US electric vehicle manufacturer Tesla Inc has opened its first Tesla center in South China's Hainan Province on Friday, betting on brighter market prospects in the newly established free trade zone driven by potential encouraging policies for the new-energy vehicle ...

After being placed on a US blacklist, Chinese aviation firm Skyrizon has vowed that it would firmly protect its legitimate rights and interests with "legal weapon," saying that it opposes all unreasonable suppression of Chinese firms.

An industry watchdog has released a draft rare earths management rule on Friday, including quota management of domestic rare earths production, investment management and supervision, which analysts said is a sign that China vows to standardize management of the rare ...

Greater cooperation with China would be an important premise of US President-elect Joe Biden's $1.9 trillion relief package proposal and a second plan, Chinese experts said Friday, envisioning the massive spending plan, if eventually approved, would bode well especially for ...

The Trump administration has generalized the concept of national security, abused national power and repeatedly suppressed Chinese companies for no reason. China firmly opposes this, Zhao Lijian, spokesperson of the Chinese Ministry of Foreign Affairs, said on Friday.

Chinese analysts said the Trump administration's latest crackdown against Chinese companies is his "final frenzy," and in his waning less than five days, he is trying to create hurdles to hamstring the incoming Biden administration's China policy.

Air China will start services in two terminals in Beijing Capital International Airport from Friday. About 72 flights to 21 cities, such as from Beijing to Changzhou in East China's Jiangsu Province and Dali in Southwest China's Yunnan Province, will ...

Ant Group has established a rectification working team and is making haste to formulate a timeframe for overhaul of its services, Chinese central bank deputy governor Chen Yulu revealed Friday.

With the first anniversary of the China-US phase one deal's signing falling on Friday, the entire world is glued to how the incoming Joe Biden administration will mobilize his brand new negotiating team to reach out to the US' most ...

Chinese smartphone maker Xiaomi on Friday confirmed that it is not owned, controlled or linked to the Chinese military or a Chinese military firm, as defined by the US National Defense Authorization Act.

The presale of railway tickets for the upcoming Spring Festival travel rush has decreased by nearly 60 percent compared to the same period last year, with passenger-flow volume estimated to drop to 296 million trips this festival.

Trump administration took another swipe at China and its biggest firms Thursday, imposing sanctions on officials and firms for alleged misdeeds in the South China Sea and imposing an investment ban on 9 more firms, including planemaker Comac and phone ...

China's National Medical Products Administration (NMPA) concluded Thursday that there were serious adverse reactions to phenolphthalein tablets and lozenges after a post-marketing evaluation, and decided to stop the production, sale and use of these products in China, and the drug ...

The US Department of Commerce (DOC) said on Thursday that it has added two Chinese companies - Chinese National Offshore Oil Corporation (CNOOC) and aviation firm Skyrizon to two separate blacklists, in what Chinese analysts are calling a "final frenzy" ...

McDonald's new Chinese takeout was met with a pinch of outrage from Chinese netizens on Thursday who said the fast food giant had skimped on the key ingredient in its version of the traditional Chinese hamburger: the meat.

China is the only major economy in the world that witnessed an expanded trade in goods in 2020, to which the explosive growth of new forms and models of trade including cross-border e-commerce has provided support, statistics from customs show.

China's top market watchdog has launched an investigation into online discount platform Vip.com over alleged unfair market competition acts -- a move that analysts said sends a signal that Beijing will double down on efforts to ensure the sound development ...

With China's exports in full swing, and helping mend the coronavirus-fractured global supply chains despite intermittent threats and hostile moves from the US and Australia, the country's exports have proven to be a tower of strength for its economy with ...

With ASEAN countries becoming China's largest trading partner in 2020, bilateral trade between China and Vietnam witnessed particularly remarkable growth.

The global economy enters 2021 holding both hope and fear - vaccines and new virus variants. With less-developed economies bearing the brunt of the crisis, their debt levels have raised the eyebrows. Since the outbreak, China has ratcheted up efforts ...

Just days ahead of a power transfer in the US, several positive signs - from solid progress for the phase one trade agreement, encouraging words from China's top leader, to news of potential engagement between Chinese officials and the new ...

Australia's constant hostility toward China, its largest trading partner, throughout the coronavirus-haunted 2020, put a significant dent in its export-reliant economy, experts said, with China's imports from Australia down 5.3 percent in US dollar terms.

London retained its position as the top European destination for tech venture capital in 2020, with levels near the record amount of the year before despite the impact of COVID-19, according to research by Dealroom.co and London & Partners.

Despite the severe COVID-19 impact on global trade, Chinese customs data showed on Thursday that Chinese trade has delivered marked growth in 2020. While the country has bought more goods and services from other major economies such as ASEAN and ...

Parler, a social media outlet favored by some supporters of US President Donald Trump, urged a court to order Amazon.com Inc to put it back online.

Affirm Holdings Inc, a US provider of installment loans to online shoppers, said on Wednesday it sold shares in its IPO at $49 apiece, above its target range, to raise $1.2 billion.

Taipei-based Foxconn and Hangzhou-based automaker Zhejiang Geely Holding Group said that they will join hands to provide contract manufacturing for automakers.

Sporadic COVID-19 cases in China have triggered a new round of protective measures, as Chinese governments both at the national and local level are encouraging residents to stay at the place for the Chinese New Year holidays.

The annual Consumer Electronics Show (CES) in the US, which is being held online for the first time this year due to the ravaging COVID-19 pandemic, has seen Chinese high-tech companies scale down their presence by more than 80 percent ...

Although many uncertainties and complexities remain in the way of China's economic growth in 2021, there are multiple areas where relatively steady and high growth can be achieved through efforts. The existing digital economy is one that shows strategic stability, ...

Harbin Ice-Snow World, part of the annual Harbin International Ice and Snow Festival and a popular ice sculpture park in Harbin, Northeast China's Heilongjiang Province, told the Global Times that it is still open to tourists despite recent COVID-19 flare-ups ...

Chinese customs have officially adopted "Chinese Baijiu," as the new terminology for the Chinese distilled spirit, for product labeling for exports, after repeated communication with the tax collection bureau of the Chinese customs authorities since China Alcoholic Drinks Association formally ...

China strongly opposes rude interference of China's internal affairs by the US and other governments, a spokesperson of Ministry of Commerce (MOFCOM) said on Thursday, in response to US and other countries' ban on cotton and tomato produce from Xinjiang, ...

The world's first RISC-V single board PC Beagle-V based on Linux operation system was debuted by Shanghai tech firm StarFive on Wednesday. The computer was co-developed by StarFive, Shenzhen Seeed Studio and US SBC (single board computer) company Beagleboard, paper.com ...

European companies are increasingly concerned about the impact of US-China economic decoupling – facilitated by the trade and tech war launched by the Trump administration against China – on their supply chain, telecom equipment supplies, as well as market access, ...

China's process to ratify the Regional Comprehensive Economic Partnership (RCEP), beginning in December 2020, has been smooth, and the government aims to complete it within six months, Ministry of Commerce (MOFCOM) spokesperson Gao Feng said in Beijing on Thursday.

China's total export volume of rare earths dropped 23.5 percent year-on-year in 2020, China's customs authority said on Thursday, registering the lowest figure in five years, according to media report.

To guard against the risk of imported #COVID19 infections through cold-chain food storage, around 124 cold-chain food producers in 21 countries have so far suspended their exports to China, among the 124 cold-chain food producers that have been suspended from ...

Annabel Yao, Huawei founder and CEO Ren Zhengfei's youngest daughter, is making her foray to the entertaining circle, by signing a contract with Beijing TH Entertainment Co. and becoming an entertaining artist, according to official Sina Weibo account of TH ...

China's exports of medical devices surged more than 40 percent in 2020, contributing to the global fight against COVID-19, customs data showed on Thursday.

ASEAN countries have jumped to be the number one trading bloc with China in 2020, with the trade volumes hitting 4.74 trillion yuan ($0.73), a 7 percent growth year-on-year, Chinese Customs spokesman Li Kuiwen told a press conference on Thursday. ...

China's foreign trade rose by 1.9% in 2020; exports up 4%, imports down 0.7%.

Australia's constant hostility toward China, its largest trading partner, throughout the coronavirus-haunted 2020, was shown to have put a significant dent in its export-reliant economy, with China's imports from Australia recording an annual decline of 5.3 percent in US dollar ...

China's top market watchdog has launched an investigation against online discount platform vip.com over alleged unfair market competition, a move which analysts said sends a clear signal that Beijing will resolutely double down anti-monopoly effort on the internet industry irrespective ...

Trade between the world's top two economies was back on the growth track in 2020, Chinese customs data showed on Thursday, reversing a plunge in the previous year when bruising trade tensions clobbered bilateral imports and exports.

China's foreign trade rose by 1.9% in 2020; exports up 4%, imports down 0.7%.

China launches probe into online discount retailer Vipshop over alleged unfair competition

China's total auto sales dropped 1.9 percent in 2020 due to the COVID-19 epidemic, but with the disease under control in China sales have rebounded in recent months, and a 4 percent increase in motor vehicle sales is expected in ...

Several Chinese mainland-based companies whose shares are currently listed in the US, including Lenovo Group and Tencent Music, have either announced plans to issue Chinese Depositary Receipts (CDR) in Shanghai or are reportedly seeking secondary listings in Hong Kong, at ...

After rebounding from the fallout of the COVID-19 pandemic at a speed beating most carmakers' original expectations, China's auto industry now faces a new dilemma – tightening supplies of semiconductors, which serve a key role as a vehicle's brain from ...

A prototype of a high-temperature superconducting maglev train, dubbed as a "super bullet maglev train" with a maximum speed of 620 kilometers per hour, rolled off the production line on Wednesday in Chengdu, capital of Southwest China's Sichuan Province.

With China moving resolutely toward opening up its financial sector to foreign investment, those aiming high for a China market presence are racing to hire financial professionals, a trend market observers believe will only intensify as the country retains its ...

Amid city lockdowns and logistics disruptions caused by a sudden coronavirus outbreak in North China's Hebei Province, the region's Tangshan Port - a major domestic facility for bulk commodities such as steel, iron ore and coal - is operating normally ...

The price of liquefied natural gas (LNG) has surged to record highs in recent tradings, with the weekly spot price assessment settled at an all-time-high price of $21.45 per million British thermal units. While most market analysts are focusing on ...

Given a likely 20 percent drop in India's imports from China in 2020, the trade between China and India may have reached a turning point, according to a report published on Nikkei's Chinese website on Wednesday.

Chinese transport and public security authorities on Wednesday rolled out emergency measures to ensure steady transport of essential supplies to Beijing and North China's Hebei Province, saying that new outbreak of COVID-19 clusters in Hebei has caused a serious challenge ...

China has world's largest workforce, which is experiencing challenge of intensifying transformation.

On the eve of its fifth anniversary, the Asian Infrastructure Investment Bank (AIIB) has highlighted green, technology-enabled infrastructure and regional cooperation that will shape Asia's recovery in the post-COVID-19 era, reflecting the need for the infrastructure sector to manage short-term ...

Spurious use of the concept of national security, and attacking specific countries and enterprises run counter to the basic law of scientific and technological development and the common interests of all countries, said China's Foreign Ministry on Wednesday, responding to ...

China is set to accelerate innovation within the seed industry during the 14th Five-Year Plan (2021-2025) as the nation vowed to turn the tables in tackling challenges in agricultural technology and food security, the Ministry of Agricultural and Rural Affairs ...

The Chinese yuan rose to the highest point in 31 months against the US dollar on Wednesday, as global investors rushed to buy Chinese yuan amid China's strong economic rebound and the continuing depreciation of the US dollar.

Bucking the global downward streak amid the fallout from the COVID-19 pandemic, China's luxury sales last year rose by a stunning 48 percent to around 350 billion yuan ($54 billion), buoyed by a consumption comeback as travelers were unable to ...

A prototype of a high-temperature superconducting maglev train, dubbed as the "super bullet maglev train" with a maximum speed of 620 kilometers (km) per hour, rolled off production line on Wednesday in Chengdu, capital of Southwest China's Sichuan Province.

China and Indonesia have signed a memorandum of understanding (MoU) on developing capacity building of internet security and tech cooperation, marking the first-of-its-kind internet security agreement China signed with a foreign country which observers said represents the latest series of ...

Data-sharing in some areas between the government and firms is not standard in China, but it is normal in other countries, industry analysts said on Tuesday, shedding some light on the controversy over whether consumer data should be the property ...

The annual travel during the Spring Festival holidays, called Chunyun in Chinese, will see a lower scale of population flow than normal level this year, 11 national ministries said in a joint notice on Tuesday.

To prevent the spread of coronavirus, Shijiazhuang, Xingtai and Langfang in North China's Hebei Province will be under closed-off management, officials from Hebei Province said at a press conference on Tuesday, according to media reports, after 326 cases were found ...

The coronavirus epidemic has pressed a fast-forward button on medical artificial intelligence (AI) applications, and the fight against the virus has put the technology further into practice, a report released by the Tencent Research Institute said.

Rising steel prices and surging demand in China aren't helping the profits of steel mills, which are grappling with surging iron ore prices amid a post-virus economic recovery, Chinese analysts said on Tuesday, noting that the situation is an alarming ...

China aims to revive air passenger transport volume to 90 percent of the pre-virus level this year, and efforts to boost domestic demand are listed in a key work document, the civil aviation regulator said at its annual conference on ...

Chinese smartphone brands, including Xiaomi, Vivo, Oppo and Transsion, are expanding globally in recent months as they compete for the new 5G wave and the market shares formerly held by Huawei, the Chinese technology giant facing a US government ban ...

Suppliers of pandemic preventative medicines are working in full swing to assure the stable supply for both the domestic and overseas markets, despite hurdles resulting from tightening regional lockdown measures amid a new wave of coronavirus outbreaks.

Alongside a flip-flop farce of the New York Stock Exchange regarding delisting three Chinese telecom companies last week, there have been other negative effects borne out of Trump's recent restriction on US capital investing in listed Chinese companies. Like the ...

In an interview with The Wall Street Journal published on Monday, outgoing US Trade Representative Robert Lighthizer urged President-elect Joe Biden to keep all tariffs imposed on China, even if that considerably raises prices for US businesses and consumers.

China led the growth of value gains among the world's 500 most valuable private companies in 2020, with a year-on-year growth rate of 73 percent. A total of 51 Chinese firms are on the top 500 list for last year, ...

Australian government's rejection of a bid by a Chinese company is akin to politicalizing trade and investment, dampening the momentum of bilateral pragmatic cooperation between the countries, and harming Australia's own image and reputation, the Chinese Foreign Ministry (FM) said ...

Most entrepreneurs and high-level executives from China, Japan and South Korea are optimistic about China's economic growth this year, according to a survey by the Global Times Research Center, Maeil Business Newspaper and Nikkei.

Companies from China, Japan and South Korea are expecting to continue to feel the weight of a trade war initiated by the US against China, while further technology decoupling is also likely during the incoming Joe Biden administration, Chinese analysts ...

Grain inventories held by businesses across China hit a nearly 15-year-high while corn stocks in Northeast China have tripled compared with the same period last year, the country's National Food and Strategic Reserves Administration (NFSRA) said on Tuesday, offering a ...

China's GDP growth is likely to mount to 8.2 percent in 2021 with domestic consumption unleashing more driving force to support the growth against the backdrop of COVID-19 pandemic receding globally following large-scale vaccination, a major investment bank said on ...

The total number of passengers carried by China's civil flights reached 420 million in 2020, ranking the second place in the world for the 15th consecutive year, according to Civil Aviation Administration of China (CAAC).

A new wave of COVID-19 pandemic infections has emerged in Shijiazhuang, the provincial capital of Hebei Province, at the beginning of 2020. Local government announced that from January 6 traffic control measures would be implemented across 10 highways connecting Shijiazhuang ...

Kweichow Moutai shares touched an all-time peak during Tuesday's morning session, despite news of a distillery's potential exposure to a confirmed COVID-19 case.

Chinese mainland stocks surged on Tuesday after some volatility in the morning trading session, with the Shanghai market climbing above 3,600 points, first time since December 2015, and tech-heavy ChiNext board rallying by nearly 3 percent at the end of ...

China's going to release the second batch of 30,000 tons central reserve frozen pork in 2021 on Friday, eight days after the first release of 20,000 tons on January 7, according to a notice on the official website of the ...

An app within the Google Play store that could allow users to simulate different displays of China's health codes sparked social media uproar, as the app could potentially provide fake green code for people from medium-risk and high-risk areas and ...

The 2021 Consumer Electronics Show (CES), the world's premier tech show, kicked off Monday online, the first-ever all-digital show in its 50-plus-year history.

Chinese traders are importing more coal from neighboring countries such as Russia and Mongolia, bringing the security of a healthy supply chain amid the backdrop of global uncertainty and disruption from the epidemic.

US digital money transfer platform PayPal has become the first third-party payment platform with 100 percent foreign ownership in China following its purchase of additional shares of the domestic payment firm GoPay.

The People's Bank of China, China's central bank, and its branch offices fined 417 organs 628 million yuan ($96.98 million) in 2020, for failing to effectively carry out anti-money laundering measures. The fines were three times the level of the ...

The Baotou Research Institute of Rare Earth (BRIRE) in North China's Inner Mongolia Autonomous Region and a technology company based in Chengdu, Southwest China's Sichuan Province plan to build a rare-earth heat-insulation material facility, with an investment of 20 million ...

China's consumer price index (CPI), a main gauge of inflation, rose by 0.2 percent in December year-on-year, compared with November's 0.5-percent drop, and the full-year 2020 rise was 2.5 percent, according to data released by the National Bureau of Statistics ...

Bucking the global downward streak amid the fallout from the COVID-19 pandemic, China's luxury sales last year rose by a stunning 48 percent to about 350 billion yuan ($54 billion), buoyed by a consumption comeback as travelers were unable to ...

Shares of three Chinese telecom giants rallied in Hong Kong on Monday, surging as much as about 6 percent, in what appears to be a defiant move by investors in the three firms, following a US move to delist them ...

Nearly half of the 750-plus A-share companies that have announced preliminary results for the past year said their earnings improved, with petrochemical, pharmaceutical, high-tech, food and beverage sectors among the best performers, a sign China's economy has displayed extraordinary resilience ...

With the coronavirus pandemic ripping across the world, 2020 was an extremely tough year for global businesses, especially the startups. India has been particularly hard hit, with venture capital going to local startups dipping 34 percent year-on-year in 2020, dropping ...

Export orders for air purifiers produced in China rose nearly eight times and the cumulative gross merchandise value rose nearly 10 times from April to November 2020, with orders from virus-hit economies, such as the US and European countries rising ...

Bitcoin has been on a roller coaster ride lately. The leading crypto-currency plunged as much as 21 percent from Sunday to Monday to as low as $32,389. The fall came just days after bitcoin soared 40 percent at the beginning ...