China’s improving innovation ecosystem, its vast market and more predictable policy environment are encouraging multinational companies to scale up investment and operations, cementing the country’s role as a hub for advanced industries and global trade, said market observers and business executives. They added that China’s integrated industrial supply chains, ongoing industrial upgrading, stable market environment,…
An aerial drone photo taken on Jan 7, 2025 shows an offshore wind farm in the waters of Laizhou city, East China’s Shandong province. [Photo/Xinhua] China’s installed power generation capacity had reached 3.96 billion kilowatts by the end of March, up 15.5 percent year-on-year, with solar and wind leading the growth, official data showed Thursday.…
BEIJING — The US move to refund certain tariffs is a helpful step on the path to correcting its mistakes, the Ministry of Commerce said on Thursday. Spokesperson He Yongqian made the remarks at a regular press briefing in response to a question about US Customs and Border Protection initiating tariff refunds on April 20.…
Yu Chengdong, Huawei’s executive director and chairman of its terminal business group, unveiled Shangjie’s new models. [Photo provided to chinadaily.com.cn] Huawei announced on Wednesday that its smart car ecosystem Harmony Intelligent Mobility Alliance has made cumulative deliveries exceeding 1.35 million units. Huawei is partnering with carmakers to unveil new models under the Aito, Luxeed, Stelato,…
Xiong’an Customs officers inspect imported medical equipment at Xiong’an Xuanwu Hospital. [Photo provided to chinadaily.com.cn] Foreign trade in Xiong’an New Area in North China’s Hebei province surged 17.6 times year-on-year to 20.55 billion yuan ($3 billion) in the first quarter of this year, driven by tailored customs services and faster clearance, local customs said on…
Visitors explore Covestro’s booth during the 38th International Exhibition on Plastics and Rubber Industries, also known as CHINAPLAS 2026, running from April 21 to 24 in Shanghai. [Photo provided to chinadaily.com.cn] German chemical manufacturer Covestro AG is forming alliances with Chinese partners in emerging fields such as robotics and flying cars, as China’s ascent on…
An aerial drone photo taken on March 20, 2026 shows a container terminal of Taicang Port in East China’s Jiangsu province. [Photo/Xinhua] The latest US move to issue tariff refunds is a positive step toward correcting Washington’s erroneous practices, a spokeswoman for China’s Ministry of Commerce said on Thursday. At a news conference in Beijing,…
The second phase of the 139th Canton Fair covers household items, gifts and decorations, and building materials and furniture. It is ongoing in Guangzhou, the capital of Guangdong province. [Photo by Qiu Quanlin/chinadaily.com.cn] Innovations in product design and technologies have helped Chinese export-oriented companies to better reach business orders with international buyers during the 139th…
China Eastern Air Holding Co Ltd officially launched a branch in Urumqi, Xinjiang Uygur autonomous region, on April 22. [Photo provided to chinadaily.com.cn] China Eastern Air Holding Co Ltd officially launched a new branch in Urumqi, the capital of Northwest China’s Xinjiang Uygur autonomous region, on Wednesday. The move is expected to bolster the autonomous…
Volkswagen Passenger Cars Brand CEO Thomas Schaefer presents the ID. Aura T6 in Beijing on April 8, 2026. [Photo provided to chinadaily.com.cn] Volkswagen has “caught up” in key capabilities in China’s fast-accelerating electric and intelligent vehicle transition, as the German automaker enters what it calls a “delivery mode” year. “Chinese market has changed and a…