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Dubai commodities center attracts more Chinese firms

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of Dubai Multi Commodities Center, delivers a speech during DMCC’s roadshow in Beijing. [Photo provided to chinadaily.com.cn] A growing number of Chinese enterprises from various sectors have settled in Dubai Multi Commodities Center, the largest free trade zone in the United Arab Emirates, as they look…

Quality of Chinese manufacturing goods improves steadily in 2024

Intelligent robots work on a vehicle production line in Changchun, Jilin province, on April 24, 2024. [Photo/Xinhua] BEIJING – China’s top market regulator on Thursday reported that by the end of 2024, the percentage of domestically manufactured products that met quality standards had steadily increased. By the end of last year, 93.93 percent of Chinese…

Mondelez to seize more opportunities in China

With China creating more favorable conditions for multinational corporations to attract foreign investment, Mondelez International Inc, the United States snack food manufacturer, plans to seize more opportunities from the country’s consumption upgrade and innovation strength. “China is a land of opportunity for Mondelez, and I deeply cherish the bond we share with this market. If…

China’s logistics sector sees improved efficiency in 2024: report

A staff member distributes parcels at the workshop of a logistics company in Lanshan county of Yongzhou city, Central China’s Hunan province. [Photo/Xinhua] BEIJING – China’s logistics sector reported improvements in overall efficiency last year, an industry report showed Thursday. The ratio of social logistics cost to GDP, a key indicator reflecting cost efficiency of…

Beijing sees over 2,000 newly established foreign-funded enterprises in 2024

The skyline of Beijing. [Photo/VCG] BEIJING – Beijing saw the establishment of 2,012 new foreign-invested enterprises in 2024, marking a 16.4 percent year-on-year increase, according to the Beijing Municipal Commerce Bureau. This growth rate surpassed the national average by 6.5 percentage points, said Guo Wenjie, deputy director of the bureau. The capital city has implemented…

5th China International Consumer Products Expo to spotlight high-tech innovation

A bird’s-eye view of mascots of China International Consumer Products Expo. [Photo/VCG] HAIKOU – The fifth China International Consumer Products Expo (CICPE), a key platform for global trade and consumption trends, will take place in Haikou, the capital city of South China’s Hainan province, from April 13 to 18, the event’s organizers announced at a…

‘World’s supermarket’ embraces era of AI

This photo taken on Feb 21, 2024 shows a multilingual product introduction video using AI technology at Yiwu International Trade Market in Yiwu, East China’s Zhejiang province. [Photo/Xinhua] HANGZHOU – “One, two, three, four, five,” Fu Jiangyan, who owns a sock shop in East China’s Yiwu, repeats the numbers to her phone camera. With the…

Shares rally on investor AI optimism

The DeepSeek app is seen in this illustration taken on Jan 29, 2025. [Photo/Agencies] Chinese mainland and Hong Kong shares jumped on Wednesday as investors are optimistic that an AI boom will lift the nation’s economic growth, analysts said. The Shanghai Composite Index, an A-share market benchmark, gained 1.02 percent to close at 3380.21 points,…

East China Fair opens with focus on innovation, global trade

The 33rd East China Fair kicks off in Shanghai with a bustling atmosphere, March 1, 2025. [Photo provided to chinadaily.com.cn] The 33rd East China Fair, a major regional trade event, kicked off on March 1 at the Shanghai New International Expo Centre, showcasing the latest innovations and trends in the textile, clothing, and light industry…

Cutting-edge features help C909 fly even higher

A C909 aircraft performs a flight demonstration during an airshow in Nanchang, Jiangxi province, in November. CHEN HUI/FOR CHINA DAILY With China mass producing homegrown aircraft such as the C919 and C909, ushering in a series-development stage, a new era has started for the nation’s commercial aircraft development featuring uniqueness, new energy and speed qualities, said…