Pilot programs to see speedy rollouts
Visitors check out Alibaba Cloud services during a high-tech conference in Hangzhou, Zhejiang province, in September. LONG WEI/FOR CHINA DAILY China will expedite pilot programs to further open up its…
China sees strong financing momentum in May
China’s financing activity maintained steady momentum in May, signaling improved market confidence, official data showed on Friday. The country’s aggregate social financing — the total amount of financing to the…
Freudenberg boosts China investment with new tech center in Wuxi
NOK-Freudenberg (China) Technology Center in Wuxi. German multinational Freudenberg Group is strengthening its commitment to the Chinese market through increased investment in local research, development and manufacturing capabilities. NOK-Freudenberg, a…
Chinese seaport cities see soaring port economy output in 2024
TIANJIN — Chinese seaport cities saw the added value of their port economy hit 6.7 trillion yuan (about $933 billion) in 2024, up 360.6 billion yuan over the previous year,…
Ant International to apply for stablecoin issuer license in Hong Kong
Ant International, the overseas arm of Chinese mainland financial technology giant Ant Group, said on Thursday that it will apply for the issuer license of fiat-referenced stablecoins in Hong Kong…
ASEAN tops Guangdong’s trade partners in 2025’s first five months
Dongguan in South China’s Guangdong province is a busy port on the Pearl River. The Association of Southeast Asian Nations, Hong Kong, and the European Union became the top three…
US may extend July 8 deadline for trade talks
NEW YORK — The United States may extend a self-defined deadline for the government to land trade deals with a big number of trading partners, President Donald Trump said on…
Carmakers vow to ensure timely payments for suppliers
A robot operates equipment on the assembly line of an automaker in Xi’an, Shaanxi province. YUAN JINGZHI/FOR CHINA DAILY China’s top industry regulator voiced support on Thursday for domestic automakers’…
China boasts best supply chain, says senior executive
“China has the world’s most developed and competitive supply chain,” said Thomas Nürnberger, chief sales officer of ebm-papst Group in an interview with China Daily Website. He noted that this…
China’s cruise line announces new routes
China’s second domestically built large cruise ship, Adora Flora City, receives a water salute on Monday at Shanghai Waigaoqiao Shipbuilding as the vessel achieves the milestone of dock float-up. This…