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2025 WIC Light of Internet Expo kicks off in Wuzhen

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Share – WeChat A staff member operates a humanoid robot at the 2025 World Internet Conference (2025 WIC) Light of Internet Expo in Wuzhen, East China’s Zhejiang province, on Thursday. [Photo by Zou Hong/chinadaily.com.cn] 1 2 3 4 5 6 7 8 9 Next   >>| Tanks to chinadaily.com.cn Please visit: Our Sponsor

Authorities tighten offshore tax compliance

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China’s tax authorities have disclosed six recent cases involving individuals who failed to declare overseas income, as part of a wider effort to strengthen compliance among residents with cross-border earnings. Tax bureaus from cities like Beijing and provinces including Fujian, Guangdong and Sichuan recently made public a series of guidance and rectification cases, urging residents…

By the end of the decade, China will have shrunk to a sub-5% share of EU exports

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Since COVID-19, EU exports to China have contracted at a compound annual rate of 1%, while exports to the rest of the world have grown by 7% a year.The resilience of EU exports so far this decade is notable, given China’s inward-looking strategy and Russia’s near disappearance from the EU export map.By 2025, import volumes…

Baidu unveils new Kunlun chips

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A view of Baidu World 2025, the company’s annual flagship tech event held in Beijing. YE LINGYU/FOR CHINA DAILY Chinese tech giant Baidu Inc on Thursday unveiled the latest generation of its self-developed Kunlun chips and the upgraded version of its large language model Ernie 5.0, marking a significant step in boosting artificial intelligence technology…

CSRC Chairman Wu Qing strengthens financial ties during visits to France, Brazil

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Wu Qing, chairman of the China Securities Regulatory Commission, visited Paris and Rio de Janeiro from Monday to Thursday, meeting with local financial regulators and institutional investors to advance bilateral cooperation and promote the opportunities in China’s capital market. During the visit, Wu held bilateral meetings with leaders from the Autorité des Marchés Financiers, France’s…

Pilot free trade zone showcases robust growth, opening-up of Xinjiang

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Business representatives visit the Kashgar area of the China (Xinjiang) Pilot Free Trade Zone in the Xinjiang Uygur autonomous region on Nov 7. FANG AIQING/CHINA DAILY A news conference in Urumqi on Thursday highlighted how the China (Xinjiang) Pilot Free Trade Zone has advanced development in the Xinjiang Uygur autonomous region since its establishment in…

Apple launched a new program to help mini apps developers

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The United States tech company Apple said on Friday that it would cut the company’s App Store fees from 30 percent to 15 percent for mini app makers who enter its new Mini Apps Partner Program. The Mini Apps Partner Program offers app developers the reduced fee in exchange for developers agreeing to use some…

China’s yuan loans grow 14.97t yuan in first 10 months

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A cashier counts RMB notes in a bank in Haian, Jiangsu province. [Photo/Sipa] BEIJING — China’s yuan-denominated loans rose 14.97 trillion yuan ($2.11 trillion) in the first 10 months of the year, central bank data showed on Thursday. Of the total, household loans grew 739.6 billion yuan, while loans to enterprises and public institutions increased…

China’s economy remains generally stable in October

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The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] China’s economic performance held steady in October amid headwinds and uncertainties, with industrial production reporting stable growth, driven by strong performances in equipment manufacturing and high-tech sectors, official data showed on Friday. Figures released by the National Bureau of Statistics (NBS) showed that China’s…

Taxation shift eyes unified national mkt

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China would benefit from fine-tuning its fiscal system, moving the focus of taxation from factories to consumers, a move analysts say would help dismantle local protectionism and accelerate the development of a unified national market. Currently, value-added taxes — the largest source of tax revenue — are collected where goods and services are produced, said…