HAIKOU – China’s services consumption is not only rebounding but evolving rapidly, becoming a key driver of overall consumption growth, according to a report released by the China Institute for Reform and Development. The Hainan-based think tank published the report on Monday during this year’s China International Consumer Products Expo, the country’s only national-level exhibition…
BEIJING – The Export-Import Bank of China (China EximBank) announced on Monday that it has issued two themed financial bonds totaling 12 billion yuan ($1.66 billion) in the interbank bond market. The bonds, issued last Thursday and Friday, aim to facilitate the quality and efficiency improvements of China’s foreign trade and support connectivity in foreign…
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Subway construction workers get inoculated with COVID-19 vaccines in Nantong, Jiangsu province, on Tuesday. Medical experts are urging the public to get vaccinated as soon as possible and to abide by personal hygiene measures. XU CONGJUN/FOR CHINA DAILY See story, page 3 After a high-level meeting hosted by China, the United Nations Security Council has…
People enjoy spring time at a park in Lucheng district of Wenzhou city, East China’s Zhejiang province, March 1, 2025. [Photo/Xinhua] As China navigates a shifting global trade landscape and aims to sustain its economic momentum, the country’s growth potential increasingly hinges on unlocking domestic consumption and accelerating structural reforms, said Denis Depoux, global managing…
This photo taken on Feb 7, 2024 shows the launch ceremony of the China’s Qinling Station in Antarctica. China’s Qinling Station in Antarctica, the country’s fifth research station in the continent, started operation on Feb 7, 2024. [Photo/Xinhua] TAIYUAN — China’s Qinling Station in Antarctica launched a pioneering hybrid power system in March, integrating wind,…
A bus fills up at a hydrogen refueling station in Beijing in July 2023. TIAN YUHAO/CHINA NEWS SERVICE BEIJING — Wang Zihao has been very busy receiving foreign clients recently. His employer, Hygreen Energy, a Beijing-based company engaged in electrolysis and hydrogen production, has seen its alkaline electrolyzer products exported to nearly 30 countries, including the…
File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] BEIJING – China issued 9.78 trillion yuan ($1.36 trillion) in new yuan-denominated loans in the first three months of 2025, central bank data showed on Sunday. At the end of March, outstanding yuan loans amounted to 265.41 trillion yuan, up 7.4…
Children play with a robot dog toy at the 5th China International Consumer Products Expo (CICPE) in Haikou, South China’s Hainan province, April 13, 2025. The 5th CICPE runs from April 13 to 18 in South China’s island province of Hainan. [Photo/Xinhua] As China’s only national-level exhibition focused on consumer goods, this year’s edition emphasizes…
Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to chinadaily.com.cn] BEIJING — China is committed to safeguarding an open, inclusive, transparent and non-discriminatory multilateral trading system, said Commerce Minister Wang Wentao on Friday during a video call with Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala. During…