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…
Jasmine fields in many townships in Hengzhou, Guangxi Zhuang autonomous region were flooded as a result of Typhoon Maysak. [Photo/VCG] Hengzhou, Guangxi Zhuang autonomous region, the country’s largest jasmine production hub, has been hit by severe flooding, disrupting flower markets and raising concerns over supplies for the booming tea and coffee beverage sector in the…
ChangXin Memory Technologies, China’s leading DRAM memory chipmaker, priced its long-awaited Shanghai initial public offering on Tuesday, paving the way for subscriptions in what is expected to become one of the country’s largest semiconductor listings as Beijing accelerates its push for AI chip self-sufficiency. CXMT is expected to raise 57.9 billion yuan ($8.1 billion) before…
Beijing is accelerating its high-level institutional opening-up by leveraging the Integrated National Demonstration Zone for Opening up the Services Sector and the China (Beijing) Pilot Free Trade Zone, driving robust economic growth and attracting significant foreign investment, officials said. Over the past five years, the Chinese capital has witnessed its GDP consecutively cross the 4-trillion-yuan…
This summer, the fruits from 13 cities across Jiangsu province are having their debut night. Thirteen cities, 13 flavors — Nanjing blueberry, Suzhou loquat, Wuxi… Read More »13 Jiangsu cities showcase their star summer fruits
A brain-computer interface product developed by Neuracle Technology is displayed during an expo in Shanghai on June 11. BAO GANSHENG/FOR CHINA DAILY Concerted efforts made by companies, incubators, hospitals and the local government have been translated into the accelerated development of the brain-computer interface industry in Shanghai, said experts. Neuro Space, a BCI industry cluster…
Guests visit an exhibition during the 2026 China Smart Energy Conference in Chengdu, Southwest China’s Sichuan province, July 9, 2026. [Photo/Xinhua] CHENGDU — As artificial intelligence and other digital technologies usher the global energy sector into a new era, China’s rapid advances in smart energy are creating new opportunities for international cooperation. These prospects took…
View of the Fairmont Peace Hotel in Shanghai. WANG GANG/FOR CHINA DAILY China is on track to overtake the United States and become the world’s largest hospitality and tourism market within seven to 10 years, said Accor Chairman and CEO Sebastien Bazin at a recent news conference held at the Fairmont Peace Hotel in Shanghai.…
A view of the Shanghai’s Lujiazui financial center from the Bund. [Photo by Wang Gang/For chinadaily.com.cn] China’s gross domestic product expanded by 4.7 percent to reach 69.57 trillion yuan in the first half of 2026, the National Bureau of Statistics said on Wednesday. China’s value-added industrial output, an important economic indicator, rose 5.4 percent year-on-year…