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] BEIJING – China is confident and well-prepared to continue promoting steady growth in and improving the quality of foreign trade, the Ministry of Commerce said Thursday. Currently, global economic…
Employees work on the production line of a factory in Ningde, Fujian province, in May. Wang Wangwang / For China Daily BEIJING — China’s private companies are spearheading breakthrough innovations across various key sectors, supported by favorable government policies that encourage entrepreneurship and unleash market vitality in technological advancement. The latest data show that the…
Employees use a drone to maneuver photovoltaic panels for installation on the roof of a coal shed in Ma’anshan, Anhui province, on May 5. ZHANG MINGWEI/FOR CHINA DAILY China’s rapid advancements in sustainable urban development offer valuable lessons for other rapidly urbanizing regions, particularly Southeast Asia and Africa, and even developed countries seeking to enhance their…
BEIJING — The Ministry of Finance on Wednesday said that it will issue 12.5 billion yuan ($1.75 billion) of renminbi-denominated treasury bonds in the Hong Kong Special Administrative Region on Aug 27. Specific issuance arrangements will be announced on the website of the Hong Kong Monetary Authority’s Central Moneymarkets Unit, the ministry said. It will…
BEIJING — China’s trade volume with fellow Shanghai Cooperation Organization (SCO) members reached a record high in the first seven months of this year, data from the General Administration of Customs (GAC) showed on Wednesday. From January to July, China’s total imports and exports with other SCO members reached 2.11 trillion yuan ($295.58 billion), marking…
The headquarters building of the New Development Bank in the Pudong New District in Shanghai China. XINHUA Despite headwinds and rising complexities in the global market, Shanghai’s Pudong New Area has managed to sustain economic growth thanks to continued efforts to open-up its market and optimize the economic structure, said local officials and company executives.…
A view of Zhaoqing High-tech Industrial Development Zone in Guangdong, which is hosting the 2025 BRICS Industrial Innovation Competition Qualifier Contest for the Energy Electronics Industry Track between Aug 20 and 21. [Photo provided to chinadaily.com.cn] Amid global energy structure transformation, an international competition has started in Zhaoqing, Guangdong province, to help bolster green transition…
Agreements for six major industrial projects were signed in Shanghai’s Lin-gang Special Area on Aug 19, as part of the area’s sixth anniversary celebrations. The high-profile projects include a heavy gas turbine project, a brain-computer interface verification platform, an underwater robot project and more, with a combined investment of over 40 billion yuan ($5.56 billion).…
The 2025 Cross-border Financial Services Forum takes place at the Shanghai Convention and Exhibition Center of International Sourcing in Putuo district on Tuesday. [Photo by Li Junfeng/chinadaily.com.cn] The 2025 Cross-border Financial Services Forum was held at the Shanghai Convention and Exhibition Center of International Sourcing in the city’s Putuo district on Tuesday. Aimed at helping…
The Chinese yuan has strengthened steadily against the US dollar this year, with the offshore yuan gaining over 2 percent year-to-date. Economists attribute the increase to both external and domestic drivers. Globally, the US economy has been weighed down by high interest rates and trade policy uncertainties, weakening the dollar index. Meanwhile, domestically, China’s resilient…