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A solid performance: Jiangxi’s trade with BRI partner countries hits 265.82 billion yuan in 2025

Ganzhou International Inland Port [Photo provided to chinadaily.com.cn] Jiangxi’s imports and exports with countries participating in the Belt and Road Initiative (BRI) reached 265.82 billion yuan ($38.92 billion) in 2025, representing a year-on-year increase of 13.9 percent and accounting for 55.1 percent of the province’s total foreign trade volume over the same period. The once-landlocked…

Volant Aerotech eyes crucial certification after successful round of funding

Volant Aerotech, a Shanghai-based electric air taxi maker, announced on Monday that it closed a $300 million Series C funding round. [Photo provided to chinadaily.com.cn] Volant Aerotech, a Shanghai-based electric air taxi maker, announced on Monday that it closed a $300 million Series C funding round. This round was led by Stone Venture, headquartered in Dubai,…

Guangdong puts Greater Bay Area at heart of 15th Five-Year Plan

Construction of the Guangdong-Hong Kong-Macao Greater Bay Area is among the top priorities for the economic and social development of Guangdong province during the 15th Five-Year Plan period (2026-30), according to a newly announced plan. Released by local authorities on Tuesday, the plan sets out 22 indicators across economic development, innovation-driven growth, people’s well-being, urban…

Industrial manufacturing sees major gains in Q1

Profits at China’s major industrial firms maintained solid growth in the first quarter despite a complex economic environment, with equipment manufacturing and high-tech sectors reporting strong gains, official data showed on Monday. Industrial enterprises with an annual main business revenue of at least 20 million yuan ($2.82 million) saw their total profits rise 15.5 percent…

China’s wholesale, retail sectors log steady growth in Q1

BEIJING — China’s wholesale and retail sectors posted steady growth in the first quarter of 2026, providing solid support for building a strong domestic market, the Ministry of Commerce said Monday. From January to March, the added value of China’s wholesale and retail trade grew 4.1 percent year-on-year to 3.5 trillion yuan (about $510.4 billion),…

Chinese netizens cause apology by French fashion label

A wave of criticism from Chinese online users has pushed French fashion label Lemaire to issue a public apology, after a fragrance campaign was widely condemned as culturally insensitive. The controversy centers on visuals promoting Lemaire’s “Objets Senteur” collection, a line of home fragrance objects. Campaign images featuring braided forms paired with long garments and…

Labubu fridge resale prices nearly double ahead of launch

Resale listings for a Labubu-themed refrigerator have surged to nearly double its retail price days before its official debut. On secondary online marketplace Xianyu, some early listings for the limited-edition fridge have climbed to nearly 10,000 yuan ($1,465), up from the official retail price of 5,999 yuan. Chinese collectibles giant Pop Mart announced on April…