China retains vast potential in services spending: expert
The view of Shanghai’s CBD is seen in this photo. China’s economy has maintained steady momentum, but pressures from a still-weak domestic demand remain pronounced, reinforcing calls from a top…
Auto competition shifts from price wars to product strength
The 200,000th vehicle of Voyah, a Chinese NEV brand, rolls off the assembly line in Wuhan, Central China’s Hubei province, April 9, 2025. China’s auto market is undergoing a period…
Exclusive: China launches antitrust review of food delivery sector
China’s top antitrust body said on Friday that it has launched probes into the competitive conditions within the country’s food delivery sector, citing concerns over intensifying price wars, heavy subsidies…
Shanghai launches new action plan to foster adaptive industrial ecosystem
An aerial view of the Yangshan Port in Shanghai, on July 26, 2025. Shanghai’s continued efforts to improve its business environment are conducive to creating a vibrant ecosystem for technological…
Canton Fair launches indoor navigation for vast exhibition halls
This photo taken on Nov 4, 2025 shows the 138th edition of the China Import and Export Fair in Guangzhou, South China’s Guangdong province. The China Import and Export Fair,…
Aerofugia secures purchase orders for its AE200 eVTOL model
An AE200 eVTOL on display in Chengdu, Sichuan province. YANG YIXIN/FOR CHINA DAILY Chinese eVTOL (electric vertical takeoff and landing) vehicle developer Aerofugia announced on Wednesday that it has secured…
China’s willingness to deepen economic ties with Venezuela remains unchanged
BEIJING — China’s willingness to continuously deepen economic and trade relations with Venezuela will remain unchanged regardless of changes in Venezuela’s political situation, He Yadong, a spokesperson with the Ministry…
China approves strategic merger between Sinopec and Aviation Fuel Group
The State Council approved on Thursday a reorganization between China Petroleum and Chemical Corp (Sinopec), the country’s largest refiner, and China National Aviation Fuel Group, Asia’s largest aviation transportation service…
China’s commerce ministry comments on investigation of Meta’s acquisition of Manus
BEIJING — China’s Ministry of Commerce on Thursday made remarks regarding the investigation of Meta’s acquisition of artificial intelligence platform Manus, noting that enterprises engaging in overseas investment must comply…
China says economic, trade ties with Venezuela remain unchanged
China’s desire to deepen bilateral economic and trade relations with Venezuela will remain unchanged regardless of how the political situation evolves in the Latin American country, a spokesman for the…