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China’s economic growth accelerates to 5% in Q1

Staff member processes copper rods at a workshop in Huaian, East China’s Jiangsu province, on Jan 19, 2026. [Photo/Xinhua] China’s economic growth accelerated to 5 percent year-on-year in the first quarter of 2026, the National Bureau of Statistics said on Thursday, posting a resilient expansion despite mounting uncertainties. The growth marks an increase from the…

Cross-customs returns in place to boost e-tailers

A drone photo taken on Dec 14, 2025 shows a cargo train bound for Southwest China’s Sichuan province, departing from China-Laos Railway’s Vientiane South Station in Vientiane, Laos. [Photo/Xinhua] China’s cross-border e-commerce retailers can now return exported goods through any customs port nationwide, rather than shipping them back to the original departure point, a policy…

Trillions in credit flow to back quality growth

A manager (left) from China Construction Bank visits a manufacturing client to inspect the use of credit funds and learn about the company’s operations in Nantong, Jiangsu province. XU JINGBAI/FOR CHINA DAILY Navigating a complex macroeconomic landscape, China’s listed banks are channeling more credit into industries of the future, while shifting their lending focus toward…

China raises overseas lending cap for foreign banks to support firms’ global expansion

China has significantly raised the cap on overseas lending by foreign-funded banks operating domestically, in a move to deepen capital account opening-up and better support Chinese companies’ global expansion. The adjustment was announced on Wednesday by the People’s Bank of China, the country’s central bank, and the State Administration of Foreign Exchange. Under the new…

Guangdong plans diversified green power system by 2030

At a press conference in Guangzhou on Wednesday, a senior Guangdong official laid out the province’s plans to build a diversified and green power supply security system in line with its intention to develop its clean energy industry during the 15th five-year-plan period (2026-30). The plans include developing safe and efficient nuclear power, offshore wind…

French exhibitor’s perspective: Quality and opportunity at CICPE in Hainan

At the 6th China International Consumer Products Expo (CICPE) in Haikou, Ramel Francois Felix from a winemaking cooperative called Les Vignerons du Castelas, expressed his enthusiastic appreciation for the event. He praised the expo for its superb organization and the significant visitor volume, which gave exhibitors a fantastic platform to showcase their products and network.…

Huairou eyes growth driven by event hosting

A glance at the science town in Huairou district, Beijing. [Photo provided to chinadaily.com.cn] Beijing’s Huairou district has rolled out new measures to optimize its business environment while upgrading its event-hosting sector to foster high-quality urban development, officials said. The recently released 10 measures, following 20 others launched earlier this year, aim to further enhance…

Investors benefit from predictable policy environment

A staff member inspects hydrogen production facilities in Qingdao, Shandong province, on July 23. ZHANG JINGANG/FOR CHINA DAILY China has cemented its position as the undisputed heavyweight champion in the global hydrogen economy, capturing nearly a third of worldwide capital commitments as the sector aggressively pivots from experimental pilot projects to a trillion-yuan commercial reality,…

From debut to launch: Global brands choose China

The sixth China International Consumer Products Expo focuses on premium international products and new product launches. Over 200 new products are set to launch—doubling last year’s total, with a multitude of products making their global debuts, Asia-Pacific premieres, and China launches in succession. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Import surge points to solid domestic demand

Faster growth of imports over exports in the first quarter of the year underscores China’s strengthening domestic demand and the growing potential of its vast market that offers fresh opportunities for global businesses amid an uncertain external environment, government officials and business leaders said on Tuesday. The country’s foreign trade grew 15 percent year-on-year to…