Despite a complex and volatile international landscape and disruptions to the global economic and trade order this year, China’s economy has maintained steady momentum thanks to proactive forecasts and contingency plans to counter a new wave of external pressure. In the first half, the country’s GDP grew 5.3 percent year-on-year, up 0.3 percentage point from…
Customers visit a shopping mall in Liangjiang New Area, Southwest China’s Chongqing municipality, June 7, 2025. [Photo/Xinhua] China has unveiled interest subsidy policies on certain loans to ease the financial burdens of both individuals and businesses, as part of the country’s broader push to boost consumption, analysts said. The interest subsidies, earmarked from fiscal funds,…
Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. [Photo/Xinhua] China’s economy is on track for a steady rebound in the remainder of the year and its annual growth target of around 5 percent is achievable, backed by a solid first-half performance and robust policy support from the…
A staff member debugs a humanoid robot at a robot company in Shenzhen, South China’s Guangdong province, June 25, 2025. [Photo/Xinhua] BEIJING — With crippling trade tariffs, surging corporate costs and increasing market volatility, the convergence of tensions and disruptions in 2025 has clouded the global economic outlook, posing a profound test to the fortitude…
A group of tourists from Southeast Asian countries pose for photos on Central Street, a major attraction in Harbin, Heilongjiang province, in July. CHINA DAILY As the nation experiences sweltering heat during the sanfu period — the hottest part of summer based on the Chinese calendar — Harbin, capital of Heilongjiang province known to many…
China’s economic growth is pivotal to and vital for global prosperity, and it is essential and significant for the United States and China to maintain a stable trade relationship, according to a senior business leader. Rajesh Subramaniam, CEO of US-based logistics company FedEx Corp and chair of the Board of the US-China Business Council, said…
A family tries a self-driving vehicle developed by China’s tech giant Baidu on June 21 in Shenzhen, Guangdong province. ZHOU NAN/FOR CHINA DAILY Commercial application of China’s cutting-edge autonomous driving technology is spreading globally as Chinese enterprises speed up efforts to expand their presence in overseas markets and deploy robotaxi fleets. Residents in some Middle East…
China’s top market regulator issued new guidelines aimed at regulating how online platforms charge merchants, in a bid to reduce operational burdens for businesses and curb unfair practices in the booming digital sector. The new guidelines, published by the State Administration for Market Regulation, set out compliance requirements for fees such as commissions, membership…
A customer (L) tries gold jewelry at a shopping mall in Nantong, East China’s Jiangsu province, May 3, 2025. [Photo/Xinhua] China is poised to introduce additional macroeconomic policies as necessary to further stabilize employment and boost domestic demand, while stepping up reforms to build a unified national market, the country’s top economic regulator said on…
Pakistani businessman Ali Kamran receives the business license on July 31, 2025 for his company set up in Yiwu, East China’s Zhejiang province, with his firm becoming the 10,000th foreign-funded company registered in the city. [Photo/Xinhua] The total number of foreign-funded business entities in Yiwu, Zhejiang province, officially surpassed 10,000 on Thursday, making it the…