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Guangdong sets record for trade volume in June

Guangdong province recorded an import and export volume in June of 1.05 trillion yuan ($155.56 billion), marking the first time the monthly figure has exceeded the 1-trillion-yuan threshold in history and representing a year-on-year increase of 30.3 percent. Bi Kexin, deputy director of Guangdong Customs, said the province sold products abroad valued at 607.44 billion…

Regulator announces stricter safety requirements for ‘fuse bead’ craft kits

China’s market regulator on Friday introduced stricter safety requirements for “fuse bead” craft kits, requiring products intended for children under 14 to meet mandatory toy safety certification standards and banning the use of household irons as heating devices in kits marketed to older users. A fuse bead is a small, hollow plastic bead used in…

Air China and Hainan Airlines to buy 95 Airbus aircraft worth nearly $18b

Chinese carriers Air China and Hainan Airlines said on Friday they had signed agreements with Airbus to purchase a combined 95 aircraft, with the deals valued at up to $17.8 billion at catalogue prices, as airlines prepare for long-term capacity growth. China’s flagship carrier Air China said in a filing to the Shanghai Stock Exchange…

Fuzhou rides a rising economic wave

Fuzhou, Jiangxi province, aims to increase its gross domestic product to more than 300 billion yuan ($44.2 billion) and the business revenue of industrial enterprises above designated size to over 500 billion yuan by 2030, officials said at a recent news conference. In the last year of the 14th Five-Year Plan period (2021-25), the city’s…

Global action plan on AI ethics governance released in Shanghai

An international action plan on artificial intelligence ethics governance was released on Friday at the 2026 World Artificial Intelligence Conference in Shanghai, as part of the nation’s efforts to push forward more coordinated, practical and inclusive global AI governance. Led by the Ministry of Industry and Information Technology, the action plan aims to help implement…

A graphic overview of China’s 15th Five-Year Plan (2026-30)

On the afternoon of March 12, 2026, the 4th Session of the 14th National People’s Congress (NPC) of China voted to adopt the resolution on the Outline of the 15th Five-Year Plan for National Economic and Social Development of the People’s Republic of China. The Outline of the 15th Five-Year Plan (2026-2030) serves as the…

China to step up global cooperation on AI

The 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance is held in Shanghai on July 17. [Photo by Feng Yongbin/chinadaily.com.cn] China will step up international cooperation on artificial intelligence, help bridge the global intelligence divide and promote sustainable AI development worldwide, according to an action plan unveiled on Friday. The plan,…

Boeing unveils a new training campus in Shanghai

Boeing opens a new training campus in Shanghai on Friday. The new facility provides training for pilots, maintenance technicians and cabin crew. [Photo provided to chinadaily.com.cn] Boeing opened a new training campus in Shanghai on Friday, marking a major investment by the US plane maker in aviation training to support growing demand for skilled aviation personnel…

Annual inflation down to 2.8% in the euro area

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