As a crucial platform for the government to promote high-level opening-up, China's pilot free trade zones (FTZs) have introduced pioneering reforms to create a first-class business environment characterized by market-oriented practices, rule of law and internationalization, providing robust support for foreign enterprises operating in China, a spokesperson of the Ministry of Commerce said Thursday.
China's auto output, sales see robust growth in February2025-03-11
China's auto industry posted a strong performance in February, with both production and sales recording double-digit growth, driven by strong market vitality and accelerated production activity, industry data showed Tuesday.
Targeted moves afoot for local govt debt relief2025-03-11
China will employ a package of targeted measures to further address local government debt this year, with a particular focus on accelerating the debt swap program, reforming local government financing vehicles and curbing the accumulation of new hidden debt, officials and analysts said.
Spanish business incubator in China helps tech firms compete globally2025-03-11
The Xiji Incubator, a Spanish business incubator in China, is helping Spanish tech startups expand internationally by providing support and resources in Shanghai, China, said Xavier Ferre, Rector's Delegate for Asia-Pacific at the Polytechnic University of Madrid (UPM) and Chairman of the Xiji Incubator, in an interview with Xinhua on Monday.
How China powers up consumer spending to fuel growth2025-03-08
Vowing to make domestic demand "the main engine and anchor of economic growth," China's policymakers have sent fresh and firm signals on empowering the vast number of consumers to spend, countering skepticism about the country's shift toward a consumption-driven economy.