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Nation’s free trade zones to get more support in reform push

An aerial view of the container wharf of Qinzhou Port in South China’s Guangxi Zhuang autonomous region. [Photo/Xinhua] China will strengthen the building of domestic pilot free trade zones, carry out pioneering and leading reforms, and firmly respond to external risks and challenges in the light of a complex and severe international situation, the Ministry…

Policy steps key to tackling tariffs impact

A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] Facing headwinds from the United States’ sweeping tariffs, Chinese policymakers should take both short-term policy steps as well as long-term reform measures to expand domestic demand, tackle issues faced by enterprises and boost confidence among consumers and investors, economists from government-backed think tanks…

China sets up 60b yuan national AI fund to accelerate tech innovation

China’s Ministry of Industry and Information Technology and the Ministry of Finance have jointly established a 60 billion yuan ($8.2 billion) national artificial intelligence fund to fast-track strategic investments in AI infrastructure and cutting-edge technologies, a senior official said on Friday. The move underscores China’s push to solidify its global leadership in AI amid intensifying…

Qingdao’s new policy empowers families and young graduates

Qingdao, a coastal city in Shandong province, recently introduced 12 measures to optimize its population structure and boost the property market, focusing on supporting families with multiple children and young graduates, according to a news conference held in the city on Wednesday. Under the new policy, families with two children will receive a one-time subsidy…

Strong Chinese economy in Q1 demonstrates resilience, say pundits

The skyline of Beijing. [Photo/VCG] BEIJING – China’s economy delivered a strong start in the first quarter, demonstrating steady performance and resilience, economists and observers have said. The country’s gross domestic product (GDP) grew 5.4 percent year-on-year to 31.8758 trillion yuan ($4.42 trillion) in the first quarter of 2025, data from the National Bureau of…

Comprehensive bonded zones fuel China’s foreign trade growth

This photo taken on April 9, 2025 shows the site of a firm specializing in flight simulator R&D and training inside the comprehensive bonded zone of Beijing Daxing International Airport in Beijing. [Photo/Xinhua] BEIJING – A truck loaded with 1.3 tons of clothing, hats, sunglasses and other goods departed from the cross-border e-commerce warehouse at…

Consumer commodity show unveils tech-driven smart future

This photo taken on April 10, 2025 shows the Hainan International Convention and Exhibition Center, the main venue of the upcoming fifth China International Consumer Products Expo (CICPE) in Haikou, capital of South China’s Hainan province. [Photo/Xinhua] HAIKOU — A seamless integration of cutting-edge technologies into daily life is taking center stage at the ongoing…

Hainan expo highlights China’s allure for international brands

People visit the UK pavilion during the fifth CICPE in Haikou, Hainan province, on April 13. WANG CHENGLONG/FOR CHINA DAILY HAIKOU — The fifth China International Consumer Products Expo, held in the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global enterprises. This year’s expo has drawn record participation…

China’s exhibition industry a lighthouse of respected industries: COO

“I think we are seeing a transformation now in the Chinese exhibition industry,” said Marius Berlemann, chief operating officer of Messe Dusseldorf Group, in an exclusive interview with China Daily Website, “that exhibitions here are really also becoming a lighthouse of each respected industry.” What will be the latest innovations? What will be the trends…

China says it remains open to economic, trade talks with US

File photo shows the national flags of China and the United States. [Photo/Xinhua] China has maintained communications with its counterparts in the United States, and China’s position has always been clear, which is having an open attitude toward economic and trade consultations with the US, the Ministry of Commerce said on Thursday. The unilateral imposition…