Canton Fair kicks off in south China with record number of exhibitors, buyers | News from Xinhua

10 16, 2025

The 138th edition of the China Import and Export Fair, also known as the Canton Fair, started on Wednesday, with the number of exhibitors exceeding 32,000, a record high.Scheduled to take place from Oct. 15 to Nov. 4 in the southern Chinese metropolis of Guangzhou in Guangdong Province, this edition of the fair has also attracted a record number of buyers. As of Monday, over 240,000 buyers from 218 export markets had pre-registered, reflecting a 10-percent increase compared to the previous edition.Among them -- the number of buyers from the European Union, the United States and countries participating in the Belt and Road Initiative has increased significantly. Meanwhile, more than 400 leading purchasing companies will attend the fair.According to surveys conducted ahead of the fair, over 1 million new products developed in the past year will be showcased at this edition of fair, while around 800,000 items will make their debuts at the fair.This edition of the Canton Fair will, for the first time, feature a smart medical zone -- which has attracted 47 companies showcasing products such as surgical robots, intelligent monitoring systems and wearable devices. It will continue to feature a service robot zone, which has drawn 46 leading industry players to display their humanoid robots, robotic dogs and other innovations.Established in 1957, the Canton Fair is held twice a year. It is the longest-running of several comprehensive international trade events in China, and has been hailed as the barometer of China's foreign trade.Notice:The above content is transferred from Xinhua, just for information sharing.We respect your intellectual property right and your other lawful rights. As any content here infringes any of your lawful rights, please contact us, and we will delete related content.

China's foreign trade up 4 pct in first 9 months | News from Xinhua

10 13, 2025

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.The growth rate accelerated from an increase of 3.5 percent registered in the first eight months of the year, according to the General Administration of Customs (GAC).Goods exports led the overall expansion during the January-September period, surging 7.1 percent year on year to 19.95 trillion yuan, while imports stood at 13.66 trillion yuan, a slight decrease of 0.2 percent.In September alone, China's goods imports and exports increased by 8 percent year on year to 4.04 trillion yuan -- marking the highest monthly increase so far this year.Since the beginning of 2025, China's foreign trade has sustained a steady and positive development trend amid a complex external environment, said Wang Jun, deputy head of the GAC, at a press conference.The expansion of China's goods trade has accelerated quarter by quarter, with the growth rate amounting to 6 percent in the third quarter of this year, following 1.3-percent and 4.5-percent increases in the first and second quarters, respectively, Wang said. Additionally, Wang also highlighted that China's foreign trade market has become more diversified.In the first nine months of 2025, China's goods trade with Belt and Road partner countries totaled 17.37 trillion yuan -- 6.2 percent higher than a year earlier, GAC data revealed.Trade with ASEAN, Latin America, Africa and Central Asia grew by 9.6 percent, 3.9 percent, 19.5 percent and 16.7 percent year on year, respectively, while that with other economies in the Asia-Pacific Economic Cooperation increased by 2 percent.Notice:The above content is transferred from Xinhua, just for information sharing.We respect your intellectual property right and your other lawful rights. As any content here infringes any of your lawful rights, please contact us, and we will delete related content.

The cultural and tourism achievements of the nation, province, municipality and district made during the National Day and Mid-Autumn Festival holiday

10 11, 2025

During the 8 days’ National Day and Mid-Autumn Festival holiday spanning from Oct. 01 to Oct. 08, China witnessed 888 million domestic tourist trips, which increased by 123 million from the 7 days’ National Day holiday of the previous year, leading to the total tourism revenue of 809.006 billion yuan which represented an increase of 108.189 billion yuan as compared with the previous year, according to the calculation by the Ministry of Culture and Tourism of the PRC. The 8-day holiday became extremely hot as it embraced the 2 festivals. It was characterized by the innovative cultural and tourist experiences powered by science and technology. And, a series of public beneficial measures, including 29,000 cultural and tourist events and over 480 million yuan’s worth of consumption subsidies, promoted the prosperity of the holiday.According to the data from the Department of Culture and Tourism of Guangdong Province, the province received 65.176 million visitors in total during Oct. 01-08, which surged by 11.5% from the 7-day National Day holiday of 2024, and generated a total tourism revenue of 61.32 billion yuan, which surged by 14.2% year on year. In Guangdong Province, the 8 days’ holiday witnessed about 3,000 cultural and tourism events which immersed the visitors in the charms of Lingnan Culture, featured the series events themed the upcoming 15th National Games, and provided the cultural and tourism coupons of 20 million yuan and other diversified discounts to spur the holiday consumption.Shenzhen of Guangdong Province recorded 9.2026 million visits made during the National Day and Mid-Autumn Festival holiday lasting from Oct. 01 to Oct. 08 of this year, surging by 12.4% from the 7 days’ National Day holiday of the previous year. The number of the inbound visitors increased by 145.2% to 91,000 in total. And, the city’s tourism revenues generated during the holiday totaled 8.94 billion yuan, up 17.6% year on year, according to Shenzhen Municipal Bureau of Culture, Radio, Television, Tourism and Sports. A batch of world-class cultural and tourist spots, including “Eye of GBA” “Theatre of Joy”, Minghua Cruise Ship on Shekou Sea World, Shenzhen Science & Technology Museum, attracted a large number of visitors during the holiday.During Oct. 01-08, Longgang District of Shenzhen received 1.7092 million visitors, which increased by 9.33% from the previous year and resulted in a year-on-year increase of 16.2% in the tourism revenue which stood at 1.66 billion yuan totally. Notably on the Mid-Autumn Festival which fell on October 06, a festive humanity-and-robot-interaction activity took place at the Robots Block in Longgang District, during which various humanoid robots danced with the visitors, and humanoid robots in Chinese traditional costume amused the visitors at the Robots’ 6S Store at the robot-themed block.Reference: Chinanews.com; huanqiu.com; Shenzhen Economic Daily; Shenzhen Evening News; Longgang Media Convergence GroupNotice: we respect your intellectual property right and your other lawful rights. As any content here violates your lawful rights, please contact us, and we will delete related content.

China unveils measures to boost services exports | Xinhua News

09 25, 2025

Chinese authorities have unveiled a package of measures aimed at boosting services exports and promoting the high-quality development of trade in services.A notice made public on the website of the Ministry of Commerce on Wednesday has outlined 13 measures to serve those purposes. It said the measures will accelerate the development of services trade, expand high-standard opening-up, and nurture new momentum for the growth of foreign trade.The measures include those on making full use of the available funding channels of the central and local governments to support new forms and models of services exports, such as digital services, high-end design, R&D, supply chains, and green services spanning energy conservation, resource recycling, environment management and consultation, according to the notice.It said that a special-purpose guiding fund supporting the innovative growth of trade in services will be leveraged to mobilize further services trade investment from the private sector.Efforts will be made to improve efficiency for enterprises when they apply for services export tax rebates, leveraging relevant electronic information platforms.Export credit insurance support for services exports will be increased, and the government will optimize its visa policies for the personnel of foreign-invested enterprises, people engaged in sci-tech research, and high-level talent coming to China, it said.It noted that efforts will be made to expand the number of countries to which China's unilateral visa-free travel policy applies, aiming to optimize visa policies for foreigners arriving in China.The measures also include efforts to facilitate cross-border payment settlement for trade in services by encouraging banks to improve the efficiency of settlement work for creditworthy and rules-compliant companies engaged in relevant operations.Notice: the above content is transferred from Xinhua just for information sharing.We respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content.

Internet platform operators should file tax-related information since Oct. 01

09 25, 2025

According to the State Taxation Administration, internet platform operators should file to related taxation authorities the tax-related information, including the identities of and the incomes of the on-the-platform merchants and practitioners, commencing the upcoming October 01. And, related taxation authorities and major internet platforms have basically made preparation for it.The practice is based on the Regulations on Internet Platform Operators’ Submission of Tax-related Information, which was released on this June.According to the related laws and regulations of the state, internet platform operators are obligated to remind the on-the-platform merchants of their obligations to register in accordance with laws, and the merchants should publicize conspicuously the information on their licensed businesses on the homepages of their online stores, stated by the director of the Tax Science Institute of State Taxation Administration.Platform economy is virtual, trans-sector and decentralized in nature. A merchant who runs over one online store on a single internet platform or different internet platforms should report the total of its business revenues.And, the related taxation authorities warn that the merchants and practitioners on the internet platforms should honestly report within the designated period, all their sales revenues generated on various internet platforms and through offline channels, or be exposed to related legal sanctions.Reference: XinhuaNotice: we respect your intellectual property right and your other lawful rights. As any content violates any of your lawful rights, please contact us, and we will delete related content.

2025 CBEC Expo held in Shenzhen (Sep.17-19)

09 18, 2025

2025 Shenzhen Cross-border E-commerce (CBEC) Expo is scheduled to take place at Shenzhen World Exhibition & Convention Center from September 17 to September 19. Covering an exhibition area of 80,000 square meters, the Expo is mainly comprised of 4 themed exhibition halls involving electronic technology, fashion, sports&recreation, and home life. The Expo is aimed at displaying on all fronts the innovative products and services in the cross-border e-commerce field.According to the related introduction, about 1500 exhibitors of various nations and regions including China, Brazil, Denmark, Hungary, Italy, France, the United Kingdom, participate in the Expo, displaying 14 major categories of products, including household consumer goods, consumer electronics, apparel, shoes, bags, pet supplies.The Expo is dedicated to being a commercial platform simultaneously available for product exhibition, supply-chain exchanges, and expansion of channels, so as to bring the industry more prime possibilities.What’s more, the Expo features four particular product-exhibition sections, including the POD (Print on Demand) section featuring the customized printing products and the solutions, and the private-mold section centering on the exhibition of the differentiated products.Besides, the “digital innovation” and “cross-border e-commerce (CBEC) logistics” exhibitions halls of this year experience complete upgrade. The “digital innovation” exhibition hall mainly displays the emerging technologies related to the smart customer service, AI product election, etc. The “cross-border e-commerce (CBEC) logistics” exhibition hall centers on overseas warehouse, smart storage and other core sub-divisions of the field and showcases the latest technological achievements and newest services. The both are significant for the enterprises’ growth in the digital era and the establishment of a global efficient supply chain network.Reference: Shenzhen Evening NewsNotice: we respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content.

The List of Top 500 Chinese Enterprises (2025) released

09 16, 2025

On September 15, China Enterprise Confederation (CEC) and China Enterprise Directors Association (CEDA) released the List of Top 500 Chinese Enterprises (2025).The threshold for entry onto the list is an enterprise’s 47.96-billion-yuan operating revenue generated in 2024, being 579 million yuan more than the previous year.The top 500 Chinese enterprises on this year’s list generated a total operating revenue of 110.15 trillion yuan in 2024, presenting a growth tendency from the previous year. In detail, 267 enterprises, accounting for 53.4% of all the shortlisted enterprises, are 100-billion-yuan enterprises, showing a yearly increase of 14 enterprises which generated independently an operating revenue of over 100 billion yuan in 2024. For the 8th year in a row, the Top 500 Chinese Enterprises show the increased average of their R&D Intensity. This year, the enterprises’ input into the research and development reaches a historical high, taking over a 1.95% share. The list keeps a basic balance between the number of the state-owned enterprises and the private enterprises on the shortlist, respectively being 251 and 249.Reference: XinhuaNotice: we respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content.

The number of artificial intelligence enterprises has exceeded 5000 in China

09 11, 2025

During the recent 5 years, the quantity of artificial intelligence enterprises in China has increased from over 1400 to over 5000, approximately averaged out at 11 ones emerging per hour. China has over 5000 artificial intelligence enterprises now, including over 400 national “Little-Giant” enterprises specialized in artificial intelligence, expressed by Xin Guobin, deputy minister of Industry and Information Technology of the nation, at the World Smart Industry Fair 2025(WSIF 2025) held in China’s southwest city -- Chongqing.According to the statistical data in the China Internet Development Report 2021, China’s artificial intelligence enterprises in 2020 totaled 1454. The number triples during the following 5 years. China attaches great importance to the artificial intelligence development. In July 2017, China issued the New-Generation Artificial Intelligence Development Plan. In this August, the nation released the Suggestions on the Further Implementation of “Artificial Intelligence+” Action. Acceleration should be made in building a new mode of smart economy and society characterized by the coordination between human beings and robots, the trans-sector integration and the collaborative creation and sharing, said in the Suggestions.Xin Guobin stated that “China’s artificial intelligence industry has a more and more solid foundation, together with the emergence of more and more artificial intelligence products and the more deeply-penetrating application”. China has developed over 35,000 elementary, over 6300 advanced and over 230 superior artificial intelligence factories, as well as 11 national pilot zones for artificial intelligence innovation and application and 17 national-level demonstration zones for intelligent connected vehicle (ICV) testing, Xin added.China has established a 60-billion-yuan investment fund for the artificial intelligence industry, formulated the management rules on artificial-intelligence-related science and technology ethics and services, formed China-BRICS Artificial Intelligence Development and Cooperation Center, and stipulated over 240 industrial standards of core artificial intelligence technologies, promoting the continuous optimization of the industrial ecology.“China’s artificial intelligence sector develops faster and faster”, an enterprise representative participating in the WSIF 2025 expressed. As an example, humanoid robot sector experienced product iteration every two years before, but every each year now, the enterprise representative added.“The sound development of China’s artificial intelligence could not only be attributed to its combination of the beneficial experiences learned from the industry-leading nations and its self advantages spanning the rich data resources, complete industry system, vast application market, extensive market space”, expressed by Wan Gang, chairman of China Association for Science and Technology.Reference: XinhuaNotice: we respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content.

10 5G factories of Shenzhen come to the nation’s Directory of 5G Factories 2025, including one in Longgang District

09 11, 2025

Recently, Ministry of Industry and Information Technology of the PRC released the Directory of 5G Factories 2025, which covers 560 businesses involving 48 industries.49 businesses of Guangdong Province come to the Directory, including 10 of Shenzhen.Shenzhen New Trend International Logis-Tech Co., Ltd (NTI), located in Longgang District, witnessed its industrial-internet and smart logistics 5G factory got listed on the Directory.Building 5G factories is of great importance for the large-scale development of “5G+ industrial internet”. During the recent years, great efforts have been made around the nation in accordance with the Guide for Building Fully 5G-Connected Factories, to further implement the strategies for the innovative development of industrial internet, to promote the quality development and large-scale application of “5G+ industrial internet”, to develop China’s branded 5G factories, and to accelerate the establishment of 5G factories. And, the efforts have achieved a great deal. Reference: Shenzhen Economic DailyNotice: we respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content.