The World Bank slashed global economic growth forecasts on Tuesday citing heightened trade tensions and policy uncertainty.
June 11, 2025
2025-06-11
China saw a vibrant surge in inbound consumption following the rollout of its refined tax-refund-upon-departure policy, with notable increases in both the number of tax refund stores and the total amount refunded.
June 11, 2025
2025-06-11
In a blink of eye -- within a span of 0.007 seconds -- electricity generated from China's wind-and-solar-rich Xinjiang Uygur Autonomous Region was transmitted to the energy-hungry Chongqing Municipality, located 2,260 kilometers away.
June 11, 2025
2025-06-11
China's Ministry of Commerce announced Tuesday that it would extend the duration of an anti-dumping investigation into pork and relevant products originating from the European Union (EU).
June 11, 2025
2025-06-11
China's recent announcement of new regulations to strengthen export control measures on certain rare earth-related items is a measure driven by its domestic industrial sustainable development needs. The move aligns with international management standards and reflects China's responsibilities as a major country -- and is not, as some claim, a so-called "tactical countermeasure."
June 10, 2025
2025-06-10
Tucked away in the misty folds of rural Zhejiang Province lies a township that could very well be one of fashion's best kept secrets. Each year, over 400 million sweaters glide off production lines in Honghe -- a name that barely registers on most global style radars.
June 10, 2025
2025-06-10
APP China, the Chinese unit of Indonesia's Asia Pulp & Paper (Sinar Mas Paper (China) Investment Co., Ltd.), said it will seek new partnerships and promote green and efficient industrial practices at the upcoming China International Supply Chain Expo (CISCE), after making its debut at the event last year.
June 10, 2025
2025-06-10
U.S. wholesale inventories ticked up in April as stockpiling occurred, just before President Donald Trump's sweeping tariffs were implemented.
June 10, 2025
2025-06-10
The political marriage between U.S. President Donald Trump and U.S. billionaire Elon Musk came to a dramatic and public end, after the latter scathingly condemned the administration's flagship economic proposal, the "One Big Beautiful Bill Act," labelling it a "disgusting abomination."
June 10, 2025
2025-06-10
China's passenger car sector recorded a double-digit growth in retail sales in May as the country's policies to boost consumption continued to take effect, the China Passenger Car Association (CPCA) said on Monday.
June 10, 2025
2025-06-10
The Bank of Spain has revised downward its economic growth forecasts for the country, cutting the projection for 2025 from 2.7 percent to 2.4 percent, and that for 2026 to 1.8 percent, due to uncertainty stemming from U.S. tariff policies.
June 10, 2025
2025-06-10
China's foreign trade demonstrated resilience in the first five months of 2025, with total trade value rising 2.5 percent year on year, driven by the country's efforts to optimize its trade structure and stabilize growth.
June 10, 2025
2025-06-10
China's trade with African countries hit a record high in the first five months of this year, official data showed Monday.
June 9, 2025
2025-06-09
U.S. stocks ended mixed on Monday, as investors looked ahead to a key round of China-U.S. trade negotiations.
June 10, 2025
2025-06-10
China's total goods imports and exports in yuan-denominated terms rose to 17.94 trillion yuan (about 2.5 trillion U.S. dollars) in the first five months of 2025, up 2.5 percent year on year, official data showed Monday.
June 9, 2025
2025-06-09
In the first five months of this year, the customs of two major airports in Beijing processed departure tax refund applications for overseas travelers totaling approximately 478 million yuan (about 66.52 million U.S. dollars), up 91.61 percent year on year.
June 9, 2025
2025-06-09
Trade barriers are a key factor in the projected U.S. economy slowdown, which have affected U.S. exports, disrupted supply chains, reduced business investment and eroded consumer confidence.
June 9, 2025
2025-06-09
On Monday, the Beijing Municipal Administration for Market Regulation released a list of support services for enterprises, aiming to provide targeted assistance and further optimize the business environment.
June 10, 2025
2025-06-10
The 2025 Beijing AI Innovation Competition kicked off on Monday and is now open for registration, accompanied by a series of sideline activities aimed at enhancing public digital skills and capabilities. These events will run through the end of July.
June 10, 2025
2025-06-10
Beijing recently launched an action plan to boost trendy lifestyle spending, implementing 21 measures across five areas: developing fashion districts, upgrading cultural events, fostering brand innovation, empowering fashion industries, and enhancing urban aesthetics.
June 10, 2025
2025-06-10
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