A view of a property project under construction in Fuzhou, Fujian province. ZHANG BIN/CHINA NEWS SERVICE Optimization measures rolled out by China’s central government as well as major cities, along with large-scale promotional activities by real estate developers, have led to a better-than-expected housing market performance during the weeklong National Day holiday, industry experts said…
BRUSSELS – The European Union’s (EU) punitive tariffs on Chinese battery electric vehicles (EVs) are a mistake, which will do more harm than good, the Brussels-based economic think tank Bruegel said on Wednesday. The European Commission announced Friday that it passed a vote to impose punitive tariffs on Chinese EVs, sparking criticism from several European…
A worker is pictured at the production line of a textile company in Jimo district of Qingdao city, East China’s Shandong province, Oct 7, 2024. [Photo/Xinhua] China will likely hit this year’s annual growth target of around 5 percent with a projected pickup in fourth-quarter GDP growth, given the recently unveiled, bolder than expected stimulus…
Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, speaks at a signing ceremony of a document on amending the service trade agreement under the Closer Economic Partnership Arrangement (CEPA) in Hong Kong, Oct 9, 2024. [Photo/Xinhua] BEIJING – The Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) have…
China-made products on display during a recent expo in Los Angeles. ZENG HUI/XINHUA Stable China-United States business ties would contribute to the security and stability of global industrial supply chains, fostering a favorable policy environment for collaboration between companies from both sides, said market watchers and business executives on Wednesday. China’s Ministry of Commerce said…
BEIJING – China’s central bank announced Thursday that it has decided to set up Securities, Funds and Insurance companies Swap Facility (SFISF), with the initial scale of 500 billion yuan ($71 billion) for “the healthy and stable development of the capital market”. Tanks to chinadaily.com.cn Please visit: Our Sponsor
A vessel is docked at a container terminal in Duisburg, North Rhine-Westphalia, Germany, in October last year. The city is a key hub for trade between China and Europe. [Photo/Agencies] China’s anti-dumping measures on imported brandy from the European Union are fully compliant with the World Trade Organization’s rules, the Ministry of Commerce said on…
A view of Bayer’s booth at an expo in Shanghai. [Photo/China Daily] Upbeat about China’s innovative pharmaceutical market, German life sciences company Bayer has said it will keep investing in China and looks forward to more collaborations with local partners. “China has become an increasingly important source of innovation in global life sciences. It is…
Passengers wait for trains at Taiyuan South Railway Station in Taiyuan, Shanxi province on Oct 7, 2024. [Photo by Zhu Xingxin/chinadaily.com.cn] China’s just-concluded National Day holiday period saw record-high bookings of travel products for outbound trips, and bookings made by residents of small Chinese cities, especially from western China, grew rapidly, domestic online travel agencies…
Share – WeChat A worker is busy on the production line of electronic components to fulfill domestic and foreign orders at Poppula, a Chinese semiconductor producer in Suqian, Jiangsu province on Oct 8, 2024. So far, the company’s product sales has covered 21 provinces and autonomous regions across China and 72 countries and regions around…