More than 6,300 metric tons of fresh durians arrived at Nansha Port in Guangzhou, Guangdong province, aboard three cargo vessels within 24 hours over the weekend, as the peak import season for the fruit gets underway ahead of the five-day May Day holiday beginning Friday. The shipment, comprising 356 containers, was cleared by Nansha Customs…
Bank of Communications recently obtained approval from the People’s Bank of China to serve as the exclusive pilot bank for the China-Brazil Bond Connect (CBB Connect). The move marks a notable southward expansion of financial ties as cooperation among Global South countries deepens, and formally establishes a two-way connectivity mechanism between the bond markets of…
The China National Space Administration has underscored the need to encourage commercial space development, with a focus on emerging sectors such as space-based computing power and in-space manufacturing, to deeply expand commercial application scenarios and strive for closed-loop business models, according to the news released on Monday. Vice-Minister of Industry and Information Technology and CNSA…
Ivan Espinosa, CEO of Nissan Motor, delivers a speech at Auto China 2026 in Beijing on Friday. [Photo provided to chinadaily.com.cn] The Chinese market has become the growth engine of Nissan Motor’s global strategy, CEO Ivan Espinosa said at the Auto China show, adding that the country enhances Nissan’s overseas competitiveness via exported cars, know-how…
A technician monitors the operation of unmanned road rollers for a highway construction project in Mianyang, Sichuan province. XINHUA A sharp acceleration in infrastructure spending has emerged as a key pillar of China’s investment stabilization drive, offsetting a persistent decline in the property sector and helping overall investment return to positive growth in the first…
Honor launches its latest tablet. [Photo provided to chinadaily.com.cn] Chinese tech company Honor Device Co Ltd has unveiled what it called the world’s thinnest flagship tablet with tailored support for running AI agents like OpenClaw. The launch comes amid soaring demand for computational power. According to the latest data from the National Data Bureau, China’s average…
Chinese private refining giant Hengli Group has strongly condemned recent United States sanctions imposed on one of its wholly-owned subsidiaries, dismissing US allegations of ties to Iran as “groundless”, and lacking both factual and legal basis. The US Department of the Treasury’s Office of Foreign Assets Control, or OFAC, placed Hengli Petrochemical (Dalian) Refining Co…
A view of a duty-free shop in Beijing Capital International Airport. CHINA DAILY The nationwide rollout of China’s departure tax refund service, which smoothly reached its one-year mark this month, has effectively stimulated inbound travel and increased consumption vitality, experts said. The policy governing the service aims to further enhance the convenience of departure tax…
The world’s first pure car truck carrier (PCTC) with a capacity of more than 10,000 vehicles is delivered in Guangzhou, Guangdong province, on Tuesday. [Photo provided to chinadaily.com.cn] The world’s first pure car truck carrier (PCTC) with a capacity exceeding 10,000 vehicles was delivered after a naming ceremony in Guangzhou’s Nansha district on Tuesday, setting…
A saleswoman (left) addresses consumer queries on a washing machine at a home appliance mall in Leshan, Sichuan province, on Friday. LI HUASHI/FOR CHINA DAILY China’s consumption sector posted a mild rebound in the first quarter, but a slowdown in March pointed to a fragile recovery as the impetus from an extended Spring Festival holiday…