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…
BEIJING — The total gross domestic product (GDP) of China’s five provincial-level autonomous regions rose from 3.25 trillion yuan ($477 billion) in 2012 to 8.66 trillion yuan in 2025, a senior official said on Wednesday. Duan Yijun, deputy head of the United Front Work Department of the Communist Party of China Central Committee, announced the…
An exhibitor (right) shakes hands with a visitor during the fourth China-Africa Economic and Trade Expo at Changsha International Convention and Exhibition Center in Changsha, Central China’s Hunan province, June 13, 2025. [Photo/Xinhua] CHANGSHA — At a bustling market square in Changsha, capital of Central China’s Hunan province, shoppers are picking up African specialty products.…
A photo shows the scene of the fourth China International Supply Chain Expo in Beijing on June 22. WU YIBIN/FOR CHINA DAILY Technological innovation and green development are becoming key drivers of China’s supply-chain transformation, prompting foreign companies to expand local investment and partnerships in advanced manufacturing, industrial technology and sustainable agriculture, senior executives said…
With advantages in traditional global exports and manufacturing, China is transitioning to innovation-driven advanced manufacturing, and domestic consumption will gradually become the driving force for the country’s economic growth, said Joe Ngai, senior partner and chairman of McKinsey & Co Greater China office. With geopolitical tensions and trade disputes, coupled with rising labor and production…
Guests speak at a session themed “A World Out of Balance” during the 2026 Summer Davos forum in Dalian, Liaoning province, on Tuesday. CHENG TINGTING/XINHUA Global executives and leading economists voiced confidence in China’s economic resilience and long-term prospects on Tuesday, citing strong momentum in high-tech sectors, continuing economic rebalancing and strong policy support, as…
The Xiong’an Artificial Intelligence Industrial Park in Hebei province is attracting entrepreneurs with supportive policies. [Photo provided to chinadaily.com.cn] For startups struggling to secure their first investor, Xiong’an New Area is offering something extraordinarily rare: money before the market is convinced. The fast-growing city in North China’s Hebei province is rolling out an aggressive package…
In an era when soaring housing prices and intense competition are driving young professionals away from major cities, China’s Xiong’an New Area is emerging as a magnet for highly educated talent. With generous living subsidies, affordable housing and a carefully planned urban environment, the city is luring a growing number of young entrepreneurs, researchers and…
BEIJING — China’s Ministry of Commerce announced on Friday that it will impose an additional 55 percent tariff on beef imported from Australia, effective Saturday, on top of existing tariff rates. China has implemented safeguard measures on imported beef since Jan 1, 2026. The measures take the form of country-specific quotas, with additional tariffs imposed…
Tianjin Economic-Technological Development Area launched a cross-border service portal on Wednesday. [Photo provided to chinadaily.com.cn] Tianjin’s first all-in-one cross-border service portal for expanding enterprises was launched at the city’s Economic-Technological Development Area (TEDA) on Wednesday. Zhang Xue, chairperson of TEDA One-Stop Global Service Center, said the digital platform offers 104 standardized services covering sectors such…