Containers from all over the world wait to be loaded or unloaded at Yangshan Port near Shanghai on April 24. [Photo by Zhu Xingxin/chinadaily.com.cn] Intermediate goods and industrial products account for the majority of 85 percent of all the goods exported from Shanghai, indicating that a large number of Shanghai-oriented exports are irreplaceable in the…
Jason Zhu, executive director and CEO of Henlius, addresses the 2025 Global R&D Day event held by the company in Shanghai on Tuesday. [Photo provided to chinadaily.com.cn] Hong Kong-listed Shanghai Henlius Biotech Inc, a subsidiary of Fosun Pharma, held its 2025 Global R&D Day with the theme of “collaborate to create” in Shanghai on Tuesday. …
File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s central bank has released a new guideline on the compliance of cross-border data flow in the financial sector to make the cross-border flow of financial data from Chinese and foreign financial institutions more efficient and standardized. The People’s Bank of…
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Chinese tech giant Tencent launched an ambitious suite of initiatives aimed at boosting domestic consumption and expanding jobs on Thursday, marking its largest-ever consumption subsidy and graduate recruitment drive. As part of its new trade initiative, Tencent introduced 10 support measures to help foreign trade companies tap into China’s domestic market, and estimated the plan…
Dongguan in South China’s Guangdong province is a busy port on the Pearl River. [Photo provided to China Daily] Guangdong province, China’s biggest foreign trader, purchased 798.15 billion yuan ($112.42 billion) worth of products from overseas nations and regions in the first quarter of the year. The figure witnessed a year-on-year growth of 9.3 percent,…
Taobao, China’s e-commerce platform. [Photo/VCG] Chinese e-commerce platform Taobao has surged to the top of Apple App Store’s free download charts in 16 countries as a large number of overseas consumers are flocking to the online marketplace to buy products directly from Chinese suppliers amid US tariff hikes. Data from third-party data analytics company showed that…
The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] Shanghai’s Pudong New Area, which is positioned to pioneer China’s socialist modernization, released a set of 14 new measures on Tuesday to step up its efforts to attract foreign investment, which is conducive to the advancement of more reform and opening-up attempts. The new…
UBTech’s humanoid robots work on the production line in Zeekr’s smart factory in Ningbo, Zhejiang province, on March 1. CHINA DAILY Automakers are ramping up investments in the humanoid robotics field, a frontier where industry experts see an alignment with manufacturing. Technological advancements and real-world testing are anticipated to initiate the large-scale use of humanoid…
A man carries a pet cat by Huangpu River in Shanghai on April 5.[TANG YANJUN/CHINA NEWS SERVICE] China’s pet industry recovered strongly in 2024, with the urban consumption market for pet dogs and cats surpassing 300.2 billion yuan ($41.1 billion), up 7.5 percent year-on-year, according to the 2025 China Pet Industry White Paper recently released…