China has announced new measures to tighten controls on the export of specific dual-use items to the United States, citing national security concerns. The regulations, revealed by the Ministry of Commerce on Tuesday, focus on items related to gallium, germanium, antimony, superhard materials, and graphite, which are critical for semiconductors, infrared technology, communication equipment, solar […]
China’s Digital Finance Sector Poised for Growth with New Action Plan China’s digital finance sector is set to experience significant growth, driven by continued government support and increasing interest from investors, experts say. This optimism follows the release of a new action plan aimed at promoting the high-quality development of digital finance. The plan, unveiled […]
As China faces looming tariff challenges and seeks to navigate potential economic headwinds in 2025, economists from leading investment banks predict the country has ample room to implement bolder macroeconomic adjustments. These could include additional subsidies for consumers and structural reforms, designed to support the nation’s growth amidst external pressures. In an exclusive interview with […]
In East China’s Shandong province, Juye County is helping farmers increase their incomes and promote rural vitalization by prioritizing industrial development. The county has focused on creating “doorstep” factories—small, town and village-level workshops that provide local employment opportunities. To date, Juye has invested 660 million yuan ($92.9 million) to establish 238 such workshops across 17 […]
A vast array of durable goods, from kitchen stoves to smart toilets, were on display inside a Suning chain store in Nanning, South China’s Guangxi Zhuang Autonomous Region, with vibrant stickers promising up to 20% off thanks to state subsidies. These discounts are part of China’s ambitious 300-billion-yuan ($41.7 billion) program aimed at encouraging equipment […]
China is planning to increase the share of consumption in its GDP to more than 50% within the next decade as part of its strategy to shift the country’s economic growth drivers. This shift is seen as essential in light of challenges stemming from the ongoing adjustments in the property sector and growing concerns over […]
The 26th Harbin Ice and Snow World is offering a unique business opportunity with the auction of nine candied fruit sales stalls, starting at a bid price of 1 million yuan ($137,850). This auction, announced by the Harbin Auction Company, has generated significant public interest and discussion, particularly regarding the high starting bid and stringent […]
China’s sustainable development has seen steady improvement, with its sustainability index increasing by 46.8% since the assessment began, according to a recent report released at the COP29 climate conference. The index, co-released by the China Center for International Economic Exchanges (CCIEE) and the Earth Institute of Columbia University, evaluates five key areas: economic development, social […]
China’s Ministry of Industry and Information Technology (MIIT) has announced updates to industry standards for photovoltaic (PV) manufacturing, aiming to address current challenges such as the repetitive expansion of low-level production capacity and declining profitability. The revisions are designed to foster the healthy development of the PV industry, promote technological innovation, and guide more sustainable […]
Morocco and China continue to build on their longstanding positive relationship, with the Belt and Road Initiative (BRI) playing a pivotal role in fostering deeper economic cooperation. Abdelkader El Ansari, Morocco’s Ambassador to China, highlighted the growing synergy between the two nations during his tenure, emphasizing the vast potential for collaboration under the BRI. El […]
