An aerial view of Beijing Happy Valley.[Photo provided to chinadaily.com.cn] Beijing Happy Valley has officially opened the “Big Eye Beijing” Ferris wheel, a new landmark… Read More »Record-breaking Ferris wheel brings happiness to capital
As the global automotive industry transitions toward electrification, Bentley is taking a measured approach to ensure its brand identity remains intact while adapting to evolving market conditions. Kim Airey, managing director of Bentley Motors for the Chinese mainland, Hong Kong and Macao, said the ultra-luxury segment in China has experienced a cyclical slowdown, but emphasized…
An aerial drone photo taken on March 20, 2026 shows a container terminal of Taicang Port in East China’s Jiangsu province. [Photo/Xinhua] European politicians, think tanks and media have been ramping up the narrative of so-called “trade imbalance”, claiming that Chinese industrial subsidies, weak domestic demand and fierce domestic competition have created “overcapacity” and led…
The A-share market, despite facing temporary downward pressure due to last week’s sharp sell-offs in the global tech sector, still holds promise for a gradual bull run, experts said, citing broad-based earnings improvements and robust growth of China’s artificial intelligence industry. Due to pullbacks in sectors including energy metals, batteries and communications equipment, the benchmark…
Industrial robots assemble vehicles on the production line at an Audi FAW NEV plant in Changchun, Jilin province. CHINA DAILY The Audi A6L e-tron brings the long-running A6L family in China into the fully electric segment, extending a nameplate with roots in the country’s premium sedan market. The A6L e-tron is among Audi’s China-focused models…
People walk past the sign of the seventh Qingdao Multinationals Summit in Qingdao, East China’s Shandong province, on June 16. LI ZIHENG/XINHUA JINAN — Multinationals involved in the new energy vehicle sector highlighted the opportunities created by China’s booming NEV industry at the recent seventh Qingdao Multinationals Summit held in East China’s Shandong province. “China…
Illustration generated by AI Looking ahead to China’s economy in the second half, robust exports are expected to remain an important driver of economic growth, while domestic demand will generally remain stable. PPI inflation is expected to remain elevated, while CPI inflation is likely to stay moderate. As prices continue to recover, the full-year GDP…
China’s efforts to boost automotive aftermarket consumption are expected to unlock demand from vehicle owners and create new growth opportunities, as the country’s auto sector looks beyond new car sales to services throughout the vehicle ownership life cycle, industry experts said. The measures, released by the Ministry of Commerce and eight other government departments, cover…
An Argentinian fan holds up a Labubu doll during the 2026 FIFA World Cup Group J match between Argentina and Algeria at Kansas City Stadium in Missouri, the United States, on June 16. GETTY IMAGES BEIJING — While China’s football fans feel much disappointed that their national team isn’t at the 2026 FIFA World Cup,…
Tourists buy flowers at Dounan Flower Market during the May Day holiday in Kunming, Southwest China’s Yunnan province, May 5, 2026. [Photo/Xinhua] In December, the annual Central Economic Work Conference identified boosting consumption and expanding domestic demand across the board as a key priority for economic policy. The task is not merely a short-term response…