A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China’s fiscal revenue decline narrowed in the first five months, with tax revenue continuing to recover steadily and certain industries maintaining solid tax contributions, according to the latest official data released by the Ministry of Finance on Friday. China’s…
As a global pioneer in commercializing 5G-advanced, or 5G-A, technology which plays a key role in bridging 5G to 6G, China has already deployed such networks in over 300 cities, according to the Ministry of Industry and Information Technology. The progress showcases China’s first-mover advantage in defining the next-generation network, which is of crucial importance…
China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] China and the European Union have agreed to make joint efforts, based on the principle of mutual benefit, to lay a solid foundation for advancing this year’s key bilateral agenda, said the Ministry of Commerce. They also agreed to promote the sound,…
Zhao Chunling, chief designer of China’s homegrown wide-body C929 aircraft at Commercial Aircraft Corporation of China Ltd (COMAC), is pictured at a research institute of COMAC in Shanghai, March 5, 2025. [Photo/Xinhua] Domestic aircraft manufacturer Commercial Aircraft Corp of China has signed new memorandums of understanding with foreign suppliers for its wide-body C929 aircraft model…
Consumers discuss details about a cell phone with an assistant at a shopping mall in Shushan district, Hefei, Anhui province, April 26, 2025. [Photo/VCG] China’s consumer products trade-in policy will remain unchanged this year, and different regions’ overall progress of using the subsidies is in line with expectations. The subsequent fund will be allocated in…
Chinese home appliance manufacturer Hisense Group is intensifying efforts to expand its global presence by sponsoring world-class sports events, and bolstering technological advancements to target the overseas high-end market. Being the inaugural official partner of the FIFA Club World Cup 2025, which kicked off on Sunday in the United States, the company is providing screen…
Shoppers browse digital products offering trade-in subsidies at a store in Hefei, Anhui province. CHEN SANHU/FOR CHINA DAILY BEIJING — China has reaffirmed its support for the national consumer goods trade-in program, ensuring continued funding to sustain the government subsidy payment throughout 2025. The program, a key part of the country’s broader strategy to stimulate…
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Laopu Gold Co, the fast-rising Chinese heritage gold jewelry brand, is shaking up the global luxury scene with a stock price that has surged more than 22-fold since its June 2024 debut and a market value of HK$152.2 billion ($19.39 billion). Trading at HK$881 from an IPO price of HK$40.5 on the Hong Kong stock…
A woman takes selfie with art toys in a new Pop Mart offline store in Bangkok, Thailand, July 5, 2024. [Photo/Xinhua] Dongguan, Guangdong province, a manufacturing hub for the global toy industry, is undergoing a transformation to make more collectible and designer toys, driven by domestic demand and international appeal. From contract manufacturing to original…