Chinese Vice-Premier He Lifeng, also a member of the Political Bureau of the Communist Party of China Central Committee, will lead a delegation to Malaysia from Oct 24 to 27 to hold economic and trade consultations with the US side, China’s Ministry of Commerce announced Thursday.The two sides will hold consultations on important issues in…
SHANGHAI — Shanghai’s imports and exports totaled 3.34 trillion yuan ($470.7 billion) in the first three quarters of 2025, up 5.4 percent year-on-year, local customs authorities said on Wednesday. The growth rate increased by 0.9 percentage points compared to the Jan-Aug period. Exports in the first nine months climbed 11.3 percent to 1.48 trillion yuan,…
Tourists visit the Dunhuang Book Center in Dunhuang, Northwest China’s Gansu province, Oct 11, 2025. [Photo/Xinhua] China will fully leverage the advantages of its massive domestic market, making it a prime test ground for global innovation and turning the vast market into a shared opportunity for the world, Commerce Minister Wang Wentao said on Friday.…
Foreign business leaders and experts speak at the “Grow with China” CEO roundtable, which was jointly held by the Foreign Affairs Office of the Shanghai Municipal People’s Government and China Daily in Shanghai, Oct 20, 2025. [Photo by Gao Erqiang/China Daily] At the forefront of China’s reform and opening-up, Shanghai is spearheading the world’s second-largest…
A view of The Louis, which was launched in Shanghai earlier this year. CHINA DAILY LVMH Moet Hennessy Louis Vuitton, the world’s largest luxury goods group, has reported revenue of 58.1 billion euros ($67.7 billion) for the first nine months of 2025, up 1 percent year-on-year, buoyed by improving demand in China. The modest uptick offers…
China’s accelerating drive of finance digitalization is shifting from technology-driven innovation to deepening institutional reforms, with digital assets expected to redefine the logic of capital market operations, said experts participating at a high-level forum in Beijing on Saturday. The push — highlighted at a parallel session of the 2025 Tongzhou Global Development Forum — reflects…
The 2025 World Internet Conference Wuzhen Summit is expected to create an open platform for international exchanges and cooperation in digital technologies, while helping the global community to seize opportunities brought on by a new round of scientific and technological revolution to benefit humanity, the event’s organizer said on Friday. The summit is scheduled to…
More than 4,100 domestic and overseas online platforms, including major players such as Pinduoduo, Ele.me, Didi, and international cross-border marketplaces have submitted their first round of detailed tax-related information under a new reporting regulation effective this month, China’s top tax authority told China Daily on Thursday. The State Taxation Administration said the reporting process, which…
China’s accelerating digital transformation is evolving from an internal modernization drive into a global economic force, increasingly shaping the structure and resilience of world supply chains. “Enterprises must adopt a ‘top-down and grounded’ vision,” said Yao Jianming, professor at Renmin University’s Business School. “‘Top-down’ means influencing entire industries and national systems, while ‘grounded’ means addressing…
China’s implementation of export controls on rare earths is a legitimate move to improve its export control system, ensure national security and interests, and honor its international non-proliferation obligations. Responding to a media inquiry saying that certain European companies have had to suspend production while waiting for Chinese government’s green light of their rare earth…