China imposes provisional anti-dumping measures on pecan imports
China will impose provisional anti-dumping measures, in the form of security deposits, on pecan imports originating in Mexico and the United States, the Ministry of Commerce said on Monday. The…
Nongfu Spring founder urges limits on e-commerce platforms
Chinese beverage giant Nongfu Spring founder Zhong Shanshan has criticized the growing influence of e-commerce platforms, arguing that algorithm-driven pricing and traffic allocation are disrupting traditional retail networks and intensifying…
China’s central bank authorizes Deutsche Bank as RMB clearing bank
BEIJING – The People’s Bank of China (PBOC), the country’s central bank, announced on Monday that it has decided to authorize Deutsche Bank to serve as the RMB clearing bank…
Alibaba Cloud to double global modular data center capacity in 2026
Alibaba Cloud plans to more than double its global production capacity for modular data centers this year, as surging demand for artificial intelligence computing amps up construction of data center…
China central bank reform plan targets high-level financial opening-up
BEIJING – The People’s Bank of China (PBOC), China’s central bank, has issued a reform and development plan for the 2026-2030 period, making work arrangements aimed at accelerating the building…
Shenzhen deepens links with APEC economies
With around 100 days to go before the 33rd APEC Economic Leaders’ Meeting, the economic links between Shenzhen in South China’s Guangdong province and members of the Asia-Pacific Economic Cooperation…
Policy support poised to reshape nation’s retail industry
Recently, the Ministry of Commerce and eight other departments jointly issued the Opinions on Accelerating the Innovative Development of the Retail Industry. Focusing on the systematic planning of the retail…
Global brands tap into China as R&D auto hub
GAC Honda showcases models at the Guangdong-Hong Kong-Macao Greater Bay Area auto show in Shenzhen, Guangdong province, in June. CHINA DAILY General Motors and Honda have recently extended their joint…
Innovation powers next growth cycle
Forget the dusty old “world factory” playbook — if you want to see the future of global energy, you need to look at what is happening on the ground in…
HSR bolstered to aid socioeconomic progress
Builders from China Railway No 4 Engineering Group rotate a 145.5-meter beam, weighing 10,000 metric tons, of the Super Bridge Traversing Shanghai-Kunming High-speed Railway early on July 30 on the…