Business and government delegations from 18 countries gathered in Qingdao, Shandong province, for a commodity procurement matchmaking event held on Monday and Tuesday. Organizers said the event aims to help high-quality and distinctive products from other member countries of the Shanghai Cooperation Organization better access China’s vast domestic market, while building a trade and economic…
An image captures offshore drilling platforms in operation in the Bohai Sea in February. DU PENGHUI/XINHUA As global geopolitical instability intensifies and risks to critical energy shipping lanes escalate, China’s major national oil companies are implementing a multipronged strategy to safeguard the nation’s energy security. China National Petroleum Corp, the country’s largest oil and gas…
Exhibitors from green food and consumer goods sectors participate in matchmaking activities during a CIIE-related event in Hefei, Anhui province, on Tuesday. CHINA DAILY What began as a showcase for overseas brands entering China is increasingly turning into a launchpad for long-term investment, as multinational firms deepen their presence through a China International Import Expo…
ManageEngine, the enterprise IT management division of Singapore-based IT management solutions provider Zoho Corp, is ramping up investment in China as it bets on the country’s vast market potential, rapid technological advancement and improving business environment to drive its next growth phase, said its senior executives. Serving more than 90,000 organizations across over 190 countries,…
Tesla’s Supercharger stalls are seen at a service area in Chongqing in March. CHINA DAILY US-based electric vehicle maker Tesla has taken a significant leap forward in its China market strategy with the launch of 55 V4 Supercharger stations in a single deployment across major expressways in Southwest China’s Chongqing municipality. This initiative marks Tesla’s…
Sorona’s booth is seen during a textile expo in Shanghai. CHINA DAILY Rising oil prices are rippling through global textile supply chains, pushing up the cost of petroleum-based fibers and prompting manufacturers to accelerate a shift toward bio-based alternatives. Geopolitical tensions in the Middle East have fueled a rally in crude oil, lifting the prices…
From left to right: Yin Zheng, executive vice-president, China and East Asia operations, Schneider Electric; Zhang Wenjie, Citi country officer and banking head for China, president of Citibank (China); Lin Chunmei, president and general manager of Corning Greater China; Alan Li, president of CBRE China Editor’s Note: As China launches its 15th Five-Year Plan (2026-30), policymakers are strengthening coordination…
China’s largest State-owned commercial lenders are showing renewed resilience as they navigate domestic and external challenges, with the country’s “Big Four” banks keeping bad loans in check and strengthening buffers against rising risks in consumer and small-business lending. Their nonperforming loan ratios edged down at the end of 2025, reflecting a careful balancing act between…
Premier Li Qiang has called for efforts to implement a new energy security strategy, advance the construction of a new-type power grid, and accelerate the adjustment and optimization of the nation’s energy structure, in order to provide strong support for high-quality economic and social development. Li made the remarks during a field survey in Sichuan…
[PHOTO/CHINA BOUND] Spring whispers softly in Hangzhou, Zhejiang province. At dawn in Meijiawu village, tea farmers gently harvest fresh spring leaves amid rolling green terraces.… Read More »Tea garden in Meijiawu village, Hangzhou