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Sovereign wealth funds ramping up allocation to Chinese assets

Foreign financial institutions are showing growing confidence in China’s economic prospects by increasing their exposure to Chinese assets, as the country’s innovation-driven development and structural growth opportunities gain global recognition. The optimism is supported by China’s accommodative macroeconomic policies and its accelerating transformation in key sectors, such as advanced manufacturing, clean technology and digital innovation.…

China reports surge in foreign tourists as summer vacation begins

Foreign visitors take selfies at the Palace Museum in Beijing during the Dragon Boat Festival holiday on June 2. [Photo/VCG] BEIJING — China is experiencing a surge in foreign tourist arrivals as the summer vacation season kicks off, with increasing numbers of international travelers drawn to the country’s unique blend of ancient culture and modern…

China deepens standards cooperation

Altogether 146 foreign language versions of national standards were released earlier this week during the 2025 Qingdao Forum on International Standardization, marking a further step in the country’s efforts to deepen global standardization cooperation and international trade. The event was held in Qingdao, Shandong province. Internationally, standards serve as critical technical barometers for science, technology,…

Shipping industry advances green efforts

This aerial drone photo taken on May 28, 2025 shows a view of the Yangpu International Container Port in the Yangpu Economic Development Zone in Danzhou, South China’s Hainan province. [Photo/Xinhua] China is ramping up efforts to green its vast shipping industry, officials and experts said on Friday, as the country marked its 21st Maritime…

China’s foreign trade reaches record high in H1 2025 amid global headwinds

China’s foreign trade grew by 2.9 percent year-on-year to 21.79 trillion yuan ($3.04 trillion) in the first half of 2025, according to data released by the General Administration of Customs on Monday. Exports rose by 7.2 percent year-on-year to 13 trillion yuan between January and June, while imports declined by 2.7 percent over the same…

Push toward unified power market gathers steam

Technicians check a power supply facility in Chuzhou, Anhui province. SONG WEIXING/FOR CHINA DAILY China is making steady progress in its strategic goal of establishing a unified national electricity market by 2025, driven by an increasing reliance on market-based transactions for resource allocation, the China Electricity Council said. The development of a unified market has…

China’s openness creates opportunity for the globe

China’s high-quality development, underpinned by openness, innovation and inclusive growth, is bringing heightened certainty to a world grappling with mounting economic and geopolitical uncertainties, officials and experts said on Friday during the Global Civilizations Dialogue Ministerial Meeting in Beijing. They made the remarks at one of the parallel subforums of the two-day meeting, called “Inter-civilization…