Customers select gold jewelry at a duty-free store in Haikou, South China’s Hainan province, on Jan 17, 2026. [Photo/Xinhua] BEIJING — China’s gold consumption edged up in the first quarter of 2026, mainly driven by the strong demand for gold bars and coins, data from the China Gold Association showed on Saturday. The country’s gold…
China’s foreign trade grew by 14.9 percent on a yearly basis to reach 16.23 trillion yuan ($2.39 trillion) in the first four months of 2026, according to data released by the General Administration of Customs on Saturday. The country’s exports rose 11.3 percent year-on-year to 9.33 trillion yuan, while its imports jumped 20 percent on…
BEIJING — Seventeen national industry associations and chambers of commerce on Friday jointly released a set of trial guidelines for domestic trade transactions, aiming to build a unified, open and orderly competitive market system and further advance the development of a unified national market in China. China’s domestic trade market is large in scale, with…
As the one-year countdown to the opening of Expo 2027 Belgrade approaches, the International Exhibitions Bureau (BIE), Expo 2027 doo Belgrade and the World Expo Museum (WEM) jointly signed a Memorandum of Understanding in Shanghai on May 7 on the participation of the WEM in Expo 2027 Belgrade. It is the first time that WEM…
Ikea China opened its first small-format store in the Tongzhou district of Beijing on April 30, as the Swedish home furnishing giant continues to expand its footprint in China’s capital and deepen its omnichannel strategy. The Tongzhou store, part of Ikea’s broader effort to integrate more closely with consumers’ daily lives, spans roughly 1,500 square…
BEIJING — China’s trade in services expanded 2.3 percent year-on-year in the first quarter (Q1) of 2026, with stellar growth recorded in travel service exports, data from the Ministry of Commerce showed on Friday. The total value of service imports and exports reached over 1.8 trillion yuan (about $262.8 billion) in the first three months…
An aerial drone photo taken on May 17, 2025 shows a photovoltaic base with a capacity of one million kilowatts in Dalad Banner of Ordos, North China’s Inner Mongolia autonomous region. [Photo/Xinhua] BEIJING — Chinese authorities have recently issued an action plan that aims to promote the mutual empowerment of artificial intelligence (AI) and energy.…
A visitor test-rides a bicycle at the 2026 China International Bicycle Fair in East China’s Shanghai, May 6, 2026. The four-day 2026 China International Bicycle Fair kicked off at Shanghai New International Expo Centre on Tuesday. [Photo/Xinhua] SHANGHAI — China’s bicycle sector registered steady production growth in 2025, with total output hitting 110.8 million units,…
BEIJING – China has made significant progress in improving its business environment, according to a report released on Friday by the National Development and Reform Commission, the country’s top economic planner. The report provides a comprehensive overview of the country’s achievements in enhancing the ease of doing business. Based on detailed data, the report focuses…
A view of the booth of Rolls-Royce during an expo in Shanghai. CHINA DAILY As China’s aviation market enters a new stage of expansion, Rolls-Royce is strengthening its long-term presence in the country, viewing the market as not only key for growth, but also as an increasingly important hub for maintenance services and supply chain…