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China’s trade-in programs boost consumption: minister

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Cooperation should replace zero-sum mentality: ministry

China has called on the United States to abandon its “zero-sum mentality” and further remove a series of unreasonable trade restrictions targeting Chinese companies, the Ministry of Commerce said on Friday. The spokesperson made the comments in response to reports that the US approved Nvidia’s H20 sales to China because Huawei can already make equivalent…

China’s domestic biotech industry is becoming a global force

China’s domestic biotech industry is entering a new phase of international influence, as homegrown innovative drugs increasingly meet global clinical demand. One recent example is Dizal Pharma, a Wuxi-based biotech firm that has emerged as a model for China’s evolving pharmaceutical ambitions. On July 10, Dizal’s lung cancer drug, sunvozertinib, was officially included in the…

Nvidia CEO: China is moving incredibly fast at AI

Nvidia founder and CEO Jensen Huang said in an interview with China Daily that “Huawei is a really incredible technology company, and China is moving incredibly fast at the AI model level. China is fast to both invent a new technology, and also to integrate the technology, to apply the technology. Because there’s so much…

Nation sets its sights on export boost

China will intensify efforts to advance high-quality trade development, deepen international cooperation and bolster innovation to further boost exports during the 15th Five-Year Plan (2026-30) period, the country’s top commerce official said on Friday. Speaking at a news conference in Beijing, Commerce Minister Wang Wentao said these measures will foster an open, cooperative and mutually…

China Eastern Airlines launches Shanghai-Copenhagen route

COPENHAGEN — China Eastern Airlines on Thursday launched a new direct route between China’s Shanghai and Denmark’s Copenhagen, strengthening air connectivity between the two countries. An Airbus A330 aircraft landed at Copenhagen Airport at 7 pm local time, where it was greeted with a traditional water salute. After two hours, the return flight departed Copenhagen,…

Yandex presents in-vehicle tech for Chinese carmakers

Zhou Tian, senior business director for Yandex Auto China, shares survey results of Russian consumers’ interest in Chinese vehicles, at Auto Shanghai, on April 24, 2025. [Photo provided to chinadaily.com.cn] Russian technology firm Yandex has unveiled its in-vehicle infotainment platform at the Auto Shanghai 2025, targeting Chinese automakers eyeing expansion into Russia and Central Asia’s…

Starbucks expands green initiatives

The booth of Starbucks at the ongoing China International Supply Chain Expo in Beijing. [Photo provided to China Daily] Starbucks China is making its third consecutive appearance at the China International Supply Chain Expo held in Beijing from Wednesday to Sunday, signaling its strong commitment to sustainable development and the localization of its supply chain…

Why stable China-US trade matters more than ever

CAI MENG/CHINA DAILY In a time of rising global economic uncertainty and geopolitical fragmentation, the trade relationship between China and the United States remains one of the world’s most consequential. Despite current tensions, it is critical to recognize that economic cooperation between the world’s two largest economies is not just a bilateral matter — it…

Corning makes bold bet on China

Corning Incorporated is deepening its presence in China as the country accelerates its transition toward high-quality, innovation-driven growth — a strategic shift the United States-based materials science company sees as closely aligned with its core strengths in advanced materials across optical communications, display, and automotive markets. “China has entered a stage of high-quality development. Going…