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China’s CPI down 0.3% in Sept

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China issues 2025 report on US WTO compliance

BEIJING — China’s Ministry of Commerce on Friday released a report on the United States’ compliance with the World Trade Organization, expressing concerns over US trade bullying practices and double-standard manipulations in industrial policy. The 2025 Report on the WTO Compliance of the United States also expressed China’s concerns over US practices that undermine the…

Manufacturing, services to further integrate

A staff member synchronizes robot actions at Leju Robotics in Shenzhen, South China’s Guangdong province, March 27, 2025. [Photo/Xinhua] China has released a new four-year plan to accelerate the integration of advanced manufacturing with modern services, aiming to make “service-oriented manufacturing” a key driver of high-quality industrial growth by 2028. Service-oriented manufacturing is a business…

China grants market access to 15 food categories from Belt and Road countries

Workers inspect durian in Chanthaburi Province, Thailand, before placing the fruit into trucks for export to China on May 9. LAUREN DECICCA/GETTY IMAGES SHANGHAI — China’s General Administration of Customs (GAC) on Wednesday granted market access to 15 categories of food products from 10 countries, including South Africa and Belarus, paving the way for more…

CPI, PPI show stabilization tendencies

China’s consumer and factory-gate prices showed further signs of stabilization in September, as recovering domestic demand, industrial upgrading and policy support helped narrow price declines and strengthen underlying inflation momentum, analysts said on Wednesday. The National Bureau of Statistics said the consumer price index, the main gauge of inflation, fell 0.3 percent year-on-year in September,…

Labubu keeps on striking the right chord

Pop Mart founder Wang Ning (right), artist Kasing Lung (left) and Apple CEO Tim Cook at a Pop Mart store in Shanghai on Monday. CHINA DAILY Apple CEO Tim Cook’s unexpected appearance at Pop Mart’s 10th anniversary showcase in China this week sparked both social media buzz and a stock rally. During his visit on Monday,…

Expert: VAT collection could shift to consumption end during 15th Five-Year Plan period

Ahead of the upcoming fourth plenary session of the 20th Communist Party of China Central Committee, Qiao Baoyun, a professor at the Central University of Finance and Economics, shared in an exclusive interview with China Perspective that the value added tax (VAT) collection mechanism could shift from its current “production site-based” model to a “consumption…

Time-honored brands attracting young buyers

Time-honored Beijing snack brand Daoxiangcun in Suzhou, Jiangsu province, offers Suzhou-style pastries to attract customers on June 29. CHINA DAILY Outside the flagship store of time-honored Beijing snack brand Daoxiangcun, a line snakes down the block. Inside, young customers snap photos of seasonal pastries not just to eat, but to post online. In Beijing’s Ruifuxiang Silk…

Shanghai sets ambitious future industry goals for 2030

Shanghai announces a strategic goal at a press briefing on Saturday to become a globally influential leader in future industries. [Photo by Zhou Wenting/chinadaily.com.cn] Shanghai announced a strategic goal on Saturday to become a globally influential leader in future industries by 2030 through cultivating and expanding a number of future industries and developing several strategic…