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China unveils national standards governing interoperability among AI agents

China introduced on Friday its first national standards governing interoperability among artificial intelligence agents, seeking to remove technical barriers that have slowed adoption and lay the foundation for an ecosystem of autonomous AI systems capable of securely communicating and collaborating across platforms. The State Administration for Market Regulation approved a seven-part national standard series, establishing…

China expands RMB clearing network to Indonesia, boosting yuan’s global use

China has announced the Jakarta branch of Bank of China (Hong Kong) as the renminbi clearing bank in Indonesia, extending the RMB clearing network to one of Asia’s largest emerging economies. The move is expected to facilitate bilateral trade and investment while advancing the international use of the Chinese currency in Southeast Asia, experts said.…

Chinese and UK business leaders explore sustainable development

Chinese and British business leaders convened in Shanghai on Tuesday for a sustainability summit, exploring pathways for cooperation on green innovation and emphasizing that the transition to a sustainable economy demands collaborative action. The 2026 Sustainability & Innovation Summit, hosted by the British Chamber of Commerce Shanghai, brought together over 100 participants to exchange ideas,…

IWG bullish on China market as innovation accelerates, executive says

China remains a market with significant growth potential for the UK-based workspace provider, as rapid innovation, industrial upgrading and changing business models continue to create new demand, said Edward Hu, country president of International Workplace Group China. Edward Hu, country president of International Workplace Group China. CHEN ZEBING/CHINA DAILY   Hu made the remarks during…

EU’s protectionist stance clouds prospects for inaugural China-EU trade meeting

The outlook for the first meeting under the China-EU trade and investment consultation mechanism, scheduled for next week, has become increasingly uncertain despite intensive consultations at the working level, a Ministry of Commerce source told China Daily on Friday. The uncertainty stems from the European Union’s increasingly protectionist stance toward China and its failure to…

Deloitte China chair: Chinese market provides certainty to the world

Jiang Ying, chair of Deloitte China, said she remains confident about the long-term prosperity of the Chinese economy, citing the country’s strong growth momentum in recent years. Speaking to China Daily during the 2026 Summer Davos in Dalian, Liaoning province, Jiang said the Chinese market provides certainty to the world, adding that predictability and stability…

Wuxi unveils 15th Five-Year Plan, targets 5% growth in 2026

A bird’s-eye view of Wuxi. [Photo provided to chinadaily.com.cn] Wuxi, an economic powerhouse in East China’s Jiangsu province, officially unveiled its 15th Five-Year Plan (2026–30) at a press conference on June 25, outlining a comprehensive roadmap to strengthen its position as a modern industrial and commercial hub while advancing high-quality development. Mayor Jiang Feng outlined…

Decrease in the value of gas imports in Q1 2026

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Huawei joins hands with JAC to launch ultra-high-end sedan

Huawei Executive Director Richard Yu Chengdong unveils the S800 Grand Design of Maextro. [Photo provided to chinadaily.com.cn] Huawei Technologies Co made another bold step in expanding the price boundary of China’s smart vehicle industry by partnering with local car maker JAC to officially launch the S800 Grand Design edition on Thursday evening. Priced from 1.38…