Shen Weiduo
Reporter, Beijing
Business reporter following China’s macro economy and global high-tech firms.
  • Shanghai breaks foreign investment record; Guangdong's GDP surpasses $1.83 trillion in 2023

    China's economic powerhouses, including Shanghai and South China's Guangdong Province, released their "report cards" for 2023 and their respective goals for GDP growth in 2024 on Tuesday, showcasing significant progress in industrial upgrading and an increase in foreign investment.

    By Qi Xijia, Shen Weiduo and Li Xuanmin | 2024/1/23 21:37:20
  • Taiwan's trade restrictive measures on mainland constitute trade barriers: MOFCOM

    After an eight-month investigation, the Ministry of Commerce (MOFCOM) on Friday determined the trade restrictive measures imposed by the island of Taiwan on the Chinese mainland constitute trade barriers, and the spokesperson of the Taiwan Affairs Office of China's State Council also noted that they support the relevant authorities in working out appropriate measures based on the conclusion.

    By Liu Xin and Shen Weiduo | 2023/12/15 21:28:12
  • Chinese economy sustains positive momentum in Nov as policy support takes hold

    China has reported a number of upbeat economic indicators on Friday, the latest sign that the world's second-largest economy has sustained recovery momentum in November even as downward pressure persists due to geopolitical tensions and a slowing property sector. In November, China's value-added industrial output increased by 6.6 percent year-on-year, beating market expectations of 5.6 percent, according to data released by the National Bureau of Statistics (NBS) on Friday. The index is also higher than October's reading of 4.6 percent.

    By Shen Weiduo and Ma Jingjing | 2023/12/15 10:56:30
  • Xi's trip adds stability to China-US ties, injects positivity to intl landscape

    Chinese President Xi Jinping on Saturday evening returned to Beijing after holding a China-US summit meeting and attending the 30th APEC Economic Leaders' Meeting in San Francisco, with expectations from experts from both China and the US that the trip will serve to further stabilize the most important bilateral ties in the world, while they also cautioned about the possible uncertainties from the US side.

    By Chen Qingqing, Bai Yunyi, Xing Xiaojing, Shen Weiduo and Xie Wenting in San Francisco and Yang Sheng in Beijing | 2023/11/19 22:58:40
  • Chinese firms contributing to global energy transformation: LONGi President Li Zhenguo

    Chinese firms have made significant contributions in the energy transformation process globally, Li Zhenguo, president of LONGi Green Energy Technology Co, told the Global Times in an exclusive interview on the sidelines of the 2023 Asia Pacific Economic Cooperation (APEC) conference in San Francisco. He also called for countries to adopt a more open attitude to global trade to accelerate the carbon-neutral process.

    By Shen Weiduo in San Francisco | 2023/11/17 23:45:47
  • Exclusive: Hong Kong's role as a bridge and window gains increasing significance, says city's finance secretary

    In the future, Hong Kong's role as a "bridge" and "window" will only become more significant, Paul Chan Mo-po, Finance Secretary of the Hong Kong Special Administrative Region (HKSAR) government, told the Global Times in an exclusive interview in San Francisco, where he is currently attending the Asia-Pacific Economic Cooperation (APEC) meetings.

    By Chen Qingqing, Bai Yunyi and Shen Weiduo in San Francisco | 2023/11/16 1:52:57
  • China-US high-stakes summit highly anticipated

    The world is anticipating the most significant diplomatic event in the coming days as the Chinese and US presidents are set to meet on the sidelines of the 30th APEC Economic Leaders' Meeting in San Francisco this week, an interaction between the two largest economies that analysts regard is crucial for world peace and development, as well as the collective future and destiny.

    By Chen Qingqing, Bai Yunyi, Shen Weiduo and Qian Jiayin | 2023/11/12 20:15:32
  • Usher Belt and Road cooperation into a new stage of high-quality development

    Chinese President Xi Jinping on Wednesday announced eight major steps China will take to support high-quality Belt and Road cooperation in a keynote speech at the opening ceremony of the third Belt and Road Forum (BRF) for International Cooperation, with guests of the event and Chinese experts acknowledging what China and its partners worldwide have accomplished in the past decade. They're also confident that the encouraging message and promises will start a new journey for another “golden decade.”

    By Yang Sheng, Liu Xin, Li Xuanmin and Shen Weiduo | 2023/10/18 23:40:05
  • China launches Beijing Declaration at BRF to boost global entrepreneurial cooperation

    China initiated the Beijing Declaration for global entrepreneurs at the CEO Conference held during the third Belt and Road Forum for International Cooperation (BRF) in Beijing on Tuesday, calling for efforts to adhere to openness and cooperation, while safeguarding the WTO-centered and rules-based multilateral trading system as uncertainties rise in the global economy.

    By Shen Weiduo and Yin Yeping | 2023/10/17 22:46:02
  • Deals on the 1st day of the 3rd Belt and Road Forum hit a record, highlighting foreign entrepreneurs' confidence in BRI

    On the first day of the third Belt and Road Forum for International Cooperation (BRF), over 1,200 representatives from more than 80 countries and regions have taken on what some describe as a journey of “opportunity hunting,” eyeing establishing new business networks under the Belt and Road Initiative (BRI) – the world's largest platform for international cooperation– to inject certainty into their businesses in an uncertain world and make joint contributions to global economic recovery.

    By Li Xuanmin and Shen Weiduo | 2023/10/17 22:38:43
  • Xiconomics in Practice: Xi-endorsed Juncao technology improves livelihoods across globe, embodies China's commitment for greater good of humanity

    Juncao, which literally means "mushroom" and "grass," can be used, as its name suggests, to grow edible mushrooms, as livestock feed or as a green barrier to stop desertification. It is a patented Chinese project, simple to operate and profitable.

    By Shen Weiduo in Nadi | 2023/10/12 19:46:46
  • Enhanced China-EU interactions would ensure ties stay on right track: analysts

    The past few weeks have witnessed frequent interactions between China and the EU with senior officials meeting, a high-level dialogue covering trade, digital fields and environmental protection convening, and a series of achievements and consensus being made.

    By Liu Xin and Shen Weiduo | 2023/9/29 22:24:09
  • Huawei's new products show ambition for homegrown ecosystem: analysts

    Huawei's launch of a 5G-capable smartphone series in late August is believed to represent a major breakthrough in chip technology after years of US sanctions, and the launch of new products on Monday shows the tech giant's ambitions for constructing a homegrown software ecosystem that could be a game-changer for the global market, analysts said.

    By Shen Weiduo in Shenzhen | 2023/9/27 4:49:00
  • Huawei makes high-profile comeback with launch of all-scenario products amid reported chip breakthrough

    Huawei launched new products ranging from smart screens, the MatePad and watches to the new Harmony OS NEXT system at a highly anticipated event in Shenzhen, South China's Guangdong Province on Monday, making a high-profile comeback to the market amid reported a chip breakthrough and years-long US sanctions.

    By Shen Weiduo in Shenzhen | 2023/9/25 23:13:07
  • China-ASEAN Expo closes with 'record high' deals, promoting regional economy on fast track of recovery

    A record number of investment deals were signed during the four-day 20th China-ASEAN Expo held in Nanning, capital of South China's Guangxi Zhuang Autonomous Region, organizers announced at the closing ceremony on Tuesday.

    By Shen Weiduo in Nanning | 2023/9/19 23:16:23
  • Pulse on China's Economy: High-quality trade, a main growth driver, helps stabilize economy despite pressure

    The 20th China-ASEAN Expo, which concluded on Tuesday in Nanning, South China's Guangxi Zhuang Autonomous Region, saw record numbers of events, cooperation projects and investments. Nearly 2,000 businesses, up 18.2 percent from 2022, showcased their products at the expo. High-tech products such as intelligent equipment became a highlight at the expo. Particularly, Brunei's deal to purchase 30 Chinese big airplanes for more than $2 billion in total became the biggest one in the expo's 20-year history.

    By Shen Weiduo in Nanning and Wang Cong in Beijing | 2023/9/19 21:51:31
  • China can be cooperation priority in anything regarding technology, says Thai tycoon

    China can be a cooperation priority in anything to do with technology, said Vikrom Kromadit, chairman of the Thailand-China Business Council, as he noted that driven by the joint construction of the Belt and Road Initiative (BRI), cooperation potential among China, Thailand and ASEAN will be further released.

    By Shen Weiduo in Nanning | 2023/9/18 22:12:36
  • China-ASEAN NEV industry cluster takes shape due to stronger ties, favorable policies

    A vibrant display of new-energy products ranging from batteries to electric vehicles (EVs) at the ongoing 20th China-ASEAN Expo in Nanning, South China's Guangxi Zhuang Autonomous Region, serves as a prime example of deepening cooperation between China and ASEAN member countries in the emerging field.

    By Shen Weiduo in Nanning | 2023/9/18 20:54:13
  • Li hails China-ASEAN ties as 'most successful, dynamic model' in regional cooperation at key expo

    Chinese Premier Li Qiang hailed the close partnership between China and ASEAN at a key expo event on Sunday, saying the two parties have together created "miracles of economic development" over the past years, as he called for honesty and trustworthiness while forging stronger ties.

    By Shen Weiduo in Nanning | 2023/9/18 0:03:46
  • Expo in S.China offers taste of ASEAN, enhancing bilateral agriculture trade

    From coffee, durian and jackfruit to rice, the 20th China-ASEAN Expo, which opened on Saturday in Nanning, capital of South China's Guangxi Zhuang Autonomous Region, is no doubt a dazzling array of tropical fruits and every kind of agricultural product you can think of.

    By Shen Weiduo in Nanning | 2023/9/17 21:59:31
  • China, ASEAN 'create together economic miracles' in past years, says Chinese Premier Li Qiang, calling for ever-stronger partnership

    Chinese Premier Li Qiang hailed the close partnership between China and ASEAN at a key expo event on Sunday, saying the two parties have been adhering to unity and self-reliance, shoring up peace and tranquility in the region despite global volatility, and they have created together miracles of economic development.

    By Shen Weiduo | 2023/9/17 12:24:35
  • China's medical assistance boosts healthcare development in South Pacific region

    "For this surgery, we have prepared for more than half a year," Xiao Yuehai told the Global Times when talking about the first laparoscopic surgery carried out in Solomon Islands.

    By Guo Yuandan, Liu Yang, Shan Jie, Leng Shumei, and Shen Weiduo in Honiara | 2023/9/14 18:45:41
  • Tightened curbs to further erode Qualcomm market share after Huawei breakthrough; price war may start soon: observers

    The shockwaves caused by the sudden release of Huawei's Mate 60 Pro series have persisted over the past week. As more details emerge, it becomes increasingly evident that a significant breakthrough has been achieved in China's domestic chipmaking technology – a progress that the US has been striving to prevent from through intensified sanctions over the past years.

    By Shen Weiduo | 2023/9/7 18:44:45
  • Dutch export controls come into effect; following Washington 'will only lead to backlash' as China's tech progress continues despite US sanctions: observer

    The Netherlands' export controls on cutting-edge chipmaking tools officially take effect on Friday, a move that coincides with US Commerce Secretary Gina Raimondo's “productive” China visit, while Chinese netizens are getting excited over Huawei's new handset launch despite US curbs.

    By Shen Weiduo and Ma Jingjing | 2023/9/1 23:23:33
  • China willing to promote more trade dialogues with US; Washington urged to meet Beijing halfway: Premier Li

    Chinese Premier Li Qiang expressed China's willingness to have more dialogues over trade issues when he met with US Commerce Secretary Gina Raimondo in Beijing on Tuesday, the second day of the US trade chief's China visit. Meanwhile, Li called for more concrete efforts from the US side to push forward the sound development of relations between China and the US, the world's two largest economies.

    By Shen Weiduo | 2023/8/29 22:31:05
  • GT on the spot: An unforgettable record of PLA naval hospital ship's weeklong visit to Solomon Islands

    With groups of people waving goodbye, China's naval hospital ship the Ark Peace sailed from Honiara Harbor on Saturday morning after it successfully concluded its weeklong visit and dispensing medical services to the Solomon Islands. Similar to its arrival, the shores were filled with crowds bidding farewell, with their sentiments toward the hospital ship evidently profound. For them, the opportunity to receive medical treatment aboard the Ark Peace was a rare one.

    By Guo Yuandan, Liu Yang, Shan Jie, Leng Shumei, and Shen Weiduo in Honiara | 2023/8/27 19:18:35
  • Chinese navy floating hospital docks at Solomon Islands for first time, bringing advanced medical services, goodwill gestures

    Setting sail in early July, the Ark Peace was on its humanitarian medical mission, Mission Harmony 2023, to Kiribati, Tonga, Vanuatu, the Solomon Islands and East Timor. This marks the first time a Chinese naval vessel has visited Kiribati and the Solomon Islands. According to the original plan, the hospital ship docks at one port in each country, providing weeklong medical services free of charge to local people, personnel from Chinese institutions stationed in the country and other overseas Chinese.

    By Shan Jie, Guo Yuandan, Liu Yang, Leng Shumei and Shen Weiduo in Honiara | 2023/8/24 22:39:02
  • Solomon Islands PM 'moved' by aid from Chinese hospital ship

    ​The Prime Minister of Solomon Islands said that he was 'moved' by the generous aid from a Chinese naval hospital ship, which is currently visiting the southern Pacific island nation and providing free medical services to the local people.

    By Shan Jie, Guo Yuandan, Leng Shumei, Shen Weiduo and Liu Yang in Honiara | 2023/8/20 22:46:14
  • China decries US 'economic coercion' over investment ban, vows 'necessary' countermeasure

    China on Thursday scathingly criticized the US government's move to ban new US investment in key technology industries in China, the latest attempt in Washington's relentless crackdown campaign against China. China has lodged stern representations with the US side and vowed to take necessary measures to safeguard its interests.

    By Wang Cong and Shen Weiduo | 2023/8/10 22:26:02
  • Chinese homegrown poultry variety breaks decades-long monopoly by developed countries

    In the early morning on June 16, 2023, a Tanzania Airways flight TC403 touched down at Julius Nyerere International Airport after an over 11-hour journey. Passengers onboard might be unaware that in the underbelly of the plane stood a consignment of special "guests" – 16,500 chicks from Beijing.

    By Shen Weiduo and Zhao Juecheng | 2023/7/23 17:21:58
  • China's first ultradeep water drillship to be delivered in 2024; key advance in nation's deep-sea exploration

    China's first ultra-deepwater research drilling vessel, which can collect samples at depths of more than 10,000 meters, is under construction and set for 2024 delivery, according to Huangpu Wenchong Shipbuilding Co, the builder.

    By Shen Weiduo in Guangzhou | 2023/7/16 21:38:26
  • China State Shipbuilding Corp becomes a front-runner in the world thanks to steadfast efforts

    Standing atop Longxue Mountain, overlooking the sprawling 3.02 million square-meters Guangzhou Shipyard International Co (GSI) in Nansha, South China's Guangdong Province, the dry docks and piers present a bustling landscape.

    By Shen Weiduo in Guangzhou | 2023/7/13 19:05:50
  • World's largest ship elevator at Three Gorges displays China's manufacturing strength

    How to lift a 3,000-ton ship to a height of 113 meters above the ground? An elevator located in Yichang, Central China's Hubei Province, can achieve that feat in just 40 minutes.

    By Shen Weiduo in Yichang | 2023/7/11 21:11:40
  • Huawei unveils new AI model Pangu 3.0 in ChatGPT rush, aiming to 'reshape various industries'

    Chinese tech giant Huawei has launched a new AI model Pangu 3.0 during the Huawei Developer Conference 2023 on Friday, marking a fresh update of its self-developed large language model amid a global frenzy in ChatGPT rush - which is believed to be the latest frontier of AI race between China and the US.

    By Shen Weiduo in Shenzhen | 2023/7/7 17:49:16
  • Chinese NEV makers ramp up industrial chain layout in ASEAN amid booming sales

    Chinese new-energy vehicle (NEV) companies are expanding to Southeast Asian market at an unprecedented speed amid strengthened economic ties, increased political trust, and supported with a slew of preferential policies under the Regional Comprehensive Economic Partnership (RCEP).

    By Shen Weiduo in Shenzhen | 2023/7/5 22:37:04
  • E.China's logistics hub witnesses booming trade among SCO members

    On a recent raining day, workers at the SCO (Lianyungang) International Logistics Park in Lianyungang, a vibrant seaside city in East China's Jiangsu Province, busy themselves atop a striking red and yellow train.

    By Shen Weiduo in Lianyungang | 2023/6/29 20:59:09
  • Ten years on, E.China's port bridges trade between Central and Southeast Asia under BRI

    How can a shipment of Kazakhstan ferrochrome alloy be transported to South Korea? The seemingly straightforward 14-day trip, now a regular choice for traders from both the two countries, involves a series of complex logistics arrangements.

    By Shen Weiduo in Lianyungang | 2023/6/20 21:02:14
  • China, US APEC representatives gather in Beijing, call for efforts to promote regional prosperity ahead of Blinken's visit

    Representatives from China and the US convened at the Asia-Pacific Economic Cooperation (APEC) China CEO Forum 2023 held in Beijing on Saturday, calling for collaborative efforts to promote prosperity in the Asia-Pacific region through the multilateral mechanism in light of the increasing challenges faced.

    By Shen Weiduo | 2023/6/17 21:02:24
  • Top scientists call for closer global cooperation in countering AI risks at industry forum in Beijing

    Amidst the current artificial intelligence (AI) boom triggered by ChatGPT that is sweeping the globe, leading scientists from across the world have again raised their concerns over the potential uncontrolled risks associated with the technology during an industry conference held in Beijing over the weekend.

    By Shen Weiduo | 2023/6/11 20:12:10
  • OpenAI CEO calls for global cooperation on AI regulation, says 'China has some of the best AI talent in the world'

    Sam Altman, the CEO of OpenAI, has called for a global cooperation in setting up the regulatory guardrails for powerful artificial intelligence (AI) systems at an industry forum held in Beijing on Saturday, noting that China can play a significant role with some of its "best AI talent in the world."

    By Shen Weiduo | 2023/6/10 18:03:58
  • Chinese Ambassador has 'constructive' talks with US Treasury official; Washington urged to show 'more sincerity' before further cooperation

    Chinese Ambassador Xie Feng met with Under Secretary of the US Treasury Jay Shambaugh on Friday, during which the two had a “candid, in-depth and constructive” exchange of views on issues of mutual interest, read a statement on the official website of the Chinese Embassy to the US on Saturday.

    By Shen Weiduo | 2023/6/4 21:31:28
  • Short video platform Douyin initiates 11 rules to regulate AI-generated content for platforms

    Douyin, the Chinese version of TikTok, on Tuesday announced 11 regulations and industry initiatives regarding artificial intelligence generated content (AIGC), which shows that domestic platforms are taking a proactive step for the opening of “Pandora's box” as more players rush into ChatGPT-like services, observers said.

    By Shen Weiduo | 2023/5/9 20:48:29
  • First Republic crisis sends shockwaves across market; expert warns over a possible US economic recession

    US regulators have taken over First Republic Bank and struck a deal to sell the bulk of its operations to JPMorgan in an attempt to “save” the troubled lender. It's the third mid-size bank in the US to fail in about two months, with concerns over a systemic contagion spreading further among investors.

    By Shen Weiduo | 2023/5/4 18:33:26
  • Re-engagement of US-China in commerce could be an 'ice-breaking' opportunity: experts

    Before US' Treasury Secretary Janet Yellen laid out the US economic priorities on China on Thursday, the Chinese Ministry of Commerce said China and US commerce officials met in Beijing last week during which the two sides exchanged views on bilateral economic ties. The re-engagement of US and Chinese officials in certain areas such as business and climate could serve as an opportunity for the strained bilateral relations to turn into a positive direction, but Washington needs to show more sincerity for improving the ties, experts said.

    By Chen Qingqing and Shen Weiduo | 2023/4/21 0:23:42
  • Exclusive: Netherlands' accusations of Chinese companies spying untrue, unfair: Chinese Embassy

    Accusations of Chinese companies spying are not based on evidence, untrue and unfair, the Chinese Embassy in the Netherlands said in response to a Dutch intelligence service assessment that hyped “China threats” such as “commercial espionage and covert investments.”

    By Shen Weiduo | 2023/4/19 22:52:14
  • China launches draft regulation for AI-generated content to nurture industry, ensure fair competition amid ChatGPT frenzy

    China's cyberspace authority issued a content regulation draft for artificial intelligence (AI) on Tuesday, voicing clear support for innovation, promotion and application in AI algorithms and frameworks. Meanwhile, it called for efforts to ensure fair competition as domestic industry players have been intensively launching related services amid the worldwide ChatGPT frenzy.

    By Shen Weiduo and Xiong Xinyi | 2023/4/11 22:27:22
  • China, France vow fair treatment for firms, enhanced trade ties in energy, agriculture

    China and France have vowed to enhance trade cooperation and provide a “non-discriminatory” environment in a slew of areas ranging from cosmetics and agriculture to energy in a joint statement released on Friday, a move experts hailed as a “new starting point” for the two nations amid global volatility, while also serving as a clear rejection of calls for “economic decoupling.”

    By Shen Weiduo | 2023/4/7 20:33:06
  • Huawei records 0.9% increase in revenue for 2022, profits slump 69% y-o-y; results 'in line with forecast despite substantial pressures'

    Chinese telecommunications giant Huawei reported a net profit of 35.6 billion yuan ($5.18 billion) for 2022, a slump of 69 percent year-on-year, while rev-enue inched upwards by 0.9 percent to 642.3 billion yuan, a result company executives said is "in line with forecasts despite substantial pressures."

    By Shen Weiduo in Shenzhen | 2023/3/31 21:08:27
  • Japan shooting itself in the foot by caving to US pressure on containing China: expert

    Japan's willingness to blindly follow the US as its pawn in technology containment toward China may cost it dearly, Chinese experts said on Friday.

    By Chu Daye and Shen Weiduo | 2023/3/31 20:27:06
  • Guangdong offers strong subsidies to foreign high-end manufacturers amid upgrading

    Authorities in South China's Guangdong Province promoted policy supports to foreign investors at an event held in Guangzhou on Wednesday, offering strong incentives to major high-end manufacturing projects as the export hub leads China's industrial upgrading push.

    By Shen Weiduo in Guangzhou | 2023/3/29 23:23:39
  • China launches yearlong campaign in strong move to attract foreign investment

    China kicked off a yearlong campaign on Tuesday, themed “Invest in China,” a strong move to attract foreign investment and help foreign companies better understand China's opportunities, as the world's second-largest economy pursues wider opening-up amid rising external uncertainties.

    By Shen Weiduo in Guangzhou and Qi Xijia in Shanghai | 2023/3/28 21:45:49
  • Economists warn of more troublesome spillovers of Western bank crisis despite acquisitions of failed banks

    The acquisitions of the failed Silicon Valley Bank (SVB) and Credit Suisse have temporarily eased fears of an imminent crisis in the West. However, economists worry that the turmoil could cause more potentially troublesome spillovers into the rest of the world, urging policymakers in the US and the EU to find out how the bank crisis started so as to avoid a repeat of 2008 financial crisis.

    By Ma Jingjing, Shen Weiduo and Li Aixin | 2023/3/28 19:44:24
  • China will integrate deeper into global industrial chains to counter anti-globalization trend: minister

    China will integrate deeper into global supply chains, establish an open and cooperative system, and further open up its manufacturing sector to counter combined challenges that threaten the global recovery, a senior official reassured a group of foreign business representatives on Monday.

    By Shen Weiduo | 2023/3/27 22:44:15
  • China reaffirms opening-up, stresses cooperation at Development Forum

    Chinese President Xi Jinping on Sunday reiterated China's commitment to opening-up in a congratulatory letter to a high-level dialogue forum that saw the gathering of officials from international organizations, global executives, and economists, sending a strong signal to participants that the nation will continue to create new opportunities for a world that has been derailed by regional conflicts and disturbances.

    By Shen Weiduo and Li Aixin | 2023/3/27 0:41:11
  • Chinese companies in Russia have confidence in prospects of economic cooperation between two nations: chamber

    The friendship between China and Russia has brought “opportunities and development” to Chinese enterprises, Zhou Liqun, president of the Union of Chinese Entrepreneurs in Russia, told the Global Times on Tuesday, saying that Chinese firms in Russia have confidence in the broad prospects of bilateral economic and trade cooperation.

    By Shen Weiduo | 2023/3/22 17:47:48
  • Investigation into MU5735 Boeing 737 crash still ongoing as case is 'very complicated': CAAC

    China's aviation regulator released a report to disclose the latest progress on the China Eastern MU5735 crash probe on Monday, saying that a technical investigation team has carried out a great deal of work on the case including onsite inspection, personnel interviews and experimental analysis, but since the case is "very complicated and extremely rare," the investigation is still ongoing.

    By Shen Weiduo and Tu Lei | 2023/3/20 19:19:19
  • Chinese Premier's down-to-earth approach at first press conference inspires confidence

    Chinese Premier Li Qiang held his first press conference as China's premier on Monday morning, during which he addressed various key issues concerning the Chinese economy, vowing to further stabilize growth, prices and employment, while making new progress on high-quality development, supporting private businesses and continuing to open up China's market to the world.

    By Wang Cong, Tu Lei and Shen Weiduo | 2023/3/13 22:28:05
  • Chinese market attractive to US firms; majority have no plans to relocate operations: AmCham survey

    Many US companies still find the Chinese market an attractive investment destination, with a large majority of them saying they have no plans to relocate operations elsewhere, though increasing rivalry between the world's two largest economies casts shadows over bilateral ties, a survey by the American Chamber of Commerce in China (AmCham China) revealed Wednesday.

    By Shen Weiduo | 2023/3/1 17:40:27
  • China unveils blueprint for propelling digital development through 2035

    The Communist Party of China (CPC) Central Committee and the State Council unveiled guidelines for digital development in the world's second-largest economy on Monday, unfolding the blueprint and timeline for construction of a “digital China” through strengthening 5G and computing.

    By Shen Weiduo | 2023/2/27 23:49:12
  • Global conglomerates busy scheduling China visits: Commerce Ministry

    The headquarters of more than 10 multinational companies are coordinating with the Ministry of Commerce (MOFCOM) to arrange business visits to China, including Apple, Pfizer and the Mercedes-Benz, MOFCOM spokesperson Shu Jueting told the Global Times during a press conference on Thursday.

    By Shen Weiduo and Tu Lei | 2023/2/23 19:42:48
  • China to expand pilot area for GM soybeans, corn, will strengthen supervision

    China's Ministry of Agriculture and Rural Affairs vowed on Tuesday to further expand the scope of pilot projects for the industrialization of genetically modified (GM) corn and soybeans, in what industry observers called a significant step to the legalization of GM crops in the world's second-largest economy amid efforts to bolster its food security.

    By Shen Weiduo | 2023/2/21 22:03:19
  • Canada, China have 'more common grounds than disagreements': official

    It is hoped that the Canadian government can treat Chinese firms fairly, Chinese Vice Minister of Commerce Wang Shouwen said on Thursday, noting that though some "misunderstandings" remain, Canada and China have "extensive common interests, and common grounds are far greater than disagreements."

    By Shen Weiduo | 2023/2/17 1:29:22
  • China's Baidu plans to launch ChatGPT – style bot ERNIE in March: company

    Chinese tech company Baidu is expected to launch a ChatGPT-style bot, named ERNIE Bot, which will open for public use in March, making it the first among its Chinese counterparts in joining a global race in the artificial intelligence (AI) chatbot sector after OpenAI's ChatGPT prompted widespread attention.

    By Shen Weiduo and Tu Lei | 2023/2/7 21:15:40
  • China's growth 'clearly positive' for world, spillover 'particularly strong' in nations with closer trade ties: IMF official

    The roaring comeback of the world's second-largest economy could contribute greatly to global growth in 2023 driven by a strong consumption rebound, said a senior official with the International Monetary Fund (IMF), noting that the impact of China's growth will be "clearly positive", and "particularly strong" in nations and areas where China has closer trade ties.

    By Liu Yang and Shen Weiduo | 2023/2/3 22:53:12
  • Foxconn Zhengzhou plant's production, shipments recover

    Foxconn's Zhengzhou plant in Central China's Henan Province, the largest manufacturing base for Apple's iPhone, has rapidly recovered and it achieved about 90 percent of its anticipated peak capacity in December, Foxconn confirmed to the Global Times on Tuesday.

    By Shen Weiduo and Li Xuanmin | 2023/1/3 19:42:45
  • Domestically developed first C919 jet delivered to China Eastern, 'marking a start in journey toward mass production'

    The world's first C919 aircraft, and also China's first domestically-developed passenger jet, was delivered to China Eastern Airlines in Shanghai on Friday, and is expected to be put into commercial operation in the spring of 2023.

    By Tu Lei and Shen Weiduo | 2022/12/9 22:03:36
  • Strengthened China-Saudi ties raise prospects for use of yuan in oil settlement

    A discussion of shift to use Chinese yuan in China-Saudi oil settlement is increasingly rising recently amid an ongoing visit of Chinese President Xi Jinping to the country - the trip marks epoch-making milestone in China-Arab relation and also raises hopes for a more deepened energy tie for years to come.

    By Yu Jincui, Xing Xiaojing in Riyadh and Shen Weiduo in Beijing | 2022/12/8 18:04:39
  • US initiates digital dollar pilot program, in a major push to compete with digital yuan

    The US Federal Reserve and a group of major financial institutions will launch a 12-week digital dollar pilot program, months after US lawmakers called for the government to join a digital-asset “space race” to compete with China – a frontrunner in promoting the use of the digital yuan both at home and abroad.

    By Shen Weiduo | 2022/11/16 22:53:04
  • China-Indonesia trade exchanges to get stronger as G20 lays foundation for closer ties

    Economic connections between China and Indonesia, host of the ongoing G20 Summit, are set to be strengthened, underpinned by a shared vision between the two countries and a new pattern of bilateral relations driven by the "four wheels" - political, economic, cultural and maritime cooperation.

    By Wang Cong in Bali and Shen Weiduo in Beijing | 2022/11/15 21:17:07
  • Ahead of G20 summit, Indonesia strives to keep focus on economy

    As the G20 Leaders' Summit, which is said to be the most difficult one, is set to kick off in the Indonesian resort island of Bali on Tuesday, the host country is striving to keep the focus of the crucial meeting on economic issues rather than geopolitical tensions, with the Indonesian President Joko Widodo waring against rivalry, while locals, including G20 volunteers, are calling for cooperation.

    By Wang Cong, Yang Ruoyu in Bali and Shen Weiduo in Beijing | 2022/11/14 21:30:31
  • Huawei's self-developed operating system becoming 'mature'

    Chinese telecommunications firm Huawei is now eying a bigger "Harmony World" as its self-developed HarmonyOS has gradually "developed into a mature ecological base" after four years of development, company chairman Yu Chengdong said on Friday.

    By Shen Weiduo in Dongguan | 2022/11/4 22:43:50
  • China's economic indicators beat forecast in August, 'hard-won' result indicating strong resilience, stimulus works: observers

    China's economic indicators beat forecast in August, withstanding the coronavirus, heatwaves and headwinds as recovery gains momentum

    By Shen Weiduo | 2022/9/16 11:39:10
  • How China develops solar energy to turn Kubuqi Desert into an oasis?

    Strolling around the Junma Solar Power Station located in the Kubuqi Desert in Ordos, North China's Inner Mongolia Autonomous Region, it's hard for visitors to imagine that the area, now covered with blue solar panels and green vegetation, was once being totally barren and called the "sea of death".

    By By Shen Weiduo in Ordos | 2022/9/4 20:31:09
  • Chinese shipyards withstand severe challenges in H1; nation's demand for commodities to support industry over next half: top shipbuilder

    Boarding the giant 300-meter long, 300,000-ton very large crude carrier (VLCC)docking at a bay in Northeast China's Dalian city, with machines humming, steels piling up across the 7.74 million square-meter production base, visitors can easily catch a glimpse of the shipbuilding prowess of the world's largest manufacturing hub in the busy scene.

    By Shen Weiduo | 2022/8/2 19:21:18
  • Global investors to hike holdings of Chinese assets in H2: Standard Chartered

    Global investors will increase their holdings of Chinese assets in the second half of 2022, as the world's second-largest economy is expected to recover from challenges, backed by support policies from the government – a trend that will go against the headwinds of a global slowdown, an economist from Standard Chartered said on Wednesday.

    By Shen Weiduo | 2022/7/13 22:48:02
  • Exclusive: Reports claiming 'China building military base' in PNG baseless, hype with ulterior motives: Chinese Embassy

    The Chinese Embassy in Papua New Guinea has strongly refuted media reports claiming China's cooperation with PNG in the Ihu Special Economic Zone is aimed at building a military base, saying the report was “completely baseless and hype with ulterior motives.”

    By Shen Weiduo | 2022/7/11 7:17:14
  • China to adopt new rules for cross-border data transfer in Sep to ensure security, guide firms

    China will start to implement a set of regulations on security assessment of cross-border data transfers in September, the country's top cyberspace regulator announced on Thursday, as the country beefs up efforts to establish a data security protective screen against potential risks.

    By Xie Jun and Shen Weiduo | 2022/7/7 21:52:20
  • After 25 years, Hong Kong's future lies in the national development blueprint more than ever

    On July 1, the bustling Victoria Harbor will be illuminated with glittering lights, decorating every corner of the metropolis. Across the port stands Hong Kong's iconic modern skyscraper international financial center, where market trading operates 24/7. Looking down from the Lion Rock Hill, the Sham Chun River, which borders Shenzhen on the mainland, is flowing, and Hongkongers are in a joyful mood to mark a special day with eager anticipation for a brighter future.

    By Li Xuanmin and Shen Weiduo | 2022/6/30 19:29:48
  • China plays significant role in global rail supply chain: Wabtec China

    China will remain a strategically important market for Wabtec, which has "absolutely no plans" of moving out, a representative from the US company said, noting that the firm has full confidence in the nation, while also seeing mass opportunities brought by the China-proposed Belt and Road Initiative (BRI).

    By Shen Weiduo | 2022/6/21 22:24:53
  • Fair market, favorable policies sharpen China's edge as major global investment hub: multinationals

    A predictable environment, tax cuts, simplified procedures and even a green channel for children to go to school, among other favorable and preferential policies, are the ways that China attracts global giants and how it has remained one of the top spots for investors in recent years, multinationals from Japan, Europe and the US told the Global Times at a major summit held in Qingdao, East China's Shandong Province on Tuesday.

    By Xing Xiaojing in Qingdao and Shen Weiduo in Beijing | 2022/6/21 21:18:12
  • Multinationals keep expanding in Chinese market with nearly 100 projects signed at summit

    China remains a strong force in global supply chains, despite temporary COVID-19 disruptions, intensified China-US competition and a reconstruction of the global division of labor, multinationals and industry representatives said at a major multinational summit on Monday.

    By Shen Weiduo in Beijing and Xing Xiaojing in Qingdao | 2022/6/20 23:30:29
  • US seeks dialogue with China to ease inflation pressure, 'lifting additional tariffs is not a gift for bargaining'

    As the US is facing the most serious inflation challenge in 40 years and extremely heavy economic pressure, it seems like Washington is looking to China for some hope, as US President Joe Biden recently told media he is seeking dialogue with China's top leader and is in the process of making his mind up on the tariff issue.

    By Yang Sheng and Shen Weiduo | 2022/6/20 0:24:14
  • China offers important lesson in ensuring food security: WFP official

    China's efforts in ensuring food security for its citizens and lessons in agricultural production and protection of the most vulnerable people are really important for other countries in Asia, an official from the United Nations World Food Programme (WFP) told the Global Times on Thursday, while warning that a food crisis in Sri Lanka may expand to more countries in the region.

    By Shen Weiduo | 2022/6/16 23:54:24
  • Strengthening China-PNG ties won't be affected by external disruptions: Chinese envoy

    In recent years, cooperation between China and Papua New Guinea (PNG) has seen rapid progress, especially after the South Pacific island nation became the first in the region to sign a MOU on the construction of the Belt and Road Initiative (BRI) with China. As Chinese State Councilor and Foreign Minister Wang Yi is visiting regional countries, including PNG, China's Ambassador to PNG Zeng Fanhua (Zeng) shared his views on the current China-PNG ties, future prospects for cooperation and external meddling with Global Times (GT) reporter Shen Weiduo.

    By Shen Weiduo | 2022/5/31 18:45:17
  • Coconut farming bridges China-South Pacific friendship, 'most effective way' to improve local people's lives

    For the vast South Pacific countries with abundant tropical resources but lack talent and technology to leverage these resources, external support in the sector is the most efficient way for nations in the region to see timely economic benefits - an effort China has been engaging for years and is now becoming one of pillars for cooperation with some nations in the region.

    By Shen Weiduo and Li Xuanmin | 2022/5/27 19:30:55
  • Virus-hit Shanghai reports GDP growth of 3.1% in Q1, situation 'not promising' in Q2: analyst

    Shanghai reported 3.1 percent GDP growth in the first quarter of the year, a sharp decline from 17.6 percent last year, and also slower than the country's average of 4.8 percent as the coronavirus impact exerted pressure on the financial hub, and a leading growth engine of the world's second-largest economy, starting March.

    By Shen Weiduo and Xiong Xinyi | 2022/4/23 22:17:25
  • China able to adapt to US Fed policy changes, yuan to maintain at stable level despite recent volatility: forex official

    China is capable of adapting to policy changes from the US Federal Reserve, and the Chinese currency will also maintain at a stable level despite recent volatility, an official from China's foreign exchange regulator said on Friday.

    By Shen Weiduo | 2022/4/23 13:54:28
  • US firms worry about 'rising tensions'

    Many US businesses in China have reported rising bilateral tensions between China and the US as a top challenge, even as they remain confident in profit growth in China, calling on Washington to drop aggressive rhetoric and tit-for-tat actions and pursue communication, according to a survey published by the main US businesses group in China on Tuesday.

    By Shen Weiduo | 2022/3/8 19:52:58
  • How China's 5G technology empowers Beijing Winter Olympics

    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 to be the first ever Winter Olympics with full 5G coverage.

    By Shen Weiduo and Zhang Hongpei | 2022/2/9 19:55:05
  • US' trade with China surges 28.7% in 2021, but widening deficit proves tariffs 'a failure'

    Trade between China and the US soared by 28.7 percent year-on-year in US dollar terms in 2021, amounting to a staggering number of $755.6 billion, and US trade deficit with China further widened, Chinese customs data showed on Friday, maintaining strong growth momentum even with additional tariffs in place and bruising political tensions casting shadows on bilateral ties.

    By Shen Weiduo and Chu Daye | 2022/1/14 10:02:14
  • Canadian trade representative rebuts poll, emphasizes importance of bilateral trade

    "Do not fall victim to this sensitive political environment," a Canadian trade representative in China said on Tuesday, slamming a poll conducted in November that suggested that three in five Canadians believe the country should reduce its reliance on China for trade.

    By Fan Anqi and Shen Weiduo | 2022/1/11 22:04:26
  • Huawei raises 4b yuan through 3-year notes in another self-rescue effort

    Chinese telecom giant Huawei is taking actions ranging from issuing debts to a management overhaul, as the company continues to cope with lingering challenges such as the US' crackdown and the ongoing COVID-19 pandemic.

    By Xie Jun and Shen Weiduo | 2022/1/9 21:50:26
  • What's next for China-US after phase-one trade deal?

    Nearly two years ago in January 2020, China signed what is termed "phase-one" agreement with the US in the hope of ending the 22-month-old US-initiated trade deadlock, defusing a costly trade war, giving relief to businesses and reassuring the global economy.

    By Shen Weiduo | 2022/1/3 20:31:00
  • Huawei launches series of new products, with HarmonyOS embedded in 220 million devices

    China's tech giant Huawei, under a US crackdown for more than two years, launched new products ranging from smartphones, watches, smart eyewear and laptops to the HarmonyOS Smart Cockpit during a high-profile event in Shenzhen, Guangdong Province on Thursday.

    By Shen Weiduo in Shenzhen | 2021/12/23 21:26:31
  • Twenty years on, China's WTO accession puts the world in the fast lane

    On December 11, 2001, China welcomed a watershed moment, becoming a member of the World Trade Organization (WTO), marking its firm determination to further intertwine into the global economy with concessions and commitment made after rare but tough 15-year negotiations.

    By Shen Weiduo | 2021/12/10 15:31:56
  • Chinese customs didn't remove Lithuanian goods as claimed, but risks persist: sources

    Chinese customs and other sources told the Global Times on Wednesday that Lithuanian products had never been removed from China's customs list as claimed by some companies from the Baltic country. But industry insiders warned of potential risks posed by Lithuania's provocation against China.

    By Shen Weiduo and Tao Mingyang | 2021/12/8 21:18:40
  • Canadian ambassador to China resigns amid growing US pressure, criticism for his stance of developing positive China ties

    Canadian Ambassador to China Dominic Barton's resignation was seen by Chinese observers as coming amid growing domestic criticism for his stand of developing positive ties with China and pressure from the US, and observers said that the premise for improving China-Canada ties was that Canada abandons its political bias against China and drops any potential thought of following the US' "diplomatic boycott" of the Beijing Winter Olympics.

    By Zhang Hui and Shen Weiduo | 2021/12/7 22:33:39
  • China to buy $150b worth of agricultural goods from ASEAN, in efforts to boost ties

    President Xi Jinping announced on Monday several major initiatives to boost economic cooperation between China and the Association of Southeast Asian Nations (ASEAN), including striving to import $150 billion worth of agricultural products from ASEAN countries over the next five years, offering additional financial assistance to the bloc's economic recovery and anti-epidemic efforts, as well as providing advanced technology.

    By Shen Weiduo | 2021/11/22 12:28:58
  • Xi, Biden begin virtual meeting amid US' softening rhetoric on possible tariff removal

    Chinese President Xi Jinping and US President Joe Biden have started a virtual meeting on Tuesday morning, where senior economic officials from both sides are also attending, suggesting that trade and economic topics will likely be covered at the closely watched meeting.

    By Li Xuanmin and Shen Weiduo | 2021/11/16 9:17:35
  • Washington eases stance on trade ahead of Xi-Biden talks

    Ahead of a virtual meeting between Chinese and US top leaders, some senior US officials hinted at lifting tariffs in resolving the trade dispute between the world's two largest economies.

    By Chen Qingqing and Shen Weiduo | 2021/11/15 21:30:13
  • GT Exclusive: Canadian envoy says 'major issue' resolved in China-Canada ties with Meng's release, but China thinks more needs to be done

    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 officials seek to improve bilateral ties after the biggest hurdle has been removed with Huawei executive Meng Wanzhou's return to China.

    By Shen Weiduo and Zhang Hongpei | 2021/10/28 20:23:40
  • GT Exclusive: 'Major issue' resolved in China-Canada ties with Meng's release: Canadian envoy

    Chinese and Canadian officials on Wednesday struck a rare positive tone on the prospect of the bilateral relationship after nearly three years of diplomatic tension, saying that the biggest hurdle for bilateral ties has been removed after the safe return of Meng Wanzhou to China several weeks ago.

    By Shen Weiduo | 2021/10/28 0:55:08
  • News analysis: Huawei forges ahead in new direction as forced transformation takes shape

    "Black technology," brainstorming lectures, programming labs, free drinks and snacks, decorative balloons, and music festivals... the 2021 Huawei Developer Conference (HDC), also its biggest event each year held in the warm southern city of Dongguan over the weekend, makes it hard for me to imagine that the company is still struggling and suffering major setbacks under US sanctions.

    By Shen Weiduo | 2021/10/24 21:03:39
  • Huawei launches updated HarmonyOS 3.0, on fast track to shake off US ban

    Chinese telecommunications giant Huawei launched an updated version of its self-developed operating system (OS), the HarmonyOS 3.0 for developers on Friday, putting the firm on the fast track to shake off reliance on Google's Android, while also paving the way of recovering from a hobbled handset business amid US sanctions.

    By Shen Weiduo and Zhao Juecheng in Dongguan | 2021/10/22 17:04:24
  • 'If faith has a color, it must be China red': Patriotism prevails as Meng Wanzhou arrives on home soil

    Huawei's chief financial officer Meng Wanzhou arrived at the Shenzhen Baoan Airport Saturday night after a 13-hour flight from Vancouver after she was freed by the US and Canadian authorities that found her not guilty, with no punishment in fraud charges.

    By Chen Qingqing and Shen Weiduo | 2021/9/25 21:55:42
  • Major progress for China's diplomacy as US heeds call from Chinese request list to release Meng Wanzhou

    When many Chinese woke up Saturday morning surprisingly learning that the return of Huawei's Meng Wanzhou to China became a reality, some said it was the best news in quite a while.

    By Chen Qingqing, Shen Weiduo and Cao Siqi | 2021/9/25 21:10:25
  • Chinese people eagerly wait for Meng Wanzhou's return; related topics top social media charts

    Huawei's Meng Wanzhou reached a landmark deal with the US Justice Department on Friday that will allow her to return to China, under which the senior executive of the Chinese company has not pleaded guilty. It marks the end of Meng's nearly three-year detention in Canada, and may help ease the frozen China-Canada tie and frictions between China and the US, experts said.

    By Chen Qingqing and Shen Weiduo | 2021/9/25 7:28:38
  • Huawei to focus on HarmonyOS, openEuler same time, transforming amid chip ban 'painful': executive

    Huawei will focus on the two operating systems, namely the HarmonyOS and openEuler at the same time, both will be open source, in an effort to solve the domestic stranglehold problem of lacking its own operating system in basic technology, Huawei's rotating chairman Eric Xu Zhijun told reporters at a roundtable interview on Friday.

    By Shen Weiduo | 2021/9/24 21:37:13
  • Current COVID-19 test kits still accurate to mutant strains: Chinese producers

    The COVID-19 test kits produced by major Chinese manufacturers still have high accuracy in detecting mutant strains, several producers said, in response to rising public concerns that whether the mutant strains such as Delta will affect reliability.

    By Zhao Juecheng and Shen Weiduo | 2021/9/15 13:13:09
  • First China-Russia highway bridge ready for operation: MOFCOM

    The Blagoveshchensk-Heihe highway bridge, the first highway bridge connecting China and Russia across the Heilongjiang River, is ready to open to traffic, China's Ministry of Commerce (MOFCOM) said on Thursday, marking the completion of another key cross-border infrastructure project that could pave the way for a closer economic bond between the two countries.

    By Shen Weiduo and Ma Jingjing | 2021/9/9 19:58:40
  • Vice premier Liu He vows unwavering support for private sector

    Chinese Vice Premier Liu He on Monday vowed unchanged and firm support to the country's private sector, a sign from the top of reassurance to businesses, clarified misinterpretations, and also fought back at foreign smearing of China's tightened regulatory measures over a range of sectors.

    By Shen Weiduo and Li Qiaoyi | 2021/9/6 21:49:28
  • 1,000 days on, detention of Meng Wanzhou overshadows China-Canada ties

    As August 26 marks the 1,000th day since Chinese citizen Meng Wanzhou was arbitrarily and illegally detained by Canadian government at the request of the US government, Chinese diplomats and experts once again urged the Trudeau administration to quickly correct its mistake of serving as Washington's willing accomplice that has dragged China-Canada relations to freezing point and cast a shadow over future prospects not only in politics but also in trade and business.

    By Chen Qingqing and Shen Weiduo | 2021/8/26 20:00:44
  • How China achieves, sustains victory in fight against extreme poverty, toward common prosperity under CPC

    On July 1, China declared that it has reached its first centenary development goal - building a moderately prosperous society, or xiaokang, in all respects and is marching in confident strides toward the second centennial goal of building the nation into a great modern socialist country. To decipher what that means in the context of where China is now and where it's heading, the Global Times is publishing a series of multimedia products about the achievements under the xiaokang goal in various aspects. This piece focuses on how the Communist Party of China [CPC] led the entire Chinese nation to a victory in the battle against extreme poverty, how it strives to sustain such a hard-fought achievement, and where it's headed next.

    By Wang Cong and Shen Weiduo | 2021/8/19 20:26:52
  • Canadian judge unusually questions validity of US' claim for extradition of Huawei's Meng Wanzhou as legal battle enters final stage

    As the case of Huawei's Meng Wanzhou enters its final stage after two years of legal wrangling, a Canadian judge on Thursday appeared skeptical of the arguments made by prosecutors, questioning the validity of the case by the US against Meng, a court hearing note acquired by the Global Times showed.

    By Chen Qingqing and Shen Weiduo | 2021/8/13 17:31:22
  • Post-Merkel China-Germany economic ties in focus, 5G to be key testing ground

    As veteran German leader Angela Merkel plans to step down in a few weeks, the future of the massive China-Germany economic and trade relationship could enter a period of uncertainty with very different views and rhetoric coming out from German politicians about the direction of Berlin's China policies.

    By Wang Cong and Shen Weiduo | 2021/8/10 20:18:39
  • Exclusive: US consulate pressures firms to leave HK in fresh attempt to sow chaos in the city

    After issuing a warning to US firms over the “risks” of doing business in the Hong Kong Special Administrative Region (HKSAR), the US government has taken a step further and sought to pressure businesses to leave the city, in a fresh attempt to sow chaos in the city and interfere in China's internal affairs, a source close to the matter told the Global Times on Monday.

    By Shen Weiduo and Zhao Juecheng | 2021/8/10 0:14:59
  • China's exports to B&R countries show robust growth despite COVID-19 challenge

    China's exports to countries participating in the Belt and Road Initiative (B&R) have surged by 25.3 percent on a yearly basis in the first seven months this year, as Chinese experts praised trade with the B&R Initiative regions as a "stabilizer" of China's trade exchanges despite external challenges including the coronavirus.

    By Xie Jun and Shen Weiduo | 2021/8/9 18:08:40
  • Ericsson's setback in China linked to Sweden's crackdown on Chinese firms: source

    Swedish telecom behemoth Ericsson scored poorly in a recent 5G radio tender in China, which is linked to the Swedish government's arbitrary crackdown on Huawei and other Chinese firms, according to a source familiar with the matter.

    By Li Qiaoyi and Shen Weiduo | 2021/7/22 22:40:48
  • Huawei says Google's new AAB format won't hamper HarmonyOS progress

    Chinese telecommunications firm Huawei told the Global Times on Sunday that Google's switch to the AAB format, also known as Android App Bundles, will neither affect the experience of HarmonyOS users nor slow the development of the OS as some media reports have speculated.

    By Chen Qingqing and Shen Weiduo | 2021/7/11 19:37:31
  • Exclusive: China's gene giant says prenatal test not developed in partnership with military, saying Reuters' report 'factually incorrect'

    A leading Chinese gene company BGI Group told the Global Times on Thursday that it has never provided data from its non-invasive prenatal test (NIPT) to Chinese authorities and the prenatal tests were not developed in partnership with China's military and it strictly adheres to national and international requirements on data privacy. The company was responding to Reuters' report which it calls "factually incorrect."

    By Xu Keyue and Shen Weiduo | 2021/7/8 18:14:44
  • China's AI sector rushes for new chips with all-out efforts to counter US ban

    As investment pours into the cash-burning chip sector amid China's all-out efforts to become independent and counter the US threat, domestic semiconductor companies that specialize in artificial intelligence (AI) are among the first to see major progress.

    By Qi Xijia in Shanghai and Shen Weiduo in Beijing | 2021/7/7 22:14:11
  • China's push to vaccinate its nationals abroad helps local economies

    China's overseas vaccine program, known as the "spring sprout" program, that aims to ensure its nationals across the globe receive vaccines timely, is also supporting China-assisted projects and Chinese firms' operations abroad, some business representatives told the Global Times.

    By Shen Weiduo and Chu Daye | 2021/7/4 21:03:39
  • Swedish court ruling on Huawei 'politicized', placing Ericsson in peril: analyst

    Swedish court has on Tuesday decided to uphold a ban on Huawei selling 5G network equipment in the country; the move, a purely politicized decision without any facts and evidence base, will not only delay global 5G progress as Huawei is a major contributor, but may also put the fate of Ericsson in danger, analysts said.

    By Shen Weiduo and Chen Qingqing | 2021/6/23 12:52:28
  • Honor 50 series handset powered with Qualcomm chips launched in Shanghai

    Honor, the smartphone brand sold by Huawei after the US imposed a chip ban last year, officially launched its 50 series on Wednesday. The premium smartphone line is also its first phone series powered by Qualcomm's new Snapdragon 778G 5G chip.

    By Zhao Juecheng in Shanghai and Shen Weiduo in Beijing | 2021/6/16 22:59:05
  • China maintains 'artificial sun' at 120 million Celsius for over 100 seconds, setting new world record

    Chinese scientists have set a new world record of achieving a plasma temperature of 120 million degrees Celsius for a period of 101 seconds in the latest experiment on Friday, a key step toward the test running of a fusion reactor.

    By Yang Kunyi and Shen Weiduo | 2021/5/28 17:20:37
  • Self-reliance among Chinese high-tech firms speeds up amid volatile China-US ties

    While the US is racking its brain to rally against China and cracking down on China's tech rise, Chinese high-tech firms are now reaching a “silent consensus” and speeding up efforts to break reliance on the country, and drive localization efforts along the industrial chain from chips, operating system and supercomputers to robots.

    By Shen Weiduo and Ni Hao in Tianjin | 2021/5/21 23:13:39
  • China eyes intelligent manufacturing amid external risks

    From dancing robots and 5G appliances, to solutions for smart factories and logistics, "intelligent transformation" was the key word during the ongoing fifth World Intelligence Congress (WIC) in North China's Tianjin Municipality on Thursday.

    By Shen Weiduo and Ni Hao in Tianjin | 2021/5/20 21:53:39
  • China's semiconductor IP sector accelerates drive for self-reliance

    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, including the lack of top talent, analysts say.

    By Zhang Dan and Shen Weiduo | 2021/5/19 22:29:58
  • China's Shenzhen city greets bio-tech, a new growth lever

    With two giant statues towering over the front door and a main building in the shape of terraces, the China National GeneBank (CNGB) is no doubt an iconic landmark in Shenzhen, the rising southern Chinese metropolis that's filled with skyscrapers and is ready to emerge as a new Oriental “silicon valley” in the eyes of many.

    By Shen Weiduo and Zhang Ni in Shenzhen | 2021/5/16 17:03:39
  • Political factors aside, Ericsson can't compete with Huawei: analysts

    Commenting on Huawei's exclusion from Sweden's 5G rollout and the fate of Ericsson in China, Chinese Ambassador to Sweden Gui Congyou urged Sweden to stop politicizing Huawei's 5G equipment and said that Ericsson's situation in China will be decided by the Chinese market and consumers.

    By Chen Qingqing and Shen Weiduo | 2021/5/12 22:23:40
  • Sales of Guangxi luosifen noodles surge after President Xi's 'thumbs-up'

    Sales of luosifen rice noodles, a local specialty in South China's Guangxi Zhuang Autonomous Region, have skyrocketed across the country after Chinese President Xi Jinping praised the rapidly growing industry on Monday.

    By Shen Weiduo and Tao Mingyang | 2021/4/27 21:19:33
  • China-US relationship likely to be competitive in many domains: Henry Paulson

    The China-US relationship is likely to be competitive in many domains, which may mean some level of strategic decoupling, said Henry Paulson, former US treasury secretary, who made the comments on Tuesday at the China-US Entrepreneurs Symposium, a sideline event of the Boao Forum for Asia (BFA).

    By Chi Jingyi and Shen Weiduo in Boao | 2021/4/21 17:03:39
  • Chinese COVID-19 vaccine producers mull technology transfer to tackle global vaccine inequities

    Chinese COVID-19 vaccine producers such as Sinovac and CanSinoBIO are mulling technology transfers to other countries to help address the global vaccine inequity issue, company executives said at the 2021 Boao Forum for Asia (BFA) on Tuesday.

    By Shen Weiduo in Boao and Leng Shumei in Beijing | 2021/4/20 22:23:39
  • Unified legal, tax systems called for GBA

    Institutional reform is crucial for the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), with unified laws, tax policies and free exchanges of people and goods, city heads and experts said at a discussion panel about the GBA's development at the Boao Forum for Asia.

    By Chi Jingyi and Shen Weiduo in Boao | 2021/4/20 21:18:39
  • RCEP faces challenges as comprehensive China-US competition takes shape: experts at Boao forum

    The Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal signed by China and 14 other economies in November 2020, is facing challenges as comprehensive China-US competition has taken shape, officials and experts said at a seminar during the 2021 Boao Forum for Asia (BFA) on Monday.

    By Shen Weiduo in Boao | 2021/4/19 23:13:40
  • Huawei bets more on cars as phone business declines

    Chinese tech giant Huawei Technologies Co launched a series of intelligent car components and solutions including 4D imaging radar on Sunday, another foray into the vehicle sector that analysts said could help it offset the impact of the US' suppression of its mobile business – and perhaps also enable the company to rival industry giants like Tesla.

    By Shen Weiduo and Liu Zhongyin | 2021/4/19 1:23:39
  • Boao Forum to further integrate Asian economies, boost global governance

    The 2021 Boao Forum for Asia (BFA) kicked off in Boao, a coastal resort in South China's Hainan Province on Sunday. In the post-COVID19 era, attendees' anticipation for the conference, also the first international forum comprising mostly offline conferences this year, includes not only helping Asian countries shore up confidence in accelerating economic growth, but also taking it as an international exchange forum that has a global impact.

    By Shen Weiduo and Chi Jingyi in Boao | 2021/4/18 22:28:05
  • China's Q1 foreign trade gets off a robust start, Jan-Mar GDP expected to hit 18%

    China's foreign trade volume surged by 29.2 percent year-on-year to reach 8.47 trillion yuan ($1.29 trillion) in the first quarter of 2021, getting off a robust start for the year despite the world is still grappling with the cloud of a global coronavirus outbreak resurgence.

    By Li Xuanmin and Shen Weiduo | 2021/4/13 22:41:47
  • Huawei's revenue and profits grow in 2020, but test goes on with US chip ban

    Chinese technology giant Huawei said its revenue and net profits both grew in 2020 and met targets, despite losses inflicted by the US government's blacklisting on its traditionally strong businesses.

    By Shen Weiduo and Zhao Juecheng in Shenzhen | 2021/3/31 20:18:40
  • Solar parks turn desert to 'ocean' in Ningxia, boot China's final push to alleviate poverty

    Driving all the way to the east from city center of Yinchuan, capital city in Northwest China's Ningxia Hui Autonomous Region, on the eastern banks of the Yellow River, millions of midnight blue solar panels that stretch to the horizon would suddenly come into view on the slopes of gullies, like a blue ocean.

    By Shen Weiduo in Yinchuan | 2021/3/24 20:39:11
  • US crackdown on Chinese firms dims hopes for future trade engagement

    In a move apparently timed to strike a tough tone ahead of a key dialogue on Thursday, the US government took a couple of moves against Chinese telecommunication companies, continuing a Trump-era crackdown on Chinese firms that has drawn ire in Beijing.

    By Wang Cong and Shen Weiduo | 2021/3/18 22:43:39
  • Huawei to charge royalties to 5G smartphone makers

    Huawei said on Tuesday that it will start to charge royalties to 5G smartphone makers using its patented 5G technology, which will provide a “reasonable percentage royalty rate” of the handset's selling price, with per unit royalty cap at $2.50.

    By Shen Weiduo in Shenzhen | 2021/3/16 19:33:21
  • Premier addresses pressure on growth, job creation at press conference

    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 potential risks for the world's second-largest economy even as it remains on a world-leading robust recovery path.

    By Wang Cong, Zhang Dan and Shen Weiduo | 2021/3/11 21:45:27
  • Biden inaction allows Trump's 'decoupling' to continue

    Yet another Chinese company looked set to be kicked out of the New York Stock Exchange (NYSE) on Tuesday due to last-ditch efforts by then outgoing US President Donald Trump to push for a so-called China-US decoupling, as newly installed US President Joe Biden has made no effort to reverse those mutually destructive policies, dimming the prospect of even a certain degree of de-escalation in China-US ties which are at their lowest point in decades.

    By Wang Cong, Shen Weiduo and Xiong Xinyi | 2021/3/9 22:15:14
  • Biden is not 'getting tougher' on China, will remain positive in China-US tie: AmCham China chairman

    The Biden administration is not getting tougher on the bilateral relationship, while to the contrary, people can expect some more “normalized and more traditional measures of diplomacy,” chairman of the American Chamber of Commerce in China (AmCham China) told the Global Times during an online press conference on Tuesday.

    By Shen Weiduo | 2021/3/9 10:35:13
  • China vows to create 11m jobs in 2021, back at pre-epidemic level

    China is planning to create 11 million jobs in 2021, a jump from the 9 million in 2020, which analysts said suggests that the country's job policy will steer toward the post-pandemic era as the COVID-19 situation in the world's second-largest economy is firmly contained.

    By Shen Weiduo | 2021/3/5 20:18:39
  • Huawei launches new foldable MateX2 handset series amid chip shortage woes

    Huawei launched the new foldable MateX2 handset series on Monday, continuing its ambition in the high-end phone segment, following reports that the Chinese technology company is in talks to sell its premium smartphone brands due to an extreme chip shortage.

    By Shen Weiduo | 2021/2/22 21:31:30
  • Gene firm refutes accusations of ties to Chinese military

    Chinese genomics firm BGI Group refuted Western media accusations that it has deep links to the Chinese military, as Chinese experts said it is malicious speculation and would do nothing more than hamper the US' domestic mass nucleic acid testing program as BGI is a major provider of COVID-19 testing kits.

    By Leng Shumei and Shen Weiduo | 2021/2/1 0:08:39
  • Huawei denies media reports, says it has no plan to sell phone businesses

    Huawei has no plans to sell its mobile phone business, the company told the Global Times on Monday, in response to media reports saying that Huawei is in talks to sell premium smartphone brands P and Mate series.

    By Shen Weiduo and Chen Qingqing | 2021/1/25 19:08:40
  • Honor resumes ties with chip suppliers, may grab Huawei's overseas shares

    Honor released its new V40 smartphone series on Friday, its first new handset product after the budget phone brand was sold by parent firm Huawei in November last year amid the US' chip ban.

    By Shen Weiduo | 2021/1/22 12:03:49
  • CPI rises 0.2% in December, up 2.5% for 2020: NBS

    China's consumer price index (CPI), a main gauge of inflation, rose by 0.2 percent in December year-on-year, compared with November's 0.5-percent drop, and the full-year 2020 rise was 2.5 percent, according to data released by the National Bureau of Statistics (NBS) on Monday.

    By Shen Weiduo | 2021/1/11 22:08:39
  • Spring Festival travel rush to scale down amid virus resurgence

    As more Chinese provinces and cities have released tightened travel guidelines, some of which are intended to dissuade migrant workers from returning to their hometowns during the upcoming Spring Festival, industry insiders and experts expect that this year's chunyun travel rush, which is normally the world's largest human migration, will be affected by the current epidemic control measures, following the latest coronavirus resurgence in northern regions, and that it will weigh on the first-quarter economic performance.

    By Chen Qingqing, Fan Anqi and Shen Weiduo | 2021/1/10 21:46:09
  • China's staple-food supply sufficient, seed issues still severe: analyst

    China's agriculture ministry again stressed the importance of ensuring food security on Thursday, vowing to make ensuring grain production a top priority and a major political task in the next year.

    By Shen Weiduo | 2020/12/24 21:23:39
  • Huawei launches new Smart Screen powered with updated version of HarmonyOS

    Huawei launched a new variety of S-series Smart Screen, and a vehicle-mounted smart screen carrying the updated Harmony operating system (OS) on Monday, representing another major step towards building a complete ecosystem based on its own operating system.

    By Shen Weiduo in Dongguan | 2020/12/21 18:48:39
  • 'Victim complex' drives NATO to view China as a rival

    North Atlantic Treaty Organization (NATO) foreign ministers will hold a virtual session on Wednesday, with the attendance of non-NATO colleagues, to address a rising China that has become a "full-spectrum systemic rival," for which analysts warned China to get prepared for possible coercion from the organization and its non-member partners although NATO's influence and relevance have been declining.

    By Zhang Han, Liu Xuanzun and Shen Weiduo | 2020/12/2 21:07:07
  • Two years on, arrest of Huawei's Meng still tests Canada's political wisdom

    Two years ago, nobody would imagine how the arrest of Huawei's chief executive officer Meng Wanzhou would change the course of relationship between Canada and China - one of its largest trading partners - putting Ottawa into an extremely difficult situation. It has ever since become a real test of political wisdom for Justin Trudeau, who was urged to take Canberra's predicament with China as a lesson, observers said.

    By Chen Qingqing and Shen Weiduo | 2020/11/30 21:07:34
  • Soybean imports from US surge in October

    China's soybean imports from the US surged almost 200 percent year-on-year in October as the phase-one trade deal moved forward, experts said. The rise also reflected a lower base last year when the two countries were in the middle of an intense trade fight.

    By Shen Weiduo | 2020/11/26 20:03:40
  • China proposes to lift world by taking responsibility in virus control, green growth

    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 carbon emissions to protect the planet's environment.

    By Shen Weiduo and Zhang Dan | 2020/11/23 20:53:40
  • Update: China backs developing-world debt relief

    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 most vulnerable nations in the world hardest.

    By Zhang Dan and Shen Weiduo | 2020/11/22 21:23:33
  • China takes spotlight at APEC

    China has taken the spotlight at one of the biggest diplomatic and economic platforms in the Asia-Pacific region, as Chinese President Xi Jinping used a keynote speech on Thursday to highlight China's "major strategic achievement" in fighting the COVID-19, and called on the region to choose openness over seclusion - all while the US, which has traditionally played a leadership role on such occasions, has remained noticeably silent amid a confluence of domestic crises.

    By Wang Cong, Xie Jun and Shen Weiduo | 2020/11/19 19:48:40
  • Honor sell-off 'warning bell' to tech sector amid US political crackdown

    It was a symbolic day when the Chinese tech giant Huawei Technologies – the world's second-largest smartphone vendor – finally decided to strip off its subsidiary phone brand Honor, which has greatly contributed to the development of Huawei's consumer business. This difficult decision was interpreted by Chinese industry insiders as intensified warning shot for the whole industry in face of US-initiated tech war.

    By Chen Qingqing and Shen Weiduo | 2020/11/17 21:06:05
  • Huawei spins off sub-brand Honor to survive US supplies ban

    Huawei officially announced the divestment of smartphone sub-brand Honor on Tuesday, and although details such as the value of the sale haven't been revealed, industry insiders said the independent phone maker will largely maintain the structure and operations it had under Huawei.

    By Shen Weiduo and Chen Qingqing | 2020/11/17 18:03:23
  • Huawei to soon announce plan to sell-off its Honor brand amid US pressure

    Chinese tech giant Huawei Technologies will soon announce it will sell-off its sub brand Honor, considered a critical move in easing the impacts of the US' chipset ban and ensuring its sales as well as supply chain remain afloat, some analysts said.

    By Chen Qingqing and Shen Weiduo | 2020/11/16 19:25:04
  • RCEP can't mend China-Australia ties

    The signing of the landmark Regional Comprehensive Economic Partnership (RCEP) can no doubt improve the trade environment between China and Australia, but it may not be enough to mend bilateral ties, which are at rock bottom with no sign of recovery, due to Canberra's irrational attacks on China and discriminatory measures against Chinese investment, analysts said.

    By Shen Weiduo | 2020/11/15 20:03:40
  • Huawei 5G deployment has started overseas as 5G revenue continues to grow

    Mass-scale 5G deployment in Huawei's major overseas target markets has already started, said Yang Chaobin, president of Huawei's 5G Product Line, on Friday when asked by the Global Times how the company's 5G overseas business is going, noting that its 5G revenue in overseas markets has maintained rapid growth despite coronavirus-related impacts.

    By Shen Weiduo in Shanghai | 2020/11/13 17:13:40
  • China's import fair reports 2% rise in turnover

    The third China International Import Expo (CIIE), the largest in-person global trade event amid the pandemic so far this year, ended in Shanghai on Tuesday with a turnover of $72.62 billion, an increase of 2.1 percent over last year's - proof of China's ability to fulfill its opening-up promise despite headwinds, and this remarkable result also injects confidence in global businesses still struggling from the pandemic's impact.

    By Xie Jun and Qi Xijia in Shanghai, Shen Weiduo in Beijing | 2020/11/10 21:13:40
  • Lam may seek help from central govt on LegCo chaos, education policymaking

    The Hong Kong Special Administrative Region (HKSAR) may seek the central government's support in strengthening its finances and transport between Hong Kong and the Chinese mainland when the global financial hub's economy was battered by social unrest and then by the coronavirus, Chinese analysts said on HKSAR Chief Executive Carrie Lam's ongoing mainland visit from Tuesday to Saturday.

    By Zhang Hui and Shen Weiduo | 2020/11/4 0:37:33
  • Xi to announce achieving moderately prosperous society in H1 of 2021

    The Communist Party of China (CPC) Central Committee released Tuesday the full text of proposals for mapping out a blueprint for China's development in the next 15 years, on which the top leader said the CPC Central Committee will announce the achievement of building of a moderately prosperous society in all respects after a systematic assessment and review in the first half of 2021.

    By Leng Shumei and Shen Weiduo | 2020/11/4 0:03:40
  • First ever commercial US grown rice unloaded in China

    The first commercially grown US rice has been unloaded at China's ports despite disruptions caused by the COVID-19 pandemic, as well as the fraying of China-US ties, signifying the determination of Beijing to implement the phase one trade deal and the key role that interdependent trade ties have been playing as a stabilizer, experts said.

    By Zhang Hongpei and Shen Weiduo | 2020/10/28 20:03:42
  • Shoppers shift to local brands for Double 11, citing patriotism

    About 66 percent of Chinese consumers will buy domestic brands during the upcoming Singles' Day online shopping festival starting November 11, and the majority of them cite "patriotism" as a primary reason, a survey from AlixPartners, a global consulting firm, showed on Wednesday.

    By Shen Weiduo | 2020/10/28 19:23:40
  • China's GDP expected to grow 5%, 7% in last two quarters

    When a sudden coronavirus outbreak almost halted the Chinese economy late January, few people expected the "normal day" could come so soon. China's GDP is estimated to grow above 5 percent in the third quarter of the year, and a much faster pace in the fourth quarter. It's a sign that the world's second-largest economy is further back on track while others were still in trouble, according to economists and agencies ahead of an official announcement on Monday of third quarter economic figures.

    By Shen Weiduo | 2020/10/16 20:38:40
  • Xi charts Shenzhen's new mission

    With a new blueprint laid out by Chinese President Xi Jinping, Shenzhen, the southern city that has been viewed as a paragon of China's economic miracle over the past 40 years, is now embarking on another historic mission - to lead the country's process of socialist modernization, build a new pattern to deepen reform, and expand opening-up on all fronts.

    By Li Xuanmin in Shenzhen, Shen Weiduo and Liu Xin in Beijing | 2020/10/14 20:44:40
  • China to downplay GDP growth target in new five-year plan: economists

    Ahead of a key meeting that will determine China's development path in the next five years, Chinese economists predicted that the country's policymakers will downplay the country's GDP growth target in its new economic plan, keeping it at a lower level of around 5 percent, or even scrap the specific target since the world's second-largest economy is set to drop the quantity-oriented growth model and focus on structural and quality optimization in the face of what could be the "toughest years" ahead.

    By Shen Weiduo and Li Xuanmin | 2020/9/29 22:23:40
  • Tourism boom in 'Golden Week' empowers China's economic recovery

    As the pandemic situation still casts a shadow in many countries and regions around the world, China quietly welcomes its eight-day National Day holidays starting from Thursday. The country's tourism industry is more than thrilled to see what they believe could be the "busiest ever" holiday season since COVID-19 outbreak, as travelers in the world's largest outbound-travel source market all flocked back and may further empower China's consumption and economic rebound in the post-epidemic era.

    By Shen Weiduo and Chen Qingqing | 2020/9/28 20:48:18
  • China will prevent US TikTok 'takeover'

    China will resolutely take actions to prevent TikTok and its technologies from falling into the US' hands to protect its national security and the interests of its enterprises, experts said on Sunday, as a hearing continues as of press time in the US over whether the US government's TikTok ban will be halted.

    By Ma Jingjing and Shen Weiduo | 2020/9/28 0:33:40
  • Germany's Huawei stance can be example for EU countries: analysts

    German Chancellor Angela Merkel's reported rejection of a full Huawei ban can serve as a demonstration for other EU countries in dealing with the Chinese tech giant, and it can also consolidate ties between China and Germany and pave the way for deeper cooperation, Chinese analysts said.

    By Shen Weiduo | 2020/9/24 19:22:30
  • Huawei says 'Clean 5G' should not be defined by a single administration or some politicians

    Huawei has yet to see any adverse impact on its global 5G business from the US “Clean Network” initiative, and hopes that the industry would introduce “rational standards” for 5G rather than defined by a single administration or politician, a senior executive from Huawei told the Global Times on Wednesday.

    By Fan Lingzhi and Shen Weiduo in Shanghai | 2020/9/23 17:13:56
  • Huawei still seeks solution to mobile chip crisis: exec

    Huawei has enough chip stock for its bases stations, including those for 5G base stations, while for mobile chips, it is still looking for ways, Guo Ping, Huawei's rotating chairman, said on Wednesday, adding that the firm, which has strong chip design capability, is also willing to help reliable chip manufacturing firms since "to help them is also to help itself."

    By Shen Weiduo and Fan Lingzhi in Shanghai | 2020/9/23 15:48:40
  • Huawei says survival to be main task under US ban, vows to use all strength to empower industry partners

    While some people are still wondering about the fate of Huawei, the Chinese tech giant which has been just cut from almost all chip supplies under a US chip ban effective from September 15, doesn't seem to be as worried as expected and has presented its next vision to the world – use all its technological strength to empower its partners in the industrial chain become stronger in the upcoming ICT era.

    By Shen Weiduo and Fan Lingzhi in Shanghai | 2020/9/23 11:08:40
  • China's entity list may prompt chip firms to find ways to resume Huawei supply

    US chipmaker Advanced Micro Devices Inc (AMD) has reportedly obtained a license from the US government to supply chips to Huawei, which may signal that Washington is easing restrictions on the Chinese tech giant and may issue licenses to more Huawei suppliers in the near future.

    By Shen Weiduo | 2020/9/21 21:26:00
  • 'Made in Wuhan' goes into full swing post pandemic

    Wearing a mask, eating separately, checking your temperature, frequently using disinfectant and notices which read "epidemic-control is our responsibility" being posted here and there in the Lenovo's factory in Wuhan which employs more than 10,000 workers. Life in the capital city of Central China's Hubei Province, the hardest-hit city during the early COVID-19 outbreak in the country, is no longer the same.

    By Shen Weiduo in Wuhan | 2020/9/12 21:20:15
  • Industrial chain empowers manufacturing sector to recover

    By improving factory automation, coordinating global resources, using a complete local industrial chain, and organizing cargo charters to ensure shipments, Chinese manufacturers are keeping up with global demand when their counterparts in other parts of the world are still hampered by the pandemic.

    By Shen Weiduo and Ni Hao in Hefei | 2020/9/3 21:19:24
  • Update: HSBC could face dead end for conspiring with US against Huawei

    New evidence Huawei has provided to a Canadian court shows how HSBC, the London-headquartered multinational bank, conspired with the US Department of Justice to set a “political trap” for Huawei and gave false testimony to the court, documents unveiled on Friday showed.

    By Shen Weiduo and Chen Qingqing | 2020/7/24 16:32:04
  • US digital crackdown on China aimed at keeping tech hegemony

    The US is seeking to further escalate its crackdown on Chinese technology companies, as a new report from a US senator called on the Trump administration to take further measures against China's technological rise, in what Chinese analysts call an attempt to abuse and preserve its global hegemony in the field of technology through bullying tactics.

    By Wang Cong and Shen Weiduo | 2020/7/22 20:53:40
  • India's 5G solution 'unlikely' homegrown: analysts

    India's homegrown 5G solution, announced by the country's richest man, Mukesh Ambani, is unlikely to be entirely a domestic effort, Chinese telecom analysts said Monday.

    By Chu Daye and Shen Weiduo | 2020/7/20 21:01:38
  • Huawei readies for 'war'; shift in overseas strategy expected: insider

    China on Wednesday harshly criticized the UK's decision to ban Huawei from the UK's 5G development, painting London as an accomplice in the US' politically driven crackdown on the Chinese telecom giant based on fabricated "national security risks," and vowed to take "all necessary" measures to protect the legitimate interests and rights of Chinese businesses.

    By Shen Weiduo and Wang Cong | 2020/7/15 20:40:01
  • Citizens chase 'bull run' in Chinese stock market

    After lining up for two hours to register for an online stock account last week, Wang Liu, a Beijing-based white-collar worker, was more than thrilled to buy her first ever share. She chose to invest in a duty-free company whose share price has almost doubled since mid-June this year.

    By Shen Weiduo | 2020/7/15 20:23:40
  • London's Huawei decision 'turning point' for China-UK ties: analyst

    The UK's move to ban Huawei may further sour strained China-UK political ties, largely reduce personnel exchanges, and most likely prompt Beijing to take reciprocal measures against London's discriminatory policy, Chinese observers said.

    By Shen Weiduo and Zhang Hongpei | 2020/7/14 19:56:09
  • UK's Huawei decision 'turning point' in its ties with China: analysts

    The UK's decision over Huawei, which could take the form of a ban on the Chinese equipment maker's involvement in the country's 5G construction, could add a heavy burden to its struggling economy amid the pandemic and further strain bilateral political ties at a highly sensitive moment, Chinese observers said.

    By Shen Weiduo and Zhang Hongpei | 2020/7/14 19:19:58
  • Beijing's latest COVID-19 outbreak caused by virus strain from Europe: Chinese CDC

    Beijing's latest COVID-19 outbreak was caused by a virus strain from Europe, and transmitted through multiple exposure methods; for example, contaminated environments and goods, Chinese Center for Disease Control and Prevention (Chinese CDC) said on Friday.

    By Shen Weiduo and Chen Qingqing | 2020/7/10 17:52:50
  • Domestic semiconductor maker going public

    Chinese chipmaker Semiconductor Manufacturing International Corp (SMIC)'s fast-track listing and fundraising at Shanghai's Sci-Tech Innovation Board will not only accelerate the industry leader's research and development ability, but also mark the beginning of the fast development era of the country's semiconductors.

    By Shen Weiduo | 2020/7/7 23:58:40
  • UK bluffs over Hong Kong

    The UK, a country with massive untold interests in Hong Kong and wants to retain its colonial influence in the city as much as possible, is now acting tough against China's national security law for its Hong Kong Special Administrative Region (HKSAR). Chinese analysts said on Monday that the actions of the UK are more of a bluff since they can't harm China, but will only damage itself.

    By Yang Sheng and Shen Weiduo | 2020/7/6 22:23:40
  • Salmon back on shelves, yet market recovery takes time

    Some fresh salmon products are returning to the shelves after health authorities clarified that there is no evidence suggesting salmon is a direct host or intermediate carrier of the virus which causes COVID-19. However, insiders said that given public confidence in salmon products has taken a knock after the outbreak of the coronavirus at Xinfadi wholesale market in Beijing's Fengtai district, it will take at least another three months for the market to return to normal.

    By Yin Yeping and Shen Weiduo | 2020/7/2 22:08:40
  • Caution over food imports to continue for a while: experts

    A strict customs inspection over imported food products will continue for a while at China's ports as more cluster infection cases are emerging in food processing and packaging plants abroad.

    By Shen Weiduo and Yin Yeping | 2020/7/2 18:38:41
  • Chip sector expands in first half despite COVID-19 pandemic

    Sales of integrated circuits in Shanghai, one of the Chinese cities with the most complete and mature semiconductor industry chains, grew 38.7 percent year-on-year from January to May, a welcome jump amid the headwinds of the coronavirus, official data showed.

    By Shen Weiduo | 2020/6/28 20:28:43
  • Canada to face consequences when China-US ties improve in the future

    Tighter rules and stepped-up scrutiny of food imports are steps China is taking to curb a resurgence of COVID-19, rather than an excuse to target any specific country for a political reason as some Canadian exporters have claimed, Chinese experts said, urging exporters to respect the nation's rules if they want to make profits in China.

    By Shen Weiduo | 2020/6/22 20:33:40
  • HSBC not innocent in 'betrayal' of Huawei

    The US, which has abused the so-called long-arm jurisdiction power to arbitrarily crack down on any third party, such as Huawei, and forced others to be an “accomplice” during its hegemonic game, is increasingly becoming a major troublemaker for other countries and the world business order, sources said, adding that those who yield to the US, like HSBC, and unwisely choose sides also need to be blamed and should not claim innocence.

    By Shen Weiduo and Chen Qingqing | 2020/6/12 23:58:40
  • HSBC 'far from safe' amid controversial stances

    Faced with growing controversy over the legal battle with Chinese technology giant Huawei and a lingering ambiguous attitude toward Hong Kong's national security law, multinational bank HSBC has been under tremendous pressure in recent days.

    By Shen Weiduo and Chen Qingqing | 2020/6/9 21:53:58
  • Indians can hardly resist buying Chinese quality goods: analysts

    The rise of anti-China sentiment in India is due to Indian nationalists' attempt to deliberately smear and defame China, Chinese analysts said, noting that calls to boycott Chinese products are likely to fail as these items, which have become pervasive in Indian daily life, are difficult to replace.

    By Ma Jingjing and Shen Weiduo | 2020/6/7 21:08:40
  • Huawei's Meng likely to be freed if Canada has judicial independence: legal experts

    Legal experts are cautiously optimistic toward a key ruling over Huawei Chief Financial Officer Meng Wanzhou's case set to be released on Wednesday, noting that Meng is “highly likely” to be freed from a purely legal perspective if Canada truly has the judicial system completely independent from any political influence, as it always boasts.

    By Shen Weiduo and Chen Qingqing | 2020/5/26 21:18:40