China has proposed the first overhaul in 12 years of rules on mutual fund sales commissions, aiming to sharply reduce investor costs and encourage long-term holdings — part of a broader push to strengthen its capital markets. The China Securities Regulatory Commission said on Friday it had updated and renamed the administrative measures governing sales…
MUNICH – German automaker BMW unveiled the iX3, the first model of its Neue Klasse line-up, in Munich on Thursday. The company said the vehicle was developed with Chinese technology partners in areas including batteries, artificial intelligence and autonomous driving. The iX3, scheduled for production in 2026, marks the start of BMW’s plan to launch…
The Development Bank of Kazakhstan JSC has issued a three-year offshore renminbi bond worth 2 billion yuan ($280 million) in Hong Kong this week, marking the first renminbi bond globally issued by a Kazakhstan-based entity and the first from Central Asia to list on the Hong Kong exchange. The deal, facilitated by China International Capital…
China’s Ministry of Commerce announced on Friday that it has made a preliminary ruling in its anti-dumping investigation into pork and pork by-products imported from the European Union, finding that such imports were sold below fair market value and caused material injury to the domestic industry. The ministry said in a statement that initial evidence…
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BEIJING – China has decided to implement temporary anti-dumping measures on certain pork and pig by-products originating from the European Union, starting Sept 10, according to a preliminary ruling announced by the Ministry of Commerce on Friday. Such imports involved dumping and caused substantial damage to the related domestic industry, the ministry said in the…
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China has released a two-year action plan to stabilize growth in its vast electronic information manufacturing sector, setting targets for annual output and revenue increases through 2026, as the nation seeks to bolster consumption and secure its role in the global technology race. The action plan, unveiled by the Ministry of Industry and Information Technology…
A rendering of the wMR-510 series mobile head MRI system by Shanghai Soundwise Technology Co Ltd. [Photo provided to chinadaily.com.cn] Shanghai Soundwise Technology Co Ltd, an AI-driven medical imaging innovator, announced on Thursday that the wMR-510 series mobile head magnetic resonance imaging (MRI) system, independently developed by its subsidiary Hangzhou Weiying Medical Technology, has obtained…
A border police officer answers questions from inbound passengers at Chongqing Jiangbei International Airport in Southwest China’s Chongqing, July 8, 2025. [Photo/Xinhua] BEIJING — China’s services trade posted solid growth in the first seven months of 2025, with a steep increase in the trade of travel-related services, official data showed on Friday. The country’s services…