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Factory activity sees marginal uptick in May

This photo taken on June 7, 2024 shows a smart assembly line at Seres Group’s super factory in Liangjiang New Area, Chongqing, Southwest China. [Photo/Xinhua] China’s factory activity improved marginally in May, but remained in contraction zone for a second consecutive month, with analysts pointing to the need for stronger fiscal support to further boost…

China-US cargo routes bustle again

A COSCO Shipping vessel sets sail for the United States with 2,600 standard containers from the Shanghai Yangshan Deep Water Port on May 22. This vessel has been deployed to alleviate the recent capacity shortage on the China-US route. SHEN CHUNCHEN/FOR CHINA DAILY Container ships departing from China for the United States are once again…

Policy measures for realty taking effect

A real estate project construction site in Huaian, Jiangsu province. ZHAO QIRUI/FOR CHINA DAILY China’s top 100 developers recorded combined sales of 1.44 trillion yuan ($199 billion) from January to May, a 10.8 percent year-on-year decline, according to the latest data from real estate market consultancy China Index Holdings. The contraction remained largely unchanged from…

Key projects, private investment to play bigger role in pushing growth

An aerial image shows the construction of a bridge along the Nanchong-Tongnan Expressway in Suining, Sichuan province, in May. The expressway is being built by China Railway Construction Corp’s 24th bureau and will start operations by 2026. CHINA DAILY China’s acceleration of major infrastructure and strategic projects is driving investment and, consequently, economic growth amid…

A-share mkt remains in firm territory

A stock trader follows market trends at a securities trading hall in Hangzhou, Zhejiang province.  Long Wei / FOR CHINA DAILY China’s A-share market has remained steadfast despite headwinds in major Asian markets at the start of the month, and is likely to provide more structural opportunities as the nation rolls out more supportive measures…

China leading in capacity and innovation

From left to right: Chen Pu, Chief Asia Officer of Syensqo; Xia Fuliang, President of Evonik China; Pablo Machado, Global executive vice-president — China business and strategy of Suzano; Shirley Zhao, President of Astellas China. [Photo provided to China Daily] Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, multinational corporations are uniquely positioned…

Domestic helpers, nannies, butlers all in high demand

A household services employee cleans a kitchen exhaust in Beijing in January. MA HUAIGANG/FOR CHINA DAILY Stella Tian, a 33-year-old office worker in Beijing, has two toddlers — a 1-year-old and a 3-year-old — and employs two nannies to help look after the children and simplify her life, as she and her husband have hectic…

China can offer valuable insights for ASEAN countries

“As one of the emerging economies, China has gained extensive experience in the effective implementation and utilization of the RCEP agreement and is capable of offering valuable insights for ASEAN countries,” said Taufiq Arfi Wargadalam, executive director of the RCEP Support Unit, during the 2025 RCEP Media & Think Tank Forum. He added that China…

China urges US to end unilateral tariffs after court ruling

China has called on the United States to fully abandon its erroneous practice of unilaterally imposing additional tariffs, said the Ministry of Commerce on Thursday. Speaking at a news conference, spokesperson He Yongqian said China has noted the ruling of the US Court of International Trade on Wednesday, which found that the US government’s global,…

Integrated data market high on agenda

China is studying and formulating policy documents to cultivate a national integrated data market in accordance with new characteristics related to the development of the data market as part of a broader push to fully unleash the value of its massive data resources, said the National Data Administration, the country’s top data governance regulator. More…