As consumer demand becomes more diverse in China, export-oriented companies are shifting their focus to the home market for new opportunities. Market watchers said these companies — backed by government policies promoting deeper integration between domestic and overseas trade — are increasingly pivoting toward the home market to tap both the vast potential of China’s…
A woman is pictured while viewing locally made BYD SEAL 5 cars in Rayong province, Thailand, on July 7, 2025. [Photo/Xinhua] BANGKOK – BYD announced on Monday that its Thailand plant has officially exported the first batch of BYD DOLPHIN electric vehicles (EVs) to the European market, totaling over 900 units, with destinations including Britain,…
Chinese vaccine company Sinovac Biotech Ltd announced on Monday that its newly developed adsorbed tetanus vaccine has officially obtained approval from the National Medical Products Administration, marking a milestone in the company’s push to expand its presence in the trauma care sector. The vaccine features aluminum hydroxide adjuvants with a particle size of just 300…
Employees install power cables on a transmission tower in Chuzhou, Anhui province, on July 29. SONG WEIXING/FOR CHINA DAILY China’s electricity consumption reached a historic high in July, surpassing 1 trillion kilowatt-hours for the first time, driven by strong demand from production and consumption sectors. The country’s total power consumption reached 1.02 trillion kWh in…
Customers visit a Massimo Dutti store at a shopping center in Tianjin on Aug 26. CHINA DAILY Massimo Dutti, sister brand of Zara and the high-end unit of Spanish fashion group Inditex, is maintaining steady growth in China with two new store openings in July in Xi’an, Shaanxi province, and Tianjin. China remains a strategic…
Electric vehicles are charged at the Quanhu Park station equipped with ultra-fast liquid-cooled chargers in Guiyang, Southwest China’s Guizhou province, June 13, 2025. [Photo/Xinhua] China’s green efforts are reshaping the global future of mobility and energy, with electric vehicles and charging infrastructure leading the way, said industry experts. “China is moving rapidly toward electrification, at…
Tourists from Australia pose for photos at the Tiantan (Temple of Heaven) Park in Beijing, May 1, 2025. [Photo/Xinhua] BEIJING — China will continue to promote inbound consumption, a crucial area for expanding domestic consumption, amid surging sales revenue from tax refund shops for foreign tourists in the country, the Ministry of Commerce said on…
Employees work at Orbbec’s lab in Shenzhen, Guangdong province. [Photo provided to China Daily] As morning light sweeps across Shenzhen’s skyline, the skyscrapers that have replaced the old fishing boats gleam in the sun. At the city’s core, the “Pioneering Bull” stands as a testament to the city’s relentless innovation and drive — qualities that…
BEIJING — China’s Ministry of Commerce will extend anti-dumping duties on phenol imports from the United States, the European Union, the Republic of Korea, Japan and Thailand for five years, starting Friday. This decision comes after a review of the anti-dumping measures that began in September 2024, initiated at the request of China’s domestic industry.…
China’s largest petrochemical base, the newly completed Daxie Petrochemical refining and chemical integration project in Ningbo, Zhejiang province, is expected to significantly boost domestic supply of key chemical materials, company executives and industry experts said. The nation’s petrochemical industry is showing strong signs of recovery, driven by rising domestic demand and robust government support, they…