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Premier Li Qiang shakes hands with Mercedes-Benz CEO Ola Kallenius on Sunday in Beijing before the opening ceremony of the China Development Forum 2025.Wang Zhuangfei/China Daily

Premier Li Qiang shakes hands with Mercedes-Benz CEO Ola Kallenius on Sunday in Beijing before the opening ceremony of the China Development Forum 2025.Wang Zhuangfei/China Daily

Consumption, innovation offer momentum

China's economic transition is gaining momentum as initiatives to boost consumption and drive innovation take center stage, which can inject greater certainty into the global economic landscape and provide broader space in which multinational companies can thrive, officials and business executives said on Sunday.

TOP NEWS

Trilateral meet stresses key role of cooperation

The latest meeting of the foreign ministers of China, Japan and the Republic of Korea has provided a timely and vital platform for the three neighbors to enhance mutual understanding and maintain the good momentum of trilateral cooperation, observers said.

CHINA

Phase II of space project completed

China achieved a significant milestone in space science on Friday with the completion and national approval of the Chinese Meridian Project Phase II.

WORLD

India slaps 12% tariff to shield steel industry

India plans to impose a 12 percent "safeguard duty" on certain steel products for 200 days to protect its domestic industry from "serious injury" caused by a spike in imports.

LIFE

Digital nomads' shifting landscapes

Picture this: Trading the monotonous hum of fluorescent office lights for the soothing rhythm of tropical ocean waves or the quiet buzz of a cozy cafe in a centuries-old village.

CULTURE

San Francisco Opera unveils The Monkey King

The monkey king, one of the most beloved characters in Chinese literature, is set to make his Western operatic debut.

COMMENT

Path to common development requires commitment to openness and collaboration

In a world increasingly marked by geopolitical tensions and economic uncertainties, China has once again reaffirmed its commitment to openness, global collaboration, and sustainable development.

GLOBAL VIEWS

Confidence boost

Multipolarity as the emerging structure of contemporary international relation is shaped by the objective historical course from which emerging economies and countries in the Global South are translating their sovereignty to independent course of action and seeking inclusion and participation in devising and shaping global agenda. The rise of the countries in the Global South is giving impetus to the emerging trend of multilateralism as the central theme in global governance and consequently, institutionalizing the structural framework of multipolarity as the compelling praxis for global affairs.

BUSINESS

Low-altitude economy on cusp of takeoff

China's low-altitude economy, a strategic emerging sector that is key to developing new quality productive forces, is poised to fly high following its inclusion in the Government Work Report for two consecutive years now.

BUSINESS INSIGHT

Balance sought between govt intervention, mkt

What is China's new economic momentum? Recently, my colleagues and I conducted a study on the evolution of industries amid economic fluctuations.

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