‘World’s best bar’ opens Shanghai outpost
Bar Leone, the Hong Kong-based bar recently named No 1 on The World’s 50 Best Bars 2025 list, has opened a new outpost in Shanghai.… Read More »‘World’s best bar’ opens Shanghai outpost
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Road map sets out 2040 transport vision
New energy vehicles roll off the production line at a Leapmotor plant in Jinhua, Zhejiang province. HU XIAOFEI/FOR CHINA DAILY China will advance electrification to reduce automotive carbon emissions and improve energy efficiency, with new energy vehicles set to become the market mainstay. By 2040, NEV penetration is projected to exceed 80 percent. Meanwhile, a…
Alcon eyes further growth in healthcare
Having just taken part in the China International Import Expo for the fourth consecutive year, Geneva-headquartered eye care company Alcon believes the event serves as one of the most influential platforms for introducing its global-first and cutting-edge technologies to China, said a senior executive. “Because of its visibility and influence, our new products and next-generation…
Calls for China to consume better, rather than more
CAI MENG/CHINA DAILY As China advances high-quality development and cultivates new quality productive forces, some Western commentators and policymakers have urged the nation to rely more on domestic consumption to sustain growth rather than over-dependence on exports. Yet the general call for more consumption is inadequate. The challenge before China is not simply to consume…
Domestic vehicle sales up as tax change looms
Visitors tour the booth of BYD during the 2025 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen, South China’s Guangdong province, May 31, 2025. [Photo/Xinhua] Chinese automakers notched monthly sales records in October, fueled by favorable policy incentives and a rebound in consumer demand, propelling China’s auto market toward a robust year-end performance.…
CIIE highlights China’s openness and global opportunities, Standard Chartered CEO says
Bill Winters, chief executive of Standard Chartered Group. [Photo provided to chinadaily.com.cn] The China International Import Expo (CIIE) is testimony to China’s continued opening-up and the vast opportunities the Chinese market offers to the world, said Standard Chartered Group CEO Bill Winters. Speaking after the eighth CIIE opened on Wednesday, Winters said, “This year’s CIIE…
Efficiency, not speed must drive nation’s next phase of economic growth
The global economy is at a crossroads. As the old engines of growth lose steam and new ones sputter to life, China finds itself in the thick of a structural transformation unlike any in its history. The consensus is clear that high-quality development is a necessity, but the real question is how to achieve it…
Innovations gather steam to turbocharge future growth
Visitors watch a robot dog developed by Unitree Robotics during the 2025 International (Wuhan) Intelligent Building Industry Expo at the China Optics Valley Convention and Exhibition Center in Wuhan, Central China’s Hubei province, on Oct 31. WU ZHIZUN/XINHUA BEIJING — Shifting from the “world factory” to a tech innovation hub, China is accelerating the development…
Nippon Express viewing China as core market
Japanese logistics company Nippon Express Holdings Inc is ramping up efforts to bolster digital transformation in logistics, expand automation-based operations and drive the development of green logistics in China, said a senior executive. “The Chinese market is one of the most critical pillars of our global strategy — an indispensable core market without which no…
Sino-EU trade talks seen as key
China and the European Union should work together to manage trade differences through civilized dialogue and rule-based agreements, rather than resorting to protectionist measures, said Olivier Blanchard, a renowned French economist and former chief economist of the International Monetary Fund. “If we do nothing and Europe imposes tariffs (on Chinese exports), this will reduce trade…