Skip to content

economic

Payment transactions by visitors to China surge during May Day holiday

A foreign tourist poses for photo with a performer at Tianjin International Cruise Home Port in North China’s Tianjin municipality, May 1, 2025. [Photo/Xinhua] BEIJING – The number of payments made by visitors to China saw a sharp increase while the total value of these payments also surged during the just-concluded May Day holiday, data…

Table tennis

China’s GDP growth a ‘festival of opportunity’

“A five-percent GDP growth is an absolute festival of opportunity in the trade show market,” Hugh Jones, CEO of RX Global, said in an interview with China Daily. “It gives us greater commitment to deepen our presence in China’s multiple industries, multiple markets, and that’s a long-term stable growth potential,” he added. Tanks to chinadaily.com.cn…

China agrees to engage with US over tariff

China has agreed to engage with the United States on tariff issues, after the White House signaled the possibility of adjusting its tariff policies and proactively reached out to Beijing through various channels, the Ministry of Commerce said on Wednesday. Chinese Vice-Premier He Lifeng, the Chinese lead for China-US economic and trade affairs, will meet…

Beijing assessing Washington offer for trade negotiations

A drone view shows shipping containers from China at the Port of Los Angeles in Wilmington, California, Feb 4, 2025. [Photo/Agencies] China said on Friday it is evaluating the possibility of trade talks with the United States, in the first and clearest indication that Beijing may be open to dialogue if Washington demonstrates genuine sincerity…

Property moves to get house in better order

A property agent (center) introduces a residential project in Qingzhou, Shandong province. [WANG JILIN/FOR CHINA DAILY] In a tone-setting conference, China’s policymakers outlined specific property measures focused on risk prevention, stock optimization and supply improvement, which is key to the stable and healthy development of the real estate sector, said industry experts on Sunday. Being…

New landmarks in Shanghai sweet home for brands

An image shows the exterior view of the National Exhibition and Convention Center (Shanghai), a major venue for the China International Import Expo located in the Hongqiao International Opening-up Hub. [Photo/Xinhua] Shopping at the ZZER secondhand luxury consignment store in Hongqiao has become something of a habit for 27-year-old Zheng Tingting, as she travels frequently…

Stronger infra support, favorable policies make metropolis more attractive

An aerial view of the construction site of Shanghai East Railway Station. [GAO ERQIANG/CHINA DAILY] For a very long time, people living in eastern Shanghai’s Pudong New Area have been yearning for a railway station. And 34-year-old Zhang Xiaolu is one of them. “It takes us at least one hour to get to Hongqiao Railway…

Law adopted to promote private economy

Staff members handle businesses related to private enterprises at the government service center of Dongsheng District in Ordos City, North China’s Inner Mongolia autonomous region, April 16, 2025. [Photo/Xinhua] China’s national lawmakers voted on Wednesday to adopt the country’s first fundamental law specifically focusing on promoting the private economy, marking a significant step in revitalizing a…

Nurturing specialized talent key task

Further efforts are expected to harness policy advantages to drive the growth of emerging industries and cultivate diverse trade relationships, amid challenges to boosting domestic demand and dealing with external trade tensions, experts said. Central to this endeavor is the pivotal role of nurturing specialized talent to navigate these evolving tasks, experts added. Their remarks…

Turning crisis into opportunity: How China responds to US tariff impact

Zhang Jun, chief economist at China Galaxy Securities, said during an exclusive interview with China Perspective that China’s firm response against the United States’ unwarranted tariff policy has given confidence to other countries, and encouraged many to recognize “the side of justice, or the correct side”. Despite short-term shocks, the issue of US tariff policy…