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Wuxi gets positive charge from amped-up electric vehicle sector

An employee works on the assembly line of Yadea Technology Group Co in Wuxi, Jiangsu province. LIU JIAQI/XINHUA Chinese electric bicycle and vehicle manufacturers are rapidly expanding their global presence by establishing production bases and transit warehouse systems overseas. Yadea Technology Group Co, an electric scooter industry leader which also manufactures electric motorcycles, electric tricycles…

China’s consumer market: five surprises

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China handles over 7.2 billion parcels during National Day and Mid-Autumn Festival holiday

BEIJING — China’s postal and express delivery industry handled a total of 7.231 billion parcels during the eight-day National Day and Mid-Autumn Festival holiday, the State Post Bureau (SPB) announced on Thursday. The industry handled an average daily volume of over 900 million parcels from Oct 1 to 8, with overall operations remaining stable throughout…

Export controls on rare earths announced

China will impose export controls on a range of rare earth technologies, covering mining, smelting and the recycling of secondary resources, the Ministry of Commerce announced on Thursday. Approved by the State Council, China’s Cabinet, the new measures mandate that overseas organizations and individuals must obtain a dual-use item export license from the ministry before…

China adds 14 foreign entities to unreliable entity list

BEIJING – China on Thursday announced placing 14 foreign entities, including Dedrone by Axon and TechInsights Inc and its branches, on an unreliable entity list, according to the Ministry of Commerce. The foreign entities are prohibited from engaging in import and export activities related to China, and are forbidden from making new investments in China,…

China to unveil over 30 new national, industry standards for cloud computing by 2027

BEIJING — China’s Ministry of Industry and Information Technology on Thursday said that the country plans to develop more than 30 sets of new national and industry standards for cloud computing by 2027, as the sector has posted robust growth in recent years. The new standards will focus on cloud-computing-related technology, services, applications, management and…

China announces new export control measures

New export control measures will be imposed on products linked to superhard materials, rare earth-related equipment and materials, and batteries, the Ministry of Commerce and the General Administration of Customs announced on Thursday.  Starting on Nov 8, the export of items involving superhard materials, equipment and raw materials associated with rare earths, five medium and…

Online payments during China’s National Day holiday hit 13.26t yuan

People select products at 1905 Art Re-Creative Space, which is transformed from an abandoned factory, in Shenyang, capital of Northeast China’s Liaoning province, Oct 6, 2025. [Photo/Xinhua] BEIJING — Chinese online payment clearinghouse NetsUnion and card payment giant China UnionPay reported robust growth in online payments during the National Day and Mid-Autumn Festival holiday, central…

Urban renovation sees rosy outlook

A residential property is under construction in Shanghai’s Huangpu district, on Sept 22, 2025. [Photo/VCG] As Chinese cities enter a new era driven by urban regeneration, property developers focusing on high-quality development of existing urban areas are finding themselves better positioned than ever, senior executives of Shanghai-based Shui On Land Ltd said. Aiming at playing…