XINING — China on Wednesday launched a national summer holiday cultural and tourism consumption campaign, with more than 450 million yuan ($66 million) worth of consumer vouchers to be distributed. Organized by the Ministry of Culture and Tourism, the campaign aims to improve the supply of seasonal tourism products and services and encourage people to…
Customers shop for fruit at a supermarket in Handan, North China’s Hebei province, June 10, 2026. [Photo/Xinhua] BEIJING – China’s consumer price index (CPI), a main gauge of inflation, rose 1.0 percent year-on-year in June, official data showed Thursday.The core CPI, which excludes food and energy prices, also increased 1.0 percent year-on-year, according to the…
BEIJING – Chinese authorities have issued a guideline to accelerate the innovative development of the retail industry, aiming to establish a modern retail system and cultivate a number of globally competitive retail enterprises by 2030. The guideline, released by multiple government departments including the Ministry of Commerce, outlines key tasks ranging from system planning for…
BEIJING – Chinese authorities have issued a guideline to accelerate the innovative development of the retail industry, aiming to establish a modern retail system and cultivate a number of globally competitive retail enterprises by 2030. The guideline, released by multiple government departments including the Ministry of Commerce, outlines key tasks ranging from system planning for…
BEIJING – Chinese authorities have issued a guideline to accelerate the innovative development of the retail industry, aiming to establish a modern retail system and cultivate a number of globally competitive retail enterprises by 2030. The guideline, released by multiple government departments including the Ministry of Commerce, outlines key tasks ranging from system planning for…
BEIJING – Chinese authorities have issued a guideline to accelerate the innovative development of the retail industry, aiming to establish a modern retail system and cultivate a number of globally competitive retail enterprises by 2030. The guideline, released by multiple government departments including the Ministry of Commerce, outlines key tasks ranging from system planning for…
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Travelers line up for departure tax refunds at Shanghai Pudong International Airport. CHINA DAILY Core measures of the upgraded version 2.0 departure tax refund policy, including a fully paperless process and a random inspection system for small amounts, were officially rolled out earlier this month, allowing inbound travelers to immediately experience seamless efficiency. “Previously, processing…
China has urged the Netherlands to foster a fair, transparent and predictable business environment for Chinese companies investing in the country and maintain the stability of semiconductor industrial and supply chains, the Ministry of Commerce said in a statement on Wednesday. Commerce Minister Wang Wentao called for efforts to properly resolve business disputes between the…
The International Monetary Fund’s World Economic Outlook update, which was released on Wednesday, projected global growth at 3 percent this year, down from an average of 3.5 percent between 2024 and 2025, with a few economies, including China, emerging as bright spots. The negative impact of the United States and Israel’s war with Iran on…