Chapter 22 on trade in China’s XV Five-Year Plan is not a blueprint for liberal rebalancing. It is a blueprint for managed openness. Imports matter, but mainly where they serve technological upgrading and supply security. Exports remain central, supported by market diversification, digital channels, financial backing, and stronger state tools to manage friction, including export…
Executives from WeRide and Farizon pose for a photo after the latest Robotaxi GXR is unveiled on March 9, 2026. [Photo provided to chinadaily.com.cn] WeRide and Farizon, a unit of Geely Holding Group, said on Monday they plan to deliver 2,000 units of their upgraded Robotaxi GXR vehicles in 2026, marking a step toward larger-scale…
BEIJING – China will deepen and refine the regulatory measures on high-frequency quantitative trading, focusing on the principle of fairness, Wu Qing, chairman of the China Securities Regulatory Commission, said on Friday. Wu made the remarks at a press conference on the sidelines of the fourth session of the 14th National People’s Congress, the national…
China will take the initiative to share the opportunities presented by its vast domestic market with the rest of the world through such initiatives as “Shopping in China”, “Export to China”, and “Invest in China”, Commerce Minister Wang Wentao said on Friday. For the “Shopping in China” campaign, the country will optimize the instant tax…
China will allocate 100 billion yuan ($15.4 billion) this year under a package of coordinated fiscal-financial policies to facilitate domestic demand expansion, Minister of Finance Lan Fo’an said on Friday in Beijing. Under the package, four targeted measures are designed for supporting private investment, while two are for boosting household consumption, Lan said, adding that…
Sunrise casts a golden hue on the mist enveloping Jingmai Mountain in Yunnan province. [Photo provided by Shao Hongyan for China Daily] On Jingmai Mountain… Read More »Where time moves at tea pace
BANGKOK — Chinese automaker NIO officially introduced its fully electric premium compact vehicle line under the brand Firefly in Thailand on Thursday as part of its strategy to expand global market presence. In partnership with Thai importer and distributor Thonburi Blue Sky, the launch featured the Firefly smart city car, designed for urban maneuverability with…
China will continue to steadily expand high-level financial opening and help build a more equitable, inclusive, and resilient global financial governance system, Pan Gongsheng, governor of the People’s Bank of China, the country’s central bank, said on Friday. Pan made the remarks at a news conference of the fourth session of the 14th National People’s…
People walk past the booth of Qwen during the 2026 Mobile World Congress (MWC) in Barcelona, Spain, March 2, 2026. [Photo/Xinhua] Chinese tech heavyweight Alibaba Group is reorganizing leadership and stepping up resources around its Qwen large language model following the departure of a key technical leader, as competition intensifies among China’s major tech companies…
China expressed serious concern on Friday after the European Union released a new legislative proposal imposing restrictive conditions on foreign investment in several emerging strategic industries, warning that the measures could create investment barriers and undermine fair competition, according to China’s Ministry of Commerce. The European Commission unveiled the Industrial Accelerator Act on Wednesday, introducing…