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‘Forceful’ steps to aid growth target

Zhang Jun, chief economist at China Galaxy Securities. [Photo provided to chinadaily.com.cn] China’s economy is well-positioned to withstand the headwinds from the United States’ unwarranted tariff policy and maintain its 2025 growth momentum with targeted macro policy support, said a senior economist. Zhang Jun, chief economist at China Galaxy Securities, said he expects China’s economic…

Yunnan-ASEAN trade expands steadily

A China-Laos Railway cargo train being loaded at Wangjiaying West Station in Kunming, Yunnan province. HU CHAO/XINHUA Yunnan province has sustained strong foreign trade growth thanks in large part to deepening cooperation with member states of the Association of Southeast Asian Nations, a dynamic that underscores the strength of China-ASEAN economic ties despite mounting global…

4.26 million under temporary protection in March

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Themed Lilo & Stitch flight set for May 15 from Shanghai to Beijing

A Lilo & Stitch-themed flight, operated by China Eastern Airlines in collaboration with Walt Disney Studios, will depart from Shanghai Hongqiao International Airport for Beijing Capital International Airport on May 15. Tickets for the Disney hit animated film-themed flight began sales on May 9, according to the airline. Offering an immersive experience, the flight will…

An ‘oasis of certainty’ in a turbulent world

A view of cargo ships at Tianjin port in April. [Photo/Xinhua] BEIJING — In an increasingly unpredictable global environment, China is becoming an “oasis of certainty” as it continues to build up industrial strength and foster institutional opening-up, drawing influential foreign investors, from tech giants to automakers, into the world’s second-largest economy. Latest data from…

The New Trade Disorder: Blocs, Reactions, and a Shift That Won’t Go Away

In her brilliant FT piece, Welcome to the New Age of Geoeconomics, Gillian Tett captures the essence of today’s trade turmoil — a deep, enduring shift that won’t fade anytime soon. She even cites a former U.S. Treasury official now urging companies to appoint a ‘CGO’ — Chief Geopolitics Officer — to navigate the increasingly…

Baidu’s Apollo and CAR Inc to launch autonomous car rental service

Chinese tech heavyweight Baidu Inc’s autonomous driving unit Apollo, has inked a strategic partnership with leading domestic car rental service provider, CAR Inc, to launch an autonomous car rental service, the first of its kind in the country and beyond. The collaboration aims to accelerate the large-scale deployment of autonomous driving technology across a broader…

Immunity, height growth, brain development top concerns of parents, report reveals

Steve Darling, founder of Little Umbrella, addresses the audience at a business event in Auckland, New Zealand, on May 8, 2025. [Photo provided to chinadaily.com.cn] Little Umbrella, the New Zealand-based children’s nutrition food provider, in collaboration with Yicai Media Group, a Shanghai-based business news outlet, and JD Health, the healthcare arm of Chinese e-commerce group…

China reports current account surplus of $165.6 billion in Q1

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. [Photo/China Daily] BEIJING — China reported a current account surplus of $165.6 billion in the first quarter of 2025, according to data released Friday by the State Administration of Foreign Exchange. The surplus in goods trade reached…

Long road to go until AI passes its driving test, says Li Auto CEO

Li Auto showcases the L9 SUV at the 2025 Auto Shanghai on April 26. QIU DAOCEN/FOR CHINA DAILY The head of Chinese new energy vehicle maker Li Auto has urged the automotive industry to rethink how artificial intelligence is deployed, arguing that AI will only drive real meaningful progress once it becomes a capable productivity…