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China Industries

China Industries

China brewing up business for African coffee beans

Visitors try Ethiopian coffee during an expo in Shanghai. MENG CHENGUANG/XINHUA China’s zero-tariff policy for 53 African diplomatic partners took effect on May 1, boosting coffee imports via Shanghai, China’s key port, and benefiting numerous African coffee farmers. The Hongqiao International Coffee Industry Chain Ecosystem Conference was held in Shanghai from Tuesday to Wednesday. Its…

Boeing plan eases aviation ties after years of strain

The booth of Boeing during an expo in Xi’an, Shaanxi province. CHINA DAILY China agreeing to purchase 200 aircraft from Boeing is expected to bolster commercial ties between China and the United States, especially in the aviation sector, as industry analysts said the agreement represents a partial easing of strained industrial ties after nearly a decade.…

AI making mark on global phone market

Chinese smartphone brand iQOO has unveiled its latest model. [Photo provided to chinadaily.com.cn] While the global smartphone market continues to contract, AI-powered devices have emerged as a rare bright spot, according to latest data from the market research company Canalys. In the first quarter of 2026, worldwide shipments of AI smartphones soared 320 percent year-on-year.…

Investors’ expectations for housing prices rebound

Investors’ expectations for rising housing prices in China have rebounded as policy support and improving market activity stabilize the property sector, according to a new survey released by Cheung Kong Graduate School of Business. About 45.2 percent of respondents now expect housing prices to increase, up 8.6 percentage points from the previous survey in December,…

Wine imports on road to recovery

China’s wine imports in the first quarter show signs of stabilization after a period of adjustment, said the General Administration of Customs. In March, wine imports reached 16.64 million liters, up 16.78 percent from a year earlier, with a value of $78.35 million, a 3.68 percent increase. However, cumulative figures for the first quarter show…

Kunming’s flower markets flourish for ‘I love you’ day

The Dounan Flower Market in Kunming, Yunnan province, is bustling with activity on May 18. [Photo by Yang Ling/chinadaily.com.cn] The flower markets in Dounan of Kunming, Yunnan province, have seen single-day transaction volumes nearing 9 million stems in the lead-up to May 20, a date that sounds like “I love you” when spoken in Mandarin.…

Shanghai to host latest carbon neutrality expo

The 2026 Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements will be held from June 10 to 12, the municipal government announced during a press briefing on Wednesday. Now in its fourth edition, the expo will cover an area of 40,000 square meters with almost 300 enterprises attending. The exhibition will focus on…

Growing role of China’s capital market stressed

The first sovereign panda bond issuance by Pakistan — priced at a historically low coupon rate — highlights the growing potential of China’s capital market to provide diversified and lower-cost financing channels for developing economies, experts said. The issuance not only opened an avenue for Pakistan to secure continued access to renminbi financing, but it…

Agricultural trade ripe for fresh harvest

Tourists buy snacks at a night food market in Heihe, Heilongjiang province, last month. With visa-free entry, the market in the Sino-Russian border city attracts customers from both countries. HAN FEI/XINHUA Agricultural cooperation is emerging as a key driver of economic synergy between China and Russia, further bolstering already robust growth momentum between the two…

Technology, innovation deliver China’s beef noodles to global markets

A beef noodle master pulls a bowl of noodles at a Lanzhou beef noodle restaurant. [Photo by Yang Yanmin/For China Daily] LANZHOU — Overlooking the majestic Yellow River from atop a 60-story skyscraper, 26-year-old Liu Jiajia and her friends eagerly relished Lanzhou beef noodles at a stylish restaurant in Lanzhou, capital of Northwest China’s Gansu…