A wave of renewed activity is sweeping through China’s property market, led by a recent surge in secondhand home sales in major cities such as Beijing and Shanghai — a sign that homebuyer confidence is gradually returning after a multiyear downturn, analysts said. In the near term, analysts expect the divergence to persist — prime…
China’s rising role in global innovation is increasingly reflected in the evolution of international patent ecosystems, with more technologies originating from the country and gaining global traction, said an executive. “We have seen a development where more and more innovations are basically made in China,” said Kasim Alfalahi, founder and CEO of Avanci, a United…
[PHOTO/CHINA BOUND] In the gentle spring light, Qinghui Garden in Foshan, Guangdong, reveals the poetic charm of Lingnan gardens. Curved eaves frame fresh green trees,… Read More »Qinghui Garden, Foshan, Guangdong – Chinadaily.com.cn
A cargo vessel seen loading in Qingdao Port, Shandong province. YU FANGPING/FOR CHINA DAILY China’s economy delivered a stronger-than-expected start to the year, with first-quarter data highlighting its resilience in the face of mounting uncertainties in global trade and geopolitics, experts said. Jeremy Zook, lead analyst for China at Fitch Ratings, noted that the economy…
China’s improving innovation ecosystem, its vast market and more predictable policy environment are encouraging multinational companies to scale up investment and operations, cementing the country’s role as a hub for advanced industries and global trade, said market observers and business executives. They added that China’s integrated industrial supply chains, ongoing industrial upgrading, stable market environment,…
An aerial drone photo taken on Jan 7, 2025 shows an offshore wind farm in the waters of Laizhou city, East China’s Shandong province. [Photo/Xinhua] China’s installed power generation capacity had reached 3.96 billion kilowatts by the end of March, up 15.5 percent year-on-year, with solar and wind leading the growth, official data showed Thursday.…
BEIJING — The US move to refund certain tariffs is a helpful step on the path to correcting its mistakes, the Ministry of Commerce said on Thursday. Spokesperson He Yongqian made the remarks at a regular press briefing in response to a question about US Customs and Border Protection initiating tariff refunds on April 20.…
Yu Chengdong, Huawei’s executive director and chairman of its terminal business group, unveiled Shangjie’s new models. [Photo provided to chinadaily.com.cn] Huawei announced on Wednesday that its smart car ecosystem Harmony Intelligent Mobility Alliance has made cumulative deliveries exceeding 1.35 million units. Huawei is partnering with carmakers to unveil new models under the Aito, Luxeed, Stelato,…
Xiong’an Customs officers inspect imported medical equipment at Xiong’an Xuanwu Hospital. [Photo provided to chinadaily.com.cn] Foreign trade in Xiong’an New Area in North China’s Hebei province surged 17.6 times year-on-year to 20.55 billion yuan ($3 billion) in the first quarter of this year, driven by tailored customs services and faster clearance, local customs said on…
Visitors explore Covestro’s booth during the 38th International Exhibition on Plastics and Rubber Industries, also known as CHINAPLAS 2026, running from April 21 to 24 in Shanghai. [Photo provided to chinadaily.com.cn] German chemical manufacturer Covestro AG is forming alliances with Chinese partners in emerging fields such as robotics and flying cars, as China’s ascent on…