China’s service sector has sharpened its international competitiveness, with knowledge-intensive service exports recording robust growth, the Ministry of Commerce said on Thursday. China’s service exports jumped 15 percent year-on-year to 985 billion yuan ($136 billion) in the first four months, propelled by a rapid expansion of knowledge-intensive services, which now account for more than half…
The CCPIT Shanghai International Commercial Mediation (Hong Kong) Office is inaugurated in Hong Kong on Wednesday. [Photo provided to chinadaily.com.cn] The CCPIT Shanghai International Commercial Mediation (Hong Kong) Office was inaugurated in Hong Kong on Wednesday, aiming to promote the development of diverse mechanisms for resolving international commercial disputes and support Shanghai enterprises in pursuing high-quality…
Xie Tingrong (left), business director of Beijing Wutong Reception Hall, and Nancy Sun Davis, chairperson of Los Angeles Golden Capital Catering Group, sign an agreement on acquiring Golden Capital Restaurant for business expansion in the US. [Photo provided to chinadaily.com.cn] A Beijing business has signed an agreement to acquire a United States-based catering company for…
A passenger views her photos on the camera of a photographer on the Train Y783 in Northeast China’s Heilongjiang province, Jan 25, 2026. [Photo/Xinhua] BEIJING — China will further promote the integrated development of its railway and tourism sectors and implement more measures to expand service consumption, according to a government document made public on…
TUNIS — Tunisia’s tourism industry sees vast potential in the Chinese market and has high hopes for future growth, a Tunisian tourism official has said. Speaking of ITB China 2026, a travel trade fair held in Shanghai focusing on the Chinese travel market, Anouar Chetoui, chief representative of the Tunisian National Tourist Office in China,…
A resounding 95 percent of US firms operating in China consider the Chinese market to be “somewhat to very important” for staying globally competitive, according to an annual member survey released by the US-China Business Council. “For US companies, China is not optional,” the survey released on Wednesday highlighted. According to the survey, almost half…
A taxation official (left) explains tax regulations to a merchant in Huaian, Jiangsu province. ZHAO QIRUI/FOR CHINA DAILY China’s market entities continued to demonstrate improving tax and social security payment credit performance in 2026, with the number of creditworthy businesses steadily increasing and more companies actively repairing their credit records, said the State Taxation Administration.…
HAIKOU — A new container shipping route linking Hainan’s Yangpu Port with India officially commenced operation on Tuesday, adding a second South Asia service for the deep water facility, local maritime authorities said. Yangpu Port is the largest cargo port in the Hainan Free Trade Port (Hainan FTP). The route connects Yangpu with Haiphong in…
China’s marine economy continued to make progress in high-quality development in 2025, with a key development index rising 2.2 percent year-on-year to 128.8, according to the 2026 China Ocean Economic Development Index released on Wednesday by the Ministry of Natural Resources. Compiled by the National Marine Data and Information Service, the index uses 2015 as…
People get to know intelligent services at the exhibition area of ICBC during the 15th China (Guangzhou) International Finance Expo in Guangdong province on June 3. CHINA DAILY As humanoid robots move rapidly from research labs into real-world applications, China’s banking and insurance sectors are racing to provide the financial fuel behind the industry’s growth,…