By Chang Qin, People’s Daily Many Chinese consumers have observed a significant decline in the prices of once-premium fruits like blueberries and Shine Muscat grapes. This trend is primarily driven by market dynamics and expanded production capabilities. “Price fluctuations reflect fundamental supply-demand dynamics. Increased availability naturally leads to price adjustments,” said Wang Wenhui, director of […]
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Chinese companies bring fresh momentum to world markets
By Liu Xiaoyu, Luo Shanshan, Zhong Ziwei, People’s Daily China serves as both a major destination for foreign investment and a leading source of outbound investment. According to a statistical bulletin released recently, China’s outward foreign direct investment (FDI) in 2024 reached $192.2 billion, accounting for 11.9 percent of the global total – an increase […]
A ‘sweet bond’ on Silk Road
By Huan Xiang, Han Liqun, Qu Pei, People’s Daily Hami, in eastern part of northwest China’s Xinjiang Uygur autonomous region, has long been a key hub on the ancient Silk Road and is known as the “gateway to the Western Regions.” When Zhang Qian made his first diplomatic mission to the West in the Western […]
China-Laos Railway releases new drivers for foreign trade growth
By Yang Wenming, People’s Daily Stretching 1,035 kilometers from Kunming in southwest China’s Yunnan province to Vientiane in Laos, the China-Laos Railway has become a “golden corridor” linking China and ASEAN, spurring regional economic growth along its route. Since it opened in December 2021, freight volume has posted double-digit growth for three consecutive years, while […]
Address economic, trade issues through equal consultation for mutual benefit
By Zhong Sheng, People’s Daily On Sept. 14 and 15 local time, Chinese and U.S. trade teams held a new round of talks in Madrid, Spain. Guided by the important consensus reached by the heads of state of the two countries in their phone call, the two sides held candid, in-depth, and constructive discussions on […]
China strengthens oversight of smart vehicles for healthier industry development
By Meng Fanzhe, People’s Daily Recently, China released a draft notice on strengthening recalls, production consistency supervision, and publicity regulations for intelligent connected new-energy vehicles (NEVs). The draft makes clear that when providing information on automation levels and system capabilities, companies must not misrepresent or exaggerate functions in a way that misleads consumers. Advanced driver-assistance […]
Banditry: Northern Group Vows to Drag Zamfara Governor Dauda Lawal to Hague
The Northern Intelligentsia Network has threatened to drag Zamfara State governor, Dauda Lawal, before the International Criminal Court (ICC) in The Hague over alleged complicity in the wave of killings, abductions and destruction perpetrated by bandits in the state. In a statement issued on Friday by its president, Dr. Aminu Shehu, the group accused Governor […]
Xinjiang village turns wheat fields into profitable businesses
By He Yong, Li Yanan, People’s Daily In Yaozhanzi village, Qitai County, Changji Hui autonomous prefecture of northwest China’s Xinjiang Uygur autonomous region, the early autumn sun bathes the vast fields. Under blue skies and white clouds, tractors shuttle across the land. Against a backdrop of clear blue skies, tractors crisscross the freshly harvested wheat […]
$4 Billion Refinery Fraud: Protesters Storm ICPC Headquarters, Call for Probe of MSM Group’s Connection to Missing Funds
Hundreds of protesters, led by the Concerned Lawyers and Citizens Network (CLCN), stormed the headquarters of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in Abuja on Thursday demanding an immediate investigation into what they described as a massive $4 billion fraud involving the MSM Group and missing funds meant for Nigeria’s refinery […]
China, U.S. reach basic framework consensus on resolving issues related to TikTok
By Xu Hailin, Han Shuo, Yan Huan, People’s Daily China and the United States reached a basic framework consensus on resolving issues related to TikTok through cooperation, reducing investment barriers and promoting relevant economic and trade cooperation, said Li Chenggang, China international trade representative with the Ministry of Commerce and vice-minister of commerce.On Sept. 14 […]