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Amid tariff hikes, US consumers flock to Chinese e-commerce platforms

A foreign merchant talks to a staff member at the 136th China Import and Export Fair in Guangzhou, Guangdong province, in October. HUANG TAIMING/FOR CHINA DAILY Chinese cross-border e-commerce platforms have gained in popularity among US consumers who are flocking to these online marketplaces to buy products directly from Chinese suppliers amid the latest rounds of…

Resilience of export firms bearing fruit

A foreign purchaser experiences a go-kart at the 137th China Import and Export Fair, also known as the Canton Fair, in Guangzhou, Guangdong province, on Thursday. CHEN JIMIN/CHINA NEWS SERVICE Chinese exporters are accelerating digital upgrades, advancing green development and expanding connections with European and emerging markets to offset the impact of the United States’ tariff…

Li Lecheng appointed minister of MIIT

Li Lecheng has been appointed as the Minister of Industry and Information Technology, replacing Jin Zhuanglong, according to a statement published on the ministry’s official WeChat account on Wednesday. Li was appointed as the Party secretary of the Ministry of Industry and Information Technology in February. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Promulgation of private sector promotion law timely, significant: official

BEIJING — The promulgation of China’s private sector promotion law is timely and of great significance, said Yang Heqing, head of the economic law department of the Legislative Affairs Commission of the National People’s Congress (NPC) Standing Committee. Chinese lawmakers voted to adopt the private sector promotion law after a draft version was submitted for…

China works to ensure fair competition for all market players

BEIJING — China’s newly adopted private sector promotion law underscores the country’s commitment to fostering an equitable competitive environment for all market participants, according to an official of the country’s top economic planner. Speaking on the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, Liu Min, deputy head…

Foreign visitors impressed by easier sales tax refunds

Foreign tourists shop at the Silk Street Market in Beijing on April 20. China unveiled a set of measures on Sunday to further optimize its departure tax refund policy. [CHINA DAILY] Anna Lanny, a 26-year-old tourist from Russia, was delighted to receive her tax refund on the spot after making purchases recently at the upmarket…

Nation pledges to further bolster digital endeavors

A time tunnel effect is displayed at Guizhou province’s big data demonstration center in Guiyang. [Photo/Xinhua] China will ratchet up efforts to speed up the construction of digital infrastructure and deepen reforms related to the market-oriented allocation of data elements, while advancing the building of a “Digital China”, as the innovation of digital technologies has…

Macro measures to counter difficulties

An overseas buyer visits a porcelain area of the 137th China Import and Export Fair in Guangzhou, Guangdong province, April 23, 2025. [Photo/Xinhua] China’s economy will likely stabilize for the rest of the year despite mounting global uncertainties, economists said on Monday, adding that stronger macroeconomic adjustments and deepened reforms are needed to counter external…

Suzhou’s magnetic pull on investment stronger

Business executives engage in interactions during the 2025 Suzhou Global Investment Promotion Conference in Suzhou, Jiangsu province. [Photo/China Daily] Foreign investment in Jiangsu province’s Suzhou is gaining strong momentum as offshore enterprises further deepen their presence, drawn by the city’s dynamic economy, favorable policies and vibrant innovation ecosystem, said senior executives and industry experts. “The…

Ample arrows in quiver to ride out storm

China is preparing to roll out a series of incremental policy measures to stabilize the overall economy, with policymakers signaling stronger fiscal, monetary and consumption-boosting initiatives on Monday as part of its larger drive to reinforce recovery amid external headwinds. “We will continue to enhance policy research, ensure sufficient contingency plans, refine the policy toolkit…