People shop for smartphones and other consumer electronics eligible for the Chinese government’s trade-in subsidies at a retailer in Zaozhuang, East China’s Shandong province, Feb 21, 2026. [Photo/Xinhua] BEIJING – China’s consumer goods trade-in programs generated 1.1 trillion yuan ($161.9 billion) in sales in the first half (H1) of 2026, benefiting 150 million consumers, official…
A China-Europe freight train enters Erenhot Port in North China’s Inner Mongolia autonomous region, June 24, 2026. [Photo/Xinhua] BEIJING – China has now granted zero-tariff policies for 63 countries, a customs official said on Wednesday, as the country moves to further expand high-standard opening up. The customs authority will continue to expand diversified markets during…
BEIJING – Almost 4,800 foreign-funded enterprises made additional investments in China in the first half (H1) of 2026, reflecting their continued confidence in the Chinese market, Vice-Minister of Commerce Yan Dong said on Thursday. The number of newly established foreign-invested enterprises rose 5.3 percent year-on-year during this period, while foreign direct investment (FDI) in actual…
A drone photo taken on June 20, 2026 shows a view of the Tianjin Port in North China’s Tianjin municipality. [Photo/Xinhua] China and the United States are consulting relevant stakeholders on arrangements for reciprocal tariff cuts and will move swiftly to put them into effect, the Ministry of Commerce said on Thursday, an effort expected…
Sun Xiaolei, partner and vice-president of Waterdrop Inc, shared her insights in an interview on the sidelines of the 2026 World Internet Conference Digital Silk Road Development Forum – highlighting that digital technology has greatly improved the accessibility of critical illness assistance. She noted that digital technology, powered by mobile internet and artificial intelligence technologies,…
At the 2026 World Internet Conference Digital Silk Road Development Forum in Xi’an, Tao Keyu, a member of staff at Tesla, spoke about the application of digital technology in the automotive industry. Tao said digital technology has brought groundbreaking changes to the auto industry. Unlike conventional vehicles, NEVs leverage so-called OTA, or over-the-air software upgrade…
BEIJING – China has officially rolled out its plan for renewable energy development during the 15th Five-Year Plan period (2026-2030), the National Energy Administration (NEA) said Thursday. The document was jointly issued by the National Development and Reform Commission and the NEA, noting that China’s renewable energy sector will enter a new development stage featuring…
A drone photo taken on Dec 5, 2025 shows export-bound new energy vehicles being loaded onto a shipping vessel at a dock in Chongqing, Southwest China. [Photo/Xinhua] BEIJING – First came “China shock.” Then followed “Chinese overcapacity.” Now, some Western agitators have invented a new label: “China Squeeze.” A May 2026 paper from the Peterson…
An aerial drone photo taken on June 4, 2026 shows the China Mobile Hohhot Data Center in Hohhot, North China’s Inner Mongolia autonomous region. [Photo/Xinhua] BEIJING – China’s state-owned enterprises (SOEs) directly administered by the central government have intensified efforts to achieve breakthroughs in key technologies, with their investment in research and development (R&D) rising…
Women dressed in traditional Thai costumes display durians on May 23 during the opening ceremony of an event in Nanning, Guangxi Zhuang autonomous region, to promote agricultural imports from Thailand. HUANG YANMEI / CHINA NEWS SERVICE China’s expanded import drive for advanced technology and equipment, energy resources and agricultural products will reinforce the country’s role…