Skip to content

News

New guideline to expand green trade

China will increase the share of green trade in its overall foreign commerce as part of efforts to accelerate its shift toward a sustainable growth model and upgrade industrial chains, government officials said on Friday. The Ministry of Commerce issued a guideline for expanding green trade on Thursday. The policy document states China will explore…

8th CIIE showcases opening-up

The National Convention and Exhibition Center in Shanghai undergoes preparations for the upcoming eighth China International Import Expo. CHINA DAILY The upcoming eighth China International Import Expo will inject greater certainty and confidence into the global economy through concrete actions, showcasing China’s unwavering commitment to high-level opening-up and win-win cooperation with overseas partners, said senior…

Trading event best chance for MNCs’ global pivot

This photo taken on Nov 8, 2024 shows the booth of Bayer at the Medical Equipment & Healthcare Products Exhibition Area during the 7th China International Import Expo (CIIE) in East China’s Shanghai. [Photo/Xinhua] The eighth China International Import Expo offers a great opportunity for multinational corporations to build a global pivot, and turn exhibits…

China earmarks 500b yuan to boost local fiscal strength, investment

China has allocated 500 billion yuan ($70.3 billion) within the local government debt ceiling to strengthen the overall fiscal capacity of local governments and expand effective investment, the National Development and Reform Commission, the country’s top economic regulator said on Friday. Of the total, 200 billion yuan in newly added special bond quotas will be…

China’s departure tax refund up 97.4% in Jan-Sept

Tourists from Italy visit the Bund area in Shanghai, East China, July 21, 2025. [Photo/Xinhua] BEIJING – The number of overseas tourists claiming China’s departure tax refund surged 229.8 percent year-on-year in the first nine months of 2025, while the total tax refund rose by 97.4 percent, according to data released by the State Taxation…

Business links with APEC economies to deepen further

China’s business links with other Asia-Pacific Economic Cooperation member economies will continue to deepen and remain highly complementary, enabling the region to sustain growth amid an increasingly fragmented global economy, government officials and corporate executives said. Lyu Daliang, director of the General Administration of Customs’ department of statistics and analysis, said as the Asia-Pacific region…

China’s rail authorities roll out new steps to enhance the service

China’s railway authorities have introduced a series of new measures to improve the passenger experience, focusing on greater speed, comfort, and convenience, according to the national railway operator China State Railway Group on Tuesday. Since the beginning of this year, the railway sector has worked to optimize passenger service and meet travelers’ growing expectations for…

China injects 500b yuan to fund over 2,300 strategic projects

Visitors learn about a manned aircraft during the China International Digital Economy Expo 2025 in Shijiazhuang, North China’s Hebei province, Oct 17, 2025. [Photo/Xinhua] China has fully allocated a new policy-based financial instrument worth 500 billion yuan ($70.3 billion), the National Development and Reform Commission (NDRC) said on Friday. The NDRC, together with the Ministry…

LEGO keen to build on learning through play success

The Danish toy maker the LEGO Group says it has been widening access to play, especially for children from economically and socially disadvantaged regions. [Photo provided to China Daily] The Danish toy maker the LEGO Group said it aspires to become a global leader in learning through play and is committed to realizing this vision…