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China Industries

China Industries

Opening-up bolstering business confidence

The World Openness Report 2025 is pictured at the press conference on World Openness Report 2025 and International Symposium on World Opening-Up during the 8th Hongqiao International Economic Forum in Shanghai, East China, Nov 5, 2025. [Photo/Xinhua] In a world marked by a continued decline in openness and a worrying trend that threatens to stifle…

Hainan readies for role as free trade flag bearer

Customers select goods at the CDF Haikou International Duty-Free City in Haikou, Hainan province, on Feb 3. SU BIKUN/FOR CHINA DAILY Foreign and Chinese companies are already scrambling to explore vast opportunities on Hainan, as the island province is poised to officially begin its special customs operations next month. Hainan Free Trade Port will implement…

Clariant increases capacity in Daya Bay facility

Clariant’s new production line in Daya Bay became fully operational in November 2025. [Photo porvided to chinadaily.com.cn] Clariant completed 100 million Swiss franc ($123 million) investment in the Daya Bay facility in Longgang district in Shenzhen, Guangdong province, with the second production line becoming fully operational in November, the company announced on Wednesday. This expanded capacity strengthens…

Goldman Sachs sees global success driving China’s economic shift

Customers shop at a Pop Mart store in CentralWorld, a shopping complex in Bangkok, on May 19. Pop Mart’s trendy collectibles have recently gained immense popularity among overseas collectors. SUN WEITONG/XINHUA Despite post-pandemic headwinds at home, Chinese companies have been reporting strong profits overseas, and this wave of globalization is emerging as a new growth…

Value-added services helping private firms go international

A view of a store of the Ningbo-based outdoor brand Naturehike in Hangzhou, Zhejiang province, on June 29, 2024. CHINA DAILY Local governments in the country’s southeastern region have been expanding value-added public services to help private firms go global safely and efficiently amid rising global economic volatility and a higher-level opening-up drive. Zhejiang province,…

China’s service trade grows 7.6 pct in first three quarters

BEIJING — China’s service trade maintained steady growth in the first three quarters of the year, with total imports and exports reaching nearly 5.94 trillion yuan (about $838 billion), up 7.6 percent year-on-year, the Ministry of Commerce said on Tuesday. Specifically, service exports rose 14.4 percent to over 2.6 trillion yuan, while imports increased 2.8…

Public welfare project aims to spread awareness ahead of peak flu season

Experts, officials, and corporate representatives pose for a picture during a public welfare project on the eighth World Influenza Day on Nov 1. [Photo provided to chinadaily.com.cn] With the continuous optimization of China’s entry and exit policies, the popularity of outbound tourism continues to rise. However, for tourists during peak flu season, the public awareness…

China unveils plan for breakthroughs in water-saving equipment

The Danjiangkou Reservoir is the source of the middle route of the South-to-North Water diversion Project. TAO DEBIN/FOR CHINA DAILY China’s Ministry of Industry and Information Technology (MIIT) and the Ministry of Water Resources have released a joint plan to solidify and enhance the competitive edge of the water-saving equipment industry chain over the next…

Surge in China’s electricity market-based trading volumes

Construction workers erect transmission towers at the site of the Gansu-Zhejiang ±800-kilovolt ultra-high voltage direct current transmission project on Oct 22. SHI JUN/FOR CHINA DAILY China’s electricity market has undergone a dramatic transformation over the past decade, with market-based trading volumes surging and new participants emerging, underpinned by the country’s rapid expansion of renewable energy,…