Currency ties to boost financial stability
China and other developing economies are accelerating currency cooperation and payment system integration amid waning trust in the US dollar, with experts calling it a pragmatic move that could expand…
Chinese smart cars ready for global stage, says TUV Rheinland exec
The headquarters of TUV Rheinland, located in Cologne, Germany, is seen in the picture. China-made smart vehicles has vast potential in overseas markets, and localization will prove crucial, said an…
Cotti Coffee inks agreement with Rwanda to develop a demonstration park
Cotti Coffee International, a prominent global coffee chain brand, signs a Memorandum of Understanding (MoU) on strategic collaboration with Rwanda’s Ministry of Agriculture and Animal Resources on June 6 in…
Foreign trade shows steady increase in first five months
Chinese exporters’ accelerated shift toward higher-value manufacturing and their sustained focus on innovation will continue to anchor China’s foreign trade growth this year, government officials, manufacturers and experts said on…
Lululemon posts 21% revenue growth on the Chinese mainland in Q1
Lululemon held its largest yoga event in Beijing in May, drawing over 5,000 participants as part of its efforts to deepen consumer engagement and strengthen community sports. Athleisure brand Lululemon…
Achieving long-term economic goal through fiscal policies
In response to economic uncertainties at home and abroad, China must focus on a long-term goal that transcends immediate reactions and leverages fiscal tools to accelerate the economic shift from…
China’s tech culture driving AI advance, Alibaba chairman says at Paris forum
Joe Tsai, co-founder and chairman of Alibaba Group, and Maurice Levy, emeritus chairman at Publicis Groupe, engage in a discussion at VivaTech 2025 in Paris, France on Wednesday. Joe Tsai,…
Wujiang’s innovation ecosystem evolving rapidly
Leju’s KUAVO humanoid robots in operation at Chinese carmaker Hongqi’s factory in Changchun, Jilin province, in April. At the heart of China’s Yangtze River Delta region, there is a place…
China firmly upholding multilateral trade rules
CAI MENG/CHINA DAILY The decision by China to engage in talks with the United States demonstrates its firm stance in upholding multilateralism and presents a new opportunity for the reform…
Institutional breakthroughs will secure megacity’s heft as IFC
Residential savings have been rising constantly in China. Data from the People’s Bank of China, the country’s central bank, show that residential savings increased by 9.22 trillion yuan ($1.26 trillion)…