A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. [Photo/China Daily] BEIJING — China reported a current account surplus of $165.6 billion in the first quarter of 2025, according to data released Friday by the State Administration of Foreign Exchange. The surplus in goods trade reached…
File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] BEIJING — China’s central bank will implement a series of measures to improve financial services aimed at stimulating consumer spending, according to a report released Friday by the People’s Bank of China (PBOC). According to the PBOC’s first-quarter 2025 monetary policy…
[Photo/VCG] In the face of the United States’ sweeping tariffs, enhanced cooperation between China and the European Union serves as a critical counterweight to Washington’s unilateral tariff measures, which are disrupting the rules-based global trading system, and provides a stabilizing force for the world economy, analysts said. This year marks the 50th anniversary of China-EU…
This photo taken from Jingshan Hill on Aug 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny day in Beijing. [Photo/Xinhua] China is accelerating steps to roll out new measures to bolster the private sector following the adoption of the nation’s first law to promote the private economy, with plans…
This photo taken from Jingshan Hill on Aug 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny day in Beijing, capital of China. [Photo/Xinhua] BEIJING – China is rolling out a series of measures to boost the development of its private sector, officials said at a press conference held by…
A drone view shows shipping containers from China at the Port of Los Angeles in Wilmington, California, Feb 4, 2025. [Photo/Agencies] China reiterated on Thursday that trade talks with the United States later this week must be grounded in “mutual respect, equal consultation and mutual benefit”, without confirming whether a “phase-two agreement” between Beijing and…
China launched a sweeping campaign to crack down on the smuggling of strategic minerals, including transshipment through third-party countries, to reinforce control over critical raw materials. The campaign marked China’s sharpest response to suspected attempts by foreign buyers to sidestep export controls amid the tariff war launched by the United States. According to a statement…
Various types of robots are on display at the 27th China Beijing International High-Tech Expo held in Beijing, on May 8, 2025. [Photo by Jiang Dong/chinadaily.com.cn] The 27th China Beijing International High-Tech Expo kicked off at China National Convention Center on Thursday. Focusing on cutting-edge technologies, the four-day expo has attracted around 800 domestic and…
China has decided to impose antidumping duties ranging from 48.4 percent to 166.2 percent on the imports of cypermethrin originating from India, effective from Wednesday for 5 years, according to the Ministry of Commerce. In response to an application from the domestic industry, the ministry has initiated an antidumping investigation on imports of cypermethrin from…
SHANGHAI – The total market value of exchange-traded funds (ETFs) on the Shanghai Stock Exchange has surpassed 3 trillion yuan ($417 billion), according to data released on Wednesday by this exchange. It said that the scale of China’s ETF market has grown rapidly in recent years, thanks to both the growing participation of investors in…