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Global business leaders’ views on China’s economy

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In 2025, China Daily’s Grow with China series released nearly 100 videos, engaging in insightful conversations with over 90 executives from multinational corporations, including 25 global CEOs. The discussions spanned multiple industries such as manufacturing, technology, transportation, healthcare, exhibitions, and entertainment. In 2026, we invite you to join us in capturing the pulse of global…

Chinese legislators pass Foreign Trade Law revision

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Chinese lawmakers adopted a revision to the Foreign Trade Law on Saturday, and the updated provisions will take effect on March 1. The decision was made at a session of the National People’s Congress Standing Committee on Saturday. The current legislative revision is a direct response to profound shifts in the global trade landscape and…

2025 was the year China’s goods trade surplus nearly hit $1.2 trillion

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Geopolitically, goods imbalances are usually the ones that trigger action. That is why the chart below maps the fault lines so well.In a classic mercantilist pattern, China runs large surpluses with demand-rich partners, runs deficits with suppliers of essential inputs, then uses those surpluses to secure more inputs and expand capacity at home. In effect,…

Improved batteries eat into range-extended segment

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Li Auto showcases the range-extended L9 SUV at 2025 Auto Guangzhou in November. QIN ZIHANG/FOR CHINA DAILY Range-extended electric vehicles, which once gained prominence by eliminating range anxiety and saw soaring sales in recent years, are now facing a continued sales decline amid the growing dominance of battery electric vehicles. Data from the China Passenger…

State VC fund primed to back future sectors

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China launched a State-backed venture capital guidance fund on Friday to steer long-term investment into strategic emerging and future industries, underscoring efforts by policymakers to cultivate new quality productive forces as a core driver of economic growth. The national venture capital guidance fund, jointly initiated by the National Development and Reform Commission and the Ministry…

Xinjiang ramps up cotton, textiles biz

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Northwest China’s Xinjiang Uygur autonomous region is leveraging its strengths in cotton production, energy resources, strategic location, and supportive policies to restructure and upgrade its textile and apparel industry value chain. Efforts are focused on boosting local cotton processing, extending industrial chains and integrating cotton textile with petrochemical sectors. At a conference on industrial park…

Meituan opens offline outlet

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China’s leading instant retail platforms are stepping beyond their digital roots. On Dec 19, Ella Supermarket, or Xiaoxiang Supermarket, the instant retail brand under Meituan, officially opened its first offline store in Beijing. The store is located in Wanliu Shopping Center in Haidian district, an area surrounded by high-end residential compounds and close to the…

Cross-border funds program expands

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China has expanded its pilot program for multinational companies to operate integrated domestic and foreign currency capital pools into a nationwide policy, marking a significant stride in financial opening-up. The move aims to facilitate foreign business expansion in China and bolster Chinese companies’ global operations. The People’s Bank of China, the country’s central bank, and…