A robotic arm works on the production line at Ypsomed Medical Devices Manufacturing (Changzhou) Company in the Sino-Swiss (Changzhou) International Industrial Innovation Park in Changzhou, Jiangsu province, on Sept 18, 2025. [Photo/Xinhua] BEIJING — Profits of China’s major industrial firms increased 3.2 percent year-on-year in the first nine months of 2025, official data showed Monday.…
The skyline of the Beijing Economic-Technological Development Area. [Photo/VCG] Beijing has unveiled a plan for its International BioPark in the Beijing Economic-Technological Development Area, also known as Beijing E-Town, aiming to build a global hub for pharmaceutical and biotechnology innovation, local authorities said. The plan focuses on artificial intelligence, cross-disciplinary research, and regulatory innovation to…
High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang/China Daily] All measures to boost consumption should be prioritized following certain principles, after dividing consumption into four components — total income, primary distribution, secondary distribution and propensity to consume — and analyzing the factors influencing each part. The…
CAI MENG/CHINA DAILY China is stepping up efforts to stimulate household services consumption, seeing the sector not only as a key lever for near-term growth, but also as a long-term strategy to upgrade the economic structure and meet people’s ever-growing need for improved living conditions. Boosting services consumption is about more than just spending. It…
Kong Fu’an, executive deputy director of the CBD’s administrative committee, presents Hongqiao’s investment opportunities to a global audience. [Photo provided to chinadaily.com.cn] The Shanghai Hongqiao International Central Business District (CBD), a key gateway for China’s global trade and a center for the Yangtze River Delta region, is opening its doors wider to investors and entrepreneurs.…
A robot operates equipment on the assembly line of an automaker in Xi’an, Shaanxi province. YUAN JINGZHI/FOR CHINA DAILY China’s gross domestic product grew by 4.8 percent year-on-year in the third quarter following a 5.2 percent rise in the second quarter, the National Bureau of Statistics said on Monday. In the first three quarters, China’s…
China’s journey to becoming a financial powerhouse must start with institutional reform and the establishment of a transparent, innovation-driven capital market, experts said. Wu Xiaoqiu, former vice-president of Renmin University of China and dean of the university’s National Academy of Financial Research, said the capital market plays a fundamental role in supporting the real economy…
In a global landscape fraught with uncertainties, China’s development commitment offers the international community stability and positive momentum, experts said. China’s growth will create vast opportunities for the world, opening new avenues for cooperation in areas such as technology, sustainable development, the green economy and the digital economy, they said, adding that such collaboration will…
While a structural bull run is gradually taking shape in the A-share market thanks to China’s economic resilience and continued introduction of supportive policies, the upward momentum is likely to further stabilize driven by technological advances, which will buoy investor confidence and consumption, said experts. Data from market tracker Wind Info showed that the benchmark…
China will strengthen guidance on market expectations and guard against the risk of exchange rate overshooting to keep the yuan broadly stable, the country’s central bank said, according to a report by Financial News, a newspaper backed by the People’s Bank of China. A senior official from the central bank’s monetary policy department said China’s…