Real estate property giant China Evergrande Group has set up a risk management committee headed by Chairman Xu Jiayin, with the company teetering on the brink of default again and the share price plunging.

China's tech giant Alibaba will reorganize its domestic and international e-commerce businesses and name a new CFO, an internal letter released by the company's CEO Zhang Yong said on Monday, amid a slowdown in its earnings and a decline in ...

A total of 18,670 accounts were shut down on Monday by Sina Weibo, China's Twitter-like social media platform, for vicious marketing activities including selling data to online shops. Weibo has forbidden its online accounts from selling information to crack down ...

China on Monday unveiled a new state-owned logistics group that aims to be a global supply chain organizer, as the country moves to bolster supply chain security and stability amid disruptions and uncertainties during the COVID-19 pandemic.

Chinese companies are ramping up efforts on raw material processing and export cooperation with local business partners in Indonesia, a major global supplier of nonferrous metals, including nickel and aluminum, in a bid to help Indonesia achieve industry upgrading, while ...

A senior executive of Huawei has said that the company's self-developed operating system HarmonyOS is expected to land in Europe in 2022, marking an official global debut of the OS, which has only been promoted in the Chinese market so ...

Alibaba Group announced a “bold” management restructuring that includes reshuffles of the firm's CFO and commerce department heads on Monday, the latest internal adjustment by the e-commerce giant amid Chinese regulators' stricter supervision moves and an increasingly competitive domestic internet ...

China's central bank announced Mon to cut financial insitutions' reserve requirements by 50 basis points, effective from Dec 15.

Share prices of China's coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal prices beginning next year for medium and long-term contracts.

China will begin to build a second round of large wind and photovoltaic (PV) power stations in sandy, rocky and arid parts of the country, requiring provinces to report a list for the second round of large new energy bases ...

China's easternmost high-speed rail, from Mudanjiang to Jiamusi in Northeast China's Heilongjiang Province, officially commenced operations on Monday, according to an announcement released by China Railway Harbin Group Co through its Wechat account.

In 2021, China's total grain production reached 1.37 trillion jin (685 billion kg), hitting a new record high, data from the National Bureau of Statistics (NBS) showed on Monday.

China's grain output set a new record in 2021 with a yearly growth of 2 percent, according to data released by the National Bureau of Statistics on Monday.

Alibaba Cloud should enhance its efforts in localization when setting up businesses in other countries or regions, integrating with and facilitating the growth of local industries. Establishing a win-win cooperation is vital for long-term partnerships worldwide and such malicious assaults ...

China will support leading futures companies to accelerate their development and encourage the listing and financing of qualified firms, to set up a number of derivatives and commodities services companies with strong capital and international competitiveness, Fang Xinghai, Vice Chairman ...

China is set to establish a global rare-earth giant based on the merger of rare-earth assets from several state-owned enterprises, in a move that analysts say will effectively enhance the development and concentration of the domestic rare-earth industry.

Chinese sources and experts on Sunday criticized India for meddling in Chinese companies' energy projects in Sri Lanka, saying that New Delhi's interference poses a serious threat to development and prosperity in South Asian countries such as Sri Lanka.

Some users of the Chinese social media platform Xiaohongshu found out they were frequently targeted with content from teen users, including images with some nudity, according to a report from China's state broadcaster China Central Television (CCTV) on Sunday.

Chinese experts said that while there have been no direct economic countermeasures yet against Lithuania, future countermeasures cannot be ruled out if Lithuania continues on the wrong path. Chinese officials have also said that Lithuania would pay a price for ...

French luxury brand Louis Vuitton and Italian luxury label Gucci are among the latest international brands found to be using differentiated product exchange and return policies toward consumers in the Chinese mainland compared with other markets, sparking fresh backlash from ...

Chinese analysts on Sunday refuted some foreign media reports saying that the Evergrande Group's latest debt warnings and the country's move to rein in the real estate industry will greatly decelerate China's GDP growth, noting that the country is already ...

Lithuania has turned to the EU for help after local media outlets hyped that the Chinese customs had blocked all imports from the Baltic nation amid an escalating diplomatic dispute over the Taiwan question. But if the EU respects the ...

On the night before the official launch of the China-Laos Railway, a landmark project under the Belt and Road Initiative (BRI), La THOR, a 23-year-old born in Laos' Luang Prabang and who has studied for two years at a Shanghai ...

Tesla Shanghai has begun to recall 21,599 domestically made Model Y electric cars with production dates between February 4, 2021 and October 30, 2021, due to unqualified steering knuckles, according to a statement released by China's top market regulator on ...

With 2021 rapidly drawing to an end, China's policymakers are expected to convene an important economic meeting in Beijing in middle December to craft the course of accelerating structural reforms while overcoming a raft of challenges in 2022. Investors worldwide ...

China's first international vaccine innovation center, the Greater Bay Area International Vaccine Innovation Center, was officially inaugurated on Saturday in Shenzhen, Guangdong Province, and will be fully open to the public, amid the sudden emergence of the new Omicron variant.

South China's Hainan Province has listed crypto-currency mining as an eliminated industry and will also implement different electricity pricing mechanism to reduce carbon emissions, according to a document published on Friday by the Development and Reform Commission of Hainan Province.

China's domestic demand and opening-up will be accelerated by the country's dual circulation strategy, experts say, adding that the strategy may propel the common prosperity drive, while attract more foreign investment to China.

The first nuclear heating project in Southeast China was put into operation on Friday, the initial phase of which could provide winter heating for 464,000 square meters of residential property in Haiyan county, East China's Zhejiang Province.

After Canada Goose, French luxury brand Louis Vuitton is found to have also applied a 'double-standard' refund policy, China Central Television (CCTV) reported on Friday, which will deepen Chinese consumers' anger toward international brands' discriminatory return policies.

South China's Guangdong provincial government summoned the heavily indebted China Evergrande Group late Friday, after the Shenzhen-headquartered property developer warned earlier in the day that it may fail to meet its financial obligations.

China on Friday announced a new medicine list for 2022 under its medical insurance system on Friday, with 74 new drugs added to the list. Sixty-seven drugs not included in the list will enjoy negotiated prices, with an average price ...

Can you imagine the total length of tunnels and bridges accounts for 87% of a 1,035-km-long railway? Click to read more about the miracles in China-Laos Railway with high construction difficulty.

The 1,035-kilometer-long China-Laos Railway, a signature project under the China-proposed Belt and Road Initiative, officially went into full operation on Friday, catapulting the landlocked Southeast Asian nation into a Chinese standard-powered modern railway era that honors China's promise of enabling ...

China is expected to resume 737 MAX flights by the end of this year or early next year, and the introduction of new aircraft will be restarted, China's civil aviation regulator said on Friday.

Didi announced Friday it would begin delisting from the New York stock exchange effective immediately, and launch preparatory work for floatation in the Hong Kong market.

Chinese internet giant Tencent on Wednesday announced share awards of over HK$80,000 ($10,266.45) each for 25,700 employees, despite a quarterly decline in earnings amid regulatory changes.

The Cyberspace Administration of China (CAC) has ordered Chinese media review site Douban to immediately rectify and deal with a serious situation after the company repeatedly failed to conduct proper scrutiny over its content.

China's Vice Premier Hu Chunhua said the government will continue to actively respond to the concerns of foreign enterprises and create a market-oriented, regulated and international business environment to support foreign companies to better invest and start operations in China.

China-Africa cooperation has rich opportunities in new era despite of challenges and the two sides should enhance the scope of dialogue and uphold multilateralism to push forward sustainable and high-quality cooperation, scholars said on Thursday at an international conference held ...

If there was still any question about China's solid economic resilience or the US' fragile economic recovery from the COVID-19 pandemic, the two countries' vastly different reactions to the emergence of the Omicron variant should offer an unmistakable answer.

Former Japanese Prime Minister Shinzo Abe, who resigned last year amid a series of challenges and appears poised to reenter Japanese politics, made extremely erroneous remarks on the Taiwan question on Wednesday, suggesting that Japan would intervene if the Chinese ...

Chinese suppliers of anti-coronavirus items including nucleic acid tests, masks and oxygen machines have seen export orders surge 25-200 percent amid new outbreaks in many parts of the world, ignited by growing concerns over Omicron variant.

Qualcomm Inc on Wednesday released a new chip designed for gaming-specific handheld devices offering 5G connectivity, a potential new mobile platform for video gamers offering more flexibility to play streaming games on the go.

General Motors Co and Ford Motor Co are revving up their century old rivalry, this time over which will sell more electric vehicles by 2025.

The chief executive officer of Spain's BBVA said on Monday that the weaker Turkish lira has reduced the price of its deal to buy 50.15 percent of Turkish lender Garanti by more than 400 million euros ($453 million) at current ...

The first China-Russia highway bridge, which spans the Heilongjiang River, is ready for launch, according to media reports, and it is expected to significantly boost bilateral trade, experts said.

Myanmar resumed exporting rare earths to China after the reopening of China-Myanmar border gates in late November, sources told the Global Times, and analysts said that rare-earth prices are likely to ease in China as a result, although price rises ...

Italy's Democratic Party (PD) has pledged to actively involve the coalition government in deciding the future of Telecom Italia (TIM) after the country's biggest phone company lost its fourth chief executive in six years, unions said on Monday.

China and the EU can forge complementarity in infrastructure connectivity, China's Foreign Ministry said on Thursday, arguing against pitting infrastructure initiatives against one another, after the EU's newly unveiled Global Gateway strategy was hyped by some as another response to ...

China's civil aviation regulator released an airworthiness directive on the grounded Boeing 737 MAX on Thursday, showing that the airplane has won support from the agency, a further step for the plane to return to flying in Chinese skies.

The China-Laos Railway, which is set to launch on Friday and connect Kunming city of Yunnan Province and Laos' capital city Vientiane, will adopt entirely Chinese standards, China Railway said, noting that the Friday launch marks a significant moment for ...

China Tobacco, or State Tobacco Monopoly Administration, released Thursday a draft regulation on forming a supervisory framework to manage e-cigarettes, which will go through a period of public opinion solicitation.

Xiji (Shanghai) Trading Co, Canada Goose-related company in China, on Thursday filed an explanation with the Shanghai Consumers Council over its controversial product refund policy in the Chinese mainland, a day after it was summoned, saying all products sold through ...

No brand should have privilege over consumers, the China Consumers Association (CCA) stated on Thursday in response to consumers' complaints over non-refundable policies in Chinese market of Canadian luxury parka maker Canada Goose.

Research team in China's Southeast University recently successfully stored their university motto into DNA, marking a major milestone in information storage sector and had published the result on international journal Science Advances, Xinhua News Agency reported on Wednesday.

China and Russia will expand green and low-carbon cooperation in the fields of trade, investment and energy, as well as science and technology, in order to promote new achievements in mutually beneficial cooperation between the two countries, according to a ...

The trade volume in Hengqin cooperation zone, located in Zhuhai, South China's Guangdong Province and very near Macao, has risen 59.5 percent year-on-year to 24.66 billion yuan in the first 10 months of 2021, official data showed on Wednesday.

Yoshinoya China apologized on Tuesday after a blogger disclosed the Japanese restaurant chain served customers expired food, raising public outcry over food safety concerns posed by the company, which has made China its largest market in the world after 29 ...

The operation of the long-awaited China-Laos railway should be a significant boost not only to Laos' economy by enhancing its tourism and trade with China, but also to the economy of the entire Lancang-Mekong region, which includes Southeast Asian countries ...

Malaysia's state-owned oil and gas giant Petronas vowed that it will continue to ensure safe and reliable energy supply in China with innovative solutions for the “dual carbon” goals.

The European Union (EU) on Wednesday announced plans to unveil the so-called Global Gateway, an infrastructure initiative to mobilize up to 300 billion euro ($341 billion) in public and private funds by 2027 to finance EU infrastructure projects abroad. Ever ...

A China Southern Airlines flight arrived at Sukarno-Hatta International Airport in Indonesia on Tuesday with 4 million doses of COVID-19 vaccines onboard, marking a milestone for the airline as the total number of doses it has transported officially exceeded 100 ...

Starting from Wednesday, Chinese exports to 27 EU members, the UK, Canada, Turkey, Ukraine, and Liechtenstein will no longer enjoy the preferential tariff treatment under the Generalized System of Preferences (GSP), and Chinese Customs will stop issuing GSP certificates of ...

The world's largest gambling hub, the Suncity Group, reportedly closed all of its VIP gaming rooms in Macao on Tuesday, after the company's founder and casino tycoon Alvin Chau Cheok Wa was arrested on illegal gambling charges.

China's private Caixin manufacturing purchasing managers' index (PMI) stood at 49.9 in November, down 0.7 points from the previous month, indicating difficulties at smaller factories, even though domestic output slightly expanded during the month.

China and Russia said that they will continue in-depth cooperation on digital operating systems, including Russia's Aurora and Huawei's HarmonyOS and openEuler, charting a course to break the US monopoly in the sector as the global urgency of developing homegrown ...

Universal Beijing Resort is expected to get 100,000 visitors per day in 2022, surpassing the average of 80,000 for the Shanghai Disney Resort. Another 2.2 square kilometers of attractions and five hotels are planned for the phase II of the ...

China's Vice Foreign Minister Xie Feng urged American companies to further promote Sino-US cooperation and push the US government to stop reckless trade and technology wars and refocus on rational and pragmatic policy toward China, in a video conference with ...

The Shanghai Consumers Council summoned Canadian luxury parka maker Canada Goose for talks on Wednesday over its controversial product return policy in the Chinese mainland, urging the firm to submit an official interpretation of the policy by noon on Thursday.

China and Russia will continue in-depth cooperation on terminal operating systems, including Russia's Aurora and Huawei's Harmony OS and openEuler, and promote exchanges between companies from the two countries, according to a joint communique released on Wednesday.

Canadian luxury parka maker Canada Goose on Wednesday denied reports of a non-refundable policy for its products sold in the Chinese mainland market, which ignited public anger among Chinese consumers, saying that all products sold at Canada Goose's retail stores ...

The Beijing Economic-Technological Development Area, a state-level economic and technological development zone located in Beijing's Daxing district, announced on Wednesday that it would hand out consumption vouchers worth 60 million yuan ($9.43 million) to residents who have received COVID-19 vaccination.

China's two major indexes measuring manufacturing activity of enterprises above a designated size and smaller ones have shown divergence in November, which analysts said offered insights gauging the vitality of different aspects of the world's second-largest economy.

Canadian retailer Canada Goose ignited public anger in China again over its reported policy of no returns for products sold in stores in the Chinese mainland. The topic has been trending on Chinese Twitter-like social media Sina Weibo on Tuesday ...

China Southern Airlines said it will suspend routes from 37 countries to China starting Tuesday, including those via a third country.

China's economy continues to recover, and growth, employment, prices of commodities and balance of payments are generally getting back to normal. It is expected that China's annual economic growth will exceed the expected target, Chinese Vice Premier Liu He told ...

Economic and trade issues should not be politicized. If arbitrary restrictions are imposed on enterprises of other countries based on geopolitical or ideological reasons, this will definitely scare away investors and damage China-UK relations, said Zheng Zeguang, Chinese Ambassador to ...

Some Chinese investors are no longer willing to put up with Ukraine's politicization of commercial projects and have moved to take legal actions, after the country imposed sanctions on Chinese investors, while expropriating their investments over unfounded excuses.

Some Chinese laser industry groups have suspended cooperation and exchanges with their counterparts in Lithuania amid uncertainties and risks posed by COVID-19 pandemic as well as souring diplomatic relations due to Lithuania's provocation over the Taiwan question, and some Chinese ...

China and Laos on Tuesday signed the first inter-governmental agreement on railway cooperation for the soon-to-launch 1,035-kilometer China-Laos railway, creating a framework for cross-border transportation, China's national railway authority said on Tuesday.

US Commerce Secretary Gina Raimondo on Monday urged the House of Representatives to immediately pass the Creating Helpful Incentives to Produce Semiconductors for America Act, or CHIPS Act. Speaking in the US Motor City Detroit, which has borne the brunt ...

The unknowns of the new Omicron variant could exacerbate the US port logjam and push freight costs from China to the US' West Coast to a new high, a veteran industry analyst said on Tuesday, as the emergence of Omicron ...

China plans to make advancements in major technological equipment manufacturing, as the country strives to integrate informationization and industrialization in the 14th Five-Year Plan (2021-25) period, the Ministry of Industry and Information Technology (MIIT) said in an action plan it ...

Chinese internet giants have been eyeing on opportunities and implementing strategic plans to leverage the rapidly expanding blockchain-based digital asset industry focused on non-fungible tokens (NFT).

Chinese Foreign Ministry responded to media reports stating that “protests broke out in the Gwadar port”, Pakistan, last week against the issuance of excessive fishing rights to Chinese trawlers is fake news.

China's state-owned oil giant Sinopec announced on Tuesday that the country's first 10,000-ton-level photovoltaic green hydrogen demonstration project has started construction in Kuqa city, Northwest China's Xinjiang Uygur Autonomous Region, the largest of its kind in the world.

The section from North China's Shanxi Province to Hebei of China's longest coal-bed methane long-distance pipeline has completed its drying process, marking the official completion of the main pipeline, which can supply 200 million cubic meters of natural gas to ...

China has announced new rules guiding ride-hailing platforms to set an upper limit on commissions taken from drivers, as a measure to safeguard workers' labor rights and further strengthen anti-monopoly regulation in the new service industry.

China is aiming to advance the development of intelligent factories and digital workshops for key machinery and electronic equipment, as the country beefs up efforts to integrate informationization and industrialization in the 14th Five-Year Plan 2021-25period, China's Ministry of Industry ...

China's factory activity beat market expectations and returned to expansion in November as power shortages in some provinces were mostly resolved and prices for major raw materials fell, official data showed on Tuesday.

Suifenhe, a China-Russia border city in Northeast China's Heilongjiang Province, will suspend the import of non-container goods that require manual unloading from Tuesday, a source close to the matter told the Global Times on Tuesday.

China's manufacturing PMI for November stood at 50.1 points: NBS

Shanghai's first drone delivery route, which is expected to open for trial operation in the first half of 2022, has already begun internal testing, with deliveries taking about 17 minutes, according to a report by CCTV on Monday.

Chinese President Xi Jinping announced new major measures on cooperation with Africa on Monday, charting a course for strengthened economic ties between China and the African continent, while also giving a timely, comprehensive response to the continent's most urgent needs ...

Tencent's massively popular app WeChat announced on Monday that users can directly access external links in the one-to-one chat, a step forward after the country's tech regulator ordered internet giants, including Alibaba and ByteDance, to open up their platforms.

China-Russia energy cooperation is accelerating onto the fast track, with energy accounting for nearly one-third of bilateral trade in the first three quarters of 2021, as leaders from the two countries sent congratulatory letters to a key energy cooperation forum.

Chinese nucleic acid test kit producers are ramping up efforts to provide nucleic acid tests that the world needs, with some seeing rising orders amid the sudden and unexpected outbreaks of Omicron, the mutant first reported in southern Africa.

China has granted import permits for more frozen fruits from Central and Eastern European countries, in an effort to promote export of more high-quality agricultural products from the region and expand the results of mutually beneficial cooperation, read a statement ...

Talks between world powers and Iran on reviving the 2015 nuclear deal is set to resume in Vienna, Austria on Monday. While global attention mainly focuses on the nuclear agreement, results from the talks may also have implications for global ...