China’s foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan ($5.02 trillion) in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. China’s…
This undated photo shows a bird’s eye view of Qianhai of Shenzhen, Guangdong province. [Photo provided to China Daily] Shenzhen’s new carbon trading platform marks a significant step toward China’s push for carbon neutrality, as it will revolutionize carbon trading and set up a comprehensive system to measure and label greenhouse gas emissions in the…
The skyline of Beijing. [Photo/VCG] China’s economy showed early signs of having bottomed out across the board in October, indicating that the country’s ramped-up efforts to revitalize domestic spending against external uncertainties are starting to yield effects, analysts said on Tuesday. They commented as data from media group Caixin pointed to the fastest expansion of…
Employees work on a Volkswagen smart production line in Hefei, Anhui province, in September. [CHEN ZHUO/FOR CHINA DAILY] BEIJING — Foreign investors are becoming increasingly bullish on the Chinese market, bolstered by the country’s recent incremental policies aimed at vitalizing growth momentum. UBS Investment Bank has raised its China 2024 growth forecast to 4.8 percent…
Krishna Srinivasan (left), director of the International Monetary Fund’s Asia and Pacific Department, attends a media conference in Colombo, Sri Lanka, in May 2023. [Photo/Xinhua] WASHINGTON — Asia, which is contributing 60 percent to global growth, is clearly the powerhouse of the global economy, said Krishna Srinivasan, director of the International Monetary Fund’s Asia and…
The beautified exterior of the 136th session of the China Import and Export Fair in Guangzhou, South China’s Guangdong province on Oct 13, 2024. [Photo/VCG] GUANGZHOU – A huge robot made from 20,800 bottle caps waves its arms, turning its head to look around at the children and adults who have gathered to take photos.…
Containers are unloaded at Qingdao Port in Shandong province in March. [Photo by Yu Fangping/For China Daily] The Global Chamber of Commerce Federation (GCCF) was officially launched on Friday, aiming to further break down barriers across various regions and sectors as well as help companies around the globe explore business opportunities. The establishment of the…
A truck loads containers at Tangshan Port, North China’s Hebei province. [Photo/Xinhua] China is making solid efforts in boosting the steady growth of its foreign trade sector, as this will give a much-needed boost to the continuous recovery and betterment of the economy, the State Council, the country’s Cabinet, said on Friday. China will ramp…
This undated photo shows a bird’s eye view of Qianhai of Shenzhen, Guangdong province. [Photo provided to China Daily] Foreign investors and business representatives are urged to make the Guangdong-Hong Kong-Macao Greater Bay Area an important destination for their investments and businesses in order to jointly construct and share the most open, innovative and dynamic…
Representatives participating in the 2024 SCO Youth Campus take part in a group discussion during the 2024 SCO Youth Development Forum in Qingdao, Shandong province, on Nov 7. [Photo provided to chinadaily.com.cn] The 2024 Shanghai Cooperation Organization Youth Development Forum, themed “Cultivate and Develop New Driving Forces and New Skills,” was held on Nov 7…