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[Photo provided to chinadaily.com.cn] At around 11:00 on May 28, YTO Airlines flight YG9007 took off from Jiaxing for Dhaka, the capital of Bangladesh, marking the official launch of the first international cargo route from the Eastern Sky Gateway, YTO’s global aviation logistics hub in Jiaxing, Zhejiang province. The event also signified the formal activation…
Product-specific tariffs can stop one flow, but not necessarily the wider export push behind it. China’s manufacturing system is present at many points of the same value chain.That is why a narrow tariff can miss the wider problem. Electric cars and wind turbines are only the visible end of longer chains. Behind them sit lithium…
A drinks store run by Chi Forest, one of China’s fastest-growing beverage companies, at Wangfujing commercial street in Beijing. [Photo/VCG] Chi Forest, one of the fastest-growing beverage companies in the country, has started construction on its seventh wholly owned production facility, a move aimed at bolstering its supply chain nationwide and boosting delivery to central…
A BYD Sea Lion 06 EV is displayed at the Guangzhou auto show in November 2025. [Photo by Li Fusheng/chinadaily.com.cn] Chinese automaker BYD has said it will compensate users for direct losses caused by accidents while using its urban navigation-assisted driving system, becoming the world’s first major carmaker to offer liability coverage for both smart…
An eVTOL model on display at the 2026 World Intelligence Expo in Tianjin. ZOU HONG/CHINA DAILY The 2026 World Intelligence Expo kicked off on Thursday morning at the National Convention and Exhibition Center (Tianjin). Aiming to set a benchmark for the global intelligent sector, the event features a record-breaking exhibition area of 130,000 square meters,…
File photo of the CITIC Securities corporate logo. [Photo/VCG] CITIC Securities announced on Thursday plans to issue 794 million H-shares through a private placement to its major shareholder, CITIC Financial Holdings, at an issue price of HK$23.13 ($2.95) per share. The offering is expected to raise approximately 16 billion yuan ($2.36 billion), which will be…
Zeekr cars are seen at a shopping mall in Yantai, Shandong province, on April 30, 2026. [Photo by Li Fusheng/chinadaily.com.cn] The overall tech experience in China’s automotive sector continued to strengthen in 2026, even as execution quality showed signs of strain for the first time in four years, according to the latest J.D. Power study.…
Enhanced financial connectivity and localized support are becoming increasingly vital for Chinese enterprises deepening their presence in the Gulf region, a trend expected to unlock massive cross-border market opportunities, experts said. As cross-border businesses transition from early-stage market expansion to a new phase of supply chain localization, project construction, local operations and long-term financing, the…
People visit an exhibition of innovative achievements during the 2025 World Computing Conference in Changsha, Central China’s Hunan province, on Nov 20. DING CHUNYU/XINHUA BEIJING — Behind every artificial intelligence breakthrough lies raw computing power. China, staying true to its characteristically pragmatic approach, is now racing to industrialize it. Recent developments offer a striking glimpse…