Northwest China’s Xinjiang Uygur autonomous region plans to roll out five targeted campaigns this year with 16 measures to foster a more stable, fair, transparent, and predictable business environment for market entities, according to its 2026 action plan for optimizing the business environment. The campaigns aim to break down market barriers, optimize resource allocation, enhance…
China and the United States have maintained continuous communication at various levels through their economic and trade consultation mechanism, the Ministry of Commerce said on Thursday. The ministry’s spokeswoman, He Yongqian, made the remarks at a news conference in response to a question about reports that China and the US are set to hold their…
China’s latest enforcement of export control measures against certain Japanese entities with military ties is aimed at curbing Tokyo’s re-militarization and any attempts to acquire nuclear weapons, the Ministry of Commerce said on Thursday, stressing that the move is fully “legitimate, reasonable, and lawful”. He Yongqian, a spokeswoman for the ministry, told a news conference…
Hong Kong Financial Secretary Paul Chan Mo-po (second from left) greets lawmakers after delivering the 2026-27 Budget address on Wednesday. ANDY CHONG/CHINA DAILY The Hong Kong Special Administrative Region government will earmark about HK$220 million ($28.1 million) to establish the first national manufacturing innovation center outside the Chinese mainland, according to the 2026-27 Budget released…
Potential homebuyers look at a property model in Shanghai. CHINA DAILY The seven-item policy package easing homebuying restrictions in Shanghai is expected to consolidate market stabilization, unleash diverse housing demand, and thereby promote the formation of a benign market mechanism that effectively supports the stable and healthy development of the property market, said industry experts.…
Visitors browse imported goods during a trade fair in Beijing on Feb 4. JU HUANZONG/XINHUA China’s latest move to unveil an updated catalog aimed at expanding services imports will provide broader market space for companies worldwide and help facilitate the efficient allocation of high-quality global services resources, said government officials and company executives on Thursday.…
An initiative to pilot a mechanism to acquire preowned homes that will guarantee the supply of government-subsidized rental housing will help Shanghai play the role of a market stabilizer, experts said. The tone-setting annual Central Economic Work Conference, which concluded in December, had proposed the acquisition of existing commercial housing as a solution to ensure…
Shanghai Disney Resort has announced its 10th birthday celebration. [Photo provided to chinadaily.com.cn] Shanghai Disney Resort has announced its 10th birthday celebration on Thursday, set to commence on March 20. It will feature an array of entertainment offerings, themed merchandise, special culinary experiences, and festive decorations throughout the resort. “For nearly a decade since its…
This file photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] China’s top securities regulator has pledged to push the country’s capital market opening to a deeper and higher level while advancing reforms of the STAR Market and ChiNext during a meeting with foreign financial institutions. Wu Qing, chairman of…
China will suspend additional tariffs imposed on certain imports from Canada after recent consultations led to an arrangement to resolve bilateral trade issues between the two countries, the Customs Tariff Commission of the State Council announced on Friday. The revised measures will take effect on Sunday, and remain in force until Dec 31, said the…