The economic partnership between Singapore and China is poised for robust growth, setting new benchmarks for regional cooperation as both nations commemorate significant anniversaries, industry experts said. Singapore has entered a new era of high-quality, future-oriented partnership with China, setting the stage for deeper collaboration in new frontiers such as digital and green economies, said…
China’s iron and steel industry reported a 1.9-fold year-on-year increase in profits in the first three quarters, showing an improvement from a year earlier, Jiang Wei, vice-chairman and secretary-general of the China Iron and Steel Association, said at a press conference on Friday. However, the sector still faces pressure to balance supply and demand, he…
The outcomes of the China-US trade talks in Malaysia demonstrated the commitment of both sides to maintain stability in one of the world’s most important economic relationships and underscored Beijing’s firm stance in safeguarding its core interests, experts said. After weeks of escalating tensions, the two countries have stepped back from the brink, suspending some…
Tetra Pak, a leading provider of food processing and packaging solutions, announced recently that its integrated production and service base in Kunshan, Jiangsu province, has received carbon neutrality verification certification from the global authoritative certification body, TUV SUD, making the facility its first carbon-neutral production base in China. This month, the Kunshan base was also…
At present, China’s monetary policy remains supportive and relatively loose, with major interest rates hovering at historic lows. The low interest rate environment is expected to persist for some time, making the high-quality development of China’s capital market particularly important. From both domestic and international experience, monetary tightening can effectively curb rising prices, but monetary…
China’s renewable energy capacity continued its rapid expansion in the first three quarters of 2025, with new installations reaching 310 gigawatts (GW) and driving significant optimization of the country’s energy structure, the National Energy Administration (NEA) said on Friday. New renewable energy capacity added from January to September surged 47.7 percent year-on-year, accounting for approximately…
Canton Tower, an iconic landmark in Guangzhou, the capital of Guangdong province, was illuminated in celebration of the 140th anniversary BASF’s presence in China. [Photo provided to chinadaily.com.cn] German chemical giant BASF, Guangzhou Municipal Government, and Xi’an Jiaotong University signed a memorandum of understanding to collaboratively build a closed-loop ecosystem of basic research, result transformation, and…
Customers inspect a range of BYD vehicles at a store in Qinhuangdao, Hebei province, in March. CAO JIANXIONG/FOR CHINA DAILY China is strengthening its position as the global leader in electric mobility, with near-universal satisfaction among domestic users. Up to 99 percent of Chinese battery electric vehicle owners said they would consider buying another BEV…
China’s six large, State-owned commercial banks reported year-on-year increases in both operating income and net profit in the first three quarters of this year, reflecting their own growth amid continued efforts to advance the high-quality development of the nation’s economy. Industrial and Commercial Bank of China announced on Thursday that it achieved an operating income…
At a recent seminar hosted by Tsinghua University PBC School of Finance, senior executives from global asset manager, Barings, expressed confidence in the country’s continued pursuit of high-quality development and long-term stability, saying that China’s steady policy direction and growing innovation capabilities are creating new opportunities for global markets. Martin Horne, co-head of global investments…