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China’s PPI turns positive after 41 months of decline

A staff member performs grinding work at a machinery factory in Yangmiao town, Yangzhou city of East China’s Jiangsu province, Dec 29, 2025. [Photo/Xinhua] China’s factory-gate prices returned to growth in March after 41 months of decline, while consumer inflation remained mild, with rising oil prices linked to Middle East tensions beginning to feed through…

Economy, forex sector move to higher-level opening-up

A bank employee in Chongqing helps a client with his cross-border financial business. [Photo provided to CHINA DAILY] China is advancing high-standard opening-up, a move that is not only strengthening its own development momentum and resilience, but also injecting greater stability and certainty into the global economy, according to a signed article by Zhu Hexin,…

Nation expands pilot FTZ network to 23

China has expanded its pilot free trade zone network to 23 with the addition of a new one in the Inner Mongolia autonomous region, the latest move in the country’s sustained push for high-standard opening-up, officials and experts said on Friday. Yuan Xiaoming, assistant minister of commerce, said at a news conference that the policy…

China’s economy, forex administration advance toward higher-standard opening-up

China is advancing high-standard opening-up, a move that is not only strengthening its own development momentum and resilience, but also injecting greater stability and certainty into the global economy, according to a signed article by Zhu Hexin, deputy governor of the People’s Bank of China and administrator of the State Administration of Foreign Exchange. Writing…

Agreement signed to assist in elevating Shanghai’s intl shipping center

As many as 1.92 million passenger trips were served by China Eastern’s rail-air transit products last year, and more than 32,000 passenger trips were made via the highly improved, convenient, efficient, and comfortable service at the Shanghai Hongqiao Railway Station. [Photo provided to chinadaily.com.cn] A new cooperative agreement was inked between China Eastern Airlines Corp Ltd…

Hainan targets trade, talent openness in 15th Five-Year Plan

A drone photo taken on Feb 21, 2026 shows tourists taking yachts in Sanya, South China’s Hainan province. [Photo/Xinhua] Hainan province will focus on dismantling cross-border barriers to goods and capital flows and building itself into a more open hub for international talent during the 15th Five-Year Plan period (2026-30), which officials on Friday described…

China’s nuclear power industry comes closer to large-scale development

China’s nuclear power industry is entering a critical stage of large-scale development, with the number of operational units expected to reach 70 by the end of 2026, according to senior environmental and nuclear safety officials. Currently, China accounts for more than half of the nuclear power capacity under construction globally, cementing its position as a…

China strengthening science park cooperation with BRI countries

Lyu Xianzhi, director of the Torch High Technology Industry Development Center. [Photo provided to chinadaily.com.cn] China is intensifying efforts to deepen science park cooperation with countries and regions involved in the Belt and Road Initiative, as part of the country’s 15th Five-Year Plan (2026-30) to promote high-quality international cooperation on scientific and technological innovation. The…

Vale and Shandong Shipping ink deal on world’s first ethanol-powered vessels

Vale and Shandong Shipping Corporation have signed a Contract of Affreightment for new ethanol/methanol tri-fuel Guaibamax vessels, which are scheduled for delivery starting in 2029. It’s the first time in the maritime industry that ethanol will be used as the primary fuel on an ocean-going vessel. With the potential to reduce greenhouse gas emissions by…