A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China has pledged to accelerate local government debt resolution, declaring that the current five-year 10 trillion yuan ($1.38 trillion) bond swap program is on track and will be completed on schedule. The latest announcement follows an executive meeting of…
A boy learns to use a remote control to operate a robot dog developed by Unitree Robotics at a shopping mall in Shanghai on May 5. CHEN YUYU/FOR CHINA DAILY As humanoid robots increasingly move into real-world settings such as tourism, transportation, retail and security, robot rental services are emerging as a fast-growing business model…
As automakers race to redefine the in-car experience, electrochromic dimming glass is moving from a niche luxury feature to a scalable cockpit solution, said a top executive from a leading smart electrochromic company at the Beijing International Automotive Exhibition. He Jiazhi, vice-president of automotive at Ambilight Inc, said the industry is entering a new phase…
Vehicles await export from a port in Yantai, Shandong province, on Monday. TANG KE/FOR CHINA DAILY As the country’s auto industry further deepens its global footprint, China’s automobile exports maintained strong momentum in April, driven by steady shipments of new energy vehicles and accelerated overseas expansion by major domestic carmakers. China exported around 901,000 vehicles…
Visitors wear smart glasses during the sixth China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan province, April 13, 2026. [Photo/Xinhua] Indicators that the country’s consumer market is beginning to recover are emerging, and one unlikely measure is the price of fried chicken. At a financial seminar on May 8, Wu Mianqing, CEO…
A shopper tries out a golden bracelet at a jewelry store in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY Major Chinese gold enterprises demonstrated strong overseas capacity expansion in the first quarter of 2026, producing 24.17 metric tons of mined gold abroad, a robust 30.77 percent increase that helped stabilize overall supply chains, according to…
As the world’s two largest economies, China and the United States can benefit businesses on both sides and inject fresh momentum into global economic recovery by finding more common ground and working together to manage differences, said economists and business executives. The structural complementarity between the two nations, which spans manufacturing, technology and services, is…
China’s largest coal-rock methane field, the Daji Gas Field, has reported strong production growth this year, with cumulative gas output reaching 1.412 billion cubic meters as of Tuesday, a year-on-year increase of 38.6 percent, said its operator China National Petroleum Corp. The gas field is currently maintaining daily output of 11 million cubic meters, demonstrating…
Imports of plant-based medicinal materials from Nepal to the Xizang autonomous region surged over 189 percent year-on-year to 27.5 metric tons in the first quarter of 2026, according to Lhasa Customs. The sharp increase underscores the growing role of traditional medicine in deepening economic and cultural ties between Nepal and Xizang. The Tibetan medicine industry…
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