The regional GDP of Guangdong province, an economic powerhouse in South China, is expected to surpass 15 trillion yuan ($2.05 trillion) in 2025, with a year-on-year increase of about 5 percent, according to a blueprint on the province’s economic and social development outlook. Coordinated efforts of stock, incremental policies and new quality productive forces will…
Tourists take photos at the Bund area of Shanghai. [Photo by Wang Gang/For China Daily] Shanghai introduced a set of 20 new measures on Friday to facilitate the development of the small and medium-sized enterprises specializing in niche sectors, commanding high market share and boosting strong innovation capacity, as they are of much importance to…
A visitor checks out a booth displaying chips made for autonomous electric cars at an auto show in Shanghai. [Photo provided to China Daily] The China Semiconductor Industry Association on Friday clarified regulations governing the origin determination of semiconductors for import declarations, impacting US chip makers that have US-based plants. The China Semiconductor Industry Association…
A customer shops at a supermarket in Binzhou, Shandong province, on April 10, 2025. CHU BAORUI/FOR CHINA DAILY China may soon launch a comprehensive set of additional macroeconomic measures to cushion a potentially substantial demand shock due to the United States’ tariff hikes, reiterating its commitment to the preset annual economic growth target, said economists…
Editor’s note: The United States’ recent announcement of a new round of tariffs policies has sparked strong criticism, with experts warning that US consumers will be ‘hammered’ heavily by it and bear the brunt of the costs. Let’s see what the opinion-shakers say. A screenshot from the official website of CNN. [Image/edition.cnn.com] American consumers will…
A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] The joint efforts of China and the European Union to uphold a rules-based multilateral trading system and promote trade liberalization will enhance the stability and certainty of global trade and the world economy, said senior trade officials on both sides. During his meeting…
A trader reacts in despair while watching the index at the Chicago Board Options Exchange in Chicago, the US state of Illinois, on Tuesday. NAM Y. HUH/AP Wayne, an IT worker from Houston, Texas, said he does not need economic experts or the media to tell him how the tariffs will impact him and his…
Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to chinadaily.com.cn] China has called on the United States to work with Beijing toward the same direction, to resolve respective concerns and jointly promote the sound, stable and sustainable development of China-US economic and trade relations, according to a white…
BEIJING — China’s State Council Information Office on Wednesday released a white paper titled “China’s Position on Some Issues Concerning China-US Economic and Trade Relations.” Please see the attachment for the document. China’s Position on Some Issues Concerning China-US Economic and Trade Relations Tanks to chinadaily.com.cn Please visit: Our Sponsor
Shipping containers are stacked at the Port of Long Beach on April 2, 2025, in Long Beach, California. [Photo/Agencies] BEIJING — The “reciprocal tariffs” imposed by the US will damage its own and others’ interests, said a white paper issued by China’s State Council Information Office on Wednesday. The imposition of “reciprocal tariffs” is a…