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Shifting gears from manufacturing to green tech

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Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, foreign corporations are uniquely positioned to seize the opportunities presented by this transformative period. China Daily examines how these companies are aligning with China’s new round of high-standard opening-up policies, embracing emerging tech innovation trends and expanding their presence in…

Growing optimism leads Australian firms to further invest in China

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Visitors check out products from Australia during the eighth China International Import Expo in Shanghai on Nov 8. [Photo provided to China Daily] Almost half of Australian companies plan to increase investment in China, reflecting growing confidence in the bilateral trade and investment relationship, according to a new report released by the China-Australia Chamber of…

Sam’s Club to open 5th Beijing store

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A view of a newly opened Sam’s Club store in Yangzhou, Jiangsu province. CHEN YANG/FOR CHINA DAILY Sam’s Club, Walmart Inc’s membership retail chain, is scheduled to launch its 61st store in China on Friday (Nov 21) with a grand opening in Beijing’s Changping district — part of an aggressive push to attract affluent urban…

JD, other local retailers show offshore effect

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Shoppers overseas displayed strong purchasing power for Chinese-made intelligent tech products during this year’s Singles Day shopping carnival, driven by the robust growth of artificial intelligence, steep discounts and free shipping delivery services provided by e-commerce platforms. Chinese e-commerce giant JD showed that during the just-concluded promotional gala, sales of digital products such as smart…

Report: Firms hiring talent with green skills

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Technicians inspect wind turbine blades at a construction site in Zhangye, Northwest China’s Gansu province, on Sept 7. [WANG JIANG/FOR CHINA DAILY] Companies in China and overseas are investing in sustainability professionals to innovate, cut carbon emissions and enhance resilience, even as talent gaps and training needs present ongoing challenges, according to Linked-In’s 2025 Climate…

Chinese vice-premier calls for enhanced quality, effectiveness of foreign trade

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CHANGSHA – Chinese Vice-Premier He Lifeng has called for sustained efforts to enhance both the quality and effectiveness of foreign trade, emphasizing the need to remove bottlenecks and obstacles hindering the development of a unified national market. He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the…

Schott charts fresh investment plan

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With China entering a new era of innovation-driven and green-led growth, German specialty materials manufacturer Schott AG plans to invest more than 60 million yuan ($8.4 million) in Suzhou, Jiangsu province in the coming months, said a senior executive. Upon full completion and ramp-up, the project aims to generate an annual output value of more…

Nation’s euro bond sale shows investors’ confidence

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The overwhelming demand for China’s latest offering of euro-denominated sovereign bonds reflected confidence of global investors in the country’s sovereign credit and long-term economic potential, financial professionals and experts said. They added that China’s back-to-back issuance of two sovereign bonds in a month also highlights the country’s commitment to high-level opening-up and deeper integration with…

Strong demand for China’s sovereign bonds signals global confidence

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The overwhelming demand for China’s latest offering of euro-denominated sovereign bonds reflects confidence of global investors in the country’s sovereign credit and long-term economic potential, financial professionals and experts said. They added that China’s back-to-back issuance of two sovereign bonds in a month also highlights the country’s commitment to high-level opening-up and deeper integration with…

China strictly adhering to China-US trade agreement: commerce ministry

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China is strictly adhering to the consensus reached during the China-US economic and trade consultations in Kuala Lumpur and proceeding with the implementation of relevant measures, the Ministry of Commerce said on Thursday. He Yongqian, spokeswoman for the ministry, made the remarks when responding to questions about news reports that China and the United States…