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Nation remains key business partner for Australia

The Chinese and Australian national flags in Sydney, Australia. [Photo/Xinhua] After the Boao Forum for Asia Annual Conference 2025 finished recently, its theme of rebuilding confidence in China for foreign businesses resonated deeply. For Australian firms, China remains not just a market of scale, but an important partner in a rapidly evolving global economy. As…

China’s consumer goods trade-in program drives sales of over 720b yuan

A salesperson introduces products and government subsidies policies to a consumer at a Suning chain store, a leading home-appliance retailer, in Wenzhou city, East China’s Zhejiang province, Nov 11, 2024. [Photo/Xinhua] BEIJING – China’s extensive consumer goods trade-in program has made phased progress this year, delivering tangible benefits to consumers and driving sales growth, the…

Shanghai sees over 400 applications related to data products’ IP rights

The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] Ever since Shanghai implemented on Dec 8 the interim measures for the registration and evidence preservation of data products’ intellectual property rights, the city has dealt with 409 such applications as of Monday, said the local officials. The information was released during a news…

Hainan expanding reach of low-altitude economy

A visitor (right) experiences a helicopter simulator from CITIC Offshore Helicopter Co Ltd during the China International Consumer Products Expo 2025 in Haikou, Hainan province, in April. [LUO YUNFEI/CHINA NEWS SERVICE] China’s low-altitude economy, a strategic emerging sector that is key to developing new quality productive forces, has captured the imagination of the country’s tropical…

Pilot FTZs in China’s coastal regions unwaveringly deepen opening up

A truck passes through the gate of the Dongjiang bonded port area of Tianjin Pilot Free Trade Zone. [Photo provided to China Daily] BEIJING – As China marks the 10th anniversary of establishing three pilot free trade zones (FTZs) in its coastal regions, the country has demonstrated its unwavering commitment to deepening reform and advancing…

Business executives wary of global economic turmoil ahead

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Economists: Unite to oppose US tariff hikes

An aerial drone photo shows a view of the Tangshan Port in north China’s Hebei province, Jan 13, 2025. [Photo/Xinhua] As the United States clearly leverages tariffs as a bargaining chip in its dealings with trade partners, the rest of the world must stand together to respond in a cooperative manner, rather than negotiate for…

China to further support trade, fend off yuan overshooting amid tariff tensions

An aerial drone photo shows a view of the Tangshan Port in North China’s Hebei province, Jan 13, 2025. [Photo/Xinhua] China will introduce new foreign exchange policies that facilitate cross-border trade and financing while guarding the yuan stability, a senior official said, as part of the country’s ramped-up efforts to counter the shock stemming from…

Hainan proves open gateway for investment

Workers inspect and repair aircraft at a maintenance base in Hainan Free Trade Port in Hainan province on Feb 17. [Photo/Xinhua] As the first light of dawn bathes the shimmering shore of Hainan Free Trade Port, a vibrant tapestry of China’s opening-up unfolds. In Boao’s gleaming hospital buildings, physicians administer cutting-edge therapies under special regulatory…

Xinjiang foreign trade grows steadily in Q1

Xinjiang Uygur autonomous region’s foreign trade value totaled 108.16 billion yuan (about $15 billion) in the first quarter of 2025, up 15.4 percent year-on-year, according to Urumqi Customs. Specifically, the region’s exports reached 95.17 billion yuan while its imports stood at 12.99 billion yuan. The growth, mainly driven by strong exports demands and diversification of…