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Brace for Impact: von der Leyen Warns of a New China Shock

China still defines itself as a developing countryUrsula von der LeyenVon der Leyen’s statement goes straight to the core contradiction in China’s positioning as a leader of the Global South. Under its narrative, China presents itself as a fellow Global South country that once endured colonial humiliation and poverty. It portrays itself as a model…

Students showcase rural revitalization through photography at Apple event

A visitor enjoys the photos taken by students participating in the Today at Apple Creative Camp in Beijing. [Photo provided to chinadaily.com.cn] Chinese university students are using their phones and computers to create powerful visual narratives on rural revitalization, intangible cultural heritage, and everyday warmth at an initiative co-organized by Apple and the China Foundation…

Enhanced transport options deliver new business opportunities

A container ship carries new energy vehicle parts at Qinzhou Port in Qinzhou, Guangxi Zhuang autonomous region, in October. ZHANG AILIN/XINHUA CHONGQING — The inland municipality of Chongqing, where mountains and hills account for 90 percent of its terrain, has been transforming itself into a pivotal logistics nexus, linking the world via multiple trade arteries.…

Outgoing CEO reflects on ‘rewarding’ China journey

Stefan Mecha (middle), CEO of Volkswagen China Passenger Cars Brand, speaks at a farewell media roundtable in Beijing on June 17. LI FUSHENG/CHINA DAILY As Stefan Mecha prepares to conclude his tenure as CEO of Volkswagen China Passenger Cars Brand, he departs with a mixture of pride, reluctance, and deep admiration for a market he calls…

MNCs positive about China biz outlook

A view of the financial center of Shanghai’s Pudong New Area. WANG GANG/FOR CHINA DAILY China’s expanding market size and continuously improving business environment are attracting more multinational companies, leading to a more diverse source of foreign investment in sectors related to new quality productive forces, according to a new report. Last year, actual utilized…

Data storage giant bullish about China market

Ban-seng Teh, executive vice-president and chief commercial officer of Seagate Technology. [Photo provided to China Daily] Seagate Technology, a global leader in data storage solutions, has expressed strong confidence in China’s market potential, emphasizing the transformative role of artificial intelligence in driving storage demand. According to IDC’s forecast, the compound annual growth rate of available…

Shanghai to improve biz environment

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] Further institutional innovation and deepened opening-up are crucial to strengthen Shanghai’s competitiveness as an international financial center, said experts. Their comments were made following the new action…

Global industrial policy shift poses risks, experts say

The world has entered a new and perilous era of industrial policy, where traditional goals of economic growth are being challenged and often displaced by urgent agendas of national security, supply chain resilience and climate change, a panel of leading economists and former policymakers warned on June 5. At a forum hosted by the Peterson…

Breakthrough 3D printer catches eye at Shanghai Expo

At the 22nd China International Foundry Expo in Shanghai, the 3DPTEK-J4000, a 4-meter sand 3D printer developed by Beijing 3D Printing Technology Co Ltd, or 3DPTEK, drew widespread attention for pushing the boundaries of industrial manufacturing. The J4000 solves a long-standing challenge in producing giant castings such as ship engines and turbine housings. Traditionally, these…

Huawei plans mass hiring of uni graduates

Huawei Technologies Co said it plans to hire more than 10,000 university graduates in 2025, a double-digit increase compared to 2024, with over 60 types of positions, including artificial intelligence engineers, software development engineers, hardware engineers and AI algorithm engineers. Huawei said it is doubling down on efforts to nurture and recruit high-end talents in…