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China urges cooperation to boost global digital trade

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Visitors browse the artificial intelligence section of the Fourth Global Digital Trade Expo on Monday in Hangzhou, Zhejiang province. Spread over 155,000 square meters, the event has drawn more than 1,800 exhibitors. Running through Monday, the expo aims to boost digital trade and strengthen industrial cooperation among global partners. XU YU/XINHUA Heightened efforts are needed…

MOC: Cooperation between Chinese provinces and US states vital for bilateral ties

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Economic and trade cooperation between Chinese provinces and US states serves as an indispensable component of bilateral economic and trade relations, while also functioning as a vital platform and channel for both sides to enhance their trade and economic exchanges, the Ministry of Commerce said on Thursday. Addressing China-US soybean trade during a news conference…

Donghu High-Tech Haikou Bio-City:Achieving a zero-carbon park with green power generation devices

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The Donghu High-Tech Haikou Bio-City is a flagship project developed by the Haikou National High-tech Industrial Development Zone. Throughout the park, various low-carbon and energy-saving devices, such as photovoltaic benches and photovoltaic power generation trees, are helping to create a zero-carbon park. Zheng Yuhua, general manager of the Hainan Special Economic Zone Donghu High-tech Investment…

Human-centric planning the way forward for design chains

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A new wave of innovation prioritizing human-machine collaboration is reshaping global supply chains, as industries seek to overcome mounting pressures from labor shortages and fragmented operations. Reports from leading institutions such as postal giant DHL and MHI highlight persistent challenges in warehousing and fulfillment worldwide. Annual staff turnover rates in warehouses exceed 40 percent, according…

International operation center of e-CNY begins work

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The international operation center of the digital yuan, or e-CNY, has officially begun operations, the People’s Bank of China said on Thursday, marking China’s latest step in providing innovative solutions for cross-border payments. The central bank said that a promotional event in Shanghai was held on Wednesday, where relevant institutions were briefed on the functions…

Hainan records highest penetration rate of new energy vehicles in China

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New energy vehicles are a common sight across Hainan province. [Photo provided to chinadaily.com.cn] Hainan province leads China in new energy vehicle adoption, with an new energy vehicle penetration rate of 66.5 percent as of August, far above the national average, official data show. There are 483,700 NEVs registered in Hainan, making up 21.86 percent…

China’s commerce ministry adds 3 US firms to unreliable entity list

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Yunnan Baiyao aims to expand presence in wider healthcare market

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[Photo provided to chinadaily.com.cn] Yunnan Baiyao Group Co Ltd, a household name in China’s pharmaceutical sector, has, over the last five years, pursued diversification, innovation and financial stability, positioning itself among the most competitive players in the industry. Now, the company looks to continue to expand its presence in traditional Chinese medicine and the wider…

China urges US to remove unreasonable tariffs for trade expansion

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BEIJING – China on Thursday called on the United States to take positive actions, cancel relevant unreasonable tariffs, and create conditions for expanding bilateral trade. He Yadong, a spokesperson for the Ministry of Commerce, made the remarks at a press briefing in response to questions regarding potential Chinese purchases of US soybeans and Boeing aircraft.…

Swiss think tank researcher: Chinese banks are at the forefront of innovation

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The 2025 China Inclusive Finance International Forum kicked off in Beijing on Sept 24. Peter Knaack, associate at the Swiss think tank Council on Economic Policies, said Chinese banks, especially digital providers, are really at the forefront of innovation. This is what brings him to China in the first place. Tanks to chinadaily.com.cn Please visit:…