Although the Beijing 2022 Winter Olympic Games drew to a close on Sunday, the merchandise of the phenomenon panda mascot Bing Dwen Dwen still remains in high demand in China, pushing factories to boost production to placate a long waiting ...
Winter used to be the downtime for farmers in China, but the Beijing 2022 Winter Olympics injected vitality to many rural villagers, such as growing local ski resorts to increasing incomes and empowering the country to push forward the drive ...
The world's largest iPhone factory, operated by Foxconn Technology Group in Zhengzhou, Central China's Henan Province, is on the race to hire at least 20,000 workers prior to the release of new Apple products and as demand for iPhones and ...
China kicked off the first working day in the Year of Tiger on Monday after the national Spring Festival holiday, boosted by stellar displays of athleticism at the Beijing 2022 Winter Olympic Games adding to national pride and high morale ...
China's top regulators have released a sweeping guideline on regulating various aspects of online platform businesses, including their investments in financial institutions, big data-enabled price discrimination against customers and monopolistic behaviors, to promote the industry's sound and sustained development.
China's retail sales, a reflection of nation-wide consumption, rose 12.5 percent in 2021, turning the tables on a 3.9 percent dip in 2020 despite the coronavirus continuing to resurge in the country and bite the global economy, statistics from National ...
China's top economic planner vowed a Sunday to boost holiday consumption during the upcoming Chinese New Year, as new COVID-19 flare-ups in several cities, including Omicron infections in Beijing and Tianjin, sparked concerns about holiday spending.
Despite the ongoing pandemic and geopolitical volatility, most entrepreneurs from China, Japan and South Korea are optimistic about China's economic growth in 2022 and the recently implemented mega trade pact – the Regional Comprehensive Economic Partnership (RCEP), according to a ...
Tianjin Port, the world's ninth largest port in terms of cargo throughput, said its operations remain normal after 21 new confirmed coronavirus cases were detected in the city on Sunday, including cases involving the Omicron variant.
As the Regional Comprehensive Economic Partnership Agreement (RCEP) will take effect at the end of this week, as agreed upon, the business community is awaiting the prospect and potential of the landmark regional trade pact, which is widely believed to ...
Although the two biggest economies in Asia have disputes over the Diaoyu Islands and other issues, Japanese officials said economic cooperation and business exchange between China and Japan need to be enhanced.
The recent flare-up of coronavirus infections in East China's Zhejiang Province, which prompted local governments to implement travel and production restrictions, has created headaches ranging from cut-off logistics to interrupted production for local fabrics and clothing companies, leading many business ...
EU tariffs on steel towers used for wind turbines from China won't result in huge impact to the country's wind turbine exports, as the Asia Pacific region and some countries along the Belt and Road Initiative (BRI) are the crucial ...
Belarus is ready to increase exports to China, boosted by the development of the country's agricultural sector, offering an alternative to Lithuanian products that were previously supplied to China, Belarusian Ambassador to China, Yuri Senko told the Global Times, noting ...
The Chinese contractor of the first metro line in Vietnam and local residents in the Vietnamese capital of Hanoi on Tuesday refuted a recent report by Voice of America (VOA) that claimed lack of riders on the train, stressing that ...
China's Ministry of Education on Monday ordered the temporary removal of homework help apps that allow students to take pictures of their homework and search for answers online, citing the apps' impact on students' independent thinking ability, in another move ...
Following the opening of the China-Laos Railway, a growing number of cities in China immediately rolled out freight trains to Lao capital Vientiane, providing well-timed transport convenience for the Regional Comprehensive Economic Partnership (RCEP) pact which will be implemented within ...
Chinese companies are supplying more than 15,000 tons of fertilizer to Nepal and Chinese diplomats helped getting the desperately-needed material through border checks to help Nepali farmers, Chinese and Nepali officials told the Global Times on Tuesday.
A US judge's decision to drop a reimposition of tariffs on bifacial solar modules ordered by former US President Donald Trump will help enhance cooperation between China and the US in the solar power industry as well as efforts to ...
As Poland considers cutting off its rail link to Belarus due to their heightened diplomatic tensions, many Chinese companies are concerned its knock-on effects because border crossings are a vital channel for China-Europe freight trains.
The Beijing International Big Data Exchange launched a blockchain technology-based data trading contract mode on Friday, bringing the capital city's goal to become a global digital economy hub a step closer.
Xi addresses APEC economic leaders' meeting, calls for open, inclusive devt of Asia-Pacific
The 28th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting is scheduled to be held online on Friday night with leaders of the countries from the most dynamic Asia-Pacific region gathering to discuss how to boost economic recovery while dealing with ...
Chinese photovoltaic (PV) company LONGi is studying to set up production bases in overseas markets, including in India and the US, the head of the company said on Thursday, even as the US has been cracking down on the Chinese ...
Construction of the first batch of China's 10 gigawatt (GW) wind and solar power projects has begun, marking further progress in the country's effort to meet its net zero goals.
China's top market regulator on Saturday issued a notice banning e-commerce platforms from unfair practices such as “raising prices of items before putting them on sale” during the ongoing Double 11 shopping festival, in a bid to promote transparency in ...
China's top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal output has reached a peak in recent years and prices have dropped sharply over the past week.
A systematic legal framework on the protection of personal data has been formed in China as the highly anticipated Personal Information Protection Law came into effect on Monday.
China has been pushing forward the construction of major wind power and photovoltaic (PV) bases in sandy areas, rocky areas and deserts, a practical move under a tangible plan ahead of the opening of the UN Climate Change Conference COP26, ...
Recently, a brand new toilet was transported to a village in Funing county, Southwest China's Yunnan Province, as part of China's efforts to improve public health and sanitation facilities in rural areas that had just eradicated extreme poverty and are ...
The president of the Asian Infrastructure Investment Bank (AIIB) said on Wednesday that rising investment in new energy remains one of the most effective methods to tackle climate change and the global energy crunch, days before the UN COP26 climate ...
Logistical disruptions and labor shortages are straining Chinese manufacturers in Ho Chi Minh City after the southern business hub in Vietnam eased COVID-19 lockdown measures, a local business association said.
China's decision to pilot five-year property tax levies in selected cities on Saturday drew wide attention and discussion, including reportedly resistance hyped up by some Western media outlets. However, Chinese experts said on Sunday that the new move will help ...
The number of people involved in artificial intelligence (AI) in China has increased enormously thanks to the government's commitment to developing the burgeoning AI industry and considerable value placed onto higher education, but it may take another five years for ...
China's efforts to proactively open up its market, firmly safeguard the multilateral trade system and promote the role of the WTO received positive feedback from members at the first day of the WTO's review of China's trade policies and practices, ...
Logistical disruptions and labor shortages are troubling Chinese manufacturers in Ho Chi Minh City after the southern business hub in Vietnam eased COVID-19 lockdown measures, a local business association said.
Shenzhen, China's burgeoning technology hub and a leading demonstration zone, has pushed forward pilot reforms and achieved remarkable results over the past year in building the city into a socialist demonstration area, local officials said on Thursday.
Amid falling smartphone sales and a shrinking telecom market share globally, Chinese tech giant Huawei set up units in four new segments to boost technologies for customs and ports, smart highways, data centers and solar energy, as the US' sanctions ...
The accumulated output at Chinese oil giant Sinopec's major shale gas field in Fuling, Southwest China's Chongqing reached 40 billion cubic meters on Friday, a new high.
The Cyberspace Administration of China (CAC) announced a joint plan with eight other departments on Wednesday to set up governance rules and a system for algorithms in the next three years, in order to avoid the risk of abuses such ...
At the water town of Wuzhen in East China's Zhejiang Province where a high-level annual internet forum puts China's best and brightest tech talent on show surrounded by voices of confidence and resilience from tech luminaries from both home and ...
With the China-Laos Railway set to complete its construction by the end of this year, durian growers in Thailand are looking forward to upgraded access to the lucrative Chinese market where Chinese consumers' appetite for Thai durian continues to rise.
The high-profile Beijing Stock Exchange ran a comprehensive technical test with market participants on Saturday, speeding up the preparation work for imminent trading which insiders said may kick off as early as the end of the year.
Chinese terminal operator COSCO Shipping Ports struck a deal with Container Terminal Tollerort in the Port of Hamburg, Germany by acquiring a 35 percent stake in the German terminal, a move that will boost the port's throughput and efficiency as ...
China's efforts to reach carbon peak by 2030 and carbon neutrality by 2060 might require an investment of up 300 trillion yuan ($46.6 trillion), a prominent Chinese economist said on Thursday, noting that pursuing the goals will not come at ...
The 130th China Import and Export Fair (Canton Fair), one of the largest trade fairs in the world, will resume in-person exhibition in October in South China's Guangdong Province for the first time since the COVID-19 pandemic, Chinese commerce officials ...
Chinese State Councilor and Foreign Minister Wang Yi made a good start wrapping up the first stop in Vietnam and is visiting Cambodia on Sunday, part of the week-long tour to four neighboring countries - Vietnam, Cambodia, Singapore and South ...
As the coronavirus and geopolitical factors added increasing uncertainties to global supply and value chains, ambassadors from Southeast Asian countries to China called for stronger trade ties with the world's second largest economy in a bid to speed up the ...
Amid the 30th anniversary of China-ASEAN dialogue relations, the 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit kicked off on Friday to further explore cooperation in digital economy, epidemic and investment and trade, and Chinese analysts said the deepened ...
Merchants from countries including ASEAN members and those along the Belt and Road Initiative sold local products at the 18th China-ASEAN Expo held in Nanning, South China's Guangxi Zhuang Autonomous Region on Friday. The expo, which facilitates trade and investment ...
A high-profile expo promoting trade and economic cooperation between China and members of the Association of Southeast Asian Nations (ASEAN) is scheduled to kick off on Friday, attracting hundreds of business from around the world as economic cooperation and recovery ...
A senior Chinese industry official said the market penetration rate of new-energy vehicles (NEVs) in China likely reached more than 10 percent in the first eight months of the year, hefty growth for the world's biggest vehicle market, as it ...
China's recent regulatory actions to limit online gaming for minors may inflict pressure on the burgeoning esports market that's worth 145 billion yuan ($22.44 billion), as companies also move to raise the age for esports players in line with the ...
A symposium held by Chinese top market regulator with the country's top Baijiu ("white liquor") producers on Friday concerned liquor stock holders with some seeing the conference a sign of crackdown on the industry after China took sweeping measures to ...
After reaping the benefits from the large amount of personal protective equipment (PPE) exports in 2020, textile mills in China now face an export dip as disruptions in global shipping industry are causing prices to spike, squeezing the profits of ...
The driving effect of robust 5G rollout in China has become prominent as it is bringing increasing profits to local telecom carriers, with more users embracing the technology. China Mobile, the world's No.1 operator by subscribers, said on Thursday that ...
The just-concluded Tokyo Olympics craze is driving China's sports industry to the fast lane. With an ambitious plan to build sports into 5 trillion yuan ($773 billion) industry by 2025, sports equipment makers and industry practitioners expect the sector to ...
Share prices of Chinese online gaming companies tumbled on Tuesday, after a report by the Economic Information Daily, affiliated to Xinhua News Agency, asserted that online games are "spiritual opium", and their impact on teenagers' health should not be underestimated.
China's stock markets ended a losing streak on Thursday with the major indexes rising sharply, following an editorial by the Xinhua News Agency saying the country's recent regulatory changes targeting online platform economy and tutoring businesses are not part of ...
The Supreme People's Court (SPC) of China on Wednesday issued judicial rules to regulate the use of facial recognition, stipulating that no app can require users to provide unnecessary personal information. Specifically, the regulation requires apps to ask for consent ...
Chinese internet companies should take the lead in carbon emissions reduction in a bid to give back to society amid increasingly grim climate change challenges, a senior partner of Boston Consulting Group (BCG) said at a publication release event on ...
China's vast private education sector received a death blow as the country introduced sweeping measures, including barring curriculum-based tutoring institutions from raising money through stock market listings, in a bid to correct disorderly competition in the industry and ease the ...
Telecom companies in Central China's Henan Province are ramping up efforts to repair the telecommunications network, which was hit by the torrential rain that started on Monday, as the deadly rainfall put many base stations out of service, damaged cables ...
The Biden administration would attempt to turn Friday's informal leaders' meeting of the Asia-Pacific Economic Cooperation (APEC) into a geopolitical competition platform serving its purpose of securing regional leadership through Indo-Pacific strategy, instead of caring about people's livelihoods in the ...
China on Tuesday reported a 27.1 percent year-on-year trade growth in the first half of 2021 following 13 consecutive months of growth, shrugging off mounting pressure from a set of challenges, including surging raw material prices, a resurgence of COVID-19 ...
China's trade with the US in the first half of 2021 was outstanding, as growth rate in US dollar terms was the highest among the nation's major trade partners – even if relations between the world's two largest economies remained ...
The halt of the merger between two Chinese game-streaming platforms ordered by market regulator showed that Chinese authorities have stepped up regulation, in a more scientific manner, to stop monopolistic behaviors that stifle market competition, industry observers and antitrust experts ...
China's Foreign Ministry on Thursday stressed that China's policy for opening up to the world and supporting online platforms remain intact, as discussions that a long-feared China-US financial decupling may have started intensified in recent days after Didi Chuxing's regulatory ...
Southwest China's Sichuan Province, a major hog production base in the country, introduced measures to stabilize hog production and pork prices on Wednesday, following the finding of African swine fever (ASF) in the province in March.
Many traders in Ruili, a city in Southwest China's Yunnan Province bordering Myanmar, are worried about their businesses after the city announced a third lockdown on Monday following the detection of three new domestic COVID-19 cases.
Four Central Asian countries which are also members of the Shanghai Cooperation Organization (SCO), presented their local advantages to big Chinese companies at an event in Beijing on Wednesday, aiming to attract more Chinese investment at a time when geopolitics ...
China's top economic planner and market regulator vowed to strengthen market regulation and crack down on urea hoarding after they investigated a local commodity exchange and urea production firms in major Chinese agricultural provinces following fertilizer prices hike.
As China's industrial firms reported slower growth of profits in May amid rising raw material prices, but recovery momentum remains solid given industrial sector's strong resilience against rising risk of US inflationary pressure, according to official data and analysts on ...
Canada, together with the US and a small group of Western countries, released a joint statement to hype topics on Northwest China's Xinjiang Uygur Autonomous Region on Tuesday, the second day of the 47th session of the United Nations Human ...
Shipping backlogs at Yantian Port in Shenzhen, South China's Guangdong Province have forced many carriers to divert vessels to other ports in southern China, leading to greater uncertainties in the shipping industry ahead of its coming peak season as the ...
China's corn imports in May surged nearly four times compared with last year due to the country's strong feed demand and competitive foreign corn prices compared with domestic prices, signaling record high demand in 2021.
Freshippo, Alibaba's fresh-food chain, announced plans to open 10 members-only warehouse supermarkets in China by the end of the year, with the first to open in Beijing on Friday.
The strong presence of Chinese sponsors is drawing attention at the UEFA Euro 2020 after the first top-notch sporting event kicked off on Friday in Rome despite the coronavirus pandemic. Four Chinese companies, among the 12 sponsors of the UEFA ...
Even while the coronavirus pandemic still impedes personnel exchanges in business sector as global travels are disrupted, the world solar industry practitioners were paying attention to a major industry exhibition recently after more than 140 countries and regions around the ...
China's solar companies projected confidence in their global businesses at a major industry fair in Shanghai, even as they face a barrage of challenges, including unfair trade policies and malicious slander pushed by Western politicians and competitors.
Chinese top leadership's announcement on Monday to further relax the country's family planning policy and allow couples to have three children is expected to boost many industries, including the already booming elder-care industry, which is expected to witness explosive growth ...
COVID-19 flare-ups at Yantian Port area in Shenzhen, South China's Guangdong Province have slowed the port's handling capacity to one-seventh of the normal level, even as it started to accept heavy export containers starting from Monday.
China plans to launch a nationwide carbon trading market by June, an official said on Wednesday, showing strengthening efforts to reach the country's ambitious goal of net-zero emissions by 2060.
The global vehicle chip supply crunch has not eased. Some automakers plan to cut vehicle production, and industry sources predict things will get worse before it gets better this year.
When America's top influencer Kim Kardashian saw how fast popular Chinese livestreamer Viya sold 1,5000 bottles of perfume in 2019, the gap between the Chinese and US livestreaming e-commerce industry was brought into sharp relief.
Leading hog and feedstock producers in China are using less soybean meal to lower the country's import dependence on the crop, as feed prices soar and trade tensions and the COVID-19 pandemic pose uncertainty for global trade.
The semiconductor intellectual property (IP) sector in China is growing rapidly by the day, with tens of thousands of chip design companies striving for self-reliance amid an ever-escalating China-US tech rivalry and lingering US crackdown. But they still face challenges, ...
Chinese tech giant Huawei is further stepping up what analysts call self-rescue efforts, as it unveiled a batch of new innovation plans to build its independent ecosystems on Monday, which marks the second anniversary of the US' blacklisting – in ...
In the city of Shihezi, a two-hour drive or some 150 kilometers northwest of Urumqi, regional capital of Northwest China's Xinjiang Uygur Autonomous Region, a factory producing polysilicon demonstrated how Chinese firms, including those in the region, rose to dominance ...
Xinjiang Daqo, a high-purity polysilicon manufacturer in Northwest China's Xinjiang Uygur Autonomous Region, sought to debunk accusations of using “forced labor,” as it opened its doors to solar industry analysts from top financial institutions and journalists from English-language media.
Imports of Chinese finished electronic products containing Wi-Fi modules have been delayed for months in India, leaving some companies with no way out as the South Asian nation lacks the ability to make these devices and the coronavirus onslaught has ...
Thanks to China's rapid growth in electric vehicles (EVs), the world's largest manufacturer of batteries for EVs - Contemporary Amperex Technology (CATL) - has produced nine billionaires, with the number of the mega-rich surpassing that for tech giants such as ...
Four electronic payment providers were chosen by Hong Kong to operate the city's HK$36 billion digital voucher scheme this summer, which is estimated to bring economic growth of 0.7 percentage points this year, Hong Kong's Financial Secretary said on Sunday. ...
China's fast economic rebound from coronavirus has driven up electricity demand, leading to higher consumption of coal which is seeing rising prices, an energy expert said following a meeting requiring coal plants to increase production to the maximum level.
A central bank working paper has suggested improve the onshore market pricing mechanism of RMB exchange rate and establish RMB currency futures market at proper time.
Showing no sign of slackening, the global chip supply shortfall is pushing up the prices of chip wafers and semiconductor products by a steep 20 percent, media reports said.
Ruili in Southwest China's Yunnan Province, the main bridge linking the country with Myanmar, has closed the jade trade fair in the city and suspended the imports of jade from Myanmar following the latest flare-up of novel coronavirus cases, according ...
With the signing of the Regional Comprehensive Economic Partnership (RCEP), upgraded China-ASEAN Free Trade Agreement and upcoming visits by four foreign ministers of ASEAN countries to Beijing, China and ASEAN are set to expand their economic and trade cooperation.
An official notice seeking public comments on a proposed ban on the use of industrial hemp in cosmetics sent the shares of many major hemp growers in China diving on Monday, prompting some growers to look to exports to survive.
Travel to Northwest China's Xinjiang Uygur Autonomous Region gained instant popularity among Chinese tourists on Thursday, which showed their practical support for the region, after some foreign clothing brands announced their refusal to use cotton produced in the region.
This spring, many parts of northern China, including the capital Beijing, have been consistently invaded by sand and dust from Mongolia. The two neighboring countries have been sharing projects for controlling the sand in recent decades, but the dreadful sandstorms ...
China's State-owned Assets Supervision and Administration Commission of the State Council (SASAC) asked centrally administered state-owned enterprises (SOEs) to effectively control the risks of offshore funds on Tuesday in reaction to possible risks including exchange control, exchange rate swings and ...
A global supply crunch and US sanctions on China's leading chipmakers have accelerated the localization of semiconductor industry, with more upstream and downstream firms looking more to the Chinese domestic market and ramping up efforts to break the bottleneck of ...
"I would prefer nursing home when I turn 80 years old instead of being stuck at home with my husband and a nurse," Sun Yahong, 64, a Beijing resident said when thinking of her elderly life.
Amid US government pressure, Facebook has given up a project to lay more than 8,000 miles of fiber cable along the seabed to connect California with Hong Kong, leaving no winner for either the US or China, according to an ...
Ahead of the Quadrilateral Security Dialogue (Quad) meeting on Friday, the US and India have both reportedly hyped up their new limits on China's telecom provider Huawei. Experts interpreted their moves at such a point as "all bluff and bluster" ...
Chinese Premier Li Keqiang on Thursday addressed a series of challenges in various areas of the country's economic and social development, including great uncertainties for growth, mounting pressure on employment and weaknesses in fundamental research, striking a sobering note over ...
Illicit African swine fever (ASF) vaccines will be deal with in China due to their huge latent risks, the agriculture ministry said, while multiple vaccine candidates are undergoing clinical trials after around 1.2 million hogs were culled in China and ...
China's goal to hit peak emissions before 2030 and realize carbon neutrality by 2060 will unleash huge market potential in the new energy sector, on both the demand and supply sides. Experts encourage foreign governments to remove trade barriers to ...
The newly-developed tool to recognize the faces of golden snub-nosed monkeys could be used in the research on a wide range of rare animals, including pandas, a Chinese professor told the Global Times on Thursday.
China's State Administration for Market Regulation (SAMR) fined five community group-buying online platforms on Wednesday citing improper price competition practices, a move that shows the country's strengthening supervision of emerging online businesses and efforts to deter technology giants from becoming ...
China's State Administration for Market Regulation fined 5 community group buying platforms on Wed due to improper price competition practices
China's digital currency, which is now being tested in cities such as Shenzhen, Beijing and Shanghai, is expected to be highlighted at the forthcoming annual two sessions after being written into multiple regional governments' annual work reports.
China's manufacturing activity remained in expansion territory in February, but at a slower pace compared with January, due to the impact of the Spring Festival holidays and COVID-19 flare-ups earlier this year, said analysts.
China has vowed to reinforce its agricultural seed breeding sector to maintain national grain security. The move comes as the central government unveiled the “No. 1 document” for 2021 to renew its emphasis on boosting grain output and food security. ...
Despite wide speculation that China has not so far set a national target for GDP growth in 2021, most of China's provinces and regions have set their own targets above 6 percent this year, signaling confidence to achieve further economic ...
The severe weather gripping the US state of Texas will worsen a global shortage of chips, after power outages forced several semiconductor manufacturing plants in the city of Austin to shut down.
As the Chinese authorities encourage people to stay put over the Spring Festival holidays to reduce the risk of an infection spike, the country's usual massive Chunyun or the Spring Festival travel rush has disappeared, which is replaced by bustling ...
Multiple cities in China have issued consumption vouchers and a variety of benefits, aiming to bolster consumer confidence during the upcoming Spring Festival holiday while containing COVID-19 still remains a vital task for the country.
A massive line-up of containers at Yantian Port in Shenzhen, South China's Guangdong Province, has reached its limits and led to serious congestion there.
As a consequence of China's call for people to stay put during the upcoming Spring Festival holiday to reduce the risk of virus spreading, restaurants are finding that they need more helpers to serve people who dine in or order ...
While China's integrated circuit imports hit a record high of more than $350 billion in 2020, analysts said that semiconductor stockpiling by Chinese companies in response to US technology bans won't last long, but imports of chipmaking machines may continue ...
Ruili Port in Southwest China's Yunnan Province, the largest land port on the China-Myanmar border, said so far it has seen no impacts on cross-border trade following Myanmar's military announcement of a state of emergency on Monday.
As China's official manufacturing Purchasing Managers Index (PMI) and private Caixin manufacturing PMI for January both dropped in January, some analysts said that China's economic rebound may slow in the first quarter due to sporadic COVID-19 outbreaks and strict virus ...
Chip producers in China are churning out wafers to support carmakers around the world while a global shortage of vehicle chips persists, leaving some automakers around the world with no choice but to shut down assembly lines.
The recent defense by HSBC's chief executive of the move to freeze the bank accounts of former anti-government lawmaker Ted Hui in Hong Kong shows the bank's rational stance and respect for Chinese laws, analysts said.
An Asian speaker at a Davos economic forum discussion panel called Monday for pursing multilateralism while the world struggles with COVID-19.
As stricter COVID-19 containment measures and inspections have lifted logistics costs, driving up prices of fresh produce in some major Chinese cities, the country's top economic planner and vegetable vendors in North China said that they expect prices to drop ...
After several provinces and cities in China revealed better-than-expected economic performances in 2020, experts pointed out the containment of COVID-19, structural adjustment and innovation remain top priorities to achieve an outstanding economic recovery this year.
Over the past five years since the China-initiated Asian Infrastructure Investment Bank (AIIB) was founded, the multilateral development bank has thrived out of doubts and ramped up efforts to build a new type of development platform.
On the eve of its fifth anniversary, the Asian Infrastructure Investment Bank (AIIB) has highlighted green, technology-enabled infrastructure and regional cooperation that will shape Asia's recovery in the post-COVID-19 era, reflecting the need for the infrastructure sector to manage short-term ...
China's Foreign Minister Wang Yi has embarked on a four-nation tour of Southeast Asia immediately after finishing his tour in Africa at the beginning of the New Year that marks the 30th anniversary of China-ASEAN dialogue relations.
Cooperation in public health will spearhead China's international cooperation in the coming years, Chinese analysts said, as a key white paper put helping countries to fight the COVID-19 virus as a top focus on Sunday.
Advanced technologies such as gene editing can help China reduce its dependence on livestock imports, Chinese agricultural experts said, after the world's first myostatin gene (MSTN) edited Huyang sheep was born in China, with the technology used to boost the ...
Outgoing US President Donald Trump is seeking to further escalate diplomatic and economic tensions with China through banning US transactions with eight Chinese mobile apps and holding a "political-military dialogue" with the island of Taiwan, in what Chinese experts call ...
Outgoing US President Donald Trump on Tuesday issued a ban on US transactions with eight Chinese mobile apps, in his latest move to further escalate a long-running tech war against China even as he is expected to leave the White ...
The New York Stock Exchange (NYSE) confirmed it no longer intends to delist three Chinese telecom companies - China Telecom, China Mobile and China Unicom (Hong Kong), in a dramatic u-turn coming only days after it announced the move to ...
While the US government is making life difficult for Chinese drone makers by imposing economic sanctions on them, Washington has ignored how these companies have been helping the US in combating COVID-19, and undergoing some high-risk rescue operations.
Eurasian countries have shown great interest in an international digital health code for individuals proposed by China to prevent the spread of the coronavirus, said representatives from various medical associations on Monday.
Shortly after the US government imposed new sanctions on dozens of Chinese companies on Friday, one Chinese mainland-based company said that the move will have no impact on current or future operations, while another said that it is still selling ...
As China continues to churn out and deliver healthcare goods needed by the world amid the coronavirus pandemic, drivers at Shenzhen's Yantian Port in South China's Guangdong Province are anxiously waiting shipping containers.
As China continues to churn out and deliver medical-care goods needed by the world amid the coronavirus pandemic, freight drivers at Shenzhen's Yantian Port in South China's Guangdong Province are anxiously waiting for the shipping containers.
Reconstruction of Shenzhen North Railway Station in South China's Guangdong Province has completed on Friday, marking the first project of its kind in China and showing the country's high-speed railway boasts not only robust and industry-leading technology but also mature ...
Recent outbreaks of COVID-19 in multiple cities are scaring off some Chinese people from going on their annual Spring Festival holiday, with some calling for its cancellation over fears that the annual Spring Festival travel rush, the world's biggest human ...
Removing Chinese firms from global indices due to the Trump administration's blacklisting may lead to a short-term trend of anti-Chinese company moves in the financial sector, but China's economy, military and technology development will not be impeded by Trump's executive ...
In light of mounting claims that global manufacturers are shifting their supply chains away from China this year due to COVID-19, diversification, and China's growing labor costs, some foreign envoys and trade representatives point out that restructuring supply chains will ...
Tropical fruit from Southeast Asian countries was rarely seen in China a decade ago, but now durian from Thailand and mangosteen from Malaysia are regular products for Chinese consumers. Meanwhile, Chinese smartphone brands used to be strange names to users ...
With Chinese President Xi Jinping crediting China-ASEAN relationship as "the most successful and vibrant model for cooperation" in the Asia-Pacific, the bilateral relations between the two economies will navigate toward a diamond decade after 10 years of "golden era" - ...
Despite fallout from the pandemic and disruptions to the world economy, trade between China and Russia, driven by profound political mutual trust and cooperation even in hard times, is strongly resilient and could expand this year to exceed the record ...
Mexico has extended the hand of friendship to Chinese auto related and high-tech companies to invest in the country aimed at strengthening manufacturing and e-commerce sectors in the post-COVID-19 era, the Mexican Ambassador to China Jose Luis Bernal Rodriguez told ...
One of China's distinct solutions to combat COVID-19 pandemic is setting up an international mechanism consisting of a QR health code as proposed by China's top leader over the weekend.
Chinese President Xi Jinping has attended a series of multilateral events in the last days, and put forward China's comprehensive solutions to global challenges, including approaches to fight COVID-19 pandemic, ways to facilitate global economic recovery, and methods to cap ...
The G20 is expected to endorse a plan to extend a debt-servicing moratorium for poor and highly indebted economies in the developing world by six months to mid-2021, said a draft G20 communique, as the coronavirus pandemic has hit the ...
After China and other Asian countries made net zero emissions pledges recently, substantial investment in green infrastructure has reinforced the need for the Asian Infrastructure Investment Bank (AIIB) to focus on more environmentally friendly projects.
Twenty-five-year-old Miao Yujie said he was greatly cheered by the inking of the Regional Comprehensive Economic Partnership (RCEP) on the weekend, because his e-commerce clothing startup, which sells to Southeast Asia, will undoubtedly reap the rewards of an agreement that ...
With China and 14 other economies signing the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, on Sunday, the textile and apparel business will get a strong boost and form a more closely integrated supply chain in ...
Imposing a ban on US investment in 31 companies for a so-called “military link,” denying Taiwan island as part of China… as the hope for a second term quickly fades away, the Trump administration seems to speed up their “crazy” ...
One of the highlights of the bridge will be the 12.4-kilometer cross-sea section, with the main tower topping up at 205 meters and a maximum span of 450 meters.
SMIC's earnings reached record high with the revenue hitting 7.638 billion yuan ($1.15 billion), growing 13 percent from the last quarter.
The long-awaited signing of the world's largest trade pact - the Regional Comprehensive Economic Partnership (RCEP) - is poised to take place this weekend, which experts said signals stronger and more united trade partnerships and more stable supply chains in ...
A coming Joe Biden US presidency is sending global markets higher and injecting notable optimism into China's equity market, as he is expected to move away from a financial decoupling with China, market observers said.
The search volume for Singapore on China's largest online travel agency Trip.com soared 379 percent, after the Southeast Asian country lifted border restrictions for visitors from the Chinese mainland starting from Friday.
As China ramps up efforts to commercialize its 5G network, domestic carrier users now find it inconvenient to hang onto the “old-fashioned” 4G network, with analysts saying the situation reflects discrepancies between 5G's commercial promotion and users' current needs.
For decades, China pursued a mostly export- and investment-driven growth model that powered the once backward nation to becoming the world's biggest trading country and second-largest economy. But in light of a fundamental structural shift in the economy and mounting ...
Chinese fintech giant Ant Group will raise $34.5 billion in dual IPOs in Hong Kong and Shanghai after setting the price of its shares on Monday, making it the biggest IPO in history.
In a bid to strengthen supervision of imported cold-chain foods that may carry COVID-19, Beijing local authorities have ordered all relevant companies to trace the sources and whereabouts of frozen meat and seafood starting November 1.
The arrival of 41 Chinese tourists holding a Special Tourist Visa (STV) in Bangkok on Tuesday, the first batch of foreign tourists after Thailand closed its borders in March to contain COVID-19, has rekindled hope among local tour agents and ...
About 200 Australian firms will attend the 3rd China International Import Expo (CIIE) in Shanghai in November, seeking to expand exports to China despite the Western media's hyping of a “trade war” between the two countries caused by worsening diplomatic ...
China is becoming increasingly significant to US-based electric car producer Tesla, as it is starting to export made-in-China Model 3 vehicles to Europe amid fraying US-China relations.
China has already met 99.8 percent of this year's target to create 9 million urban jobs in the first 9 months of 2020, a Chinese official has said on Monday, describing the country's job market as "stable."
Huawei may face intense competition in the domestic devices market against rivals including Xiaomi, OPPO and Vivo, as well as US brand Apple, if the US semiconductors supply ban on the company stays in place, industry observers say.
The COVID-19 pandemic, which is battering the world and disrupting global travel, gave Jamie Gao the unique opportunity to enjoy an online concert from her idol - popular Chinese boy band TFBOYS.
Even if the US government tightens restrictions on the digital payment platforms managed by China's Ant Group and Tencent Holdings as reported by US media, the subsequent effects will be unsatisfying for US President Donald Trump, analysts said, because what ...
While auto fairs in Detroit and Geneva have been cancelled due to the COVID-19 pandemic, the 2020 Beijing Auto Show — which showcases the latest models and offers a look at the revival of China's auto industry -- has created ...
Qualcomm may become the next company after Intel and Advanced Micro Devices Inc (AMD) to obtain a license from the US government to continue supplying some products to Huawei, considering the US semiconductor maker's huge investment in lobbying and the ...
China on Monday set up three new free trade zones (FTZs) in Beijing, Central China's Hunan Province and East China's Anhui Province, as well as expanding the FTZ in East China's Zhejiang Province. The move demonstrates an effort to further ...
With the US Commerce Department announcing Friday a ban on the use of WeChat and TikTok, the Trump administration has gone to extremes to turn the US market into a slaughterhouse for Chinese firms. Industry observers said this shows President ...
Responding to the demand from 23 universities in the UK, Chinese airline Hainan Airlines is arranging the first batch of chartered flights for Chinese students to start or resume their studies in the UK amid the COVID-19 pandemic.
Tourism analysts estimate the duty-free shopping in Hainan will become a highlight during the upcoming National Day holiday in early October which will give Chinese an eight-day break. Along with an anticipated tourism boom, China's duty-free shopping market is likely ...
With improving economic activity, China's recovery of manufacturing and domestic demand accelerated in August, and retail sales probably grew year-on-year for the first time since the coronavirus outbreak, analysts say.
As the coronavirus battered world economies, China in the second quarter surpassed the US and became Germany's largest export market for the first time, illuminating the prospects for trade and investment cooperation between the world's second-largest economy and the largest ...
From the beaches of the "Hawaii of China" Sanya, to the Mogao Grottoes in Dunhuang, the comeback of Chinese tourists to domestic scenic spots rekindled hope for the heavily-hit tourism industry following the COVID-19 pandemic.
A 62.77-kilometer road on high altitude connecting Gansu and Qinghai provinces in Northwest China started asphalt paving on Wednesday, aiming to shorten the travel time by almost two-thirds next year, which will facilitate tourist and freight transport between the two ...
Chinese tech giant Huawei announced on Sunday it will hold the hotly anticipated Huawei Developer Conference 2020 in Dongguan, South China's Guangdong Province from September 10 to 12, but the much-awaited HarmonyOS smartphones will not be launched either during the ...
Chinese President Xi Jinping and Russian President Vladimir Putin Wednesday respectively sent congratulatory letters to the opening of the Year of Scientific and Technological Innovation between the two countries, according to the Xinhua News Agency.
India's overconfidence in its economic strength and its many challenges against Chinese enterprises will hurt itself more in the longer term amid bilateral tensions and the ongoing COVID-19 pandemic, analysts warned, adding that a tit-for-tat tariff war was unlikely.
Foreign companies that have witnessed China's reform and opening-up firsthand in Shenzhen, the pioneering city in South China's Guangdong Province, said that their businesses flourished in the Chinese market as Shenzhen underwent tremendous transformation over the past four decades, and ...
The integrated and high-quality development of the Yangtze River Delta region, which drives nearly one-quarter of China's GDP growth, will play a more significant role in the economy's revival amid a global recession and escalating tensions with the US.
China's Ministry of Commerce (MOFCOM) said on Thursday that Chinese and US officials will hold trade talks in the “coming days,” offering urgently needed reassurance, after mixed signals from US officials sparked concerns over the phase one trade agreement, though ...
A slew of July economic data showed a steady recovery for the world's second largest economy, which points to an annual expansion despite a global economic recession amid the COVID-19 pandemic.
The meeting between the US ambassador to China and Shanghai mayor, despite deteriorating bilateral relations, has sparked speculation of soothing China-US ties.
China's integrated circuit (IC) industry has seen steady growth in recent years and it will advance the country on the path of self-reliance based on booming domestic demand, industry analysts said Wednesday.
As the US Dollar Index (DXY) lost ground with a decade-low single month decline, analysts warned that the weak dollar cycle has started amid increasing uncertainties of the COVID-19 pandemic and the US presidential election.
After Chinese medical equipment manufacturers rushed to churn out medical supplies for the global battle against COVID-19, concerns about overcapacity of the products have arisen with some media reports alleging that Chinese-made ventilators are suffering from returns.
China aims to make the application of Beidou Satellite Navigation System (BDS) the best among all other navigations, and be more inclusive to provide value-added services including short messaging, satellite based augmentation and international research-and-rescue services, the spokesperson of BDS ...
The high-speed rail project linking Indonesia's Jakarta and Bandung, being constructed by Chinese workers, has progressed well amid the country's COVID-19 prevention and control measures.
The president of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, who was re-elected for a second term at the bank's annual general meeting, told a press conference on Tuesday that the AIIB has enjoyed very good cooperation with ...
The incumbent president of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun has been elected for a second term, the chair of AIIB's Board of Governors announced on Tuesday.
A nearly 500,000 yuan ($71,508) box office presales for the day may not work as a life-saving straw, but would rekindle the hopes of the virus-hit industry amid economic recovery across the country.
After turning in its first contraction on record in the first quarter amid the epidemic, China's economy is back on a growth track in the second quarter, market estimates collected by the Global Times show, a feat that sets the ...
