When Xi Jinping took power in 2013, many expected China to become the EU’s top export market. But in a twist few would have predicted back then, 2025 will mark the Swiss Switch: EU exports to Switzerland are set to overtake those to China by 20%. The shift was already in motion after COVID, and…
In an interview with China Daily Website, Bostjan Demsar, general manager of Domel Electric Motors Suzhou, emphasizes China’s significance as a “very big, highly developed” market. With 20 years operating experience in Suzhou, the company thrives on localized production, sourcing majority of its suppliers from China. This fosters powerful collaborations, enabling Domel to serve diverse…
Driven by burgeoning inbound tourism and robust growth in the knowledge-intensive service sector, China’s trade in services registered swift expansion in the first four months of the year, underscoring the country’s efforts in fostering new growth drivers amid rising trade barriers, analysts said. Although uncertainties still cloud tariff negotiations with the United States, China is…
Jeff Dodds, chief executive officer for Formula E told China Daily in a recent exclusive interview that the championship’s ambition is to be the biggest racing event in the world and a lot of that ambition will be supported and realized by the growth in the Chinese EV market. Also, he revealed that China may…
Visitors take pictures of the BYD Yangwang U9 supercar at the Shenzhen auto show on May 31. [Photo provided to China Daily] Unlike the Shanghai auto show, which brims with numerous new car debuts, the Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen centers more on consumers, serving as a hub for enthusiasts…
China’s booming artificial intelligence sector is reshaping the country’s cybersecurity landscape with both unprecedented opportunities and complex risks, participants attending the 2025 Beijing Cyber Security Conference said on Thursday. To secure the country’s digital future, they called for tighter public-private coordination and a shift toward integrated, intelligent, and resilient defense systems. “Artificial intelligence is both…
A resident takes photos of a Labubu toy at the Taipa exhibition area of “POP MART MACAO CITYWALK” in South China’s Macao, June 6, 2025. The tourism office of China’s Macao Special Administrative Region (SAR) government, together with China’s trendy toy maker POP MART, on Friday launched “POP MART MACAO CITYWALK,” a cultural tourism initiative…
German adhesive solutions manufacturer tesa is doubling down on China’s booming energy storage sector. “The global energy storage sector is a super attractive market, which is very much driven by China. There’s plenty of opportunities to deal with…We will continue to invest in China,” said Stephen Hauber, president and regional manager of tesa Greater China. …
China has approved a number of export license applications for rare earth-related items amid surging overseas demand for medium and heavy rare earth elements used in the high-tech manufacturing sector, the Ministry of Commerce said in a recent statement. Trade analysts said this approach seeks to balance China’s resource security interests with its role as…
Technological companies from both home and abroad are set to showcase their latest innovation and offerings at the upcoming 11th China (Shanghai) International Technology Fair (CSITF), which will be held from June 11 to 13 in Shanghai, organizers said Thursday at a news conference. Hosted by the Shanghai Municipal Government, this year’s fair will gather…