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Dassault Systemes’ business in China expands

View of the booth of Dassault Systemes during an expo in Wuhan, Hubei province. CHINA DAILY China’s economic resilience, underpinned by its swift policy action and rapid technological innovation, is translating into robust confidence among foreign businesses to scale up investment and expand their presence in this critical market, a senior executive told China Daily.…

China’s PPI up 4.1% in June

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China to accelerate innovative development of retail industry

BEIJING – Chinese authorities have issued a guideline to accelerate the innovative development of the retail industry, aiming to establish a modern retail system and cultivate a number of globally competitive retail enterprises by 2030. The guideline, released by multiple government departments including the Ministry of Commerce, outlines key tasks ranging from system planning for…

China to accelerate innovative development of retail industry

BEIJING – Chinese authorities have issued a guideline to accelerate the innovative development of the retail industry, aiming to establish a modern retail system and cultivate a number of globally competitive retail enterprises by 2030. The guideline, released by multiple government departments including the Ministry of Commerce, outlines key tasks ranging from system planning for…

Improved transport making regions richer

The Anshun-Panzhou section of the Shanghai-Kunming Expressway, partially built by State builder China Railway No 4 Engineering Group, is almost ready to be put into operation later this year. LI LEIBO/FOR CHINA DAILY Chen Min, a 45-year-old fruit vendor in Liuzhi special district in Southwest China’s Guizhou province, never thought that her small business would…

Construction boosts livelihoods, skills capacity

Zhong Lei (left), an employee from China Railway No 4 Engineering Group, inspects construction work at the Anshun-Panzhou section of the Shanghai-Kunming Expressway. CHINA DAILY Since joining State builder China Railway No 4 Engineering Group in 2006, Zhong Lei, a 44-year-old employee, has been working in the country’s southwest for years. His experience has made…

Simplified tax refunds to boost spending

Travelers line up for departure tax refunds at Shanghai Pudong International Airport. CHINA DAILY Core measures of the upgraded version 2.0 departure tax refund policy, including a fully paperless process and a random inspection system for small amounts, were officially rolled out earlier this month, allowing inbound travelers to immediately experience seamless efficiency. “Previously, processing…

Sino-Dutch ties highlighted at trade meeting

China has urged the Netherlands to foster a fair, transparent and predictable business environment for Chinese companies investing in the country and maintain the stability of semiconductor industrial and supply chains, the Ministry of Commerce said in a statement on Wednesday. Commerce Minister Wang Wentao called for efforts to properly resolve business disputes between the…