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Shipping rates diverge sharply

An aerial drone photo taken on Jan 8, 2026 shows a view of the Chuanshan area of Ningbo-Zhoushan Port, East China’s Zhejiang province. [Photo/Xinhua] Shipping rates between China and its major trading partners have diverged sharply in recent weeks, with short-haul routes to Southeast Asia recording sustained price increases, while long-haul services to the West…

PBOC vows readiness on policy tools

Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, China. [Photo/Xinhua] With China’s central bank having signaled readiness to flexibly implement cuts to the reserve requirement ratio and interest rates, analysts pointed to the rising necessity and possibility of front loading monetary easing measures this year to kick off a…

AI prowess redefining business niches

A Unitree G1 robot spars with Aadeel Akhtar, CEO and founder of Psyonic, at the first International Humanoid Olympiad at the Olympic Academy in Olympia, Greece, on Sept 1. THANASSIS STAVRAKIS/AP In a soundproof recording studio in New York City in the United States, an independent audio producer leans toward a microphone, replaying the same…

Vouchers fuel domestic ice and snow tourism

Skiers ride a magic carpet ski lift at the Li Ning Snow Park in Jinzhong, North China’s Shanxi province. [Photo/Xinhua] TAIYUAN — Consumption vouchers issued by local governments are driving a surge in spending across China’s ice and snow industry this winter, as provinces roll out subsidies to boost participation in winter sports and related…

Shanghai shining on tech stage

Shanghai’s continued efforts to improve its business environment are conducive to creating a vibrant ecosystem for technological innovation, which serves as a key growth engine for the city’s high-quality economic development, said officials and company executives. Their comments were made following the new action plan that the municipal government rolled out on Jan 4 to…

Gardening nurtures stressed youngsters

Ruan He works in her garden in Fuzhou, Fujian province. PROVIDED TO CHINA DAILY Ruan He believes her garden in Fuzhou, Fujian province, is not only a place where exotic flowers and plants flourish, but also a sanctuary for healing and connection. Three years ago, her eldest daughter was diagnosed with a mental health condition,…

China’s retail sector heads into the ‘era of me’, says NielsenIQ

China’s retail sector is entering a critical phase of transformation, with growth in 2026 expected to hinge less on foot traffic, channel expansion or price subsidies, and more on brands’ ability to meet consumers’ personal, emotional and experiential needs, according to a new report by world’s leading consumer intelligence firm NielsenIQ. In its report, “Guide…

China’s interbank debt financing tops 10t yuan in 2025

A clerk counts cash at a bank in Nantong, South China’s Jiangsu province. [Photo/Sipa] BEIJING – Some 10.1 trillion yuan ($1.43 trillion) was raised by over 2,300 enterprises through debt financing instruments on China’s interbank market last year, data from the National Association of Financial Market Institutional Investors showed. This marks the second consecutive year…

Canton Fair launches indoor navigation for vast exhibition halls

This photo taken on Nov 4, 2025 shows the 138th edition of the China Import and Export Fair in Guangzhou, South China’s Guangdong province. [Photo/Xinhua] The China Import and Export Fair, often called the Canton Fair, has rolled out a new indoor navigation service aimed at helping exhibitors and buyers find their way through its…