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Anhui boosting leading high-tech bona fides

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A view of MAEXTRO’s super factory co-developed by JAC Group and Huawei Technologies in Hefei, Anhui province. CHINA DAILY Inside a sprawling plant in Hefei, Anhui province, rows of robotic arms swing in unison, sparks flash as metal panels fuse into the skeletal frame of a car. On a nearby screen, a digital twin recreates every…

China urges EU to avoid weaponizing tariffs

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Beijing has called on Brussels to abandon the weaponization of tariffs and provide a truly level playing field for Chinese electric vehicle makers, while also welcoming European automakers into China, the Ministry of Commerce said on Thursday. “China’s EV industry has indeed been a driving force behind the broader transformation of the automotive sector toward…

Sustained reforms fuel stable growth

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China must accelerate reform measures to reinforce the stable and healthy development of the capital market in the coming five years as a strategic pivot in transforming the country’s economic growth model, said leading economists and financial experts. Despite Thursday’s market correction, they said the recent rally in Chinese equities, together with the ongoing regulatory…

China will never reach agreement at expense of principles, companies: commerce ministry

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BEIJING — China’s Ministry of Commerce said Thursday that the country’s position on the TikTok issue remains consistent and that China will never seek to reach any agreement at the expense of principles, the interests of companies, and international fairness and justice. Ministry spokesperson He Yadong made these remarks at a regular press briefing when…

China urges EU to avoid weaponizing tariffs, eliminate market barriers

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Visitors inspect a G9 SUV at the XPeng booth in the outdoor exhibition area of the IAA Mobility 2025 in Munich, Germany, on Sept 9. ZHANG FAN/XINHUA China is calling on the European Union to refrain from weaponizing tariffs and eliminating market barriers for Chinese electric vehicle makers. It also welcomed the entry of European…

China pledges greater AI, manufacturing cooperation with ASEAN

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The 2025 China-ASEAN Industry Ministerial Roundtable Meeting is held in Nanning, Guangxi Zhuang autonomous region, on Wednesday. [Photo provided to chinadaily.com.cn] China is committed to supporting businesses from all countries to actively engage in the global division of labor within industrial and supply chains, and enhance complementarity between “Made in China” and “Made in ASEAN”…

Policy in place to spur services consumption

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China has rolled out a new policy package to further drive growth in services consumption. Services consumption for better life quality is thriving in the country, while emerging types of services consumption are demonstrating broad prospects for expansion, the Ministry of Commerce said on Wednesday. The new guideline, issued by the Ministry of Commerce and…

State-owned enterprises record sound growth

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A worker inspects raw materials at a spinning workshop in Jilin province on July 16, 2025. [Photo/Xinhua] China’s centrally administered State-owned enterprises have witnessed robust growth in both total assets and profits during the 14th Five-Year Plan (2021-25) period, the State assets regulator announced on Wednesday. Zhang Yuzhuo, chairman of the State-owned Assets Supervision and…

Expo opens as China-ASEAN trade hits record high

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A woman wearing an outfit featuring local delicacies of Indonesia stands near the country’s pavilion to attract visitors during the 22nd China-ASEAN Expo and the China-ASEAN Business and Investment Summit on Wednesday in Nanning, Guangxi Zhuang autonomous region. ZHANG WEI/CHINA DAILY China is willing to work with the Association of Southeast Asian Nations to uphold peaceful…

Foreign capital access to housing eased

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China has eased the access for foreign capital into the country’s housing market, a move experts said is aimed at stabilizing the residential property sector, opening up the country’s capital account further and attracting more foreign investment. The State Administration of Foreign Exchange, China’s forex regulator, announced on Monday that it has shortened the negative…