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China’s service trade grows in Q1 amid tourism boom

BEIJING — China’s trade in services expanded 2.3 percent year-on-year in the first quarter (Q1) of 2026, with stellar growth recorded in travel service exports, data from the Ministry of Commerce showed on Friday. The total value of service imports and exports reached over 1.8 trillion yuan (about $262.8 billion) in the first three months…

China to boost mutual empowerment of AI, energy

An aerial drone photo taken on May 17, 2025 shows a photovoltaic base with a capacity of one million kilowatts in Dalad Banner of Ordos, North China’s Inner Mongolia autonomous region. [Photo/Xinhua] BEIJING — Chinese authorities have recently issued an action plan that aims to promote the mutual empowerment of artificial intelligence (AI) and energy.…

Bicycle industry sees upward trend

A visitor test-rides a bicycle at the 2026 China International Bicycle Fair in East China’s Shanghai, May 6, 2026. The four-day 2026 China International Bicycle Fair kicked off at Shanghai New International Expo Centre on Tuesday. [Photo/Xinhua] SHANGHAI — China’s bicycle sector registered steady production growth in 2025, with total output hitting 110.8 million units,…

China reports significant progress in business environment improvement

BEIJING – China has made significant progress in improving its business environment, according to a report released on Friday by the National Development and Reform Commission, the country’s top economic planner. The report provides a comprehensive overview of the country’s achievements in enhancing the ease of doing business. Based on detailed data, the report focuses…

Rolls-Royce eyes growth in China’s aviation sector

A view of the booth of Rolls-Royce during an expo in Shanghai. CHINA DAILY As China’s aviation market enters a new stage of expansion, Rolls-Royce is strengthening its long-term presence in the country, viewing the market as not only key for growth, but also as an increasingly important hub for maintenance services and supply chain…

Make yourself at home with a delivery from China

A Chinese-made expandable container house is installed by YouTube content creators in the United States. Provided to China Daily A fully furnished home for less than $20,000 might sound improbable in today’s housing market; yet one such unit has made its way across the Pacific to the United States. Spanning 770 square feet (about 71.5…

Austrian firms set to deepen footprint in Chinese market

As China advances high-quality development and opening-up, Austrian enterprises are looking to deepen their engagement with the nation, highlighting opportunities in advanced manufacturing, green development and fast-evolving consumer demand. Austria’s business community “has a lot of admiration for the progress China has made over the years,” said Franz Roessler, the commercial counselor at the Austrian embassy…

Marelli to boost strategic investments in China

Marelli Holdings Co, a Japan-based multinational automotive parts manufacturer, will deepen its strategic presence in China in areas such as smart lighting, electronics, thermal management, and intelligent cockpit technologies to better serve Chinese automakers and support their overseas expansion, according to a senior executive. Shen Kelei, the group’s executive vice-president and president of Marelli China,…

EU risks $434 billion loss if Chinese suppliers are excluded: report

This photo taken on June 6, 2024 shows an exterior view of the European Parliament in Brussels, Belgium. [Photo/Xinhua] The European Union could face an estimated €367.8 billion ($434 billion) loss over the next five years should Brussels exclude Chinese suppliers under a proposed revision of its Cybersecurity Act, according to a joint report by…

Euro dominates extra-EU trade in primary goods

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