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China updates sustainability disclosure rules to support high-quality, ESG-aligned growth

China’s stock exchanges have issued revised guidelines for corporate sustainability disclosures, underscoring China’s ongoing proactive efforts to foster sustainable and high-quality growth among listed enterprises while aligning with international environmental, social, and governance standards. The Shanghai, Shenzhen and Beijing bourses, under the guidance of the China Securities Regulatory Commission, released revised sustainability reporting guidelines on…

Chinese AI chips gain huge traction in market

In the wake of the United States’ export controls on advanced chips, China’s push for self-sufficiency in artificial intelligence processors is gaining remarkable momentum, with at least nine domestic chip companies having surpassed a significant threshold of 10,000 units in terms of order shipments, according to experts and executives. This 10,000-chip club signals that domestic…

China, Sri Lanka to set up renminbi clearing arrangements

The People’s Bank of China has recently signed a memorandum of cooperation with the Central Bank of Sri Lanka to establish renminbi clearing arrangements in Sri Lanka, said a statement released by China’s central bank on Wednesday. The establishment of renminbi clearing arrangements will facilitate the use of the Chinese renminbi in cross-border transactions by…

China issues work plan to foster new growth drivers in service consumption

Tourists take a cruise ship to enjoy the night view in Southwest China’s Chongqing municipality, May 28, 2025. [Photo/Xinhua] BEIJING – China has released a work plan to accelerate the cultivation of new growth drivers in service consumption, as part of broader efforts to support the country’s high-quality development. The plan, published by the General…

China to deepen capital account opening

A clerk counts cash at a bank in Nantong, South China’s Jiangsu province. [Photo/Sipa] China will deepen high-quality capital account opening and improve the diversified investment and use of the country’s foreign exchange reserves in the coming five years, as part of broader efforts to sharpen its financial strength, a senior official said. Zhu Hexin,…

Visit to raise bilateral relations to a new level

Finnish visitors experience tie-dyeing with a group of students from a primary school in Nantong, Jiangsu province, on Nov 4, 2025. ZHAI HUIYONG/FOR CHINA DAILY After Finnish Prime Minister Petteri Orpo paid an official visit to China this week, the two sides signed a series of cooperation agreements in fields such as political mutual trust,…

High-profile visits signal pivot by EU

A BYD car on show at an auto expo in London. XINHUA China has seen a wave of high-profile visits by European leaders lately, signaling a pragmatic pivot by the bloc toward closer economic engagement with Beijing as a counterweight to rising global instability, analysts said. Hot on the heels of Finnish Prime Minister Petteri…

Ministry: China willing to work with US on economic, trade issues

A drone photo taken on Jan 14, 2026 shows a container terminal at the Ningbo-Zhoushan Port in East China’s Zhejiang province. [Photo/Xinhua] China is willing to work with the United States to effectively maintain and utilize the Sino-US economic and trade consultation mechanism, manage differences, and advance cooperation, the Ministry of Commerce said on Thursday. Speaking…

New survey highlights divergence of market expectations

Investor sentiment toward China’s capital markets remained broadly resilient toward the end of 2025, characterized by a clear divergence between rising optimism among retail investors and a shift toward prudence among financial professionals, according to a survey by the Cheung Kong Graduate School of Business. The latest investor sentiment survey released on Wednesday found that…

Guizhou sets digital economy target for 15th Five-Year Plan

A staff member works in the data room of a supercomputing center in Gui’an New Area, Southwest China’s Guizhou province, Aug 29, 2024. [Photo/Xinhua] Guizhou’s latest government work report sets out an expanded role for digital and intelligent industries, linking long-term economic targets with concrete applications such as smart tourism systems already in use across…