Vehicles to be loaded for export are parked at a port in Shanghai on April 13. LONG WEI/FOR CHINA DAILY Chinese car exports experienced a surge in the first quarter despite looming US tariff threats, driven primarily by enhanced product competitiveness and a slight sales growth in Global South countries, said Cui Dongshu, secretary-general of…
Tourists take photos at the Bund area of Shanghai. [Photo by Wang Gang/For China Daily] Shanghai registered 5.1 percent GDP growth in the first quarter of 2025, up 0.1 percentage point year-on-year, the municipal government said on Wednesday. The first quarter GDP growth was also 0.1 percentage point higher than the whole-year growth of 2024.…
An aerial drone photo shows visitors enjoying the cityscape at The Stage, a new observation deck atop White Magnolia Plaza in Shanghai, East China, April 14, 2025. [Photo/Xinhua] BEIJING – Shanghai’s international financial center construction process is progressing soundly and features notable achievements, particularly through pioneering reforms in cross-border financial services, a central bank official…
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Mercedes-Benz holds a brand day on April 22, 2025 in Shanghai. [Photo provided to chinadaily.com.cn] China’s top-level innovation dynamism and world-class supplier network make it essential for Mercedes-Benz, said Ola Kaellenius, chairman of the German premium carmaker’s board of management, on Tuesday. “That is why you have to be in China. You have to be…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, April 22, 2025. [Photo/Agencies] NEW YORK — US stocks advanced on Tuesday, as investors grew optimistic that US-China trade tensions may soon ease, following reassuring remarks from the US Treasury Department. The Dow Jones Industrial Average rose 1,016.57…
SHENZHEN — Chinese leading electric vehicle manufacturer BYD has launched the world’s largest cargo ship for vehicles, marking a significant advancement in its global sales and supply chain layout. The 219-meter-long, 37.7-meter-wide BYD Shenzhen was delivered on Tuesday in the city of Yizheng, East China’s Jiangsu province. This LNG dual-fuel car carrier has a loading…