Kuang Jian, general manager of Zhongshan Gamder Electric Appliance Co Ltd, introduces the company’s new power strip product series in Guangzhou, the capital of Guangdong, on Wednesday. [Photo provided to chinadaily.com.cn] Zhongshan Gamder Electric Appliance Co Ltd, based in Zhongshan, Guangdong province, announced its entry into the power strip market by launching a new socket…
China’s securities regulator has imposed its heaviest penalty yet on illegal behaviors involving privately offered asset management firms, underscoring its ongoing efforts to intensify crackdown on illicit activities in the private fund sector to better protect investor interests. The China Securities Regulatory Commission said on Friday that Zhejiang Ruifengda Asset Management Co Ltd, several affiliated…
China’s seafood exports are no longer limited to swimming crabs, tilapia, eel and frozen products. Caviar produced by Chinese aquaculture firms, once a marginal presence in global markets, is gaining traction among overseas consumers in a sector historically led by European producers. At a sturgeon farming base on Qiandao Lake in Hangzhou, East China’s Zhejiang…
Costumers shop at the Sanya International Duty Free City in Sanya, South China’s Hainan province, on Jan 10. GUO CHENG/XINHUA HAIKOU — At the Sanya International Duty Free Shopping Complex in South China’s island province of Hainan, customers stood in a long line behind a checkout counter. Anton, a tourist from Belarus, was shopping with…
With 87 percent of Chinese companies planning to increase investment in artificial intelligence in 2025, and more than half reporting faster-than-expected progress, China’s AI momentum is accelerating. At the same time, the AI+ Action Plan of the State Council, China’s Cabinet, is pushing adoption across priority sectors, from manufacturing and energy to healthcare, finance and…
President and CEO of NVIDIA, Jensen Huang attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. [REUTERS/Denis Balibouse] Jensen Huang, CEO of Nvidia, visited Shanghai on Friday, underscoring the importance of the Chinese market to the US semiconductor company, which has been subject to a series of US…
Foreign institutions and global executives are striking a broadly upbeat tone on China’s economy in 2026 and are increasingly confident about new opportunities generated by high-quality growth, citing the country’s economic resilience, strong policy support and faster technology-driven transformation. Even though short-term headwinds persist, they expect China’s economic growth to maintain its momentum over the…
China’s securities regulator is to implement new guidelines for strengthening the role of performance benchmarks in regulating mutual fund investments. Widely used in overseas markets but less developed in China, performance benchmarks — typically stock or bond indexes — are the standards set by fund management companies to reflect a mutual fund’s investment style, ensure…
China’s electricity market reached a new milestone in 2025, with traded power volume surging to a record 6.64 trillion kilowatt-hours (kWh), as the nation accelerates its transition toward market-driven energy pricing. The total volume represents a 7.4 percent year-on-year increase, accounting for 64 percent of China’s total electricity consumption, a 1.3 percentage point rise from…
China’s drug regulator has granted conditional approval to Huahui Health’s Libevitug injection for the treatment of the chronic hepatitis D virus infection in adults, the company said on Friday. The drug, which could fill a long-standing treatment gap for one of the most severe forms of viral hepatitis, has been approved for patients with or…