Chinese mainland authorities unveiled new policies on Wednesday to stimulate consumption and promote innovation-driven development. Fourty-one new duty-free shops, each at one of the 41 listed ports of entry to the mainland, will be set up, including at Wuhan Tianhe International Airport, said a joint announcement by the Ministry of Finance, the Ministry of Commerce, the…
A view of employees at a Chinese-funded auto component company in Tunisia. XINHUA China is optimizing the framework for helping companies go abroad, shifting toward a more sophisticated, service-oriented support system aimed at facilitating their high-quality overseas expansion and enhancing global supply chain stability, officials said. The updated framework was outlined by the Investment Promotion…
Vice-Premier He Lifeng delivers a speech on Tuesday during the 2026 annual meeting of the World Economic Forum in Davos, Switzerland. The WEF meeting runs through Friday. [Photo/Agencies] Chinese Vice-Premier He Lifeng’s speech in Davos, Switzerland, on Tuesday drew international praise as a timely reaffirmation of China’s role as a stabilizing force in an increasingly…
Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. [Photo by Xu Boyuan/For chinadaily.com.cn] Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. The event served as a prelude to this year’s meeting…
Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. [Photo by Xu Boyuan/For chinadaily.com.cn] Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. The event served as a prelude to this year’s meeting…
As a major engine of global economic growth, China actively engages with the world through its commitment to openness and continuous technological innovation. Its vast market provides a stable and reliable platform for international exchange and cooperation. By 2025, China had established trade relations with 249 countries and regions, achieving trade growth with more than…
China is stepping up efforts to boost domestic demand by placing greater emphasis on raising people’s incomes, expanding consumption capacity and fostering stronger internal economic circulation, in a bid to address persistent demand shortfalls and support more sustainable growth, the country’s top economic regulator said on Tuesday. Analysts said the latest signals underscore the resolve…
A residential property project under construction in Hangzhou, Zhejiang province. LONG WEI/FOR CHINA DAILY Real estate development projects that have been placed on a “white list” under China’s financing coordination mechanism are expected to secure extensions on their existing loans, provided they meet specific conditions and standards, said industry insiders. The new move will provide…
Liao Min, vice-minister of finance, Li Xianzhong, director general of the Comprehensive Department of the Ministry of Finance (MOF), and Yu Hong, director general of the Department of Finance of the MOF, attend a press conference held by the State Council Information Office (SCIO) on implementing a proactive fiscal policy for high-quality economic and social…
China will continue to expand high-level opening-up and steadily advance institutional opening-up, officials said on Monday, as the Investment Promotion Agency of the Ministry of Commerce unveiled an extensive program of domestic and overseas promotion activities for 2026. The Chinese and Foreign Investment Promotion Agencies Conference, hosted by Investment Promotion Agency in Beijing, is part…