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China’s treasury bonds to fund major national projects

China sold its first batch of ultra-long-term special treasury bonds for 2026 on Friday, raising 119 billion yuan ($17.4 billion) to fund major national projects and programs, according to the Ministry of Finance. Qu Fuguo, deputy director of the ministry’s asset management department, said at a news conference that the government will “front-load” the issuance…

China allows foreign investors into treasury futures

China has allowed qualified foreign investors to participate in treasury futures trading starting Friday, in a move aimed at enhancing the appeal of renminbi-denominated bond assets. The policy, announced on Friday by the China Securities Regulatory Commission in consultation with the People’s Bank of China and the State Administration of Foreign Exchange, will permit participation…

China’s economy signals strong resilience in Q1

First-quarter data highlights the resilience China’s economy has demonstrated in recent years, despite significant uncertainties surrounding global trade and geopolitics. Jeremy Zook, lead analyst for China at Fitch Ratings, noted that overall, the economy has weathered these headwinds effectively. While exports remain a key driver of growth, a rebound in imports in the first quarter…

China places EU entities on export control list

China’s Ministry of Commerce has announced that seven European Union entities are being placed on the country’s export control list, banning them from receiving dual-use items which can have both civil and military applications. Chinese exporters are prohibited from shipping dual-use items to the listed entities, while overseas organizations and individuals are also barred from…

Strong start to economy in Q1

A cargo vessel seen loading in Qingdao Port, Shandong province. YU FANGPING/FOR CHINA DAILY China’s economy delivered a stronger-than-expected start to the year, with first-quarter data highlighting its resilience in the face of mounting uncertainties in global trade and geopolitics, experts said. Jeremy Zook, lead analyst for China at Fitch Ratings, noted that the economy…

Foreign investment increases as innovation drive deepens

China’s improving innovation ecosystem, its vast market and more predictable policy environment are encouraging multinational companies to scale up investment and operations, cementing the country’s role as a hub for advanced industries and global trade, said market observers and business executives. They added that China’s integrated industrial supply chains, ongoing industrial upgrading, stable market environment,…

US tariff refund a helpful step on path to correcting mistakes: commerce ministry

BEIJING — The US move to refund certain tariffs is a helpful step on the path to correcting its mistakes, the Ministry of Commerce said on Thursday. Spokesperson He Yongqian made the remarks at a regular press briefing in response to a question about US Customs and Border Protection initiating tariff refunds on April 20.…

Beijing welcomes US tariff refunds: Ministry

An aerial drone photo taken on March 20, 2026 shows a container terminal of Taicang Port in East China’s Jiangsu province. [Photo/Xinhua] The latest US move to issue tariff refunds is a positive step toward correcting Washington’s erroneous practices, a spokeswoman for China’s Ministry of Commerce said on Thursday. At a news conference in Beijing,…

China vows to protect Chinese companies against US export control bills

China will take all necessary measures to safeguard the legitimate rights and interests of its companies, said the Ministry of Commerce on Saturday, warning that a series of export control bills approved by a US congressional committee could disrupt global trade and undermine supply chain stability. The US House Foreign Affairs Committee on Wednesday passed…

EU’s FSR enforcement to harm bilateral business ties

China’s business community has expressed mounting concern over the European Commission’s use of the Foreign Subsidies Regulation (FSR), with experts warning that the move could distort competition and strain economic relations between China and the European Union. The concerns follow a decision by the European Commission — the EU’s executive arm — requiring a consortium…