With their combined retail sales of consumer goods exceeding 6.2 trillion yuan ($907.83 billion) in 2025 and revenue from departure tax refunds surging 86 percent year-on-year, China’s five international consumption center cities have become key drivers of domestic spending, Minister of Commerce Wang Wentao said on Thursday. “As major consumption hubs, the five international consumption…
China is stepping up policy support to boost its rapidly expanding services sector, as policymakers seek to foster a more competitive and better-structured ecosystem that will inject fresh momentum into economic growth, officials and executives said. “China has introduced targeted measures to strengthen key areas of producer and consumer services, with a focus on easing…
The image of a sleek, autonomous car gliding through city streets to find its owner is no longer confined to sci-fi blockbusters. On April 26, at the headquarters of Chinese automaker Chery in Wuhu, Anhui province, that vision crossed into reality. Standing before a towering digital backdrop of a rain-slicked cityscape, Shawn Xu, CEO of…
The world’s first pure car and truck carrier (PCTC) with a capacity exceeding 10,000 parking spaces is delivered in Guangzhou, Guangdong province, on April 28. [Photo provided to chinadaily.com.cn] The world’s first pure car and truck carrier (PCTC) with a capacity exceeding 10,000 parking spaces was delivered in Guangzhou of Guangdong province, on Tuesday (April…
China has formally submitted a complaint to the European Commission (EC) over the European Union’s proposed Industrial Accelerator Act, warning that the legislation would create “serious investment barriers and institutional discrimination” against Chinese companies, and vowing countermeasures if Brussels pushes ahead. The proposed act, according to analysts, represents a serious departure from World Trade Organization…
This photo shows the excavation of an underground powerhouse at Lianghekou pumped-storage power station in the Yalong River basin in Sichuan province. XINHUA The outline of the 15th Five-Year Plan (2026-30) proposes a blueprint of 109 major engineering projects across six crucial domains to advance the Chinese path to modernization. Following the successful completion of…
Export-bound vehicles await shipment at Taicang Port, Jiangsu province. JI HAIXIN/FOR CHINA DAILY Foreign artificial intelligence in-vehicle system providers have been seeking deeper cooperation with Chinese automakers to help them navigate software localization challenges and achieve long-term growth in overseas markets, a senior executive said. The call for collaboration comes as China’s auto exports continue…
Visitors learn about the latest development of robots integrating into human life during the Global Developer Pioneers Summit 2025 and the International Embodied Intelligence Competition on Dec 12 at Zhangjiang Science Hall in Shanghai. FANG ZHE/XINHUA At an auto plant in Puebla, a historic city in central Mexico, a digital system introduced this year by…
[PHOTO/CHINA BOUND] During the Ming and Qing (1368-1911) dynasties, Chinese emperors held spring rituals here at the Hall of Prayer for Good Harvests at the… Read More »Hall of Prayer for Good Harvests, Beijing
A robot developed by Chinese tech company EngineAI dances in Shenzhen, Guangdong province, on June 25, 2025. LI AN/XINHUA Technological innovation and robust policy support for domestic demand are bolstering China’s economic resilience, laying a stable foundation for growth through the remainder of the year, economists said. The assessment follows the Ministry of Finance’s welcoming…