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Forum promotes more Sino-Saudi agri cooperation

China and Saudi Arabia are deepening cooperation in agriculture and sustainable development, with more than 600 representatives from government and industry attending the China (Beijing)-Saudi Arabia Forum on Agricultural Industry and Sustainable Development in Beijing on Tuesday. At the forum, more than 70 cooperation agreements were signed between Chinese and Saudi enterprises and institutions, with…

Latin America biz report highlights potential

A new report assessing the investment environment of countries in Latin America has been released, providing support for Chinese enterprises to go global and help promote high-quality bilateral development. Latin America has abundant natural resources, vast market capacity and diverse social structure, which boasts significant development potential in the medium and long-term, said the report…

Businesses upbeat over Sino-US tariff respite

This photo taken on April 30, 2025 shows trucks at a cargo dock of Qingdao Port in Qingdao, East China’s Shandong province. [Photo/Xinhua] Business groups and economists have welcomed the tariff adjustment measures announced by China and the United States on Monday, expressing the hope that the 90-day triple-digit tariff respite will allow both countries…

Trade in agricultural products: €39.2 billion surplus

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Trade event to fuel cooperation between Linyi, Uzbekistan

A Linyi-Uzbekistan economic and trade fair was held on May 11 in Tashkent, Uzbekistan, serving as an important exchange platform for trade and enterprise representatives from both sides. During the fair, Linyi in East China’s Shandong province introduced a comprehensive digital service platform of the Linyi Trade City. In addition, several cooperation agreements involving procurement,…

Sales of pesticides in the EU down another 9% in 2023

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Sinopec announces breakthrough in shale gas exploration

China’s State-owned energy giant China Petroleum and Chemical Corp, also known as Sinopec, announced on Tuesday a major breakthrough in natural gas exploration. The company announced that a well in the Sichuan Basin in Southwest China tested at a high daily output of 314,500 cubic meters of industrial gas flow, a discovery that will boost…

Meituan to launch Keeta in Brazil, pledges $1b investment

The logo of Meituan. [Photo/VCG] Chinese on-demand service leader Meituan said on Monday it will invest $1 billion in Brazil over the next five years and launch its food delivery brand Keeta there in the coming months, marking its latest push in going global. Meituan’s announcement came during a China-Brazil business seminar held in Beijing…

China charging ahead in computing power

A futuristic model of an intelligent connected vehicle is on display at the 8th Digital China Summit in Fuzhou, Fujian province, on April 28. WANG WANGWANG/FOR CHINA DAILY At the 8th Digital China Summit held in Fuzhou, Fujian province, from April 29 to 30, the spotlight shone brightly on China’s accelerating artificial intelligence revolution. A robotic…

RRR cut to spur further monetary easing

Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s upcoming reduction in the reserve requirement ratio to zero for certain financial institutions has potentially unlocked substantial scope for further monetary easing, with another cut to the RRR likely in the second half of the year, analysts…