GUANGZHOU — The 136th Canton Fair, officially known as the China Import and Export Fair, concluded on Monday in Guangzhou, South China, recording a historic high in terms of overseas buyer attendance, according to data from the organizers. As of Sunday, a total of 253,000 overseas buyers from 214 countries and regions had attended the…
A huge Bank of China poster decorates the entrance of the National Exhibition and Convention Center (Shanghai), the venue for the China International Import Expo. [Photo/China Daily] As the seventh China International Import Expo opens in Shanghai on Tuesday, Bank of China, which has been cooperating with the CIIE as its strategic partner for seven…
Employees from the State Grid Yangzhou Power Supply Company conduct gas replacement work at the Jianle Substation in Yangzhou, Jiangsu province. [Photo provided to China Daily] The first phase of an environmental gas replacement project for gas insulated switchgear at the 110-kilovolt Jianle Substation in Yangzhou, Jiangsu province, was completed on Saturday, marking the first…
BEIJING — China on Monday appealed to the World Trade Organization (WTO) against the EU’s final ruling of countervailing measures on Chinese electric vehicles (EVs), according to China’s commerce ministry. China firmly opposes the final measures of the EU to impose high countervailing duties on Chinese-made EVs, despite a barrage of objections raised by relevant…
The China-US Financial Working Group held its sixth meeting in Washington in October and exchanged views on the economic situation and financial policies, a move experts said has sent a signal of maintaining consistent bilateral financial cooperation amid lingering uncertainties. Financial regulators of the two sides had “professional, pragmatic, candid and constructive discussions” during the…
A woman browses dairy products at a supermarket in Shanghai, Sept 22, 2023. [Photo/VCG] China’s consumer confidence registered a recovery, while Generation Z buyers, aged 18 to 25, influenced a new shift in consumption trends, according to a report by McKinsey & Company on China’s 2024 consumer trends. According to the report, over two-thirds of…
Consumers dine at a Luckin Coffee store in Shenyang, Liaoning province, in August. [Photo provided to CHINA DAILY] Chinese coffee chain player Luckin Coffee is looking to expand in the United States and other overseas markets amid intensified domestic competition that is impacting same-store sales. Guo Jinyi, chairman and CEO of Luckin, said during an…
Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China’s Guizhou province. [Photo/Xinhua] China achieved a major milestone in renewable energy development with installations of wind and solar power generating units surpassing 1.2 billion kilowatts, six years ahead of schedule, said the National Energy Administration on Thursday. As…
ZELJKO STEVANIC/XINHUA LJUBLJANA, Slovenia — Blaz Stefe, CEO of the Chinese-Slovenian joint venture APG-Elaphe Propulsion Technologies, told Xinhua that his company will explore new possibilities for technological innovation and market expansion during the upcoming seventh China International Import Expo in Shanghai. Reflecting on his past eight years with the Hangzhou, Zhejiang province-based company, Stefe highlighted…
[Photo provided to chinadaily.com.cn] Jinjiang county, Fujian province, carries out co-innovation of the reduction of pollution and carbon emissions, to promote the green transformation of the industrial chain, supply chain, logistics chain and information chain, focusing on textile printing and dyeing industries with high energy and water consumption. Fynex Textile factory, located in the Jinjiang…