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Digital commerce success highlights island province’s supportive ecosystem

A Pakistani livestreamer makes a sales presentation in the streaming room of an internet information industrial park in Haikou, Hainan province, on Sept 22. ZHENG YUE/XINHUA Usman Naim, a Nigerian national, opened his livestream session on a social e-commerce platform with local handicrafts and cultural products displayed behind him. He pitched Hainan-made goods to consumers in…

Role of intl cooperation, financial services in focus to ramp up green push

A drone photo taken on Aug 8, 2025 shows a demonstration project for integrated photovoltaic and energy storage in Dongying city, East China’s Shandong province. [Photo/Xinhua] Giving more play to financial service providers and seeking deeper international cooperation are vital to the green transition and low-carbon development, which are the very basis of high-quality economic…

China imposes stringent export controls on core rare earth technologies

[Photo/Xinhua] China has imposed export controls on a range of core rare earth technologies, covering areas from mining and smelting to the recycling of secondary resources, according to information released by the Ministry of Commerce. Approved by the State Council, the new measures, revealed on Thursday, mandate that overseas organizations and individuals must obtain a…

Hubei boosts tailored support for startups

A drone-captured aerial image taken on March 16, 2024, shows the Wuhan New Energy Research Institute building in Optics Valley of China in Wuhan, Hubei province. WU ZHIZUN/XINHUA China is expanding its network of high-tech industrial parks to drive innovation and new economic growth, with projects in Hubei province, including the youth pioneer park in…

Forex reserves hit highest level in decade

A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province. [Photo/Sipa] China’s foreign exchange reserves stood at the highest level in a decade in September, underscoring the country’s growing economic resilience in the face of external shocks, official data revealed on Tuesday. At the same time, official gold reserves rose for…

Chengdu’s charming nighttime economy bedazzles visitors

Tourists take cruises to enjoy landmarks on both sides of the Jinjiang River in Chengdu, Sichuan province, on Aug 20. CHEN HAN/FOR CHINA DAILY As boats with roofs painted black slowly approach each other on the Jinjiang River, the nighttime economy along the river heats up, adding to Chengdu’s unique charm. The vitality of the capital…

New policy targets EV exporters

Vehicles to be loaded for export are parked at a port in Shanghai on April 13. LONG WEI/FOR CHINA DAILY China’s move to bring exports of pure electric passenger vehicles under a licensing regulation is expected to enhance overseas user experience and protect brand reputation by ensuring stronger quality control, better after-sales services and a…

Guangdong Entrepreneurs Convention highlights development of GBA

Guangdong entrepreneurs and business representatives signed a total of 24 projects valued at 44.46 billion yuan ($6.26 billion) at the 2025 World Guangdong Entrepreneurs Convention, held in the Guangdong provincial capital recently, indicating their strong confidence in the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The projects — which mainly involve artificial intelligence,…

Launch of CapitaLand REIT sign of further opening-up

A pedestrian passes the Shanghai Stock Exchange in Pudong New Area. WANG GANG/FOR CHINA DAILY China took another step toward further opening its capital market to international investors as its first foreign-invested consumer real estate investment trust (REIT) made a solid debut on the Shanghai Stock Exchange recently. Analysts said the listing marks a key…

White goods, electronics hot items in holiday

Visitors take photographs of a panda installation at a shopping mall in Shanghai on Saturday. YIN LIQIN/CHINA NEWS SERVICE Chinese consumers are enthusiastically unleashing their massive purchasing power during the eight-day National Day and Mid-Autumn Festival holiday, with intelligent household appliances and electronic products gaining popularity amid the country’s vigorous measures to boost consumption. Experts…