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Report: Overseas expansion a growth necessity

Going global is no longer an option for Chinese enterprises but has become a necessity for their growth and development, according to a recent report. Industry experts believe that global expansion will be one of the most important investment themes for Chinese companies over the coming decade. Amid adjustments in the global economic landscape, overseas…

China’s tech SMEs receive more credit support in 2025

A visitor walks past robots displayed at a humanoid robot innovation center in Wuhan East Lake High-tech Development Zone, also known as the optics valley of China, in Wuhan, Central China’s Hubei province, Dec 4, 2025. [Photo/Xinhua] BEIJING – China’s tech-oriented small and medium-sized enterprises (SMEs) saw improved access to credit by the end of…

Xinjiang sees steady growth in 2021-25

Tourists buy souvenirs at a shop near a scenic spot in Xinjiang. SUN ZHENSONG/FOR CHINA DAILY The economy of Northwest China’s Xinjiang Uygur autonomous region expanded at a steady clip during the 14th Five-Year Plan period (2021-25), with fixed-asset investment and foreign trade growth among the highest in the country, officials said. According to a…

Standard Chartered optimistic about China’s economy

A drone photo taken on Jan 2, 2026 shows a view of a terminal of a subsidiary of Tianjin Port Holdings Co Ltd at Tianjin Port in North China’s Tianjin. [Photo/Xinhua] Having seen the resilience, vitality and transformation of China’s economy, Standard Chartered is optimistic about the country’s economic prospects and its market potential, said…

Xinjiang seen as cornerstone of renewables strategy

An aerial drone photo taken on July 28, 2025 shows a 1GW solar thermal and photovoltaic integrated project in Shanshan county, Northwest China’s Xinjiang Uygur autonomous region. [Photo/Xinhua] Xinjiang Uygur autonomous region’s green electricity consumption reached a historic 43.43 billion kilowatt-hours (kWh) in 2025, a staggering 230 percent increase over the previous year, underscoring the…

Chinese electric two-wheeled vehicle maker eyes global expansion

Wang Ye, founder and CEO of Segway-Ninebot, speaks at the company’s 2026 user conference. [Photo provided to chinadaily.com.cn] Segway-Ninebot, a Chinese maker of smart electric two-wheeled vehicles, said its cumulative global shipments of smart electric scooters and motorcycles have exceeded 10 million units, marking a new milestone for the company’s mobility business. Speaking at the…

China’s central SOEs keep R&D spending above 1 trillion yuan for 4 straight years

BEIJING — China’s State-owned enterprises (SOEs) directly administered by the central government invested 1.1 trillion yuan (about $157.69 billion) in research and development (R&D) in 2025, official data showed on Wednesday. The R&D spending has remained above 1 trillion yuan for four consecutive years, said Pang Xiaogang, deputy head of the State-owned Assets Supervision and…

Gansu to speed up data cluster projects

A staff member at a data center details information about the construction of the provinces’ data center cluster, in Qingyang, Northwest China’s Gansu province, on Jan 6. [Photo/Xinhua] The Gansu provincial government has pledged to accelerate the launch and operational efficiency of key projects in the Qingyang data center cluster in 2026, with total computing…

Foreign visitors laud key initiative

Foreign consumers check out electronics at a Huawei flagship store in Shanghai on Jan 3. CHINA DAILY Spurred by the government’s “Shopping in China” initiative and other consumption-supporting measures, customs authorities in top-tier cities reported a strong increase in tax refund volumes in 2025 and forecast further growth this year. According to Guangzhou Customs, Guangzhou…