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Sports economy sweeping the globe

The 2026 FIFA World Cup is underway, fueling rapid global momentum in the sports economy, now a new driver for economic growth, in China and around the world. Kenneth Fok Kai-kong, a member of the Legislative Council of the Hong Kong Special Administrative Region, partnered with Kody Blois, the parliamentary secretary to the Prime Minister…

New area, new sign system in Hebei province

Staff members from the urban management and comprehensive law enforcement bureau of the Qidong District of Xiong’an New Area, Hebei province, operate the intelligent storefront sign management system on Wednesday. [Photo by Chen Meiling/China Daily] One year on from its introduction, a digital management system for storefront signs has been rated as saving time and…

MOC issues new steps for investigating threats to supply chain

The Ministry of Commerce unveiled on Wednesday a detailed set of procedures for investigating threats to China’s industrial and supply chain security. The rules for industrial and supply chain security investigations, which took effect immediately upon publication, were formulated under the Regulations on the Security of Industrial and Supply Chains issued by the State Council,…

China strengthens export controls on strategic minerals, dual‑use items

China has unveiled a new mechanism to encourage public reporting of violations in the export of strategic minerals and dual-use items, the Ministry of Commerce announced on Wednesday. The new rules, effective July 1, are designed to “fully leverage the role of social oversight” in combating illegal and non-compliant exports of strategic minerals, the ministry…

2026 Summer Davos forum starts opening plenary

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Chinese premier highlights four characteristics of China’s economy

DALIAN – The Chinese economy has demonstrated stability, innovation, vitality and integration with the rest of the world at the beginning of the 15th Five-Year Plan (2026-2030) period, Chinese Premier Li Qiang said on Wednesday.He made the remarks when addressing the opening plenary of the 17th Annual Meeting of the New Champions, also known as the…

‘China Opportunity 2.0’ offers growth potential for global businesses: premier

DALIAN — For enterprises worldwide, “China Opportunity 2.0” represents comprehensive innovation-driven empowerment and high-return investment prospects, Chinese Premier Li Qiang said Wednesday. Li noticed that some have expressed anxiety over China’s advances in technology and industrial innovation, even promoting the narrative of a so-called “China Shock 2.0” that frames China’s development as a shock to…

Innovation key to China’s long-term economic resilience, stable growth: premier

DALIAN — Chinese Premier Li Qiang said on Wednesday that innovation-driven development is the key to China’s long-term economic resilience and steady growth. Li made the remarks while addressing the opening plenary of the 17th Annual Meeting of the New Champions, also known as the Summer Davos, in Northeast China’s coastal city of Dalian. He…

China to continue to participate in global governance on AI: Chinese premier

DALIAN — Chinese Premier Li Qiang on Wednesday said that China will continue to participate in global governance on artificial intelligence (AI) and other domains in a responsible and constructive manner. Li made the remarks while delivering an address at the opening plenary of the 17th Annual Meeting of the New Champions, also known as…

Innovation-driven cooperation inevitable choice to overcome global growth dilemma: premier

DALIAN — Innovation-driven cooperation is an inevitable choice to overcome the global growth dilemma, Chinese Premier Li Qiang said Wednesday. Li called for deepening connectivity and collaboration, and pooling innovation strengths more extensively. Meanwhile, he said that technological progress should serve the common good and advance joint governance more effectively. Li made the remarks while…