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5 cities aim for global consumption center status

An employee of a department store in Beijing helps a foreign tourist with his tax refund. JU ZONGHUAN/XINHUA Shanghai, Beijing, Guangdong province’s Guangzhou, Tianjin and Chongqing have been taking the lead in becoming international consumption centers in China, and significant achievements have been made after four years of development. As part of the country’s broader…

Draft to amend price law unveiled

China unveiled the draft of an amendment to its price law on Thursday for seeking public opinions, marking a significant step in strengthening market supervision, deterring unfair pricing practices, and reinforcing the country’s push toward a more efficient and high-quality economic structure. Experts said the move sends a clear signal that China is committed to…

Expo highlights smart auto ecosystem

Visitors view the structural shell of an electric vehicle at the third China International Supply Chain Expo in Beijing on Saturday. JU HUANZONG/XINHUA BEIJING — Every few dozen seconds, a gleaming electric vehicle glides off an automated assembly line in China, where nimble robotic arms perform with ballet-like precision and AI systems orchestrate production with…

Dalian to expand foreign trade as it eyes 1 trillion-yuan milestone

Guests shake hands with each other during 2024 Summer Davos in Dalian, Liaoning province, on Aug 22. YAO JIANFENG/XINHUA Dalian is looking to expand its foreign trade with a focus on neighboring international markets as it sprints toward becoming a city with a trillion-yuan ($139.7 billion) annual gross domestic product. The coastal port city, in…

The 2025 WIC Digital Silk Road Development Forum opens in Quanzhou

The 2025 WIC Digital Silk Road Development Forum officially opened on July 24 in Quanzhou, East China’s Fujian province, the historic starting point of the ancient Maritime Silk Road. Senior representatives from international organizations, Belt and Road countries and regions, internet companies, and academia gathered to explore new directions for the Digital Silk Road. The…

China seeks public opinion on draft amendment to pricing law

A customer shops for eggs at a supermarket in Handan city, North China’s Hebei province, June 9, 2025. [Photo/Xinhua] BEIJING — China’s authorities on Thursday released a draft amendment to the pricing law to solicit public opinion. The public can log on to the official website of the National Development and Reform Commission or the…

Relaxed, refined — foreign visitors impressed by ‘shopping paradise’

An Iranian student (left) who is studying in Shanghai samples local snacks on Wednesday with her parents at a gift shop in the city’s Nanjing Road Pedestrian Street. CHEN HAOMING/XINHUA While strolling around Shanghai’s trendiest shopping precinct on their visit, Vietnamese couple Nhu Truong and Tu Vo had an unexpected opportunity to take part in…

Hainan FTP to launch independent customs operations on December 18

China announced on Wednesday that its Hainan Free Trade Port (Hainan FTP) will officially implement independent customs operations across the entire island starting on December 18, following approval from the Communist Party of China Central Committee. The island-wide independent customs operation refers to the establishment of a designated area under the special supervision of customs…

China’s economic planner holds symposium on state-owned, private enterprise development

A view of the Huangpu River in Shanghai. [Photo/VCG] BEIJING — China’s top economic planner on Wednesday held a symposium with business representatives to solicit opinions and suggestions on the collaborative development of state-owned and private enterprises for the upcoming 15th Five-Year Plan (2026-2030). Zheng Shanjie, head of the National Development and Reform Commission, chaired…

Talks aim to resolve trade frictions with EU

China’s commerce minister had a “candid and in-depth” video meeting with his European Union counterpart just days before the China-EU Summit in Beijing on Thursday, with analysts saying that it showcased the willingness of Beijing and Brussels to resolve lingering trade frictions through dialogue. By moving closer together and staking out common ground, China and…