BEIJING – The State Administration of Foreign Exchange has recently granted a total of $3.08 billion in investment quotas to eligible Qualified Domestic Institutional Investors (QDII) to meet the demand for overseas asset allocation, it said Monday. The move aims to further support QDII institutions in conducting cross-border investment activities in compliance with laws and…
Nestled between the Yangtze and Jialing rivers, Chongqing is renowned as the “city of bridges”. [Photo provided to China Daily] Editor’s note: Many Chinese cities have… Read More »A city of wonder to wander
A bird’s-eye view of Cuiping Mountain in Yibin, Sichuan province.[Photo provided to China Daily] Visitors to Yibin in Sichuan province may, sometimes, be caught by… Read More »The height of bravery
Visitors check out Honor’s booth at Mobile World Congress 2025 in Barcelona, Spain, on March 3. ZHAO DINGZHE/XINHUA Chinese smartphone vendors are ratcheting up resources to expand their presence overseas, despite external challenges, as they bet on the international market as key to building up their global brand cachet. Honor Device Co Ltd, for example,…
An international cargo train of China-Laos Railway is pictured at Wangjiaying West Station in Kunming, Southwest China’s Yunnan province, on Jan 2, 2025. [Photo/Xinhua] VIENTIANE – The China-Laos Railway transported 3 million tons of cargo in the first half of 2025, marking an 8.8 percent increase compared to the same period last year, the local…
Jiang Zhao, associate researcher at the Chinese Academy of International Trade and Economic Cooperation, said during an exclusive interview with China Perspectives that the consumer goods trade-in policy has significantly boosted the growth of goods consumption. In the future, promoting service consumption through the distribution of consumption subsidies could serve as a key policy lever.…
BEIJING – China’s finance, taxation, and commerce authorities on Monday unveiled a tax incentive granting foreign investors a 10 percent corporate income tax credit on direct domestic investments funded by dividends from Chinese resident companies. The measure, which takes effect from Jan 1, 2025 through Dec 31, 2028, allows unused credits to be carried forward…
Employees work at a Nio auto assembly line in Hefei, Anhui province. CHU WEIWEI/CHINA NEWS SERVICE Chinese electric vehicle maker Nio said it is confident to “turn profitable” in the fourth quarter of this year, as the company sees delivery volumes stabilizing, margins improving and a global expansion strategy taking shape under a new partnership-led…
Senior citizens play wooden brain-training toys at an elderly care service center in Yunhe county of Lishui city, East China’s Zhejiang province, Nov 10, 2023. [Photo/Xinhua] HANGZHOU – Inside a senior care home, lively elders gathered around a tabletop hockey game, sharpening their minds and savoring the moment. These brain-teasing games, once seen as children’s…
The Guangzhou flagship store is the ninth Gundam Base established by Japan’s anime giant Bandai Namco on the Chinese mainland. [Photo provided to chinadaily.com.cn] The largest Gundam Base flagship store on the Chinese mainland officially opened in Guangzhou, the capital of Guangdong province, on Friday, introducing diversified products and services to deepen the connection with…