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Annual World FZO meeting opens in Hainan

The 11th annual World Free Zones Organization World Congress commences on Oct 10 in Haikou, Hainan province. [Photo provided to chinadaily.com.cn] The World Free Zones Organization’s 11th annual World Congress opened Friday in Haikou, Hainan province, bringing together global leaders and stakeholders in trade and investment. The three-day event aims to explore the role of…

Government support enables completion of millions of China’s purchased houses

Potential homebuyers look at a property model in Hohhot, Inner Mongolia autonomous region, on Oct 1, 2025. [Photo/VCG] China has now ensured that construction is complete on 7.5 million previously sold but unfinished homes across the country, safeguarding the legitimate rights and interests of a vast number of homebuyers, the Ministry of Housing and Urban-Rural…

Chinese people’s housing conditions further improved during 2021-25 period: minister

An employee (left) talks about an under-construction real estate project to a visitor in Chongqing on Sept 16. SUN KAIFANG/FOR CHINA DAILY BEIJING — China’s housing conditions have been significantly improved during the 14th Five-Year Plan period (2021-25), with cumulative sales of new commercial residential buildings reaching approximately 5 billion square meters of floor space,…

Rental consumption set to go mainstream

Ski enthusiasts rent equipment at a ski resort in Wenchuan county, Sichuan province, on Dec 27. WANG XI/XINHUA A camping equipment store in Southwest China’s Chongqing is filled with customers in late August. Between racks of tents and camping chairs, store owner Zhou Xiangyu is managing the steady flow of business with ease. “The summer season…

China launches antitrust probe into Qualcomm over Autotalks acquisition

File photo provided by Qualcomm shows Logo sign on Qualcomm campus building in San Diego, California, the United States. [Photo/Xinhua] China’s top market regulator has opened an antitrust investigation into US chipmaker Qualcomm Inc for failing to properly file its acquisition of automotive chip firm Autotalks, the State Administration for Market Regulation said on Friday.…

China slams US export controls and long-arm jurisdiction

An aerial drone photo shows a view of the Tangshan Port in North China’s Hebei province. [Photo/Xinhua] China on Friday firmly opposed the United States’ abuse of export control measures and long-arm jurisdiction, pledging to take necessary measures to safeguard the legitimate rights and interests of its businesses, according to the Ministry of Commerce. The…

Hong Kong presents maritime plans on shipping chamber’s first anniversary

Leung Chun-ying, vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference, says that, as a Special Administrative Region of a major shipbuilding and global shipping power, Hong Kong shoulders significant responsibilities. [Photo provided to chinadaily.com.cn] As a special administrative region of a major shipbuilding and global shipping power, Hong Kong shoulders significant…

HK lures over 100 key firms to establish base in SAR

Photo taken on May 12, 2025 shows the scenery on both sides of Victoria Harbor in Hong Kong. [Photo/Xinhua] The government of the Hong Kong Special Administrative Region has successfully attracted over 100 global strategic enterprises to establish a presence in the city, which is expected to bring in over HK$60 billion ($7.71 billion) in…

Visa-free policies help attract more visitors

BEIJING/GUANGZHOU — China’s inbound tourism witnessed significant growth during the eight-day National Day and Mid-Autumn Festival holiday, fueled by visa facilitation policies and a rich array of cultural and tourism activities. Beijing welcomed 25 million visitors during the holiday, generating tourism revenue of 31.65 billion yuan ($4.45 billion), with those figures up 3.6 percent and…

Export controls on rare earths announced

China will impose export controls on a range of rare earth technologies, covering mining, smelting and the recycling of secondary resources, the Ministry of Commerce announced on Thursday. Approved by the State Council, China’s Cabinet, the new measures mandate that overseas organizations and individuals must obtain a dual-use item export license from the ministry before…