In Wuxi’s Jiangnan Beauty Bay, an entire beauty and wellness industry chain is hidden in one building. Upstairs, innovation takes shape; downstairs, products roll off the line and go live. Here, “upstairs and downstairs” is “upstream and downstream”. With R&D, manufacturing and branding resonating in harmony, Wuxi is powering its billion-yuan beauty and wellness industry…
German Vice Chancellor and Finance Minister Lars Klingbeil and China’s Vice-Premier He Lifeng deliver their statements after a high-level meeting at Diaoyutai State Guesthouse in Beijing, China, Nov 17, 2025. [Photo/Agencies] China and Germany have reached a series of outcomes during high-level financial talks in Beijing, a clear signal that both countries are moving to…
HAIKOU — Recently, Sunrise Fuel (Hainan) Co Ltd completed a cross-border transaction settlement with an overseas client through its EF account in less than two hours in South China’s Hainan province. It is a speed that would have been unimaginable in the past. “With the EF account, we can handle cross-border settlements entirely online through…
The State Administration for Market Regulation, China’s top market regulator, unveiled on Saturday draft antitrust compliance guidelines for internet platforms, offering clearer direction for both domestic and global tech firms operating in the world’s largest digital market. The draft, which will open for public feedback by the end of November, is the latest sign that…
China’s economy is showing signs of stabilizing while structural upgrading accelerates, with economists highlighting growing momentum from digital consumption, high-tech manufacturing and services, alongside expectations of continued policy support as the country prepares for the next five-year plan. Despite some softening in October indicators, they said underlying fundamentals remain resilient and new growth drivers are…
[Photo/VCG] China and the European Union should deepen mutual trust and meet each other halfway to expand economic and trade cooperation in advanced manufacturing and new energy despite rising uncertainties, market watchers and experts said. They called for China and the EU to build innovative dialogue mechanisms, jointly support multilateralism and free trade, and uphold…
China is innovating very fast while maintaining an admirable long-term vision, Veolia CEO Estelle Brachlianoff said, noting that China has impressed the world in green energy, where the pace of technological development has been “impressive”. In an exclusive interview with China Daily, Brachlianoff said Veolia is looking forward to seeing how 15th Five-Year Plan (2026-30)…
China has urged the Dutch government to demonstrate a genuine willingness to cooperate with the nation and promptly put forward substantive proposals to resolve the issues regarding Nexperia, a Chinese-owned semiconductor company based in the Netherlands, said the Ministry of Commerce on Thursday. Speaking at a weekly news conference in Beijing, ministry spokesman He Yadong…
China’s tax authorities have disclosed six recent cases involving individuals who failed to declare overseas income, as part of a wider effort to strengthen compliance among residents with cross-border earnings. Tax bureaus from cities like Beijing and provinces including Fujian, Guangdong and Sichuan recently made public a series of guidance and rectification cases, urging residents…
Wu Qing, chairman of the China Securities Regulatory Commission, visited Paris and Rio de Janeiro from Monday to Thursday, meeting with local financial regulators and institutional investors to advance bilateral cooperation and promote the opportunities in China’s capital market. During the visit, Wu held bilateral meetings with leaders from the Autorité des Marchés Financiers, France’s…