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Vehicle design complaints rise, finds J.D. Power

A staff member is using the touchscreen of a new vehicle displayed at an automotive exhibition in October 2024. [Photo provided to chinadaily.com.cn] Car owners in China are reporting more complaints about vehicle designs this year than they did in 2023, according to a J.D. Power survey released on Thursday. The 2024 China Vehicle Dependability…

CIIE to help LDCs access China market

Jinbao, mascot of the China International Import Expo. [Photo/Xinhua] Amid a tepid economic recovery globally, the China International Import Expo is leveraging its role as an international public good to better support least developed countries (LDCs) in accessing China’s super-sized market and further integrating into the world economy, experts and executives said. This year’s expo,…

Danish player in energy sector eyes partnerships, green solutions at CIIE

CHINA DAILY OSLO — As the seventh China International Import Expo approaches, Danfoss, a leading Danish energy efficiency solutions firm, is preparing to showcase its innovative products and announce new strategic partnerships aimed at contributing to China’s green transition. This year marks Danfoss’ fifth appearance at the CIIE, and the company’s leadership is optimistic about…

China’s marine economy expands steadily

This photo taken on Jan 2, 2024, shows a container ship named “WAN HAI 357” berthing at the Dalian port in Northeast China’s Liaoning province. [Photo/Xinhua] China’s marine economy expanded steadily last year, with a gross output of 9.9 trillion yuan ($1.39 trillion), up 6 percent year-on-year, ThePaper reported on Thursday. China’s marine economic development…

PBOC injects $70b into system via new outright reverse repos

File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] The People’s Bank of China, the country’s central bank, conducted the first operations of a new reverse repo tool and injected 500 billion yuan ($70.3 billion) into the banking system in October, boosting its policy toolkit while promoting internationalized interbank…

Glimpse of media center for 7th CIIE

Share – WeChat This photo taken on Nov 3, 2024 shows the public working area at the media center for the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) in Shanghai. The media center of the 7th CIIE opened on Sunday to provide services for journalists. [Photo/Xinhua] 1 2…

Honey processor sweet on Chinese market

Visitors check out Tanzania’s booth during the sixth China International Import Expo in Shanghai in November 2023. [Photo/Xinhua] DAR ES SALAAM — Four employees of a honey processing company located at Goba, 18 kilometers north of Tanzania’s port city of Dar es Salaam, are busy making final preparations for their participation at the seventh edition…

Balance needed to achieve goals

The 90th International Forum on China Reform attracts a large number of experts from both home and abroad to discuss the challenges China is facing on its road to reform. CHINA DAILY As China moves forward with its vision for a high-standard socialist market economy, the pivotal issue of balancing the relationship between the government and…

Financial system reform could help enhance economic resilience

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] Optimizing financial regulatory systems and greater reform to advance urbanization should be high on the agenda for China’s ongoing economic structural reforms, according to experts who attended the 90th International Forum on China Reform in Haikou, Hainan province. As China navigates…