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Innovation empowers new consumption trends in Chengdu

A woman takes a picture of an artistic sculpture inspired by Hugo Award-winning author Liu Cixin’s sci-fi trilogy The Three-Body Problem in Jiaozi avenue, Chengdu, Sichuan province, Jan 5, 2025. [Photo/Xinhua] As China’s consumer market continues to evolve, the emotional experience and customized products are becoming an increasingly prominent trend for consumption nowadays, Xinhua reported…

Measures rolled out to promote growth of inland business hubs

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The General Administration of Customs unveiled 15 policy measures on Tuesday to stimulate growth in the New International Land-Sea Trade Corridor, aiming to reduce transportation costs for importers and exporters while promoting the development of inland business hubs. With its operational hub based in Chongqing in Southwest China, this trade corridor connects global ports via…

Shandong bolsters innovation to boost new quality productive forces

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In the prefecture-level city of Heze in East China’s Shandong province, an automatic brick unloading and packing machine heading for Kyrgyzstan is ready for shipment at Shandong Juxiang Machinery Co Ltd. The company, located in Juye county, has received more than 20 orders from Kyrgyzstan for such automatic packing machines, which is the first domestically-produced…

Chinese vice-premier calls for high-quality development of SOEs

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BEIJING — Chinese Vice-Premier Zhang Guoqing on Tuesday emphasized the need to deepen the reform of state-owned capital and enterprises, enhance the efficiency of supervision over state-owned capital, and promote the high-quality development of state-owned enterprises (SOEs). Zhang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the…

Shanghai: A hub of openness and curiosity

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Astrid Poghosyan, project manager at the Shanghai Symphony Orchestra, describes Shanghai as a hub of openness and curiosity. She said the city’s diverse community fosters a sense of belonging and encourages exploration of new ideas and collaborations. This openness and willingness to embrace different perspectives is what makes Shanghai such a dynamic and innovative place,…

Increased cooperation seen key to resolving Sino-EU trade disputes

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Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, on March 10, awaiting export. [WANG YUSHI/FOR CHINA DAILY] China and Europe should enhance cooperation and leverage their comparative advantages and unique strengths in areas such as electric vehicles to develop third-party markets, which could help broaden business opportunities and…

PBOC pledges more monetary policy support

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Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China’s central bank confirmed on Monday the continuation of its supportive monetary policy stance, a move that analysts said has reinforced expectations of another cut in the reserve requirement ratio to accommodate additional government bond issuance. The ongoing…

China sees steady expansion in number of business entities

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A view of CBD area in Beijing on June 20, 2023. [Photo/VCG] BEIJING – China’s total number of business entities had reached 188 million by the end of September 2024, marking a 3.9-percent year-on-year rise, the State Administration for Market Regulation said on Friday. Of this total, 60.2 million were companies while over 125 million…

China to impose temporary anti-dumping measures on EU brandy imports

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[Photo/VCG] BEIJING – China’s Ministry of Commerce announced on Monday it will impose temporary anti-dumping measures on certain brandy imports originating from the European Union (EU), effective Nov 15. The decision follows a preliminary investigation that found EU brandy producers were dumping certain products in China, threatening to cause substantial damage to the domestic industry,…

Malaysia to deepen biz ties with China

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Malaysia’s booth attracts visitors during the 7th CIIE in Shanghai. [ZOU HONG/CHINA DAILY] As this year’s guest of honor country at the 7th China International Import Expo, Malaysia is making the most of the spotlight to showcase its export offerings and develop stronger economic cooperation with China, said Tengku Zafrul Aziz, Malaysia’s minister of investment,…