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Improved Sino-US biz ties welcomed

Closer engagement between Chinese and US business communities is likely to mitigate the risk of economic decoupling and reinforce the enduring appeal of the Chinese market to global investors, said government officials and business leaders on Thursday. They made the remarks following the latest round of China-US economic and trade talks held in Stockholm earlier…

Steps to spur consumption, enhance vitality

A State Council executive meeting presided over by Premier Li Qiang on Thursday called for stepping up efforts to improve the effectiveness of macroeconomic policies, while arranging the implementation of interest subsidies on personal consumption loans and loans to service sector businesses to better stimulate consumption and enhance market vitality. As the country’s latest step…

China seeks to deepen dialogue, consultations with US

BEIJING — China looks forward to deepening dialogue and consultations with the United States to seek more mutually beneficial outcomes, Ministry of Commerce spokesperson He Yadong said on Thursday. The spokesperson made the remarks while responding to a media question about the recent China-US trade talks held in Stockholm, Sweden. The two sides held candid,…

New round of China-US trade talks starts in Sweden

Reporters from international media wait outside Rosenbad, the Swedish prime minister’s office, on Monday morning in Stockholm, Sweden. [Photo by Xing Yi/chinadaily.com.cn] STOCKHOLM – The Chinese and US delegations convened here on Monday for a new round of economic and trade talks. Reporters from international media wait outside Rosenbad, the Swedish prime minister’s office, on…

US business leader: ‘Constructive dialogue, collaboration’ needed more than ever

Organon CEO Kevin Ali has been appointed the new chairperson of the US Chamber of Commerce’s China Center, saying he is “eager to work with all parties to foster diverse business partnerships”. [Photo provided to chinadaily.com.cn] A senior business leader from the United States has insisted that to inject new momentum into achieving mutual benefits…

China’s manufacturing sector softens in July, new drivers resilient

BEIJING — China’s manufacturing sector softened slightly in July due to seasonal factors, but underlying growth momentum remained resilient, with emerging industries gaining traction and business confidence continuing to improve. The purchasing managers’ index (PMI) for manufacturers stood at 49.3 in July, down from 49.7 the previous month, according to data released Thursday by the…

China’s non-manufacturing PMI at 50.1 in July

BEIJING — The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 50.1 in July, down from 50.5 the previous month, official data showed Thursday. A reading above 50 indicates expansion, while a reading below 50 reflects contraction. The sub-index for the construction sector came in at 50.6 in July, down from the…

Hainan policy to boost investor appeal

An aerial drone photo shows a duty-free shopping mall in Sanya, South China’s Hainan province, May 29, 2025. [Photo/Xinhua] Customs operations at the Hainan Free Trade Port, which will be completely independent island-wide from mid-December, are expected to strengthen the port’s connectivity with Asia-Pacific economies and boost its appeal to global investors, said market watchers…

China drafts new rules to guide, evaluate government investment funds

BEIJING — China’s National Development and Reform Commission announced on Wednesday that it is soliciting public opinions on draft plans to guide and evaluate government investment funds, aiming to better leverage their role in serving national strategies, boosting industrial upgrading, and fostering innovation and entrepreneurship. The draft plan on guiding government investment funds is designed…

MIIT pledges openness for US business

China’s top industry regulator reaffirmed the country’s commitment to supporting foreign-funded enterprises during a meeting with major US companies, including Apple Inc, in Beijing on Tuesday. Li Lecheng, minister of industry and information technology, said his ministry will continue to offer strong service support for US firms operating in China. He encouraged US companies to…