Staff member processes copper rods at a workshop in Huaian, East China’s Jiangsu province, on Jan 19, 2026. [Photo/Xinhua] China’s economic growth accelerated to 5 percent year-on-year in the first quarter of 2026, the National Bureau of Statistics said on Thursday, posting a resilient expansion despite mounting uncertainties. The growth marks an increase from the…
Two large State-owned commercial banks in China have announced the rollout of their own versions of OpenClaw, signaling growing interest in artificial intelligence across the sector. The push, however, is not without some hesitation. Analysts said that as highly regulated and risk-averse institutions, lenders cannot directly deploy open-source AI agents. Instead, they must rely on…
A dancer welcomes visitors with a traditional performance at Urumqi Tianshan International Airport in the Xinjiang Uygur autonomous region, on April 11, 2026. [Photo/VCG] Efforts by the Xinjiang Uygur autonomous region to build itself into a global tourist destination have borne fruit, evidenced by a steady growth in its inbound tourism market. From January to…
The booth of Shiseido during an expo in Shanghai. CHINA DAILY Japanese beauty and cosmetics brand Shiseido is optimistic about China and is seeing new growth points in the country, its top China executive said, while assuring that the company would continue to invest in the domestic market. “China is no longer following the trend.…
A drone photo taken on Dec 14, 2025 shows a cargo train bound for Southwest China’s Sichuan province, departing from China-Laos Railway’s Vientiane South Station in Vientiane, Laos. [Photo/Xinhua] China’s cross-border e-commerce retailers can now return exported goods through any customs port nationwide, rather than shipping them back to the original departure point, a policy…
Visitors watch a movie wearing AI glasses at the China International Consumer Products Expo in Haikou, Hainan province. YANG YURAN/CHINA NEWS SERVICE As China pushes to integrate artificial intelligence more deeply into consumer markets and the real economy, Alibaba Group’s domestic e-commerce arm is using the China International Consumer Products Expo to showcase how AI…
A Lululemon store in Huairou district of Beijing, on April 15, 2026. [Photo/VCG] Lululemon Athletica Inc claimed its products currently sold in China do not contain per — and polyfluoroalkyl substances (PFAS), amid concerns following a US investigation into the potential presence of toxic chemicals in the leisure wear maker’s apparel. Texas Attorney General Ken…
A manager (left) from China Construction Bank visits a manufacturing client to inspect the use of credit funds and learn about the company’s operations in Nantong, Jiangsu province. XU JINGBAI/FOR CHINA DAILY Navigating a complex macroeconomic landscape, China’s listed banks are channeling more credit into industries of the future, while shifting their lending focus toward…
China has significantly raised the cap on overseas lending by foreign-funded banks operating domestically, in a move to deepen capital account opening-up and better support Chinese companies’ global expansion. The adjustment was announced on Wednesday by the People’s Bank of China, the country’s central bank, and the State Administration of Foreign Exchange. Under the new…
The China Import and Export Fair, commonly known as the Canton Fair, kicked off its 139th session in Guangzhou, the capital of Guangdong province, on Wednesday. [Photo provided to chinadaily.com.cn] The China Import and Export Fair, commonly known as the Canton Fair, kicked off its 139th session in Guangzhou, the capital of Guangdong province, on…