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Posts published in “Business”

Latest China business news covering companies, trade, manufacturing, technology, startups, exports, investments, and the rapidly changing Chinese economy.

Pakistan and China step into the future

Pakistan and China began their remarkable journey of friendship and cooperation 75 years ago with the establishment of diplomatic relations. Since then, we have built a partnership defined by trust, consistency, and the ability to stand together through difficult times and shifting global realities. What began as a diplomatic engagement has evolved into a model of enduring cooperation between our two nations. This relationship is also deeply personal for me. My late father in law, Shaheed Zulfikar Ali Bhutto, and Shaheed Mohtarma Benazir Bhutto, believed strongly in building lasting ties…

Chinese robot applications

With China firmly at the forefront of artificial intelligence and robotics, the nation’s technology companies are targeting opportunities in the global rehabilitation sector as advances in Chinese robotics gain increasing recognition worldwide, experts and business executives said at a recent summit. The Global Rehabilitation & Assistive Technology Network Summit 2026 convened in Shanghai on May 13, offering a platform to showcase real-world application scenarios of breakthrough technologies. AI and robotics are rapidly advancing to make a difference with great potential in the rehabilitation sector. Robert Riener, full professor for sensory-motor…

Sowing protection of environment in young minds

One afternoon in the garden of my Sanya apartment complex, I saw five children breaking bamboo stalks for a mock battle. I told them it was harmful to the environment, but they ignored me. When I insisted, one boy retorted that it was none of my business, and a nearby man glared at me, prompting me to walk away. Returning later, I found they had broken two large bamboo stalks. When I asked if they were taught to protect plants in school, one boy flatly said, “No”. Although it’s an…

World’s energy pain is far from over

Major shocks don’t happen in isolation. Like an earthquake followed by a tsunami, the deeper damage unfolds later. It’s the same with the US and Israel’s strikes against Iran. What began as an energy disruption is morphing into a severe and persistent economic shock, especially in the Global South. At the peak of the crisis, oil prices surged more than 50 percent to $110-116 per barrel before easing slightly to $90-100 after the temporary ceasefire. Liquefied natural gas took an even harder hit, soaring as much as 143 percent to…

Shanghai aims to ‘unlock’ big ideas of AI

At an auto plant in Puebla, a historic city in central Mexico, a digital system introduced this year by a Chinese company has significantly improved production efficiency. The system’s provider is Black Lake Technologies, an industrial internet company based in Shanghai’s Changning district. Founded in 2016, Black Lake is currently developing industrial-grade artificial intelligence agents and actively expanding its overseas customer base, promoting a new “Made-in-China” model of intelligent manufacturing abroad. In the domestic market, the company also has big ambitions. “There are 5 million factories across China, but Black…

China ranks first in reserves of 14 minerals, production of 17 in 2025

China ranked first globally in reserves of 14 mineral types and in the production of 17 types last year, the Ministry of Natural Resources said at a news conference in Beijing on Wednesday. By the end of the 14th Five-Year Plan period (2021-25), China’s mineral resource reserves had increased significantly, with 14 minerals ranking first in the world. These include rare earths, tungsten, tin, molybdenum, antimony, gallium, germanium, indium, fluorite and graphite. The scale of China’s mineral production and metallurgical processing also led the world, with its position in the…

NDRC plans to unlock China’s untapped market potential

With the boosting of domestic demand a key priority during the 15th Five-Year Plan (2026-30) period, China will formulate and release an implementation plan to aid in accomplishing that goal, Wang Changlin, deputy head of the National Development and Reform Commission, said on Friday. “China’s advantages as a super-sized market have not been fully leveraged, and there remains enormous potential for consumption, especially service consumption,” Wang said, adding that the country will take further steps to boost consumption in the next phase. According to the NDRC, China will accelerate the…

Shiseido sees fresh growth points in Chinese mainland market

Japanese beauty and cosmetics brand Shiseido is optimistic about China and is seeing new growth points in the country, its top China executive said, while assuring that the company would continue to invest in the domestic market. “China is no longer following the trend. China is creating a new trend under diverse lifestyles,” said Toshinobu Umetsu, Shiseido China and Travel Retail CEO. Umetsu noted that China has a diversified consumption market. Consumer values are increasingly diverse, with various orientations and preferences. Consumers have, meanwhile, also evolved from focusing on basic…

China to grow 4.4% in 2026, IMF forecasts

The International Monetary Fund on Tuesday projected China’s economy to expand by 4.4 percent in 2026, a forecast that underscores the country’s resilience amid global headwinds from the Middle East conflict. The forecast was unveiled during the 2026 Spring Meetings of the IMF and the World Bank Group, or WBG, held in Washington from April 13 to 19. The latest World Economic Outlook was released as the heads of the IMF, the WBG, and the International Energy Agency met on Monday to coordinate their response to the conflict, one day…

Expo offers window to nation’s new business opportunities

As consumption in China continues to evolve with new formats and policy support, the China International Consumer Products Expo is becoming an important window for multinational companies to track shifts in the Chinese consumer market and explore new business opportunities, analysts and executives said. The six-day expo, which kicked off on Monday, is a major international event being held in Hainan province since the free trade port launched its island-wide special customs operations in December, offering companies a closer look at the policy environment and new investment prospects. Speaking at…