Strongly opposing the United States’ new tariff decision on Chinese goods, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) called on the US side to halt unilateral measures and pursue dialogue to de-escalate trade tensions. The tariff hike is a violation of World Trade Organization rules, which not…
Consumers check out cosmetics at a duty-free shopping venue in Sanya, Hainan province, last week. LI XUESHI/FOR CHINA DAILY During the Spring Festival holiday spanning from Jan 28 through Tuesday, Haikou Customs recorded transactions totaling 2.09 billion yuan ($287 million) in duty-free shopping, with 240,500 travelers departing from Hainan province engaging in duty-free purchases, averaging 8,706…
Brazilian workers are seen at the construction site of the West-East Integration Railway Project in Bahia state, Brazil, on Feb 6. China Railway No 10 Engineering Co also participated in the project. WANG TIANCONG/XINHUA China and Latin American countries, buoyed by their highly complementary economic structures, are well-positioned to deepen mutually beneficial trade and investment…
China will not initiate trade conflicts and is willing to resolve differences through dialogue, while regarding unilateral bullying measures, China will take necessary measures to firmly defend its own rights and interests, the Ministry of Commerce said on Thursday. The ministry made the remarks following Washington’s levy of an additional 10 percent tariff on goods…
The business environment optimization and investment promotion conference of Baoshan district takes place in Shanghai on Wednesday. [Photo provided to chiandaily.com.cn] The business environment optimization and investment promotion conference of Baoshan district was held in Shanghai on Wednesday. During the conference, 36 key projects with a total investment exceeding 30 billion yuan ($4.1 billion) were…
A view of the Huangpu River in Shanghai. [Photo/VCG] The latest business environment improvement action plan released in Shanghai on Wednesday will help the city better address market entities’ needs and inject more vitality into the city’s economic growth, said officials and market experts. Their comments were made on Wednesday when the Shanghai municipal government…
BEIJING — China’s annual trade in services exceeded $1 trillion for the first time last year, demonstrating significant potential for further growth. China’s services import and export value amounted to a record-high of 7.5 trillion yuan (about $1.05 trillion) in 2024, expanding 14.4 percent year-on-year, according to the latest data from the Ministry of Commerce…
The United States government’s latest move to eliminate a “de minimis” tariff exemption for small packages and low-value items imported from China will disrupt the normal international trade order, wreak havoc in the fast-growing cross-border e-commerce industry, and ultimately hurt the interests of US consumers, said experts and industry insiders on Wednesday. They added that…
A family poses for a photo in front of a floral display celebrating Spring Festival at Jiefangbei, or the Liberation Monument in Chongqing, on Jan 26, 2025. [Photo/VCG] During the Spring Festival holiday, from Jan 28 to Feb 4, people ventured out to explore the beautiful landscapes of China, immerse themselves in intangible cultural heritage…
Shoppers seen at a supermarket in Zaozhuang, Shandong province. [SUN ZHONGZHE/FOR CHINA DAILY] BEIJING – As China wraps up its 8-day Spring Festival holiday celebrating the start of the Year of the Snake, the world’s second-largest economy has witnessed shopping and travel booms ignited by hundreds of millions of Chinese people’s family reunions. This year’s…