People shop at a downtown duty-free shop in North China’s Tianjin municipality, Nov 28, 2025. [Photo/Xinhua] Waiting in line for tax refunds, once a familiar scene for Chinese tourists at airports and designated tax-refund service points in luxury department stores such as Galeries Lafayette in Paris and Ginza Mitsukoshi in Tokyo, is fast becoming ubiquitous…
Customers choose Spanish ham and red wine at a store selling imported goods at Yiwu China Commodity City in Yiwu, Zhejiang province, on Jan 30. XU YU/XINHUA The “Shopping in China” initiative will create broader market opportunities for both domestic and foreign businesses, unlocking the potential of China’s vast consumer market and reinforcing the country’s…
CAI MENG/CHINA DAILY The capital market is not only a vital platform for resource allocation and innovation-driven development, but also a key hub supporting China’s long-term economic competitiveness and the enhancement of national strategic capacity. The draft outline of the 15th Five-Year Plan (2026-30) for national economic and social development clearly states that China must…
A Wuling vehicle is assembled on an automated production line in Liuzhou, Guangxi Zhuang autonomous region, on Jan 30. LI HANCHI/FOR CHINA DAILY China should establish its own intelligent driving standards and use the Guangxi Zhuang autonomous region as a “bridgehead” for promotion to Southeast Asia, a national lawmaker said. That would mark a significant…
If one were to judge the priorities of this year’s two sessions by the sheer density of cameras and voice recorders, the answer would be unequivocal: it’s the economy. As we step into the opening year of the 15th Five-Year Plan (2026-30), the atmosphere in the Great Hall of the People feels distinctively different. The…
A view of a data center in Qingyang, Gansu province. XINHUA Northwest China’s Gansu province is transforming its industrial base by pushing forward an industry-driven development strategy to modernize its economic structure and achieve high-quality growth. “As a traditional industrial base, transformation through innovation is imperative,” said Ren Zhenhe, governor of Gansu and a deputy…
The Jilin delegation holds a group deliberation on Saturday. [Photo provided to chinadaily.com.cn] As it enters the 15th Five-Year Plan (2026-30) period, Jilin aims to present a beautiful picture of high-quality development and make significant breakthroughs in its comprehensive revitalization, according to provincial deputies to the National People’s Congress. Huang Qiang, a deputy to the…
Yang Qinglong, a deputy to the 14th National People’s Congress and mayor of Guyuan, Ningxia Hui autonomous region, delivers a speech during the region’s open day during two sessions in Beijing on March 6. [Photo provided to chinadaily.com.cn] In China’s once-impoverished Xihaigu region, long known as one of the country’s harshest places to live, a…
Renowned Chinese artificial intelligence scholar Wang Jian stated that China’s approach to developing AI goes beyond focusing solely on the technology itself and its application scenarios. Instead, it considers AI’s broader role in driving societal advancement, which he believes can, in turn, further advance the technology. Wang, a member of the National Committee of the…
A Hong Kong member of the National Committee of the Chinese People’s Political Consultative Conference expressed confidence that China will achieve its 4.5-5 percent GDP growth target. Stephen Law Cheuk-kin, who also serves as president of the Hong Kong Institute of Certified Public Accountants, said the confidence is based on the strength of key industries…