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MOC: China and Finland should work together to oppose protectionism

China expressed hope that the Finnish government would play an active role in promoting the European Union to exercise prudence in using trade and economic restrictive tools, China’s top commerce official said on Monday during a meeting with Finnish Prime Minister Petteri Orpo.  Commerce Minister Wang Wentao said that Finland should work with China to…

Consumers warming to ’emotional’ AI toys

An AiMe AI robot is displayed during tech show CES 2026 on Jan 7 in Las Vegas, the United States. JOHN LOCHER/AP Every night before going to bed, 27-year-old Nancy Liu places a small, warm device beside her pillow. It breathes softly, responds when she speaks, and remembers how her mood shifts from one day…

Chinese sportswear firm to secure major stake in Puma

Anta Sports Products Ltd announced on Tuesday that it has entered into a share purchase agreement with Groupe Artémis, the investment firm of the Pinault family, to acquire a 29.06 percent stake in the global sportswear giant behind the Puma brand. The deal for Puma SE, valued at 1.5 billion euros ($1.78 billion), marks a…

Canada breaks the ice with EV trade move

China-made cars are unloaded from a train in Yantai port for export from Shandong province on Jan 18. TANG KE/FOR CHINA DAILY Canada has taken a step toward opening its electric vehicle market to China-made EVs, but the country will remain more of a testing ground than a mainstream destination for Chinese brands — at…

Zijin Mining announces purchase of Canada’s Allied Gold

China’s Zijin Mining Group, which specializes in the global exploration and development of metals such as copper, gold, zinc and lithium, as well as engineering and technological research, announced on Monday that it would be buying Canada’s Allied Gold for around $4.02 billion. The announcement came as Zijin steps up its global expansion against the…

Investment in people a key policy imperative

CAI MENG/CHINA DAILY China is placing greater emphasis on optimizing the investment structure, especially investment in people. The fourth plenary session of the 20th Central Committee of the Communist Party of China adopted the recommendations for the 15th Five-Year Plan (2026–30), underscoring the coordinated push to improve people’s livelihoods and boost consumption, while strengthening the…

Financial sector reforms key to growth

China’s financial sector must develop a stronger sense of urgency, accelerate its transition toward greater market orientation, digital and intelligent transformation, and internationalization, and enhance its competitiveness. It needs to allocate vast pools of capital more effectively, seize opportunities arising from the rapid emergence of technology-driven enterprises, deliver solid returns to capital providers and create…

Tax refund reforms boost inbound visitors spending

A sign of tax refund point is seen at a downtown duty-free shop in North China’s Tianjin municipality, Nov 28, 2025. [Photo/Xinhua] China’s inbound consumption surged in 2025 as tax refund reforms sharply boosted spending by overseas visitors, with the number of foreign tourists claiming departure tax refunds jumping 305 percent year-on-year, according to the…

Economic powerhouse Guangdong sets 2026 growth target at 4.5%-5%

A customer interacts with an embodied intelligent robot at a robot store of ENGINEAI Robotics Technology Co Ltd in Futian district of Shenzhen, South China’s Guangdong province, Jan 15, 2026.  GUANGZHOU – China’s manufacturing heartland, Guangdong province, has set a GDP growth target of between 4.5 percent and 5 percent for 2026, Guangdong Governor Meng…

Shandong GDP surpasses 10 trln yuan

A view of the Qingdao Port in Shandong province. ZHANG JINGANG/FOR CHINA DAILY Shandong, a major manufacturing hub that has all 41 categories in the United Nations’ industrial classification system, has become the third province in China to exceed a gross domestic product of 10 trillion yuan, following Guangdong and Jiangsu provinces. The milestone, announced…