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Experts say more policy stimulus may be needed

The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] Additional policy stimulus may be needed later this year to reinforce the growth momentum of the Chinese economy and support employment, as July data pointed to renewed downward pressures, economists and analysts said. While extreme weather weighed on overall economic activity last month,…

Unilever’s food factory and logistics center in Guangzhou goes into operation

British consumer goods giant Unilever announced on Friday that its food factory and logistics center in Guangzhou, Guangdong province, went into operation. The move signifies a milestone in its synergized development of smart manufacturing and supply chain in China, it said in a statement. The plant, in Guangzhou’s Conghua district, is Unilever’s first full-range food…

Asylum applications up to 54 780 in May 2025

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Volkswagen, Xpeng expand CEA platform to ICE & hybrid models in China

Volkswagen Group China and XPeng announced on Friday that their jointly developed zonal electrical/electronic architecture, the China Electronic Architecture (CEA), will see broader adoption. Starting in 2027, the CEA will be deployed not only in locally developed Volkswagen-brand pure electric vehicles but also extended to combustion engine and hybrid models produced in China. Equipped with…

China’s home price decline narrows in July

People visit the sales office of a commercial housing complex outside Beijing’s Fifth Ring Road on Saturday. JIA TIANYONG/CHINA NEWS SERVICE BEIJING — The decline in the prices of commercial residential homes in China’s 70 large and medium-sized cities continued to narrow on a year-on-year basis in July, official data showed on Friday. In the…

Euro area international trade in goods surplus €7.0 bn

Euro area The first estimates of euro area balance showed a €7.0 bn surplus in trade in goods with the rest of the world in June 2025, compared with +€20.7 bn in June 2024. The euro area exports of goods to the rest of the world in June 2025 were €237.2 billion, an increase of…

Business registrations and bankruptcies rise in Q2 2025

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