Participants attend a forum of the Summer Davos in Tianjin on Wednesday. ZOU HONG/CHINA DAILY China’s accelerating technological breakthroughs and efforts to stimulate domestic consumption are laying the foundation for sustainable economic growth as the country navigates global headwinds and transitions toward a high-income economy, experts and business leaders said on Wednesday. Zhu Min, former deputy…
Renewable energy cooperation between China and other Shanghai Cooperation Organization countries has gained significant momentum in recent years, driving substantial growth in green energy capacity across the vast region and contributing significantly to global decarbonization efforts, industry experts and company executives said. This burgeoning collaboration involves projects totaling approximately 96.3 gigawatts of installed capacity of…
A view of a liquid hydrogen plant in Zhangjiagang, Suzhou, Jiangsu province. CHINA DAILY Drinking “exhaust water “from a city bus wasn’t how I imagined starting my week. Yet here I am, in Zhangjiagang, Suzhou, Jiangsu province, holding a small paper cup filled with liquid that just moments ago came out of a bus tailpipe. My…
China’s total nonfinancial outbound direct investment rose 2.3 percent year-on-year to $61.6 billion in the first five months, underscoring the nation’s sustained efforts to deepen international cooperation, said the Ministry of Commerce on Thursday. In the meantime, the country’s nonfinancial ODI in countries and regions involved in the Belt and Road Initiative reached $15.52 billion,…
BEIJING — Chinese tech firm Xiaomi unveiled its first electric SUV, the YU7, and its first AI-powered smart glasses at a product launch in Beijing on Thursday evening. Priced starting at 253,500 yuan ($35,400), the YU7 SUV is available in three configurations with nine color options, with the base model offering a range of 835…
In a decade of global uncertainty, Asian Infrastructure Investment Bank has stayed true to multilateralism for sustainable development since its founding in 2015. At the 10th Annual Meeting of the Board of Governors of the AIIB, more than 3,500 representatives from nearly 100 countries and regions gathered to mark a decade of progress. Watch the…
A woman takes selfie with art toys in a new Pop Mart offline store in Bangkok, Thailand, July 5, 2024. [Photo/Xinhua] Investor interest is shifting toward emerging consumer trends, such as trendy IP-driven toys, the booming pet economy, and a rise of guochao gold jewelry and innovative tea brands, which are expected to become the…
An Airbus A350 aircraft without livery is pictured in North China’s Tianjin municipality, Feb 11, 2025. [Photo/Xinhua] European aircraft manufacturer Airbus said it would continue strengthening cooperation with Chinese industry players after operating in China — its largest single-country market — for 40 years, and will keep working to further facilitate the country’s supply chain…
A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] China firmly opposes any country entering into trade agreements with the United States that undermine Chinese interests in exchange for so-called tariff relief, the Ministry of Commerce said over the weekend. If such a situation arises, China will not accept it and will…
Premier Li Qiang interacts with guests on Thursday at the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank in Beijing. Li addressed the opening ceremony of the meeting on the same day. WANG ZHUANGFEI/CHINA DAILY Premier Li Qiang said on Thursday that the Beijing-based Asian Infrastructure Investment Bank has…