CAI MENG/CHINA DAILY The strategic rivalry between China and the United States is a protracted one, the nature and duration of which are not determined by China’s will alone. Through decades of persistent and unwavering efforts, China has laid a solid foundation. This very foundation has provided the confidence for China to engage in strategic…
The Nanning International Convention and Exhibition Center will be the venue for the 22nd China-ASEAN Expo to be held later this month. PENG HUAN/FOR CHINA DAILY China and the Association of Southeast Asian Nations, buoyed by the recently completed negotiations on the Version 3.0 China-ASEAN Free Trade Area, will further deepen regional economic integration amid…
China’s listed banks are leaning more heavily on noninterest income to offset shrinking interest margins, with fee-based businesses such as wealth management, investment banking and transaction banking emerging as key growth drivers in the first half. In an extended low-rate environment, banks’ net interest margins have continued to contract, pressuring earnings. As a result, 42…
China is looking to play a bigger role in shaping global antitrust rules, especially in the artificial intelligence era, as senior market regulator officials and renowned industry experts vowed to boost antitrust at home while expanding international cooperation. Speaking at the 11th International Forum on Fair Competition Policy of China in Beijing on Monday, Luo…
Employees work on a construction project supported by a Chinese port infrastructure enterprise at Cotonou Port, Benin, on July 8. SI YUAN/XINHUA China has introduced its first-ever China Outward Direct Investment Index, a milestone in measuring the efficacy, vitality and patterns of the country’s overseas outreach, officials and experts said. Together with the latest statistical bulletin…
China has renewed local currency swaps with three European central banks totaling 540 billion yuan ($75 billion), a move experts said highlights deepening monetary cooperation to safeguard financial stability and the renminbi’s growing global role amid efforts to diversify from the dollar-based system. On the sidelines of the bimonthly meetings of governors held by the…
An aerial drone photo shows a view of the container terminal of Zhoushan Port in Ningbo, East China’s Zhejiang province, Jan 4, 2025. [Photo/Xinhua] Lawmakers in China are reviewing a draft revision to the country’s Foreign Trade Law, which seeks to elevate multiple reform measures into national legislation in response to a rapidly evolving global…
A view of TCL’s booth during the IFA 2025, the world’s leading trade fair for consumer electronics held in Berlin, Germany. [Photo provided to China Daily] Chinese technology companies are in the spotlight at IFA 2025, the world’s leading trade fair for consumer electronics, held in Berlin, as they showcase their latest technological achievements, aiming…
BEIJING — China’s producer price index (PPI), which measures costs for goods at the factory gate, went down 2.9 percent year-on-year in August, the National Bureau of Statistics (NBS) said Wednesday.The decline narrowed by 0.7 percentage points from the previous month, marking the first such narrowing since March this year and suggesting an improvement in…
People attend the celebrations marking the 75 years of diplomatic relations between China and Switzerland co-hosted by the Chinese People’s Association for Friendship with Foreign Countries and the Switzerland’s embassy in China, held in Beijing, on Aug 27, 2025. [Photo/Xinhua] This year marks the 75th anniversary of diplomatic ties between China and Switzerland — a…