An aerial view of the construction site of Shanghai East Railway Station. [GAO ERQIANG/CHINA DAILY] For a very long time, people living in eastern Shanghai’s Pudong New Area have been yearning for a railway station. And 34-year-old Zhang Xiaolu is one of them. “It takes us at least one hour to get to Hongqiao Railway…
Staff members handle businesses related to private enterprises at the government service center of Dongsheng District in Ordos City, North China’s Inner Mongolia autonomous region, April 16, 2025. [Photo/Xinhua] China’s national lawmakers voted on Wednesday to adopt the country’s first fundamental law specifically focusing on promoting the private economy, marking a significant step in revitalizing a…
Chongqing Brewery Company, representing Carlsberg China, reports increases in sales volume and operating revenue in the first quarter of 2025. [Photo provided to chinadaily.com.cn] Introduction of multiple new products and packaging have helped Chongqing Brewery Company, a brewer based in Chongqing in Southwest China, to record increases in sales volume and operating revenue in the…
In April, the company rolled out its iconic “Share a Coke” campaign, designed to resonate with the younger generation’s desire for authentic social interactions. [Photo provided to chinadaily.com.cn] Global beverage producer The Coca-Cola Company posted first-quarter earnings for 2025, with global unit case volume up 2 percent year-on-year, driven by the markets including China. In…
Further efforts are expected to harness policy advantages to drive the growth of emerging industries and cultivate diverse trade relationships, amid challenges to boosting domestic demand and dealing with external trade tensions, experts said. Central to this endeavor is the pivotal role of nurturing specialized talent to navigate these evolving tasks, experts added. Their remarks…
Zhang Jun, chief economist at China Galaxy Securities, said during an exclusive interview with China Perspective that China’s firm response against the United States’ unwarranted tariff policy has given confidence to other countries, and encouraged many to recognize “the side of justice, or the correct side”. Despite short-term shocks, the issue of US tariff policy…
A foreign merchant talks to a staff member at the 136th China Import and Export Fair in Guangzhou, Guangdong province, in October. HUANG TAIMING/FOR CHINA DAILY Chinese cross-border e-commerce platforms have gained in popularity among US consumers who are flocking to these online marketplaces to buy products directly from Chinese suppliers amid the latest rounds of…
US retailer Walmart has resumed product sourcing from some Chinese suppliers, marking a shift in its procurement strategy amid rising inventory pressure and looming price hikes for consumers in the United States, according to Chinese suppliers. Mu Longsheng, director of Pesitro Healthcare Products — a longtime Walmart supplier in Jiangsu province — said the US…
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