A view of the Huangpu River in Shanghai. [Photo/VCG] China’s top market regulator unveiled draft guidelines on Sunday to tighten oversight of how e-commerce and online platforms charge merchants, as Beijing ramps up efforts to promote fairer competition and reduce the operational burden on smaller vendors, who form the backbone of the platform economy. The…
YIWU, Zhejiang — Despite global tariff headwinds, East China’s Yiwu, a renowned global trading hub known as the “world’s supermarket,” stays bustling as usual. Colorful toys, sleek electronics and intricate handicrafts continue to roll off assembly lines here, exhibiting the rhythm of global commerce that refuses to skip a beat. In the first quarter of…
People relax at a Hilton hotel lobby in Hangzhou, Zhejiang province, on March 30, 2024. JIANG LINGGUANG/FOR CHINA DAILY Amid surging inbound tourism to China, global hospitality group Hilton is doubling down on the Chinese market through a broad portfolio strategy, aggressive expansion, and partnerships that localize and elevate the travel experience for consumers, said…
Robin Li, co-founder and CEO of Chinese tech giant Baidu Inc, says Baidu will scale up efforts to cultivate an additional 10 million artificial intelligence experts over the next five years during Baidu Create 2025 in Wuhan, Hubei province, on April 25. CHINA DAILY Chinese tech heavyweight Baidu Inc will scale up efforts to cultivate…
A painted Airbus A321 aircraft operated by China’s Sichuan Airlines arrives at Beijing Capital International Airport, on March 24, 2025. [Photo/VCG] European aircraft manufacturer Airbus said it is willing to support China, its largest single-country market, in building sustainable aviation fuel, or SAF, into an emerging industry, as it believes that the nation has all-around…
A worker moves kiwi fruit at Shanghai Nangang wharf in March 2024. CHINA DAILY As international fresh fruit giants Zespri and Driscoll’s deepen their roots in China, both companies are shifting their growth strategies toward lower-tier cities, betting on rising health awareness, growing disposable incomes and evolving retail ecosystems to drive growth. To strengthen its…
In the high-tech zone of Liyang under Changzhou, Jiangsu province, SAIC Maxus Automotive RV Tech Co’s production base buzzes with activity as an automated assembly line efficiently puts together motorhomes. The company’s self-propelled motorhomes have recently made their way to Australia, marking China’s inaugural large-scale export of such vehicles. Back in 2017, SAIC Maxus made…
An aerial photo of the first phase of Bozhong 26-6 oilfield. [Photo/Xinhua] China’s largest offshore oilfield by production volume and scale, Bohai Oilfield, is targeting crude oil production of 40 million metric tons in 2025, underscoring the increasing role of offshore output in the country’s energy security. In 2024, its oil and gas output reached…
A view of Schaeffler’s booth at an exhibition in Shanghai in April. CHINA DAILY German auto parts provider Schaeffler is betting big on the Chinese market, with plans to double its business in the country over the next six to seven years, even with rising global trade uncertainties. Zhang Yilin, CEO of Schaeffler Greater China, said:…
An intelligent driver assistant system is demonstrated during an auto expo in Shanghai earlier this year. FANG ZHE/XINHUA Targeting long-standing issues such as high accident rates, China is accelerating the intelligent upgrade of its commercial vehicle sector by strengthening safety regulations and introducing new technical standards. In a move that underscores this shift, the Ministry…