Current trade turmoil could severely damage China’s economy. For years, China’s leadership has responded with little more than political buzzwords in defense of multilateralism. Even as global decoupling pressures grew, Xi’s China chose deferral over reform — year after year.Trade-wise, despite mounting tensions, China’s posture toward the U.S. and EU has barely shifted throughout Xi’s…
View of the French oil giant company TotalEnergie headquarters, March 21, 2025 in La Defense business district outside Paris. [Photo/VCG] China’s innovation capabilities in green technology are key to achieving an affordable, low-carbon economy and green energy transition, said Patrick Pouyanne, chairman and CEO of TotalEnergies, adding that the US retreat from globalization presents a…
Vessels under construction at a shipyard in Rongcheng, East China’s Shandong province. [Photo by Li Xinjun/For China Daily] Approximately 70 percent of surveyed CEOs disapprove of the United States’ tariff policies, according to a report titled, “Nearly 70 percent of CEOs disapprove of Trump’s tariffs: Survey”, published by The Hill on Saturday. About 67 percent…
China is set to enforce the world’s first mandatory safety regulations for new energy vehicle batteries that explicitly prohibit fire and explosion — a landmark move to address public concerns and solidify its position as a global NEV pioneer. Issued by the Ministry of Industry and Information Technology last week and effective from July 1,…
Leading Spanish feed flavoring firm Lucta Group’s Zhaoqing factory holds its opening ceremony in Zhaoqing, Guangdong province, in November. XINHUA GUANGZHOU — Earlier this year, Spanish tech company Denodo Technologies held its annual meeting in China for the first time, gathering over 700 employees from around the world in Guangzhou, capital of South China’s Guangdong province,…
An aerial drone photo shows the Qingdao Port in East China’s Shandong province, Feb 11, 2024. [Photo/Xinhua] As the United States “walks away from its responsibility as a major power to advance open global trade” by engaging in a tariff war, China is doubling down on its efforts to boost globalization and free trade by…
This photo shows a passenger-carrying drone at the booth of EHang at the 5th China International Consumer Products Expo in Haikou, South China’s Hainan province, April 14, 2025. [Photo/Xinhua] HAIKOU – The futuristic vision of gliding above traffic in an autonomous “flying taxi” is fast becoming a reality, thanks to the rise of low-altitude economy…
The Shangjie brand is launched in Shanghai on April 16. [Photo provided to China Daily] Like it or not, Huawei has become the company that no carmaker can afford to avoid, as car buyers are growing fond of smart electric vehicles. Last week, the Shenzhen, Guangdong province-based technology giant unveiled a new marque with SAIC,…
The TikTok Shop logo is seen displayed on a smartphone screen in this photo illustration. [Photo/VCG] Chinese e-commerce platforms are speeding up their push into Southeast Asia to cultivate new customers and rev up sales, as cross-border online marketplaces have become an important new driving force for bolstering the growth of China’s foreign trade amid…
A container with the words “from Chancay to Shanghai” printed on it is pictured at Yangshan Port, East China’s Shanghai, Dec 18, 2024. [Photo/Xinhua] As the global economic and trade landscape continues to evolve, Chinese manufacturing enterprises should step up efforts to adjust production capacities globally, expand presence in emerging markets and bolster technological advancements,…