BEIJING – Outbound investment by Chinese companies grew steadily in 2025, with nearly 80 percent of surveyed firms maintaining or expanding their investments abroad, according to a report by the China Council for the Promotion of International Trade. Covering over 1,200 Chinese companies engaged in outbound investment, the survey reveals that nearly 90 percent are…
A Chinese commercial aerospace company has unveiled a roadmap for a massive 2,800-satellite space computing network, following the world’s first successful orbital deployment of a general-purpose large language model. The “Star-Compute” plan, spearheaded by Chengdu ADAspace Technology Co, Ltd that specializes in building space-based AI computing infrastructure, aims to build an integrated space-based processing web…
Foreign tourists have fun at the Dadonghai scenic area in Sanya, South China’s Hainan province, on Jan 11, 2026. [Photo/Xinhua] HAIKOU – Hainan’s tourism industry has significantly raised its international profile during the last five years, contributing 33.4 percent to the province’s GDP, according to the annual session of the Hainan Provincial People’s Congress. The…
A view of an Anta store in Nanjing, Jiangsu province. FANG DONGXU/FOR CHINA DAILY Anta Sports Products Ltd announced on Tuesday that it has entered into a definitive agreement to acquire a 29.06 percent stake in Puma SE, a global sportswear brand, from Groupe Artemis, the investment firm of the Pinault family. Valued at 1.5…
China’s latest rules on anti-money laundering (AML) special preventive measures mark a key milestone in safeguarding national and financial security, while further aligning the country’s regulatory framework with advanced international standards to strengthen cross-border enforcement, experts said. Compared with routine anti-money laundering supervision, they stressed that the special measures will play a forceful, indispensable role…
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An aerial drone photo taken on July 4, 2025 shows wind turbines in Longli county, Southwest China’s Guizhou province. [Photo/Xinhua] China’s industrial base is undergoing a shift toward greener, more digital and more diversified development, a transformation that is creating fresh investment opportunities for global capital as the country steps up its two-way opening-up efforts.…
Going global is no longer an option for Chinese enterprises but has become a necessity for their growth and development, according to a recent report. Industry experts believe that global expansion will be one of the most important investment themes for Chinese companies over the coming decade. Amid adjustments in the global economic landscape, overseas…
A visitor walks past robots displayed at a humanoid robot innovation center in Wuhan East Lake High-tech Development Zone, also known as the optics valley of China, in Wuhan, Central China’s Hubei province, Dec 4, 2025. [Photo/Xinhua] BEIJING – China’s tech-oriented small and medium-sized enterprises (SMEs) saw improved access to credit by the end of…
Tourists buy souvenirs at a shop near a scenic spot in Xinjiang. SUN ZHENSONG/FOR CHINA DAILY The economy of Northwest China’s Xinjiang Uygur autonomous region expanded at a steady clip during the 14th Five-Year Plan period (2021-25), with fixed-asset investment and foreign trade growth among the highest in the country, officials said. According to a…