China releases document on so-called excess capacity issue

China's Ministry of Commerce on Tuesday released a document titled "China's Position on the So-called Excess Capacity Issue."

July 28, 2026

China's tax revenue tops 10 trln yuan in H1 as economy improves

China's tax revenue rose 4.9 percent from a year earlier to more than 10 trillion yuan (about 1.47 trillion U.S. dollars) in the first half of 2026, supported by an improving economy and a recovery in factory-gate prices, tax authorities revealed Tuesday.

July 28, 2026