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China sees private companies rapidly expanding

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Chinese private companies are advancing rapidly amid challenges, with technology not only flourishing in high-end manufacturing and artificial intelligence, but also pioneering innovative growth in traditional sectors, such as agriculture, said Liu Yonghao, founder of New Hope Group. NHG is an agricultural company that participated in a symposium on Monday by China’s top leadership on…

China’s Xizang reports surging foreign trade in 2024

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LHASA — Foreign trade in Southwest China’s Xizang autonomous region climbed to 12.67 billion yuan ($1.77 billion) in 2024, marking a 15.4 percent increase from the previous year, Lhasa Customs officials said Monday. Exports rose 15.3 percent year-on-year to 11.32 billion yuan, while imports increased 16.9 percent to 1.35 billion yuan, according to the data.…

New cargo air routes link China’s Guiyang with Myanmar, Bangladesh

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GUIYANG — Two new international cargo air routes were launched on Monday, linking Guiyang, the capital of Southwest China’s Guizhou province, with Yangon in Myanmar and Dhaka in Bangladesh. According to Guizhou Civil Aviation Industry Group Co Ltd, operator of Guiyang Longdongbao International Airport, Tianjin Air Cargo operates the routes using Boeing 737-800F all-cargo aircraft…

Transfar Group chairman optimistic about China’s private economy’s further prosperity

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Xu Guanju, chairman of Transfar Group. [Photo provided to chinadaily.com.cn] China’s private enterprises will work together to embrace another spring for the private economy, said Xu Guanju, chairman of Transfar Group, a leading chemicals manufacturer, after attending a high-level symposium on private enterprises. His comments came as Chinese top leadership reiterated China’s commitment to boosting…

China to expedite market entry list revision

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China is set to expedite the revision of its negative list for market entry and remove unnecessary barriers to market access, as part of its larger drive to foster the development of the private economy, the country’s top economic regulator said on Tuesday. “(China) will accelerate the push for revising and updating the negative list…

Chinese delicacies captivate American consumers at Asian Food Expo

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People taste drinks produced by a Chinese company during the seventh Authentic Asian Food Expo in Pomona city, California, the United States, on Feb 15, 2025. [Photo/Xinhua] LOS ANGELES — Inside a bustling exhibition hall of Fairplex in Pomona city, Southern California, the dazzling array of Chinese food products captivated lots of American visitors. The…

AI application among Taiwan enterprises still in early stage: report

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TAIPEI — The application of artificial intelligence (AI) among Taiwan enterprises is still in a “budding stage”, according to a report on the transformation of Taiwan enterprises and their requirements. Released on Monday by PwC Taiwan, the report shows that the region has not yet widely adopted AI application, with only about 8 percent of…

Sheep fighting entices farmers in Shandong, bolstering trade

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An annual sheep fighting competition entices residents in Juancheng county of East China’s Shandong province on Feb 15. [Photo provided to chinadaily.com.cn] As an annual sheep fighting competition kicked off on Feb 15 in Juancheng county of Shandong province, the sounds of drums and gongs resounded as local residents gathered for an unparalleled folk culture…

‘Southern Spice Capital’ in China awaits outside investment

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Arlindo do Rosario, ambassador of Cape Verde to China, delivers a speech on Feb 13 in the Guangxi Zhuang autonomous region, saying he looks forward to deepening cooperation between his country and Yulin in relevant fields. [Photo provided to chinadaily.com.cn] The prefecture-level city of Yulin, situated in the Guangxi Zhuang autonomous region at the junction…

Exploring Spring Festival culture with a trip to China

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Foreign visitors experience a dragon dance performance during a Lantern Festival event in Qingdao, Shandong province, on Feb 11. [ZHANG YING/FOR CHINA DAILY] SHANGHAI — Dazzling fireworks, stunning drone shows, festive lantern displays and parades were among the Chinese New Year celebration activities and features that were appreciated nationwide during the eight-day holiday from Jan…