Skip to content

News

Loan data points to stabilizing realty sector

Potential homebuyers look at a property model in Huizhou, Guangdong province. ZHOU NAN/FOR CHINA DAILY The latest lending data showing a rebound in property-related loans indicates early signs of stabilization in China’s real estate market, signaling a gradual recovery in financing activity and a renewed sense of confidence among developers and homebuyers, industry experts said…

China-ASEAN trade through Zhuhai Port crosses $3b in H1

The value of imports and exports between China and ASEAN through the Zhuhai port of the Hong Kong-Zhuhai-Macao Bridge grew rapidly in the first half of 2025. [Photo provided to chinadaily.com.cn] The Hong Kong-Zhuhai-Macao Bridge, a mega cross-sea project in the Guangdong-Hong Kong-Macao Greater Bay Area, has played an increasingly crucial role as an economic…

China’s industrial profits down 1.8% in H1

A drill site of Sinopec’s Shengli Oilfield in Dongying, Shandong province. WANG GUOZHANG/FOR CHINA DAILY BEIJING — Profits of China’s major industrial firms dropped by 1.8 percent year-on-year in the first half of 2025, official data showed Sunday. Industrial firms with an annual main business revenue of at least 20 million yuan ($2.8 million) saw their…

GM reports 3rd consecutive profitable quarter in China

GM’s Buick introduces the Electra sub-brand at an event in April. [Photo provided to chinadaily.com.cn] General Motors has reported a third consecutive quarter of profitability in China, signaling a sustained rebound in the world’s largest auto market amid intensifying competition and a rapid transition to electric vehicles. The automaker said on Tuesday that its operations…

Chinese automakers unveil new models at Indonesia auto show

BYD Atto 1 is displayed during the Gaikindo Indonesia International Auto Show in Tangerang, Indonesia, on July 23, 2025. [Photo/VCG] JAKARTA — Chinese automakers on Wednesday unveiled new electric vehicle (EV) models in Indonesia, as demand for EVs continued to grow across the Southeast Asian country. At the Gaikindo Indonesia International Auto Show, held in…

2025 World AI Conference kicks off in Shanghai

Share – WeChat People view an AI-powered textile machine at the exhibition area of the 2025 World AI Conference and High-Level Meeting on Global AI Governance in East China’s Shanghai, July 26, 2025. The event kicked off here on Saturday. More than 1,000 officials and representatives of industries, universities and research institutes from home and…

China’s key progress in 14th Five-Year Plan period

This year marks the conclusion of China’s 14th Five-Year Plan (2021-25), a period during which the country has made significant strides in achieving its economic and social development goals. Watch the AI-generated video to explore more key achievements from this period. Thanks to Chinadaily.com.cn Please visit: Our Sponsor