A truck passes through the gate of the Dongjiang bonded port area of Tianjin Pilot Free Trade Zone. [Photo provided to China Daily] BEIJING – As China marks the 10th anniversary of establishing three pilot free trade zones (FTZs) in its coastal regions, the country has demonstrated its unwavering commitment to deepening reform and advancing…
The booth of Mercedes-Benz during an auto show in Shanghai.[Photo/Agencies] Global carmakers are racing to leverage local Chinese technology, particularly smart in-car functions and advanced driver assistance systems, to sharpen their competitive edge in the world’s largest and also fiercest auto market. “A number of carmakers have become more proactive in embracing China’s R&D and…
China’s second domestically built large cruise ship, Adora Flora City, receives a water salute on Monday at Shanghai Waigaoqiao Shipbuilding as the vessel achieves the milestone of dock float-up. This marked its transition from structural outfitting to interior installation and system commissioning.[GAO ERQIANG/CHINA DAILY] China’s second domestically-made large cruise ship, Adora Flora City, reached a…
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An aerial drone photo shows a view of the Tangshan Port in north China’s Hebei province, Jan 13, 2025. [Photo/Xinhua] As the United States clearly leverages tariffs as a bargaining chip in its dealings with trade partners, the rest of the world must stand together to respond in a cooperative manner, rather than negotiate for…
An aerial drone photo shows a view of the Tangshan Port in North China’s Hebei province, Jan 13, 2025. [Photo/Xinhua] China will introduce new foreign exchange policies that facilitate cross-border trade and financing while guarding the yuan stability, a senior official said, as part of the country’s ramped-up efforts to counter the shock stemming from…
Workers inspect and repair aircraft at a maintenance base in Hainan Free Trade Port in Hainan province on Feb 17. [Photo/Xinhua] As the first light of dawn bathes the shimmering shore of Hainan Free Trade Port, a vibrant tapestry of China’s opening-up unfolds. In Boao’s gleaming hospital buildings, physicians administer cutting-edge therapies under special regulatory…
Xinjiang Uygur autonomous region’s foreign trade value totaled 108.16 billion yuan (about $15 billion) in the first quarter of 2025, up 15.4 percent year-on-year, according to Urumqi Customs. Specifically, the region’s exports reached 95.17 billion yuan while its imports stood at 12.99 billion yuan. The growth, mainly driven by strong exports demands and diversification of…
Workers from the Chinese battery maker Gotion High-tech work on a production line to make batteries for new energy vehicles, in Hefei, Anhui province, on Feb 8, 2025. [Photo/Xinhua] Chinese battery maker Gotion High-tech reported a record overseas revenue of 11 billion yuan ($1.38 billion) in 2024, up 71.2 percent year-on-year, as it expanded aggressively…
CAI MENG/CHINA DAILY On April 2, United States President Donald Trump declared a so-called “Liberation Day” for the country, brandishing tariffs as weapons and launching surprise attacks across global trade. Trump claimed these measures were necessary to reclaim “economic sovereignty”, revive US manufacturing and reduce trade deficit. His arbitrary tariffs sent shock waves through the…