Staff members operate at an assembly line of the north China base of FAW-Volkswagen in Tianjin, July 7, 2025. [Photo/Xinhua] Despite persistent global headwinds, recent economic data from China have demonstrated resilience in the first half of this year, coupled with a potential de-escalation of tensions between Beijing and Washington, prompting major foreign financial institutions…
Consumers check out services at a CAR Inc outlet in Xining, Qinghai province. SONG YU/FOR CHINA DAILY CAR Inc, one of China’s leading car rental companies, and Baidu Apollo, an open autonomous driving platform, jointly launched the world’s first self-driving car rental product for the public in Beijing on Tuesday. Users can book and experience the…
An aerial drone photo taken on Feb 2, 2024 shows a container vessel berthing at a container terminal of Tianjin Port in North China’s Tianjin. [Photo/Xinhua] China’s safety net — woven from robust domestic consumption, upgraded supply chains, and responsive policy levers — ensures that Beijing is well positioned to withstand Washington’s ever-broadening trade war…
Visitors dressed in Tang Dynasty costumes sample Adopt a Cow’s new dairy products at the Hangzhou Wildlife World station on June 7. CHINA DAILY As scorching temperatures continue to grip much of China, the country’s ice cream market is heating up — not just in terms of sales, but also in competition, innovation and strategic…
Visitors gather at a Chi Forest beverage store in New York on April 10. CHINA DAILY In June, convenience stores in Indonesia welcomed a new product line — Chi Forest’s ice teas, with flavors such as white peach jasmine and grapefruit green tea. The beverage maker’s rapid rise in Southeast Asia underscores its broader globalization strategy,…
BEIJING — China National Nuclear Corporation announced Saturday that the country’s largest natural uranium project has produced its first barrel of uranium, marking a new phase of sustainable and smart uranium mining in China. Located in Ordos in North China’s Inner Mongolia autonomous region, the “National No 1 Uranium” demonstration project, the country’s largest natural…
Visitors look at Chinese agricultural products during the ninth China-Russia Expo in Yekaterinburg, Russia. LIU KAI/XINHUA China-Russia trade is expected to experience sustained growth in the coming years, as the two countries have more room to advance cooperation in green energy, infrastructure development, logistics and advanced manufacturing, said analysts and exporters. They noted that growing demand…
BEIJING – China’s passenger car sector recorded a double-digit growth in retail sales in June as the country’s policies to boost consumption continued to take effect, the China Passenger Car Association (CPCA) said on Tuesday. Last month, retail sales of passenger cars in China grew by 18.1 percent year-on-year to exceed 2.08 million units, data…
China’s automotive industry is redefining speed, efficiency, and market leadership through a pioneering operating model, positioning itself as a global driver of innovation amid accelerating disruptions, according to the 2025 AlixPartners Global Automotive Outlook. The report reveals that Chinese new energy vehicle manufacturers can now bring vehicles to market twice as fast while investing 40…
GAC Fiat Chrysler Automobiles, the joint venture between Stellantis and China’s Guangzhou Automobile Group, has been declared bankrupt, marking the formal end of a once-promising partnership that brought the Jeep brand to Chinese consumers. The company posted images of a ruling by a court in China’s Hunan province confirming the bankruptcy declaration on its official…