China governor, spoke at the G20 gathering in Washington, he seemed more relieved than 50 days ago, when the last such gathering was held in Shanghai. Cascading fears about a hard economic landing for China had receded, replaced with improved growth momentum. Pressure on deflation and capital outflow had eased; commodity prices, which had plunged in the previous six months, staged a rebound.

City embraces English language ahead of event

Residents of Hangzhou in East China's Zhejiang province are honing their English language skills ahead of the G20 Summit being held there later this year.

Hadawan workers rejoice in area's new vitality

Residents hope region can become a model for China's economy

Company reaps profit despite slower product demand

China National Petroleum Corp's petrochemicals branch in Jilin was known as the Jilin Chemical Industry Co before it was merged with its current parent firm in 1998.

Upgrades help maker of socks find market success

The Northeast China Sock Industry Park in Liaoyuan, Jilin province, is the largest cotton sock production base in China after 11 years of development. About 7 million pairs of cotton socks are transported to every corner of the world from the park each day.

IN BRIEF (Page 10)

Audi shapes china's future mobility

Zero-emissions cars, plug-in hybrids top carmaker's priorities

Showroom

The new Audi A4L made its global premiere at the Beijing auto show, continuing the automaker's line of legendary models in the premium B-class car market.