China's central bank and other seven central government departments on Monday issued a notice on strengthening financial support for the development and growth of the private economy. The 25-measure notice emphasized the need to diversify financing channels for private firms, ...

Multiple central government departments pledge to support private enterprises' growth, outlining 25 concrete measures to ensure their financing needs and bolster their technological innovations.

The Chaoyang Branch of the Beijing Municipal Public Security Bureau announced on Saturday evening the launch of an investigation into suspected illegal activities of the wealth company affiliated with the debt-ridden Zhongzhi Enterprise Group (ZEG), in accordance with the law, ...

Some African countries are ready to deepen cooperation with China in the mineral exploration sector, based on their abundant natural reserves and the advancing industrial chain of Chinese companies, to foster mutual benefit. Ambassadors of Ghana and Tanzania to China ...

A customer checks out winter slippers at a supermarket in Guangshan county, Central China's Henan Province on November 26, 2023. Since early November, a large swath of the country has experienced cold spells, gusting winds, and plunging temperatures, as well ...

Centrally administered state-owned enterprises (SOEs) have been asked to prevent and resolve risks in key areas, uphold financial discipline, and display leadership in repaying overdue debts, said a statement issued by China's State-owned Assets Supervision and Administration Commission of the ...

As winter temperatures dip, many Chinese provinces are stepping up efforts to increase energy supplies for heating, by producing more coal, ensure transport capacity while ramp up nuclear power generation as a clean energy for heating.

The Iraqi-Chinese Business Council was set up on Saturday in Baghdad, capital of Iraq, in a bid to help boost bilateral trade and economic ties, Xinhua News Agency reported on Sunday.

China's newly created National Data Bureau (NDB) will collaborate with relevant departments to explore the implementation of a “Data Element X” initiative, focusing on unleashing the multiplier effects of data across a range of scenarios and facilitating the transformation of ...

China on Friday published a document entitled "Vision and Actions for High-Quality Belt and Road Cooperation: Brighter Prospects for the Next Decade," which specified the key areas and directions for Belt and Road cooperation in the next 10 years.

China-Uruguay relations have entered a new step, reaching a historic high level, and unlocking numerous possibilities for intensified cooperation, Fernando Mattos Costa, Minister of Livestock, Agriculture and Fisheries of Uruguay, told the Global Times on Thursday, in an exclusive interview ...

Direct flights from Chengdu in Southwest China's Sichuan Province to Los Angeles, the US, resumed on Friday, on the heels of a new round of flight in-creases between China and the US starting from November 9, which observers said will ...

China will roll out a one-year visa-free policy to citizens from six countries - France, Germany, Italy, the Netherlands, Spain and Malaysia - starting on De-cember 1, 2023, Chinese Foreign Ministry spokesperson Mao Ning said on Friday, as part of ...

China's Ministry of Industry and Information Technology will discuss artificial intelligence (AI) exchanges and communication with the US side based on the result of China-US Summit in San Francisco, Liu Bochao, an MIIT official, said at a seminar in Beijing ...

As concerns over inflation and high price linger on, more US consumers have been growing wary of shopping spending during this year's Black Friday, the US' biggest annual shopping spree that falls on Friday (US Time), the Global Times learned. ...

China has launched a website for the bureau for private economy development under the website of the National Development and Reform Commission (NDRC), as the latest effort to boost the private economy.

Looking back at the fact that China has maintained good relations with both left-wing and right-wing governments in Argentina over the past 20 years, there is no need to be overly pessimistic about the future of China-Argentina relations.

China's Office of the Leading Group for Promoting the Belt and Road Initiative (BRI) released the Vision and Actions for High-Quality Belt and Road Cooperation: Brighter Prospects for the Next Decade, in a bid to further promote the world stabilization ...

From January to September, Indonesia received 570,000 trips from China, more than double the target of 200,000, Nia Niscaya, an expert with the country's Ministry of Tourism and Creative Economy, said on Wednesday in an exclusive interview with the Global ...

China's State Council, the cabinet, on Thursday gave approval for Beijing to cancel the foreign equity limit in local telecom value-added services, in order to further promote the nation's services industry.

US electric car maker Tesla said its Full Self-Driving (FSD) function is now in progress to deploy in the Chinese market, as reported by the Chinese media outlet CHINAFUND on Thursday, citing sources from Tesla China.

Shanghai hopes to further enhance different fields' cooperation with Western Australia - Australia's largest state - said Shanghai Mayor Gong Zheng, when meeting with the state's Premier Roger Cook on Thursday, as there is rising understanding between the two countries.

“About 1.3 million hats will be sold around the world during the Black Friday shopping event. Our inventory is five times the sales of the same period in 2022,” an owner surnamed Liu of a Wenzhou-based hat enterprise told the ...

It seems that US scrutiny of imports from Northwest China's Xinjiang Uygur Autonomous Region is still haunting global industry chains. The development adds to the urgency for China to consolidate and expand Xinjiang's manufacturing presence in global production chains.

China's leading liquor maker Kweichow Moutai and cocktails brand MOJT recently launched a new series of cocktail products, with popular singer Jay Chou invited to be the product ambassador. It's one of the liquor maker's latest efforts to attract younger ...

Exhibitors and visitors enthusiastically embraced the second Global Digital Trade Expo and expressed high hopes of utilizing the platform for fostering international cooperation and sharing the opportunities bought by China's fast-developing digital sector.

China is willing to enhance communication with Japan in areas including export controls and others, in order to promote the stable development of the bilateral economic and trade relationship, Ministry of Commerce (MOFCOM) spokesperson Shu Jueting said on Thursday.

The leadership crisis that engulfed OpenAI for nearly a week may have settled for the moment with Sam Altman's return as CEO, but the public controversy over the corporate power struggle hasn't diminished, with analysts saying the case may have ...

Recent minutes from the Fed's meeting reveal a predisposition among officials to maintain current interest rates throughout the year. With inflation persistently exceeding the 2 percent policy target and the approaching an election year in the US in 2024, the ...

Foreign financial enterprises have expressed full confidence in the prospects of the Chinese economy and vowed further investment in the market amid the country's firm commitment to opening-up in the financial sector and stable economic recovery.

NAVBLUE, a leading services company, wholly owned by Airbus and Air Traffic Management Bureau (ATMB), the institution under the Civil Aviation Administration of China, has signed a long-term cooperation agreement to materialize the production of the on-board Navigation Database in ...

There are no reasons for concern over China's economic development or pouring cool water on China's growth expectations, said Romania's former Prime Minister Adrian Năstase in a recent interview with the Global Times.

China is ready to work with Australia in implementing the important consensuses reached by the two nations' leaders, and help boost high-quality development of bilateral relationship and economic cooperation, Ministry of Commerce (MOFCOM) said on Thursday.

A total of 4.38 million Chinese people will sit the 2024 entrance exam for postgraduate studies when the test will be held from December 23 to 25, down from 4.74 million applicants from last year, data from the Ministry of ...

After entering winter, the northern Henan Province in Central China with abundant wind and photovoltaic resources, has significantly increased new energy power generation.

The China International Supply Chain Expo (CISCE), the first national exhibition worldwide themed on supply chain, is an open platform that China has set up to safeguard global industrial and supply chain stability, Mao Ning, a spokesperson of the Foreign ...

Scotland's Cabinet Secretary for the Constitution, External Affairs and Culture Angus Robertson is visiting three Chinese cities - Beijing, Kunming and Shanghai - from November 23 to 28.

US companies have stepped up their presence in China after the summit between the top leaders of the two countries last week in San Francisco. Chinese observers said it reflects the strong willingness of US business community to bet on ...

The China proposed Belt and Road Initiative (BRI) has brought the vision of “heart connectivity” to reality, and it is a path to common development, multiple ambassadors and officials from BRI partner countries said on Wednesday during a roundtable held ...

The cyberspace security department of Chengdu in Southwest China's Sichuan Province recently arrested a netizen for spreading false information targeting the domestic securities exchange market, China's Ministry of Public Security (MPS) said on Wednesday.

At a family farm in Hongxingqiao township, Huzhou, East China's Zhejiang Province, workers harvest greenhouse rice in a rice-fruit intercropping base. Hongxingqiao is exploring the rice-fruit intercropping model, where rice is grown in fruit greenhouses. This process improves the soil ...

It was really clumsy and unnecessary for Australian Deputy Prime Minister and Defense Minister Richard Marles to try to strengthen Australia's ties with India by sowing discord between China and India.

It's not difficult for US observers and public intellectuals to find that Tesla and Apple are reportedly on the list of companies registered for the first China International Supply Chain Expo (CISCE), which is scheduled to be held from November ...

US chipmaker Broadcom Inc announced that its $61 billion acquisition of cloud computing company VMware closed on Wednesday, having received all required regulatory approvals from global regulators, after China's market regulator approved the merger on Tuesday with restrictive conditions.

Li Zhi, CEO of Intellectivebio, was invited to San Francisco to attend the 2023 APEC CEO Summit and related forums for discussion.

Exports of more Australian goods to China have resumed or soon will amid the continuous thawing of bilateral relations after Australian Prime Minister Anthony Albanese's recent China visit, which injected new impetus into his country's relations with China, its largest ...

Leading chip designer Nvidia said on Tuesday that it will produce newly compliant chips for China, and it forecast, during its third-quarter earnings call, a drop in its China sales in the fourth quarter. This move marks the latest effort ...

The Chinese economy is expected to be on the upswing in 2024, with much stronger momentum than this year, economists said on Wednesday amid a wave of global institutions raising their GDP forecasts for China.

UK enterprises are betting on great dividends from China's opening-up and high-quality development, seeing more opportunities in areas including finance, green energy, vehicles and advanced manufacturing.

China has been opening-up for over 40 years with a brilliant success in economic policy implementation as a result. “As to concerns about the so-called decoupling, my view of that is anything which keeps China integrated with the Western world ...

Tesla won a lawsuit on Wednesday against a Chinese customer who staged a protest during the 2021 Shanghai International Automobile Industry Exhibition. The Tesla owner, surnamed Li, was ordered by court to publicly apologize to the US electric vehicle maker ...

Overseas-funded companies are showing their rising interest in China's digital transformation, and are exploring further opportunities in the Chinese market, as the country's policymakers focused on the nation's high-quality development.

China is willing to explore investment opportunities in new energy, digital economy, 5G and other emerging areas with Brazil, on the basis of consolidating cooperation in traditional areas, China's Vice Minister of Commerce Wang Shouwen said at a meeting with ...

A Foxconn-affiliated company Industrial Fulian, a subsidiary of Foxconn, was fined 20,000 yuan ($2,816) by the taxation department in Wuhan, Central China's Hubei Province, as a data service company showed. The fine came after Chinese mainland tax authorities conducted tax ...

Chinese lithium-ion battery giant Contemporary Amperex Technology (CATL), together with Stellantis NV, a carmaker based in the Netherlands, announced on Tuesday the signing of a non-binding Memorandum of Understanding (MoU).

After Javier Milei from the far-right Liberty Advances coalition won Argentina's presidential runoff on Sunday, the direction of Argentina's political and economic future has attracted great attention and triggered hot discussion. Amid the uncertainty, with its economy under severe pressure, ...

The number of US exhibitors registered for the first China International Supply Chain Expo (CISCE) is much higher than expected, accounting for 20 percent of all foreign exhibitors, underscoring deepening China-US cooperation in stabilizing global supply chains, the China Council ...

A flight operated by Air China departed from Beijing on Tuesday, heading to Washington, marking the first direct flight from China to the US operated by a Chinese airline since the two countries further increased direct flights in the new ...

The situation of 40 workers trapped in a tunnel collapse in Uttarakhand, a northern Indian state bordering China, has entered its 10th day. After earlier rescue attempts failed, the heart-rending rescue operation finally brought good news.

Western media outlets have intensified their hype on Chinese-made vehicles' "threat" to international brands and overseas markets by focusing their attention on the hybrid vehicle segment, a type of vehicle that belongs to the new-energy vehicle (NEV) sector alongside pure ...

After an 18-month effort, Sunac China Holdings completed the entire process of overseas debt restructuring, becoming the nation's first large real estate enterprise to wrap up a domestic and overseas debt restructuring. This landmark development provides a crucial demonstration for ...

While short dramas are currently making waves in China's A-share market, the same trend has also swept across international markets. A short drama app under a Chinese enterprise even briefly surpassed TikTok, claiming the top spot on the US iOS ...

The Shanghai Stock Exchange (SSE) and Dubai Financial Market (DFM) signed an agreement on Monday to co-develop financial products, a milestone in China's financial opening-up and a sign of deepening cooperation between China and the Middle East.

Along the west coast of the US, the Port of Los Angeles is a hive of activity, with massive container ships constantly coming and going.

China will have 2.3 billion Internet of Things (IoT) devices by the end of 2023, up 30 percent year-on-year. The country is now leading the development of IoT with advanced Internet infrastructure and innovative applications.

China's foreign ministry on Tuesday said there is a misunderstanding concerning Argentine President-elect Javier Milei's foreign policy. The ministry noted that it would be a grave mistake for Argentina to sever ties with major partners, like China or Brazil.

China's annual economic growth rate is expected to reach 5 percent or higher in 2023, despite some short-term challenges, and Standard Chartered will continue to invest in China to explore tremendous opportunities, Jose Vinals, group chairman of UK-based international bank ...

Chinese listed tourism companies have published their third-quarter financial reports. With the strong recovery of the travel business post-pandemic, these enterprises have experienced a sharp rise in earnings, with the majority reporting strong performance in both revenue and net profit.

Australian businesses are willing to continue and expand their exports to China, and the business are experiencing improving conditions after Australian Prime Minister Anthony Albanese's recent visit in China, Daryl Guppy, once a board member of the Australia China ...

Recently, a nationwide super-large intelligent raw material conveyor corridor controlled by electric robots was put into operation in Changzhou city, Jiangsu Province. The State Grid Changzhou Electric Power Supply Company sent a dedicated service team to inspect the 110 kV ...

Chinese property developer Sunac China Holding announced on Monday that each of the company's restructuring conditions has been satisfied and the debt restructuring plan can now commence.

The yuan gained to 7.1612 against the US dollar on Monday, its highest value since mid-August. Analysts said the yuan may see further appreciation in December. ​

China resumed imports of Australian barley in October, with the amount reaching 313,700 tons worth $88.4 million, according to data released by the General Administration of Customs (GAC) on Monday.

Walt Disney Company, the US entertainment conglomerate, is expediting its business exploration in the Chinese market, fully tapping the market's huge potential in particular in the wake of the pandemic when the world's second largest economy is seeing its consumption ...

China is making every effort to integrate its pursuit of carbon goals further into its economic development amid Western questions about whether the country will meet its 2030 carbon pledge. The latest example of such efforts is the coming reboot ...

South Korea's oyster exports to China amounted to $2.7 million (19.55 million yuan) from January to October this year, an increase of nearly three times year-on-year, China Media Group (CMG) reported on Sunday night. The East Asian country's seafood is ...

The first China International Supply Chain Expo (CISCE) will have 26 percent international exhibitors, with 36 percent of that group coming from Europe and the US, event organizer said on Monday, as global companies show their opposition through actions to ...

China's gross ocean product in the first three quarters of 2023 grew by 5.8 percent year-on-year, reaching 7.2 trillion yuan ($1 trillion), showcasing a steady recovery, data from China's Ministry of Natural Resources (MNR) showed on Monday according to preliminary ...

Luxshare, one of Apple's largest Chinese component and finished product makers, is shifting its new investment of $330 million to Vietnam from India, where it failed to expand its business after several attempts over nearly three years, according to media ...

The People's Bank of China (PBC), the central bank, and the Saudi Central Bank have signed a local currency swap agreement. The swap size is 50 billion yuan ($6.98 billion) or 26 billion Saudi riyals. It will be valid for ...

US payment company Mastercard's Chinese joint venture (JV) told the Global Times on Monday that it will offer yuan bank cards under the MasterCard brand as soon as possible, and support card holders to make payments involving more than 100 ...

China's investment into green hydrogen industry, which produces hydrogen using renewable energy, has reached 300 billion yuan ($42.04 billion) year-to-date, the state broadcaster CCTV reported on Monday.

Once sitting among the top of the world's list of most polluted cities, Beijing has achieved “a staggering success” in fighting air pollution thanks to the government's resolve to make a big difference by significantly cutting emissions in the city.

Chinese Premier Li Qiang presided over a meeting of the Central Financial Commission on Monday, which adopted a program for the division of key tasks related to the promotion of high-quality financial development. The meeting emphasized that efforts should be ...

Dealers purchase traditional Chinese medicinal herbs at a Chinese medicinal materials market in Bozhou, East China's Anhui Province on November 19, 2023. It's the busiest time of year for this market. Bozhou is an important birthplace of traditional Chinese medicine ...

A newly built high-speed railway (HSR) with a top speed of 350 kilometers per hour connecting Chengdu and Yibin, two cities in Southwest China's Sichuan Province, finished joint debugging and testing, and entered trial operation on Sunday, according to China ...

With falling temperatures and more snow in November, peak season has come for winter tourism in some Chinese cities. Thanks to the spillover effect of the Beijing 2022 Winter Olympics, winter tourism will further boost local economies and release their ...

The just-ended Asia-Pacific Economic Cooperation (APEC) meetings, where Chinese leaders and industry representatives stressed the importance of openness and inclusiveness in development, brought the Chinese business community stronger confidence in cooperation in the Asia-Pacific region.

80 mega theme parks in Chinahosted over 7.57 million visitors in 2022 and the opening of 10 new mega theme parks lifted major theme park revenues to 15.35 billion yuan ($2.13 billion), recorded a year-on-year increase of 15.29 percent, according ...

The People's Bank of China (PBOC), the central bank, and the National Administration of Financial Regulation granted a bank card clearing license to the US payment company MasterCard on Friday, as announced by the PBOC on Sunday.

On November 15, the National Bureau of Statistics released economic data for October. The added value of industries above designated size increased by 4.6 percent year-on-year, accelerated by 0.1 percentage points over the previous month. Total retail sales of consumer ...

Serene Air, a private carrier from Pakistan, launched a route from Karachi to Beijing Daxing International Airport on Sunday, a further move to increase personnel exchanges between China and Pakistan.

With China-Africa cooperation increasingly flourishing now, it is not hard to see Western opinion regards Africa as a key region in the race with China for geopolitical influence.

Luxshare, one of Apple's largest Chinese component and finished product makers, is shifting its new investment of $330 million to Vietnam from India, where it failed to expand its business, according to media reports.

China's largest ever high-tech trade fair concluded on Sunday, showcasing China's strength in technological innovation with global companies expressing their desire to actively engage in cooperation with Chinese enterprises and confidence in the Chinese market.

The European Union (EU) believes ramping up pressure on China is the only way to tackle it trade deficit with the world's second-largest economy, and recently, Karel De Gucht, former European trade commissioner, claimed that the EU is "not hard ...

China's photovoltaic (PV) companies have contributed significantly to the ongoing global clean energy shift and are gearing up to accelerate the great transformation, said industry players and experts, noting that Chinese companies now hold a global edge in the transition, ...

WPS Office apologized on Saturday night for its inappropriate representations in the privacy policy, affirming that all user documents will not be used for any artificial intelligent (AI) training purposes.

China's Minister of Commerce Wang Wentao and US Commerce Secretary Gina Raimondo held the first ministerial-level meeting under the communication mechanism of commerce authorities of the two countries on Thursday in San Francisco, where they engaged in "practical, constructive and ...

Chinese firms have made significant contributions in the energy transformation process globally, Li Zhenguo, president of LONGi Green Energy Technology Co, told the Global Times in an exclusive interview on the sidelines of the 2023 Asia Pacific Economic Cooperation (APEC) ...