As high-ranking negotiation teams from China and the United States gear up for the third round of trade talks, set to begin soon in Sweden, analysts said Beijing will arrive with a clear and consistent message: Equal dialogue and mutually beneficial cooperation is the only path forward. The meeting, following talks in Geneva in May…
The value of imports and exports between China and ASEAN through the Zhuhai port of the Hong Kong-Zhuhai-Macao Bridge grew rapidly in the first half of 2025. [Photo provided to chinadaily.com.cn] The Hong Kong-Zhuhai-Macao Bridge, a mega cross-sea project in the Guangdong-Hong Kong-Macao Greater Bay Area, has played an increasingly crucial role as an economic…
A drill site of Sinopec’s Shengli Oilfield in Dongying, Shandong province. WANG GUOZHANG/FOR CHINA DAILY BEIJING — Profits of China’s major industrial firms dropped by 1.8 percent year-on-year in the first half of 2025, official data showed Sunday. Industrial firms with an annual main business revenue of at least 20 million yuan ($2.8 million) saw their…
Beijing and Washington are set to hold the third round of trade talks in Sweden, a positive development that analysts said will not only help the world’s two largest economies steady their ties, but also inject much-needed certainty into the global economy. Vice-Premier He Lifeng will be in Sweden from Sunday to Tuesday to hold…
Foreign visitors tour a night market on Thursday in Dashilar, a popular commercial street in the heart of Beijing. CHEN QIANG/FOR CHINA DAILY Nightly sales of foods and beverages are booming across China this summer and spicing up the nation’s nighttime economy, as extended retail business hours and more convenient delivery services attract more late-night…
An exhibitor takes a selfie at the China Pavilion during the 7th China International Import Expo (CIIE) in Shanghai, Nov 7, 2024. [Photo/Xinhua] Preparations for the eighth China International Import Expo in Shanghai, which will start its 100-day countdown on Sunday, has been advancing steadily, officials said, as the event aims to strengthen business ties…
Tariffs by the United States on Chinese goods will only raise US consumer costs while straining the global economy, a renowned professor of finance said. “At the end of the day, the US needs to work with China. There’s no doubt in my mind,” said Joseph Cherian, CEO, president, dean and distinguished professor of the…
This aerial drone photo taken on July 10, 2025 shows a view of Longtan Container Terminal of Nanjing Port in Nanjing, East China’s Jiangsu province. [Photo/Xinhua] China and the Association of Southeast Asian Nations should continue to deepen their cooperation and explore new frontiers of win-win collaboration as the world is fraught with rising uncertainties,…
The launch of an independent customs operation in the Hainan Free Trade Port by the end of this year will substantially reduce business costs, stimulate market vitality and boost free trade at the port, senior government officials said on Wednesday. They also said the move will introduce comprehensive trade and tax liberalization measures aimed at…
Shanghai’s GDP grew 5.1 percent year-on-year to top 2.6 trillion yuan ($360 billion) in the first half of this year, the municipal statistics bureau announced on Friday. The third industry showed a robust 5.4 percent year-on-year increase to see its added value approaching 2.1 trillion yuan ($29.29 billion) in the first six months of the…