China’s appeal as a destination for foreign capital is set to strengthen further as policymakers move to stabilize expectations, while the country’s vast market and accelerating industrial upgrading continue to reinforce its long-term attractiveness amid an uncertain global backdrop, said market observers and business executives. They noted that beyond major commitments to opening-up, a combination…
HAIKOU — South China’s Hainan Free Trade Port (FTP) has initiated a plan to develop zero-carbon industrial parks, as outlined in a joint notification from five provincial government departments, including the Development and Reform Commission and the Department of Industry and Information Technology. The initiative aims to phase in low-carbon and zero-carbon transformations across various…
A view of the Nansha Port of Guangzhou Port Group. [Photo provided to chinadaily.com.cn] China is to impose provisional countervailing duty deposits on imports of certain dairy products from the European Union, including fresh cheese and curd, the Ministry of Commerce has announced. The ministry launched a countervailing investigation into certain dairy products imported from…
China will work towards greater openness and the authorized operation of public data as part of broader push to unleash the value of its massive data resources, according to the country’s top data governance regulator. Authorized operation, as an innovative model for the development and utilization of public data, serves as a useful complement to…
The People’s Bank of China, the country’s central bank, unveiled a one-off credit repair policy on Monday, aimed at helping individuals with impaired credit records but active repayments to rebuild their credit, thereby addressing the fallout of the COVID-19 pandemic and supporting a sustained economic recovery. A notice released by the PBOC said that eligible…
Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s central bank has rolled out a one-off credit repair policy to improve the public’s overall credit profile and reinvigorate market vitality. However, officials have insisted that the move is not a relaxation of credit discipline and that credit…
Visitors gather at the 22nd China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 17. LU BOAN/XINHUA Several ASEAN diplomats have emphasized the strategic position of the Guangxi Zhuang autonomous region as a frontier and gateway for China’s cooperation with Southeast Asia, expressing hope of expanding trade with China through multi-domain collaborations. The “Shopping…
CAI MENG/CHINA DAILY The much-anticipated Central Economic Work Conference was held from Dec 10 to 11 in Beijing. Based on a comprehensive assessment of the domestic and international economic landscape, the meeting clearly stated that the underlying conditions and fundamental trends sustaining China’s long-term economic growth remain unchanged, while stressing that it will adhere to…
China’s efforts to build a unified national market entered a new phase in early 2025, when the National Development and Reform Commission — the country’s top economic regulator — issued guidelines intended to accelerate regional integration and harmonize market rules. For many observers, it marks the beginning of a comprehensive advancement of China’s national market…
Once believed to be merely a children’s favorite, animated films have “grown up”, becoming the most commercially successful genre in China and making 2025 the highest-grossing year on record for the category. As of Tuesday, propelled recently by Disney’s blockbuster Zootopia 2, the box office revenue of animated movies in China has reached 25.06 billion…