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Producer prices point to better supply-demand dynamics

A customer shops in the fruit aisle at a supermarket in Lianyungang, Jiangsu province, on Wednesday. GENG YUHE/FOR CHINA DAILY China’s factory-gate inflation grew in May at the fastest year-on-year rate since July 2022, even as consumer inflation remained moderate, adding to signs of strengthening reflation momentum and improving supply-demand dynamics across the industrial sector,…

Fitch upgrades 2026 outlook for Chinese mainland, Hong Kong, Macao and Taiwan on economic resilience

Fitch Ratings has revised its 2026 sector outlook for the Chinese mainland, Hong Kong, Macao and Taiwan to “neutral” from “deteriorating” based on sustained GDP growth resilience and improving price dynamics. The ratings agency, however, has changed its 2026 global sovereign sector outlook to “deteriorating” from “neutral”, warning that the US-Iran conflict is likely to…

Chinese-developed trains to serve World Cup fans in Mexico

Over 100 trains, developed by CRRC Zhuzhou Locomotive, operate in “tournament mode” in three Mexican host cities for the 2026 World Cup. [Photo provided to chinadaily.com.cn] More than 100 trains manufactured by a rail giant in Zhuzhou, Central China’s Hunan province, have been switched to “tournament mode” in three Mexican host cities for the 2026…

What surprised me at muShanghai

Simon Puebla (L) poses with Sun Bohao, founder of muShanghai, at the 28-day international tech festival in Shanghai’s Hongqiao CBD. [Photo provided to chinadaily.com.cn] Editor’s note: MuShanghai, a 28-day international tech festival, was held in Shanghai’s Hongqiao CBD from May 10 to June 6, 2026. Simon Puebla, an Argentine tech entrepreneur and co-founder & CBO…

China releases report highlighting poverty eradication and urbanization efforts

China released a national report detailing its progress in implementing the United Nations’ New Urban Agenda, sharing practical experience and policy innovations in poverty eradication, urbanization, and improving living environments as part of its commitment to the 2030 Sustainable Development Goals. The report, titled Promoting High-Quality Urban Development Towards the United Nations 2030 Agenda for…

Shanghai expo highlights green technology innovations

From zero-carbon electricity to sustainable housing, cutting-edge green technologies are stepping out of laboratories and into everyday life at the fourth Shanghai International Carbon Neutrality Technology, Products, and Achievements Expo. Running from Wednesday to Friday at the Shanghai New International Expo Centre, the event features immersive, scenario-based exhibition routes that demonstrate how low-carbon innovations are…

Media trip explores humanoid robots, AI in Beijing

A reporter takes a photo of a robot on Wednesday during a media tour at an exhibition center in Zhongguancun, the country’s central sci-tech hub. [Photo by Yang Cheng /chinadaily.com.cn] A group of journalists began a tour in Beijing on Wednesday to explore the latest advancements in technology and their industrialized fruitions. The media tour…

BRI project tenants recognized for outstanding hiring jobs

Representatives of tenants at Indonesia Morowali Industrial Park — a landmark cooperation project between China and Indonesia under the Belt and Road Initiative — attend the HR Asia Awards 2026 Indonesia Chapter on June 5, showcasing the charm of BRI projects. [Photo provided to chinadaily.com.cn] Several tenants of Indonesia Morowali Industrial Park (IMIP), a landmark…

Control kit update realizes breakthroughs in intelligent manufacturing

More than 200 representatives attend the innovative development conference of National Technology Innovation Center for Smart Process Manufacturing held in Minhang district in Shanghai. [Photos provided to chinadaily.com.cn] The 2.0 version of an intelligent control kit for process manufacturing was launched on Saturday, realizing breakthroughs in process twin, real-time optimization, planning and scheduling, scheduling decision-making,…

China’s new energy plans excite business chief

The new energy plans contained within China’s 15th Five-Year Plan (2026-30) period are expected to create opportunities for energy technology firms, according to a senior executive at Schneider Electric. As China seeks to transition its new energy industry from scale expansion to value restructuring, companies in the field are ready to work toward high efficiency…