Skip to content

admin

SAMR vows fairer market environment

  • by

China is looking to play a bigger role in shaping global antitrust rules, especially in the artificial intelligence era, as senior market regulator officials and renowned industry experts vowed to boost antitrust at home while expanding international cooperation. Speaking at the 11th International Forum on Fair Competition Policy of China in Beijing on Monday, Luo…

Bayer steps up innovation focus in China market

  • by

Bayer Co.Lab, a global life sciences incubator network by German multinational company Bayer, has announced the launch of Bayer Co.Lab AdVenture, its inaugural global platform connecting with venture capital partners. At an event in Shanghai to mark the network’s anniversary in China, it also announced the induction of two new Chinese biotech startups into the…

Key outbound investment index unveiled

  • by

Employees work on a construction project supported by a Chinese port infrastructure enterprise at Cotonou Port, Benin, on July 8. SI YUAN/XINHUA China has introduced its first-ever China Outward Direct Investment Index, a milestone in measuring the efficacy, vitality and patterns of the country’s overseas outreach, officials and experts said. Together with the latest statistical bulletin…

New model reshapes hybrid sedan market

  • by

[Photo provided to chinadaily.com.cn] For a long time, in the mid-to-large-sized hybrid sedan market, most models only have core configurations such as four-wheel drive, lidar, high-performance computing chips in their high-end versions, and their prices are generally high. The Lynk & Co 10 EM-P, which debuted on Sept 8, has reshaped the competitive logic of…

Aeolus Tyre Co has roadmap for growth

  • by

Visitors check products at Aeolus Tyre’s booth during a trade fair in Belo Horizonte, Brazil, in Sept 2024. [Photo provided to chinadaily.com.cn] Aeolus Tyre Co Ltd, a subsidiary of the State-owned Sinochem Holdings Corp Ltd, will ramp up production of premium truck and bus tires as well as seeking innovations in off-the-road and specialty tires…

Local currency swaps to deepen monetary ties

  • by

China has renewed local currency swaps with three European central banks totaling 540 billion yuan ($75 billion), a move experts said highlights deepening monetary cooperation to safeguard financial stability and the renminbi’s growing global role amid efforts to diversify from the dollar-based system. On the sidelines of the bimonthly meetings of governors held by the…

China views sports industry as new growth driver in next five years

  • by

BEIJING — China seeks to further boost the sports industry with continued government support in terms of planning, construction and funding over the next five years, as it sees this burgeoning sector as a new driver for economic growth. According to the National Development and Reform Commission (NDRC), China’s top economic planner, promoting the development…

UK shines as guest country of honor at CIFIT 2025

  • by

The 25th China International Fair for Investment & Trade (CIFIT) kicked off on Sept 8 in Xiamen, Fujian province, with the United Kingdom making a standout appearance as this year’s guest country of honor. The UK has brought its largest-ever business delegation to CIFIT, featuring over 100 companies and organizations. Tanks to chinadaily.com.cn Please visit:…

China set to revise Foreign Trade Law to address challenges

  • by

An aerial drone photo shows a view of the container terminal of Zhoushan Port in Ningbo, East China’s Zhejiang province, Jan 4, 2025. [Photo/Xinhua] Lawmakers in China are reviewing a draft revision to the country’s Foreign Trade Law, which seeks to elevate multiple reform measures into national legislation in response to a rapidly evolving global…

Hangzhou International Day highlights innovation and global cooperation

  • by

The 8th Hangzhou International Day kicks off in Hangzhou, East China’s Zhejiang province on Sept 5, 2025. [Photo/VCG]   Showcasing the city’s growing role as a hub of technological innovation, cultural exchange and international cooperation, the 8th Hangzhou International Day kicked off recently. This year’s theme, “Hangzhou, A Paradise Where AI Booms and Culture Blooms,” underscored…