economic

The Donghu High-Tech Haikou Bio-City is a flagship project developed by the Haikou National High-tech Industrial Development Zone. Throughout the park, various low-carbon and energy-saving devices, such as photovoltaic benches and photovoltaic power generation trees, are helping to create a zero-carbon park. Zheng Yuhua, general manager of the Hainan Special Economic Zone Donghu High-tech Investment…

The international operation center of the digital yuan, or e-CNY, has officially begun operations, the People’s Bank of China said on Thursday, marking China’s latest step in providing innovative solutions for cross-border payments. The central bank said that a promotional event in Shanghai was held on Wednesday, where relevant institutions were briefed on the functions…

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BEIJING – China on Thursday called on the United States to take positive actions, cancel relevant unreasonable tariffs, and create conditions for expanding bilateral trade. He Yadong, a spokesperson for the Ministry of Commerce, made the remarks at a press briefing in response to questions regarding potential Chinese purchases of US soybeans and Boeing aircraft.…

China has decided to add three US entities to its export control list to safeguard national security and interests, and fulfill international obligations such as non-proliferation, the Ministry of Commerce said in a statement on Thursday. The three entities are Huntington Ingalls Industries, Inc, Planate Management Group, and Global Dimensions LLC. In accordance with relevant…

Visitors experience an immersive VR project at the 2025 China International Fair for Trade in Services in Beijing. ZOU HONG/CHINA DAILY BEIJING — Chinese authorities have unveiled a package of measures aimed at boosting services exports and promoting the high-quality development of trade in services. A notice made public on the website of the Ministry of…

Premier Li Qiang (5th from left) addresses a high-level meeting on the Global Development Initiative held by China on Tuesday at the United Nations headquarters in New York, the United States. [Photo/Xinhua] As a responsible major developing country, China will not seek new special and differential treatment in current and future negotiations at the World…

The benefits provided to businesses under zero-tariff policies will be expanded after the Hainan Free Trade Port launches the island-wide special customs operations on Dec 18. Zhou Zheng, deputy director of the Hainan Provincial Department of Finance, said on Monday, “Following the special customs operations, the ‘zero-tariff’ rate will jump from just over 20 percent…

The United Kingdom is shifting its focus in China from major corporations to supporting smaller, innovative companies seeking to enter the market, according to British trade officials. “We’re looking to see what we can do with innovative smaller companies and how we can help them enter the second-largest market in the world – and probably…

A drone photo taken on Aug 25, 2025 shows a view of a container terminal of Tianjin Port in North China’s Tianjin. [Photo/Xinhua] China will firmly uphold the multilateral trading system, actively implement the Global Development Initiative, and advance global governance, Li Chenggang, China’s international trade representative with the Ministry of Commerce, said on Wednesday.…