File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s central bank has released a new guideline on the compliance of cross-border data flow in the financial sector to make the cross-border flow of financial data from Chinese and foreign financial institutions more efficient and standardized. The People’s Bank of…
The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] Shanghai’s Pudong New Area, which is positioned to pioneer China’s socialist modernization, released a set of 14 new measures on Tuesday to step up its efforts to attract foreign investment, which is conducive to the advancement of more reform and opening-up attempts. The new…
A man carries a pet cat by Huangpu River in Shanghai on April 5.[TANG YANJUN/CHINA NEWS SERVICE] China’s pet industry recovered strongly in 2024, with the urban consumption market for pet dogs and cats surpassing 300.2 billion yuan ($41.1 billion), up 7.5 percent year-on-year, according to the 2025 China Pet Industry White Paper recently released…
This photo taken on April 10, 2025 shows the Hainan International Convention and Exhibition Center, the main venue of the upcoming fifth China International Consumer Products Expo (CICPE) in Haikou, Hainan province. [Photo/Xinhua] British businesses are seizing the spotlight as the United Kingdom takes center stage at the 5th China International Consumer Products Expo in…
A drone photo taken on April 8, 2025 shows a view of a container terminal of Tianjin Port in North China’s Tianjin. [Photo/Xinhua] China has taken note of the accumulation of various tariffs imposed by the United States, which have reached as high as 245 percent on certain Chinese exports, a clear indication of the…
This photo taken on April 9, 2025 shows a view of Long Bien Bridge, a historic bridge across the Red River, in Hanoi, Vietnam. [Photo/Xinhua] China and Vietnam signed a memorandum of understanding (MOU) to strengthen bilateral cooperation in the field of market competition, the State Administration for Market Regulation said on Wednesday. The MOU…
Workers process palm oil imported from Malaysia on a production line at the factory owned by COFCO Corp at the China-Malaysia Qinzhou Industrial Park in the Guangxi Zhuang autonomous region on June 13, 2024. ZHANG AILIN/XINHUA Mazlim Husin, chief commercial officer of Kuantan Port, has personally seen how Chinese investments have transformed Kuantan — the…
People enjoy a meal at a restaurant in a historical block in Nanhu district of Jiaxing city, East China’s Zhejiang province. [Photo/Xinhua] BEIJING — China’s per capita disposable income increased by 5.5 percent year-on-year in nominal terms in the first quarter (Q1) of 2025, official data showed on Wednesday. The country’s per capita disposable income…
Hong Kong Exchanges and Clearing is pictured. [Photo/VCG] Financial analysts say the anticipated return of an unknown number mainland companies to the Hong Kong capital market for listings will enhance the city’s capital-raising role and will further propel trading volume of the city’s stock exchange. “We note that the capital raising of American Depository Receipts…
An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY Guangzhou, capital of Guangdong province, has put in place trade-in subsidies for compatriots from Taiwan and the Hong Kong and Macao special administrative regions as well as foreign nationals, in order to further spur and expand consumption. The move…