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.

Great enterprise service brings about the addition of about 84,000 enterprises since last July in Longgang District

09-02, 2025

At Longgang District Enterprise Service Conference held last July, the district promised to create an enterprise-centered business environment and develop strategic partnership with enterprises.Since last July, 84,000 additional enterprises have been located in Longgang District, pushing the total number of enterprises in the district to approximately 570,000.One of the contributors to the success should be the district’s high efficiency in responding to enterprises’ demands and helping to solve enterprises’ problems.Besides, the district strives to get concentrated on and facilitate enterprises’ “whole-life” development more accurately.This year, Longgang District establishes the “3+5” enterprise service mechanism, to better target the 5 services involving the support for the industrial chains, the convergence of productive factors, the supply of “industry+space” -related information, the globalization market and the business environment, at the 3 dimensions including the enterprises’ scale, life span and industrial orientation.Moreover, Longgang District could always offer practical, feasible and timely services as enterprises need, so that it could attract so great a number of enterprises. Reference: Publicity Department of Longgang District Committee of the Communist Party of ChinaNotice: 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.

China’s computing power scale records the annual increase of about 30%

08-27, 2025

The scale of the computing power in China has kept an annual increase of about 30% during the recent years, according to the related data. Together with the rapid development of the artificial intelligence, the demands for computing power grow sharply in the nation. Reference:CCTVNotice: 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.

Shenzhen’s foreign-trade value reached 2.17 trillion yuan in H1

08-21, 2025

During the first half of this year, Shenzhen’s imports and exports reached 2.17 trillion yuan, accounting for 9.9% of the nation’s total import-export volume, according to Shenzhen Customs District P.R. China.Specifically, Shenzhen’s exports over the period hit 1.31 trillion yuan, while the imports surged year on year by 9.5% to 858.86 billion yuan. The import and export volumes of the city both ranked first on the Chinese mainland, while the import volume reached the historical high.During the Jan-June period, Shenzhen’s imports and exports in general trading reached 1.19 trillion yuan, accounting for 54.8% of the city’s total import and export value over the same period. The Bonded Logistics conveyed a total import and export value of 585.44 billion yuan from this January to June, which increased year on year by 15.1% and accounted for 27% of the city’s total volume. The processing trade sector recorded the import-export volume of 381.54 billion yuan, which approximately equaled to that of the same period of last year and accounted for 17.6% of the city’s total import-export volume over the same period.From this January to June, the private sector in Shenzhen witnessed 1.51 trillion yuan of imports and exports, accounting for 69.8% of the city’s total foreign-trade volume. During the same period, the foreign-invested enterprises saw an increase of 9% in the import and export volume, which stood at 563.06 billion yuan and shared 26% of the city’s total number. Simultaneously, the state-owned enterprises in Shenzhen generated the import-export value of 89.14 billion yuan.In the first half, Shenzhen’s trade with the ASEAN (Association of Southeast Asian Nations) members reached a volume of 358.27 billion yuan. During the period, the city’s imports from and exports to the EU (European Union) members, the US, India and England totaled 218.29 billion yuan, 205.77 billion yuan, 41.76 billion yuan and 33.52 billion yuan respectively. The trade between the city with Public of Korea surged year on year by 6.4% to 121.11 billion yuan; that with Japan by 4.7% to 93.06 billion yuan; with Mexico by 2.7% to 32.55 billion yuan. Moreover, the city’s foreign-trade volume generated with the nations engaging in the Belt and Road Initiative reached 781.62 billion yuan in total, while the value of the trade between the city and other RCEP (Regional Comprehensive Economic Partnership) member stood at 603.03 billion yuan.Reference: CCTVNotice: we respect your intellectual property right and your other legitimate rights. As any content here violates any of your legitimate rights, please contact us, and we will delete related content.