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Future sectors to receive more play

China will ramp up efforts to bolster the development of future-oriented industries such as humanoid robots, the metaverse and brain-computer interface, in order to foster new growth drivers, while accelerating the application of artificial intelligence in manufacturing as well as other key industries, according to the country’s top industry regulator. More efforts should be made…

Apple broadening ties with local suppliers to drive innovative solutions

The booth of Apple Inc at the third China International Supply Chain Expo, which opened in Beijing on Wednesday. WANG JING/CHINA DAILY Apple Inc will continue to invest in China and collaborate closely with local suppliers to drive innovative solutions, as the US-based iPhone maker deepens its foothold in the world’s second-largest consumer market, senior executives…

China urges US to remove more trade restrictions following Nvidia chip nod

BEIJING — China believes that the United States should abandon zero-sum thinking and continue to remove a series of unreasonable economic and trade restriction measures against China, the Ministry of Commerce said Friday. China has noted that the United States has recently taken the initiative to announce the approval of Nvidia’s H20 chip sales to…

Guangdong’s foreign trade hits $633.9b in first two quarters

Guangdong’s effort to diversify its global market has achieved results, as the province recorded a total foreign trade volume of more than 4.55 trillion yuan ($633.9 billion) in the first half of the year, a year-on-year growth of 4 percent, said the Guangdong customs authorities during a news conference in Guangzhou on Friday. Guangdong’s trading…

Shanghai to launch new round of consumer vouchers worth $70m

Shanghai will launch a new round of consumer vouchers worth 500 million yuan ($69.6 million) in the second half of 2025 to boost spending across dining, tourism, entertainment, culture, and sports sectors, local authorities announced Friday. The enhanced voucher program introduces several improvements, including the debut of cultural vouchers accessible to nationwide consumers and the…

China’s outbound investment growth averages over 5% from 2021-2024

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China’s trade-in programs boost consumption: minister

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested…

Cooperation should replace zero-sum mentality: ministry

China has called on the United States to abandon its “zero-sum mentality” and further remove a series of unreasonable trade restrictions targeting Chinese companies, the Ministry of Commerce said on Friday. The spokesperson made the comments in response to reports that the US approved Nvidia’s H20 sales to China because Huawei can already make equivalent…

China’s domestic biotech industry is becoming a global force

China’s domestic biotech industry is entering a new phase of international influence, as homegrown innovative drugs increasingly meet global clinical demand. One recent example is Dizal Pharma, a Wuxi-based biotech firm that has emerged as a model for China’s evolving pharmaceutical ambitions. On July 10, Dizal’s lung cancer drug, sunvozertinib, was officially included in the…