https://www.scmp.com/rss/517295/feed Judy Cui is a journalism student at the University of Hong Kong. She is currently a winter intern at the Post. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Travelling to multiple Chinese cities late last year, Derek Cheung, an investor from Singapore, found himself having trouble making simple, everyday payments in China’s increasingly cashless society. When he ate at restaurants where QR payment codes were registered to individuals instead of merchants, he could not use WeChat Pay – one of China’s major mobile payment services – as the payment-service provider restricts individual transfers to accounts linked with international cards. After... https://www.scmp.com/economy/china-economy/article/3251523/china-travel-cashless-society-shift-hits-foreign-tourists-who-really-want-open-wallets-and-spend?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3251523/china-travel-cashless-society-shift-hits-foreign-tourists-who-really-want-open-wallets-and-spend?utm_source=rss_feed Sun, 11 Feb 2024 22:00:17 +0000 Beijing’s pledge to keep China’s “rice bowl” firmly in the hands of its people – a common refrain from President Xi Jinping – has been backed with numerous actions, including the protection of arable land, expansion of farming acreage and more widespread use of technology. The seed industry is one that has been deemed “strategic and fundamental”, and the vitalisation of seeds is a major feature of the country’s quest to ensure its food security. After an eight-month round of inspections... https://www.scmp.com/economy/china-economy/article/3248214/china-nurtures-indigenous-seed-industry-reduce-import-reliance-secure-food-supply?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3248214/china-nurtures-indigenous-seed-industry-reduce-import-reliance-secure-food-supply?utm_source=rss_feed Fri, 12 Jan 2024 23:00:18 +0000 China’s state railway group said it intends to complete prototype production and testing this year of what could potentially be the world’s fastest high-speed train, as it vowed on Tuesday to further upgrade its already massive network. The development by the state-owned China State Railway Group, which operates the world’s largest high-speed rail network, marks a breakthrough for the CR450 technological innovation project launched by Beijing three years ago. The latest model in the Fuxing... https://www.scmp.com/economy/china-economy/article/3247924/chinas-280mph-high-speed-train-be-tested-year-cr450-set-enter-service-2025?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3247924/chinas-280mph-high-speed-train-be-tested-year-cr450-set-enter-service-2025?utm_source=rss_feed Wed, 10 Jan 2024 13:30:21 +0000 China will intensify its efforts to bring international flights to pre-pandemic levels in 2024, with a particular focus on more direct trips to and from the United States and streamlined procedures for entry, its civil aviation regulator said on Thursday. The declaration came as international exchanges remain at severely diminished levels one year after the country reopened its borders, undermining Beijing’s endeavours to fight decoupling and drive its economic recovery. According to the Civil... https://www.scmp.com/economy/china-economy/article/3247301/china-eager-exchanges-pledges-return-pre-pandemic-flight-pattern?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3247301/china-eager-exchanges-pledges-return-pre-pandemic-flight-pattern?utm_source=rss_feed Thu, 04 Jan 2024 13:00:22 +0000 Since August, Emma Li has sent 300 job applications to companies in China. She has had four interviews. The 26-year-old, who will graduate from one of the top business schools in Europe next year, has struggled to find a job that meets her expectations during the “golden fall” recruitment period in China’s labour market, lasting from September to the end of the year. She sometimes missed calls from recruitment managers back home – complications caused by the time difference and jet lag while in... https://www.scmp.com/economy/china-economy/article/3246034/chinas-overseas-students-face-hazy-future-tough-job-markets-home-and-abroad?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3246034/chinas-overseas-students-face-hazy-future-tough-job-markets-home-and-abroad?utm_source=rss_feed Mon, 25 Dec 2023 01:00:14 +0000 As extreme weather events battered China’s traditional breadbaskets and abrupt geopolitical shifts made reliable grain prices a thing of the past, Beijing has ramped up its campaign to safeguard food security, employing a variety of methods to expand yields and cultivate more efficiently. To guarantee its 1.4 billion people can be fed without despoiling its limited stocks of arable land – a paradox that has always been a major hurdle to self-sufficiency -the country has explored ways to grow in... https://www.scmp.com/economy/china-economy/article/3246033/china-vaults-salt-saline-tolerant-crops-increasing-yields-and-advancing-food-security-goals?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3246033/china-vaults-salt-saline-tolerant-crops-increasing-yields-and-advancing-food-security-goals?utm_source=rss_feed Sun, 24 Dec 2023 11:00:14 +0000