China’s top securities regulator released draft rules detailing administrative penalties for illegal share disposals by major shareholders on Friday, in a move to better protect investors’ rights. The China Securities Regulatory Commission said the draft implementation rules, open for public consultation till May 17, have detailed the definition and punishment of illicit securities transfers. Sources…
Guangdong’s import and export volume reached 2.54 trillion yuan ($181.7 billion) in the first quarter, up 19.4 percent year-on-year, customs data showed Friday, extending the province’s streak of positive annual growth to 14 consecutive months. Exports rose 14.3 percent to 1.53 trillion yuan over the period, while imports climbed 27.8 percent to 1.01 trillion yuan,…
China has intensified its war on tax-related crimes, identifying over 7.38 million false VAT invoices and recovering 24.6 billion yuan ($3.6 billion) in lost export tax rebates over the past two years, as eight government departments vowed to forge a tougher, comprehensive enforcement mechanism. The data was released during a national meeting in Beijing on…
When fossil fuels become geopolitical leverage, the shift to renewables accelerates. China’s answer isn’t energy dominance — but helping build clean energy capacity around the world, enabling more countries to move beyond vulnerability and toward real energy independence. Tanks to chinadaily.com.cn Please visit: Our Sponsor
China’s top market regulator has fined seven major e-commerce and food delivery platforms a combined 3.6 billion yuan ($500 million) for violations linked to so-called “ghost kitchen” operations, in what is one of the country’s largest online food safety penalties to be levied to date. The State Administration for Market Regulation said on Friday it…
A roundtable aimed at strengthening ties between Beijing’s Xicheng district and the City of London was held in the UK capital on Tuesday. Both areas share a heritage of being the historical centers of their respective capitals and are renowned for their financial sectors. Beijing and London have maintained a formal friendship for more than…
With the boosting of domestic demand a key priority during the 15th Five-Year Plan (2026-30) period, China will formulate and release an implementation plan to aid in accomplishing that goal, Wang Changlin, deputy head of the National Development and Reform Commission, said on Friday. “China’s advantages as a super-sized market have not been fully leveraged,…
Visitors enjoy local snacks while appreciating intangible heritage at a market in Hefei, Anhui province, on Feb 22, 2026. [Photo/VCG] China’s catering revenue rose in the first quarter, as seasonal offerings and outdoor dining trends helped support consumer spending, according to data released by the National Bureau of Statistics on Thursday. The data showed that…
Robots produce automotive body sheet metal parts at a workshop in Fuzhou, Fujian province, on Thursday. WANG WANGWANG/FOR CHINA DAILY China’s economic growth accelerated to 5 percent in the first quarter of 2026 despite mounting external uncertainties, underscoring that the resilience of the world’s second-largest economy is underpinned by its vast domestic market, officials and…
China will step up efforts to attract multinational corporations to establish research and development operations in the country, leveraging its comprehensive industrial system, highly skilled workforce and vast application scenarios to help global partners tap into the nation’s green, digital and intelligent transformation, the Ministry of Commerce said on Thursday. “Foreign-funded R&D centers have become…