A staff member of the Bank of Communications Beijing Branch instructs a visitor to open a digital RMB wallet on a mobile phone. [Photo/Xinhua] BEIJING — China’s digital RMB ecosystem has been established in preliminary terms, with cumulative transactions reaching 14.2 trillion yuan ($2 trillion) by the end of September 2025, according to the People’s…
The latest Hurun China Rich List unveiled in Shanghai on Tuesday has mirrored the nation’s improved competitiveness in innovation and the advancement of its high-quality economic growth, said Rupert Hoogewerf, Hurun Report chairman and chief researcher. This year’s list, the 27th edition, has seen the largest number from China’s new quality productive forces coming to…
China will increase the share of green trade in its overall foreign commerce as part of efforts to accelerate its shift toward a sustainable growth model and upgrade industrial chains, government officials said on Friday. The Ministry of Commerce issued a guideline for expanding green trade on Thursday. The policy document states China will explore…
Hong Yu, a third-year BHI student and executive of the 2025 summit, gives a speech at the 13th Future Hoteliers Summit in Beijing on Oct… Read More »Future hoteliers explore AI’s role in hospitality at Beijing summit
The National Convention and Exhibition Center in Shanghai undergoes preparations for the upcoming eighth China International Import Expo. CHINA DAILY The upcoming eighth China International Import Expo will inject greater certainty and confidence into the global economy through concrete actions, showcasing China’s unwavering commitment to high-level opening-up and win-win cooperation with overseas partners, said senior…
This photo taken on Nov 8, 2024 shows the booth of Bayer at the Medical Equipment & Healthcare Products Exhibition Area during the 7th China International Import Expo (CIIE) in East China’s Shanghai. [Photo/Xinhua] The eighth China International Import Expo offers a great opportunity for multinational corporations to build a global pivot, and turn exhibits…
China has allocated 500 billion yuan ($70.3 billion) within the local government debt ceiling to strengthen the overall fiscal capacity of local governments and expand effective investment, the National Development and Reform Commission, the country’s top economic regulator said on Friday. Of the total, 200 billion yuan in newly added special bond quotas will be…
Tourists from Italy visit the Bund area in Shanghai, East China, July 21, 2025. [Photo/Xinhua] BEIJING – The number of overseas tourists claiming China’s departure tax refund surged 229.8 percent year-on-year in the first nine months of 2025, while the total tax refund rose by 97.4 percent, according to data released by the State Taxation…
China’s business links with other Asia-Pacific Economic Cooperation member economies will continue to deepen and remain highly complementary, enabling the region to sustain growth amid an increasingly fragmented global economy, government officials and corporate executives said. Lyu Daliang, director of the General Administration of Customs’ department of statistics and analysis, said as the Asia-Pacific region…
China’s railway authorities have introduced a series of new measures to improve the passenger experience, focusing on greater speed, comfort, and convenience, according to the national railway operator China State Railway Group on Tuesday. Since the beginning of this year, the railway sector has worked to optimize passenger service and meet travelers’ growing expectations for…