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Higher-level opening-up to offer new possibilities

This photo taken on Nov 3, 2025 shows the autumn scenery in Beijing. [Photo/Xinhua] China’s drive to advance reform and development through higher-level opening-up — a priority for the country’s development over the next five years — will unlock fresh momentum for multinational corporations and trading partners, business leaders and market watchers said. Highlighting the…

Adidas Global CEO: China’s Creativity Exceeds Expectations

In an exclusive interview with China Daily, Adidas Global CEO Bjoern Gulden said that the creative power emerging from China has surpassed expectations. Once known primarily as the “world’s factory,” China has now become a hub of innovation, where universities, manufacturers, and startups are generating ideas that rapidly reach global markets through advanced supply chains.…

China can use imports as a ‘bridge between domestic and international markets’, expert says

As global trade faces rising geopolitical and technological challenges, China’s import strategy is expected to focus on strengthening supply chain resilience and promoting digital and green trade, experts said. Their remarks came as the 2025 China Import Development Report was released on Sunday in Beijing. By analyzing the latest trends in China’s import landscape, the…

8th CIIE to kick off in Shanghai with enhanced media experience

The media center of the China International Import Expo, aiming to enhance reporting experience for domestic and international journalists through smart technology and thoughtful services, opens its doors on Monday. [Photo by Zhu Jiayi/for chinadaily.com.cn] The 8th China International Import Expo is set to take place in Shanghai from Wednesday through Monday, with the media…

Guangxi’s non-timber economy sees huge growth in past decade

The Guangxi Zhuang autonomous region has seen a remarkable boom in its forest-based non-timber economy in the past almost a decade, as it strives to tap its potential in benefiting people economically in areas with rich forest resources. By the end of 2024, the region has seen the output value of the economy reach 138.8…

New financial tool spurs tech projects

Visitors watch a humanoid robot football game during the 2025 World Smart Industry Expo in Southwest China’s Chongqing municipality, on Sept 5, 2025. [Photo/Xinhua] In less than two months, China has fully allocated a new 500-billion-yuan ($70.3 billion) policy-based financial instrument to propel mainly tech-driven projects and urban renewal programs, which analysts see as a…

Party recommendations spell out clearer 5-yr plan

The Recommendations of the Central Committee of the Communist Party of China for Formulating the 15th Five-Year Plan for National Economic and Social Development will not only chart the course for the country’s development over the next five years, but also provide certainty and solid opportunities for the global economy, said Gao Yunlong, chairman of…

China’s marine economy reports 5.6% growth in first 9 months of 2025

Fishermen operate their boats through waves in a marine ranch of Dinghai bay, Lianjiang county, Fuzhou city, Fujian province, on May 27, 2025. [Photo/Xinhua] BEIJING — China’s gross ocean product totaled 7.9 trillion yuan ($1.11 trillion) in the first three quarters of 2025, which was a year-on-year increase of 5.6 percent, demonstrating the marine economy’s…

China, Singapore reaffirm growing economic ties

The economic partnership between Singapore and China is poised for robust growth, setting new benchmarks for regional cooperation as both nations commemorate significant anniversaries, industry experts said. Singapore has entered a new era of high-quality, future-oriented partnership with China, setting the stage for deeper collaboration in new frontiers such as digital and green economies, said…

Steel industry profits rise despite drop in consumption

China’s iron and steel industry reported a 1.9-fold year-on-year increase in profits in the first three quarters, showing an improvement from a year earlier, Jiang Wei, vice-chairman and secretary-general of the China Iron and Steel Association, said at a press conference on Friday. However, the sector still faces pressure to balance supply and demand, he…