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Pricing law overhaul to ensure fair competition

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A visitor (right) experiences a massage treatment conducted by an intelligent robot at a health maintenance store in Qinhuangdao, Hebei province, on June 18. CAO JIANXIONG/FOR CHINA DAILY China is overhauling its pricing law after nearly three decades, a critical revision aimed at curbing cutthroat price wars, algorithm discrimination and other unfair market practices in the…

Ningxia Hui deals represent boost for China-UAE trade

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The China-UAE Economic and Trade Cooperation Promotion Conference is held in Yinchuan, Ningxia Hui autonomous region on Aug 28, 2025. [Photo provided to chinadaily.com.cn] China and the UAE signed on to 11 trade and investment projects worth 2.4 billion yuan ($33.6 million) at a high-level promotion event in Yinchuan, Ningxia Hui autonomous region on Thursday…

CITIC reports solid H1 2025 results with higher dividend

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CITIC actively invests in emerging industries like digital technology, low-altitude economy and artificial intelligence. [Photo provided to chinadaily.com.cn] CITIC Ltd has published interim results for 2025, reporting revenue of 368.8 billion yuan ($51.69 billion), a net profit of 59.8 billion yuan, and profit attributable to ordinary shareholders of 31.2 billion yuan. The company board has recommended…

Logitech focuses on innovation to grow China market

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An engineer checks operation data at Logitech International SA’s Suzhou manufacturing base in Jiangsu province, in July 2024. [Photo provided to chinadaily.com.cn] Logitech International SA has pursued innovation and automation upgrades at its Suzhou manufacturing base in Jiangsu province, as the Swiss consumer electronics maker seeks to harness China’s booming gaming market and resilient supply…

12% of EU population reported pollution in their area

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XPeng sets new monthly record in August

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XPeng’s booth is attracting visitors vehicles with its models at the Chengdu Motor Show on Aug 29, 2025. [Photo provided to chinadaily.com.cn] XPeng delivered 37,709 vehicles in August, a 169 percent jump from a year earlier and a 3 percent rise from July, marking a new monthly record, the Chinese NEV maker said Monday. The…

EU Strips Putin of Trade Funding, Annihilates Deficit with Russia

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From an all-time high trade deficit with Russia to zero in just three years. Said and deliveredAfter Russia invasion, imports from Ukraine fell off a cliff, while Russian exports to China jumped to record highs.Draghi’s Rimini speech didn’t sound like summer musings. He ticked off the threats one by one: China backing Russia, the war…

Qingdao FTZ marks six years of strong growth and global links

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The Qingdao FTZ, which turns six on Aug 31, achieves remarkable reform and development results. [Photo/IC] Just days before its sixth anniversary, the Qingdao Area of the China (Shandong) Pilot Free Trade Zone, also known as the Qingdao FTZ, released a scorecard highlighting six years of growth and reform. The Qingdao FTZ has delivered 358…

Domestic brands drive global push from regional output to ecosystem

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Leapmotor B10s set sail for Europe on Aug 25. CHINA DAILY Chinese automakers have moved beyond simple product exports and entered a new phase of industry chain globalization, including localized production and ecosystem services. A train loaded with components from FAW Group departed from Changchun, Jilin province, for Europe last week, marking the automaker’s first direct…