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Resilient Chinese economy conducive to foreign firms

BEIJING — During last month’s third China International Supply Chain Expo (CISCE), overseas exhibitors made up 35 percent of participants — up 3 percentage points on 2024 and 9 points on the inaugural 2023 edition — with industry giants like Honeywell, GE Healthcare and Siemens already securing their spots for next year, underscoring foreign firms’…

Interest subsidy plan to spur spending

China will offer a new loan interest subsidy for businesses in eight eligible categories of the service sector, which officials and analysts said is an innovative step to enhance service offerings and spur spending appetites that will help the country meet its annual growth targets. “With an interest subsidy ratio of 1 percent, every 1…

Momentum builds in A-share market

The signs of a bull run are slowly but steadily emerging in China’s A-share market, underpinned by ongoing structural reforms and sustained long-term capital inflows. Experts said the developing rally is expected to gain further traction on the back of policy support and a gradually improving external environment. Their remarks came on Wednesday as the…

China drafts rules to curb exaggerated marketing of assisted driving features in EVs

A trainee drives an AI-driven training vehicle at the Xinlong driving school in Dongyang, East China’s Zhejiang province, July 5, 2025. [Photo/Xinhua] China’s top market regulator and the Ministry of Industry and Information Technology have issued a draft notice seeking public feedback on tighter oversight of recalls, production consistency and marketing practices for intelligent connected…

Solid monetary readings signal steady policy support

A cashier counts RMB notes in a bank in Haian, Jiangsu province. [Photo/Sipa] China’s aggregate social financing and broad money supply growth remained solid in July, official data showed on Wednesday, underscoring the continuation of an accommodative monetary policy that is providing a suitable financial environment for the real economy. The country’s aggregate social financing…

China imposes countermeasures against two EU banks over sanctions

China has imposed countermeasures on two European banks — UAB Urbo Bankas and AB Mano Bankas — in response to the European Union’s sanctions on Chinese financial institutions, the Ministry of Commerce said on Wednesday. Under the measures, organizations and individuals in China are prohibited from engaging in transactions, cooperation or other related activities with…

China launches countermeasures against two EU financial institutions

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China draws foreign investors as evolving economy meets proactive policies

BEIJING — During last month’s third China International Supply Chain Expo (CISCE), overseas exhibitors made up 35 percent of participants — up 3 percentage points from 2024 and 9 points from the inaugural 2023 edition — with industry giants like Honeywell, GE Healthcare, and Siemens already securing their spots for next year, underscoring foreign firms’…

Positive price trends seen in July amid demand pickup

A worker handles products at the Shu Brocade Workshop of the Chengdu Shu Brocade Research Institute, a private enterprise in Chengdu, Sichuan province, on July 3. LI XIANGYU / FOR CHINA DAILY China reported positive signs in terms of both consumer and producer prices last month, as government policies to boost domestic demand continued to…

New market entity data show vitality

China registered 13.28 million new market entities in the first half, with private and foreign-invested firms maintaining steady momentum and cultural industries posting the fastest growth, the State Administration for Market Regulation said on Tuesday. Private enterprises took the spotlight, with 4.35 million new registrations, up 4.6 percent year-on-year. Foreign-invested firms also rose 4.1 percent…