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Refined duty-free policies to boost consumption, attract overseas shoppers

China will introduce a series of new measures to upgrade its duty-free shop policies starting Nov 1, 2025, in a bid to boost domestic consumption and attract more foreign visitors, according to a notice released on Thursday. The notice, jointly issued by the Ministry of Finance, Ministry of Commerce, Ministry of Culture and Tourism, General…

8.2% of EU workers are at risk of poverty

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FAW-VW’s 30 millionth car milestone in Sino-German cooperation

FAW-Volkswagen holds a ceremony on October 30, 2025 in celebration of the roll-out of its 30 millionth vehicle. [Photo provided to chinadaily.com.cn] FAW-Volkswagen rolled out its 30 millionth vehicle – an Audi A5L sedan – on Thursday at the company’s Changchun plant in Jilin province, becoming the first passenger-vehicle maker in China to surpass 30…

China hits 865m IPv6 users

The fourth China IPv6 Innovation and Development Conference is held in Beijing, Oct 29, 2025. [Photo provided to chinadaily.com.cn] China had 865 million active users of Internet Protocol version 6 (IPv6) by Sept 2025, accounting for 77.02 percent of the total internet user base, according to a white paper released on Wednesday. This marks a…

The World Tilts to Managed Trade

Calling today’s toolkit “managed trade” is not wrong; it captures the spirit of what is going on. When advocates describe current measures as “tilting toward managed outcomes,” it often reads like a polite euphemism. In plain terms, managed trade is when governments steer the amount or direction of trade, not just the price. It shows…

BMW taps deep geothermal energy in China

BMW launches the geothermal heating program for its powertrain plant and high-voltage battery center in Shenyang, Liaoning province, on Oct 31, 2025. [Photo provided to chinadaily.com.cn] BMW Group has taken another step in its global renewable energy transition with the launch of a geothermal heating project on Friday in Shenyang, Northeast China — a move…

Taicang signs over 20 projects with central SOEs

The Taicang Port Economic and Technological Development Area signs an agreement with Huaneng Group Fuel on Oct 30 in Beijing. [Photo provided to chinadaily.com.cn] Taicang, an economic hub in East China’s Jiangsu province, signed more than 20 investment and cooperation projects with central State-owned enterprises and leading research institutes during a promotional event in Beijing…

Xizang’s GDP up 7.1% in Jan-Sept

Villagers try the tap water as they move to their newly-built houses at Zimgag village of Dingri county, Shigatse city, Southwest China’s Xizang autonomous region, Aug 15, 2025. [Photo/Xinhua] The Xizang autonomous region recorded a GDP of 207 billion yuan ($29 billion) in the first three quarters of this year, representing a 7.1 percent year-on-year…

CSCEC’s ‘Up We Build’ program nurtures construction talent in Thailand

Attendees pose for a group photo during an “Up We Build” event in Thailand. [Photo provided to chinadaily.com.cn] For over four decades, China State Construction Engineering Corp (CSCEC) has woven itself into the fabric of Thailand’s development, not only through the construction of iconic structures like the Rama VIII Bridge and the China-Thailand High-Speed Railway…