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Sino-Russian trade tops $200b

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Visitors gather at the ninth China-Russia Expo in Yekaterinburg, Russia, on July 7. LIU KAI/XINHUA Trade volume between Russia and China has exceeded the $200 billion level for three consecutive years, injecting strong momentum into economic and trade cooperation and demonstrating the deep foundation and broad prospects of bilateral ties, officials and experts said. According…

Nation’s digital trade surplus doubles in 2025

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China’s digital services exports hit a record high in 2025, propelled by the rapid global expansion of technology giants in cloud computing and artificial intelligence, helping the country more than double its digital trade surplus and partially fill a long-standing gap in overall services trade. Latest data from the State Administration of Foreign Exchange showed…

China strengthens role in autonomous driving standards

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While Chinese regulators and car makers are making concerted efforts along the industrial chain to shape rules for the global autonomous driving industry, executives from leading manufacturers of self-driving vehicles in the United States are busy painting Beijing’s rapid advances in the sector as a so-called direct threat to Washington’s role. During last week’s US…

Producer prices for energy decline gradually in 2025

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Greater checks for safe coal transport

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Chinese railway operators have intensified measures to safeguard thermal coal transport. To ensure the safe operation of heavy-load trains on the Datong-Qinhuangdao Railway, which transports some 350 million metric tons of coal each year, maintenance workshop staff members of Hudong Electric Locomotive Depot in Shanxi province have introduced a “three inspections and one verification” system,…

Energy use of EU economy: -4.1% in 2023

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China and US ‘addressing concerns’ through trade mechanism

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China and the United States have maintained “close communication at various levels” through their economic and trade consultation mechanism, exchanging views in a timely manner and addressing each other’s concerns, the Ministry of Commerce said on Thursday. He Yadong, spokesman for the ministry, made the remarks at a news conference in Beijing in response to…