China renews currency swap agreement with New Zealand
BEIJING — The People’s Bank of China (PBOC), China’s central bank, has renewed a bilateral currency swap agreement with the Reserve Bank of New Zealand. The value of the renewed…
Beijing pledges support for exporters
This aerial drone photo taken on July 10, 2025 shows a view of Longtan Container Terminal of Nanjing Port in Nanjing, East China’s Jiangsu province. The Ministry of Commerce said…
Platforms aid fairer digital economy
On April 22, 2025, in Nanjing, Jiangsu province, delivery drivers placed food in front of smart food lockers. XINHUA Leading Chinese e-commerce and food delivery players are taking a step…
China issues over 3.31t yuan in new local government bonds in Jan-July
A cashier counts RMB notes in a bank in Haian, Jiangsu province. BEIJING — Local governments in China issued new bonds worth over 3.31 trillion yuan ($465.78 billion) in the…
Project to lift chemical materials supply
China’s largest petrochemical base, the newly completed Daxie Petrochemical refining and chemical integration project in Ningbo, Zhejiang province, is expected to significantly boost domestic supply of key chemical materials, company…
China extends anti-dumping duties on some phenol imports
BEIJING — China’s Ministry of Commerce will extend anti-dumping duties on phenol imports from the United States, the European Union, the Republic of Korea, Japan and Thailand for five years,…
Shenzhen developing into high-tech hub
Employees work at Orbbec’s lab in Shenzhen, Guangdong province. As morning light sweeps across Shenzhen’s skyline, the skyscrapers that have replaced the old fishing boats gleam in the sun. At…
Initiative on AI hailed as growth catalyst
China’s emphasis on bolstering the extensive and in-depth integration of artificial intelligence in various fields will help the nation build up new growth drivers and inject strong impetus into high-quality…
China’s e-commerce sector posts steady growth in first 7 months
Staff members sort packages at a logistics center at the Zaozhuang branch of China Post in Zaozhuang city, East China’s Shandong province. BEIJING — China’s e-commerce sector saw steady growth…
China unveils financial measures to bolster forestry development
BEIJING — China’s central bank said on Monday it has issued a notice jointly with two other government departments, outlining 15 targeted measures to leverage financial strength to drive high-quality…