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Press conference held for 2026 WIC Digital Silk Road Development Forum

A press conference for the 2026 World Internet Conference (WIC) Digital Silk Road Development Forum was held in Beijing on July 6, unveiling the forum’s overall arrangements, latest preparations and key highlights. Ren Xianliang, secretary-general of the WIC, Sun Daguang, head of the Publicity Department of the Communist Party of China Shaanxi Provincial Committee, and…

Zero-tariff policy for African goods sees fruitful returns

Customs staff inspect imported African fruits. [Photo provided to chinadaily.com.cn] On Monday, Shanghai Customs announced the positive results of China’s expanded zero-tariff treatment to all African countries that have diplomatic relations with, which began on May 1. Since its implementation, the value of imports from the 53 African countries benefiting from this measure has exceeded…

Resilience fuels confidence in China’s economy

Participants communicate with each other before the opening ceremony of the World Economic Forum’s 17th Annual Meeting of the New Champions, or the 2026 Summer Davos forum, in Dalian, Liaoning province, on June 24. ZOU HONG/CHINA DAILY Confidence in China’s economic prospects remains strong among officials, economists and global business leaders, as the world’s second-largest…

Charting nation’s next phase of development

AI After more than three decades of rapid expansion, China’s economy reached a cyclical peak in the first quarter of 2010 and has since gradually shifted into a phase of medium-speed growth, with the binding constraints on growth evolving from supply shortages to demand insufficiency. From a comparative international perspective, China is now positioned in…

China building more diversified, innovative financial system

Pan Gongsheng, governor of China’s central bank, provided a comprehensive overview of the evolving characteristics of the country’s financial structure and changes in financing data in his keynote speech at the 2026 Lujiazui Forum on June 17. Examining the issue from the perspectives of China’s transition to a new stage of economic development, industrial upgrading…

Safeguards in pipeline for e-commerce

China proposed amendments on Saturday to its e-commerce law that would, for the first time, build a solid legal basis for taking reciprocal countermeasures against foreign entities that impose discriminatory restrictions on Chinese e-commerce companies. The draft amendments, which were jointly released by the State Administration for Market Regulation and the Ministry of Commerce, represent…

Legoland Shanghai draws big crowds in 1st year

Legoland Shanghai Resort celebrated its 1st anniversary on July 5 by smashing a global record. The park welcomed over 2 million visitors in its debut year. John Jakobsen, chief strategic portfolio development officer at Merlin Entertainments, noted that the turnout exceeded expectations, adding: “We have never seen guests as satisfied and positive with the experience as they have…

Exoskeleton donation shows ‘warmth of technology’

When a major fire broke out in Tai Po, Hong Kong, last year, Hypershell, rooted in the Guangdong-Hong Kong-Macao Greater Bay Area, donated 200 units of exoskeleton equipment and dispatched a technical support team to the frontline. A testament to the renowned “Shenzhen speed” of innovation and “warmth of technology” in action. Tanks to chinadaily.com.cn…

China introduces draft amendments to protect platform companies going global

China released on Saturday draft amendments to its e-commerce law for public consultation, introducing new measures to support platform companies expanding overseas and protect their interests in international markets. The draft revisions, jointly released by the State Administration for Market Regulation and the Ministry of Commerce, are open for public comment until Aug 4. The…

China, UK step up services trade cooperation

Chinese Commerce Minister Wang Wentao and United Kingdom Secretary of State for Business and Trade Peter Kyle co-chair the 15th meeting of the China-UK Joint Economic and Trade Commission in London on Thursday. They exchanged in-depth views on trade, investment and regional and multilateral cooperation. [Photo provided to China Daily] China and the United Kingdom’s…