China’s drug-delivery developer Metis TechBio Co Ltd listed on the Hong Kong Stock Exchange on May 13. [Photo/VCG] Chinese mainland’s artificial intelligence drug-delivery developer Metis TechBio Co Ltd raised more than HK $2.1 billion ($270 million) in its Hong Kong initial public offering on Wednesday, marking the largest healthcare listing in Hong Kong so far…
An African goods market is pictured during the May Day holiday in Changsha, Hunan province, on May 1. DENG YILIN/XINHUA CHANGSHA — When more than 6,000 bottles of South African wine cleared customs at Changsha Huanghua International Airport in Central China’s Hunan province on May 1, the importer received an immediate benefit from China’s expanded…
A car refueling at a gas station in Guangzhou, on April 7. [Photo/VCG] Expanding energy ties between China and the United States will contribute to broader bilateral economic cooperation amid shifting global market dynamics, industry experts said. Liu Jia, chief expert at the Economics & Technology Research Institute, a think tank of China National Petroleum…
Vice-Premier He Lifeng meets with US Treasury Secretary Scott Bessent on Wednesday ahead of China-US economic and trade consultations in the Republic of Korea. ZHANG XIAOYU/XINHUA Delegations from China and the United States held candid, in-depth and constructive consultations on Wednesday on economic and trade issues of mutual concern and ways to deepen practical cooperation,…
Visitors taste wine from California at the food and agriculture pavilion of the United States last year during the 8th China International Import Expo in Shanghai. The pavilion covered 350 square meters and featured 19 exhibitors, both record highs for the event. PROVIDED TO CHINA DAILY Business leaders from the United States have voiced their…
BEIJING – China’s State Administration for Market Regulation (SAMR) on Wednesday announced a nationwide campaign aimed at tackling obstacles to building a unified national market and fostering fair competition. Running from May to December, the campaign will focus on problems that impede fair market access and independent business operations, as well as those that restrict…
Construction site of the Ulaanqab wind power base. [Photo/WeChat account of State Power Investment Corporation Limited’s Inner Mongolia Company] The second phase of the 1.2 million-kilowatt on-site consumption project of the 6 million-kW Ulaanqab wind power base began construction on May 10, marked by the first concrete pouring for the foundation of a booster substation.…
BEIJING – At a time of persistent global uncertainty, the business communities of China and the United States have continued to navigate economic headwinds through pragmatic cooperation, delivering a strong vote of confidence on their mutually beneficial economic ties. The upcoming China International Supply Chain Expo offers a prime example. Participation by US firms at…
BEIJING — China’s railway construction made steady progress in the first four months of 2026, with fixed-asset investment expanding 3.2 percent year-on-year, according to the country’s railway operator. During the January-April period, fixed-asset investment in the railway sector reached 200.8 billion yuan (about $29.34 billion), according to data from China State Railway Group Co Ltd.…
A groundbreaking ceremony is held on May 12 to mark the start of construction of an artificial intelligence-powered central air conditioning manufacturing base in Rayong, Thailand. [Photo provided to chinadaily.com.cn] Chinese home appliance giant Haier broke ground on an artificial intelligence-powered central air conditioning manufacturing base in Rayong, Thailand on Tuesday, marking a major step…