Yiwu home to more than 10,000 foreign-funded business entities

By Liu Junguo, People’s Daily Nestled in Zhejiang Province, East China, Yiwu is a dynamic county-level city often celebrated as the “world’s supermarket,” boasting over 80,000 shops. Beyond its commercial prowess, Yiwu has evolved into a vibrant stage attracting entrepreneurs from across the globe. Here, a Pakistani doctoral student in medicine has crossed into business…

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Chinese smart technologies shine at 2026 Mobile World Congress

By Yan Huan, Xu Hailin, People’s Daily The 2026 Mobile World Congress (MWC) was recently held in Barcelona, Spain. This year marks the 20th anniversary of the world’s premier mobile communications industry event being held in Barcelona. Under the theme “The IQ Era,” MWC focused on intelligent infrastructure, AI connectivity and integration, enterprise-level AI applications,…

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A day in the life of China’s economy

By People’s Daily reporters Scene 1: Dawn at Ningbo-Zhoushan Port(5:00 AM) As dawn breaks over Ningbo-Zhoushan Port in east China’s Zhejiang province, the sea breeze carries the sounds of industry awakening. “Let’s begin!” directs a foreman. A massive bucket-wheel reclaimer swings into action, processing iron ore recently arrived from Brazil. The ore travels along conveyor…

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China’s NEV industry ascends global value chain

By Wang Zheng, People’s Daily China’s new energy vehicle (NEV) industry is accelerating its shift from rapid expansion to higher-quality growth, driven by breakthroughs in key technologies such as intelligent driving systems and advanced batteries. In early March, Chinese companies unveiled a new round of innovations in the core technologies underpinning smart, connected NEVs. On…

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Surging power demand reflects China’s robust economic momentum

By People’s Daily reporters China achieved a significant milestone in 2025, with total electricity consumption exceeding 10 trillion kilowatt-hours for the first time. This figure surpasses the combined electricity use of the United States, Germany, Japan, and India. Power consumption serves as a clear indicator of China’s economic trajectory. Innovation and Green Transition Drive Manufacturing…

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China’s opening up delivers growing global benefits

By He Yin, People’s Daily In today’s world, rising unilateralism and protectionism are severely undermining global development. The Global Cooperation Barometer 2026 released by the World Economic Forum warned that the current level of global cooperation remains insufficient to address major economic, security and environmental challenges. Amid this landscape, the international community looks to China…

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Who is undermining guardrails of nuclear arms control?

By Huan Yuping, People’s Daily In February of this year, the New Strategic Arms Reduction Treaty (New START) moved toward what observers described as a “natural death” after the United States declined to respond to Russia’s proposal to extend the treaty’s core limits. UN Secretary-General António Guterres warned that the risk of nuclear weapon use…

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China offers stability and certainty amid global uncertainty

By He Yin, People’s Daily “Amid global turbulence, China is charting a course for the future,” reads a recent international media commentary on China’s “two sessions” — the annual sessions of China’s top legislature, the National People’s Congress (NPC), and top political advisory body, the Chinese People’s Political Consultative Conference (CPPCC). The commentary highlights how…

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