BEIJING — China’s State Council has approved a plan to accelerate the opening-up and innovation of the entire biopharmaceutical industrial chain in the Jiangsu pilot free trade zone (FTZ), according to the Ministry of Commerce on Wednesday. To support the integrated innovation of the full value chain in the sector, the guideline calls for prioritizing…
The 3,000 sandstone pillars in Zhangjiajie are often shrouded in cloud, giving the illusion that they are floating in the air. This otherworldly scene makes… Read More »Tracking a mountain of history
A village of Miao ethnic group in Fenghuang, Hunan province. [Photo provided to China Daily] On our way to a private Miao ethnic museum, we… Read More »Traditional heritage living in harmony
The western region of Hunan province is known for its diverse ethnic cultures. [Photo provided to China Daily] Ancient towns showcase how life takes on… Read More »Walk in the mists of time
China will introduce a series of policy measures to further promote the export of services, and continuously optimize the policy environment of taxation and financial facilitation, the Ministry of Commerce said on Wednesday. As the country continues to promote the development of trade in services, the China International Fair for Trade in Services (CIFTIS) will…
The Tuojiang River flows through the heart of Fenghuang ancient town in Hunan province, flanked by traditional stilted houses and residences. [Photo provided to China… Read More »A land of imagination
A staff member at the Russian booth pours wine for visitors to taste on Wednesday, during the 15th China-Northeast Asia Expo in Changchun, the capital of Jilin province. [Photo provided to China Daily] China will leverage the China-Northeast Asia Expo platform to advance policy coordination, forge closer economic links and strengthen cooperation with Northeast Asia,…
Anta Sports posts first-half results for 2025 on Wednesday. [Photo/chinadaily.com.cn] Anta Sports Products Ltd posted its first-half 2025 results on Wednesday, reporting that revenue surged 14.3 percent year-on-year to 38.54 billion yuan ($5.4 billion), while net profit rose 14.5 percent to 7.03 billion yuan ($985.71 million). All brands achieved new half-year revenue highs, marking the…
Chinese AI chipmaker Cambricon Technologies briefly surpassed liquor giant Kweichow Moutai to become the country’s most valuable onshore stock, highlighting the shifting drivers of China’s economic growth, analysts said. On Wednesday, Cambricon’s shares jumped nearly 10 percent in intraday trading to 1,461 yuan ($204) apiece, overtaking Moutai to claim the title of “stock king”. The…
BEIJING – China will roll out its departure tax refund policy in Jilin province from Sept 1, the Ministry of Finance said on Wednesday. The policy allows overseas tourists to claim back value-added tax on eligible purchases made at designated tax refund stores before leaving the country. Eligible regions can adopt the policy after filing…