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.

A staff member of the Bank of Communications Beijing Branch instructs a visitor to open a digital RMB wallet on a mobile phone.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 Bank of China (PBOC).

Amazon is planning to reduce its corporate workforce by about 14,000 positions as part of a broader effort to streamline operations, eliminate bureaucracy and accelerate investment in artificial intelligence (AI).

China records 50.6 billion cross-regional passenger trips in the first three quarters of 2025, marking a 3.1 percent year-on-year increase.

In his speech, Xi said the recommendations were drafted to make systematic plans and strategic arrangements for China's economic and social development in the next five years.
In contrast, the latest market uptrend was mainly led by high-tech industries, reflecting a shift in market structure and the progress of China's economic transformation.

In his speech, Xi said the recommendations were drafted to make systematic plans and strategic arrangements for China's economic and social development in the next five years.

According to the session's communique, participants deliberated over and adopted the Recommendations of the Central Committee of the Communist Party of China for Formulating the 15th Five-Year Plan for National Economic and Social Development.
The National Convention and Exhibition Center in Shanghai undergoes preparations for the upcoming eighth China International Import Expo.Wu Zhengping, deputy head of the CIIE Bureau, said these efforts aim to stimulate the consumption of goods and services while nurturing new models of consumer spending.

An aerial drone photo taken on March 26, 2025 shows reefs in China's Huangyan Island area in the South China Sea.If you have a specific expertise, or would like to share your thought about our stories, then send us your writings at opinion@chinadaily.com.cn, and comment@chinadaily.com.cn.
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.

China's securities regulator announced on Monday that it has released a new work plan to optimize the Qualified Foreign Institutional Investor (QFII) scheme, one of the country's earliest programs for opening up its capital market.

China's emphasis on the establishment of a modernized industrial system — a top priority for the country's development over the next five years — will provide strong momentum for high-quality economic growth and create a new competitive edge, while bolstering the resilience of industrial and supply chains to navigate external uncertainties, experts and company executives said.

France and Spain have emerged as two of the loudest voices in upholding a ban by 2035 in the European Union on diesel and petrol cars, an issue that threatens to inflame differences between member states.

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.
Premier Li Qiang has warned of the risks arising from mounting unilateralism and protectionism, and called for joint efforts to foster an environment conducive to regional development and safeguard peace and stability in East Asia.
Fishermen conduct work at sea in a marine ranch in Lianjiang County, Fuzhou City, southeast China's Fujian Province, October 18, 2025.A report from China's Supreme People's Court shows that the country has developed the world's most comprehensive maritime judicial system, with the largest number of cases and the widest range of case types.
The 2025 Financial Street Forum will be held on Beijing's Financial Street in the city's Xicheng District from October 27 to 30 under the theme of "Global Financial Development in an Era of Innovation, Transformation and Restructuring." More than 400 distinguished guests from over 30 countries and regions are expected to attend the event.

In 2017, amendments to the Civil Procedure Law and Administrative Procedure Law included provisions for procuratorial public interest litigation, thereby integrating the role of procuratorial agencies in public interest protection into the legal framework.

In a global landscape fraught with uncertainties, China's development commitment offers the international community stability and positive momentum, experts said.Through the Belt and Road Initiative and other global frameworks, China offers valuable development pathways for countries in the Global South, as well as for developed nations, Logan said.

The Shenzhou-21 crewed spaceship will be launched at an appropriate time in the near future, the China Manned Space Agency (CMSA) announced on Friday.
As a key gateway for fostering connectivity, Hong Kong is set to accelerate the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area and the nation's high-quality growth.
Nearly 450 billion yuan ($63 billion) has been invested in mineral exploration and 150 new mineral deposits have been discovered nationwide during the 14th Five-Year Plan (2021-25) period, the Ministry of Natural Resources announced on Thursday.
He also urged organizations from both the public and private sectors, as well as patriotic groups, to fulfill their social responsibilities by encouraging their employees to participate in the process.The Hong Kong SAR government will ensure the election is conducted in a fair, just, honest, safe and orderly manner, Lee added.

China's recent export control measures on items related to superhard materials, rare earth equipment and materials, and batteries – effective on November 8, have triggered a strong reaction from the U.S. government. U.S. President Donald Trump said on Oct. 10 that the U.S. would impose an additional 100% tariff on Chinese goods starting on Nov. 1, causing U.S. stocks to plummet shortly after.
As Africa's mobile revolution enters a new phase, policymakers and industry leaders gathering in Kigali, Rwanda, said artificial intelligence and fintech hold the key to unlocking inclusive growth — if the continent can close its digital and energy gaps.

The next decade will be a critical period for China's insurance and reinsurance industry to address existing gaps, making the acceleration of reinsurance development a fundamental logic and strategic choice for financial reform and development, officials and senior executives in the insurance industry said.

China's top industry regulator has issued a warning against "irrational competition" being witnessed in certain sectors, labeling it as a threat to businesses and industries, while outlining a comprehensive strategy for modernizing industrial governance and pursuing high-quality development through innovation.

China's top industry regulator has issued a warning against "irrational competition" being witnessed in certain sectors, labeling it as a threat to businesses and industries, while outlining a comprehensive strategy for modernizing industrial governance and pursuing high-quality development through innovation.

China is set to make the development of new quality productive forces one of the top priorities of its next five-year plan, as policymakers seek to upgrade the nation's industrial structure, spur innovation-driven growth, and reinforce confidence in the long-term outlook of the world's second-largest economy, said officials, experts and global executives.
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