Luohu District is setting its sights on surpassing 150 billion yuan (US$20.75 billion) in retail sales of consumer goods this year by fully tapping into the potential of consumption and services, as announced during a news conference in Luohu on Saturday.

Four companies from Futian are showcasing their products at the ongoing 6th World Customs Organization (WCO) Global Authorized Economic Operator (AEO) Conference, which opened at the Shenzhen Convention and Exhibition Center in Futian on May 8 and will last until May 10.

BYD Co., the world’s largest manufacturer of new energy vehicles that include pure battery electric vehicles and plug-in hybrids, has ambitious plans for Europe, which is one of the world’s most competitive car markets.

China signed Authorized Economic Operator (AEO) mutual recognition agreements with Burundi and Iceland on Thursday at the 6th World Customs Organization (WCO) Global AEO Conference in Shenzhen.

The rapid expansion of e-commerce in the digital era presents both challenges and opportunities in extending the AEO program to that sector, Mohammad Ehteshamul Hoque, a trade specialist at the Asian Development Bank, said while hosting a discussion session on the role of AEO in e-commerce during the 6th WCO Global AEO Conference on Thursday.

China Vanke Co., the country’s second-biggest property developer by sales, is selling a large land plot in Shenzhen as the firm seeks to ease a liquidity crunch that has put pressure on its operations.

The Biden administration’s move to revoke licenses that allowed companies to ship chips used for laptops and handsets to Chinese telecom equipment maker Huawei Technologies is “economic coercion,”China's Ministry of Commerce said Wednesday.

​FedEx Express, a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies, unveiled a new tool today aimed at enhancing customs clearance efficiency and driving cross-border trade, underscoring the company's efforts to solidify its prominent position in the Chinese market.