Villagers try the tap water as they move to their newly-built houses at Zimgag village of Dingri county, Shigatse city, Southwest China’s Xizang autonomous region, Aug 15, 2025. [Photo/Xinhua] The Xizang autonomous region recorded a GDP of 207 billion yuan ($29 billion) in the first three quarters of this year, representing a 7.1 percent year-on-year…
China’s transformation from a “fast follower” to a global technology leader is likely to attract a new wave of foreign investment over the next decade, said Howard Davies, chair of the International Advisory Council of the China Securities Regulatory Commission. “I think it’s likely that (foreign) investor interest in China will grow over the next…
As all eyes are on the high-level engagement between China and the United States, the US business community has voiced strong support for long-term stability in the world’s most consequential economic relationship, as the partnership with China remains “enormously important” for US companies. Having the direct involvement of both countries’ presidents — which may pave…
Share – WeChat Customers shop at a duty-free store in Haikou, South China’s Hainan province, Nov 1, 2025. The island province of Hainan broadened the scope of its offshore duty-free goods by adding two new goods categories, namely pet supplies and portable musical instruments. After this adjustment which took effect on Saturday, the island’s offshore…
As the world’s attention turns to whether higher-end chips from US semiconductor company Nvidia can gain better access to the Chinese market, experts are calling for more efforts to build mutual trust between China and the United States to address broader issues related to semiconductors, experts said. The comments came after US President Donald Trump…
A special fund focusing on investing in strategic emerging industries by central State-owned enterprises was launched in Beijing on Wednesday. It was initiated by the State-owned Assets Supervision and Administration Commission and entrusted to China Reform Holdings Corporation Ltd, a State-owned investment firm for establishment and management. The fund has met investment conditions and will…
BEIJING – China’s push for greater openness and global collaboration was prominently showcased at the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in the Republic of Korea. With its steadfast commitment to high-level opening up and strong innovative capabilities, the world’s second-largest economy is well-positioned to drive a prosperous future for the Asia-Pacific region and…
BEIJING — China’s Ministry of Commerce on Thursday unveiled the outcomes achieved by Chinese and US delegations during their recent economic and trade talks in Kuala Lumpur. The US side will cancel the 10-percent so-called “fentanyl tariffs” and suspend, for an additional year, the 24-percent reciprocal tariffs levied on Chinese goods, including goods from the…
China will consider granting export exemptions to eligible shipments after conducting a comprehensive review of companies’ actual circumstances, the Ministry of Commerce said on Saturday, in response to media questions regarding Nexperia, a Chinese-owned semiconductor company based in the Netherlands. China had previously responded to media inquiries on the matter, emphasizing that the Dutch government’s…
The China Securities Regulatory Commission unveiled a draft guideline on Friday to enhance the role of performance benchmarks in regulating mutual fund investments, marking a key step to refine capital market rules and align them more closely with mature overseas markets. According to reliable experts, the implementation of the guideline will bring China’s mutual fund…