The 12th World Games, being held in Chengdu, southwest China's Sichuan Province, is not only a spectacular display of athletic prowess but also a powerful catalyst for local economies, driving growth of sports and event-related consumption.
China's VAT data reflects growth in enterprise purchases, consumer spending2025-08-16
China's State Taxation Administration on Friday released value-added tax (VAT) invoice data for the period from April 2024 to July 2025, which reveals that the equipment-renewal program and consumer goods trade-ins have played an active role in facilitating industrial upgrading and transformation, boosting consumer demand, and improving economic circulation.
China draws foreign investors as evolving economy meets proactive policies2025-08-13
During last month's third China International Supply Chain Expo (CISCE), overseas exhibitors made up 35 percent of participants -- up 3 percentage points from 2024 and 9 points from the inaugural 2023 edition -- with industry giants like Honeywell, GE Healthcare, and Siemens already securing their spots for next year, underscoring foreign firms' growing commitment to China.