940% Surge: Why Are Americans Frenziedly Downloading Chinese E-Commerce Apps?
America’s Reckless Tariffs Have Unintentionally Boosted Chinese E-Commerce Apps No one saw this coming. After the U.S. imposed excessive tariffs, Chinese cross-border e-commerce app DHgate (Dunhuang) unexpectedly went viral stateside. Its downloads skyrocketed to #2 on the U.S. App Store’s free apps chart, trailing only ChatGPT in popularity. What Exactly Is DHgate? Public records show […]
Interpretation of the “Announcement on Promoting the ‘Instant Refund upon Purchase’ Service for Overseas Tourists’ Tax-Free Shopping”
2025-04-09 09:18 Source: State Taxation Administration Website To further enhance the convenience of tax refunds for overseas tourists and optimize their shopping experience, the State Taxation Administration has issued the Announcement on Promoting the “Instant Refund upon Purchase” Service for Overseas Tourists’ Tax-Free Shopping (hereinafter referred to as the “Announcement”). The key points are interpreted as follows: 1. […]
China’s visa-free transit policy fully relaxed and optimized
December 17, 2024 11:07 National Immigration Administration The National Immigration Administration (NIA) announced today that it will fully relax and optimize the visa-free transit policy, which is effective immediately. The stay duration for foreign nationals eligible for visa-free transit has been extended from the previous 72 hours and 144 hours to 240 hours (10 days). Additionally, […]
Zhipu AI Launches IPO: Valuation Exceeds 20 Billion, Becomes First “Big Model Six Tigers” Company to Initiate Listing Process
On the same day, Zhipu AI announced it will open-source its 32B/9B series GLM models and adopt a new domain “z.ai”. Zhipu AI | Strategic Financing | Beijing | Founded June 2019 | AI Knowledge Intelligence Technology Developer | 36Kr Report | Enterprise Services | Gazelle Enterprise | High-Tech Enterprise | Technology-based SME | WISE2024 […]
Services a major driving force behind China’s consumption growth: report
HAIKOU – China’s services consumption is not only rebounding but evolving rapidly, becoming a key driver of overall consumption growth, according to a report released by the China Institute for Reform and Development. The Hainan-based think tank published the report on Monday during this year’s China International Consumer Products Expo, the country’s only national-level exhibition […]