China’s Vice-Minister of Finance Liao Min stressed that high-quality development is fundamentally about sustainability, underscoring the country’s firm commitment to a green transition at a recent seminar held at the Asian Development Bank’s headquarters in Manila. He noted that China’s 15th Five-Year Plan (2026-30) contains 20 major indicators for economic and social development, eight of…
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…
An aerial drone photo taken on March 10, 2026 shows a container terminal of Lianyungang Port in East China’s Jiangsu province. [Photo/Xinhua] China’s foreign trade in goods rose 15 percent year-on-year in the first quarter of 2026 to 11.84 trillion yuan, according to the General Administration of Customs on Tuesday. More content to follow. Please…
The core area of Shanghai’s Hongqiao International Central Business District, which is at the heart of the Hongqiao International Opening-up Hub. [Photo provided to chinadaily.com.cn] Shanghai Hongqiao International Central Business District, a portal for China’s deepened two-way opening-up, will further improve its strength in commerce, exhibitions, traffic and technological innovation to prepare for high-quality development…
From left to right: Ni Xiaorong, president of Kuehne+Nagel China; Girum Abebe, country director of Ethiopian Airlines China; James Zhou, chief commercial officer, head of food & feed solutions, and head of Asia at Louis Dreyfus Company; George Xu, executive vice-president of Airbus and CEO of Airbus China. Editor’s Note: As China launches its 15th Five-Year Plan (2026-30),…
China’s financing activity maintained a solid pace in the first quarter of 2026 despite a moderate deceleration, continuing to provide steady support for the real economy, official data showed on Monday. The People’s Bank of China, the country’s central bank, said that the country’s outstanding aggregate social financing — the total amount of financing to…
China’s exports of power generators jumped sharply as manufacturers capitalized on surging global demand for computing infrastructure, with high-capacity diesel units driving growth to support energy-intensive data centers, exporters and market watchers said. The country’s exports of power generator units rose 49.66 percent year-on-year to 12.9 billion yuan ($1.89 billion) in the first two months…
CAI MENG/CHINA DAILY Recent tensions in the Middle East have been impacting global oil prices. WTI crude futures stood high above $98 per barrel on the woes haunting the Strait of Hormuz on Friday. Rising oil prices are bound to feed through to both China’s producer price index and consumer price index. Based on historical…
China’s manufacturing investment still shows resilience, maintaining further expansion in both scale and total volume. Preliminary estimates suggest that the current scale of manufacturing investment in China exceeds 15 trillion yuan ($2.17 trillion), accounting for nearly one-third of total fixed-asset investment. In recent years, large-scale equipment renewal policies have taken effect, making equipment purchase investment…
China and the United States are not only the world’s two largest economies but also the two largest consumer markets, with the dual status giving them an outsized role to play in shaping global trends, research and development, and supply chains, said Sean Stein, the president of the US-China Business Council. In an exclusive interview…