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Nissan taps China as global growth engine

Ivan Espinosa, CEO of Nissan Motor, delivers a speech at Auto China 2026 in Beijing on Friday. [Photo provided to chinadaily.com.cn] The Chinese market has become the growth engine of Nissan Motor’s global strategy, CEO Ivan Espinosa said at the Auto China show, adding that the country enhances Nissan’s overseas competitiveness via exported cars, know-how…

Infrastructure investment surges in Q1

A technician monitors the operation of unmanned road rollers for a highway construction project in Mianyang, Sichuan province. XINHUA A sharp acceleration in infrastructure spending has emerged as a key pillar of China’s investment stabilization drive, offsetting a persistent decline in the property sector and helping overall investment return to positive growth in the first…

Honor launches tablet supporting OpenClaw-like AI agents

Honor launches its latest tablet. [Photo provided to chinadaily.com.cn] Chinese tech company Honor Device Co Ltd has unveiled what it called the world’s thinnest flagship tablet with tailored support for running AI agents like OpenClaw. The launch comes amid soaring demand for computational power. According to the latest data from the National Data Bureau, China’s average…

Chinese refining firm criticizes US sanctions

Chinese private refining giant Hengli Group has strongly condemned recent United States sanctions imposed on one of its wholly-owned subsidiaries, dismissing US allegations of ties to Iran as “groundless”, and lacking both factual and legal basis. The US Department of the Treasury’s Office of Foreign Assets Control, or OFAC, placed Hengli Petrochemical (Dalian) Refining Co…

Departure tax refund service marks one-year milestone

A view of a duty-free shop in Beijing Capital International Airport. CHINA DAILY The nationwide rollout of China’s departure tax refund service, which smoothly reached its one-year mark this month, has effectively stimulated inbound travel and increased consumption vitality, experts said. The policy governing the service aims to further enhance the convenience of departure tax…

Rebound seen in consumption sector

A saleswoman (left) addresses consumer queries on a washing machine at a home appliance mall in Leshan, Sichuan province, on Friday. LI HUASHI/FOR CHINA DAILY China’s consumption sector posted a mild rebound in the first quarter, but a slowdown in March pointed to a fragile recovery as the impetus from an extended Spring Festival holiday…

World’s first 10,000-vehicle carrier delivered in Guangzhou

The world’s first pure car truck carrier (PCTC) with a capacity of more than 10,000 vehicles is delivered in Guangzhou, Guangdong province, on Tuesday. [Photo provided to chinadaily.com.cn] The world’s first pure car truck carrier (PCTC) with a capacity exceeding 10,000 vehicles was delivered after a naming ceremony in Guangzhou’s Nansha district on Tuesday, setting…

Samsung to exit China home appliance sales amid shrinking market share

Samsung Electronics is planning to withdraw from China’s home appliance and television sales market, in a move that reflects intensifying competition and the growing dominance of domestic brands. According to a report by Nikkei, the South Korean tech giant is expected to make a final decision as early as the end of April to stop…

Samsung to exit China home appliance sales amid shrinking market share

Samsung Electronics is planning to withdraw from China’s home appliance and television sales market, in a move that reflects intensifying competition and the growing dominance of domestic brands. According to a report by Nikkei, the South Korean tech giant is expected to make a final decision as early as the end of April to stop…

GWM takes long-term approach to overseas expansion

Great Wall Motor CTO Wu Huixiao answers questions at the Beijing auto show on April 24, 2026. [Photo provided to chinadaily.com.cn] Great Wall Motor says its global expansion is moving beyond product exports toward a deeper push into technology localization and ecosystem building, as Chinese automakers accelerate overseas growth amid rising competition. Speaking at the…