China Industries
China will review and approve applications for rare earth exports that meet the requirements to facilitate compliant trade, the Ministry of Commerce said on Thursday. Some foreign enterprises have suggested that China’s approval process of rare earth export licenses is slow, and their companies may face suspended production. The ministry made the comment in response…
Visitors gather at Kuaishou’s booth during a home appliance expo in Shanghai in March. CHINA DAILY Chinese short-video platform Kuaishou had created 43.2 million jobs and given rise to 174 new occupations by the end of 2024, as it has lowered employment thresholds and brought about an increase in inclusive and large-scale employment, as well…
Shanghai will establish overseas cargo stations in Ethiopia and Mexico to better facilitate the dual circulation development via more convenient logistics service, according to the Shanghai Airport (Group) Co Ltd. Two overseas cargo stations will be launched respectively at Ethiopia’s Addis Ababa Bole International Airport and Mexico City International Airport, according to the strategic collaboration…
A total of 180 specialized and fast-growing high-tech firms will showcase their breakthroughs at the upcoming 11th China (Shanghai) International Technology Fair (CSITF), with a number of global cutting-edge technologies on display. Among them is the world’s only technology to secure safe flight amid the harsh Antarctic conditions showcased by China’s first polar fixed-wing aircraft,…
After the dispatch order was issued, the fourth main transformer of the 500 kilovolt Jiangbin Substation in Shaoxing, Zhejiang province, was energized and entered the trial operation at 22:24 on May 27. This power substation standing on the bank of the Cao’e River completed its capacity expansion and upgrade, marking a new guarantee for Shaoxing’s…
Over the past month, as China implemented optimized departure tax refund policies, Shanghai experienced an 86 percent increase in total sales from this channel, with the refunded amount jumping 77 percent year-on-year, surpassing all other locations in the country. Shanghai Municipal Tax Service released the above data at the end of last month. According to…
The China Association of Automobile Manufacturers (CAAM) issued an initiative on Saturday, urging industry players to avoid chaotic price wars and uphold fair competition. The statement highlighted that declining profitability in the industry has been exacerbated by “cutthroat competition,” particularly through disorderly price-cutting moves, which have significantly eroded corporate earnings. It specifically warned against the…
The Department of Culture and Tourism Abu Dhabi signed strategic partnerships with 17 Chinese travel partners at the recent ITB China 2025 on May 30 in Shanghai. [Photo provided to chinadaily.com.cn] The Department of Culture and Tourism Abu Dhabi signed strategic partnerships with 17 Chinese travel partners at the recent ITB China 2025, a trade…
The move by China and member states of the Association of Southeast Asian Nations to upgrade a 15-year-old free trade agreement showcases their commitment to multilateralism, and has dealt a significant blow to rising protectionism, experts said. On May 20, the Ministry of Commerce announced that China and ASEAN member states have completed negotiations on…
The skyline of Beijing. [Photo/VCG] The recent Central Economic Work Conference pointed out that the foundation of China’s economic recovery is not yet solid, and with the triple pressures of shrinking demand, supply shocks and weakening expectations still relatively large. The volatile external environment is having a deepening impact on the Chinese economy. However, the…