China’s financing activity showed solid momentum at the start of 2026, with a steady expansion in financial aggregates and rising spending appetites among market players, official data showed on Friday. The country’s aggregate social financing — the total amount of financing to the real economy — reached 9.6 trillion yuan ($1.39 trillion) in the first…
Feng Yunduan (first left), chairman of DeepVein Holdings, says to visitors at the 2026 Appliance and Electronics World Expo, which got underway in Shanghai on March 12, that the deep integration of AI and mining is a key engine for promoting the upgrade of traditional mining industries. [Photo provided to chinadaily.com.cn] As the global mining…
Artificial intelligence is expected to boost efficiency, streamline decision-making and reshape the organizational structure of chip companies, while increasing demand for higher-skilled engineers, said Sun Yumin, an executive from Silergy. He made the remarks during a speech at the Hong Kong Web3 Festival while discussing the profound impact of AI on chip enterprises. Sun said…
The Hong Kong Special Administrative Region should reinforce its role as the world’s leading offshore renminbi hub to help advance the internationalization of the Chinese currency and support Beijing’s efforts of building a stronger financial system, Adam Kwok, a national political adviser, said. Kwok, a member of the National Committee of Chinese People’s Political Consultative…
An aerospace conference and exhibition to establish a premier industry platform for China’s commercial aerospace sector kicks off on March 12, 2026 in Shanghai. [Photo provided to chinadaily.com.cn] An aerospace conference and exhibition with an aim of establishing a premier industry platform for China’s commercial aerospace sector kicked off on Thursday in Shanghai. The event…
Executives and guests attend an event announcing the first China office of Almirall, S.A., a Barcelona-based global biopharmaceutical company, in Shanghai on Thursday. [Photo provided to chinadaily.com.cn] Almirall, S.A., a Barcelona-based global biopharmaceutical company dedicated to medical dermatology, inaugurated its first China office in Shanghai on Thursday, aiming to create additional opportunities for innovation in medical…
China will impose anti-dumping duties on imports of halogenated butyl rubber originating from Japan and Canada starting on Saturday, after a government investigation concluded that such imports were dumped into the Chinese market and caused material injury to the domestic industry. According to a statement released by the Ministry of Commerce on Friday, the decision…
China’s “Shopping in China” initiative is creating new opportunities for multinational companies as the country steps up efforts to boost inbound consumption and further open its consumer market, said Harley Seyedin, chairman and president of the American Chamber of Commerce in South China. “The ‘Shopping in China’ initiative marks a strategic shift that is transforming…
Chinese Vice-Premier He Lifeng will lead a delegation to France for the sixth round of China-US economic and trade consultations, scheduled to run from Saturday to Tuesday, the Ministry of Commerce said on Friday. The two sides will discuss economic and trade issues of mutual concern, according to the ministry. Tanks to chinadaily.com.cn Please visit:…
Elevator and escalator manufacturer KONE is doubling down on the Chinese market, its largest single market, as it rolls out ambitious modernization and digitalization initiatives. The Chinese market accounts for about 20 percent of the company’s global revenue. Joe Bao, president of KONE Greater China, said: “China hosts our largest manufacturing site, serving the local market…