BEIJING — China’s 10 top provincial regions by gross domestic product (GDP) accounted for 62.2 percent of the country’s overall economic growth in 2025, according to recent data released by all such regions. The 10 top-performing regions, including Guangdong, Jiangsu and Shandong, helped boost the national growth rate by 3.1 percentage points, the data shows.…
On Dec 31, the State Council — China’s Cabinet — issued the Regulation on Commercial Mediation, which will come into effect on May 1. As China’s first administrative rule specifically targeting commercial mediation, the promulgation of the 33-article regulation marks a new stage in the systematization and legalization of the country’s commercial dispute resolution mechanism.…
On Dec 31, the State Council — China’s Cabinet — issued the Regulation on Commercial Mediation, which will come into effect on May 1. As China’s first administrative rule specifically targeting commercial mediation, the promulgation of the 33-article regulation marks a new stage in the systematization and legalization of the country’s commercial dispute resolution mechanism.…
An aerial drone photo taken on Dec 4, 2025 shows a container terminal at the Chuanshan area of Ningbo-Zhoushan Port, East China’s Zhejiang province. [Photo/Agencies] China’s drive to expand imports is emerging as a crucial feature of its high-level opening-up strategy, underscoring Beijing’s commitment to sharing the opportunities of its vast domestic market with the…
China has officially banned onshore activities related to real-world asset tokenization — the act of converting asset rights into tokens or certificates via encryption, distributed ledger or similar technologies — as part of broader efforts by regulators to crack down on illegal activities, contain financial risks and impose clearer rules on emerging digital asset activities…
CAI MENG/CHINA DAILY As China enters 2026, the first year of its 15th Five-Year Plan (2026-30) period, the country’s economic debate is undergoing a quiet but significant shift. The focus is no longer narrowly on how to sustain headline growth, but increasingly on how such growth is generated, distributed and anchored in social realities. Recent…
China’s foreign exchange reserves increased for the sixth consecutive month in January to a new decade high, official data showed. The reserves rose to $3.3991 trillion as of the end of January, up 1.23 percent or $41.2 billion, from the previous month, the State Administration of Foreign Exchange said on Saturday. The $3.3991 trillion in…
China will support the growth of data circulation service providers and encourage closer cooperation with artificial intelligence companies, as part of a broader push to accelerate the market-based use of data as a production factor, several top industry regulators said on Saturday. The National Data Administration — together with the Ministry of Industry and Information…
For the first time, China has clarified regulatory requirements that real-world asset (RWA) tokenization activities are prohibited onshore, while subjecting related overseas activities by onshore entities to stringent regulatory oversight, according to a notice released on Friday. The China Securities Regulatory Commission and the People’s Bank of China — together with six other central government…
A merchant (left) from Tashkent, capital of Uzbekistan, shows customers building materials on Dec 12, at his store in Guangyuan, Sichuan province. The merchant said his products were not only sold in Tashkent, but also shipped to multiple markets across Uzbekistan. Xinhua China became the largest trading partner of Central Asian countries in 2025, with…