China will provide more robust policy support to boost the consumption of services, officials and experts said, pointing to a structural shift in domestic demand, where spending on services is increasingly becoming a primary driver of consumption. “China has put forward sector-specific measures, such as relaxing market access, removing unjustified restrictions, fostering quality market players,…
China’s exports of mechanical and electrical products are expected to maintain steady growth in 2026, driven by stable export expectations to the US, the release of demand in emerging markets, and the resilience of industrial supply, according to China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME). This outlook follows…
As the 40-day Spring Festival travel rush started on Feb 2, Chinese railway operators have intensified efforts to better transport aviation kerosene, helping ensure the smooth flow of air traffic. By strictly following rail transport rules on dangerous goods, staff members of Yuci Station in Shanxi province have upgraded the closed-loop management on aviation kerosene,…
According to the unified accounting results of the regional gross domestic product of Liaoning, Dalian’s regional GDP reached 1.00021 trillion yuan ($143.4 billion) in 2025, representing a year-on-year increase of 5.7 percent at constant prices. Dalian has become the first city in Northeast China with a GDP exceeding 1 trillion yuan. “Overall, the city’s economy…
PwC China partner Zhou Xing presents the findings of PwC’s 29th CEO Survey China report, on Feb 4, 2026. [Photo by Chen Liubing/chinadaily.com.cn] The investment appeal of the Chinese mainland is rebounding, establishing it as a key anchor in global capital allocation, according to PwC’s 29th CEO Survey China report, released on Wednesday. The survey…
The Shanghai municipal government holds a press conference on Saturday, when the annual plenary sessions of the city’s legislative and political advisory bodies closed. [Photo by Zhou Wenting/chinadaily.com.cn] With the establishment of 6,300 new foreign-funded enterprises in the city last year — an increase of 6.8 percent — Shanghai has continued to solidify its position…
Foreign merchants check out ski equipment at Yiwu International Trade City in Zhejiang province on Jan 7. SHI BUFA/FOR CHINA DAILY China’s ice and snow economy continues to heat up, as the launch ceremony of the 2026 National Ice and Snow Consumption Season kicked off in January in Harbin, Heilongjiang province, marking a key initiative…
URUMQI — Xinjiang Uygur autonomous region in Northwest China saw foreign investment play an increasingly prominent role in its economic development in 2025, with strong growth in both new foreign firms and capital utilization, according to the regional department of commerce. Last year, Xinjiang recorded a 21.97-percent increase in newly established foreign-funded firms and a…
Huangpu Wenchong Shipbuilding signed a contract with Taiwan-based Evergreen Marine Corp. on Wednesday to build sixteen 3,000-TEU container vessels valued between $736 million and $896 million. [Photo provided to chinadaily.com.cn] CSSC Huangpu Wenchong Shipbuilding signed a contract with Taiwan-based Evergreen Marine Corp on Wednesday to build sixteen 3,000-TEU container vessels valued between $736 million and…
Visitors explore Taiwu Ski Resort in Zhangjiakou, Hebei province, on Jan 24. SONG YU/FOR CHINA DAILY Snow and ice may have brought travelers to China’s winter cities, but it is food, shopping and leisure services that are increasingly shaping how long they will stay and how they will experience the trip. From resort dining to…