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PBOC to enhance policy adjustments and targeted approach

China’s central bank has newly flagged “structural divergence” in the economy, a shift that analysts said signals a greater likelihood of proactive easing in the second half of the year to cushion downside risks as imported inflation pressures begin to ease. In a statement late on Wednesday after the second-quarter meeting of its monetary policy…

Brembo, CFMOTO team up to advance premium motorcycles

Representatives from Brembo and CFMOTO pose after the two companies ink a long-term strategic partnership agreement on July 8, 2026, in Hangzhou, Zhejiang province. [Photo provided to chinadaily.com.cn] Brembo has signed a long-term strategic partnership agreement with CFMOTO to advance the development of the Chinese powersports company’s high-performance motorcycles for global markets. Under the agreement…

Drone maker praises Xinjiang’s friendly environment for low-altitude economy

Xinjiang Uygur autonomous region’s vast frontier regions, with their combination of diverse topography and market demand, serve as an ideal testing ground for the large-scale development of China’s low-altitude economy. Sun Liye, vice-president of United Aircraft, a drone maker, told China Daily website that drone from the company already blanket 2,000 mu of farmland per…

Consumer vouchers in pipeline for summer holidays

XINING — China on Wednesday launched a national summer holiday cultural and tourism consumption campaign, with more than 450 million yuan ($66 million) worth of consumer vouchers to be distributed. Organized by the Ministry of Culture and Tourism, the campaign aims to improve the supply of seasonal tourism products and services and encourage people to…

Explore Key figures on Europe: 2026 edition

Today, Eurostat releases the 2026 edition of Key figures on Europe. The publication offers a broad overview of recent developments in the EU through statistics. It covers topics ranging from people and society to the economy, business, environment and natural resources. Did you know that in 2025, 9.1% of young people in the EU left…

‘2026 Shanghai Summer’ spotlight immersive riverside experiences

A series of events is being rolled out across Xuhui district in Shanghai to create immersive riverside night consumption experiences. [Photo provided to chinadaily.com.cn] A series of high-profile events is enhancing immersive riverside nighttime consumption experiences in Xuhui district, following the launch ceremony of the 2026 Shanghai Summer campaign held on July 3 at the…

China’s new energy vehicle output, sales both exceed 7m in H1

People visit an auto show in Jinan, East China’s Shandong province, April 10, 2026. [Photo/Xinhua] BEIJING – China’s new energy vehicle (NEV) sector reported continued growth in the first half of 2026, with output and sales both exceeding 7 million units during the period, latest industry data showed on Thursday. NEV output from January to…

Japanese brand faces backlash over controversial Qixi festival post

Japanese mask brand Pitta Mask, made by Arax Co Ltd, has drawn criticism on Chinese social media after a promotional post referencing Qixi Festival sparked controversy over its timing and historical implications. The post, published on the afternoon of July 6, said: “Tomorrow is Qixi Festival. The true romance of Qixi — China’s traditional Valentine’s…