Arrears clearance for SMEs facilitated
A clerk counts cash at a bank in Nantong, Jiangsu province. China has taken a concrete step toward addressing crippling issues faced by the private sector, with a revised regulation…
China has significantly cut power outages, energy authority says
Technicians install solar panels at a saltern in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China has fundamentally improved the business environment and supply reliability of electricity, and significantly reduced…
China to approve rare earth export applications that meet the requirements
The Chinese government will review the applications for rare earth export and approve applications that meet the requirements to facilitate compliant trade, the Ministry of Commerce said on Thursday. Some…
Tourism uptrend in GBA attracting more hoteliers
Tourists enjoy night views at Canton Tower in Guangzhou, Guangdong province, on May 4. MIAO QIANG/FOR CHINA DAILY Taking a micro-vacation on weekends has become trendy among Chinese consumers in…
China hits milestone in weight-loss drug
A China-led research team recently published results of a phase III clinical trial on a novel obesity treatment in the prestigious New England Journal of Medicine (NEJM), marking a significant…
Survey: Factory activity shrinks
China’s factory activity contracted in May for the first time in eight months, a private survey showed, pointing to pressures from the United States’ volatile tariff policy and shoring up…
Gen Z turns to social media for car buying advice
Two young content creators prepare to livestream from a Wuling vehicle at the Shanghai auto show in April 2025. China’s post-1995 generation is emerging as a powerful force in the…
Top 10 most-downloaded apps in 2020
TikTok, the video-sharing app developed by Chinese internet company ByteDance, overtook Facebook to become the most downloaded app globally in 2020, according to an industry report by App Annie, a…
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…