Reporters from international media wait outside Rosenbad, the Swedish prime minister’s office, on Monday morning in Stockholm, Sweden. [Photo by Xing Yi/chinadaily.com.cn] STOCKHOLM – The Chinese and US delegations convened here on Monday for a new round of economic and trade talks. Reporters from international media wait outside Rosenbad, the Swedish prime minister’s office, on…
Organon CEO Kevin Ali has been appointed the new chairperson of the US Chamber of Commerce’s China Center, saying he is “eager to work with all parties to foster diverse business partnerships”. [Photo provided to chinadaily.com.cn] A senior business leader from the United States has insisted that to inject new momentum into achieving mutual benefits…
BEIJING — China’s manufacturing sector softened slightly in July due to seasonal factors, but underlying growth momentum remained resilient, with emerging industries gaining traction and business confidence continuing to improve. The purchasing managers’ index (PMI) for manufacturers stood at 49.3 in July, down from 49.7 the previous month, according to data released Thursday by the…
BEIJING — The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 50.1 in July, down from 50.5 the previous month, official data showed Thursday. A reading above 50 indicates expansion, while a reading below 50 reflects contraction. The sub-index for the construction sector came in at 50.6 in July, down from the…
An aerial drone photo shows a duty-free shopping mall in Sanya, South China’s Hainan province, May 29, 2025. [Photo/Xinhua] Customs operations at the Hainan Free Trade Port, which will be completely independent island-wide from mid-December, are expected to strengthen the port’s connectivity with Asia-Pacific economies and boost its appeal to global investors, said market watchers…
BEIJING — China’s National Development and Reform Commission announced on Wednesday that it is soliciting public opinions on draft plans to guide and evaluate government investment funds, aiming to better leverage their role in serving national strategies, boosting industrial upgrading, and fostering innovation and entrepreneurship. The draft plan on guiding government investment funds is designed…
China’s top industry regulator reaffirmed the country’s commitment to supporting foreign-funded enterprises during a meeting with major US companies, including Apple Inc, in Beijing on Tuesday. Li Lecheng, minister of industry and information technology, said his ministry will continue to offer strong service support for US firms operating in China. He encouraged US companies to…
BEIJING — A total of 30,014 foreign-invested enterprises were newly established in the Chinese mainland in the first six months this year, representing year-on-year growth of 11.7 percent, the Ministry of Commerce said on Tuesday. During the period, foreign direct investment (FDI) in the Chinese mainland in actual use totaled 423.23 billion yuan ($59.18 billion),…
Driving the development of new quality productive forces through scientific and technological innovation and building a modern industrial system constitute the key pathway for China to anchor its goal of high-quality economic development, seize opportunities to gain strategic initiative, and achieve great national rejuvenation. Currently, consumer-oriented, personalized, and flexible manufacturing products are rapidly becoming part…
An employee sorts fitness equipment at Shandong DHZ Fitness Equipment Co Ltd in Ningjin county, Shandong province, in April. Zhu Zheng / Xinhua In a bustling gym in Sao Paulo, Brazil, the owner adjusted a sleek, steel-gray bench press machine. The equipment gleamed under the fluorescent lights, branded with a name few in Brazil would…