Steel demand seen buoyed by autos, appliances in ’26
An employee works at a casting facility in Maanshan, Anhui province, on Aug 7. ZHANG MINGWEI/FOR CHINA DAILY China’s steel demand is holding firm in key sectors such as new…
Ministry: US Section 301 tariffs will evoke firm response
Chips are displayed at the exhibition area of Central China’s Hubei province of the second China International Supply Chain Expo in Beijing, China, Nov 27, 2024. China strongly opposes the…
Pharma innovations gain traction abroad
A pharma researcher works at a lab in Haikou, Hainan province, on Feb 5. SU BIKUN/FOR CHINA DAILY Chinese pharmaceutical innovations are gaining greater scientific visibility, as a growing number…
Profits of China’s major industrial firms up 0.1% in first 11 months
Profits at China’s major industrial firms maintained a modest recovery through November, underpinned by the rapid growth of equipment manufacturing and high-tech sectors, official data showed on Saturday. During the…
China hopes for solution on TikTok compliant with Chinese laws, balanced in interests: commerce ministry
BEIJING — The Chinese government hopes that relevant parties can reach a solution regarding TikTok that complies with Chinese laws and regulations and achieves a balance of interests, a spokesperson…
China to play key role in Valeo’s ‘Elevate 2028’ strategy
A worker is seen working at a Valeo plant in Wuhan, Hubei province. China is set to play a central role in French auto parts supplier Valeo’s “Elevate 2028” strategy,…
Shanghai unveils action plan to boost establishment of open source system
The Shanghai municipal government has issued an action plan to strengthen the construction of an open source system, with a goal of incubating over 200 high-quality open source projects by…
Chinese firm completes key Georgia highway section
Part of the E60 highway LOT3 Project. A newly completed section of Georgia’s E60 route opened recently, drawing praise from the country’s leadership. The six-kilometer stretch that opened on Dec…
China firmly opposes US additional tariff on semiconductors from China
BEIJING — China disagrees with the so-called conclusions of the US Section 301 investigation and firmly opposes the imposition of additional Section 301 tariffs on Chinese semiconductor products, a spokesperson…
Stronger RMB points to resilience
The recent strengthening of the renminbi against the US dollar reflects the resilience of China’s economic fundamentals and the improving stability of its financial system, while a weaker dollar has…