Diplomats from the Shanghai Cooperation Organization (SCO) member states and other nations have turned into livestreaming hosts on China's leading online platforms to promote their countries' specialties, as China kicked off a one-month online shopping festival ahead of the upcoming ...
China's real estate market remained generally stable in 2021 despite tight regulations and debt issues at developers such as Evergrande, with months-long declines in housing prices in major cities slowing in the last month of the year, prompting market expectations ...
The US move to bully two Chinese sponsors for the 2022 Beijing Winter Olympic Games over the fabricated "forced labor" allegation in Xinjiang has triggered heated criticism and protests from Chinese scholars, who accuse the US government of using the ...
As 2022 gets underway, China is investing more in infrastructure and building projects faster than it did in early 2021, as the country tries to ramp up GDP growth amid challenges such as the resurgent coronavirus and US government pressure.
Economic ties between Japan and China face a test as Japan is being instigated by the US to curb technology exports to China. While such Tokyo-Washington alliance would harm both China and Japan and their progressive trade ties, it is ...
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.
The State Administration for Market Regulation (SAMR), China's top market regulator, imposed fines on several domestic online giants, including Tencent, units of Alibaba and Bilibili, on the first working day of 2022 for violations of the Anti-Monopoly Law, in a ...
As the 2022 Beijing Winter Olympics draw near, snow tourism may become a highlight during the upcoming three-day New Year's Day holiday, a trend reflected in rising hotel and ski ticket booking numbers through domestic travel agencies and online platforms. ...
China on Monday unveiled a nationwide negative list for 2021 – in a move that observers called “a signature and phased step in high-level opening-up of the economy” – that drastically reduced barriers for foreign investment for five years in ...
Chinese regulators are likely to issue the nation's first batch of safety certificates for genetically modified seeds by the end of 2021, in a bid to boost the commercialization and standardization of transgenic germplasm, an analyst said on Monday, after ...
Experts and representatives from leading Chinese manufacturers called for the development of vital technologies such as chips and robots for China's "root economy" at a gathering on Sunday, reaffirming the vital role technologies play in China's economy, especially amid a ...
The recent flare-up of coronavirus infections in East China's Zhejiang Province, which prompted local governments to implement travel and production restrictions, has created headaches ranging from cut-off logistics to interrupted production for local fabrics and clothing companies, leading many business ...
The US government's attempts to crack down on China's high-tech sector have shown a tendency to intensify in scope and frequency in recent days, with the Biden administration on Thursday moving to ban a string of Chinese tech companies from ...
China's economic engine kept running strong in November with several economic indicators, including industrial growth and exports, recording solid performances during the month, despite lingering challenges posed by the lingering COVID-19 pandemic and other factors, official data showed on Wednesday. ...
Less than 24 hours after North China's Tianjin reported the Chinese mainland's first case of an imported infection of the Omicron coronavirus variant on Monday night, Guangzhou, capital of South China's Guangdong Province, reported a new imported case infected with ...
As the US continues to crack down on a growing list of Chinese technology companies in areas such as semiconductors, artificial intelligence (AI) and quantum computing, Chinese companies are also growing more resilient in coping with US sanctions and move ...
Joining the WTO was a milestone event in the development of China's overseas trade-led economy, it provided significant momentum for the government to implement reforms on trade rules that helped Chinese goods meet standards in overseas markets.
China's central bank announced on Monday a 50 basis-point universal cut in the reserve requirement ratio (RRR) for financial institutions, effective from December 15, which would inject 1.2 trillion yuan ($188.3 billion) in long-term liquidity into the economy, as the ...
China's domestic grain output reached a new record in 2021, laying a solid foundation for the country to secure stable grain supplies despite external uncertainties posed by geopolitics and the COVID-19 pandemic, officials and experts said on Monday.
On the night before the official launch of the China-Laos Railway, a landmark project under the Belt and Road Initiative (BRI), La THOR, a 23-year-old born in Laos' Luang Prabang and who has studied for two years at a Shanghai ...
Myanmar resumed exporting rare earths to China after the reopening of China-Myanmar border gates in late November, sources told the Global Times, and analysts said that rare-earth prices are likely to ease in China as a result, although price rises ...
The operation of the long-awaited China-Laos railway should be a significant boost not only to Laos' economy by enhancing its tourism and trade with China, but also to the economy of the entire Lancang-Mekong region, which includes Southeast Asian countries ...
China plans to make advancements in major technological equipment manufacturing, as the country strives to integrate informationization and industrialization in the 14th Five-Year Plan (2021-25) period, the Ministry of Industry and Information Technology (MIIT) said in an action plan it ...
Hong Kong Special Administrative Region (HKSAR) Chief Executive Carrie Lam kicked off her tour of Central China's Hubei Province visiting a host of Wuhan-based companies and attending the Hong Kong-Hubei Co-operation Conference on Monday, another move that signaled Hong Kong's ...
China's cooperation with Africa has shown no signs of abating, but shows a trend of embracing faster growth and increasingly innovative models even with challenges such as instigation from some Western countries as well as the pandemic, data in a ...
US media is trying to shift US' responsibility for thwarting the global supply chain's smooth flow onto China by hinting that the Chinese government is preventing upload of domestic ships' tracking data in Chinese waters, a veteran Chinese shipping expert ...
Chinese officials and analysts on Thursday excoriated the US government's latest crackdown on a dozen of Chinese high-tech companies, saying the US has becoming hysterical and reckless in putting not just Chinese companies' interests at risk but also endangering the ...
China is aiming to reduce 5 percent emissions of heavy metal pollutants in key industries by 2025 from 2020 levels, according to a draft plan released by the Ministry of Ecology and Environment on Wednesday.
China stood pat on its benchmark lending rate - loan prime rate (LPR) - for the 19th straight month at its November fixing, largely in line with market expectations, reflecting stability in China's monetary policy despite external pressures.
Though the US has been stepping up efforts to pursue closer ties with African countries with a recent visit by US Secretary of State Antony Blinken and new infrastructure investment, China-Africa cooperation will continue to expand in years to come, ...
China's internet titans have reported mixed business results for the July-September quarter, with Alibaba falling short of market expectations in revenue growth and Baidu doing better than expected, as the government launches measures from anti-monopoly supervision to investigation into unfair ...
"A signal for modest hope," "a cooling down of hostilities," a highlight of "neither non resolution nor major breakthroughs"… When major US media with different political leanings interpreted the most important interaction between the top leaders of the world's two ...
As electric car companies continue to grow rapidly in China, another type of new-energy vehicle (NEV) - hydrogen-powered vehicles, are also starting to join the race.
At French luxury tycoon Kering's booth at the 4th China International Import Expo (CIIE), a dark-red satin shirt dress was displayed on a rotating pedestal, drawing attention from media and visitors.
China is moving toward the opening of its fourth CIIE, with almost all the booths installed and well-decorated as of November 4, 2021. Some staff were seen making final tests of their exhibits. Strict measures will be taken at CIIE ...
The 4th China International Import Expo (CIIE), which is set to kick off on Thursday in Shanghai, will serve as a beacon of hope for a world economy that is severely battered by the lingering COVID-19 pandemic, as it offers ...
Chinese officials have urged the US government to treat Chinese telecom companies in a "fair, non-discriminatory" manner, saying that China will take necessary measures to protect its firms' rights in the US after the latter revoked the authorization of China ...
This year's Double 11 shopping festival, the largest online sales event in China, has got off to a solid start with consumers showing great enthusiasm, e-commerce platforms reporting robust initial sales and railway authorities moving to dispatch high-speed trains to ...
China has applied to join the Digital Economy Partnership Agreement (DEPA), an international agreement that establishes approaches and collaboration in digital trade issues, a move that experts say could help Chinese digital companies tap overseas markets more easily as they ...
The city of Heihe in Northeast China's Heilongjiang Province, a major port for China-Russia trade, has been put under lockdown again with customs closed and railways suspended after the city confirmed a case of COVID-19, casting a further shadow on ...
Officials from global economies including China, the US, Japan and ASEAN countries have gathered online to attend the 38th and 39th ASEAN Summit, which is being held over a three-day period from Tuesday.
Hong Kong's exports continued to recover in September but at a slower speed, according to trade data released on Tuesday. Experts said that the boost in the city's exports had been partly a result of surging demand from the mainland ...
China has listed specific goals and measures it will take to achieve its carbon emissions peak and carbon neutrality goals, such as banning unplanned new oil refining and coal-to-olefin projects, according to a sweeping policy guidance released on Sunday.
China vowed again to open up its economy further and made a call for global cooperation, as the country opened its landmark trade fair on Thursday in Guangzhou, the first time both in-person and online since the coronavirus hit, a ...
China and the US made another step forward in sending warm signals to each other, with Chinese Vice Foreign Minister Le Yucheng recently urging the US to "turn economic cooperation and trade into an ice breaker" in China-US relations, in ...
China's National Development and Reform Commission (NDRC), the top economic planner, on Tuesday announced plans to improve the country's coal-fired power pricing mechanism with measures such as expanding the fluctuation range for power prices – a move that experts say ...
Chinese businesses and factories in certain areas, including the country's main small commodity export hub in Yiwu, East China's Zhejiang Province, are facing difficulties in producing and delivering products to clients on time due to restrictions on electricity use amid ...
A phone call between senior Chinese and US trade officials on Saturday sparked cautious optimism among some analysts over the possibility of both sides moving to resolve certain trade issues, including tariffs, but they also cautioned that the US will ...
China's week-long National Day holidays beginning October 1, known as the country's "Golden Week", saw flourishing spending in sectors like movies and duty-free stores, although travel was restrained by the lingering impact of the coronavirus, a phenomenon that experts said ...
The day before I departed for Wuzhen, a beautiful water town in East China's Zhejiang Province to attend this year's World Internet Conference (WIC), more frequently called the “Wuzhen Summit,” I read an article in the South China Morning Post ...
In a year when China's internet based companies are facing tightening scrutiny from regulators, social responsibility has become a keyword at the 2021 World Internet Conference (WIC) Wuzhen Summit, with many companies displaying their social responsibility achievements in their expo ...
At the water town of Wuzhen in East China's Zhejiang Province where a high-level annual internet forum puts China's best and brightest tech talent on show surrounded by voices of confidence and resilience from tech luminaries from both home and ...
The US Securities and Exchange Commission (SEC) has reportedly adopted a new rule that potentially threatens Chinese companies with delisting, a move that experts said would encourage more Chinese firms to leave US bourses and list in mainland and Hong ...
China might not have its customary "gold and silver months" for home sales this year, which are normally in September and October, experts predicted, as recent data showed a continued cooling trend triggered by a mixture of factors, including tightened ...
After China officially applied to join the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), members of the major Asia-Pacific trade pact showed different attitudes, with Japan showing a somewhat ambiguous, cautious stance, while countries like Singapore expressing support. ...
From life-or-death situations like disaster warning to tiny gadgets like smart watches, Chinese companies displayed how the country's self-developed BeiDou Navigation Satellite System (BDS) has been put into use across many different areas at the First International Summit on BDS ...
The long-anticipated southbound leg of the bond trading linkup between the Chinese mainland and Hong Kong will be launched next week, officials announced on Wednesday, ending the suspense of the last four years after the availability of the northbound trading.
Harry Potter rides, the Jurassic World Adventure and Minion Land… Chinese social media platforms were flooded with posts and photos posted by the lucky visitors to the Universal Beijing Resort theme park during its trial opening starting September 1. This ...
Shenzhen has announced a series of measures to enhance scientific cooperation with Hong Kong via the Qianhai economic zone, ranging from encouraging the setup of laboratories by Hong Kong colleges and universities in Qianhai to speeding up the construction of ...
Chinese telecom giant Huawei Technologies has unveiled its 6G plans, saying that it aims to launch 6G products around 2030, the company's rotating chairman Eric Xu Zhiju wrote recently, in a sign of the company's resilience after a year-long US' ...
China aims to push forward cooperation between Macao and Guangdong Province by establishing an in-depth cooperation zone in Hengqin, an island located in Guangdong's Zhuhai not far from the Macao Special Administrative Region, in what some experts called the country's ...
One day after the Chinese government rolled out a plan to build a Guangdong-Macao cooperation zone in Hengqin island, it launched another program to deepen opening-up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, a development zone located ...
China is moving swiftly to launch a stock exchange in Beijing to serve small and medium-sized enterprises (SMEs), as Beijing Securities Exchange Limited Co was registered and details of IPO rules and membership management regulations were released just days after ...
China's e-commerce giant Alibaba announced on Thursday that it will invest 100 billion yuan ($15.48 billion) in total before 2025 to support China's pursuit of common prosperity for all, joining a league of Chinese companies that are moving swiftly to ...
While many countries around the world are still trying to accelerate their research and development of 5G technologies, Chinese companies are already pushing forward 5G application in a growing list of industries and scenarios such as epidemic prevention and control ...
Chinese telecommunications companies showcased their latest 5G technologies and solutions at a major industry event on Tuesday, underscoring China's continued advances in such a critical area despite the US' escalating crackdown campaign against Chinese companies.
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 ...
Chinese cloud computing shares rallied on Monday, after news reports of North China's Tianjin Municipality asking local state-owned companies to transfer data from private cloud operators to a state-backed system by next year.
More Chinese companies have said that they will scrap corporate policies that push employees to work overtime, as the country's regulators warned against the excessive work culture that has become increasingly popular at large domestic tech companies and has drawn ...
A negative list for cross-border trade in services in South China's Hainan Province, which is also China's first negative list for the services trade, started to take effect on Thursday.
Many countries will find it hard to shake off reliance on China's rare-earth magnets, especially medium-level products, despite some governments' attempts to replace Chinese magnet producers with domestic ones, experts and industry sources said.
China will engage in cross-border accounting and auditing cooperation according to laws and regulations, the General Office of the State Council, China's cabinet, said in a guideline released recently. Experts said that the move reflected China's inclination to provide a ...
For Christmas product sellers in Yiwu, the world's largest wholesale market for Christmas ornaments in East China's Zhejiang Province, the business winter they experienced last year because of the coronavirus outbreak has passed, but the spring has not yet come, ...
Chinese actor Zhang Zhehan sparked outrage among the Chinese public on Friday, after photos were spread on social media in which he was seen posing at Japan's notorious Yasukuni Shrine, which honors some of Japan's worst war criminals.
Overseas financial institutions have moved to increase holdings in Chinese internet giants' shares including that of Alibaba and Tencent in July, a move which analysts said reflected overseas investors' confidence in China's online economic growth as well as their nod ...
The US is eager to increase communication with China at a time when it is facing pressure from domestic businesses to reset China-US relations as well as its own challenges like mounting debt, economists said on Thursday, following a media ...
The Hong Kong Stock Exchange (HKEX) has reported record revenues during the first six months this year, driven by the momentum of Hong Kong-Chinese mainland stock link system and the recent trend of mainland-based companies seeking IPOs in Hong Kong.
Sales of excavators, often considered a barometer of China's economy, fell 9.24 percent year-on-year in July, reflecting an upgrade of infrastructure investment as the country shifts from extensive economic growth to high-quality development.
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 ...
Many US politicians have been pushing for an economic decoupling from China, but latest trade data shows that the two biggest economies remain strong in terms of trade despite tense bilateral relations, showing the failure of the US' decoupling efforts, ...
Further integration among ASEAN, Japan, South Korea and China is vital to the region, particularly as many Asian countries are facing economic challenges amid the recent coronavirus resurge, experts said on Wednesday, following Chinese State Councilor and Foreign Minister Wang ...
When Lu Xiaowei started her career in Zhangjiang, a 17-square-kilometer farmland in Shanghai's Pudong New Area in 1993, there was little more than a deserted reed marsh, with no roads and little traffic.
China will focus on high-technology industries to develop new economic engines instead of relying on capital flooding in the second half of this year, a policy direction that is indicated at a recent meeting of the Political Bureau of the ...
A number of provinces and regions in China have told local industrial companies to use electricity in an 'orderly' way amid a supply gap and peak summer demand, with some companies having had to cut production to abide by government ...
Shanghai's Pudong New Area aims to attract more than 200 global institutional investors and five new legal person investment institutions this year, a government official in Pudong disclosed, as the country tries to model the area into an essential node ...
China isn't getting carried away with the buoyant trade growth of recent months, with officials warning of a possible slowdown in trade growth in the second half, while vowing to address problems like rising raw material prices and congested maritime ...
The Pudong New Area of Shanghai will lead China's intensifying push for breakthroughs in key technologies such as basic software and integrated circuits, as the central government moves to model the area into a pioneer zone for socialist modernization in ...
Chinese companies are actively participating in the upcoming Tokyo Olympic Games and helping one of the world's biggest sports events cope with special circumstances and challenges posed by the COVID-19 pandemic.
China's post-COVID-19 comeback continues to gain steam as its economy posted growth in all sectors in the second quarter and GDP expanded 12.7 percent in the first half of the year, according to data released by the National Bureau of ...
China's GDP expanded 7.9 percent year-over-year in the second quarter of 2021, continuing a streak of robust growth mainly thanks to the government's successful containment of the COVID-19 outbreak throughout the country, which sets the basis for a steady revival ...
As officials from China, Pakistan and Afghanistan revealed an inclination to extend the China-Pakistan Economic Corridor (CPEC), a flagship Belt and Road Initiative (BRI) project into Afghanistan, experts said that such projects could help boost Afghanistan's exports, which is conducive ...
The issue of data protection has become a hot topic during the 2021 World Artificial Intelligence Conference (WAIC), with workshops, forums and speakers pledging to enhance data security and exhibiting related technologies, after the removal of the “Chinese Uber” Didi ...
China's central bank announced on Friday to cut the required reserve ratio (RRR), the amount of cash that banks and financial institutions must hold as reserves, by 0.5 percentage points. The move is expected to release long-term capital of about ...
Even as tension between China and the US continue to escalate in a wide range of areas from trade to technology, US technological companies showed unabated passion about the Chinese market at an industry expo kicked off on Thursday in ...
China's top disciplinary bodies on Wednesday announced a special inspection of the country's top stock market regulator to "dig out" corruption, in the latest effort of China's intensifying crackdown campaign on securities crimes, including those involve Chinese companies listed overseas.
Many Australian products are losing market share in China to US goods, but that's what Canberra deserve given its roles as a "cannon fodder" for Washington, a spokesperson for the Chinese Foreign Ministry suggested on Tuesday.
Despite the US government's technology squeeze, Chinese scientists remain confident that the country's supercomputing industry will "get back on track" once the semiconductor manufacturing problem is addressed.
Chinese economists have refuted some overseas economists' allegation that the use of the digital yuan is a threat, saying China's currency reform won't bring fundamental change to global finance, although it may lead to less dominance of the US dollar. ...
The share price of Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology Co (CATL) surged by nearly 3 percent on Tuesday, after the company signed a new agreement with Tesla to provide battery packs for the US carmaker through ...
More than 100 Chinese companies, including Huawei and ZTE, attended the Mobile World Congress 2021 (MWC 2021) that kicked off on Monday in Barcelona, Spain, accounting for about one-fifth of the total number of exhibitors at the major industry event, ...
More secondhand semiconductor chips are being traded in Chinese electronics markets amid a severe shortage, industry insiders said, but these chips have not turned up in products made by mainstream mobile phone companies in China.
The latest Chinese public opinion poll on Australia conducted by the Global Times Research Center showed that the Chinese people have a less favorable attitude toward Australia, and more than 40 percent consider Australia a threat on military, politics and ...
Hong Kong Special Administrative Region (HKSAR) Chief Executive Carrie Lam on Sunday brushed off foreign criticism and smearing of the city's financial industry, saying its role as a global financial hub has only become stronger.
China's after-school education institutions are anxiously waiting for further government instructions with many adjusting their business models to comply with policy changes, as the government's regulation of the lucrative industry continues.
A US blockade on sales of DNA equipment and related products to Northwest China's Xinjiang Uygur Autonomous Region would be just another way for US politicians to target China over widely debunked lies about Xinjiang, and it will only speed ...
With the COVID-19 pandemic battering the tourism industry throughout the globe, theme parks in particular, those located in the Chinese mainland have, however, witnessed the fastest recovery in the world.
All indicators of the Taishan Nuclear Power Plant in Taishan, South China's Guangdong Province and its surrounding environment are normal, according to continued monitoring data, the China General Nuclear Power Corporation (CGN), the operator of the plant, said in a ...
Officials in Southwest China's Sichuan Province, a major base for cryptocurrency mining, are apparently mulling more actions against mining operations of Bitcoin and other crytocurrencies, as they were scheduled to convene a meeting on Wednesday to solicit suggetsions from indsutry ...
Many Chinese wig producers are running short of raw material - genuine hair, which they used to import in large quantities from neighboring countries including India, but the surging coronavirus pandemic cut both production and transportation from those countries, industry ...
Chinese analysts on Sunday warned that the US might thwart Chinese fund Wise Road Capital's planned acquisition of South Korean semiconductor giant Magnachip Semiconductor over fear of China's rising chip manufacturing capability, after the Committee on Foreign Investment in the ...
Chinese company Landbridge Group on Wednesday lashed out against Australia for "breaching basic contract spirit" and said it might resort to legal action, after the latter was reportedly turning back on a former lease of Australia's Darwin port to the ...
Chinese telecom giant Huawei is set to introduce its HarmonyOS for its mobile phones at the beginning of June, a move which not only shows the company's successful shift to a new business focus that can largely free it from ...
Many Chinese bitcoin mines are considering moving out of China after the regulators re-emphasize plans to outlaw bitcoin-related payment services, although some mines in Southwest China's Sichuan Province are still operating as usual, industry insiders told the Global Times.
China's toy factories are getting an influx of export orders this year, particularly from the US, with some seeing sales triple as demand for home entertainment products heats up under massive rescue packages and continuing home isolation.
US companies are rushing to take a slice of China's carbon neutrality markets, which could amount to 1,000 trillion yuan ($155 trillion) by 2030 and cover multiple industries as the country strives to meet its carbon emissions peak goal in ...
China's trade with central and eastern European countries has been on the rise despite the pandemic, as the outbreak has driven demand for certain items such as medical devices and home products both in China and Europe, officials and business ...
China's iron ore prices have hit record highs, driven by surging steel demand as well as speculation on fluctuations in China-Australia iron ore trade, industry experts told the Global Times. They also warned of a possible price plunge with market ...
Three Chinese telecom giants have announced that they expect their American depositary receipts (ADRs) to be delisted from the New York Stock Exchange (NYSE) soon, reflecting a brewing trend of US segregation of US-listed Chinese companies, which experts said will ...
Chinese electric vehicle (EV) maker Nio on Thursday announced plans to sell cars in Norway, the first overseas destination in the global market exploration for the company. Nio is one of China's most prominent EV start-ups which is also considered ...
China's consumption engine has almost completely recovered to post-pandemic levels, as shown by surging spending on items from travel products to duty-free goods during the 2021 May Day holidays, which witnessed the country's largest population movement after last year's National ...
Chinese electric vehicle (EV) maker Nio is making a final dash to sell cars in Europe, with the cars to be sold having already passed the EU's verification process, and a local management team will be set up in the ...
China's textile machine production accelerated while overseas factories were trapped amid the coronavirus pandemic last year, but the trend seems to have turned in recent weeks, Chinese customs data showed.
Chinese-owned short video app TikTok remained the most downloaded app worldwide in March, despite persistent crackdowns by the US over politically-motivated claims, latest industry data showed.
The number of domestic trips in China during the upcoming May Day holidays will likely surpass the level of 2019, a year before the COVID-19 pandemic, industry experts predicted on Tuesday, as one of the hardest-hit sectors by the virus ...
China's consumption is firing on all cylinders including tourism and box office in the three-day Qingming Festival holidays to a level that is approaching, or even surpasses that of 2019, industry practitioners and companies said, as Chinese consumers rushed to ...
China is rolling out proposals related to its goal of hitting peak carbon emissions by 2030, including setting a emission peak target for the steel sector at 2025.
Customs in Kunming, capital of Southwest China's Yunnan Province, has recently arrested 10 real hair smuggling groups in partnership with multiple customs. The smuggled hair has a total value of more than 1.1 billion yuan ($167 million), with 230 million ...
China will become a transportation powerhouse that "will leap to the front ranks of the world" by 2035, a government official told the media on Wednesday, while a stronger infrastructure buildup will fuel economic growth in the post-pandemic era and ...
Chinese internet giant Baidu saw bids for its shares rise nearly 2 percent at the opening to HK$257 ($33.1) in gray-market trading on Monday, one day before its IPO in Hong Kong, the latest example of US-listed Chinese companies turning ...
More and more Chinese firms listed in the US are likely to return back to the Chinese mainland's A-share stock markets to go public, not only because of an increasingly unfriendly US business environment, but because this will drive their ...
This year's APEC summit, to be hosted by New Zealand, would focus on pushing free trade in Asia-Pacific and pandemic-fighting solutions, including how to ensure a convenient flow of vaccines across the region, the chair of the First Senior Officials' ...
More Hong Kong professionals, ranging from young entrepreneurs to middle-aged academics, are choosing to pursue their careers in the Chinese mainland, whether starting a business or working for mainland companies and institutions, as they are aware of the mainland's huge ...
China will revise the anti-monopoly law, the company law and the corporate bankruptcy law to build a modern economic system and promote technological innovation, the Standing Committee of the National People's Congress (NPC), China's top legislature, said in a work ...
Amid a steady recovery in the domestic economy and strong overseas demand, China posted a year-on-year gain of 60.6 percent in its exports during the first two months of 2021, the General Administration of Customs (GAC) said on Sunday.
The Biden administration's reported move to allow a Trump-era rule targeting Chinese technology firms to take effect soon is a signal that the Biden government will continue cracking on China's tech rise like the Trump administration, although Biden's overall strategy ...
China cut its composite tariff rate for imported goods by about 27.5 percent in the five years ended in 2020, customs data showed, and experts predicted that the country would likely halve the current rates by the end of 2035 ...
London-based HSBC's profits slumped 34 percent on a yearly basis to $8.8 billion in 2020, which the lender attributed to factors such as the COVID-19 pandemic and the ensuing economic challenges. But experts said that HSBC's damaged reputation in China ...
Despite wide speculation that China has not so far set a national target for GDP growth in 2021, most of China's provinces and regions have set their own targets above 6 percent this year, signaling confidence to achieve further economic ...
Chinese mobile phone companies are becoming shareholders of domestic chipmakers to secure semiconductors at a time when China-US political friction makes US supplies very unreliable for Chinese phone vendors.
From heated local tourism to surging dining and online shopping, China saw a consumption boom that was above the expectations of many during the weeklong Spring Festival holiday, and experts said the trend should continue after COVID-19 vaccines become widely ...
US President Joe Biden said on Thursday US time that he remains prepared for cooperation with China in his first speech on foreign affairs at the Department of State after his inauguration, while also calling China the US' “most serious ...
China started trading of peanut futures on the Zhengzhou Commodity Exchange on Monday, with the main contract surging by more than 12 percent on the first trading day.
All 27 provincial-level regions of China that have set GDP growth targets for 2021 chose a figure of at least at 6 percent, which means that the nation's economy is likely to return to pre-coronavirus levels this year.
An initiative by US President Joe Biden to boost domestic manufacturing by ordering federal government agencies to buy more US-made goods will not hurt Chinese exports to the US, which has lost most of its low- and medium-end industry chains, ...
The Belt and Road Initiative (BRI) will contribute to the global economic rebound by stabilizing supply chains among countries along the BRI route, while laying the foundation for further global cooperation, experts said ahead of opening of the World Economic ...
China's major infrastructure companies were more scared than hurt in 2020, with some still achieving double-digit growth in new contract values despite the coronavirus pandemic, which interrupted the movement of people and goods.
China's automobile experts said that it's impossible for India to copy Tesla's success in China, and the company's moves in India are just a "tiny, experimental program", after two Indian ports were reportedly competing to invite the US electric carmaker ...
Chinese and other Asian equity markets rallied on Thursday, after US stocks surged to new highs on US President Joe Biden's inauguration day. Experts said that investors' sentiment was driven higher as they saw Biden sending a more cooperative message ...
Chinese investors have rushed into the domestic chipmaking sector, as they remain positive on the industry's growth after being cornered by the Trump administration, industry analysts said on Sunday.
Several Chinese mainland-based companies whose shares are currently listed in the US, including Lenovo Group and Tencent Music, have either announced plans to issue Chinese Depositary Receipts (CDR) in Shanghai or are reportedly seeking secondary listings in Hong Kong, at ...
Domestic technology giant Baidu Inc announced on Monday that it will establish an intelligent car company in partnership with the automaker Geely, which sparked interest and skepticism among Chinese netizens and experts. Some questioned the companies' plans after previous failures, ...
Chinese tech giant Baidu Inc announced on Monday that it would establish an intelligent car company in partnership with mainland auto firm Geely, a step which has sparked interests and skepticism among Chinese netizens and experts. Some questioned the companies' ...
Chinese economists estimate that the country's consumer price index (CPI) rose about 0.2 percent in December, as food costs increased in the winter season, while the pandemic resurgence cut pork imports.
The US off-exchange trading platform operator OTC Markets Group announced to stop trading in 12 Chinese shares including the Semiconductor Manufacturing International Corporation (SMIC), as the US President Donald Trump toughened its crackdown on listed Chinese companies in the last ...
Stunning growth in the profitability of China's third-party testing labs, mostly as a result of the coronavirus outbreak, might slow this year if nothing unexpected happens, but the broad trend is set to continue as the market develops, experts told ...
The ripple effect of Tesla's surprising price reduction for the Chinese-made Model Y cars has continued, with market attention focused on the future competitive landscape created by the foreign player that has stirred up the new-energy vehicle (NEV) market in ...
Chinese mainland stocks greeted 2021 with a strong rally, as investors nurtured hopes for an accelerating recovery of the economy in the new year, after the country spent 2020 in something of a coronavirus-triggered crisis before stabilizing economic growth.
In the first three days of 2021, China launched its first free trade agreement (FTA) with an African nation and China's foreign minister prepared for his first official trip of the year to several African countries, underscoring China's unchanged focus ...
Shortly after the US government imposed new sanctions on dozens of Chinese companies on Friday, one Chinese mainland-based company said that the move will have no impact on current or future operations, while another said that it is still selling ...
Economists laughed at Australia's attempts to crack down on China by taking legal action against the country under the China-Australia Free Trade Agreement (ChAFTA), saying that it is Australia instead of China that is violating the terms of the agreement, ...
Shares in Chinese mainland-based chipmaking giant Semiconductor Manufacturing International Corp (SMIC) went through a turbulent day, first halting trading and then sinking on Wednesday, after what is seen as an abrupt senior management change.
Nearly 20,000 transactions were paid for with digital yuan within 24 hours after 8 pm Beijing time on Friday on JD.com, as Chinese residents actively participated in a major real-world trial of the digital yuan in Suzhou, a city in ...
The number of Chinese suppliers for Apple surged from almost none 10 years ago to dozens in the present day, driven by the rapid development of China's mobile phone terminal market, and this trend can't be reversed even by a ...
A golden era of high profits for Chinese hog farmers will last one year or more despite climbing pork production as the country gradually emerges from the influence of African swine fever (ASF), farmers and experts told the Global Times. ...
China's exports to India continued to show weakness with a 13 percent drop in the first 11 months of the year, customs data showed, as the unabated coronavirus affects internal demand in India, while the two countries' political standoff extends ...
Index provider FTSE Russell's decision on Friday to remove eight Chinese companies named by the Trump administration as having alleged ties to the Chinese military from some of its indices shows the company's political prejudice and provocative attitude toward Chinese ...
Australian politician Pauline Hanson has called for Australians to boycott products made by factories in the Chinese mainland, but it probably won't happen as it will be hard for the country to replace Chinese products, experts and Australian residents told ...
Becoming the world's second-largest stock market in terms of capitalization, the share markets in Shanghai and Shenzhen have together become a backbone of the Chinese mainland's economy, and they are becoming more accommodative and resilient amid ongoing financial reforms, experts ...
A new Chinese law that takes effect on Tuesday will restrict exports of controlled items, which experts said will increase market supply volatility of some products and technologies, like rare earths and unmanned aerial vehicles (UAVs), although a plunge in ...
There's massive room for maneuvering in how the US will treat Chinese mainland-based companies listed there under a new bill, which the US House of Representatives will vote on soon, experts said. If passed, many Chinese companies will be reluctant ...
US multinationals aim to clear away a stumbling block, the Trump administration's protectionism and anti-globalism, to push forward their international plans, in particular their exploration of the Chinese market, experts said. They made the comments in response to news that ...
From halting Ant Group's IPO to announcing penalties for deliberate debt defaults by some companies, China has taken a firm attitude in preventing financial risks after irregularities emerged amid the country's recovery from the COVID-19 pandemic.
China showcased cutting-edge technologies ranging from artificial intelligence (AI) and cloud computing to big data and blockchain at an expo on Sunday in Wuzhen, a town in East China's Zhejiang Province, a day before the opening of the 2020 World ...
China's bold decision to consider joining a massive Asia-Pacific trade agreement shows the country's intent to seek higher-level opening up, a move which would breathe new life into free trade at a time when many countries are trying to shift ...
Many changes are expected following the signing of the world's largest free trade agreement — the Regional Comprehensive Economic Partnership (RCEP) — including more trade between China and Malaysia, and broad restructuring of Asian supply chains, government officials from China ...
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 ...
The Chinese yuan's recent trend of appreciation shows no signs of slowing down, as the currency's central parity rate soared to nearly 29-month high on Wednesday against the US dollar, following release of upbeat economic data in October by the ...
China's economic recovery continued to gain impetus in October, reflected by faster growth in domestic consumption and factory output, and experts predict the economy will grow faster in the fourth quarter than the third, and the full-year expansion is likely ...
China and 14 other economies signed the world's largest trade deal, the Regional Comprehensive Economic Partnership (RCEP), on Sunday to form a free trade zone in the Asia-Pacific region that will encompass a third of the global economy, in what ...
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 - ...
At a time when China is rolling out a new roadmap for economic development pattern called “dual circulation“, many foreign companies view it as an opportunity to broaden their business operation in China, senior managers told the Global Times at ...
From smart unmanned vaccination capsules and artificial meat to the world's first complete carbon fiber supercar and the safest electric wheeled excavator, the ongoing third China International Import Expo (CIIE) in Shanghai has become a fest for high-tech products, showcasing ...
From Cartier to Gucci, international luxury brands have showcased their latest collections in the consumption exhibition hall of the third China International Import Expo (CIIE), turning it into one of the most glittering, bejeweled sections of the CIIE.
From Cartier to Gucci, international luxury brands are showcasing their latest collections in the consumption exhibition hall of the third China International Import Expo (CIIE), turning it into one of the most glittering, bejeweled sections of the CIIE.
Determinedly charging along the path of consumption-driven development, China kicked off its third international import event on Wednesday. With the pandemic-induced battering of domestic consumption ebbing, the opening of the China International Import Expo (CIIE) is set to inject more ...
As many parts of the world--from the US to Europe--suffer fresh waves of the COVID-19 epidemic that could have an even bigger impact on their economies, China is ready to launch one of the biggest trade fairs – the China ...
China's capital market is opening up at a “remarkable and surprising” speed, helping enmesh foreign financial institutions to a rising market, executives of foreign financial institutions told the Global Times, while stressing their long-term commitment to the world's second-largest economy ...
About 10 months after Tesla Shanghai delivered the first batch of locally made Tesla 3s, the US-based electric car company announced that it will export China-made Tesla 3s to a dozen European countries.
At a time when China is under the pressure of economic decoupling from the US government, and its own challenges arising from domestic economic structural upgrade, some top government officials stressed in recent days that the country will not only ...
The world's factory hummed “unexpected strongly” in the third quarter as China posted a record 10.2-percent increase in exports amid the spread of COVID-19 globally, with foreign demand warming up and domestic manufacturing activity getting back to normal.
The world's factory was humming in the third quarter as China posted a better-than-expected 10.2 percent increase in exports amid the rampant spread of COVID-19 globally, with foreign demand warming up and domestic manufacturing activity getting back to normal, supporting ...
The yuan showed strong fluctuation on Monday, with the reference rate soaring to an almost 18-month high against the US dollar, while the offshore yuan slumped.
China's exports likely grew an impressive 10 percent in the third quarter, trade analysts and financial institutions estimate, as foreign demand chalked up and domestic manufacturing activity returned to normal.
The yuan quickened its pace of appreciation during China's recent holiday period, with the offshore yuan surging by more than 500 basis points during China's National Day holiday and Mid-Autumn Festival, as the country's post-coronavirus economic rebound picks up pace, ...
As Chinese fintech company Lufax files to go public in the US, the country's rising hostility towards China and its relentless crackdown on Chinese tech companies has made many Chinese companies "think twice" about listing on US capital markets, experts ...
The Trump administration will be frustrated to find that interdependence between the US market and Chinese manufacturing can't be easily divided, no matter it is tariff hike, call for US businesses to decouple from China, or the coronavirus outbreak, which ...
This seems to be the worst year in a decade for Chinese companies doing business with India, and vice versa. Both countries have experienced an economic standstill as a result of the coronavirus, while rising skirmishes as part of a ...
China's unshakable position as a global trade and economic powerhouse is once again justified by the UN Conference on Trade and Development (UNCTAD), which put China's economic growth at the top of the range over 2020-21 in its annual trade ...
China kept its benchmark lending rate unchanged for the fifth consecutive month on Monday, in line with market expectations, as the country holds its monetary policy steady amid a robust economic recovery.
Huawei is inviting professionals across China, from top research institutions to universities and companies, to join efforts in technological research as the Shenzhen-based technology giant tries to blaze a trail out of the US blockade.
