China and the European Union are reportedly nearing an agreement on the EU’s imposition of additional tariffs on Chinese-made electric vehicles (EVs), a development that analysts believe could help prevent further escalation of trade tensions between the two economic giants. A potential compromise would benefit the EV industry on both sides while strengthening the broader […]
China’s bicycle and electric bicycle industry has made significant progress in the first three quarters of 2024, despite a challenging external environment and economic transformations driven by technological revolutions. The industry has experienced continuous recovery and growth, fueled by efforts from Chinese companies to accelerate structural adjustments and transformation, according to Liu Suwen, President of […]
Morocco and China continue to build on their longstanding positive relationship, with the Belt and Road Initiative (BRI) playing a pivotal role in fostering deeper economic cooperation. Abdelkader El Ansari, Morocco’s Ambassador to China, highlighted the growing synergy between the two nations during his tenure, emphasizing the vast potential for collaboration under the BRI. El […]
BEIJING – The second China International Supply Chain Expo (CISCE) will take place from Tuesday to Saturday in Beijing, bringing together industry leaders, experts, and innovators from around the world to promote global cooperation in industrial and supply chains. The expo, the world’s first national-level exhibition focused on supply chains, aims to connect the world […]
China’s low-altitude economy is experiencing rapid growth, with low-altitude tourism and air taxi services becoming increasingly popular among travelers. In recent years, the country has witnessed a surge in helicopter sightseeing trips, offering tourists unique perspectives of iconic sites like the Great Wall in Mutianyu and the Atlantis Sanya Hotel in Hainan. Low-altitude tourism has […]
China is aiming to foster the growth of a trillion-yuan ($138 billion) market for the low-altitude economy by 2030, with a focus on expanding business opportunities for companies involved in the sector. This ambitious plan includes the creation of over 20 replicable low-altitude economy application demonstrations by 2027, as outlined in a new guideline released […]
Despite global challenges in the electric vehicle (EV) market, Chinese startups are experiencing robust growth, particularly in their home market, the world’s largest and most competitive. Financial results from key new energy vehicle (NEV) startups—Li Auto, Nio, Xpeng, and Leapmotor—reveal strong performance in the third quarter of 2024, with optimistic projections for the future. Li […]
China is expanding its urban village renovation program to nearly 300 cities, up from 35, in a significant policy shift aimed at stabilizing the real estate sector and achieving the country’s annual growth targets, analysts said. The initiative, led by the Ministry of Housing and Urban-Rural Development and the Ministry of Finance, seeks to address […]
The 2024 Global Entrepreneurship Week (GEW) China is underway at Fudan University’s School of Management in Shanghai, attracting over 2,000 innovators worldwide to explore new avenues for transforming scientific and technological achievements into industry solutions. Running through November 24, the event, hosted by the Shanghai Technology Entrepreneurship Foundation for Graduates (EFG), features more than 50 […]
China is broadening its urban village renovation program to nearly 300 cities, up from the previous 35, in a major effort to stabilize the real estate sector and meet its annual growth targets. The policy, announced by the Ministry of Housing and Urban-Rural Development and the Ministry of Finance, will include a shift towards monetary […]