Duty-free shopping booms in Hainan FTP

The national consumer goods trade-in subsidy program has been a focal point for discussion among Chinese consumers in recent years. The program, which covers home appliances, digital products and vehicles, is part of China's stimulus package launched in 2024, which also includes incentives for large-scale equipment upgrades.

​Yiwu, the eastern Chinese city known as "the world's supermarket," saw its foreign trade value reach a record high of 836.5 billion yuan (119.37 billion U.S. dollars) in 2025, Yiwu Customs announced on Saturday.

European Council President Antonio Costa said Sunday on X that the European Union (EU) is "ready to defend itself against any form of coercion" in response to U.S. President Donald Trump's tariff threats over Greenland.

​China-Central Asia economic and trade cooperation made considerable progress in 2025, with the total value of trade in goods reaching 106.3 billion U.S. dollars, a year-on-year increase of 12 percent, according to a statement published on the website of the Ministry of Commerce on Sunday.

Under the brilliance of arena stage lights, a vast circular screen tracks every move of a match in real time.

​The European Union is considering hitting Washington with 93 billion euros (107.68 billion U.S. dollars) worth of tariffs or restricting American companies from the bloc's market, in response to U.S. President Donald Trump's tariff threats over Greenland, according to Financial Times.

A group of Chinese researchers has proposed a novel data-driven framework for real-time online estimation and analysis of the remaining driving range of electric vehicles (EVs).

The Hainan Free Trade Port (FTP) officially launched island-wide special customs operations on Dec. 18, 2025. One month in, a reporting team from China International Communications Group (CICG) conducted an exclusive interview with Feng Fei, secretary of the Hainan Provincial Committee of the Communist Party of China (CPC) and chairman of the Standing Committee of the Hainan Provincial People's Congress. Drawing on early results and the policy benefits already taking shape, Feng shared insights into Hainan's core strengths, development potential and the opportunities it offers to the world.

One month into the island-wide special customs operations, Hainan Free Trade Port in south China has made initial achievements in trade and logistics efficiency.

By combining camping with Daur folk customs, ice sports and local culinary traditions, the Meilisi Daur ethnic district has created a distinctive cultural tourism brand.

In their latest move to support the real estate market, China's financial authorities on Saturday announced that they will lower the minimum down payment ratio for commercial property mortgages to no less than 30 percent.

China's Ministry of Industry and Information Technology has revised its management measures for the cultivation of "quality" small and medium-sized enterprises, officially integrating tech-based firms into its development pipeline.

Celebrities gathered for a star-studded grand opening of Louis Vuitton's flagship store in Beijing on Jan. 13. The newly revamped Taikoo Li Sanlitun retail destination is a clear demonstration of luxury brands' confidence in the Chinese market.

The Hainan FTP is a game changer and those who seize the opportunities it offers early will reap substantial benefits.

By expanding services such as bonded maintenance, Hainan is positioning itself as a specialized hub for global repair and industrial services.

The World Artificial Intelligence Conference (WAIC) UP! Global Summit kicked off on Friday in the event's debut in Hong Kong, convening top scientists, industry leaders, entrepreneurs and policymakers for insightful discussions on AI development and governance.

​Ports across northwest China's Xinjiang Uygur autonomous region recorded robust traffic in 2025, leading the nation in cross-border rail traffic volume, local authorities said on Friday.

The People's Bank of China (PBOC), the country's central bank, has renewed a bilateral currency swap agreement with the Bank of Canada, the central bank of Canada.

​China will extend preferential tax policies for public rental housing until the end of 2027 to further support the construction and operation of affordable housing, Chinese taxation authorities announced Friday.

China's securities regulator has pledged to prioritize market stability and resolutely prevent sharp fluctuations as a core objective for 2026, aiming to consolidate sound development of the capital market.