Shanghai records big jump in departure tax refund
Over the past month, as China implemented optimized departure tax refund policies, Shanghai experienced an 86 percent increase in total sales from this channel, with the refunded amount jumping 77…
Efforts intensify to boost fair practices among automakers
In a bid to foster a healthier competitive landscape, Chinese regulators have called for intensified efforts from players in the automotive sector to combat destructive pricing practices and aim for…
Top 10 Chinese industries producing billionaires
The TMT, or technology, media and telecom sector has created the most billionaires in China, with 80 from the sector according to business magazine New Fortune’s 500 rich list in…
FAW-Audi launches pre-sales of Q6L e-tron at auto show in Shenzhen
Michael Arndt, president of FAW-Audi Sales Co (left), and Helmut Stettner, CEO of Audi FAW NEV Co, give an interview in Shenzhen, Guangdong province, on May 31, 2025. FAW-Audi started…
State Grid’s charging networks ensure Dragon Boat journeys go without a hitch
To ensure worry-free trips for new energy vehicle owners during the recent Dragon Boat Festival holiday, staff members from State Grid Shaoxing Power Supply Company conducted inspections on charging piles…
Top 10 Chinese cities with the most job opportunities
Guangzhou in South China’s Guangdong province provides the most job opportunities in enterprises in the first quarter of this year, a report said. With development of the Guangdong-Hong Kong-Macao Greater…
World’s top 10 gold-producing countries
Global gold mine production reached a total of 3,247 tons in 2017, five tons below the previous year, according to the GFMS Gold Survey 2018. It is also the first…
Shanghai tightens financial sector supervision
Night view of Lujiazui Financial and Trade Zone of Pudong in Shanghai, July 8, 2017. Shanghai is considering to increase regulatory function to its existing municipal financial service office and…
Policy measures for realty taking effect
A real estate project construction site in Huaian, Jiangsu province. ZHAO QIRUI/FOR CHINA DAILY China’s top 100 developers recorded combined sales of 1.44 trillion yuan ($199 billion) from January to…
China-US cargo routes bustle again
A COSCO Shipping vessel sets sail for the United States with 2,600 standard containers from the Shanghai Yangshan Deep Water Port on May 22. This vessel has been deployed to…