BEIJING – China’s government-backed consumer goods trade-in programs benefited 366 million purchases in 2025, boosting product sales worth a total of 2.61 trillion yuan ($373 billion) in value, government data shows. At a regular press briefing on Thursday, commerce ministry spokesperson He Yongqian said that these programs led enterprises above a designated size to see…
BEIJING – China will step up efforts to promote the high-quality development of its real estate sector, advance urban renewal, and accelerate the upgrading of the construction industry in 2026, striving to secure a good start for housing and urban-rural development during the 15th Five-Year Plan period (2026-2030), an official said. The 15th Five-Year Plan…
China voiced “grave concerns” and “firm opposition” to the European Union’s move to label certain Chinese tech firms as “high-risk suppliers” on Thursday, following Brussels mandates to restrict such suppliers from critical sectors like 5G. “We firmly oppose the EU’s discriminatory practices against Chinese enterprises and its misguided approach of politicizing and over-securitizing economic and…
An aerial drone photo taken on May 30, 2024 shows the Datong Coal Mining Subsidence Area National Advanced Technology Photovoltaic Demonstration Base in Datong, North China’s Shanxi province. [Photo/Xinhua] DAVOS, Switzerland – China has emerged as an essential actor in the global sustainability transition and is poised to play an important role in the next…
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Dalian, a port city in Liaoning province, held a conference on Monday focused on improving its business environment, with local officials resolving to treat the task as the “most crucial, immediate, and pressing strategic mission”. At the meeting, Xiong Maoping, deputy secretary of the Liaoning Provincial Committee of the Communist Party of China and Party…
China expressed serious concerns about the European Union’s move to label certain Chinese companies as “high-risk suppliers” and restrict their participation in the bloc’s 5G development, the Ministry of Commerce said on Thursday. “We firmly oppose the EU’s discriminatory practices against Chinese enterprises and its misguided approach of politicizing economic and trade issues, and engaging in…
China will fully consider Canada’s legitimate concerns and its final ruling on the anti-dumping probe into rapeseed imported from Ottawa will be based on facts and evidence, the Ministry of Commerce said on Thursday. “China has consistently advocated for resolving trade disputes through dialogue and consultation,” ministry spokeswoman He Yongqian said at a news conference…
A panoramic view of Dishui Lake in Lin-gang Special Area. [Photo provided to chinadaily.com.cn] Shanghai’s Lin-gang Special Area unveiled its development plan for the Lin-gang Sci-tech Innovation City at a news conference on Jan 21. The plan serves as a roadmap for advancing the next phase of development through 2035, with the aim of transforming…
BEIJING — China has allocated 93.6 billion yuan ($13.37 billion) in ultra-long special treasury bonds to fund equipment renewal projects across key sectors, the National Development and Reform Commission (NDRC) said Thursday. The funds will support some 4,500 projects across industry, energy and power, education, healthcare, and upgrades to old residential elevators, and are expected…