The 5th China International Consumer Products Expo takes place on Sunday in Haikou, Hainan province. [By LI TIANPING/for chinadaily.com.cn] HAIKOU – Driven by booming tourism, innovative policies and robust retail growth, China’s island province of Hainan is rapidly becoming a vital domestic and international consumption destination, said a white paper released during the ongoing 5th…
Technicians from China Mobile check a 5G base station in Tongling, Anhui province. [Photo by Guo Shining/For China Daily] BEIJING – The number of 5G base stations in China has topped over 4.39 million by the end of March, with the user penetration rate reaching 75.9 percent, the Ministry of Industry and Information Technology (MIIT)…
BEIJING – China COSCO Shipping Corp Ltd said on Monday that it firmly opposes the US accusations and its subsequent measures on China’s maritime, logistics and shipbuilding sectors. The US move is discriminatory and based on erroneous facts, the company said in a statement. The statement was in response to the restrictive measures imposed by…
[Photo provided to chinadaily.com.cn] Founded in February 2024, the Shanghai Eastern Hub International Business Cooperation Zone (IBCZ) will start operation in Pudong New Area this year, aiming to become a pacesetter for China’s high-level opening-up. The zone will serve as a platform linking global resources and fostering win-win collaboration, injecting “Chinese momentum” into global economic…
Current trade turmoil could severely damage China’s economy. For years, China’s leadership has responded with little more than political buzzwords in defense of multilateralism. Even as global decoupling pressures grew, Xi’s China chose deferral over reform — year after year.Trade-wise, despite mounting tensions, China’s posture toward the U.S. and EU has barely shifted throughout Xi’s…
View of the French oil giant company TotalEnergie headquarters, March 21, 2025 in La Defense business district outside Paris. [Photo/VCG] China’s innovation capabilities in green technology are key to achieving an affordable, low-carbon economy and green energy transition, said Patrick Pouyanne, chairman and CEO of TotalEnergies, adding that the US retreat from globalization presents a…
Vessels under construction at a shipyard in Rongcheng, East China’s Shandong province. [Photo by Li Xinjun/For China Daily] Approximately 70 percent of surveyed CEOs disapprove of the United States’ tariff policies, according to a report titled, “Nearly 70 percent of CEOs disapprove of Trump’s tariffs: Survey”, published by The Hill on Saturday. About 67 percent…
China is set to enforce the world’s first mandatory safety regulations for new energy vehicle batteries that explicitly prohibit fire and explosion — a landmark move to address public concerns and solidify its position as a global NEV pioneer. Issued by the Ministry of Industry and Information Technology last week and effective from July 1,…
Leading Spanish feed flavoring firm Lucta Group’s Zhaoqing factory holds its opening ceremony in Zhaoqing, Guangdong province, in November. XINHUA GUANGZHOU — Earlier this year, Spanish tech company Denodo Technologies held its annual meeting in China for the first time, gathering over 700 employees from around the world in Guangzhou, capital of South China’s Guangdong province,…
An aerial drone photo shows the Qingdao Port in East China’s Shandong province, Feb 11, 2024. [Photo/Xinhua] As the United States “walks away from its responsibility as a major power to advance open global trade” by engaging in a tariff war, China is doubling down on its efforts to boost globalization and free trade by…