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Accidents at work down 5% in 2022 from 2017

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Schaeffler debuts at Auto Shanghai after Vitesco merger

Schaeffler shows its cutting-edge products at Auto Shanghai 2025, which runs to May 2. [Photo by Li Fusheng/chinadaily.com.cn] German auto supplier Schaeffler is showcasing its latest products and solutions at the ongoing Auto Shanghai, making its debut after merging with Vitesco Technologies. The combined portfolio emphasizes advancements in electrification and intelligent applications. “We’re excited to…

137th Canton Fair draws over 220,000 overseas buyers

An overseas buyer visits a porcelain area of the 137th China Import and Export Fair in Guangzhou, South China’s Guangdong province, April 23, 2025. [Photo/Xinhua] GUANGZHOU — A total of 224,372 overseas buyers from 219 countries and regions had attended the 137th China Import and Export Fair, also known as the Canton Fair, by the…

Xiong’an-Shangqiu high-speed railway completes girder erection work

A worker erects a box girder at the construction site of a mega bridge in the Hebei section of the Xiong’an-Shangqiu high-speed railway in North China’s Hebei province, April 27, 2025. [Photo/Xinhua] Girder erection work in the Hebei section of Xiong’an-Shangqiu high-speed railway was fully completed on Sunday as the last box girder was erected…

China refines departure tax refund policy to encourage inbound consumption

BEIJING – China unveiled a set of measures on Sunday to further optimize its departure tax refund policy to meet overseas tourists’ needs better and expand inbound consumption. The minimum purchase threshold for departure tax refunds has been lowered, allowing overseas travelers to apply for a refund if they spend at least 200 yuan (about…

Back Again: EU’s Deficit with China Nears €1 Billion Daily

Since 2013, EU imports from China grew 7.3% a year, while exports rose just 4.3%. In early 2025, the gap widened further: imports jumped 18%, exports dropped 7%.Trade is underperforming output. In a healthy, globalized expansion, international trade typically grows faster than global GDP. For decades, the ratio of trade growth to GDP growth hovered…

China sees robust growth in domestic tourism spending in Q1

People take a sightseeing train across cole flower fields in Pingyuan village, Anshun city of Southwest China’s Guizhou province, April 6, 2025. [Photo/Xinhua] BEIJING – Spending on domestic travel by Chinese residents surged by 18.6 percent in the first quarter of 2025 compared to the same period last year, highlighting robust growth in cultural and…

China confident of achieving full-year development targets: official

BEIJING — With ample policy reserves and sufficient policy room, China is fully confident in achieving this year’s economic and social development goals and tasks, Zhao Chenxin, deputy head of the National Development and Reform Commission, told a press conference on Monday. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Firms switching gear to AI for faster development

Visitors check out medical services supported by AI during an expo in Shanghai.[Photo/China Daily] Chinese companies will accelerate the adoption and popularization of artificial intelligence technology to boost operational efficiency and reinvent their businesses, as a new era of digitization is unfolding — one in which AI continuously drives new levels of autonomy across organizations…

China’s efforts to bolster circular economy bearing fruit nationwide

NANJING — At a resource recycling center, batches of discarded cables are sorted, dismantled, cleaned and processed, transforming waste into valuable raw materials like copper and aluminum for reuse. This center belongs to State Grid Xuzhou Power Supply Co in Xuzhou, a major energy hub for one of China’s economic powerhouses — Jiangsu province. “Extracting…