SHANGHAI — Legislative authorities in Shanghai have passed new regulations aimed at promoting the development of the cruise economy, establishing a robust legal framework to support high-quality growth in the city’s cruise industry. The 27-article regulations, passed by the Standing Committee of the Shanghai Municipal People’s Congress on Tuesday, are set to take effect on…
TOKYO — Chinese automakers are set to become the world’s largest sellers of new vehicles in 2025, overtaking Japanese manufacturers for the first time, The Nikkei has reported. According to an estimate by The Nikkei based on company disclosures from January to November 2025 and data from S&P Global Mobility, Chinese carmakers are projected to…
China has broken ground on an ultra-high voltage transmission project, a key green artery designed to transmit massive amounts of renewable energy from the western parts of Inner Mongolia autonomous region to the industrial heartland of Beijing, Tianjin and Hebei province. The 17.2 billion yuan ($2.4 billion) project, which started construction on Tuesday, is the…
The National Development and Reform Commission has recently approved an early batch of major projects related to national strategies and safety-related capacity building for 2026, along with the central government’s budget investment plan totaling about 295 billion yuan ($41 billion) to further expand effective investment, the commission said on Wednesday. Li Chao, spokeswoman for the…
BEIJING — China on Wednesday released detailed guidelines for its 2026 auto trade-in subsidy program, sustaining support for the automotive market as part of broader efforts to boost consumption. According to a notice jointly issued by the Ministry of Commerce and other government departments, gasoline-powered passenger vehicles will qualify for subsidies if they were registered…
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China’s factory activity saw a notable rebound in December, returning to expansion territory above the 50-point mark for the first time since April, according to official data released on Wednesday. Data from the National Bureau of Statistics showed that China’s official purchasing managers index (PMI) for the manufacturing sector stood at 50.1 in December, up…
Hainan Free Trade Port’s annual aviation passenger throughput surpasses 50 million on Tuesday. CHINA DAILY The combined passenger throughput of the three major airports in the Hainan Free Trade Port — Haikou Meilan International Airport, Sanya Phoenix International Airport and Qionghai Boao International Airport — has exceeded 50 million passenger trips in 2025 for the…
Farmers tend garlic crops in Liuzhi special district, Guizhou province, on Dec 28. LI SHIFU/FOR CHINA DAILY Born in Xuzhou, Jiangsu province, Zhang Chuanyin has been engaged in agricultural cultivation for over 40 years. With accumulated farming experience and cash, he decided to enlarge his own business by planting garlic and ginger, but had to…
China has urged the Netherlands’ government to refrain from further moves in the wrong direction and take concrete steps to restore stability and security in global semiconductor supply chains, according to a statement issued by the Ministry of Commerce on Wednesday. In response to the Netherlands’ Minister of Economic Affairs Vincent Karremans’ recent comments to…