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State-owned enterprises record sound growth

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A worker inspects raw materials at a spinning workshop in Jilin province on July 16, 2025. [Photo/Xinhua] China’s centrally administered State-owned enterprises have witnessed robust growth in both total assets and profits during the 14th Five-Year Plan (2021-25) period, the State assets regulator announced on Wednesday. Zhang Yuzhuo, chairman of the State-owned Assets Supervision and…

Expo opens as China-ASEAN trade hits record high

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A woman wearing an outfit featuring local delicacies of Indonesia stands near the country’s pavilion to attract visitors during the 22nd China-ASEAN Expo and the China-ASEAN Business and Investment Summit on Wednesday in Nanning, Guangxi Zhuang autonomous region. ZHANG WEI/CHINA DAILY China is willing to work with the Association of Southeast Asian Nations to uphold peaceful…

Foreign capital access to housing eased

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China has eased the access for foreign capital into the country’s housing market, a move experts said is aimed at stabilizing the residential property sector, opening up the country’s capital account further and attracting more foreign investment. The State Administration of Foreign Exchange, China’s forex regulator, announced on Monday that it has shortened the negative…

Taicang Port reports 7.9 percent cargo throughput growth

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The container terminal at Taicang Port. [Photo provided to chinadaily.com.cn] Taicang Port has reported a performance boost in the first eight months of the year after achieving a cargo throughput of 199 million tons, representing a 7.9 percent increase over the same period last year. The port also saw a rise in foreign trade cargo,…

Hong Kong equities seen on steady track

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Executives from Hesai Group attend the company’s listing ceremony at the Hong Kong bourse on Tuesday. LAM YIK/BLOOMBERG/GETTY IMAGES The Hong Kong equity market has demonstrated notable resilience in recent quarters, with average daily turnover for the first eight months of 2025 surging to HK$248.3 billion ($32 billion), a 132 percent increase compared with the same…

Bay area expecting invigorated tech vitality

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Measures promoting reforms for market-based allocation of technological and data elements in the Guangdong-Hong Kong-Macao Greater Bay Area will further ignite innovation vitality and unleash its industrial advantages, experts said. The remarks were made following the launch of comprehensive pilot reform plans to push forward with market-based allocation of production factors across 10 key regions.…

China supports Beijing to pilot WTO e-commerce agreement

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BEIJING — Chinese authorities have issued a work plan to support Beijing for piloting the World Trade Organization e-commerce agreement, according to the Ministry of Commerce on Friday. The plan, jointly issued by five government bodies including the ministry, outlines 41 measures in five key areas to boost trade digitalization, improve data governance, optimize digital…

China’s efforts to enforce IP regulations lauded at roundtable

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Zhu Guangyao, former vice-minister of finance. [Photo by Wang Jing/chinadaily.com.cn] China’s intensified efforts to protect intellectual property rights (IPR) will help facilitate the cultivation of new quality productive forces and create immense business opportunities for multinational companies amid external challenges and uncertainties, experts and business leaders said at a high-level forum on Friday. They said…

Steps set to stimulate investment

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China will roll out a series of targeted measures to encourage private enterprises to invest with confidence and achieve satisfactory returns, the State Council, the country’s Cabinet, said on Friday. Dedicated measures will be employed to address the pressing concerns facing private businesses, including expanded market access and better government service, according to the State…