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Chinese mainland, Hong Kong agree to promote services trade

Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, speaks at a signing ceremony of a document on amending the service trade agreement under the Closer Economic Partnership Arrangement (CEPA) in Hong Kong, Oct 9, 2024. [Photo/Xinhua] BEIJING – The Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) have…

China calls on US to lift sanctions

China-made products on display during a recent expo in Los Angeles. ZENG HUI/XINHUA Stable China-United States business ties would contribute to the security and stability of global industrial supply chains, fostering a favorable policy environment for collaboration between companies from both sides, said market watchers and business executives on Wednesday. China’s Ministry of Commerce said…

China’s central bank launches swap facility to boost capital market development

BEIJING – China’s central bank announced Thursday that it has decided to set up Securities, Funds and Insurance companies Swap Facility (SFISF), with the initial scale of 500 billion yuan ($71 billion) for “the healthy and stable development of the capital market”. Tanks to chinadaily.com.cn Please visit: Our Sponsor

China’s anti-dumping measures against EU fully compliant with WTO rules

A vessel is docked at a container terminal in Duisburg, North Rhine-Westphalia, Germany, in October last year. The city is a key hub for trade between China and Europe. [Photo/Agencies] China’s anti-dumping measures on imported brandy from the European Union are fully compliant with the World Trade Organization’s rules, the Ministry of Commerce said on…

Bayer opens life sciences incubator in Shanghai

A view of Bayer’s booth at an expo in Shanghai. [Photo/China Daily] Upbeat about China’s innovative pharmaceutical market, German life sciences company Bayer has said it will keep investing in China and looks forward to more collaborations with local partners. “China has become an increasingly important source of innovation in global life sciences. It is…

Holiday travel bookings soar up for National Day

Passengers wait for trains at Taiyuan South Railway Station in Taiyuan, Shanxi province on Oct 7, 2024. [Photo by Zhu Xingxin/chinadaily.com.cn] China’s just-concluded National Day holiday period saw record-high bookings of travel products for outbound trips, and bookings made by residents of small Chinese cities, especially from western China, grew rapidly, domestic online travel agencies…

Inside Jiangsu’s busy semiconductor workshop

Share – WeChat A worker is busy on the production line of electronic components to fulfill domestic and foreign orders at Poppula, a Chinese semiconductor producer in Suqian, Jiangsu province on Oct 8, 2024. So far, the company’s product sales has covered 21 provinces and autonomous regions across China and 72 countries and regions around…

Home sales up in holiday period

A potential homebuyer in Guangzhou, Guangdong province, looks at a property model during the just-concluded National Day holiday. ZHOU WEI/FOR CHINA DAILY Home sales and inquiries by potential buyers rose considerably in benchmark cities including Beijing and Shanghai during the just-concluded National Day holiday, thanks to a number of optimization measures rolled out by the…

Audi releases guidebook on Beijing’s ancient trees

Miriam Mayer-Ebert, Audi China’s executive vice-president of operation and transformation, speaks at the launch ceremony of the Beijing Biodiverse City Ancient Tree Guidebook on Oct 8, 2024. [Photo provided to chinadaily.com.cn] German premium carmaker Audi released a guidebook on Tuesday on ancient trees in Beijing, as part of its efforts to protect urban biodiversity and…

China considers to increase tariffs on vehicle imports

China is considering measures to raise tariffs on imports of large-displacement fuel vehicles, said the Ministry of Commerce on Tuesday. The country also announced on the same day that it will impose provisional anti-dumping measures on certain brandy imports from the European Union in the form of cash deposits, effective on Friday. Regarding the ongoing…