China will roll out a series of targeted measures to encourage private enterprises to invest with confidence and achieve satisfactory returns, the State Council, the country’s Cabinet, said on Friday. Dedicated measures will be employed to address the pressing concerns facing private businesses, including expanded market access and better government service, according to the State…
Mexico’s planned tariff increases could backfire on its own economy, with analysts warning on Friday that the move may drive up costs for domestic industries and dampen foreign investor confidence. As media reports indicated that Mexico plans to raise import tariffs on about 1,400 items — such as vehicles, toys and steel products — from…
The 35th Chinese Business Innovation Forum, held in Shanghai in mid-August, conferred the “2025 Industry Influential Figure” Award on Zhang Liang, CEO of Deeper Journey, for his outstanding contributions in industry innovation. [Photo provided to chinadaily.com.cn] Chinese entrepreneurs are working towards faster development in global mobile internet application by continuously merging technological innovation with their…
China has sufficient headroom to maneuver fiscal policies in the future, in order to position the world’s second-largest economy well for forestalling risk and stimulating growth, Finance Minister Lan Fo’an said on Friday. “The fundamentals of China’s economy remain sound, which provide a solid foundation for the stable and sustainable operation of the country’s fiscal…
With just under 100 days to go until Dec 18, when Customs operations at the Hainan Free Trade Port will be completely independent island-wide, Hainan is witnessing a surge of interest from leading private enterprises. Prominent business leaders, including Yu Minhong, chairman of New Oriental, Liu Yonghao, chairman of New Hope Group, Li Shufu, chairman…
Euro area The first estimates of euro area balance showed a €12.4 bn surplus in trade in goods with the rest of the world in July 2025, compared with + €18.5 bn in July 2024. The euro area exports of goods to the rest of the world in July 2025 were €251.5 bn, an increase…
A drone photo taken on Aug 8, 2025 shows a demonstration project for integrated photovoltaic and energy storage in Dongying, East China’s Shandong province. [Photo/Xinhua] BEIJING – China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition…
BEIJING – China firmly opposes the latest US move to place multiple Chinese entities on its export control list, a spokesperson for the Chinese Ministry of Commerce said on Saturday. The spokesperson made the remarks in response to a media query regarding an announcement from the US Department of Commerce that it has added multiple…
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