The logo of Industrial and Commercial Bank of China is seen at a branch in Beijing. [Photo/Agencies] China and Vietnam have signed an agreement on promoting cross-border QR code payments, according to the Industrial and Commercial Bank of China. ICBC has joined hands with China’s UnionPay International, National Payment Corporation of Vietnam and JSC Bank…
An aerial photo of the exterior of the 137th Canton Fair complex in Guangzhou, South China’s Guangdong province, on April 15, 2025. [Photo/VCG] The booming China Import and Export Fair or Canton Fair has demonstrated the resilience of Chinese foreign trade, Chinanews.com reported on Wednesday. A total of 64,530 overseas buyers attended on-site, marking an…
SenseTime, a Chinese AI company, presents an advertisement in an office tower in Shanghai’s Xuhui district. [Photo by Li Junfeng /chinadaily.com.cn] With the vision of integrating AI into everyday life, SenseTime unveiled its newly upgraded large model series SenseNova V6, on April 10, boasting China’s most advanced multimodal model with the lowest cost in the…
Containers from all over the world wait to be loaded or unloaded at Yangshan Port near Shanghai on April 24. [Photo by Zhu Xingxin/chinadaily.com.cn] Intermediate goods and industrial products account for the majority of 85 percent of all the goods exported from Shanghai, indicating that a large number of Shanghai-oriented exports are irreplaceable in the…
Jason Zhu, executive director and CEO of Henlius, addresses the 2025 Global R&D Day event held by the company in Shanghai on Tuesday. [Photo provided to chinadaily.com.cn] Hong Kong-listed Shanghai Henlius Biotech Inc, a subsidiary of Fosun Pharma, held its 2025 Global R&D Day with the theme of “collaborate to create” in Shanghai on Tuesday. …
File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s central bank has released a new guideline on the compliance of cross-border data flow in the financial sector to make the cross-border flow of financial data from Chinese and foreign financial institutions more efficient and standardized. The People’s Bank of…
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Chinese tech giant Tencent launched an ambitious suite of initiatives aimed at boosting domestic consumption and expanding jobs on Thursday, marking its largest-ever consumption subsidy and graduate recruitment drive. As part of its new trade initiative, Tencent introduced 10 support measures to help foreign trade companies tap into China’s domestic market, and estimated the plan…
Dongguan in South China’s Guangdong province is a busy port on the Pearl River. [Photo provided to China Daily] Guangdong province, China’s biggest foreign trader, purchased 798.15 billion yuan ($112.42 billion) worth of products from overseas nations and regions in the first quarter of the year. The figure witnessed a year-on-year growth of 9.3 percent,…
Taobao, China’s e-commerce platform. [Photo/VCG] Chinese e-commerce platform Taobao has surged to the top of Apple App Store’s free download charts in 16 countries as a large number of overseas consumers are flocking to the online marketplace to buy products directly from Chinese suppliers amid US tariff hikes. Data from third-party data analytics company showed that…