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NW China’s Xinjiang sees dual rise in foreign firms, investment in 2025

URUMQI — Xinjiang Uygur autonomous region in Northwest China saw foreign investment play an increasingly prominent role in its economic development in 2025, with strong growth in both new foreign firms and capital utilization, according to the regional department of commerce. Last year, Xinjiang recorded a 21.97-percent increase in newly established foreign-funded firms and a…

China introduces zero-tariff policy on imported goods for Hainan residents

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Market prospects shared with global firms

Finnish Ambassador to China Mikko Kinnunen (second from right) tastes food from Kazakhstan on Wednesday at a booth set up by the Central Asian nation during the Beijing International Premium Products Event for “Big Market for All: Export to China” in the Chinese capital. ZOU HONG / CHINA DAILY By pushing the expansion of high-level…

China shares market opportunities with global firms

By pushing the expansion of high-level opening-up and proactively sharing its vast market, China is emerging as a source of certainty for international businesses, offering stable demand and long-term growth opportunities at a time when global economic recovery remains fragile and trade fragmentation is intensifying, government officials and business leaders said on Wednesday. By further…

China, APEC up cooperation packages

China stands ready to deepen cooperation with other APEC economies on cross-border e-commerce, green trade and agricultural product market access to expand opportunities through inclusive opening and pragmatic collaboration, said a senior customs official on Wednesday. Speaking at a meeting during the First Senior Officials’ Meeting and Related Meetings of APEC China 2026 in Guangzhou,…

HK’s IPO market starts year on strong note

The Hong Kong initial public offering market opened the year on a strong note, as January has been a very robust month for debuts, with the momentum stemming from positive market sentiment and a strong pipeline following stellar results in 2025. By the end of January, 13 new IPOs had listed on the Hong Kong…

Shanghai sets 2026 GDP growth target at around 5%

SHANGHAI — Shanghai has set a GDP growth target of around 5 percent for 2026, Mayor Gong Zheng said on Tuesday while delivering a government work report. The target follows better-than-expected economic expansion in 2025. Shanghai’s GDP grew 5.4 percent year-on-year to 5.67 trillion yuan ($814.6 billion) last year, according to the report. Lu Ming,…

Shanghai sets 2026 GDP growth target at around 5%

SHANGHAI — Shanghai has set a GDP growth target of around 5 percent for 2026, Mayor Gong Zheng said on Tuesday while delivering a government work report. The target follows better-than-expected economic expansion in 2025. Shanghai’s GDP grew 5.4 percent year-on-year to 5.67 trillion yuan ($814.6 billion) last year, according to the report. Lu Ming,…

Provinces set targets to ensure growth quality

An aerial photo taken on Jan 19, 2026, shows a container terminal in Nanjing, Jiangsu province. Two-thirds of China’s provincial-level governments have moderately lowered their GDP growth targets for 2026, as they emphasized boosting domestic demand and fostering emerging industries, a move that analysts said reflects a pragmatic and proactive stance aimed at promoting high-quality…

Conversion rate of intl standards hits 88.9%

Visitors view a workstation for automobile components manufacturing during the 2025 China 5G + Industrial Internet Conference in Wuhan, Central China’s Hubei province, Nov 21, 2025. [Photo/Xinhua] China’s market regulator said it accelerated efforts last year to align domestic rules with international standards, further energize business entities and promote fair competition, as part of a…