Skip to content

economic

China, UK to further deepen business relations

China and the United Kingdom signed four economic and trade cooperation documents on Thursday, stepping up engagement in bilateral economic mechanisms, goods and services trade, as the two sides seek to further deepen business ties, according to a statement released by the Ministry of Commerce. One of the key agreements was a memorandum of understanding…

China moves to strengthen disclosure on public investment funds

China’s top securities regulator released on Friday draft revisions to rules on information disclosure by publicly offered investment funds, stepping up requirements on reporting investment returns to improve transparency and better protect investors. According to the draft rules, the regulator will streamline disclosure items that are currently duplicated or similar across annual, semiannual and quarterly…

China updates sustainability disclosure rules to support high-quality, ESG-aligned growth

China’s stock exchanges have issued revised guidelines for corporate sustainability disclosures, underscoring China’s ongoing proactive efforts to foster sustainable and high-quality growth among listed enterprises while aligning with international environmental, social, and governance standards. The Shanghai, Shenzhen and Beijing bourses, under the guidance of the China Securities Regulatory Commission, released revised sustainability reporting guidelines on…

Chinese AI chips gain huge traction in market

In the wake of the United States’ export controls on advanced chips, China’s push for self-sufficiency in artificial intelligence processors is gaining remarkable momentum, with at least nine domestic chip companies having surpassed a significant threshold of 10,000 units in terms of order shipments, according to experts and executives. This 10,000-chip club signals that domestic…

China, Sri Lanka to set up renminbi clearing arrangements

The People’s Bank of China has recently signed a memorandum of cooperation with the Central Bank of Sri Lanka to establish renminbi clearing arrangements in Sri Lanka, said a statement released by China’s central bank on Wednesday. The establishment of renminbi clearing arrangements will facilitate the use of the Chinese renminbi in cross-border transactions by…

China issues work plan to foster new growth drivers in service consumption

Tourists take a cruise ship to enjoy the night view in Southwest China’s Chongqing municipality, May 28, 2025. [Photo/Xinhua] BEIJING – China has released a work plan to accelerate the cultivation of new growth drivers in service consumption, as part of broader efforts to support the country’s high-quality development. The plan, published by the General…

China to deepen capital account opening

A clerk counts cash at a bank in Nantong, South China’s Jiangsu province. [Photo/Sipa] China will deepen high-quality capital account opening and improve the diversified investment and use of the country’s foreign exchange reserves in the coming five years, as part of broader efforts to sharpen its financial strength, a senior official said. Zhu Hexin,…

Visit to raise bilateral relations to a new level

Finnish visitors experience tie-dyeing with a group of students from a primary school in Nantong, Jiangsu province, on Nov 4, 2025. ZHAI HUIYONG/FOR CHINA DAILY After Finnish Prime Minister Petteri Orpo paid an official visit to China this week, the two sides signed a series of cooperation agreements in fields such as political mutual trust,…

High-profile visits signal pivot by EU

A BYD car on show at an auto expo in London. XINHUA China has seen a wave of high-profile visits by European leaders lately, signaling a pragmatic pivot by the bloc toward closer economic engagement with Beijing as a counterweight to rising global instability, analysts said. Hot on the heels of Finnish Prime Minister Petteri…