Major industrial enterprises' profits rose for a third straight month in October, showing that China's economic recovery efforts, with a mix of forceful stimulus measures, are paying off, experts told the Global Times on Monday.
Walt Disney Company, the US entertainment conglomerate, is expediting its business exploration in the Chinese market, fully tapping the market's huge potential in particular in the wake of the pandemic when the world's second largest economy is seeing its consumption ...
National Development and Reform Commission (NDRC), China's top economic planner, vowed on Thursday that the country will continue its efforts to restore consumer confidence and expand consumption, while accelerating the construction of key projects supported by a special 1 trillion ...
China's increasingly optimized regulation on cross-border data flow will be a positive development, which will help relieve the burden on foreign businesses in executing cross-border data transfers, and enhance their confidence in investing in the world's second largest economy, an ...
Along the 1.86-kilometer route connecting Chinese and Mongolian stockyards, several autonomous driving trucks are operating back and forth between coal terminals, one of the most-traded commodities between the two countries.
China will ramp up policy support and provide better services to the private sector, a senior Chinese official said on Monday, as part of the country's broad efforts to promote the nation's private economy, a crucial driving force for the ...
China's first domestically-built large cruise ship, the Adora Magic City, completed its formal delivery on Saturday, a development that experts said marks a breakthrough for China's high-end manufacturing as well as international cooperation.
The upcoming visit by Australian Prime Minister Anthony Albanese to China will further strengthen bilateral economic ties, paving the way for improved trade ties and opening doors for businesses on both sides, Vaughn Barber, chairperson of the China-Australia Chamber of ...
China's manufacturing activity fell back into contraction territory in October, missing market expectations that the official purchasing managers' index (PMI) would maintain momentum from the previous month when the index jumped into expansion territory for the first time in six ...
More listed firms in China have published their third-quarter financial performance reports, which indicate a broad improvement from the second quarter with the nation's economic recovery gaining rising momentum.
State-run Industrial and Commercial Bank of China (ICBC) has opened a yuan-clearing bank in Pakistan, the latest example of how the Chinese currency is gaining momentum in its internationalization course amid a global push toward de-dollarization.
China's Hong Kong Special Administrative Region (HKSAR) aims to reinforce its traditional advantages as an international financial hub and deepen cooperation with industries and firms by implementing an investor entry program for those who have invested HK$30 million ($3.83 million) ...
The Chinese mainland is willing to conduct in-depth communications with Taitung, the island of Taiwan, on promoting cooperation and expanding shipments of sugar apples, a major crop grown in the Taiwan county, and make appropriate arrangements, a mainland official said.
China's A-share market, which continued last week's slump on Monday, is likely to bottom out, gaining traction among foreign investors who are betting on the long-term investment value of the world's second-largest economy despite current economic headwinds.
China's financial regulators will implement macro moves in a "precise and forceful" manner in response to the economic situation, the central bank governor said, as part of the country's broader efforts to bolster market confidence and strengthen the recovery momentum ...
China is highly likely to increase the quota of local government bonds and allow them to be issued ahead of the budget during an upcoming meeting of the Standing Committee of the National People's Congress (NPC), the country's top legislature, ...
China and the EU, two of the world's largest economic powers, should jointly tap into huge cooperation opportunities along their aligned pursuit of clean energy and de-carbonization, instead of letting trade protectionism get in the way, an industry observer told ...
The Chinese Foreign Ministry on Wednesday announced EU foreign policy chief Josep Borrell's China trip and expressed welcome, saying his visit is conducive to the healthy and stable development of China-EU relations. It noted that China is willing to work ...
While wrapping up a “productive” high-level trade dialogue, China and the EU, two of the world's largest economic powers, have made a noticeable step forward in their pragmatic ties, including announcing concrete working mechanisms in different sectors to enhance communications, ...
China will hold the 10th High-level Economic and Trade Dialogue with the EU on Monday in Beijing. The dialogue, the first in-person meeting post-pandemic, has drawn growing attention and is expected to strengthen economic ties between the two parties.
From an airplane to a high-speed railway train, from Beijing's Palace Museum to Shanghai's Bund, from various shopping malls to street snack vendors, there is a throng of tourists across China who are busy hitting the road or spending on ...
With more Chinese phonemakers and chip producers mulling the launch of satellite-enabled terminals following moves by Huawei and Apple, the race among tech companies to connect phones to non-terrestrial networks is set to intensify, industry analysts said, which is conducive ...
Chinese battery manufacturer Gotion High-tech Co has made the largest electric vehicle (EV) battery investment in the US state of Illinois to date, showing that the world's two largest economies could find a "cushioned" area where cooperation can still work ...
China's Consumer Price Index (CPI), a key indicator of inflation, witnessed a turnaround in August, in line with market expectations. This reversal of negative growth seen in the previous month underscores the nation's ongoing recovery in the consumer market amid ...
China's tech giant Tencent debuted its long-awaited artificial intelligence (AI) large language model (LLM) on Thursday, joining other Chinese tech firms which have rolled out their own models amid the global frenzy for generative AI, ignited by the popular ChatGPT ...
The upcoming high-level dialogue between China and Australia, the first in more than three years, is the target of high hopes that bilateral ties, which have been at low ebb in recent years, will go back to a normal track ...
Chinese carrier rocket developer Galactic Energy completes its first-ever sea launch in the Yellow Sea off the coast of East China's Shandong Province late Tuesday, successfully sending four satellites into pre-set orbits, becoming the first private firm in China to ...
In a significant move to further bolster the private sector, a crucial driving force for the country's economic output, China announced on Monday that it has set up a bureau specializing in promoting the private economy's development under the country's ...
Consumer spending witnessed a rise during summer holidays in China, as various sectors welcomed a surge in retail sales.
In a significant move, Guangzhou, capital of South China's Guangdong Province, on Wednesday acted first among major cities to ease home purchase policies, sending a strong signal that the country is resolved to revive its property sector.
Foreign capital, which has contributed enormously to the growth of the world's second-largest economy and made remarkable returns over the past decades, has voiced its firm and clear strategy to root for the economy amid noises stirred up by some ...
Ahead of US Secretary of Commerce Gina Raimondo's visit to China, the US has sent a series of positive signals, from the removal of 27 Chinese entities from its unverified list, to remarks like "the US is not seeking to ...
China and South Africa, two member states of the BRICS bloc, have witnessed their economic ties get closer and bilateral trade follow a steady growth track in recent years despite the COVID-19 pandemic. With their strategic partnership deepening, bilateral cooperation ...
With the EU's strict new battery regulations set to enter into force on Thursday, China's electric vehicle battery producers, which have expanded exports to the bloc in recent years, face rising challenges.
Interim rules for managing generative artificial intelligence (AI) services will take effect in China on Tuesday, marking the nation's latest effort to promote the sound development of the sector while safeguarding national security and the public interest.
China's commercial aerospace sector has been in the fast lane since the start of this year, marked by high-density rocket launches and cutting-edge satellites sent into orbit. Private firms, a rising force in the nation's space industry, are striving to ...
China's commercial aerospace sector has witnessed accelerated growth since the start of this year marked by high-density rocket launches and cutting-edge satellites sent to their orbits. Private firms, a rising force in propelling the nation's space industry, are ramping up ...
China's consumer price index (CPI), a main gauge of inflation, fell in July for the first time in more than two years, as widely expected by the market.
China's consumer price index (CPI), a main gauge of inflation, registered negative year-on-year growth in July for the first time in more than two years, which was expected by the market. Deemed as the possible lowest point over the year, ...
More Chinese cities are rolling out support measures and easing home purchase curbs as they follow through on the top leadership meeting held last month, which called for the optimization of property policies.
With many stimulus measures already in place and more expected to drive consumption and bolster consumer confidence in the world's second-largest economy, foreign-funded firms operating in China have high hopes for a strong recovery in the second half.
Right before graduation from university this summer, Zeng Ke, a 24-year old, has carved out a clear career path for herself: entering a local clothes factory as a gig worker for some time, instead of jostling with millions of fresh ...
Foreign investment and securities firms are betting on a turnaround of China's stock market in the second half, with more stimulus policies landing to boost the economic recovery following a key meeting.
For more than four decades, China, the world's largest automobile market now, has been striving to catch up with the West in both auto engineering and manufacturing. And, the country is constantly building up strengthen in greener battery-powered vehicles.
Following the top leadership meeting on the current economic situation, China' s securities watchdog responded swiftly, vowing more reforms in a bid to revive the capital market and bolster investor confidence.
China's property sector, which has played a major role in fueling the nation's economic growth in recent years, is expected to regain momentum in the second half as restrictive policies are eased in multiple cities following a key leadership meeting, ...
China's top economic planner said on Monday in a notice that it will further build up mechanisms and improve policies to spur the development of private investment, the latest effort to boost the nation's economic growth, which has steadily made ...
A Chinese space company has successfully launched the country's first flat-panel communication satellite with a flexible solar array into orbit on Sunday. The satellite Lingxi-03, developed by Galaxy Space, was launched using a Long March-2D carrier rocket at the Taiyuan ...
Galactic Energy, a private carrier rocket developer, launched its sixth Ceres 1 rocket on Saturday, sending two satellites successfully into orbit. The launch, kicking off the firm's high-density delivery and launch cycle in the second half of the year, marked ...
A passenger places a ride-hailing order on the mobile phone and then a robotaxi without a driver or safety operator at the steering soon rolls up. When the passenger finishes their journey, the ride is charged automatically online... This scenario ...
Consumption, a major driver of China's economic growth, achieved a stellar first-half performance, with a contribution of 77.2 percent to GDP, far above the year-earlier level.
China's Ministry of Commerce (MOFCOM) said on Thursday that it holds an open and welcoming attitude toward a potential visit by US Secretary of Commerce Gina Raimondo, in the latest sign of growing official bilateral exchanges, but the ministry reiterated ...
Chinese Premier Li Qiang said that China's platform economy has provided new space for expanding demand, a new engine for innovative development, new channels for entrepreneurship and recruitment, and new support for public services, which has had a growing and ...
The world's first liquid oxygen, liquid methane carrier rocket blasted off on Wednesday morning from the Jiuquan Satellite Launch Center in Northwest China's Gansu Province, taking a sample payload into orbit.
China's consumer prices stayed flat in June on a yearly basis, maintaining the markedly low inflation trend, while the factory-gate prices of bulk commodities fell further to a record low since 2016, latest official data showed.
Concerns over safety of imported seafood from Japan are on the rise among Chinese importers and consumers, after the Japanese government has moved closer to carrying out a plan to discharge treated radioactive water into the sea from its crippled ...
China has launched the country's first open-source desktop operating system (OS) named OpenKylin 1.0, marking a breakthrough in building independent software system. The move, part of the nation's broader efforts to stand on its own on technology innovation, will narrow ...
Inside several containers located in a vertical farming research center in Shanghai, crops are growing rapidly. Without natural sunlight and soil, they are grown in an indoor space - a micro greenhouse measuring no more than 20 square meters.
A Thai massage, a sip of coffee at a quiet bookstore, a visit to the modern gallery... Tang Yue, a Beijing-based white-collar worker, is seizing the last moment he spends in Bangkok, capital of Thailand, a city where he has ...
China on Tuesday cut the benchmark lending rate loan prime rate (LPR) in line with market expectations, ending nine months without change. It marks the third effort to bring down the nation's policy rates within a week, sending a clear ...
na's mid-year shopping gala, known as “618”, has become more than a domestic e-commerce extravaganza. It's garnering growing attention in Southeast Asian countries, becoming a new growth driver for global cross-border trade.
Chinese monetary authorities are striving to strengthen counter-cyclical adjustment by cutting policy rates, in a bid to prop up market sentiment about the domestic economic recovery in the post-COVID period.
The People's Bank of China (PBC), the country's central bank, continued to inject funds into the financial system through open market operations on Tuesday. Such a move, by way of the short-term bond instrument, is likely to spur rate cuts ...
The Indonesian side will continue its efforts to meet the deadline for the commercial launch of the long-awaited Jakarta-Bandung High-Speed Railway (HSR) in August despite delays during the pandemic and other headwinds, a senior Indonesian official said on Monday.
Like riding a roller coaster, China's XR (extended reality) sector has met with ups and downs during the past two years. Players in the circle are adamant on the emerging trend, waiting for a product that could help boost morale. ...
If you are a fan of a celebrity or an internet influencer, you now have the opportunity to build a closer connection with him or her thanks to the launch of an AI clone product based on the cutting-edge technology ...
While China-Europe relations are at a crossroads amid the discordant “de-risking” calls, bilateral economic ties are expected to strengthen further this year with the revival of China's economy post-pandemic, experts said.
Each time Musk visits China, he attracts much fanfare and receives high-level receptions by senior officials. More importantly, he has consistently pushed forward Tesla's footprint in the country.
The profit decline of China's major industrial enterprises continued to narrow in April with revenues growing faster, official data showed, maintaining a recovery trend.
Fitch Ratings has placed the US “AAA” rating on “rating watch negative,” signaling that the Congressional deadlock around debt ceiling negotiations may get worse, prompting investors to seek safe haven markets and currencies, experts said.
Russian officials have been actively pushing forward settlement in local currencies – the Russian ruble and the yuan – since last year, driven by the vast amount of bilateral trade, which is expected to exceed the benchmark of $200 billion ...
TikTok filed a lawsuit against Montana state government on Monday after it became the first US state to pass a bill last week to ban TikTok app from operating in Montana.
Four days after its inauguration, China's National Administration of Financial Regulation (NAFR) announced a previously held meeting, focusing on the operation of the domestic insurance industry, while stressing its role in strengthening regulation and deepening reforms in the financial sector.
The People's Bank of China (PBC), the country's central bank, on Monday added liquidity to the banking system through its medium-term lending facility (MLF) and reverse repos, while keeping the interest rate unchanged as was widely expected.
China and Australia are expected to see marked improvement in their trade ties with the two countries ramping up efforts to shore up economic cooperation following the recent resumption of high-level visits and dialogues, experts said.
Following 276 days of in-orbit operation, China's reusable experimental spacecraft landed at the scheduled site, injecting impetus to the country's burgeoning commercial space sector which has stepped up efforts to reduce cost and improve efficiency.
China's electricity use, a key barometer of economic activity, accelerated in March as the nation's post-pandemic rebound gathered momentum, prompting manufacturers to maximize production and inspiring consumer confidence.
Retailers in China hold high expectations and confidence in the sector's steady recovery in May, a latest industry survey showed, indicating that consumption is coming back strong with the continuous expansion of domestic demand in the post-COVID period in the ...
The US Fed's latest rate hike to counter its high inflation may cast a shadow on the global economic recovery, experts said, but its impact on China's financial market and monetary policy will be limited, thanks to the latter's ...
China is willing and has the capability to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a senior government official said on Sunday.
China aims to increase soybean and edible oil crop planting areas by 10 million mu this year to strengthen grain production and ensure supplies, in an ongoing effort to improve self-sufficiency, a Chinese official said on Thursday.
China Mobile, a major mobile carrier, became the most valuable stock on the A-share market on Monday morning, beating top distiller Kweichow Moutai, as investors bet on the blossoming digital transformation in the world's second-largest economy.
Hangji, a small town in Yangzhou, East China's Jiangsu Province, known as "the toothbrush capital of China" and "Chinese city of hotel amenities," is sparing no efforts in upgrading the traditional labor-intensive manufacturing industry into technology-driven and high-end branding, in ...
The first 10 registration-based IPOs on the main boards of the Shanghai Stock Exchange and Shenzhen Stock Exchange made their debuts on Monday, a landmark for China's $12.7 trillion stock market, the world's second-largest in market capitalization.
The assets and liabilities of China's top four state-owned banks grew rapidly and their profitability rose steadily last year despite the challenging economic environment. The hard-won achievement reflected the resilience of China's banking sector, which has gotten off to a ...
China's new-energy vehicle (NEV) sector, securing the world's top ranking in production and sales for an eighth consecutive year in 2022, has gone through a period of rapid development and is now entering its explosive growth.
Three years after a livestreaming mentioned rocket sales on Chinese e-commerce sites which sparked wide discussion on China's social media, commercial satellites are now being sold on Taobao to the public -- a first in the world.
The EU has stepped up protectionism and its business environment has worsened in recent years, creating certain difficulties for many Chinese companies investing and operating in the EU, read a report by the academy of China's trade promotion agency.
As trade and economic ties between China and Russia are expected to deepen, the yuan will gain appeal among Russian firms, at a time when the Russian economy is restricted from Western financial networks.
With China's reopening and economic rebound on track, there could be increasing cooperation opportunities between the world's second-largest economy and other economies. For Singapore, bilateral economic ties are expected to expand and deepen this year, experts said, amid the visit ...
China's registration-based IPO system is progressing at an accelerated pace, about one month after the country announced detailed mechanisms and regulations for institutional reform.
Shares of Chinese banks largely rallied on Thursday, despite evolving bank woes in the US and Europe, following the distress of Credit Suisse that day before, which sent a shock wave across global markets.
A stream of Chinese listed firms in the A-share market have reported growing momentum in the first two months of the year, kicking off a good start to the full year, as hopes that the country's economy will steadily rebound ...
China's foreign trade goes off to a steady start in the first two months of 2023, with better-than-expected exports and improved trade quality, easing market concerns over the export outlook of the world's second-largest economy this year.
China's new-energy vehicle (NEV) sector, securing the world's top ranking in terms of output and sales for eighth consecutive year in 2022, has been put under the media spotlight in the world, which will continue to be a strong driving ...
Internet companies, one of the most attracting employer types for college graduates, have kicked off a new round of spring recruitment despite their recent efforts to cut costs, sending a positive signal for the job market.
Chinese telecom and information technology enterprises are coming back to the Mobile World Congress 2023 with enthusiasm to demonstrate their latest innovations and products, in a bid to tap into new business opportunities and gain a bigger footprint in the ...
A growing number of foreign tourism authorities have launched promotional activities in China, hoping to attract Chinese tourists to boost their tourism revenues, which were ravaged by the COVID-19 pandemic.
Chinese authorities have vowed to ensure the supply of fertilizers and stabilize prices as the spring farming season gets underway. Spring farming is key to the full year's harvest, as part of the country's quest to secure people's "rice bowls" ...
A flurry of Chinese tech firms lately revealed their engaging in the AI Generated Content (AIGC) exploration, a heated investment area now following the frenzy of ChatGPT, the AI-enabled chatbot worked out by Silicon Valley-based OpenAI.
Once known as the “golden fault zone” along the southeastern coast of China, Ningde, East China's Fujian Province, has grown from an economic laggard to become a modern and rich city leading the world in lithium-ion battery manufacturing by riding ...
As the seven-day Spring Festival holidays have wrapped up, many infrastructure projects across China have kicked off. Experts said that massive infrastructure investment will continue this year, which will play a leading role in propping up economic growth.
China's GDP expanded 3 percent year-on-year to 121 trillion yuan ($17.93 trillion) in 2022, maintaining a stable expansion as the world's second-largest economy navigated uncharted waters and surmounted headwinds - ranging from the coronavirus and geopolitical tensions to interest rate ...
Galactic Energy, a private Chinese carrier rocket company, carried out the fifth flight mission of its CERES 1 rocket on Monday, sending five satellites into orbit, indicating that the domestic private rocket sector has ushered in a new phase of ...
With the government's subsidies on new-energy vehicles (NEVs) phased out as scheduled, China's NEV market has ushered in a new stage marked by competition. It is time for industry players to improve their core competitiveness by reducing costs and launching ...
With optimized COVID measures and many now recovering from infections, many cannot wait to hit the slopes.
On the first day of December, a box of honey pomelo sent from Zhangzhou to Xiamen, East China's Fujian Province became the nation's 100 billionth parcel shipped in 2022, a milestone which came seven days faster than last year, real-time ...
With local governments announcing measures to boost the COVID-hit auto market, car sales in China, the world's largest auto market, are expected to accelerate in the second half of the year, and full-year sales are unlikely to fall from the ...
The International Monetary Fund (IMF) has lifted the yuan's weighting in the Special Drawing Rights (SDR) currency basket after the IMF Executive Board concluded its quinquennial SDR valuation review.
Spring planting in China's northeastern region, where grain output accounts for one-fifth of the country's total, is gaining steam despite setbacks caused by COVID-19. With agricultural materials and workers gradually moving into place, farming activities are progressing smoothly, local growers ...
As China's commercial space sector has entered a fast development track after the accumulation over past few years, start-ups are attracting more financing along with their robust growth. It is expected the full year of 2022 could see the total ...
China's GDP grew by 4.8 percent in the first quarter of 2022, topping market expectations and maintaining a stable growth even as the March economy was faced with "unprecedented downward headwinds since the first quarter of 2020" due to COVID-19 ...
The head of China's securities regulator has vowed to widen market access while promoting cooperation with US regulators in forging a predictable regulatory environment for listed companies.
With global food prices skyrocketing, the protracted Russia-Ukraine conflict is causing serious risks for global food security. The importance of agricultural safety in China is being elevated to an unprecedented level, with seed security in particular, known as agricultural “chips,” ...
As 6G, the next-generation communication technology, is widely expected to achieve commercialization around 2030, various nations are ramping up research and development efforts, despite the absence of clear technical routes or unified international standards.
Despite the absence of a solid universal definition of metaverse, the buzzword in internet technology world in 2021, it is widely considered as the next evolution of the internet era. As it is so strategically important, central governments from a ...
A new wave of price hikes among new-energy vehicles (NEVs) is set to hit the Chinese market, yet it is unlikely to slow sales in the world's largest NEV market thanks to the robust domestic demand and resilient economic growth, ...
Chinese companies sent seven satellites into space from the Xichang Satellite Launch Center in Southwest China's Sichuan Province on Saturday, aiming to build the nation's first low-Earth orbit (LEO) broadband communication test constellation.
US President Joe Biden announced a ban on all Russian aircraft from American airspace during his State of the Union speech on Tuesday evening, following similar moves by the European Union and Canada, amid the widening sanctions targeting Russia over ...
Three months on, the Beijing Stock Exchange (BSE) is running smoothly after finding its place in the nation's equity market, with rising transaction volume, improving trading mechanism and a lengthening listing queue.
With major infrastructure projects kicking off in early 2022 across multiple provinces in China, fixed-asset investment is on a fast track, which expected to drive economic growth as the world's second-largest economy aims to stabilize GDP rates amid rising challenges, ...
From broadcasting services and real-time weather forecasts, to timing and scoring during events, as well as transportation and medical services, China's 5G technology has been adopted in numerous aspects of the ongoing Beijing 2022 Winter Olympic Games, which is said ...
With the Regional Comprehensive Economic Partnership (RCEP) agreement coming into force for South Korea at the beginning of February, regional trade and economic cooperation among China, Japan and South Korea – the three major economies in East Asia – are ...
Chinese authorities vowed on Thursday to continue strengthening anti-monopoly efforts this year to prevent the disorderly expansion of capital by big platforms with dominant market positions, creating more space for medium-sized, small and micro-sized firms, as well as individual businesses ...
Ties between China and Israel have strengthened, with bilateral trade and economic cooperation continuing to grow over the past two years, despite the disruptions caused by the COVID-19 pandemic, and there remains great potential for future cooperation, as the two ...
The ravaging COVID-19 pandemic has disrupted many sectors across the global economy, posing multiple challenges to enterprises and their manufacturing capacity. But there is one sector that has remained unaffected, witnessing record new development over the past two years: autonomous ...
As the Spring Festival shopping rush, a time-honored tradition in the run-up to the Chinese New Year, kicked off, Chinese consumers are purchasing products ranging from food, clothes to cosmetics with unbridled enthusiasm. This year, the shopping season has been ...
China's coal supply will see a limited impact following the one-month export ban by Indonesia – China's largest import source of thermal coal, experts said, citing the small volume of imports compared with domestic output and the country's already expanded ...
As the new policy will soon take effect, which side will take the first move? Foreign automakers or their domestic partners? Industry observers believe three results are possible: both sides maintaining the status quo, foreign players increasing their share in ...
The Indian government should protect the legitimate rights and interests of Chinese firms in India, Chinese analysts urged, as New Delhi launched investigations into multiple Chinese companies on tax and income issues. An India-based source familiar with the matter told ...
China's GDP is estimated to grow 8 percent in 2021, according to an updated report published by the World Bank on Wednesday, down from the organization's forecast of 8.5 percent in September.
As 2021 draws to a close, the Chinese new-energy vehicle (NEV) market, the largest in the world, has been engaged in a heated discussion around the winding down of subsidies in 2022 - and whether the adjustment may hold back ...
Chinese private rocket firm Galactic Energy successfully completed its second orbital launch on Tuesday, accelerating domestic commercial rockets' industrialization.
China might help the US curb soaring oil prices and fears of inflation by releasing its own crude oil reserves to a certain extent as a favor, experts said on Tuesday. But the US must return the favor with sincerity ...
Hong Kong Exchanges and Clearing Ltd (HKEX) will witness an outburst of secondary listings by US-listed Chinese companies that is expected to bolster the exchange's prospects with more reforms to be worked out to process IPOs.
A potential lockdown in India in response to worrying air pollution levels shows that the country should pay more attention to environmental governance amid its continuous efforts to compete with China as a world-class power, experts said.
China should not assume responsibilities outside its commitments to the World Trade Organization (WTO), Chinese officials and WTO experts said on Thursday, noting that China acknowledges concerns raised by some of its trading partners and will further open up its ...
Chinese analysts on Thursday cautioned that the US may continue to pose uncertainties and risks to China-Canada bilateral ties, and they called on Ottawa to refrain from blindly following Washington in its attempt to contain China, as Chinese and Canadian ...
Chinese semiconductor firms have reported strong profitability in the July-September quarter thanks to price hikes caused by global semiconductor shortages since 2020, which has seriously disrupted the output of electronic products makers and auto manufacturers for months.
Chinese President Xi Jinping announced on Thursday that China will establish a Global Innovation and Knowledge Center for Sustainable Transport and develop a green and digital Belt and Road Initiative at a faster pace, as part of the country's broad ...
China-UK cooperation on zero emission vehicles is expected to remain strong in the future as both nations are ramping up efforts to realize their commitment on zero emissions on a certain deadline, Caroline Wilson, UK Ambassador to China, said on ...
As the IMF warned of “longer-than-expected” disruptions on global supply chains posed by the COVID-19 and cut down growth forecast for global economy, concerns are growing over the severeness of the worldwide problem and its potentially profound pressure on global ...
Chinese President Xi Jinping on Tuesday said China will take the lead by investing 1.5 billion yuan ($233 million) to establish the Kunming Biodiversity Fund, marking the latest effort by the world's second largest economy to address the increasing biodiversity ...
Chinese electric vehicle maker Li Auto denied reports that it has sourced a key auto chipset from the black market at prices 800 times higher than the normal levels, saying that it has sourced from regular channels to ensure supply ...
Some new-energy vehicle (NEV) owners have felt another pinch during the ongoing National Day holidays apart from the normal traffic jams during traditional Chinese holidays when many people hit the road: they are finding it hard to get their electric ...
Over the past two days, Huawei senior executive Meng Wanzhou's return from Canada has ignited the latest surge of national pride, with the Chinese people welcoming her back home with massive and spontaneous celebrations both online and offline. Many people ...
Europe, in the midst of a booming electric vehicle (EV) sector, has become a main target for Chinese automakers to go abroad, exporting their advanced technology and mature supply chains that have experienced rapid growth in the China, the world's ...
Authorities in China's Hong Kong Special Administrative Region (SAR) announced Tuesday that the city will soon lift strict restrictions on individual travel from the Chinese mainland and Macao. Experts said this is a significant move to open amid the COVID-19 ...
China passed its Personal Information Protection Law on Friday, marking the latest addition to the regulatory framework that the country has been ramping up efforts on amid the rapid-growing digital economy.
As China marches toward its second centennial goal, the focus of promoting people's well-being and happiness has shifted from pure high economic growth to boosting common prosperity, an essential requirement of socialism and a key feature of Chinese-style modernization, which ...
A recent series of celebrity scandals, with the latest involving Canadian star rapper Kris Wu Yifan, has triggered the awareness of more brands to manage risks, with many looking to the booming virtual idol sector to increase their digital assets, ...
China's national carbon market, the largest emissions trading system (ETS) in the world, was officially launched on Friday, marking a milestone for the nation's institutional innovation in pushing ahead green development and a crucial step for the country to decarbonize ...
New postings for semiconductor chips development jobs on the official website of Tencent have sparked speculation that the Chinese tech giant is ready to venture into the core technology, joining the club of domestic and foreign internet giants that are ...
Increasingly bright prospect of recreational space travel is bound to be catalyzed following the successful space flight by UK entrepreneur Richard Branson, experts said. China, as a major space power, will also push ahead its planning and technical advances on ...
Chinese authorities released a three-year draft plan for the cybersecurity sector on Monday, aiming to create a nearly $39 billion market for an increasingly crucial part of China's broad efforts to strengthen data protection and ensure the sound growth of ...
China's cyberspace regulator on Monday put three more internet platforms under scrutiny, three days after it announced a review of cybersecurity into the country's top ride-hailing platform Didi Chuxing, indicating the country's resolve to clamp down on data breaches and ...
The chip supply shortage that has been roiling the global auto sector seems to have provided an opportunity for exports of domestic-branded vehicles to grow, thanks to their flexible sourcing ability and stable supply chains, a senior analyst told the ...
One year since the national security law for Hong Kong took effect, many said the city is totally different now.
Chinese electric vehicle (EV) battery producer Envision Group is eying more cooperation in Europe following plans to build a $2.4 billion battery plant in northern France, the company's CEO told the Global Times.
As US President Joe Biden embarked on his first overseas trip to seek deepening ties with his allies at the G7 summit, tensions between the US and China, the world's two largest economies, seem to continue escalating following a ...
Despite the absence of the rumored release of the Home operating system (OS) at Apple's annual Worldwide Developers Conference (WWDC) on Monday (US time), it still sparked wide discussion of the tech giant's efforts in the smart home segment in ...
During the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting, officials reached a consensus on facilitating free and multilateral trade and strengthening regional economic integration. The developments offer a hopeful future for the Asia-Pacific region in an accelerated economic ...
Despite a lot of media coverage about brake problems causing accidents involving Tesla vehicles in China, the US electric vehicle brand isn't likely to see a slump in sales for May, a senior auto expert said Friday.
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 ...
About 30 years ago when Li was still a little boy, he remembered a time when many agricultural researchers across the country came to his hometown in Sanya's Yazhou district, South China's Hainan Province, for plant breeding, because the tropical ...
Constant smears, sanctions and suppression from the West against Northwest China's Xinjiang Uygur Autonomous Region, which target the region's pillar industries and aim to strangle local economic development, have not and will not dent local firms' push and confidence in ...
Despite a downward spiral of bilateral relations between China and Australia that have caused rising difficulties for Australian exporters, they hold hopes that the rift could be eased as their commitment to the world's second largest economy remains.
Despite downward spiraling bilateral relations between China and Australia that have caused many uncertainties for Australian exporters, they hold hopes that the growing rift will be eased as their commitment to the world's second largest economy remains.
From premium watches and tiny but exquisite jewelry, to high-end cosmetics, luxury cars and yachts, a slew of leading international luxury brands are vying for attention during the ongoing China International Consumer Products Expo (CICPE), which runs from Friday to ...
On the first working day after the May Day holidays, which generated travel-related spending with year-on-year growth of 138.1 percent to 113.23 billion yuan ($17.5 billion), consumers in the world's second largest economy now embraced another shopping feast – the ...
China and Germany held intergovernmental consultations via video link on Wednesday with 25 ministers of the two governments participating, which shows the high level and great potential of cooperation between the two countries, and that China-Germany ties play the role ...
The application of China's Digital Currency Electronic Payment (DC/EP), also known as digital yuan, which has already been on a fast development track since last year, is taking another critical step forward with new scenarios in the business-to-business segment and ...
From food, household appliances to vehicles, a majority of Chinese consumers believe that many Western brands could be replaced by Chinese ones, a Global Times survey showed, reflecting the rising confidence in national brands, industry analysts said.
As global automakers – including those in China – grapple with a chip supply shortage that began in the fourth quarter of last year, Chinese auto experts are urging the industry to turn the crisis into an opportunity and set ...
Electric vehicle maker Nio saw its 100,000th car roll off the assembly line on Wednesday, a milestone for the Chinese electric vehicle (EV) start-up since its first vehicle was manufactured nearly three years ago.
Production of Electric Vehicles (EVs), which are already popular in China and growing steadily in the US and Europe, has just ushered in a new player, the Chinese smartphone vendor Xiaomi. The move is not surprising at the moment as ...
Some Chinese rare-earth companies and their downstream firms are finding that their raw materials could not be shipped smoothly from Myanmar, a key supplier of medium and heavy rare earths for China, amid political upheaval in the Southeast Asian nation, ...
A total of 985 breeding pigs from the US arrived in Chengdu, capital of Southwest China's Sichuan Province in a chartered plane, providing a source for China's domestic stock breeding.
China's industrial production continued to gain momentum during the start of 2021, with strong performances in the high-tech and equipment manufacturing sectors, the National Bureau of Statistics (NBS) said on Monday.
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 ...
US President Joe Biden is scheduled to join the first-ever virtual meeting of leaders from Japan, India and Australia on Friday as the country's latest attempt to wield influence in the Indo-Pacific region to contain China.
Lured by favorable policies, an improving business environment and a push for innovation, more businessmen from China's Hong Kong Special Administrative Region (HKSAR) are seeking opportunities in the Chinese mainland while expressing the hope that their hometown could regain steady ...
More Chinese companies are beefing up efforts in the design and production of vehicle chips amid increased awareness of the need to build an independent supply chain for core components as carmakers reel from the global chip shortage.
Different traditional vehicles powered by internal combustion engine, new-energy vehicles (NEVs) have provided a fresh opportunity for Chinese auto brands, which have found it quite hard to make a solid footprint in developed markets for years. In the fast-growing NEV ...
Most Australia-China education businesses reported a fall in business confidence and deteriorating attitudes toward Australian education in China during the past year amid fraught bilateral ties and the COVID-19 pandemic, and most Australian businesses reflected difficulty in diversifying their markets, ...
The A-share stock market in the Chinese mainland raised record high funding for IPOs in 2020 despite the impact of the coronavirus, official data showed. The trend, however, is not likely to continue this year, given the uncertainty arising from ...
Strict inspections of vehicle fleets, flight bans on drones and "low, slow and small" aircraft heightened security checks for packages… Beijing is in full swing for China's most important annual political events as the two sessions period begins next week.
China's central government unveiled the "No. 1 document" for 2021 on Sunday evening, renewing its emphasis on the country's rural area and agricultural sector, while also bringing in more urgent issues such as tackling core bottlenecks in agricultural technologies, strengthening ...
The Chinese mainland A-share market faltered at the close on Thursday, the first trading day in the Year of the Ox, after a strong rally in the morning. The market's moves were within expectations and the equities are likely to ...
Real-time data from ticket platform Dengta, shows China's box office revenues in 2021 reached 10 billion yuan ($1.55billion) as of Tuesday morning, the day before the end of the Spring Festival movie season.
Surviving from the crackdown lead by Trump administration, Chinese video-sharing app TikTok, although still facing uncertainty about its destiny in the US, seemed prepared to take the next move: making foray into the e-commerce sector in the US based on ...
Chinese electric vehicle (EV) producers may discover new opportunities for cooperation and expansion in the US market as the Biden administration aims to promote EVs as a means to achieve its ambitious climate goals.
The newly released revised industry catalog that puts more sectors into the category of encouraged foreign investment took effect on Wednesday, showing that China is determined to open the door for more foreign investment to spur its economic growth.
Cuddling with several friends on home's sofa, watching the annual Spring Festival Gala on CCTV (China's major broadcaster) while furiously trying to snatch a share of the massive digital red packet giveaway run by Chinese internet giants is a common ...
Newly released trade and GDP data for 2020 shows the stellar performance of China's economy despite the COVID-19 outbreak. The world's second-largest economy also attracted the largest amount of foreign direct investment (FDI) last year.
South China's Guangdong Province, a major manufacturing hub in the nation, achieved 2020 GDP growth of 2.3 percent year-on-year against the headwinds that the export-oriented economy faced amid the COVID-19 pandemic, the province's governor said.
If China's economic growth by 2.3 percent last year in spite of the headwinds of COVID-19 can be considered a silver lining to virus-dragged global economy, then the country's central city of Wuhan, the first city that experienced an unprecedented ...
Douyin, the popular short-video sharing platform owned by Chinese start-up ByteDance, launched its in-app payment tool Douyin Pay on Tuesday, a move that aligns with the app's strategic move toward the e-commerce sector while playing a defensive role in the ...
The annual Consumer Electronics Show (CES) in the US, which is being held online for the first time this year due to the ravaging COVID-19 pandemic, has seen Chinese high-tech companies scale down their presence by more than 80 percent ...
After rebounding from the fallout of the COVID-19 pandemic at a speed beating most carmakers' original expectations, China's auto industry now faces a new dilemma – tightening supplies of semiconductors, which serve a key role as a vehicle's brain from ...
