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AIIB hailed as pioneer in intl financial governance

Premier Li Qiang interacts with guests on Thursday at the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank in Beijing. Li addressed the opening ceremony of the meeting on the same day. WANG ZHUANGFEI/CHINA DAILY Premier Li Qiang said on Thursday that the Beijing-based Asian Infrastructure Investment Bank has…

China to further ramp up policy support to boost consumption, stabilize growth

People visit the 4th China-CEEC Expo & International Consumer Goods Fair in Ningbo, East China’s Zhejiang province, May 22, 2025. [Photo/Xinhua] China will continue to ramp up policy support to boost consumption and stabilize economic growth, officials and experts said in Beijing on Thursday. Amid a more complex and challenging external environment, China’s economy operated…

Bayer and Tsinghua agree latest installment of pharmaceutical partnership

Logo of Bayer Group is pictured outside a plant. [Photo provided to China Daily] The pharmaceutical firm Bayer and Tsinghua University have agreed the sixth phase of a collaboration agreement as part of efforts to accelerate the translation of cutting-edge science into pharmaceutical innovation in China. The agreement aims to further facilitate the translation of…

World AI Conference 2025 to be held on 70,000 sq m, a new record

The World AI Conference 2025, which will be held in Shanghai from July 26 to 28, will see its exhibition area hit a record high of 70,000 square meters, said the conference organizer during the WAIC’s 30-day countdown news conference held on Thursday. More than 800 companies will showcase over 3,000 frontier products and technologies,…

Nansha-LA shipping route set to open in July with 14-day direct delivery

A premium shipping route from South China to the West Coast of the United States, the first direct point-to-point route of its kind, is expected to open in July, according to the route’s operators. The route was jointly announced by Guangzhou Port Group and Hede Shipping of Hebei Port Group on Wednesday. It will dramatically…

Kicking back with Ronaldo

To help fuel local excitement for the FIFA Club World Cup 2025, Brazilian football legend Ronaldo recently returned to China. In an exclusive interview with China Daily, Ronaldo said that he always enjoys visiting the country to connect and interact with its vibrant football community, and that he hopes anyone who loves the sport can…

Jingmen candles light up global markets

Various styles and charming scents candles. [Photo by He Mengxue/ for chinadaily.com.cn] Jingmen Xinlin Candle Industry Co Ltd, based in Jingmen city, Hubei province, annually produces 10 million candles sold to international markets. Entering Xinlin’s showroom, visitors are welcomed by the rich fragrances of various candle types—cup, ball, pillar, and decorative candles—each a vibrant masterpiece…

Beijing warns countries against signing trade deals with US that hurt Chinese interests

A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] China firmly opposes any country entering into trade agreements with the United States that compromise Chinese interests in exchange for the so-called tariff relief, said the Ministry of Commerce. China will not accept it and will take firm countermeasures to protect its legitimate…

Longi kicks off building of solar plant in Indonesia

Chinese solar power giant Longi Green Energy Technology Co Ltd announced on Wednesday that it has kicked off a strategic project to establish a photovoltaic panel manufacturing facility in Indonesia. The facility, in collaboration with Pertamina New and Renewable Energy (Pertamina NRE) — a subsidiary of Indonesian state-owned energy company Pertamina — underscores a shared…

Soaring demand promotes use of green methane in shipping

The nation’s first batch of large-scale green methane will be produced and applied in bunkering a commercial logistics vessel in July, marking the fact that a closed-loop from R&D to application of this clean fuel has been established, according to a senior executive of the green methane producer. A demonstration project located in Taonan in…