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China’s CPI up 1% in March

China’s consumer price index, a main gauge of inflation, rose 1 percent year-on-year in March, data from the National Bureau of Statistics showed on Friday. The core CPI, which excludes food and energy prices, increased 1.1 percent year-on-year, the data revealed. On a month-on-month basis, CPI fell 0.7 percent in March. Friday’s data also showed…

TCM on verge of expansion, AI main driver

A photo shows the modern, intelligent and digital production workshop of Good Doctor Group in Kunming, Yunnan province. CHINA DAILY At a teaching clinic run by the Shanghai University of Traditional Chinese Medicine, acupuncture students are testing a new digital assistant designed to analyze needle techniques using artificial intelligence. The application, known as AcuAssistant, uses…

Vibrant consumption growth seen during festival holiday

Tourists enjoy crabapple blossoms as they visit the Wudadao historical urban area in North China’s Tianjin, April 4, 2026. [Photo/Xinhua] China has recorded vibrant consumption growth during the three-day Qingming Festival holiday. The holiday travel boom was boosted by the overlap of the festival and spring breaks for primary and secondary school students in many…

Acwa pumping $30b in China to tap potential in renewables, green hydrogen

Acwa, an energy and water desalination company based in Riyadh, Saudi Arabia, will step up investments in China over the next five years as it seeks to deepen its presence in renewables, water desalination and green hydrogen, a senior executive said. The company remains confident in China’s medium — and long-term economic prospects despite rising…

Nation promotes balanced trade

A cargo vessel loads in Qingdao Port, Shandong province. ZHANG JINGANG/FOR CHINA DAILY China will actively expand imports and promote balanced trade, as the country moves to turn itself into the “world’s market”, a consumption powerhouse that shares its massive potential of domestic demand with global businesses amid rising protectionism, experts and executives said. Earlier…

Services offer new avenues for investment

Visitors interact with a robot at the 2025 China International Fair for Trade in Services at Shougang Park in Beijing, on Saturday. The event, open to the public on Saturday and Sunday, offered free admission to visitors with reservation. ZOU HONG/CHINA DAILY China’s push to open up its service sector is unlocking new growth avenues…