Author: Grace Johnson

Chinese actor Yu Menglong, celebrated for his breakout role in the hit series Go Princess Go, has died at the age of 37. News of his passing has left fans and colleagues in shock, with tributes flooding social media across China and around the world. Yu Menglong first rose to prominence with his role in Go Princess Go, a comedy-drama that garnered a large following both domestically and internationally. His performance was praised for its charm, versatility, and emotional depth, cementing him as a rising star in the entertainment industry. Following his success in Go Princess Go, Yu expanded his…

Beijing’s housing market is encountering significant challenges as the city grapples with the effects of a broader economic slowdown. Falling demand, high developer debt, and cautious consumer sentiment are all contributing to a period of uncertainty for the capital’s property sector. Recent data indicate that both new and second-hand home prices have slowed in growth or fallen in several districts. While premium areas have seen smaller declines, the weaker segments of the market are struggling with slower transactions and limited buyer interest. Analysts say the trend reflects wider economic pressures, including slower income growth, cautious spending, and tighter financial conditions…

Beijing has made a major policy shift by removing the price cap on a key land sale, a move that signals changing priorities in China’s struggling real estate market. Analysts say the step reflects efforts to revive demand and boost developer confidence after years of weakness across the sector. The land auction, which took place this week, marked the first time in years that the capital has allowed developers to bid without an upper price limit. Traditionally, authorities set caps to control speculation and keep land values in check. By lifting the ceiling, officials have shown they are ready to…

China’s real estate crisis could still worsen despite recent government support measures, according to a new warning from Goldman Sachs. The investment bank said the sector remains under heavy pressure from weak demand, high debt, and low consumer confidence, raising concerns about the outlook for the world’s second-largest economy. The warning comes after years of turbulence in China’s property market, which has long been a cornerstone of household wealth and economic growth. Once seen as a safe investment, housing has turned into a source of uncertainty as home prices fall, developers struggle with debts, and buyers hesitate to commit. Goldman…

China’s home prices declined in August, extending a weak trend that has now lasted several months, underscoring the difficulties facing the country’s property sector. Despite a series of government measures aimed at stabilizing the market, demand remains sluggish, confidence is weak, and developers continue to face financial pressures. Official data showed that both new and second-hand home prices slipped further during the month. Major cities, including Beijing, Shanghai, and Guangzhou, reported mixed outcomes, with modest gains in some areas but larger drops in others. Smaller cities, which make up a significant share of the housing market, experienced the sharpest declines.…

Beijing has set a new tourism milestone after welcoming more than eight million visitors during the Dragon Boat Festival holiday, marking one of the strongest holiday travel performances in recent years. The surge in visitors highlights both the city’s cultural appeal and the growing strength of China’s domestic tourism sector. Authorities reported that during the three-day holiday, Beijing’s cultural venues, parks, and attractions experienced record footfall. Popular destinations such as the Forbidden City, the Temple of Heaven, and the Summer Palace saw high levels of attendance, while modern landmarks, shopping centers, and entertainment districts were also filled with holiday crowds.…

Beijing is preparing to cultivate new tourism paradigms, signaling a shift toward modern, sustainable, and inclusive approaches that reflect the city’s evolving role as a global destination. Officials say the initiative will combine cultural heritage with innovation, aiming to create experiences that appeal to both domestic and international visitors. The plan comes as global tourism continues to rebound and cities compete to attract travelers with distinctive offerings. By investing in cultural creativity, green development, and digital tools, Beijing is positioning itself at the forefront of this transformation. “Tourism today is about more than sightseeing,” said a city tourism spokesperson. “It’s…

Beijing has officially unveiled its 2025 Culture Tourism Annual Pass, a comprehensive initiative aimed at enriching travel and educational experiences for residents and international visitors. The pass, which includes entry to 44 tourist attractions and a range of guided learning tours, reflects the city’s push to combine culture, tourism, and education in a single package. Officials explained that the new pass is part of a broader effort to make cultural heritage and modern experiences more accessible. By providing a convenient, affordable, and immersive way to explore the capital, Beijing hopes to encourage more people to engage with its history, art,…

Beijing has announced a series of measures to boost inbound tourism, reflecting the city’s commitment to strengthening its position as a world-class destination for international travelers. Officials explained that the steps are designed to make it easier for visitors to enter, explore, and enjoy the Chinese capital. By addressing key challenges such as visa processes, accessibility, and service quality, Beijing aims to attract more tourists while ensuring sustainable growth for the local economy. One of the most notable changes is the simplification of visa procedures. Authorities are working with foreign embassies and consulates to reduce wait times, expand eligibility for…

Beijing has experienced a dramatic rise in inbound tourism, recording a 61 percent surge in visitor numbers during the first quarter of the year. The increase reflects the city’s rapid recovery in international travel and its growing appeal as a hub for culture, business, and leisure. According to local authorities, the capital welcomed hundreds of thousands of overseas tourists between January and March, far surpassing figures from the same period last year. Officials attribute the growth to the easing of travel restrictions, improved flight connections, and renewed interest in China as a global destination. “The first quarter figures show that…