Stories from China

Extransfer founder and CEO Deng Guobiao announced the platform now supports local collection accounts in nearly 60 countries. This expansion allows sellers to receive payments in local currencies, intended to increase transaction security and stability for international buyers and sellers. The announcement coincided with a report from the Ministry of Commerce Research Institute regarding the growth of industrial goods exports. The service aims to facilitate smoother cross-border trade for global clients. The announcement coincided with activities at the 139th Canton Fair involving nearly 100 participating enterprises and trade service institutions.

The 139th Canton Fair held an emerging markets trade compliance development exchange on April 25 in Guangzhou. The event invited exhibitors, trade service institutions, and think tank experts to discuss compliance systems for Central Asia and Central/Eastern Europe. Feng Zhongping, director of the European Institute of the Chinese Academy of Social Sciences, participated in the session. The exchange aimed to provide companies with strategies for optimizing overseas expansion. The fair currently hosts global high-end brands representing over 80% of its client base. Experts and think tanks shared practical experiences to help enterprises optimize overseas expansion strategies. The event focused on interpreting trade compliance systems for Central Asian, Middle Eastern, and Eastern European markets.

Chinese authorities have implemented stricter regulations targeting government officials whose family members reside abroad.

Tianjin expects to reach 13,000 technology-based small and medium-sized enterprises this year.

The China International Law Association is holding its 2026 annual academic conference in Shanghai from April 25 to 26. The Ministry of Foreign Affairs spokesperson addressed questions regarding the trial's anniversary. A spokesperson said that the trial, like the Nuremberg trials, serves to condemn war criminals. China's Ministry of Foreign Affairs stated that the Tokyo Trial judged human conscience and historical justice.

Chinese Foreign Ministry spokesperson Guo Jiakun denied reports that US forces intercepted a vessel departing from mainland China in the Strait of Hormuz. The comments were made during a routine press conference on April 29. China has rejected a joint statement from the United States and five American nations accusing it of politicizing maritime trade to pressure Panama. He characterized Japan's approach as creating small circles and camp confrontation rather than pursuing peace and cooperation. Lin stated that the claims are fabricated and distort the truth. The spokesperson said that the Panama Canal must remain a permanently neutral international waterway. Lin Jian stated that China's position regarding Panama ports is clear and will firmly defend China's legitimate rights. Lin further alleged that the US has long occupied the Panama Canal and trampled on Panamanian sovereignty.

Approximately 2,000 construction workers are currently working on metal structure engineering and sluice gate installation at the Pinglu Canal site. The project aims to enhance land-sea intermodal transport and automation capabilities in the Beibu Gulf. This infrastructure development follows long-term strategic goals for the Western Land-Sea New Corridor. The construction is part of high-standard, high-quality development initiatives in the region.

Heilongjiang provincial authorities are distributing over 50 million yuan in government consumer vouchers across the region. Suihua City is contributing 8 million yuan to the initiative to stimulate local spending. The vouchers cover four major sectors including fuel, catering, supermarkets, and department stores. Zhang Guoli, Deputy Director of the Heilongjiang Provincial Department of Commerce, confirmed the province-wide rollout includes 517 supporting measures. The program aims to support various merchants including retail, accommodation, and dining establishments.

A 29-year-old woman, identified as Wang, was detained at a bus station on Tongren Road. The incident occurred around 17:20 on April 24 after she attempted to intervene in an assault involving a 33-year-old man.

International consensus is forming regarding key performance standards for next-generation sixth-generation fighter jets. Experts suggest these aircraft will function as the core of intelligent aerial combat systems rather than standalone improved planes. The development occurs amid diverse global competition and the rapid evolution of artificial intelligence technology. The shift focuses on moving from stealth capabilities toward omnidirectional, all-aspect performance.