China’s manufacturing transformation, ultra-large market and accelerating shift toward services, energy transition and digitalization will unlock substantial opportunities for French companies in the years ahead, said French business executives. As China and France deepened economic cooperation during French President Emmanuel Macron’s state visit to the nation last week, they said that the prospects for Sino-French…
File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] As the country approaches the 15th Five-Year Plan period (2026-30), top policymakers are sharpening their focus on steady and prudent macroeconomic management, with the central bank’s latest messaging underscoring that China would avoid both aggressive easing and disruptive policy reversals…
The pilot program to upgrade the functions of the free trade account system in the China (Shanghai) Pilot Free Trade Zone officially took effect on Friday, marking a new step forward in the liberalization and facilitation of cross-border trade and investment. The People’s Bank of China Shanghai Head Office started implementing the interim measures for…
BEIJING — Investment from the central government budget toward the work-for-relief programs has totaled 35.5 billion yuan (about $5 billion) in 2025, with these programs expected to create more than 1.1 million jobs for the low-income population, according to the National Development and Reform Commission (NDRC). The NDRC, China’s top economic planner, said these programs…
Three Chinese companies have obtained general export licenses for rare-earth–related items from the government, according to Shanghai Securities News. The companies — JL MAG Rare-Earth Co, Beijing Zhong Ke San Huan Hi-Tech Co, and Yunsheng Group — have been authorized to export such items under the government’s regulatory framework, according to the report on Friday.…
BEIJING – The People’s Bank of China (PBOC), the country’s central bank, on Thursday said that it will conduct a 1-trillion-yuan ($141.4 billion) outright reverse repo operation on Friday to maintain ample liquidity in the banking system. The operation will be carried out with a fixed quantity through interest-rate bidding, with winning bids determined at…
China has been approving all compliant rare earth export applications for civilian use without delay, the Ministry of Commerce said on Thursday. This comes after a survey claimed that several European businesses were already, or expecting to be, affected by China’s export controls. “To the best of my knowledge, the Chinese government has consistently approved…
Russian tourists shop at a supermarket in Raohe county, Heilongjiang province, on Oct 11, 2025. [Photo/VCG] China and Russia are seeing renewed vitality in cross-border travel and economic cooperation after a visa-free travel arrangement and an upgraded bilateral investment treaty came into force on Monday, measures that experts say will support diversified trade and strengthen…
China’s latest steps to spur domestic demand will draw more foreign enterprises to increase investment in the country, as the strength of its super-large-scale market offers renewed impetus for corporate growth and the broader global economic recovery, said leading economists and business executives. Speaking ahead of China’s annual Central Economic Work Conference, they said these…
China will take necessary measures should Japan refuse to withdraw its erroneous remarks on China’s Taiwan, and Japan must bear sole responsibility for all consequences, the Ministry of Commerce said on Thursday. Regarding Japanese Prime Minister Sanae Takaichi’s erroneous remarks on China’s Taiwan, China has made it very clear that Japan should immediately correct its…