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US, China are natural trading partners, says chair of AmCham Shanghai

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Andy Palmer: West can learn from China’s long-term planning

“The West can learn from the longevity thinking of China,” Andy Palmer, academician at the Royal Academy of Engineering and co-chair of the Global Internet Competition “Straight to Wuzhen,” said. He said China’s ability to have 15 five-year plans is incredible, and this long-term planning has been an outstanding success. Tanks to chinadaily.com.cn Please visit:…

China stresses openness to more trade deals with EU

[Photo/VCG] China is willing to expand mutually beneficial cooperation with the European Union, explore the potential for negotiating various economic and trade agreements, including the investment agreement, and elevate the level of liberalization and facilitation in China-EU trade and investment, a spokesman for the Ministry of Commerce said on Thursday. China has noted that the…

Former ADB chief bullish on China’s growth path

China has considerable room to grow during the 15th Five-Year Plan (2026-30) period, supported by strong technological progress, industrial upgrading and entrepreneurial dynamism, said Takehiko Nakao, the former president of the Asian Development Bank, adding that this was despite the nation currently facing headwinds from the property market and external uncertainties. Takehiko Nakao During a…

Li Auto: Integrating AI and innovation into intelligent mobility

At the 2025 World Internet Conference Wuzhen Summit, Li Auto received the WIC Distinguished Contribution Award, for recognition of its leadership in intelligent mobility and AI innovation. Speaking on behalf of the company, Li Guanhua, senior vice-president of Li Auto, said that technology should serve people, and that intelligent vehicles are not merely means of…

Rockwell Automation China CEO: High-tech gadgets from China are a ‘must-buy’

The eighth China International Import Expo is underway in Shanghai from Nov 5 to 10. During the expo, Ian Shih, president of Rockwell Automation China, said that China is very strong in terms of creating use cases. If he were a traveller coming to China, he would consider buying high-tech gadgets. “For me, I will…

Gold VAT trade reform to bring healthier order

China’s latest reform of the value-added tax system for gold trading is expected to bring greater clarity and order to the market of the precious metal, as regulators aim to distinguish investment from consumption and strengthen oversight across the entire trading chain, said experts. The reform comes at a time when global gold prices are…

Pudong New Area keen on further opening-up

The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] Shanghai should further advance institutional opening-up and improve the business environment to consolidate its position as an optimal destination for investors worldwide, officials and company executives said. They made the remarks during a series of promotional conferences held on Thursday, which were part…

Expo helps MNCs turn into committed investors

This photo taken on Nov 3, 2025 shows a themed-decoration of the China International Import Expo at the National Exhibition and Convention Center (Shanghai) in East China’s Shanghai. [Photo/Xinhua] The China International Import Expo, convened for the past eight years in Shanghai, has transformed its role from being an annual trade matchmaking platform for global…

Biz seen up with Hainan special Customs facility

Yachts and motorboats shuttle near an island in Sanya, Hainan province, on Aug 3. YE LONGBIN/FOR CHINA DAILY As China’s Hainan province is set to officially commence its special Customs operations on Dec 18, officials and experts see more potential for economic cooperation between the tropical island and countries from the Association of Southeast Asian…