Vice-Premier He Lifeng meets with US Treasury Secretary Scott Bessent on Wednesday ahead of China-US economic and trade consultations in the Republic of Korea. ZHANG XIAOYU/XINHUA Delegations from China and the United States held candid, in-depth and constructive consultations on Wednesday on economic and trade issues of mutual concern and ways to deepen practical cooperation,…
Visitors taste wine from California at the food and agriculture pavilion of the United States last year during the 8th China International Import Expo in Shanghai. The pavilion covered 350 square meters and featured 19 exhibitors, both record highs for the event. PROVIDED TO CHINA DAILY Business leaders from the United States have voiced their…
BEIJING – China’s State Administration for Market Regulation (SAMR) on Wednesday announced a nationwide campaign aimed at tackling obstacles to building a unified national market and fostering fair competition. Running from May to December, the campaign will focus on problems that impede fair market access and independent business operations, as well as those that restrict…
Construction site of the Ulaanqab wind power base. [Photo/WeChat account of State Power Investment Corporation Limited’s Inner Mongolia Company] The second phase of the 1.2 million-kilowatt on-site consumption project of the 6 million-kW Ulaanqab wind power base began construction on May 10, marked by the first concrete pouring for the foundation of a booster substation.…
BEIJING – At a time of persistent global uncertainty, the business communities of China and the United States have continued to navigate economic headwinds through pragmatic cooperation, delivering a strong vote of confidence on their mutually beneficial economic ties. The upcoming China International Supply Chain Expo offers a prime example. Participation by US firms at…
BEIJING — China’s railway construction made steady progress in the first four months of 2026, with fixed-asset investment expanding 3.2 percent year-on-year, according to the country’s railway operator. During the January-April period, fixed-asset investment in the railway sector reached 200.8 billion yuan (about $29.34 billion), according to data from China State Railway Group Co Ltd.…
A groundbreaking ceremony is held on May 12 to mark the start of construction of an artificial intelligence-powered central air conditioning manufacturing base in Rayong, Thailand. [Photo provided to chinadaily.com.cn] Chinese home appliance giant Haier broke ground on an artificial intelligence-powered central air conditioning manufacturing base in Rayong, Thailand on Tuesday, marking a major step…
Guangdong’s trade volume with its top three trade partners — the Association of Southeast Asian Nations, Hong Kong Special Administrative region and European Union — grew year-on-year by 10.8 percent, 40.5 percent and 10.4 percent respectively in the first four months, hitting 540.55 billion yuan ($79.49 billion), 521.24 billion yuan and 379.85 billion yuan each.…
China’s ChiNext Index surged 2.63 percent on Wednesday, breaking through 4,037.96 points — its previous record from the 2015 bull market — to set a new all-time high. The rally extended the index’s strong upward momentum this year, with the ChiNext Index, which tracks China’s Nasdaq-style board for growth enterprises, gaining 26 percent year-to-date to…
China will step up international cooperation with other APEC economies to promote the electrification and intelligent transformation of the global automotive industry, officials and experts said. Wang Weiming, director-general of the first department of equipment manufacturing industry at the Ministry of Industry and Information Technology and co-chair of the 43rd APEC Automotive Dialogue which kicked…