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Tax refund policy refined to spur inbound spending

China has introduced a new policy that enables foreign visitors to claim departure tax refunds for purchases as low as 200 yuan ($27) per day at the same store, significantly reducing the previous threshold of 500 yuan. This is part of the country’s latest move to optimize the departure tax refund policy for foreign visitors.…

5G development across China is very impressive, GSMA head says

“The development of 5G and the beginning of the rollout of 5G-Advanced across China is very impressive,” Vivek Badrinath, director-general of GSMA, said in an interview with the China Daily website. The mobile economy has already contributed $1.2 trillion to China’s GDP and is projected to grow to $2 trillion in economic size in the…

Former Japanese PM wowed by China’s tech development, calling for Sino-Japan collaboration

Japan and China can leverage their respective strengths in a macro-micro partnership, particularly in the realms of artificial intelligence and robotics, to achieve mutual benefits and success, former Japanese prime minister Yukio Hatoyama said on Friday in Shanghai. Japan’s expertise in details and basic materials, combined with China’s strong organizational capabilities and impressive industrial achievements…

Crucial role for VPPs in securing power supply

An employee monitors the operation of a virtual power plant in Wuhu, Anhui province. [XIAO BENXIANG/FOR CHINA DAILY] Virtual power plants (VPPs) are becoming critical tools to secure electricity supply and enhance the utilization of renewable energy resources, at a time when global power demand is growing, a consensus view shared recently showed. With shared…

Multiple moves on table to spur consumption

A drone photo taken on April 6, 2025 shows tourists interacting with black-tailed gulls on the coastal of a wildlife park near Xixiakou village, Rongcheng city, East China’s Shandong province. [Photo/Xinhua] China is likely to announce additional stimulus policies, including extra fiscal support, targeted monetary easing and stronger consumption-boosting initiatives, to put its economic growth…

Linyi product exhibition in Malaysia a success

The 2025 Malaysia China Linyi Product Exhibition, held from April 25 to 26 in Kuala Lumpur, the capital of Malaysia, saw fruitful results, attracting over 500 buyers from Malaysia and generating more than $80 million in on-site transactions. Exhibitors and buyers spoke highly of the event, calling it a key platform for future business growth…

Vivo unveils latest phones aimed at photo lovers

[Photo provided to chinadaily.com.cn] Chinese smartphone vendor Vivo announced the official launch of its latest flagship smartphones, the X200 Ultra and X200s series, setting a new benchmark for high-end mobile experiences after the company secured its position as the largest smartphone vendor by shipments in China last year. The move also came after Vivo’s X200…

Regulator monitoring CK Hutchison’s planned port asset sales

China’s market regulator said it is closely monitoring CK Hutchison’s planned port asset sales and warned the company and its partners not to bypass antitrust scrutiny. The State Administration for Market Regulation said in a statement to China Daily on Sunday that the regulator is “highly concerned” about the transaction and will conduct a review…

Guangdong’s robot industry shows strong growth in Q1

Portable robots are displayed at the tech company UBTECH in Shenzhen, South China’s Guangdong province, March 26, 2025. [Photo/Xinhua] South China’s Guangdong province, a global production base, produced 63,200 sets of industrial robots and another 1.94 million sets of service robots in the first quarter. The figures represented a year-on-year increase of 31.1 percent and…

Significant progress in HV cable testing tech

China recently made a significant breakthrough in high-voltage cable testing technology with the successful application of its first domestically developed special test bushing for connecting both inside and outside high-voltage switchgear rooms. The technology, developed by State Grid Zhoushan Power Supply Co, was applied during the cable tolerance voltage test at the 110-kilovolt Daixi substation…