China is deepening its commitment to human-centric development by significantly increasing investment in social well-being, officials said on Tuesday, as the country seeks to tackle pressing issues faced by the public and ensure more equitable access to basic social services. Xiao Weiming, deputy secretary-general of the National Development and Reform Commission, said the share of…
In pursuit of greener growth, China is steadily incorporating resources and environmental factors into the market framework as tradable production inputs, ensuring their value is more visible across the economy. The latest move came in late May, when Chinese authorities unveiled a high-level guideline to accelerate the development of trading markets for carbon emission rights,…
A view of Beijing’s CBD area. [Photo/VCG] As global firms navigate rising geopolitical and economic uncertainties, China will remain a critical pillar in their long-term growth strategies, said executives from European business chambers and corporations. Remi Paul, president of the French Chamber of Commerce and Industry in China, said an increasing number of French companies…
A villager sells blueberries via livestreaming in Lianyungang, Jiangsu province. SI WEI/FOR CHINA DAILY BEIJING — Public opinion on regulations for the supervision and administration of livestream e-commerce is being solicited, China’s top market regulator announced on Tuesday. The State Administration for Market Regulation said that it has drafted the regulations in collaboration with the…
Foreign tourists shop at the Silk Street Market in Beijing on April 20. [CHINA DAILY] BEIJING — China saw a vibrant surge in inbound consumption following the rollout of its refined tax-refund-upon-departure policy, with notable increases in both the number of tax refund stores and the total amount refunded. Between April 27 and May 26,…
Vice-Premier He Lifeng (right) shakes hands with US Treasury Secretary Scott Bessent (left) at the first meeting under the China-US economic and trade consultation mechanism, held in London on Monday. [Photo/Xinhua] Chinese Vice-Premier He Lifeng called on the United States to honor its commitments and uphold the hard-won achievements made during the first meeting under…
College graduates gather information at an employer’s stand during a job fair held in Chongqing, on June 10, 2025. [Photo/VCG] A nationwide campaign to support the employment of 2025 college graduates is underway from June to July, said a notice by the Ministry of Education on Tuesday. The campaign will focus on publicizing central and…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s central bank injected 1 trillion yuan ($139 billion) into the market on Friday via an outright reverse repo operation, which not only reinforces its commitment to economic growth but also signals efforts to improve the transparency of…
BEIJING — Whatever challenge may appear in the external environment, China’s manufacturing remains needed by the world, and the Chinese market will always be a magnet for foreign investment, a foreign ministry spokesperson said here Friday. It was reported that amid the severe international economic environment, China’s trade and economic ties with the rest of…
Visitors learn about aircraft products during the 9th Silk Road International Exposition and the Investment and Trade Forum for Cooperation between East & West China in Xi’an, Northwest China’s Shaanxi province, May 21, 2025. [Photo/Xinhua] China will establish 10 national comprehensive pilot zones for data elements, according to an announcement made by the National Data…