Shipping containers are stacked at the Port of Long Beach on April 2, 2025, in Long Beach, California. [Photo/Agencies] China has urged the United States to fully remove all unilateral tariffs imposed on its exporters, emphasizing that a genuine resolution can only be achieved through equal and constructive dialogue, the Ministry of Commerce said on…
BEIJING – The combined profit of major industrial enterprises went up 0.8 percent year-on-year in the first quarter of 2025, a reversal of the 3.3 percent decline in 2024, the National Bureau of Statistics (NBS) said on Sunday. The growth ended the profit downturn that had persisted since the third quarter of last year, NBS…
BEIJING – China unveiled a set of measures on Sunday to further optimize its departure tax refund policy to meet overseas tourists’ needs better and expand inbound consumption. The minimum purchase threshold for departure tax refunds has been lowered, allowing overseas travelers to apply for a refund if they spend at least 200 yuan (about…
BEIJING — With ample policy reserves and sufficient policy room, China is fully confident in achieving this year’s economic and social development goals and tasks, Zhao Chenxin, deputy head of the National Development and Reform Commission, told a press conference on Monday. Tanks to chinadaily.com.cn Please visit: Our Sponsor
China has introduced a new policy that enables foreign visitors to claim departure tax refunds for purchases as low as 200 yuan ($27) per day at the same store, significantly reducing the previous threshold of 500 yuan. This is part of the country’s latest move to optimize the departure tax refund policy for foreign visitors.…
A drone photo taken on April 6, 2025 shows tourists interacting with black-tailed gulls on the coastal of a wildlife park near Xixiakou village, Rongcheng city, East China’s Shandong province. [Photo/Xinhua] China is likely to announce additional stimulus policies, including extra fiscal support, targeted monetary easing and stronger consumption-boosting initiatives, to put its economic growth…
The 2025 Malaysia China Linyi Product Exhibition, held from April 25 to 26 in Kuala Lumpur, the capital of Malaysia, saw fruitful results, attracting over 500 buyers from Malaysia and generating more than $80 million in on-site transactions. Exhibitors and buyers spoke highly of the event, calling it a key platform for future business growth…
China’s market regulator said it is closely monitoring CK Hutchison’s planned port asset sales and warned the company and its partners not to bypass antitrust scrutiny. The State Administration for Market Regulation said in a statement to China Daily on Sunday that the regulator is “highly concerned” about the transaction and will conduct a review…
BEIJING – China has further shortened its market access negative list, which specifies fields that are off-limits to both domestic and overseas market entities, the National Development and Reform Commission (NDRC) announced on Thursday. The new version of the market access negative list reduced the number of items from 117 to 106, a decrease of…
A visitor studies a robot dog at an artificial intelligence experience store in Nanjing, Jiangsu province, in August. DONG FANGXU/FOR CHINA DAILY In a major shift in China’s luxury retail landscape, Deji Plaza in Nanjing, Jiangsu province, achieved record-breaking sales of 24.5 billion yuan ($3.35 billion) in 2024, surpassing both long-time champion SKP Beijing and…