This is the second of three installments by the Global Times to examine the expected tremendous economic impacts of the Japanese government's reckless decision, including huge damages to its nuclear industry, its agricultural exports, as well as the fishery industry ...

Hyundai Steel, South Korea's second-largest steelmaker, moved to sell its Beijing unit after years of sluggish sales. The decision was in line with expectations considering the downsizing of South Korean made cars in the Chinese market as well as fiercer ...

The Chinese Ministry of Agriculture and Rural Affairs held a meeting to review the achievements linked to supportive government policies targeting the seed industry while calling for localities to ramp up support for industry players.

Several prominent Chinese entrepreneurs over the weekend expressed their confidence that Chinese companies will eventually catch up with ChatGPT, the artificial intelligence (AI)-powered chatbot developed by US-based OpenAI, while noting the vast potential for the AI chatbot sector in the ...

Japan's restarting of its nuclear plants despite safety concerns could tarnish its reputation as a nuclear power operator, Chinese experts said, as Japan commenced the operation of equipment needed for its nuclear-contaminated wastewater dumping plan for the first time on ...

Participating with the US-led plan to contain China like AUKUS, Australia will put its sincerity to mend cooperation with China in doubts. Australia should be wary of dangerous US geopolitical games as Chinese investment recovers.

China and Japan have agreed to strengthen cooperation in minerals, semiconductors, batteries and other “strategic areas” on Saturday, a move aiming to “better cope with China's growing influence and global security concerns,” according to a report from the Associated Press ...

About 3.6 percent of the spring sowing across China has been completed, about the same pace as last year, the China Media Group reported on Sunday, citing data from the Ministry of Agricultural and Rural Affairs (MOA).

China has discovered a super-large gold mine deposit, the Xilaokou gold mine deposit in Rushan, East China's Shandong Province with an estimated reserve of 50 tons gold, CCTV reported on Saturday.

It is crucial to improve the financial regulatory system and strictly maintain the bottom line of low risks, China's former finance minister said at a forum on Saturday in commenting on the recent collapse of the US Silicon Valley Bank ...

China's Ministry of Finance (MOF) announced on Friday a financial punishment involving a fine of 800,000 yuan ($116,227) for China Huarong Asset Management and a fine of nearly 212 million yuan for its auditor Deloitte along with other legal punishments, ...

China has announced to establish a central commission that will be in charge of reviewing major national strategies for scientific and technological development, one of the most powerful changes to the country's innovation system in decades and which paves the ...

Chinese autonomous driving companies including Baidu and Pony.ai have been granted the first-ever permits to provide fully driverless ride-hailing services in the Chinese capital Beijing. This marks a major milestone worldwide, as it is the first-ever fully driverless fleet to ...

China's central bank, the People's Bank of China (PBC), announced on Friday it was lowering the amount of deposits banks have to set aside, as the world's second largest economy beefs up efforts to accelerate economic growth to withstand external ...

Air travelers from China to Canada will no longer be required to provide proof of COVID test results before boarding, starting from Friday, the Public Health Agency of Canada announced, marking the latest move by a foreign country to relax ...

China's hog production capacity and prices remain stable and resilient with no particular impact from African swine fever, thanks to ramped up efforts already in place to secure safe manufacturing and supply, major pork producers and an industry group told ...

Various cities in China are distributing a new round of consumption vouchers to boost domestic demand, targeting auto and home appliances in a bid to further shore up consumer confidence.

China cuts reserve requirement ratio RRR by 0.25 percentage points starting from March 27 in an effort to ramp up financial support for the real economy.

The UK government should respect objective facts, abide by the rules of the market economy and the principles of fair competition while refraining from generalizing and abusing the national security concept, Chinese Embassy in the UK said in a public ...

China's Ministry of Commerce (MOFCOM) on Thursday pushed back against foreign media claims of Chinese “trade curbs” against Australian coal imports, saying such misleading claims are inappropriate and China's automatic permit management system for coal imports is functioning normally.

As for the island of Taiwan, the US' ill-intentioned chip war has become a dangerous game, during which Washington will not hesitate to hijack Taiwan's semiconductor manufacturing sector as cannon fodder for the US' own interests.

A Chinese business group and companies doing business in Europe expressed serious concerns regarding the EU's reported intention to curb imports of Chinese green technologies and products including solar panels – a segment where China leads the world.

China's first "refrigerator for quantum chips" has been put into use to maintain a stable environment and enable the smooth operation of quantum chips, scientists revealed on Wednesday.

There is no way for TikTok to play by the rules to address the US politicians' so-called concerns. This is because it is not national security issues, but TikTok's ability to challenge the supremacy of the US internet industry, that ...

Shares of Chinese banks largely rallied on Thursday, despite evolving bank woes in the US and Europe, following the distress of Credit Suisse that day before, which sent a shock wave across global markets.

The US has failed to provide any evidence that TikTok poses a threat to US national security, and it should stop spreading misinformation and unreasonably suppressing relevant firms, the Chinese Foreign Ministry urged on Thursday.

China reduced its holdings of US Treasury bonds for the sixth straight month in January 2023, which analysts said is mainly due to the US Federal Reserve's sizable interest rate hikes and China's long-term security driven diversification of its foreign ...

Inspired by the government's persistent measures to stimulate real estate sector rebound after the pandemic, more Chinese cities saw increase in the sale prices of residential housing in February, an official said on Thursday.

Chinese airlines are rapidly scaling up the number of overseas flights following the country's lifting travel restrictions after the pandemic. The industry is confident the recovery will continue with more supportive measures in place.

Market regulators in various Chinese cities and related ministries have moved to act against companies which have been exposed to have infringed consumers' rights during an annual consumer rights protection gala held on Wednesday, the World's Consumer Rights Day.

​As of Thursday, unit 1 of Ling'ao Nuclear Power Plant of China General Nuclear has achieved 6,000 days of continuous safe operation, setting an international record for reactors of the same type, according to a statement sent to the Global ...

As the temperature climbs up and spring weather arrives, interest and spending on outdoor activities, blossom tours and seasonal delicacies is rising, unleashing new vitality into the Chinese economy.

Beijing has become one of the latest localities in China to adopt the China-Europe freight trains platform on Thursday, as localities vie to participate the China-proposed Belt and Road Initiative (BRI).

The Alashankou port in Northwest China's Xinjiang Uygur Autonomous Region has officially opened a green channel for the rapid customs clearance of agricultural and sideline products, which serves as a crucial gateway between China and Kazakhstan, the Global Times learned ...

The market regulator in Beijing's Chaoyang district initiated an investigation into three Blue Frog bar & grill restaurants in the area on Wednesday which also marks the World Consumer Rights Day. This followed a media report revealing inappropriate kitchen ...

Prices of raw material used for construction eyed a significant increase in the first two months this year. Experts attribute this surge to the rebound of China's industrial activities, as the country accelerates its economic recovery.

Two intelligent minibuses are used for road demonstration application and testing in a demonstration zone in Changchun, Northeast China's Jilin Province, on March 15, 2023. The vehicles are equipped with self-driving systems developed by the FAW Group, and they can ...

The Chinese mainland resumed clearing of two types of fish, chilled large-head hairtail and frozen horse mackerel, from the Taiwan region starting on Wednesday, in a bid to promote cross-Straits trade, Ma Xiaoguang, spokesperson of the Taiwan Affairs Office of ...

In March during the spring time, when the grass grows and the warblers fly, plum flowers and peach blossoms start to bloom across large areas in the northern part of Southwest China's Chongqing Municipality, attracting both Chinese and foreign tourists.

China's central bank on Wednesday vowed to strengthen risk disposal mechanisms, fend off systemic risks, and enhance its sense of crisis and "fighting spirit." It also called for proper responses to containment and suppression by the US and other Western ...

India discourages foreign trade settlement in yuan out of political considerations, Reuters reported. As yuan settlement increasingly becomes a rational option for more countries to control risks of external shocks, internationalization of yuan will progress despite geopolitics.

The West labeling China's normal commercial operations in the key mineral supply chains as seeking control over critical resources actually reflects the malicious attempt to curb China's development from the beginning of the industrial chain.

The Export-Import Bank of China (China EximBank), a major policy bank in China, announced on Tuesday that it has achieved the first loan cooperation with Saudi National Bank, the largest bank in Saudi Arabia, in yuan, facilitating financial cooperation under ...

China is gradually shrugging off the negative impact of the pandemic, as official data showed that retail sales in the first two months of 2023 expanded, following China's optimization of its COVID-19 response.

China will fully promote rural vitalization and accelerate the pace of agricultural and rural modernization in order to the build the country into a great agricultural power by the middle of this century, President Xi Jinping stressed in an article ...

Australian beef may soon overtake US beef in the Chinese market this year, given improved bilateral trade relations, an industry insider told the Global Times on Wednesday, after demand for US meat surged last year.

It took Silicon Valley Bank (SVB) 40 years to become the 16th-biggest lender in the US serving the tech industry. But it only took two days for its meltdown. When many were still pondering whether the biggest US bank failure ...

The tiger, one of the Chinese zodiacs, whose mighty power and spirit are broadly adored in the country, has the implied meanings of power, courage, wisdom and physical health - used for "dispelling evil" in traditional Chinese culture.

The Hangzhou Market Supervision Bureau signed on Tuesday a comprehensive cooperation agreement with Alibaba to enhance the healthy and high-quality development of the e-commerce platform, according to its official Wechat account, as the country accelerates its economic recovery and vigorously ...

China's central bank vows to enhance the sense of crisis and "fighting spirit," meanwhile calling for efforts to properly respond to the containment and suppression from the US and a few other Western countries at a key meeting following the ...

China's retail sales in the first two months of 2023 maintained a growth of 3.5 percent, data from National Bureau of Statistics (NBS) showed, reflecting an upward trend in the sector following China's optimization of its COVID-19 response.

China's economic performance showed a steady recovery in the first two months of 2023, with production and demand improving significantly, boosting national confidence that a roughly 5 percent GDP growth rate target for the whole year remains achievable, official data ...

China's ministries have jointly rolled out a multimodal transport plan for the next three years, with specific targets to boost infrastructure and logistics.

Nation is gearing up to tackle customers' complaints and recalls of new-energy vehicles (NEV) amid booming ownership and consumers' rising expectations for better NEVs.

There's a need to continue to repair Australia's relationship with China by focusing on areas of common interest, but, regrettably, there are complex challenges ahead, and the US factor cannot be ignored.

If we shake off the so-called deflation fears, it is not hard to see that the current moderate inflation rate will allow the government more room to use various tools to boost consumption, with the view of better supporting China's ...

A global cross-border e-commerce exhibition kicked off on Tuesday in Shenzhen, South China's Guangdong Province, amid the rising popularity of such exhibitions, where Chinese exporters explore new ways to sell overseas.

Chinese local authorities have been stepping up rolling out detailed plans to boost digital construction and transformation after the central government reiterated the emphasis on the nation's digital development in recent months.

A stream of Chinese listed firms in the A-share market have reported growing momentum in the first two months of the year, kicking off a good start to the full year, as hopes that the country's economy will steadily rebound ...

As various socioeconomic development goals were determined at the just-concluded two sessions and government officials across the country are moving swiftly to implement relevant policy measures, expectations are growing within China and around the world that China's economic recovery will ...

Multiple cities across China have recently stepped up support for property purchases by families with two to three children, with the latest supporting measures coming in Jiuquan in Northwest China's Gansu Province, which will offer a one-time subsidy worth 100,000 ...

During this year's two sessions, Xi made three such visits and meetings and delivered a speech at the closing meeting of the first session of the 14th National People's Congress (NPC), the country's national legislature, on Monday morning. On three ...

The Chinese government has decided to resume visa-free entry for cruise passengers entering Shanghai, effective Wednesday, and make other adjustments to its visa and entry policies for overseas travelers, according to notices from multiple Chinese consulates and embassies.

Following the shockwaves from the collapse of Silicon Valley Bank (SVB) weighed on global bank stocks, China's stock indexes also dipped on Tuesday due to negative sentiment in global financial markets, but experts said that the country's capital market will ...

While the US just struck a deal with the Netherlands to control chip exports to China, it signed a memorandum of understanding (MOU) with India on semiconductor cooperation in an obvious move to enlist India to join its small, exclusionary ...

China will further adjust the issuance of visas and measures targeting foreign visitors entering the country starting from 12 am on March 15 following a nearly three-year suspension.

Compared with other manufacturing powers around the world, such as the US and Germany, and those which are trying to replace China, like India, China's combined advantage in terms of both talent and manufacturing is still incomparable.

The combined market capitalization of China's three major telecom operators has added 980 billion yuan ($142.59 billion) year-to-date at the Chinese mainland stock markets, according to news portal cls.cn on Monday, as the nation further pushes the development of digital ...

Trade negotiators from 14 member countries of the US-led Indo-Pacific Economic Framework (IPEF) are reportedly set to meet in Bali, Indonesia this week for the second negotiating round of the economic framework. Launched in May 2022, IPEF is widely seen ...

The capital markets of the Chinese mainland and the Hong Kong Special Administrative Region welcomed the expansion of eligible shares under the Stock Connect program starting from Monday, a milestone in the high-level institutional opening-up of China's capital market.

During the press conference, he reiterated China's stance of welcoming cooperation with the US, saying that the two countries' economies are closely intertwined, and that crackdowns do no good for either side.

Recently, Mars Wrigley's Dove brand announced its global new purpose - "Your Pleasure Has Promise" with the launch ceremony of Dove All-Women Academy held in Baiyan county, Southwest China's Guizhou Province. By 2030, Dove is committed to helping one million ...

Property developers from the Hong Kong Special Administrative Region (SAR) are planning to invest more in the Chinese mainland market, as the mainland sees promising economic recovery after emerging from COVID-19 and the predicament of its debt-saddled real estate sector ...

Chinese newly-elected Premier Li Qiang said that achieving around a five percent of GDP growth target needs combined policies, and he holds confidence in the Chinese economy, saying that Chinese economy will sail toward a bright future.

Chinese Premier Li Qiang delivered a message that China will stick to the policy of opening-up regardless of changes in external situation when he answered questions from journalists from China and abroad on Monday after the closing of the first ...

Every year 15 million people join the job market in China and a rich supply of human resources remains China's notable strength, said Chinese Premier Li Qiang, when addressing questions on China's demographic dividend and employment outlook at a press ...

Private enterprises in China will enjoy better environment and broader space for development, Chinese Premier Li Qiang said on Monday.

Multiple listed Chinese pharmaceutical firms said on Monday and Sunday that Silicon Valley Bank (SVB)'s bankruptcy will have only limited impact on their operations with their financials remaining on track.

China's BeiDou Navigation Satellite System (BDS), which has played a dominant role in the domestic navigation sector, has become a new economic and social driver as the system is widely adopted in core sectors ranging from shipping to agriculture, the ...

During the handling of the SVB failure, the interests of tech start-ups and investors need to be guaranteed. If the interests of any start-up company end up being sacrificed in the crisis' black hole, it will have catastrophic consequences on ...

Given growing specter of global volatility, institutional reforms need to be quickly implemented to help China crack the hard nuts head on, be it is a specific high-tech laggard or a potential financial risk.

China's economic rebound is foreseeable, with growth of about 5 percent fully achievable, backed by multiple factors including a strong domestic consumption revival in the first quarter of 2023, Kang Yi, head of the National Bureau of Statistics (NBS), told ...

East China's Jiangxi Province, a major rare-earths production base, has issued a plan to crack down on illegal mining of strategic minerals such as lithium and rare earths, in a bid to promote the high-quality development of the mining sector. ...

The US is reportedly planning to expand restrictions on semiconductor-related exports to China, which shows that the curbs have not been as effective as Washington thought and have only put US firms under risk, Chinese industry analysts said on Sunday. ...

Some Chinese enterprises that have business ties with US-based Silicon Valley Bank (SVB) said that they have so far seen limited impact from the bank's dramatic bankruptcy, but some analysts warned about risks posed by SVB's collapse for global financial ...

Recently, automakers in Hubei Province, Central China, launched what experts said the most drastic car promotional drive in history.

Foreign companies and trade chambers interviewed by the Global Times said they are optimistic about their business opportunities in China, as officials at the two sessions reiterate efforts to attract and utilize foreign investment, especially in the fields of green ...

China will enhance mineral exploration, and allow leading mining companies to access high quality and large mines, Minister of Natural Resources Wang Guanghua said on Sunday during a media interview event.

China made more progress in promoting high-quality economic development despite complex global environment in 2022 and achieved fruitful results, said Kang YI, head of the National Bureau of Statistics (NBS), adding he has confidence in the nation's economic growth in ...

China should accelerate the development of drones and related unmanned technology, and improving global competitiveness of China's unmanned sector, according to members of the Chinese People's Political Consultative Conference (CPPCC).

Science and technology independence has been a major focus for deputies and members during the two sessions, with proposals and suggestions from the representatives reflecting China's strengthened determination to achieve self-reliance and tackling bottlenecks in technology advancement.

Silicon Valley Bank's joint venture in China stressed on Saturday that it is operating normally and in full compliance with Chinese laws and regulations, as the US bank's collapse has caused ripple effects across the world.

China National Nuclear Power Co (CNNC) recently unveiled its 2023 investment blueprint, worth of 80.02 billion yuan ($11.58 billion), which is a near 60 percent of year-on-year increase, also marking the highest annual investment since it was listed on the ...

As Hong Kong exports have been hit hard by weak global demand and the Russia-Ukraine conflict, industry representatives and national political advisors from Hong Kong have called for more supportive policies to help Hong Kong businesses better access the mainland ...

Drilling work for the first pile foundation of the Hangzhou Bay cross-sea railway bridge started on Friday, marking the start of construction of the world's longest cross-sea high-speed railway bridge, in East China's Zhejiang Province.

Audi AG CEO Markus Duesmann, one of the first CEOs of a large global firm to have visited China since the optimization of epidemic control measures, said he was very confident in the strong growth potential of the Chinese market.

US bank stocks mostly fell on Thursday, after crypto bank Silvergate announced it would close and Silicon Valley Bank (SVB) suffered a liquidity crisis, sparking panic in the market. The four largest US banks lost $46.5 billion in market value ...

China will resume outbound group tours for Chinese citizens to another 40 countries including Nepal, Vietnam, Iran, France, Spain, Italy, Greece and Brazil starting from March 15, China's Ministry of Culture and Tourism announced on Friday. It is the second ...

China's new journey toward modernity, featuring high-quality development, will bring fresh opportunities to both the world's developed countries and developing ones, deputies and members at the ongoing two sessions have noted.

The London Bullion Market Association (LBMA), an independent authority for precious metals based in London, said on Thursday that an incident review process has been invoked concerning on whether the Perth Mint remains on the authority's good delivery list following ...