High-income status seen around corner
China is on track to reach high-income status within one to two years, as steady growth and structural upgrading place the country on the cusp of a key developmental milestone,…
Walmart’s Chengdu store turns prototype for nationwide upgrades
Customers shop on April 24 at Walmart’s newly opened Chengdu store in Sichuan province, marking the launch of its next-generation store model in China. CHINA DAILY Walmart China’s recently revamped…
China approves first commercial trial for satellite IoT
The Ministry of Industry and Information Technology said it has approved Beijing Guodian Gaoke Technology Co to launch a two-year commercial pilot program for satellite-based internet of things services, the…
China approves domestic breast cancer drug for expanded use
China’s top drug regulator approved a domestically developed innovative breast cancer drug for expanded use on Wednesday, offering a new first-line treatment option for patients with a common subtype of…
China’s role in global business strategies highlighted
China will remain important to the long-term strategies of multinational companies, given its unmatched market scale, evolving consumer demand and increasingly strong innovation ecosystem, according to a senior executive. Kati…
China records 325 million domestic tourism trips during Labor Day holiday
Tourists seen in Dunhuang, Gansu province, on Monday. ZHANG XIAOLIANG/FOR CHINA DAILY China’s domestic tourism market recorded 325 million trips during the five-day Labor Day holiday, up 3.6 percent year-on-year,…
China slams EU over reported tech funding block
China’s Ministry of Commerce has responded to reported European Union plans to block funding for projects using Chinese inverters by warning that the country will take necessary measures to safeguard…
BeOne Medicines revenue surges 35% in Q1
BeOne Medicines Ltd, a listed global oncology biotech, reported a first-quarter revenue of $1.5 billion for 2026, up 35 percent year-on-year, driven by continued growth of its blood cancer drug,…
Qingdao’s ancient alleyways host new immersive drama experience
An immersive historical drama tour debuts in Qingdao, Shandong province, on Sunday, with participants solving coded missions, creating traditional crafts, and role-playing patriotic stories. An immersive historical drama tour debuted…
Durian boom ripening into supply chain story
A staff member weighs durians at a fruit distributor’s operating center in Guangzhou, South China’s Guangdong province, on Oct 17. DENG HUA/XINHUA BEIJING — When durian season arrives, it makes…