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US trade coalition urges Trump to reach "phase one" deal with China


Americans for Free Trade, a coalition of more than 150 associations united against tariffs, on Wednesday urged U.S. President Donald Trump to reach a "phase one" deal with China.


A glance at 2020 economy

A glance at 2020 China's economic work
Source: Global Times | 2019/12/8 21:38:40

China focuses on reforming financial sector, expanding opening-up

As risks stemming from China's stock market have been largely eliminated, the nation will focus more on reforming its financial sector while expanding the capital markets' opening-up, an analyst said on Sunday.
Source: Global Times | 2019/12/8 21:33:40

Around the world

China's new energy vehicle manufacturer BYD reached a deal with Keolis Nederland BV on Friday to provide 259 pure-electric, emissions-free buses for the Netherlands, the largest single order the Chinese company has ever landed in Europe.
Source: Global Times - Xinhua | 2019/12/8 21:33:40

Shenzhen's new talent policies will boost Greater Bay Area development: expert

New measures to attract talent from Hong Kong and Macao announced by the Qianhai district in Shenzhen, South China's Guangdong Province will help such professionals settle in the city and boost the development of the Guangdong-Hong Kong-Macao Greater Bay Area, a Hong Kong economist said Sunday.
Source: Global Times | 2019/12/8 21:28:41

Stabilizing growth key for China amid uncertainties

As downward pressure on the Chinese economy is expected to continue in 2020 amid internal and external uncertainties, the policymakers are expected to focus on stabilizing growth next year with larger tax and fee cuts for businesses and more proactive fiscal and monetary stimulus, analysts said on Sunday.
Source: Global Times | 2019/12/8 21:28:40

1st centenary goal within reach

As downward pressure on the Chinese economy is expected to continue in 2020 amid internal and external uncertainties, the policymakers are expected to focus on stabilizing growth and staving off risks next year.
Source: Global Times | 2019/12/8 21:23:40

The sun dawns again on China's photovoltaic sector

China is taking the lead in photovoltaic development globally with an internationally competitive and complete industrial chain.
Source: Global Times | 2019/12/8 20:13:39

China's soybean imports down 4.1 percent: customs

Amid the yearlong China-US trade war, China's soybean imports decreased 4.1 percent in the first 11 months of 2019 year on year, according to data from Chinese customs authority on Sunday.
Source: Global Times | 2019/12/8 18:33:40

Upgrading to 6G too costly, impractical despite heated discussion: expert

A veteran telecommunication industry expert said upgrading to 6G is too costly and impractical at the moment despite the ongoing discussions of the technology, adding that 5G remains the current focus of the industry.
Source: Global Times | 2019/12/8 16:28:39

China's AI market to reach 11.9 bln USD by 2023: white paper

The artificial intelligence (AI) market in China is expected to reach 11.9 billion U.S. dollars by 2023, said a new white paper.
Source: Xinhua | 2019/12/8 15:49:52

Why does World Bank still extend loans to China?

After the World Bank adopted a plan of a reduced loan plan to China, US officials, including President Donald Trump, rushed to blast the move and went as far as calling the bank to stop all loans to China. Their single argument is that China is now rich and does not need the low-interest loans anymore.
Source: Global Times | 2019/12/8 15:28:39

China-US trade down 11.1% from Jan-Nov, still 'positive' in general

China's trade with the US plunged 11.1 percent to 3.4 trillion yuan ($483 billion) in the first 11 months of the year as the long-running bilateral trade war continued to batter both sides, according to customs data released on Sunday. The 11-month decline widened from a 10.6 percent contraction in the first 10 months
Source: Global Times | 2019/12/8 14:47:06

China to take 90% of Chilean cherry exports

China will take up to 90 percent of the total cherries exports from Chile this quarter, according to the Chilean Fresh Fruit Exporter Association on Saturday, as this quarter's first batch of cherries transport by sea arrived in China.
Source: Global Times | 2019/12/8 14:26:25