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Guangdong’s foreign trade hits $633.9b in first two quarters

Guangdong’s effort to diversify its global market has achieved results, as the province recorded a total foreign trade volume of more than 4.55 trillion yuan ($633.9 billion) in the first half of the year, a year-on-year growth of 4 percent, said the Guangdong customs authorities during a news conference in Guangzhou on Friday. Guangdong’s trading…

Shanghai to launch new round of consumer vouchers worth $70m

Shanghai will launch a new round of consumer vouchers worth 500 million yuan ($69.6 million) in the second half of 2025 to boost spending across dining, tourism, entertainment, culture, and sports sectors, local authorities announced Friday. The enhanced voucher program introduces several improvements, including the debut of cultural vouchers accessible to nationwide consumers and the…

China’s outbound investment growth averages over 5% from 2021-2024

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China’s trade-in programs boost consumption: minister

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested…

Cooperation should replace zero-sum mentality: ministry

China has called on the United States to abandon its “zero-sum mentality” and further remove a series of unreasonable trade restrictions targeting Chinese companies, the Ministry of Commerce said on Friday. The spokesperson made the comments in response to reports that the US approved Nvidia’s H20 sales to China because Huawei can already make equivalent…

Nation sets its sights on export boost

China will intensify efforts to advance high-quality trade development, deepen international cooperation and bolster innovation to further boost exports during the 15th Five-Year Plan (2026-30) period, the country’s top commerce official said on Friday. Speaking at a news conference in Beijing, Commerce Minister Wang Wentao said these measures will foster an open, cooperative and mutually…

Yandex presents in-vehicle tech for Chinese carmakers

Zhou Tian, senior business director for Yandex Auto China, shares survey results of Russian consumers’ interest in Chinese vehicles, at Auto Shanghai, on April 24, 2025. [Photo provided to chinadaily.com.cn] Russian technology firm Yandex has unveiled its in-vehicle infotainment platform at the Auto Shanghai 2025, targeting Chinese automakers eyeing expansion into Russia and Central Asia’s…

Why stable China-US trade matters more than ever

CAI MENG/CHINA DAILY In a time of rising global economic uncertainty and geopolitical fragmentation, the trade relationship between China and the United States remains one of the world’s most consequential. Despite current tensions, it is critical to recognize that economic cooperation between the world’s two largest economies is not just a bilateral matter — it…

China’s economic development zones aim for greater role in reform, opening up

BEIJING — During the initial years of China’s historic journey of reform and opening up over four decades ago, the first 14 national-level economic and technological development zones were established in 12 coastal cities. Today, there is a vast network of 232 such zones right across the country, serving as vital engines of development. In…