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Malaysian tourists describe China as one of best choices to visit

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      China

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      Malaysian tourists describe China as one of best choices to visit

      2025-01-30 19:08 Last Updated At:19:37

      ⁠⁠⁠⁠⁠⁠⁠As China offers diverse experiences and festive vibes for global visitors during the Spring Festival holiday season running from January 28 to February 4, a group of Malaysian tourists in Chengdu City of southwest China's Sichuan Province shared their experiences, calling China "one of the best choices" to visit.

      The Spring Festival marking the start of the Chinese New Year, one of China's most important festivals, has seen an influx of international tourists who want to experience Chinese culture and soak in the festive atmosphere. The Saidi sisters from Malaysia are among those enjoying their time in Chengdu, a city that has become one of the most popular destinations for global travelers.   Although this is not their first visit to China, the sisters said they are still charmed by Chengdu's iconic pandas, spicy food, brisk winds, and exotic sceneries.   Talking about their trip, the sisters explained why they keep returning to China and even plan to visit more.   "I think it's mostly because of the scenery, because we don't really have this, you know, this mountain with lakes and the blue turquoise lakes and snow-capped mountains. We don't have that in Malaysia," said Norfarahin Mohd Saidi, one of the sisters.   The convenience and inclusiveness of traveling and living in China are also major advantages.   "So China is one of the best choices for us Malaysians. We have direct flights, and for us Muslims, it's Muslim-friendly. We have halal food," said Nufarhana Mohd Saidi, another of the sisters.   According to Qin Mao, a local travel specialist, the principal reason for the inbound travel boom is that China can offer visitors from all countries distinctive experiences.

      "International travelers are here to seek unique experiences unavailable in their own countries. For example, a large percentage of inbound visitors now is from Southeast Asia. They are coming to Chengdu for its snow-capped mountains and plateaus, something that they cannot find in their home country. While European and American tourists visit for pandas, China's historical architecture, and Chinese cultural performances," Qin said.   With its expanding visa-free policies and commitment to opening up, China is welcoming international visitors from more places to explore the country's cultural charms and modern developments.

      Malaysian tourists describe China as one of best choices to visit

      Malaysian tourists describe China as one of best choices to visit

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      China's financial institutions create business incubators for sci-tech startups

      2025-02-23 01:35 Last Updated At:02:27

      Financial institutions in China's Shanghai and Tianjin are building incubators for the development of sci-tech startups.

      In Shanghai, more than 40 sci-tech startups have settled in the Zhangjiang Incubator of the Pudong Development Bank Innovation Center, covering multiple fields such as integrated circuits, biomedicine, and artificial intelligence.

      The Zhangjiang Incubator not only provides offices, account settlement and policy declaration for the startups, but also helps them secure loans, negotiate business deals, and find investments.

      A company in the field of artificial blood vessels received a credit loan from the bank even without any income. Because it moved into the incubator, the bank knew its startup team, research progress, and growth very well.

      "The bank granted us a credit loan, and it was because of this credit loan that we completed the construction of our factory, which also helped us secure a new round of financing of 30 million yuan (about 4.14 million U.S. dollars). With the factory and this financing, we were able to enter the phases of clinical trials," said Dai Weimin, chairman of Sunna Technologies (Shanghai) Company.

      In north China's Tianjin Municipality, the Tiankai Higher Education Innovation Park was established, where enterprises in the park can benefit from joint support from technology, industry to finance. Financial institutions have set up branches in the park to provide comprehensive services for startups.

      "We do not meet the typical conditions for bank loans. Because we are in a special incubator environment of the Tiankai Higher Education Innovation Park and have an investment-loan linkage product from the Agricultural Bank of China, we are able to secure our first loan to overcome significant difficulties," said He Jianjun, general manager of Tianrun Hanyang Technology (Tianjin) Company.

      "Over 90 percent of the companies in the innovation park are early-stage private enterprises. We have launched several financial products tailored to the companies in the Tiankai Higher Education Innovation Park based on their characteristics. Meanwhile, we actively assist these enterprises in facilitating investment and financing connections and strengthen cooperation with small and medium-sized guarantee companies to address the medium- to long-term large financing needs of these businesses," said Han Le, deputy manager of the Tianjin Nankai Sub-branch of the Agricultural Bank of China.

      China's financial institutions create business incubators for sci-tech startups

      China's financial institutions create business incubators for sci-tech startups

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