The 2023 Zhongguancun (ZGC) Forum wrapped up on Tuesday after several days of meetings and exhibitions in Beijing, with officials announcing major achievements such as the unveiling of scientific and technological advances and the signing of billions of dollars worth of deals.
Power suppliers across China are ramping up to deal with an energy consumption peak that has come ahead of schedule amid a tight balance of supply, driven by hot weather in many areas.
While the resumption of ministerial talks on China-US trade is a welcome development, a real breakthrough for any substantial improvement in bilateral economic and trade relations would require the US ...
An important context of Elon Musk's visit to China is that Tesla has started shipping vehicles to North America market from its Shanghai factory, which shows foreign companies like Tesla ...
The Chinese mainland respects Taiwan-funded companies to independently choose their listing place, Zhu Fenglian, spokesperson from the Taiwan Affairs Office of the State Council told a press conference on Wednesday.
The agenda of Tesla Inc CEO Elon Musk, who is visiting China for the first time in three years, has become a closely watched subject on Chinese social media.
The New Development Bank (NDB) – an important milestone in BRICS (Brazil, Russia, India, China and South Africa) cooperation – is envisioned to be tasked with a number of key missions for developing countries, such as strengthening the voices of ...
Central China's Henan Province, one of the country's major grain producing regions, vowed to make available 200 million yuan ($28.22 million) of emergency funding to secure the output of wheat amid the impact from abnormal rainy weather, local press Henan ...
Chinese State Councilor and Foreign Minister Qin Gang and Tesla founder Elon Musk met in Beijing on Tuesday, as a stream of foreign CEOs had visited China. This is happening as the world's second largest economy strives toward high-level opening-up ...
Shanghai issued a 20-point measure to support private-sector investment on Tuesday, aiming to boost high-quality economic development.
The number of tourists from the Chinese mainland traveling to Hong Kong Special Administrative Region (HKSAR) has surged amid a variety of efforts to boost personnel exchanges following full resumption of border crossings. Business insiders and experts said the new ...
Visa applications by Chinese have already recovered to reach 35 percent of the pre-pandemic levels as of May 2023, driven by the pent-up travel demand after the opening of international borders, according to VFS Global, an outsourcing and technology services ...
The New Development Bank (NDB), based in Shanghai, has successfully issued 8.5 billion yuan ($1.2 billion) bonds at the China Interbank Bond Market, as part of its strategy to diversify the Bank's presence in capital markets and mobilize resources for ...
Shanghai welcomes more French companies to invest in Shanghai including more new projects, businesses and technology to Shanghai, Shanghai Mayor Gong Zheng said in a meeting with the French ambassador to China on Monday, according to Shanghaifabu, the official WeChat ...
China is now the most important market for Australia's wool industry, with exports to China reportedly accounting for 82 percent of its wool clip exports. This trend is expected to continue amid significant improvement in China-Australia relations as well as ...
Chinese authorities will further elevate publicity efforts for supportive policies for youth employment, a move illustrating China's continuous efforts to stabilize youth employment.
The flagship store of Swedish apparel brand H&M in Beijing is set to close on June 11 due to the expiration of its rental contract, according to in-store signs. This closure follows the shutdown of H&M's first store in China, ...
Even though the US has frantically increased its attacks on China in recent months, rational voices underlining China's role as a key partner have emerged in America's European allies. The latest example is remarks from Liesje Schreinemacher, the Dutch minister ...
The maiden commercial flight by China's first domestically-manufactured large passenger aircraft C919 on Sunday marks its official entry into the civil aviation market, which represents not only a milestone for China's high-end manufacturing, but also ushers in a new era ...
Argentine Economy Minister Sergio Massa will reportedly seek an expansion of the nation's currency swap line during a trip to China this week, a move observers said will help the Latin American country hedge against diminishing dollar reserves.
China will take brain-computer interface (BCI) as an important direction in developing future industry, and the country has formed an entire industry chain covering basic (research), technological and application layers, with applications already launched in such fields as medicine, education, ...
Some traditional allies of US like Australia and UK have recently complained that the US' reckless “decoupling” from China has led to losses to their economies -- a phenomenon that experts said indicates the harm caused by Washington's bashing-China policies. ...
A China-Africa cross-border yuan settlement center has opened in Yiwu, the world's largest wholesale market for small commodities, in East China's Zhejiang Province, according to Yiwufabu, the official WeChat account of the Yiwu government on Monday.
It's durian season, and online, some Chinese internet users are sharing the fun experience of opening “durian blind boxes,” betting on the size of the durian flesh inside. Those with full and rich flesh are called “repaying durians,” while those ...
Chinese Commerce Minister Wang Wentao called on Japan to correct wrongdoings in restricting exports of semiconductor-related manufacturing equipment to China, which has severely violated international economic and trade rules, according to a statement from the Ministry of Commerce (MOFCOM) on ...
US President Joe Biden said during the G7 meeting in Hiroshima, Japan earlier this month that he "is expecting" a thawing in Sino-American tensions "soon," which has raised hopes and optimism that the steady deterioration in bilateral relations since his ...
Chinese authorities have issued a plan to explore the use of artificial intelligence (AI), virtual reality (VR) and other technologies to improve experimental teaching, among a series of measures aimed at strengthening scientific education for primary and secondary school students.
Following the domestically manufactured C919's successful debut of its commercial flight on Sunday, the plane has entered regular service, flying from Shanghai to Chengdu in Southwest China's Sichuan Province, on Monday.
Merchant fleets run by Chinese provinces are actively exploring Belt and Road markets through setting up more shipping routes linked with overseas ports to bank on the opportunities created by the initiative.
China's UnionPay surpassed Visa for the first time in 2022, securing 40.03 percent of global debit card transactions, China Media Group (CMG) reported on Sunday, citing latest statistics compiled by industry platform Nilson Report.
Following the successful landing of a home-made C919 aircraft, a group photo of passengers on board sparked discussion among Chinese netizens and domestic aviation fans as they expressed their excitement and pride on Chinese social media platforms.
The US move of labeling China for committing "economic coercion" is putting its allies like South Korea in an awkward position when it comes to the latter's normal economic and trade cooperation with China. Their economies could face significant risks ...
It is indisputable that our planet is becoming hotter and we are exposed to rising risk of heat stress in the summertime because of global climate change. Temperatures on Earth are predicted to soar to record highs over the next ...
C919, China's self-developed large passenger aircraft, completed its inaugural commercial flight from Shanghai to Beijing on Sunday, creating a milestone in China's aviation industry, which aims to compete with global players such as Boeing.
China will fully promote the deepening and strengthening of the registration-based IPO system while allocating more resources to support scientific and innovative enterprises, an official said on Saturday.
Chinese scientists showcased cell-cultured meat production technology at the ongoing 2023 Zhongguancun (ZGC) Forum in Beijing, through which different kinds of meat could be produced artificially such as pork steaks and chicken breasts, media reports said on Sunday.
The profit decline of China's major industrial enterprises continued to narrow in April with revenues growing faster, official data showed, maintaining a recovery trend.
Industry insiders are optimistic about the approval of new nuclear power projects this year, with some companies saying that orders on hand have returned to historic highs as China accelerates its move to low-carbon development.
The New Development Bank (NDB), also known as the “BRICS bank,” is in talks with Saudi Arabia on admitting the Middle Eastern nation as its ninth member, which would strengthen the NDB's funding options amid the impact of the Russia-Ukraine ...
The US Commerce Department on Saturday said that the US has substantially completed a deal with its allies in Indo-Pacific Economic Framework (IPEF) talks amid what it called "economic coercion" by China, after China banned US semiconductor company Micron.
The deadlocked debt ceiling talks between US President Joe Biden and the House Republican speaker Kevin McCarthy finally showed a beam of hope, with the two sides reportedly reaching a deal "in principle" just a couple of days before the ...
"Amazing! Amazing! Amazing!" That's the reaction of Siddiqui Mohammad Ashraf from the Qatar Tribune to the hustle and bustle in a busy China-Kazakhstan logistics cooperation base in Lianyungang, Jiangsu province.
The Shenzhen Real Estate Intermediary Association in South China's Guangdong Province released a notice on Friday, cautioning local agencies to avoid participating in or assisting the illegal practices of "zero down payment" and "negative down payment," which have sparked discussion ...
"We receive about 400 visitors every day during weekdays and up to 2,000 visitors in weekends," a tour guide surnamed Wang told the Global Times on Tuesday at the observatory for the 500-meter Aperture Spherical Radio Telescope (FAST), also ...
There are two cities in North China's Xiong'an New Area, or dubbed as China's "city of the future“-- one is the city above the ground, and the other is the city in high-tech “cloud”.
Construction on the world's largest photovoltaic (PV) power station project recently commenced in Angduo, located in Mangkang, Southwest China's Xizang Autonomous Region, the Global Times learned from the project co-developer PowerChina's Chengdu Engineering Co on Friday.
China is making clear its unwavering commitment to openness and global cooperation in scientific and technological innovation with two major tech forums that have brought together businesses and scholars from around the world, in a resounding rejection of the US' ...
The first commercial flight of China's domestically-made C919 aircraft will be made from Shanghai to Beijing by China Eastern Airlines on Sunday, a source said, citing the flight schedule.
Chinese and African government officials jointly refuted, on the occasion of the 60th Africa Day, the "debt trap" and "neo-colonization" claims fabricated by some Western media and politicians while vowing to strengthen solidarity and cooperation amid global challenges.
Uruguay's Minister of Livestock, Agriculture and Fisheries Fernando Mattos just finished his 19-day trip in China on Friday, with fruitful results of bilateral agricultural cooperation including agreements between two agricultural ministries as well as institutions.
The China Securities Regulatory Commission (CSRC) has given approval for US-based Morgan Stanley to set up a futures unit in China, the watchdog announced on Friday, amid the country's accelerated opening-up of its financial sector.
Japan's technology company Fujifilm (China) Investment Co apologized in a statement on Thursday evening after a "serious error" was reported in the English description of the country or region options on the camera application "FUJIFILM XApp" launched by Fujifilm's affiliated ...
Ships under construction berth in a dock of a local shipbuilding company in Rongcheng, East China's Shandong Province on May 25, 2023. Relying on the advantages of its location near the sea, Rongcheng has seized the opportunity of transformation in ...
China's Ministry of Commerce (MOFCOM) urged the Group of Seven (G7) to put what was agreed on into practice and not decouple from China, and it highlighted that China is bringing cooperation and opportunity to the world, instead of confrontation ...
China will continue to expand the opening of specific futures varieties and attract more overseas institutions to participate in the pricing of China's primary product futures varieties, a senior government official said on Thursday, in what experts viewed as a ...
US firms and business groups with operations in China are clamoring for engagement and cooperation with China amid ongoing bilateral tension, as Chinese and US ministers in charge of trade and economic issues are scheduled to meet in the US ...
Chinese President Xi Jinping sent a congratulatory letter to the 2023 Zhongguancun (ZGC) Forum, a state-level platform for global technological exchanges and cooperation that has kicked off in Beijing, stressing that China stands ready to work with all countries to ...
A double-digit drop in German exports to China has triggered debate and concerns in Europe's biggest economy over whether it has become the victim of "mounting security and trade tensions between Beijing and Washington," the Financial Times reported on Wednesday.
After US legislators voted with sinister intention to challenge China's status as a developing nation, Western public opinion has seen debate on how to view China's rise. The latest example is an article in Foreign Policy claiming China is a ...
The total capacity of China's wind turbines and photovoltaic panels reached 820 million kilowatts by the end of April, data from National Energy Administration (NEA) showed, a progress of the country's energy structure optimization for achieving carbon emission reduction goal.
Alibaba on Thursday denied the recent rumors that it would undergo extensive layoffs across various business divisions. The e-commerce giant stated that it actually expects to recruit 15,000 new employees this year, including 3,000 fresh graduates.
China welcomes more German companies to invest in China and also hopes that Germany will provide a fair environment to facilitate the bilateral cooperation, said Shu Jueting, spokesperson of the Ministry of Commerce (MOFCOM) on Thursday.
Macao's GDP rose by 38.8 percent year-on-year in the first quarter of 2023, recovering to 66.4 percent of the 2019 level, data from the Statistics and Census Service (DSEC) of the Government of the Macao Special Administrative Region showed on ...
China is stepping up policy support to stabilize employment especially among youth, with the latest move coming from the Communist Youth League of China (CYLC), which is assisting college students in their job searches.
Fitch Ratings has placed the US “AAA” rating on “rating watch negative,” signaling that the Congressional deadlock around debt ceiling negotiations may get worse, prompting investors to seek safe haven markets and currencies, experts said.
Chinese President Xi Jinping sent a congratulatory letter to the 2023 Zhongguancun Forum on Thursday, stressing that China steadfastly adheres to an opening-up strategy featuring mutual benefit and win-win results, and is willing to work with all countries in the ...
China will take more measures to encourage vehicle exports, China's Ministry of Commerce said on Thursday, highlighting that the measures including strengthening vehicle quality and encouraging auto producers to cooperate with domestic and foreign financial institutions in offering financial products.
This year marks the 10th anniversary of the China-proposed Belt and Road Initiative (BRI), a global cooperation platform that focuses on China's vision starting with infrastructure connectivity and provides solutions to the reform of the global governance system and multifaceted ...
China Eastern Airlines said on Thursday that the first C919 aircraft, which is domestically made, will enter commercial operations soon.
PepsiCo announced its launch and official deployment of electric heavy-duty trucks in China on Thursday, making it the first company in China's convenient foods industry to use heavy-duty electric trucks for end-to-end green delivery and showing another important milestone in ...
Earlier, Russian Deputy Foreign Minister Andrei Rudenko said that the share of national currencies in settlements between Russia and China has been growing in recent years, with the process accelerating significantly in 2022.
A group of more than 130 Chinese representatives from local governments and enterprises recently set off on a group visit to California for the first time in three years. They were welcomed by local government officials, signaling expectations for closer ...
The economies of China and the Netherlands are highly complementary, with huge potential for cooperation and sound growth momentum in bilateral trade, said Chinese Vice President Han Zheng during a meeting with Dutch Deputy Prime Minister and Foreign Minister Wopke ...
Despite the drastic changes in the external environment due to the sharp rise in global geopolitical risks and the growing major power rivalry, Chinese companies are still showing strong interest in overseas investment. This requires not only a focus on ...
After the US and it's key allies announced the establishment of the Minerals Security Partnership, a US-centered cliques serving US national interests under the pretense of critical mineral supply security, some Western forces have turned their eyes on lithium resources ...
The number of China's 5G base stations and users are both growing rapidly as the push for digital construction progresses, laying a solid foundation for China's digital economy and high-quality development, experts said.
Two days after China's cyberspace regulator announced that US memory chip giant Micron Technology failed to pass cybersecurity review, some US politicians threatened to put trade curbs on a Chinese memory chip maker.
The China-proposed Belt and Road Initiative (BRI), as demonstrated by fruitful cooperation outcomes, could be compared to a pathway toward common development, China's Foreign Ministry spokesperson Mao Ning said at a press briefing on Wednesday.
Passengers have taken 16 million trips on the China-Laos Railway since the line opened in December 2021, including more than 20,000 cross-border trips since such service began in mid-April, the China State Railway Group said.
Chen Zhijin, a representative of JD Yuanhong Food Digital Economy Industry Center, never thought the center's food products are being shipped to Indonesia so sooner after the company was established.
Zhongguancun (ZGC) Forum, a major technology forum, will kick off in Beijing on Thursday, aiming to spotlight frontier scientific and technological innovations in a wide range of emerging areas, such as artificial intelligence (AI) and quantum science, and boost global ...
Russian officials have been actively pushing forward settlement in local currencies – the Russian ruble and the yuan – since last year, driven by the vast amount of bilateral trade, which is expected to exceed the benchmark of $200 billion ...
Qingdao Port in East China's Shandong Province, an important energy import and export hub in China, recently completed the final inspection work for a newly-established crude oil storage project with the total capacity of 800,000 cubic meters located at the ...
From January to April this year, Northwest China's Xinjiang Uygur Autonomous Region received 51.2 million tourists, an increase of 29.6 percent year-on-year, with the region's total tourism revenue rising 60.6 percent to hit 42.64 billion yuan ($5.45 billion), local news ...
A railway wagon assembly plant built by China Civil Engineering Construction Corporation (CCECC) in Kajola of Ogun State, Nigeria officially entered operation on Monday, the Xinhua News Agency reported on Tuesday.
Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store in New York's iconic Times Square on Friday, May 19 (EST). Marking a major milestone in the brand's history, the new store brings MINISO's signature joyful ...
China's Ministry of Commerce (MOFCOM) strongly criticized the United States for engaging in so-called "trade initiative" talks with Taiwan, asserting that Taiwan is an inalienable part of China's territory and the one-China principle is the prerequisite for China's Taiwan region ...
Chinese technology giant Huawei has successfully replaced internal software management systems it once sourced from US vendors with its own in-house version in 88 overseas subsidiaries, as the company continues to reduce foreign reliance amid prolonged US curbs.
Six major foreign trade provinces in China, including South China's Guangdong Province and Shanghai, have reported export growth in the first four months, with an improved structure.
The British Chamber of Commerce in China said on Tuesday that a majority of UK-based businesses are expressing greater optimism about the Chinese market; however, some are also raising concerns about the impact of geopolitical tensions amid mixed signals from ...
A Chinese official on Tuesday warned of the significant spillover effect of US domestic policies and urged Washington to avoid passing on domestic risks to the rest of the world just to protect its own interests. The comment came after ...
While some in Australia may appear to see China's joining of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as an important bargaining chip at a time when China-Australia economic and trade relations face a critical period of thawing ...
The Japanese stock market is booming, but Japan's real economy is now facing various challenges. The deviation between Japan's economic fundamentals and its stock market is like two gears pulling in opposite directions, and the longer the deviation exists, the ...
Hong Kong is set to allow retail investors to trade cryptocurrencies on licensed exchanges starting from June 1, according to an announcement by the Securities and Futures Commission (SFC) on Tuesday. This move is part of the city's ongoing efforts ...
While some Western media outlets recently claimed China's economic recovery from January to April hasn't met their high expectations, a range of economic data actually pointed to a continued and robust recovery. How does China's economic recovery look amid global ...
China's Ministry of Commerce (MOFCOM) on Tuesday urged Japan to immediately correct its wrongdoings in restricting export of 23 types of semiconductor manufacturing equipment, saying the move is an abuse of export control measures and a serious departure from free ...
Micron's stock price declined on Monday after it failed China's cybersecurity review, while its rivals in China, South Korea's Samsung Electronics and SK Hynix, rose.
A senior executive from a leading Chinese photovoltaic (PV) products maker said on Tuesday that he predicted the firm's sales to the European markets will continue to rise at a relatively fast pace this year, while expressing optimism over European ...
The latest round of talks between US President Joe Biden and House Speaker Kevin McCarthy on raising the country's federal debt ceiling ended without a deal on Monday, with both sides accusing each other of intransigence. The failure to compromise ...
TikTok filed a lawsuit against Montana state government on Monday after it became the first US state to pass a bill last week to ban TikTok app from operating in Montana.
DEKRA, one of world's five largest testing, inspection and certification (TIC) companies and the global No.1 provider in automotive TIC, officially opened its DEKRA Greater Bay Area AIoT (Artificial Intelligence of Things) Testing Centre in Guangzhou, South China's Guangdong Province ...
Chinese oil giant Sinopec signed an agreement with Sri Lanka, which allows the company to operate for the coming 20 years to import, store, distribute and sell petroleum products in Sri Lanka, China's Embassy in Sri Lanka said on Monday.
With the Group of Seven (G7) countries at the Hiroshima summit aligned on a "de-risk, not decouple" approach toward China, some Western media outlets had claimed that Japan appears to be a beneficiary under this new development. However, the problem ...
Debugging and testing began on Monday on the Jakarta-Bandung High-Speed Railway (HSR), a landmark project under the China-proposed Belt and Road Initiative (BRI). It marks an important milestone before the full launch of the project.