A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] Facing headwinds from the United States’ sweeping tariffs, Chinese policymakers should take both short-term policy steps as well as long-term reform measures to expand domestic demand, tackle issues faced by enterprises and boost confidence among consumers and investors, economists from government-backed think tanks…
A robot operates equipment on the assembly line of an automaker in Xi’an, Shaanxi province. YUAN JINGZHI/FOR CHINA DAILY China is confident and capable of stabilizing its sprawling industrial economy, which will underpin the country’s high-quality growth and give stability to global supply chains amid rising external uncertainties and disruptions to world trade systems, officials…
In response to the global supply chain uncertainties, an index looking to support policy and enterprises’ judgement through quantitative tools was published by Fudan University’s global supply chains research center on April 14. Formally known as China’s Exports & Global Supply Chain Fluctuation Index, the index is published by Fudan Center for Global Supply Chains.…
The site in Toyohashi will focus on intelligent robotics applications, automated solution development, and technical services. [Photo provided to chinadaily.com.cn] Shanghai-based robotics company Jaka Robotics inaugurated a new site in Toyohashi, Aichi Prefecture, in Japan on Friday, strengthening its presence in the Asia-Pacific market. The site, spanning about 2,000 square meters in its first phase, will…
China and Malaysia issued a joint statement on Thursday and stated their support for Malaysian airlines to introduce and operate passenger aircraft developed by China, according to the statement. The aircraft refers to China’s domestically developed C909 regional aircraft and C919 single-aisle planes manufactured by Shanghai-based Commercial Aircraft Corp of China. The C909 aircraft has…
SGL’s booth at the seventh China International Import Expo in Shanghai in November. [Photo provided to chinadaily.com.cn] Scan Global Logistics (SGL), a Denmark-based logistics service provider, will open new service branches in several cities across China’s eastern and western regions, invest in warehousing operations, and expand its fleet of electric trucks over the next five…
China’s Ministry of Industry and Information Technology and the Ministry of Finance have jointly established a 60 billion yuan ($8.2 billion) national artificial intelligence fund to fast-track strategic investments in AI infrastructure and cutting-edge technologies, a senior official said on Friday. The move underscores China’s push to solidify its global leadership in AI amid intensifying…
The third Vibrating Machinery Industry Expo of Zhongyuan Agricultural Valley is opened in Xinxiang, Henan province on April 16. [Photo provided to chinadaily.com.cn] With the theme of “Creating a New Ecology of Vibration Technology, Witnessing a New Future of Intelligent Manufacturing in Henan,” the third Vibrating Machinery Industry Expo of Zhongyuan Agricultural Valley was launched…
Qingdao, a coastal city in Shandong province, recently introduced 12 measures to optimize its population structure and boost the property market, focusing on supporting families with multiple children and young graduates, according to a news conference held in the city on Wednesday. Under the new policy, families with two children will receive a one-time subsidy…
Two State Grid technicians check power transmission facilities in Chuzhou, Anhui province. [Photo by Song Weixing/For China Daily] BEIJING – China’s electricity consumption, a key barometer of economic activity, reported steady expansion in the first quarter of 2025, official data showed on Friday. Power use rose 2.5 percent year-on-year in the period to hit 2.38…