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Global CEOs offer insights on Beijing as business hub

A series of dialogues between CEOs of multinational corporations and senior officials of Beijing took place on Friday, setting the stage for a new model of future cities. During the event, Beijing Mayor Yin Yong said: “Over the past five years, the number of foreign-invested enterprises in Beijing has increased by more than 9,000, and…

China’s cruise sector moves into new phase

China’s cruise sector has entered a new phase in developing a complete industrial chain, with the successful undocking of its second domestically made large cruise ship alongside agreements reached for building two more vessels, officials said. A ceremony was held on Friday at the shipbuilder, China State Shipbuilding Corp Shanghai Waigaoqiao Shipbuilding Co, to celebrate…

China’s cruise sector moves into new phase

China’s cruise sector has entered a new phase in developing a complete industrial chain, with the successful undocking of its second domestically made large cruise ship alongside agreements reached for building two more vessels, officials said. A ceremony was held on Friday at the shipbuilder, China State Shipbuilding Corp Shanghai Waigaoqiao Shipbuilding Co, to celebrate…

Various sectors see surge in foreign investment, data shows

A total of 8,631 new foreign-invested enterprises were established in China in the first two months of 2026, up 14 percent year-on-year, according to data released by the Ministry of Commerce on Friday. During the same period, foreign direct investment (FDI) in the country totaled 161.45 billion yuan ($23.44 billion), down 5.7 percent from a…

Xinjiang’s foreign trade surges 36 percent to 71.2 billion yuan to start the year

The total import and export value of Northwest China’s Xinjiang Uygur autonomous region reached 71.2 billion yuan ($10.3 billion) in the first two months of this year, marking a year-on-year growth of 36 percent, which is 17.7 percentage points higher than the national growth rate, according to Urumqi Customs District. Imports and exports at Urumqi,…

Molly’s 20th anniversary exhibition kicks off in Shanghai

Molly’s 20th Anniversary Exhibition, co-organized by Pop Mart and artist Kenny Wong, will open at Shanghai’s Fosun Foundation on Saturday and run until May 10, marking the largest offline showcase of the iconic IP on its world tour. [Photo provided to chinadaily.com.cn] The Molly 20th Anniversary Exhibition, co-organized by Pop Mart and Hong Kong artist…

Experts preach interconnectivity and cooperation to advance shipping trade development

Digital technology is deeply integrated and mutually empowering with the shipping trade, demonstrating new features, according to industry experts who spoke at the 2026 Digitalization and Intelligence of Shipping and Trade Conference held in Shanghai on Wednesday. “The digitization of shipping trade is a systematic project that covers the whole world and connects the entire…

China remains central to Apple’s global supply chain, Tim Cook says

Tim Cook, CEO of Apple, said Friday that China still accounts for the vast majority of the company’s global supply chain, with 80 of its top 100 suppliers operating in the country. Cook made the remarks during a meeting with China’s Commerce Minister Wang Wentao in Beijing. He said Apple focuses not only on supply…

China introduces new policies to streamline travel and promote inbound consumption

China has unveiled a comprehensive policy package aimed at promoting travel service exports and expanding inbound consumption, according to a document released by the Ministry of Commerce on Friday. “Promoting travel service exports and expanding inbound consumption are important initiatives for vigorously developing trade in services and enhancing China’s global influence,” the document noted. “They…

Testing center for low-altitude economy opens in Guangdong province

An intelligence-connected new energy vehicle testing center is launched in Xinfeng county of Shaoguan, in northern Guangdong province, on Friday. [Photo provided to chinadaily.com.cn] An intelligence-connected new energy vehicle testing center — recognized as a pilot platform for the low-altitude economy — was launched in Xinfeng county of Shaoguan, in northern Guangdong province, on Friday.…