The First Senior Officials’ Meeting and Related Meetings are held in Guangzhou from Feb 1 to 10, 2026. [Photo/Xinhua] Amid an uneven and fragile global economic recovery, stronger economic ties within the Asia-Pacific region can help sustain business growth by keeping markets open, stabilizing supply chains and boosting trade and investment in 2026, said market…
China will begin levying countervailing duties on certain dairy products imported from the European Union starting Friday, the Ministry of Commerce announced on Thursday, issuing its final determination after an 18-month investigation. The duties, set at rates ranging from 7.4 percent to 11.7 percent depending on the product category and exporter, will remain in force…
BEIJING — China will impose countervailing measures on certain dairy products imported from the European Union (EU) for a period of five years starting on Friday, the Ministry of Commerce said on Thursday. According to the final ruling announced by the ministry, company-specific duty rates range from 7.4 percent to 11.7 percent. At the request…
A shop owner arranges Qipao, a traditional Chinese dress for women, at a shop in Qilihe district of Lanzhou, Northwest China’s Gansu province, on Jan 6, 2026. [Photo/Xinhua] BEIJING – Chinese authorities have rolled out a series of policy measures to unlock consumption potential during the Spring Festival holiday, as domestic demand remains a key…
Shoppers buy goods at a supermarket in Zaozhuang, Shandong province. SUN ZHONGZHE/FOR CHINA DAILY China’s consumer prices rose for a fourth straight month in January, while the decline in producer prices continued to narrow, signaling a gradual recovery in domestic demand as policymakers step up efforts to cushion external uncertainties and secure a solid start…
Early earnings indicators from China’s banking sector point to a structural shift. Preliminary 2025 results from 11 A-share listed banks show most lenders delivering simultaneous revenue and profit growth, reinforcing evidence that the industry is moving beyond pure balance-sheet expansion toward higher-quality development. In serving the real economy, Chinese banks have responded to cyclical fluctuations…
Delivery staff pick up food packages at a restaurant in Qingdao, Shandong province. CHINA DAILY As workers in new forms of employment have grown into a major force in the country’s labor market and income growth, strengthened efforts to protect such workers are expected to significantly help standardize labor practices and bolster domestic consumption in…
Foreign tourists shop at a mall in Sanya, Hainan province, on Jan 11. GUO CHENG/XINHUA China is set to launch a nationwide campaign to ignite consumer spending during the record nine-day-long Spring Festival holiday beginning Sunday, in a concerted push to funnel festive goodwill into robust economic momentum at the start of the new year,…
BEIJING — Chinese local authorities have allocated 2.05 billion yuan (about $295.23 million) in funds to directly benefit the public through the distribution of consumption vouchers, subsidies, and cash envelopes during the nine-day Spring Festival holiday, an official said on Wednesday. The move is part of a consumption promotion campaign during the Spring Festival holiday.…
Chinese authorities are extending tax breaks for returned cross-border e-commerce export goods, a move underscoring the country’s ongoing efforts to reduce costs for e-commerce businesses and support the growth of new foreign trade models. The announcement, jointly issued by the Ministry of Finance, the General Administration of Customs and the State Taxation Administration, said that…