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China steps up export controls on strategic minerals

China will implement the full-chain management of strategic minerals to ensure effective enforcement of control measures, and safeguard national security and development interests, said a spokesperson from the Ministry of Commerce. The official’s remarks came after the government announced earlier this week that it would tighten export controls on strategic minerals, with a focus on…

Gan & Lee Pharmaceuticals signed a cooperation commitment letter for the PDP project with Brazil’s Ministry of Health

Du Kai (left), CEO of Gan & Lee Pharmaceuticals, Alexandre Padilha (middle), Brazil’s Minister of Health, and Heraldo Marchezini (right), CEO of Biomm, jointly signed the cooperation commitment letter for the PDP project in Beijing on May 12, 2025. [Photo provided to chinadaily.com.cn] Chinese biopharmaceutical enterprise Gan & Lee Pharmaceuticals has signed a cooperation commitment…

People in the EU worked on average 36 hours per week

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US move to curb Chinese tech ‘doomed to fail’, experts say

Washington’s latest attempt to ban the use of Huawei Technologies Co’s Ascend artificial intelligence chips “anywhere in the world” is an unprecedented government-initiated crack-down on a Chinese private company, experts said. The comments came after the US Commerce Department issued a guidance on Tuesday stating that the use of Huawei chips “anywhere in the world”…

China and Mongolia begin work on a new cross-border railway

China and Mongolia started building a new cross-border railway on Wednesday, which is seen as a major route for energy cooperation between the two countries. China’s section is being built by China Energy Investment Corp (CHN Energy), the country’s largest coal-fired power generator by capacity. It is planned to be finished and open by 2027.…

New rules set to guide auxiliary power services

Technicians check power storage equipment at a power station in Rongcheng, Shandong province, on April 28. LI XINJUN/FOR CHINA DAILY China has released new rules to guide more auxiliary electricity services into the market to ensure a steady power system, which industry experts believe will create significant opportunities for new energy technologies like energy storage, virtual…

Forum promotes more Sino-Saudi agri cooperation

China and Saudi Arabia are deepening cooperation in agriculture and sustainable development, with more than 600 representatives from government and industry attending the China (Beijing)-Saudi Arabia Forum on Agricultural Industry and Sustainable Development in Beijing on Tuesday. At the forum, more than 70 cooperation agreements were signed between Chinese and Saudi enterprises and institutions, with…

Latin America biz report highlights potential

A new report assessing the investment environment of countries in Latin America has been released, providing support for Chinese enterprises to go global and help promote high-quality bilateral development. Latin America has abundant natural resources, vast market capacity and diverse social structure, which boasts significant development potential in the medium and long-term, said the report…

Businesses upbeat over Sino-US tariff respite

This photo taken on April 30, 2025 shows trucks at a cargo dock of Qingdao Port in Qingdao, East China’s Shandong province. [Photo/Xinhua] Business groups and economists have welcomed the tariff adjustment measures announced by China and the United States on Monday, expressing the hope that the 90-day triple-digit tariff respite will allow both countries…

Trade in agricultural products: €39.2 billion surplus

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