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China extends anti-subsidy probe into EU dairy products

BEIJING – China’s Ministry of Commerce said Monday that it will extend the ongoing anti-subsidy investigation into certain dairy products imported from the European Union (EU). Given the complexity of the case, and following relevant regulations, the ministry has decided to extend the probe until Feb 21, 2026, the ministry said in a statement on…

China unveils draft rules to regulate online platform pricing

China’s National Development and Reform Commission, along with two other ministries, unveiled draft rules on Saturday to strengthen the pricing practices of internet platforms, as the country seeks to promote fairer competition and greater transparency in the digital economy. According to a joint announcement from the NDRC, the State Administration for Market Regulation and the…

Innovation key to cultivation of growth drivers

China’s commitment to cultivating new quality productive forces through scientific and technological innovation, as reiterated by President Xi Jinping, will help the country gain a competitive edge in strategic emerging fields and tech frontiers, and contribute to global economic growth, said experts and company executives. Highlighting that fostering new growth drivers has been high on…

Rule of law-based pricing mechanisms crucial

CAI MENG/CHINA DAILY In the operation of a socialist market economy, pricing mechanisms play an important role in optimizing resource allocation and promoting a balance between supply and demand. China’s pricing law is an important law regulating price relations and price behaviors among economic activities in the country. To adapt to new situations and new…

Still bullish: Shenzhen SEZ at 45

This year marks the 45th anniversary of the founding of the Shenzhen Special Economic Zone. The pioneering and vibrant city embodies the “bull-like” grit of its builders. Over the years, it has become fertile ground for tech firms to sprout and thrive. With its ever-lasting trailblazing spirit, Shenzhen is now charging towards an even more…

Private sector promotion act to advance quality development

A drone photo taken on June 29, 2025 shows new energy vehicles for export parked at a vehicle export terminal at the Hangzhou section of Beijing-Hangzhou Grand Canal in Hangzhou, East China’s Zhejiang province. [Photo/Xinhua] The Private Sector Promotion Law aims to advance high-quality development of the private sector, but concerted efforts remain essential for…

China seen as key source mkt for VFS Global

People walk past tourist information in various languages including Chinese near the Colosseum in Rome, Italy, on March 26, 2023. [Photo/Xinhua] Chinese tourists have exhibited growing preference for personalized and high-quality travel experiences fueled by the rapid growth of the country’s middle-income group and robust demand for international travel, said VFS Global, the world’s leading…

Loans help stabilize key mkt sectors

A cashier counts RMB notes in a bank in Haian, Jiangsu province. [Photo/Sipa] Since the start of the year, China has continued to optimize its credit structure, channeling more financial resources into technology, green development, inclusive finance, eldercare and the digital economy. A report from the People’s Bank of China — the nation’s central bank…

Minhou county taps into overseas goldfish industry

Goldfish with a unique color pattern. [Photo by Xu Jiayi/chinadaily.com.cn] Minhou county in Fuzhou city, East China’s Fujian province, is renowned as the birthplace of China’s goldfish industry. Numerous highly ornamental goldfish varieties have been cultivated through its unique water quality, climate conditions and breeding techniques, attracting a large consumer base. Breeding a new type…

Shanghai eases homebuying rules

A residential property project under construction in Shanghai. [Photo provided to China Daily] Shanghai on Monday eased homebuying restrictions beyond its Outer Ring Road, a move experts said will bolster the housing market ahead of the traditional peak season. To better meet homebuyers’ essential and diversified housing needs while promoting stable, healthy development of the…