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China likely to continue buying gold

Gold bracelets are on display at Shuibei market in Shenzhen, South China’s Guangdong province on Dec 8, 2024. [Photo/VCG] China may continue increasing its official gold reserves to enhance financial security, as part of a broader trend among central banks worldwide to diversify their international reserve holdings — a development that could prop up investment…

Foreign trade stays on stable growth track

China’s foreign trade will remain resilient in the second half of 2025, fueled by strong growth in high-tech exports, vibrant private sector activity and closer ties with emerging markets, government officials and exporters said on Thursday. They noted that China’s steady export performance, particularly driven by private companies, underscores robust global demand for the country’s…

Chinese policymakers to ensure economy remains stable and positive

Amid evolving domestic and global conditions, Chinese policymakers will explore and adjust policy tools to ensure the economy maintains a stable and positive trajectory, thereby contributing to global economic development, the Ministry of Finance said on Thursday. The ministry’s comments followed S&P Global Ratings’ affirmation of its unsolicited ‘A+’ long-term and ‘A-1’ short-term foreign and…

Shanghai composite hits year-to-date high

China’s benchmark Shanghai Composite Index rose 0.16 percent, closing at 3,639.67 points on Thursday, marking the fourth consecutive session of gains and the highest level so far this year. The rise was driven by gains in sectors including energy equipment, aerospace, and healthcare, while the Shenzhen Component Index fell 0.18 percent to close at 11,157.94…

Legoland Shanghai Resort sees families making up 70% of visitors in first month

The Legoland Shanghai Resort reports that families with children aged two to 12 made up over 70 percent of total visitors. [Photo provided to chinadaily.com.cn] The newly opened Legoland Shanghai Resort has released its first month operational statistics, showing families with children aged two to 12 made up over 70 percent of total visitors. The…

China Eastern debuts Spanish art-themed flight

A themed flight showcasing Spanish art is conducted from Shanghai to Chongqing in western China on August 5, with the aircraft set to operate the inaugural Shanghai-Barcelona route on September 26. [Photo provided to chinadaily.com.cn] A themed flight showcasing Spanish art was conducted from Shanghai to Chongqing in western China on Tuesday, with the China…

Customer satisfaction with NEV sales, services rises in China

Visitors pose with an XPeng car in Beijing on Aug 6, 2025. [Photo by Li Fusheng/chinadaily.com.cn] Customer satisfaction with new energy vehicle sales and services in China has risen in 2025, with domestic brands narrowing the gap with premium international competitors, according to a J.D. Power study released on Thursday. The China New Energy Vehicle…

China’s foreign trade rises 3.5% in first seven months of 2025

China’s foreign trade grew by 3.5 percent year-on-year to 25.7 trillion yuan ($3.58 trillion) in the first seven months of 2025, according to data released by the General Administration of Customs on Thursday. Exports rose by 7.3 percent year-on-year to 15.31 trillion yuan between January and July, while imports declined by 1.6 percent during the…