Volkswagen Group showcases its ID models at the ongoing China International Import Expo in Shanghai. CHINA DAILY Global automakers are showcasing products and technology and expanding domestic partnerships at the China International Import Expo, which is running from Wednesday to Monday, signaling their commitment to the world’s largest auto market. A key highlight at the…
Moloco, a US-based artificial intelligence and advertising technology company, views China as one of its most dynamic and strategically important markets, with its cofounder and CEO Ikkjin Ahn describing Chinese enterprises as some of the fastest-moving and most innovation-driven in the world. “The China market is very important for us. We are working with Chinese…
BEIJING — China’s Ministry of Commerce on Monday announced a one-year suspension of countermeasures against five US-linked subsidiaries of Hanwha Ocean, a leading shipbuilding enterprise from the Republic of Korea. This suspension took effect on Monday, the ministry said in a statement. The move came after the US decision to suspend, for one year, the…
Bar Leone, the Hong Kong-based bar recently named No 1 on The World’s 50 Best Bars 2025 list, has opened a new outpost in Shanghai.… Read More »‘World’s best bar’ opens Shanghai outpost
New energy vehicles roll off the production line at a Leapmotor plant in Jinhua, Zhejiang province. HU XIAOFEI/FOR CHINA DAILY China will advance electrification to reduce automotive carbon emissions and improve energy efficiency, with new energy vehicles set to become the market mainstay. By 2040, NEV penetration is projected to exceed 80 percent. Meanwhile, a…
Having just taken part in the China International Import Expo for the fourth consecutive year, Geneva-headquartered eye care company Alcon believes the event serves as one of the most influential platforms for introducing its global-first and cutting-edge technologies to China, said a senior executive. “Because of its visibility and influence, our new products and next-generation…
CAI MENG/CHINA DAILY As China advances high-quality development and cultivates new quality productive forces, some Western commentators and policymakers have urged the nation to rely more on domestic consumption to sustain growth rather than over-dependence on exports. Yet the general call for more consumption is inadequate. The challenge before China is not simply to consume…
Visitors tour the booth of BYD during the 2025 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen, South China’s Guangdong province, May 31, 2025. [Photo/Xinhua] Chinese automakers notched monthly sales records in October, fueled by favorable policy incentives and a rebound in consumer demand, propelling China’s auto market toward a robust year-end performance.…
Bill Winters, chief executive of Standard Chartered Group. [Photo provided to chinadaily.com.cn] The China International Import Expo (CIIE) is testimony to China’s continued opening-up and the vast opportunities the Chinese market offers to the world, said Standard Chartered Group CEO Bill Winters. Speaking after the eighth CIIE opened on Wednesday, Winters said, “This year’s CIIE…
The global economy is at a crossroads. As the old engines of growth lose steam and new ones sputter to life, China finds itself in the thick of a structural transformation unlike any in its history. The consensus is clear that high-quality development is a necessity, but the real question is how to achieve it…