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Mickey Mouse and his friends entertain the audience at Shanghai Disney Resort on April 10. TANG YANJUN/CHINA NEWS SERVICE China’s theme park sector is transitioning from years of volatile growth into a period of steadier expansion, even as shifting consumer preferences and rising competition reshape the landscape, according to an industry report. On the same…
An employee distributes flags to a young visitor at Legoland Shanghai Resort on July 5. CHINA DAILY The opening of Legoland Shanghai Resort on July 5 has been key to Lego Group’s long-term strategy in China, marking a major milestone in its efforts to build a full ecosystem — from retail and brand experiences to…
Foreign financial institutions are showing growing confidence in China’s economic prospects by increasing their exposure to Chinese assets, as the country’s innovation-driven development and structural growth opportunities gain global recognition. The optimism is supported by China’s accommodative macroeconomic policies and its accelerating transformation in key sectors, such as advanced manufacturing, clean technology and digital innovation.…
Altogether 146 foreign language versions of national standards were released earlier this week during the 2025 Qingdao Forum on International Standardization, marking a further step in the country’s efforts to deepen global standardization cooperation and international trade. The event was held in Qingdao, Shandong province. Internationally, standards serve as critical technical barometers for science, technology,…
China’s foreign trade grew by 2.9 percent year-on-year to 21.79 trillion yuan ($3.04 trillion) in the first half of 2025, according to data released by the General Administration of Customs on Monday. Exports rose by 7.2 percent year-on-year to 13 trillion yuan between January and June, while imports declined by 2.7 percent over the same…
China’s high-quality development, underpinned by openness, innovation and inclusive growth, is bringing heightened certainty to a world grappling with mounting economic and geopolitical uncertainties, officials and experts said on Friday during the Global Civilizations Dialogue Ministerial Meeting in Beijing. They made the remarks at one of the parallel subforums of the two-day meeting, called “Inter-civilization…
A taxation bureau official (left) answers a taxpayer’s queries in Fuzhou, capital of Fujian province. [Photo/Xinhua] Chinese tax authorities are stepping up efforts to ensure residents declare and pay taxes on overseas income, as part of broader efforts to enhance cross-border tax transparency and bring China’s enforcement in line with international standards, industry experts said…
Containerships dock at a port in Shanghai on Sunday. JI HAIXIN/FOR CHINA DAILY China’s 2025 growth target of around 5 percent remains achievable despite major trade disruptions, while a sustained recovery will hinge on structural reforms to bolster consumer confidence and unlock long-term growth potential, said a renowned expert. “As long as tariffs stay at…
Chinese tax authorities are stepping up efforts to ensure households declare and pay taxes on overseas income, as part of a broader initiative to enhance cross-border tax transparency and bring China’s enforcement in line with international standards, industry experts said in an exclusive interview with China Daily on Thursday. They made the comments as earlier…