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China’s major economic powerhouses contributed 62.2% to national growth in 2025

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BEIJING — China’s 10 top provincial regions by gross domestic product (GDP) accounted for 62.2 percent of the country’s overall economic growth in 2025, according to recent data released by all such regions. The 10 top-performing regions, including Guangdong, Jiangsu and Shandong, helped boost the national growth rate by 3.1 percentage points, the data shows.…

China’s logistics costs-to-GDP ratio hits record low in 2025

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Employees sort parcels at an express delivery transfer center in Shijiazhuang’s Luancheng district, Hebei province, on Jan 28. Li Mingfa/For China Daily BEIJING — China’s ratio of total social logistics costs to gross domestic product (GDP) fell to 13.9 percent in 2025, dropping below the 14 percent threshold for the first time, the country’s top…

Aumovio sets up China management board for a deeper localization push

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Aumovio CEO Philipp von Hirschheydt (middle) and members of the German company’s China management board pose for a photo on Feb 3 in Shanghai. CHINA DAILY Aumovio has established a China management board, the first of its kind in the German automotive supplier’s global operations, as part of its efforts to enable the Chinese team’s…

China’s CPI up 0.2% in Jan

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January sales see annual rise

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Hundreds of vehicles await export in Lianyungang in Jiangsu province on Jan 13. WANG CHUN/FOR CHINA DAILY Due to factors such as policy adjustments and the traditional offseason, many automakers saw a month-on-month decline but a year-on-year increase in January sales. Expansion into overseas markets has become an important growth driver for these companies. Passenger…

‘Made in China’ redefined

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A visitor checks products from Chinese cosmetics brand Florasis during the 27th China Beauty Expo on May 12 in Shanghai. CHINA DAILY BEIJING — For Selena, a consumer from Spain, traditional Chinese culture came alive in an unexpected way: a makeup palette. The compact from Chinese cosmetics brand Florasis, intricately engraved with a phoenix, struck…

Growing tourist footfalls proof of vitality

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MA XUEJING/CHINA DAILY The Year of the Horse is galloping in, symbolizing vitality and forward momentum — a fitting tribute to China’s inbound tourism, which is witnessing a surge in international visitors who have come, explored, and left with memories and also suitcases bursting at the seams. Drawn by streamlined visas and seamless payments, as…

New commercial mediation rule bolsters business environment

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On Dec 31, the State Council — China’s Cabinet — issued the Regulation on Commercial Mediation, which will come into effect on May 1. As China’s first administrative rule specifically targeting commercial mediation, the promulgation of the 33-article regulation marks a new stage in the systematization and legalization of the country’s commercial dispute resolution mechanism.…

New commercial mediation rule bolsters business environment

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On Dec 31, the State Council — China’s Cabinet — issued the Regulation on Commercial Mediation, which will come into effect on May 1. As China’s first administrative rule specifically targeting commercial mediation, the promulgation of the 33-article regulation marks a new stage in the systematization and legalization of the country’s commercial dispute resolution mechanism.…