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EVP at Mastercard: China is the key market

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard, told China Daily in an exclusive interview that China is the key market for the company and the opportunity in the nation is huge. He said he is always fascinated by how seamless payments have become every time he visits China and feels…

Panasonic sees China as hub of opportunity

China’s vast market, rapid innovation and resilient economic outlook are reinforcing its position as one of the top strategic priorities for Panasonic Holdings Corp, with the company planning to step up investment in areas such as artificial intelligence, elderly care and smart manufacturing, a senior executive said. Tetsuro Homma, executive vice-president of Panasonic Holdings Corp…

Better social safety net to boost consumption

China could strengthen its social safety net and innovate service offerings to further unlock the potential of its vast consumer base, as the world’s second-largest economy accelerates its transition toward a consumption-led growth model, a senior executive told China Daily. “Improving the social security system is paramount. People still have a prudent mentality that they…

Streamlining cross-border vehicle exports

On June 10, at Horgos Port in the Xinjiang Uygur autonomous region, two people discuss how to use the WeChat mini-program of the port management bureau to check the queue status for vehicle exit appointments while waiting to clear customs. CHEN SHUO/XINHUA Wen Jiang is an automobile and truck driver based in Horgos in the…

Judicial system building trust with international trade enterprises

A truck enters the Multimodal Transportation Center of Urumqi in the Urumqi International Land Port Area, Northwest China’s Xinjiang Uygur autonomous region, Sept 15, 2025. [Photo/Xinhua] Judges in Urumqi, capital of the Xinjiang Uygur autonomous region, are dedicated to improving the quality of handling international trade cases and providing enhanced legal services to market participants,…

AI momentum to inject more impetus

A humanoid robot greets people at an artificial intelligence distribution center in Nanjing, East China’s Jiangsu province, on Dec 4, 2025. [Photo/Xinhua] China’s push to commercialize and scale up the application of rapidly evolving artificial intelligence across a broad range of industries is expected to inject fresh momentum into high-quality economic growth, senior officials and…

Market-based reforms to help secure energy

An employee conducts maintenance work on equipment at a drilling platform in Daqing, Heilongjiang province, on March 6. WANG SONG/XINHUA As China accelerates its march toward becoming a global energy powerhouse, top officials are signaling a decisive shift toward deeper market-oriented reforms to secure energy supplies and manage the growing volatility of renewable power. Wang…

Market-based reforms to help secure energy

An employee conducts maintenance work on equipment at a drilling platform in Daqing, Heilongjiang province, on March 6. WANG SONG/XINHUA As China accelerates its march toward becoming a global energy powerhouse, top officials are signaling a decisive shift toward deeper market-oriented reforms to secure energy supplies and manage the growing volatility of renewable power. Wang…

Market-based reforms to help secure energy

An employee conducts maintenance work on equipment at a drilling platform in Daqing, Heilongjiang province, on March 6. WANG SONG/XINHUA As China accelerates its march toward becoming a global energy powerhouse, top officials are signaling a decisive shift toward deeper market-oriented reforms to secure energy supplies and manage the growing volatility of renewable power. Wang…