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China injects 500b yuan to fund over 2,300 strategic projects

Visitors learn about a manned aircraft during the China International Digital Economy Expo 2025 in Shijiazhuang, North China’s Hebei province, Oct 17, 2025. [Photo/Xinhua] China has fully allocated a new policy-based financial instrument worth 500 billion yuan ($70.3 billion), the National Development and Reform Commission (NDRC) said on Friday. The NDRC, together with the Ministry…

Online sellers boost ties with BRI partners

People check out handicrafts at a pop-up event showcasing African products at a shopping mall in Changsha, Hunan province, on April 28. LI JIAN/FOR CHINA DAILY Chinese e-commerce companies are intensifying efforts to expand trade and investment with countries and regions participating in the Belt and Road Initiative, and strengthen Silk Road e-commerce cooperation, which…

Financial ties fuel Chinese companies’ overseas expansion

A pilot waves to the audience after the demo flight of a flying car developed by Chinese company XPENG AEROHT in Dubai, the United Arab Emirates, Oct 12, 2025. [Photo/Xinhua] Financial business leaders attending a major forum in Beijing have shared their insights on facilitating the global expansion of Chinese companies, and on how the…

China’s manufacturing PMI at 49.0 in Oct

This photo taken on Oct 16, 2025 shows a view of a factory of Jiangsu Yueda Kia Motors Co Ltd in Yancheng, East China’s Jiangsu province. [Photo/Xinhua] The purchasing managers’ index of China’s manufacturing industry came in at 49.0 in October, down 0.8 percentage points from the previous month, data released by the National Bureau…

China, US reach consensuses on tariffs, export restrictions

An aerial drone photo taken on Oct 24, 2025 shows Merdeka 118, the venue for the China-US economic and trade talks, in Kuala Lumpur, Malaysia. [Photo/Xinhua] The Ministry of Commerce announced on Thursday the specifics of the consensus reached between China and the United States during the trade talks in Malaysia over the last weekend,…

Hebei’s GDP approaches 5t yuan during 14th Five-Year Plan period

A press conference on the achievements of the 14th Five-Year Plan period (2021-25) was held on Wednesday by the Information Office of the Hebei Provincial People’s Government. [Photo provided to chinadaily.com.cn] North China’s Hebei province has witnessed steady economic and social progress during the 14th Five-Year Plan period (2021-25), with its regional GDP approaching five…

Stable China-US relations paramount to global economy, Chinese official says

  The photo taken on Oct 25, 2025 shows Merdeka 118, the venue for the China-US economic and trade talks, in Kuala Lumpur, Malaysia. [Photo/Xinhua] A senior Chinese official said on Sunday that the recent volatility in China–US economic and trade relations is not what Beijing wants to see, emphasizing that both sides agree that…

Chinese State firms maintain stable revenue in first 9 months

This undated photo shows the world’s most powerful direct-drive floating wind turbine in Fuqing, Southeast China’s Fujian province. [Photo/Xinhua] BEIJING — China’s State-owned and State-controlled enterprises displayed generally stable performance in the first nine months of 2025, official data showed on Wednesday. Their total operating revenue came in at nearly 61.33 trillion yuan (about $8.66…

Risk management big niche for reinsurance biz

The next decade will be a critical period for China’s insurance and reinsurance industry to address existing gaps, making the acceleration of reinsurance development a fundamental logic and strategic choice for financial reform and development, officials and senior executives in the insurance industry said. Zhuang Qianzhi, Party head of China Reinsurance (Group) Corp, said that…

China unveils new measures to facilitate cross-border trade

Visitors communicate with an exhibitor (R) at the ninth China-South Africa Trade Fair in Johannesburg, South Africa, Sept 23, 2025. [Photo/Xinhua] BEIJING — China’s foreign exchange regulator on Wednesday issued a notice introducing a package of new measures to further facilitate cross-border trade receipts and payments and enhance foreign exchange services, aiming to stabilize the…