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Giant domestic mkt hedge against tariffs

  This photo taken on April 10, 2025 shows the Hainan International Convention and Exhibition Center, the main venue of the upcoming fifth China International Consumer Products Expo (CICPE) in Haikou, capital of South China’s Hainan province. [Photo/Xinhua] As the complexity, severity and uncertainty of the external environment continue to intensify, China’s foreign trade has…

Inclusive AI governance for all: WIC releases report on AI governance

The World Internet Conference (WIC) released its report on Governing AI for Good and for All — Empowering Global Sustainable Development at the Asia-Pacific Summit in Hong Kong on April 14‌. Focusing on AI governance and sustainable development, the report presents the global progress, current developments, and existing issues in AI for sustainable development, with…

Services a major driving force behind China’s consumption growth: report

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…

China EximBank issues bonds to support foreign trade

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…

Global Edition

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CHINADAILY EPAPER

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…

Consumption, innovation to boost economy

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…

Antarctic station goes clean with new technology

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,…

Hydrogen energy exports surge on green drive, industrial cluster effect

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…

China issues 9.78t yuan in new loans in first three months of 2025

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…