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Rockwell Automation China CEO: High-tech gadgets from China are a ‘must-buy’

The eighth China International Import Expo is underway in Shanghai from Nov 5 to 10. During the expo, Ian Shih, president of Rockwell Automation China, said that China is very strong in terms of creating use cases. If he were a traveller coming to China, he would consider buying high-tech gadgets. “For me, I will…

Gold VAT trade reform to bring healthier order

China’s latest reform of the value-added tax system for gold trading is expected to bring greater clarity and order to the market of the precious metal, as regulators aim to distinguish investment from consumption and strengthen oversight across the entire trading chain, said experts. The reform comes at a time when global gold prices are…

Pudong New Area keen on further opening-up

The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] Shanghai should further advance institutional opening-up and improve the business environment to consolidate its position as an optimal destination for investors worldwide, officials and company executives said. They made the remarks during a series of promotional conferences held on Thursday, which were part…

Expo helps MNCs turn into committed investors

This photo taken on Nov 3, 2025 shows a themed-decoration of the China International Import Expo at the National Exhibition and Convention Center (Shanghai) in East China’s Shanghai. [Photo/Xinhua] The China International Import Expo, convened for the past eight years in Shanghai, has transformed its role from being an annual trade matchmaking platform for global…

Biz seen up with Hainan special Customs facility

Yachts and motorboats shuttle near an island in Sanya, Hainan province, on Aug 3. YE LONGBIN/FOR CHINA DAILY As China’s Hainan province is set to officially commence its special Customs operations on Dec 18, officials and experts see more potential for economic cooperation between the tropical island and countries from the Association of Southeast Asian…

China’s foreign trade up 3.6% in first 10 months of 2025

A drone photo taken on Sept 16, 2025 shows a vessel docking at Taicang Port in East China’s Jiangsu province. [Photo/Xinhua] China’s foreign trade in goods rose 3.6 percent year-on-year in the first 10 months of 2025 to 37.31 trillion yuan, customs data showed on Friday. More content to follow. Please refresh the page later.…

Global demand for China’s sovereign bonds viewed as confidence vote

Strong international demand for China’s latest US dollar-denominated sovereign bond issuance underscores global investors’ confidence in the country’s economic growth prospects and its ongoing efforts to strengthen ties with global capital markets, financial professionals have said. China’s Ministry of Finance, on behalf of the central government, issued $4 billion sovereign bonds in the Hong Kong…

Pudong advances wider opening-up to attract global investors

[Photo by Gao Erqiang/China Daily] Pudong New Area in eastern Shanghai should advance institutional opening-up and enhance its business environment, to solidify its role as a pioneer of China’s socialist modernization and prime destination for investors across the globe, said officials and business executives at a promotion conference held on Thursday during the 8th China…

Shanghai business forum hears of China’s renewed commitment to opening-up

China will remain committed to high-standard opening-up during the 15th Five-Year Plan period (2026-30), and share its massive development opportunities with foreign-invested enterprises across various sectors, the Ministry of Commerce said in a news release on Thursday. At a time when unilateralism and protectionism are on the rise, a market that is fair, just and…

China-Russia finance ministers agree to expand fiscal cooperation

Chinese Minister of Finance Lan Fo’an and Russian Minister of Finance Anton Siluanov co-chaired the 11th China-Russia Financial Ministerial Dialogue in Beijing on Tuesday. The dialogue resulted in several agreements concerning the enhancement of bilateral fiscal cooperation. The meeting further solidified the important consensus reached by the heads of state of the two nations, with…