China will hold the rotating chair of the emerging-market bloc of BRICS (Brazil,
Russia, India, China and South Africa) next year and host its ninth summit in
the southeastern Chinese city of Xiamen in September, President Xi Jinping
announced on Oct 16.
China expects to work with all parties concerned
to implement the consensuses reached at previous summits, deepen their
partnerships and write a new chapter for the BRICS cooperation, Xi said at the
eighth BRICS summit in the western Indian state of Goa.
Xiamen, a
tourist resort on the southeast coast of China, is known for its mild climate
and beautiful scenery.
Xi served as vice mayor of Xiamen in the 1980s.
China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country's foreign exchange regulator said on Aug 21.
To further streamline the experience, China is expanding tax refund stores, broadening the range of refundable goods, and refining refund procedures, ensuring an efficient and seamless shopping experience for global visitors.
