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New manual on NACE Rev. 2.1 classification is out

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Cross-boundary Payment Connect system set to boost Hong Kong’s financial role

A view of the Victoria Harbor in Hong Kong. [Photo/IC] The milestone Payment Connect program launched in China on Sunday offers a more convenient and cost-effective solution for cross-boundary transactions, said experts and residents, who highlighted its significance in boosting connections, promoting the internationalization of the renminbi and reinforcing Hong Kong’s position as a financial…

China vows to protect rights of Chinese companies against EU ban

China has urged the European Union to immediately correct its wrongful practices and pledged to take necessary measures to firmly safeguard the legitimate rights and interests of Chinese companies, said the Ministry of Commerce on Tuesday. The European Commission, the executive arm of the EU, decided last week to bar Chinese companies from bidding on…

China opposes EU’s protectionist move against Chinese firms: ministry

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Expo to lift partnerships with S. Asian countries

Visitors try tea products at an exhibition area featuring “sojourning in Yunnan” at the 9th China-South Asia Expo in Kunming, Southwest China’s Yunnan province, June 20, 2025. [Photo/Xinhua] China is willing to integrate its growth more closely with the development of South Asian countries while continuing to strengthen cooperation between those involved, said Wang Dongming,…

China Tower dials up on innovation

China Tower Corp displays its base station tech during an expo in Shanghai. CHEN AIPING/XINHUA China Tower Corp, a mobile communication infrastructure company that runs almost all of the country’s telecom towers, is beefing up innovation application of its digital infrastructure after the company played a pivotal role in helping the nation build the world’s…

Women driving spending surge in China

Chinese women are emerging as increasingly powerful and independent consumer forces, with a rising preference for emotional value, self-care, and collectible trends such as Pop Mart’s Labubu, according to a survey. The “618 Women’s Consumption Survey,” jointly published by Women of China magazine, Huakun Women’s Lifestyle Survey Center, and Huakun Women’s Consumption Center, offers a…

Fonterra strengthens China commitment with grass-fed certification as dairy trade soars

Fonterra CEO Miles Hurrell delivers welcome remarks. [Photo provided to chinadaily.com.cn] New Zealand dairy giant Fonterra is doubling down on the Chinese market after receiving official recognition under the newly launched New Zealand Grass Fed Standard, a move aimed at strengthening its premium positioning as a dairy producer and exporter. New Zealand Prime Minister Christopher…

Chinese smart automation platform Laiye launches enterprise-level AI agent matrix

Laiye unveils enterprise-level AI agent matrix. [Photo provided to chinadaily.com.cn] Chinese intelligent automation platform Laiye has unveiled its enterprise-level artificial intelligence agent matrix designed for diverse application scenarios as the company aims to enhance productivity and bolster enterprises’ digital transformation. Built on Laiye work execution platform, the new AI agents integrate large language models, robotic process automation,…

Hebei-Central Asia trade surges 110 percent

In the first five months of the year, trade between North China’s Hebei province and the five Central Asian countries, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, surged 110 percent year-on-year to a record high of 3.03 billion yuan ($421.9 million), according to a release on the Shijiazhuang Customs’ WeChat account. Exports reached 2.5 billion yuan,…