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CIIE backed by enhanced smart power supply support system

Jinbao, mascot of the China International Import Expo. [Photo/Xinhua] Based on the digital transformation achieved in the past few years, State Grid Shanghai has successfully completed upgrading its latest version of the smart power supply support system for the seventh China International Import Expo. According to the company, the system recognizes risks in real time,…

China leverages fiscal toolbox to consolidate economic growth

A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING – China has appropriately enhanced the intensity of the proactive fiscal policy so far this year, utilizing a combination of policy tools, including ultra-long special treasury bonds and tax and fee reductions to promote its sustained economic recovery. The…

China, EU technical teams hold five rounds of price negotiations related to tariffs

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] Technical teams from China and the European Union have conducted five rounds of consultations regarding the price commitment proposal in the EU’s anti-subsidy case on China-made electric vehicles, the Ministry of Commerce announced on Friday. These consultations were held in Beijing from…

Value of China’s State-owned assets stable in 2023

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] BEIJING – The value of China’s State-owned assets remained stable last year, official data showed Tuesday. The assets of State-owned enterprises (SOEs) totaled 371.9 trillion yuan ($52.37 trillion) at the end of 2023, according to a State Council report…

Chinese legislators approve increasing local govt debt quota

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] Chinese lawmakers have approved increasing 6 trillion yuan ($837.3 billion) in local government special debt quota to replace outstanding implicit debt on Friday, to be used in three years. At a news conference on Friday following the closing of the latest…

CIIE offering better market opportunities

Visitors check out medical products at Becton, Dickinson & Co’s booth during the seventh China International Import Expo in Shanghai. ZOU HONG/CHINA DAILY China remains an attractive market despite global economic uncertainties, a top executive participating in the ongoing seventh China International Import Expo in Shanghai said. The expo, which began Tuesday, will conclude on…

Novonesis capitalizes on China’s health market at CIIE

Jinbao, mascot of the China International Import Expo. [Photo/Xinhua] China’s growing emphasis on health and wellness, coupled with the rising purchasing power of its consumers, is creating significant opportunities for foreign companies to expand their presence in the world’s second-largest economy, said a senior executive during the China International Import Expo in Shanghai. “Human health…

China Energy Engineering Corporation’s contract value grows steadily at CIIE

An agreement signing ceremony between CEEC International and US firm GE Vernova was held on Nov 7 during the 7th China International Import Expo underway in Shanghai.[Photo provided to chinadaily.com.cn] China Energy Engineering Corporation Limited, or CEEC, has seen its contract value at the China International Import Expo increase for seven consecutive years, with the…

Global mining firms step up efforts to expand presence

Brazilian mining company Vale’s booth at the ongoing China International Import Expo in Shanghai on Thursday. [ZHANG WEI/CHINA DAILY] Global mining enterprises are stepping up efforts to expand their presence in China, attracted by the country’s vast market and recent moves toward broader economic opening, said company executives and industry experts. As China continues to…

Explore new styles for a better life at the 7th CIIE

Sportswear giant Lululemon offers athleisure outfits and a rest area for consumers to visit at the 7th China International Import Expo in Shanghai, on Nov 7, 2024. [Photo by Zou Hong/chinadaily.com.cn] From clothing to health care, the endless array of products are on display in the consumer goods exhibition area, covering all aspects of life,…