Business--China Economic Net

With the same-sized production area and 50 percent fewer workers, to double up on productivity and stay ahead of the curve would be a goal too challenging for a factory to achieve. But in southern China's Guangdong Province, the workings of a sophisticated Chinese factory has managed to do just that, shedding light on modern-day productivity.

Chinese company issues carbon-neutral earphones2024-04-23
A Shenzhen-based company on Monday released the world's first zero-carbon open-ear earbuds, the latest of a series of technological breakthroughs fast-tracked by China's "dual carbon goals."

Common prosperity goals catalyze regional cooperation in China's Yangtze River Delta2024-04-22
The Yangtze River Delta, one of China's most economically vibrant regions, has set its sights on taking the lead in promoting common prosperity, with regional cooperation and local initiatives within its four provincial-level regions.

Bayer CEO optimistic about expanding Chinese market2024-04-22
Bill Anderson, CEO of Bayer AG, emphasized China's important role as a strategic pillar for the company's global business operations and shared his commitment to future investment in China in a recent interview with Xinhua.

Foreign businessmen seek new opportunities at Canton Fair2024-04-22
In 1954, Jack Perry, founder of the London Export Corporation, led a group of 48 British businessmen on a historic trade mission to Beijing.

Conference on internal combustion engines opens in China's Tianjin2024-04-21
The 2024 World Congress on Internal Combustion Engines kicked off in north China's Tianjin Municipality on Saturday.

China's manufacturing hub sees 9.1 pct foreign trade growth in Q12024-04-21
Jiangsu Province, a manufacturing hub in east China, reported a foreign trade volume of 1.3 trillion yuan (about 179.5 billion U.S. dollars) in the first quarter of 2024, up 9.1 percent year on year, local customs said Saturday.

China's new quality agricultural productive forces to be fully developed: report2024-04-21
In the coming decade, China's agricultural sector will witness the full development of new quality productive forces, accompanied by an accelerated pace of agricultural transformation and upgrading, according to a report released on Saturday.

Canton Fair sees surge in number of overseas purchasers: official2024-04-20
The 135th session of the China Import and Export Fair, also known as the Canton Fair, saw an increase in overseas purchasers compared with the previous edition, an official said on Friday.

Streamlined logistics allow landlocked regions to expand global reach2024-04-20
At first light, an eastern Chinese logistics hub is already operating in full swing. Cranes and trucks can be seen passing containers back and forth, and fully loaded freight trains set off for various destinations.

Spain's Ebro-EV Motors, China's Chery join hands to develop new cars2024-04-20
Spain's auto company Ebro-EV Motors and China's Chery Automobile signed a pact on Friday to develop new electric vehicles through a joint venture in the northeastern Spanish city of Barcelona.

China's big-ticket items spending, services consumption rise in Q12024-04-20
Chinese consumers' spending on big-ticket items such as cars, home appliances, and furniture expanded while spending on services consumption rose quickly in the first quarter of this year, the Ministry of Commerce (MOC) said on Friday.

China's BYD adds new dealership in Tokyo2024-04-20
China's leading electric vehicle (EV) manufacturer BYD added a new showroom in Tokyo on Friday as the carmaker continued its steady march in the Japanese market dominated by hybrids and domestic brands.

Foreign trade set to stay resilient this year2024-04-20
China's foreign trade, buoyed by the steady upturn of the domestic economy and an improved trading structure increasingly driven by high-tech and green products and export market diversification, will continue to exhibit resilience this year.

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Research report highlights declining trend of USD

The value of US Dollar is highly likely to go through a downward cycle in the next few years considering the pressure from both fiscal and current account deficits and an anticipated combination of an expansionary monetary policy and restrictive fiscal policy in sight.