China's homegrown large aircraft C919 marked its first anniversary of commercial operation on Tuesday, having accumulated more than 6,000 hours of safe operation.
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Profits at China's industrial enterprises rose 4 percent in April from a year earlier, reversing a 3.5 percent decline in March.
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Shanghai has introduced nine new real estate measures and implemented them from May 28 to better meet the diversified housing needs of residents, including further optimizing the housing purchase restriction policy, supporting the reasonable housing demand of families with multiple children, and optimizing the housing credit policy.
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In order to support the development of the semiconductor industry, China's National Integrated Circuit Industry Investment Fund (referred to as the Big Fund) Phase III joint-stock company was established with a registered capital of 344 billion yuan
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Chinese operators have released the first large-scale voice model that supports 30 dialects.
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Tesla Shanghai energy storage Gigafactory officially started work in the new Lingang District of Shanghai on Thursday (May 23) afternoon, which is Tesla's first energy storage gigafactory project outside the United States.
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Cash-strapped Chinese property giant Vanke has signed deals with leading financial institutions such as China Merchants Bank to secure 20 billion yuan ($3.8 billion) in syndicated loans. This is the largest single loan for real estate in China since 2020.
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The European Union Chamber of Commerce in China said China may consider raising temporary tariffs on cars imported from the United States or the European Union to as much as 25%.
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China's loan market quote rate (LPR) remained unchanged in May, as in the previous two months.
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On January 13, 2024, the vote counting results of the 2024 Taiwan leadership election showed that Lai Ching-te, the candidate of the Democratic Progressive Party, was elected as the leader of Taiwan, and the inauguration ceremony was held on May 20.
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Driven by the Trump administration's push to relax financial regulations and the recovery of investment banking business, the market value of the six major banks in the United States has cumulatively increased by approximately 600 billion US dollars by 2025.
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