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AIIB hailed as pioneer in intl financial governance

Premier Li Qiang interacts with guests on Thursday at the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank in Beijing. Li addressed the opening ceremony of the meeting on the same day. WANG ZHUANGFEI/CHINA DAILY Premier Li Qiang said on Thursday that the Beijing-based Asian Infrastructure Investment Bank has…

China to further ramp up policy support to boost consumption, stabilize growth

People visit the 4th China-CEEC Expo & International Consumer Goods Fair in Ningbo, East China’s Zhejiang province, May 22, 2025. [Photo/Xinhua] China will continue to ramp up policy support to boost consumption and stabilize economic growth, officials and experts said in Beijing on Thursday. Amid a more complex and challenging external environment, China’s economy operated…

Beijing warns countries against signing trade deals with US that hurt Chinese interests

A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] China firmly opposes any country entering into trade agreements with the United States that compromise Chinese interests in exchange for the so-called tariff relief, said the Ministry of Commerce. China will not accept it and will take firm countermeasures to protect its legitimate…

AACCI president sees Linyi as strategic hub for logistics, trade

Ivan Kaukov, president of the Australian Asian Chamber of Commerce and Industry, praised Linyi’s well-developed logistics network during the fourth RCEP (Shandong) Import Expo, which is being held in Linyi, Shandong province, from June 27 to 29. He highlighted Linyi as a strategic base for distributing goods nationwide and expressed interest in bringing more Australian…

Colombian diplomat: China a trusted trade partner

China is Colombia’s second most important trade partner, and the Chinese market presents numerous opportunities for Colombian products, said Oscar Felipe Rueda Plata, commercial counselor, Colombian Embassy in China, to China Daily Website during an interview at the World Economic Forum’s 16th Annual Meeting of the New Champions 2025, commonly known as the Summer Davos…

China opposes any tariff deal made at its expense: commerce ministry

BEIJING — China firmly opposes any country making trade deals with the United States at the expense of Chinese interests in exchange for so-called “tariff relief,” a spokesperson for the Ministry of Commerce said on Saturday. “If such a situation arises, China will not accept it and will take resolute countermeasures to safeguard its legitimate…

China escalated fiscal policy, counter-cyclical steps to boost recovery and stabilize growth

An international automobile exhibition enables visitors to purchase brand models of mainstream automobiles and take advantage of a national subsidy policy in Beijing on June 12. GUO JUNFENG/FOR CHINA DAILY China stepped up its proactive fiscal policy and counter-cyclical measures last year to support economic recovery and stabilize growth, according to a report submitted to…

More policy support for trade-ins

A staff member (L) introduces the policies related to car purchase subsidies to consumers at a 4S store in Chongqing, Southwest China, Oct 17, 2024. [Photo/Xinhua] China will further ramp up policy support and reinforce funding for large-scale equipment renewals and consumer goods trade-in programs to boost consumption and stabilize economic growth, officials and experts…

Lawmakers adopt revised law on fair market practices

This panoramic aerial photo taken on Jan 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] Chinese lawmakers passed a revised version of the anti-unfair competition law on Friday, as part of the country’s broader efforts to drive a fair and orderly market…

Expert: China’s consumption efforts benefit global economy

Jiang Zhao, an associate researcher with the Chinese Academy of International Trade and Economic Cooperation, has said during an exclusive interview with China Perspectives that against the backdrop of rising trade protectionism and escalating international geopolitical tensions, China’s efforts to build a global consumption community with shared interests carry profound strategic significance. This initiative not…