Business--China Economic Net

China's State Taxation Administration on Thursday released value-added tax (VAT) invoice data, which reveals growth in firms' spending on equipment renewals and rising sales of home appliances in the first three quarters of this year.

China's push against rat race competition gains momentum2025-10-16
China is stepping up efforts to curb rat race competition plaguing some of its industries, an endeavor aimed at fostering a market that rewards innovation and quality, with tentative progress beginning to emerge.

China's manufacturing sector sales revenue grows 4.7 pct in first 9 months2025-10-16
China's manufacturing sector saw 4.7 percent year-on-year growth in sales revenue during the first three quarters of 2025, accounting for 29.8 percent of total corporate sales revenue, official data showed on Wednesday.

ChiNext Index opens higher Wednesday2025-10-15
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was up 0.29 percent to open at 2,964.52 points Wednesday.

Sweet cooperation reshaping China-ASEAN fruit trade2025-10-14
The durian -- a fruit so pungent it's banned in some Asian hotels -- is gaining new status in China as a symbol of economic integration and everyday luxury.

Chinese mainland, Macao sign MoU on cross-border payment2025-10-14
The People's Bank of China and the Monetary Authority of Macao on Monday signed a memorandum of understanding (MoU) on a cross-border payment connect between the Chinese mainland and Macao, according to the country's central bank.

Major land port in NW China's Xinjiang sees over 6,000 China-Europe freight train trips2025-10-14
As of Sunday, Alashankou Port, also known as Alataw Pass, a primary land port in northwest China's Xinjiang Uygur Autonomous Region, had handled more than 6,000 China-Europe freight train trips in 2025, according to the port.

China's logistics sector reports continued business activity expansion in September2025-10-14
China's logistics sector revealed continued expansion in business activities in September 2025, according to the latest data released by the China Federation of Logistics and Purchasing.

China's foreign trade up 4 pct in first 9 months2025-10-13
China's total goods imports and exports in yuan-denominated terms rose to 33.61 trillion yuan (about 4.73 trillion U.S. dollars) in the first nine months of 2025, up 4 percent year on year, official data showed Monday.

China's top market regulator says probe into Qualcomm a routine law enforcement activity2025-10-13
China's top market regulator has described its investigation into Qualcomm's unapproved acquisition of Autotalks as a routine law enforcement activity conducted under the country's anti-monopoly law.

"AI Plus" becomes China's new magnet for global capital2025-10-12
Chongqing Municipality, an important industrial manufacturing base in southwest China, has recently turned into a showroom for the deepened integration of AI technology and traditional industries.

"Companionship economy" gains traction in China2025-10-12
"It's watching me!" This was a shout that emerged from an excited group of children gathered around a fluffy robot at a bookstore in east China's Shanghai. Named LOVOT, the robot tilted its head, blinked with expressive eyes, and stretched out its arms, seeking a hug.

How surging prices fuel China's golden week gold rush?2025-10-12
As global gold prices have soared since the start of the year, China's domestic gold market has followed suit, extending its upward trend and sparking a shopping spree during the country's "Golden Week" -- the combined National Day and Mid-Autumn Festival holiday, which ran from Oct. 1 to 8.

China's countermeasures against U.S. port fees "legitimate defense": commerce ministry2025-10-11
China's countermeasures against the U.S. additional port fees on Chinese ships are "legitimate defense" actions aimed at maintaining a fair competition environment in the international shipping and shipbuilding markets, the Ministry of Commerce said Friday.

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Chinese cauliflower varieties upgrade agriculture in Pakistan and beyond

As climatic changes had made farming more difficult, more and more Pakistani farmers decided to experiment with Chinese vegetable seed varieties, which they had heard were more resilient, higher-yielding, and better suited to withstand extreme weather conditions.