No more “anxiety” about electric vehicle range! “In 2023, for the first time, the driving mileage of an electric vehicle with CATL’s battery exceeded 1,000 kilometers,” said Wu Zhenhua, chief engineer of CATL’s domestic passenger vehicles, “Next, we will develop higher performance products such as the battery reaching peak 12 C-rate, and with a range…
BEIJING — China’s manufacturing sector has sustained recovery momentum as production activity accelerated and market expectations improved, official data showed Sunday. The purchasing managers’ index (PMI) for China’s manufacturing sector stood at 49.4 in August, up from 49.3 in the previous month, according to the National Bureau of Statistics (NBS). A reading above 50 indicates…
The Qingdao FTZ, which turns six on Aug 31, achieves remarkable reform and development results. [Photo/IC] Just days before its sixth anniversary, the Qingdao Area of the China (Shandong) Pilot Free Trade Zone, also known as the Qingdao FTZ, released a scorecard highlighting six years of growth and reform. The Qingdao FTZ has delivered 358…
Guests interact at the 7th China-Arab States Expo held in Yinchuan, Ningxia Hui autonomous region. ZUO MINGYUAN/FOR CHINA DAILY China’s economic ties with Arab nations are evolving beyond the traditional realms of fossil energy, infrastructure and agriculture, as the two sides deepen their collaboration in emerging sectors such as the digital economy, artificial intelligence and green…
BEIJING – A Chinese trade delegation will visit Washington, DC to meet with US officials, the Ministry of Commerce announced Thursday. The delegation, led by Li Chenggang, China international trade representative with the Ministry of Commerce and vice commerce minister, will visit the United States after visiting Canada from Aug 24 to 27, said ministry…
A robot poses during the 2024 China International Fair for Trade in Services in Beijing on Sept 12. [Photo/Xinhua] BEIJING — China will intensify policy support for trade in services, which is expected to maintain growth throughout the year, Vice-Commerce Minister Sheng Qiuping said on Wednesday. The ministry will continue to expand the opening-up of…
BEIJING — China’s State Council has approved a plan to accelerate the opening-up and innovation of the entire biopharmaceutical industrial chain in the Jiangsu pilot free trade zone (FTZ), according to the Ministry of Commerce on Wednesday. To support the integrated innovation of the full value chain in the sector, the guideline calls for prioritizing…
China will introduce a series of policy measures to further promote the export of services, and continuously optimize the policy environment of taxation and financial facilitation, the Ministry of Commerce said on Wednesday. As the country continues to promote the development of trade in services, the China International Fair for Trade in Services (CIFTIS) will…
A staff member at the Russian booth pours wine for visitors to taste on Wednesday, during the 15th China-Northeast Asia Expo in Changchun, the capital of Jilin province. [Photo provided to China Daily] China will leverage the China-Northeast Asia Expo platform to advance policy coordination, forge closer economic links and strengthen cooperation with Northeast Asia,…
BEIJING – China will roll out its departure tax refund policy in Jilin province from Sept 1, the Ministry of Finance said on Wednesday. The policy allows overseas tourists to claim back value-added tax on eligible purchases made at designated tax refund stores before leaving the country. Eligible regions can adopt the policy after filing…