Zhang Dan
Reporter, Beijing
Global Times business reporter covering macro-economy, trade with ASEAN and tech happenings in China.
  • Bing Dwen Dwen still in high demand even as Olympics curtain pulls down

    Although the Beijing 2022 Winter Olympic Games drew to a close on Sunday, the merchandise of the phenomenon panda mascot Bing Dwen Dwen still remains in high demand in China, pushing factories to boost production to placate a long waiting ...

    By Zhang Dan and Xiong Xinyi | 2022/2/20 13:35:03
  • Beijing 2022 Winter Olympics empowers China's rural revitalization

    Winter used to be the downtime for farmers in China, but the Beijing 2022 Winter Olympics injected vitality to many rural villagers, such as growing local ski resorts to increasing incomes and empowering the country to push forward the drive ...

    By Zhang Dan and Tao Mingyang | 2022/2/16 20:18:40
  • World's largest iPhone factory in China steps up recruitment prior to new product launch

    The world's largest iPhone factory, operated by Foxconn Technology Group in Zhengzhou, Central China's Henan Province, is on the race to hire at least 20,000 workers prior to the release of new Apple products and as demand for iPhones and ...

    By Zhang Dan and Yin Yeping | 2022/2/8 22:40:02
  • China kicks off Year of Tiger with 'full confidence, courage and optimism'

    China kicked off the first working day in the Year of Tiger on Monday after the national Spring Festival holiday, boosted by stellar displays of athleticism at the Beijing 2022 Winter Olympic Games adding to national pride and high morale ...

    By Yang Sheng and Zhang Dan | 2022/2/7 22:11:43
  • Chinese regulators step up regulations on online platforms to ensure sound development

    China's top regulators have released a sweeping guideline on regulating various aspects of online platform businesses, including their investments in financial institutions, big data-enabled price discrimination against customers and monopolistic behaviors, to promote the industry's sound and sustained development.

    By Zhang Dan | 2022/1/19 21:14:49
  • China's retail sales grow 12.5% in 2021 but slowdown in Dec raises alarms

    China's retail sales, a reflection of nation-wide consumption, rose 12.5 percent in 2021, turning the tables on a 3.9 percent dip in 2020 despite the coronavirus continuing to resurge in the country and bite the global economy, statistics from National ...

    By Zhang Dan | 2022/1/17 12:21:14
  • China's top economic planner to boost holiday consumption amid COVID flare-ups

    China's top economic planner vowed a Sunday to boost holiday consumption during the upcoming Chinese New Year, as new COVID-19 flare-ups in several cities, including Omicron infections in Beijing and Tianjin, sparked concerns about holiday spending.

    By Zhang Dan | 2022/1/16 20:59:25
  • GT Investigates: Entrepreneurs from China, Japan and South Korea pin hopes on the RCEP: survey

    Despite the ongoing pandemic and geopolitical volatility, most entrepreneurs from China, Japan and South Korea are optimistic about China's economic growth in 2022 and the recently implemented mega trade pact – the Regional Comprehensive Economic Partnership (RCEP), according to a ...

    By Zhang Dan | 2022/1/13 21:02:27
  • Tianjin Port running normally despite coronavirus flare-up

    Tianjin Port, the world's ninth largest port in terms of cargo throughput, said its operations remain normal after 21 new confirmed coronavirus cases were detected in the city on Sunday, including cases involving the Omicron variant.

    By Zhang Dan and Tao Mingyang | 2022/1/10 20:03:16
  • Stakeholders look toward BRI infrastructure as RCEP trade pact set to boost China-ASEAN trade, investment

    As the Regional Comprehensive Economic Partnership Agreement (RCEP) will take effect at the end of this week, as agreed upon, the business community is awaiting the prospect and potential of the landmark regional trade pact, which is widely believed to ...

    By By Chu Daye and Zhang Dan | 2021/12/29 17:42:34
  • Economic cooperation between China and Japan need to be enhanced: Japanese officials

    Although the two biggest economies in Asia have disputes over the Diaoyu Islands and other issues, Japanese officials said economic cooperation and business exchange between China and Japan need to be enhanced.

    By Zhang Dan and Xiong Xinyi | 2021/12/21 21:11:25
  • Clothing companies in Zhejiang face delivery, production and supply headaches amid COVID-19 outbreak; China's entire clothing supply chain stable

    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 ...

    By Xie Jun and Zhang Dan | 2021/12/17 18:53:08
  • EU tariffs on Chinese steel towers for wind turbines 'have little impact' due to small market share

    EU tariffs on steel towers used for wind turbines from China won't result in huge impact to the country's wind turbine exports, as the Asia Pacific region and some countries along the Belt and Road Initiative (BRI) are the crucial ...

    By Zhang Dan | 2021/12/17 16:17:36
  • Belarus ready to offer alternative to Lithuanian products to China: ambassador

    Belarus is ready to increase exports to China, boosted by the development of the country's agricultural sector, offering an alternative to Lithuanian products that were previously supplied to China, Belarusian Ambassador to China, Yuri Senko told the Global Times, noting ...

    By Yin Yeping and Zhang Dan | 2021/12/16 20:10:50
  • Chinese firm, Hanoi residents refute claim of 'lack of riders' on metro line

    The Chinese contractor of the first metro line in Vietnam and local residents in the Vietnamese capital of Hanoi on Tuesday refuted a recent report by Voice of America (VOA) that claimed lack of riders on the train, stressing that ...

    By Zhang Dan | 2021/12/14 20:43:39
  • Ministry removes homework help apps, citing impact on student learning

    China's Ministry of Education on Monday ordered the temporary removal of homework help apps that allow students to take pictures of their homework and search for answers online, citing the apps' impact on students' independent thinking ability, in another move ...

    By Zhang Dan | 2021/12/13 20:23:40
  • Chinese cities rush to provide trains to China-Laos rail ahead of RCEP, a boon to SE Asia economy

    Following the opening of the China-Laos Railway, a growing number of cities in China immediately rolled out freight trains to Lao capital Vientiane, providing well-timed transport convenience for the Regional Comprehensive Economic Partnership (RCEP) pact which will be implemented within ...

    By Zhang Dan | 2021/12/6 22:30:58
  • China helps Nepal on fertilizer supply as India fails to deliver

    Chinese companies are supplying more than 15,000 tons of fertilizer to Nepal and Chinese diplomats helped getting the desperately-needed material through border checks to help Nepali farmers, Chinese and Nepali officials told the Global Times on Tuesday.

    By Yin Yeping and Zhang Dan | 2021/11/23 22:32:36
  • US judge's rejection of tariffs on solar panels to boost cooperation with China: analyst

    A US judge's decision to drop a reimposition of tariffs on bifacial solar modules ordered by former US President Donald Trump will help enhance cooperation between China and the US in the solar power industry as well as efforts to ...

    By Zhang Dan | 2021/11/17 20:39:50
  • Companies skittish about rail link between Poland, Belarus

    As Poland considers cutting off its rail link to Belarus due to their heightened diplomatic tensions, many Chinese companies are concerned its knock-on effects because border crossings are a vital channel for China-Europe freight trains.

    By Zhang Dan and Yin Yeping | 2021/11/16 20:48:39
  • Beijing's big data exchange to build city into global digital economy hub

    The Beijing International Big Data Exchange launched a blockchain technology-based data trading contract mode on Friday, bringing the capital city's goal to become a global digital economy hub a step closer.

    By Zhang Dan | 2021/11/13 5:29:03
  • Xi underscores openness in APEC cooperation to boost Asia-Pacific economy

    Xi addresses APEC economic leaders' meeting, calls for open, inclusive devt of Asia-Pacific

    By Liu Xin, Zhang Dan and Yan Yuzhu | 2021/11/12 20:27:18
  • China to offer path for economic recovery at APEC leaders' meeting, as small cliques become increasingly unpopular

    The 28th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting is scheduled to be held online on Friday night with leaders of the countries from the most dynamic Asia-Pacific region gathering to discuss how to boost economic recovery while dealing with ...

    By Liu Xin, Zhang Dan and Yan Yuzhu | 2021/11/12 13:24:58
  • Chinese solar giant eyes overseas plants

    Chinese photovoltaic (PV) company LONGi is studying to set up production bases in overseas markets, including in India and the US, the head of the company said on Thursday, even as the US has been cracking down on the Chinese ...

    By Zhang Dan | 2021/11/11 21:28:40
  • Construction of China's massive 10 GW renewable energy projects starts

    Construction of the first batch of China's 10 gigawatt (GW) wind and solar power projects has begun, marking further progress in the country's effort to meet its net zero goals.

    By Zhang Dan | 2021/11/11 0:12:08
  • China's market regulator bans unfair practices during Double 11 sales

    China's top market regulator on Saturday issued a notice banning e-commerce platforms from unfair practices such as “raising prices of items before putting them on sale” during the ongoing Double 11 shopping festival, in a bid to promote transparency in ...

    By Zhang Dan | 2021/11/7 19:38:39
  • China's coal market sees significant improvements: NDRC

    China's top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal output has reached a peak in recent years and prices have dropped sharply over the past week.

    By Zhang Dan and Tao Mingyang | 2021/11/1 20:48:39
  • Excessive data mining to come to an end as China's personal info protection law comes into effect

    A systematic legal framework on the protection of personal data has been formed in China as the highly anticipated Personal Information Protection Law came into effect on Monday.

    By Liu Caiyu and Zhang Dan | 2021/11/1 18:53:36
  • China pushes ahead major renewable energy projects

    China has been pushing forward the construction of major wind power and photovoltaic (PV) bases in sandy areas, rocky areas and deserts, a practical move under a tangible plan ahead of the opening of the UN Climate Change Conference COP26, ...

    By Liu Yang and Zhang Dan | 2021/10/31 20:10:15
  • Chinese team transforms used cargo containers into eco-friendly toilets for BRI countries

    Recently, a brand new toilet was transported to a village in Funing county, Southwest China's Yunnan Province, as part of China's efforts to improve public health and sanitation facilities in rural areas that had just eradicated extreme poverty and are ...

    By Zhang Dan | 2021/10/28 20:13:41
  • AIIB president calls for more investments in new energies

    The president of the Asian Infrastructure Investment Bank (AIIB) said on Wednesday that rising investment in new energy remains one of the most effective methods to tackle climate change and the global energy crunch, days before the UN COP26 climate ...

    By Zhang Dan | 2021/10/27 19:58:39
  • Chinese firms in Vietnam face logistics disruptions, labor shortages

    Logistical disruptions and labor shortages are straining Chinese manufacturers in Ho Chi Minh City after the southern business hub in Vietnam eased COVID-19 lockdown measures, a local business association said.

    By Zhang Dan and Liu Yang | 2021/10/25 16:53:39
  • China to overhaul housing market

    China's decision to pilot five-year property tax levies in selected cities on Saturday drew wide attention and discussion, including reportedly resistance hyped up by some Western media outlets. However, Chinese experts said on Sunday that the new move will help ...

    By Zhang Dan and Qi Xijia | 2021/10/24 23:48:40
  • China in midst of AI talent boom, may take five years to reach global standards: Turing Award recipient

    The number of people involved in artificial intelligence (AI) in China has increased enormously thanks to the government's commitment to developing the burgeoning AI industry and considerable value placed onto higher education, but it may take another five years for ...

    By Zhang Dan | 2021/10/23 20:44:10
  • China praised for opening-up efforts at WTO review despite 'baseless' criticism

    China's efforts to proactively open up its market, firmly safeguard the multilateral trade system and promote the role of the WTO received positive feedback from members at the first day of the WTO's review of China's trade policies and practices, ...

    By Zhang Dan | 2021/10/21 23:13:59
  • Chinese companies in Ho Chi Minh City troubled by logistics disruptions, labor shortage

    Logistical disruptions and labor shortages are troubling Chinese manufacturers in Ho Chi Minh City after the southern business hub in Vietnam eased COVID-19 lockdown measures, a local business association said.

    By Zhang Dan and Liu Yang | 2021/10/20 0:53:45
  • Shenzhen makes strides in becoming socialist demonstration area

    Shenzhen, China's burgeoning technology hub and a leading demonstration zone, has pushed forward pilot reforms and achieved remarkable results over the past year in building the city into a socialist demonstration area, local officials said on Thursday.

    By Zhang Dan and Yin Yeping | 2021/10/14 21:51:06
  • Huawei expands to four new businesses amid survival battle

    Amid falling smartphone sales and a shrinking telecom market share globally, Chinese tech giant Huawei set up units in four new segments to boost technologies for customs and ports, smart highways, data centers and solar energy, as the US' sanctions ...

    By Zhang Dan | 2021/10/12 20:11:08
  • China seeks fast growth in shale gas output amid green push

    The accumulated output at Chinese oil giant Sinopec's major shale gas field in Fuling, Southwest China's Chongqing reached 40 billion cubic meters on Friday, a new high.

    By Zhang Dan in Fuling | 2021/10/8 23:51:06
  • China to set up governance rules for algorithms

    The Cyberspace Administration of China (CAC) announced a joint plan with eight other departments on Wednesday to set up governance rules and a system for algorithms in the next three years, in order to avoid the risk of abuses such ...

    By Zhang Dan and Xiong Xinyi | 2021/9/29 22:58:39
  • Chinese Big Tech vows to support SMEs at premier internet summit

    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 ...

    By Zhang Dan and Li Qiaoyi in Beijing, Xie Jun in Wuzhen and Qi Xijia in Shanghai | 2021/9/26 23:03:39
  • Thailand fruit traders eager for China-Laos Railway

    With the China-Laos Railway set to complete its construction by the end of this year, durian growers in Thailand are looking forward to upgraded access to the lucrative Chinese market where Chinese consumers' appetite for Thai durian continues to rise.

    By Zhang Dan | 2021/9/26 20:03:39
  • Beijing stock exchange runs technical test, prepares for imminent trading

    The high-profile Beijing Stock Exchange ran a comprehensive technical test with market participants on Saturday, speeding up the preparation work for imminent trading which insiders said may kick off as early as the end of the year.

    By Chi Jingyi and Zhang Dan | 2021/9/25 15:51:47
  • COSCO expands footprint in European by acquiring shares of Hamburg terminal

    Chinese terminal operator COSCO Shipping Ports struck a deal with Container Terminal Tollerort in the Port of Hamburg, Germany by acquiring a 35 percent stake in the German terminal, a move that will boost the port's throughput and efficiency as ...

    By Zhang Dan | 2021/9/22 22:03:39
  • China's carbon neutral goals might require up to $46.6t in investment: expert

    China's efforts to reach carbon peak by 2030 and carbon neutrality by 2060 might require an investment of up 300 trillion yuan ($46.6 trillion), a prominent Chinese economist said on Thursday, noting that pursuing the goals will not come at ...

    By Zhang Dan | 2021/9/16 21:24:58
  • China's Canton Fair to resume in-person events for the first time after COVID-19

    The 130th China Import and Export Fair (Canton Fair), one of the largest trade fairs in the world, will resume in-person exhibition in October in South China's Guangdong Province for the first time since the COVID-19 pandemic, Chinese commerce officials ...

    By Zhang Dan | 2021/9/14 19:03:39
  • Wang Yi's visit to neighbors expected to improve cooperation, not to counter US influence

    Chinese State Councilor and Foreign Minister Wang Yi made a good start wrapping up the first stop in Vietnam and is visiting Cambodia on Sunday, part of the week-long tour to four neighboring countries - Vietnam, Cambodia, Singapore and South ...

    By Xu Keyue in Beijing and Zhang Dan in Nanning | 2021/9/12 21:43:39
  • Southeast Asian ambassadors call for stronger trade ties with China at CAEXPO

    As the coronavirus and geopolitical factors added increasing uncertainties to global supply and value chains, ambassadors from Southeast Asian countries to China called for stronger trade ties with the world's second largest economy in a bid to speed up the ...

    By Zhang Dan in Nanning | 2021/9/11 22:00:01
  • China and ASEAN expected to expand cooperation in vaccine, digital economy and investment, despite US' efforts to split the region

    Amid the 30th anniversary of China-ASEAN dialogue relations, the 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit kicked off on Friday to further explore cooperation in digital economy, epidemic and investment and trade, and Chinese analysts said the deepened ...

    By Chi Jingyi and Zhang Hui in Beijing, Zhang Dan and Zhao Juecheng in Nanning | 2021/9/10 22:26:58
  • China-ASEAN Expo under the spotlight

    Merchants from countries including ASEAN members and those along the Belt and Road Initiative sold local products at the 18th China-ASEAN Expo held in Nanning, South China's Guangxi Zhuang Autonomous Region on Friday. The expo, which facilitates trade and investment ...

    By Zhang Dan | 2021/9/10 21:49:39
  • China-ASEAN Expo attracts regional, global businesses amid growing trade ties

    A high-profile expo promoting trade and economic cooperation between China and members of the Association of Southeast Asian Nations (ASEAN) is scheduled to kick off on Friday, attracting hundreds of business from around the world as economic cooperation and recovery ...

    By Zhang Dan in Nanning | 2021/9/9 19:48:39
  • NEV penetration rate in China surpasses 10% in first eight months: MIIT

    A senior Chinese industry official said the market penetration rate of new-energy vehicles (NEVs) in China likely reached more than 10 percent in the first eight months of the year, hefty growth for the world's biggest vehicle market, as it ...

    By Zhang Dan | 2021/9/5 21:33:40
  • China's regulatory actions against online gaming hit $22.44b esports industry

    China's recent regulatory actions to limit online gaming for minors may inflict pressure on the burgeoning esports market that's worth 145 billion yuan ($22.44 billion), as companies also move to raise the age for esports players in line with the ...

    By Zhang Dan and Tao Mingyang | 2021/9/2 22:18:39
  • China's Baijiu symposium not a sign of crackdown, but to discourage unwanted speculation: insiders

    A symposium held by Chinese top market regulator with the country's top Baijiu ("white liquor") producers on Friday concerned liquor stock holders with some seeing the conference a sign of crackdown on the industry after China took sweeping measures to ...

    By Zhang Dan | 2021/8/20 15:59:32
  • Shipping disruptions, material price spike squeeze profits of China's textile makers

    After reaping the benefits from the large amount of personal protective equipment (PPE) exports in 2020, textile mills in China now face an export dip as disruptions in global shipping industry are causing prices to spike, squeezing the profits of ...

    By Zhang Dan | 2021/8/17 16:03:39
  • Chinese telecom carriers reap growing profits from 5G

    The driving effect of robust 5G rollout in China has become prominent as it is bringing increasing profits to local telecom carriers, with more users embracing the technology. China Mobile, the world's No.1 operator by subscribers, said on Thursday that ...

    By Zhang Dan | 2021/8/12 20:23:40
  • Tokyo Olympic Games propels China's sports industry to develop rapidly

    The just-concluded Tokyo Olympics craze is driving China's sports industry to the fast lane. With an ambitious plan to build sports into 5 trillion yuan ($773 billion) industry by 2025, sports equipment makers and industry practitioners expect the sector to ...

    By Zhang Dan | 2021/8/9 20:28:40
  • Stock prices of Tencent, other gaming companies dive after blasted by a national newspaper

    Share prices of Chinese online gaming companies tumbled on Tuesday, after a report by the Economic Information Daily, affiliated to Xinhua News Agency, asserted that online games are "spiritual opium", and their impact on teenagers' health should not be underestimated.

    By Zhang Dan and Ma Jingjing | 2021/8/3 20:13:40
  • China's stock market rallying after a three-day rout

    China's stock markets ended a losing streak on Thursday with the major indexes rising sharply, following an editorial by the Xinhua News Agency saying the country's recent regulatory changes targeting online platform economy and tutoring businesses are not part of ...

    By Zhang Dan | 2021/7/29 19:28:39
  • Apps barred from indiscriminate collection of unnecessary personal information

    The Supreme People's Court (SPC) of China on Wednesday issued judicial rules to regulate the use of facial recognition, stipulating that no app can require users to provide unnecessary personal information. Specifically, the regulation requires apps to ask for consent ...

    By Zhang Dan | 2021/7/28 13:36:13
  • Internet giants should 'take lead' in carbon emissions reduction: study

    Chinese internet companies should take the lead in carbon emissions reduction in a bid to give back to society amid increasingly grim climate change challenges, a senior partner of Boston Consulting Group (BCG) said at a publication release event on ...

    By Zhang Dan | 2021/7/27 20:09:30
  • China bars private education firms from raising money through IPOs, aims to shift industry focus from profit to teaching

    China's vast private education sector received a death blow as the country introduced sweeping measures, including barring curriculum-based tutoring institutions from raising money through stock market listings, in a bid to correct disorderly competition in the industry and ease the ...

    By Zhang Dan and Tao Mingyang | 2021/7/25 20:23:39
  • Telecom companies rush to repair network in flood-stricken Henan

    Telecom companies in Central China's Henan Province are ramping up efforts to repair the telecommunications network, which was hit by the torrential rain that started on Monday, as the deadly rainfall put many base stations out of service, damaged cables ...

    By Zhang Dan | 2021/7/21 22:15:45
  • China urges unity, announces $3b aid at APEC; US eyes splitting region

    The Biden administration would attempt to turn Friday's informal leaders' meeting of the Asia-Pacific Economic Cooperation (APEC) into a geopolitical competition platform serving its purpose of securing regional leadership through Indo-Pacific strategy, instead of caring about people's livelihoods in the ...

    By Zhang Hui and Zhang Dan | 2021/7/16 14:13:42
  • China's H1 foreign trade hits new high, signs of slower growth in H2 not cause for concern

    China on Tuesday reported a 27.1 percent year-on-year trade growth in the first half of 2021 following 13 consecutive months of growth, shrugging off mounting pressure from a set of challenges, including surging raw material prices, a resurgence of COVID-19 ...

    By Wang Cong, Zhang Dan and Qi Xijia | 2021/7/13 19:37:58
  • Trade with US up 45.7% in H1, highest rate among China's major partners

    China's trade with the US in the first half of 2021 was outstanding, as growth rate in US dollar terms was the highest among the nation's major trade partners – even if relations between the world's two largest economies remained ...

    By Zhang Dan | 2021/7/13 13:31:38
  • Game-streaming merger halt shows China's stepped-up efforts to hit monopolies: experts

    The halt of the merger between two Chinese game-streaming platforms ordered by market regulator showed that Chinese authorities have stepped up regulation, in a more scientific manner, to stop monopolistic behaviors that stifle market competition, industry observers and antitrust experts ...

    By Zhang Dan and Song Lin | 2021/7/11 23:07:29
  • China reaffirms opening-up policy amid talks of financial decoupling from US

    China's Foreign Ministry on Thursday stressed that China's policy for opening up to the world and supporting online platforms remain intact, as discussions that a long-feared China-US financial decupling may have started intensified in recent days after Didi Chuxing's regulatory ...

    By Zhang Dan | 2021/7/8 21:13:39
  • Sichuan moves to stabilize hog production after new ASF cases

    Southwest China's Sichuan Province, a major hog production base in the country, introduced measures to stabilize hog production and pork prices on Wednesday, following the finding of African swine fever (ASF) in the province in March.

    By Zhang Dan | 2021/7/7 21:33:39
  • New COVID-19 lockdown worsens trade in China's border city with Myanmar

    Many traders in Ruili, a city in Southwest China's Yunnan Province bordering Myanmar, are worried about their businesses after the city announced a third lockdown on Monday following the detection of three new domestic COVID-19 cases.

    By Zhang Dan and Ma Jingjing | 2021/7/5 21:08:40
  • Central Asian countries aim to attract more investment from China

    Four Central Asian countries which are also members of the Shanghai Cooperation Organization (SCO), presented their local advantages to big Chinese companies at an event in Beijing on Wednesday, aiming to attract more Chinese investment at a time when geopolitics ...

    By Zhang Dan and Yang Kunyi | 2021/6/30 21:03:39
  • Chinese regulators move to rein in surging urea prices after probe

    China's top economic planner and market regulator vowed to strengthen market regulation and crack down on urea hoarding after they investigated a local commodity exchange and urea production firms in major Chinese agricultural provinces following fertilizer prices hike.

    By Zhang Dan | 2021/6/28 12:36:06
  • Industrial profit growth slows in May, but recovery remains solid: NBS

    As China's industrial firms reported slower growth of profits in May amid rising raw material prices, but recovery momentum remains solid given industrial sector's strong resilience against rising risk of US inflationary pressure, according to official data and analysts on ...

    By Zhang Dan | 2021/6/27 13:36:33
  • US mulling ban on solar materials from Xinjiang exposes hypocrisy of human rights concerns

    Canada, together with the US and a small group of Western countries, released a joint statement to hype topics on Northwest China's Xinjiang Uygur Autonomous Region on Tuesday, the second day of the 47th session of the United Nations Human ...

    By Liu Xin and Zhang Dan | 2021/6/23 1:18:39
  • Ports in S.China suffer knock-on effect of Yantian shipping backlogs

    Shipping backlogs at Yantian Port in Shenzhen, South China's Guangdong Province have forced many carriers to divert vessels to other ports in southern China, leading to greater uncertainties in the shipping industry ahead of its coming peak season as the ...

    By Zhang Dan | 2021/6/21 20:12:16
  • China's May corn imports signal record high demand in 2021

    China's corn imports in May surged nearly four times compared with last year due to the country's strong feed demand and competitive foreign corn prices compared with domestic prices, signaling record high demand in 2021.

    By Zhang Dan | 2021/6/18 22:16:38
  • Alibaba's fresh-food chain to open 10 warehouse units in 2021 amid rising competition

    Freshippo, Alibaba's fresh-food chain, announced plans to open 10 members-only warehouse supermarkets in China by the end of the year, with the first to open in Beijing on Friday.

    By Zhang Dan | 2021/6/16 21:43:39
  • Chinese companies grab attention as sponsors at UEFA event

    The strong presence of Chinese sponsors is drawing attention at the UEFA Euro 2020 after the first top-notch sporting event kicked off on Friday in Rome despite the coronavirus pandemic. Four Chinese companies, among the 12 sponsors of the UEFA ...

    By Zhang Dan | 2021/6/14 18:58:39
  • China's dominance in solar energy hard to change

    Even while the coronavirus pandemic still impedes personnel exchanges in business sector as global travels are disrupted, the world solar industry practitioners were paying attention to a major industry exhibition recently after more than 140 countries and regions around the ...

    By Zhang Dan | 2021/6/6 14:48:39
  • Chinese solar firms confident despite unfair, unfriendly trade policies

    China's solar companies projected confidence in their global businesses at a major industry fair in Shanghai, even as they face a barrage of challenges, including unfair trade policies and malicious slander pushed by Western politicians and competitors.

    By Zhang Dan in Shanghai and Liu Xin in Beijing | 2021/6/3 21:43:40
  • Health services to be boosted as people in China retire later: analysts

    Chinese top leadership's announcement on Monday to further relax the country's family planning policy and allow couples to have three children is expected to boost many industries, including the already booming elder-care industry, which is expected to witness explosive growth ...

    By Zhang Hongpei and Zhang Dan | 2021/5/31 21:16:18
  • Shipping costs soar, containers pile up due to COVID-19 flare-ups in Guangdong

    COVID-19 flare-ups at Yantian Port area in Shenzhen, South China's Guangdong Province have slowed the port's handling capacity to one-seventh of the normal level, even as it started to accept heavy export containers starting from Monday.

    By Zhang Dan and Chu Daye | 2021/5/30 19:05:35
  • China to launch nationwide carbon trading market by June

    China plans to launch a nationwide carbon trading market by June, an official said on Wednesday, showing strengthening efforts to reach the country's ambitious goal of net-zero emissions by 2060.

    By Zhang Dan and Shan Jie | 2021/5/26 12:28:39
  • Auto chip supply crunch worsens, probably to last till 2022

    The global vehicle chip supply crunch has not eased. Some automakers plan to cut vehicle production, and industry sources predict things will get worse before it gets better this year.

    By Zhang Dan and Xiong Xinyi | 2021/5/25 21:18:40
  • Livestream e-commerce to continue reaping benefits in China

    When America's top influencer Kim Kardashian saw how fast popular Chinese livestreamer Viya sold 1,5000 bottles of perfume in 2019, the gap between the Chinese and US livestreaming e-commerce industry was brought into sharp relief.

    By Zhang Dan in Hangzhou | 2021/5/25 16:59:51
  • Chinese firms cut soymeal content in hog feed to reduce imports

    Leading hog and feedstock producers in China are using less soybean meal to lower the country's import dependence on the crop, as feed prices soar and trade tensions and the COVID-19 pandemic pose uncertainty for global trade.

    By Zhang Dan | 2021/5/20 20:33:40
  • China's semiconductor IP sector accelerates drive for self-reliance

    The semiconductor intellectual property (IP) sector in China is growing rapidly by the day, with tens of thousands of chip design companies striving for self-reliance amid an ever-escalating China-US tech rivalry and lingering US crackdown. But they still face challenges, ...

    By Zhang Dan and Shen Weiduo | 2021/5/19 22:29:58
  • After 2 years of US ban, Huawei further speeds up self-rescue

    Chinese tech giant Huawei is further stepping up what analysts call self-rescue efforts, as it unveiled a batch of new innovation plans to build its independent ecosystems on Monday, which marks the second anniversary of the US' blacklisting – in ...

    By Zhang Dan and Yang Kunyi | 2021/5/17 20:32:35
  • News analysis: 'Forced labor' lies won't beat down Xinjiang solar firms

    In the city of Shihezi, a two-hour drive or some 150 kilometers northwest of Urumqi, regional capital of Northwest China's Xinjiang Uygur Autonomous Region, a factory producing polysilicon demonstrated how Chinese firms, including those in the region, rose to dominance ...

    By Zhang Dan | 2021/5/16 21:43:41
  • Xinjiang solar firm debunks 'forced labor' lies by hosting Western media, analysts

    Xinjiang Daqo, a high-purity polysilicon manufacturer in Northwest China's Xinjiang Uygur Autonomous Region, sought to debunk accusations of using “forced labor,” as it opened its doors to solar industry analysts from top financial institutions and journalists from English-language media.

    By Zhang Dan in Shihezi, Xinjiang | 2021/5/12 23:08:40
  • India's trade barrier against Chinese Wi-Fi devices to hurt local economy: experts

    Imports of Chinese finished electronic products containing Wi-Fi modules have been delayed for months in India, leaving some companies with no way out as the South Asian nation lacks the ability to make these devices and the coronavirus onslaught has ...

    By Zhang Dan | 2021/5/9 22:01:36
  • EV battery giant CATL produces nine billionaires: Forbes

    Thanks to China's rapid growth in electric vehicles (EVs), the world's largest manufacturer of batteries for EVs - Contemporary Amperex Technology (CATL) - has produced nine billionaires, with the number of the mega-rich surpassing that for tech giants such as ...

    By Zhang Dan | 2021/5/5 21:35:17
  • HK adopts 4 e-payment platforms to issue digital vouchers to prop up economy

    Four electronic payment providers were chosen by Hong Kong to operate the city's HK$36 billion digital voucher scheme this summer, which is estimated to bring economic growth of 0.7 percentage points this year, Hong Kong's Financial Secretary said on Sunday. ...

    By Zhang Dan | 2021/4/11 15:34:15
  • China's economic recovery pushes coal mines to increase yield

    China's fast economic rebound from coronavirus has driven up electricity demand, leading to higher consumption of coal which is seeing rising prices, an energy expert said following a meeting requiring coal plants to increase production to the maximum level.

    By Zhang Dan | 2021/4/8 20:14:33
  • China's central bank working paper suggests establish RMB futures market at proper time

    A central bank working paper has suggested improve the onshore market pricing mechanism of RMB exchange rate and establish RMB currency futures market at proper time.

    By Zhang Dan | 2021/4/7 14:08:40
  • Semiconductors supply woes deepen, global cooperation urgently needed to expand production

    Showing no sign of slackening, the global chip supply shortfall is pushing up the prices of chip wafers and semiconductor products by a steep 20 percent, media reports said.

    By Zhang Dan | 2021/4/2 17:42:29
  • Jade trade closes amid coronavirus flare-up in Ruili

    Ruili in Southwest China's Yunnan Province, the main bridge linking the country with Myanmar, has closed the jade trade fair in the city and suspended the imports of jade from Myanmar following the latest flare-up of novel coronavirus cases, according ...

    By Zhang Dan and Tao Mingyang | 2021/4/2 0:22:48
  • Expanding bilateral trade, remaking of industry chains expected as ASEAN FMs visit China

    With the signing of the Regional Comprehensive Economic Partnership (RCEP), upgraded China-ASEAN Free Trade Agreement and upcoming visits by four foreign ministers of ASEAN countries to Beijing, China and ASEAN are set to expand their economic and trade cooperation.

    By Chi Jingyi and Zhang Dan | 2021/3/31 19:58:40
  • Hemp growers' shares dive facing a possible ban, pushing firms to seek exports

    An official notice seeking public comments on a proposed ban on the use of industrial hemp in cosmetics sent the shares of many major hemp growers in China diving on Monday, prompting some growers to look to exports to survive.

    By Zhang Dan and Tao Mingyang | 2021/3/29 20:18:40
  • Travel to Xinjiang gains pace after foreign brands refuse region's cotton

    Travel to Northwest China's Xinjiang Uygur Autonomous Region gained instant popularity among Chinese tourists on Thursday, which showed their practical support for the region, after some foreign clothing brands announced their refusal to use cotton produced in the region.

    By Zhang Dan | 2021/3/25 20:58:40
  • After a dusty spring, China seeks further cooperation on sand control with Mongolia

    This spring, many parts of northern China, including the capital Beijing, have been consistently invaded by sand and dust from Mongolia. The two neighboring countries have been sharing projects for controlling the sand in recent decades, but the dreadful sandstorms ...

    By Shan Jie and Zhang Dan | 2021/3/25 3:03:09
  • China's state-owned assets supervisor demands risk control of offshore capital

    China's State-owned Assets Supervision and Administration Commission of the State Council (SASAC) asked centrally administered state-owned enterprises (SOEs) to effectively control the risks of offshore funds on Tuesday in reaction to possible risks including exchange control, exchange rate swings and ...

    By Zhang Dan | 2021/3/23 14:11:20
  • Production localization new focus for Shanghai semiconductor show amid supply crunch, US sanctions

    A global supply crunch and US sanctions on China's leading chipmakers have accelerated the localization of semiconductor industry, with more upstream and downstream firms looking more to the Chinese domestic market and ramping up efforts to break the bottleneck of ...

    By Qi Xijia and Zhang Dan | 2021/3/18 20:38:40
  • Foreign elder caring firms hungry for Chinese market, but challenges exist

    "I would prefer nursing home when I turn 80 years old instead of being stuck at home with my husband and a nurse," Sun Yahong, 64, a Beijing resident said when thinking of her elderly life.

    By Zhang Dan | 2021/3/17 17:38:40
  • Dropping fiber cable route to HK leaves no winner for US or China: analyst

    Amid US government pressure, Facebook has given up a project to lay more than 8,000 miles of fiber cable along the seabed to connect California with Hong Kong, leaving no winner for either the US or China, according to an ...

    By Zhang Dan and Zhang Hongpei | 2021/3/13 2:58:01
  • Huawei may become a bargaining chip at Quad meeting following reportedly new US, Indian bans: experts

    Ahead of the Quadrilateral Security Dialogue (Quad) meeting on Friday, the US and India have both reportedly hyped up their new limits on China's telecom provider Huawei. Experts interpreted their moves at such a point as "all bluff and bluster" ...

    By Zhang Dan | 2021/3/12 13:55:47
  • Premier addresses pressure on growth, job creation at press conference

    Chinese Premier Li Keqiang on Thursday addressed a series of challenges in various areas of the country's economic and social development, including great uncertainties for growth, mounting pressure on employment and weaknesses in fundamental research, striking a sobering note over ...

    By Wang Cong, Zhang Dan and Shen Weiduo | 2021/3/11 21:45:27
  • China vows crackdown on unlicensed African swine fever vaccines

    Illicit African swine fever (ASF) vaccines will be deal with in China due to their huge latent risks, the agriculture ministry said, while multiple vaccine candidates are undergoing clinical trials after around 1.2 million hogs were culled in China and ...

    By Zhang Dan | 2021/3/9 20:26:35
  • China's de-carbonization drive to unleash huge market potential

    China's goal to hit peak emissions before 2030 and realize carbon neutrality by 2060 will unleash huge market potential in the new energy sector, on both the demand and supply sides. Experts encourage foreign governments to remove trade barriers to ...

    By Yin Yeping and Zhang Dan | 2021/3/7 19:13:39
  • AI tool to tell differentials of rare animals, including pandas: Chinese professor

    The newly-developed tool to recognize the faces of golden snub-nosed monkeys could be used in the research on a wide range of rare animals, including pandas, a Chinese professor told the Global Times on Thursday.

    By Zhang Dan | 2021/3/4 19:48:39
  • China's market regulator fines 5 platforms over price war to grab share

    China's State Administration for Market Regulation (SAMR) fined five community group-buying online platforms on Wednesday citing improper price competition practices, a move that shows the country's strengthening supervision of emerging online businesses and efforts to deter technology giants from becoming ...

    By Zhang Dan and Yang Kunyi | 2021/3/3 20:38:40
  • China's market regulator fines 5 platforms over price war in online grocery sales

    China's State Administration for Market Regulation fined 5 community group buying platforms on Wed due to improper price competition practices

    By Zhang Dan and Yang Kunyi | 2021/3/3 11:20:59
  • China's digital currency likely to be highlighted at two sessions

    China's digital currency, which is now being tested in cities such as Shenzhen, Beijing and Shanghai, is expected to be highlighted at the forthcoming annual two sessions after being written into multiple regional governments' annual work reports.

    By Zhang Dan | 2021/3/2 19:11:53
  • China's manufacturing PMI expands at slower pace in Feb

    China's manufacturing activity remained in expansion territory in February, but at a slower pace compared with January, due to the impact of the Spring Festival holidays and COVID-19 flare-ups earlier this year, said analysts.

    By Zhang Dan | 2021/2/28 17:04:17
  • China to reinforce agricultural seed breeding to shore up national grain security

    China has vowed to reinforce its agricultural seed breeding sector to maintain national grain security. The move comes as the central government unveiled the “No. 1 document” for 2021 to renew its emphasis on boosting grain output and food security. ...

    By Zhang Dan and Ma Jingjing | 2021/2/22 20:58:40
  • 31 China's provinces and regions set GDP growth targets about/above 6%

    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 ...

    By Zhang Dan and Xie Jun | 2021/2/21 22:33:39
  • Texas power outages to exacerbate global chip shortages

    The severe weather gripping the US state of Texas will worsen a global shortage of chips, after power outages forced several semiconductor manufacturing plants in the city of Austin to shut down.

    By Zhang Dan and Yin Yeping | 2021/2/18 19:53:07
  • Holiday spending glows as large-scale traffic on halt

    As the Chinese authorities encourage people to stay put over the Spring Festival holidays to reduce the risk of an infection spike, the country's usual massive Chunyun or the Spring Festival travel rush has disappeared, which is replaced by bustling ...

    By Ma Jingjing and Zhang Dan | 2021/2/10 0:28:24
  • Chinese cities issue digital voucher to instill consumer confidence during Spring Festival

    Multiple cities in China have issued consumption vouchers and a variety of benefits, aiming to bolster consumer confidence during the upcoming Spring Festival holiday while containing COVID-19 still remains a vital task for the country.

    By Zhang Dan | 2021/2/9 20:53:39
  • Containers line up at China's sea ports, showing foreign consumers' appetite for Chinese goods

    A massive line-up of containers at Yantian Port in Shenzhen, South China's Guangdong Province, has reached its limits and led to serious congestion there.

    By Zhang Dan | 2021/2/8 20:06:14
  • Chinese catering businesses launch recruitments for festival

    As a consequence of China's call for people to stay put during the upcoming Spring Festival holiday to reduce the risk of virus spreading, restaurants are finding that they need more helpers to serve people who dine in or order ...

    By Zhang Dan | 2021/2/4 19:38:37
  • China may raise imports of chipmaking machines to expedite localization: analysts

    While China's integrated circuit imports hit a record high of more than $350 billion in 2020, analysts said that semiconductor stockpiling by Chinese companies in response to US technology bans won't last long, but imports of chipmaking machines may continue ...

    By Zhang Dan | 2021/2/3 20:53:40
  • Largest China-Myanmar land port reports no impact on cross-border trade so far

    Ruili Port in Southwest China's Yunnan Province, the largest land port on the China-Myanmar border, said so far it has seen no impacts on cross-border trade following Myanmar's military announcement of a state of emergency on Monday.

    By Zhang Dan | 2021/2/2 12:28:25
  • GDP rebound may slow in Q1 due to new virus outbreaks

    As China's official manufacturing Purchasing Managers Index (PMI) and private Caixin manufacturing PMI for January both dropped in January, some analysts said that China's economic rebound may slow in the first quarter due to sporadic COVID-19 outbreaks and strict virus ...

    By Zhang Dan | 2021/2/1 21:08:39
  • Chipmakers reallocate wafer capacity to ease global chip shortage for vehicles

    Chip producers in China are churning out wafers to support carmakers around the world while a global shortage of vehicle chips persists, leaving some automakers around the world with no choice but to shut down assembly lines.

    By Zhang Dan | 2021/1/28 21:23:39
  • HSBC chief takes rational stance on Hong Kong: analysts

    The recent defense by HSBC's chief executive of the move to freeze the bank accounts of former anti-government lawmaker Ted Hui in Hong Kong shows the bank's rational stance and respect for Chinese laws, analysts said.

    By Zhang Dan and Chen Qingqing | 2021/1/27 23:15:06
  • Singaporean minister calls for multilateral cooperation at Davos economic forum

    An Asian speaker at a Davos economic forum discussion panel called Monday for pursing multilateralism while the world struggles with COVID-19.

    By Zhang Dan | 2021/1/25 20:12:21
  • Vegetable prices likely to drop, but epidemic measures a challenge to logistics: vendors

    As stricter COVID-19 containment measures and inspections have lifted logistics costs, driving up prices of fresh produce in some major Chinese cities, the country's top economic planner and vegetable vendors in North China said that they expect prices to drop ...

    By Zhang Dan | 2021/1/24 21:28:39
  • Restructuring manufacturing sector helps Chinese provinces revive economies fast: experts

    After several provinces and cities in China revealed better-than-expected economic performances in 2020, experts pointed out the containment of COVID-19, structural adjustment and innovation remain top priorities to achieve an outstanding economic recovery this year.

    By Zhang Dan | 2021/1/20 20:27:01
  • AIIB grows and thrives out of doubts

    Over the past five years since the China-initiated Asian Infrastructure Investment Bank (AIIB) was founded, the multilateral development bank has thrived out of doubts and ramped up efforts to build a new type of development platform.

    By Zhang Dan | 2021/1/18 19:53:40
  • AIIB stresses green, tech-enabled infrastructure, eyes regional cooperation globally in post-COVID era

    On the eve of its fifth anniversary, the Asian Infrastructure Investment Bank (AIIB) has highlighted green, technology-enabled infrastructure and regional cooperation that will shape Asia's recovery in the post-COVID-19 era, reflecting the need for the infrastructure sector to manage short-term ...

    By Zhang Dan | 2021/1/13 18:19:28
  • Foreign Minister's visit to SEA countries to promote deeper cooperation, build on relations: expert

    China's Foreign Minister Wang Yi has embarked on a four-nation tour of Southeast Asia immediately after finishing his tour in Africa at the beginning of the New Year that marks the 30th anniversary of China-ASEAN dialogue relations.

    By Zhang Dan | 2021/1/11 17:48:39
  • Cooperation in public health to spearhead China's international efforts, rekindling US interest welcomed

    Cooperation in public health will spearhead China's international cooperation in the coming years, Chinese analysts said, as a key white paper put helping countries to fight the COVID-19 virus as a top focus on Sunday.

    By Chu Daye and Zhang Dan | 2021/1/10 22:03:40
  • Gene editing to help China reduce dependence on livestock imports: experts

    Advanced technologies such as gene editing can help China reduce its dependence on livestock imports, Chinese agricultural experts said, after the world's first myostatin gene (MSTN) edited Huyang sheep was born in China, with the technology used to boost the ...

    By Zhang Dan and Qi Xijia | 2021/1/7 20:23:39
  • Trump unleashes final 'frenzy' to hamstring Biden

    Outgoing US President Donald Trump is seeking to further escalate diplomatic and economic tensions with China through banning US transactions with eight Chinese mobile apps and holding a "political-military dialogue" with the island of Taiwan, in what Chinese experts call ...

    By Wang Cong, Zhang Dan and Yang Sheng | 2021/1/6 20:18:39
  • Trump ban on Chinese apps 'political show' to hamstring Biden: analysts

    Outgoing US President Donald Trump on Tuesday issued a ban on US transactions with eight Chinese mobile apps, in his latest move to further escalate a long-running tech war against China even as he is expected to leave the White ...

    By Wang Cong, Zhang Dan and Yang Sheng | 2021/1/6 17:51:51
  • NYSE U-turn on Chinese telco delistings shows flexibility Biden wants on China issues: expert

    The New York Stock Exchange (NYSE) confirmed it no longer intends to delist three Chinese telecom companies - China Telecom, China Mobile and China Unicom (Hong Kong), in a dramatic u-turn coming only days after it announced the move to ...

    By Zhang Dan | 2021/1/5 13:33:49
  • How Chinese drone makers help with US, UK combat COVID-19?

    While the US government is making life difficult for Chinese drone makers by imposing economic sanctions on them, Washington has ignored how these companies have been helping the US in combating COVID-19, and undergoing some high-risk rescue operations.

    By Zhang Dan | 2020/12/24 16:13:39
  • Eurasian countries show great interest in China-proposed global COVID-19 QR code

    Eurasian countries have shown great interest in an international digital health code for individuals proposed by China to prevent the spread of the coronavirus, said representatives from various medical associations on Monday.

    By Zhang Dan in Foshan | 2020/12/22 0:42:48
  • Chinese companies see different effects from new US blacklist

    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 ...

    By Xie Jun and Zhang Dan | 2020/12/20 21:38:39
  • Shenzhen drivers fret as shipping containers are stuck abroad

    As China continues to churn out and deliver healthcare goods needed by the world amid the coronavirus pandemic, drivers at Shenzhen's Yantian Port in South China's Guangdong Province are anxiously waiting shipping containers.

    By Zhang Dan in Shenzhen | 2020/12/20 20:33:40
  • Shenzhen truck drivers increasingly worried about containers stuck abroad

    As China continues to churn out and deliver medical-care goods needed by the world amid the coronavirus pandemic, freight drivers at Shenzhen's Yantian Port in South China's Guangdong Province are anxiously waiting for the shipping containers.

    By Zhang Dan in Shenzhen | 2020/12/20 11:25:54
  • First reconstruction project of high-speed railway junction station in China completes

    Reconstruction of Shenzhen North Railway Station in South China's Guangdong Province has completed on Friday, marking the first project of its kind in China and showing the country's high-speed railway boasts not only robust and industry-leading technology but also mature ...

    By Zhang Dan in Shenzhen | 2020/12/18 12:33:45
  • Spring Festival to see travel peak despite calls to cancel celebration due to epidemic concern

    Recent outbreaks of COVID-19 in multiple cities are scaring off some Chinese people from going on their annual Spring Festival holiday, with some calling for its cancellation over fears that the annual Spring Festival travel rush, the world's biggest human ...

    By Liu Caiyu and Zhang Dan | 2020/12/14 19:03:40
  • Third index provider removes Chinese firms, won't hurt nation's economy

    Removing Chinese firms from global indices due to the Trump administration's blacklisting may lead to a short-term trend of anti-Chinese company moves in the financial sector, but China's economy, military and technology development will not be impeded by Trump's executive ...

    By Zhang Dan | 2020/12/13 20:33:40
  • Revamped supply chains create value in Asia

    In light of mounting claims that global manufacturers are shifting their supply chains away from China this year due to COVID-19, diversification, and China's growing labor costs, some foreign envoys and trade representatives point out that restructuring supply chains will ...

    By Zhang Dan | 2020/11/30 19:13:51
  • Regional cooperation key for revival

    Tropical fruit from Southeast Asian countries was rarely seen in China a decade ago, but now durian from Thailand and mangosteen from Malaysia are regular products for Chinese consumers. Meanwhile, Chinese smartphone brands used to be strange names to users ...

    By Zhang Dan in Nanning | 2020/11/29 17:23:40
  • China-ASEAN relations 'most successful, vibrant model' for cooperation in Asia-Pacific: Xi

    With Chinese President Xi Jinping crediting China-ASEAN relationship as "the most successful and vibrant model for cooperation" in the Asia-Pacific, the bilateral relations between the two economies will navigate toward a diamond decade after 10 years of "golden era" - ...

    By Hu Yuwei and Zhang Dan in Nanning and Li Xuanmin in Beijing | 2020/11/27 21:17:51
  • China-Russia trade likely to rise this year despite global stagnation

    Despite fallout from the pandemic and disruptions to the world economy, trade between China and Russia, driven by profound political mutual trust and cooperation even in hard times, is strongly resilient and could expand this year to exceed the record ...

    By Yin Yeping and Zhang Dan | 2020/11/25 21:38:41
  • Mexico expects Chinese firms to invest in high tech and auto industries: Mexican ambassador

    Mexico has extended the hand of friendship to Chinese auto related and high-tech companies to invest in the country aimed at strengthening manufacturing and e-commerce sectors in the post-COVID-19 era, the Mexican Ambassador to China Jose Luis Bernal Rodriguez told ...

    By Zhang Dan | 2020/11/25 16:52:04
  • Global COVID-19 QR code key to restart

    One of China's distinct solutions to combat COVID-19 pandemic is setting up an international mechanism consisting of a QR health code as proposed by China's top leader over the weekend.

    By Li Qiaoyi and Zhang Dan | 2020/11/24 20:53:40
  • China proposes to lift world by taking responsibility in virus control, green growth

    Chinese President Xi Jinping has attended a series of multilateral events in the last days, and put forward China's comprehensive solutions to global challenges, including approaches to fight COVID-19 pandemic, ways to facilitate global economic recovery, and methods to cap ...

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

    The G20 is expected to endorse a plan to extend a debt-servicing moratorium for poor and highly indebted economies in the developing world by six months to mid-2021, said a draft G20 communique, as the coronavirus pandemic has hit the ...

    By Zhang Dan and Shen Weiduo | 2020/11/22 21:23:33
  • Green finance is AIIB's DNA: bank's principal investment officer

    After China and other Asian countries made net zero emissions pledges recently, substantial investment in green infrastructure has reinforced the need for the Asian Infrastructure Investment Bank (AIIB) to focus on more environmentally friendly projects.

    By Zhang Dan | 2020/11/19 1:34:41
  • RCEP's boost to e-commerce

    Twenty-five-year-old Miao Yujie said he was greatly cheered by the inking of the Regional Comprehensive Economic Partnership (RCEP) on the weekend, because his e-commerce clothing startup, which sells to Southeast Asia, will undoubtedly reap the rewards of an agreement that ...

    By Zhang Dan | 2020/11/17 19:08:40
  • RCEP to boost region's textile sector

    With China and 14 other economies signing the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, on Sunday, the textile and apparel business will get a strong boost and form a more closely integrated supply chain in ...

    By Yang Kunyi and Zhang Dan | 2020/11/16 20:22:22
  • Trump admin ramps up pressure on China to limit Biden's policy space

    Imposing a ban on US investment in 31 companies for a so-called “military link,” denying Taiwan island as part of China… as the hope for a second term quickly fades away, the Trump administration seems to speed up their “crazy” ...

    By Liu Xin, Yang Sheng and Zhang Dan | 2020/11/13 22:16:29
  • Chinese firms to build largest cross-sea cable-stayed bridge in Latin America

    One of the highlights of the bridge will be the 12.4-kilometer cross-sea section, with the main tower topping up at 205 meters and a maximum span of 450 meters.

    By Zhang Dan | 2020/11/12 22:43:28
  • Huawei faces uncertain challenge

    SMIC's earnings reached record high with the revenue hitting 7.638 billion yuan ($1.15 billion), growing 13 percent from the last quarter.

    By Chi Jingyi and Zhang Dan | 2020/11/12 19:07:07
  • RCEP poised to be signed at weekend

    The long-awaited signing of the world's largest trade pact - the Regional Comprehensive Economic Partnership (RCEP) - is poised to take place this weekend, which experts said signals stronger and more united trade partnerships and more stable supply chains in ...

    By Zhang Dan | 2020/11/11 20:46:52
  • Markets see Biden surge

    A coming Joe Biden US presidency is sending global markets higher and injecting notable optimism into China's equity market, as he is expected to move away from a financial decoupling with China, market observers said.

    By Zhang Dan and Li Qiaoyi | 2020/11/9 19:41:20
  • Singapore searches on Trip.com surge after border restrictions lifte

    The search volume for Singapore on China's largest online travel agency Trip.com soared 379 percent, after the Southeast Asian country lifted border restrictions for visitors from the Chinese mainland starting from Friday.

    By Zhang Dan | 2020/11/4 19:18:41
  • Telecom operators rush to promote 5G

    As China ramps up efforts to commercialize its 5G network, domestic carrier users now find it inconvenient to hang onto the “old-fashioned” 4G network, with analysts saying the situation reflects discrepancies between 5G's commercial promotion and users' current needs.

    By Zhang Dan and Wang Sheng | 2020/11/3 22:33:40
  • China eyes becoming world's largest consumer economy

    For decades, China pursued a mostly export- and investment-driven growth model that powered the once backward nation to becoming the world's biggest trading country and second-largest economy. But in light of a fundamental structural shift in the economy and mounting ...

    By Wang Cong and Zhang Dan | 2020/10/28 19:36:52
  • Fintech listing brings diversification and inclusion to China's A shares

    Chinese fintech giant Ant Group will raise $34.5 billion in dual IPOs in Hong Kong and Shanghai after setting the price of its shares on Monday, making it the biggest IPO in history.

    By Yang Kunyi and Zhang Dan | 2020/10/27 19:43:40
  • Beijing city require tracing data of imported cold-chain food

    In a bid to strengthen supervision of imported cold-chain foods that may carry COVID-19, Beijing local authorities have ordered all relevant companies to trace the sources and whereabouts of frozen meat and seafood starting November 1.

    By Zhang Dan | 2020/10/26 20:25:43
  • First group of Chinese tourists arrive in Bangkok, rekindle hopes of tourism comeback

    The arrival of 41 Chinese tourists holding a Special Tourist Visa (STV) in Bangkok on Tuesday, the first batch of foreign tourists after Thailand closed its borders in March to contain COVID-19, has rekindled hope among local tour agents and ...

    By Zhang Dan | 2020/10/21 20:38:40
  • Australian firms eager to attend CIIE

    About 200 Australian firms will attend the 3rd China International Import Expo (CIIE) in Shanghai in November, seeking to expand exports to China despite the Western media's hyping of a “trade war” between the two countries caused by worsening diplomatic ...

    By Ma Jingjing and Zhang Dan | 2020/10/20 21:08:41
  • Tesla exports Made-in-China Model 3 to Europe

    China is becoming increasingly significant to US-based electric car producer Tesla, as it is starting to export made-in-China Model 3 vehicles to Europe amid fraying US-China relations.

    By Zhang Dan | 2020/10/19 20:43:40
  • China creates 8.98m urban jobs, meeting 99.8% of annual target

    China has already met 99.8 percent of this year's target to create 9 million urban jobs in the first 9 months of 2020, a Chinese official has said on Monday, describing the country's job market as "stable."

    By Zhang Dan | 2020/10/19 15:38:40
  • Huawei faces tough competition in home devices market

    Huawei may face intense competition in the domestic devices market against rivals including Xiaomi, OPPO and Vivo, as well as US brand Apple, if the US semiconductors supply ban on the company stays in place, industry observers say.

    By Zhang Dan | 2020/10/12 19:38:40
  • China leads boom in online concerts

    The COVID-19 pandemic, which is battering the world and disrupting global travel, gave Jamie Gao the unique opportunity to enjoy an online concert from her idol - popular Chinese boy band TFBOYS.

    By Zhang Dan | 2020/10/11 18:43:40
  • US market not primary for payment platforms

    Even if the US government tightens restrictions on the digital payment platforms managed by China's Ant Group and Tencent Holdings as reported by US media, the subsequent effects will be unsatisfying for US President Donald Trump, analysts said, because what ...

    By Zhang Dan | 2020/10/8 20:58:40
  • Foreign automakers optimistic on China

    While auto fairs in Detroit and Geneva have been cancelled due to the COVID-19 pandemic, the 2020 Beijing Auto Show — which showcases the latest models and offers a look at the revival of China's auto industry -- has created ...

    By Zhang Dan | 2020/9/28 20:23:40
  • Qualcomm may be next to get permission to supply Huawei: analysts

    Qualcomm may become the next company after Intel and Advanced Micro Devices Inc (AMD) to obtain a license from the US government to continue supplying some products to Huawei, considering the US semiconductor maker's huge investment in lobbying and the ...

    By Zhang Dan and Li Xuanmin | 2020/9/22 19:52:22
  • China sets up three new FTZs, showing efforts to further open up

    China on Monday set up three new free trade zones (FTZs) in Beijing, Central China's Hunan Province and East China's Anhui Province, as well as expanding the FTZ in East China's Zhejiang Province. The move demonstrates an effort to further ...

    By Zhang Dan | 2020/9/21 12:15:24
  • US maximizes pressure on TikTok ahead of deadline

    With the US Commerce Department announcing Friday a ban on the use of WeChat and TikTok, the Trump administration has gone to extremes to turn the US market into a slaughterhouse for Chinese firms. Industry observers said this shows President ...

    By Li Qiaoyi and Zhang Dan | 2020/9/18 22:09:20
  • Chinese students will take Hainan Airlines chartered flights to resume courses in UK

    Responding to the demand from 23 universities in the UK, Chinese airline Hainan Airlines is arranging the first batch of chartered flights for Chinese students to start or resume their studies in the UK amid the COVID-19 pandemic.

    By Zhang Dan | 2020/9/17 10:31:42
  • Duty-free sales in Hainan top $1 billion in two months, boosting confidence to build global tourism, shopping center

    Tourism analysts estimate the duty-free shopping in Hainan will become a highlight during the upcoming National Day holiday in early October which will give Chinese an eight-day break. Along with an anticipated tourism boom, China's duty-free shopping market is likely ...

    By Zhang Dan | 2020/9/16 18:50:56
  • Recovery of domestic demand likely accelerated in August

    With improving economic activity, China's recovery of manufacturing and domestic demand accelerated in August, and retail sales probably grew year-on-year for the first time since the coronavirus outbreak, analysts say.

    By Zhang Dan | 2020/9/14 19:08:40
  • China becomes Germany's top export market in Q2, illuminating future cooperation

    As the coronavirus battered world economies, China in the second quarter surpassed the US and became Germany's largest export market for the first time, illuminating the prospects for trade and investment cooperation between the world's second-largest economy and the largest ...

    By Zhang Dan | 2020/9/13 20:03:40
  • China's tourism industry waits for boom, pent-up demand in October

    From the beaches of the "Hawaii of China" Sanya, to the Mogao Grottoes in Dunhuang, the comeback of Chinese tourists to domestic scenic spots rekindled hope for the heavily-hit tourism industry following the COVID-19 pandemic.

    By Zhang Dan in Gansu | 2020/9/6 14:28:40
  • BRI thoroughfare connecting Gansu, Qinghai in NW China starts asphalt paving

    A 62.77-kilometer road on high altitude connecting Gansu and Qinghai provinces in Northwest China started asphalt paving on Wednesday, aiming to shorten the travel time by almost two-thirds next year, which will facilitate tourist and freight transport between the two ...

    By Zhang Dan in Gansu | 2020/9/2 14:09:56
  • Time, talent what Huawei needs most in coping with US crackdown: analysts

    Chinese tech giant Huawei announced on Sunday it will hold the hotly anticipated Huawei Developer Conference 2020 in Dongguan, South China's Guangdong Province from September 10 to 12, but the much-awaited HarmonyOS smartphones will not be launched either during the ...

    By Zhang Dan | 2020/8/30 21:08:40
  • China, Russia eye closer partnership in technology innovations

    Chinese President Xi Jinping and Russian President Vladimir Putin Wednesday respectively sent congratulatory letters to the opening of the Year of Scientific and Technological Innovation between the two countries, according to the Xinhua News Agency.

    By Zhang Dan and Zhang Hongpei | 2020/8/26 22:08:41
  • Tariff battle with China will backfire on India, all-out trade war unlikely: analysts

    India's overconfidence in its economic strength and its many challenges against Chinese enterprises will hurt itself more in the longer term amid bilateral tensions and the ongoing COVID-19 pandemic, analysts warned, adding that a tit-for-tat tariff war was unlikely.

    By Chi Jingyi and Zhang Dan | 2020/8/25 23:46:30
  • Foreign firms marvel at Shenzhen's rise

    Foreign companies that have witnessed China's reform and opening-up firsthand in Shenzhen, the pioneering city in South China's Guangdong Province, said that their businesses flourished in the Chinese market as Shenzhen underwent tremendous transformation over the past four decades, and ...

    By Zhang Dan and Chu Daye | 2020/8/24 23:08:41
  • Significance of Yangtze River Delta development strengthened in post-virus era

    The integrated and high-quality development of the Yangtze River Delta region, which drives nearly one-quarter of China's GDP growth, will play a more significant role in the economy's revival amid a global recession and escalating tensions with the US.

    By Zhang Dan | 2020/8/23 21:48:24
  • China-US trade talks on, reassure phase 1 deal after mixed signals from US

    China's Ministry of Commerce (MOFCOM) said on Thursday that Chinese and US officials will hold trade talks in the “coming days,” offering urgently needed reassurance, after mixed signals from US officials sparked concerns over the phase one trade agreement, though ...

    By Wang Cong and Zhang Dan | 2020/8/20 21:13:24
  • Economy heads for annual expansion amid epidemic

    A slew of July economic data showed a steady recovery for the world's second largest economy, which points to an annual expansion despite a global economic recession amid the COVID-19 pandemic.

    By Zhang Dan and Zhang Hongpei | 2020/8/14 22:03:41
  • Shanghai mayor meets with US ambassador to China amid speculation of soothing ties

    The meeting between the US ambassador to China and Shanghai mayor, despite deteriorating bilateral relations, has sparked speculation of soothing China-US ties.

    By Zhao Yusha and Zhang Dan | 2020/8/6 22:28:25
  • China's IC industry picks up steam

    China's integrated circuit (IC) industry has seen steady growth in recent years and it will advance the country on the path of self-reliance based on booming domestic demand, industry analysts said Wednesday.

    By Zhang Hongpei and Zhang Dan | 2020/8/5 19:33:41
  • Chinese currency gains value while the US dollar tumbles

    As the US Dollar Index (DXY) lost ground with a decade-low single month decline, analysts warned that the weak dollar cycle has started amid increasing uncertainties of the COVID-19 pandemic and the US presidential election.

    By Zhang Dan | 2020/8/4 15:05:05
  • Ventilators still in demand amid global fight against COVID-19

    After Chinese medical equipment manufacturers rushed to churn out medical supplies for the global battle against COVID-19, concerns about overcapacity of the products have arisen with some media reports alleging that Chinese-made ventilators are suffering from returns.

    By Zhang Dan and Yin Yeping | 2020/8/3 19:39:58
  • China aims to make BeiDou application best among peers

    China aims to make the application of Beidou Satellite Navigation System (BDS) the best among all other navigations, and be more inclusive to provide value-added services including short messaging, satellite based augmentation and international research-and-rescue services, the spokesperson of BDS ...

    By Li Xuanmin and Zhang Dan | 2020/8/3 19:38:40
  • Jakarta-Bandung high-speed railway makes steady progress amid COVID-19 pandemic

    The high-speed rail project linking Indonesia's Jakarta and Bandung, being constructed by Chinese workers, has progressed well amid the country's COVID-19 prevention and control measures.

    By Zhang Dan | 2020/8/2 18:53:42
  • AIIB president speaks highly of the bank's cooperation with India

    The president of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, who was re-elected for a second term at the bank's annual general meeting, told a press conference on Tuesday that the AIIB has enjoyed very good cooperation with ...

    By Zhang Dan | 2020/7/29 1:48:25
  • Jin Liqun reelected president of AIIB, pledges to expand investments for tomorrow

    The incumbent president of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun has been elected for a second term, the chair of AIIB's Board of Governors announced on Tuesday.

    By Zhang Dan | 2020/7/28 19:41:03
  • Box office presales rekindle hope for virus-hit industry as cinemas reopen

    A nearly 500,000 yuan ($71,508) box office presales for the day may not work as a life-saving straw, but would rekindle the hopes of the virus-hit industry amid economic recovery across the country.

    By Zhang Dan and Chi Jingyi | 2020/7/19 15:51:30
  • V-shaped rebound expected

    After turning in its first contraction on record in the first quarter amid the epidemic, China's economy is back on a growth track in the second quarter, market estimates collected by the Global Times show, a feat that sets the ...

    By Li Qiaoyi and Zhang Dan | 2020/7/14 21:43:41