The fantasy of some US politicians, who view tariffs as a means to substantially boost tax revenue, reveals a gross overestimation of the sway held by the US consumer market.

The US' CHIPS and Science Act, which has long been touted as a major move to boost the US' domestic chip industry, appears to be at a crossroads. US Commerce Secretary Howard Lutnick has signaled he could withhold promised grants as he pushes companies in line for federal semiconductor subsidies to substantially expand their US projects, Bloomberg reported on Tuesday, citing eight people familiar with the matter.

With both the EU and China seeking to drive industrial transformation and address global challenges in a rapidly evolving geopolitical and technological landscape, Hannover Messe 2025, one of the world's leading trade fairs for mechanical and electrical engineering, has emerged as a pivotal platform for showcasing the immense potential for industrial cooperation between these two economic powerhouses.

In light of recent US threats to impose high tariffs on key industries such as imported cars and its disruption of global supply chains, China, Japan and South Korea - crucial manufacturing hubs in East Asia - share a common interest in strengthening supply chain cooperation and establishing a unified large market.

Despite challenges, China's new-energy vehicle (NEV) industry continues to thrive, showcasing its ability to adapt and evolve in a rapidly changing global market. The innovative vitality and resilience of the industry have demonstrated that external pressures cannot stifle the development and overseas expansion of this sector.

The Chinese mainland will continue to invest more in new computer chipmaking equipment than any other geographical region in 2025, despite a significant year-on-year decline, Reuters reported, citing a report released by industry group SEMI on Wednesday. Although the US is intensifying its crackdown on China's semiconductor sector, the latter's position as the global frontrunner in chipmaking equipment investment signals the continued advancement and refinement of its domestic semiconductor supply chain.

As trade diversification emerges as a crucial strategy for many countries to mitigate the impact of US tariff policies, Canadian politicians' promotion of values-based trade represents not just a missed opportunity for its own economic development, but toxic contamination of global economic and trade collaboration.

Indonesia's reported decision to join the NDB is not only crucial for its own economic development but also reflects the growing urgency of developing countries' economic needs for strengthening South-South cooperation.

China's "engineer dividend" is yielding rewards. Will the country affect the tech industry in the same way that it influenced the clothing and houseware sectors? This query was raised in a recent Bloomberg article. As China progresses in artificial intelligence (AI), humanoid robots and similar fields, the spotlight has turned to the underlying factors contributing to this surge, with some calling it China's "engineer dividend."

Just as US suppression has spurred China's self-reliance in various sci-tech fields, the pressure faced by the shipbuilding industry will only fuel its determination to achieve technological breakthroughs and expand its market reach.

A recent article in the Indian Express, headlined "US tariffs looming, India looks at easing non-trade barriers, relaxing Chinese FDI," highlighted that "on the investment front, there are indications the Indian side is now open to allowing inflows from Beijing." It is hoped that India will heed such calls to relax Chinese FDI restrictions and won't miss out on valuable opportunities.

In the fast-paced world of technology, Apple has announced an online seminar designed specifically for Chinese developers, highlighting the tech giant's acknowledgment of this group's significance. Scheduled for Tuesday, the seminar will be presented in Chinese and include a question-and-answer session with Apple's experts. This move demonstrates Apple's efforts to enhance communication and interaction with the Chinese developer community.

While it remains unclear the exact tariffs the US will impose on each country, the development so far indicates that the US market and the US auto industry still have high dependence on external supply chains, and tariffs won't change the fact that they still need to import.

Stretching 2,290 kilometers from Hami, Northwest China's Xinjiang Uygur Autonomous Region to Southwest China's Chongqing Municipality, the construction of an ultra-high voltage direct current power transmission line is underway. With the Barkol converter station in Xinjiang beginning its adjustment and testing phase, this project has entered its final construction period, as reported by the Xinhua News Agency on Saturday. This endeavor not only underscores China's rapid advancement in the realm of green energy but also highlights the opportunities presented by Xinjiang in this journey, further propelling it to become an important base for renewable energy production in the nation.

In the face of a global economy rife with uncertainties, there is growing interest in how China and the EU can effectively address their differences and enhance cooperation through constructive dialogue and pragmatic consultation.

During Wednesday's press conference, US Federal Reserve (Fed) Chair Jerome Powell's repeated mention of "uncertainty" once again brought the US government's tariff policies into the spotlight on the global economic stage. It seems that the US economy is caught in an unprecedented vortex of uncertainty due to these tariff policies, and this vortex is rapidly expanding outward, sweeping across the globe and triggering strong attention and concern from countries around the world regarding the ongoing trade tensions and the unpredictable landscape that lies ahead.

For India's manufacturing sector, the external environment is challenging in 2025. However, leveraging the opportunities presented by China's development and its commitment to high-level openness could boost India's manufacturing growth and, in turn, strengthen the Indian economy.

In a positive development for the Chinese economy, a recent survey conducted by Deutsche Bank has revealed an improvement in consumer sentiment among Chinese households. This increase in confidence comes at a crucial time as China has prioritized expanding domestic demand to achieve the GDP growth target of about 5 percent for 2025, despite facing multiple challenges.

The US has been politicizing trade and tech issues and abusing export controls. This approach has restricted its own exports, particularly in sectors where the US holds a competitive edge.

As the bankruptcy of Northvolt marks a major setback for Europe in the electric vehicle (EV) battery industry, it is understandable that European officials are seeking to provide more funding support for the company. However, it's unpredictable whether funding alone can help the company surmount its challenges.

The rising frequency of extreme weather events, from devastating wildfires to powerful tornadoes, serves as a stark reminder of the pressing urgency for global climate action. However, the recent reversal of US climate policies has cast a troubling shadow over global climate efforts, making the already uphill battle to combat climate change even more daunting.

In the realm of household chores, an activity as seemingly mundane as sweeping is undergoing a revolution, thanks to the integration of artificial intelligence (AI) with home appliances. This burgeoning sector - sweeping robots, where innovation meets daily requirements - is witnessing fierce competition. According to a report released by IDC on Monday, China's Roborock has surpassed US home robot producer iRobot for the first time in terms of shipment volume, leading the global market in both sales quantity and sales revenue in 2024.

As the US tariff policy continues to pile ever-growing pressure on the US economy and financial markets, it has become evident that Washington's use of tariffs as a means to gain the upper hand in trade negotiations or economic competition is an increasingly untenable strategy. The unilateral US approach toward global trade is more likely to plunge its own economy into a predicament rather than achieving its intended goals.

As the global financial market prepares for what has been dubbed "super central bank week," starting on March 17, the central banks of several nations, including the US and Japan, are poised to announce interest rate decisions. These decisions, while reflecting the central banks' assessments of both domestic and international economic conditions, will also affect the international financial markets, thus attracting widespread attention from global investors.

With the upcoming GPU Technology Conference (GTC) 2025 hosted by Nvidia, which is set to run from Monday to Friday in San Jose, California, investors are trying to use the conference to gauge the impact of the US "small yard, high fence" strategy on the future outlook and the broader technology industry.

Like last December's Central Economic Work Conference, the Government Work Report unveiled at the two sessions recently reiterates the importance of "making continued efforts to stem the downturn and restore stability in the real estate market." While the overall tone remains consistent, new implications are introduced.

In this year's Government Work Report delivered and approved during the two sessions, China underscored its commitment to ensuring stability in the real estate market, as highlighted in the section on Overall Requirements and Policy Orientations for Economic and Social Development in 2025. The choice of wording reflects the country's strong emphasis on the importance of the real estate sector.

The World Trade Organization (WTO) on Wednesday said that global goods trade appeared to remain steady in the fourth quarter of 2024 and looked set to continue growing in the first months of 2025, but increased trade policy uncertainty and the prospect of new tariffs could weigh on trade in the medium term.

Capitalizing on China's trade-in program, Samsung Electronics and SK Hynix witnessed a boost in their sales in China last year, according to the Yonhap News Agency. This increase was not just a reflection of the resilience and profitability of the Chinese market despite Washington's stringent measures against China's burgeoning semiconductor sector - it also illuminates the potential for deeper collaboration between these two Asian countries.

In October last year, the EU announced the imposition of anti-subsidy tariffs on Chinese-made battery electric vehicles (EVs), a move that was widely interpreted as an attempt to shield its domestic EV industry from the competitive pressures exerted by Chinese manufacturers. Despite this development, European carmakers have not lost their enthusiasm for strengthening collaboration with Chinese enterprises. This offers a fresh perspective showing that the dynamics of international trade and cooperation are far more resilient than simple protectionist measures might imply.

While the US focuses on containing China's shipbuilding industry, China is actively enhancing the quality and technology of its ships. This stark contrast shows that the US stands little chance of stifling the rapid development of China's shipbuilding sector.

Flash sales are merely one aspect of China's diverse consumer landscape. Product diversification, by offering consumers more choices, only serves to establish more reasonable prices, which help in mitigating both deflation and inflation.

Some US politicians seem to never tire of using "national security" as an excuse to unjustifiably suppress Chinese products, even though this self-defeating approach not only stands little chance of achieving its intended goals but risks undermining the US' own competitiveness in the global market.

The enthusiastic discussions about patient capital among lawmakers and political advisors, coupled with the message in the Government Work Report, underscore a shift in China toward leveraging more patient capital to bolster the growth of high-tech sectors.

How to seize the "Asian opportunity" in the auto industry? There is a need to accelerate the transition to electric vehicles (EVs) to meet demand, as statistics indicate that the EV market in the Asian auto sector is growing rapidly.

China's proactive approach to enhancing its legal framework for AI balances the need to foster innovation with the necessity of tackling emerging challenges. These strategic moves not only ensure sustainable growth in this vital sector but also position China as a significant player in the global AI governance.

China's semiconductor manufacturing evolution is positively impacting global manufacturing, with better technology and lower costs benefiting downstream industries. This includes US companies with production bases not only in China but globally.

As China's artificial intelligence (AI) technology advances rapidly, large language models (LLMs) are a "double-edged sword," bringing both efficiency gains and challenges that should be viewed rationally, a well-known Chinese entrepreneur told Global Times on the sidelines of the ongoing "two sessions."

The US, by persisting in its reckless tariff policies, is chipping away at the very foundation of the US dollar's status. This erosion is not a sudden collapse but a gradual accumulation of policy missteps that undermine global confidence in the dollar's reliability.

The EU is doubling down on efforts to bolster its electric vehicle (EV) industry. On Wednesday, the European Commission (EC) announced a plan to make available 1.8 billion euros ($1.94 billion) to create "a secure and competitive" supply chain for battery raw materials.

The rapid development of China's robot industry has once again proved that it is impossible to stop the development of China's industry by curbing high technology.

The advancement of technology has spurred the growth of China's battery industry, which not only provides high-performance, high-quality battery products to both domestic and international markets but also significantly contributes to the global energy transition and the development of a green, low-carbon economy.

The escalating costs associated with the US tariffs are rapidly materializing into a real and formidable crisis for American farmers, who are likely to be among the first to bear the brunt of the trade hostilities triggered by Washington's tariff policy.

The positive view among investors reflects optimism about China's technological innovation, even amid the US government's ongoing tech crackdown and protectionist tariff threats, highlighting the resilience of China's tech development.

By investing in modern transportation networks, renewable energy sources, and advanced technological infrastructure, China is shoring up its defenses against risks and bolstering its economic resilience in an increasingly complex global landscape.

Well-known US investor Warren Buffett made a rare comment on tariffs, suggesting they could trigger inflation and hurt consumers, CNBC reported on Sunday, summarizing Buffett's interview with CBS News for a new documentary. This once again drew public attention to the negative economic effects of US' tariffs.

Amid the shifting global economic landscape and the rapid upgrading of China's domestic consumer market, the integrated development of domestic and foreign trade has become an increasingly crucial strategy for Chinese enterprises to enhance competitiveness and ensure sustainable growth. By leveraging the vast potential of the domestic market while maintaining their foothold in the international arena, Chinese enterprises have not only withstood the buffeting of external economic fluctuations but have also showcased the resilience of China's foreign trade.

Will American metal producers capitalize on domestic shortages to hike prices and make a quick profit? If the answer is affirmative, it would be somewhat ironic, suggesting that the threat of tariffs has morphed into an opportunity for US steel and aluminum companies to profit at the expense of passing on increased costs to the broader manufacturing sector and consumers.

As the aggressive US tariff policies have sent shockwaves through the global economy, placing great pressure on global trading networks, the BRICS nations - alongside other emerging economies - need to deepen regional collaboration and leverage multilateral mechanisms to defend their interests and weather the storm of unilateralism.

How effective are the escalating US chip export controls against China? It's worth listening to the industry's perspective. Nvidia CEO Jensen Huang is unsure if export controls against China are effective national security measures for the US amid the artificial intelligence (AI) race, but they've certainly hurt the chipmaker's business abroad, as Business Insider reported while summarizing Huang's latest interview on CNBC.

US tariff policies cannot deliver their promised benefits as the country is dragging the world into a dangerous “zero-sum game” that will ultimately leave the US itself trapped in an economic quagmire.

In recent times, the narrative surrounding China's investment in Vietnam has been somewhat misconstrued by some Western media outlets, with a notable example being a recent article by the Financial Times, which posits that a surge in Chinese investment into Vietnam could potentially provoke retaliatory measures from Washington. This perspective, while attention-grabbing, fails to grasp the essence of China-Vietnam investment.

The CATL-Volkswagen cooperation not only signifies a new phase of deep cooperation between Chinese and German companies in the realm of new-energy vehicles but also serves as an important embodiment of cooperation between the two countries in the green economy.

Many Chinese firms are setting their sights on launching IPOs in the Hong Kong Special Administrative Region, "riding on the stock market impetus provided by artificial intelligence (AI) start-up DeepSeek," the South China Morning Post reported on Tuesday. This trend underscores a broader narrative: the current surge in technological innovation within the Chinese mainland could inject new vitality into Hong Kong's stock market.

Despite efforts to justify the US tariff move by pointing the finger at China, politicians struggle to explain why it is US allies that are bearing the brunt of these tariffs. In essence, this tariff policy is a byproduct of domestic political maneuvering in the US.

As European carmakers are grappling with cost challenges amid the green transition, the pending US vehicle import tariffs are further weighing on the European auto industry. At this juncture, policymakers in the bloc may need to consider primarily the potential benefits of industrial cooperation with Chinese companies.

Recent proposals by US President Donald Trump to impose tariffs on pharmaceutical imports are likely to bring shocks to the supply of generic drugs, on which millions of Americans depend. Rather than fostering an increase in domestic production, these tariffs could drive up costs for those who need them most and exacerbate drug shortages.

The combined shipments of Chinese TV brands TCL, Hisense and Xiaomi accounted for 31.3 percent of the global market, surpassing South Korea's Samsung Electronics and LG Electronics for the first time, which held a 28.4 percent share, the Yonhap News Agency reported on Sunday, citing the latest statistics from market research firm Omdia.

​In recent years, the "little giants" in China - small and medium-sized enterprises (SMEs) that boast cutting-edge technologies and specialize in niche sectors - have shown strong growth momentum.

In 2025, China's economy will continue to overcome several challenges, notably the uncertainties in the external environment. Nevertheless, the current foundation of the Chinese economy remains strong, characterized by numerous advantages, robust resilience, and significant potential.

From artificial intelligence (AI) and 5G to humanoid robots, China's latest wave of technological innovation is capturing global attention. How much do you know about this?

The escalating tariff threats from the US have placed regional cooperation among China, Japan and South Korea at a critical crossroads. Only by working together to resist the immense pressure brought by the US tariffs and maintaining the big picture of Asian regional economic cooperation can partners in the Asian industrial chain enhance regional competitiveness and provide a sustained impetus for the stability of the Asian economy.

China has consistently embraced an open and collaborative approach in the EV sector. This position reflects a profound understanding of its own developmental needs, the evolving global industrial landscape, and the shared interests of China and the EU.

In recent years, China has made substantial progress in the field of humanoid robots. For these robots to achieve commercial success and truly empower a wide range of industries, it is necessary to train and optimize algorithms through a vast amount of high-quality data. Improving efficiency and reducing costs are of great importance to the development of the entire industry during this "training" phase.

China's economic fundamentals and its vast foreign exchange reserves further bolster the case for yuan stability. This, combined with the PBC's proactive measures, ensures that China has both the tools and the resolve to stabilize the yuan despite Western media outlets' misguided narratives.

The news of Tesla's recruitment in India came after the company experienced its first annual decline in EV sales in over a decade. However, despite the market potential in India, Tesla's cooperation prospects in the South Asian country remain clouded by multiple challenges, including a relatively weak manufacturing base, protectionist tendencies, and a less stable investment environment for foreign enterprises.

Given the growing uncertainties in the global economic and trade landscape, the urgency for China and ASEAN to deepen cooperation and leverage their market potential has never been greater.

The rapid development of large-scale wind and photovoltaic power facilities in these challenging environments is a critical strategic move for China as it seeks to promote a clean and low-carbon transformation of its energy sector. The country's strong commitment and significant progress in this vital energy transition and ecological governance project underscore its significance and potential.

In the current wave of rapid artificial intelligence (AI) development, the choice between open-source and closed-source models by AI companies has again aroused heated discussion and widespread attention.

As the new year unfolds, emerging Chinese tech startups like DeepSeek are making waves, and the excitement surrounding the startups continues to build.

Canadian officials' approach of kowtowing to the US by positioning Canada as a pawn in the US' containment strategy against China, in order to avoid US tariffs, is incredibly unwise and will be counterproductive to their goal of protecting Canada's national interests.

Skepticism regarding China's green transition and its efforts to reduce carbon emissions is misplaced. The report focused primarily on the newly added coal power capacity in the context of short-term fluctuations driven by economic activity, and failed to capture the broader scope of China's massive energy transition.

The ripple effects of Washington's tariff policy extend far beyond traditional trade dynamics, unleashing unconventional spillover effects that reverberate throughout global financial markets and influence monetary policies.

India's Chief Economic Adviser V. Anantha Nageswaran indicated on Tuesday that the country is not expected to lift a ban on Chinese investment into the country soon, according to Reuters. This remark is disappointing and regrettable, especially considering that diversifying investment inflows could help India navigate the complex situation and global economic uncertainties.

China's AI development will not be derailed by Western scrutiny; instead, it is poised to flourish even more vigorously. The innovative model adopted by DeepSeek not only reduces research and development costs but also enhances the inclusivity of technology.

The long-standing cooperation between the Chinese and South Korean battery industries has proven mutually beneficial. The complementarity of both countries facilitates a stable supply chain by enhancing industrial collaboration.

The latest developments surrounding Nippon Steel's investment in US Steel have again brought the competitiveness of the US steel industry back into the spotlight.

As China's economy transitions and upgrades toward higher-quality development, technological innovation has brought significant growth opportunities to sectors such as high-tech industries and high-end manufacturing. The profits and performance outlook of related enterprises continue to improve, leading to higher market forecasts.

As US tariff policies continue to fuel global trade tensions, the importance of maintaining the authority and fairness of the WTO has become more critical than ever.

The Northeast region of China, the country's traditional industrial base, has been rapidly advancing the establishment of a modern industrial system that leverages its unique advantages. The continuous development of the manufacturing sector has injected new momentum into China-South Korea cooperation.

Tariffs have never been an effective solution to trade issues. If Washington genuinely wants to curb the persistent growth of the trade deficit, it needs to create a scenario where both the US and its trading partners can benefit, which would be a viable and sustainable path forward.

While India hopes to leverage the opportunities presented by US-China trade friction to enhance its economic position, the reality is that trade friction has posed more challenges for India in its economic cooperation with the US.

A sensible response to the US' gross dereliction of responsibility in tackling climate change is for China and the EU, two of the world's biggest economies, to lead the rest of the world on a cooperative path of green development.

US President Donald Trump's executive order imposing a 10 percent tariff on Chinese imports is likely to drive up the cost of generic drugs in the US and exacerbate drug shortages, US media outlet NBC News reported on Tuesday, citing experts. This assessment, along with other warnings that additional tariffs could lead to higher prices for essential goods within the US, should be taken seriously by Washington.

The Hong Kong stock market advanced on Tuesday, with the benchmark Hang Seng Index rising 2.83 percent to close at 20,789.96 points. Overall, technology stocks have done well. The Hang Seng TECH Index jumped 5.06 percent.

As the world navigates through uncertainties and challenges, China's dedication to openness and inclusivity offers a model of resilience and growth, reinforcing its status as a key player in shaping the future of the global economy.

In 2025, China is expected to introduce specific plans to implement more proactive fiscal policies and moderately loose monetary policies, as well as strengthen unconventional counter-cyclical adjustments. Additionally, measures to further deepen reform comprehensively and expand high-standard opening-up will be formulated. We have reason to be confident about the prospects of the Chinese economy.

At a time when the global trade system is facing another round of tariff barrier challenges, the urgency for China and the US to seek new opportunities for cooperation, rather than falling into a tariff war that sees no winner, is becoming increasingly prominent.

If China and ASEAN countries can continue to work together to combat telecom fraud, it can lead to better results, addressing the root causes and hidden dangers of the problem. It is believed that the improved legal order and regulatory environment will bring brighter prospects for the tourism sector in ASEAN countries amid deepening regional economic integration.

A recent roundtable meeting convened by the MOFCOM has conveyed a strong and positive signal, demonstrating China's steadfast and pragmatic attitude toward deepening economic and trade cooperation with Europe.

Although US inflation has eased, the economy does not seem to have fully recovered from the lingering effects of the cost-of-living crisis. In this context, some economists have recently warned that additional tariffs on imported goods could harm US consumers. Would this undermine the country's efforts to address the cost-of-living crisis?

The New Gwadar International Airport is regarded as a pivotal infrastructure project and a milestone that makes the Gwadar Port a regional nexus of connectivity. Officially commencing operations on Monday, the airport is anticipated to significantly contribute to Pakistan's economic development and bolster regional economic integration, especially amid the ongoing enhancements to the China-Pakistan Economic Corridor (CPEC) and Belt and Road Initiative (BRI) cooperation.

China's foreign trade achieved both steady growth and structural optimization last year. These trends provide a vivid example of how the interplay between the financial sector and foreign trade has supported the transformation and upgrading of foreign trade.

The embrace of China's clean industry by countries in the Global South underscores the growing recognition of its sustainable development and demonstrates that Western attempts to block China's tech products from entering the global market are ultimately futile.

The recent appeal from the chairman of the board of management of Mercedes-Benz reflects the aspirations of the wider European business community. European politicians, who may be entrenched in a zero-sum mindset, need to take a step back and objectively evaluate insights from the business sector regarding collaboration with China.

While the US has implemented stringent measures to suppress the development of Chinese tech companies, Nvidia CEO's visit to China at this time demonstrates clearly that the Chinese market remains crucial for the global tech industry.

This year, 16 C919 aircraft are participating in China's Spring Festival travel rush, according to a report by CCTV, representing a significant increase compared with the previous year. The involvement of these domestically produced aircraft in this major event highlights the country's progress in science and industry, serving as a testament to years of dedicated research and innovation.

The European Commission has reportedly urged the 27 EU members to conduct a 15-month risk assessment of outbound investments in semiconductors, AI and quantum technologies. However, rather than strengthening the EU's economic security and resilience, these actions could actually have the opposite effect.

As geopolitical factors and protectionism pose significant challenges to global and Asian free trade cooperation, enhancing FTA cooperation between China and South Korea in the services and investment sectors could inject new vitality into bilateral trade and the regional economy.

The accelerated expansion of the US fiscal deficit not only plunges US government debt into an increasingly unsustainable predicament, but also casts a heavy shadow over the global economy, particularly developing economies, under the dominance of the dollar hegemony.