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Ningxia wines set to boost outreach

A farmer harvests wine grapes at Minning town, Yongning county in Yinchuan, Northwest China’s Ningxia Hui autonomous region, Oct 14, 2025. [Photo/Xinhua] At the ongoing 114th China Food and Drinks Fair in Chengdu, Sichuan province, a matchmaking salon was held on Tuesday to promote wine from the Ningxia Hui autonomous region to markets in Southeast…

US pharma company expands partnerships in China

As China accelerates the development of new quality productive forces and advances high-level opening-up, the country continues to create a favorable environment for innovation and international cooperation. In an exclusive interview with China Daily on the sidelines of the China Development Forum 2026, Jérôme Bouyer, senior vice-president of US pharmaceutical company AbbVie and president of…

Greater global role for RMB seen as key

Amid mounting strains on the US dollar-dominated global monetary system, renminbi internationalization is emerging as an increasingly important trend — one expected to underpin China’s high-quality development while contributing to global financial stability and development, experts and business executives said on Monday. Zhu Min, former deputy managing director of the International Monetary Fund, said promoting…

China’s industrial profits accelerate at start of 2026

China’s industrial profits grew at a faster pace in the opening months of the year, official data showed on Friday, as enterprises navigate a more favorable environment created by new government macroeconomic policies. China’s industrial enterprises with an annual revenue of at least 20 million yuan ($2.89 million) saw their total profits jumped 15.2 percent…

More Chinese automakers hit top global sales ranks

Chinese automakers have overtaken Japanese peers in global sales for the first time in decades. The companies sold about 27 million new vehicles worldwide last year, up around 10 percent year-on-year, according to a recent news report by Nikkei, citing data from Japanese market research firm MarkLines. In comparison, Japanese automakers saw a slight decline,…

Hudong-Zhonghua sees high-end shipbuilding as growth anchor

An image captures a vessel being built at a shipyard of Hudong-Zhonghua Shipbuilding (Group) Co Ltd in Shanghai. SHEN CHUNCHEN/FOR CHINA DAILY Hudong-Zhonghua Shipbuilding (Group) Co Ltd, boasting the largest amount of liquefied natural gas carrier orders in terms of capacity among global shipyards, seeks to further consolidate its strength through doubling capacity and stable…

MNCs leveraging China’s development trajectory

From left to right: Cui Jingyi, vice-president of Aveva and head of Aveva China; Zhang Ying, managing director of Dassault Systemes Greater China; Zhao Yongzhan, executive VP of Hitachi Energy, region head of Hitachi Energy Greater China; Camilla Dewoon, executive vice-president of Scania Group, head of Scania Group China Editor’s Note: As China launches its 15th Five-Year Plan (2026-30),…

Strict curbs on misleading info to guard investors

Chinese top regulators’ tightened oversight on misleading information or market manipulation is expected to create a clearer and healthier market environment, safeguarding investor interest and facilitating the inflow of more long-term capital, experts said. They cited the 13 million yuan ($1.9 million) fine on Jiangsu province-based Shuangliang Eco-Energy Systems Co Ltd as the latest example.…

MNC execs bullish on Beijing’s prospects

Executives of multinational corporations struck a bullish note late on Sunday at the China Development Forum 2026’s Beijing Night, expressing renewed confidence in investing in the Chinese capital following a keynote speech by Beijing’s top official. In his speech, Yin Li, Party secretary of Beijing, highlighted the city’s role as a global innovation hub, citing…

Do androids dream of domestic feats?

Trainers instruct humanoid robots on folding laundry and organizing clothing at China’s largest humanoid data-training center in Beijing in 2025. [Photo provided to CHINA DAILY] In an office building in Beijing’s Shijingshan district, a special “school” is in full swing, with nearly 200 human teachers and 100 humanoid robot students. The instructors wear headsets, hold…