As China’s tropical island province of Hainan starts independent Customs operations by the end of the year, its level of openness is expected to reach new highs and benefit more foreign partners, said senior officials. In line with the highest international standards of openness, the liberalization and facilitation of trade and investment have been the…
Chinese foreign trade companies are picking up steam in fulfilling orders after China and the United States announced on Monday that they had reached an agreement to reduce tariffs on each other during trade talks in Geneva, Switzerland. The influx of orders from the US has posed a challenge to the production and supply capabilities…
Chen Guangzhe, vice-president for infrastructure at the World Bank, speaks at the opening ceremony of the Regional City Academy Asia of the Global Platform for Sustainable Cities held between May 12 and 14 in Guangzhou of Guangdong province. [Photo provided to chinadaily.com.cn] A senior World Bank official has affirmed that Guangzhou, capital of Guangdong province,…
On May 15, the 2025 Shandong Premium Export Products Shopping Season was launched in Jinan, the capital of East China’s Shandong province, unveiling a curated selection of world-class goods for the domestic market. The initiative heralds a province-wide movement to bring internationally acclaimed Shandong products to local consumers, celebrating the region’s industrial excellence and manufacturing…
PARIS — Chinese Vice-Premier He Lifeng said here on Thursday that China is willing to work with France to strengthen coordination on multilateral international affairs, and safeguard an open and cooperative international economic and trade environment. He, the Chinese lead person of the China-France High Level Economic and Financial Dialogue, made the remarks while co-chairing…
Tourists from Australia visit the Tiantan (Temple of Heaven) Park in Beijing, capital of China, May 1, 2025. [Photo/Xinhua] China plans to accelerate the availability of tax refund stores for eligible overseas visitors to about 10,000 shops nationwide this year, almost tripling the current number, as the country continues to boost inbound tourism and consumption,…
China will take firm measures to safeguard the legitimate interests of its companies, following the United States’ latest attempt to block the global use of Huawei Technologies’ Ascend artificial intelligence chips, the Ministry of Commerce said on Thursday. At a weekly news briefing in Beijing, ministry spokeswoman He Yongqian said that the latest US announcement…
A cashier counts RMB notes in a bank in Haian, Jiangsu province. [Photo/Sipa] BEIJING — China issued 10.06 trillion yuan ($1.39 trillion) in new yuan-denominated loans in the first four months of 2025, central bank data showed on Wednesday. At the end of April, outstanding yuan loans amounted to 265.7 trillion yuan, up 7.2 percent…
With China and the United States agreeing to de-escalate trade tensions, European companies are urging both sides to resolve differences through constructive engagement and refrain from actions that could disrupt global trade and investment activities, said the European Union Chamber of Commerce in China. While the chamber is encouraged by the tariff adjustment measures announced…
A new report assessing the investment environment of countries in Latin America has been released, providing support for Chinese enterprises to go global and help promote high-quality bilateral development. Latin America has abundant natural resources, vast market capacity and diverse social structure, which boasts significant development potential in the medium and long-term, said the report…