China's three key shipbuilding indicators lead world in 2025
China's shipbuilding industry maintained its global lead across all three major metrics in 2025, marking 16 consecutive years at the top, according to the latest data released by the Ministry of Industry and Information Technology (MIIT), China Media Group (CMG) reported.
Overseas firms, investors show stronger confidence in HK: Paul Chan
Overseas enterprises and investors are growing more confident about investing in Hong Kong. In a blog post on Sunday, Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, disclosed that the number of overseas and Chinese mainland companies with a presence in Hong Kong and local start-ups each increased by more than 10 percent last year, with the former exceeding 11,000 and the latter surpassing 5,200.
From a broader perspective, the pragmatic and mutually beneficial investment cooperation between China and the UK serves as an illustration of the constructive role of China's outward investment.
The maturation of the rural markets presents greater opportunities for both domestic and international companies. As rural consumers become increasingly connected and their spending patterns evolve, businesses able to adapt ...
Chinese researchers develop world's first self-powered eye-tracking system, enabling ALS patients to power and control wheelchair with eye movement
Chinese AI large model firms roll out digital red packet campaigns for Spring Festival
Global Times hosts symposium exploring new farmers' role in empowering China's rural revitalization
China supports Cuba safeguard its national sovereignty and security, FM says regarding US' tariff threat on Cuba's oil suppliers Uncertainties remain as the pace and extent of the potential policy shifts under the new Fed chair nominee remains unclear, experts said.
On February 1, two new regulations aiming to define the "safety line" for online consumption took effect, which will bar online platforms from using big data to engage in discriminatory pricing against frequent customers, and, from now on, online human ...
A Financial Times (FT) report claiming that US automaker Ford Motor held discussions with Chinese electric vehicle (EV) maker Xiaomi about forming a joint venture to build EVs in the US has been denied by Xiaomi on Sunday.
China's manufacturing sector demonstrated resilience in January, achieving steady factory output and continued growth in the high-tech sector despite a dip in overall activities, official data revealed on Saturday.
Southwest China's Xizang Autonomous Region is targeting high-quality economic development this year, vowing to implement measures such as investing in infrastructure, expanding high-level opening up, further developing clean energy and accelerating the application of digital and smart technologies.
Several gold trading mini programs on WeChat have recently been suspended following a redemption crisis involving Shenzhen-based platform Jieworui Jewelry, which local authorities updated Saturday has initiated redemption under supervision. The latest developments draw market attention to the risks associated ...
Gold and silver prices plunged drastically on Friday US time, with the scale equivalent to the combined GDP of the UK and France in 2025, ending the rapid gains seen in the recent weeks, which several major US financial media ...
U.S. stocks ended lower on Friday as investors evaluated U.S. President Donald Trump's nomination of former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as the next Fed chair.
Asked to comment on the WTO panel ruling in the case of China against the US over the Inflation Reduction Act (IRA), a spokesperson for China's Ministry of Commerce said on Friday that the panel ruled that the US clean-energy ...
High-end ingredients that were once largely imported are now made in China and gradually moving from China into global markets. Meanwhile, as trade and economic cooperation deepens, distinctive foods from around the world are entering China at an accelerating pace ...
We are living through an era of extraordinary change: geopolitical fracturing, technological disruption, economic anxiety, and a planetary environmental crisis. These forces make the strengthening of global governance more complicated, but also more urgent, particularly as the global economy increasingly ...
Asia's economy demonstrated remarkable resilience and dynamism in 2025 despite a complex and challenging external environment. Even in the context of rising protectionism, regional economic integration continued steadily, and trade and investment cooperation expanded further last year.
After Panama's Supreme Court recently ruled that the concession contract under which CK Hutchison Holdings operates two ports along the Panama Canal was "unconstitutional", the Hong Kong Special Administrative Region (HKSAR) government on Friday expressed strong dissatisfaction and firm opposition ...
China is a very important visitor market for Britain, and Chinese tourists' spending in the UK is expected to maintain a continuous growth at an average annual rate of 20 percent through 2030, Patricia Yates, CEO of VisitBritain, the UK's ...
China's Ministry of Commerce Wang Wentao and British Secretary of State for Business and Trade Peter Kyle jointly signed four economic and trade outcome documents on Thursday, making concerted efforts in the three areas of goods trade, services trade, and ...
UK businesses are actively discussing new investment opportunities in China, as British Prime Minister Keir Starmer is paying a visit. Several cooperation agreements have already been reached or in talk, the Global Times learned from corporate representatives at the China-UK ...
China's ports posted solid growth in foreign trade throughput in 2025, with nationwide foreign trade container handling rising by nearly 10 percent year on year, while overall port cargo volumes linked to external trade also recorded strong gains, underscoring the ...
Starting from February 2, 2026, a 5 percent provisional import tariff rate will be implemented on whisky, according to an announcement on adjusting the whisky import tariff released by China's Customs Tariff Commission of the State Council on Friday.
While at the 2026 Annual Appreciation Dinner hosted by the American Chamber of Commerce in China (AmCham China) on Thursday, Chinese and US officials and business leaders explored potentials for collaboration in support of US-China economic and trade relations, US ...
Innovative products ranging from spontaneous travel photography experiences to bags of fresh seafood and bottles of trendy sparkling water have gained popularity with consumers in recent years.
Asked to comment on that Panama's Supreme Court has recently ruled unconstitutional the concession contract under which CKHutchison Holdings operates two ports along the Panama Canal, Chinese Foreign Ministry spokesperson Guo Jiakun said on Friday, I believe you have noted ...
John Moolenaar, chair of a US House of Representatives committee on China, is reportedly scrutinizing US automaker Ford Motor's decision to widen its partnership with Chinese battery giant CATL to produce energy storage batteries, demanding an explanation to the nature ...
The European Union's climate chief has claimed that the bloc must resist China's growing influence in clean technologies, while criticizing recent efforts by the UK and Canada to seek closer cooperation with China – a stance analysts say reflects a ...
As the UK advances its green economy agenda, a call from its energy sector illustrates the positive role Chinese enterprises could play in reducing costs. The potential for mutually beneficial cooperation is clear.
Pet travel surging during Spring Festival is more than a niche trend. It reflects China's shift toward diverse, sophisticated, and emotionally driven consumption – pushing service upgrades and opening space for innovation and foreign brands.
A total of 18 Chinese localities have announced GDP growth rates that exceeded the national level of 5 percent in 2025, the Securities Times newspaper reported on Thursday, citing recent announcements by local governments.
China's cumulative installed capacity of wind and photovoltaic (PV) power has for the first time exceeded 1.8 billion kilowatts, according to the latest data released by the National Energy Administration (NEA), underscoring the rapid growth of the country's related green ...
China has unveiled a national work plan to cultivate new growth drivers in services consumption, and on Thursday it also launched the 2026 National Spring Festival culture and tourism consumption month, moves that analysts said are expected to better anchor ...
China has entered the period of local two sessions in recent days, during which multiple localities have intensively outlined key priorities for the construction of the China-proposed Belt and Road Initiative (BRI) in 2026, with tasks including strengthening cooperation on ...
The UK-based multinational, science-led biopharmaceutical company AstraZeneca on Thursday announced $15 billion investment in China through 2030 to expand medicines manufacturing and research and development, the Global Times learned from a press release that the company shared with the Global ...
China's Ministry of Industry and Information Technology (MIIT) convened a symposium with photovoltaic (PV) industry entrepreneurs on Wednesday, listening to opinions and suggestions from key enterprises and industry association on efforts to combat “involution,” and deployed measures to advance governance ...
A spokesperson of China's Ministry of Commerce (MOFCOM) said on Thursday that Finnish Prime Minister Petteri Orpo's recent visit to China was successful and the two sides achieved a series of pragmatic outcomes in economic and trade cooperation.
In response to media inquiry regarding TikTok's recent official announcement of the formation of a US joint venture and the localization of its algorithm, whether the Chinese side will allow TikTok's parent company, ByteDance, to grant an algorithm localization license ...
When asked how China views the just-concluded visit to China by Finnish Prime Minister Petteri Orpo, Foreign Ministry spokesperson Guo Jiakun told a press conference on Thursday that China and Finland have long enjoyed friendly relations marked by mutual respect ...
“We have responded to the issue on multiple occasions and advised directing specific questions to the relevant Chinese authorities,” Chinese Foreign Ministry spokesperson Guo Jiakun said on Thursday, when asked to verify reports that China has approved the import of ...
China is willing to work with the US side to jointly uphold and implement the important consensus of the two heads of state, make good use of the China-US economic and trade consultation mechanism, manage differences, advance cooperation, and promote ...
The US administration is once again ramping up its rhetorical pressure on Canada, with US Treasury Secretary Scott Bessent issuing a fresh warning to Prime Minister Mark Carney over looming trade negotiations. A Chinese expert said the increasingly explicit threats ...
At US tech company Tesla's earnings call on Wednesday, local time, regarding competition in humanoid robots, CEO Elon Musk acknowledges that “China is good at scaling and manufacturing, and is also strong in artificial intelligence,” while claiming that he believes ...
US officials have commented on the recently signed trade deal between EU and India, dubbed the "Mother of all deals," with US Treasury Secretary Scott Bessent expressing his disappointment on the Europeans, and US Trade Representative Jamieson Greer saying that ...
The volume of cross-regional passenger trips during China's 2026 Spring Festival travel season is expected to reach 9.5 billion, setting a new record, Li Chunlin, deputy head of the National Development and Reform Commission said on Thursday at a press ...
Business activity and foreign investment in Hainan Free Trade Port (FTP), South China's Hainan Province picked up in 2025, with actual use of foreign capital reaching 25.1 billion yuan ($3.61 billion), a year-on-year increase of 19.9 percent, according to a ...
The rising investment data, the launch of key projects, and strengthened corporate confidence outline a clear trajectory of German businesses ramping up their investment in China. This trend underscores the profound resilience of bilateral economic ties.
Data released on Wednesday by the China Federation of Logistics & Purchasing (CFLP) indicates that China's cold-chain logistics sector continued to expand in 2025, supported by the steady release of consumer demand, according to CCTV News. Both market scale and ...
Multiple British businesses on Wednesday expressed optimism about the long-term prospects of China's economy and vowed to continue to invest in the Chinese market, with a group of senior executives from more than 50 major British firms and representatives of ...
British companies see strong prospects for future activity with the China market, highlighting a score of cooperation sectors where businesses from two sides are highly complementary, Tom Simpson, managing director of China Operations and China chief representative of the China-Britain ...
Chinese mainland remained ASML's biggest market in the fourth quarter of 2025, accounting for 36% of the company's net system sales, ASML's Chief Financial Officer Roger Dassen said in a call with reporters, reported Bloomberg on Wednesday, while the Chinese ...
A celebration activity for the 20th anniversary of the China-US Commercial Match-Making Program (CMP) will be held next month, as part of the efforts of CCPIT bridging the business and industrial exchanges between China and the US, a spokesperson for ...
In another move that was viewed by analysts as reducing overreliance on US and seeking diversification of foreign relations, Canadian Prime Minister of Canada Mark Carney on Tuesday (local time) denied US Treasury Secretary Scott Bessent's claim that he has ...
China is willing to reiterate that the lease of Darwin Port by the Chinese company was obtained through market-based means and that the company's legitimate rights and interests should be fully protected, Foreign Ministry spokesperson Guo Jiakun said on Wednesday, ...
Since the beginning of 2026, Chinese mainland companies' enthusiasm for listing on the Hong Kong stock market has kept growing, with multiple firms on Wednesday obtaining approval from the China Securities Regulatory Commission (CSRC) for IPOs there.
Multiple Chinese jewelry companies have raised prices drastically for their gold jewelry, domestic media outlets reported on Wednesday, as spot gold prices across global markets surpassed the $5,200 per once benchmark, hitting a record high.
Peaceful reunification would create enormous opportunities for Taiwan's socioeconomic development, and with the strong backing of the motherland, every aspect of Taiwan region including infrastructure construction would improve significantly, Zhang Han, a spokesperson for the State Council Taiwan Affairs Office, ...
The total assets of China's centrally administered state-owned enterprises (SOEs) exceeded 95 trillion yuan ($13.66 trillion) in 2025, and their total profits reached 2.5 trillion yuan, data from the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council ...
China's national immigration authorities processed 697 million cross-border trips in 2025, up 14.2 percent year on year, a record high, according to the National Immigration Administration (NIA) on Wednesday.
The China-UK bilateral economic and trade relationship is regaining momentum in a realistic and constructive way, with strong cooperation opportunities lying in sectors such as high technology, life sciences, clean energy, advanced manufacturing, financial services, and education, Jack Perry Junior, ...
Profits of China's major industrial firms returned to growth in 2025, snapping a three-year streak of declines, with emerging sectors such as equipment manufacturing and high-tech manufacturing serving as major growth drivers.
China will move to advance the high-level development of its three international technological innovation centers in 2026, alongside stronger efforts to boost original innovation and achieve breakthroughs in key core technologies, according to a national science and technology conference held ...
China's two major frontier regions - Xizang and Xinjiang - both delivered steady and improving economic performance in 2025, with Xizang standing out as growth rates in eight key indicators ranked first nationwide, while Xinjiang also reported solid expansion in ...
Northwest China's Xinjiang Uygur Autonomous Region set a target of roughly 10 percent growth in total foreign trade for 2026 in its government work report, the information office of the autonomous region said on Tuesday on its official WeChat account.
Li Hongyu, the 25-year-old Beijing white-collar worker, kicked off her Monday night routine with a cozy crochet session. Her nimble fingers moved swiftly between the hook and yarn, weaving one stitch at a time. In just a short while, an ...
An international cruise ship, the MSC Bellissima, arrived in China on Tuesday, calling at Shanghai's Wusongkou International Cruise Terminal as its first Chinese port call after a four-month hiatus, chinanews.com reported.
On Tuesday, the first shipments of import and export goods utilizing the new customs supervision model for sea-rail and water-water multimodal transport underwent customs procedures at ports and logistics hubs in Shanghai, East China's Jiangsu Province, and other regions, according ...
German companies' investment in China reached a four-year high from January to November 2025, according to data compiled by Reuters, as Chinese experts said rising US protectionism and mounting geopolitical pressures have eroded German and European investors' confidence in the ...
Chinese large-language model (LLM) start-ups including DeepSeek and Moonshot AI have rapidly open-sourced their latest models focused on visual understanding and multimodal capabilities, marking fresh momentum in the industry's push to expand the open-source ecosystem and accelerate practical adoption.
China will roll out a set of policy measures to address the impact of artificial intelligence (AI) on employment as rapid technological adoption has reshaped the country's labor market, the Xinhua News Agency reported on Tuesday.
The British prime minister's visit to China will be strongly welcomed by the United Kingdom (UK) business community and is widely seen as an important signal that China-UK relations are entering a new stage, John N M Mclean OBE, chair ...
The China Council for the Promotion of International Trade (CCPIT) held an annual work conference in Beijing on Tuesday, where it reviewed achievements in 2025 and outlined key tasks for 2026.
A good number of foreign companies have expanded their footprint in China since the beginning of 2026, betting on greater opportunities in the huge market as the world's second largest economy provides certainty of high-quality development, supportive policies to use ...
In response to a media inquiry regarding the Cuban government recently condemning the illegal US blockade on Cuba's oil supply, which has severely impacted the Cuban economy and the daily lives of its people, constituting what international law describes as ...
China's Ministry of Commerce (MOFCOM) will sign a document on trade and investment cooperation with the UK, aiming to create new growth points for China-UK economic and trade cooperation, a MOFCOM spokesperson said on Tuesday, in responding to economic and ...
When asked by a foreign media reporter for comments regarding the Canadian government's approval for the financially troubled theme park Marineland to sell 30 whales to parks in the US — while the Canadian government had previously rejected a request ...
The economic output in the Nanshan district of Shenzhen, South China's Guangdong Province, reached the one-trillion-yuan ($143.7 billion) threshold in 2025, averaging an annual growth of over 5.8 percent during the past five years, a city government official said on ...
In 2025, China's major industrial enterprises achieved profit growth, reversing the downward spiral from 2022 to 2024, with new growth sectors such as equipment and high-tech manufacturing playing an increasingly prominent role, an official from the National Bureau of Statistics ...
US President Donald Trump said on Monday (local time) that tariffs on some South Korean imports would rise from 15 percent to 25 percent, citing a "delay" in South Korea's legislature approving a trade deal reached with the US last ...
Data from aviation industry information provider Umetrip sent to the Global Times on Tuesday showed that, as of Monday, approximately 45 percent of scheduled flights from Chinese mainland to Japan in February 2026 are now canceled.
The University of Chinese Academy of Sciences (UCAS) in Beijing established a School of Space Exploration on Tuesday, People's Daily reported.
China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is pushing forward with integration, with its combined economic output expected to surpass 15 trillion yuan (about 2.15 trillion U.S. dollars) in 2025, according to the annual session of the Guangdong Provincial People's ...
Finnish Prime Minister Petteri Orpo commenced what he described as "interesting days ahead" in Beijing on Monday, with the itinerary featuring both in-depth engagement between Chinese and Finnish business representatives and officials, as well as a visit to the Palace ...
China's National Press and Publication Administration (NPPA) has approved two titles from the Angry Birds franchise as imported internet games, clearing the way for the return of a game once immensely popular in China around 2010.
The number of companies in Hong Kong with parent companies based in either the Chinese mainland or overseas rose 11 percent year-on-year to 11,070 in 2025, while the number of start-ups in Hong Kong increased to 5,221, both reaching record ...
Yiwu, the renowned small commodities hub in East China's Zhejiang Province, is aiming for a strong start to 2026, offering a revealing glimpse into China's evolving consumer landscape - particularly in the lead-up to the Spring Festival. As one of ...
Chinese robotics firm Unitree Robotics announced on Monday that it has become a robot cooperation partner for China Media Group's (CMG) Spring Festival Gala for the Year of the Horse, marking its third collaboration with the gala, following a robot ...
In China, the family is not regarded as an isolated private sphere. It is widely understood as the social foundation upon which national stability, cohesion and long-term development are built.
Data from Lhasa Customs showed that the total value of goods trade of Xizang reached 8.479 billion yuan ($1.22 billion) in 2025, fulfilling the foreign trade scale target of 6 billion yuan set under the 14th Five-Year Plan (2021-25) period. ...
The European Commission on Monday opened a new formal investigation into X under the Digital Services Act, and broadened an ongoing probe that began in December 2023 to scrutinize the platform's compliance with EU rules governing recommender-system risk management.
China's Ministry of Commerce (MOFCOM) and Finland's Ministry of Economic Affairs and Employment jointly hosted 6th China-Finland Committee for Innovative Business Cooperation Meeting in Beijing on Monday. Finnish Prime Minister Petteri Orpo and Chinese Commerce Minister Wang Wentao attended the ...
The Hong Kong Special Administrative Region (HKSAR) will establish a central clearing system for gold to provide efficient and reliable clearing services for gold transactions, in compliance with international standards, said HKSAR Chief Executive John Lee Ka-chiu on Monday.
China's foreign investment authorities has vowed to continue expanding market access and widening opening-up, with a stronger focus on services sector cooperation with overseas investors in the new year.
The Hong Kong Special Administrative Region (SAR) government announced Monday that both the number of Hong Kong-based companies with Chinese mainland or overseas parent companies and the number of start-ups in the city hit new record highs in 2025.
On Monday afternoon, Air China, China Eastern Airlines and China Southern Airlines issued notices, stating that for tickets issued before January 26, with flight departure dates between March 29 (inclusive) and October 24, 2026 (inclusive), Japan inbound, outbound, or transit ...
China is willing to work with the US to make good use of the China-US economic and trade consultation mechanism,manage differences, advance cooperation and maintain the stable, sound, and sustainable development of bilateral economic and trade relations, an official with ...
China advocates that countries should handle relations with one another based on win-win cooperation rather than a zero-sum mindset, and through cooperation rather than confrontation, Guo Jiakun, spokesperson for China's Ministry of Foreign Affairs said on Monday when asked to ...
When answering a query that John Moolenaar, chairman of the US House Select Committee on China, claimed his trip to Panama and other Central American countries was aimed to counter China's “coercion, pressure and interference” in the region, counter China's ...
A sample survey on Chinese mainlanders' travel habits has found that they made a total of 6.522 billion trips in 2025, an increase of 907 million trips compared with the same period of the previous year, representing a year-on-year growth ...
The number of overseas tourists applying for tax refunds upon departure increased by 305 percent year-on-year in 2025, China Media Group reported on Monday, citing data from State Taxation Administration (STA).
The high-end material polyolefin elastomer (POE), known as “industrial gold,” has achieved large-scale production using the gas-phase method at Dushanzi Petrochemical in Xinjiang under the China National Petroleum Corporation (CNPC), China Media Group reported on Monday, noting the breakthrough has ...
Nvidia founder and CEO Jensen Huang arrived in Beijing on Sunday and remained in the capital on January 26, marking the Beijing leg of his 2026 visit to China, according to media reports. Chinese experts said Huang's visit is aimed ...
A good number of provincial level governments in China have recently released their economic growth targets for 2026, with a strong focus on expanding research and development and increasing investment on innovation to drive growth.
US Treasury Secretary Scott Bessent on Sunday lashed out at Canada's trade engagement with China, warning that Ottawa could face 100 percent tariffs, while claiming that Beijing could also be hit with additional penalties. A Chinese expert said the remarks ...
Chinese commercial rocket company CAS Space has completed its IPO tutoring process, according to the China Securities Regulatory Commission's public IPO tutoring disclosure system, the Securities Times reported, as observers noted that more Chinese private space firms are accelerating their ...