Vehicles loaded onto containers at Yantai Port in Shandong province on July 15. [Photo/Xinhua] China’s economy showed resilience in the first half of the year, as new growth drivers gathered momentum alongside policy support and a recovery in domestic demand, although relatively weak domestic consumption and an uncertain external environment remain key challenges, a senior researcher…
A cultural and tourism industry exchange event between Guangzhou and Shanghai was held in Shanghai on Tuesday. [Photo provided to chinadaily.com.cn] A cultural and tourism… Read More »Guangzhou and Shanghai hold tourism exchange
A property project under construction in Hangzhou, Zhejiang province. LONG WEI/FOR CHINA DAILY BEIJING – The overall year-on-year decline in home prices across major Chinese cities continued to narrow in June, official data showed Wednesday, adding to signs of a gradual stabilization in the property market. Data from the National Bureau of Statistics showed that…
Sarath Prasannan, senior vice-president, head of Asia Pacific region of Everllence Editor’s note: Ahead of the release of China’s first-half 2026 economic data, China Daily invited chief executives and senior leaders from key multinational companies to share their perspectives on the world’s second-largest economy. Their insights go beyond short-term growth, offering a closer look at the…
A ship production base in Taizhou, Jiangsu province, on Jan 11. [Photo/Xinhua] China’s economy expanded 4.7 percent year-on-year in the first half of 2026, the National Bureau of Statistics said on Wednesday, in a sign of its resilience amid mounting external headwinds. In the second quarter, the economy grew 4.3 percent from a year earlier,…
A robot is trained in a logistics scenario at a training center for embodied AI in Xiong’an, North China’s Hebei province, June 23, 2026. [Photo/Xinhua] High-tech investment and exports remain key bright spots of China’s economy, supported by strong global demand for advanced manufacturing and Beijing’s innovation-driven development strategy, according to an economist from HSBC.…
Chinese artificial intelligence startup StepFun has unveiled what it describes as the world’s first large language model-native AI device brand as it seeks to move beyond AI chatbots and into consumer hardware. The company introduced the StepX brand alongside the Step Agentic-native Operating System, a new personal AI agent called Amoo, and the STEPX Neo,…
Chinese artificial intelligence startup StepFun has unveiled what it describes as the world’s first large language model-native AI device brand as it seeks to move beyond AI chatbots and into consumer hardware. The company introduced the StepX brand alongside the Step Agentic-native Operating System, a new personal AI agent called Amoo, and the STEPX Neo,…
Customers select imported goods at Jinyi Comprehensive Bonded Zone in Jindong district of Jinhua city, East China’s Zhejiang province, July 7, 2026. [Photo/Xinhua] China has set a goal of raising total retail sales of consumer goods to around 60 trillion yuan ($8.8 trillion) by 2030 and further strengthening consumption’s role in driving economic growth, according…
Customers select imported goods at Jinyi Comprehensive Bonded Zone in Jindong district of Jinhua city, East China’s Zhejiang province, July 7, 2026. [Photo/Xinhua] China has set a goal of raising total retail sales of consumer goods to around 60 trillion yuan ($8.8 trillion) by 2030 and further strengthening consumption’s role in driving economic growth, according…