[Photo/Agencies] The essence of China-US economic and trade relations lies in mutual benefit and win-win cooperation, with the two sides sharing extensive common interests and vast potential for cooperation, the Ministry of Commerce said on Thursday. He Yadong, a spokesman for the ministry, told a news conference that stable Sino-US economic and trade ties serve…
A drone photo taken on Feb 21, 2026 shows tourists taking yachts in Sanya, South China’s Hainan province. [Photo/Xinhua] China is set to launch three major trade and consumption campaigns in April under its “Big Market for All: Export to China” initiative to better integrate import promotion with consumption expansion and unlock fresh opportunities in…
BEIJING — The Chinese government supports enterprises in carrying out cross-border operations and technological cooperation based on their needs, provided that such activities comply with Chinese laws and regulations and follow due procedures, the Ministry of Commerce said on Thursday. The remarks were made by ministry spokesperson He Yadong at a press briefing in response…
BEIJING — China’s Ministry of Commerce on Thursday called for further leveraging the China-US economic and trade consultation mechanism and strengthening dialogue and communication so as to promote the healthy, stable and sustainable development of bilateral economic and trade relations. The two sides should implement the important consensus reached by the two heads of state…
China’s largest State-owned commercial lenders are showing renewed resilience as they navigate domestic and external challenges, with the country’s “Big Four” banks keeping bad loans in check and strengthening buffers against rising risks in consumer and small-business lending. Their nonperforming loan ratios edged down at the end of 2025, reflecting a careful balancing act between…
Premier Li Qiang has called for efforts to implement a new energy security strategy, advance the construction of a new-type power grid, and accelerate the adjustment and optimization of the nation’s energy structure, in order to provide strong support for high-quality economic and social development. Li made the remarks during a field survey in Sichuan…
This photo taken on Nov 4, 2023 shows a city view of Shanghai, East China. [Photo/Xinhua] China has expanded quotas under the Qualified Domestic Institutional Investor (QDII) program to meet surging demand for overseas asset allocation, a move experts said underscores the country’s firm resolve to financial opening-up despite recent global market turmoil. Data released…
An aerial photo of some residential buildings in Shanghai, on Nov 5, 2024. [Photo/VCG] The first apartment purchased via Shanghai’s mechanism of acquiring pre-owned homes to guarantee the supply of government-subsidized rental housing completed its transaction on Tuesday, marking a closed loop of home circulation under the pilot program. Contracts for selling an existing flat…
Renminbi assets are becoming increasingly attractive, underpinned by China’s strong growth prospects and the rapid development of future-oriented industries, said Stefan Hoops, CEO of DWS — Deutsche Bank’s asset management arm. The recently introduced 15th Five-Year Plan (2026-30) places broad emphasis not only on domestic consumption and self-reliance, but also on a wide range of…
A worker inspects a shield tunneling machine on Tuesday after the 14-meter-diameter shield machine developed by China Railway Construction Corporation rolled off the production line in Nantong, Jiangsu province. LIU JIA/XINHUA China’s manufacturing activity returned to expansion territory in March, offering an early sign that policy support is beginning to feed through to the real economy…