The 2025 China-ASEAN Industry Ministerial Roundtable Meeting is held in Nanning, Guangxi Zhuang autonomous region, on Wednesday. [Photo provided to chinadaily.com.cn] China is committed to supporting businesses from all countries to actively engage in the global division of labor within industrial and supply chains, and enhance complementarity between “Made in China” and “Made in ASEAN”…
China has rolled out a new policy package to further drive growth in services consumption. Services consumption for better life quality is thriving in the country, while emerging types of services consumption are demonstrating broad prospects for expansion, the Ministry of Commerce said on Wednesday. The new guideline, issued by the Ministry of Commerce and…
Employees work on an auto assembly line in Wuhan, Hubei province, on Aug 25. GONG BING/XINHUA China is stepping up efforts to ensure fair competition and strengthen supply chain resilience in its auto sector, with new measures rolled out to standardize concrete payment practices and better protect small and medium-sized suppliers. In a bid to foster…
Visitors view energy storage cells at the 13th International Energy Storage Summit and Exhibition in Beijing on April 11. DU JIANPO/FOR CHINA DAILY Chinese battery cell manufacturers are ramping up production to meet a surge in overseas demand for energy storage solutions, fueled by the global transition to renewable energy and market-driven electricity pricing reforms. Factories…
The most significant shift in China’s textile market lies in a strategic pivot by domestic brands, from cost-driven production to prioritizing sustainability and innovation, and this transformation, coupled with China’s robust industrial foundation, has created a unique “innovation ecosystem “that is reshaping global textile dynamics, according to Rohit Aggarwal, CEO of Lenzing Group. In an…
A worker inspects raw materials at a spinning workshop in Jilin province on July 16, 2025. [Photo/Xinhua] China’s centrally administered State-owned enterprises have witnessed robust growth in both total assets and profits during the 14th Five-Year Plan (2021-25) period, the State assets regulator announced on Wednesday. Zhang Yuzhuo, chairman of the State-owned Assets Supervision and…
A technician supervises the operation of a robotaxi in service in Guangzhou, Guangdong province, in March. DENG HUA/XINHUA China is stepping up efforts to ensure the safe and steady rollout of driver assistance technologies by introducing new national standards, in a bid to guide innovation with regulation and ensure the steady, secure growth of its automobile…
A view of the booth of BOE Technology Group Co Ltd during an industry expo in Shanghai. CHINA DAILY China’s leading display panel maker BOE Technology Group Co Ltd will invest more than 50 billion yuan ($7.02 billion) in research and development over the next three years, and allocate 500 billion yuan for procurement, aiming to…
A woman wearing an outfit featuring local delicacies of Indonesia stands near the country’s pavilion to attract visitors during the 22nd China-ASEAN Expo and the China-ASEAN Business and Investment Summit on Wednesday in Nanning, Guangxi Zhuang autonomous region. ZHANG WEI/CHINA DAILY China is willing to work with the Association of Southeast Asian Nations to uphold peaceful…
China has eased the access for foreign capital into the country’s housing market, a move experts said is aimed at stabilizing the residential property sector, opening up the country’s capital account further and attracting more foreign investment. The State Administration of Foreign Exchange, China’s forex regulator, announced on Monday that it has shortened the negative…