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SASS: Globalization enters phase 4.0, shaping sustainable order

The Shanghai Academy of Social Sciences publishes the 2025 edition of the Blue Book of World Cities at a related seminar in Shanghai on Tuesday. [Photo provided chinadaily.com.cn] Globalization has entered into a 4.0 phase, characterized by a more inclusive, balanced and sustainable global order, experts from the Shanghai Academy of Social Sciences said while…

China’s new private sector law: Foreign diplomats weigh in

What drives the approval of foreign ambassadors? Why has the private sector promotion law drawn so much global attention? Let’s get the answers from this video! China’s Private Economy Promotion Law took effect on May 20, 2025, marking the country’s first fundamental legislation dedicated to the private sector. China has rolled out a raft of…

First bonded aircraft maintenance launched in Xinjiang

The aircraft of Camex Airlines is being towed into the hangar at Urumqi Tianshan International Airport in Xinjiang Uygur autonomous region, commencing its C periodic bonded maintenance. [Photo provided to chinadaily.com.cn] With the acceleration of the construction of China (Xinjiang) Free Trade Zone, aircraft bonded maintenance is becoming a new engine for the development of…

I drank bus exhaust

I drank a bus’s “exhaust”—and guess what…It was not part of a daredevil challenge show. It’s a real snapshot of China’s clean energy revolution. In Zhangjiagang, Suzhou, Jiangsu province, one in every 10 city buses runs on hydrogen. It breathes in hydrogen and exhales pure water. Zero pollution. Zero emissions. Behind that single drop of…

Renewable energy powers Summer Davos in Tianjin

The National Convention and Exhibition Center in Tianjin is the host of the 2025 World Economic Forum’s Annual Meeting of New Champions, also known as the Summer Davos. Sustainability is the main concept behind the venue’s construction. [By Fu Guigang/for chinadaily.com.cn] The National Convention and Exhibition Center in Tianjin, host of the 2025 World Economic…

Chinese economy shows resilience, prioritizes tech, talent investment

A press conference of the 2025 Summer Davos is held in Beijing, capital of China, June 17, 2025. [Photo/Xinhua] BEIJING — China’s economic development is taking a long-term view by investing in technology and human capability, which is evident in the way new industries have evolved, whether in green energy sectors or industrial transformation and…

China vows to protect rights of Chinese companies against EU ban

China has urged the European Union to immediately correct its wrongful practices and pledged to take necessary measures to firmly safeguard the legitimate rights and interests of Chinese companies, said the Ministry of Commerce on Tuesday. The European Commission, the executive arm of the EU, decided last week to bar Chinese companies from bidding on…

China opposes EU’s protectionist move against Chinese firms: ministry

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Enhanced transport options deliver new business opportunities

A container ship carries new energy vehicle parts at Qinzhou Port in Qinzhou, Guangxi Zhuang autonomous region, in October. ZHANG AILIN/XINHUA CHONGQING — The inland municipality of Chongqing, where mountains and hills account for 90 percent of its terrain, has been transforming itself into a pivotal logistics nexus, linking the world via multiple trade arteries.…

Shanghai to improve biz environment

An aerial drone photo shows visitors enjoying the cityscape at The Stage, a new observation deck atop White Magnolia Plaza in Shanghai, East China, April 14, 2025. [Photo/Xinhua] Further institutional innovation and deepened opening-up are crucial to strengthen Shanghai’s competitiveness as an international financial center, said experts. Their comments were made following the new action…