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Pumped-storage hydropower to level up

China’s pumped-storage hydroelectricity industry is gearing up for opportunities during the 15th Five-Year Plan (2026-30) period, serving as a critical engine for the nation’s green transition and long-term energy security, said experts. During the next five years, the country expects to see some 100 million kilowatts of new pumped-storage capacity become operational, with an average…

INTA commends China’s advanced IP ecosystem

China’s rapid rise in innovation-driven industries is being matched by steady progress in intellectual property protection, as improved legal frameworks and growing international engagement inject new momentum into the country’s IP ecosystem, said Etienne Sanz de Acedo, chief executive officer of the International Trademark Association. “China is now a powerhouse in patent and trademark activity,…

Retail MNC seen recalibrating Beijing store presence

Walmart is reported to be planning a recalibration of its physical retail presence in Beijing through the introduction of a new generation of smaller-format stores, signaling a strategic shift in response to the country’s rapidly evolving retail landscape. The step will mark a significant development as Walmart has, for some years, refrained from prioritizing the…

Supply Chain Expo – Chinadaily.com.cn

A visitor walks through the international healthcare consumption section of the sixth China International Consumer Products Expo in Qionghai, Hainan province, on April 16. GAO JING/XINHUA For Michael Heilig, who is from Germany’s federal association for small and medium-sized enterprises, his trip to Hainan province last week felt almost destined. His Chinese name, “Hai Li…

Summit spotlights market for MNCs

China’s large domestic market and commitment to high-standard opening-up continue to appeal strongly to international businesses. As highlighted at the 7th Qingdao Multinationals Summit, which kicked off on Tuesday in Qingdao, Shandong province, China will further boost domestic demand during the 15th Five-Year Plan (2026-30), creating substantial new opportunities for multinational companies around the world.…

Nation promotes safe AI adoption in finance

China has called for stronger risk-based, tiered management of the development and application of artificial intelligence at banking and insurance institutions, in order to effectively address the challenges posed by AI development while better serving the real economy and meeting the needs of the public. The National Financial Regulatory Administration said on Thursday that it…

China evolves as ‘world’s market’

China’s transition from the “world’s factory” to the “world’s market” is gaining pace, as the country increasingly relies on domestic demand to drive growth while opening its vast consumer base to high-quality imports from around the globe, economists and executives said. The pledge to boost imports, outlined in the nation’s 15th Five-Year Plan (2026-30), will…

Analysts upbeat on A-share mkt

A billboard in Shanghai displays key indexes of Chinese mainland stock markets. CHINA DAILY Analysts expect a slower but more sustained market uptrend for China equities, supported by the economy’s resilience, a more market-friendly policy backdrop, attractive valuations, improving corporate earnings and the prospect of fresh capital inflows. On Tuesday, China’s benchmark Shanghai Composite Index…