The latest tax refund policy boosted sales in Shanghai during the five-day May Day holiday, with the city’s departure tax refund sales increasing 1.5 times year-on-year and the amount of tax refunds expanding 1.7 times year-on-year, according to the Shanghai Municipal Tax Service of the State Taxation Administration. The nation has revised its policy and…
An aerial drone photo taken on April 30, 2025 shows a cargo ship berthing at a container dock of Qingdao Port in Qingdao, East China’s Shandong province. [Photo/Xinhua] The expected implementation of the Version 3.0 China-ASEAN Free Trade Area agreement later this year will send a strong signal to the world in support of free…
The 2025 China Langfang International Economic and Trade Fair, hosted by the People’s Government of Hebei province, will take place from June 16 to 20 in Langfang city, with a focus on advancing the high-quality development of modern trade and logistics, according to local authorities. As a flagship event in China’s modern commerce and logistics…
Taobao, China’s e-commerce platform. [Photo/VCG] Alibaba Group’s e-commerce platform Taobao announced on Thursday that its free global delivery service will expand to 12 countries and regions across the globe, as the company is stepping up its globalization layout. According to Taobao, Singapore, Malaysia, South Korea, Australia, Japan, Thailand, Cambodia, Kazakhstan and Mongolia will be included…
Cooperation between China and Latin American and Caribbean (LAC) countries has been fruitful and mutually beneficial, with bilateral trade expanding steadily. High-quality agricultural products such as soybeans from Brazil and cherries from Chile have become staples in Chinese supermarkets, satisfying the country’s robust consumer demand while also creating new revenue streams for LAC economies. Thanks…
SIAL Shanghai takes place from May 19 to 21 at the city’s Shanghai New International Expo Centre. As a premier food and beverage exhibition catering to both the Asian market and the global market, SIAL Shanghai has drawn over 5,000 exhibitors from over 75 countries and regions, showcasing over 350,000 novel products. Nicolas Trentesaux, CEO…
Visitors inspect the Nio ET9 at 2025 Auto Shanghai in April. Nio CEO William Li has warned that one cannot succeed in building a premium car brand by copying from others, even as Chinese EV makers are seizing a growing share of the market once exclusive to established German giants. “What’s critical is originality —…
As Washington seeks to globally restrict the use of Chinese advanced computing chips, Beijing is drawing a clear legal line by saying that any entity that enforces or enables the United States’ restrictions could be in violation of China’s Anti-Foreign Sanctions Law. While the US curbs might put short-term pressure on Chinese enterprises, analysts and…
Baristas work at a Starbucks Reserve Roastery in Jing’an district, Shanghai, on May 15. WANG GANG/FOR CHINA DAILY In China, low-sugar tea beverages are rapidly gaining ground as health-conscious consumers drive a structural shift in the soft drinks market. In 2024, sales of low-sugar tea drinks grew by 41 percent year-on-year. By 2029, these beverages…
Containers from a train that originated in Poland are loaded onto a train bound for Chongqing, Southwest China, at an indoor transfer station at the Alataw Pass, Xinjiang Uygur autonomous region. ZHANG XINGLONG/CHINA NEWS SERVICE Central and Eastern European countries (CEEC) are set to attract more Chinese businesses seeking trade and investment opportunities across the…