Bank of China and the insurer PICC Group jointly released on Thursday the action plan to support Shanghai’s efforts to develop itself into an international shipping center. The action plan has introduced 10 detailed measures covering the three major areas of shipping security, the facilitation of shipping services and green transition. It is aimed to…
KUNMING — The 9th China-South Asia Expo opened on Thursday in Kunming, capital of Southwest China’s Yunnan province, drawing representatives from 73 countries, regions and international organizations, as well as more than 2,500 enterprises. The six-day event has brought together all South and Southeast Asian nations, featuring 16 exhibition halls, nearly 70 percent of which…
China will further streamline the approval process for compliant rare earth export applications, said the Ministry of Commerce on Thursday. [Photo/Xinhua] China will further streamline the approval process for compliant rare earth export applications, said the Ministry of Commerce on Thursday. At a weekly news conference in Beijing, He Yadong, a spokesman of the ministry said…
An AI robot on display attracts visitors during the recent 2024 World Intelligence Expo in Tianjin. TONG YU/CHINA NEWS SERVICE BEIJING — China’s surging technology innovation is rewriting the playbook for foreign investors, with the country’s booming tech sector having reshaped expectations regarding its long-term growth potential. The latest example came as Goldman Sachs unveiled…
A Booster T1 humanoid robot plays football in Beijing Economic-Technological Development Area in Beijing, capital of China, on June 17, 2025. [Photo/Xinhua] Beijing is fast emerging as a global hub for humanoid robotics, driven by tech breakthroughs, surging industry growth and upcoming world-class events that highlight China’s push in artificial intelligence and smart manufacturing. In…
The Export-Import Bank of China released on Thursday a 10-bllion-yuan ($1.4 billion) bond to stabilize foreign trade. With one-year maturity, the bond will be used to support Shanghai-based foreign trade companies from the industries of shipping, high-tech, energy supply, and those from the key sectors along the industrial and supply chains. The product has already…
Visitors check out imported products at a trade expo in Langfang, Hebei province, in June. WANG MIN/XINHUA Multinational corporations are strategically positioning China as a “critical market” in their global operations, driven by the country’s systemic business reforms and long-term investment appeal, according to an industry analysis by the Hurun Research Institute. “Through systematic business…
An aerial drone photo taken on Feb 2, 2024 shows a container vessel berthing at a container terminal of Tianjin Port in North China’s Tianjin. [Photo/Xinhua] CAIRO — China’s open policies have promoted fair trade relations with other countries in a way that helps to share interests, an Egyptian economist has said. “International openness and…
South Africa’s booth at travel trade fair ITB China 2025 in Shanghai on May 27. CHINA DAILY Thousands of people flocked to Foshan, South China’s Guangdong province, during this year’s Dragon Boat Festival to witness dragon boat races, a local tradition that has been kept intact for hundreds of years. Air ticket bookings via online…
A pedestrian passes the Shanghai Stock Exchange in Pudong New Area. WANG GANG/FOR CHINA DAILY The new reform measures introduced for the STAR Market on the Shanghai Stock Exchange will further boost innovation activity, thus creating more growth impetus for China’s high-quality economic growth, said experts. Their comments were made on Wednesday, when the new…