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…
China-US trade dialogue “should set us up for a better, longer-term trade relationship,” Sean Stein, president of the US-China Business Council, said in an exclusive interview with China Perspective. Stein said he hopes that future trade talks can move beyond tariffs, tax rates and export controls to explore how the two economies can cooperate more…
China will increase the share of green trade in its overall foreign commerce as part of efforts to accelerate its shift toward a sustainable growth model and upgrade industrial chains, government officials said on Friday. The Ministry of Commerce issued a guideline for expanding green trade on Thursday. The policy document states China will explore…
China has allocated 500 billion yuan ($70.3 billion) within the local government debt ceiling to strengthen the overall fiscal capacity of local governments and expand effective investment, the National Development and Reform Commission, the country’s top economic regulator said on Friday. Of the total, 200 billion yuan in newly added special bond quotas will be…
Tourists from Italy visit the Bund area in Shanghai, East China, July 21, 2025. [Photo/Xinhua] BEIJING – The number of overseas tourists claiming China’s departure tax refund surged 229.8 percent year-on-year in the first nine months of 2025, while the total tax refund rose by 97.4 percent, according to data released by the State Taxation…
China’s business links with other Asia-Pacific Economic Cooperation member economies will continue to deepen and remain highly complementary, enabling the region to sustain growth amid an increasingly fragmented global economy, government officials and corporate executives said. Lyu Daliang, director of the General Administration of Customs’ department of statistics and analysis, said as the Asia-Pacific region…