An employee works at a casting facility in Maanshan, Anhui province, on Aug 7. ZHANG MINGWEI/FOR CHINA DAILY China’s steel demand is holding firm in key sectors such as new energy vehicles, automobiles and home appliances, reflecting a shift toward higher-quality industrial consumption, even as overall demand is projected to gradually decline over the next…
A customs official (left) helps foreign visitors at Sanya Phoenix International Airport in Hainan province on Dec 18. MENG XUSHUN/XINHUA The rollout of the island-wide special customs operations on Dec 18 in Hainan Free Trade Port ushers in a new stage of Hainan province’s development, unlocking freer flows of goods, capital, personnel and data under…
Shanghai received about 8.28 million inbound tourists from January to November, up nearly 40 percent year on year, surpassing the full-year total for 2024.[Photo/Xinhua] Shanghai’s… Read More »Shanghai sees nearly 50-pct surge in foreign tourists in Jan-Nov
Chery plans to build its largest factory in Southeast Asia in Vietnam by mid-2026, Nikkei reported on Wednesday. The total investment for the plant could reach up to $800 million. Initially, the plant will have an annual capacity of 30,000 to 60,000 vehicles, with the potential to increase production to 200,000 vehicles depending on market…
A comprehensive service platform to manage low-altitude flights was launched on Thursday in Guangzhou, capital of Guangdong province, providing crucial support for the development of the low-altitude economy across the province. The platform, launched during a conference on high-quality development of the low-altitude economy in the Guangdong-Hong Kong-Macao Greater Bay Area, serves as the sole…
MA XUEJING/CHINA DAILY China is set to press ahead with consumption-led and technology-driven expansion in 2026 as the economy undergoes a structural shift toward higher-quality growth, according to economists at major Chinese and international financial institutions. Xiong Yi, Deutsche Bank’s chief economist for China, said,”Our main takeaway from the Fourth Plenum is that Chinese leaders…
Looking back at the trajectory of China’s foreign trade in 2025 is like tracing a line marked by pressures, adaptation and resilience. For a journalist who has observed all the twists and turns, it is more of a story about the ability of many businesses to transform adversity into opportunity. The year began under a…
An inbound tour operator takes a photo with tourism personnel wearing traditional Chinese costumes at the China International Travel Mart in Haikou, Hainan province.[Photo provided… Read More »China travel apps are taking off
Fully loaded cargo ships are seen on Dec 9 at the Shekou Container Terminal in the western port area of Shenzhen, Guangdong province. Tang Shuquan/Xinhua China’s foreign trade sector is poised for steady growth in 2026, driven by rising global competitiveness of its exports and enhanced diversification of trading partners, as well as an increasingly…
Trucks line up for loading at the container logistics center for rail in Qinzhou, Guangxi Zhuang autonomous region. ZHANG AILIN/XINHUA China has rolled out a package of financial measures to support the development of the New International Land-Sea Trade Corridor, officials said, underscoring the country’s commitment to advancing high-quality Belt and Road cooperation amid complex global…