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Green, healthy lifestyle revolution boosts China’s consumer market

Tourists visit an alley in Yuzhong district, Southwest China’s Chongqing municipality, June 8, 2025. [Photo/Xinhua] BEIJING – With policy support and improving environmental awareness and growing health consciousness of the public, a green and healthy lifestyle revolution is gaining momentum in China, driving the growth of eco-friendly and healthy industries and unlocking new economic potential.…

China grants $3.08b QDII quota in financial opening move

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…

Handset vendors expanding international sales

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,…

China-Laos Railway sees 8.8% cargo growth H1 2025

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…

Expert: China could consider consumption vouchers in the services sector

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.…

China rolls out 10% tax credit for foreign investors reinvesting dividends

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…

Nio expects to turn profitable in Q4

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-friendly toys fuel growth of China’s silver economy

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…