Skip to content

News

Chinese industry bodies issue trial guidelines to advance unified market

BEIJING — Seventeen national industry associations and chambers of commerce on Friday jointly released a set of trial guidelines for domestic trade transactions, aiming to build a unified, open and orderly competitive market system and further advance the development of a unified national market in China. China’s domestic trade market is large in scale, with…

Museum in expo city marks new strides

As the one-year countdown to the opening of Expo 2027 Belgrade approaches, the International Exhibitions Bureau (BIE), Expo 2027 doo Belgrade and the World Expo Museum (WEM) jointly signed a Memorandum of Understanding in Shanghai on May 7 on the participation of the WEM in Expo 2027 Belgrade. It is the first time that WEM…

Ikea grows footprint of smaller stores in Beijing

Ikea China opened its first small-format store in the Tongzhou district of Beijing on April 30, as the Swedish home furnishing giant continues to expand its footprint in China’s capital and deepen its omnichannel strategy. The Tongzhou store, part of Ikea’s broader effort to integrate more closely with consumers’ daily lives, spans roughly 1,500 square…

China’s service trade grows in Q1 amid tourism boom

BEIJING — China’s trade in services expanded 2.3 percent year-on-year in the first quarter (Q1) of 2026, with stellar growth recorded in travel service exports, data from the Ministry of Commerce showed on Friday. The total value of service imports and exports reached over 1.8 trillion yuan (about $262.8 billion) in the first three months…

China to boost mutual empowerment of AI, energy

An aerial drone photo taken on May 17, 2025 shows a photovoltaic base with a capacity of one million kilowatts in Dalad Banner of Ordos, North China’s Inner Mongolia autonomous region. [Photo/Xinhua] BEIJING — Chinese authorities have recently issued an action plan that aims to promote the mutual empowerment of artificial intelligence (AI) and energy.…

Bicycle industry sees upward trend

A visitor test-rides a bicycle at the 2026 China International Bicycle Fair in East China’s Shanghai, May 6, 2026. The four-day 2026 China International Bicycle Fair kicked off at Shanghai New International Expo Centre on Tuesday. [Photo/Xinhua] SHANGHAI — China’s bicycle sector registered steady production growth in 2025, with total output hitting 110.8 million units,…

China reports significant progress in business environment improvement

BEIJING – China has made significant progress in improving its business environment, according to a report released on Friday by the National Development and Reform Commission, the country’s top economic planner. The report provides a comprehensive overview of the country’s achievements in enhancing the ease of doing business. Based on detailed data, the report focuses…

Rolls-Royce eyes growth in China’s aviation sector

A view of the booth of Rolls-Royce during an expo in Shanghai. CHINA DAILY As China’s aviation market enters a new stage of expansion, Rolls-Royce is strengthening its long-term presence in the country, viewing the market as not only key for growth, but also as an increasingly important hub for maintenance services and supply chain…

Make yourself at home with a delivery from China

A Chinese-made expandable container house is installed by YouTube content creators in the United States. Provided to China Daily A fully furnished home for less than $20,000 might sound improbable in today’s housing market; yet one such unit has made its way across the Pacific to the United States. Spanning 770 square feet (about 71.5…

Austrian firms set to deepen footprint in Chinese market

As China advances high-quality development and opening-up, Austrian enterprises are looking to deepen their engagement with the nation, highlighting opportunities in advanced manufacturing, green development and fast-evolving consumer demand. Austria’s business community “has a lot of admiration for the progress China has made over the years,” said Franz Roessler, the commercial counselor at the Austrian embassy…