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New Circular Economy Blueprint to Aid Green Transition
China has published a new blueprint for the circular economy, aiming to develop a high-quality recycling system by 2030.
Easier Tax Refunds Expected to Boost Tourism in Southern Regions
Five Chinese provincial regions, including Hunan, Fujian, Guangdong and Hainan provinces, as well as Guangxi Zhuang Autonomous Region, have confirmed full mutual recognition of instant tax refunds.
New Action Plan to: Stabilize, Upgrade: Foreign Investment
A new action plan to attract foreign investment was released on June 22, which includes measures to stabilize and optimize foreign direct investment (FDI) while attracting new investors.
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China, EU Reach Consensus on New Orientation for Economic & Trade Relations
China and the EU have agreed on a new defining orientation for their economic and trade relations: stable and balanced key trading partners, He Yadong, spokesperson of China's Ministry of Commerce said at a press conference on July 2.
New Energy Vehicle Tax: Subsidies to Be Adjusted
China's Ministry of Finance, the State Taxation Administration and the Ministry of Industry and Information Technology issued an official announcement on July 2, adjusting tax incentives for energy-efficient and new energy vehicles (NEVs).
Scientists Make ‘Artificial Sun' Breakthrough for Fusion Energy
Chinese scientists have announced a major breakthrough in ‘artificial sun' technology in the pursuit of creating energy through fusion.