China’s business community has expressed mounting concern over the European Commission’s use of the Foreign Subsidies Regulation (FSR), with experts warning that the move could distort competition and strain economic relations between China and the European Union. The concerns follow a decision by the European Commission — the EU’s executive arm — requiring a consortium…
China is stepping up efforts to help bridge the global development financing gap by scaling up aid and mobilizing resources in close partnership with multilateral institutions, underscoring stronger collaboration to deliver tangible outcomes, officials and representatives said at a forum. Liu Junfeng, vice-chairman of the China International Development Cooperation Agency, said global development faces severe…
China has intensified its nationwide campaign against counterfeit and pirated goods, the country’s top market regulator said on Friday, unveiling a sweeping enforcement record. The move also came as the country seeks to bolster intellectual property right protection and underpin its drive toward innovation. The State Administration for Market Regulation released its annual report on…
Ma Jiantang, member of the standing committee of the National Committee of the Chinese People’s Political Conference, gives a keynote speech at an event held in London on April 23, 2026. [Xing Yi / China Daily] The expansion of China’s domestic consumption in the next five years, especially in the services sector, will create huge…
Shanghai’s GDP reached 1.35 trillion yuan ($198.24 billion) in the first quarter of 2026, up 5.9 percent year-on-year, according to the data released by the municipal statistics bureau on Wednesday. Robust growth in the secondary industry has fueled the city’s upward economic momentum. The added value of the secondary industry exceeded 250.9 billion yuan in…
As China stands at the starting point of its 15th Five-Year Plan (2026-30), the world’s attention is once again fixed on the nation’s development pathway. What are the key global takeaways from this pivotal blueprint? Click the video for insights from three leading experts! Tanks to chinadaily.com.cn Please visit: Our Sponsor
As brands plan to stage first launches, open first stores, and debut exhibitions and shows in Shanghai in the coming days, the metropolis is set to further consolidate its leading position in China’s debut economy. Brands from home and abroad, including French luxury fashion Maison Margiela, Swiss luxury watch brand Tag Heuer, and Chinese trademarks…
Unmanned rotary tillers work with agricultural drones on tillage and fertilization at a smart farm in Changsha, Central China’s Hunan province, in April of 2026. [Photo/Xinhua] Spring rice production is in full swing at a smart farm in a village in Wangcheng district, Changsha, Hunan province. In recent years, the district has developed its rice…
With wider adoption of artificial intelligence by institutions as well as investors, Chinese households have seen an improvement in their average financial literacy for a third consecutive year even as the idea of long-term investment has yet to gain traction, according to a new report. The report, jointly released by Shanghai Jiao Tong University’s Shanghai…
Destination marketing body Tataki Auckland Unlimited will spare no efforts to foster economic and tourism development between China and New Zealand, said a senior executive. Annie Dundas, director destination at TAU, said: “Before the pandemic, 400,000 Chinese visitors went to New Zealand every year, and the number dropped to around 262,000 last year. There is…