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PBOC injects more liquidity to spur growth

Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s central bank injected 1 trillion yuan ($139 billion) into the market on Friday via an outright reverse repo operation, which not only reinforces its commitment to economic growth but also signals efforts to improve the transparency of…

Chinese market always be a magnet for foreign investment: FM spokesperson

BEIJING — Whatever challenge may appear in the external environment, China’s manufacturing remains needed by the world, and the Chinese market will always be a magnet for foreign investment, a foreign ministry spokesperson said here Friday. It was reported that amid the severe international economic environment, China’s trade and economic ties with the rest of…

China deploys 10 national comprehensive pilot zones to boost digital economy

Visitors learn about aircraft products during the 9th Silk Road International Exposition and the Investment and Trade Forum for Cooperation between East & West China in Xi’an, Northwest China’s Shaanxi province, May 21, 2025. [Photo/Xinhua] China will establish 10 national comprehensive pilot zones for data elements, according to an announcement made by the National Data…

China’s largest agricultural drone maker unveils new drones

XAG Co Ltd, one of China’s largest smart agricultural drone makers, unveil two new models of agricultural drones in Guangzhou, Guangdong province, on Thursday. [Photo provided to chinadaily.com.cn] XAG Co Ltd, one of China’s largest smart agricultural drone makers, unveiled two new models of farming drones in Guangzhou, the capital of Guangdong province, on Thursday,…

Shanghai-UK symposium explores tech collaboration opportunities

The UK Chapter of Shanghai Overseas Returned Scholars Association hosts a symposium focused on technological innovation and industrial development opportunities. [Photo provided to chinadaily.com.cn] Representatives from China and the United Kingdom gathered in Shanghai on Thursday for a symposium focused on technological innovation and industrial development, aiming to strengthen cooperation in emerging technologies. The event,…

China’s foreign trade up 2.5% in first five months

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Hunan introduces policies to attract foreign investment and talent

Foreigners in Hunan handle business at the one-stop service center for foreigners working in China at the Hunan Pilot Free Trade Port Zone. [Photo provided to chinadaily.com.cn] Hunan province has introduced two policy packages designed to strengthen its appeal to international investors and professionals.The new measures focus on streamlining business processes and deepening cooperation with…

Expert: Build solid technology barriers to eliminate risks

Liu Mingjuan, a leading expert on compliance management, calls on enterprises to establish effective risk management mechanism in the global environment during the Thirteenth China International Anti-corruption Compliance Summit held on May 28-29, 2024, in Shanghai. [Photo provided to chinadaily.com.cn] A leading Chinese expert has noted the importance of implementing innovative digital assessment and monitoring…

China eases rare earth exports to EU firms, EU chamber says

China has granted more export approvals of rare earth elements to European companies recently, the European Union Chamber of Commerce in China said on Friday. The relaxation came after a meeting in late May hosted by the Chinese Ministry of Commerce, where the rare earth controls were discussed among Chinese and European semiconductor firms. “There…

Chinese developers help support thriving Apple App Store system

Developers in China generated $539 billion in total billings and sales in Apple’s App Store system in 2024, showcasing the vitality and innovation prowess of China’s software developers, according to a new study by Boston University Questrom School of Business and the market research company Analysis Group. In comparison, the total billings and sales numbers…