China will impose tariffs ranging from 10 percent to 15 percent on imports from the United States, the Customs Tariff Commission of the State Council announced on Tuesday. This decision follows the US government’s announcement on Monday of an additional 10 percent tariff on all Chinese exports to the US, citing fentanyl-related concerns. The US…
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China is accelerating the revising and finalization of a draft law aimed at promoting the growth and protection of private enterprises, the National People’s Congress, the country’s national legislature, said at a news conference on Tuesday, one day ahead of the opening of its annual session. Lou Qinjian, spokesman for the third session of the…
Despite the challenges and difficulties ahead, China still enjoys favorable conditions and factors to sustain steady growth, Lou Qinjian, spokesman for the third session of the 14th National People’s Congress, said at a news conference on Tuesday. He expressed optimism and confidence about China’s economic prospects, saying “the underlying trend of long-term growth and the…
The essence of China-US economic and trade relations is mutual benefit and win-win cooperation, said Lou Qinjian, spokesman for the third session of the 14th National People’s Congress, at a news conference in Beijing on Tuesday. Since the establishment of diplomatic ties 46 years ago, bilateral trade between the China and the US has grown…
Zhuyeqing Tea, a major green tea maker in Southwest China’s Sichuan province, said the nation’s tea consumption market is undergoing significant changes, and it will further strengthen cooperation with e-commerce platforms to meet growing demand from young consumers. In addition to drinking milk tea and fruit tea, young Chinese consumers have been more interested in…
HONG KONG — The Second Agreement Concerning Amendment to the Mainland and Hong Kong Closer Economic Partnership Arrangement Agreement on Trade in Services (agreement II) was implemented on Saturday, allowing Hong Kong to accelerate its integration into the overall national development. The agreement II further opens up the services market of the Chinese mainland to…
[Photo provided to chinadaily.com.cn] The emergence of DeepSeek has ignited a new wave of artificial intelligence (AI) enthusiasm worldwide, with AI rapidly integrated into industries such as smart manufacturing, financial risk control and intelligent transportation. These advances are creating new industry models and opening up significant economic growth opportunities. However, the surging demand for AI…
A Mixue mascot strikes a gong during the company’s listing ceremony at the Hong Kong bourse on Monday. LAM YIK/REUTERS Mixue Group, Chinese mainland’s largest fresh drinks producer by retail market share, made a strong debut on the Hong Kong stock exchange, opening 29 percent above its initial public offering price at HK$262 ($33.59) per share.…