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China to step up policy support for trade in services

A robot poses during the 2024 China International Fair for Trade in Services in Beijing on Sept 12. [Photo/Xinhua] BEIJING — China will intensify policy support for trade in services, which is expected to maintain growth throughout the year, Vice-Commerce Minister Sheng Qiuping said on Wednesday. The ministry will continue to expand the opening-up of…

How to call a driverless taxi in Shanghai?

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Beijing to build at least 20 5G factories by 2027

A staff member works at Xiaomi’s automobile factory in Beijing, capital of China, June 16, 2025. [Photo/Xinhua] BEIJING — Beijing has unveiled a plan to accelerate the integration of 5G and industrial internet, targeting the construction of at least 20 5G factories by 2027. According to the Beijing 5G+ industrial internet innovation development implementation plan…

China’s trade with other SCO members hit $512.4b in 2024

This file photo taken on Oct 13, 2022 shows an international freight train about to depart from the Shanghai Cooperation Organization (Lianyungang) International Logistics Park in Lianyungang city, East China’s Jiangsu province. [Photo/Xinhua] BEIJING — China’s trade with other Shanghai Cooperation Organization (SCO) member states stood at around $512.4 billion in 2024, up 2.7 percent…

ANTA extends China market lead with double-digit H1 growth

Anta Sports, a leading sportswear firm. [Photo by Sun Chi/chinadaily.com.cn] FUZHOU — Chinese sportswear brand ANTA Sports reported double-digit revenue growth in the first half of 2025, according to the firm’s latest financial report released on Wednesday. ANTA’s interim results for early 2025 showed that the company is consolidating its market-leading position in China. Its…

China approves biopharma innovation plan for Jiangsu free trade zone

BEIJING — China’s State Council has approved a plan to accelerate the opening-up and innovation of the entire biopharmaceutical industrial chain in the Jiangsu pilot free trade zone (FTZ), according to the Ministry of Commerce on Wednesday. To support the integrated innovation of the full value chain in the sector, the guideline calls for prioritizing…

Export of trade in services a priority

China will introduce a series of policy measures to further promote the export of services, and continuously optimize the policy environment of taxation and financial facilitation, the Ministry of Commerce said on Wednesday. As the country continues to promote the development of trade in services, the China International Fair for Trade in Services (CIFTIS) will…