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UnionPay departure tax refund transactions surge 1,150% during holiday

The China UnionPay logo is displayed at its booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, on Sept 10, 2025. [Photo/Xinhua] The transaction volume for China UnionPay’s departure tax refund service jumped 1,150 percent year-on-year during China’s National Day holiday this year, the country’s largest payment network said. The surge…

3.2% of EU children have unmet needs for medical care

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Government support enables completion of millions of China’s purchased houses

Potential homebuyers look at a property model in Hohhot, Inner Mongolia autonomous region, on Oct 1, 2025. [Photo/VCG] China has now ensured that construction is complete on 7.5 million previously sold but unfinished homes across the country, safeguarding the legitimate rights and interests of a vast number of homebuyers, the Ministry of Housing and Urban-Rural…

China sees surge in travel, consumption during holidays

China’s National Day and Mid-Autumn Festival holiday has set new records. With 2.43 billion cross-regional trips, the travel boom fueled a powerful consumption surge. From bustling pedestrian streets to booming online sales of organic food and 1.84 billion yuan ($257 million) proceeds at the box office, the energy was incredible. Ma Mengmeng and Song Yi…

Wahaha confirms Zong Fuli’s resignation as chairwoman

Wahaha bottled water on display at an exhibition in Shanghai, Oct 28, 2024. [Photo/IC] China’s leading beverage producer, Wahaha Group, confirmed on Oct 10 that Zong Fuli resigned on Sept 12 from her positions as the company’s legal representative, director, and chairwoman. The group said the relevant resolutions were approved by both its shareholders and…

Chinese people’s housing conditions further improved during 2021-25 period: minister

An employee (left) talks about an under-construction real estate project to a visitor in Chongqing on Sept 16. SUN KAIFANG/FOR CHINA DAILY BEIJING — China’s housing conditions have been significantly improved during the 14th Five-Year Plan period (2021-25), with cumulative sales of new commercial residential buildings reaching approximately 5 billion square meters of floor space,…

CreateAI banks on gaming and animation

[Photo/VCG] Chinese applied artificial intelligence technology company CreateAI is doubling down on the gaming and animation industry as the rapid evolution of AI is reshaping the digital content landscape through reduced production times and enhanced efficiency, while also expanding creative possibilities. “In the creative digital content industries, particularly video games and anime, we see AI…

Changzhou a hub for Sino-Swiss partnership

A robotic arm works on the production line at Ypsomed Medical Devices Manufacturing (Changzhou) Company in the Sino-Swiss (Changzhou) International Industrial Innovation Park in Changzhou, Jiangsu province, on Sept 18, 2025. [Photo/Xinhua] Ypsomed, a leading Swiss developer and manufacturer of self-injection systems for liquid medications, has significantly boosted its initial investment plan in Changzhou, Jiangsu…

Rental consumption set to go mainstream

Ski enthusiasts rent equipment at a ski resort in Wenchuan county, Sichuan province, on Dec 27. WANG XI/XINHUA A camping equipment store in Southwest China’s Chongqing is filled with customers in late August. Between racks of tents and camping chairs, store owner Zhou Xiangyu is managing the steady flow of business with ease. “The summer season…

Linyi showcases logistics, trade center

Exhibitors seen at the 3rd Linyi Trade City International Sourcing Conference for Belt and Road Cooperation in Linyi, Shandong province. CHINA DAILY The 3rd Linyi Trade City International Sourcing Conference for Belt and Road Cooperation opened on Friday in Linyi, Shandong province, attracting over 2,000 buyers from nearly 100 countries and regions. The event, running…