Tourists from Australia pose for photos at the Tiantan (Temple of Heaven) Park in Beijing, capital of China, May 1, 2025. [Photo/Xinhua] BEIJING – China’s State Taxation Administration released value-added tax (VAT) invoice data on Tuesday, revealing robust consumer spending in the world’s second-largest economy during the just-concluded May Day holiday. The five-day holiday, which…
A foreign tourist poses for photo with a performer at Tianjin International Cruise Home Port in North China’s Tianjin municipality, May 1, 2025. [Photo/Xinhua] BEIJING – The number of payments made by visitors to China saw a sharp increase while the total value of these payments also surged during the just-concluded May Day holiday, data…
An intelligent robot inspects power supply equipment in Chuzhou, Anhui province, on Sunday.[SONG WEIXING/FOR CHINA DAILY] China has dramatically transformed its power grid security and reliability in recent years, overcoming past power shortages to build a system now boasting the world’s highest voltage levels, largest renewable energy integration and most robust resource allocation capabilities, industry…
Consumers are seen at a retail complex operated by Pangdonglai in Xuchang, Henan province, on April 28. [NIU SHUPEI/FOR CHINA DAILY] Pangdonglai, a widely known retail chain despite operating just 13 stores in a mere two cities in Henan province, shut down its official website on Tuesday. The shutdown was seen by many as linked…
“A five-percent GDP growth is an absolute festival of opportunity in the trade show market,” Hugh Jones, CEO of RX Global, said in an interview with China Daily. “It gives us greater commitment to deepen our presence in China’s multiple industries, multiple markets, and that’s a long-term stable growth potential,” he added. Tanks to chinadaily.com.cn…
BEIJING – Companies listed on the Beijing Stock Exchange posted stable performances in 2024, with over 80 percent achieving profitability, the stock exchange said on Tuesday. Its data shows that the 265 companies listed on the exchange accumulated total operating revenues of 180.85 billion yuan ($25.12 billion) last year, with profits coming in at 11.03…
China has agreed to engage with the United States on tariff issues, after the White House signaled the possibility of adjusting its tariff policies and proactively reached out to Beijing through various channels, the Ministry of Commerce said on Wednesday. Chinese Vice-Premier He Lifeng, the Chinese lead for China-US economic and trade affairs, will meet…
Tourists visit Chongqing Natural History Museum in Southwest China’s Chongqing municipality, May 2, 2025. [Photo/Xinhua] BEIJING – During the five-day May Day holiday, museums across China recorded more than 60.49 million visits, setting a new record and marking a 17 percent increase year-on-year. For many travelers, cultural sites have become must-see destinations during holiday. At…
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Data released by multiple cultural and tourism departments of the country shows that the number of tourists recorded on the first two days of the May Day holiday exceeded that of the same period last year. For instance, on Friday, the second day of the May Day holiday, Hunan province saw a flow of 14.4…