China to pursue more proactive fiscal policy, finance minister says
China will continue to pursue a more proactive fiscal policy next year with enhanced precision and effectiveness, to promote an effective improvement in the quality of the economy and a…
Revised law to spur high-level opening-up
The revised Foreign Trade Law will strengthen China’s legal framework for high-level opening-up, promote high-quality trade growth, and enhance protection for businesses amid rising protectionism worldwide, experts and officials said.…
Chinese legislators pass Foreign Trade Law revision
Chinese lawmakers adopted a revision to the Foreign Trade Law on Saturday, and the updated provisions will take effect on March 1. The decision was made at a session of…
China’s beef industry urges immediate safeguard measure
An employee hangs freshly cut beef at a processing plant in Huzhou, Zhejiang province. CHINA DAILY On December 27, 2024, China’s Ministry of Commerce announced a safeguard investigation into beef…
Manufacturing in China spurs global growth
Amid a backdrop of evolving global trade dynamics, China’s manufacturing sector remains a crucial pillar driving worldwide economic stability, technological progress and green transition, experts and corporate executives said. Highlighting…
Cross-border funds program expands
China has expanded its pilot program for multinational companies to operate integrated domestic and foreign currency capital pools into a nationwide policy, marking a significant stride in financial opening-up. The…
Meituan opens offline outlet
China’s leading instant retail platforms are stepping beyond their digital roots. On Dec 19, Ella Supermarket, or Xiaoxiang Supermarket, the instant retail brand under Meituan, officially opened its first offline…
Xinjiang ramps up cotton, textiles biz
Northwest China’s Xinjiang Uygur autonomous region is leveraging its strengths in cotton production, energy resources, strategic location, and supportive policies to restructure and upgrade its textile and apparel industry value…
State VC fund primed to back future sectors
China launched a State-backed venture capital guidance fund on Friday to steer long-term investment into strategic emerging and future industries, underscoring efforts by policymakers to cultivate new quality productive forces…
Improved batteries eat into range-extended segment
Li Auto showcases the range-extended L9 SUV at 2025 Auto Guangzhou in November. QIN ZIHANG/FOR CHINA DAILY Range-extended electric vehicles, which once gained prominence by eliminating range anxiety and saw…