A tax free sign seen in Shanghai. YIN LIQIN/CHINA NEWS SERVICE Shanghai has seen explosive growth in both inbound passengers and their spending over the past year on account of China’s visa-free policies, and the city is making steady progress in building itself into an international consumption center due to the joint efforts of the…
An employee works at an Oppo smartphone production facility in Manaus, Brazil. ZHOU YONGSUI/XINHUA China and Brazil are moving toward easing travel between the two countries, a step analysts say could deepen one of the world’s most important South-South economic relationships. Following an announcement in late January that unveiled a decision by Brazilian President Luiz…
This file photo shows a staff member of the Bank of Communications demonstrating the use of the digital RMB wallet at the Happy Valley Beijing theme park in Beijing, capital of China. [Photo/Xinhua] BEIJING – Chinese authorities have issued guidelines on enhancing the convenience of digital services for the entry of foreigners and people from…
On Feb 4, a group of foreign journalists made a visit to Beijing Automotive Group’s factory in Beijing. Ayoub Bechrouri, a journalist and TV host of China Arab TV, was impressed by the off-road vehicle he rode on a tour of the state-of-the-art technology. He complimented the modern technology of the vehicles made in China,…
Financial regulators from China and the UK explored the feasibility of a new connect program to facilitate two-way investment flows at the first meeting of the China-UK Financial Working Group (FWG), according to the People’s Bank of China. Co-chaired by People’s Bank Governor Pan Gongsheng and Lucy Rigby, economic secretary to Britain’s Treasury, the Beijing…
Costumers shop at the Sanya International Duty Free City in Sanya, South China’s Hainan province, on Jan 10, 2026. [Photo/Xinhua] Hainan province will open five duty-free stores for daily consumer goods across three cities on Feb 11, provincial authorities announced Friday, marking the first retail outlets under a new national policy designed to lower living…
Costumers shop at the Sanya International Duty Free City in Sanya, South China’s Hainan province, on Jan 10, 2026. [Photo/Xinhua] Hainan province will open five duty-free stores for daily consumer goods across three cities on Feb 11, provincial authorities announced Friday, marking the first retail outlets under a new national policy designed to lower living…
This photo taken on Nov 8, 2023 shows the pavilion of Covestro during the 6th China International Import Expo (CIIE) in East China’s Shanghai. [Photo/VCG] With global investment conditions remaining challenging, China is expected to lock in new investment plans from foreign corporations to build new factories and invest in the services sector in the…
Photo shows a night view of Taikoo Li Sanlitun, Beijing, on Dec 31. HU QINGMING/FOR CHINA DAILY This year, the Ministry of Commerce has made “Shopping in China” a priority, aiming to establish the Chinese market as a global consumption magnet, drawing not just tourists but the world’s top brands as well. The “Shopping in…
Photo shows a night view of Taikoo Li Sanlitun, Beijing, on Dec 31. HU QINGMING/FOR CHINA DAILY This year, the Ministry of Commerce has made “Shopping in China” a priority, aiming to establish the Chinese market as a global consumption magnet, drawing not just tourists but the world’s top brands as well. The “Shopping in…