China's transition to high-quality economic development, its commitment to becoming a leading consumer market, and its renewed pledge to reform and opening-up are providing crucial momentum and stability to the world economy amid rising economic fragmentation, experts said.
China and the European Union have resolved the electric vehicle case in accordance with World Trade Organization rules and on the basis of mutual respect, a move of significant positive importance, the Ministry of Commerce said on Thursday.
China's foreign trade is positioned for steady expansion this year despite mounting pressures, building on the strengths exhibited last year — a sustained shift up the value chain in exports, a broadening network of global partners and a supersized domestic market opening wider to imports, said officials and experts.
A renewed clash between the White House and the Federal Reserve has raised fresh questions about the stability of U.S. economic policymaking, as political pressure on the central bank intensifies and uncertainty grows over who will succeed Federal Reserve Chair Jerome Powell.
China announced on Friday that it will change export tax rebates for a range of products, including photovoltaic and battery products.Meanwhile, the export tax rebate rate for the value added tax of battery products will be reduced from 9 percent to 6 percent starting from April 1, 2026, and will be eliminated starting from Jan 1, 2027, according to the announcement.
China's Ministry of Commerce (MoC) is officially looking into Meta's deal to buy the AI platform Manus, a so-called "general-purpose AI agent" capable of autonomously handling complex digital tasks just like a human.
A new freight route linking northwestern China with Europe began operations with a train carrying hundreds of tons of agricultural seeds departing from Gansu province, underscoring the region's growing role in global farm supply chains.
China announced on Tuesday an immediate ban on exporting dual-use items to Japan, in response to Japanese Prime Minister Sanae Takaichi's erroneous remarks hinting at the possibility of military intervention in the Taiwan Strait.
The growth in China's manufacturing sector in 2024 propelled it to the elite club of the world's leading manufacturing powers, surpassing Japan for the first time, according to a report released on Tuesday.
The phrase "Love Yourself First" has recently gone viral online in China. Hailed as one of the "warmest buzzwords of the year," it captures a lifestyle attitude embraced by today's young people: valuing self-care and personal enjoyment.
While fiscal and monetary policies are essential to expand demand, Su said expanding high-quality demand depends on developing new quality productive forces through product innovation and process innovation.
China will continue to pursue a more proactive fiscal policy next year with enhanced precision and effectiveness, to promote an effective improvement in the quality of the economy and a reasonable expansion in its scale while maintaining social harmony and stability, Finance Minister Lan Fo'an said on Saturday.
The measure will come into force with an initial tariff rate of zero percent and increase within 18 months to a level to be announced no fewer than 30 days before June 23, 2027. China has noted the relevant situation and lodged stern representations with the U.S. side through the China-U.S.
Hainan Free Trade Port has taken a major step in China's opening-up as islandwide special customs operations come into effect, fully implementing a policy framework featuring zero tariffs, low tax rates, a simplified tax system, and freer trade and investment.
Airbus on Wednesday delivered its 800th A320 Family aircraft assembled in China, underscoring the European planemaker's long-term manufacturing presence in the country.
The Hainan Free Trade Port will begin islandwide special customs operations on Thursday, the Hainan provincial government said, a milestone in efforts to position the island province as China's gateway to the world.
China's top judicial authorities are placing a strong emphasis on financial security, pledging to continue their rigorous crackdown on corruption in the sector.
While Shanghai has already overtaken all other cities with a whopping 10,000 cafes, flavor is no longer the main factor competing for coffee lovers' attention.
Tourists claim an instant tax refund in Shanghai.Sales of tax-refundable goods and the total value of tax refunds both increased 98.8 percent year-on-year over the same period.
China is likely to extend the consumer goods trade-in program into 2026, as analysts said there is still substantial, unmet demand among Chinese households to upgrade home appliances and digital devices, as well as ample fiscal headroom to underpin the consumption campaign.
In a recent analysis of China's upcoming 15th Five-Year Plan (2026-30), Denis Simon, a non-resident fellow at the Quincy Institute and senior lecturer at Duke University, outlined four key pillars that will define the country's strategic direction for the coming five years.
For Muhammad Rameez Feroz, a financial professional who has spent more than a decade connecting institutions across Pakistan and China, illicit finance within global trade remains one of the most pressing obstacles to sustainable economic growth.
China will advance electrification to reduce automotive carbon emissions and improve energy efficiency, with new energy vehicles set to become the market mainstay.
China's flagship import fair has drawn record participation this year, underscoring its effort to project openness and maintain investor confidence amid a shifting global trade environment.
In Yuepuhu County, Xinjiang, the tiny seed of cumin is moving beyond the Tianshan Mountains, marching into global markets from local fields. Powered by digital production lines and international trading platforms, this aroma from China’s northwest is becoming a taste shared by the world.
The economic partnership between Singapore and China is poised for robust growth, setting new benchmarks for regional cooperation as both nations commemorate significant anniversaries, industry experts said.
State Grid Shanghai Municipal Electric Power Company held a mobilization rally on October 30, signaling the start of full operational readiness for securing electricity supply during the 8th China International Import Expo (CIIE). Over 200 personnel from 20 support units pledged to ensure secure and reliable electricity throughout the international event.
NVIDIA CEO Jensen Huang said in a recent interview that the company's share of China's high-end chip market has fallen from 95 percent to zero, underscoring the growing cost U.S. companies face under Washington's sanctions policy.
BEIJING - China will continue improving financial services in the fields of financing, investment and industrial development, as well as in the domestic and international markets, according to Li Yunze, head of the National Financial Regulatory Administration (NFRA), on Monday.
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