Things to know: China’s 2025 service trade
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Tinci charts solid growth through innovation and global integration
A view of Tinci Materials Technology Co’s base in Guangzhou, Guangdong province. [Photo provided to chinadaily.com.cn] Achieving steady growth in scale and competitiveness, Guangzhou, Guangdong province-based Tinci Materials Technology Co has made significant strides during China’s 14th Five-Year Plan period (2021-25). Riding the rapid expansion of the new energy industry chain, the company said it…
Robot showdown on the Bund
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New technology aids BYD expansion
BYD Automobile Industrial Park Phase II in the Shenzhen-Shanwei Special Cooperation Zone, Guangdong province. [Photo provided to chinadaily.com.cn] Chinese NEV giant BYD is accelerating high-quality growth on the back of sustained R&D investment during the 14th Five-Year Plan (2021-25) period, having expanded its industrial scale and advanced overseas. BYD’s new energy vehicle sales have risen…
China’s tax refund stores top 10,000
BEIJING — The number of tax refund stores catering to foreign visitors in China had exceeded 10,000 by the end of August, data from the State Taxation Administration showed on Wednesday. In the first eight months of the year, the number of tourists claiming tax refunds jumped 247.8 percent year-on-year, while sales of tax-refundable goods…
CYTS to expand R&D in inbound travel products
Editor’s note: The China Association for Public Companies, together with China Daily and other media outlets, has launched the initiative Listed Companies in Action: My Five Years in the 14th Five-Year Plan. The campaign spotlights the achievements of Chinese listed companies in advancing high-quality development during the 14th Five-Year Plan period. CYTS welcomes Beijing’s first inbound…
Guangdong’s private firms driving province’s foreign trade
Containers are piled up at Nansha Port in Guangzhou, Guangdong province, in April. [Photo/China News Service] Guangdong’s private enterprises witnessed steady growth in import and export volume in the first eight months of the year, according to data released on Wednesday by Guangdong Customs, demonstrating their increasingly important role in the province’s foreign trade development.…
Development of Pacific Shuanglin Bio-pharmacy Co attracting industry attention
Staff member inspects machine at Pacific Shuanglin Bio-pharmacy Co Ltd’s factory. [Photo provided to chinadaily.com.cn] Focused on both endogenous growth and external expansion, Shenzhen Stock Exchange-listed Pacific Shuanglin Bio-pharmacy Co Ltd has achieved high-quality development during the 14th Five-Year Plan period (2021-25). As a blood product maker, at the beginning of the 14th Five-Year Plan…
Draft revision of bankruptcy law in review
Chinese lawmakers conducted the first review of a draft revision to the Enterprise Bankruptcy Law on Monday, as part of the nation’s intensified efforts to refine its fundamental market economy frameworks. The draft revision, submitted to the ongoing session of the Standing Committee of the National People’s Congress, China’s top legislature, comprises 16 chapters and…
Chi Forest quenching customer thirst worldwide
Chi Forest enters Tesco stores in the United Kingdom in August. CHINA DAILY Chinese beverage brand Chi Forest recently debuted its sparkling water products in the United Kingdom’s leading supermarket chain Tesco, with about 400 stores set to retail the products. This launch features two flavors, white peach and lychee, marking Chi Forest’s first foray into…