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Merlin bullish on China’s potential as Legoland Shanghai nears debut

An aerial image shows the construction of Legoland Shanghai. Located in Shanghai’s Jinshan district, the 318,000-square-meter resort will become the biggest Legoland at opening in the world. [CHINA DAILY] British entertainment group Merlin Entertainments is advancing toward the summer opening of Legoland Shanghai Resort, marking a strategic milestone in the company’s expansion in China, said…

China drives global EV sales up 29% in Q1

A new energy vehicle production line in Changxing county, Zhejiang province. TAN YUNFENG/FOR CHINA DAILY Global EV sales, which include battery-only ones and plug-in hybrids, totaled 4.1 million units in the first three months this year, up 29 percent from the same period last year, according to statistics from Rho Motion, a leading EV research…

Rural industries improving in quality, efficiency and revenues

Workers check on the growth of corn seedlings at a smart seedling cultivation center in Muba township, Peng’an county, Sichuan province, on Tuesday. [Photo by Liu Yonghong/For chinadaily.com.cn] With rural industries creating more job opportunities, farmers’ incomes in China continued to rise in the first quarter of the year, a senior official with the Ministry…

Nation’s free trade zones to get more support in reform push

An aerial view of the container wharf of Qinzhou Port in South China’s Guangxi Zhuang autonomous region. [Photo/Xinhua] China will strengthen the building of domestic pilot free trade zones, carry out pioneering and leading reforms, and firmly respond to external risks and challenges in the light of a complex and severe international situation, the Ministry…

Shanghai offers support to export-oriented firms

Tourists take photos at the Bund area of Shanghai. [Photo by Wang Gang/For China Daily] Shanghai on Friday organized a matchmaking event between foreign trade enterprises in Shanghai and local e-commerce firms to help the former group expand sales in China and better integrate into the nation’s economy. The move marks the city’s latest effort…

Digital supervision system needed as IP disputes increase

[Photo/VCG] While Beijing prosecutors have witnessed a sharp rise in intellectual property cases related to the digital and artificial intelligence fields, they have also pledged to enhance the application of AI in case handling and promote the establishment of a digital supervision system, a report said. On Friday, the People’s Procuratorate of Beijing Municipality released…

Policy steps key to tackling tariffs impact

A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] Facing headwinds from the United States’ sweeping tariffs, Chinese policymakers should take both short-term policy steps as well as long-term reform measures to expand domestic demand, tackle issues faced by enterprises and boost confidence among consumers and investors, economists from government-backed think tanks…

Industrial economy to maintain uptrend

A robot operates equipment on the assembly line of an automaker in Xi’an, Shaanxi province. YUAN JINGZHI/FOR CHINA DAILY China is confident and capable of stabilizing its sprawling industrial economy, which will underpin the country’s high-quality growth and give stability to global supply chains amid rising external uncertainties and disruptions to world trade systems, officials…

Fudan University publishes index on exports and global supply chain

In response to the global supply chain uncertainties, an index looking to support policy and enterprises’ judgement through quantitative tools was published by Fudan University’s global supply chains research center on April 14. Formally known as China’s Exports & Global Supply Chain Fluctuation Index, the index is published by Fudan Center for Global Supply Chains.…