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Low-altitude economy gains traction

An AE200 eVTOL on display at the launch ceremony in Chengdu, Sichuan province, earlier this week. YANG YIXIN/FOR CHINA DAILY Sichuan authorities rolled out a batch of low-altitude air routes, products, and application scenarios this week, a strong move to advance the low-altitude economy and establish itself as a regional hub for the emerging sector in…

Trade-in programs spur consumption vitality

Consumers discuss details about a cell phone with an assistant at a shopping mall in Shushan district, Hefei, Anhui province, April 26, 2025. [Photo/VCG] As of May 11, the number of applications for vehicle renewal subsidies reached around 3.23 million in 2025, according to data released by the Ministry of Commerce on Monday. Since the…

More Chinese exporters to US shift to domestic market

A merchant demonstrates a toy camera to a Spanish trader at Yiwu International Trade Market in Jinhua, Zhejiang province, on April 15. [SHI BUFA/FOR CHINA DAILY] Chinese exporters to the United States are increasingly turning to the domestic market as external demand softens, with domestic sales rising steadily in April, official tax data showed on…

ACCA helps Beijing’s service platform

China plays a vital role in contributing to a global economy “where everybody needs to be included and prosper”, in the face of a tumultuous international landscape marked by intensifying geopolitical tensions, a senior executive told China Daily. “China has been and will remain highly significant as an economy to the world,” said Helen Brand,…

Carmaker’s operations to boost Thailand’s EV plan

Changan Automobile’s first overseas electric vehicle production plant starts operations in Thailand on Friday and its first DEEPAL S05 EV is delivered the same day. CHINA DAILY Chinese automaker Changan Automobile’s first overseas electric vehicle production plant started operations in Thailand on Friday, which is a significant step for the kingdom’s development toward becoming a regional…

Hainan sees higher levels of openness

As China’s tropical island province of Hainan starts independent Customs operations by the end of the year, its level of openness is expected to reach new highs and benefit more foreign partners, said senior officials. In line with the highest international standards of openness, the liberalization and facilitation of trade and investment have been the…

Nation takes global lead in hydrogen energy output

Foreign delegates check out hydrogen production equipment during a power expo in Beijing in March. CHEN XIAOGEN/FOR CHINA DAILY China emerged as a global leader in hydrogen energy production in 2024, with diverse investments highlighting industry dynamism and propelling the nation toward sustainable energy solutions, said officials and experts. According to the latest data from the…

HP hails China as ‘pivotal’ to its business

US tech company HP Inc has reiterated its long-term strategic focus on the Chinese market, emphasizing the country’s critical role in its global manufacturing and innovation networks. The announcement coincides with insights from Chinese tech giant Lenovo Group, which underscored the importance of global resource integration in navigating geopolitical uncertainties. The latest remarks highlight China’s…

Internet majors see accelerated growth

Chinese internet heavyweights have returned to a rapid upward trajectory fueled by the continuously improved business environment and the application of rapidly evolving artificial intelligence technology, as they posted the fastest quarterly revenue growth in core businesses. Experts said the robust financial performance demonstrates the immense potential and resilience of Chinese platform enterprises, which have…

Foreign orders on the up in Guangdong

Chinese foreign trade companies are picking up steam in fulfilling orders after China and the United States announced on Monday that they had reached an agreement to reduce tariffs on each other during trade talks in Geneva, Switzerland. The influx of orders from the US has posed a challenge to the production and supply capabilities…