South Korea's so-called possible anti-subsidy investigation into Chinese electric vehicles (EVs) does not stand a ground due to Chinese EVs' relatively small market share in the country, said a Chinese observer, noting that is more equate to a form of "gesture declaration" by the South Korean government under the sway of the trade protectionism of the US and the EU and their wrongdoings of politicizing economic matters.

Despite a complex and grim international environment, foreign financial institutions continued to briskly increase their investment in China in 2024, eyeing huge dividends brought about by the country's long term stable growth. At the critical moment for promoting high-quality growth, top meetings and a series of policies set the direction for the reform and opening-up in the financial industry. This article is one of a series looking back at China's economic work this year and sheds light on materializing the vision of building a financial powerhouse.

The foreign trade volume of Northwest China's Xinjiang Uygur Autonomous Region hit 403.11 billion yuan ($55.23 billion) from January to November, 2024, an increase of 26 percent year-on-year, the fastest growth rate nationwide for the period, China Media Group (CMG) reported on Friday.

Chinese holdings of US Treasury bonds fell to $760.1 billion in October, according to data released by the US Department of the Treasury on Thursday (US time). It marked a fourth consecutive month that China's holdings of US Treasury bonds decreased, data showed.

This year is deemed pivotal for high-quality development of China-proposed Belt and Road Initiative (BRI), which has just celebrated its 11th anniversary. What are the major advancements BRI has made despite rising volatility in the world? And what role has the initiative played in facilitating regional growth and strengthening the global economy? As 2024 draws to a close, the Global Times is publishing a series of articles scoping the journey of BRI throughout the year. This is the second installment of the series.

A sea-launched version of Ceres I (Remote 4) solid propellent rocket blasted off in East China's Shandong Province at 6:18 pm on Tuesday, sending four satellites into low-Earth orbit (LEO) at an altitude of 850 kilometers.

Workers assemble new-energy commercial vehicles at an industrial park in Wenzhou, East China's Jiangsu Province, on December 18, 2024. In November, output and sales of China's commercial vehicles hit 327,000 and 315,000, up 12.8 percent and 5.6 percent compared with previous month, respectively. Photo: VCG

An intermodal transport center of the New International Land-Sea Trade Corridor officially commenced construction on Wednesday in Fangchenggang, South China's Guangxi Zhuang Autonomous Region, which will further improve the capability of the international logistic artery as well as regional connectivity, China Media Group reported.

A recent study conducted by a research team of the Institute of Silk Road Studies at Beijing Foreign Studies University (BFSU) revealed that foreign travelers in China are experiencing improved mobile payment services.

Canada plans to expand unilateral trade measures on Chinese imports by levying tariffs on a number of Chinese products as early as next year, a report by the Canadian Department of Finance showed. The new restriction comes after Ottawa in October slapped a 100 percent tariff on all Chinese electric vehicles and a 25 percent tariff on imports of Chinese steel and aluminum products, as analyst said the move could be considered as Trudeau government's attempt to woo the Donald Trump administration.

The UK-China relationship has undoubtedly faced significant challenges in recent years. Diplomatic tensions, evolving global priorities, and domestic political shifts have all contributed to what can be described as a delicate period. However, amidst these challenges, there is a growing recognition that collaboration - particularly through business - presents a path forward.

A worker manufactures photovoltaic panels at a workshop in Suqian, East China's Jiangsu Province on December 17, 2024. In the first three quarters of 2024, China's exports of the “new three” – electric vehicles, lithium batteries and photovoltaic products – hit 757.83 billion yuan. Photo: VCG

China's economic outlook remains highly promising, and its dedication to reform positions it as a global hub for innovation and collaboration, Jack Perry Jr, Chairman of the 48 Group, told the Global Times on Tuesday. He stressed that the group stands ready to play its part in supporting China's high-quality development and fostering shared progress for a sustainable future.

The first batch of direct cargo through Chancay port in Peru has completed customs pre-declaration procedures, and will arrive at Shanghai on Wednesday, China Media Group reported on Tuesday.

To obtain fairer prices, an increasing number of young people in China are disguising their cyberspace personas to counter the so-called algorithm-driven price discrimination.

At present, China's economy has entered a steady path of growth. While this natural growth model may not match the rapid pace of the previous high growth rates, largely driven by government and corporate investments, it is still characterized by stability and sustainability. And throughout this transformation, China's economy has showcased numerous bright spots.

The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting in Beijing to analyze and plan the economic work in 2025. The meeting underscored the need to vigorously boost domestic consumption, improve investment efficiency, and "expand domestic demand on all fronts."

The Central Economic Work Conference, which was held in Beijing from Wednesday to Thursday, set priorities for the economic work in 2025, including the use of scientific and technological innovation to lead the development of new quality productive forces and build a modern industrial system.

There is positive news regarding the marine industry, also known as the "Blue Economy," from the 2024 China Marine Economy Expo (CMEE), which was held recently in Shenzhen, South China's Guangdong Province, in the center of the Greater Bay Area (GBA).

China firmly opposes politicization and overstretched concept of national security in dealing with 5G issues and calls for fair, just, and equal treatment of all enterprises, said a spokesperson for the Chinese Embassy in Costa Rica on Thursday, commenting on Costa Rica's recent allegations about Huawei.

Savino Del Bene, founded in 1899 in Florence, celebrates an important milestone in 2024: 125 years of history, during which it has become a global reference point in the transport and logistics sector. With a network of 340 offices in 60 countries, the company relies on the contributions of 6,000 employees, generating annual revenue that reached 2.7 billion euros ($2.8 billion) in 2023.

Up until now, we have only provided car carriers to the Far East. However, starting from 2025, we will have multipurpose ships that can load trucks, project cargo, containers, and Ro-Ro. The new deep-water maritime line will link Shanghai with Lagos, where we have a sizable terminal, and from which we will distribute the ships that service the line from and to North Europe throughout all of West Africa," announced the shipowner Gianluca Grimaldi during the Euromed Convention of the group to Athens, emphasizing that on the operational front the most interesting developments will still come from Asia and Africa. "The new connection will be operated with three dedicated ConRo ships, and the line is studied regardless of the safety conditions and transits in the Red Sea and the Suez Canal," he said. "Indeed, we will have few competitors who will pass through West Africa when everyone returns to sail on the Suez Canal."

China's first large-scale floating liquified natural gas (FLNG) facility "NGUYA FLNG" on Wednesday completed domestic transfer from Nantong of Jiangsu Province to Zhoushan of Zhejiang Province, both in East China, for further assembling, integrating and modulating, another milestone of China's marine engineering equipment development.

Commenting on the US commerce department's decision on Tuesday to add two Chinese high-tech firms to "Entity List" for so-called "human rights violations," Chinese Foreign Ministry (FM) spokesperson Mao Ning said on Wednesday that the so-called sanctions are a blatant suppression of Chinese high-tech companies in the name of human rights.

China Rural Revitalization magazine has published a series of articles on the rapid development and transformation of rural China. The articles reflect the arduous efforts of rural revitalization across the country, which is an important and genuine solution to China's rural economic development. In the future, articles selected from this series will be published.

US electric carmaker Tesla is set to roll out its V4 superchargers in the Chinese mainland in 2025, as the company is increasing its investment in the world's largest car market for greater development opportunities.

China's National Financial Regulatory Administration (NFRA) has greenlighted German investment firm Allianz Global Investors GmbH's investment in Chinese insurance firm Guomin Pension & Insurance Co, the latest move in China's opening-up of the financial sector.

China has released a number of upward economic data in recent days about its economy, relating to manufacturing, retail sales, transportation and capital market performance, which analysts said point to rising momentum of recovery, spurred by the government's pro-active financial and fiscal policies.

As the November sales of cars in the domestic market were released on Monday, several Chinese car companies have met their annual sales targets ahead of schedule by November. In particular, BYD's sales so far this year outsell some of the largest car manufacturers in the world, such as Ford and Honda.

China set up the country's first quantum computing and data medicine research institute in Hefei, East China's Anhui Province on Sunday. The institute is expected to pioneer the application of quantum computing power in the medical field, the Global Times learned.

The Shenzhen municipal government announced Sunday via its official WeChat account that Luye Medical Group has signed an agreement with the city's health commission to establish an international medical headquarters and a wholly foreign-owned specialty hospital. This marks the first such project in China, a significant step in the country's efforts to open its services sector.

China and Europe have deeply integrated industrial and supply chains, and there are broad prospects for economic and trade cooperation, Ling Ji, Chinese Vice Commerce Minister and Deputy China International Trade Representative, said on Friday.

Huawei's new foldable phone Mate X6 kicked off selling at 10:08 am on Friday, sparking a wave of consumer excitement, with the smartphones immediately selling out on its official Huawei mall.

A series of recent data show that as the effects of incremental financial policies and other pro-growth policies continue to manifest, the vitality and development confidence of small- and medium-sized enterprises (SMEs) continue to improve.

China's Ministry of Commerce (MOFCOM) on Thursday defended China's new measures to tighten export controls on specific dual-use items to the US and voiced strong objections to the US' act of generalizing national security and abusing export control measures to engage in unilateral bullying of Chinese companies following reports that Washington pledged "necessary steps" against China's latest move.

A super satellite manufacturing factory is expected to commence operation at the Wenchang International Aerospace City in South China's Hainan Province in June 2025, the aerospace city said in a statement on Thursday, noting that the factory will have the capacity to enable satellites to be launched immediately upon delivery.

In early December, China held the fourth symposium on Belt and Road construction work. It provides a window to summarize the development of the Belt and Road Initiative (BRI) over the last 11 years that has helped transform the global landscape.

China welcomes Chile to continue to hold Chile Week events in China and is pleased to see increasingly closer mutually beneficial cooperation between the two countries which deliver tangibly to our peoples, China's Ministry of Foreign Affairs spokesperson Lin Jian said on Tuesday, when commenting on the ongoing Chile Week China, which is the largest-scale and highest-level promotion event that Chile has held in China for several consecutive years.

Overseas financial institutions including JPMorgan and Citi recently raised the target share prices for major Chinese companies such as Meituan and BYD. Their moves indicate the growing confidence of international investors in the country's capital market development.

China has relaxed rules on foreign investors' strategic investment in listed companies starting from Monday in a move to expand foreign investment channels in China's stock market and encourage foreign investors to make long-term and value investments in the country.

China on Monday vowed to take resolute measures to protect the legitimate rights and interests of Chinese enterprises in response to reports that the US is preparing to implement a new round of chip export restrictions targeting China.

As 2024 approaches to the end, the vitality of China's economy is becoming increasingly evident. Recent economic indicators point to a tick-up in the country's economic performance in the fourth quarter.

Since October, driven by incremental pro-growth policies such as equipment upgrading and consumer goods trade-ins, the recovery of the Chinese economy has gained further traction.

As more than 600 companies from around the globe attend the 2nd China International Supply Chain Expo (CISCE II) in Beijing, which runs through Saturday, the theme of collaboration for mutual development has been further emphasized.

China unveiled a work plan on Friday to pilot foreign-owned hospitals in certain provinces and cities, further opening up its healthcare sector. The plan aims to attract high-quality international medical resources and diversify domestic healthcare services.

Annual price negotiations with suppliers are customary in the automotive industry, Li Yunfei, general manager of Chinese carmaker BYD's Brand and Public Relations Department, said on Wednesday. The post came after a leaked e-mail sent from BYD to its suppliers showed that the automaker asked suppliers to reduce prices by 10 percent from January 1, 2025.

Chinese tech giant Huawei officially unveiled its Mate 70 series smartphones at a gala event on Tuesday. The new series features Huawei's own operating system (O/S) and includes the world debut of a satellite paging system for mobile phones. This marks a significant step in Huawei's efforts to lead innovation in the smartphone sector, experts said.

As the annual festive season draws near, a wide array of Christmas goods from Yiwu city in East China's Zhejiang Province, known for being the world's small commodities hub, are poised to be shipped all around the world, highlighting the strong global demand for China-made festive goods.

A robotic dog pulls a child on a sleigh at the Lianhuashan ski resort in Changchun, Northeast China's Jilin Province, on November 22, 2024, the opening day of the ski resort this winter. In addition to interacting with tourists, the newly launched six new robotic dogs are also able to engage in multiple service tasks such as cargo transportation, emergency aid and security patrols. Photo: VCG

Currently, the interconnectivity and infrastructure among South American countries remain underdeveloped. Flying from Colombia to Florida is often cheaper than to neighboring Brazil. This highlights significant logistical challenges that impede regional travel and trade. Improved infrastructure would enable more efficient connectivity and strengthen economic ties within the continent.

China and Brazil signed a series of cooperation agreements last year in areas such as poverty reduction, digital economy, and telecommunications, showcasing common pursuit to create new growth drivers and promote high-quality cooperation to benefit their people and reflecting the win-win cooperation trend between China and Latin America. Global Times reporter Ma Tong (GT) conducted an inclusive interview with Marcos Cordeiro Pires (Pires), a professor at the Department of Political and Economic Sciences, São Paulo State University in Brazil to discuss the thriving economic and trade ties between China, Brazil, and the entire Latin American region.

Whether because of the language barrier or limited local news coverage, people in Lima, capital of Peru, and Rio de Janeiro in Brazil, appear to be unfamiliar with the Belt and Road Initiative (BRI), unlike many places in Asia and Africa, where mention of the BRI often prompts locals to raise their thumbs.

Cross-border e-commerce is an effective force in international trade, and so is cross-border e-commerce in China, China International Trade Representative and Vice Minister of Commerce Wang Shouwen said on Friday at a press conference introducing measures to support foreign trade.

China will step up efforts to upgrade its traditional network infrastructure, boost the development of 5G toward 5G Advanced, or 5G-A, and comprehensively propel 6G technological research and innovations, the National Data Administration said on Friday.

China's Ministry of Commerce (MOFCOM)will plan the car trade-in follow-up policy in 2025 in advance, while scientifically evaluating relevant policy achievements this year in a bid to stabilize market expectations to facilitate used vehicle transactions, Song Yingjie, an official with the MOFCOM department for consumption promotion, said on Thursday.

On Tuesday, a China-Europe freight train carrying daily goods, electronics and machinery equipment departed from Jiangxi Province's Ganzhou International Inland Port, in East China, marking the 2,000th trip of its kind. The train passes through Erenhot Port in North China's Inner Mongolia Autonomous Region, reaching its European destination in about 15 days.

China's financial sector will continue to open wider and the country is committed to creating a market-oriented, law-based and international business environment to support foreign institutions to participate more comprehensively and deeply in the Chinese financial market, Chinese senior officials said on Tuesday at the ongoing 2024 Global Financial Leaders' Investment Summit held in Hong Kong Special Administrative Region (HKSAR).

Brain-computer interfaces (BCI) technology is advancing rapidly in China, according to scientists and experts at a recent industry forum held on Saturday. The research on BCI technology in China has reached a pivotal stage, transitioning from laboratory research to market applications. Analysts said this progress is poised to significantly contribute to economic growth and foster new competitive advantages.

Chinese automaker BYD delivered its 10-millionth new-energy vehicle (NEV) on Monday, marking the first time any automaker worldwide has achieved this milestone, the company announced on Monday.

Artificial general intelligence start-up Kimi, owned by Chinese AI start-up Moonshot AI, on Saturday launched its first reasoning AI model k0-math. The model can be compared to US-based OpenAI's reasoning AI series o1, including the o1-mini and o1-preview, in certain mathematics tests.

With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They selectively highlight information and distort facts to promote their narratives like “Peak China,” while ignoring China's economic resilience and growth potential. To set the record straight, the Global Times is launching a multimedia project featuring in-depth articles, analyses and visual arts to provide a balanced and accurate portrayal of the Chinese economy. This is the 17th installment of the series.

Since the resumption of bilateral relations three years ago, both sides have been working with a sense of urgency to promote the development of China-Nicaragua friendly relations. Key agreements have been reached, including the joint development of the Belt and Road Initiative (BRI) and a Free Trade Agreement (FTA) between China and Nicaragua, which came into effect in 2024, marking a landmark achievement in bilateral cooperation.

The 2024 International Low Altitude Economic Expo was successfully held in Zhuhai, South China's Guangdong Province from Sunday to Tuesday, attracting professional attendees from more than 20 countries and regions worldwide to witness the latest technological advancements and innovative applications in the low-altitude economy and unmanned systems.

Despite the EU's recent implementation of imposing high tariffs on Chinese electric vehicles (EVs), negotiations for alternative solutions continue, and both sides have shown an intention to manage their differences and avoid further escalation in trade tensions.

China Rural Revitalization magazine has published a series of articles on the rapid development and transformation of rural China. The articles reflect the arduous efforts of rural revitalization across the country, which is an important and genuine solution to China's rural economic development. In the future, articles selected from this series will be published.

China's homegrown civil airship, the AS700 "Xiangyun," received 10 new purchase orders on the opening day of the Airshow China 2024 in Zhuhai, South China's Guangdong Province, and the developer said the maiden commercial flight of the airship is set to begin soon.

Against the backdrop of global energy transformation, the aviation industry is accelerating decarbonization, and sustainable aviation fuel (SAF) has become a hot topic. Global Times has learned that many airlines have announced that they will use SAF to promote the goal of net zero emissions and have launched relevant layouts; some large oil companies have also begun to focus on related capacity construction.

CAS Space, Chinese commercial aerospace company, successfully sent 15 satellites into orbit with its solid rocket Kinetica-1, also known as Lijian-1, on Monday. The flight also deployed an intelligent remote sensing satellite for Omani client, marking the Chinese private rocket firm's first collaboration with international client.

Foreign business representatives at the ongoing 7th China International Import Expo (CIIE) in Shanghai applauded on Friday the expansion of scope of the unilaterial visa-free policy issued by the Chinese government and said the move will facilitate business activities and people-to-people exchanges.

Chinese, EU technical teams held five rounds of in-depth consultations on the specifics of the electric vehicle (EV) price commitment plan from November 2 to 7 in Beijing, achieving notable progress, a spokesperson for China's Ministry of Commerce said on Friday.

US food and agricultural companies are actively seeking opportunities at the 7th China International Import Expo (CIIE), and have already successfully secured numerous deals.

The innovative digital yuan visual hard wallet was launched at the 18th Shenzhen International Financial Expo on Thursday, introducing a safer and more accessible way to use of the digital currency.

TikTok said on Thursday that it will challenge Canada's order to shut down its operations in Canada, saying that Ottawa's move of destroying hundreds of well-paying local jobs is not in anyone's best interest.

UnionPay International, a subsidiary of Chinese card payment giant China UnionPay, announced on Wednesday that UnionPay cards issued overseas now fully support binding with Alipay and WeChat Pay, which will provide foreign visitors with more diverse and convenient payment choices in China.

Shenzhen-based Deeproute.ai, an emerging player in autonomous driving, announced Tuesday that it has secured $100 million in exclusive investment from a top domestic automaker. The company aims to use this funding to scale its advanced driver-assistance systems and capture more market share before Tesla's Full Self-Driving (FSD) technology enters China.

Chinese Commerce Minister Wang Wentao on Sunday met with visiting French trade official Sophie Primas in Shanghai, noting that China's trade remedy investigations into brandy, pork, and dairy products from EU complied with WTO rules and China's domestic laws.

With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They selectively highlight information and distort facts to promote their narratives like “Peak China,” while ignoring China's economic resilience and growth potential. To set the record straight, the Global Times is launching a multimedia project featuring in-depth articles, analyses and visual arts to provide a balanced and accurate portrayal of the Chinese economy. This is the 16th installment of the series.Training highly skilled workers is of great significance for China's manufacturing sector take-off, allowing the world's manufacturing hub to adapt to the needs of new industrialization in order to fulfill the goal of Chinese modernization at an early date.

Wednesday marked the 15th anniversary of the ChiNext board, a Nasdaq-style board for growth enterprises in China, which opened for trading on October 30, 2009. After 15 years of rapid growth, the board has become an important incubator for the development of high-quality private enterprises, and it vigorously propels innovative economic development and industrial upgrades.

South China's Guangzhou Baiyun International Airport welcomed flight 8B167 from Manado Sam Ratulangi International Airport, Indonesia on Tuesday. The flight, operated by Chinese-made aircraft COMAC ARJ21 model, marked the longest commercial route made by the aircraft, according to CCTV News.

Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days.

The official groundbreaking for a manufacturing facility for Xpeng Aeroht's flying car took place on Sunday in Guangzhou, South China's Guangdong Province. The site will produce the "Land Aircraft Carrier," a land-air split-type flying car, with a planned annual capacity of 10,000 vehicles. It is the world's first modern assembly line dedicated to the mass production of flying cars, the company said on its website on Sunday.

China's Commerce Minister Wang Wentao on Friday met with Apple CEO Tim Cook in Beijing, welcoming the US-based tech giant to seize opportunities and expand in the Chinese market and vowing to further optimize the business environment and provide high-quality services for foreign businesses.

Several US firms have recently disclosed their third-quarter financial results, highlighting their strong performance in the Chinese market and reaffirming their commitment to continued investment in the country.

Chinese lidar manufacturer Hesai Technology Co said on Thursday that it will continue the legal process against the US Department of Defense (DOD) after being re-added to the "Chinese Military Companies" (CMC) blacklist.

China's first domestically developed mobile operating system (O/S), HarmonyOS NEXT, Huawei's native mobile O/S, was officially released on Tuesday. This marks the world's third major mobile O/S following Apple's iOS and Android, media reported.

Whenever you spot a big crowd of global buyers gathering at a booth in the Canton Fair complex, it's clear that high-tech, high-value-added products, such as industrial automation equipment, humanoid robots, intelligent bionic hands and hydrogen bicycles, are showcased by Chinese exhibitors.

German carmaker Mercedes-Benz has reiterated its opposition to the European Union's (EU) planned tariffs on Chinese electric vehicles (EVs), urging a delay in implementing these highly controversial measures to avoid harming interests of both sides.

The 2024 Paris Motor Show concluded here on Sunday, with electric vehicle (EV) manufacturers from China, Europe and the United States showcasing their latest models as competition in the global EV market intensifies.

Italian insurance giant Generali is optimistic about China's economic prospects, eyeing cooperation opportunities with Chinese companies in a wide range of fields including electric vehicle (EV), Pierre Martelly, chief insurance officer of Generali International Asia, said in Beijing on Saturday.

Chinese drone maker DJI filed a lawsuit against the US Department of Defense (DoD) on Saturday, challenging its inclusion on the “Chinese Military Companies” (CMC) blacklist and seeking to be removed from the list.

Chinese drone maker DJI filed a lawsuit to challenge the U.S. Department of Defense (DoD) on Saturday, seeking to be removed from the blacklist of alleged Chinese military companies.

A worker welds a metal part during a welding competition at a construction site of the Fuyang-Huainan Railway in East China's Anhui Province on October 18, 2024. The total length of China's railway in operation has surpassed 160,000 kilometers, with more than 46,000 kilometers of which being high-speed railway, ranking first in the world. Photo: VCG

China has recently given the green-light to the establishment of wholly foreign-owned hospitals in select cities and regions, marking one of its latest efforts to open up the services sector. Some analysts said this could be a "Tesla moment" for China's healthcare industry.

The US government is restricting Chinese dronemaker DJI from exporting select drones to the US in what appears to be part of "a broader initiative by the Department of Homeland Security to scrutinize the origins of products, particularly in the case of Chinese-made drones," DJI told the Global Times on Thursday.

Animal Wellness Products (AWP), an Italian company from Castelnuovo Rangone, in the Modena province, has had a lot of success in the Chinese market. The company was founded and is still currently led by Paolo Cristofori as its CEO. It was him, alongside his 8 million euros in revenue company, who reached out to Chinese farmers.

Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China.Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China.Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China. Animal Wellness Products (AWP), an Italian company from Castelnuovo Rangone, in the Modena province, has had a lot of success in the Chinese market. The company was founded and is still currently led by Paolo Cristofori as its CEO. It was him, alongside his 8 million euros in revenue company, who reached out to Chinese farmers.

Amplifon, a global leader in hearing solutions, is focusing on China. With over 400 stores across 15 regions, it is one of the country's key operators.

China's major e-commerce platform JD.com on Wednesday refuted defamatory rumors about the personal lives of its founder Liu Qiangdong and his wife Zhang Zetian. The couple have filed a police report, and the case is currently under investigation, according to a statement released by the company's official Weibo account on Wednesday.

Chinese autonomous driving firm WeRide launched on Tuesday its latest robotaxi model, the GXR. It comes after Tesla's release of its CyberCab, which is also intended to serve as a public taxi and shared transportation services.

As drones are increasingly becoming more common in daily life, new drone-related jobs are continuously emerging, such as drone assembly engineers, maintenance technicians and drone pilots. Particularly with the rise of the low-altitude economy in China, demand for talent is growing rapidly.