The Chinese economy may post a faster-than-5-percent growth rate for the first half of the year, exceeding a preset annual target, according to predictions made by a number of Chinese economists on Monday. A growth rate in the range of 5.1-5.4 percent was predicted for the second quarter.
China's central bank said on Monday that it will carry out temporary bond repurchase agreements or reverse repos starting from Monday, a move analysts said will diversify China's monetary policy toolkit to ensure stable financial market operations, while signaling the improvement of a market-based system for interest rate regulation.
The US appears to be increasing its intervention in African countries to restrict the operations of Chinese mining companies, highlighting the need for China to secure a stable supply chain ...
In an effort to stabilize bilateral ties, China has shown good faith and made constructive efforts to help address the US' fentanyl issue, promoting cooperation in this area between the ...
Chinese trendy toys have become a sensation in countries in Southeast Asia. Recently, a toy named LABUBU, an intellectual property (IP) created by Chinese cultural and creative company POP MART, with pointed ears and serrated teeth, has become a top ...
Several oil companies have denied using tanker trucks to transport both food and chemical liquids, leading netizens to express concern over food safety on social media platforms, with some worried about potential poisoning.
While major cities remain popular, exploring small towns via high-speed rail is becoming a popular option. Visa-free policies also mean that more foreign tourists are visiting China this summer.
A spokesperson for the Ministry of Commerce (MOFCOM) on Monday rejected remarks from the EU Ambassador to China on the anti-subsidy investigation into Chinese electric vehicles (EVs).
A farmer stirs chili sauce being sun-dried in the city of Loudi, Central China's Hunan Province, on July 8, 2024. With the onset of high temperatures, producers and farmers have begun sun-drying chili sauce, made from locally grown Red Lantern ...
The artificial intelligence (AI) boom has led to significant increases in both job opportunities and compensation, as demand for tech talent remains high in China. According to a new industry report, wages for AI-skilled workers have been trending upward, with ...
China-Bangladesh economic and trade relations are highly complementary, and China's advanced technologies and vast experience across many industries can greatly assist Bangladesh in its journey toward industrial modernization and development, Al Mamun Mridha, secretary general of the Bangladesh China Chamber ...
Airbus on Monday delivered its 700th A320 Family aircraft assembled at its Final Assembly Line (FALA) in North China's Tianjin municipality, highlighting the importance of the Chinese aviation supply chain in terms of the global market.
China's National Bureau of Statistics (NBS) announced on Monday new plans to develop an electronic statistical ledger system for businesses, and relax legal restrictions on interdepartmental data sharing as part of its continuous effort to enhance the quality of statistical ...
The city of Ya'an, Southwest China's Sichuan Province has risen to second position in the global caviar production market, CCTV reported on Sunday. Caviar is originally sourced from Russia and Iran.
Paul Chan Mo-po, Financial Secretary of the Hong Kong Special Administrative Region, said on Sunday that Hong Kong's asset and wealth management business showed strong resilience in 2023 despite global challenges, and refuted worries about the city's international capital exodus. ...
The Indian government is considering granting visas to Chinese workers for some strategic sectors to address the skill gap, boost domestic manufacturing, and drive technological advancement, VOA Chinese reported on Saturday.
China's pre-owned secondary homes market showed positive signs of recovery in June, as their sales in some major cities rose to a 14-month high, thanks to the government's ramped-up policy support to reactivate the real estate market. The average home ...
India's reported plan to ease visa norms for Chinese technicians has sent a positive but rare message amid soured bilateral ties under Prime Minister Narendra Modi's government since the two countries' border clash. The move reflects the fact that for ...
With the holiday rush approaching, China's inbound and outbound travel continues to boom this summer, featuring culture, sport events and coolness.
Indonesia's plan to impose tariffs of up to 200 percent on Chinese-made product has sparked certain concerns but may not have a substantial impact on bilateral trade ties, a Chinese expert said on Sunday, adding that optimism remains on the ...
Mexico-China economic and trade cooperation has been broadening from infrastructure projects and traditional industries to burgeoning new-energy sectors, representing a win-win scenario for bilateral relations, former Mexican ambassador to China José Luis Bernal told the Global Times in an exclusive ...
China's major auto industry association has slammed the EU's disregard of facts during its so-called investigation into Chinese electric vehicles (EVs) and its subsequent decision to slap additional tariffs on Chinese EVs, warning the EU against politicization of trade issues ...
Despite an increasingly complex global trade landscape, China and Mexico have actively promoted pragmatic economic and trade cooperation across various sectors in recent years. During the Eighth Global Think Tank Summit, hosted by the China Center for International Economic Exchanges, ...
"I am so surprised to see a greater diversity of exhibitors compared to that of last year, with both well-established internet giants and emerging artificial intelligence (AI) startups having a strong presence," an AI entrepreneur surnamed Hua told the Global ...
China's Commerce Ministry said on Friday that it will hold a hearing on July 18 into the anti-dumping investigation linked to brandy imported from the EU to ensure fairness and transparency of the probe. Chinese observers said this shows China's ...
China will make forward-looking arrangements for future industries including humanoid robots and brain-computer interface, while trying to make breakthroughs in key technologies, China's Minister of Industry and Information Technology Jin Zhuanglong said on Friday.
China is tightening up efforts to comprehensively prevent and stem financial fraud in the capital market to ensure its high-quality development, according to a government circular on Friday.
Chinese automobile companies and industry associations are taking active actions against the EU's provisional tariffs on Chinese electric vehicles (EVs). SAIC Motor Corp said on Friday that it demands that the European Commission (EC) hold a hearing on the tariffs, ...
Chinese AI companies are showcasing their latest upgrades on large models, challenging ChatGPT-4 at the World Artificial Intelligence Conference (WAIC) in Shanghai in response to US firm OpenAI's recent decision to suspend services to Chinese developers.
A reported move by the People's Bank of China (PBC) to enter into borrowing agreements with commercial banks has indicated policymakers' willingness to expand toolkit to maintain bond market stability, Chinese analysts said on Friday.
On June 25, the drone patrol staff of Henan Power Transmission and Transformation Construction Co, Ltd pressed a button, launching a drone that slowly rose into the air to commence autonomous patrols of the ultra-high voltage Qingyu Line. The Qingyu ...
Following EU's latest move to impose provisional tariffs on imported Chinese electric vehicles (EVs), Chinese automaker SAIC Motor Corp said on Friday it will formally demand the European Commission (EC) hold a hearing on the tariffs as the company seeks ...
Chinese President Xi Jinping has just wrapped up his state visit to Tajikistan. Tajikistan is one of the earliest countries joining the China-proposed Belt and Road Initiative (BRI), and last year, China and Tajikistan jointly announced the building of a ...
Several European leaders and businesses have expressed opposition to the move by the European Commission (EC) to impose extra duties on Chinese-made electric vehicles (EVs), saying such a protectionist move will harm both the European auto industry and consumers, as ...
Transaction volumes of foreigners using overseas wallet apps to pay for goods and services in China have grown more than sevenfold, the People's Daily reported on Thursday, citing data from Chinese online payment clearing house NetsUnion Clearing Corporation.
Chinese-manufactured humanoid robots are fast catching up with global rivals, company representatives at an industry expo told the Global Times on Thursday. The mastery of core technologies and China's complete industrial chain advantages may mean countries like the US may ...
Despite the potential trade barriers and uncertainty caused by the EU's tariffs on foreign electric vehicle (EV) makers in China, including Tesla, China's advantages in terms of both market and manufacturing capacity will continue to position it as a crucial ...
Germany's economy ministry will look "very closely" into a deal to supply Chinese-made wind turbines for an offshore project in Germany's North Sea, Reuters reported on Wednesday. If the report is true, does it mean EU countries will enhance their ...
The Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) have substantially completed a new round of revision consultations on the Closer Economic Partnership Arrangement (CEPA), and that more opening-up measures are expected to be adopted, said China's Ministry ...
Chinese Premier Li Qiang on Thursday said the development of artificial intelligence (AI) urgently requires in-depth discussions and consensus building among countries, as well as collaborative efforts to seize opportunities and overcome challenges.
Walking in downtown Dushanbe, capital of Tajikistan, one can easily see a steady stream of Chinese new-energy vehicles (NEV) including models from BYD, Geely and BAIC Group motoring smoothly along the city's bustling streets. It is no surprise then, that ...
China on Thursday urged the EU to show sincerity and advance consultations over tariffs on Chinese electric vehicles (EVs) so as to reach a solution acceptable to both sides as soon as possible, and reiterated its opposition to the EU's ...
Multiple Chinese online travel platforms witnessed growing searches on Azerbaijan related tourism products, as the Caucasus country announced on Wednesday to implement one-year unilateral visa-free policy for Chinese citizens.
Amid the 24th Meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) in Astana, Kazakhstan, the Global Times reporters Li Xuanmin and Xing Xiaojing (GT) conducted an interview with Ji Shumin (Ji), Chinese Ambassador to ...
China's first domestically-developed 15 MW heavy-duty gas turbine - "G15" rolled off the assembly line on Thursday, marking a significant milestone in gas turbine manufacturing, which will expand China's homegrown gas turbine line-up and optimize the country's energy structure.
Angola is seeking to strengthen cooperation with Chinese telecommunications companies, aiming to utilize Chinese equipment and services to enhance the country's internet infrastructure and accelerate digitalization, the Global Times learned from the Angolan Embassy in Beijing.
Automated robotic arms are operating seamlessly to execute sophisticated tasks at the assembly lines, while manufacturing components are accurately delivered by other robots – this has become the routine scene seen daily at one of China's leading electric vehicle makers ...
Despite the US' and the EU's mounting pressure on Chinese new-energy vehicles (NEVs), China has adhere to the opening-up policy, lately by including Tesla cars in Jiangsu provincial government's procurement list for the first time, a development that is confirmed ...
Amid the 24th Meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) in Astana, Kazakhstan, the Global Times reporters Li Xuanmin and Xing Xiaojing (GT) interviewed Aliya Mussabekova (Mussabekova), chief expert at the Asian Studies ...
The future of air cargo business is tethered to the Chinese mainland as the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in South China has been regarded as a key growth region in the coming years, and the GBA's growing wealth ...
The EU could trim the provisional tariffs on imports of Chinese electric vehicles (EVs) scheduled to take effect from Thursday but the margin of the cut will be very small if there is any. However, there is still a big ...
Heads of state from China and Kazakhstan on Wednesday jointly attended an opening ceremony of the Trans-Caspian international transportation route via video link, China Media Group reported on Wednesday.
Crude oil and natural gas projects between China and Kazakhstan in the past decade have played a significant role in safeguarding China's energy security and elevating the economic development of Kazakhstan as well as the Central Asian region, high-level executives ...
Chinese inventors have filed the highest number of patents related to generative artificial intelligence (AI) over the past decade, surpassing the US, South Korea, Japan and India by a significant margin, a report released by the World Intellectual Property Organization ...
US seaports have urged the Biden administration to rethink a proposed 25 percent duty on Chinese-made gantry cranes, Bloomberg reported on Monday. This scene is quite ironic: Washington is putting a gun to China's gantry cranes, ready to pull the ...
China's AI progress through independent innovation and international cooperation not only continuously overcomes US technological barriers but also has a positive impact on a global scale.
On the vast Eurasian continent, regional countries have a long history of people-to-people exchanges, similar development goals and close ties of destiny. During the 24th Meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) held ...
A city in Central China's Hunan Province has experienced particularly heavy rainfall, causing severe flooding. Two local food companies told the Global Times on Wednesday they have temporarily closed, but the losses are manageable and they will resume operations soon.
The European Commission's (EC) plan to impose tariffs on China-made electric vehicles (EVs) has triggered much opposition from the industry and experts, with Germany's VDA auto association on Wednesday urging the bloc to drop its planned tariffs on Chinese EVs.
The US Department of Commerce (USDC) published an addition to the US Entity List on Tuesday, with more companies being added to the list, including two Chinese companies and another four companies from South Africa, the United Arab Emirates and ...
US politicians are advocating for steep tariffs, echoing the protectionist Fordney-McCumber Tariff of 1922. Despite potential international retaliation, risks to global economic rules and a shift from post-World War II principles, US politicians have promised to increase trade barriers against ...
McDonald's China, together with its four major suppliers announced the launch of an industrial park in Xiaogan city, Central China's Hubei Province on Wednesday, highlighting the importance of Chinese market in terms of supply chain for food business.
The Canadian government should refrain from stirring up trade tensions with China over electric vehicles (EVs), Chinese analysts said, as Ottawa released a document on Tuesday as part of its formal consultations which might lead to the imposition of tariffs ...
Global auditing firm PricewaterhouseCoopers (PwC) has appointed Li Dan, also known as Daniel Li, as the new chairman for the Asia Pacific and China area, the official website of PwC said.
There are currently some pessimistic and skeptical views surrounding China's consumption, suggesting that general consumers have concerns about their spending, and efforts to boost domestic demand may not have the desired effect. However, these claims are not accurate.
Germany-based Boehringer Ingelheim, one of the world's largest pharmaceutical companies, will use a recently established partnership to further expand operations in the Chinese market, the head of the company said in Shanghai on Tuesday, showing confidence in the Chinese market.
The 2024 China Association for Science and Technology (CAST) Summer Camp for Young Science and Technology Volunteers kicked off on Monday in Beijing. The camp, first of its kind, aims to foster scientific and cultural exchanges among young Chinese professionals ...
French carmaker Renault Group said on Monday that its electric vehicle (EV) subsidiary Ampere will work with Chinese battery manufacturer Contemporary Amperex Technology Co (CATL) and South Korea's LG Energy Solution to adopt cheaper and more advanced manufacturing technologies for ...
Regardless of the outcome of the US election, the stance of Chinese soybean importers toward the US' trade war with China has always been clear and firm. If the new administration of the US chooses to continue or escalate the ...
China and Switzerland have inked a memorandum of understanding (MOU) and agreed to formally launch negotiations to upgrade the bilateral free trade agreement (FTA), the Chinese Ministry of Commerce (MOFCOM) announced on Tuesday. This marks another major step in further ...
Regional development has been a priority under the Shanghai Cooperation Organisation (SCO) framework and the China-proposed Belt and Road Initiative (BRI). Central Asia has been transforming from a "landlocked" region to a transportation hub in Eurasia, witnessing great improvement in ...
European manufacturers of hydrogen equipment have urged the EU to step in to help the industry compete with "cheaper Chinese producers," Reuters reported, citing a letter seen by its reporters. We hope the EU can restrain the rise of trade ...
Chinese airlines are ramping efforts to launch more international routes for the summer travel season, with flights to Europe becoming a rising source of traffic. Industry data showed that Chinese airlines have taken a majority of the market share in ...
Sales of China's new-energy vehicles (NEVs) in June as well as the first half of 2024 continued to extend their strong momentum, with major domestic manufacturers reporting a significant growth in yearly increase, according to data newly released by multiple ...
Four Chinese government departments including the Ministry of Industry and Information Technology (MIIT) and the National Development and Reform Commission have unveiled a guideline to accelerate the standardized system construction of the artificial intelligent (AI) industry, the MIIT said on ...
China and Kazakhstan are good neighbors, as the two countries have formed close partnership relations and people-to-people friendship. During a visit to Kazakhstan, the Global Times reporter witnessed the growing enthusiasm of local people for Chinese culture.
As the world closely watches the EU's additional tariff move on Chinese electric vehicles (EVs), another "arrow of trade protectionism" shot by the EU toward China continues to unleash its destructive power.
American Express said it is bullish on the Chinese financial market, noting that the country's opening-up has been a trigger for the company to consider more investment in China.
The People's Bank of China (PBC), the central bank, announced on Monday that in order to maintain the stable operation of the bond market, based on a careful observation and evaluation of the current market situation, it has decided to ...
The Chief Executive of the Hong Kong Monetary Authority (HKMA), Eddie Yue, recently highlighted progress in financial cooperation between the Hong Kong Special Administrative Region and the Chinese mainland, emphasizing closer collaboration between the two markets as Hong Kong launched ...
China's manufacturing sector saw the fastest-growth in activity in three years in June, thanks to strong production and stabilizing employment, according to a private survey released on Monday, adding to growing indicators of steady recovery in the world's second-largest economy.
Chinese Vice Premier He Lifeng presided over a symposium on foreign investment in Beijing on Monday to gain a comprehensive understanding of the current situation in attracting foreign investment and to boost its introduction and utilization.
As India has a large demand for steel products, given the fast-developments in infrastructure and other fields, the potential imposition of tariffs on Chinese steel products is unfavorable to India's overall economic development, analysts said.
While US chip bans on China have posed a challenge to the latter's cooperation with South Korea, it doesn't necessarily indicate a lack of hope for bilateral collaboration in key technology areas.
China's agricultural cooperation with Central Asia, which is considered to be a core region of the Shanghai Cooperation Organization (SCO), has been moving forward steadily with greater breadth and depth in recent years, according to Chinese agricultural experts and representatives ...
The excessive demands made by US golf cart producers to impose 100% tariffs on Chinese-made golf carts highlight a troubling reality: The US, initiating a harmful trend of tariffs and protectionism worldwide, is now heavily reliant on these lose-lose tactics. ...
China's property market displayed signs of improvement in terms of sales revenues of the top 100 real estate developers, an industry report showed on Monday.
Ahead of the highly anticipated visits, Global Times reporters (GT) interviewed Zhang Xiao (Zhang), Chinese Ambassador to Kazakhstan. Zhang said that since its founding 23 years ago, the SCO has significantly contributed to regional security, stability, and prosperity. At the ...
China's development of artificial intelligence (AI) has made strides since early 2023, as the revolutionary technology is increasingly being used in nearly all industrial and service segments now, though not at full-fledged magnitude yet.
US tech-giant Microsoft reportedly said on Monday that it plans to integrate channels in the Chinese mainland to meet dynamic client demand, in response to claims on social media that the company is closing all authorized offline stores in the ...
China's railway transportation is expected to handle 860 million passenger trips during the summertime holidays, with daily average of 13.87 million passenger trips, China State Railway Group (China Railway) said on Monday.
The world's largest 270,000-cubic-meter liquefied natural gas (LNG) tank group was completed on Sunday in the Green Energy Port of Yancheng city, East China's Jiangsu Province. It marks a significant step in the city's green transition push.
US e-commerce giant Amazon said it has suspended its Kindle e-book service in the Chinese mainland market from Sunday, following the company's decision last year that it would shutter its Kindle e-bookstore in China.
From June 25th to 27th, the 15th Annual Meeting of the New Champions, also known as the Summer Davos, was held in Dalian, Northeast China's Liaoning Province. Chinese Premier Li Qiang attended the opening ceremony and delivered a speech.
China's private Caixin manufacturing purchasing managers' Index (PMI) rose to 51.8 in June, up 0.1 points from the previous month, marking the eighth consecutive month in expansion territory and a new high since June 2021, Caixin data said on Monday.
As Hong Kong celebrates the 27th anniversary of its return to the motherland, experts and industry insiders said on Sunday the city's hub status will gain further influence with the backing of the Chinese mainland and the coming into effect ...
Euro 2024, to some extent, offers a window to observe the resilience of economic cooperation between China and the EU. We hope EU politicians can listen to rational voices, abandon zero-sum mentality, and push bilateral EV-related cooperation back on track. ...
China's unilateral visa-free policy for citizens from Australia, New Zealand and Poland will take effect from Monday, allowing visa-free entry for up to 15 days for business, tourism, visiting relatives and friends or transit.
China's amended Company Law comes into effect on July 1. Analysts said its implementation will bring about extensive enterprise reforms, enhance the operational safety of market entities, and promote the healthy development of China's capital market amid the economic transformation.
China's State Council, the cabinet, unveiled a set of regulations on Saturday on rare-earth administration, stipulating that the country will pay equal attention to resource protection, development and utilization of rare earths, following the principle of overall planning, ensuring security, ...
The negotiation on EV tariffs between China and the EU will not be easy, but this is the best way to prevent tensions caused by the EU's unreasonable tariff plan on Chinese EVs from escalating.
The key priorities before the policymakers will most likely go to advancing homegrown technology innovation and fostering new quality productive forces, as well as reforming the country's policies governing population, education, medical care, real estate, local government debt, rural vitalization ...
China-proposed Belt and Road Initiative (BRI) builds roads, provides electricity, and creates much-needed jobs for Nigeria, the country's Foreign Minister Yusuf Maitama Tuggar said in a recent exclusive interview with the Global Times during the Summer Davos in Dalian, Northeast ...
The 24th meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) will take place in Astana, Kazakhstan in early July. Ahead of the SCO summit, Global Times reporters Li Xuanmin and Xing Xiaojing (GT) conducted ...