A Nio electric vehicle is assembled at an automated assembly line in Hefei, capital of Anhui province. CHINA DAILY In December 2012, when The Economist, a London-based magazine, identified Hefei as the world’s fastest-growing metropolitan economy, not many thought the capital of East China’s Anhui province would be able to maintain its steady pace of growth.…
An employee checks products at Maanshan Iron and Steel Co in Anhui province. The company is an extra large-sized iron and steel complex in the province. [Photo provided to China Daily] The four-day 2024 World Manufacturing Convention will offer 700 projects to top business leaders from around the world, inviting investment of 350 billion yuan…
Leading companies from 25 countries and regions will participate in the third Global Digital Trade Expo, which will take place in Hangzhou, Zhejiang province, said Tang Wenhong, assistant minister of commerce, at a news conference in Beijing on Sept 18, 2024. [Photo/Xinhua] The third Global Digital Trade Expo, which will take place in Hangzhou, capital…
This photo taken on Sept 11 shows a view of the China National Convention Center in Beijing. [Photo/Xinhua] CPA Australia, an international member organization, said it is optimistic about China’s economic growth potential and is looking for long-term cooperation with Chinese industrial players such as fostering more skilled accounting professionals. The organization attended the 2024…
This photo taken on Sept 13, 2024 shows an experimental high-speed train running along the Longyan-Longchuan High-Speed Railway in South China’s Guangdong province. [Photo/Xinhua] Intensifying efforts in major infrastructure projects is a prudent move, and should be highlighted at the moment for China, as it is facing headwinds of insufficient domestic demand, especially with consumption…
Guangdong’s foreign trade has made significant progress in emerging markets while maintaining good growth momentum in traditional markets during the first eight months of this year. According to a statement released by Guangdong Customs on Friday, the province’s import and export volume with the 17 countries in the Middle East, Latin America and Central Asia…
A consumer (right) learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY China’s latest efforts to promote trade-ins of home appliances will further stimulate consumer spending appetites, bolster consumption recovery and inject strong momentum into the country’s economic growth, experts said. They called for establishing mechanisms and…
The United States’ latest move to raise tariffs on certain Chinese products threatens the stability of global supply chains and will ultimately pass the burden onto its consumers, market watchers and corporate executives said on Sunday. The Office of the US Trade Representative announced on Friday that it has finalized tariff hikes on selected Chinese…
An aerial view of Tangshan Port, Hebei province in December 2023. [Photo / Xinhua] China will implement a zero-tariff policy on 100 percent of products originating from the least developed countries with which it has diplomatic ties, effective from Dec 1, said the Customs Tariff Commission of the State Council in an online notice on…
China’s advertising market has entered a critical year in its development. As well as functional consumer products related to health, wellness, and efficient cleaning have performed well, a new report found. In the first seven months of this year, the overall advertising expenditure in the country edged up 2.8 percent year-on-year, according to domestic market…