Economy
China's investment in innovation-driven sectors held up well in the first three quarters of 2026, even as overall fixed-asset investment continued to contract, official data showed on Monday. Investment in intellectual property products rose 9.3 percent year on year in the Jan.-Sept. period, while investment in high-tech industries grew 4.9 percent, the National Bureau of Statistics (NBS) said in a statement.
By Xinhua | 2026/10/20 7:39:56
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  • Shopping festival

    Visitors browse products at a shopping festival in Beijing on October 19, 2026. Running from October 18 to 22, the event features specialty products and cuisines from various countries, stage performances, handicraft experiences and interactive activities, combining culture, consumption and entertainment. Photo: CNS Photo

    By CNS Photo | 2026/10/19 23:49:31
  • Japan's economic foundation undercut by defense spending

    The Japanese government is considering a plan to increase corporate tax to fund a boost in defense spending, Japan Today reported on Sunday, citing sources familiar with the matter. The business community, however, may resist a corporate tax increase out of concern that it could hamper wage hikes and undermine Japan's international competitiveness, the report said.

    By Global Times | 2026/10/19 23:34:13
  • World stands to gain from affordable Chinese AI by looking beyond geopolitical bias

    Should Britain reject the lure of “cheap” Chinese artificial intelligence (AI)? In a column published in The Guardian on October 17, Phillip Inman makes the case for doing so. Yet the experience of businesses using AI tells a different story.

    By Global Times | 2026/10/19 23:22:31
  • China's Pinglu Canal cargo throughput hits 1m tons since mid-Sep opening

    The total volume of cargo transported through the Pinglu Canal in South China's Guangxi Zhuang Autonomous Region since it opened to navigation on September 16 has exceeded 1 million tons, the Xinhua News Agency reported on Monday, citing Beibu Gulf Port Group.

    By Chu Daye | 2026/10/19 23:20:48
  • China's value-added industrial output rises 5.3% in first three quarters

    China's value-added industrial output grew 5.3 percent year-on-year in the first three quarters of 2026, with production of 3D printing equipment, lithium-ion batteries and industrial robots expanding rapidly, official data showed on Monday. Experts said that the figures highlight the growing role of advanced manufacturing in supporting economic transformation and growth.

    By Tao Mingyang and Chu Daye | 2026/10/19 23:13:40
  • Unitree shares surge 16.15%, market value tops 200b yuan amid China's robotics commercialization efforts

    Shares of Chinese robotics company Unitree Robotics surged 16.15 percent on Monday, marking their biggest single-day gain since their August 19 debut on Shanghai's STAR Market, excluding the first trading day, drawing renewed attention to the growth prospects and valuations of China's rapidly expanding embodied artificial intelligence (AI) industry.

    By Zhang Yiyi | 2026/10/19 23:12:02
  • China urges UK not to follow EU lead on EV restrictions, vows countermeasures if restrictions imposed: MOFCOM

    A spokesperson from China's Ministry of Commerce on Monday urged the UK to abide by WTO rules, exercise caution and avoid simply following the EU's approach, stressing that China will closely monitor relevant developments, when commenting on reports that UK Trade Minister Anas Sarwar claimed Britain and the European Union must “work together and act in lockstep” to address China's dominance in the auto industry and was still discussing possible additional tariffs on Chinese EVs with European partners.

    By Global Times | 2026/10/19 23:04:35
  • China achieves breakthrough in international standards for brain-computer interfaces

    The International Organization for Standardization has published an international standard on the reference architecture for brain-computer interfaces (BCIs), which was led by China. The standard establishes a complete technical framework covering concepts, applications, functions, and implementation, marking another important achievement by China in the field of international standardization for BCIs.

    By Liu Yang | 2026/10/19 22:53:55
  • Why I'm full of confidence in China achieving GDP growth target for 2026

    China on Monday released economic data for the first three quarter of 2026, including a 4.5-percent GDP growth. Based on the economic data and my on-the-ground observations, I am more convinced than ever that China's economy is maintaining a steady and robust recovery, with new drivers gathering strength and high-quality development advancing on all fronts. The first three quarters have painted a clear picture: consumption continues to serve as the primary engine, manufacturing investment shows strong resilience, new quality productive forces are thriving, and a series of pro-growth policies introduced since the beginning of the year are steadily paying off.

    By Global Times | 2026/10/19 22:53:15
  • China's steady economic growth creates more opportunities for Global South co-op

    The Chinese economy showed steady performance in the first nine months of 2026. One positive development worth highlighting is that industry remains one of the main pillars supporting economic growth. Industrial output grew by 5.3 percent year-on-year in the first three quarters, and China's manufacturing purchasing managers' index (PMI) rose from 49.8 in August to 50.1 in September. The quality and composition of investment – particularly investment in forward-looking and strategic sectors – indicate that the economy could expand on more robust foundations going forward.

    By Global Times | 2026/10/19 22:49:37
  • China's financial regulators roll out targeted policies at key financial forum, reaffirm opening-up

    The Annual Conference of Financial Street Forum (FSF) 2026 kicked off in Beijing on Monday, convening a heavyweight roster of top financial regulators who rolled out targeted policies, including a pilot initiative to allow overseas financial institutions to participate in yuan trading in China's interbank foreign exchange market as part of overall efforts to expand financial opening-up.

    By Ma Jingjing and Yin Yeping | 2026/10/19 22:44:55
  • China has no need or intent to gain competitive advantages through currency devaluation: central bank governor

    China has no need or intent to gain competitive advantages through currency devaluation, Pan Gongsheng, governor of the People's Bank of China (PBC), the central bank, said at the opening ceremony of Annual Conference of Financial Street Forum 2026 in Beijing on Monday.

    By Global Times | 2026/10/19 18:43:55
  • China to impose export controls on tunnel boring machines from Nov 18

    China has decided to impose export controls on relevant items related to tunnel boring machines (TBMs), walking excavators and plateau-type wet shotcrete machines, in order to safeguard national security and interests, China's Ministry of Commerce (MOFCOM) and General Administration of Customs announced on Monday. The export controls will take effect on November 18.

    By Global Times | 2026/10/19 17:05:42
  • China announces optimized export controls on certain dredger-related items, effective Nov 18

    China on Monday announced optimized export controls on certain dredger-related items, including slurry pumps, dragheads and cutterheads that meet specified technical thresholds, in a move aimed at safeguarding national security and interests, according to a joint announcement by the Ministry of Commerce (MOFCOM) and the General Administration of Customs (GAC).

    By Global Times | 2026/10/19 16:26:16
  • China updates UAV export controls covering 3-hour endurance, UAVs with high-capacity aerosol dispensing systems

    China on Monday announced optimized export controls on certain UAV-related items, banning exports without authorization for products that meet specified thresholds, including autopilots, long-endurance unmanned aircraft or airships, and certain dedicated engines, according to a Monday statement released by China's Ministry of Commerce (MOFCOM).

    By Chen Qingrui | 2026/10/19 16:16:11
  • China's new growth drivers gain ground, contributing more to GDP expansion this year despite external pressures: NBS official

    Despite greater pressure caused by rising international oil prices and slowing investment growth, China did its best to maintain steady economic expansion in the first three quarters of 2026, with a spate of new growth drivers contributing more than 40 percent of the GDP growth, a National Bureau of Statistics (NBS) official said on Monday.

    By Global Times | 2026/10/19 13:26:07
  • China rolls out tech-driven commerce plan to push AI-powered manufacturing, BCI, embodied intelligence commercialization

    China's nine government departments have recently issued a guideline to accelerate technology-driven commerce, rolling out a package of measures to integrate cutting-edge digital tech innovations with commercial services to expand high‑quality supply and foster new consumption driving forces.

    By Qi Xijia | 2026/10/19 13:18:40
  • Swisse says lead-tainted supplements didn't enter China after Customs alert

    Australia-based vitamin brand Swisse said on Monday that it has recalled two batches of its Beauty Skin Regeneration+ supplements sold in Australia after “detecting slightly elevated lead levels.” The company noted that the affected vitamin products had never entered the Chinese market.

    By Global Times | 2026/10/19 10:29:59
  • China's GDP expands 4.6% year-on-year in the first nine months of 2026, on track to meet pre-set annual growth target

    China's GDP expands 4.6% year-on-year in the first nine months of 2026, landing well within annual growth target

    By Li Xuanmin | 2026/10/19 10:03:33
  • China railway passenger trips hit record high in first three quarters

    China's railway network handled 3.71 billion passenger trips in the first three quarters of 2026, up 4.8 percent year on year, the highest for the period, according to the China State Railway Group Co., Ltd. (China Railway). During the period, the railway network operated an average of 11,511 passenger trains daily, up 5.3 percent from a year earlier.

    By Xinhua | 2026/10/19 7:53:33
  • GT Voice: India should move beyond deficit anxiety as trade with China rises

    The latest China-India trade figures again thrusts the economic relationship into the media spotlight. India's bilateral trade with China rose nearly 29 percent year-on-year to reach $91.76 billion in the April-September period, making China the largest trading partner of India in the first half of the 2026-27 financial year, according to India's Commerce Ministry.

    By Global Times | 2026/10/18 21:03:37
  • World's longest cross-sea high-speed rail bridge sees closure of first navigation channel span

    As the steel truss girder of the southern navigation channel bridge of the Hangzhou Bay Cross-Sea Railway Bridge saw closure on Saturday evening, it became the first of the three navigation channel bridges to reach this milestone, marking a landmark breakthrough in the construction of the world's longest cross-sea high-speed railway bridge. This achievement has laid a solid foundation for subsequent stay-cable tensioning, bridge deck construction, and the full structural system conversion of the entire bridge.

    By Global Times | 2026/10/18 20:45:57
  • Attracting tourists from smaller Chinese cities key to boosting S.Korean tourism

    Direct flight between Daegu in South Korea and Southwest China's Yunnan Province, operated by China's Lucky Air, was launched on Thursday and will run through October 15 next year, the Yonhap News Agency reported on Friday, noting that the Daegu city government plans to provide administrative and financial support in order to make the route a regular service.

    By Ma Jingjing | 2026/10/18 20:04:23
  • DeepSeek unveils faster, cheaper AI model, with improved performance

    Chinese AI start-up DeepSeek has released DeepSeek-V4.1-Flash-1017, an updated AI model promising stronger benchmark performance, faster task completion, and shorter outputs than the previous version while lowering usage costs.

    By Global Times | 2026/10/18 19:13:22
  • Qualcomm seeks deeper AI cooperation with China, citing its strengths in tech commercialization

    US chipmaker Qualcomm is seeking to deepen cooperation with Chinese partners to bring artificial intelligence (AI) into more devices and industries, underscoring China's growing role in turning technological innovations into large-scale industrial applications, as US technology companies continue to pursue business opportunities and industrial partnerships in the Chinese market.

    By Ma Tong | 2026/10/18 19:03:14
  • Canton Fair helps companies expand in BRI markets through partnerships, tailored solutions

    At Wandisplay Technology's booth, an Indonesian buyer spent several minutes testing the company's app and checking the accuracy of a new smart wristband before placing an order for 2,000 units on the spot.

    By Chi Jingyi in Guangzhou | 2026/10/18 17:55:42
  • Record rail passenger numbers signal China's economic resilience in Q3 as consumption, trade and investment pick up

    Record-high railway passenger trips in the first three quarters this year have emerged as a tangible sign of reviving service consumption, with a suite of high-frequency indicators across consumption, foreign trade and investment showing China's economy gained steam in the third quarter.

    By Qi Xijia | 2026/10/18 17:05:47
  • China railway passenger trips hit record high in first three quarters

    China's railway network handled 3.71 billion passenger trips in the first three quarters of 2026, up 4.8 percent year on year, the highest for the period, according to the China State Railway Group Co., Ltd. (China Railway).

    By Xinhua | 2026/10/18 15:22:43
  • China unveils first 100,000-card AI supercluster hardware, showcases 10 frontier research applications

    The physical system of China's first artificial intelligence (AI) supercluster capable of supporting over 100,000 domestically developed computing cards, also known as Sugon 8000, debuted at the ongoing China National Annual Conference on High Performance Computing, CCTV News reported on Sunday.

    By Wang Xiaohan and Ma Jingjing | 2026/10/18 14:27:49
  • Chinese robotics firms race to roll out components and data systems, helping robots perceive, understand, interact with real world

    At the Humanoid Robot Data Training Center in Beijing's western Shijingshan District, dozens of robots stood in their workrooms, learning how to pick up an object steadily and quickly. This is not a simple task - the robot must "see" the object, gauge its distance and angle, and control the force exerted by its fingers.

    By Li Xuanmin in Shanghai | 2026/10/18 13:13:02
  • China-EU auto trade consensus eases uncertainty, delivers mutual benefits

    The latest consensus reached between China and the European Union (EU) on hybrid vehicle trade is expected to reduce policy uncertainty, stabilize market expectations and safeguard the interests of businesses and consumers on both sides, paving the way for more predictable and mutually beneficial cooperation in the sector, analysts and industry representatives said.

    By Xinhua | 2026/10/18 8:38:07
  • Canton Fair stories spanning generations show China's leap from selling products to offering innovative solutions

    In 1957, a grandfather witnessed lovebirds and silk as star products at the first Canton Fair. Today, his grandson watches a humanoid robot smash badminton while buyers film every move at the 140th session. This vividly tells the story of China's trade upgrade – from “having something to sell” to “selling more” to “innovating with global partners and providing solutions.”

    By Chi Jingyi in Guangzhou | 2026/10/17 19:35:50
  • Foreign delegates eye deeper ties with China in vocational training

    A disassembled BYD Denza Z9GT plug-in hybrid car has become one of the most popular exhibits at the exhibition hall of the 2026 World Vocational and Technical Education Development Conference held in North China's Tianjin Municipality.

    By Zhang Weilan in Tianjin | 2026/10/17 16:30:08
  • 'Bold creativity', but 'certification remains crucial': Chinese auto industry leaders react to Tesla's 'flying car' Roadster

    US tech giant Tesla held an event at a SpaceX rocket test site on Thursday US time and officially unveiled its second-generation Roadster, which has been widely described as a "flying car," drawing considerable attention from China, with many Chinese auto industry leaders commending the innovation.

    By Global Times | 2026/10/17 14:15:04
  • Apple's iPhone Duo pre-orders sell out in seconds in China, with some deliveries delayed until next year

    Apple's first foldable phone, the iPhone Duo, priced starting at nearly 16,000 yuan ($2,391) in China, did little to dampen the enthusiasm of Apple fans rushing to buy it.

    By Tu Lei | 2026/10/17 14:03:07
  • China's vocational education supplies nearly 10 million skilled, high-quality workers to all sectors each year: white paper

    China's vocational education system is supplying the labor market with nearly 10 million skilled professionals and high-quality workers each year, strengthening the country's talent base for industrial upgrading and economic development, according to a white paper released on Saturday at a major educational event in Tianjin.

    By Global Times | 2026/10/17 13:29:25
  • Four Chinese authorities urge over 30 major automakers to strengthen testing, curb misleading marketing

    Four Chinese authorities held talks with more than 30 major automakers on Thursday to strengthen oversight of vehicle design and testing during research and development, the Ministry of Industry and Information Technology (MIIT) said on Friday.

    By Global Times | 2026/10/16 21:55:30
  • Chinese commerce ministry warns EU against seeking gains through pressuring, urges joint efforts for stable trade ties

    A spokesperson for China's Ministry of Commerce on Friday said claims that EU pressure on China in hybrid vehicle talks had paid off were groundless, warning that the EU should not imagine it can gain benefits through pressure, still less underestimate China's resolve and ability to safeguard its interests.

    By Global Times | 2026/10/16 21:17:03
  • 2026 World Vocational and Technical Education Development Conference kicks off in Tianjin

    The 2026 World Vocational and Technical Education Development Conference opened in North China's Tianjin Municipality on Friday and is being attended by guests from government officials, diplomatic envoys, and personnel from international organizations and educational institutes from all round the world.

    By Zhang Weilan in Tianjin | 2026/10/16 20:57:28
  • China adds 40 technologies in AI, biomedicine and PV for export controls in draft revised catalog in 'necessary step' to safeguard national security

    China on Friday published a draft revision of its catalog of technologies prohibited and restricted for export, adding 40 technologies in artificial intelligence (AI), biomedicine and photovoltaic (PV) solar systems to the list.

    By GT staff reporters | 2026/10/16 20:52:34
  • China's proposed AI tech export controls aim to ensure safety, encourage open-source devt and sharing: commerce ministry

    The proposed addition of 23 key AI technologies to China's catalogue of technologies prohibited or restricted from export will ensure that AI remains safe and controllable while encouraging open-source development, cooperation and sharing, a spokesperson for China's Ministry of Commerce said on Friday.

    By Global Times | 2026/10/16 19:38:59
  • 'The finest gift from China': Luban Workshops bridge skills gap along Belt and Road after decade of global expansion

    "The finest gift China offers to Djibouti." This is how Djiboutian President Ismail Omar Guellehonce described the Luban Workshop, said Moustapha Mohamed Mahamoud, minister of National Education and Vocational Training of Djibouti at a major event for vocational education in North China's Tianjin Municipality on Friday.

    By Zhang Weilan in Tianjin | 2026/10/16 19:07:46
  • Global People Annual Gala forum explores new opportunities in sodium-ion batteries

    A forum on sodium-ion batteries brought researchers and industry representatives together in Bazhong, Southwest China's Sichuan Province, on October 16 to discuss new opportunities and ways to support the industry's growth.

    By Global Times | 2026/10/16 18:10:56
  • China adds 40 technologies in AI, biomedicine and PV for export controls in draft revised catalog

    China on Friday published a draft revision of its catalog of technologies prohibited and restricted for export, adding 40 technologies in AI, biomedicine and photovoltaic (PV) solar systems to the list.

    By GT staff reporters | 2026/10/16 17:17:11
  • Portugal seeks to strengthen int'l cooperation in vocational training with China: minister

    Portugal wants to deepen cooperation with China in vocational education and training, with a particular focus on artificial intelligence (AI), green technology and digital skills, a senior Portuguese official said on the sidelines of a major conference in North China's Tianjin on Friday.

    By Zhang Weilan in Tianjin | 2026/10/16 16:36:31
  • Xiongan forum to convey China's commitment to multilateralism and global governance reform: organizer

    The upcoming 2026 Global Governance Forum in Xiong'an New Area, North China's Hebei Province, aims to explore concrete pathways and effective solutions for translating shared ideas and consensus into practical action, an official from the forum's organizer said on Friday.

    By Chen Qingrui | 2026/10/16 14:26:09
  • Not just the exhibits, Canton Fair's venue services go smarter, greener and more innovative

    Standing at the entrance to Hall A on the opening day of the 140th Canton Fair, I opened the fair's official app and typed “Service Robots zone.” Instantly, an AR navigation route appeared on my screen, complete with walking distance and estimated time. Following the blue arrows on the screen through the crowd, I reached the target exhibition area within five minutes.

    By Chi Jingyi in Guangzhou | 2026/10/16 13:42:43
  • China's R&D spending up 8.2 pct in 2025

    China's research and development (R&D) expenditure rose 8.2 percent year on year to 3.93 trillion yuan (about 584.5 billion U.S. dollars) in 2025, the National Bureau of Statistics (NBS) said on Friday. Over the 14th Five-Year Plan period (2021-2025), the country's R&D spending rose at an average annual rate of 10 percent, making China the world's second-largest R&D investor, said Luo Qiushi, an NBS statistician.

    By Xinhua | 2026/10/16 12:30:36
  • 70 years on, China's Canton Fair highlights innovation, intelligence in global trade

    The 140th edition of the China Import and Export Fair, also known as the Canton Fair, opened to visitors in Guangzhou, capital of south China's Guangdong Province on Thursday, with more than 30,000 exhibiting companies and about 340,000 overseas buyers expected to attend. Serving as a barometer and wind vane of China's foreign trade, this year's fair, marking its 70th anniversary, features innovation, intelligence, greater specialization and higher quality.

    By Xinhua | 2026/10/16 7:58:28
  • Chinese commerce minister meets Tim Cook; US executives' visits highlight confidence in Chinese market: expert

    Chinese Commerce Minister Wang Wentao on Thursday met with Apple Executive Chairperson Tim Cook in Beijing, where they exchanged views on issues including China-US economic and trade relations, the development of artificial intelligence (AI) and Apple's business in China. Notably, Cook said that Apple will further expand its business in China.

    By GT staff reporters | 2026/10/15 22:49:50
  • Eldercare reveals genuine commercial momentum behind China's robot boom

    Is China's robot boom a bubble, or evidence of genuine commercial momentum? While some foreign media outlets look for answers in robot expos and corporate IPOs, they may be overlooking a more practical test: eldercare. The sector could prove to be an important testing ground for bringing robots into everyday use in China.

    By Hu Weijia | 2026/10/15 22:17:32
  • Three Chinese ministries launch joint investigation into reported brake-pedal fracture of Maextro V800

    Three top Chinese regulators announced on Thursday that building on preliminary investigation work, they have established a joint investigation team to carry out verification concerning online reports of the fracture of the brake pedal bracket in the Maextro V800, a Chinese high-end luxury vehicle.

    By Global Times | 2026/10/15 22:10:59
  • EU's 'talk-while-fighting' approach on China trade 'counterproductive'

    Less than a week after China and the EU reached 16-point consensus on areas including trade, investment and export controls, EU leaders reportedly will instruct Brussels to "urgently" develop new tools to counter the so-called China-related economic imbalances at Thursday's summit, a move that Chinese experts called as a counterproductive and confrontational posture that will undermine the spirit of the freshly agreed consensus.

    By Liu Yang | 2026/10/15 22:04:37
  • Smart manufacturing takes center stage at Canton Fair, with global partners co-creating next-gen tech

    Super crowded. This would be the first impression when walking into the Service Robots zone at the 140th Canton Fair, before even looking at the latest smart products. Visitors waited for five to 10 minutes on average to enter the exhibition hall on Wednesday, the first day of the fair, rushing to see cutting-edge products showcased by Chinese firms.

    By Chi Jingyi in Guangzhou | 2026/10/15 21:53:31
  • Anhui pledges stronger support for CXMT as China accelerates chip development

    East China's Anhui Province has pledged stronger support for leading Chinese memory chipmaker ChangXin Memory Technologies (CXMT), as the province seeks to expand its integrated circuit industry, strengthen technological innovation and build a world-class advanced manufacturing cluster.

    By Global Times | 2026/10/15 21:34:22
  • Brands in Chinese mainland cut ties with Kevin Tsai, signal potential legal action after appearance with 'Taiwan independence' separatist

    Several brands operating in the Chinese mainland, including ERDOS and Leapmotor, have cut ties with Taiwan regional entertainer Kevin Tsai Kang-yong, removing promotional materials featuring him and reserving the rights to take legal action against Tsai after his appearance at a campaign event for a diehard “Taiwan independence” separatist sparked widespread criticism.

    By Global Times | 2026/10/15 21:22:35
  • Chinese lights brighten India's Diwali preparations, underscoring potential for deeper trade ties

    As India prepares for Diwali in early November, one of its most important festivals, Chinese decorative lighting remains an important sourcing option for Indian businesses, with product variety and competitive pricing connecting Chinese manufacturers to one of India's biggest festive shopping seasons.

    By Yin Yeping and Zhang Yiyi | 2026/10/15 20:19:51
  • Apple Intelligence, Alibaba Qwen set for late-October beta model launch in Chinese mainland market: media

    Apple Intelligence and Alibaba Qwen large-language model (LLM) have received regulatory approval in China, with a beta version expected to be launched later in October, Apple Executive Chairman Tim Cook said during an ongoing visit to Shanghai on Thursday, the STAR Market Daily reported.

    By Global Times | 2026/10/15 18:13:02
  • Chinese official investigation finds branded infant diapers do not contain toxic chemical formamide

    A multi-agency Chinese investigation has found no formamide in infant diapers, ending months of public concern after some media reports claimed the toxic chemical was present in a few popular diaper brands.

    By Global Times | 2026/10/15 17:19:30
  • Chinese commerce minister meets Tim Cook; Apple to 'further expand business in China'

    Chinese Commerce Minister Wang Wentao on Thursday met with Apple Executive Chairman Tim Cook in Beijing, where they exchanged views on issues including China-US economic and trade relations, artificial intelligence (AI) development and Apple's business in China.

    By Global Times | 2026/10/15 16:50:11
  • China-EU understanding on hybrid cars mutually beneficial, safeguards Chinese firms' interests: MOFCOM

    The understanding reached by China and the EU on hybrid vehicles is reciprocal and mutually beneficial, He Yadong, a spokesperson for China's Ministry of Commerce, said on Thursday, in responding to a question about understanding reached by the two sides on hybrid vehicles during recent talks.

    By Global Times | 2026/10/15 16:38:12
  • China opposes trade protectionism, vows firm response to measures harming its interests: MOFCOM on US-led 'overcapacity' narrative and curbs

    A spokesperson of Chinese Ministry of Commerce said on Thursday that China would respond firmly and take necessary measures if relevant economies use the excuse of so-called overcapacity to adopt measures that harm China's interests in response to a question regarding potential restrictive measures on Chinese products after US-led joint statement on structural overcapacity.

    By Global Times | 2026/10/15 16:11:21
  • China ready to continue facilitating review, approval of rare-earth export licenses to Europe, urges reciprocation: MOFCOM

    China stands ready to continue facilitating the review and approval of rare-earth export licenses to Europe, and hopes the European side will reciprocate by facilitating the resolution of key individual cases concerning licenses for Chinese entities in the dual-use field, China's Ministry of Commerce spokesperson He Yadong said on Thursday, responding to a question about rare-earth export licenses to the EU.

    By Global Times | 2026/10/15 15:30:48
  • Zambia reportedly to settle some copper exports to China in RMB as currency's global use expands

    Chinese buyers of Zambian copper will begin paying for some purchases in renminbi from next year, as more African nations turn to the Chinese currency, Bloomberg reported.

    By Qi Xijia | 2026/10/15 15:14:27
  • ASML calls US restrictions on DUV sales to China counterproductive; stance reflects strategic dilemma amid pressure: expert

    Dutch semiconductor equipment giant ASML has pushed back against a US Congress proposal seeking to further restrict its sales of deep ultraviolet (DUV) lithography machines to China, saying that such measures would do more harm than good and could speed up China's drive to develop homegrown alternatives.

    By Zhang Weilan | 2026/10/15 13:32:02
  • The world's top trade fair delivers opportunities from China to partners

    Chinese President Xi Jinping on Wednesday sent a congratulatory letter to the 140th edition of the China Import and Export Fair, also known as the Canton Fair. In his letter, Xi said over the past 70 years since its establishment, the Canton Fair has played a significant role in promoting trade exchanges between China and other countries, serving as an effective platform for China to expand high-level opening up and promote the building of an open world economy.

    By Chi Jingyi in Guangzhou | 2026/10/15 0:05:05
  • Asia-Pacific's rise as top growth engine stems from open cooperation, mutual benefit: MOF

    China is ready to work with other Asia-Pacific Economic Cooperation (APEC) economies to uphold multilateralism, strengthen communication and coordination on macroeconomic policies, maintain stable and smooth operations of regional industrial and supply chains, and promote long-term, sustainable economic growth in the Asia-Pacific region, China's Ministry of Finance (MOF) said on Wednesday, noting that the APEC 2026 Finance Ministers' Meeting would be held in the Hong Kong Special Administrative Region on October 20 and 21.

    By Ma Jingjing and Wang Xiaohan | 2026/10/14 23:39:28
  • Battery storage co-op could offer another solution to India's power challenge

    One of the challenges emerging from India's rapid economic growth is how to meet its rising demand for electricity. The Indian Express reported that Ghanshyam Prasad, chairperson of the country's top power planner, said that India may need to add 105-150 gigawatts of coal-based power capacity by 2035, significantly more than the 97 gigawatts currently planned.

    By Hu Weijia | 2026/10/14 23:19:47
  • GT Voice: How Asia could benefit from AI-driven expansion of trade

    The IMF's new chief economist Silvana Tenreyro ‌said on Tuesday that global trade grew 8.3 percent between 2023 and 2025, while global trade in AI grew by 29 percent, benefiting China, India and other Asian countries, Reuters reported.

    By Global Times | 2026/10/14 22:55:16
  • Fuzhou keeps cultural heritage alive through openness and exchange

    Fuzhou in southeast China's Fujian province, located on China's southeastern coast, where the Minjiang River flows into the East China Sea, is a city of lush greenery. With a history spanning more than 2,200 years, the renowned historical and cultural city has preserved a rich cultural legacy while bearing the marks of its maritime openness.

    By Shi Yu from the People's Daily | 2026/10/14 22:48:50
  • China-US trade rises 4.1% in first three quarters as bilateral ties stabilize

    The recovery of China-US trade continued in September, with bilateral trade rising 4.1 percent year-on-year in the first three quarters of 2026, Chinese customs data showed on Wednesday. The turnaround from a contraction earlier this year pointed to the resilience of commercial ties between the world's two largest economies, as renewed efforts to stabilize bilateral relations offer a more favorable outlook for trade.

    By Ma Tong | 2026/10/14 22:46:42
  • China, EU welcome more dialogue for cooperation after trade consensus

    China is willing to continue dialogue with the EU in the economic and trade field to inject more stability and positive energy into the development of China-EU economic and trade relations, Chinese Vice Premier He Lifeng said when meeting with the French President's Diplomatic Adviser Emmanuel Bonne in Beijing on Tuesday, the Xinhua News Agency reported on Wednesday.

    By GT staff reporters | 2026/10/14 22:41:15
  • China's people-centered urban development delivers tangible gains in quality of life: former NDB vice president

    China's urban development is shifting from large-scale expansion toward improving the quality and efficiency of existing cities, with growing emphasis on residents' everyday needs. In an interview with the Global Times (GT), Paulo Nogueira Batista Jr. (Batista), former executive director at the International Monetary Fund and former vice president of the New Development Bank (NDB), shares his observations on China's urban transformation and opportunities for cooperation among developing countries.

    By Global Times | 2026/10/14 22:05:28
  • Travel connections

    Visitors browse travel information at the China Outbound & Inbound Travel Market in Beijing on October 14, 2026. The event attracted about 200 exhibitors and buyers from China and overseas, including tourism organizations from more than 30 countries and regions.

    By CNS Photo | 2026/10/14 21:56:13
  • China's foreign trade growth in first three quarters hits five-year high

    China's total imports and exports reached 39.94 trillion yuan ($5.94 trillion) in the January-September period, soaring 18.8 percent year-on-year, marking the highest level for the same period in five years, data from the General Administration of Customs (GAC) showed on Wednesday. Chinese experts noted that these better-than-expected figures highlight the strong momentum of China's foreign trade, demonstrating the competitiveness and resilience of the country's manufacturing sector.

    By Ma Jingjing and Qi Xijia | 2026/10/14 21:37:56
  • China's environment authority adds nuclear power safety divisions amid industry expansion

    The Ministry of Ecology and Environment (MEE) has established the Department of Nuclear Power Construction Safety Supervision and the Department of Nuclear Power Operation Safety Supervision, according to recruitment information released by the ministry for the 2027 civil service exam, the Paper.cn reported.

    By GT staff reporter | 2026/10/14 21:21:56
  • Canton Fair at 70: Smart Manufacturing in Focus

    Seventy years ago, when the first China Import and Export Fair, also known as the Canton Fair, opened in South China's Guangdong, the main exhibits were porcelain, silk, tea and other traditional goods. Seventy years later, at the 140th Canton Fair, running from October 15 to November 4, the halls are filled with robots, drones and other smart devices. Beyond the exhibition halls, the Canton Fair offers a window into the profound transformation of China's manufacturing industry.

    By Global Times | 2026/10/14 21:19:46
  • Tencent raises $5.7b, low-interest yuan bonds dominate amid global AI race

    Chinese technology giant Tencent Holdings has priced a bond offering worth nearly $5.7 billion, with relatively low-interest yuan-denominated notes accounting for about two thirds of the total, the company announced on Wednesday.

    By Global Times | 2026/10/14 21:19:12
  • Chinese automakers accelerate European production plan, eye deeper local industry ties

    Chinese automakers are stepping up investment in European manufacturing and technology partnerships, moving beyond vehicle exports to establish a stronger local presence, a trend that builds on the latest China-EU trade consultation outcomes aimed at easing vehicle trade tensions, while helping Chinese carmakers strengthen their foothold in Europe and expand cooperation with local manufacturers and suppliers, analysts said.

    By Zhang Yiyi | 2026/10/14 20:56:31
  • Chinese FM spokesperson responds to Heilongjiang delegation's reported visit to an island disputed between Japan and Russia

    Chinese foreign ministry spokesperson Mao Ning said on Wednesday that a delegation from China's Heilongjiang Province recently visited Yuzhno-Sakhalinsk, the administrative center of the Sakhalin Oblast, a sister region of Heilongjiang Province, and carried out friendly exchanges with local sides. Mao said that she would not comment on the commercial activities conducted by private enterprises during the visit. The remarks were made in response to a question from a Japanese journalist, who asked for China's comment on reports that Russia had announced that a delegation from China's Heilongjiang Province had visited an island of the Southern Kurils.

    By Global Times | 2026/10/14 17:10:53
  • AI robot dog joins scientific expedition in Southwest China's Ailao Mountains, first of its kind

    A robotic dog developed by Hangzhou-based DEEP Robotics has taken part in a biodiversity expedition in forests of Ailao Mountains in Southwest China's Yunnan Province, marking the first real-world scientific exploration application of an embodied artificial intelligence (AI) robot.

    By Zhang Weilan | 2026/10/14 14:52:09
  • China's auto industry association, leading firms support China-EU consensus on hybrid car, EV trade

    The China Association of Automobile Manufacturers (CAAM) on Wednesday welcomed the positive outcomes of consultations between China and the EU on hybrid and electric vehicle trade.

    By Global Times | 2026/10/14 14:03:28
  • China's IC exports jump 99.1% in first 9 months: official

    Relying on its complete industrial system and scientific and technological innovation capability, China provides solid support for meeting the growing global demand for computing power and electricity, Wang Jun, deputy head of China's General Administration of Customs (GAC), said on Wednesday.

    By Global Times | 2026/10/14 14:00:10
  • China's foreign trade rises by 18.8% in first three quarters of 2026, marking fastest growth in nearly 5 years: customs data

    China's goods trade rose by 18.8 percent year-on-year to reach 39.94 trillion yuan ($5.96 trillion) in the first three quarters of this year, the fastest growth for the period in nearly five years, with monthly trade in September surpassing the 5-trillion-yuan mark for the first time, China's General Administration of Customs announced on Wednesday.

    By Global Times | 2026/10/14 11:07:18
  • China's PPI rises 5 pct in September

    China's producer price index (PPI), which measures costs for goods at the factory gate, went up 5 percent year on year in September, the National Bureau of Statistics said Wednesday.

    By Xinhua | 2026/10/14 9:52:45
  • China, EU hybrid auto trade deal secures export growth, fair treatment for Chinese firms: observers

    China and the EU held more than 30 rounds of intensive consultations on hybrid and electric vehicle (EV) trade, during which the Chinese negotiating team maintained an open attitude and kept up dialogue with the automotive industries on both sides, a source familiar with the talks told the Global Times.

    By Ma Tong and Tao Mingyang | 2026/10/13 23:32:59
  • Global experts hail China's Pinglu Canal, praise remarkable engineering, ecological achievements

    The newly opened Pinglu Canal in South China's Guangxi Zhuang Autonomous Region has become a focal point of discussion for industry experts from home and abroad at the ongoing World Canals Conference 2026 (WCC) in Guilin, Guangxi, as many hailed the canal's economic value, engineering feats and ecological contribution.

    By Chu Daye, Li Xundian and Cui Meng in Guilin | 2026/10/13 22:48:41
  • 140th Canton Fair set to open with spotlight on advanced manufacturing, including robots

    The 140th China Import and Export Fair, internationally known as Canton Fair, will open on Thursday in Guangzhou, South China's Guangdong Province, marking the fair's 70th anniversary.

    By Chi Jingyi in Guangzhou | 2026/10/13 22:39:38
  • China's advances in AI will open up new prospects for South Korea

    South Korea's stock market offered a telling snapshot on Tuesday. Shares of Samsung Electronics and SK hynix fell about 7 percent and 10 percent respectively, as some local media reports linked the declines to concerns in South Korea over the latest technological advances by China's CXMT.

    By Hu Weijia | 2026/10/13 22:18:25
  • China releases mineral resources catalog covering 174 types; to support special protection for strategic minerals

    China's Ministry of Natural Resources (MNR) and the National Development and Reform Commission (NDRC) jointly released a mineral resources catalog on Tuesday, clarifying the country's mineral classifications and providing a foundation for future mineral resource planning.

    By Zhang Yiyi | 2026/10/13 21:36:12
  • Chinese automakers accelerate push into Canada, creating new opportunities for win-win cooperation

    “Geely E5 spotted in Edmonton [a city in Canada] today!” a netizen posted in a Facebook group dedicated to discussions about Chinese electric vehicles (EVs) in Canada in late September, sharing several close-up photos of the car.

    By GT staff reporters | 2026/10/13 20:30:55
  • China's urban transformation redefines success and signals governance maturity: Brazilian former official

    As China shifts from large-scale urban expansion toward improving the quality of existing cities, its approach to urban development is drawing attention for its focus on people's everyday needs and long-term sustainability. In an interview with the Global Times (GT), Alessandro Golombiewski Teixeira (Teixeira), a professor at Tsinghua University and former acting minister of Development, Industry and Foreign Trade of Brazil, discusses what this transition means for China's economic development and the lessons it offers other developing countries.

    By Global Times | 2026/10/13 17:03:22
  • China appreciates Indonesian leader's remarks on protecting foreign investment: FM

    China appreciates the remarks by Indonesian leader, and the two countries have long leveraged their complementary strengths to deepen mutually beneficial cooperation in energy, mining and other sectors, bringing tangible benefits to both countries and their peoples, Chinese Foreign Ministry spokesperson Mao Ning said on Tuesday, when asked to comment on Indonesian President Prabowo Subianto's pledge to respect and safeguard all investments, from wherever.

    By Global Times | 2026/10/13 16:45:39
  • Canada Goose apologizes for contracted filming crew leaving litter on a mountain in Zhejiang, East China

    Canadian apparel brand Canada Goose has apologized after a crew filming an advertisement for the company left litter on a mountain in Ningbo, East China's Zhejiang Province, sparking criticism on Chinese social media.

    By GT staff reporters | 2026/10/13 16:13:01
  • Chinese luxury vehicle Maextro V800 unveils brake‐pedal findings amid safety concerns

    Maxtor, a high‑end luxury vehicle brand, released third‑party lab results on Tuesday showing its V800 brake pedal meets industry standards with no cracks or damage found on tested samples, pushing back against viral claims of bracket fracture from tests conducted by automotive platform Dongchedi.

    By Qi Xijia | 2026/10/13 13:16:00
  • CAS probes hotel-linked access for tourists FAST telescope's core zone

    The Chinese Academy of Sciences (CAS) said on Monday that it has launched a full investigation into reports that tourists were able to enter the core zone of China's Five-hundred-meter Aperture Spherical Telescope (FAST) by booking a specific hotel or purchasing a “deep science-tour” package.

    By Global Times | 2026/10/13 11:35:59
  • China facilitates compliant aviation exports, tightens risk controls

    China's Ministry of Commerce (MOFCOM) said on Tuesday that the draft Measures for the Administration of Export Certificates for Dual-Use Items Related to Civil Aviation, currently open for public comment, will shorten the supply cycle for passenger and cargo aircraft parts, help safeguard civil aviation safety, support the international development of the civil aviation industry, and enhance the competitiveness of related services.

    By Chen Qingrui | 2026/10/13 11:06:12
  • IMF edges up 2026 global growth forecast to 3.1 pct as Mideast conflict, AI boom split world economy

    The International Monetary Fund on Tuesday nudged its 2026 global growth forecast to 3.1 percent, up 0.1 percentage point from its July projection, as economies lifted by the artificial intelligence investment boom offset those hurt by the Middle East conflict.

    By Xinhua | 2026/10/13 10:15:09
  • Why these three principles are crucial for China-EU trade talks

    A spokesperson for the Chinese Ministry of Commerce (MOFCOM) said on Monday that on the basis of mutual respect and equal-footed consultation, China and the EU have held intensive consultations regarding trade in hybrid and electric vehicles (EVs), seeking to address economic and trade differences as well as each other's concerns in a balanced manner. The joint statement of the second meeting of the China-EU trade and investment consultation mechanism noted that, following intensive consultations, the two sides reached an understanding on hybrid vehicle trade in a manner consistent with WTO rules. The statement also referred to the previously agreed guidance document on price undertakings in the EU's countervailing duty case against Chinese EVs, saying that procedures for company-specific price undertakings and reviews under the EV case would continue.

    By Tao Mingyang | 2026/10/13 9:21:46
  • Bolster supply for power generation

    Thermal coal transfer operations are in full swing at Zhangjiagang Port Group's coal terminal in East China's Jiangsu Province on October 12, 2026. The terminal has opened a “green channel” for thermal coal, with workers loading and unloading around the clock in shifts to bolster supplies for power generation and meet enterprises' coal needs. Photo: VCG

    By VCG | 2026/10/13 0:05:20
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