The renowned Chinese private stock investor known as "Millionaire Yang" and "China's No.1 stock investor" passed away on Monday midnight at 71 years old, according to reports by local media.

Chinese travelers made more than 89 million trips during the three-day Dragon Boat Festival holidays, celebrated from Saturday to Monday, an increase of 94.1 percent year-on-year with a recovery of about 98.7 percent of pre-pandemic levels, according to data released ...

Travel to historical sites with a revolutionary legacy in China, or “red tourism,” continued to gain popularity during the three-day Dragon Boat Festival which ended on Monday, with bookings for red tourism products surging 60 percent year-on-year, platform data showed.

During the past several years, the world has witnessed a see-saw of sanctions and counter sanctions between the governments of the US and China - a reflection of Washington politicians' reckless determination to create troubles in order to stifle growth ...

The widely-publicized rare journey of a group of wandering elephants in China have made their forest home Xishuangbanna Dai Autonomous Prefecture in southern Yunnan Province a hot travel destination during the three-day Dragon Boat Festival which ends on Monday.

China has implemented and is consistent in sticking to developing the socialist market economy system despite that some countries do not recognize China's market economy status, a senior Chinese official said Friday.

A new working hour policy by a gaming studio under Chinese tech company Tencent, which stipulated that employees should not work overtime, has generated a buzz on China's social media platforms.

It is not necessary to overly interpret the internationalization process of Chinese currency yuan or renminbi, which has still remained in an early phase, meanwhile it should neither be treated as a weapon of confrontation in international markets, a senior ...

China's online car-hailing giant Didi Chuxing has filed for a public listing in the New York Stock Exchange (NYSE), which is expected to be the largest IPO by a Chinese firm in the US stock market since 2014 when Chinese ...

A subsidiary of Italian luxury fashion brand Fendi was fined by Chinese regulators for producing substandard products, according to public information platform tianyancha.

The TV show Churuzhichangdewomen (We are beginners in workplaces) went to the campus of Communication University of China to get closer with young students who care about applying for jobs and real workplaces, and one of the show's guests was ...

China should strictly guard against the resurgence of shadow banking, China's banking regulator said at the Lujiazui Forum on Thursday.

China's State Administration for Market Regulation (SAMR) held China's first Anti-Unfair Competition Forum on Thursday, which discussed hot issues such as unfair competition and brand protection in the digital economy, said the SAMR's official website.

The China Photovoltaic Industry Association said that the prices of key raw materials used by the solar photovoltaic and electronics industry have been drastically increasing in the past three months, weighing heavily on the sector. The association called for tighter ...

Technology that may seem out of reach is actually closely connected to our daily lives. Today, a new generation of information technology represented by artificial intelligence, blockchain and Internet of Things is becoming a new booster for China's digital economy, ...

A railway project connecting Nigeria's city of Lagos, Africa's largest city, to the country's industrial base Ibadan, has been officially put into service on Thursday, making it the first modern double-track standard railway in the West Africa region.

Industry players in China's auto chip sector on Thursday called for the establishment of a domestic testing and certification platform for car chips as part of the effort to create more helpful alternative for domestic industries in order cut reliance ...

The top official at China's banking watchdog on Thursday warned that monetary easing in developed countries has reached an unprecedented level, fueling global inflation that will be felt by the entire world, while noting that China's products are serving as ...

The resurgence of COVID-19 cases in South China's Guangdong Province has not created any significant impact on the industrial and supply chain of local exporters, China's Ministry of Commerce (MOFCOM) said on Thursday, brushing off concerns over potential impact on ...

In a sign of the growing influence of the China-Central and Eastern European Countries (CEEC) cooperation mechanism, countries that are not part of the mechanism such as Malta are turning to the platform to promote investment opportunities.

More than 100 million passenger trips are expected across China during the upcoming three-day Dragon Boat Festival, also known as the Duanwu Festival, according to industry data on Thursday, pointing to fresh signs of stead recovery in China's tourism sector, ...

The passenger throughput of airports in Guangzhou and Shenzhen, South China's Guangdong Province is expected to decline in June, as the province fights against the spread of COVID-19 cases.

Chinese air cargo transport has continued on an upward trend in recent months, as more carriers embrace the cargo business.

Shanghai on Wednesday night released the names of nearly 700 shops that support digital currency pilots, including major commercial circles such as Xintiandi, Yu Garden and Nanjing Road near the Bund. The pilot program aims to pave the way for ...

China always respects enterprises' choices of listing market, China's chief securities regulator said at the Lujiazui Forum on Thursday, emphasizing enterprises should abide by local laws and regulations.

The Biden administration revoked on Wednesday a Trump executive order to ban TikTok and WeChat but called for a broader review on a number of foreign-controlled applications that could pose a security risk to Americans and their data.

A US congressional commission on Tuesday released a statement forcing Apple Inc to take sides on the fabricated Xinjiang human right issues, the latest development of the US-led vilifying Xinjiang campaign in order to suppress China's development.

As an important event listed by the China-CEEC summit, the China-CEEC Mayors Forum was held on Wednesday afternoon in Ningbo, East China's Zhejiang Province.

China's semiconductor industry on Wednesday called for global cooperation to address a severe worldwide chip shortage that has hit hundreds of industries. The call, made at an industry expo, was in stark contrast to the US' latest efforts to seek ...

The president of the European Council, Charles Michel, defended the EU's efforts to negotiate a Comprehensive Agreement on Investment (CAI) with China by calling the investment deal "a huge step in the right direction," according to an AFP report on ...

Huawei launched its largest Global Cybersecurity and Privacy Protection Transparency Center in Dongguan, South China's Guangdong Province on Wednesday.

Cooperation between localities and government departments from China and the Central and Eastern European Countries (CEECs) is a vital driver that whill help boost trade, and it is essential in achieving China's proposal to increase imports from the CEECs by ...

The consumer price index (CPI) in China rose 1.3 percent year-on-year in May, while factory gate prices or PPI surged 9 percent, the fastest annual pace in over 12 years, according to official data released on Wednesday. Bets on a ...

One of Western Australia's largest citrus producers said "slow processing in Chinese ports" has created an oversupply of citrus in Australian markets, dragging down domestic prices.

The Biden administration is considering an investigation into neodymium magnets from China, with the aim of boosting the resilience of US supply chains for vital goods, the Financial Times reported on Tuesday.

Apple's largest iPhone manufacturer Foxconn has ramped up recruitment in the Chinese mainland for assembly-line workers by almost doubling the bonus for new recruits.

China will ramp up efforts to provide a better business climate for foreign companies, including those from EU countries, and it urges the EU to also provide such a business environment for Chinese companies, a spokesperson of the Ministry of ...

A reported US potential move to impose tariffs on rare-earth magnets from China would only have a limited impact on the latter, as US manufacturers of smartphones, vehicles, TVs, industrial robots and other products have no other choice. China supplies ...

China's artificial intelligent (AI) start-ups, amid a rapidly-growing market that drives up investment in research and development (R&D), have been pursuing public debut on the Chinese mainland exchanges in recent months. But to date, most of their IPOs have endured ...

The Cyberspace Administration of China (CAC) held a meeting on Monday tackling cross-border gambling networks, the CAC's public Wechat account said on Wednesday, and it will be tasked with efforts to combat overseas gambling groups and strengthening the supervision of ...

China's consumer price index (CPI), a main gauge of inflation, rose 1.3 percent year on year in May, data from the National Bureau of Statistics (NBS) showed Wednesday.

Sri Lankan Prime Minister Mahinda Rajapaksa said on Tuesday that his government aims to attract 15 billion US dollars to Colombo Port City project in the next five years.

China's consumer inflation remained at a stable level in May, with a 1.3 percent gain year-on-year, while factory gate prices rallied 9 percent, the fastest annual pace in over 12 years in May, on high international bulk commodity prices, official ...

The exchanges between steel bodies from China and Japan signified that global soaring prices of the raw material could be restrained to some extent and a more reasonable pricing mechanism may be established to address strained supply chains, experts have ...

China's consumer price index, the main gauge of inflation, rose 1.3 percent in May year-on-year, data from the National Bureau of Statistics showed on Wednesday.

South China's Hainan Province vowed on Tuesday to invest 220 billion yuan ($34.41 billion) by 2025 in order to improve local transportation and to build an international transportation hub that can connect most of foreign countries by using the province's ...

The Hong Kong Special Administrative Region (HKSAR) unveiled its new strategy for driving fintech development in Hong Kong on Tuesday, including further testing of digital currencies.

Although the EU has increased its ideological friction with China, European countries have maintained their enthusiasm for expanding economic cooperation with China.

The world bank released the Global Economic Prospects report on Tuesday, forecasting a GDP growth of 8.5 percent in 2021 for China, leading the world economic recovery.

Shenzhen, where the headquarters of Huawei is located, is to ramp up construction of the SMIC 12-inch wafer fabrication facility as part of its 14th Five-Year Plan, according to a government plan released on Tuesday.

Consumer confidence in the Chinese mainland has returned to the pre-pandemic level, and it has basically recovered in Hong Kong as well, according to an industry report.

US Republican governor of Florida, Ron DeSantis, signed two bills on Monday reportedly targeting China for its so-called "influence" on the state's education systems and to tackle so-called commercial espionage.

Indian Prime Minister Narendra Modi announced on Monday a plan to provide free COVID-19 vaccines to all adults above the age of 18 as the federal government takes over the inoculation program from the state governments starting from June 21, ...

World Bank projects global economy to grow by 5.6 pct in 2021.

Despite the absence of the rumored release of the Home operating system (OS) at Apple's annual Worldwide Developers Conference (WWDC) on Monday (US time), it still sparked wide discussion of the tech giant's efforts in the smart home segment in ...

The recent COVID-19 cases detected in South China's Guangdong Province are putting pressure on local manufacturing industry as shipments of raw materials are delayed, and logistics companies and ports are facing longer waiting times and obstacles to deliveries.

Tesla's sales in China are bouncing back. In May, the US-based electric automaker sold 21,936 vehicles in China, jumping 88 percent from April, according to data released by the China Passenger Car Association (CPCA) on Tuesday.

Australia has good many reasons to diversify its iron ore exports, which totaled 600 million tons in 2020, as China's iron ore imports are likely to be halved by 2030 as the scrap steel recycling industry in China expands rapidly, ...

As global food prices surge, Russia is reportedly considering tighter export controls on major food products. However, an expert said that this is unlikely to affect China too much, as the country has reached basic self-sufficiency in staple food.

US businesses will not exit the Chinese market though a White House official warned of the end of engagement with China, said Kenneth Jarrett, a senior advisor to the Albright Stonebridge Group in an interview, according to a Forbes article ...

World-renowned cognac brand Martell officially announces its first-ever sustainability and responsibility project in China on June 5 – the World Environment Day, committing to a long-term goal of conserving mangrove forests and protecting biodiversity including swifts – the emblem of ...

East China's Zhejiang Province inked 88 foreign investment deals totaling $17.3 billion on Monday ahead a major trade expo between China and Central and Eastern Europe countries (CEECs). A total of $15.1 billion was for foreign direct investment projects while ...

A company related to Viya, China's millionaire livestream queen, was recently fined for violating advertising laws, sparking concerns over quality of products sold through livestreaming e-commerce platforms, and revealing what could be the tip of the iceberg for counterfeit products ...

The Yangtze River Delta region, China's foreign trade hub, is fostering new growth drivers to boost the development of the sector.

Shenzhen, South China's Guangdong Province on Monday released a set of measures, including aid worth up to 300 million yuan ($47 million) to transform the city into an innovation hub for the satellite and application industry.

China is considering launching trials of a cross-border regulatory sandbox by adopting digital yuan as the carrier to test capital account convertibility in the Guangdong-Hong Kong-Macao Greater Bay Area, a senior central bank official proposed in a recent interview.

HSBC Holdings, the London-based banking giant, has appointed David Liao, former head of global banking in Asia Pacific and Surendra Rosha, former India chief, as co-CEOs for its Asia arm, read a company statement on Monday.

Vladimír Tomšík, Ambassador of the Czech Republic, told the Global Times on Monday during the second China-Central & Eastern European Countries (CEEC) Expo and International Consumer Goods Fair in Ningbo, East China's Zhejiang Province, that organizing this event is a ...

China's industry watchdog and cyberspace regulator jointly published a guideline on Monday to boost the country's development and application of blockchain technology. The document also announced a plan to make China's blockchain industry first in the world by 2025.

China's hog price has been falling since the beginning of the year, which is likely to help reduce hog imports.

Hong Kong's status as an international financial center is the core competency of its economy. This unique advantage makes it play a unique role in the development of the national economy. Despite the global economic downturn caused by the COVID-19 ...

US trade representative Katherine Tai recently said that the trade relationship between the world's two largest economies has "significant imbalance." She said the imbalance is in terms of performance, as well as "opportunity and openness of our markets to each ...

The free trade port (FTP) in South China's Hainan Province, will revise its tax policies, including simplifying and combining different taxes and offering tax refunds for goods from the Chinese mainland, according to a draft of the Hainan Free Trade ...

The spectacular growth in China's trade with India outperformed the former's trade performance with other major trading partners from January to May, an indication of the resilience within the China-India economic and trade relationship even amid political headwinds.

During the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting, officials reached a consensus on facilitating free and multilateral trade and strengthening regional economic integration. The developments offer a hopeful future for the Asia-Pacific region in an accelerated economic ...

The formal launch of the Wealth Management Connect scheme in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) has entered the final stage, Julia Leung Fung-yee, executive director of the Hong Kong Securities and Futures Commission, said in Hong Kong on ...

China Post has launched a charter flight service between Zhengzhou, Central China's Henan Province and the US on Sunday, as the inland city plays a more important role as an international aviation hub in China.

As projects under the China-proposed Belt and Road Initiative (BRI) proceed as scheduled despite the impact of the COVID-19 pandemic, they are becoming a driving force for economic and trade cooperation between China and Central and Eastern European countries (CEEC), ...

China's imports from Australia in May rose 55.4 percent year on year, according to data released by China's customs authority. Experts say the imports were bolstered by rising bulk commodities such as iron ores, despite a currently icy bilateral trade ...

Trade between China and the US continued its upward trend from January to May in 2021, official data showed, while the world's two largest economies have started "normal communication" in the economic and trade fields after a period of strained ...

China's Foreign Trade volume grew 26.9% y-o-y to 3.14 trillion yuan ($491 billion) in May, with exports and imports rising 18.1% and 39.5%, respectively: customs data

China's foreign trade grew 28.2% year-on-year to 14.76 trillion yuan ($2.3 trillion) in the first five months in 2021, with the monthly trade volume posting growth momentum over the last year, customs data showed on Monday.

Chinese autonomous vehicle makers are participating in the fight against the spread of the coronavirus in Guangzhou, South China's Guangdong Province, by deploying a variety of autonomous cars to deliver anti-epidemic material and transport medical workers to areas under quarantine ...

Meituan's CEO, Wang Xing, recently transferred 57 million of his own shares to his foundation, worth nearly 17.9 billion yuan ($2.8 billion), amid an anti-monopoly crackdown on internet platform companies by the Chinese market regulator.

The cause of the road accident in Taizhou, East China's Zhejiang Province, on May 17 has been identified by the Taizhou Public Security Bureau on Sunday. The authorities said the driver has to take full responsibility as it was found ...

Huawei is apparently stepping up its foray into the field of lithography machines, which are crucial in chip production, shortly after releasing its self-developed operating system HarmonyOS, further reflecting the Chinese telecom giant's goal to develop a complete industry chain ...

Under the easy money policy by world's central banks, the rapid surge in global food prices may have more to do with financial market turbulence. It is misleading for the public when some Western media outlets link this challenge to ...

Traders and logistics firms are coping with longer waiting times and greater challenges to ship goods after some ports in South China's Guangdong Province, the top trading and manufacturing region for the country, encounter backlogs ahead of a busy Christmas ...

The Group of Seven (G7)'s landmark minimum global corporate tax deal could benefit China as it will result in greater tax revenues and regulatory reach in the tech sector, a Chinese expert said on Sunday.

A number of Chinese social media accounts related to cryptocurrencies, which have followers ranging from several thousand to several hundred thousand, were blocked by Sina Weibo over the weekend, as the country tightened scrutiny over the industry to prevent systemic ...

As the COVID-19 resurgence on the island of Taiwan affects major chip packager King Yuan Electronics Corp and threatens the whole chip industry on the island, experts from the Chinese mainland said that Taiwan-based chip companies may partially shift capacity ...

A nightlife festival kicked off this weekend in Shanghai with over 200 kinds of events covering shopping, entertainment shows and reading being held to showcase the vibrant and exciting city, in a latest move that brings efforts to boost the ...

China is progressing in developing 6G technology, which is expected to be commercially available around 2030, with the future 6G business showing immersive, intelligent and universal trends, according to a white paper released by an industry group on Sunday.

Even while the coronavirus pandemic still impedes personnel exchanges in business sector as global travels are disrupted, the world solar industry practitioners were paying attention to a major industry exhibition recently after more than 140 countries and regions around the ...

Following Huawei's formal launch of HarmonyOS 2.0 on June 2, three Chinese banks took the lead to announce support and intent to integrate the domestically-developed operating system.

China's central government has moved to revise the country's population policy by allowing couples to give birth to three children, and at the same time, pledging to invest more resources to improve parenting and reduce the cost of education. The ...

China's Hainan free trade port (FTP) is going to implement a different tax policy, including simplifying and combining different taxes and tax refunding for goods from Chinese mainland, according to a draft of Hainan Free Trade Port Law which is ...

Beijing-based toy company Pop Mart apologized on Friday for asking women to fill in their childbirth plans in interviews after being accused by Chinese netizens of gender discrimination against women.

Despite a lot of media coverage about brake problems causing accidents involving Tesla vehicles in China, the US electric vehicle brand isn't likely to see a slump in sales for May, a senior auto expert said Friday.

Senior management of two Chinese internet giants – Tencent and ByteDance – bickered about short videos, an industry that has been in the limelight in recent years in China, toward which Chinese netizens said it is like “the pot calling ...