BAIC Arcfox showcases the Alpha S sedan at the Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen in July 2024. LIANG XIASHUN/FOR CHINA DAILY China has begun piloting Level 3 autonomous vehicles on public roads, marking a stride forward in intelligent mobility. But hurdles over liability, infrastructure and commercial rollout remain to be…
China will continue to pursue a more proactive fiscal policy next year with enhanced precision and effectiveness, to promote an effective improvement in the quality of the economy and a reasonable expansion in its scale, while maintaining social harmony and stability, said Finance Minister Lan Fo’an. He said on Saturday that the goal is to…
The revised Foreign Trade Law will strengthen China’s legal framework for high-level opening-up, promote high-quality trade growth, and enhance protection for businesses amid rising protectionism worldwide, experts and officials said. The updated provisions, which vow to further benchmark the law against international economic rules and safeguard the multilateral trading system, will also help foster a…
China will continue to pursue a more proactive fiscal policy next year with enhanced precision and effectiveness, to promote an effective improvement in the quality of the economy and a reasonable expansion in its scale while maintaining social harmony and stability, Finance Minister Lan Fo’an said on Saturday. He said the goal is to lay…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] BEIJING — China’s finance ministry has pledged to expand fiscal expenditure in 2026 to ensure a solid start to the country’s 15th Five-Year Plan period (2026-30). China will implement a more proactive fiscal policy next year, Finance Minister Lan…
In 2025, China Daily’s Grow with China series released nearly 100 videos, engaging in insightful conversations with over 90 executives from multinational corporations, including 25 global CEOs. The discussions spanned multiple industries such as manufacturing, technology, transportation, healthcare, exhibitions, and entertainment. In 2026, we invite you to join us in capturing the pulse of global…
Chinese lawmakers adopted a revision to the Foreign Trade Law on Saturday, and the updated provisions will take effect on March 1. The decision was made at a session of the National People’s Congress Standing Committee on Saturday. The current legislative revision is a direct response to profound shifts in the global trade landscape and…
Geopolitically, goods imbalances are usually the ones that trigger action. That is why the chart below maps the fault lines so well.In a classic mercantilist pattern, China runs large surpluses with demand-rich partners, runs deficits with suppliers of essential inputs, then uses those surpluses to secure more inputs and expand capacity at home. In effect,…
The Potala Palace in Lhasa reflected in a tranquil lake is a hot spot for international travelers to Xizang autonomous region. China Daily Over the… Read More »Tailoring inbound travel to Xizang
Shanghai — On a bustling afternoon in December, along Shanghai’s Nanjing Road, often dubbed “China’s No 1 Commercial Street,” many foreigners are practicing a new… Read More »Overseas tourists fill suitcases with ‘Made in China’ tech