An aerial drone photo shows a view of the Tangshan Port in north China’s Hebei province, Jan 13, 2025. [Photo/Xinhua] As the United States clearly leverages tariffs as a bargaining chip in its dealings with trade partners, the rest of the world must stand together to respond in a cooperative manner, rather than negotiate for…
An aerial drone photo shows a view of the Tangshan Port in North China’s Hebei province, Jan 13, 2025. [Photo/Xinhua] China will introduce new foreign exchange policies that facilitate cross-border trade and financing while guarding the yuan stability, a senior official said, as part of the country’s ramped-up efforts to counter the shock stemming from…
Workers inspect and repair aircraft at a maintenance base in Hainan Free Trade Port in Hainan province on Feb 17. [Photo/Xinhua] As the first light of dawn bathes the shimmering shore of Hainan Free Trade Port, a vibrant tapestry of China’s opening-up unfolds. In Boao’s gleaming hospital buildings, physicians administer cutting-edge therapies under special regulatory…
Xinjiang Uygur autonomous region’s foreign trade value totaled 108.16 billion yuan (about $15 billion) in the first quarter of 2025, up 15.4 percent year-on-year, according to Urumqi Customs. Specifically, the region’s exports reached 95.17 billion yuan while its imports stood at 12.99 billion yuan. The growth, mainly driven by strong exports demands and diversification of…
CAI MENG/CHINA DAILY On April 2, United States President Donald Trump declared a so-called “Liberation Day” for the country, brandishing tariffs as weapons and launching surprise attacks across global trade. Trump claimed these measures were necessary to reclaim “economic sovereignty”, revive US manufacturing and reduce trade deficit. His arbitrary tariffs sent shock waves through the…
Shipping containers are stacked at the Port of Long Beach on April 2, 2025, in Long Beach, California. [Photo/Agencies] China has urged the United States to fully remove all unilateral tariffs imposed on its exporters, emphasizing that a genuine resolution can only be achieved through equal and constructive dialogue, the Ministry of Commerce said on…
BEIJING – The combined profit of major industrial enterprises went up 0.8 percent year-on-year in the first quarter of 2025, a reversal of the 3.3 percent decline in 2024, the National Bureau of Statistics (NBS) said on Sunday. The growth ended the profit downturn that had persisted since the third quarter of last year, NBS…
BEIJING – China unveiled a set of measures on Sunday to further optimize its departure tax refund policy to meet overseas tourists’ needs better and expand inbound consumption. The minimum purchase threshold for departure tax refunds has been lowered, allowing overseas travelers to apply for a refund if they spend at least 200 yuan (about…
BEIJING — With ample policy reserves and sufficient policy room, China is fully confident in achieving this year’s economic and social development goals and tasks, Zhao Chenxin, deputy head of the National Development and Reform Commission, told a press conference on Monday. Tanks to chinadaily.com.cn Please visit: Our Sponsor
China has introduced a new policy that enables foreign visitors to claim departure tax refunds for purchases as low as 200 yuan ($27) per day at the same store, significantly reducing the previous threshold of 500 yuan. This is part of the country’s latest move to optimize the departure tax refund policy for foreign visitors.…