Under the strategic guidance of the two heads of state, China-France economic and trade cooperation has yielded fruitful results in various fields, fully serving as the "ballast" and "propeller" of bilateral relations, He Yadong, spokesperson of China's Ministry of Commerce (MOFCOM), told a press conference on Thursday.
At 02:19 am on Thursday Beijing time, China Eastern Airlines flight MU745, carrying 282 passengers, departed from Shanghai. After a stopover in Auckland, New Zealand, it continued its journey to Buenos Aires, the capital of Argentina.
Chinese business chamber in Europe and analysts on Thursday criticized a new EU policy aimed at beefing up its toolbox against what it called external economic threats, noting that the move is protectionist in nature, and while these measures may serve its purpose of cutting imports from China, securitizing and politicizing economic relations will not contribute to EU's sustainable development and long-term prosperity.
The strength of the Chinese mainland has created the conditions for reunification between the two sides of the Taiwan Straits, and Taiwan residents also sincerely hope to share in national glory and the dignity of a great power, a top executive from a leading company on the island told the Global Times.
Russian President Vladimir Putin on Monday signed a decree granting visa-free entry to Russia for up to 30 days for several categories of Chinese citizens, including tourists, businesspeople, academics, artists, and athletes, according to multiple media reports. Some analysts said the move will further expand economic cooperation and deepen cultural and people-to-people exchanges, strengthening foundation for long-term development of China-Russia relations.
Large-scale railway maintenance machine fleet for export by China to Thailand and Uzbekistan successfully rolled off the production line and passed inspection in Kunming, Southwest China's Yunnan Province on Monday, CCTV News reported.
Six Chinese commercial aerospace companies had their IPO counseling and filing accepted by local securities regulatory bureaus from June 18 to November 27, the Securities Daily reported on Friday, amid faster growth in China's commercial aerospace sector and launches being scheduled for several reusable carrier rockets in the coming months.
Foreign companies are ramping up investment in Chinese supply chains and research and development (R&D) facilities amid the nation's innovation boom, highlighted by the opening of German carmaker Volkswagen Group's first overseas full test center in China.
China's Ministry of Natural Resources (MNR) has published an updated list of advanced mining technologies, with a significant rise in newly added technologies, according to a notice on Tuesday.
China has witnessed an intensive period of treasury bond issuance in recent weeks, which has underscored the government's efforts to ramp up fiscal support for the economy, Chinese analysts said on Monday.
The head of China's state-asset watchdog has urged three centrally administered state-owned enterprises (SOEs) to take the relocation of their headquarters to the Xiong'an New Area in North China's Hebei Province as a new starting point and move faster to build world-class enterprises.
Intel CEO Lip-Bu Tan became the latest foreign corporate chief to showcase his Chinese language skills when he reportedly delivered a speech in Chinese at an event on Wednesday, according to media reports.
China's holdings of US Treasury bonds edged down to $700.5 billion in September from $701 billion in August, according to US Treasury Department data released on Tuesday.
The UK's Ministry of Defense (MoD) has instructed staff not to discuss secrets in cars amid "China spying fears," UK media outlet The Telegraph claimed on Monday. A Chinese expert said on Tuesday that this exposes distrust toward Chinese products, as some in the West, including the UK, relentlessly push unfounded, fear-mongering narratives about Chinese products.
Xi'an in Northwest China's Shaanxi Province recorded a total of 5,063 train runs under the China-Europe Railway Express in the first 10 months of this year, a year-on-year increase of 16.3 percent, data from China State Railway Group showed.
As the Beijing Stock Exchange (BSE) marks its fourth anniversary, 282 innovative small and medium-sized enterprises (SMEs) have been listed on the bourse, the Beijing Daily reported on Sunday.
China announced on Friday a series of adjustments to trade measures, including the suspension of export controls on rare earths, superhard materials and other strategic resources, as well as the reinstatement of soybean import qualifications for three US companies and the lifting of a ban on US log imports.
Nvidia on Friday responded to a Global Times inquiry over alleged "leaked" content from a private chat on a social media platform on Friday, in which Nvidia CEO Jensen Huang allegedly backed up his view that China is winning the artificial intelligence (AI) race with the US with facts and numbers. A Chinese analyst said the constant messages from the Nvidia chief's repeated messages underline his unease over potentially losing the vital Chinese market with the US government restrictions in place.
The success of the semiconductor industry has been built on global collaboration, ASML China said in an interview with the Global Times on Friday.
"Our products have received much exposure at the China International Import Expo (CIIE) and many of our items have become bestsellers. The CIIE really helped us enter the vast Chinese market," Jack Hu Tao, chairman of Pacific Alpaca Home Textile Group, told the Global Times on Wednesday at the 8th CIIE, which is the world's first national-level expo dedicated to imports.
As China maintains a high-standard, open business environment, the China International Import Expo (CIIE) has become a critical platform connecting China with the world, offering broad opportunities, Peter McBride, chairman of New Zealand dairy giant Fonterra, told the Global Times in an exclusive interview on Tuesday.
The European Union has welcomed China's decision to suspend its recently expanded rare earth restrictions for one year, according to media reports. A Chinese expert noted that the EU's response underscores its dependence on Chinese rare earth products and its underlying unease, as the bloc continues to impose restrictive measures that affect bilateral trade and economic relations.
A number of multinational corporations have released their latest quarterly results, with the performance of the Chinese market being a highlight.
The China-India direct air services, which had been on a five-year hiatus, officially resumed on Monday, drawing welcome from travelers, business groups and companies from both countries.
Shopping in China continued to grow in popularity among foreign travelers in September, as a combination of policies — including visa-free transit, convenient payment methods, and departure tax refunds — produced synergistic effects, the Ministry of Commerce (MOFCOM) stated on Monday.
The Chinese and US delegations began talks on economic and trade issues in Kuala Lumpur on Saturday morning, the Xinhua News Agency reported.
At a logistics terminal on the banks of the Yangtze River in Southwest China's Chongqing, rows of newly assembled Chinese-made auto vehicles gleam under the autumn sun, ready to embark on their Belt and Road journeys by rail and sea.
Industrial and supply chains, auto parts and intelligent and smart manufacturing are becoming new competitive advantages of China's automotive industry chain, industry players at the 32nd China-SAE Congress & Exhibition said.
The 32nd China-SAE Congress & Exhibition is being held in Southwest China's Chongqing from October 21 to October 24, 2025. It has attracted over 10,000 representatives from more than 30 countries and regions and over 210 major global auto companies, according to the organizer. From nuts and bolts to chips and power trains, hundreds of original equipment manufacturers have put the vast auto supply chain in China on full display.
German and Chinese car-makers can enhance the quality of new-energy vehicles (NEV) through collaboration, as China makes "magnificent" progress in the development of green transportation vehicles, a senior German expert said at an industry forum held in Southwest China's Chongqing city on Wednesday.
Experts from the European auto sector called for global cooperation and expressed opposition to trade protectionism at an industry forum held in Southwest China's Chongqing Municipality on Wednesday.
The fourth plenary session of the 20th Communist Party of China (CPC) Central Committee will convene in Beijing from October 20 to 23. As the much-anticipated meeting is expected to discuss major issues related to the formulation of the 15th Five-Year Plan (2026-2030), Chinese and foreign experts have noted the unique strengths of China's governance systems, and said the stable development of China will continue to inject certainty to an increasingly volatile world.
Editor's Note: Since 2012, China has witnessed an extraordinary economic transition, with historic achievements in all aspects of the economy from its size to its quality. How could the economy maintain stable growth during a tumultuous period in the global geoeconomic landscape? In October 2015, at the Fifth Plenary Session of the 18th Communist Party of China Central Committee, Chinese President Xi Jinping put forward a new development philosophy featuring innovative, coordinated, green, open, and shared growth, guiding the country in overcoming various risks and challenges, and keeping alive the China economic miracle.
China initiated a challenge at the World Trade Organization (WTO) against India's subsidizing its electric vehicles and batteries on Wednesday, a spokesperson from China's Ministry of Commerce (MOFCOM) said on the same day.
The container ship Istanbul Bridge successfully arrived late Monday (UK time) at Felixstowe, the UK's largest container port, via the Arctic shipping route, marking the completion of the official launch of the world's first China-Europe Arctic container express route, the state broadcaster CCTV reported.
China's soybean imports hit a record high for the month of September, with the country receiving 12.9 million tons of soybeans, data from the General Administration of Customs (GAC) showed on Monday.
Any US restrictions on Chinese airline operations would be detrimental to personnel exchanges between the two countries, a Chinese Foreign Ministry spokesperson said on Friday.
China's State Administration for Market Regulation (SAMR) announced on Friday that it has decided to initiate an investigation into Qualcomm for suspected violation of the Anti-Monopoly Law.
China Huaneng Group Co. and Sinochem Holdings Co., two centrally administered state-owned enterprises (SOEs), officially relocated their headquarters to the Xiong'an New Area in North China's Hebei Province on Thursday, the Hebei Daily reported.
The US' latest move to add several Chinese companies to its entity list over alleged drone parts supplies to Houthi and Hamas is a continuation of US abuse of long-arm jurisdiction and will serve to further disrupts global industrial and supply chains, a Chinese analyst said on Thursday.
China's meteoric rise in new-energy vehicles (NEVs) has made significant contribution to the global green transition in the transportation sector, some participants to the ongoing 2025 World New Energy Vehicle Congress (WNEVC) said.
On September 23, drizzling rain fell upon North China's Tianjin, shrouding the Bohai Bay in the distance in a thin mist. After about 20-minute drive along the Bohai Bay, a "rainbow port" featuring vibrant quay cranes, gantry cranes and containers jump into sight. This is the world's first smart and zero-carbon terminal - a flagship template of world-class green port that Tianjin builds under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.
China's meteoric rise in new-energy vehicles (NEVs) could be attributed to the country's right strategy, rapid deployment and a willingness to listen and learn from international peers, the head of an international automotive engineering body told Global Times at the ongoing 2025 World New Energy Vehicle Congress (WNEVC).
Chinese and European electric vehicle (EV) makers and experts have called for global cooperation and expressed opposition to trade protectionism at the ongoing 2025 World New Energy Vehicle Congress (WNEVC).
China's international operation center for digital yuan was officially launched in Shanghai on Thursday, the Xinhua News Agency reported, citing the People's Bank of China (PBC), China's central bank.
Boosted by a China travel boom and the adoption of the visa-free entry policy since last May, the number of passengers handled by the Tianjin International Cruise Home Port, the top cruise port in northern China, has seen a steady growth this year, data from the local border inspection authority showed, which indicates a sustained recovery of China's cruise tourism after the COVID-19 pandemic.
A number of China-EU railway shipping companies are a seeing slow recovery in cargo flows after the announcement of the reopening of borders between Poland and Belarus, after a shutdown affected trade, including goods carried by the China-Europe freight train service.
The 22nd China-ASEAN Expo (CAEXPO) wrapped up on Sunday, reaping fruitful achievements including forging new consensuses, facilitating trade orders, reaching investment projects and forming artificial intelligence (AI) results, the Global Times learned from the event's organizer on Sunday.
The 22nd China-ASEAN Expo concluding on Sunday, serves as a strategic platform to consolidate the political and economic momentum brought by the recently-concluded negotiations on the Version 3.0 China-ASEAN Free Trade Area (CAFTA 3.0), Ong Tee Keat, president of Belt and Road Initiative Caucus for Asia Pacific (BRICAP), told Global Times in an exclusive interview on Sunday.
China's per capita grain holdings have exceeded 500 kilograms as grain output continues to ramp up to new heights during the 14th Five-Year Plan (2021-25) period, according to the Ministry of Agriculture and Rural Affairs on Tuesday.
The Chinese economy, navigating a complex external environment, has maintained solid growth momentum in August, with highlights in consumption and high-tech investment, demonstrating strong resilience and vitality, official data showed on Monday.
China's railway construction saw stable progress in the first eight months of 2025, with fixed-asset investment expanding 5.6 percent year-on-year, according to the country's railway operator.
A Chinese vice-minister of commerce on Tuesday chaired a roundtable meeting with representatives from a dozen trade firms, import and export chambers of commerce and experts, vowing full support to stabilize the foreign trade sector in the remaining months of the year, according to Chinese commerce ministry.
Australia has a great opportunity to ramp up exports to China and deepen cooperation in high value-added and knowledge-intensive industries in trade with China as the world's second-largest economy pushes for the digital, intelligent and green transformation of services trade, head of Australian accounting organization CPA Australia told Global Times on Thursday.
From wines to health products, Australian brands are attending this year's China International Fair for Trade in Services (CIFTIS) in record numbers, eyeing China's vast market. China provides vast opportunities for Australian products, while Australian goods and services meet China's diverse market needs, a Chinese analyst noted.
Mexican President Claudia Sheinbaum said on Thursday that her government is considering imposing tariffs on imports from countries that do not have trade agreements with Mexico, including China, Reuters reported.
For Hong Kong compatriots, the military parade staged in Tian'anmen Square strengthens national pride and identity, raises awareness of national security, and reinforces confidence in Hong Kong's prosperity and stability under “One Country, Two Systems,” said a delegate from the Hong Kong delegation attending the commemorative activities of the 80th Anniversary of Victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War.
Multiple Chinese localities including Lianyungang in East China's Jiangsu Province, Southwest China's Chongqing Municipality and East China's Shandong Province have accelerated cooperation with Shanghai Cooperation Organization (SCO) countries in various fields, including logistics innovation, industrial cooperation and cultural exchanges. Experts said on Sunday the fruitful results reflect the vitality of SCO economic and trade cooperation, noting that the influence of the SCO will continue to expand, demonstrating new developments, breakthroughs and momentum, which will contribute to global economic stability and prosperity.
The purchasing managers' index (PMI) for China's non-manufacturing sectors reached 50.3 in August, up 0.2 points from the previous month, indicating continued expansion, while the services sector also continued to grow, with its sub-index standing at 50.5 in August, according to National Bureau of Statistics (NBS) data released on Sunday.
China will enhance communication and cooperation with other Shanghai Cooperation Organisation (SCO) member states, actively practice true multilateralism, promote World Trade Organization (WTO) reform in the right direction, and jointly uphold the authority and effectiveness of the multilateral trading system, Chinese officials said at a press briefing ahead of the SCO summit.
China's State Council, the cabinet, on Tuesday released a guideline on deepening the implementation of the Artificial Intelligence (AI) Plus Initiative to promote the in-depth integration of AI and various industries, vowing to achieve extensive and deep integration of AI with six key areas including sci-tech and consumption by 2027.
Amid a marked rise in external uncertainties during the 14th Five-Year Plan period (2021-25), China's foreign trade withstood challenges by expanding the list of trading partners and further securing supply chains, with the country ranking among the top three trading partners for 157 countries and regions in the world, the General Administration of Customs (GAC) said on Monday.
The China Petrochemical Corp (Sinopec), one of the country's three biggest oil companies, on Thursday announced the discovery of more than 165 billion cubic meters (bcm) of proven shale gas reserves in a field located at the junction of Central China's Hubei Province and Southwest China's Chongqing Municipality.
Nearly one in three US businesses said they expect to raise the prices they charged within six months, newsweek.com reported, citing latest findings from a new report from LendingTree, an online lending marketplace.
OpenAI co-founder Sam Altman warned that the US may be underestimating the complexity and scale of China's progress in #AI, and said export controls alone likely are unlikely to be a reliable solution. The remarks made by Altman not only gave a “sober and more realistic” account on the current state of AI competition between the two countries from a technical and industrial viewpoint but also revealed the growing anxiousness of OpenAI and other US tech companies on the rapid rise of Chinese AI companies，say Chinese expert
A number of major projects have made fresh progress recently, highlighting a potential acceleration in the country's infrastructure buildup and supporting overall investment, Chinese experts pointed out on Sunday.
Facing US tariffs, Indian Prime Minister Narendra Modi said on Thursday he will not compromise the interests of the country's farmers, while Brazilian President Luiz Inacio Lula da Silva said he saw no room for direct talks now with US President Donald Trump, according to media reports on Thursday.
US President Donald Trump's announcement of initially “small tariffs” on pharmaceutical imports, which will be eventually scaled up to rates as high as 250 percent, are unlikely to contribute to the stated aim of channeling manufacturing back to the US, a Chinese analyst said.
Southwest China's Xizang Autonomous Region has seen steady economic growth, with its regional gross domestic product (GDP) reaching 276.5 billion yuan ($38.52 billion) in 2024, 155 times that of 1965 - when the autonomous region was established. The region has also registered an average annual growth rate of 8.9 percent, and is projected to surpass 300 billion yuan in GDP this year, according to a press conference held on Tuesday in Beijing.
The fourth batch of ultra-long special treasury bond funds to support the country's consumer goods trade-in program - totaling 69 billion yuan ($9.58 billion) - will be allocated in October, an official with the National Development and Reform Commission (NDRC) announced on Friday.
Washington's 50 percent tariffs on Brazilian imports are set to hurt both the US, the world's largest coffee consumer and Brazil, the world's largest exporter, the head of the Brazilian coffee exporters council Cecafé told the Global Times in an exclusive interview on Sunday.
Chinese-produced video game WUCHANG: Fallen Feathers was released on Thursday, and it climbed to the top of the video game platform Steam global best-sellers. Following the wave of attention generated by Black Myth: Wukong, the release of WUCHANG: Fallen Feathers shows that homegrown games continue to attract widespread interest.
Multiple foreign companies mentioned "China" and "Chinese market" during their earning calls and financial reports on Wednesday and Thursday, a phenomenon a Chinese expert described as demonstrating the importance of the stable Chinese market to multinational firms under the current complex economic landscape.
Chinese Vice Premier He Lifeng will be in Sweden from July 27 to 30 for economic and trade talks with the US upon mutual agreement, China's Ministry of Commerce announced on Wednesday.
India announced on Wednesday that it will open tourist visa applications to Chinese citizens from July 24, 2025. It was the first time in five years since the South Asian country suspended Chinese citizens' tourist visa applications in February 2020.
Origin Wukong, China's independently developed third-generation superconducting quantum computer, has achieved commercial deployment at multiple locations in China, researchers at the Anhui Quantum Computing Engineering Research Center in Hefei, East China's Anhui Province, announced on Monday.
With the Shanghai Cooperation Organisation Summit set to take place later this year in North China's Tianjin Municipality, trade and investment between China and Central Asian countries continues to gain traction as growing digital links and logistics cooperation unlock new opportunities for entrepreneurs and consumers, industry players told the Global Times on Sunday.
Nvidia CEO Jensen Huang said in Beijing on Tuesday that his company is planning to resume sales of its H20 artificial intelligence (AI) chips to China, China Central Television (CCTV) reported.
Despite the negative impacts of US tariffs and its disruption to global trade, China's imports and exports of goods rose 2.9 percent year-on-year in the first half of 2025 to reach $3.04 trillion, driven by the country's strenuous efforts to optimize its foreign trade structure and stabilize economic growth.
Voices from some EU countries and Mexico, among top US trading partners and targets of the latest tariff threats, have slammed the US' move as unfair and damaging while reaffirming their plan to continue trade talks with the US before the tariffs take effect.
Chinese state-owned energy giant China Huaneng Group unveiled on Thursday the world's most powerful direct-drive floating offshore wind turbine in Fuqing, East China's Fujian Province, the Xinhua News Agency reported.
The central banks of South Korea and the UK have warned of the impact of the US tariffs on the global economy, as the US administration threatened steep tariffs on eight more countries and plans to proceed with sweeping new import duties set to take effect on nearly every country starting August 1.
With the 14th Five-Year Plan period (2021-2025) nearing conclusion, China has clocked up a series of landmark achievements, including a resilient economy, solid steps in green transition and unwavering opening up.
China Development Bank (CDB) issued loans of 12 billion yuan ($1.67 billion) in the first half of 2025 to support logistics infrastructure projects, with a sharp increase of 67 percent year-on-year, as the country strives to slash logistics costs to improve the quality of economic operations.
A German pension fund, KZVK, has allocated $50 million to Fullgoal Asset Management (HK) to invest in Chinese equities listed in Hong Kong, the Chinese mainland, and the US, Bloomberg reported on Monday, citing insiders.
A new report from energy think tank Ember finds that 10 BRICS countries accounted for more than half - 51 percent - of global solar electricity generation in 2024, up from just 15 percent a decade earlier.
In response to a media inquiry on whether China will further extend the deadline of an anti-dumping probe on imported brandy from the EU, or impose permanent tariff duties as high as 39 percent ahead of a summit leaders' summit between China and the EU, China's Ministry of Commerce (MOFCOM) spokesperson He Yongqian said on Thursday that the competent authority will make the final ruling on the case in the near future in accordance with Chinese laws and regulations and WTO rules.
Extending new trade routes, especially those across Central Asia and the Caspian Sea, became a recurring theme at a meeting of transport ministers of the member states of the Shanghai Cooperation Organisation (SCO).
Editor's Note: New Zealand Prime Minister Christopher Luxon visited China in June. Being Luxon's first visit to China after he took office, the visit took place as the two countries enter the second decade of their comprehensive strategic partnership and led to the signing of multiple cooperation documents covering customs, food safety, organic product certification, climate change, and cultural heritage. Global Times (GT) reporter Chu Daye spoke with Nancy Lu, a New Zealand Member of Parliament who accompanied Luxon during the trip on the growing appetite among companies in both countries to further expand business ties.
Fostering transportation cooperation holds special significance in ensuring the smooth operation of the global industrial and supply chains in a world facing rising protectionist headwinds, and many of the best practices by China in developing sustainable transportation can be of great value to the world, said participants to the Senior Officials' Meeting of the Global Sustainable Transport Forum.
The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.7 in June, an increase of 0.2 from the previous month, according to data released by the National Bureau of Statistics (NBS) on Monday.
The Civil Aviation Administration of China (CAAC) held a safety work meeting with foreign airlines operating in China to ensure safe operations, CAAC said on Wednesday.
Chinese Premier Li Qiang will attend and address the Opening Ceremony of the 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) Board of Governors in Beijing on June 26, a Foreign Ministry spokesperson announced on Tuesday.
Global investors eye Hong Kong as a robust and reliable safe haven, noting the city's strength in stock markets, wealth management and insurance, Hong Kong Financial Secretary Paul Chan Mo-po wrote in a blog post on Sunday.
Chinese Commerce Minister Wang Wentao talked with EU Commissioner for Trade and Economic Security Maros Sefcovic on Thursday via a video link, the Ministry of Commerce said in a post on Friday. The two sides conducted in-depth and professional exchanges on topics of China-EU economic and trade cooperation including the trade remedy case on electric vehicles, export controls, and market access issues.
Leveraging a new visa-free policy enacted on June 1, Uzbekistan intends to attract one million Chinese tourists in the medium term, Laziz Kudratov, Uzbekistan's minister of investment, industry and trade, told the Global Times in an emailed response on Monday.
White House AI czar David Sacks said on Tuesday (US time) at the AWS Summit in Washington that China is three to six months behind the US in AI, marking one of the latest comments concerning the two country's standings in AI progress, according to media reports.
China's new-energy vehicle (NEV) exports continued to surge in May, as the Chinese NEV industry's economy of scale further manifested itself, along with an expanding global footprint of Chinese auto brands, with their international recognition steadily growing, an industry report said on Monday.
The first meeting of the China-US economic and trade consultation mechanism opened in London on Monday, Xinhua News Agency reported.
China and Central Asia have in recent years continuously strengthened cooperation in a wide range of areas from infrastructure connectivity to trade. The China-Kyrgyzstan-Uzbekistan Railway (CKU Railway), scheduled to begin construction in 2025, is a prime example of growing ties. Global Times (GT) reporter Chu Daye recently interviewed Laziz Kudratov (Kudratov), Uzbekistan's minister of investment, industry and trade, who hailed flourishing ties between China and Uzbekistan and the opportunity presented by the CKU railway to boost trade.
US pressure on Latin America to cut trade with China could cause economic disaster because of Latin America's dependence on trade with China, said Luis Almagro, former secretary-general of the Organization of American States (OAS), the Financial Times reported on Sunday.
The cumulative bond financing of technology-based enterprises on China's bourses stood at 1.2 trillion yuan ($166.61 billion) as of end-2024, with 539 bonds issued in 2024 at a combined value of 610 billion yuan with an annual growth rate of 64 percent, according to a China Securities Regulatory Commission (CSRC) official.
South Korea's manufacturing sector remained highly reliant on overseas market demand, including from the US and China, in 2023, the Yonhap News Agency reported, citing a domestic survey.
China's shoe industry insiders said that Chinese-made shoes and components remain indispensable to the US market, as US shoe-makers have voiced opposition to the tariffs imposed by the US administration.
China's one-year loan prime rate (LPR), a market-based benchmark lending rate, was lowered to 3.0 percent on Tuesday, down by 10 basis points, in the central bank's first cut of the rate this year.
Chinese cruise terminals have witnessed a surge in the number of inbound foreign tourists since the adoption of a visa-free entry policy a year ago, according to state broadcaster CCTV.
A Chinese Foreign Ministry spokesperson on Friday slammed the US over a recent announcement by the US Commerce Department's Bureau of Industry and Security, which claimed the use of Huawei's Ascend chips risks violating US export controls, as well as the bureau's warning to the public about the potential consequences of training Chinese artificial intelligence (AI) models with US AI chips.
Global electric car sales exceeded 17 million units in 2024, reaching a share of more than 20 percent of total vehicle sales, while electric vehicle (EV) sales continued to break records globally, particularly in China and other emerging economies, according to a report from the International Energy Agency (IEA) released on Wednesday.
Chinese e-commerce giants kickstarted the 618 shopping festival on Tuesday with billions of yuan worth of coupons on hand to produce a compound effect on top of the national drive to promote sales of consumer goods.
China and the US released a joint statement on Monday following the China-US Economic and Trade Meeting in Geneva, announcing several key agreements, most notably a significant reduction in tariffs on both sides, which drew global attention and prompted an immediate and positive market response.
China unveiled a set of measures on Sunday to further optimize its departure tax refund policy to better meet overseas tourists' needs and expand inbound consumption. Chinese observers and industry participants said the continued opening up move will elevate China's standing as a global tourist destination and contribute to domestic consumption by giving foreign tourists more benefits.
Editor's Note: The role of the Global South as a stabilizing force in today's increasingly complex and uncertain world has been increasingly highlighted, as unilateralism and protectionism are rampant. How will such a role underpin regional and global development? How will the Belt and Road Initiative (BRI) further boost cooperation among countries in Southeast Asia? In an interview with Global Times' Chu Daye (GT), Ong Tee Keat, president of Belt and Road Initiative Caucus for Asia Pacific and former deputy speaker of the lower house of the Malaysian Parliament, shared his views on these questions as well as China-Malaysia BRI cooperation.
Weeks after the US imposed across-the-board tariffs as high as 245 percent on Chinese goods, Chinese merchants' reactions have turned from shock to anger and then to calm. Now they are working tirelessly to cope with the impact, with the help of relevant actors in the market, the Global Times learned.
As hundreds of global finance leaders descend on Washington for the semi-annual gatherings of the International Monetary Fund (IMF) and World Bank Group, the negative impacts of the US tariffs on the world's least developed countries (LDC) have come under media spotlight.
China and Brazil have accelerated business exchanges lately, with the two countries reportedly discussing a series of agricultural purchase deals. The move is taken against the backdrop that the US has launched reckless trade tariffs, forcing China to take counter measures.
China's GDP grew by 5.4 percent in the first quarter of 2025, higher than broad market expectations as the world's second-largest economy got off to a very strong start and laid a solid foundation for the economy to achieve its goal of growing around 5 percent for the whole year, despite escalating US tariff pressures.
The 100th reusable rocket engine of the TQ series rolled off the production line on Tuesday of a Chinese private space company, a landmark event in the development of the Chinese commercial space industry, according to China Media Group (CMG).
China's foreign trade in goods in the first quarter of 2025 grew by 1.3 percent year-on-year, reaching 10.3 trillion yuan ($1.41 trillion), surpassing 10 trillion yuan for eight consecutive quarters and marking a stable start to the year, as various support policies continue to take effect, official data showed on Monday.
China's total social financing reached 422.96 trillion yuan ($57.82 trillion) as of end-March, up 8.4 percent year-on-year, the People's Bank of China (PBC) said on Sunday. The growth rate was at a relatively high level during the past year and afforded solid support to the real economy, the Xinhua News Agency reported, citing PBC data.
Ports from north to south in China posted robust growth in their throughput in the first quarter, with several achieving best-in-history results. A Chinese analyst said that the performance is an indication of the resilience of China's foreign trade and the broader economy, as the government's incremental policies took hold.
The world's manufacturing purchasing managers' index (PMI) showed a notable decline in business activity last month, with a significant drag from the Americas, according to the China Federation of Logistics and Purchasing (CFLP) on Sunday.
As China wraps up a week in which it hosted two top-level international forums - the China Development Forum (CDF) 2025 and the Boao Forum for Asia (BFA) Annual Meeting 2025 - to drive home its commitment to high-quality opening-up and cooperation, Chinese President Xi Jinping met with representatives of the international business community in Beijing on Friday, telling them China's door will only open wider.
The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the country's largest oil refiner, said its Jiyang shale gas oilfield has officially passed a review and documentation process at the Ministry of Natural Resources to become China's first oilfield with a reserve of 100 million tons of shale oil, news portal stdaily.com reported on Sunday.
China has further expanded the scope of a pilot program that facilitates and optimizes cash-pooling services for multinational companies, in accordance with the guidelines of the Central Economic Work Conference, the People's Bank of China (PBC), the country's central bank, said in a statement on Thursday.
As China's two sessions have set the economic growth target of around 5 percent for 2025, economists and analysts have highlighted boosting domestic consumption, fostering high-tech growth and healthcare-related sector as some of the key grippers to drive the growth momentums of the world's second-largest economy.
The 14th National People's Congress (NPC), China's national legislature, held the closing meeting of its third session on Tuesday. Chinese President Xi Jinping and other leaders attended the meeting at the Great Hall of the People in Beijing.
Amid another wave of high-tech frenzy that began this year, with the rise to fame of the likes of the DeepSeek chatbot and the UniTree humanoid robot, multiple national lawmakers and political advisors from various high-tech fields have noted the importance of applying high-tech in real-life industries and scenarios.
US tariffs have sparked widespread concern among American industry players, economists and media outlets over potential adverse impact on the US economy that could raise costs and burdens for US businesses and consumers, according to several US media reports.
China's GDP target of around 5 percent for 2025 is achievable if the country works hard, boosted by hardcore technologies, people-oriented investment, and an innovative ecosystem, Tian Xuan, a deputy to the National People's Congress (NPC) and associate dean of Tsinghua University's PBC School of Finance, told the Global Times in an exclusive interview.
The development of traditional Chinese medicine (TCM) became a widely discussed topic at China's ongoing two sessions, with deputies and political advisors highlighting its role in supporting the economy and people-to-people exchanges with foreign countries.
Landscape of China's technological development in 2025 will be very interesting, a National People's Congress deputy said on the sidelines of the ongoing two sessions.
China will strive for solid progress in pursuing high-quality Belt and Road cooperation, and will advance both major signature projects and "small and beautiful" public wellbeing projects and produce a number of exemplary cooperative project deliverables, according to a Government Work Report submitted Wednesday to the national legislature for deliberation.
New quality productive forces have great potential in improving efficiency and lowering costs in China's vast agricultural sector, a political advisor told the Global Times on Wednesday on the sidelines of the ongoing two sessions.
The 14th National People's Congress (NPC), China's national legislature, opened its third session on Wednesday morning at the Great Hall of the People in Beijing.
Green development, including green building renovation and innovation in the photovoltaic (PV) industry, is set to be the focal point for some panel discussions during the two sessions, the annual meetings of China's top legislature and top political advisory body, the Global Times learned on Tuesday from a deputy to the National People's Congress (NPC) and a member of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC).
The artificial intelligence (AI) service offered by Chinese AI start-up DeepSeek could impact the world as it becomes increasingly integrated into the Chinese economy, said a member of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top political advisory body.
Quantum computing could reduce the time to train artificial intelligence (AI) from weeks to merely hours, or even shorter, a senior Chinese quantum computing scientist told the Global Times in an exclusive interview on the sideline of China's annual Two Sessions.
The Chinese People's Political Consultative Conference (CPPCC) National Committee, China's top political advisory body, held a press conference on Monday, one day before its annual session, as the eyes of the world turn to China for the two sessions.
A number of foreign infant formula brands scored a win in the Chinese market in 2024, with some recording double-digit growth.
The Perennial General Hospital Tianjin, China's first wholly foreign-owned, third-grade general hospital, commenced operations in North China's Tianjin Municipality on Wednesday, as the country pushes forward its plan to open up its medical sector to foreign investors.
Shanghai Port completed automobile roll-on, roll-off (ro-ro) throughput of 3.63 million vehicles in 2024, an increase of 15 percent year-on-year. The port's auto throughput jumped to the world's No.1 spot for the first time, according to China Media Group (CMG) on Tuesday.
China will continue to ramp up the supply of grains and other important agricultural products to safeguard food security, as the "No. 1 central document" stipulated, said Han Wenxiu, an executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, on Monday.
China unveiled its "No. 1 central document" for 2025 on Sunday, outlining the priorities for further deepening rural reforms and taking solid steps in advancing all-around rural revitalization. The document emphasizes further strengthening the supply of key agricultural products to safeguard grain security and developing new quality productive forces in agriculture, among other tasks.
A number of top scenic sites in China have deployed AI-enhanced exoskeleton robots to assist tourists, the Global Times has learned.
China's holdings of US Treasury bonds fell to $759 billion in December, according to data released by the US Treasury Department on Tuesday (US time). It marked a ninth month of declines in China's holdings of US government debt in 2024, according to the data.
Goods worth more than $292 million were processed by the Chancay Port in Peru, a flagship project under the Belt and Road Initiative (BRI), during the port's first three months of operation, China Media Group (CMG) reported on Tuesday, citing data from Peruvian customs and tax authorities.
Hainan, China's southernmost tropical island province, has announced a draft proposal of major supportive measures to boost the low-altitude economy in the province, according to a report on the provincial government's website on Sunday.
As the first romantic holiday after the Spring Festival holidays, this year's Valentine's Day has seen a surge in spending on flowers and gifts, highlighting expanding consumption as the government focuses on boosting consumption growth.
Drilling on a new swath of ultra-deep crude oil wells in the depths of the Taklamakan Desert, Northwest China's Xinjiang Uygur Autonomous Region, has started after the Spring Festival holiday, the state broadcaster CCTV reported.
Merchants in Yiwu, East China's Zhejiang Province responded to the additional 10 percent tariffs imposed on Chinese goods by US administration of Donald Trump with various measures to beef up the competitiveness of their products, with some businesspeople pointing out the tariff-induced costs will be ultimately passed to consumers in the US.
Chinese satellite Internet solution provider and private satellite maker GalaxySpace and Thai telecom operator True Corporation on Monday inked a deal to carry out in-depth cooperation in low-orbit satellite communication technology, space-to-ground integrated network solutions, and mobile phone direct satellite communication technology to jointly promote the research and development (R&D) and verification of related technologies.
Bullet trains specially designed for icy conditions and cranberries that are being cultivated in space are some of the highlights of "Made in Northeast China" products that are serving the 9th Asian Winter Games.
After work in the Year of the Snake officially started on Wednesday, Chinese localities began to roll out massive investment projects across a wide range of sectors, including those related to new quality productive forces, which an economist said will better support the economy in 2025.
A number of Chinese electric vehicle (EV) brands have announced ambitious sales targets for 2025, with some eyeing over 100-percent year-on-year growth, the Global Times learned on Wednesday.
Responding to a question on US tariffs on Chinese goods, Foreign Ministry spokesperson Lin Jian said on Wednesday that the US has levied a 10 percent additional tariff on Chinese imports under the pretext of the fentanyl issue. China firmly deplores and opposes this move. The measures China has taken are necessary to defend its legitimate rights and interests.
China will impose additional tariffs on certain US products starting from February 10, and the country has filed a lawsuit with the WTO against US tariff hikes, which came into effect on February 4.
Editor's Note: As a new wave of consumption fervor sweeps the nation, China is gathering momentum for an accelerated recovery in 2025. The eight-day Spring Festival holidays have become an "unprecedented" peak season for consumption amid various policies to spur holiday spending, with ice and snow sports and tourism activities being a highlight. This is one of a series of articles displaying the market potential of the world's second-largest economy.
Tencent Cloud, a cloud computing service operated by Chinese internet giant Tencent, announced on Sunday that it has deployed Chinese artificial intelligence (AI) startup DeepSeek's R1 model onto its Hyper Application Inventor application service, enabling developers to seamlessly access the AI service within just three minutes, the company announced in a statement on Sunday.
China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is experiencing a surge in tourism as domestic and foreign tourists took advantage of the country's visa facilitation measures, according to media reports on Sunday.
Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment services provider Society for Worldwide Interbank Financial Telecommunication (SWIFT) showed on Thursday.
Chinese provincial governments are all-out to stabilize foreign trade this year, leveraging a barrage of supportive policies rolled out by the central government since the third quarter last year.
The Chinese Ministry of Commerce (MOFCOM) said on Thursday that it has received reports from domestic companies of concerns over unfair subsidies the Biden administration is giving to US chipmakers, and said that Chinese investigating authorities will review them in accordance with relevant Chinese laws and regulations, and will follow World Trade Organization rules, initiating investigations as required by law.
Several foreign drugmakers have announced debuts for their new drugs in the Chinese market since the beginning of 2025, as the Chinese government continues to push for opening-up in the healthcare sector.
The Communist Party of China (CPC) Central Committee and the State Council have unveiled a guideline to deepen reforms in eldercare services, with an emphasis on integrating the latest technologies to boost service standards in the sector and maintaining a high-level opening-up to foreign investors.
A number of economic powerhouse provinces have announced plans to get the economy off to a good start in the first quarter, with supportive measures covering consumption, investment and an improved business environment.
China State Railway Group Co (China Railway), the country's railway operator, introduced a new national rail timetable on Sunday to enhance the massive railway system's transportation capacity and efficiency.
The move by the US commerce department is yet another attempt to create protectionist barriers to promote the US domestic drone industry, using national security as a pretext, according to an expert.
Trade in the Himalayan region has seen robust growth in 2024, with Nepal's trade with Southwest China's Xizang Autonomous Region skyrocketing by 75.8 percent year-on-year to 4.42 billion yuan ($606 million) in the first 11 months. China and Nepal signed a framework agreement to promote Belt and Road cooperation in early December. The Global Times (GT) reporter Chu Daye recently had an exclusive interview with the Chinese Ambassador to Nepal Chen Song (Chen), during which the envoy shared his views on the latest development of bilateral trade and economic cooperation and China's Belt and Road cooperation with the South Asian country.
Transport infrastructure has played a significant role in driving socio-economic progress of Southwest China's Xizang Autonomous Region, a Chinese expert said, on the occasion of the 70th anniversary of the Qinghai-Xizang and Sichuan-Xizang highways on Wednesday.
North China's Tianjin Municipality granted China's first medical institution practice license to a wholly foreign-owned general hospital on Monday, marking a first move since the country unveiled its plan in November to allow the establishment of wholly foreign-owned hospitals in a number of major cities, a move to further open up its medical sector.
Sales revenues of home appliances under the policy-backed trade-in program reached 201.97 billion yuan ($28.11 billion) as of Friday and green products have become the favorite products for consumers, data from the Ministry of Commerce (MOFCOM) showed on Saturday.
China's railway sector achieved a new record, handling 4.01 billion passenger trips during the first 11 months of 2024, significantly higher than the 3.86 billion handled for the whole year of 2023, according to data from the national railway operator released on Wednesday.
Vietnam on Saturday approved the construction of a high-speed railway connecting the capital Hanoi in the north to Ho Chi Minh City in the south at an estimated cost of $67 billion.
As more than 600 companies from around the globe attend the 2nd China International Supply Chain Expo (CISCE II) in Beijing, which runs through Saturday, the theme of collaboration for mutual development has been further emphasized.
Chinese agricultural sector has achieved a set of technological breakthroughs, with advancements in many areas setting global standards, Dhanin Chearavanont, senior chairman of Thailand's Charoen Pokphand Group, told the Global Times during the second China International Supply Chain Expo (CISCE) in Beijing on Tuesday.
As over 1,300 participants from over 100 countries and regions as well as international organizations attended the opening ceremony of the second China International Supply Chain Expo (CISCE), which kicked off on Tuesday in Beijing, Chinese Vice President Han Zheng called for promoting win-win cooperation, optimization and upgrading as well as green transition of global industrial and supply chains.
The president of Mexico said on Friday local time that Chinese products are not entering the US and Canada through Mexico, and the Mexican government will make that clear in upcoming trade meetings, according to Reuters.
Robust trade between China and Brazil continues to promote mutually beneficial bilateral trade and economic ties, while a number of sectors have profound growth potential, industry insiders from the two countries said.
With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They selectively highlight information and distort facts to promote their narratives like “Peak China,” while ignoring China's economic resilience and growth potential. To set the record straight, the Global Times is launching a multimedia project featuring in-depth articles, analyses and visual arts to provide a balanced and accurate portrayal of the Chinese economy. This is the 17th installment of the series.
China's Ministry of Commerce (MOFCOM), along with the Ministry of Industry and Information Technology, the General Administration of Customs, and the State Cryptography Administration, issued a list on Friday for export control of dual-use items, which will take effect on December 1, MOFCOM said.
China posted improving economic data for October as a series of existing and new support policies took effect. Chinese officials and analysts said that as more of these policies are implemented, economic recovery and growth will be further consolidated.
China's annual output of new-energy vehicles (NEVs) surpassed 10 million units as of Thursday, making it the first country to achieve this milestone, CCTV News reported on Thursday.
Three Chinese ministries rolled out a package of tax incentives to invigorate the real estate market on Wednesday, in what an analyst said would be a sizable boon to support the healthy development of the housing market.
An unassuming plant in Northeast China's Changchun produces a top-quality new material that is widely used in today's high-tech industries. The German investor noted that this is Chinese technology created in China for the world. Success stems from China's robust industrial supply chain, entrepreneurial vigor of its Chinese partners and the favorable conditions unique to China.
The Standing Committee of the 14th National People's Congress, China's top legislature, on Friday approved a bill to raise the local government debt ceiling by 6 trillion yuan ($836.74 billion) to replace existing hidden debts of local governments, according to a press conference held in Beijing on Friday.
A draft revision to the Anti-Money Laundering Law was submitted for a third deliberation at a session of China's top legislature on Monday, according to the Xinhua News Agency.
The number of Australian companies attending this year's 7th China International Import Expo (CIIE) in Shanghai has reached a new record high, underscoring the strong confidence and enthusiasm of Australia's business community for deepening economic ties with China, Minister of Commerce Wang Wentao has said.
With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They selectively highlight information and distort facts to promote their narratives like “Peak China,” while ignoring China's economic resilience and growth potential. To set the record straight, the Global Times is launching a multimedia project featuring in-depth articles, analyses and visual arts to provide a balanced and accurate portrayal of the Chinese economy. This is the 16th installment of the series.Training highly skilled workers is of great significance for China's manufacturing sector take-off, allowing the world's manufacturing hub to adapt to the needs of new industrialization in order to fulfill the goal of Chinese modernization at an early date.
Macao's traditional Chinese medicine (TCM) industry stands to benefit from cooperation in the Greater Bay Area, especially from closer cooperation with Hengqin in South China's Guangdong Province, Choi Peng Cheong, president of the Pharmaceutical Supervision and Administration Bureau of Macao, told the Global Times in a recent exclusive interview.
In mid-October every year, in Heihe, Northeast China's Heilongjiang Province, the last batch of tourists who have come for a taste of the autumn's glamour are hurried off by a fast drop in temperatures.
Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days.
As a major northern gateway, Heihe is a small city in Northeast China's Heilongjiang Province, bordering Russia.
As the first batch of Chilean cherries arrived at Shanghai, more and more Chinese ports will start receiving cherries, the Global Times learned.
Just over 10 months after having set off on its maiden voyage, China's first domestically built large cruise ship, the Adora Magic City, has made 64 voyages and transported about 250,000 passengers, according to state broadcaster CCTV on Monday.
German auto giant Mercedes-Benz said it considers the European Commission (EC)'s tariffs on Chinese electric vehicles "a mistake that can lead to far-reaching negative consequences," and calls for the postponement of the enforcement of the tariff measures, following a crucial EU vote on the EV issue.
A shipment of Kenyan dried wild sea cucumber arrived at the Changsha Huanghua International Airport in Central China's Hunan Province and hit the market on Thursday, marking the first entry of Kenyan dried sea cucumber to China after a protocol granting market access to Kenyan wild-caught aquatic products, the Xinhua News Agency reported on Saturday.
China's Ministry of Commerce (MOFCOM) launched an anti-discrimination investigation on Thursday into Canada's tariff hikes on electric vehicles (EVs) as well as steel and aluminum products imported from China, after initial results uncovered this discriminatory approach.
October 1, 2024 marks the 75th anniversary of the founding of the People's Republic of China. Over the past 75 years, under the strong leadership of the Communist Party of China, the country has made remarkable progress in social and economic development. From a once backward agrarian society, China has transformed itself into the world's second-largest economy, increasingly interconnected with the global economy and offering significant opportunities to the rest of the world. To highlight this, the Global Times is launching a series of articles, with this installment focusing on the country's evolving consumption patterns amid improved living standards
China is making a vital contribution to the global energy shift by providing high-quality and affordable new-energy solutions to overseas clients and investing heavily in its own green energy capacity, analysts and industry experts said on Monday, a day after the fourth anniversary of China's announcement of its "dual carbon" goals.
More than 10,000 apps and services can now be found on the HarmonyOS NEXT, a proprietary operating system (OS) developed by Chinese technology company Huawei, a company executive said over the weekend.
