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US needs to ‘work closely’ with China

Tariffs by the United States on Chinese goods will only raise US consumer costs while straining the global economy, a renowned professor of finance said. “At the end of the day, the US needs to work with China. There’s no doubt in my mind,” said Joseph Cherian, CEO, president, dean and distinguished professor of the…

15th China-Northeast Asia Expo to open on Aug 27

BEIJING — The 15th China-Northeast Asia Expo will be held in Changchun city, Jilin province, from Aug 27 to 31, the Ministry of Commerce announced at a press conference Tuesday. Highlighting the importance of the expo, Vice-Minister of Commerce Yan Dong said that Northeast Asian countries share geographical proximity, cultural bonds and strong commercial ties,…

Global woes call for deeper partnership

This aerial drone photo taken on July 10, 2025 shows a view of Longtan Container Terminal of Nanjing Port in Nanjing, East China’s Jiangsu province. [Photo/Xinhua] China and the Association of Southeast Asian Nations should continue to deepen their cooperation and explore new frontiers of win-win collaboration as the world is fraught with rising uncertainties,…

China-made ton-class eVTOL delivered

The V2000CG CarryAll, a ton-class electric vertical takeoff and landing aircraft, conducts a flight demonstration at a flight test base in Kunshan, East China’s Jiangsu province, on July 22, 2025. [Photo/Xinhua] SHANGHAI — A Chinese tech startup on Tuesday delivered a ton-class electric vertical takeoff and landing (eVTOL) aircraft, marking a breakthrough in the application…

Cooperation key to international supply chain security

Diplomats, scholars and corporate decision-makers gathered in Beijing on Thursday to chart a path toward more resilient global supply chains amid mounting geopolitical headwinds and trade fragmentation. The 15th CCG VIP Luncheon, hosted by the Center for China and Globalization — a leading Beijing-based think tank, offered a platform for dialogue on strengthening supply chains…

Hainan FTP’s independent customs operation set to boost market vitality

The launch of an independent customs operation in the Hainan Free Trade Port by the end of this year will substantially reduce business costs, stimulate market vitality and boost free trade at the port, senior government officials said on Wednesday. They also said the move will introduce comprehensive trade and tax liberalization measures aimed at…

Zhao Houlin: World Internet Conference provides digital cooperation platform for countries

Zhao Houlin, former secretary-general of the International Telecommunication Union, told China Daily Website that fragmentation, digital divide and geopolitical issues remain challenges in cyberspace, and it’s vital to build an open and inclusive platform. He noted that while countries differ in conditions, they share same development goals. China can share its development experiences with other…

Shanghai’s GDP up significantly for first half of 2025

Shanghai’s GDP grew 5.1 percent year-on-year to top 2.6 trillion yuan ($360 billion) in the first half of this year, the municipal statistics bureau announced on Friday. The third industry showed a robust 5.4 percent year-on-year increase to see its added value approaching 2.1 trillion yuan ($29.29 billion) in the first six months of the…

CEO of the Asia School of Business : US-China cooperation key to a win-win future

Joseph Cherian, CEO, president, dean and distinguished professor of the Asia School of Business expressed during a recent interview that US tariffs on Chinese goods are unwise, and ultimately raise the cost of these goods for American consumers. “They are the two biggest economies in the world, and the rest of the world and the…