China’s foreign exchange reserves declined in March, snapping a seven-month streak of increases, as a stronger US dollar and falling global asset prices weighed on valuation, official data showed on Tuesday. The country’s foreign exchange reserves stood at $3.3421 trillion at the end of March, down $85.7 billion, or 2.5 percent, from the end of…
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Volkswagen showcases its ID electric models at the 2025 World New Energy Vehicle Congress in Haikou, Hainan province. CAO YINGYING/CHINA DAILY The Volkswagen Group is ramping up its NEV offensive in China, saying it plans to introduce a new model roughly every two weeks starting in 2026. The German carmaker will showcase 10 models spanning…
Chinese motorcycle manufacturer CFMoto launched the 500SR and staged the dynamic domestic debut of its V4 SR-RR during the 2026 CFMoto Day at Chengdu Tianfu International Circuit, marking the first time the event has been held in Southwest China. The V4 SR-RR — presented by the company as the first liter-class superbike developed by a…
During the three-day Qingming Festival holiday, an estimated 845.38 million passenger trips were made across China, up 6 percent year-on-year, according to the Ministry of Transport. [Photo/Xinhua] Editor’s note: China’s Qingming Festival holiday, which ran from April 4 to 6 this year, saw a marked rise in both passenger travel and consumption, with momentum lifted…
Employees work on an Otis assembly line at the Tianjin Economic-Technological Development Area, also known as TEDA, in Tianjin. CHINA DAILY Otis Worldwide Corp is strategically targeting China’s “replacement wave” of older elevators, capitalizing on national policies promoting large-scale equipment renewals to expand its local footprint. China remains one of the group’s most dynamic and…
A veterinary drug research and development team is at work at Tianjin Ringpu Bio-Technology Co in Tianjin’s Binhai New Area earlier this year. CHINA DAILY As temperatures rise in North China, April through June marks the peak season for stray animals to give birth. Last week, while admiring blooming crabapple flowers on the streets of…
Visitors check out exhibits at Rio Tinto’s booth during the eighth China International Import Expo in Shanghai in November. CHINA DAILY Rio Tinto is strategically targeting China’s growing demand for critical minerals, capitalizing on the country’s energy transition and high-quality development goals to expand its footprint in its largest market. China remains central to the…
A visitor checks out an Avatr 11 electric vehicle on display at the 47th Bangkok International Motor Show held in Bangkok, Thailand, on March 26, 2026. [Photo/Xinhua] BANGKOK – Electric vehicles (EVs) have gained unprecedented attention in Thailand, as a sudden surge in global oil prices drives consumers to seek immediate options to reduce their…