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Boao: 25 years in print

A newspaper dated February 2001 captured the night the Boao Forum for Asia was founded. Twenty-five years on, we return to the same riverside with the same story — seeking to understand what has changed, and what remains unchanged. Through the voices of a former participant, an international observer, and a local witness, Boao unfolds…

ICBC rolls out cross-border RMB solutions as world shifts toward currency diversification

China’s largest State-owned commercial bank launched on Friday its comprehensive cross-border renminbi financial solutions, highlighting accelerating global momentum behind the currency as investors and policymakers seek alternatives to a single-currency-dominated system amid rising geopolitical uncertainty. The current volatile international economic and political landscape has made it increasingly clear that building a diversified and balanced international…

China launches policy steps to boost service consumption

Tourists browsing hand bracelets and souvenirs at a stall in Ganzhou, Jiangxi province, on Feb 11, 2026. [Photo/Xinhua] China has unveiled a suite of policy measures to boost service consumption in both established sectors, such as elderly and child care and tourism, as well as emerging growth areas, including inbound consumption and live performance, the…

China explores ‘token banks’ for SMEs, aiming for low-cost computing access by 2028

China will pilot computing power bank or supermarket to tackle a growing shortage of computing power, as authorities move to lower barriers for small and medium-sized enterprises to adopt artificial intelligence. The Ministry of Industry and Information Technology outlined a nationwide campaign on Thursday to make computing resources “more accessible, flexible, and affordable” for smaller…

China to intensify tax evasion crackdown for high-risk groups

A teller counts cash at a bank in Taiyuan, Shanxi province. [Photo by Zhang Yun/China News Service] China’s top taxation authority will launch a joint special operation this year to intensify its crackdown on tax-related crimes, with a particular focus on high-risk groups including celebrities, livestreamers, and sectors such as medical aesthetics and jewelry. The…

China’s central bank adds 12 banks as digital yuan operators

BEIJING — China’s central bank announced Thursday that it has added 12 banks to its list of authorized institutions for digital yuan operations. The move aims to promote the steady development of the digital currency, improve the inclusiveness of its services, and meet public demand for secure, convenient and efficient digital yuan services, according to…

Efforts help safeguard market order

A visitor walks past robots displayed at a humanoid robot innovation center in Wuhan East Lake High-tech Development Zone, also known as the optics valley of China, in Wuhan, Central China’s Hubei province, Dec 4, 2025. [Photo/Xinhua] China is intensifying efforts to optimize its business environment, fuel economic vitality through targeted tax incentives for technological…

MOC: Cross-border deals must follow Chinese laws

China’s Ministry of Commerce made remarks on Thursday regarding Meta’s acquisition of artificial intelligence platform Manus, noting that enterprises engaging in cross-border operations and technological cooperation must comply with Chinese laws and regulations and fulfill statutory procedures. “The Chinese government supports enterprises in conducting cross-border operations and technological cooperation based on business needs,” He Yadong,…

China-US economic and trade ties based on win-win cooperation, ministry says

[Photo/Agencies] The essence of China-US economic and trade relations lies in mutual benefit and win-win cooperation, with the two sides sharing extensive common interests and vast potential for cooperation, the Ministry of Commerce said on Thursday. He Yadong, a spokesman for the ministry, told a news conference that stable Sino-US economic and trade ties serve…