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Relaxed, refined — foreign visitors impressed by ‘shopping paradise’

An Iranian student (left) who is studying in Shanghai samples local snacks on Wednesday with her parents at a gift shop in the city’s Nanjing Road Pedestrian Street. CHEN HAOMING/XINHUA While strolling around Shanghai’s trendiest shopping precinct on their visit, Vietnamese couple Nhu Truong and Tu Vo had an unexpected opportunity to take part in…

Hainan FTP to launch independent customs operations on December 18

China announced on Wednesday that its Hainan Free Trade Port (Hainan FTP) will officially implement independent customs operations across the entire island starting on December 18, following approval from the Communist Party of China Central Committee. The island-wide independent customs operation refers to the establishment of a designated area under the special supervision of customs…

China’s economic planner holds symposium on state-owned, private enterprise development

A view of the Huangpu River in Shanghai. [Photo/VCG] BEIJING — China’s top economic planner on Wednesday held a symposium with business representatives to solicit opinions and suggestions on the collaborative development of state-owned and private enterprises for the upcoming 15th Five-Year Plan (2026-2030). Zheng Shanjie, head of the National Development and Reform Commission, chaired…

Talks aim to resolve trade frictions with EU

China’s commerce minister had a “candid and in-depth” video meeting with his European Union counterpart just days before the China-EU Summit in Beijing on Thursday, with analysts saying that it showcased the willingness of Beijing and Brussels to resolve lingering trade frictions through dialogue. By moving closer together and staking out common ground, China and…

Biz-friendly Hainan attracting top firms

Zeng Sheng, founder and chairman of Susheng Biotech (Hainan) Co and an expert in skeletal regeneration in Hainan province, first visited the island province in 2019 as a sailor competing in the Round Hainan Regatta, a world-renowned sailing event. Drawn by the tropical landscape and his love for coconuts, he later saw the island as…

Humanoid robots demonstrate industrial capabilities in live factory test

A humanoid robot shakes hands with a staff member at an intelligent equipment company in Wuhu, Anhui province, on July 3. ZHANG CHENG/XINHUA CHENGDU — At an auto parts factory in the southwestern Chinese city of Mianyang, Sichuan province a group of humanoid robots undertook an unscripted, real-world stress test: identifying pallets and bins on…

Smart deal for upsizing bottled drinks

A view of an advertisement for sugar-free beverages from Oriental Leaf in Beijing in July 2024. CHINA DAILY When a simple bottle of tea trended nationwide recently, it wasn’t a new flavor or celebrity endorsement. It was size. Pure, practical size. The trigger? Oriental Leaf, a popular bottled tea brand owned by beverage giant Nongfu Spring,…

Ice-making water purifiers see surge in sales

A worker conducts inspections on a purified water equipment assembly line in Ningbo, Zhejiang province, in June. XU YU/XINHUA In an apartment in Chengdu, Sichuan province, 28-year-old Luo Yufu invited his friends over for weekend cocktails. Instead of clunky ice trays or store-bought bags, he taped a sleek device to his counter. Seven minutes later, perfectly…

Beijing fulfilling export pledge to Washington

China’s exports of rare earth magnets to the United States soared more than six-fold in June compared to the previous month, clearly showing Beijing’s swift action to deliver on its pledges made during the earlier round of trade talks with Washington, analysts said. Sustaining this positive momentum will require continued goodwill from not only Beijing…

Innovation, solid supply chain attracting FDI

Employees work on the production line of a foreign-funded company specializing in making toys for European and US markets. WEI DONGSHENG/FOR CHINA DAILY China will remain a vital innovation hub and manufacturing base for foreign corporations despite global economic uncertainty, said government officials and business leaders. They noted that foreign firms are maintaining deep engagement…