Huawei will focus on the two operating systems, namely the HarmonyOS and openEuler at the same time, both will be open source, in an effort to solve the domestic stranglehold problem of lacking its own operating system in basic technology, ...

Chinese President Xi Jinping addressed the opening ceremony of the 2021 Zhongguancun (ZGC) Forum via video link on Friday, stressing that innovation is the primary driving force behind development.

The Chinese authorities said on Friday that all cryptocurrency-related businesses are illegal and they urge the exit of cryptocurrency mining projects, as the country doubles down efforts on virtual currency regulation to fend off financial risks and facilitate improvement of ...

China's rare-earth giants are mulling a restructuring, and a super group in the medium-heavy rare-earth sector is expected to be born soon. Analysts said the move will help enhance market concentration to better guide industry development and contribute to improving ...

The US Securities and Exchange Commission (SEC) has reportedly adopted a new rule that potentially threatens Chinese companies with delisting, a move that experts said would encourage more Chinese firms to leave US bourses and list in mainland and Hong ...

China's Ministry of Transportation issued a plan on Thursday for the construction of new types of basic infrastructure over the next five years, under which accelerating the building of intelligent and unmanned ports was listed as a priority.

Shanghai Rayliant Jingchun Investment Management Company, controlled by Rayliant Global Advisors Limited, an internationally renowned leader in fundamental quantitative investment, has successfully completed the registration as a foreign private equity fund manager in China. With this milestone, the firm has ...

As discussion about Evergrande Group has continued to ferment, the Chinese real estate giant said it will pay interest to professional investors starting on Thursday for corporate bonds issued in 2020, with interest paid at 58 yuan ($8.98), tax included, ...

Massage parlors near the Universal Studio Beijing Resort in Tongzhou District said their number of customers has been increasing after the opening of the theme park several days ago. The staff are having to work overtime to serve guests including ...

Chinese tech giant Huawei laid out a blueprint for its ambitions in the future digitalization era during its annual flagship industry event – Huawei Connect 2021 – on Thursday. The company's plan ranges from artificial intelligence (AI) to cloud businesses, ...

Boeing forecasts that China's airlines will require 8,700 new airplanes by 2040, valued at $1.47 trillion, to meet expanding commercial air travel demand. The 20-year forecast reflects the China market's rebound and further evolution of airline business models.

A senior Chinese official called for “high-level” security guarantees for further high-quality development of the China-Pakistan Economic Corridor (CPEC), during a bilateral meeting on the development of the major project under the Belt and Road Initiative (BRI).

Longtime Facebook executive Mike Schroepfer said on Wednesday that he was stepping down as the company's chief technology officer.

Commonwealth Bank of Australia accused Apple Inc on Thursday of uncompetitive behaviour over control of payments on its phones, which have grown to about a third of all in-person payments the country's largest lender processes.

JPMorgan Chase & Co has been on a boutique-business buying spree this year, acquiring or investing in around 30 companies since the start of 2021.

Following several days of belligerent claims and counterclaims between France and the US over what French officials called a stab in the back in the form of a new agreement among the US, the UK and Australia known as AUKUS, ...

Despite heightened tensions impacting China-US relations and the US' push toward “decoupling” from China, nearly 70 percent of US companies operating in China expect revenue growth in the market to outpace their worldwide growth over the next three to five ...

The newly opened Universal Studio in Tongzhou District, Beijing, will be expanded to include a second and third phase, according to an official from the Beijing's tourism department on Thursday.

Boeing hopes that the Boeing 737 MAX will return to services in China before the end of this year, but the ultimate decision is in the hands of the regulator, a senior executive from Boeing said at a press conference ...

China's research and development (R&D) spending accounted for 2.4 percent of the country's aggregate GDP in 2020, not only recording a near decade high in growth but is quickly catching up with international standards, and in particular, the US, according ...

Chinese clothing brand JNBY apologized after their child clothing lines from its sub-brand were found to contain inappropriate and horrific printings.

The Ministry of Finance will issue 8-billion-yuan ($1.24 billion) worth of treasury bonds in the Hong Kong Special Administrative Region (HKSAR) on Thursday, marking the first issue of a total of 20-billion-yuan treasury bonds in Hong Kong in 2021, according ...

After vowing to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, China recently pledged to stop building new coal-fired power projects abroad and step up support to other developing countries to obtain green and low-carbon energy.

By 2025, the assets of state-owned enterprises in Beijing will reach 8.25 trillion yuan ($1.2 trillion), with profits totaling 150 billion yuan ($23.2 billion), according to a five-year plan released by the State-owned Assets Supervision and Administration Commission of the ...

China's "dual carbon" target will make it the most efficient country in the world in reduction of carbon emissions, an official mentioned on Wednesday, which marks the one-year anniversary of China's proposal to achieve carbon neutrality before 2060.

Xiaomi's devices do not censor communications to or from its users, a spokesperson of the company told the Global Times on Wednesday in response to a report by Lithuania's state-run cybersecurity body saying that phones by Xiaomi sold in Europe ...

The impact of the pandemic on the global aviation industry has been unprecedented. Data from International Air Transport Association (IATA) showed that global international passenger demand for 2020 was down 75.6 percent year-on-year. The air cargo market saw a massive ...

Australian exports to China may face a heavy blow in the rest of the year, as prices of iron ore, one of Australia's biggest exports to China, have experienced record and consistent drops since late June, Chinese industry insiders said ...

China might not have its customary "gold and silver months" for home sales this year, which are normally in September and October, experts predicted, as recent data showed a continued cooling trend triggered by a mixture of factors, including tightened ...

Chinese terminal operator COSCO Shipping Ports struck a deal with Container Terminal Tollerort in the Port of Hamburg, Germany by acquiring a 35 percent stake in the German terminal, a move that will boost the port's throughput and efficiency as ...

Tuesday is the traditional Chinese Mid-Autumn Festival and an important day for family reunion for overseas Chinese from around the world.

French President Emmanuel Macron on Tuesday discussed cooperation in the Indo-Pacific region with Indian Prime Minister Narendra Modi, after the AUKUS submarine deal spiraled into an unprecedented diplomatic crisis between Western allies. In telephone communication, Macron and Modi said they ...

After celebrating the 100th anniversary of Communist Party of China, Chinese airlines, including Air China and Southern Airlines continue to expand the aviation network for travelers seeking "red tourism" holidays.

The Smokovac-Matesevo section of the Montenegro North-South Expressway constructed by the China Road and Bridge Corporation (CRBC) is expected to complete in November in 2021, CRBC told the Global Times on Wednesday.

Ant Group's credit payment product, Huabei, has been integrated into China's central bank credit reporting system, the company said on Wednesday. The integration comes as a big lift to China's credit system, analysts said.

While US officials have stayed put grumbling, endlessly, about their national security concerns over Huawei, the Chinese tech giant has chosen to charge ahead amid a storm of unfounded allegations and accusations.

The Foreign Ministry rebuked the US Customs and Border Protection agency for impounding solar panels from Jinko Solar, a Chinese PV giant, on claims that materials used to build the panels were produced using “forced labor” in the Xinjiang Uygur ...

The final shipment of 6,600 tons of high-quality rails for the Jakarta-Bandung High Speed Railway (HSR) arrived at the port of Cilacap in Indonesia on Tuesday, marking the export of all steel rails required for the first overseas HSR project, ...

Ant Groups's credit payment platform, Huabei, has been integrated into China's central bank credit reporting system. The inclusion comes amid the growth of the digital economy and will not affect users' loan applications, the Huabei team said in an open ...

China will try to negotiate and sign more free trade agreements (FTAs), closely examine the criteria to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and accelerate negotiations on the China-Japan-S. Korea FTA, as the country continues to build ...

China appealed on Monday a WTO panel report on US' tariffs imposed on Chinese solar panels during the Trump administration. The panel rejected China's claims earlier this month.

The Ministry of International Trade and Industry (MITI) of Malaysia said it is looking forward to welcome China in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), three days after Beijing announced its official application to the regional pact. ...

Shanghai recently launched the first 40 model enterprises of international trade distribution, as their total import and export volume reached nearly 300 billion yuan ($46.39 billion). The commercial activities from these companies accounted for almost 10 percent of Shanghai's total ...

The Daya Bay Nuclear Power Plant, China's first large-scale commercial nuclear power plant located in Shenzhen, South China's Guangdong Province, announced on Tuesday a record of 10,000 days of safe operations and the cumulative power supply of 380 billion kilowatt-hours, ...

The new submarine deal in which the US and the UK pledge to help Australia build a fleet of eight nuclear-powered submarines, has sparked an intense backlash in France and across the EU.

China's recent application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has received a negative response from the US, which had originally pushed the free trade treaty as a way to exclude China during the Obama era ...

Xu Jiayin, chairman of embattled Chinese real estate giant Evergrande Group, on Tuesday sought to project confidence that the company will recovery from its debt crisis, as concerns are mounting over whether the over-stretched Chinese property giant will emerge from ...

China will continue promoting the fast development of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone and support technological innovation by private enterprises, Chinese Vice Premier Han Zheng said during his inspection tour in Shenzhen, South China's Guangdong Province.

Over 88 million trips were made over the three-day Mid-Autumn Festival holiday, recovering to 87.2 percent of the pre-pandemic figure, according to the Ministry of Culture and Tourism.

As this year's three-day Mid-Autumn Festival holidays drew to a close on Tuesday, spending data – especially tourism and the box office – again took the spotlight as a measure of China's economic resilience.

China's top economic planner, the National Development and Reform Commission (NDRC), announced on Tuesday that it had reduced the number of days of coal supplies that power plants across the country must maintain during peak power use periods, in order ...

The Universal Beijing Resort formally opened to tourists on Monday after 20 years of planning and construction. Its grand opening, at a time when cross-border travel remains suspended, has caught the attention of the whole country, with throngs of excited ...

The US announcement that it will ease restrictions on international travelers who are fully vaccinated against COVID-19 from countries and regions, including China, will help boost the recovery of bilateral trade, economic exchanges and tourism, Chinese analysts said on Tuesday.

China's traditional mooncake export orders have seen a substantial increase with some companies achieving an up to 70 percent increase in exports ahead of the Mid-Autumn Festival.

China's National Development and Reform Commission (NDRC) and the National Energy Administration sent supervisory groups to firms and ports in multiple provinces to stabilize the power market and enhance the country's major strategy of ensuring power security, according to a ...

The much-anticipated Universal Beijing Resort officially opened for business on Monday after 19 days of trial operation. Excited tourists coming from all over the country to the theme park despite rainy weather in the capital city and strict epidemic prevention ...

Chinese mainland customs will suspend cherimoya and wax apple imports from Taiwan island starting from Monday, after multiple inspections detected quarantine pests in the two subtropical fruits this year.

China Evergrande Group's repayment plan for its wealth management products through properties has started, but the debt-ridden property giant's prospects of weathering the current liquidity crisis remains gloomy, according to industry observers.

China's central bank and the State Administration of Foreign Exchange on Saturday jointly published draft guidelines, broadening the scope of businesses accessible to domestic banks' overseas yuan loans.

US electric vehicle maker Tesla exported 97,496 China-made vehicles in the first eight months of 2021, with 86 percent of the components made locally, according to Shanghai Securities News on Saturday, citing company data.

Members of the Shanghai Cooperation Organization (SCO) are studying using local currency settlement while exchanging experience in financial areas, a move that experts said will be helpful to fend off US dollar hegemony.

As global traffic is still suffering from disruption from the pandemic, a Hainan Airlines flight took 244 Chinese students on Saturday from Southwest China's Chongqing Municipality to Manchester in the UK, marking the first chartered flight facilitating students back to ...

Apple's newly-launched iPhone 13 is proving more welcome than expected in China, with some colors of the new series selling out in less than 10 minutes on Friday, crashing the official Apple website and leaving the gadget's presales hard-to-get on ...

Tencent said on Friday that users can access external links in the one-to-one chat scene after upgrading to the latest version of WeChat, a move that came after Chinese industry authorities ordered internet giants including Alibaba and ByteDance to open ...

Since December 2020, McDonald's China has launched its “Members' Day Creative Menu.”

China's Foreign Ministry on Friday called on the World Bank to conduct a full investigation into relevant issues to protect both the credibility of its business environment report and reputation of its members, after the World Bank ended its "Doing ...

The impact of Hurricane Ida on US grain exports was not as great as imagined, and Chinese companies have ordered nearly a million tons of US soybeans, indicating that the reported reroute to Brazil was just "temporary coping tactics," Zhang ...

After China officially applied to join the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), members of the major Asia-Pacific trade pact showed different attitudes, with Japan showing a somewhat ambiguous, cautious stance, while countries like Singapore expressing support. ...

China's Foreign Ministry on Friday said that China's application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has nothing to do with a newly formed defense pact among the US, the UK and Australia, but stressed that ...

The last main magnetic component of the International Thermonuclear Fusion Experimental Reactor (ITER) Tokamak device, the poloidal field superconducting coil PF5, was successfully installed on Thursday, marking the completion of the final milestone of the first stage of the ITER ...

Chinese car companies are very competitive, especially when it comes to software, Tesla CEO Elon Musk said via video at the 2021 edition of World New Energy Vehicle Congress held in South China's Hainan Province on Friday, adding that it ...

Leaders from Guangdong and Macao SAR have been appointed as the co-leaders of the in-depth cooperation zone in Hengqin, the southern part of Zhuhai City in South China's Guangdong Province, after China issued a plan to establish a Guangdong-Macao cooperation ...

China on Thursday officially applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partners (CPTPP), in a landmark move that attests to the country's commitment to global trade liberalization despite the impact of the COVID-19 pandemic and intensifying efforts ...

Cooperation based on mutual respect is the only correct path that will benefit China, the EU, and the global economy. With mutual respect and mutually beneficial cooperation, China and the EU can turn their differences into reciprocal advantages and work ...

The shutdown of port facilities in the Gulf of Mexico due to recent storms, which have caused Chinese grain buyers to seek other routes such as Brazil, won't have a long-term impact on China-US trade and the implementation of the ...

China-Europe freight train trips have witnessed robust growth, with the total number surging 32 percent year-on-year to over 10,000 by the end of August, an official said on Thursday.

China's Customs Tariff Commission of the State Council unveiled on Thursday the fifth list of 81 tax-exempted goods from the US imports that had been hit with additional tariffs as countermeasures in response to the US 301 investigation against China, ...

China officially applies for CPTPP membership

As the Mid-Autumn Festival approaches, Chinese consumers' thirst for travel appears resilient in the face of a recent COVID-19 outbreak in East China's Fujian Province as well as weaker-than-expected retail sales growth in August, according to travel

From life-or-death situations like disaster warning to tiny gadgets like smart watches, Chinese companies displayed how the country's self-developed BeiDou Navigation Satellite System (BDS) has been put into use across many different areas at the First International Summit on BDS ...

China's efforts to reach carbon peak by 2030 and carbon neutrality by 2060 might require an investment of up 300 trillion yuan ($46.6 trillion), a prominent Chinese economist said on Thursday, noting that pursuing the goals will not come at ...

The torch non-fungible token (NFT) issued by 2022 Asian Games in Hangzhou – one of the first blockchain-based digital assets that was distributed by an official organization, were sold out within a second after being made available at Alipay's platform ...

American Express announced Thursday that its joint venture in China - Express (Hangzhou) Technology Service Co together with the China Industrial Bank will introduce two American Express-branded debit cards, the first debit products to support Renminbi transactions on the American ...

A week ago, Chinese and US leaders held a phone call that injected some positive sentiment into what have otherwise been rapidly deteriorating China-US relations. Nevertheless, the US government seems to continue to provoke China on some issues related ...

Australian taxpayers have every reason to demand an answer from the Morrison administration as to why ordinary Australians always end up paying for America's cold war gambit. The US, UK and Australia announced Wednesday the trio would form a new trilateral ...

British-based firm OneWeb launched 34 satellites into orbit from a cosmodrome in Kazakhstan, expanding its in-orbit constellation to 322 satellites, it said on Wednesday.

Silicon Laboratories Inc on Tuesday introduced new chips and software to deepen its pursuit of the internet-of-things (IoT) market after completing a spinoff of several business units earlier this year.

The Global Gateway scheme, which some observers believe aims to compete with the China-proposed Belt and Road Initiative (BRI), is likely inspired by the success of the BRI and will serve to fully demonstrate the effectiveness of Chinese-initiated global infrastructure ...

Canadian National Railway Co said on Wednesday it would not proceed with its $29.6 billion offer for Kansas City Southern, citing regulatory hurdles and paving the way for the US railroad to be bought by rival Canadian Pacific Railway Ltd.

China's electric vehicle sector was boosted by the country's favorable policies, with EV productions and sales taking the first slot in the world for the past six consecutive years, said China' Vice Premier Han Zheng on Thursday.

Apple supplier Foxconn's electric vehicle (EV) project with Byton has been put on hold due to the Chinese startup's worsening financial situation, the Nikkei newspaper reported on Wednesday, citing unidentified sources with knowledge of the matter.

Chinese government officials and industry experts have said that China will try to formulate a set of standard for ultrafast 6G, advancing innovation, and embracing openness and win-win partnerships, despite the challenges from the US and its allies.

2021 is a crucial year for Sudan as the country is making a new, vital step in its political transition. Despite the grave challenges posed by the epidemic and floods both unseen in a century, Sudan has made positive progress ...

Responsible authorities in China will ensure the supply of power battery resources as the cost for domestic manufacturing of new-energy vehicles (NEVs) remains high, a senior Chinese industry official said on Thursday.

Stocks related to China's second-largest property developer Evergrande Group opened lower on Thursday morning as worries over Evergrande's debt crisis deepen.

China's industry and information regulator vowed to strengthen the regulation of data security for the car network sector and will supervise the international transmission and process of data generated by car network.

China's exports of wine produced in Northwest China's Ningxia Hui Autonomous Region saw a year-on-year increase of 46.4 percent in 2020 amid a global downward trend of international trade, the Global Times learnt from the Ningxia government on Wednesday.

The Chinese economy added a total of 9.38 million urban jobs in the first eight months of 2021, accounting 85.3 percent of an official target for new jobs for the full year, official data from the National Bureau of Statistics ...

The growth of China's retail sales, a key economic indicator, slowed down significantly in August as the latest coronavirus flare-up and extreme weather conditions constrained consumption during the summer vacation, according to official data on Wednesday, underscoring lingering challenges and ...