Company
Foreign companies based in north China's Tianjin Municipality are hoping for a smooth resumption of production following the recent local outbreak of COVID-19.
By Global Times | 2022/1/18 23:24:45
MORE
  • China's autonomous driving enters fast lane, boosted by NEV growth and favorable policies

    The ravaging COVID-19 pandemic has disrupted many sectors across the global economy, posing multiple challenges to enterprises and their manufacturing capacity. But there is one sector that has remained unaffected, witnessing record new development over the past two years: autonomous driving.

    By Zhang Hongpei | 2022/1/18 16:13:17
  • Chinese, foreign couriers vow enhanced disinfection of inbound parcels after Omicron cases

    Chinese and foreign courier companies vowed to strictly follow virus control rules in China, including disinfecting the outer packages for all imported goods and placing virus warning labels on the packages, after the country vowed to prevent international packages from causing any more local COVID-19 flare-ups.

    By GT staff reporters | 2022/1/18 13:41:52
  • Appliance maker Gree pauses production amid reported Omicron cases in Zhuhai

    One of China's largest home appliance manufacturers, Gree, located in Zhuhai, South China's Guangdong Province, announced a pause in production from Monday to Tuesday, according to media reports on Monday.

    By Global Times | 2022/1/17 13:18:10
  • China's top economic regulator calls for efforts to ramp up consumption during holidays

    China's National Development and Reform Commission (NDRC) recently issued a notification addressing the upcoming lunar 2022 Spring Festival and Lantern Festival, aimed at stimulating consumption during the traditional Chinese holidays, according to the official WeChat account of NDRC on Sunday.China's National Development and Reform Commission (NDRC) recently issued a notification addressing the upcoming lunar 2022 Spring Festival and Lantern Festival, aimed at stimulating consumption during the traditional Chinese holidays, according to the official WeChat account of NDRC on Sunday.

    By Global Times | 2022/1/16 14:05:42
  • Sam's Club in SW China's Sichuan under investigation due to unqualified beef product

    The market regulatory department in Chengdu, Southwest China's Sichuan Province, launched an investigation into Walmart Inc's Sam's Club on Friday after a consumer complained that he was sold beef product that had already gone bad.

    By Global Times | 2022/1/15 13:50:03
  • Canon to close Chinese subsidiary following sharp drop in camera market

    Japanese camera maker Canon has decided to shut down its subsidiary in Zhuhai, South China's Guangdong Province, just ahead of the Chinese unit's 32nd anniversary on Saturday, according to media reports. The firm blamed a shrinking camera market globally and pressure from the COVID-19 pandemic.

    By Global Times | 2022/1/14 23:35:03
  • Sam's Club fined over $47k for default five-star ratings on app after removing Xinjiang products

    Walmart China has been fined 300,000 yuan ($47,218) for putting in place a default five-star ratings for products on the Sam's Club App. The Guangdong Administration for Market Regulation (GAMR) deemed that such false commercial publicity would deceive and mislead consumers.

    By Global Times | 2022/1/14 16:55:26
  • Volkswagen, Toyota factories in Tianjin shut down amid latest outbreak

    Global car producers Volkswagen and Toyota's factories in Tianjin have been shut down since Monday as the city battles a new epidemic outbreak.

    By Global Times | 2022/1/13 23:01:54
  • US bullying Chinese Olympic sponsors over Xinjiang cotton usage triggers fury in China

    The US move to bully two Chinese sponsors for the 2022 Beijing Winter Olympic Games over the fabricated "forced labor" allegation in Xinjiang has triggered heated criticism and protests from Chinese scholars, who accuse the US government of using the apolitical Olympic Games to defame China.

    By By Xie Jun and Tao Mingyang | 2022/1/13 21:36:08
  • Vietnam's first city metro, built by China, carries 14,917 passengers per day

    The opening ceremony of Vietnam's first urban light rail, which was built by China, was held in Hanoi on Thursday. The metro line made about 13,000 runs and carried more than 1 million people during the 67-day trial operation, which started on November 6, 2021.

    By Global Times | 2022/1/13 21:24:45
  • Beijing 2022 achieves 98% sustainable commitments, to neutralize all carbon emissions during Games: report

    The 2022 Beijing Winter Olympics has achieved 98 percent of its sustainable commitment as of September 30, 2021, with carbon emissions during the games set to be neutralized, a report released by the Beijing 2022 Winter Olympic Games said on Thursday, debunking Western media's stepped-up hype over the claimed environmental cost of the event and the alleged difficulty to verify commitment.

    By Li Xuanmin | 2022/1/13 16:48:25
  • Nation to ramp up 6G innovations, satellite-empowered networks

    China vowed to increase support for 6G innovations and promote 6G international standardization in a digital economy development plan for 2021-25 released on Wednesday, reiterating the country's ambition of maintaining its edge in the ultrafast 6G era, despite challenges and hurdles.

    By Global Times | 2022/1/12 22:12:04
  • China's auto exports surge in 2021 to reach 2 million units, setting a new record

    China's auto vehicle exports doubled to a record 2.02 million in 2021, breaching the 2-million-mark for the first time, data released by the Ministry of Industry and Information Technology (MIIT) showed on Wednesday.

    By Global Times | 2022/1/12 22:08:24
  • Chinese investors' concerns linger though India revises policy

    Chinese industry representatives and experts said their concerns about the deteriorating business climate in India remain strong, despite reported New Delhi moves to ease curbs on foreign direct investment (FDI).

    By Yin Yeping | 2022/1/12 21:30:31
  • China helps advance technology in Africa

    China has set a milestone in its technological commitments to Africa, with tech giant Huawei working with Zambia's mobile telecom operator MTN in a pilot program to roll out the African nation's first 5G network.

    By GT staff reporters | 2022/1/12 20:56:55
  • Boao Forum to be held in the spring, focusing on regional economy

    China is set to hold the annual Boao Forum in the coastal city of Boao, Hainan Province in coming spring, despite recent COVID-19 resurgence, but the exact date will depend on the pandemic situation.

    By Global Times | 2022/1/12 19:32:33
  • Retail sales of NEVs in 2021 up 169.1% y-o-y

    China's retail sales of new energy vehicles (NEVs) from January to December in 2021 reached 2.989 million units, an increase of 169.1 percent year-on-year, according to an article released by the China Passenger Car Association (CPCA) on its WeChat account on Tuesday.

    By Global Times | 2022/1/12 2:48:17
  • Manzhouli, a major China-Russia trade hub, expected to fully resume operation after month-long shutdown

    Chinese businesses witnessed partial disruptions from the month-long shutdown at the border port of Manzhouli, Inner Mongolia Autonomous Region, North China, which is a major trade hub between China and Russia, amid renewed pandemic prevention and control actions.

    By GT staff reporters | 2022/1/11 21:08:02
  • Food companies in Tianjin join local Omicron fight, special licenses ensure transport

    Multiple food companies in North China's Tianjin have joined the fight against the Omicron variant outbreak. The Tianjin government on Monday issued special licenses for some local food companies to ensure the normal operation of logistics in the region amid restrictions and checks along delivery routes.

    By Tao Mingyang | 2022/1/11 20:44:04
  • Indonesia's coal exports to China resume in phases: industry insider

    Indonesia's coal exports to China have resumed in phases, and a dozen ships departed on Monday night heading to Chinese ports, with dozens more expected in coming days.

    By Global Times | 2022/1/11 20:40:19
  • New Oriental livestreaming business is floundering: company founder

    Daily sales through the livestreaming platform of New Oriental, a previous private educational business, were "too small", the company's founder Yu Minhong said, following the launch of the platform two weeks ago.

    By Global Times | 2022/1/11 16:48:02
  • Netizens welcome Intel's 'belated' removal of reference to Xinjiang, demanding Walmart follow suit

    Chinese netizens expressed their welcome after US chipmaker Intel removed a reference to Northwest China's Xinjiang Uygur Autonomous Region from an annual letter to suppliers on Tuesday, saying that the correction, though delayed, sets a good example for other US firms such as Walmart to follow suit.

    By Global Times | 2022/1/11 15:53:20
  • Tianjin Port running normally despite coronavirus flare-up

    Tianjin Port, the world's ninth largest port in terms of cargo throughput, said its operations remain normal after 21 new confirmed coronavirus cases were detected in the city on Sunday, including cases involving the Omicron variant.

    By Zhang Dan and Tao Mingyang | 2022/1/10 20:03:16
  • Real estate giant Evergrande relocates headquarters amid financial crisis

    Debt-wracked property giant China Evergrande Group has reportedly moved out of its headquarters building in Shenzhen and back to Guangzhou, at a time when the company is struggling to repay billions in liabilities.

    By Global Times | 2022/1/11 1:34:51
  • Chinese PV suppliers ponder market potential in Afghanistan

    Chinese photovoltaic (PV) suppliers are eyeing opportunities in Afghanistan amid the growing expectation of more cooperation from the Afghan government and businesses there, where electricity supplies are uncertain.

    By GT staff reporters | 2022/1/10 20:57:27
  • China's 2022 tourism to recover to 70% of pre-pandemic level: report

    The domestic tourism industry in 2022 is expected to recover to 70 percent of the pre-pandemic level, and the number of trips made in China is estimated to grow 16 percent to 3.98 billion from last year, an industry report said, with domestic tourism players cautiously optimistic on the outlook despite lingering uncertainty caused by the COVID-19 pandemic.

    By Liu Yang | 2022/1/10 20:46:27
  • Lithuania should not become a 'chess piece' of Washington: Foreign Ministry

    China urges Lithuania to immediately correct its wrongdoings, and not become a "chess piece" for the anti-China forces in the world, while also sending a stern warning to the US that playing the "Taiwan card" would only backfire on itself, China's Foreign Ministry said on Monday.

    By Global Times | 2022/1/10 18:35:17
  • Huawei reportedly to launch self-developed browser kernel

    Chinese tech giant Huawei is reportedly conducting research and development (R&D) into a Chinese-developed browser kernel, expected to fill the gap in domestic technology.

    By Global Times | 2022/1/10 15:05:01
  • Chinese private tutoring giant New Oriental sees revenues shrink by 80%, dismissal of 60,000 employees: founder

    New Oriental's market value evaporated by 90 percent, alongside an 80 percent slump in its operating revenues and a dismissal of 60,000 employees, Yu Minhong, founder of the Chinese private education giant disclosed on Saturday, attributing the fallout to the regulatory toughening over private tutoring and other uncertainties.

    By Global Times | 2022/1/10 2:51:36
  • Production of CanSino Biologics not yet affected by Tianjin Omicron infections: report

    CanSino Biologics, Tianjin-based COVID-19 vaccine maker, said its production and operations remain unaffected by the local coronavirus flareup for the time being, media reported on Sunday after the northern Chinese municipality recorded cases of the Omicron variant.

    By Global Times | 2022/1/10 0:34:54
  • US computer gear maker Corsair apologizes after listing Taiwan as 'country of manufacture,' but users still angry

    US computer peripherals and hardware maker Corsair apologized over the weekend after an instruction manual for one of its memory products was found to have listed the island of Taiwan as the “country of manufacture,” which sparked widespread anger among the Chinese public.

    By Global Times | 2022/1/9 22:24:49
  • Huawei raises 4b yuan through 3-year notes in another self-rescue effort

    Chinese telecom giant Huawei is taking actions ranging from issuing debts to a management overhaul, as the company continues to cope with lingering challenges such as the US' crackdown and the ongoing COVID-19 pandemic.

    By Xie Jun and Shen Weiduo | 2022/1/9 21:50:26
  • Traditional Chinese medicine maker expands amid rising overseas demand during pandemic

    Traditional Chinese medicine (TCM) makers have been accelerating their overseas registration process and expansion plans in response to booming global demand amid the ongoing coronavirus pandemic.

    By Yin Yeping and Xiong Xinyi | 2022/1/9 20:36:05
  • Output of Bohai Sea oil field exceeds 30m tons in 2021, largest in nation

    The annual crude oil output of China's Bohai Sea oil field reached 30.132 million tons in 2021, accounting for one-seventh of the country's overall annual crude oil output and becoming the country's largest oil field, the Xinhua News Agency reported on Sunday.

    By Global Times | 2022/1/9 16:41:14
  • Airbnb in US crosshairs on Xinjiang, following Tesla

    US-based home rental firm Airbnb may become the latest company after Tesla to face fire on Xinjiang-related affairs from US politicians, which experts said on Saturday shows that the US government is now the biggest obstacle for US companies to expand and make more profits.

    By Global Times | 2022/1/8 17:46:29
  • CSTO to send peacekeeping troops to help quell unrest in Kazakhstan

    With half of Kazakhstan's territory engulfed in riots, the country has taken more measures to deal with the unrest, including seeking assistance from the Collective Security Treaty Organization (CSTO). As the chaos in the Central Asian country - the worst in decades - has shown signs of a "color revolution," analysts warned of the high possibility that the US will take the chance to destabilize the region to further contain China and Russia.

    By GT staff reporters | 2022/1/6 22:21:44
  • Chinese firms' energy projects in Kazakhstan remain safe: sources

    The protests in Kazakhstan have sparked concerns on oil and gas deliveries to China. However, Chinese enterprises and industry insiders said that the unrest will not have a big impact as the transportation of oil and gas are technically reliable. Local Chinese companies said that they are prepared, and the Kazakh government will also take corresponding measures to ensure the safety.

    By GT staff reporters | 2022/1/6 20:20:08
  • Chinese crypto miners in Kazakhstan use satellite networks, less hit by internet cut

    Some major Bitcoin mining pools in Kazakhstan have been significantly affected after internet access was cut off amid protests sparked by fuel costs in the country, which is home to as much as 18 percent of the world's Bitcoin hashrate after miners flocked to the country following a crackdown in China.

    By Global Times | 2022/1/6 19:36:24
  • Lack of chips to further hit UK car market in 2022 - industry group

    The global semiconductor chip shortage will continue to hurt British car sales throughout this year and into 2023 after making a serious dent in vehicle supply in 2021, an industry group said on Thursday.

    By Reuters | 2022/1/6 19:18:59
  • Indian court halts Amazon, Future arbitration in blow to US giant

    A Delhi court has halted arbitration proceedings between Indian conglomerate Future Group and its estranged US partner Amazon.com in light of the national antitrust agency's suspension of a 2019 deal between the two sides.

    By Reuters | 2022/1/6 19:03:36
  • Vietnam's VinFast plans US battery plant

    Vietnam's VinFast plans to build electric vehicle (EV) battery cells and packs in a new US manufacturing complex, its global chief executive told Reuters, as the company moves to transform itself into an all-electric automaker by the end of this year.

    By Reuters | 2022/1/6 19:00:41
  • China's private services PMI in December stands at 53.1, maintaining expansion

    The Caixin Services Purchasing Manager's Index (PMI), a private survey that gauges China's services sector activity, rebounded in December ending at 53.1, up 1 percentage point from November and in expansionary territory for the fourth consecutive month, data released by Caixin said on Thursday.

    By Global Times | 2022/1/6 14:05:31
  • JD becomes partner of 2022 Spring Festival Gala, to hand out $230 million digital red packets

    One of China's major e-commerce platforms JD announced on Thursday that the company has become the exclusive interactive partner of the 2022 Spring Festival Gala by the China Media Group (CMG), and will lead the charge in sharing digital red packets during the event.

    By Global Times | 2022/1/6 14:01:52
  • Tesla Cyberwhistle sells out in China thanks to fans buying spree

    One of the peripheral products made by US electric vehicle giant Tesla, the Tesla Cyberwhistle, has run out of stock at Tesla China's official online shopping mall, following a buying frenzy by Tesla fans.

    By Global Times | 2022/1/6 11:49:26
  • Xiaomi says India's $88 million fine is caused by disagreement on determining price of imported goods

    Chinese smartphone maker Xiaomi said on Wednesday that the tax issue between its Indian subsidiary and the Indian tax authorities was caused by the disagreement on the methodology to determine the price for imported goods, which came after the Indian Ministry of Finance fined Xiaomi RS.653 crore ($88 million) for evasion of customs duty.

    By Global Times | 2022/1/6 1:12:15
  • Chinese firms showcase autonomous driving technology at CES 2022

    The Consumer Electronics Show (CES) kicked off in Las Vegas on Wednesday, with Chinese firms showing off their latest technologies and products related to self-driving, an emerging segment of transportation and one of the focuses of the CES 2022.

    By Chi Jingyi | 2022/1/5 22:01:05
  • CNOOC to terminate American Depositary Shares Program on February 3

    China National Offshore Oil Corporation (CNOOC) announced on Wednesday that the company will terminate its American Depositary Shares (ADSs) Program on February 3, 2022.

    By Global Times | 2022/1/5 21:49:55
  • China Mobile surges on Shanghai debut, shrugging off US delisting

    China Mobile, the telecom behemoth that was delisted from the US stock market last year, surged by 9.41 percent to 63 yuan ($9.92) during its Shanghai debut on Wednesday, an iconic event that may prompt more Chinese firms to seek home-return listings amid rising uncertainties in the US capital market.

    By GT staff reporters | 2022/1/5 21:49:18
  • Domestic airlines scrap fuel surcharge ahead of festival season

    Chinese airlines are scrapping fuel surcharges starting from Wednesday, reversing a decision to reimplement the levy just two months prior, according to airlines including Air China.

    By Global Times | 2022/1/5 20:23:49
  • Airport projects in China set to take off

    Several cities across China are welcoming a new round of airport construction projects in the new year. The projects range from airport expansion to new airport construction, spanning from South to East China, as cities look beyond the pressure generated by the ongoing pandemic.

    By GT staff reporters | 2022/1/5 20:20:20
  • SERES says SF5 production is normal, though partner Huawei debuts new AITO M5

    Chinese carmaker SERES said that production of the SERES SF5, the electric vehicle it has launched together with telecom giant Huawei, remains normal at present, after media reports saying the car was unavailable for purchase, which many equated to a "production suspension" after only eight months on the market.

    By Global Times | 2022/1/5 17:41:55
  • Beijing city to incorporate bike-sharing companies into transport credit system

    The Beijing Municipal Commission of Transport issued evaluation standards for a credit system targeting bike-sharing companies, which may be used to regulate bike-sharing internet platforms' compliance with the law.

    By Global Times | 2022/1/5 15:16:57
  • China issues 6 million yuan fine to Tencent, Alibaba subsidiaries, Bilibili

    China's State Administration for Market Regulation (SAMR,) the country's top market regulator, imposed a number of fines on domestic online giants including Tencent, Alibaba and Bilibili on the first working day of 2022 for violations of anti-monopoly law, as China stepped up efforts to tighten regulations on domestic online platforms. Experts believe that this marks the start of a sustained antitrust campaign targeting China's internet giants in 2022.

    By Global Times | 2022/1/5 15:09:23
  • China Mobile shares surge on Shanghai debut, turnover surpasses $1.57 billion as of noon

    China Mobile, the Chinese telecom behemoth that was delisted from the US market last year, surged by 9.41 percent reaching 63 yuan ($9.92) per share during its Shanghai debut Wednesday, equaling a total market value of 1.34 trillion yuan.

    By Global Times | 2022/1/5 12:07:53
  • China's top market regulator fines Tencent, Alibaba ventures $78,450 each for monopolist practices

    China's top market regulator fines Tencent, Alibaba ventures $78,450 each for monopolist practices

    By Global Times | 2022/1/5 11:35:16
  • Chinese netizens applaud Tesla's store opening in Xinjiang

    Tesla received wide praises from Chinese netizens on social media after the company's recent announcement of the opening of its showroom in Urumqi, Northwest China's Xinjiang Uygur Autonomous Region, its first store in the region.

    By Global Times | 2022/1/4 23:33:46
  • More Chinese firms skip CES 2022 amid COVID-19, US crackdown

    The Consumer Electronics Show (CES) in the US, which has been a barometer of global consumer electronics technology, is drawing global attention for its first on-site exhibition after the outbreak of COVID-19 pandemic, but many Chinese companies said they will not attend, either online or in person, due to the epidemic and the US' crackdown on Chinese tech firms.

    By GT staff reporters | 2022/1/4 20:08:53
  • Innisfree closes down 80% of its stores in Chinese mainland citing strategy adjustment

    South Korea's innisfree is reportedly axing 80 percent of its physical stores in the Chinese mainland as part of the company's strategy.

    By GT staff reporters | 2022/1/3 22:54:48
  • China Evergrande achieves 443.02 billion yuan in contracted properties sale during 2021: report

    China Evergrande Group's contracted sales value of properties in 2021 hit 443.02 billion yuan ($69.22 billion), equivalent to a contracted sales area of 5,426.5 hectares, according to an announcement published by the company on Tuesday.

    By Global Times | 2022/1/4 14:07:03
  • Shanghai market regulator fines Sam's Club 10,000 yuan for food security issue

    The market regulator for Qingpu district in Shanghai recently fined Sam's Club Shanghai 10,000 yuan ($1,573.49) for producing, selling food and food additives with illicit tag and introductory information, according to online enterprises platform Tianyancha.

    By Global Times | 2022/1/4 13:54:32
  • Many Chinese companies donate money and goods to help Xi'an during lockdown

    As of Tuesday, many Chinese companies including Alibaba, Tencent, Xiaomi and Geely Auto have sent more than 100 million yuan ($15.74 million) in financial donations and supplies including vegetables, meat and masks to Xi'an, the capital city of Northwest China's Shaanxi Province, as the city received helping hands from across the country as it continues to combat one of China's most severe COVID-19 outbreaks to date.

    By Global Times | 2022/1/4 13:47:06
  • Netizens doubt Kindle will withdraw from Chinese market, specific model sold out: Amazon

    Netizens on Chinese Twitter-liked social media Sina Weibo were questioning on Monday as to whether that US e-reader Amazon Kindle may quit Chinese market. Amazon replied on Tuesday that consumers can purchase Kindle from online or offline stores but some specific models have sold out in Chinese market at present.

    By Global Times | 2022/1/4 13:34:29
  • Domestic membership stores may replace foreign rivals amid Sam's Club backlash

    Domestic membership stores such as Freshhema have great potential to develop and out-compete foreign rivals with more domestic e-commerce platforms launching membership stores, which experts note that foreign brands such as the Sam's Club may be at risk of losing their market share in China.

    By Global Times | 2022/1/3 22:45:21
  • Three Squirrels apologizes for using 'red scarf' in commercials

    Chinese snack maker Three Squirrels apologized on Monday after the disclosure of a commercial poster using the red scarf, the symbol of Chinese Young Pioneers, for marketing purposes three years ago.

    By Global Times | 2022/1/3 16:28:52
  • Huawei vows to build up long-term competitive edge despite its 2021 revenue expected to drop by 29%

    A Huawei executive on Friday vowed the company would build up its long-term competitive edge in fields like operating systems in 2022 to embrace industry opportunities despite its annual revenue expected to drop nearly 29 percent in 2021 amid political crackdown by the US government.

    By Global Times | 2021/12/31 16:39:29
  • Airlines enhance strategic partnership to increase cargo transport with China

    Currently, China has signed air transport agreements with 103 countries along the Belt and Road Initiative route, and maintained air services with 53 countries. The number of flights with countries along the route accounted for 65.9 percent of China's total flights.

    By Global Times | 2021/12/29 20:15:26
  • China to speed up use of next-generation tech like 5G, AI in rare-earth industry

    A senior Chinese official on Wednesday called on rare-earth companies to accelerate their digital transformation and carry out mergers and reorganizations, as the country has moved swiftly to upgrade the crucial sector and build an efficient, robust industry cluster.

    By Global Times | 2021/12/29 20:04:15
  • Xiaomi aims to surpass Apple to be world's largest smartphone maker in 3 years: Lei Jun

    Lei Jun, founder and CEO of Chinese electronics giant Xiaomi, said on Tuesday that the company will aim to surpass Apple and vowed to make Xiaomi the world's biggest smartphone maker in the next three years.

    By Global Times | 2021/12/29 0:04:03
  • Mercedes-Benz removes controversial ad amid Chinese netizens' uproar

    Carmaker Mercedes-Benz has been involved in a controversy since Monday night over an advertisement featuring a model with squint eyes after Chinese snacks retailer Three Squirrels launched a similar ad which triggered a wide debate on Chinese social media. The carmaker has not responded to the incident but it removed the controversial ad from its official Weibo account.

    By Global Times | 2021/12/28 23:02:42
  • Foxconn step up hiring in China amid India plant closure

    Apple's major contract manufacturer Foxconn is expanding its recruitment at several plants in the Chinese mainland with higher wages and bonuses, amid extended closure of its Indian plant after a mass food-poisoning incident.

    By Yin Yeping | 2021/12/28 20:24:47
  • Equity game between Chinese, foreign auto players starts following removal of ownership cap

    As the new policy will soon take effect, which side will take the first move? Foreign automakers or their domestic partners? Industry observers believe three results are possible: both sides maintaining the status quo, foreign players increasing their share in the JV or domestic firms taking the initiative.

    By By Zhang Hongpei | 2021/12/28 18:22:30
  • China's cyberspace regulator responds to the blacklisting of Steam platform: illicit acts exist

    China's cyberspace regulator responded to the blacklisting of US video game distribution platform Steam in the Chinese mainland. On Tuesday, the Ministry of Industry and Information Technology (MIIT) told Chinese online media outlet lanjinger.com that the blacklisting of Steam was caused by illicit activities.

    By Global Times | 2021/12/28 16:16:12
  • China Photovoltaic Industry Association opposes US Xinjiang bill that curbs the development and progress of Xinjiang

    The China Photovoltaic Industry Association (CPIA) strongly opposes the signing into law of the so-called Uyghur Forced Labor Prevention Act, condemning the US bill as it “disregards the truth, seriously violates international law and basic norms governing international relations and seriously and rudely damages China's overall interests.”

    By Global Times | 2021/12/28 15:52:21
  • TCM prices surge due to weather and tightened regulation

    Major Traditional Chinese Medicine (TCM) enterprises have raised the prices for TCM by as much as 20 percent in December, CCTV reported on Tuesday.

    By Global Times | 2021/12/28 15:23:17
  • Chinese education company New Oriental launches livestreaming platform and ventures into e-commerce after stricter regulations on private tutoring

    China's largest private education agency New Oriental Education and Technology officially launched a livestreaming platform called "Dongfangzhenxuan," with the company's founder Yu Minhong set to deliver his first livestreaming show selling fresh produce, New Oriental announced viaits official WeChat account on Tuesday morning.

    By Global Times | 2021/12/28 14:25:13
  • China not blocking Lithuanian goods, but firms consider cutting ties amid rising anger

    Chinese customs and industry insiders on Monday refuted some EU officials' claims that Chinese customs are not clearing products from Lithuania or those from EU countries that contain Lithuanian components, urging EU officials to stop hyping claims of “economic coercion.”

    By GT staff reporters | 2021/12/27 21:25:24
  • Foreign plants in Xi'an see only limited disruption amid COVID-19 flare-up

    Foreign high-tech manufacturers have seen only limited impact on their operations in Xi'an, a major production and logistics hub in Northwest China's Shaanxi Province, despite tougher epidemic prevention and control measures, industry insiders told the Global Times on Monday.

    By Yin Yeping | 2021/12/27 20:43:14
  • AI supported unmanned vehicles expected to go to the moon: Baidu executive

    China will welcome the golden age of AI in the coming years as it will be widely used in the aerospace industry. Unmanned vehicles supported with AI are expected to go to the moon, Robin Li, founder of tech giant Baidu, said on Monday.

    By Global Times | 2021/12/27 13:17:53
  • Chinese manufacturing industry leaders call for focus on core technologies

    Experts and representatives from leading Chinese manufacturers called for the development of vital technologies such as chips and robots for China's "root economy" at a gathering on Sunday, reaffirming the vital role technologies play in China's economy, especially amid a high-tech blockade from the US government.

    By Xie Jun and Qi Xijia | 2021/12/26 22:18:08
  • China, Cuba sign cooperation plan to promote BRI construction

    China and Cuba have signed a cooperation plan to promote construction of the China-proposed Belt and Road Initiative (BRI), injecting momentum for further collaboration by leveraging the complementary advantages of both parties and for cooperation between China and Latin America.

    By Global Times | 2021/12/26 17:46:38
  • Huawei and carmaker Seres launch first vehicle with HarmonyOS, vow to 'redefine smart mobility'

    Chinese telecommunications giant Huawei launched on Thursday the first HarmonyOS vehicle named AITO M5, developed with carmaker Seres, marking a step forward into the auto industry amid a shrinking smartphone business caused by US sanctions.

    By Global Times | 2021/12/23 23:55:38
  • India urged to respect legitimate rights of Chinese firms amid tax probe

    The Indian government should protect the legitimate rights and interests of Chinese firms in India, Chinese analysts urged, as New Delhi launched investigations into multiple Chinese companies on tax and income issues. An India-based source familiar with the matter told the Global Times that the operations of Chinese firms remain normal at the moment, but relevant companies are looking to reassure their Indian employees as the investigation has caused some concerns.

    By Yang Sheng, Zhang Hongpei and Zhang Changyue | 2021/12/23 22:46:59
  • Huawei launches series of new products, with HarmonyOS embedded in 220 million devices

    China's tech giant Huawei, under a US crackdown for more than two years, launched new products ranging from smartphones, watches, smart eyewear and laptops to the HarmonyOS Smart Cockpit during a high-profile event in Shenzhen, Guangdong Province on Thursday.

    By Shen Weiduo in Shenzhen | 2021/12/23 21:26:31
  • China Rare Earth Group Co is set up, to increase pricing power

    China on Thursday officially set up the China Rare Earth Group Co, an industrial conglomerate through merging several key producers of the important mineral resources, China's national assets regulator said.

    By GT staff reporters | 2021/12/23 21:03:48
  • Intel apologizes, but angered Chinese netizens demand revocation of Xinjiang boycott statement

    US chip giant Intel on Thursday broke silence on its controversial move to boycott products and labor from Northwest China's Xinjiang Uygur Autonomous Region, but its belated and insincere apology statement exacerbated fury among affronted consumers in the world's largest computer market.

    By GT staff reporters | 2021/12/23 20:52:50
  • Amazon among key tech firms to drop CES plans on COVID-19 concern

    Amazon and its smart-home unit Ring said they would not be onsite at next month's event due to the "quickly shifting situation and uncertainty around the Omicron variant" of coronavirus, the firm's spokesperson told Reuters in an email.

    By Reuters | 2021/12/23 20:36:46
  • TikTok beats Google, becomes most visited website in 2021: report

    Chinese short-video app TikTok, owned by Beijing-based ByteDance, ranks first in the 2021 most visited websites list, according to web security and performance company Cloudflare.

    By Global Times | 2021/12/23 19:32:02
  • Intel apologizes for its Xinjiang boycott, but many Chinese don't buy it

    US chip giant Intel on Thursday apologized to its Chinese consumers, partners and the public for trouble caused by its move to boycott products from Northwest China's Xinjiang Uygur Autonomous Region, but some Chinese netizens and experts said that the apology was not sincere and more commercial ramifications could follow.

    By Global Times | 2021/12/23 12:15:56
  • Chinese rare-earth stocks jump up following historic SOE merger

    China's rare-earth stocks rallied on Thursday morning in response to news that China has set up a new rare-earth conglomerate by merging the minerals' assets in several state-owned enterprises, as investors voted for the sector's promising development prospects.

    By Global Times | 2021/12/23 13:08:38
  • Chinese pop singer cuts ties with Intel, as firm feels wrath over its Xinjiang boycott

    Intel's Chinese brand ambassador announced Wednesday plans to terminate cooperation with the US chipmaker, as Intel spirals deeper into a storm of Chinese social media criticism in the wake of its involvement in disinformation on Xinjiang.

    By GT staff reporters | 2021/12/22 21:56:14
  • Shortlist of national blockchain-based pilot units revealed to public

    Chinese authorities released a shortlist of blockchain-based pilot units across the country on Wednesday, in a bid to start practical trials in sectors including manufacturing, energy and finance, and advance blockchain sector's global competitiveness.

    By Global Times | 2021/12/22 21:46:17
  • China's antitrust bureau conditionally approves SK Hynix's purchase of Intel's NAND memory chip business

    China's top market regulator announced on Wednesday its antitrust review decision that conditionally approves SK Hynix's planned purchase of Intel's NAND memory chip business.

    By Global Times | 2021/12/22 21:31:52
  • Alibaba Cloud suspended from security platform for failing to report software glitch

    Alibaba Cloud, Alibaba's cloud computing subsidiary, has been suspended for six months from a national network security information-sharing platform by China's internet technology regulator after failing to report a security glitch.

    By Qi Xijia | 2021/12/22 21:11:16
  • Regulators tell livestreamers to report irregularities following Viya's $210m fine

    Local taxation authorities across China including Beijing, Shanghai, Zhejiang, Jiangsu and Guangdong have asked celebrities and livestreamers to assess their tax declarations, and report their business irregularity, such as tax dodging, to local authorities, by the end of 2021 if they want to receive leniency on penalties, in the wake of the $210 million fine imposed on renowned Chinese livestreamer Viya.

    By Global Times | 2021/12/22 21:10:18
  • China approves major rare-earth merger to stabilize supply chain

    China has established what experts are calling an "aircraft carrier" in China's rare-earth industry by merging rare-earth assets from several state-owned enterprises, as the country moves to bolster its presence in the global strategic metals supply chain, coming at a time when China is looking to protect its resources after years of unregulated exploitation and heightened China-US trade tensions.

    By Global Times | 2021/12/22 19:24:53
  • Ministry suspends web security cooperation with Alibaba's Aliyun for failing to report software glitch

    Aliyun, Alibaba's cloud computing subsidiary, was removed from participating in a national network security information sharing platform for six months by China's internet technology watchdog after failing to report a security glitch, as the country steps up efforts to ensure network security.

    By Global Times | 2021/12/22 16:04:24
  • China's photovoltaic industry undisrupted by US' move to build industrial cluster in India

    China's leading photovoltaic (PV) industry conglomerates won't be disrupted by the US' recent attempt to build a PV industrial cluster in India, a move intended to replace China's leading position in the region, industry insiders said.

    By Yin Yeping in Qujing | 2021/12/21 22:06:24
  • Huawei refutes Bloomberg report claiming it hacked Australian networks

    Chinese technology giant Huawei released a media statement refuting a recent Bloomberg report alleging the Chinese company infiltrated an Australian telecom network with malware in 2012, involving “Chinese spies”.

    By Global Times | 2021/12/21 21:37:37
  • COVID-19 flare-up 'has limited impact' on Dalang knitwear

    New COVID-19 cases in Dalang town in South China's Guangdong Province have sparked concerns over the production of sweaters there, as Dalang is the largest wool knitting yarn trading center in China.

    By GT staff reporters | 2021/12/21 20:18:42
  • China, Russia forge close ties in energy cooperation under BRI: Sinopec report

    China's oil giant Sinopec on Tuesday released a report about the company's participation and growth in Russia which deepens ties with China on energy cooperation, a key sector following global energy crunch in tandem with climate change crisis.

    By Global Times | 2021/12/21 13:07:26
MORE