Skip to content

economic

Strong Chinese economy in Q1 demonstrates resilience, say pundits

The skyline of Beijing. [Photo/VCG] BEIJING – China’s economy delivered a strong start in the first quarter, demonstrating steady performance and resilience, economists and observers have said. The country’s gross domestic product (GDP) grew 5.4 percent year-on-year to 31.8758 trillion yuan ($4.42 trillion) in the first quarter of 2025, data from the National Bureau of…

Comprehensive bonded zones fuel China’s foreign trade growth

This photo taken on April 9, 2025 shows the site of a firm specializing in flight simulator R&D and training inside the comprehensive bonded zone of Beijing Daxing International Airport in Beijing. [Photo/Xinhua] BEIJING – A truck loaded with 1.3 tons of clothing, hats, sunglasses and other goods departed from the cross-border e-commerce warehouse at…

Consumer commodity show unveils tech-driven smart future

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] HAIKOU — A seamless integration of cutting-edge technologies into daily life is taking center stage at the ongoing…

Hainan expo highlights China’s allure for international brands

People visit the UK pavilion during the fifth CICPE in Haikou, Hainan province, on April 13. WANG CHENGLONG/FOR CHINA DAILY HAIKOU — The fifth China International Consumer Products Expo, held in the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global enterprises. This year’s expo has drawn record participation…

China’s exhibition industry a lighthouse of respected industries: COO

“I think we are seeing a transformation now in the Chinese exhibition industry,” said Marius Berlemann, chief operating officer of Messe Dusseldorf Group, in an exclusive interview with China Daily Website, “that exhibitions here are really also becoming a lighthouse of each respected industry.” What will be the latest innovations? What will be the trends…

China says it remains open to economic, trade talks with US

File photo shows the national flags of China and the United States. [Photo/Xinhua] China has maintained communications with its counterparts in the United States, and China’s position has always been clear, which is having an open attitude toward economic and trade consultations with the US, the Ministry of Commerce said on Thursday. The unilateral imposition…

Booming Canton Fair demonstrates resilience of Chinese foreign trade

An aerial photo of the exterior of the 137th Canton Fair complex in Guangzhou, South China’s Guangdong province, on April 15, 2025. [Photo/VCG] The booming China Import and Export Fair or Canton Fair has demonstrated the resilience of Chinese foreign trade, Chinanews.com reported on Wednesday. A total of 64,530 overseas buyers attended on-site, marking an…

China releases guideline to facilitate cross-border financial data flow

File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s central bank has released a new guideline on the compliance of cross-border data flow in the financial sector to make the cross-border flow of financial data from Chinese and foreign financial institutions more efficient and standardized. The People’s Bank of…

Pudong unveils new measures to attract foreign investment

The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] Shanghai’s Pudong New Area, which is positioned to pioneer China’s socialist modernization, released a set of 14 new measures on Tuesday to step up its efforts to attract foreign investment, which is conducive to the advancement of more reform and opening-up attempts. The new…

Pet market recovery signals economic rebound

A man carries a pet cat by Huangpu River in Shanghai on April 5.[TANG YANJUN/CHINA NEWS SERVICE] China’s pet industry recovered strongly in 2024, with the urban consumption market for pet dogs and cats surpassing 300.2 billion yuan ($41.1 billion), up 7.5 percent year-on-year, according to the 2025 China Pet Industry White Paper recently released…