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Steady economic improvement reported

Foreign tourists visit the Qilou Old Street in Haikou, South China’s Hainan province, May 9, 2026. [Photo/Xinhua] China’s economy maintained steady improvement in the first half of the year, with consumption continuing to recover and high-tech industries gathering momentum, according to data released by the State Information Center under the National Development and Reform Commission,…

Incubators drive Shanghai’s frontier tech innovation

Visitors check out products at Lightelligence’s booth during a high-tech expo in Hangzhou, Zhejiang province, on April 23. LONG WEI/FOR CHINA DAILY Shanghai’s efforts to nurture incubators, which have linked startups, funds and equipment, have helped the city achieve progress in cutting-edge technologies, said experts. The Zhangjiang High-Tech 895 Incubator in Shanghai’s Pudong New Area…

Dalian banks on shipbuilding skills

A view of Dalian Shipbuilding Industry Co in Dalian, Liaoning province. LIU DEBIN/FOR CHINA DAILY Over 80,000 workers at Hengli Heavy Industry’s shipyard on Changxing Island in Dalian, Northeast China’s Liaoning province, are working around the clock across four slipways and four world-class dry docks. Over 30 vessels under construction are berthed along the coastline…

Lindt eyes further growth in China

Seeing China as a key market for future growth, Swiss chocolate producer Lindt & Sprungli is stepping up efforts to invest in the country. Michal Spiller, chief executive officer of Lindt & Sprungli Germany, with country responsibility for Austria, China and Japan, said: “China is one of our strongest-performing markets. Over the past five years,…

Foreign trade to maintain momentum

An aerial drone photo taken on May 9, 2026 shows a China-Europe freight train bound for Hamburg, Germany departing from Putian Railway Station in Zhengzhou, Central China’s Henan province. [Photo/Xinhua] Despite uncertainty over global demand stemming from ongoing geopolitical conflicts, China’s exports are expected to remain a key driver of economic growth in 2026, supported…

Blueprint to boost consumption unveiled

China has unveiled its first five-year blueprint dedicated to boosting consumption, signaling a strategic shift toward making household spending a stronger engine of economic growth as the world’s second-largest economy seeks to build a more resilient and demand-driven economy by 2030, experts and business executives said. The plan, approved by the State Council, China’s Cabinet,…

China to accelerate construction of next-gen networks and infrastructure to support AI revolution

China will accelerate the planning and construction of next-generation communication networks and computing power infrastructure to build an integrated space-air-ground information network, a senior industry official said at the 2026 China Internet Conference held in Beijing. Zhong Zhihong, chief engineer of the Ministry of Industry and Information Technology, said that standing at the new historical…