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Standard Chartered optimistic about China’s economy

A drone photo taken on Jan 2, 2026 shows a view of a terminal of a subsidiary of Tianjin Port Holdings Co Ltd at Tianjin Port in North China’s Tianjin. [Photo/Xinhua] Having seen the resilience, vitality and transformation of China’s economy, Standard Chartered is optimistic about the country’s economic prospects and its market potential, said…

Xinjiang seen as cornerstone of renewables strategy

An aerial drone photo taken on July 28, 2025 shows a 1GW solar thermal and photovoltaic integrated project in Shanshan county, Northwest China’s Xinjiang Uygur autonomous region. [Photo/Xinhua] Xinjiang Uygur autonomous region’s green electricity consumption reached a historic 43.43 billion kilowatt-hours (kWh) in 2025, a staggering 230 percent increase over the previous year, underscoring the…

Chinese electric two-wheeled vehicle maker eyes global expansion

Wang Ye, founder and CEO of Segway-Ninebot, speaks at the company’s 2026 user conference. [Photo provided to chinadaily.com.cn] Segway-Ninebot, a Chinese maker of smart electric two-wheeled vehicles, said its cumulative global shipments of smart electric scooters and motorcycles have exceeded 10 million units, marking a new milestone for the company’s mobility business. Speaking at the…

China’s central SOEs keep R&D spending above 1 trillion yuan for 4 straight years

BEIJING — China’s State-owned enterprises (SOEs) directly administered by the central government invested 1.1 trillion yuan (about $157.69 billion) in research and development (R&D) in 2025, official data showed on Wednesday. The R&D spending has remained above 1 trillion yuan for four consecutive years, said Pang Xiaogang, deputy head of the State-owned Assets Supervision and…

Gansu to speed up data cluster projects

A staff member at a data center details information about the construction of the provinces’ data center cluster, in Qingyang, Northwest China’s Gansu province, on Jan 6. [Photo/Xinhua] The Gansu provincial government has pledged to accelerate the launch and operational efficiency of key projects in the Qingyang data center cluster in 2026, with total computing…

Foreign visitors laud key initiative

Foreign consumers check out electronics at a Huawei flagship store in Shanghai on Jan 3. CHINA DAILY Spurred by the government’s “Shopping in China” initiative and other consumption-supporting measures, customs authorities in top-tier cities reported a strong increase in tax refund volumes in 2025 and forecast further growth this year. According to Guangzhou Customs, Guangzhou…

China’s tech hub crosses 1t yuan GDP threshold

Customers watch a robot demonstration at the inno100 flagship store in Nanshan district of Shenzhen, South China’s Guangdong province, Jan 5, 2026. [Photo/Xinhua] SHENZHEN – A small district in the southern Chinese city of Shenzhen punched above its administrative weight as its gross domestic product (GDP) last year exceeded one trillion yuan ($143 billion). Nanshan…

Beijing doubles down on ‘fashionable’ consumption

Consumers take a close look at Chinese New Year decorations at a mall in Beijing, on Jan 14, 2026. [Photo/VCG] Beijing is reshaping its commercial landscape by shifting focus from traditional retail to “fashionable consumption” driven by emotional value, immersive scenarios, and cultural fusion, according to a new industry report released earlier this month. The…

China’s international trade promotion body pledges stronger support for foreign trade in 2026

A staff member arranges products to be displayed in live-streaming at a network technology company in Moyu county, Hotan prefecture, Northwest China’s Xinjiang Uygur autonomous region, Jan 9, 2026. [Photo/Xinhua] BEIJING – China’s trade promotion system will continue intensifying efforts to stabilize foreign trade in 2026 amid a complex and challenging global trade landscape, said…