Huawei started sales of two smartphones in its highly anticipated Pura 70 series on Thursday morning, and they sold out rapidly as consumers flocked to order them.
China has been vigorously rolling out an ambitious action plan aimed at fostering large-scale equipment renewal and trading-in of consumer goods across various regions. The endeavor is expected to tap a 1-trillion-yuan consumption market, thereby sustaining the nation's industrial upgrading and bolstering high-quality development.
A Beijing-based research institute is set to officially unveil the world's first prototype of intelligent humanoid robot TongTong, also known as “Little Girl.” Once activated, it can be customized to provide warm companionship in households and nursing homes.
Shenzhen-based Hytera, one of China's major telecommunication equipment makers, saw its share prices surge by its daily limit of 10 percent on Wednesday, as the company resumed sales of its two-way radio products globally following the suspension of an injunction by a US federal appeals court.
Apple CEO Tim Cook's pledge to increase investment in Vietnam has drawn skeptical views from Chinese observers.
Chinese internet giants JD.com and Baidu are aiming to speed up the development and adoption of artificial intelligence (AI) large language models (LLMs), as they hope to deploy their latest technologies to tap China's massive online market.
A media delegation consisting of 28 foreign journalists from 21 countries on Monday completed their week-long journey from April 9 to 15 in Northwest China's Xinjiang Uygur Autonomous Region, attending "Seminar for Media Directors of the Silk Road Economic Belt Partner Countries."
The French pavilion, the exhibition hall for French companies and products, officially opened on Sunday at the 4th China International Consumer Products Expo (CICPE), Asia's largest premium consumer products expo, in Haikou, South China's Hainan Province, with French businesses flocking to the event to tap into the potential of the booming Chinese market.
China's Foreign Ministry on Thursday issued a decision regarding the launch of countermeasures against corresponding US companies for their involvement in selling weapons to China's Taiwan region, with immediate effect, according to a statement from the ministry on Thursday.
The number of A-share IPOs has fallen significantly so far this year, with none available for subscription this week, and issue prices have become more reasonable, indicating a steady rise in market confidence as regulators move to enhance the quality of listed companies.
Spanish fashion powerhouse Zara refuted rumors on Tuesday about its withdrawal from the Chinese market, following speculation sparked by recent store closures in various cities across the country.
Driven by improved travel policies, Chinese airlines are planning more flights to draw travelers as the summer-autumn flight season began on Sunday, as Aviation data showed that inbound and outbound travel has now recovered to hitting 80 percent of 2019 levels.
China has expressed strong opposition to the latest US revised rules on artificial intelligence (AI) chips export rules, saying that it will disrupt the international semiconductor market as well as cooperation among enterprises.
China's first self-developed civil airship, the AS700 "Xiangyun", completed its first trial flight between two airports in Central China's Hubei Province, laying a foundation for further long-distance test and commercial operation in assisting the development of low-altitude economy.
The General Office of State Council, China's cabinet, announced during the weekend that it will conduct onsite inspection of 20 provinces and regions including Beijing, Shanghai, South China's Guangdong and Hainan provinces in April to look into their business environment.
Chinese tech giant Xiaomi held a launch event for its first electric vehicle (EV) model, the Speed Ultra 7 (SU7), in Beijing on Thursday. It marks the smartphone giant's entry into the competitive and challenging Chinese new energy vehicle (NEV) market, analysts said.
China accelerates telecommunication innovation with the commercial deployment of 5G-Advanced (5G-A) network, revealing plans to establish the world's largest 5G-A commercial network. It is part of the country's latest efforts in advancing its internet infrastructure and propelling innovation.
US memory chip giant Micron Technology has broken ground at its new plant in Xi'an, Northwest China's Shaanxi Province, the company announced on Wednesday.
China and Australia are almost the perfect partners, with the Chinese market to benefit the Australian public especially amid improved bilateral ties, Fortescue Metals CEO Dino Otranto told the Global Times on Wednesday in an exclusive interview on the sidelines of the Boao Forum for Asia Annual Conference 2024.
Apple is witnessing a substantial drop in iPhone shipments in China, with a 33-percent reduction in February from the previous year, as the US company faces rising competition from Chinese domestic rivals such as Huawei and Xiaomi.
Profits of China's industrial enterprises above the designated size rose 10.2 percent in the first two months of 2024, reversing from the 2.3-percent decline in 2023, the latest government data showed on Wednesday.
China's central government expenditure is expected to rise 8.6 percent year-on-year in 2024, which will grow by only 0.3 percent from a year earlier, as the government pledges to live on a tight budget, an official with the Ministry of Finance said on Tuesday.
Chinese tech giant Xiaomi put its new electric vehicle (EV) on display on Monday in 60 stores across 29 cities in China. The company is aiming to become a new leading player in China's fiercely competitive EV market.
In a move to strengthen economic ties with China, Markus Söder, the governor of the German state of Bavaria, embarked on a five-day visit to China. The visit is seen as a significant step toward enhancing economic cooperation between the largest German state and China, emphasizing the state's strategic focus on China, its largest global trading partner, analysts pointed out.
During his closely watched trip to China, Apple CEO Tim Cook notably did not mince words when talking about the critical role China plays for the US tech giant.
Top executives from multinational companies like Aramco, FedEx, Rio Tinto and Mercedes-Benz reiterated on Monday China's key role in their global operations, expressing their willingness to enhance cooperation with the world's second largest economy. The executives believe that China high-quality opening-up and efforts to promote new quality productive forces will provide huge cooperation potential for them.
Fares for outbound flights from Moscow to China surged after the deadly terrorist attack, especially for direct flights to Beijing and Shanghai operated by Chinese carriers.
Kimi chatbot, a large language model (LLM) application, has been gaining popularity, leading to a new wave of investment enthusiasm in the field of artificial intelligence (AI) and fueling hot discussion about the commercial prospects of LLMs in China.
Dutch Prime Minister Mark Rutte will pay a visit to China next week and topics involved during the visit could include whether chipmaking equipment producer ASML, the EU's most valuable firm, can continue to service its computer chip equipment sold to Chinese customers, Reuters reported over the weekend.
Zheng Shanjie, head of the National Development and Reform Commission, said on Sunday that China is accelerating to publicize the negative list for foreign investment for 2024, a move to further promote the nation's cross-border service trade and high-quality opening-up.
French-based airplane manufacturer Airbus said the strong business environment in China has offered them opportunities for the aviation supply chains and that they will continue seeking new chances as China is providing a high level opening-up and taking concreted measures to continuously improve its business environment.
Chinese battery manufacturer Gotion High-tech said that the company fully complies with US laws and regulations. It comes after the company reportedly filed a lawsuit against a local community in Michigan for breach of contract regarding supply of water for a new facility.
Chinese clean energy companies have been continuing to expand into overseas markets and there are still vast market opportunities, despite challenges such as obstacles put up by Europe and the US, executives said at an industry meeting on Wednesday.
China's first security industry model that realizes the real-world application of artificial intelligence (AI) was officially released on Wednesday, according to internet security company 360 Security Technology.
South Korean chipmaker SK Hynix said on Wednesday that the company is not aiming to scale back its operations in China and has not changed its China strategy, after some media reports suggested that the firm would be closing its Shanghai base and shifting its focus to Wuxi, East China's Jiangsu Province.
Apple chief executive Tim Cook has arrived in Shanghai, and reaffirmed the irreplaceable role of China for its supply chain, media reported.
China is willing to work with Australia in fostering more common interests and building a fair, transparent business environment for enterprises from both countries, in a bid to accelerate their bilateral relationship.
Chinese tech company EHang Holdings Limited has begun to sell its self-developed unmanned electric vertical take-off and landing (eVTOL) aircraft EH216-S on Chinese e-commerce platform Taobao at a cost of 2.39 million yuan ($332,032) per unit, the Global Times observed on Monday.
China has discovered a major oilfield in the central and northern parts of the Bohai Sea, with proven reserves of 104 million tons of oil, marking a monumental find in the region following a decade of search efforts, state-owned oil giant CNOOC announced on Monday.
China's total retail sales of consumer goods in the first two months of 2024 hit 8.13 trillion yuan ($1.13 trillion), increasing 5.5 percent year-on-year, the National Bureau of Statistics (NBS) unveiled on Monday.
Australian companies have expressed high hopes for Chinese Foreign Minister Wang Yi's visit to Australia, saying that they hope to expand their presence in the Chinese market and strengthen mutually beneficial economic and trade cooperation with their Chinese partners.
The export markets of the Hong Kong Special Administrative Region (HKSAR) are undergoing a diversification process, with more focus shifting toward emerging markets amid a decrease in exports to traditional markets such as the US and Europe, Hong Kong Financial Secretary Paul Chan Mo-po said in a post on his blog over the weekend.
China is ramping up support for the development of new-energy vehicles (NEVs) and accelerating technology innovation to consolidate the industry's advantage, officials said at an industrial forum on Saturday.
BMW is in the spotlight after "abnormal noises" were heard in the transmission shaft of some of its recent deliveries, sparking safety concerns and discussion on social media platforms in China on Friday.
China's State Council, the country's cabinet, announced that it will conduct on-site inspections over market entities nationwide starting from April, as part of moves to continue optimizing the country's business environment, state broadcaster China Central Television (CCTV) reported on Thursday.
China on Wednesday released a plan to promote the large-scale renewal of equipment and the trading-in of consumer goods, opening up a huge market worth trillions of yuan.
China on Thursday slammed US' petition to probe into China's shipbuilding industry for alleged unfair practices as “trade protectionism” and “lacking factual basis.”
Multiple Chinese e-commerce platforms operating in South Korea, including AliExpress, Temu and Shein, will be required to hire domestic representatives by a South Korean business regulator as their market share is rapidly expanding in the country.
Intel has reportedly secured a license to continue to sell to Huawei amid an intensified US crackdown on the Chinese chip industry, according to media reports on Tuesday, a move that shows the US is imposing targeted restrictions to contain China's chip development in an effort to limit the impact on its own industry, experts said.
Apple announced on Tuesday a plan to open a new research and development (R&D) center in Shenzhen city, South China's Guangdong Province while upgrade its Shanghai R&D center to support product manufacturing.
Senior executives from US chipmaker Micron Technology recently met with officials from Northwest China's Shaanxi Province and vowed to further enhance their investment in the Chinese market. It comes after the firm reached a legal settlement with chip producer Fujian Jinhua Integrated Circuit Co.
The Hong Kong-Zhuhai-Macao Bridge (HZMB) in South China's Guangdong Province has facilitated record cross-boundary vehicle traffic as Hong Kong residents' northbound travel to the mainland is becoming trendy.
Chinese technology firm ByteDance, short video platform TikTok's parent company, on Sunday denied reports that it had been approached by a US business executive for a potential deal to acquire TikTok, stressing that its founder Zhang Yiming has held no such talks with anyone.
Liu Donghao, the founder of Guizhou Big Data Protection Engineering Security Research Center, died on March 5, the company confirmed through their WeChat account on Saturday.
Sony said its several businesses including its mobile phone business are operating normally in China, and the company has confidence in staying in the Chinese market.
Chinese bottled water giant Nongfu Spring responded on Thursday to the online controversy over the packaging design of its Oriental Leaf Green Tea drink, stating that the architectural pattern on the packaging is inspired by Chinese temples, not Japanese ones, and that the text on the bottle is about Japanese tea culture originating from China.
A deputy to the National People's Congress (NPC) called for efforts to tackle shortage and bottleneck in China's roll-on/roll-off (Ro-RO) cargo vessel capacity so as to improve transportation conditions of the country's surging new-energy vehicle (NEV) exports.
Sales of iPhones in the Chinese market posted a double-digit year-on-year decline in the first six weeks of 2024. Analysts said the US tech company is struggling in the competition with rising Chinese rivals.
Li Yangmin, a member of the Chinese People's Political Consultative Conference (CPPCC) and the general manager of China Eastern Airlines, proposed to scale up operation of domestically manufactured civilian aircraft while phasing in an operational coordination mechanism.
China's Minister of Science and Technology Yin Hejun pledged on Tuesday to work out favorable policies and provide more resources to support young talent and scientific researchers under the age of 35, and try to optimize China's talent reserve and their training mechanism.
This week, China kicked off the two sessions, one of the most important political gatherings annually. The event offers an important window for the outside world to understand China's development, and where the world's second-largest economy is headed and top policy priorities in 2024.
The "price war" among automakers in China that started in early 2023 has shown no signs of abating. Particularly in the new-energy vehicle (NEV) sector, both traditional and emerging players keep cutting prices or launching limited-time promotions, tactics that analysts anticipate will persist throughout the year.
Chinese Embassy in Romania expressed deep regret and serious concern on Saturday about the decision by Romanian government to reject Huawei's submission for authorization of 5G telecom equipment, calling such a move undermine fair competition and the rule of law and will harm the interests of the Romanian people and China-Romanian economic and trade cooperation.
The cumulative number of China-Europe freight trains has exceeded 85,000, and it has opened a new bridge for economic and trade cooperation for Eurasian continent, Mao Ning, spokesperson of Chinese Foreign Ministry, said on Thursday.
German auto giant Volkswagen Group has signed an agreement with Xpeng, a Chinese electric vehicle (EV) maker to co-develop new EV models tailored for Chinese market, where broad consumers are embracing clean, environment-friendly cars.
Chinese tech giant Baidu Inc on Wednesday reported better-than-expected financial results for the 2023 fiscal year, with a rise in total revenue and non-GAAP (generally accepted accounting principles) net income.
Technical workers assemble DC charging piles for electric vehicles in a factory in the Hefei Circular Economy Demonstration Park in Hefei, East China's Anhui Province, on February 28, 2024. Photo: VCG
Chinese state-owned enterprises (SOEs) are giving full play to the main role of central SOEs in strengthening the development of artificial intelligence (AI) in response to the central government's call, the Global Times learned from companies and experts.
The construction road map of China's second domestically built large cruise ship following the Adora Magic City was released, China Media Group reported on Wednesday, showcased China's high-end manufacturing prowess in shipbuilding sector.
China's State Council's Taiwan Affairs Office spokesperson Zhu Fenglian said on Wednesday that the adjusted M503 flight route has rectified cross-Straits aviation operation as well as personnel exchanges, and was in line with the common benefit of people in Chinese mainland and the Taiwan island.
China's first artificial intelligence-generated animation Qianqiu Shisong was put on air via CCTV-1, part of China Media Group (CMG) on Monday, which illustrated scenes and figures described in China's ancient poems and verses done by generative AI, the Securities Times reported.
Chinese chain Luckin Coffee has overtaken Starbucks as the largest coffee chain in China. The development not only highlights the rapid growth of the Chinese coffee market but also underscores the vibrant consumer market in the country.
The Indian side has repetitively hyped the docking of Chinese ships at Sri Lankan ports. These Chinese ships are for research purposes. It is important to note that Sri Lanka is a free, independent and sovereign state and there is no need to get any other countries' blessings to do our own business. It's not just Chinese ships. Indian, American, Japanese ships also dock at the Sri Lankan port. Recently Iranian Naval Ships docked at the port of Colombo. Is it a problem?
France-based aircraft manufacturer Airbus said on Sunday night it was sorry about an incident at the Singapore Airshow, as some Chinese visitors said that they were banned from visiting an A400M transport aircraft.
Technological innovation has empowered the energy transition and green development of Beijing, which has also had a spillover effect on the Beijing-Tianjin-Hebei (Jing-Jin-Ji) region in North China, the Global Times observed through a visit to the national green development demonstration zone in Tongzhou district, Beijing's sub-city center.
More than 300 Chinese technology companies will attend the annual Mobile World Congress (MWC) 2024 in Barcelona, Spain, as analysts said that Chinese firms are ready to share their latest innovations in 5G and artificial intelligence (AI) at the event.
Zong Qinghou, the founder and chairman of Chinese beverage giant Wahaha Group, died on Sunday at the age of 79, the company has confirmed.
US chipmaker Nvidia has reportedly identified Chinese tech company Huawei as a top competitor in several categories including artificial intelligence chips (AI), a move which industry observers said underscored the rapid climb-up of Chinese companies' tech prowess, fueled by their stepped-up research and development (R&D) investments and the explosive demand in homegrown markets.
New UK sanctions targeting Chinese companies over Ukraine crisis are unilateralism that has no basis in international law, and China is firmly opposed to it, a spokesperson for the Chinese Embassy in the UK said on Thursday, warning that any actions which harm China's core interests will be met with a firm counterattack.
Several top asset management giants have increased their stakes in leading Chinese concept stocks in preparation for the further recovery of the Chinese capital market, boosted by a slew of stabilization measures.
China's benchmark Shanghai composite stock index rose for the sixth straight day on Wednesday, up nearly 1 percent to close at 2,950.96 points.
Workers gear up for orders at a photovoltaic product company in Zaozhuang, East China's Shandong Province, on February 20, 2024, following the conclusion of the Chinese Lunar New Year holidays. New-energy products, such as solar panels, have emerged as a booming driver for China's exports. Photo: VCG
China's second-hand house market rebounded during the 2024 Spring Festival holidays, with the nationwide transaction volume surging by 70 percent, data from Beike Research Institute showed.
Some political forces have spread too many rumors and created too much disinformation about Northwest China's Xinjiang Uygur Autonomous Region in the world. “Forced labor” is one of these. By concocting these lies, they are aiming to destabilize Xinjiang and hold back China's development and revitalization, Mao Ning, spokesperson of the Chinese Ministry of Foreign Affairs, said on Monday during a routine press conference.
Australian winemakers are adopting proactive strategies such as increasing shipments to China's Hong Kong Special Administrative Region (HKSAR), in anticipation of the removal of tariffs on their products in the Chinese mainland, their largest market, the Global Times learned from industry insiders and media reports.
As artificial intelligence (AI) innovations are starting to reshape people's daily lives, Chinese smartphone makers have ramped up the development of AI phones, showcasing the endeavors of Chinese enterprises in independent research and development (R&D) in leading technologies.
Chinese carmaker BYD said it will invest more to help expand new-energy vehicle (NEV) exports via sea shipping, with seven new roll-on/roll-off (ro-ro) ships - for wheeled cargo transport - expected to begin operating in the next two years, Wang Chuanfu, chairman and president of BYD, said on Sunday.
Holiday travel and spending during the just concluded Chinese Lunar New Year recess hit record highs, surpassing pre-pandemic levels seen in 2019, official data revealed on Sunday.
Nearly 58 percent of the companies listed on the Chinese domestic stock market that have released their financial results reported growth in both revenue and profit in 2023 compared with the previous year, according to a report by the Securities Times newspaper.
As half of China's eight-day Spring Festival holidays has passed, the record-setting domestic trips of the travel peak this year are facilitating consumption across the country.
Chinese technology firm Hesai Technology said that the Pentagon's recent claim linking the company's business to the military is unfair and groundless. The company is planning to sue the US government department to protect its reputation, the company said on its official website on Wednesday.
Chinese equities ended up higher on Thursday, the last trading day of the Year of the Rabbit, marking the third consecutive day that the market stretched a rally after short-term volatilities. The total daily turnover of the Shanghai and Shenzhen bourses reached nearly 1.02 trillion yuan ($141.75 billion) on Thursday, a second day in a row that the key gauge on market sentiment hit over 1 trillion yuan.
Chinese mainland-based airlines have ramped up flights to Australia amid the Spring Festival travel peak, and the number of two-way flights has recovered to more than 80 percent of the 2019 level, market data showed.
China's film bureau and the country's monetary authorities have announced plans to hand out movie coupons worth 30 million yuan ($4.17million) in digital yuan for consumption during the upcoming Spring Festival holidays.
China's telecom operators have taken steps to upgrade their service in multiple Chinese cities to help foreign visitors, in line with the country's high-quality opening-up and international personnel exchange promotions, Chinese Foreign Ministry (FM) said on Wednesday.
Chinese stocks rallied for a second consecutive day on Wednesday, with the benchmark Shanghai Composite Index rising 1.44 percent to close at 2,829.70 points. Turnover in Shanghai and Shenzhen bourses exceeded 1 trillion yuan ($139 billion) on Wednesday, the first time since November 21, 2023.
Norwegian seafood exports to China are expected to show promising growth this year, with exports of salmon rising in January amid booming demand ahead of the Chinese New Year holidays that start on February 10, relevant data showed.
The 4th China International Consumer Products Expo (CICPE) will take place in Haikou, capital of South China's Hainan Province, from April 13 to 18, the Xinhua News Agency reported on Monday.
Chinese ministries and departments have vowed more measures to further optimize the business environment to build the country into an open economy. Significant progress has been made in improving the business environment in the past year. This has provided strong support for the overall recovery of the economy, officials said on Monday during a press conference.
Sun Zhigang, former vice director of the Financial and Economic Affairs Committee under the National People's Congress (NPC), the country's top legislature, who also served as former secretary of the Communist Party of China (CPC) Guizhou Provincial Committee, has been expelled from CPC over severe violations of discipline and law, according to a report by state broadcaster China Central Television (CCTV).