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China, US achieve positive outcomes in economic, trade consultations: ministry

China and the United States have achieved positive outcomes in their latest round of economic and trade consultations, with both sides agreeing to advance pragmatic cooperation and maintain the hard-won momentum in bilateral ties, said the Ministry of Commerce on Saturday. The latest developments came after the two heads of state held talks in Beijing.…

How is the housing situation in the EU?

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Mastercard, JD.com partner to develop new commerce, payment experiences

[Photo provided to chinadaily.com.cn] Mastercard, a leading US-based payment technology company, and Chinese e-commerce giant JD.com signed a strategic cooperation agreement in Beijing on Friday aimed at driving innovation and building a more connected, secure, and intelligent commercial ecosystem. The two companies will further integrate and enhance global payment connectivity by developing a payment infrastructure…

Euro area international trade in goods surplus €7.8 bn

Euro area The first estimates of euro area balance showed a €7.8 bn surplus in trade in goods with the rest of the world in March 2026, compared with +€34.1 bn in March 2025. The euro area exports of goods to the rest of the world in March 2026 were €265.3 billion, a decrease of…

Fertilisers price went up 8.0% in Q4 2025

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Big rise in value of Chinese brands on global list

The value of Chinese brands listed among the 2026 top 100 most valuable global brands has leaped by 32 percent year-on-year, significantly surpassing the global average growth rate, according to a report released by the consulting firm Kantar. Chinese brands are not only showcasing their innovative vitality and global competitiveness, but are also transitioning from…

China-Russia trade conference yields new cooperation MOU

Participants engage in talks and business matchmaking on the sidelines of the 2026 China (Shandong)-Russia Local Economic and Trade Cooperation Conference held on Monday in Harbin, Heilongjiang province. [Photo provided to chinadaily.com.cn] The 2026 China (Shandong)-Russia Local Economic and Trade Cooperation Conference was held on Monday in Harbin, Heilongjiang province, bringing together nearly 200 enterprises…

China Telecom’s smart cloud system sparks Chongqing’s digital transformation

China Telecom Chongqing municipal branch kicks off a “Chongqing in Smart Cloud” launch event on May 15 to empower the digital construction in the southwestern municipality. [Photo provided to chinadaily.com.cn] China Telecom kicked off a “Chongqing in Smart Cloud” launch event on May 15 to empower digital construction in the southwestern municipality, injecting strong momentum…

Plan to supercharge services potential

JIN DING/CHINA DAILY China has rolled out a set of guidelines to upgrade its services sector, where significant consumption potential remains to be unlocked to help rebalance the world’s second-largest economy and sustain its long-term growth, economists and executives said. For Chinese consumers, the shift promises more choice, higher quality and greater convenience, they noted.…