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Index reveals China’s improving marine economy

HAIKOU — The China marine economy development index, a key gauge of progress in the country’s ocean economy, climbed 2.3 percent year-on-year to 125.2 in 2024, signaling a robust expansion in the marine sector. The index was released by the Ministry of Natural Resources on Sunday to mark the World Oceans Day. Data shows that…

Starbucks China cuts prices on non-coffee drinks

Starbucks China to cut prices across its non-coffee beverage line up from tomorrow. [Photo provided to chinadaily.com.cn] Starbucks China has announced a price reduction across its non-coffee beverage offerings, aiming to expand its presence in the competitive beverage market. Starting June 10, dozens of offerings—including Frappuccinos, Iced Shaken Teas, and Tea Lattes—will see an average price…

Nation a key growth driver for MNCs

A view of Beijing’s CBD area. [Photo/VCG] As global firms navigate rising geopolitical and economic uncertainties, China will remain a critical pillar in their long-term growth strategies, said executives from European business chambers and corporations. Remi Paul, president of the French Chamber of Commerce and Industry in China, said an increasing number of French companies…

More faults found in new energy cars, says J.D. Power

The initial quality of new energy vehicles in China has declined for the second consecutive year, with an average of 226 problems reported per 100 vehicles, according to a J.D. Power study released on Thursday. That figure marks a 16-problem increase from 2024 but suggests a slowing rate of decline compared to the 37-problem rise…

China a world leader in hydrogen energy industry

China’s annual production and consumption of hydrogen energy exceeded 36.5 million tons in 2024, ranking first worldwide. China is also home to over 50 percent of the world’s renewable energy hydrogen production projects, which injects a new impetus into China’s efforts to achieve its “dual carbon goals” and promote green development! Tanks to chinadaily.com.cn Please…

China mulls measures to regulate livestream e-commerce

A villager sells blueberries via livestreaming in Lianyungang, Jiangsu province. SI WEI/FOR CHINA DAILY BEIJING — Public opinion on regulations for the supervision and administration of livestream e-commerce is being solicited, China’s top market regulator announced on Tuesday. The State Administration for Market Regulation said that it has drafted the regulations in collaboration with the…

Western Range iron ore project highlights strength of collaboration

The Western Range project was put into operation on June 6, 2025. [Photo/Xinhua] The Western Range project, a significant iron ore mine in Australia that was recently put into operation, serves as a cornerstone of the longstanding resource partnership between Australia and China, said company executives and industry experts. The joint venture between Rio Tinto…

Matcha industry fattens wallets, revives culture

Students watch a tea specialist (right) make matcha tea at a tea industrial park in Jiangkou county of Guizhou province on May 14. FU TIAN/XINHUA GUIYANG — As the morning light of early summer broke over the misty hills of Jiangkou county in Southwest China’s Guizhou province, tea farmers began their day among rows of tea…

China’s refined tax refund policy fuels inbound consumption

Foreign tourists shop at the Silk Street Market in Beijing on April 20. [CHINA DAILY] BEIJING — China saw a vibrant surge in inbound consumption following the rollout of its refined tax-refund-upon-departure policy, with notable increases in both the number of tax refund stores and the total amount refunded. Between April 27 and May 26,…

New rules in place to green express delivery

Packages are processed at a distribution center in Ji’an, Jiangxi province, on July 4, 2025. [Photo/VCG] BEIJING — China is ramping up efforts to green its booming express delivery sector, as a newly amended regulation took effect during the bustling mid-year online shopping festival. The revised regulation concerning the courier sector came into force on…