Hainan’s offshore duty-free sector sees strong customer traffic and vibrant sales following the island-wide special customs operations. [Photo provided to chinadaily.com.cn] China’s island province of Hainan reported robust trade and soaring duty-free sales as it launched its island-wide special customs operations on Thursday. The landmark policy, which turns the entire Hainan Island into a special…
BEIJING — China released new rules on Saturday to regulate pricing practices of internet platforms, a move aimed at fostering innovation and promoting the sound development of the platform economy. The rules, jointly issued by the National Development and Reform Commission, the State Administration for Market Regulation, and the Cyberspace Administration of China, aim to…
China has unveiled a comprehensive set of rules to regulate pricing in the fast-growing platform economy, signaling a further shift toward a more rules-based and predictable regulatory framework. The National Development and Reform Commission, the State Administration for Market Regulation and the Cyberspace Administration of China jointly released the pricing guidelines on Saturday, as policymakers…
Containers are loaded onto a cargo vessel in Qinzhou Port, Guangxi Zhuang autonomous region, a transit point on the New International Land-Sea Trade Corridor. [PHOTO/XINHUA] Global risks are evolving and converging at a pace that is outstripping corporate response capacity, posing growing challenges to employee safety and business continuity, according to the Risk Outlook 2026…
China’s bulk commodity price index remained stable throughout the year so far, official data showed on Friday, reinforcing signs that the country’s economic structure is optimizing in a healthier and more sustainable manner. By Dec 12, the annual average of China’s bulk commodity price index, the index tracking the development of the country’s bulk commodity…
China’s latest comprehensive set of rules on regulating pricing practices of internet platforms marks a significant step toward fostering fair competition and promoting innovation and the sound development of the platform economy, while protecting the legitimate rights and interests of consumers, experts said. They added that the policy development signals the country’s firm determination to…
“Resilience”, or ren (韧) in Chinese, has been chosen as China’s character of the year, while the homegrown AI model “DeepSeek” is the phrase of the year for 2025, highlighting the country’s persistent drive for technological self-reliance amid a complex global landscape. The annual Chinese language review also selected “tax” as the global character and “geopolitics” as…
A drone photo taken on Dec 4, 2025 shows containers waiting for transshipment at the Qianwan Container Terminal of Qingdao Port in East China’s Shandong province. [Photo/Xinhua] Foreign direct investment inflows in China saw a notable rebound in November, surging 26.1 percent year-on-year, data from the Ministry of Commerce showed on Friday. According to an…
The Ministry of Commerce announced on Friday that China will continue to impose anti-dumping duties on imported ethylene propylene diene monomer from the United States, South Korea and the European Union during a review investigation period. The investigation, set to be launched on Saturday and scheduled to conclude by Dec 20, 2026, will assess whether…
A drone photo taken on Nov 1, 2025 shows a view of Shenzhen Bay Culture Square in Shenzhen, South China’s Guangdong province. [Photo/Xinhua] A Shenzhen press conference on Thursday outlined the city’s progress in building a world-class scientific and technological innovation hub during the 14th Five-Year Plan period (2021–25), highlighting rapid growth in research investment,…