China’s gold output saw steady growth in the first quarter of 2025, according to industry data published on Monday. China produced 87.24 metric tons of gold in the first quarter, up 1.49 percent from the previous year, according to data released by the China Gold Association (CGA). In the first three months, gold consumption in…
On Sunday, Wumart Group, introduced its first batch of products sourced from exporting enterprises at its Xueqing Road store in Beijing. [Photo provided to chinadaily.com.cn] On Sunday, Wumart Group, a major retailer based in Beijing, introduced its first batch of products sourced from exporting enterprises at its Xueqing Road store in Beijing. This initiative aims to…
BEIJING – The combined profit of major industrial enterprises went up 0.8 percent year-on-year in the first quarter of 2025, a reversal of the 3.3 percent decline in 2024, the National Bureau of Statistics (NBS) said on Sunday. The growth ended the profit downturn that had persisted since the third quarter of last year, NBS…
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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…
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…
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…
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…
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…
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…