A view of Schaeffler’s booth at an exhibition in Shanghai in April. CHINA DAILY German auto parts provider Schaeffler is betting big on the Chinese market, with plans to double its business in the country over the next six to seven years, even with rising global trade uncertainties. Zhang Yilin, CEO of Schaeffler Greater China, said:…
An intelligent driver assistant system is demonstrated during an auto expo in Shanghai earlier this year. FANG ZHE/XINHUA Targeting long-standing issues such as high accident rates, China is accelerating the intelligent upgrade of its commercial vehicle sector by strengthening safety regulations and introducing new technical standards. In a move that underscores this shift, the Ministry…
CEO of the Expo Group Fabian Dajcaj (R) from Albania promotes food products at the 4th China-CEEC Expo & International Consumer Goods Fair in Ningbo, East China’s Zhejiang province, May 23, 2025. [Photo/Xinhua] The high-quality development of China’s economy and its high-standard opening-up will bring broad new trade and investment opportunities for countries around the…
Products on display in the digital and smart manufacturing zone at the fourth China-CEEC Expo in Ningbo, Zhejiang province. ZHANG WEI/CHINA DAILY Growing business engagement between China and Central and Eastern European countries (CEEC) will deliver long-term benefits for both sides, providing fresh momentum for multilateral cooperation, green growth and the Belt and Road Initiative…
Global business leaders have never been shy about ogling at China, exploring its market trends and strategizing for long-term growth. China’s increasingly open, innovative, and favorable business environment offers unprecedented opportunities for international enterprises. Pitching in with significant investments, foreign companies are casting a firm vote of confidence in the Chinese market. To invest in…
China has issued a guideline for stepping up financing support for micro and small enterprises, signaling the latest push for promoting a sector that is key to stabilizing employment and reviving the nation’s growth momentum. The document, jointly released on Wednesday by the National Financial Regulatory Administration and seven other central departments, details 23 measures,…
Shanghai Futures Exchange (SHFE) and its subsidiary Shanghai International Energy Exchange (INE) have become the first commodity exchanges in the Chinese mainland to join the United Nations Sustainable Stock Exchanges (UNSSE) Initiative, SHFE’s Chairman Tian Xiangyang announced during the 2025 Shanghai Derivatives Market Forum on Thursday. Launched in 2009, the UNSSE is jointly managed by…
A guest shakes hands with a humanoid robot at the ongoing fourth China-CEEC Expo in Ningbo, East China’s Zhejiang province. ZHANG WEI/CHINA DAILY Central and Eastern European countries’ expanding cooperation with China will further energize regional economic activity and deepen industrial integration in the coming years, said senior government officials on Thursday. Speaking at the…
China’s efforts to promote free trade and investment and contribute to stable supply chains will inject much-needed certainty and confidence into the global economy amid rising unilateralism and protectionism, senior officials and global executives said on Thursday. In particular, China’s fast-paced advancements in science and technology and its willingness to foster an open innovation ecosystem…
The shifting geopolitical landscape and the US tariffs uncertainty is prompting countries to explore new routes to external markets and reassess traditional logistical pathways, experts said at a forum on May 22. At an “AIFC Connect” event in Hong Kong aimed at strengthening business ties between Astana and Hong Kong, participants spoke of the potential…