The US President Joe Biden decided to curtail his upcoming trip to the Asia-Pacific by canceling a visit to Australia and Papua New Guinea due to the ongoing debt ceiling negotiations in Washington, which, some Chinese experts said reflects that ...
South Korean President Yoon Suk-yeol left for the US on Monday for a visit during which he is anticipated to face greater US coercion to serve Washington's strategy to contain China, particularly in the chip sector.
Hainan, a tropical island in South China, has come under the limelight once again, especially in terms of consumption upgrade momentum.
In the spring of 2023, China's economy came to a critical turning point, where the country decided to shake off coronavirus disruptions that lasted for the past three years and pivoted toward all-around economic rebound. In Wenzhou, a coastal city ...
The “fashion shoes town,” a planned 3.7-square-kilometer area located on Fengmen Street in Wenzhou, East China's Zhejiang Province, is a manufacturing hub for many leading global shoe brands. Some factories in the town are busily catching up on orders for ...
China on Tuesday unveiled a sweeping reform plan for a slew of state institutions, with a focus on restructuring the Ministry of Science and Technology (MST) and establishing a national financial regulatory administration, underscoring the country's intensifying efforts to bolster ...
Malaysia-based low-cost carrier AirAsia has expressed strong confidence and ambition for the Chinese market by planning to exceed the pre-COVID level in terms of routes and flight numbers by the end of this year, with new routes being planned.
Shanghai held the largest offline recruitment fair since 2020 on Saturday in a local shopping mall attracting more than 1,200 companies across the Yangtze River Delta region and throngs of job-seekers, as the country's faster-than-expected economic rebound following coronavirus policy ...
The family of mutual funds in China that are wholly owned by overseas capital has welcomed a new member in recent days---famed Wall Street investment bank Morgan Stanley as China speeds up approving overseas financial institutions to swim in China's ...
Southeast Asian countries like Thailand and Laos were the first destinations for many Chinese tourists as China officially started a pilot program of outbound group tours to 20 countries, mostly Southeast Asian nations, on Monday.
The first flight in three years carrying a Chinese outbound tourist group took off early Monday morning after China resumed pilot outbound tours following the country's optimization of epidemic control measures.
From surging tourism orders and movie box office during the Spring Festival holidays to rising spending on festival products and food for Lantern Festival, holiday shopping boom is prolonged and stronger at the beginning of the Year of the Rabbit ...
China will moderately expand the scale of fiscal spending in 2023, the Ministry of Finance (MOF) revealed on Monday, which experts read as a sign of efforts to ramp up support for the world's second-largest economy and consolidate the current ...
The mighty Chinese trade engine overcame a number of difficulties including corona-virus lockdowns and faltering overseas demand to exceed 40 trillion yuan ($5.96 tril-lion) for the first time in history in 2022, data released by the Chinese customs showed on ...
Chinese new-energy material giant Tianqi Lithium Corp has offered a deal of more than $90 million to buy Australian lithium developer Essential Metals (ESS) in an apparently encouraging sign of cooperation between the two nations in the new-energy sector, and ...
Many foreign tourism authorities and travel agencies are wasting no time in actively luring Chinese visitors, as they anxiously wait for a swift rebound in Chinese outbound tourism, after China recently announced the lifting of COVID-19 restrictions on cross-border travel. ...
China's publicly traded high-end manufacturing companies withstood the US trade war and tech coercion to achieve a compound revenue growth rate of 12 percent from 2017 to 2021, and their profits began to surge in 2020, according to data contained ...
The US added three dozen Chinese high-tech companies to a trade blacklist that bars them from accessing US technologies and components, in what experts called a "last-ditch" effort after many cards previously played by the Biden administration did not achieve ...
China's foreign trade staged strong growth of 8.6 percent year-on-year in the first 11 months of 2022 despite mounting challenges including weak overseas demand, growing geopolitical tensions and COVID-19 resurgences, customs data showed on Wednesday.
Leaders from international organizations, executives of major global financial institutions and experts on Sunday called for open and pragmatic cooperation among countries to jointly deal with multiple challenges and put the global economic recovery back on track.
As more Chinese local governments have moved to adopt more flexible and precise anti-epidemic measures, China's capital markets staged a rally on Thursday, as investors anticipate a strong rebound in the disease-burdened consumption sector.
China's infrastructure construction is accelerating, an indication that the central government aspires to do whatever in its capacity to build up public confidence in the country's economic growth despite a new wave of coronavirus outbreaks.
Once known as China's most important online festival, in which people maxed out their credit cards and outlandish activities like a huge gala and a countdown ceremony was held, this year's “Double 11” online shopping festival turned out to be ...
China kicked off the 2022 World Internet Conference (WIC) Wuzhen Summit in the water town of Wuzhen, East China's Zhejiang Province, on Wednesday, as delegates from China's most renowned internet companies and executives from overseas cyber firms gathered again to ...
Hong Kong Special Administrative Zone's Financial Secretary Paul Chan Mo-po delivered a message to the market on Thursday, saying that the city authorities are capable of keeping the Hong Kong dollar stable, which experts read as a warning to speculators ...
Despite the impact of an approaching tropical storm, hundreds of financial leaders including Wall Street titans gathered on Wednesday at the Four Seasons hotel in Hong Kong for its biggest international event in years with a clear message delivered to ...
An exhibition about famous Chinese martial arts novelist Louis Cha (pen name Jin Yong) in Shanghai has aroused the collective memories of visitors about the fictional characters and legendary adventures created by the late Hong Kong-based novelist, who is considered ...
A flurry of optimism prevailed on global markets ahead of the US Federal Reserve's announcement of its interest rate hike decisions for November, with markets anticipating that the pace of the hikes will ease next year given dismal economic data ...
A Russian trust company will reportedly establish an open-ended equity fund to invest in Chinese equities, the latest example of overseas investors' rush to hold more of Chinese financial assets, attracted by their stable yields.
Despite some German politicians and media outlets that hype an industrial “decoupling” from China, German enterprises have been continuously investing in China, attracted by the enormous size of the Chinese market.
The Organisation of the Petroleum Exporting Countries (OPEC) and its allies agreed to a bigger than expected cut in oil production despite US opposition. Experts say that the move shows widening cracks between OPEC members and the US as some ...
Repercussions of the US Federal Reserve's aggressive interest rate hike cycle have emerged across the global economy and in the US, as the US economy falls into technical recession after two straight months of negative growth, final GDP data showed ...
As this year marks the 50th anniversary of the establishment of China-Japan diplomatic ties, officials, scholars and business representatives said they attach high importance to bilateral economic cooperation, calling it a "ballast stone" and "stabilizer" for their relationship in the ...
Nearly 20 years after Shanghai banned roadside stalls in order to maintain the city's appearance, the city has finally lifted the ban, a move widely applauded by netizens and experts for not only having economic benefits, but also for bringing ...
The Chinese mainland's financial markets remained relatively stable on Thursday in the wake of an overnight US interest rate hike that injected fresh volatility into global markets, thanks to the country's independent monetary policy and increasingly mature abilities to counter ...
Ahead of the US Federal Reserve's upcoming meeting this week, during which market observers generally believe that a fifth interest rate hike this year will be announced, discussions flared up again as to how the strengthening dollar is boomeranging on ...
From urging the start of construction projects to creating a preferential policy environment for new-energy vehicle (NEV) development, China's National Development and Reform Commission (NDRC) has unveiled a basket of policies to further propel the economy as pressure lingers.
During a visit by China's top legislator Li Zhanshu to South Korea, officials from both sides exchanged views on strengthening supply chain cooperation, a signal of the strong complementarity of the two countries, especially in the chip sector, despite efforts ...
As summer heat waves swept across the Yangtze River valleys in south China, and a prolonged drought is expected to extend into autumn there, the farmers are concerned that their rice output may drop this year.
A number of new China-made chips and related technologies have been released during the ongoing three-day artificial intelligence (AI) gala World Artificial Intelligence Conference (WAIC) 2022, demonstrating the progress of China's chip design capabilities despite overseas efforts to cripple the ...
The US prohibits two firms from selling sophisticated chips to China in the latest move of intensifying containment of China's high-tech sector including artificial intelligence (AI) and supercomputing. The US may further escalate crackdown on China's key chip links by ...
Chinese internet giants are focusing on a concept of "tech for social good" at this year's World Artificial Intelligence Conference (WAIC), which opened on Thursday in Shanghai, where they seek to highlight their efforts in addressing challenges brought about by ...
Chinese Premier Li Keqiang has reaffirmed China's open attitude toward global cooperation in the new-energy vehicle (NEV) sector and vowed to treat all NEV companies registered in China equally, sending a strong signal about an open, thriving Chinese NEV market ...
As persistent severe heat wave and drought unseen in decades continue to test China's power generation capacity and autumn harvests, relevant government departments have ramped up multiple efforts to ensure power supply and alleviate the impact of the extreme weather ...
As Yiwu in East China's Zhejiang Province, often dubbed the world's supermarket or the world's small commodity capital, entered the first day of a three-day “static management” due to COVID-19, local businesses said that they have seen certain disruptions, but ...
US President Joe Biden on Tuesday signed into law the so-called CHIPS and Science Act that aims to crack down on China's semiconductor supply chain, setting the stage for an intensified, politically charged battle in the complex global chip industry ...
The US Federal Reserve on Wednesday US time moved to raise interest rates by a larger-than-usual 75 basis points (bps), making clear its intention to rein in runaway inflation, while intensifying market fear of a looming US recession that could ...
China plans to perfect its highway system by building and improving national road system, officials and experts said at a press conference on Monday, as the country ramps up efforts to upgrade infrastructure facilities and boost the COVID-19-hit economy.
Qiu, the representative of a sanitary goods company in East China's Wenzhou, found that his customers in Europe are no longer buying as much volume as they did in the past after the euro weakened largely against the US dollar ...
As the latest example of Chinese cities' efforts to boost spending after a ferocious wave of coronavirus flare-up, China's capital Beijing on Monday started a large-scale promotional campaign by issuing about 100 million yuan ($14.83 million) worth of dining consumption ...
From competitive high-tech manufacturing sector to higher than expected trade growth, China's economy managed to secure a positive growth in the second quarter against tough headwinds and achieve a V-shaped rebound with 2.5 percent growth in the first half of ...
Challenged by a thorny economic situation but backed by supportive policies, China's private enterprises raised funds of more than 200 billion yuan ($29.82 billion) in the country's exchange bond market in the first half of 2022, even though the number ...
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 ...
The US is seeking help from China to ease its economic pressure, hinting that it may ease tariffs on Chinese goods and engage in dialogue with senior Chinese officials more often. However, analysts said Beijing will approach Washington's overtures with ...
As domestic airlines gradually resume flights between Shanghai and Beijing after disruptions posed by recent COVID-19 outbreaks, inquiries and bookings for travel products have surged in recent days, signaling the start of a solid summer travel peak, industry insiders and ...
Aiming to keep pressure on Russia and seek solidarity to cope with challenges from so-called systemic rival China, the G7 summit is convening in southern Germany, as leaders of the group including US President Joe Biden began arriving on Saturday ...
China is ushering in a hot season for consumption as time approaches the end of the 618 middle-year shopping festival, often considered China's second largest online shopping carnival apart from the Double 11 online festival, with many products ranging from ...
US dollar assets are increasingly losing their appeal with global investors, as China and Japan's holdings of US Treasuries in April fell to years-low while the US stock market is undergoing sharp volatility in recent days, a phenomenon which coincides ...
China's stock markets stabilized quickly on Tuesday after a short period of panicked selling, as Chinese mainland A shares rose against the stream of an overnight Wall Street share plunge and the ensuing nosedive on global stock markets.
Despite a recent tumult in the US capital market, Chinese stocks last week rebounded strongly, with both markets in Shenzhen and Shanghai recording double-digit gains from the ebb in April. The rebound was also supported by foreign capital's repurchase of ...
The Chinese armed forces will fight to the very end if anyone dares to split Taiwan from China, said the Chinese defense chief in a speech delivered at the Shangri-La Dialogue on Sunday. Chinese analysts said this is the strongest ...
China's trade surplus with the US continued to expand in May, data from the Chinese customs showed, another reflection of the appeal of China-made products to US markets despite external challenges such as China's coronavirus crisis and the tottering China-US ...
China on Wednesday doubled down on efforts to stabilize its economy, with a slew of new measures introduced for the trade sector as part of an imperative push to ensure the economy's reasonable growth over the second quarter.
From recruiting more employees to setting up new enterprises, many foreign companies could not wait to announce plans for increasing investment in Shanghai just days after the Omicron-battered city lifted a two-month lockdown, as overseas investors continue to show their ...
Shanghai's hustle and bustle has come back thanks to measures to encourage people to return to stores while maintaining epidemic prevention efforts, with manufacturing, retail, tourism and other sectors witnessing a rebound during the Dragon Boat Festival holiday.
One day before Shanghai is set to lift its two-month lockdown to contain COVID-19 resurgence, shopping malls and stores are making last-minute preparations. They're adjusting their opening time, rolling out sales promotions and stocking up on products for the city's ...
After a nearly three-month arduous battle, the Chinese mainland finally saw the daily tally of COVID-19 cases drop significantly, and Beijing and Shanghai edge toward full reopening. With cities gearing up to shake off the shadow cast by antivirus restrictions, ...
Shanghai authorities on Sunday sent a clear signal of economic stabilization by rolling out a total of 50 stimulus measures to support the local economy, with a focus on business resumption and employment stabilization, as the city inches toward a ...
As the Chinese market turns increasingly complex due to the coronavirus resurgence, overseas companies' fortunes are diverging, with Airbnb announcing plans to end its business in China on Tuesday, while Tesla car production reportedly recovered to pre-lockdown levels on the ...
Companies in Shanghai are preparing for the coming 618 mid-year shopping spree, another major online shopping festival in China apart from the Double 11 event, as the city pushes forward work resumption in phases, after its latest COVID-19 outbreak has ...
US President Joe Biden will kick off his Asian trip to South Korea and Japan from Friday with the ambitious purpose to further rally Asian allies to contain China and to start a US-led Indo-Pacific economic initiative.
Chinese officials vowed on Wednesday to remove the “stuck points” in implementing policies aimed at easing the burden for small and medium-size enterprises (SMEs), as well as stressing a number of key missions for supporting the companies, such as increasing ...
With supermarkets, shopping malls and convenience stores in Shanghai scheduled to reopen from Monday, flights between Shanghai and some other cities to be resumed, and as companies like Tesla and SAIC Volkswagen resume production and even exports of their vehicles, ...
China was the No.1 provider of coronavirus vaccines for the world, but recent data and reports seemed to point to a fact that there's an ebb in its COVID-related and other vaccines in overseas markets, from early 2022 onwards.
As the third May Day holidays shadowed by the COVID-19 epidemic, cross-regional travel in China is expected to record a significant drop due to the country's largest Omicron-fueled epidemic wave that infected over 550,000 people nationwide inside a month. Multiple ...
China's benchmark Shanghai stock index made an impressive comeback to crawl back above 2,900 points on Wednesday, while the tech-heavy ChiNext board in Shenzhen recorded its biggest single-day rally in nearly six years.
From theaters to restaurants to tourism sites, many consumer businesses in Beijing are adjusting their operations, with some halting businesses and others controlling visitor flows to stamp out risks, as the Chinese capital sees rising numbers of confirmed COVID-19 cases ...
Factories in Shanghai ranging from car firms to heavy industrial enterprises have begun to resume production over the past week, as the city is mounting a broad work resumption campaign for the manufacturing sector while ensuring epidemic controls, after authorities ...
The speed of integration among Asian economies has been sustained and even accelerated in some areas despite the COVID-19 pandemic, US interference and other challenges, according to a report published during the Boao Forum for Asia 2022, a major regional ...
From two of China's major economic engines investment and consumption, to nascent growth points like pre-made food and China's relentless efforts to conduct reforms, economists observed multiple bright spots in China's economic growth momentum for the remaining months of 2022, ...
The People's Bank of China (PBC), China's central bank, on Monday rolled out a wide variety of support measures ranging from refinancing quotas to increasing loans, as the country ramps up efforts to relieve the economic burden caused by the ...
A senior Chinese official said that China should issue a sufficient number of national unified travel passes and not restrict transportation under the excuse of waiting for nucleic test results, as officials beefed up efforts to minimize the negative impact ...
With Chinese officials hinting at more than one high-level meeting recently that China will make flexible use of its monetary policy tools, and with China's financial powerhouse Shanghai still stuck in a grim battle against COVID outbreak, economists forecast the ...
China's trade with Russia saw significantly slower growth in the first quarter of 2022, due to a combination of factors ranging from a high base in the previous year to disruptions to logistics and trade settlements amid the Russian-Ukraine conflict ...
Premier Li Keqiang on Monday stressed speeding up rolling out supportive measures, ranging from tax cuts and special-purpose bond issuance to ensuring stable energy supply, in a bid to stabilize economic growth after a wave of COVID-19 resurgences and changes ...
Financial institutions in Shanghai, including banks and exchanges, are beefing up efforts to maintain services while they cooperate with the city's most stringent anti-virus measures to date in a bid to stamp out a fierce new wave of COVID-19 cases. ...
Shanghai's implementation of staggered closed-off management amid the COVID-19 resurgence is generating some knock-on effects on a broader extent, not only adding pressure to surrounding areas in the Yangtze River Delta by disturbing economic links like logistics and personnel exchanges, ...
Dai Yifa (pseudonym), a peach orchard owner in Wuxi city, East China's Jiangsu Province, recently bought a small orchard lift from short video platform Douyin to help him pick peaches.
Nearly one month after China's top economic planner and other government departments released a raft of measures to shore up support for micro-sized businesses, local governments in various places, including South China's Guangdong, North China's Tianjin Municipality and East China's ...
The intensifying crackdown by the US government toward Chinese companies listed in the US, with Chinese social media giant Weibo Corp being the latest target of such policies, will further deter Chinese mainland companies from seeking IPOs in the US ...
After a lengthy wrangle with Washington over alleged illegal exports to Iran and North Korea, Chinese telecom giant ZTE on Wednesday said it received a verdict from a US court to end its five-year probation, during which time the US ...
The daily tally of COVID-19 cases in China remained high over the weekend, with 3,803 infections being reported in the Chinese mainland on Sunday, involving 21 provincial-level localities.
In what Chinese industry insiders compared to as a "fireside chats," China's top financial affairs watchdog pledged to bolster steady economic growth and capital markets in a meeting convened on Wednesday. The meeting had sent a fresh signal that the ...
Following in the steps of the US and Japan, the EU moved to revoke Russia's "most-favored nation" (MFN) trade status under the WTO framework, which experts called a "middle ground choice" between halting trade with Russia and stopping the pace ...
Chinese Premier Li Keqiang elaborated on what the government of the second largest economy is going to offer this year in its policy toolbox to maintain the country's status as the world economic locomotive, as he expressed confidence in hitting ...
China will take a series of actions ranging from increasing energy reserves to expanding grain production to secure stable food and energy supplies, as part of the country's top priority to ensure economic stability and people's livelihood amid growing global ...
This would necessarily bring mainland customers in larger numbers than during the pre-pandemic period for Hong Kong, while saving the city's tourism and dining industries from falling, he said.
A concert in commemoration of the 50th anniversary of the Shanghai Communique was held on Monday night in Shanghai. The concert performed 12 classic Chinese and US songs, reminding people of the spirit of the communique that started half a ...
Half a century ago, China and the US decided to formally normalize their ties, using wisdom and courage to break ideological barriers and internal and external pressures, and in the past 50 years, both countries have benefited greatly from each ...
A concert in commemoration of the 50th anniversary of the Shanghai Communiqué was held on Monday night, with many classic Chinese and US folk songs in the repertoire, reminding people of the spirit of the Communiqué which started half a ...
Fifty years after US president Richard Nixon's historic visit to China in 1972, China-US trade has undergone tremendous changes in volume, quality and structure, but industry insiders say the mutually beneficial nature of the trade relations remains unchanged and will ...
Chinese officials and experts called on the US to respect the one-China principle and bring China-US bilateral relations back to normal, at an event commemorating the 50th anniversary of the Shanghai Communiqué in Shanghai on Monday.
In the wake of the US and Europe unveiling what is believed to be just the first round of sanctions on Russian individuals and institutions in response to Moscow's recognition of two regions in Ukraine as "sovereign states," China said ...
Chinese tech giants like Tencent and Alibaba are planning to build more data centers in western regions in the country, after the central government launched a project nicknamed "eastern data western calculation" to store and process more digital data in ...
Local governments across China are scrambling to build infrastructure projects after the 2022 Spring Festival holiday, with a focus on transportation and new infrastructure, as the country tries to stabilize economic growth with what experts said is the only effective ...
A Chinese tech company has developed an artificial intelligence (AI) backed referee and coach system that not only helped train domestic athletes, one of whom won a gold medal during the Beijing 2022 Winter Olympic Games, but also participated in ...
"Hello, audience. The outdoor sports watching index reached level four at the National Ski Jumping Centre on Monday. Because of weather influence, speculators watching outdoor matches in winter should enhance self-protection abilities," said Feng Shu, a popular weather broadcaster at ...
Factories across China are gradually resuming production after the Spring Festival holidays, making a somewhat bright start to 2022, a year that presents uncertainties in terms of global trade, given the unabated COVID-19 pandemic and geopolitical tensions.
The Chinese war film The Battle at Lake Changjin II: Water Gate Bridge grossed more than 3 billion yuan ($471 million) as of Thursday, making the movie series The Battle at Lake Changjin about a historic military victory of China ...
The US' trade deficit with China widened by more than $350 billion in 2021, defying a multi-year relentless campaign by Washington to reduce imports from China, including through protectionist moves such as slapping extra tariffs on Chinese products and demanding ...
"You are the precious of snow and ice. You are our pride," US car brand Cadillac posted a message on its official Weibo account on Tuesday along with a video of Gu Ailing, minutes after the 18-year-old Chinese skier claimed ...
After the opening ceremony of the Beijing 2022 Winter Olympic Games was aired on February 4, the topic of "what brands are athletes wearing during the Winter Olympics' opening ceremony" quickly flooded China's social media platforms.
Business has never been better for US high-tech companies operating in China, with a number of leading industrial giants including Apple and Tesla reporting eye-catching revenue figures in China in their latest financial reports, as they enjoyed the windfall from ...
Six Chinese government departments, including the Ministry of Commerce, on Wednesday published a recent guideline that aims to help local governments, industries and companies to better seize opportunities stem from the Regional Comprehensive Economic Partnership (RCEP).
It's not easy for a country with an economy as large as China to strike a balance between the need to pump money into the coronavirus-battered economy and to keep an eye on risks like mounting local government debt. But ...
Just days after China cut a major interest rate for central bank lending to big commercial banks, and hours after central bank officials delivered a clear signal about monetary easing through promises of opening the monetary policy toolbox wider, the ...
Nine Chinese provincial-level regions have set their GDP growth targets at above 6 percent for 2022, a level that economists said would be medium-to-high speed among economies around the world and of high quality, considering China's large economy.
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 ...
