After China resumed group tour services to 20 countries and regions in a pilot program, more Chinese tour groups departed on Tuesday for destinations in Southeast Asia and beyond, and bookings for trips to other places like New Zealand are surging, said Chinese travel agencies.
Chinese tech company Baidu is expected to launch a ChatGPT-style bot, named ERNIE Bot, which will open for public use in March, making it the first among its Chinese counterparts in joining a global race in the artificial intelligence (AI) chatbot sector after OpenAI's ChatGPT prompted widespread attention.
There is basically no doubt about the prospects that China will continue adopting a prudent monetary policy to promote economic recovery in 2023, but there seems to be uncertainty in ...
While the Japanese government maintains its COVID-19 border control rules for travelers from China, which were strengthened late last year, some Japanese media outlets continue to report that the country's ...
Chinese rescue teams have chartered domestic airlines to fly to earthquake-stricken Turkey to carry out rescue missions.
China's central bank said on Tuesday that it has signed a memorandum of understanding (MOU) on setting up yuan clearing arrangements in Brazil with the Central Bank of Brazil.
Chinese-backed projects have reported only a limited impact after the recent giant earthquake and subsequent aftershocks devastated parts of the eastern Mediterranean, affecting Turkey and Syria.
ByteDance's Douyin, the Chinese version of TikTok, said that it is considering expanding the pilot cities for group buying deliveries, a move to further tap online busin
It is understandable that the stance of different EU members may vary widely on specific issues. However, European countries are generally unwilling to pay the huge costs of "decoupling" from China because it harms their interests.
Khunjerab Port on the China-Pakistan border will play a bigger role in the future as China-Pakistan Economic Corridor (CPEC) further advances and it is expected to play an exemplary role for the entire Belt and Road construction, Counsellor of the ...
China's foreign exchange reserves, the world's largest, rose for a fourth month in January, official data showed on Tuesday.
With China reopening its borders and the gradual recovery of cross-border travel, those in the cruise industry market say they are taking a hopeful look into the earliest possible reopening of China's cruise market, which was the world's second-largest before ...
Brussels is posed to push back against the US' huge subsidies for green technologies as France and Germany's economic ministers reportedly started talks with US officials on Tuesday to ask Washington not to poach business from European companies.
Authorities of Central China's Henan Province announced on Tuesday that all commercial housing projects supported by local government loans should be completed by the end of October 2023, local media reported.
Chinese tech company Baidu is expected to launch a ChatGPT-style bot, named ERNIE, which will open for public use in March, Baidu told the Global Times on Tuesday, noting that ERNIE may start “beta testing earlier to keep up with ...
Chinese Commerce Minister Wang Wentao on Monday held a video meeting with Australian Trade Minister Don Farrell, the first meeting between a Chinese commerce minister and an Australian trade minister in three years. Both sides described the meeting as an ...
China has unveiled a plan to steer its economy toward high-quality development as the country eyes a multi-faceted transition toward new strengths that center around technologies, standards, brands and services, according to the Xinhua News Agency on Monday.
At a time when the Biden administration is reportedly preparing an executive order to restrict US investors' investment in China's key technology industries, US investors' growing favor for China's AI sector reflects their confidence in the Chinese economy and optimistic ...
Workers hoist turbine rotors in a factory in Harbin, Northeast China's Heilongjiang Province, on February 6, 2023. The Harbin Turbine Co has accelerated production since the beginning of the New Year, aiming to realize 50 percent-plus year-on-year growth in the ...
To encourage foreign automakers to test their vehicles in India, import duty will be removed for automobiles brought in for testing at the country's vehicle testing agencies such as International Center for Automotive Technology (iCAT), the Economic Times reported on ...
China's willingness to make due efforts to alleviate the debt distress of developing countries does not mean that the IMF or the West can force China to accept Western rules or conditions on debt relief.
The operator company of video platform Renren Video, Shanghai Zhongduomei Network Technology Co, has been accused by multiple copyright owners of network infringement, Chinese company information site Tianyancha revealed.
On Monday, the first batch of Chinese outbound group tours after the pandemic departed from major cities across the nation, heading to destinations ranging from Thailand, Singapore to the United Arab Emirates (UAE) - for many, it's a day that ...
China and Australia agreed to properly handle each other's key trade concerns while conducting professional, pragmatic and candid exchanges on the development of the next stage of bilateral economic relations, according to the video meeting between China's Minister of Commerce ...
In 1986, Japan was forced by the US into an agreement that led to the dismantling of its once world-leading chip industry. Now, Japan wants to revive the sector, but it must take orders from the US again to target ...
Southeast Asian countries like Thailand and Laos were the first destinations for many Chinese tourists as China officially started a pilot program of outbound group tours to 20 countries, mostly Southeast Asian nations, on Monday.
Hong Kong's stock exchange operator announced on Monday the signing of a memorandum of understanding (MOU) with its Saudi Arabian counterpart to explore partnerships in cross-listings as the Asian financial hub is pitching for Saudi Aramco's listing in Hong Kong.
Immediately after the Chinese Spring Festival holidays, China's local governments and enterprises are striving to enroll more workers as the economy is rapidly rebounding.
The first ship loaded with 10,000 tons of Russian corn left Russia's Zarubino Port and will arrive in the Port of Qingdao in East China's Shandong Province within days, the Global Times learned on Monday.
The Chinese mainland fully resumed normal travel with the Hong Kong and Macao special administrative regions (SARs) on Monday, with the first batch of mainland visitors arriving in the two SARs and searches for trips skyrocketing.
China and Australian trade ministers hold video talks Monday vowing to properly address each other's major economic and trade concerns
China's Ministry of Industry and Information Technology (MIIT) on Monday announced to reform current network access licensing system to telecommunication devices, incorporating satellite network devices into the license administration mechanism.
The first flight in three years carrying a Chinese outbound tourist group took off early Monday morning after China resumed pilot outbound tours following the country's optimization of epidemic control measures.
Chinese cities launched digital yuan activities worth over 180 million yuan ($26.6 million) to promote consumption during the Spring Festival holidays, including subsidies, consumption coupons and other programs, according to media reports on Sunday.
From surging tourism orders and movie box office during the Spring Festival holidays to rising spending on festival products and food for Lantern Festival, holiday shopping boom is prolonged and stronger at the beginning of the Year of the Rabbit ...
The beleaguered business empire of Indian multi-billionaire Gautam Adani, reportedly a close ally of Prime Minister Narendra Modi, is swirled in an evolving “credibility crisis” after a US investment company accused it of financial frauds.
US tech giant Apple planned to offer a discount of 700 yuan ($103) for all iPhone 14 Pro models in China starting from Sunday, Chinese media outlets reported, citing an internal document of SUNPIE, an Apple authorized dealer. On some ...
The EU imposed new price caps on Russian refined oil products on Sunday, the latest Western sanctions on Russian oil exports since the eruption of the Ukraine-Russia military conflict last year. But analysts said the EU policy change is unlikely ...
Hong Kong Special Administrative Region (HKSAR)'s Chief Executive John Lee Ka-chiu is leading a delegation to visit the Middle East, aiming to deepen economic and trade cooperation with countries in the region and exploring opportunities under the Belt and Road ...
ChatGPT, OpenAI's highly-regarded chatbot, is making a splash worldwide and has been stirring up excitement within the Chinese AI community recently. Discussing its "impressive yet imperfect performance", some industry players also raised a question: How far are we from a ...
Wuxi in East China's Jiangsu Province has unveiled the nation's first draft regulation on the development of internet of vehicles, providing comprehensive support for commercial operations of the emerging sector, local media Wuxi Daily reported on Saturday.
Chinese travel agencies are preparing for the resumption of outbound group tour services starting from Monday, with the first batch of tourists set out for countries including Thailand and Laos.
The Japanese government's move of proactively following the US' lead by being part of Washington's "tech decoupling" from China will put its enterprises, which are trying to expand in the world's largest semiconductors market, in the crosshairs, experts told the ...
The full resumption of cross-border travel between the Chinese mainland and Hong Kong Special Administrative Region (HKSAR), set on Monday, will rev up business, tourism and other economic activities in Hong Kong and bring more optimistic expectations for the city's ...
Lantern Festival boosts consumption in China -Sales revenue of yuanxiao dumplings: up 113% y-o-y -Lantern sales: up 130% y-o-y -Booking for Lantern Festival activities: up 300% y-o-y
China's new offshore wind power project, the phase-2 of Liuao wind power field with generating capacity of 16 megawatts plans to add more turbines in Zhangpu, East China's Fujian Province, China Three Gorges Corporation (CTG), the builder of the field, ...
International organizations and investment banks intensively raised their projections for China's economic growth in 2023 following impressive recovery of the country's consumption market during the Spring Festival holidays. Some economists on an optimistic note predicted China's GDP may post strong ...
The China Securities Regulatory Commission (CSRC) has given approval for Morgan Stanley to take a controlling stake in its fund management firm Morgan Stanley Huaxin Fund Management Co, read an announcement on Friday.
With outbound tour group services set to resume on February 6, travel agencies are seeing strong demand for the tours and there has been a sharp increase in the number of passport applications.
The roaring comeback of the world's second-largest economy could contribute greatly to global growth in 2023 driven by a strong consumption rebound, said a senior official with the International Monetary Fund (IMF), noting that the impact of China's growth will ...
China's financial hub of Shanghai witnessed a record $23.9 billion in actual use of foreign investment in 2022, which partly shows its appeal for foreign investment while China effectively contained the epidemic.
China's services activity experienced a rapid rebound in January, with the index for services activity hitting a five-month high, as the overall COVID-19 epidemic situation has improved and strict epidemic prevention and control measures have been largely relaxed, according to ...
Hong Kong officials, industry representatives and residents applauded the latest announcement of full resumption of cross-border travel between the special administrative region (SAR) and the Chinese mainland with a palpable excitement that was widely shared on Friday. The city's full-scale ...
Hui Ka Yan, founder of real estate developer China Evergrande Group, reportedly presided over a group marketing meeting on Thursday, asking to resume project sales and issue assessment tasks for staff as the domestic real estate market sees signs of ...
The search volume of air tickets between Hong Kong Special Administrative Region (HKSAR) and mainland soared following the official announcement on Friday morning to scrap quota limitations on personnel exchanges and resume group tours starting February 6.
The inauguration ceremony for the K-3 Hualong No.1 nuclear power unit was held in Pakistan on Thursday, marking the first time China has officially delivered its self-built third generation nuclear power technology to a foreign country, China National Nuclear Corporation ...
China's Ministry of Commerce (MOFCOM) on Thursday vowed to ramp up efforts to stabilize exports as a pillar of its national economy in 2023, while leveraging the advantages of its colossal market and increasing imports of quality products from other ...
Days after the China ushered in the Year of the Rabbit with a particularly festive Spring Festival, President Xi Jinping rallied the nation for one of the most pressing tasks: Tackling the technological "bottleneck" to secure long-term high-quality development. ...
A team of Chinese scientists and their overseas counterparts have for the first time discovered evidence of a lunar tide-induced signal in the Earth's plasmasphere, the inner region of the magnetosphere, which is filled with cold plasma.
The new Fiji government is reportedly planning to suspend a police training agreement with China, a move that comes amid ramped-up efforts by the US and Australia to develop ties with South Pacific Islands to ostracize China.
China's indigenously-developed AG600 large amphibious aircraft has entered the airworthiness flight-test phase, the Aviation Industry Corporation of China (AVIC) announced on Wednesday.
Chinese electric vehicle battery giant Contemporary Amperex Technology Co (CATL) is planning to raise at least $5 billion by listing global depositary receipts (GDR) in Switzerland as early as May, Reuters reported on Wednesday.
China's securities regulator on Thursday vowed an all-out effort to fully expand a registration-based IPO system this year, adding fuel to expectations of a more vibrant A-share market following draft rules unveiled Wednesday that intend to anchor the Chinese mainland ...
Shortly after China witnessed a better-than-expected economic recovery during the just-concluded Spring Festival holidays, top policymakers have moved swiftly to signal that they will ramp up efforts to not only boost growth this year but also ensure high-quality development in ...
The Chinese Ministry of Commerce (MOFCOM) confirmed on Thursday that top trade officials from China and Australia will meet online next week, marking a significant turning point in bilateral trade ties, as more positive signs point to improving relations between ...
Railway and air travels in China showed a stable recovery as the Spring Festival travel rush, or Chunyun, entered its second half, industry data showed on Thursday.
South Korea's semiconductors export to China, its largest trade partner, almost halved in January, impacted by the US' stepped-up chip war against China. But Chinese experts said South Korean chipmakers can't afford to lose the massive Chinese market.
Remarkable progress has been made in reforming China's state-owned enterprises (SOEs), with major tasks in a three-year action plan all now completed, involving about 80,000 enterprises.
After China moved to reopen its borders on January 8, foreign customers have been busy applying for visas to visit China, and a large number of foreign buyers have entered the country, Yiwu-based businessmen told the Global Times.
A year ago, the backlog of dead stock piled high in cold storage was a big headache for Gabriel Freitas, a Brazilian trader.
In what could be the world's largest welcoming initiative, Hong Kong will offer half a million free air tickets to mark the return of visitors as the city fights its way back to normal from COVID-19 and eyes a complete ...
It is the US government's approach to politicize and weaponize technology, economic and trade issues that will truly endanger the US' photovoltaic industry.
Multiple Chinese cities have started to explore the transformation of their unused mobile cabin hospitals, also called makeshift Fangcang hospitals, into other facilities such as apartments, temporary fever clinics or for other uses. The Hong Kong Special Administrative Region is ...
Cracks found in a China-built hydropower plant in Ecuador will not affect its operation and safety, and the plant is safe for its 50-year design life, but some foreign media outlets have produced one-sided reports that do not give the ...
During the Spring Festival holidays, Northwest China's Xinjiang received more than 4.78 million tourists, up 32.79 percent from last year and bringing the total tourism income to 3.551 billion yuan. Among all the tourist attractions, ski resorts were the most ...
The Chinese mainland aviation authorities on Wednesday reached out to Taiwan authorities and urged them to resume normal operation of cross-Straits flights at an appropriate time to benefit Taiwan compatriots, according to a mainland official.
Chinese regulators announced plans to expand the registration-based IPO system across the A-share market on Wednesday, in an effort to expand the capital market and ratchet up the ratio of direct financing to meet the needs of economic development.
The ban on Russian domestic oil exports under contracts that include a price cap on its crude imposed by the Russian government took effect on Wednesday and will last until July 1, in response to the price cap mechanism imposed ...
China will ramp up efforts to stand on its own feet in science and technology and solve the issue of foreign stranglehold in the sphere, as part of a push for the country to become a global forerunner in key ...
Boeing Co Chief Executive Dave Calhoun on Tuesday pointed toward future increases in narrow-body jet production and voiced hopes that "an upcoming visit to China by US Secretary of State Antony Blinken would lead eventually to robust plane orders," Reuters ...
China and India have massive potential to cooperate and contribute to global development, but hurdles are rising, as the US steps up its attempt to loop India into its containment strategy against China.
Chinese heater makers are preparing for a potential boom in demand from the US amid high energy prices and power disruptions due to winter storms.
The US government's latest ill-intended report on “notorious markets,” repeating frivolous claims against China's protection of intellectual property rights (IPRs) and operation of Chinese online platforms, is a political tool and lacks any credibility, Chinese experts said on Wednesday.
A recent survey conducted by the Global Times Research Center with 405 mid and senior-level executives from domestic and overseas companies showed that more than half of the respondents are either very or relatively confident of China's economic recovery ...
China has been persistently promoting scientific and technological innovation, which is evidenced by the rising number of valid invention patents and increasing research and development spending.
As the competition between China and the US in the global industrial chain reaches white hot levels, people often talked about the regionalization or localization of supply chains, a topic often raised together with supply chain diversification. These are the ...
The US is enlisting India to join its small circle to contain China's technology rise by launching the US-India initiative on Critical and Emerging Technology (iCET), but Chinese experts play down Washington's “wishful thinking” as non-aligned India is unlikely to ...
Chinese securities regulator announces the adoption of registration-based IPO system across A-share market
The Chinese yuan rose against the US dollar for the third month in a row with its value appreciating nearly 3 percent in January. Analysts expect that yuan's upward trajectory would continue in 2023, fueled by a resurgent Chinese economy, ...
The Russian government has approved a draft intergovernmental agreement on gas supplies to China through the Far Eastern route, with the two countries encouraging payments in their own national currencies, Tass reported on Monday.
China's factory and services activity expanded for the first time in four months in January -- a clear sign of economic recovery. The manufacturing PMI bounced back into expansion at 50.1, while non-manufacturing PMI stood at 54.4, up from 41.6 ...
China's largest video sharing platform Douyin has launched an online e-commerce service. The entry of Douyin into the online supermarket will increase the competition in the already hotly contested e-commerce sector, experts said.
China's private Caixin Manufacturing Purchasing Managers' Index (PMI) edged up to 49.2 in January, from the previous month's reading of 49. Though it has remained in contraction territory for six consecutive months, businesses have expressed increased optimism, according to a ...
As China's economy embarks on a rapid recovery, some Western media reports seek to blame China for high global inflation in 2023. But such nonsense won't change the fact that China is making greater contributions to global growth, while the ...
Chinese Premier Li Keqiang inspected the People's Bank of China and State Administration of Foreign Exchange on Monday, during which he called for further strengthening of financial support for the expansion of domestic consumption, according to China Media Group on ...
China's factory and services activity expanded for the first time in four months in January -- one of the first signs of economic recovery after the country's optimization of coronavirus management in December.
Chinese tourism enterprises got off to a strong start in the Year of Rabbit, arranging outbound group tours ahead of the resumption of such programs on February 6. Many leading Chinese travel firms plan to fly out the first batch ...
The Biden administration has reportedly halted approving licenses for US suppliers to export most items to Chinese tech company Huawei, and is weighing complete ban to cut Huawei off from all American suppliers, a sign that paranoid Washington has taken ...
The Chinese mainland equity market set a new record on Tuesday, with daily net purchases of A-shares via the northbound trading link system exceeding 10 billion yuan ($1.48 billion) for the fifth time in a single month.
TikTok CEO Shou Zi Chew will appear before the US Energy and Commerce Committee in March to testify on TikTok's consumer privacy and data security practices. It will be Chew's first appearance before a Congressional committee, said Representative Cathy McMorris ...
Samsung, South Korea's largest company, said profits at its chip division plunged more than 90 percent to 270 billion won ($220 million) in the fourth quarter of 2022, according to media reports. Diving profits at the South Korean electronics giant's ...
China' auto manufacturer Geely Technology Group announced on Tuesday that the flying car developed by its aviation affiliate Aerofugia has successfully taken to the air, the first flight in the Year of Rabbit, marking that the test verification of the ...
A Chinese steel firm has resumed to purchase Australian coal products, with the first shipment of about 72,000 tons of coking coal expected to arrive at Zhanjiang Port, South China's Guangdong Province on February 8, industry insiders told the Global ...
Ahead of the Spring Festival holidays, the first after China entered a new phase of COVID response, many foreign media made dire predictions about China's epidemic situation and economic recovery, with some even declaring a "COVID catastrophe." However, what transpired ...