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China’s Meituan expands food delivery brand to Kuwait

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Chinese food delivery giant Meituan launched its international brand Keeta in Kuwait on Monday, marking its third expansion in the Gulf after Saudi Arabia and Qatar, as it steps up efforts to build a regional network in the Middle East. It chose the Gulf country for its high per capita GDP, strong penetration of online…

Sustained reforms fuel stable growth

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China must accelerate reform measures to reinforce the stable and healthy development of the capital market in the coming five years as a strategic pivot in transforming the country’s economic growth model, said leading economists and financial experts. Despite Thursday’s market correction, they said the recent rally in Chinese equities, together with the ongoing regulatory…

Shanghai rolls out plan to boost used car exports

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Shanghai unveiled a 13-item action plan on promoting the city’s used car exports on Friday, with the goal of raising the city’s export volume to 50,000 units by 2027, according to official sources. “Shanghai is moving to streamline used car circulation and boost exports by developing a full-chain international trade service platform,” a notification issued…

China’s Kingdee opens Qatar branch, expanding global presence

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Chinese software firm, Kingdee International Software Group, recently opened a regional headquarters in Qatar and its free zones, marking its first foray into the Middle East. The company seeks to expand advanced Chinese AI technology overseas to drive digital transformation across the Middle East and beyond. The Shenzhen, Guangdong province-based enterprise-level SaaS provider signed a…

China will never reach agreement at expense of principles, companies: commerce ministry

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BEIJING — China’s Ministry of Commerce said Thursday that the country’s position on the TikTok issue remains consistent and that China will never seek to reach any agreement at the expense of principles, the interests of companies, and international fairness and justice. Ministry spokesperson He Yadong made these remarks at a regular press briefing when…

Back to school with Eurostat’s education corner

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China urges EU to avoid weaponizing tariffs, eliminate market barriers

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Visitors inspect a G9 SUV at the XPeng booth in the outdoor exhibition area of the IAA Mobility 2025 in Munich, Germany, on Sept 9. ZHANG FAN/XINHUA China is calling on the European Union to refrain from weaponizing tariffs and eliminating market barriers for Chinese electric vehicle makers. It also welcomed the entry of European…