A new subway train, which consists of six carriages and features cutting-edge carbon fiber technology, completed its first trial run in Qingdao, Shandong province, on Wednesday.
Further adjustments to China's macroeconomic policies can be expected, including consumption stimulus and more flexible monetary policy, which aim to stimulate domestic demand in the second half of this year and counteract the negative impact from trade tensions, according to some policy researchers from the National Development and Reform Commission.
Consumption of fast-moving consumer goods in China remained robust last year, growing at a rate of 5.2 percent because of strong demand for high-end products, smaller brands and a new retail format, an industry report said.
Considered Wall Street's leading expert on China, Stephen Roach, senior fellow at Yale University and former chair of Morgan Stanley Asia, has spent more than two decades researching and writing about China.
Long-term value investing in the Chinese capital market is fostering innovation-driven and fast-growing enterprises and encouraging Chinese business leaders to rethink their companies' position in the transformation of global value chains, said a senior economist.
A declining loan-to-deposit ratio for Chinese banks in the first quarter of 2019 indicated that the liquidity of the banking sector is generally adequate, said an expert of Moody's Investors Service.
A core tenet in the study of theatrical performance says that the audience is more than a passive observer but possesses the power to inform creative pieces as they unfold.
Tencent Pictures, the motion picture business of Tencent Holdings Ltd, is looking to be involved in the production and distribution of around 100 movies and TV series in the next three to five years as the internet giant banks on digital technology to bolster what is soon expected to be the world's top movie market.
Central China's Hubei province plans to invest a total of 1.3 trillion yuan ($203 billion) in 91 major projects in an effort to pursue green development and sustainable development, the province's Party secretary said on Wednesday.
Metropolitan areas could be the next driving force of China's urbanization. The country's top regulator and political advisers are drawing up new blueprints that are concentrated in some second-tier cities in the central and western regions.
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