A conference to promote the cross-border use of the renminbi is held in Lusaka, Zambia, in September 2023. XINHUA Financial infrastructure in China should be further improved to facilitate the use of the renminbi in trade in services as certain services are playing a bigger role in China’s overall foreign trade, experts said on Tuesday.…
Voyah starts presales of the Courage electric SUV at the 2024 Chengdu auto show. [Photo by Cao Yingying/chinadaily.com.cn] Within 48 hours in late August, Dongfeng Motor’s Voyah started presales of two models, as a sign of the premium brand’s efforts to stay agile and competitive in China’s fast-evolving NEV sector. “This quick move was driven…
Apple Inc will be unlikely to end its support of the texting app WeChat on iPhone 16, and the two sides are expected to deepen cooperation instead, sources on Friday. They comments were made in response to the news that the upcoming iPhone 16 may not support WeChat. Several sources close to the matter confirmed…
In May 2024, the EU’s agri-food trade surplus stayed stable at €5 billion, slightly down from May 2023. Exports were €19.7 billion, with growth in… Read More »EU agri-food trade stays on course
China will launch an anti-dumping investigation into rapeseed imports from Canada in accordance with the relevant domestic laws, as well as the World Trade Organization rules, stated by the Ministry of Commerce on Tuesday. China will also initiate an anti-dumping investigation into specific Canadian chemical products, following requests from domestic industries, said the ministry in…
A view of the booth of Kuaishou Technology during an expo in Shanghai. [LONG WEI/FOR CHINA DAILY] Chinese video-sharing platform Kuaishou Technology is doubling down on artificial intelligence-powered video generation models and plans to provide more data traffic support for premium content creators. This is part of the company’s efforts to accelerate its monetization push…
Changqing oilfield, China’s largest oil-and-gas field, achieved a historic milestone recently by producing a cumulative total of 1 billion metric tons of oil and gas equivalent, according to PetroChina Changqing Oilfield Company. Last year, it became the first oilfield in China to pass the 60-million-ton mark in annual oil and gas output, a landmark in…
A worker operates a shoemaking production line in Wuchuan, Guangdong province.[Photo/China Daily] Plastic shoe manufacturers in Wuchuan, Guangdong province, are wasting no time in carrying out technological innovation and expanding investment in research and development while gearing up to expand production. The move aims to meet the growing demand in both domestic and overseas markets…
Key industries, including agriculture, infrastructure, mining, technology and automotive, are being re-imagined as Africa and China collaborate in a rapidly changing global economy. In a world that is seeing a significant shift in influence as new economic powerhouses emerge, this ushers in an exciting new era of opportunities. The table provides a summary of key…
“A Place Called Silence” is released on July 3, 2024. [Photo provided to chinadaily.com.cn] China’s summer film box office from June 1 to Aug 31 grossed 11.64 billion yuan ($1.63 billion) from 285 million admissions as audiences, particularly younger viewers, patronized a range of genres against the backdrop of a market slump. According to statistics…