State Council approves China’s first dedicated 5-year plan to boost consumption
China’s retail sales of consumer goods are expected to reach around 60 trillion yuan ($8.85 trillion) by 2030, with consumption playing a stronger role in driving economic growth, according to…
China to accelerate construction of next-gen networks and infrastructure to support AI revolution
China will accelerate the planning and construction of next-generation communication networks and computing power infrastructure to build an integrated space-air-ground information network, a senior industry official said at the 2026…
Blueprint to boost consumption unveiled
China has unveiled its first five-year blueprint dedicated to boosting consumption, signaling a strategic shift toward making household spending a stronger engine of economic growth as the world’s second-largest economy…
Willow craft branches out – Chinadaily.com.cn
Villagers prune willow trees on June 10 in Linshu county, Shandong province. In the quiet town of Caozhuang in Linshu county, Shandong province, villagers are busy in mid-June weaving willow…
Chinese firms reshape global industrial chains
AI Global industrial chains and structures are constantly evolving, alternating between periods of relative stability and of profound disruption. Industrial restructuring refers to periods of accelerated change, such as the…
Heytea opens its first overseas teabar in NYC
With competition in the overseas new style tea market becoming increasingly fierce, Chinese brands are making every effort to win the hearts of consumers. In June, Heytea, a leading Chinese…
Historic heartland cultivates greener future
Tourists join a traditional village feast in Shenshan village, Maoping town, Jinggangshan city, Jiangxi province, on July 4. Deep in the forested mountains of Pulong village in Jinggangshan, East China’s…
A partnership through thick and thin — and primed to grow
There is a Chinese saying that sums up the partnership between the United Arab Emirates and China.”A long road tests a horse’s strength; time reveals a person’s heart.” In other…
Severe cutbacks ahead as VW’s profits halved
Old VW power plant in Wolfsburg, Germany, on July 11, 2026. Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe’s largest automaker considers a…
System-level certainty delivers confidence companies demand
People visit the exhibition area of Digital Technology during the Fourth China International Supply Chain Expo (CISCE) in Beijing, capital of China, June 23, 2026. Throughout June, I traveled from…