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Fair seen boosting biz in western China

A robot interacts with visitors at the ongoing 20th Western China International Fair in Chengdu, Sichuan province. CHEN DONGDONG/FOR CHINA DAILY The ongoing 20th Western China International Fair, which kicked off on Sunday in Chengdu, capital of Sichuan province, has seen the signing of 416 investment projects totaling 354.3 billion yuan ($49.4 billion), the organizing…

Hainan’s new moves in opening-up

As Hainan moves toward special Customs operations, it becomes a living lab for China’s future-focused reforms. “(There are) a lot of things to cooperate between ASEAN, Indonesia and Hainan,” said Djauhari Oratmangun, Indonesian ambassador to China, at a meeting on major trends of China’s expanded opening-up. From trade facilitation to institutional innovation, Hainan offered a…

Draft guidelines propose stricter e-commerce fee regulations

A view of the Huangpu River in Shanghai. [Photo/VCG] China’s top market regulator unveiled draft guidelines on Sunday to tighten oversight of how e-commerce and online platforms charge merchants, as Beijing ramps up efforts to promote fairer competition and reduce the operational burden on smaller vendors, who form the backbone of the platform economy. The…

Small cities in focus for fresh fruit giants

A worker moves kiwi fruit at Shanghai Nangang wharf in March 2024. CHINA DAILY As international fresh fruit giants Zespri and Driscoll’s deepen their roots in China, both companies are shifting their growth strategies toward lower-tier cities, betting on rising health awareness, growing disposable incomes and evolving retail ecosystems to drive growth. To strengthen its…

China-CEEC business ties win-win for both

Products on display in the digital and smart manufacturing zone at the fourth China-CEEC Expo in Ningbo, Zhejiang province. ZHANG WEI/CHINA DAILY Growing business engagement between China and Central and Eastern European countries (CEEC) will deliver long-term benefits for both sides, providing fresh momentum for multilateral cooperation, green growth and the Belt and Road Initiative…

Financing support enhanced for micro, small companies

China has issued a guideline for stepping up financing support for micro and small enterprises, signaling the latest push for promoting a sector that is key to stabilizing employment and reviving the nation’s growth momentum. The document, jointly released on Wednesday by the National Financial Regulatory Administration and seven other central departments, details 23 measures,…

SHFE becomes China’s first commodity exchange to join UNSSE

Shanghai Futures Exchange (SHFE) and its subsidiary Shanghai International Energy Exchange (INE) have become the first commodity exchanges in the Chinese mainland to join the United Nations Sustainable Stock Exchanges (UNSSE) Initiative, SHFE’s Chairman Tian Xiangyang announced during the 2025 Shanghai Derivatives Market Forum on Thursday. Launched in 2009, the UNSSE is jointly managed by…

Trade, business with Central, Eastern Europe on the rise

A guest shakes hands with a humanoid robot at the ongoing fourth China-CEEC Expo in Ningbo, East China’s Zhejiang province. ZHANG WEI/CHINA DAILY Central and Eastern European countries’ expanding cooperation with China will further energize regional economic activity and deepen industrial integration in the coming years, said senior government officials on Thursday. Speaking at the…

Support for free trade ups sentiment

China’s efforts to promote free trade and investment and contribute to stable supply chains will inject much-needed certainty and confidence into the global economy amid rising unilateralism and protectionism, senior officials and global executives said on Thursday. In particular, China’s fast-paced advancements in science and technology and its willingness to foster an open innovation ecosystem…

Kazakhstan role as business, logistics gateway stressed

The shifting geopolitical landscape and the US tariffs uncertainty is prompting countries to explore new routes to external markets and reassess traditional logistical pathways, experts said at a forum on May 22. At an “AIFC Connect” event in Hong Kong aimed at strengthening business ties between Astana and Hong Kong, participants spoke of the potential…