Shoppers browse digital products offering trade-in subsidies at a store in Hefei, Anhui province. CHEN SANHU/FOR CHINA DAILY BEIJING — China’s efforts to spur consumer spending are off to a strong start this year, with government subsidy measures driving a surging demand in digital products, the Ministry of Commerce said on Thursday. Since the program’s…
The EU is once again running a trade deficit with China exceeding €1 billion per day as imports surge and exports decline. In January 2025, EU exports to China fell 13% year-on-year, while imports from China surged 22%, pushing the trade deficit to €31 billion.The Global Times, a daily tabloid newspaper under the auspices of…
The 12th World Congress of Chemical Engineering and the 21st Asian Pacific Confederation of Chemical Engineering Congress (WCCE 12 & APCChE 2025) will be held from July 14 to 18 at the China National Convention Center in Beijing, according to its organizer. It is expected that more than 5,000 professionals and representatives from chemical engineering…
Export-bound vehicles await shipment at Taicang Port, Jiangsu province. JI HAIXIN/FOR CHINA DAILY China Development Bank has rolled out a robust set of measures to provide strong financial support for businesses in the country’s foreign trade sector this year. The bank has been leveraging a wide array of financing instruments, including project loans, syndicated loans,…
Oliver Zipse, chairman of the board of management of BMW Group, delivers a keynote speech at the China Development Forum on March 23, 2025. [Photo provided to chinadaily.com.cn] German premium carmaker BMW Group has reaffirmed the company’s unwavering commitment to China, its largest market in the world, calling the country a “cornerstone” of its future…
An aerial drone photo shows a view of Yangpu International Container Port in the Yangpu Economic Development Zone in Danzhou, South China’s Hainan province, Jan 11, 2025. [Photo/Xinhua] China has set its sights on exploring new frontiers for opening-up, with education and culture being the next areas of focus, which senior executives said are windows…
BEIJING – As part of broader efforts to stimulate domestic demand, China has called on cities to further refine their automobile quota systems to better accommodate households without cars of their own, following a series of favorable policies rolled out across the world’s largest auto market. The country on March 16 made public a plan…
TCL’s booth at the Appliance & Electronics World Expo (AWE) 2025 in Shanghai. [Photo provided to chinadaily.com.cn] Chinese consumer electronics manufacturer TCL Technology Group Corp is doubling down on artificial intelligence through bolstering its application in home appliances and consumer electronic products. The company focuses on three core business segments, including intelligent terminals, semiconductor displays…
Visitors gather at Arrow’s booth during the spring edition of the Home China Expo in Shanghai on Sunday. CHINA DAILY Chinese home furnishings maker Arrow Home Group is accelerating its international expansion, betting on smart technology and localized innovation to capture growing demand in key global markets, including the United States and Europe, as well as…
An aerial drone photo shows US carmaker Tesla’s Megafactory in Shanghai, East China, Feb 8, 2025. [Photo/Xinhua] BEIJING — China will work to further stabilize foreign investment in 2025, implementing measures to open up more fields and improve the business environment, the Ministry of Commerce said on Thursday. To date, China has granted 13 foreign-invested…