Economy
Workers at a factory in Dahua county, Hechi, South China's Guangxi Zhuang Autonomous Region, race to complete orders for protective uniforms on September 10, 2026. The factory, a demonstration project backed by China Datang Co to promote rural vitalization, mainly produces personal protective equipment such as anti-static clothing. Photo: VCG
By VCG | 2026/9/10 23:42:44
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  • Saemangeum emerges as testing ground for China-South Korea high-tech cooperation

    Saemangeum is drawing attention again - this time because of Chinese companies. According to the Yonhap News Agency, a delegation of about 20 Chinese companies in sectors, including solar power, secondary batteries and information and communications technology, visited South Korea from Wednesday to Friday to explore potential investment opportunities in Saemangeum.

    By Hu Weijia | 2026/9/10 22:48:13
  • Changsha brings millennia-old heritage into modern life

    Changsha, the capital of central China's Hunan province, has kept both its name and its urban site unchanged for more than 3,000 years. Its streets and lanes carry centuries of history. In recent years, the city has worked to protect, preserve, and creatively revitalize its cultural heritage, finding new ways to integrate its rich legacy into modern urban life.

    By Yuan Quan, Yan Ke and Yang Xun from the People's Daily | 2026/9/10 22:46:05
  • What's behind robotics firm's stock halving from its debut peak after a blockbuster listing

    On August 19, as Unitree Robotics made a stunning debut on Shanghai's Nasdaq-style STAR Market, the hall roared and investors grinned—yet when the camera cut to founder Wang Xingxing, his expression barely moved.

    By Li Xuanmin and Zhang Weilan | 2026/9/10 22:04:19
  • EU's procurement act reportedly targets China; expert says protectionist, discriminatory move won't solve bloc's problems

    The European Commission on Wednesday proposed new public procurement rules that would allow public buyers across the EU to restrict or reject bids from suppliers based in countries not covered by the bloc's procurement agreements, a group that includes China. Chinese experts said that the move represents a further escalation of the EU's trade protectionism.

    By Tao Mingyang and Ma Jingjing | 2026/9/10 21:42:31
  • China outlines reform measures to build up financial system efficiency, resilience, competitiveness

    With China aiming at building a financial powerhouse during the 15th Five-Year Plan period (2026-30), the country's financial regulators on Thursday unveiled measures spanning monetary policy reform, capital-market resilience and high-level financial opening-up.

    By GT staff reporters | 2026/9/10 19:23:43
  • Indian funds display growing interest in investing in Chinese assets: fund managers

    India-based funds are turning their attention to Chinese assets, and talk of investing in China is "more than at any point since 2020," the Global Times learned from senior Indian market players.

    By Li Xuanmin | 2026/9/10 19:09:22
  • European companies double down on China's services market at CIFTIS 2026

    Stepping into the thematic hall of the ongoing 2026 China International Fair for Trade in Services (CIFTIS), one is immediately greeted by a life-size cutout of Erling Haaland in a Norway jersey, who became a viral sensation in China during the 2026 FIFA World Cup, driven by his stellar goal-scoring performances for Norway and his highly engaging social media presence.

    By Liu Yang, Xiao Zhendong and Chi Jingyi | 2026/9/10 18:08:52
  • China extends anti-dumping probe into pecans from Mexico, US

    China's Ministry of Commerce (MOFCOM) announced on Thursday that it has extended the anti-dumping investigation into pecans imported from Mexico and the US to March 25, 2027 due to the complexity of this case, according to a statement on the ministry's website.

    By Global Times | 2026/9/10 18:00:28
  • China-built core surface facilities at Uganda's first commercial oilfield completed, paving way for production

    The core surface facilities at Uganda's Kingfisher oilfield passed mechanical completion acceptance on Thursday, marking the completion of a key construction phase at the country's first commercial oilfield as it moves into preparations for production, state broadcaster CCTV News reported.

    By Global Times | 2026/9/10 17:25:10
  • 'Small circles', geopolitical calculations hurt Global South's tech progress, Chinese FM says on US' AI project in Panama

    Artificial intelligence (AI) concerns the common well-being of all mankind. All sides should adhere to the principles of openness, inclusiveness, benefit for all, and being oriented toward good. The creation of closed and exclusive “small circles” and the pursuit of geopolitical calculations are not conducive to the technological development and progress of the Global South, including Latin American and Caribbean countries, Chinese Foreign Ministry Spokesperson Guo Jiakun said on Thursday.

    By Global Times | 2026/9/10 17:15:10
  • China urges France to stop using Anti-Ultra-Fast Fashion Law to infringe on Chinese firms' legitimate rights: MOFCOM

    China urges France to face up to China's position and immediately stop using Anti-Ultra-Fast Fashion Law to infringe upon the legitimate rights and interests of Chinese-funded enterprises, Chinese Commerce Ministry spokesperson Huang Ling said on Thursday, responding to French officials' claim that the law is neither discriminatory nor targeted and is primarily aimed at protecting the environment and consumers.

    By Global Times | 2026/9/10 16:15:44
  • China hopes India provides fair, just, transparent and non-discriminatory business environment: FM on reports of Xiaomi probe

    China hopes India will provide a fair, just, transparent and non-discriminatory business environment for companies from all countries investing and operating there, Chinese Foreign Ministry spokesperson Guo Jiakun said on Thursday, when asked about reports that India's Serious Fraud Investigation Office had recommended an investigation into Xiaomi.

    By Global Times | 2026/9/10 15:50:37
  • MOFCOM seeks information from French firms over EU subsidies potentially passed to China-based entities: spokesperson

    Ministry of Commerce (MOFCOM) spokesperson Huang Ling said on Thursday that public reports indicate some French companies have received subsidies from the EU and its member states, which may have been passed on to their China-based entities to some extent.

    By Global Times | 2026/9/10 15:37:40
  • China, US in consultations for reciprocal tariff reductions covering $30 billion: MOFCOM

    The Chinese and US economic and trade teams are earnestly implementing the consensus reached at the Beijing meeting between the two heads of state, and are in consultations on a framework arrangement for reciprocal tariff reductions covering $30 billion, with a view to bringing it into effect at an early date, Huang Ling, a spokesperson with China's Ministry of Commerce, said at a regular press conference on Thursday.

    By Global Times | 2026/9/10 15:17:15
  • Investment confidence in China rises as 28% of US respondents boosted investment in 2025, a four-year high: AmCham Shanghai report

    The US companies in China have witnessed a sharp rebound in business confidence, supported by stronger financial performance, an improved geopolitical landscape and regulatory progress, a business report released by the AmCham Shanghai showed on Thursday.

    By Global Times | 2026/9/10 14:34:52
  • China's premium smartphone race heats up with Apple foldable phone debut

    Apple unveiled its first foldable iPhone on Wednesday, marking the biggest change to the device's form factor since its debut and bringing the US technology giant into a premium smartphone segment where Chinese brands have spent years refining products, supply chains and software ecosystems.

    By Ma Tong | 2026/9/10 13:27:56
  • Sea Legend Shipping's China-Europe Arctic Express vessel makes first call at UK's Teesport

    Chinese container shipping company Sea Legend's vessel Dubai Tower arrived in the UK after sailing from Ningbo port in East China's Zhejiang Province via the Northern Sea Route in Arctic, a source from the Ningbo-Zhoushan Port Group told the Global Times on Thursday. The 1,740-TEU Dubai Tower called at the UK's Port of Teesport on Wednesday, according to the source.

    By Zhang Weilan | 2026/9/10 11:23:00
  • China sees 499m trips Jan-Aug, visa-free entries up 26.8% year-on-year

    China recorded 499 million inbound and outbound passenger trips in the first eight months of this year, up 8.7 percent year-on-year, China Media Group reported on Thursday, citing official data.

    By Global Times | 2026/9/10 11:11:25
  • Chinese chamber opposes EU's proposed public procurement regulations which exclude Chinese companies and create excessively high market access barriers

    Chinese companies are strongly opposed to any measures that would exclude or restrict third-country companies from participating in EU public procurement on the basis of so-called non-market factors, such as the country of origin of the company, including where such measures are justified on grounds of economic security or reducing supply chain dependencies, a Chinese business chamber in the Europe said on Wednesday.

    By Global Times | 2026/9/10 10:13:02
  • From the world's key buyer of services to an emerging seller: 'China services' meet the world at CIFTIS 2026

    Walk into the ICT-themed exhibition hall at Beijing's Shougang Park during this year's China International Fair for Trade in Services (CIFTIS), and the first things to catch the eye are artificial intelligence (AI) models. A trillion-parameter open-source AI large model – the first of its kind fully trained and run on a domestic 10,000-GPU cards computing cluster – is making its public debut. Nearby, a “logistics super brain” AI model paired with robots for global supply-chain solutions is showcased.

    By Chi Jingyi and Liu Yang | 2026/9/9 23:13:30
  • Robot on duty

    An intelligent traffic robot directs vehicles and pedestrians at an intersection in Yiwu, East China's Zhejiang Province, on September 9, 2026, adjusting its orientation in sync with the changing signal lights. The robot handles routine patrols and violation identification, and works eight to nine hours a day, helping to close gaps in traffic management at night and during peak hours. Photo: VCG

    By VCG | 2026/9/9 23:09:10
  • GraphicAnalysis: The rise of China's service sector

    From new service brands and overseas expansion support to fast-growing digital trade, China International Fair for Trade in Services (CIFTIS) 2026 offers a snapshot of how China's services industry is evolving. Behind the exhibits and new product debuts is a broader shift: technology-intensive and digitally deliverable services are taking a larger role in trade, while new drivers such as large models and computing power services are creating fresh possibilities.

    By Global Times | 2026/9/9 23:00:30
  • US businesses, local governments active at CIFIT, highlighting commitment to Chinese market

    Representatives of US local governments and businesses attending the ongoing China International Fair for Investment and Trade (CIFIT) in Xiamen, East China's Fujian Province, on Wednesday expressed continued interest in strengthening economic and investment cooperation with China.

    By Yin Yeping in Xiamen | 2026/9/9 22:53:11
  • Could imports be part of the answer to India's steel supply challenge?

    Indian steel prices are expected to rise further in the coming weeks, while industry statistics show that hot-rolled coil prices rose by 4,000 rupees ($42.1) per metric ton between August and early September, reaching a four-year high, Reuters reported. Higher steel prices could add to input costs for infrastructure, construction and vehicle companies as demand for steel picks up, and that could weigh on India's manufacturing sector.

    By Hu Weijia | 2026/9/9 22:49:50
  • China recognizes 11 new occupations including embodied intelligence robot technician

    China on Wednesday recognized 11 new occupations including shore-based ship management engineering technician, embodied intelligence robot technician, and sports data analyst, and it also recognized 23 new job specialties including community workers and age-friendly renovation designers, according to a document released by the Ministry of Human Resources and Social Security and other government departments.

    By Ma Jingjing | 2026/9/9 22:35:40
  • Multiple localities of China announce plans to develop high-end, precision, advanced industries during 15th Five-Year Plan

    A number of Chinese localities including Beijing and Shanghai have recently announced plans for developing high-end, precision and advanced industries as well as building a modern industrial system during the nation's 15th Five-Year Plan (2026-30) period.

    By GT staff reporters | 2026/9/9 22:32:23
  • China rejects US claim of AI distillation, blasting Washington for pursuing AI tech hegemony and computing power monopoly

    The US side's accusation of Chinese artificial intelligence (AI) firms of industrial-scale distillation against US AI models is groundless in fact and without basis in law, China's Ministry of Commerce (MOFCOM) said on Wednesday, stressing that the US move is politicizing and weaponing distillation – a normal technical and commercial practice in the industry – and to apply double stands in practice.

    By Global Times | 2026/9/9 22:19:08
  • From smart healthcare to intelligent tourism, CIFTIS shows tech as core engine driving services industry upgrades

    Walking into the telecom and IT exhibition hall at the ongoing 2026 China International Fair for Trade in Services (CIFTIS), a visitor might do a double-take – there, on a dental chair, sits a human skull.

    By Liu Yang, Xiao Zhendong and Chi Jingyi | 2026/9/9 21:31:48
  • Chinese experts urge EU to drop unilateral coercive demands over so-called 'trade imbalance,' seek solution via equal consultation

    China-EU consultations must be conducted on the basis of equality, and wielding the big stick will not resolve the real problems facing a weakening European industry but will only damage China-EU mutual trust and undermine the possible outcomes of China-EU trade and investment consultation mechanism, Chinese experts said on Wednesday, urging the EU to objectively view the China-EU economic and trade relationship rather than shift the blame onto others.

    By Ma Jingjing | 2026/9/9 20:54:12
  • China-Laos Railway transports 244,000 passenger trips in first 8 months, up 50%

    The China-Laos Railway transported 244,000 cross-border passenger trips in the first eight months of this year, up more than 50 percent year-on-year, China Railway Kunming Group Co announced on Wednesday.

    By Global Times | 2026/9/9 18:13:33
  • Arctic shipping route moves toward regular operation, but commercialization needs broader cooperation: Sea Legend executive

    The Arctic shipping route is moving toward normalized operations, with a Chinese shipping executive saying his company aims to extend the navigation window to six to eight months in the next three to five years. But turning the route into a commercial corridor will require stronger international cooperation on rules, safety and environmental standards.

    By Zhang Weilan in Xiamen | 2026/9/9 17:42:57
  • Chinese firms plan to build 100,000-GPU AI cluster to boost AI computing infrastructure

    Chinese cloud service provider JD Cloud and GPU maker Moore Threads are teaming up to build a 100,000-GPU intelligent computing cluster, Moore Threads said on Wednesday, in an effort to scale up domestically developed AI computing infrastructure.

    By Global Times | 2026/9/9 15:53:20
  • US should refrain from making unfounded accusations against China, says FM on US agencies alleging Chinese AI firms systematically mined American models

    It is hoped that the US side will earnestly implement the important common understandings reached by the two heads of state and refrain from making unfounded accusations against China. Both China and the US are major countries in artificial intelligence (AI) and should strengthen cooperation, Chinese Foreign Ministry spokesperson Mao Ning said at a press briefing on Wednesday.

    By Global Times | 2026/9/9 15:46:07
  • Washington's pressure on Ford to cut China ties could backfire: expert

    The US administration on Tuesday criticized Ford Motor over its ties with Chinese companies, with Washington's political intervention reaching deeper into technology licensing, supply chains and routine commercial cooperation between companies in the two countries. Analysts said the move could ultimately constrain US automakers themselves, which are under pressure to cut electrification costs and keep pace with a fast-changing global industry.

    By Ma Tong | 2026/9/9 14:40:32
  • China's inflation edges up, signaling sustained recovery in domestic demand

    China's price levels continued their moderate recovery in August, reflecting sustained improvement in domestic demand under supportive policy measures.

    By Xinhua | 2026/9/9 11:37:42
  • China deepens reforms to advance new development model for real estate

    Zhao Qinghong, a property sales manager in south China's Shenzhen City, has been busier than usual recently, as a new package of measures for the property market has brought more prospective buyers to the residential project where he works.

    By Xinhua | 2026/9/9 10:27:06
  • China's CPI up 0.8 pct in August

    China's consumer price index (CPI), a main gauge of inflation, rose 0.8 percent year on year in August, official data showed Wednesday.

    By Xinhua | 2026/9/9 9:47:55
  • New energy exports

    Workers produce energy storage products for export at a workshop in Nantong, East China's Jiangsu Province, on September 8, 2026. Customs data showed China's goods trade reached 34.78 trillion yuan ($5.18 trillion) in the first eight months of 2026, up 17.6 percent year-on-year, with exports rising 14.6 percent to 20.17 trillion yuan. Photo: VCG

    By VCG | 2026/9/9 0:02:08
  • Foreign businesses eye deeper China ties as record scale CIFIT highlights opening up amid rising global protectionism

    The China International Fair for Investment and Trade (CIFIT), now in its 26th edition, officially opened on Tuesday in Xiamen, a coastal city in East China's Fujian Province, with its exhibition space reaching a record high.

    By Yin Yeping in Xiamen | 2026/9/8 23:28:21
  • DeepSeek to hire 150 engineers as AI race shifts to systems, applications

    Chinese artificial intelligence (AI) developer DeepSeek on Tuesday opened about 150 new positions, targeting senior engineers with two to 10 years of experience. Unlike the company's broad recruitment drive in June, every one of the new roles sits on the engineering side, with not a single AI research position among them.

    By Tao Mingyang | 2026/9/8 23:08:47
  • Silk Road Maritime Forum kicks off in Xiamen with focus on shared growth, open cooperation

    The 8th Silk Road Maritime International Cooperation Forum opened in the coastal city of Xiamen, East China's Fujian Province on Tuesday. Domestic and foreign officials and industry insiders agreed that in the face of multiple challenges including geopolitical risks and the green transition, all parties in the shipping industry should strengthen connectivity and open cooperation, while actively embracing the valuable certainty and development opportunities that the Chinese market brings to the world.

    By Zhang Weilan and Chen Zishuai in Xiamen | 2026/9/8 22:34:55
  • China's foreign trade expands 17.6% in Jan-Aug

    In the first eight months, China's foreign trade expanded 17.6 percent to 34.78 trillion yuan ($5.13 trillion), sustaining a double-digit growth momentum and highlighting the country's resilience despite a sluggish global trade recovery and geopolitical conflicts disrupting global industrial and supply chains.

    By Liu Yang | 2026/9/8 21:53:33
  • Chinese economy not stalling, but in a period of growth engines reconfiguration: Kazakh scholar

    The current phase of China's economic transition represents a reconfiguration of its growth engines rather than what some Western media recently hype as an economic “stall.” Data released by the National Bureau of Statistics (NBS) showed that China's GDP still expanded by 4.3 percent in the second quarter, while industrial output grew by 4.5 percent in July, indicating that economic activity continues to expand amid far-reaching structural transformation.

    By Zhadyra Assetkyzy | 2026/9/8 21:26:31
  • China unveils first national-level industrial policy for traditional industries, reviving time-honored skills and unleashing consumer potential

    Silk, tea, and porcelain have long been cherished as national treasures, each carrying the wisdom and artistry of Chinese civilization. Now, these time-honored industries are turning a new page – one that will promise a future of high-quality and sustainable growth.

    By Wang Zheng and Liu Wenxin from the People's Daily | 2026/9/8 21:26:04
  • China should not be criticized for making what Western leaders in the last decade asked for: former UN official

    The popularity of Chinese high-tech is related to the fact that high-quality products are available at a low price. China is a leader in technologies such as robotics, artificial intelligence (AI), and biotechnology because it makes technology that the world can afford. No developing nation can pay an exorbitant price for new technology, and even the richest nations in the world value low price.

    By Global Times | 2026/9/8 21:17:58
  • Greater policy autonomy drives Canada's tariff response to US pressure, trust crisis pushes allies to seek new trade routes: experts

    The escalating US-Canada tariff dispute has become the latest symptom of a tariff-driven trust crisis rooted in Washington's trade policies, Chinese experts warned on Tuesday. As Canada's retaliatory tariffs on US goods took effect, they noted that growing calls for policy autonomy among US traditional allied economies could push them toward building more stable and reliable economic ties elsewhere.

    By Chen Qingrui | 2026/9/8 20:39:00
  • China's first 88,000-cubic-meter very large gas carrier completes construction

    China's first 88,000 cubic meter very large gas carrier (VLGC), named "Chang Ping Yuan," completed construction, marking a new breakthrough in China's independent design and construction of very large gas carriers, China Media Group reported on Tuesday.

    By Global Times | 2026/9/8 18:18:54
  • China to work with all parties to ensure Al delivers sustainable value for all humanity: Foreign Ministry

    China stands ready to work with all parties to ensure that artificial intelligence (Al) delivers sustainable value and becomes an important driving force for enhancing the well-being of all humanity, Chinese Foreign Ministry spokesperson Mao Ning said on Tuesday, commenting on the opening of a new workshop on Al capacity-building in Beijing that attracted the participation of representatives from 37 countries.

    By Global Times | 2026/9/8 16:48:47
  • China's semiconductor exports surge 103.9% in Jan-Aug, driven by rising global demand for AI facilities

    China's integrated circuit (IC) exports reached $40.731 billion in August, while cumulative exports for the January-August period totaled $256.75 billion, up 103.9 percent year-on-year, according to data released by the General Administration of Customs (GAC) on Tuesday.

    By Ma Jingjing | 2026/9/8 13:30:16
  • Brussels procurement overhaul seen as targeting China, could make Europe pay more for less competition: expert

    The European Commission is expected to propose a sweeping overhaul of EU public procurement rules this week, in what European media describe as its latest effort to reduce economic reliance on China. Chinese analysts said on Tuesday that the proposed restrictions would extend protectionism into public purchasing without addressing Europe's underlying competitiveness problems.

    By Ma Tong | 2026/9/8 12:53:17
  • China's foreign trade sees robust growth, up 17.6% to reach 34.78 trillion yuan in first eight months

    China's foreign trade has seen very positive growth in the first eight months of the year, with total goods imports and exports reaching 34.78 trillion yuan ($5.18 trillion), up 17.6 percent year-on-year, 0.3 percentage points faster than in the first seven months, official customs data released on Tuesday showed.

    By Global Times | 2026/9/8 10:58:57
  • China's foreign trade expands 17.6 pct in first eight months

    China's foreign trade in yuan-denominated terms grew 17.6 percent year on year in the first eight months of this year, official data showed on Tuesday.

    By Xinhua | 2026/9/8 10:35:15
  • China's top court sets rules for AI deepfakes and other disputes

    A familiar face on a video call may not be what it seems, as artificial intelligence (AI) can now replicate people's faces and voices with startling realism, creating new challenges for the law. On Monday, China's top court issued guidelines spelling out when such AI-generated content can lead to legal liability.

    By Xinhua | 2026/9/8 10:33:22
  • AI to take center stage at 5th global digital expo

    The 5th Global Digital Trade Expo, an event dedicated to promoting digital trade and industrial cooperation, will take place from Sept. 23 to 27 in Hangzhou, capital of east China's Zhejiang Province, with artificial intelligence (AI) as its main theme, an official said on Monday. More than one-third of the exhibitors will focus on AI, alongside the collective debut of AI application pilot bases, presenting a full-chain innovation ecosystem spanning foundational models, industry applications and smart devices, China's Vice Minister of Commerce Yan Dong noted.

    By Xinhua | 2026/9/8 10:13:30
  • China improves investment mechanism to advance rural revitalization

    China has unveiled a plan to improve its investment mechanism for rural revitalization as part of broader efforts to boost agricultural and rural development, the country's agriculture ministry said Monday. Jointly issued by multiple government bodies, including the Ministry of Agriculture and Rural Affairs, the National Development and Reform Commission and the People's Bank of China, the plan calls for stronger fiscal and financial support and increased social capital participation. The goal is to steadily boost investment in rural revitalization and further optimize the investment structure for agriculture, rural areas and farmers.

    By Xinhua | 2026/9/8 7:54:45
  • Xiaomi, Huawei launch new foldable mobile flagships, with Apple's debut expected in two days

    Both Xiaomi and Huawei held product launches on Monday, unveiling new foldable flagship mobile phones, while Apple confirmed its own autumn event for Wednesday (US time), where its first foldable iPhone is widely expected.

    By Global Times | 2026/9/8 0:24:42
  • China's manufacturing, consumer market offer new opportunities for Indian firms: representative

    China's mature manufacturing ecosystem, technology capabilities and experience in scaling up production offer opportunities for Indian businesses seeking to expand their manufacturing capabilities, particularly in emerging sectors such as batteries, renewable energy, electric vehicles (EVs) and electronics, an Indian business representative told the Global Times in an exclusive interview.

    By Yin Yeping | 2026/9/7 23:24:14
  • Week of major exhibitions underscores China's expanding opening-up

    Two major national exhibitions, covering services trade and investment, are taking place back-to-back this week in China, with record-breaking scale, unprecedented international participation, and a clear message to the world: the country's doors are opening wider.

    By Chi Jingyi | 2026/9/7 23:14:48
  • How S.Korean firms can seize opportunities in China's consumer market

    "Is there any good jajangmyeon?" A user on a Chinese short-video platform left this comment under a video about South Korean ramen. Yet no answer followed as of press time. The unanswered comment points to a challenge for South Korean companies seeking to reach Chinese consumers: demand is growing, but some consumer needs remain unmet. Those needs can also become opportunities.

    By Hu Weijia | 2026/9/7 23:13:44
  • GT Voice: What will India bring to BRICS to steer co-op?

    India's economic momentum in recent years has been obvious to all. Its remarkable GDP performance and rapid development in sectors including digital industry and biomedicine give it unique advantages when leading discussions on technology governance. If New Delhi can harness its own development momentum and channel it into BRICS cooperation, this summit will not only serve as a showcase for India's global ambitions, but also become a critical opportunity for it to enhance its tech industry.

    By Global Times | 2026/9/7 22:58:02
  • CXMT CEO open Apple partnership, confident in global competitiveness

    Chinese memory chipmaker ChangXin Memory Technologies (CXMT) said on Monday that it remains open to partnering with Apple, as its general manager touted the company's competitiveness against global mainstream players, following a blockbuster first-half performance that saw revenue surge nearly nine-fold to 150.3 billion yuan ($22.4 billion).

    By Global Times | 2026/9/7 22:16:57
  • Asia-Pacific media jointly tell the story of new opportunities for cooperation

    "At 9 am, we made this decision in the car; by noon, the memorandum of understanding [MOU] had already been signed," Pakistani reporter Amjad Aziz Malik told the Global Times when recalling his experience in Shenzhen, South China's Guangdong Province, over the past two days.

    By Hu Yuwei, Ding Yazhi and Li Jiayu | 2026/9/7 20:40:07
  • Hybrid rice seed production hits record high, surpassing 1,000 jin per mu

    A major breakthrough has been achieved in China's hybrid rice seed production, as a large-scale demonstration plot recorded a yield of 530.4 kilograms per mu (7,956 kilograms per hectare), surpassing 1,000 jin for the first time.

    By Global Times | 2026/9/7 19:25:51
  • Huawei unveils high-performance chip for first time in 6 years, flagship mobile phone performance up 42% from previous generation: report

    Chinese tech giant Huawei unveiled Mate XT 2 tri-fold smartphone in Guangzhou, South China's Guangdong Province, on Monday, featuring the latest Kirin 9050 Pro chip - the first high-performance processor to adopt logic folding technology, according to the Xinhua News Agency.

    By Global Times | 2026/9/7 16:36:17
  • China finds Japan dumping of dichlorosilane, requires deposits from Sept 8

    China's Ministry of Commerce (MOFCOM) on Monday announced a preliminary ruling that the investigated imports from Japan were being dumped, causing material injury to China's dichlorosilane industry, and that there was a causal link between the dumping and the material injury.

    By Global Times | 2026/9/7 16:11:18
  • Chinese experts dismiss European group's 'colonisation' hype, coffin protest as political stunt, urge EU to face up to competitiveness woes

    Europe is crying foul again. A European metals industry group has alleged that EU manufacturing job losses could surge unless Brussels stops what it called the “colonisation” of industry by Chinese component manufacturers, according to a Guardian report on Sunday. Chinese experts dismissed the claim as a distortion of normal market competition that deflects attention from Europe's own competitiveness problems and could fuel protectionism.

    By GT staff reporters | 2026/9/7 15:20:02
  • RMB use expands in Africa amid growing financial connectivity and trade

    China's currency, the renminbi (RMB), is playing a bigger role in Africa as trade with the continent flourishes. From the launch of direct RMB settlement services in Tanzania to expanded connectivity with the Cross-Border Interbank Payment System (CIPS) in Kenya and Namibia, as well as the establishment of RMB clearing arrangements for Africa, such recent developments highlight the growing role of the Chinese currency in cross-border transactions.

    By Xinhua | 2026/9/7 14:36:38
  • Jiangsu-based Xingyu suspends general manager's pay for one year, HR head dismissed after mishandling of college graduates draws uproar

    Changzhou Xingyu Automotive Lighting System Co, in East China's Jiangsu Province, has issued rectification measures over the improper handling of the newly hired university graduates in early August, with the company's general manager's salary to be suspended for one year, and the human resources department director being removed from his post, the company said on Monday.

    By GT staff reporters | 2026/9/7 13:36:41
  • China's major river-to-sea Pinglu Canal will open to navigation on September 16, enhancing links with ASEAN

    China officially released the nautical map for the approaches to the country's major river-to-sea Pinglu Canal on Monday. Meanwhile, aids to navigation along the canal's seaward stretch were fully installed the same day, marking that the canal's maritime safety system — from channel marks to chart coverage — is now in place, according to a report by China Central Television (CCTV).

    By Global Times | 2026/9/7 13:18:15
  • Four retired passenger planes on auction in Chongqing city, can be converted to cafés, restaurants

    Four retired passenger planes — an Airbus A321, an A320, an A319 and a Boeing 737-700 — will be auctioned as a package on Tuesday in China with a starting price of 4 million yuan, the Global Times learned on Alibaba's judicial auction platform.

    By Liu Yang | 2026/9/7 11:06:11
  • China's power battery recycling ushers in comprehensive upgrade

    China's power batteries will enter a stage of large-scale retirement during the 15th Five-Year Plan period (2026-30), making a comprehensive upgrade of recycling and reuse particularly important, an official with the Ministry of Industry and Information Technology (MIIT) said at the 2026 World Power Battery Conference held in Yibin, Southwest China's Sichuan Province, on Friday. As the country's NEV fleet keeps growing, the first generation of power batteries put on the market is now retiring in bulk.

    By By Li Xundian, Wang Dong and Qing Mu | 2026/9/6 22:55:27
  • French-American duck robot's 'Chinese brain' reveals deep integration of global supply chains

    A $399 desktop duck-shaped robot named Microduck from a French-American company has become an unlikely lens through which to view the deep integration of global technology supply chains.

    By Chi Jingyi | 2026/9/6 22:27:16
  • Indonesian SMEs optimistic about Chinese market amid broader policy support

    At her exhibition booth, neatly arranged trays display dried sea cucumbers of various sizes, alongside an assortment of other dried seafood products. Eldha Anggia, a seafood exporter from Indonesia, is attending the show for the very first time. Though her company is still a fledgling business - only two years old - she is brimming with confidence and eager to break into the Chinese market.

    By GT staff reporters | 2026/9/6 22:25:58
  • 8 state-owned central financial firms get 360b yuan capital boost to strengthen risk resilience

    Eight Chinese central financial enterprises, including Industrial and Commercial Bank of China (ICBC), unveiled capital increase plans on Sunday to replenish their core Tier-1 capital. The plans total 360 billion yuan ($53.6 billion), which will help further strengthen their steady operating capacity, risk resistance capacity and ability to serve the real economy, the Xinhua News Agency reported.

    By Tao Mingyang | 2026/9/6 21:47:39
  • India's GDP grew 7.8%, but why did its global ranking fall to sixth?

    If India is growing so fast, why is its global ranking falling? Some will inquire.

    By Hu Weijia | 2026/9/6 21:34:04
  • China, Russia mull new rail links as rising trade fuels push for cross-border capacity

    China and Russia are discussing new railway routes while expanding capacity at existing border crossings, according to Russian media reports citing Oleg Belozerov, CEO of state-owned Russian Railways, as growing bilateral trade drives demand for stronger cross-border transport links.

    By Ma Tong | 2026/9/6 21:21:36
  • GT Voice: Global chip market is large enough for CXMT to expand

    The Bank of Korea said in a recent report that South Korea's lead over China in memory chip production is expected to widen thanks to an aggressive capacity expansion by Samsung Electronics and SK Hynix, Bloomberg reported on Friday.

    By Global Times | 2026/9/6 20:02:08
  • What will 'home robots of the future' look like? Less human intervention, smarter machines: Chinese firms redefine 'smart' at IFA

    A splash of ketchup on the floor became an impromptu challenge for a Chinese robot vacuum at IFA 2026 in Berlin, Germany.

    By Chen Qingrui, Li Xuanmin, Tao Mingyang in Beijing and Qing Mu in Berlin | 2026/9/6 18:25:31
  • Huawei paper reveals denser Kirin 2026 chip consumes less energy, offering fresh evidence for Tau Scaling Law

    A new paper by Huawei's semiconductor segment chief He Tingbo on the company's Tau (τ) Scaling Law presented measurements from the Kirin 2026 chip, showing that transistor density increased by about 55 percent while power consumption fell across several key computing units at comparable performance.

    By Global Times | 2026/9/6 16:11:20
  • High-speed rail link connects two key Long March revolutionary sites

    On Sunday morning, the G3998 Fuxing bullet train departed from Ruijin Station in East China's Jiangxi Province and set off for Yan'an in Northwest China's Shaanxi Province, marking the first direct high-speed rail service between the two major revolutionary sites, the Xinhua News Agency reported on Sunday.

    By Global Times | 2026/9/6 15:34:57
  • 'Spy tractor' allegation baseless, UK farmers will pay the price for politicizing trade: Chinese expert

    The claim by the UK group called Coalition on Secure Technology (CST) that "China could use tractors and other internet-linked agricultural machinery to spy on British farmers" is baseless, reflecting a lack of confidence on the part of certain British politicians as they tend to suspect anything that they do not understand or anything whose technology has outpaced their own, Chinese experts said on Sunday.

    By Ma Jingjing | 2026/9/6 15:09:03
  • China's first Hualong-One nuclear power station fitted with cooling towers starts construction in Shandong Province

    The Unit 2 of the Zhaoyuan nuclear power station in East China's Shandong Province started pouring concrete on Saturday, marking the official start of the unit's main works and meaning the first phase of the plant has begun construction. The first phase will have two generating units, which is China's first Hualong-One reactor fitted with cooling towers.

    By Global Times | 2026/9/6 14:26:43
  • China carries out world's first congenital heart surgery guided by AI-powered ultrasound robot

    In a world first, a Chinese medical team performed an AI-powered, ultrasound robot-guided transcatheter closure procedure for congenital heart disease on a 48-year-old man on Saturday, according to a novelty search conducted by an authoritative institution.

    By Global Times | 2026/9/6 11:27:27
  • First tunnel completed on Kyrgyzstan section as China-Kyrgyzstan-Uzbekistan railway makes major progress

    Construction of the China-Kyrgyzstan-Uzbekistan railway has made fresh progress, with the No.2 North Koshtobe Tunnel in Kyrgyzstan recently broken through, the China-Kyrgyzstan-Uzbekistan Railway Co said. Phased advances achieved on other key projects including the Naryn No.1 Tunnel.

    By Global Times | 2026/9/5 16:08:33
  • Super El Nino may raise risk of extreme rainfall in two regions of China this autumn, while lower Yangtze faces flood threat next year

    The World Meteorological Organization has confirmed El Nino formation and expects it to strengthen to a super El Niño in the coming months. China's National Climate Center (NCC) said its impacts will continue through autumn and winter as the event approaches its peak, with particularly pronounced effects expected next summer, according to the Xinhua News Agency.

    By Global Times | 2026/9/5 13:19:27
  • ICBC lists 700 mln USD dual-currency green bonds on Nasdaq Dubai

    The Dubai branch of the Industrial and Commercial Bank of China Ltd. (ICBC) on Thursday held a bell-ringing ceremony at Nasdaq Dubai to mark the listing of its global dual-currency green bonds themed after "China-Arab states renewable energy cooperation."

    By Xinhua | 2026/9/5 8:49:23
  • Rising capabilities backed by ecosystem spanning makers, maintenance providers and insurers

    The humanoid crossed the finish line at full speed and hit the blue crash mats. Staff workers quickly carried it off, changed its battery and checked its joints. None of that support came from a robot maker – a small scene that captures the broader ecosystem evolving Chinese robotics sector.

    By Tao Mingyang | 2026/9/5 1:07:51
  • Exports surge

    Chinese-branded vehicles wait to be loaded onto a vessel bound for Australia at a port in Lianyungang, East China's Jiangsu Province, on September 4, 2026. China's auto exports hit 1.04 million units in July 2026, up 81.3 percent year-on-year, with monthly exports topping 1 million for two straight months and new energy vehicles making up over half of exports for two consecutive months, data show. Photo: VCG

    By VCG | 2026/9/4 23:33:56
  • China launches multilateral Earth-Moon cube satellite constellation science program

    China has launched an international science program to deploy a constellation of cube satellites - small, standardized satellites built in compact modular units - across Earth-Moon space, with research institutions from Thailand, Serbia, Egypt, Senegal, Indonesia and other countries already on board, according to an announcement at the 4th International Deep Space Exploration Conference (Tiandu Forum) held in Hefei, East China's Anhui Province, CCTV News reported on Friday.

    By Global Times | 2026/9/4 23:30:17
  • Widening US trade deficit exposes clear limits of tariff strategy as AI boom underscores need for global cooperation, not confrontation: expert

    The US trade deficit widened sharply in July to its highest level in 16 months, driven in part by surging imports of computers, computer accessories and semiconductors amid the country's AI investment boom, foreign media reported. The US is seeking to reduce its reliance on foreign manufacturing at a time when the AI industry increasingly relies on global supply chains and cross-border collaboration to meet rapidly growing demand for computing infrastructure, Chinese experts said. The latest US trade figures also raise questions over Washington's push for broader semiconductor-related tariffs, the experts said, noting that when domestic production cannot provide sufficient substitutes for imported products, additional tariffs may do little to curb demand and instead raise costs for US technology companies and consumers.

    By GT staff reporters | 2026/9/4 23:12:48
  • Survey shows German firms' mixed views on China ties; trade barriers are not the cure: expert

    German businesses are undergoing a period of reflection amid growing market competition, with some blaming pressure from China while others acknowledge issues at home, Chinese experts noted on Friday after a recent survey indicated the complex views of German firms on business ties with China.

    By Tao Mingyang | 2026/9/4 22:33:38
  • Asia-Pacific media delegates impressed by China's cutting-edge tech in Greater Bay Area visit

    At the display area for BYD - one of China's new-energy vehicle pioneers - the nail penetration test on a blade battery drew particular interest. Delegates leaned in, eyes fixed on the battery as a steel needle pierced through it - no smoke, no fire, no explosion. More visitors crowded around, eager to see for themselves what Chinese EV technology could deliver.

    By Hu Yuwei, Ding Yazhi and Li Jiayu | 2026/9/4 22:27:50
  • Saudi firm launches LLM based on Chinese AI model

    Beyond just application programming interfaces (APIs) and fully developed products, China's artificial intelligence (AI) models are now emerging as foundational tech infrastructure for global developers to build their next-generation AI models, Chinese experts said on Friday, after a Saudi Arabian AI company unveiled a large language model (LLM) based on one from Chinese AI firm MiniMax.

    By Liu Yang | 2026/9/4 22:22:30
  • China opens BeiDou reference station data to public for the first time

    China has for the first time opened its national BeiDou satellite navigation reference station network data to the public, marking a significant step in sharing high-precision space-time information, state broadcaster CCTV News reported on Friday.

    By Chu Daye | 2026/9/4 19:41:52
  • Protectionist walls will not address US auto sector's weakening competitiveness: Chinese expert on reported US lobbying to ban Chinese cars

    In the latest moves by the US auto industry to deny Chinese automakers market entry, a US auto industry lobby group is reportedly urging the US Congress to pass legislation barring Chinese vehicles before the end of the year. A Chinese expert said the move reflected intentions by some in the US auto industry to seek a safe harbor by erecting protectionist walls, warning that such a move will not address the issues of weakening competitiveness faced by US auto industry and will harm the interests of US consumers.

    By Chu Daye | 2026/9/4 16:20:47
  • Chinese FM responds to US official's remarks of China-US announcement on agriculture, non-tariff barriers

    Both China and the US should work together to implement the important consensus reached by the two heads of state and maintain the stable development of China-US economic and trade relations, Chinese Foreign Ministry Spokesperson Guo Jiakun told a press conference on Friday.

    By Global Times | 2026/9/4 15:53:29
  • China unveils five-year plan to promote SME development

    China has issued a plan to promote high-quality development of small and medium-sized enterprises (SMEs) during the 2026-2030 period, setting targets for business growth, innovation and the development environment. By 2030, China's SMEs are expected to achieve growth in both quality and scale, with per capita operating revenue of major SMEs posting cumulative growth of around 15 percent over the five-year period, according to the plan, which was jointly issued by 10 government departments, including the Ministry of Industry and Information Technology (MIIT).

    By Xinhua | 2026/9/4 13:11:47
  • China culture-tourism expo opens with over 2,500 exhibitors

    The 2026 China Culture & Tourism Industries Expo opened Thursday in north China's Tianjin Municipality, attracting more than 2,500 culture and tourism enterprises from 20 countries and regions.

    By Xinhua | 2026/9/4 11:09:47
  • Australian EV sales hit new record high amid surging demand for Chinese vehicles

    Electric vehicle sales in Australia hit a new record high in August as the popularity of Chinese cars continued to rise, according to industry data. The Federal Chamber of Automotive Industries (FCAI) said on Thursday that battery electric vehicles (BEVs) accounted for 24.9 percent of all new vehicle sales across the country in August, surpassing the previous record of 23.3 percent set in June.

    By Xinhua | 2026/9/4 9:53:13
  • China, Ethiopia to expand coffee trade through closer industrial partnership

    Chinese and Ethiopian companies have agreed to expand coffee trade through forging closer industrial and supply chain partnerships and tapping into potential bilateral agreements, including China's zero-tariff treatment for African countries. On Tuesday, a trade promotion event involving China's Yunnan Province and Ethiopia was held in Addis Ababa, Ethiopia's capital, to expand high-quality coffee exports from Ethiopia to China.

    By Xinhua | 2026/9/4 9:52:30
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