Employees work on an auto production line of Volkswagen in Hefei, capital of Anhui province. CHEN ZHUO/FOR CHINA DAILY Nearly 40 percent of German companies said they plan to accelerate their localization in China, in the wake of recent trade conflict escalation between the United States and China, a survey by the German Chamber of Commerce…
Infrastructure investment is expected to grow in China to serve the nation’s efforts in stabilizing domestic demand amid global trade tensions that threaten its export growth, market insiders said. Trade turbulence triggered by the United States’ tariff strategy is affecting not only global supply chains on a scale unexpected by the market, but also overall…
File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s latest incremental financial measures to stabilize market expectations will help to further consolidate market recovery by ushering in more long-term capital and boost investors’ sentiment with the continued advancement of capital market reform, said officials and experts. A sweeping set…
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Visitors try a multi-language AI display screen at the 3rd China (Anhui) Science and Technology Innovation Achievement Transformation Fair in Hefei, capital of East China’s Anhui province, April 26, 2025. [Photo/Xinhua] The People’s Bank of China, the country’s central bank, will establish a new relending facility worth 500 billion yuan ($69.28 billion) to support consumption…
Yang Yuanqing, chairman and CEO of Lenovo, interacts with a robot at the company’s Tech World event in Shanghai on Wednesday. [Photo provided to chinadaily.com.cn] Lenovo Chairman and CEO Yang Yuanqing on Wednesday outlined a bold vision for AI-driven “Super Intelligent Agents” poised to redefine human-machine collaboration, while addressing concerns over global tariff pressures and…
A pedestrian passes the Shanghai Stock Exchange in Pudong New Area. WANG GANG/FOR CHINA DAILY China’s top financial regulators have reinforced their commitment to the stability of the country’s capital market on Wednesday, vowing to provide sufficient funding when necessary. The People’s Bank of China, the country’s central bank, will firmly support Central Huijin Investment…
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Shoppers browse goods at a store in Chongqing. [Photo/Xinhua] China’s stepped-up fiscal policies are emerging as a pillar in its efforts to stabilize the economy, offering much-needed support to sectors under financial strain and helping the world’s second-largest economy weather persistent global uncertainty. In 2025, the country pledged to intensify counter-cyclical adjustments, raising the deficit-to-GDP…