Skip to content

News

Improved roadways lifeblood of economy

An instructor (left) from China Railway No 4 Engineering Group briefs his colleagues on new technologies in Liuzhi, Guizhou province, in 2023. CHUI TINGTING/FOR CHINA DAILY Born in 1999, Chui Tingting graduated with a bachelor’s degree from Shandong University in 2021, becoming an English teacher in Chongqing shortly thereafter. As her husband came to work…

Project helps push green drive in Guangxi

NANNING — South China’s Guangxi Zhuang autonomous region on Monday put its first pumped-storage hydropower station into full operation, in a move to support its push for clean energy and green growth. The Nanning pumped-storage power station entered full service after its final generating unit was connected to the grid, as announced by the Guangxi…

SAMR curbs cutthroat competition

China will step up antitrust enforcement, rein in cutthroat competition and better develop the platform economy as part of its market regulation priorities for 2026, the country’s top market regulator said after a national work conference in Beijing. The State Administration for Market Regulation (SAMR) said the two-day meeting that ended on Monday set out…

Globalization reconfigured, not abandoned

As geopolitical tensions, climate imperatives and digital disruptions reshape the worldwide economic landscape, many have argued that globalization is in retreat. Yet such a view misses the deeper transformation underway, a senior trade expert told China Daily in an exclusive interview. Zhao Zhongxiu, president of the University of International Business and Economics. “Globalization is not…

Winter wanderlust creates snowball effect for economy

The 27th Harbin Ice and Snow World opened in Harbin, Heilongjiang province, on Dec 17. ZHANG SHU/FOR CHINA DAILY With the opening of the 27th Harbin Ice and Snow World on Dec 17 in Heilongjiang province in Northeast China, the nation’s winter tourism and sports entered their peak season. “As of Dec 18, the day…

Support for private sector to ramp up

An employee works on the assembly line of a private cane harvester manufacturer in Luoyang, Henan province. ZHANG XIYI/FOR CHINA DAILY China’s top economic regulator is expected to ramp up support for the private sector, with greater emphasis on targeted, problem-oriented policymaking to address the real challenges of enterprises, thereby stabilizing policy expectations and bolstering…

Resilient Chinese economy quells volatility

Container vessels are seen docked at Qianwan Container Terminal in Qingdao, Shandong province, on Dec 8. YU FANGPING/FOR CHINA DAILY The world economy faced strong headwinds in 2025, primarily as a result of escalating trade tensions thanks to the US’ “reciprocal tariffs”, causing substantial uncertainties in supply chains and the global economy. China, meanwhile, managed…

Chinese airlines make flurry of Airbus orders

China’s national flag carrier, Air China, led a flurry of year-end aircraft orders from Chinese airlines this week, with four carriers committing to buy a combined 118 Airbus jets in order to meet demand in the world’s second-largest aviation market. In a filing on Tuesday night, Air China said it had signed an agreement to…

China provides funding boost for consumer goods trade-ins

China has front-loaded 62.5 billion yuan ($8.9 billion) through the first tranche of ultra-long-term special treasury bonds to local governments, providing an early funding boost for consumer goods trade-in programs set for 2026. According to a notice jointly released by the National Development and Reform Commission and the Ministry of Finance, incentives will still be…

SOEs post stable revenue, profits in Jan-Nov

China’s State-owned and State-controlled enterprises demonstrated generally stable performance in the first 11 months of 2025, with revenues registering a slight growth and profits experiencing a modest year-on-year decline, according to official data released on Monday. These enterprises collectively generated operating revenues totaling 75.63 trillion yuan ($10.8 trillion) during the January-November period, reflecting a 1…