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SOEs urged to pursue more tech-led upgrades

Employees from China Railway Construction Corp’s 24th bureau renovate the signaling system for Fuyang railway station, a key transportation hub, in Anhui province on Monday. CHINA DAILY China’s centrally administered State-owned enterprises are accelerating a fourth-quarter push to meet full-year targets while mapping out 2026 plans, as regulators press for technology-led upgrades and tighter risk…

BMC seeks biz upgrades, bigger global presence

Chinese respiratory device maker BMC Medical Co Ltd is accelerating global expansion and brand development as it strives to cement its leadership in respiratory health and grow into a world-class medical technology company. Founded in 2001, BMC focuses on home respiratory care for patients with chronic obstructive pulmonary disease and obstructive sleep apnea. Its long-term…

Open, innovative China to bolster APEC at global economic forefront

BEIJING – China’s push for greater openness and global collaboration was prominently showcased at the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in the Republic of Korea. With its steadfast commitment to high-level opening up and strong innovative capabilities, the world’s second-largest economy is well-positioned to drive a prosperous future for the Asia-Pacific region and…

China unveils outcomes of China-US economic, trade talks in Kuala Lumpur

BEIJING — China’s Ministry of Commerce on Thursday unveiled the outcomes achieved by Chinese and US delegations during their recent economic and trade talks in Kuala Lumpur. The US side will cancel the 10-percent so-called “fentanyl tariffs” and suspend, for an additional year, the 24-percent reciprocal tariffs levied on Chinese goods, including goods from the…

Hainan poised to become regional economic hub

Yachts and motorboats shuttle near an island in Sanya, Hainan province, on Aug 3. YE LONGBIN/FOR CHINA DAILY China’s upcoming launch of island-wide special customs operations at the Hainan Free Trade Port on Dec 18 underscores the country’s push for high-level opening-up and its efforts to play a bigger role in regional economic integration, experts…

Track-laying starts on Anhui rail to better link Yangtze River Delta region

Builders from China Railway No 4 Engineering Group start laying tracks for the whole line of Fuyang-Huaibei High-speed Railway in northern Anhui on Oct 28, helping the region to better integrate into the Yangtze River Delta region. [ZHAO MENGTING / For chinadaily.com.cn] Amid the nation’s drive to boost strength in transportation and develop a modernized…

China weighs export waivers for eligible tech shipments amid Nexperia scrutiny

China will consider granting export exemptions to eligible shipments after conducting a comprehensive review of companies’ actual circumstances, the Ministry of Commerce said on Saturday, in response to media questions regarding Nexperia, a Chinese-owned semiconductor company based in the Netherlands. China had previously responded to media inquiries on the matter, emphasizing that the Dutch government’s…

China Innovation Index up 5.3% in 2024: official data

An employee works at a smart production facility in Tianjin. [Photo/Xinhua] BEIJING — The China Innovation Index, a barometer of the country’s innovation capability, rose steadily in 2024, official data showed on Wednesday. The index increased by 5.3 percent from the 2023 level to 174.2 last year, according to the National Bureau of Statistics (NBS).…