China Industries
The core area of Shanghai’s Hongqiao International Central Business District, which is at the heart of the Hongqiao International Opening-up Hub. [Photo provided to chinadaily.com.cn] Shanghai Hongqiao International Central Business District, a portal for China’s deepened two-way opening-up, will further improve its strength in commerce, exhibition, transportation and technology innovation to prepare for high-quality development…
BEIJING — China’s transformer manufacturing sector has cemented its position as a global powerhouse, with industry output surpassing 300 billion yuan (about $43.54 billion) in 2025 and production representing more than half of worldwide capacity, according to industry association estimates released Friday. China’s transformer industry has also seen the emergence of influential “heavyweight” enterprises, said…
BEIJING — China’s transformer manufacturing sector has cemented its position as a global powerhouse, with industry output surpassing 300 billion yuan (about $43.54 billion) in 2025 and production representing more than half of worldwide capacity, according to industry association estimates released Friday. China’s transformer industry has also seen the emergence of influential “heavyweight” enterprises, said…
BEIJING — China’s transformer manufacturing sector has cemented its position as a global powerhouse, with industry output surpassing 300 billion yuan (about $43.54 billion) in 2025 and production representing more than half of worldwide capacity, according to industry association estimates released Friday. China’s transformer industry has also seen the emergence of influential “heavyweight” enterprises, said…
Currently, global value chains are accelerating adjustments as their risk of fragmentation rises, posing new challenges to developing countries. Against the backdrop, identifying a viable pathway to sustainable development within GVCs has become a pressing issue that warrants serious and sustained consideration. From the perspective of new structural economics, fully leveraging comparative advantages to integrate…
Chris Kempczinski, McDonald’s chairman and CEO, said in an exclusive interview with China Daily that “We’re growing a lot in China. We believe in the country and we believe in the business. If China delivers the around 4.5 percent GDP growth target, that would certainly be a really healthy number. And 5 percent GDP growth…
China’s cruise sector has entered a new phase in developing a complete industrial chain, with the successful undocking of its second domestically made large cruise ship alongside agreements reached for building two more vessels, officials said. A ceremony was held on Friday at the shipbuilder, China State Shipbuilding Corp Shanghai Waigaoqiao Shipbuilding Co, to celebrate…
China’s cruise sector has entered a new phase in developing a complete industrial chain, with the successful undocking of its second domestically made large cruise ship alongside agreements reached for building two more vessels, officials said. A ceremony was held on Friday at the shipbuilder, China State Shipbuilding Corp Shanghai Waigaoqiao Shipbuilding Co, to celebrate…
A total of 8,631 new foreign-invested enterprises were established in China in the first two months of 2026, up 14 percent year-on-year, according to data released by the Ministry of Commerce on Friday. During the same period, foreign direct investment (FDI) in the country totaled 161.45 billion yuan ($23.44 billion), down 5.7 percent from a…
The total import and export value of Northwest China’s Xinjiang Uygur autonomous region reached 71.2 billion yuan ($10.3 billion) in the first two months of this year, marking a year-on-year growth of 36 percent, which is 17.7 percentage points higher than the national growth rate, according to Urumqi Customs District. Imports and exports at Urumqi,…