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Green, smart goods boosted by trade-ins

Potential car buyers look at vehicles offering trade-in subsidies at a market in Nanchang, Jiangxi province. ZHU HAIPENG/FOR CHINA DAILY China’s trade-in programs, with greater emphasis on greener and smarter products this year, will better meet people’s needs to upgrade their older models and further unleash the country’s consumption potential, analysts said. They say dedicated…

White paper details Shanghai’s rise as AI manufacturing hub

Thanks to the explosive development in AI’s industrial scale and holding one-third of the nation’s AI talents, Shanghai has established itself as a highland for AI. The city’s AI-powered manufacturing is set to play a greater role, according to the white paper on 2025 Shanghai’s AI manufacturing development released on Thursday. As of Dec 24,…

Working group launched to promote rare earth steel applications

A new working group to promote rare earth steel applications was launched at a recent meeting in Beijing, marking a coordinated push to advance technological innovation and large-scale application of rare earth steel in China, the China Iron and Steel Association announced on Thursday. Hosted by the association on Jan 6, the meeting was co-organized…

Nestle China strengthens oversight following urgent baby formula recall

The food safety office of the State Council, China’s Cabinet, and the State Administration for Market Regulation said on Thursday night that they had urged Nestle China to immediately recall certain batches of infant formula sold in the Chinese market to protect consumers’ legitimate rights. The directive follows Nestle’s global precautionary recall of certain batches…

Shenzhen to host Dubai Forum as digital bridge to business

Mohammad Ali Rashed Lootah, president and CEO of Dubai Chambers, attends the news conference in Shenzhen on Thursday. [Photo provided to chinadaily.com.cn] The fifth International Dubai Business Forum will take place on May 14, 2026, in Shenzhen, a booming innovation-driven city in South China, as announced by the host Dubai Chambers on Thursday. The event…

China’s commerce ministry comments on investigation of Meta’s acquisition of Manus

BEIJING — China’s Ministry of Commerce on Thursday made remarks regarding the investigation of Meta’s acquisition of artificial intelligence platform Manus, noting that enterprises engaging in overseas investment must comply with Chinese laws and regulations. The Chinese government has always supported enterprises in conducting mutually beneficial and win-win transnational operations and international technological cooperation in…

China says economic, trade ties with Venezuela remain unchanged

China’s desire to deepen bilateral economic and trade relations with Venezuela will remain unchanged regardless of how the political situation evolves in the Latin American country, a spokesman for the Ministry of Commerce said on Thursday. According to He Yadong, China firmly opposes the hegemonic actions taken by the United States, which represent a severe…

China approves strategic merger between Sinopec and Aviation Fuel Group

The State Council approved on Thursday a reorganization between China Petroleum and Chemical Corp (Sinopec), the country’s largest refiner, and China National Aviation Fuel Group, Asia’s largest aviation transportation service provider. Industry insiders view this reform as a strategic move to restructure and consolidate central State-owned enterprises. It is seen as a proactive step to…

China’s willingness to deepen economic ties with Venezuela remains unchanged

BEIJING — China’s willingness to continuously deepen economic and trade relations with Venezuela will remain unchanged regardless of changes in Venezuela’s political situation, He Yadong, a spokesperson with the Ministry of Commerce, said on Thursday. He made the remarks when responding to a relevant question at a regular press conference. He said that the hegemonic…