With independent customs operation, Hainan Free Trade Port poised to pioneer China's high-standard opening up
China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
Industries
China's bubble tea boom brews rural growth, international presence
Featuring diverse flavors, achieved by combining ingredients such as fresh fruits, tea leaves, milk and cheese, China's new-style tea beverage has expanded its market rapidly in recent years, capturing the hearts of customers across China and also overseas.
In-depth
Economic Watch: China sees positive price trends in July amid demand pickup
China reported positive signs in terms of both consumer and producer prices last month, as government policies to boost domestic demand continued to take hold.
moreEconomic Watch: Navigating challenges, China's foreign trade forges ahead with resilience
The 2026 FIFA World Cup is still some time away, but for merchants in Yiwu, a city in east China's Zhejiang Province often called the "world's supermarket," the business season is already in full swing.
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Companies
Huawei open-sources chip software ecosystem
Huawei has announced the full open-source release of its Ascend chip software ecosystem, aiming to support users to explore its deep potential and undertake customized development independently.
China's Yili taps European dairy innovation to drive growth
Nestled in the heart of Europe's agricultural and food science hub, the Yili Innovation Center Europe has become a vital bridge for scientific collaboration between China and Europe in the dairy sector.
