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Porsche opens integrated R&D Hub in Shanghai

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Alexander Pollich, president and CEO of Porsche China, delivers a speech at the opening ceremony of the new R&D hub in Shanghai on Nov 5, 2025. [Photo provided to chinadaily.com.cn] German sports car maker Porsche has opened an integrated research and development center in Shanghai, deepening its push to localize technology and product development in…

Pioneer of China’s internet honored at Wuzhen Summit

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As the 2025 World Internet Conference (WIC) Wuzhen Summit opened on Friday in the water town in Zhejiang province, five individuals and 14 enterprises were named as winners of the annual Distinguished Contribution Award. The WIC award celebrates breakthroughs in global internet development and governance. Among this year’s honorees was Qian Hualin, a pioneer of…

Xizang receives 63.7m tourists in first three quarters of 2025

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A parade float takes part in a grand gathering to celebrate Xizang autonomous region’s 60th founding anniversary in Lhasa, Southwest China’s Xizang autonomous region, Aug 21, 2025. [Photo/Xinhua] The Xizang autonomous region received 63.7 million domestic and international tourists in the first three quarters of 2025, generating a cultural industry output of 11.25 billion yuan…

Haier Group promotes AI in healthcare at Shanghai expo

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The Haier Group has used the 8th China International Import Expo in Shanghai to highlight the country’s growing capacity for homegrown medical innovation as well as making the case for the greater integration of artificial intelligence into healthcare services. Participating in the expo for the sixth year running, Haier’s healthcare unit Incaier presented more than…

China’s sovereign bond issuance inspires global confidence

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China’s latest US dollar sovereign bond issuance drew overwhelming global demand, underscoring investors’ confidence in the country’s economic restructuring and high-quality growth trajectory, financial experts said. The strong reception also reflects Beijing’s continued push to deepen its engagement with international capital markets through Hong Kong. The Ministry of Finance raised $4 billion through a dual-tranche…

A Herd Rush to What the South Cannot Buy

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China needs to keep its trade surplus running at full throttle. That means exporting the bundle of goods the so-called Global South actually needs, a mix quite different from what developed economies buy. This workaday portfolio has been the backbone of China’s export growth, and Beijing cannot keep the surplus up if it abandons it.…

Global participation surges at 8th CIIE as exhibits hit record highs

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The eighth China International Import Expo (CIIE) opened in Shanghai on Wednesday, drawing participation from 155 countries, regions and international organizations, and featuring 4,108 overseas enterprises. Spanning more than 430,000 square meters, both the exhibition area and number of exhibitors have reached record highs. The Lululemon booth is seen at the Consumer Goods exhibition area…

Global exhibitors showcase green innovations and low-carbon goals at CIIE

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French manufacturer Michelin’s booth at the eighth China International Import Expo (CIIE) in Shanghai. [Photo provided to chinadaily.com.cn] Green and sustainable development has become a key topic at the ongoing China International Import Expo (CIIE), which closed on Monday in Shanghai, with some exhibitors showcasing cutting-edge green technologies, while others highlighted their low-carbon development goals…

Yiwu trade value hits record in Jan-Sept

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Foreign buyers examine coffee makers at Yiwu International Trade Market in Yiwu, Zhejiang province. SHI BUFA/FOR CHINA DAILY China’s bustling hub for small commodities, Yiwu in Zhejiang province, posted a record import and export value in the first three quarters of this year, driven by diversified global markets and strong export performance on the back…

China’s goods trade reaches 37.31 trillion yuan in Jan-Oct

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China’s goods trade maintained steady growth in the first 10 months of 2025, with total imports and exports reaching 37.31 trillion yuan ($5.24 trillion), up 3.6 percent year-on-year, data from the General Administration of Customs showed on Friday. From January to October, exports reached 22.12 trillion yuan, up 6.2 percent year-on-year, while imports totaled 15.19…