Tax credit policy to encourage foreign investment
China has unveiled detailed guidance on a new tax credit policy aimed at encouraging foreign investors to reinvest their profits in the country, as it steps up efforts to stabilize…
Nation scores big in green shipping
China is making big strides in promoting green development of the global shipping industry, but closer international collaboration is needed to ensure the effectiveness of such a transformation, experts said.…
Envision wedding green power, AI
Visitors look at a virtual power plant management system at the 13th Energy Storage International Conference and Expo in Beijing in April. DU JIANPO/FOR CHINA DAILY Artificial intelligence applications across…
Autonomous driving paves way for smarter logistics in China
BEIJING — In the city of Ziyang, Sichuan province, a logistics company has hired three “employees” who never take lunch breaks and could work around the clock without any complaints.…
China remains No 1 worldwide in express delivery volume
China’s express delivery volume has ranked first in the world for 11 consecutive years. At present, over 500 million express parcels are collected daily on average, equivalent to nearly 6,000…
China unveils guideline to elevate financial support for new industrialization
Chinese authorities have jointly released a key guideline on strengthening financial support for new industrialization, elevating the country’s coordinated efforts to support manufacturing upgrade and advance new quality productive forces.…
China’s AI, smart manufacturing fuel foreign investment momentum
This photo taken on May 8, 2024 shows a roll-off ceremony of the 6 millionth car produced by BMW Brilliance Automotive (BBA) in Shenyang, Northeast China’s Liaoning province. NANJING —…
Machinery exports buoy foreign trade
An employee checks automobiles on an assembly line at a factory in Chongqing. LONG FAN/FOR CHINA DAILY China’s machinery sector registered steady growth across key economic indicators in the first…
Chinese businesses report steady increase in sales revenue in H1
BEIJING — China’s State Taxation Administration on Monday released value-added tax (VAT) invoice data for the first half of 2025, revealing steady growth in sales revenues among businesses nationwide. Specifically,…
Chinese beauty market vital driver for L’Oreal’s first-half performance
Consumers try out L’Oreal cosmetics during the seventh China International Import Expo in Shanghai in November. CHEN HAOMING/XINHUA L’Oreal Group reported a modest rise in first-half earnings, fueled by double-digit…