Visitors inquire about products at the China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Tuesday. [Photo/Xinhua] A “substantial upgrade” of the China-ASEAN Free Trade Area (CAFTA) may be announced during an upcoming summit in Laos, said Kao Kim Hourn, secretary-general of the Association of Southeast Asian Nations, on Wednesday. Noting that China and member…
Visitors head to the Nanning International Convention and Exhibition Center, the venue of the 21st China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, Sept 24, 2024. [Photo/VCG] The 21st China-ASEAN Expo opened on Tuesday in Nanning, Guangxi Zhuang autonomous region. As a key node for regional economic ties, the expo not only witnessed a steady…
A view of the venue for the 21st China-ASEAN Expo in Nanning, South China’s Guangxi Zhuang autonomous region. [Photo/VCG] Cooperation agreements worth a total of 14.6 billion yuan ($2.1 billion) were signed on Wednesday to facilitate a China-Malaysia industrial park project and commodity trading between China and the Association of Southeast Asian Nations. The deals were…
The top leadership of the Communist Party of China called for stabilizing the real estate market and strengthening fiscal and monetary policy support at a meeting on Thursday, vowing to strive to hit the targets for this year’s economic and social development. Economists and market analysts said the meeting reflected top policymakers’ intensified emphasis on…
A robot poses during the 2024 China International Fair for Trade in Services in Beijing on Sept 12. [Photo/Xinhua] BEIJING — “Unbelievable! I thought she was a real person!” a visitor exclaimed in amazement after finding out that the livestreamer selling beauty products on a large screen was a digital production. The digital livestreamer named…
Potential homebuyers look at a property model in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE It is increasingly necessary for China to reduce interest rates on existing mortgages as soon as possible to revive consumer confidence, stabilize housing market expectations and meet the annual economic growth target, analysts said. “The public is eagerly looking forward…
When Gao Shangjun, the seventh-generation heir of Gao’s Mooncakes, opened the electric oven, the sweet aroma of mooncakes filled the air. The pastry chef skillfully combines flour, oil, and water, kneading the dough until it is as smooth as jade. After rolling the dough, adding the filling, and shaping, the mooncakes are placed in the…
China has launched an anti-discrimination investigation into Canada’s recent trade-restrictive measures targeting imports of Chinese-made electric vehicles and steel and aluminum products, the Ministry of Commerce said on Thursday. The initial information and evidence gathered indicate that Canada’s imposition of additional tariffs on targeted Chinese imports constitutes discriminatory trade measures under Chinese law, the Ministry…
Customers participate in a themed promotional event at Haikou International Duty-Free City. [Photo provided to chinadaily.com.cn] CHENGDU – Local authorities in China have issued consumption vouchers to boost spending ahead of the country’s National Day holiday, a major occasion for consumption. On Thursday, the Sichuan provincial department of commerce announced that the province will pour…
In an exclusive interview with China Daily, David Tait, CEO of the World Gold Council said the Chinese gold market, which is evolving from a follower to a leader, is expected to play a bigger role globally in the years to come. Tait said China’s incredible achievements highlight the country’s crucial role and influence in…