Two visitors from South Korea view a wide range of cosmetics on display at a business exchange and promotional fair held in Kecheng district, Quzhou, East China’s Zhejiang province, on Aug 14, 2025. [Photo/VCG] China and South Korea are willing to accelerate negotiations on the second phase of their bilateral free trade agreement to deepen…
People watch and take pictures of a nine-meter-high and 16-meter-long mechanical elephant during the 23rd Harbin International Beer Festival in Harbin, Heilongjiang province, on Aug 9. ZHANG SHU/FOR CHINA DAILY Nighttime dining, shopping and travel are thriving across China this summer, injecting fresh momentum to economic growth at a time when the country has prioritized…
BEIJING — China has ranked among the top three trading partners for 157 countries and regions worldwide, said Sun Meijun, head of the General Administration of Customs (GAC), at a press conference on Monday. In 2024, China’s trade with Belt and Road Initiative participating countries reached 22 trillion yuan (about $3 trillion), comprising over 50…
Linyi in Shandong province has hosted the second Linyi Entrepreneurs Convention, during which entrepreneurs took the spotlight as they discussed cooperation and future growth. Linyi’s private economy is vibrant and serves as a cornerstone in the city’s development. The city currently hosts 1.54 million market entities, ranking second in Shandong. On average, one in every…
BEIJING — China’s central bank said on Monday it has issued a notice jointly with two other government departments, outlining 15 targeted measures to leverage financial strength to drive high-quality forestry development. The People’s Bank of China (PBOC) said that the measures, raised jointly with the National Financial Regulatory Administration and the National Forestry and…
Staff members sort packages at a logistics center at the Zaozhuang branch of China Post in Zaozhuang city, East China’s Shandong province. [Photo/Xinhua] BEIJING — China’s e-commerce sector saw steady growth in the first seven months of 2025, with online sales of a variety of products showing significant growth, the Ministry of Commerce said Friday.…
China’s emphasis on bolstering the extensive and in-depth integration of artificial intelligence in various fields will help the nation build up new growth drivers and inject strong impetus into high-quality economic development, solidifying its position as a global innovation powerhouse, said experts and company executives. As China recognizes AI as an essential tool in nurturing…
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China has launched the first section of the Second Sichuan-to-East Gas Transmission Pipeline, adding nearly 3 billion cubic meters of natural gas transmission capacity annually, said its operator China Oil & Gas Pipeline Network Corporation (PipeChina) on Monday. The move marks an acceleration in the construction of this strategic energy structure and promote coordinated regional…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] Banking associations, including those in the city of Shanghai, as well as Guangdong, Zhejiang and Anhui provinces, have launched measures to curb “involution-style” competition, targeting high-interest deposits, mortgage rebates, and auto loan kickbacks, among other practices. Since the beginning…