China has expressed serious concern over France’s newly adopted anti-fast-fashion law, with a spokesperson for the Ministry of Commerce saying the legislation imposes discriminatory restrictions on Chinese cross-border e-commerce platforms, distorts fair competition and constitutes a trade barrier against China. Responding to a media inquiry on Wednesday, the official urged France to abide by World…
By 2030, Shanghai should grow into an international shipping center featuring higher connectivity, quality and convenient services, smart and low-carbon transformation, resilient governance and strong resource allocation capabilities, according to a plan released by the municipal government on Wednesday. During the 15th Five-Year Plan (2026-30) period, Shanghai’s container throughput should cross 50 million TEUs. The…
A growing number of global financial institutions have turned more positive on Chinese equities, raising market ratings and increasing exposure to Chinese assets as they expect improving fundamentals and policy support to boost market performance in the second half of the year. In recent weeks, international financial institutions, including Citi, UBS and Standard Chartered, have…
China’s general public budget revenue — the sum of tax revenue and non-tax revenue — rose 4.7 percent year-on-year to about 12.1 trillion yuan ($1.79 trillion) in the first half of this year, the Ministry of Finance said on Wednesday. Tax revenue, which accounts for the bulk of fiscal revenue, climbed 5.3 percent to nearly…
A rescuer operates a drone to lift relief supplies in Guigang city, South China’s Guangxi Zhuang autonomous region, July 10, 2026. [Photo/Xinhua] China will expand imports of advanced technology and equipment, key components, energy resources and quality agricultural products during the 15th Five-Year Plan (2026-30) period, the country’s top customs official said on Wednesday. Speaking…
The 2026 World Internet Conference Digital Silk Road Development Forum opens in Xi’an, Northwest China’s Shaanxi province, on July 22, 2026. [Photo/wicinternet.org] The 2026 World Internet Conference Digital Silk Road Development Forum officially opened on Wednesday in Xi’an, Northwest China’s Shaanxi province. Bringing together policymakers, industry leaders, academics and representatives of international organizations, the event…
Editor’s note: After the release of China’s first-half economic data, China Daily invited chief executives and senior leaders from key multinational companies to share their perspectives on the world’s second-largest economy. Their insights go beyond short-term growth, offering a closer look at the evolving “China Opportunity 2.0” narrative amid ongoing debate over the so-called “China…
Visitors experience tongue diagnosis by TCM robots at the West Bund International Convention and Exhibition Center in Shanghai, East China, July 17, 2026. [Photo/Xinhua] In the first half of 2026, Shanghai saw its total import and export value surge 18.6 percent year-on-year to 2.55 trillion yuan ($376.9 billion), pressing forward against global market headwinds, the…
A visitor takes photos of a robot during the 2026 World AI Conference and High-Level Meeting on Global AI Governance in Shanghai, East China, July 19, 2026. [Photo/Xinhua] Shanghai’s forward-looking development in emerging technologies and industrial resilience built up over time have helped the city achieve strong economic growth in the first half, which is…
Additional policy stimulus measures are likely in the second half to anchor China’s economic growth and reinforce the ongoing recovery of the A-share market, international investment banks said as markets await a potential regular top-level meeting to set the macroeconomic policy tone for the coming months. They increasingly see the meeting as a potential window…