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- February 21, 2024
'New three' paves way for high-quality growth
China's pivot toward high-tech green industries as key growth drivers is gaining momentum, with experts predicting that the "new three" — photovoltaics, lithium-ion batteries and new energy vehicles — will play a pivotal role in shaping the country's economic landscape.
- February 21, 2024
Key rate cut seen as move to prop up realty
China implemented the biggest-ever cut to a mortgage rate benchmark on Tuesday, indicating policymakers' dedication to bolster the struggling housing sector and the broader economy, with additional interest rate cuts likely on the horizon, experts said.
- February 21, 2024
Some workers turning AI challenge into advantage
The recently released artificial intelligence model Sora, created by research organization OpenAI, has caused a sensation in the tech sector with its ability to generate videos of up to a minute in length based on brief text instructions.
- February 21, 2024
Plum blossoms adorn Fenghua with enthralling beauty
A breathtaking sight has unfolded in Yangcun village, located in Ningbo's Fenghua district, where an expansive grove of green plum flowers recently burst into full bloom, creating a spellbinding spectacle.
- February 20, 2024
Ningbo leads the way in China's colored tea industry
A pink tea tree variety, newly developed by Ningbo, has recently been granted a national plant variety rights certificate by the National Forestry and Grassland Administration, marking the addition of a new member to the city's vibrant colored tea tree family.
- February 20, 2024
Dragon gift connects Chinese and French children
In commemoration of the 60th anniversary of diplomatic relations between China and France, students and teachers from a kindergarten in Ningbo, Zhejiang province sent a cloth dragon to children in France before the Spring Festival, along with handmade gifts and New Year wishes.
- February 20, 2024
Cold wave to bring snow, freezing rain to central and eastern regions
A cold wave is expected to cause a steep drop in temperatures in central and eastern parts of China as it moves toward the east and south, the country's meteorological authority said on Monday.
- February 20, 2024
China implements biggest LPR cut on record
China implemented the biggest cut on record to a mortgage rate benchmark on Tuesday, indicating monetary policymakers' dedication to bolstering economic revival, with additional cuts to a key policy rate likely on the horizon, experts said.
