Skip to content

economic

US cannot contain China in the field of science and technology

“Currently, one-third of the authors featured in Nature journal are Chinese names. In another 10 years, researchers predicted that it will be half,” said Li Cheng, founding director of the Centre on Contemporary China and the World at the University of Hong Kong, at the 2025 RCEP Media & Think Tank Forum on May 25.…

Smoother platform economy planned

China’s top market regulator unveiled a draft guideline on Sunday to tighten oversight over how e-commerce and online platforms charge merchants, as officials ramp up efforts to promote fairer competition and reduce the operational burden on smaller vendors, which form the backbone of the platform economy. The State Administration for Market Regulation released a 28-article…

Fair seen boosting biz in western China

A robot interacts with visitors at the ongoing 20th Western China International Fair in Chengdu, Sichuan province. CHEN DONGDONG/FOR CHINA DAILY The ongoing 20th Western China International Fair, which kicked off on Sunday in Chengdu, capital of Sichuan province, has seen the signing of 416 investment projects totaling 354.3 billion yuan ($49.4 billion), the organizing…

Hainan’s new moves in opening-up

As Hainan moves toward special Customs operations, it becomes a living lab for China’s future-focused reforms. “(There are) a lot of things to cooperate between ASEAN, Indonesia and Hainan,” said Djauhari Oratmangun, Indonesian ambassador to China, at a meeting on major trends of China’s expanded opening-up. From trade facilitation to institutional innovation, Hainan offered a…

Draft guidelines propose stricter e-commerce fee regulations

A view of the Huangpu River in Shanghai. [Photo/VCG] China’s top market regulator unveiled draft guidelines on Sunday to tighten oversight of how e-commerce and online platforms charge merchants, as Beijing ramps up efforts to promote fairer competition and reduce the operational burden on smaller vendors, who form the backbone of the platform economy. The…

Small cities in focus for fresh fruit giants

A worker moves kiwi fruit at Shanghai Nangang wharf in March 2024. CHINA DAILY As international fresh fruit giants Zespri and Driscoll’s deepen their roots in China, both companies are shifting their growth strategies toward lower-tier cities, betting on rising health awareness, growing disposable incomes and evolving retail ecosystems to drive growth. To strengthen its…

China-CEEC business ties win-win for both

Products on display in the digital and smart manufacturing zone at the fourth China-CEEC Expo in Ningbo, Zhejiang province. ZHANG WEI/CHINA DAILY Growing business engagement between China and Central and Eastern European countries (CEEC) will deliver long-term benefits for both sides, providing fresh momentum for multilateral cooperation, green growth and the Belt and Road Initiative…

Financing support enhanced for micro, small companies

China has issued a guideline for stepping up financing support for micro and small enterprises, signaling the latest push for promoting a sector that is key to stabilizing employment and reviving the nation’s growth momentum. The document, jointly released on Wednesday by the National Financial Regulatory Administration and seven other central departments, details 23 measures,…