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China ramps up crackdown on strategic mineral smuggling amid US tariff escalation

China launched a sweeping campaign to crack down on the smuggling of strategic minerals, including transshipment through third-party countries, to reinforce control over critical raw materials. The campaign marked China’s sharpest response to suspected attempts by foreign buyers to sidestep export controls amid the tariff war launched by the United States. According to a statement…

Beijing intl expo showcases cutting-edge tech

Various types of robots are on display at the 27th China Beijing International High-Tech Expo held in Beijing, on May 8, 2025. [Photo by Jiang Dong/chinadaily.com.cn] The 27th China Beijing International High-Tech Expo kicked off at China National Convention Center on Thursday. Focusing on cutting-edge technologies, the four-day expo has attracted around 800 domestic and…

China imposes antidumping duties on imports of cypermethrin from India

China has decided to impose antidumping duties ranging from 48.4 percent to 166.2 percent on the imports of cypermethrin originating from India, effective from Wednesday for 5 years, according to the Ministry of Commerce. In response to an application from the domestic industry, the ministry has initiated an antidumping investigation on imports of cypermethrin from…

Market value of ETFs on Shanghai Stock Exchange exceeds 3t yuan

SHANGHAI – The total market value of exchange-traded funds (ETFs) on the Shanghai Stock Exchange has surpassed 3 trillion yuan ($417 billion), according to data released on Wednesday by this exchange. It said that the scale of China’s ETF market has grown rapidly in recent years, thanks to both the growing participation of investors in…

Nation to invest more in infrastructure projects

Infrastructure investment is expected to grow in China to serve the nation’s efforts in stabilizing domestic demand amid global trade tensions that threaten its export growth, market insiders said. Trade turbulence triggered by the United States’ tariff strategy is affecting not only global supply chains on a scale unexpected by the market, but also overall…

More market stabilization steps detailed

File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s latest incremental financial measures to stabilize market expectations will help to further consolidate market recovery by ushering in more long-term capital and boost investors’ sentiment with the continued advancement of capital market reform, said officials and experts. A sweeping set…

PBOC to establish new relending facility

Visitors try a multi-language AI display screen at the 3rd China (Anhui) Science and Technology Innovation Achievement Transformation Fair in Hefei, capital of East China’s Anhui province, April 26, 2025. [Photo/Xinhua] The People’s Bank of China, the country’s central bank, will establish a new relending facility worth 500 billion yuan ($69.28 billion) to support consumption…

China’s financial regulators committed to capital market stability

A pedestrian passes the Shanghai Stock Exchange in Pudong New Area. WANG GANG/FOR CHINA DAILY China’s top financial regulators have reinforced their commitment to the stability of the country’s capital market on Wednesday, vowing to provide sufficient funding when necessary. The People’s Bank of China, the country’s central bank, will firmly support Central Huijin Investment…

Fiscal support helps ensure growth

Shoppers browse goods at a store in Chongqing. [Photo/Xinhua] China’s stepped-up fiscal policies are emerging as a pillar in its efforts to stabilize the economy, offering much-needed support to sectors under financial strain and helping the world’s second-largest economy weather persistent global uncertainty. In 2025, the country pledged to intensify counter-cyclical adjustments, raising the deficit-to-GDP…

China’s VAT invoice data reflects robust May Day holiday consumption

Tourists from Australia pose for photos at the Tiantan (Temple of Heaven) Park in Beijing, capital of China, May 1, 2025. [Photo/Xinhua] BEIJING – China’s State Taxation Administration released value-added tax (VAT) invoice data on Tuesday, revealing robust consumer spending in the world’s second-largest economy during the just-concluded May Day holiday. The five-day holiday, which…