Household saving rate decreases to 15.1% in the euro area
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China plans measures to further unlock demand
Shoppers browse digital products offering trade-in subsidies at a store in Hefei, Anhui province. CHEN SANHU/FOR CHINA DAILY China will step up efforts to boost domestic demand through targeted consumption…
PV export VAT rebates to be axed in April
An employee works on a PV panel production line in Maanshan, Anhui province, on Nov 21. WANG YUSHI/FOR CHINA DAILY China will scrap value-added tax rebates on photovoltaic products from…
L3 autonomous driving takes to city streets
An SUV from China’s electric vehicle brand Voyah with L3 autonomous driving architecture undergoes road testing in Wuhan, Hubei province, on April 6. CHINA DAILY On the bustling roads of…
China’s commerce ministry to boost consumption, opening-up in 2026
An aerial drone photo taken on Nov 2, 2025 shows a view of the Sanya Yazhou Bay Science and Technology City in South China’s Hainan province. BEIJING – China’s Ministry…
China to adjust or cancel export tax rebates for photovoltaic and battery products
BEIJING — China announced on Friday that it will change export tax rebates for a range of products, including photovoltaic and battery products. The announcement, jointly issued by the Ministry…
Experts: Strong gold-buying momentum expected to continue
An employee sorts gold ornaments at a jewelry shop in Lianyungang, Jiangsu province. WANG CHUN/FOR CHINA DAILY Increasing gold holdings remains a long-term strategic direction for China’s central bank as…
China to expand services sector opening-up pilot program to nine more cities
BEIJING — China will advance the opening-up of its services sector in nine additional pilot cities, according to a statement released by the Ministry of Commerce on Friday. The nine…
Chinese luxury brand Sandriver opens global flagship at Shanghai’s Zhang Yuan
Premier Chinese cashmere brand Sandriver inaugurated its largest global flagship store at Shanghai’s iconic Zhang Yuan, or Zhang Garden on Saturday. Premier Chinese cashmere brand Sandriver inaugurated its largest global…
China’s homegrown gear makers rev up for bigger shares of winter sports market
Skiers dressed up in Peking Opera costumes perform a themed skiing show at the Lake Songhua Resort of Jilin city, Northeast China’s Jilin province on Nov 21, 2025. HARBIN —…