Delivery employees pass through Beijing’s central business district on Feb 20. [ZHAO WENYU/CHINA NEWS SERVICE] China’s top market regulator has pledged a sweeping crackdown on cutthroat competition, warning that relentless price wars and copycat tactics would hinder innovation. The latest push marked Beijing’s push to regulate overheated markets, including online food delivery sector, without over…
A cargo ship carrying foreign trade containers drives out of Qingdao Port in Qingdao, East China’s Shandong province, on May 12. YU FANGPING/FOR CHINA DAILY Chinese Vice-Premier He Lifeng, the lead negotiator regarding Sino-US trade and economic affairs, met with lead persons from the other side — US Treasury Secretary Scott Bessent and US Trade…
China will further push innovation in next-generation telecommunication and digital infrastructure, such as 6G wireless technology, as part of its broader efforts to nurture new quality productive forces and build a modern industrial system, according to the Ministry of Industry and Information Technology. Zhang Yunming, vice-minister of industry and information technology, said that more efforts…
An employee of a smart spinning company drives a scooter to inspect the automated ultra-long spun yarn production line in Jimo district of Qingdao city, East China’s Shandong province, on March 25, 2025. [Photo/Xinhua] BEIJING — China’s top economic planner on Wednesday held a symposium for private enterprises to gather opinions on current economic conditions…
Consumers discuss details about a cell phone with an assistant at a shopping mall in Shushan district, Hefei, Anhui province, April 26, 2025. [Photo/VCG] As of May 11, the number of applications for vehicle renewal subsidies reached around 3.23 million in 2025, according to data released by the Ministry of Commerce on Monday. Since the…
As China’s tropical island province of Hainan starts independent Customs operations by the end of the year, its level of openness is expected to reach new highs and benefit more foreign partners, said senior officials. In line with the highest international standards of openness, the liberalization and facilitation of trade and investment have been the…
Chinese foreign trade companies are picking up steam in fulfilling orders after China and the United States announced on Monday that they had reached an agreement to reduce tariffs on each other during trade talks in Geneva, Switzerland. The influx of orders from the US has posed a challenge to the production and supply capabilities…
Chen Guangzhe, vice-president for infrastructure at the World Bank, speaks at the opening ceremony of the Regional City Academy Asia of the Global Platform for Sustainable Cities held between May 12 and 14 in Guangzhou of Guangdong province. [Photo provided to chinadaily.com.cn] A senior World Bank official has affirmed that Guangzhou, capital of Guangdong province,…
On May 15, the 2025 Shandong Premium Export Products Shopping Season was launched in Jinan, the capital of East China’s Shandong province, unveiling a curated selection of world-class goods for the domestic market. The initiative heralds a province-wide movement to bring internationally acclaimed Shandong products to local consumers, celebrating the region’s industrial excellence and manufacturing…
PARIS — Chinese Vice-Premier He Lifeng said here on Thursday that China is willing to work with France to strengthen coordination on multilateral international affairs, and safeguard an open and cooperative international economic and trade environment. He, the Chinese lead person of the China-France High Level Economic and Financial Dialogue, made the remarks while co-chairing…