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China announces new export control measures

New export control measures will be imposed on products linked to superhard materials, rare earth-related equipment and materials, and batteries, the Ministry of Commerce and the General Administration of Customs announced on Thursday.  Starting on Nov 8, the export of items involving superhard materials, equipment and raw materials associated with rare earths, five medium and…

Urban renovation sees rosy outlook

A residential property is under construction in Shanghai’s Huangpu district, on Sept 22, 2025. [Photo/VCG] As Chinese cities enter a new era driven by urban regeneration, property developers focusing on high-quality development of existing urban areas are finding themselves better positioned than ever, senior executives of Shanghai-based Shui On Land Ltd said. Aiming at playing…

8-day holiday showcases robust economic vitality

Visitors explore Taiping Street, one of the most popular sites in Changsha, Hunan province, on Oct 4, 2025. [Photo/VCG] BEIJING — The 2025 “super golden week”, combining the National Day and Mid-Autumn Festival holidays, demonstrated China’s vibrant consumption and sustained economic momentum, underscoring the country’s transition toward high-quality development. Cultural push Across China, the synergy…

Hainan FTP boosts global trade hub

The first tumor ablation surgery guided by magnetic resonance is carried out at Bo’ao Lecheng International Medical Tourism Pilot Zone in Hainan Free Trade Port in April 2024. YUAN CHEN/FOR CHINA DAILY Hainan Free Trade Port is accelerating its transformation into a global trade and services hub, with preferential tax and zero-tariff policies fueling double-digit growth…

Digital commerce success highlights island province’s supportive ecosystem

A Pakistani livestreamer makes a sales presentation in the streaming room of an internet information industrial park in Haikou, Hainan province, on Sept 22. ZHENG YUE/XINHUA Usman Naim, a Nigerian national, opened his livestream session on a social e-commerce platform with local handicrafts and cultural products displayed behind him. He pitched Hainan-made goods to consumers in…

Role of intl cooperation, financial services in focus to ramp up green push

A drone photo taken on Aug 8, 2025 shows a demonstration project for integrated photovoltaic and energy storage in Dongying city, East China’s Shandong province. [Photo/Xinhua] Giving more play to financial service providers and seeking deeper international cooperation are vital to the green transition and low-carbon development, which are the very basis of high-quality economic…

China imposes stringent export controls on core rare earth technologies

[Photo/Xinhua] China has imposed export controls on a range of core rare earth technologies, covering areas from mining and smelting to the recycling of secondary resources, according to information released by the Ministry of Commerce. Approved by the State Council, the new measures, revealed on Thursday, mandate that overseas organizations and individuals must obtain a…

Hubei boosts tailored support for startups

A drone-captured aerial image taken on March 16, 2024, shows the Wuhan New Energy Research Institute building in Optics Valley of China in Wuhan, Hubei province. WU ZHIZUN/XINHUA China is expanding its network of high-tech industrial parks to drive innovation and new economic growth, with projects in Hubei province, including the youth pioneer park in…

Forex reserves hit highest level in decade

A bank staff member counts RMB and US dollar notes in Nantong, Jiangsu province. [Photo/Sipa] China’s foreign exchange reserves stood at the highest level in a decade in September, underscoring the country’s growing economic resilience in the face of external shocks, official data revealed on Tuesday. At the same time, official gold reserves rose for…

Chengdu’s charming nighttime economy bedazzles visitors

Tourists take cruises to enjoy landmarks on both sides of the Jinjiang River in Chengdu, Sichuan province, on Aug 20. CHEN HAN/FOR CHINA DAILY As boats with roofs painted black slowly approach each other on the Jinjiang River, the nighttime economy along the river heats up, adding to Chengdu’s unique charm. The vitality of the capital…