China has unveiled a comprehensive policy package aimed at promoting travel service exports and expanding inbound consumption, according to a document released by the Ministry of Commerce on Friday. “Promoting travel service exports and expanding inbound consumption are important initiatives for vigorously developing trade in services and enhancing China’s global influence,” the document noted. “They…
China on Friday expressed serious concern over remarks by a Mexican official regarding potential restrictions on Chinese investment, urging Mexico not to politicize economic and trade issues, according to a statement released by China’s Ministry of Commerce.Mexican media reported that a senior official from Mexico’s Ministry of Economy said that the United States has accused…
Economic cooperation between China and the United Kingdom is gaining momentum despite global turbulence, business leaders and officials said at the 8th China-UK Economic and Trade Forum in London on Wednesday. Under the theme, “United in Momentum, Deepening Collaboration for a Shared Future”, the forum brought together around 350 representatives from government, business, and academia…
The core area of Shanghai’s Hongqiao International Central Business District, which is at the heart of the Hongqiao International Opening-up Hub. [Photo provided to chinadaily.com.cn] Occupying less than 2 percent of the Yangtze River Delta (YRD) region’s land, the Hongqiao International Opening-up Hub generated nearly 10 percent of the region’s GDP, officials said at a…
Industrial output and consumption in Guangdong province showed significant improvement from January to February, indicating a strong start to the year, according to local statistics authorities. In the first two months, the added value of industrial enterprises above a designated size increased by 7.9 percent year-on-year, a growth rate 4.9 percentage points higher than the…
Technicians test an intelligent robot at a high-tech park in Fuzhou, Fujian province. XIE GUUIMING/FOR CHINA DAILY China’s drive to cultivate “new quality productive forces” is gaining momentum, with this year’s Government Work Report highlighting the creation of new forms of smart economy, the deepening of “Artificial Intelligence Plus” initiatives and the development of data…
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] China will continue to adopt a proactive fiscal policy this year, employing tools such as increased expenditure, a wider deficit and government bond issuance, to stimulate domestic demand and ensure stable economic growth amid rising external uncertainties, officials and economists…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China’s monetary policy is set to remain on an easing path to support growth and domestic demand as the United States Federal Reserve held rates steady amid rising oil prices driven by geopolitical uncertainties in the Middle East,…
Northwest China’s Xinjiang Uygur autonomous region will launch a series of measures this year to optimize its international business environment, focusing on enhancing trade and customs clearance efficiency and investment services. Emphasis will be placed on strengthening legal and policy support to facilitate economic and trade cooperation between Xinjiang and countries involved in the Belt…
China will step up antitrust enforcement in 2026 to break down local protectionism and market fragmentation, the country’s market regulator said on Thursday. At the 2026 national antitrust work conference held in Xiamen, Fujian province, the State Administration for Market Regulation said this year’s priorities include deepening fair competition governance, regulating market order, and addressing…