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Yangshan Special Comprehensive Bonded Zone boosts foreign trade, innovation

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By giving full play to its advantages as a transportation hub and pioneering various institutional innovations, the Yangshan Special Comprehensive Bonded Zone has played an important role in stabilizing foreign trade over the past few years. The zone is part of the Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone. Data from…

China’s major stock indices jump as ‘slow bull’ momentum builds

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China’s three major stock indices surged on Thursday, with the Shenzhen Component Index and ChiNext Index both hitting fresh year-to-date highs. Analysts believe the A-share market is still in a “slow bull” phase, supported by a combination of favorable policies, steady domestic inflows and shifting global capital dynamics. At the day’s close, the Shanghai Composite…

Pilot plans to advance mkt-based allocation

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The skyline of Beijing. [Photo/VCG] China has unveiled comprehensive pilot reform plans to advance market-based allocation of production factors across 10 key regions, marking the country’s latest push to build a high-level socialist market economy system and foster high-quality development, officials and experts said on Thursday. They said the move will help further facilitate the…

Greater openness in digital trade prioritized

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An employee promotes durian via livestreaming at China (Ezhou) Cross-border E-commerce Industrial Park in Hubei province. [Photo provided to China Daily] China will take further steps to foster greater openness in the digital trade sector to enhance its global competitiveness, as the external trade environment faces intensifying headwinds, officials and experts said on Thursday. “China…

China responds to Mexico’s planned tariff hikes

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Yantian Port in Shenzhen, Guangdong province, bustles with activity in April. [Photo by He Shaoping/For China Daily] China will take necessary measures to firmly safeguard its legitimate rights and interests in response to Mexico’s planned tariffs, the Ministry of Commerce announced on Thursday. A ministry spokesperson made the remarks in response to media reports that…

Shanghai ‘model’ sets pace for robotaxi services

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A self-driving car in Shanghai during the World Artificial Intelligence Conference in Shanghai on July 28. XING YUN/FOR CHINA DAILY Shanghai teenager Tang Yuyang paid 21 yuan ($2.95) to ride 5.8 kilometers in a robotaxi for the simple joy of becoming a small part of the city’s automotive history. On the morning of Aug 1, he…

Intangible bonds: China’s service trade powers global growth

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China’s service trade maintained steady growth in the first half of 2025, with total imports and exports reaching 3.89 trillion yuan ($544.9 billion), up 8 percent year-on-year. Driving innovation and creating connections, China’s service trade is not just growing—it’s shaping a more integrated and prosperous global marketplace. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Meet Mongolia’s deputy PM at 5th China-Mongolia Expo

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The 5th China-Mongolia Expo concluded successfully on August 29 in Hohhot, gathering over 1,500 exhibitors from China and abroad. Themed “Deepening Mutual Cooperation for Win-Win Development”, the event showcased a vibrant mix of products, from specialty foods to lifestyle goods, attracting interest from visitors and residents. At the expo, Mongolia’s First Deputy Prime Minister and…

Mainland stock exchanges issue new sustainability disclosure guidelines

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A bronze bull stands outside the Shanghai Stock Exchange building in Shanghai. [Photo/VCG] China’s stock exchanges have released draft guidelines for corporate sustainability disclosures, marking the latest move toward raising the quality of environmental information disclosures and enhancing the investment appeal of high-quality Chinese listed companies. The Shanghai, Shenzhen and Beijing bourses, under the guidance…

China cuts mutual fund sales fees to lower investor costs, boost long-term investment

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China has proposed the first overhaul in 12 years of rules on mutual fund sales commissions, aiming to sharply reduce investor costs and encourage long-term holdings — part of a broader push to strengthen its capital markets. The China Securities Regulatory Commission said on Friday it had updated and renamed the administrative measures governing sales…