Beijing and Washington have been engaging in discussions at multiple levels to address each other’s concerns in the economic and trade realms, the Ministry of Commerce said on Thursday. He Yongqian, spokeswoman for the ministry, made the remark in response to media reports that US Commerce Secretary Howard Lutnick and other senior US trade officials…
China’s central bank has unveiled a series of new measures to expand the Bond Connect program linking the country’s interbank bond market with global markets via Hong Kong, allowing more onshore institutional investors to participate — a major move designed to strengthen the special administrative region’s role as a global offshore renminbi hub. The measures…
Chinese mainland internet heavyweights have accelerated steps to apply for stablecoin licenses in Hong Kong as the city’s Stablecoins Ordinance will come into effect on Aug 1. This, industry experts said, is a significant step that will lower cross-border transaction costs and improve the efficiency of international payments. Christopher Hui, secretary for Financial Services and…
An aerial drone photo taken on Feb 2, 2024 shows a container vessel berthing at a container terminal of Tianjin Port in North China’s Tianjin. [Photo/Xinhua] China’s safety net — woven from robust domestic consumption, upgraded supply chains, and responsive policy levers — ensures that Beijing is well positioned to withstand Washington’s ever-broadening trade war…
Visitors look at Chinese agricultural products during the ninth China-Russia Expo in Yekaterinburg, Russia. LIU KAI/XINHUA China-Russia trade is expected to experience sustained growth in the coming years, as the two countries have more room to advance cooperation in green energy, infrastructure development, logistics and advanced manufacturing, said analysts and exporters. They noted that growing demand…
Chinese and Zambian personnel pose in front of harvested crops, showcasing the achievements and friendship from the cooperation. [Photo provided to chinadaily.com.cn] China’s top market regulator stepped up its efforts to promote agricultural standardization in Zambia, as part of its broader push to strengthen people-to-people ties and boost the quality of agricultural production under the…
China Development Bank has signed a 2.1 billion yuan ($292.5 million) loan agreement with the Development Bank of Southern Africa, the Chinese bank said in a news release on Wednesday. The deal, inked during the BRICS Interbank Cooperation Mechanism annual meeting in Rio de Janeiro, Brazil, on Tuesday, will channel funding toward projects in sectors…
A customer shops for eggs at a supermarket in Handan city, North China’s Hebei province, June 9, 2025. [Photo/Xinhua] BEIJING – China’s consumer price index (CPI), a main gauge of inflation, rose 0.1 percent year-on-year in June, reversing a 0.1 percent decline registered in the previous month, as the nation’s measures aimed at expanding domestic…
The interfaces of Shein and Temu apps are displayed on smartphones. CHEN YIHANG/FOR CHINA DAILY Shane Anderson, an office clerk from London, recently bought Chinese-made small household appliances, including a robotic vacuum cleaner and an air fryer, through Chinese e-commerce platforms. A robotic vacuum cleaner usually sells for more than 350 pounds ($478) at a…
The Chinese mainland added eight Taiwan entities, including military equipment suppliers, to its export control list on Wednesday in a move it said was aimed at warning separatist forces against repeated provocations. The Ministry of Commerce said the companies, including “defense “supplier Aerospace Industrial Development Corporation, had “deliberately cooperated with ‘Taiwan independence’ separatist forces”. Other…