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Intelligent Digital Production in Zhangye

ZHANGYE, CHINA - NOVEMBER 19, 2025 - Staff are checking the fully automatic pH ratio at the Gansu Xiyu Food Red Date Digital Workshop in Linze County, Zhangye City, Gansu Province, China, on November 19, 2025.

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Intelligent Digital Production in Zhangye

ZHANGYE, CHINA - NOVEMBER 19, 2025 - Staff are checking the fully automatic pH ratio at the Gansu Xiyu Food Red Date Digital Workshop in Linze County, Zhangye City, Gansu Province, China, on November 19, 2025.

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Xi'an Chanba International Port

A crane works at the Xi'an International Port Station in Xi'an, northwest China's Shaanxi Province, November 14, 2025. Launched in 2013, the China-Europe freight train in Xi'an has ranked first nationwide in key aspects such as the number of trains, freight volume and laden-container ratio for many years. Today, the Xi'an International Port Station operates 59 railway routes, with a designed annual container throughput of 5.4 million 20-foot equivalent units (TEUs). Projects such as the Kazakhstan-Xi'an port have been completed and put into operation, facilitating trade and transportation with Europe and Asia, accelerating the city's transformation into a modern international trade and logistics hub.Photo by Shao Rui/Xinhua/ABACAPRESS.COM

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Xi'an Chanba International Port

Workers operate at the Kazakhstan-Xi'an port of the Xi'an International Port Station in Xi'an, northwest China's Shaanxi Province, November 14, 2025. Launched in 2013, the China-Europe freight train in Xi'an has ranked first nationwide in key aspects such as the number of trains, freight volume and laden-container ratio for many years. Today, the Xi'an International Port Station operates 59 railway routes, with a designed annual container throughput of 5.4 million 20-foot equivalent units (TEUs). Projects such as the Kazakhstan-Xi'an port have been completed and put into operation, facilitating trade and transportation with Europe and Asia, accelerating the city's transformation into a modern international trade and logistics hub.Photo by Shao Rui/Xinhua/ABACAPRESS.COM

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Xi'an Chanba International Port

An aerial drone photo taken on November 14, 2025 shows cranes working at the Xi'an International Port Station in Xi'an, northwest China's Shaanxi Province. Launched in 2013, the China-Europe freight train in Xi'an has ranked first nationwide in key aspects such as the number of trains, freight volume and laden-container ratio for many years. Today, the Xi'an International Port Station operates 59 railway routes, with a designed annual container throughput of 5.4 million 20-foot equivalent units (TEUs). Projects such as the Kazakhstan-Xi'an port have been completed and put into operation, facilitating trade and transportation with Europe and Asia, accelerating the city's transformation into a modern international trade and logistics hub.Photo by Shao Rui/Xinhua/ABACAPRESS.COM

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Xi'an Chanba International Port

An aerial drone photo taken on November 14, 2025 shows the Kazakhstan-Xi'an port of the Xi'an International Port Station in Xi'an, northwest China's Shaanxi Province. Launched in 2013, the China-Europe freight train in Xi'an has ranked first nationwide in key aspects such as the number of trains, freight volume and laden-container ratio for many years. Today, the Xi'an International Port Station operates 59 railway routes, with a designed annual container throughput of 5.4 million 20-foot equivalent units (TEUs). Projects such as the Kazakhstan-Xi'an port have been completed and put into operation, facilitating trade and transportation with Europe and Asia, accelerating the city's transformation into a modern international trade and logistics hub.Photo by Shao Rui/Xinhua/ABACAPRESS.COM

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Xi'an Chanba International Port

Workers load a new energy vehicle onto a container at the Kazakhstan-Xi'an port of the Xi'an International Port Station in Xi'an, northwest China's Shaanxi Province, November 14, 2025. Launched in 2013, the China-Europe freight train in Xi'an has ranked first nationwide in key aspects such as the number of trains, freight volume and laden-container ratio for many years. Today, the Xi'an International Port Station operates 59 railway routes, with a designed annual container throughput of 5.4 million 20-foot equivalent units (TEUs). Projects such as the Kazakhstan-Xi'an port have been completed and put into operation, facilitating trade and transportation with Europe and Asia, accelerating the city's transformation into a modern international trade and logistics hub.Photo by Shao Rui/Xinhua/ABACAPRESS.COM

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Xi'an Chanba International Port

An aerial drone photo taken on November 14, 2025 shows an auto logistics base at the Xi'an International Port Station in Xi'an, northwest China's Shaanxi Province. Launched in 2013, the China-Europe freight train in Xi'an has ranked first nationwide in key aspects such as the number of trains, freight volume and laden-container ratio for many years. Today, the Xi'an International Port Station operates 59 railway routes, with a designed annual container throughput of 5.4 million 20-foot equivalent units (TEUs). Projects such as the Kazakhstan-Xi'an port have been completed and put into operation, facilitating trade and transportation with Europe and Asia, accelerating the city's transformation into a modern international trade and logistics hub.Photo by Shao Rui/Xinhua/ABACAPRESS.COM

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Xi'an Chanba International Port

A truck drives into the Xi'an International Port Station in Xi'an, northwest China's Shaanxi Province, November 14, 2025. Launched in 2013, the China-Europe freight train in Xi'an has ranked first nationwide in key aspects such as the number of trains, freight volume and laden-container ratio for many years. Today, the Xi'an International Port Station operates 59 railway routes, with a designed annual container throughput of 5.4 million 20-foot equivalent units (TEUs). Projects such as the Kazakhstan-Xi'an port have been completed and put into operation, facilitating trade and transportation with Europe and Asia, accelerating the city's transformation into a modern international trade and logistics hub.Photo by Shao Rui/Xinhua/ABACAPRESS.COM

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Robotics Industry - China

( A humanoid robot makes gestures at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province, July 3, 2025. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( This photo taken on July 3, 2025 shows a programming-free smart welding system at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( A collaborative robot automatically grasps and sorts components at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province, July 3, 2025. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( This photo taken on July 3, 2025 shows a spray-painting robot at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( This photo taken on July 3, 2025 shows a high-precision desktop robot at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( This photo taken on July 3, 2025 shows a voice-interactive smart palletizing workstation at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( A humanoid robot shakes hands with a staff member at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province, July 3, 2025. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( This photo taken on July 3, 2025 shows a welding robot at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.C

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Robotics Industry - China

( A humanoid robot trains with the assistance of motion capture equipment at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province, July 3, 2025. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( A staff member assembles a robot at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province, July 3, 2025. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( This photo taken on July 3, 2025 shows a spray-painting robot at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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Robotics Industry - China

( A staff member debugs a humanoid robot at Anhui Efort Intelligent Equipment Co., Ltd. in Wuhu, east China's Anhui Province, July 3, 2025. Founded in 2007, Anhui Efort Intelligent Equipment Co., Ltd. produces robots widely used in industries such as electronics, photovoltaics, lithium batteries, automotive and auto parts, rail transit, and shipbuilding. The company established a comprehensive R&D system for core technologies, having achieved a 100% ratio in localization and self-sufficiency for critical components. It sold over 16,000 industrial robots in 2024. As the first national-level robotics industry cluster in the country, Wuhu is home to more than 300 enterprises along the robotics supply chain. The city's robotics industry output exceeded 40 billion yuan (about 5.58 billion U.S. dollars) in 2024. Xinhua/Zhang Cheng/ABACAPRESS.CO

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

E

2025 Public Subject Written Examination of Civil Servants

NANJING, CHINA - DECEMBER 1, 2024 - Candidates line up at a test center of Nanjing Forestry University in Nanjing, East China's Jiangsu province, Dec 1, 2024, for the 2025 public subject written examination of civil servants. According to the State Administration of Civil Service, the exam plans to recruit 39,700 people, a total of 3.416 million people passed the qualification examination of employers, the number of qualified people and the ratio of employment plans is about 86:1.

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Urban Buildings in Qingdao

QINGDAO, CHINA - AUGUST 30, 2024 - Photo taken on Aug 30, 2024 shows the distinctive urban buildings in Qingdao, East China's Shandong province. On September 24, 2024, The State Council Information Office held a press conference to announce that in terms of mortgage loans, it will reduce the interest rate of stock mortgage loans and unify the minimum down payment ratio of mortgage loans, and guide commercial banks to reduce the interest rate of stock mortgage loans to near the interest rate of new mortgage loans, and the average decline is expected to be about 0.5 percentage points.

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Urban Buildings in Qingdao

QINGDAO, CHINA - AUGUST 30, 2024 - Photo taken on Aug 30, 2024 shows the distinctive urban buildings in Qingdao, East China's Shandong province. On September 24, 2024, The State Council Information Office held a press conference to announce that in terms of mortgage loans, it will reduce the interest rate of stock mortgage loans and unify the minimum down payment ratio of mortgage loans, and guide commercial banks to reduce the interest rate of stock mortgage loans to near the interest rate of new mortgage loans, and the average decline is expected to be about 0.5 percentage points.

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Urban Buildings in Qingdao

QINGDAO, CHINA - AUGUST 30, 2024 - Photo taken on Aug 30, 2024 shows the distinctive urban buildings in Qingdao, East China's Shandong province. On September 24, 2024, The State Council Information Office held a press conference to announce that in terms of mortgage loans, it will reduce the interest rate of stock mortgage loans and unify the minimum down payment ratio of mortgage loans, and guide commercial banks to reduce the interest rate of stock mortgage loans to near the interest rate of new mortgage loans, and the average decline is expected to be about 0.5 percentage points.

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Urban Buildings in Qingdao

QINGDAO, CHINA - AUGUST 30, 2024 - Photo taken on Aug 30, 2024 shows the distinctive urban buildings in Qingdao, East China's Shandong province. On September 24, 2024, The State Council Information Office held a press conference to announce that in terms of mortgage loans, it will reduce the interest rate of stock mortgage loans and unify the minimum down payment ratio of mortgage loans, and guide commercial banks to reduce the interest rate of stock mortgage loans to near the interest rate of new mortgage loans, and the average decline is expected to be about 0.5 percentage points.

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Urban Buildings in Qingdao

QINGDAO, CHINA - AUGUST 30, 2024 - Photo taken on Aug 30, 2024 shows the distinctive urban buildings in Qingdao, East China's Shandong province. On September 24, 2024, The State Council Information Office held a press conference to announce that in terms of mortgage loans, it will reduce the interest rate of stock mortgage loans and unify the minimum down payment ratio of mortgage loans, and guide commercial banks to reduce the interest rate of stock mortgage loans to near the interest rate of new mortgage loans, and the average decline is expected to be about 0.5 percentage points.

E

Urban Buildings in Qingdao

QINGDAO, CHINA - AUGUST 30, 2024 - Photo taken on Aug 30, 2024 shows the distinctive urban buildings in Qingdao, East China's Shandong province. On September 24, 2024, The State Council Information Office held a press conference to announce that in terms of mortgage loans, it will reduce the interest rate of stock mortgage loans and unify the minimum down payment ratio of mortgage loans, and guide commercial banks to reduce the interest rate of stock mortgage loans to near the interest rate of new mortgage loans, and the average decline is expected to be about 0.5 percentage points.

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China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

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China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.

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China Resources Property Under Construction in Nanjing

NANJING, CHINA - SEPTEMBER 24, 2024 - A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. The People's Bank of China announced that it will lower the interest rate of outstanding mortgages and unify the minimum down payment ratio of mortgages.