As the nine-day Spring Festival holiday, the longest on record, receded into memory, my WeChat feed told a different story this year. Gone was the frantic, special-forces-style rush of the past — the scramble for the first high-speed train at dawn and the exhaustion of back-to-back sightseeing. In its place was a slower, more relaxed…
BEIJING — China’s centrally-administered state-owned enterprises (SOEs) invested a total of 1.1 trillion yuan (about $159 billion) in Northwest China’s Xinjiang Uygur autonomous region during the 14th Five-Year Plan period (2021-25), official data showed Friday. Over the five years, central SOEs generated 6.2 trillion yuan in operating revenue in the region, according to a meeting…
A courier operates a drone to deliver food in Hangzhou, Zhejiang province, on Jan 14. XU YAN/FOR CHINA DAILY China is ramping up efforts to strengthen the service sector as part of a broader push to boost domestic demand and consumption, a move that senior officials and experts said will bolster economic resilience and promote…
Renault Group unveils the new strategic futuREady plan in France on March 10. KENZO TRIBOUILLARD/AFP Renault Group has unveiled a new strategic plan to keep pace with rapidly advancing Chinese vehicle manufacturers that are expanding their presence in global markets. “In an increasingly volatile environment, Renault Group’s ambition is to compete with Chinese vehicle manufacturers…
CAI MENG/CHINA DAILY China’s economic development is currently at a critical stage of transformation and upgrading. Easing the structural imbalance between strong supply and relatively weak demand has become a central task in advancing high-quality growth characterized by both improved quality and reasonable expansion in scale. In terms of economic operations, the strong supply and…
China should further improve the structure of its research and development spending by raising the share devoted to basic research and encouraging broader participation from businesses, universities and society, said Pan Jiaofeng, president of the Institutes of Science and Development at the Chinese Academy of Sciences. He made the remarks during an exclusive interview with…
Workers manufacture gearboxes for new energy vehicles at a company in Wuhu, Anhui province, on Feb 10. XIAO BENXIANG/FOR CHINA DAILY BEIJING — As 2026 marks the beginning of China’s 15th Five-Year Plan (2026-30), the country’s economic outlook is attracting global attention. The Government Work Report submitted on March 5 to the National People’s Congress…
The Geely Farizon Homtruck offers diverse power options, including pure electric, range-extended, methanol and hydrogen drives after entering the market in 2024. CHINA DAILY Chinese manufacturers are accelerating expansion into Europe’s electric heavy-duty truck market, supported by competitive pricing and advanced electrification technologies, as the continent’s low-emission freight transition gathers pace. More than six Chinese…
The world is now undergoing profound changes unseen in a century. Against this backdrop, the resurgence of unilateralism and protectionism — coupled with hegemonic powers’ growing interference in other countries’ internal affairs through military intervention, economic sanctions and other means — is posing a serious challenge to the international order. Meanwhile, China’s overseas interests are…
China has raised representations with the United States regarding the latest Section 301 investigations during their ongoing trade talks in Paris, urging the US to immediately correct its wrongdoings, the Ministry of Commerce said on Monday. China has noted that the US on Thursday launched Section 301 investigations against 60 economies, including China, under the…