BEIJING — China is currently engaged in negotiations with the European Union within the framework of the World Trade Organization on the EU’s plan to implement new steel tariffs from July 1 this year, the Ministry of Commerce said Thursday. The EU’s move is essentially trade protectionism, which not only fails to uphold the competitiveness…
SAIC delivers its 100 millionth vehicle, an IM LS9 Hyper, in Shanghai on May 28, 2026. [Photo provided to chinadaily.com.cn] SAIC Motor said on Thursday it has become the first Chinese automaker to reach 100 million cumulative vehicle production and sales, marking a milestone in the country’s largest auto group’s global development. The milestone was…
Huawei unveils the all-new Aito M9 SUV. [Photo provided to chinadaily.com.cn] Huawei Technologies Co’s automotive ambitions took another leap forward on Wednesday with the launch of the all-new Aito M9, as the Chinese company declared the luxury SUV “ready for Level 3 autonomous driving”. The upgraded Aito M9 comes equipped with 140 all-new technologies and…
New York-based Chinese graphic designer Wanqing Zhang creates the Semicolon app to address the significant global economic losses caused by depression and anxiety. [Photo provided to chinadaily.com.cn] A New York-based Chinese graphic designer, Wanqing Zhang, has come to see an intertwined contradiction — global economic losses from depression and anxiety hit some $1 trillion annually,…
Chinese social media platform Xiaohongshu, also known as RedNote, has secured the broadcasting rights for the 2026 FIFA World Cup, with all 104 matches to be available free of charge through live streams, replays and highlight clips on the platform. Users will be able to watch matches via the Xiaohongshu app, its web platform and…
An image shows a wind farm in Rongcheng, Shandong province, on May 8. LI XINJUN/FOR CHINA DAILY As China’s green and low-carbon energy transition accelerates, bringing challenges such as the integration of fast-growing renewable power, industry experts are calling for the country to step up efforts in adopting targeted consumption strategies. “During the 15th Five-Year…
Tencent said on Wednesday it has connected its Tenpay Global cross border payment platform with PayPal World, allowing United States users visiting China to pay at tens of millions of merchants that accept WeChat Pay, in one of the biggest moves yet to bridge China’s mobile payment ecosystem with overseas wallets. The service will first…
A technician inspects semiconductor chip packaging in Binzhou, Shandong province, on Jan 28. GUO ZHIHUA/FOR CHINA DAILY China’s enterprise sales revenue registered steady growth in the first four months of the year, with multiple bright spots emerging across various sectors, according to the latest invoice data released by the State Taxation Administration. “The invoice data…
Visitors gather at a Pop Mart store in Shanghai on May 5. TANG KE/FOR CHINA DAILY Collectible toy giant Pop Mart has deepened its partnership-driven growth strategy through a new Twinkle Twinkle collaboration with McDonald’s China. Since launching on May 20, the campaign has drawn long queues, social media buzz and growing resale prices, with…
The two-day 2026 BRICS Forum on Partnership on New Industrial Revolution opened on Wednesday in Xiamen, Fujian province, marking the launch of an international cooperation initiative on intelligent manufacturing and a new partnership city network to boost cooperation. The new manufacturing initiative, jointly launched by the International Coalition of Intelligent Manufacturing and leading companies to…