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SMEs fuel China’s innovation edge, GDP

A robot on display at the 20th China International Small and Medium Enterprises Fair in Guangzhou, Guangdong province. CHINA DAILY China has now cultivated over 600,000 high-tech and innovative small and medium-sized enterprises, positioning them as central engines for high-quality growth and global industrial resilience, officials and experts said. Minister of Industry and Information Technology Li…

Policy effort to bolster growth bears fruit

Stepping up policy support for the manufacturing sector will be necessary for China in the second half of the year in order to stabilize employment and ensure a steady growth trajectory amid lingering uncertainties, economists and analysts said. Their remarks came as the latest data showed that earlier policy efforts to bolster economic growth have…

Convenient logistics strengthen Sino-Chilean relations

Workers process cherries at a factory in Mostazal, Chile, Dec 13, 2024. [Photo/Xinhua] TIANJIN — Chilean cherries are ubiquitous in most supermarkets in North China’s port city of Tianjin. The transcontinental “Cherry Express “linking Tianjin and Chile was launched in January 2024. Upon arrival at Tianjin Port, it takes just five hours for Chilean cherries…

First Brazil-made BYD car rolls off assembly line

Jeronimo Rodrigues, governor of Bahia state, gives a speech at BYD’s plant in Brazil that starts production on July 1, 2025. [Photo provided to chinadaily.com.cn] Chinese NEV manufacturer BYD rolled out its first Brazil-made passenger vehicle from its factory in Bahia state on Tuesday, marking a new milestone in its global expansion. “From breaking ground…

Shenyang Jinbei Automotive eyes localized global growth

Employees work at a production workshop of Shenyang Jinbei Automotive Co in Shenyang, Liaoning province. CHINA DAILY As a driving force behind the provincial capital city’s industrial revitalization, a local automaker in Shenyang, Liaoning province, is stepping up efforts to compete globally and foster international partnerships by adopting a dual-track approach of product exports and…

New guidelines align sci-tech innovation with national strategies

China has unveiled new guidelines to optimize the evaluation of science and technology achievements, promoting scientific innovation that aligns with key national strategies. The revised guidelines, issued by the Ministry of Science and Technology on Monday, stipulate that the national science and technology awards shall adhere to the national strategic orientation, focusing on the global…

EU transport services: consumer price fluctuations

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Expert: Hydrogen ‘energy artery’ to bolster green transport

Flexible hydrogen pipeline, developed by Jiangsu Zhengdao Ocean Technology Co Ltd, helps to safeguard the safety of large-scale delivery of green hydrogen in the country. [Photo provided to chinadaily.com.cn] As hydrogen energy has been incorporated into the legal system as a “national strategic energy source”, Chinese companies are striving to make more breakthroughs to bolster…

EU current account surplus €114.0 bn

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Public spending on education was 4.6% of the EU’s GDP

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