Industry news

Zhang Wenyong, the founder of Sinone Co, a major green recycling company in Tianjin, recalls vividly the dangers and pollution the waste industry generated 60 years ago.

Through the New International Land-Sea Trade Corridor, ASEAN products — from Vietnamese and Indonesian rubber, to Cambodian rice and Thai coconuts — are steadily making their way into China.

Starting September, cross-border e-commerce export enterprises that fail to complete tax refund declaration and foreign exchange collection between the next month and April 30 of the following year shall pay supplementary value-added tax (VAT). The General Administration of Customs (GAC) has canceled overseas warehouse registration, simplified document declaration, and imposed requirements for data authenticity.

At a battery recycling facility in Hedong district of Linyi, Shandong province, the used batteries from new energy vehicles are processed into lithium, copper and aluminum powder in just over 10 minutes. This project, initiated at the end of last year, aims to transform old batteries into valuable resources.

Recently, the Ministry of Housing and Urban-Rural Development (MOHURD) has officially approved Technical Specifications for Dry Anaerobic Digestion Equipment for Co-Processing of Sludge from Municipal Sewage Treatment Plants and Kitchen Waste as an industrial product standard for urban and rural construction, with the standard number CJ/T556-2025. This standard shall come into force on November 1, 2025.

It is reported that the United States has decided to include 407 product categories in its steel and aluminum tariff list, covering hundreds of products such as wind turbines and their components, mobile cranes, railway vehicles, furniture, compressors and pumps. The measure officially took effect on August 18.

The "Action Plan for Comprehensive Deepening Reform of the Shanghai Carbon Market (2026-2030)" (hereinafter referred to as the "Action Plan") has recently been issued. It focuses on three key initiatives – "Implementing the Initiative to Improve Quality and Efficiency of the Carbon Emissions Trading Market", "Implementing the Initiative to Guide and Incentivize Voluntary Greenhouse Gas Emission Reduction", and "Implementing the Initiative to Enhance Innovation Capacity of the Carbon Market" – and puts forward 16 key reform tasks.

Guided by the "Two Mountains" concept, China is becoming more beautiful every day. As the core concept of Xi Jinping's ecological civilization thought, the "Two Mountains" concept has not only profoundly changed China, but also gathered consensus and pointed out the path for global exploration on harmonious coexistence between man and nature.

Three major Chinese financial institutions on Monday announced measures to simplify the opening of accounts by overseas central banks and similar institutions, in a move aimed at further optimizing the country's bond market environment.

Customs authorities of China and Thailand mutually recognize AEO enterprises, offering facilitations such as lower inspection rates and priority customs clearance. The relevant mutual recognition arrangement has been formally implemented.