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Hebei announces fresh initiatives to boost business environment, attract businesses

Hebei province has launched a fresh push to attract businesses, vowing to create a “first-class” environment for investors at home and abroad. At a key meeting in the provincial capital, Shijiazhuang, on Tuesday, officials declared their ambition to make the business climate the region’s “golden signboard”. It’s the fourth year running that the province has…

Hebei announces fresh initiatives to boost business environment, attract businesses

Hebei province has launched a fresh push to attract businesses, vowing to create a “first-class” environment for investors at home and abroad. At a key meeting in the provincial capital, Shijiazhuang, on Tuesday, officials declared their ambition to make the business climate the region’s “golden signboard”. It’s the fourth year running that the province has…

Hebei announces fresh initiatives to boost business environment, attract businesses

Hebei province has launched a fresh push to attract businesses, vowing to create a “first-class” environment for investors at home and abroad. At a key meeting in the provincial capital, Shijiazhuang, on Tuesday, officials declared their ambition to make the business climate the region’s “golden signboard”. It’s the fourth year running that the province has…

China set to cut forward FX risk reserve ratio to zero

China’s central bank announced on Friday that it will cut the foreign exchange risk reserve ratio for forward foreign exchange sales from 20 percent to zero, a move analysts say signals efforts to ease the rapid appreciation of the renminbi. The adjustment, effective March 2, is aimed at “promoting the development of the foreign exchange…

China, US maintain dialogue ahead of trade talks

China is maintaining continuous communication with the United States ahead of the sixth round of trade talks that is expected to convene soon, the Ministry of Commerce said at a news conference on Thursday, underscoring Beijing’s efforts to keep bilateral economic ties on a stable footing. The ministry said that through equal-footed consultations, China is…

New regulations for takeaway restaurants to take effect in June

China will require online takeaway restaurants to use the same name as their physical storefronts and disclose more operational details, tightening oversight of the quickly-growing food delivery sector as regulators seek to curb misleading practices and food safety risks. The new rules — introduced by the State Administration for Market Regulation on Thursday — will…

Xinjiang commits to further optimizing its business environment

Northwest China’s Xinjiang Uygur autonomous region plans to roll out five targeted campaigns this year with 16 measures to foster a more stable, fair, transparent, and predictable business environment for market entities, according to its 2026 action plan for optimizing the business environment. The campaigns aim to break down market barriers, optimize resource allocation, enhance…

China’s export control aimed at curbing Japan’s re-militarization, acquiring nuclear weapons

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China’s latest enforcement of export control measures against certain Japanese entities with military ties is aimed at curbing Tokyo’s re-militarization and any attempts to acquire nuclear weapons, the Ministry of Commerce said on Thursday, stressing that the move is fully “legitimate, reasonable, and lawful”. He Yongqian, a spokeswoman for the ministry, told a news conference…

China and US holding regular talks at various levels, MOC says

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China and the United States have maintained continuous communication at various levels through their economic and trade consultation mechanism, the Ministry of Commerce said on Thursday. The ministry’s spokeswoman, He Yongqian, made the remarks at a news conference in response to a question about reports that China and the US are set to hold their…

HK to set up key industrial innovation site

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Hong Kong Financial Secretary Paul Chan Mo-po (second from left) greets lawmakers after delivering the 2026-27 Budget address on Wednesday. ANDY CHONG/CHINA DAILY The Hong Kong Special Administrative Region government will earmark about HK$220 million ($28.1 million) to establish the first national manufacturing innovation center outside the Chinese mainland, according to the 2026-27 Budget released…