China and the United States on Tuesday extended the pause on tariff hikes on each other’s goods for another 90 days, a move that market watchers and exporters said will help address trade frictions through dialogue and ease anxieties of businesses. They said the latest reciprocal move on tariffs is expected to stabilize bilateral trade…
BEIJING – Private and foreign-invested enterprises saw steady expansion in China in the first half of the year, official data showed Tuesday, indicating improving market expectations as well as the country’s appeal as a global investment hub. Some 4.35 million new private enterprises were established in the first six months, up 4.6 percent year-on-year, according…
Visitors film a fireworks show enhanced by visual and lighting technologies in Liuyang, Hunan province, on July 12. CHEN SIHAN/XINHUA BEIJING — At a bustling appliance store near Shanghai’s Zhongshan Park, sales staff enthusiastically demonstrated product features and calculated discounts. The summer shopping season has been in full swing. A local resident surnamed Yao was looking…
Workers unload the nose section of an A320 aircraft. [Photo by Yan Dongjie/chinadaily.com.cn] The major components for the A320 aircraft series to be assembled in Tianjin have arrived at Tianjin Port aboard the COSCO Shipping Sagittarius, which sailed from Europe. The vessel docked at the Tianjin Port Pacific International Container Terminal on Sunday. The delivery comes…
An international student from Vietnam (right) helps deliver an e-commerce livestreaming session in the Nanning Area of the China (Guangxi) Pilot Free Trade Zone. [Photo/Xinhua] China (Guangxi) Pilot Free Trade Zone recently unveiled its 2025 data export management list (negative list) , aiming to balance secure and efficient cross-border data flows. The list focuses on…
This photo taken on Feb 1, 2025 shows a city view of Hong Kong. [Photo/Xinhua] Hong Kong’s economy demonstrated strong resilience in the second quarter of this year, marking the tenth consecutive quarter of positive growth, with experts anticipating the upward trajectory to persist well into the second half and positioning the city to meet…
BEIJING — China reported positive signs in terms of both consumer and producer prices last month, as government policies to boost domestic demand continued to take hold. The consumer price index (CPI), a main gauge of inflation, climbed 0.4 percent in July compared with the previous month, reversing a 0.1-percent drop in June and exceeding…
A visitor displays a cup of coffee purchased with China’s digital yuan, or the e-CNY, April 26, 2023. [Photo/Xinhua] As global currency competition intensifies in the digital space, Chinese economists are urging a dual-track approach to strengthen China’s monetary position — leveraging both central bank digital currency innovation and stablecoin development, with a clear eye…
A distant view of the Guomao CBD skyline in Chaoyang district, Beijing, on July 5, 2025. [Photo/VCG] Foreign companies are helping drive strong economic growth in Beijing’s Chaoyang district, with GDP expanding by 5.1 percent in the first half of the year, said a senior official of the district in a media conference. The district…
Visitors check out a humanoid robot at the third China International Supply Chain Expo in Beijing in July. WANG JING/CHINA DAILY BEIJING — As innovation and design emerge as new engines of growth, China’s manufacturing sector is undergoing a shift from scale-driven expansion to value-oriented transformation. In the first half, robust output in high-tech sectors, ranging…