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Support for private sector to ramp up

An employee works on the assembly line of a private cane harvester manufacturer in Luoyang, Henan province. ZHANG XIYI/FOR CHINA DAILY China’s top economic regulator is expected to ramp up support for the private sector, with greater emphasis on targeted, problem-oriented policymaking to address the real challenges of enterprises, thereby stabilizing policy expectations and bolstering…

Resilient Chinese economy quells volatility

Container vessels are seen docked at Qianwan Container Terminal in Qingdao, Shandong province, on Dec 8. YU FANGPING/FOR CHINA DAILY The world economy faced strong headwinds in 2025, primarily as a result of escalating trade tensions thanks to the US’ “reciprocal tariffs”, causing substantial uncertainties in supply chains and the global economy. China, meanwhile, managed…

Chinese airlines make flurry of Airbus orders

China’s national flag carrier, Air China, led a flurry of year-end aircraft orders from Chinese airlines this week, with four carriers committing to buy a combined 118 Airbus jets in order to meet demand in the world’s second-largest aviation market. In a filing on Tuesday night, Air China said it had signed an agreement to…

China provides funding boost for consumer goods trade-ins

China has front-loaded 62.5 billion yuan ($8.9 billion) through the first tranche of ultra-long-term special treasury bonds to local governments, providing an early funding boost for consumer goods trade-in programs set for 2026. According to a notice jointly released by the National Development and Reform Commission and the Ministry of Finance, incentives will still be…

SOEs post stable revenue, profits in Jan-Nov

China’s State-owned and State-controlled enterprises demonstrated generally stable performance in the first 11 months of 2025, with revenues registering a slight growth and profits experiencing a modest year-on-year decline, according to official data released on Monday. These enterprises collectively generated operating revenues totaling 75.63 trillion yuan ($10.8 trillion) during the January-November period, reflecting a 1…

Leapmotor eyes global top 10 in 10 years

Leapmotor founder and CEO Zhu Jiangming delivers a speech at the company’s 10th anniversary ceremony in Hangzhou, Zhejiang province, on Dec 28. [Photo provided to chinadaily.com.cn] Since its inception in 2015, Chinese NEV startup Leapmotor has aspired to establish itself as a world-class automaker and it now has confidence in realizing this goal, said founder…

From plateau to hard drives: documentary tests NAS technology

Ugreen’s NAS product. [Photo provided to chinadaily.com.cn] When editors began stitching together footage shot above 5,000 meters on the Qinghai-Tibet Plateau, the challenge was not only artistic but technical. Temperatures plunged, air pressure thinned and data volumes surged as crews filmed Beyond the Frozen Horizon, a feature-length documentary that premiered nationwide in China earlier this…