A signage of Sinovac Biotech Ltd is shown on this picture taken on May 17, 2025. [Photo/VCG] Sinovac Biotech said its inactivated hepatitis A vaccine has won an exclusive public sector supply contract in Oman for 2026 and 2027, marking its first breakthrough in the Gulf Cooperation Council vaccine market. The Chinese vaccine company said…
BEIJING – China’s government-backed consumer goods trade-in programs benefited 366 million purchases in 2025, boosting product sales worth a total of 2.61 trillion yuan ($373 billion) in value, government data shows. At a regular press briefing on Thursday, commerce ministry spokesperson He Yongqian said that these programs led enterprises above a designated size to see…
SHENZHEN – Shenzhen, a major city in South China’s Guangdong province, recorded a 1.4 percent year-on-year rise in foreign trade to 4.55 trillion yuan ($649.8 billion) in 2025, securing the top rank among all Chinese mainland cities, Shenzhen Customs and the city’s department of commerce said on Thursday. Shenzhen’s exports hit 2.74 trillion yuan in…
A robot from Chinese company AgiBot is displayed during the 2026 Consumer Electronics Show (CES) in Las Vegas, the United States, Jan 6, 2026. [Photo/Xinhua] BEIJING — A global ranking of fast-growing startups in 2025 showed that companies headquartered in China accounted for over one-third of the list, underscoring the country’s strong potential in emerging…
BEIJING – China will step up efforts to promote the high-quality development of its real estate sector, advance urban renewal, and accelerate the upgrading of the construction industry in 2026, striving to secure a good start for housing and urban-rural development during the 15th Five-Year Plan period (2026-2030), an official said. The 15th Five-Year Plan…
China has completed the first phase of its 6G technology trials and accumulated a reserve of more than 300 key technologies, the Ministry of Industry and Information Technology said on Wednesday, underscoring policymakers’ efforts to steadily enhance the country’s information and communications technology capabilities. Xie Cun, head of the information and communication development department at…
BEIJING – Chinese enterprises’ outbound investment maintained healthy, steady and orderly growth in 2025, driven by high-quality cooperation under the Belt and Road Initiative, the Ministry of Commerce said on Thursday. By the end of 2025, Chinese investors had established over 50,000 overseas enterprises across 190 countries and regions, and China’s cumulative outbound investment had…
An employee works on an EV assembly line in Shijiazhuang, Hebei province, on Jan 8. LIANG ZIDONG/XINHUA As China makes rapid advances in new energy vehicles and intelligent connected technologies, the country is gradually shifting from being a follower of international automotive standards to an active contributor in global standard-setting in related fields, industry experts…
BEIJING — The Export-Import Bank of China (China EximBank) has issued over 730 billion yuan (about $104 billion) in technology-related loans in 2025, with funds flowing into sectors including artificial intelligence, brain-computer interfaces, humanoid robots and high-end instruments. By the end of 2025, the bank’s outstanding technology loans stood at 1.54 trillion yuan, accounting for…
China voiced “grave concerns” and “firm opposition” to the European Union’s move to label certain Chinese tech firms as “high-risk suppliers” on Thursday, following Brussels mandates to restrict such suppliers from critical sectors like 5G. “We firmly oppose the EU’s discriminatory practices against Chinese enterprises and its misguided approach of politicizing and over-securitizing economic and…