Diplomats, scholars and corporate decision-makers gathered in Beijing on Thursday to chart a path toward more resilient global supply chains amid mounting geopolitical headwinds and trade fragmentation. The 15th CCG VIP Luncheon, hosted by the Center for China and Globalization — a leading Beijing-based think tank, offered a platform for dialogue on strengthening supply chains…
The launch of an independent customs operation in the Hainan Free Trade Port by the end of this year will substantially reduce business costs, stimulate market vitality and boost free trade at the port, senior government officials said on Wednesday. They also said the move will introduce comprehensive trade and tax liberalization measures aimed at…
Zhao Houlin, former secretary-general of the International Telecommunication Union, told China Daily Website that fragmentation, digital divide and geopolitical issues remain challenges in cyberspace, and it’s vital to build an open and inclusive platform. He noted that while countries differ in conditions, they share same development goals. China can share its development experiences with other…
Shanghai’s GDP grew 5.1 percent year-on-year to top 2.6 trillion yuan ($360 billion) in the first half of this year, the municipal statistics bureau announced on Friday. The third industry showed a robust 5.4 percent year-on-year increase to see its added value approaching 2.1 trillion yuan ($29.29 billion) in the first six months of the…
Joseph Cherian, CEO, president, dean and distinguished professor of the Asia School of Business expressed during a recent interview that US tariffs on Chinese goods are unwise, and ultimately raise the cost of these goods for American consumers. “They are the two biggest economies in the world, and the rest of the world and the…
China’s pharmaceutical industry is undergoing a notable transformation, as a growing number of domestic biotech firms extend their reach into global markets. From pioneering international clinical trials to exploring new cross-border partnership models, Chinese companies are accelerating their presence in the global healthcare ecosystem. A recent example is a lung cancer drug, sunvozertinib, developed by…
Employees of China Railway No 4 Engineering Group work on the Pingxiang East railway station in the Guangxi Zhuang autonomous region on Thursday. LU YONGLONG/FOR CHINA DAILY Qin Fenghua, a native of the Guangxi Zhuang autonomous region, was jubilant to know that a new high-speed railway linking regional capital Nanning and Pingxiang, which borders Vietnam,…
Rice ears thrive at the modern agriculture demonstration zone at No 856 Company of Beidahuang Group, a large State-owned enterprise in Heilongjiang province. [Photo by Fu Rundian/For chinadaily.com.cn] BEIJING — The People’s Bank of China, China’s central bank, and the Ministry of Agriculture and Rural Affairs has jointly issued a guideline on promoting all-around rural…
The State Administration for Market Regulation announced on Tuesday that it has suspended the antitrust investigation procedures against DuPont China Group Ltd. The administration, China’s top market regulator, on April 4 launched an investigation into DuPont China Group, a subsidiary of the US firm DuPont, for suspected monopolistic practices in violation of China’s Anti-Monopoly Law.…
How did Qinghai province transform a near-barren wasteland — once 98.5 percent desertified — into the world’s largest photovoltaic power project, let’s take a look at how the development of the photovoltaic industry in Qinghai is benefiting local herdsmen! Tanks to chinadaily.com.cn Please visit: Our Sponsor