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…
The Development Bank of Kazakhstan JSC has issued a three-year offshore renminbi bond worth 2 billion yuan ($280 million) in Hong Kong this week, marking the first renminbi bond globally issued by a Kazakhstan-based entity and the first from Central Asia to list on the Hong Kong exchange. The deal, facilitated by China International Capital…
China’s Ministry of Commerce announced on Friday that it has made a preliminary ruling in its anti-dumping investigation into pork and pork by-products imported from the European Union, finding that such imports were sold below fair market value and caused material injury to the domestic industry. The ministry said in a statement that initial evidence…
BEIJING – China has decided to implement temporary anti-dumping measures on certain pork and pig by-products originating from the European Union, starting Sept 10, according to a preliminary ruling announced by the Ministry of Commerce on Friday. Such imports involved dumping and caused substantial damage to the related domestic industry, the ministry said in the…
China has released a two-year action plan to stabilize growth in its vast electronic information manufacturing sector, setting targets for annual output and revenue increases through 2026, as the nation seeks to bolster consumption and secure its role in the global technology race. The action plan, unveiled by the Ministry of Industry and Information Technology…
Workers manufacture data cables at a production workshop of an electronics enterprise in Liuzhou, Guangxi Zhuang autonomous region, on Aug 20. TAN KAIXING/FOR CHINA DAILY Last month, at the loading area of Cuori Electrical Appliances (Group) Co Ltd in Ningbo, Zhejiang province, five container trucks laden with steam irons and vacuum cleaners set off for Indonesia.…
China’s foreign trade grew 3.5 percent year-on-year to 29.57 trillion yuan ($4.14 trillion) in the first eight months of 2025, according to data from the General Administration of Customs released on Monday. Exports rose 6.9 percent year-on-year to 17.61 trillion yuan between January and August, while imports dipped 1.2 percent to 11.96 trillion yuan during…
Cyclists at a wetland park in Bozhou, Anhui province, in July. LIU QINLI/FOR CHINA DAILY BEIJING — China on Thursday issued a set of guidelines to unleash the consumption potential of the sports economy, as part of broader efforts to drive the high-quality development of related industries. By 2030, China plans to cultivate a batch…
The Thursday adjustment in most sectors in the A-share market is an oft seen phenomenon after days of sharp advances, and it will not impact the structural opportunities and long-term upward trend in the Chinese capital market, said experts. Their comments were made on Thursday after the benchmark Shanghai Composite Index shed 1.25 percent to…
Tourists go through the departure tax refund process in Chengdu, Sichuan province. ZHANG LANG/CHINA NEWS SERVICE Jinjiang district in Chengdu, Southwest China’s Sichuan province, is taking consumption to another level by promoting both the debut economy and the departure tax refund policy. The district has so far put in place over 600 debut stores with…