China’s tax authorities have stepped up efforts to encourage residents to report overseas income, with continued guidance and reminders for taxpayers to review their foreign earnings from 2022 to 2024. According to the State Taxation Administration, tax officials have intensified awareness campaigns, urging residents to conduct self-assessments of their overseas income. The move aims to…
China promulgated on Friday the Administrative Measures for Special Anti-Money Laundering Preventive Measures, which will take effect on Feb 16. The measures require financial institutions to assume primary responsibility for implementing special preventive actions against money laundering, terrorist financing, and the financing of proliferation of weapons of mass destruction. Under the rules, financial institutions must…
Chinese technology heavyweight Kuaishou Technology is raising about $2 billion through its first offshore dual-currency bond issuance, as it looks to tap overseas capital markets to support its intensified artificial intelligence development. The company announced on Friday that it will issue $600 million of 4.125 percent senior notes due in 2031, $900 million of 4.75…
China’s top securities regulator highlighted the importance of consolidating the positive momentum of market stability, strictly investigating and punishing illegal activities such as excessive speculation and market manipulation, and resolutely preventing sharp market fluctuations. At the 2026 work conference of the China Securities Regulatory Commission on Thursday, the regulator emphasized that while the overall capital…
Electric scooters decorated with China’s giant panda mascot “Upanda”, supplied by Chinese electric vehicle manufacturer Luyuan Group, rolled through the streets of Bangkok this week, marking the launch of the “Boundless Creativity · Youth Link” China–Thailand youth cultural exchange event. Organized by the Five Continents Communication Center and Chulalongkorn University, the program brings together young…
China will assign a unique “digital identity” to every new-energy vehicle power battery to strengthen full-lifecycle supervision and promote safe, efficient recycling, the country’s top industry regulator said on Friday. The move is part of newly released regulations aimed at establishing a standardized system for handling retired batteries, as the country anticipates a massive wave…
In 2025, the estimated number of nights spent at tourist accommodation establishments in the EU reached 3.08 billion, exceeding the previous year by 61.5 million, or 2%. The growth in tourism nights was mainly driven by an increase in nights spent by international guests (+46.1 million), while the nights spent by domestic guests saw growth…
The 6th ASEAN Digital Ministers’ Meeting and Related Meetings is held in Hanoi, Vietnam, on Friday. [Photo provided to chinadaily.com.cn] The 6th ASEAN Digital Ministers’ Meeting and Related Meetings was held in Hanoi, Vietnam, on Friday, charting a roadmap for deeper digital collaboration between China and ASEAN over the next five years in areas including…
Los-Angeles-based Chinese editor Yuntong “Hazel” Dai helps turn damaged footage and a missing scene of a Chinese micro-budget film into an overseas cash-point. [Photo provided to chinadaily.com.cn] As Drifting, South, a 16 mm short-film directed by Chinese director Zhang Di, has just won the Winner award in the Short Film International Competition at Riga International…
China’s market regulator said on Friday it had conditionally approved United States’ American Axle & Manufacturing Holdings’ acquisition of a stake in British automotive supplier Dowlais Group, imposing remedies aimed at safeguarding competition in key automotive components markets. In a statement, the State Administration for Market Regulation said the deal involves major global suppliers of…