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Tariff hikes will hit US consumers, experts say

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The United States’ latest move to raise tariffs on certain Chinese products threatens the stability of global supply chains and will ultimately pass the burden onto its consumers, market watchers and corporate executives said on Sunday. The Office of the US Trade Representative announced on Friday that it has finalized tariff hikes on selected Chinese…

Neta set to launch vehicles in Mexico

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Neta employees celebrate as the startup’s 400,000th vehicle rolls off the assembly line in Zhejiang province in March 2024. [Photo provided to chinadaily.com.cn] Chinese new energy vehicle startup Neta has signed agreements with a Mexican bank, EV association and several dealership partners, signaling that the automaker is ready to enter the Mexican market, CEO Zhang…

China opens market wider for least developed countries

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An aerial view of Tangshan Port, Hebei province in December 2023. [Photo / Xinhua] China will implement a zero-tariff policy on 100 percent of products originating from the least developed countries with which it has diplomatic ties, effective from Dec 1, said the Customs Tariff Commission of the State Council in an online notice on…

Minmetals-Qinghai JV to enhance China’s role in lithium chain

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Aerial photo taken on July 8, 2021 shows the Qairhan Salt Lake in Northwest China’s Qinghai province. [Photo/Xinhua] The joint venture agreement between China Minmetals Corp and Qinghai province to tap major salt lake resources marks a critical step in advancing China’s lithium resource development, particularly in response to global battery industry demand, said industry…

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Growth in the advertising sector in China

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China’s advertising market has entered a critical year in its development. As well as functional consumer products related to health, wellness, and efficient cleaning have performed well, a new report found. In the first seven months of this year, the overall advertising expenditure in the country edged up 2.8 percent year-on-year, according to domestic market…

Denmark’s Consul General in Guangzhou emphasizes sustainable collaboration with China

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During the 24th CIFIT, Soeren Bindesboell, consul general of Denmark in Guangzhou, highlighted Denmark’s longstanding investments in China, with major companies rooted there for centuries. He anticipated a shift in the pace of future investment, reflecting China’s evolving landscape compared to its earlier opening-up phase, and said that collaboration extends beyond businesses to include authorities,…

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Bionic companion robotic pets offer love and comfort

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At the 24th China International Fair for Investment and Trade (CIFIT) in Xiamen, East China’s Fujian province, the bionic companion robotic pets are on show, which developed by Elephant Robotics in Shenzhen, China. They feature the appearance and tactile sensations remarkably similar to real pets. With user-friendly controls, intuitive touches and voice interactions, they aim…

Shanghai is the future city of the world

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“Shanghai has always been one of the most dynamic cities in the world,” said Ronen Mense, Asia-Pacific President and Managing Director of AppsFlyer. He also stated that Shanghai, which is full of potential, has become the gaming hub for China in his industry.  Tanks to chinadaily.com.cn Please visit: Our Sponsor

The 9th Colorful World event takes place during 2024 CIFTIS

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Yu Junsheng, deputy director general of the Publicity Department of CPC Beijing Municipal Committee, delivers an opening speech at the 9th Colorful World exhibition. [Photo provided to chinadaily.com.cn] The 9th Colorful World – Cultural Exhibition of Countries along the Belt and Road was held in Shougang Park venue on Thursday during the 2024 China International…

CATL unveils e-bus battery with long service life

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CATL unveils the latest battery for e-buses in September online. [Photo provided to chinadaily.com.cn] Contemporary Amperex Technology Co Ltd, the world’s largest electric vehicle battery maker, announced its latest Tianxing B-series battery for electric buses on Friday. The company said that the new battery extends the service life of new-energy buses to an impressive 15…