On the vast Eurasian continent, regional countries have a long history of people-to-people exchanges, similar development goals and close ties of destiny. During the 24th Meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) held in Astana, leaders of members countries will discuss how to further consolidate cooperation consensus within the region, and how to inject more positive energy into the Eurasia and the world.

McDonald's China, together with its four major suppliers announced the launch of an industrial park in Xiaogan city, Central China's Hubei Province on Wednesday, highlighting the importance of Chinese market in terms of supply chain for food business.

Global auditing firm PricewaterhouseCoopers (PwC) has appointed Li Dan, also known as Daniel Li, as the new chairman for the Asia Pacific and China area, the official website of PwC said.

French carmaker Renault Group said on Monday that its electric vehicle (EV) subsidiary Ampere will work with Chinese battery manufacturer Contemporary Amperex Technology Co (CATL) and South Korea's LG Energy Solution to adopt cheaper and more advanced manufacturing technologies for EV components, in order to stay competitive in the EV market.

American Express said it is bullish on the Chinese financial market, noting that the country's opening-up has been a trigger for the company to consider more investment in China.

US tech-giant Microsoft reportedly said on Monday that it plans to integrate channels in the Chinese mainland to meet dynamic client demand, in response to claims on social media that the company is closing all authorized offline stores in the mainland.

During the hot summer, even with the continuous rise in electricity consumption, the grid in Zaozhuang, East China's Shandong Province, remains stable. Notably, 70 percent of the power comes from photovoltaic sources.

A China's state-owned power supply company in East China's Zhejiang Province has been taking on social responsibility by providing education on biodiversity protection and energy conservation to the next generation, contributing more significantly to the achievement of China's dual carbon goals.

The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns that the three firms could exploit access to American data through their US cloud and internet businesses by providing it to Beijing, Reuters reported on Tuesday, citing people familiar with the matter.

As the global competition for AI talent is intensifying, a growing number universities across China have been ramping up their efforts to cultivate top AI talents and fill up a domestic talent gap, which is expected to be as large as million by 2030. Meanwhile, students, following results of the National College Entrance Examination being released starting from Sunday, have shown their interests in pursuing AI and related undergraduate courses in top universities, the Global Times learned.

China may take countermeasures while citing WTO rules to ask the EU scrap tariffs on Chinese electric vehicles (EV) during upcoming consultations, observers said on Tuesday, as Chinese officials reportedly will have talks with the European Commission (EC) in Brussels this week.

China's Foreign Ministry said on Tuesday that it has made solemn representations to the EU over the latter's sanctions against Chinese firms over claims of links to Russia.

In an ongoing effort to enhance the electricity business environment, a state grid power supply company in Zhoukou, Central China's Henan Province places a strong emphasis on enterprise demands, continuously refines the electricity process, reduces processing times, and deepens visits to enterprises. The company strives for high-quality and efficient solutions to meet enterprise demands, thereby boosting user satisfaction with electricity consumption.

China's accelerating efforts to develop new quality productive forces will create vast opportunities for both Chinese and foreign businesses, experts said during the China Economic Roundtable, an all-media talk platform hosted by the Xinhua News Agency, published on Monday.

Mobile World Congress (MWC) Shanghai 2024 will take place at the Shanghai New International Expo Center and Kerry Hotel Pudong, Shanghai from Wednesday to Friday, with a focus on 5G and artificial intelligence (AI) solutions, the Global Times learned on Sunday from host of the event, Global System for Mobile Communications Alliance (GSMA).

Polish President Andrzej Duda arrived in Beijing on Saturday to kick off a five-day visit to China, which will end on June 26, according to the Xinhua News Agency. Business representatives, a former Polish official and Chinese observers reached by the Global Times expressed high hopes that with Duda's ongoing visit, the two countries could enhance trade and economic cooperation, eyeing concrete cooperation and more measures to foster the joint building of the Belt and Road Initiative (BRI).

The US has reportedly issued draft rules that would restrict and monitor US investments in China for artificial intelligence (AI), computer chips and quantum computing, a move that observers said on Sunday shows that Washington has been tightening its restrictions to stymie the development of China's cutting-edge technologies, with the scope of curbs expanding from export bans to more irrational areas that could result in dire global consequences.

Manner Coffee, one of China's most popular domestic coffee brands, apologized on Friday night after a series of conflicts involving baristas and customers whose patience waned after waiting too long for their orders. The coffee chain vowed to reduce the waiting time and pay more attention to its baristas after overwhelming criticism over its intense workload placed on its employees.

New US tariffs will not hinder overseas expansion, said senior executives from one of China's leading energy storage firms, after the US announced new tariff rates on an array of Chinese imports, including a major hike in levies on Chinese energy storage.

China's first industrial-use nuclear energy steam supply project, Heqi No.1, was officially put into operation on Wednesday in Lianyungang, East China's Jiangsu Province. This marks a step forward in the comprehensive utilization of nuclear energy in China - not simply restricted to power generation or to meet the heating demand of urban households, but to expand into the field of industrial steam supply.

China's Ministry of Commerce (MOFCOM) on Wednesday firmly opposed and slammed the UK's sanctioning five Chinese companies by listing them on the grounds of alleged involvement with Russia, and the ministry vowed to safeguard the legitimate rights and interests of all Chinese enterprises.

China's payment industry group, Payment & Clearing Association of China (PCAC), issued a proposal on Tuesday calling for cuts to bank card payment fees across the country in order to improve the payment experience for foreigners while traveling and working in China.

China Rural Revitalization magazine has published a series of articles on the rapid development of rural areas in China with new transformations. The articles reflect the arduous efforts of rural revitalization across China, which is an important and genuine solution to China's rural economic development. In the future, articles selected from this series will be published.When Chinese President Xi Jinping visited Zhaojiawa, a hillside village in Kelan county under the jurisdiction of Xinzhou, North China's Shanxi Province on June 21, 2017, abject poverty still plagued the region at that time.

Hong Kong Exchanges and Clearing Limited (HKEX) will no longer suspend stock trading due to typhoon, rainstorm or other extreme weather conditions, starting from September 23, 2024, Hong Kong Special Administration Region Chief Executive John Lee Ka-chiu said on Tuesday.

Leading lithium-ion battery manufacturer CATL has sparked heated online discussion for allegedly requiring employees to work particularly long hours.

The year 2024 marks the beginning of the second decade of the development of the Belt and Road Initiative (BRI), a global cooperation platform China proposed in 2013 to support and add vitality to economic globalization and to help resolve global development challenges and improve global governance system. Against this backdrop, the Global Times is publishing a series of interviews with renowned scholars, think tanks, and financial institutions, sharing their insights on related topics. Global Times reporter Tao Mingyang (GT) recently interviewed Hussein Askary (Askary), vice-chairman of the Belt and Road Institute in Sweden to discuss how the BRI could maintain its momentum after one decade of development amid rising global headwinds.

The German Chamber of Commerce (GCC) in China released its 2024 Flash Survey on Monday, saying German companies operating in China have high expectations of their businesses in the Chinese market, and their optimism over the rebound of Chinese economy is returning.

The China Securities Regulatory Commission (CSRC) on Sunday vowed to further evaluate and refine rules for margin trading and securities lending, and enhance regulation of illicit short-selling to ensure market stability.

The thawing relations between China and Australia are expected to get a significant boost with the ongoing state visit of Chinese Premier Li Qiang to Australia starting on Saturday, the first visit by a Chinese Premier in seven years, Australian officials and business representatives said.

Chile has officially submitted an application to join the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement (FTA), and it looks forward to becoming the first Latin American country to join the pact, the China Central Television (CCTV) reported on Sunday.

A high-performance anti-interference ruthenium oxide thermometer used in quantum computing independently developed by a Chinese company set a new national record for temperature measuring, the Global Times learnt from Anhui Quantum Computing Engineering Research Center on Sunday.

The first high-speed sleeper train from the Hong Kong Special Administrative Region (HKSAR) arrived at Beijing West Station on Sunday morning, where local railway officials displayed banners to welcome the first batch of passengers on board, domestic media outlets reported.

China-New Zealand economic and trade ties are expected to be further strengthened amid Chinese Premier Li Qiang's ongoing visit to New Zealand, which began on Thursday. This visit will inject new impetus into bilateral relations, with representatives from business groups expressing high expectations and readiness to tap into the greater potential of bilateral economic and trade ties.

As the days get hotter and the sun sets later, the vibrant summer season has been injecting more vitality into China's economic revival, spurred by diversified seasonal consumption demand, from ways to cool down to shopping at bustling night markets.

According to Clark Meng, global sourcing manager of JD.com, a major player in Chinese e-commerce, "the online sale of fresh products will be crucial in the future." With a smartphone in hand, he gave a live demonstration of how easy it is to purchase fresh fruit online in China. For Italian producers attempting to boost the presence of authentic Made in Italy products in China, currently limited mainly to kiwis, pears, and red oranges due to stringent phytosanitary barriers, the internet could prove to be a game-changer, especially when combined with efficient logistics. The market statistics are staggering: The gross value of goods traded through e-commerce in China's rural areas, home to half of the country's 1.4 billion population, has surged to $46 billion, accounting for approximately 15 percent of all national e-commerce transactions.

China on Thursday announced that New Zealand is now placed in the list of the visa-free countries. After the announcement, the searches by New Zealand tourists for China-related keywords, in 30 minutes, increased by 65 percent from the previous day on online travel agency Trip.com.

Granarolo has officially introduced Granarolo Baby, the international version of its distinctive product line dedicated to the world of infancy, to the Chinese market. This new product line is designed to accompany children from zero to three years and beyond. The official launch took place at the 2023 Children, Baby, and Maternity Expo in Shanghai, the world's most important event dedicated to maternity. During the fair, the Italian Group showcased its comprehensive range of liquid products for infancy, tailored for different age groups: zero to six months, six to twelve months, and one to three years.

High-quality Italian food and wine has become a well-established reality on the international stage, to such an extent that the export of these culinary delights to all corners of the globe has become a strategic focus for several Italian food companies of all sizes. Some have successfully transformed this into a comprehensive business.

China National Gold Group Corp, the only state-owned enterprise in China's gold industry, will maintain a strong focus on securing strategic mineral resources and stands prepared to capitalize on acquisition opportunities, its chairman said on Wednesday.

About 40 diplomats from 28 countries visited the Commercial Aircraft Corp of China (COMAC) in Shanghai on Tuesday to learn about the latest progress that China has made in advanced manufacturing, part of a tour called "Global Insights into Chinese Enterprises" organized by the Ministry of Foreign Affairs (MOFA).

Business representatives and experts from New Zealand and Australia are eyeing the upcoming visits by Chinese Premier Li Qiang as a precious opportunity to deepen the potential of bilateral economic and trade ties.

Chinese experts said on Wednesday that the escalating abuse of export controls by the US and its relentless crackdown on China's chip sector reflect its deepening anxiety and depletion of tactics in the high-tech competition with China, serving as political maneuvering amid an election year.

The China (Shanghai) International Technology Fair (CSITF), known as the “weathervane” of China's technology trade, opened on Wednesday, with 28 Chinese and foreign companies and institutions debuting new products and technologies ranging from artificial intelligence (AI) large language models and biomedicine products to service robots and new materials.

With rising temperatures across the Northern Hemisphere, merchants in Yiwu, East China's Zhejiang Province, are seeing a surge in bulk domestic and export orders for sun protection products, ranging from “facekinis” to clothes, the Global Times learned, underscoring the country's manufacturing prowess.

The Nasdaq-style sci-tech innovation board of the Shanghai Stock Exchange, known as the STAR Market, will mark its fifth anniversary on Thursday. The board will continue to play an important role in deepening reforms in China's capital market and advancing the innovative transformation of the economy.

China's Foreign Ministry (FM) on Wednesday warned that the EU's anti-subsidy investigation of Chinese electric vehicles (EVs) violate the principles of the market economy and international trade rules, and will harm EU's self-interests.

Australian winemaker Penfolds is optimistic about opportunities in the Chinese market, and is aligning closely with Chinese partners, Tom King, Penfolds Managing Director told the Global Times recently.

Multiple listed companies in China have announced they are switching away from global auditing firm PricewaterhouseCoopers (PwC).

During the three-day Dragon Boat Festival holidays from Saturday to Monday, Air China held special events across multiple airports in China with a theme of experiencing traditional culture and customs, in order to celebrate the festival with passengers.

A worker in Hefei, East China's Anhui Province, gives up the Dragon Boat Festival holidays to speed up the production of steel in an economic demonstration park on June 10, 2024. China's steel export orders have been consistently improving this year. From January to May, steel exports increased by 24.7 percent year-on-year, showing a continuous trend of recovery, according to the General Administration of Customs. Photo: VCG

The Ministry of Commerce (MOFCOM) said China is willing to strengthen coordination and cooperation with Arab countries, and jointly promote greater development in China- Arab economic and trade ties.

The 40th anniversary of the establishment of diplomatic relations between the United Arab Emirates (UAE) and the People's Republic of China is an opportunity to reflect on all that has been achieved while confidently looking forward to the future accomplishments our partnership promises to bring.

A Chinese drone company has announced a landmark achievement of the first-ever drone delivery test on Mount Qomolangma from the Nepali side, marking the world's first round-trip high-altitude flight by a civilian cargo drone in the area. Such flights could offer crucial support for rescue operations and material transportation in high-altitude areas.

China's new-energy passenger car manufacturers sold 910,000 units through wholesale channels in May, up 35 percent year-on-year and 16 percent from a month earlier, data from the China Passenger Car Association (CPCA) showed on Tuesday.

US President Joe Biden has slapped major tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment. One of the reasons the US gave in the context of "overcapacity" to justify the tariffs are all superficial, and there's no need to spend too much effort on them. They talk about overcapacity, but why don't they mention the overcapacity in their own chip industry?

China's wheat harvest in major grain-producing provinces is gaining momentum, driven by advanced agricultural technology. More than 40 percent of the harvest across the country has been completed to date, according to official data.

Multiple Chinese electric vehicle (EV) enterprises reported an increase in sales during May, reflecting the remarkable performance of nation's EV production and demand amid annual weak consumption period.

China's private purchasing managers index (PMI) for the manufacturing sector released by Caixin hit 51.7 in May 2024, the highest level since 2022 July, which is 0.3 percentage point higher than April, indicated gains in vitality across nation's massive small and middle-size manufacturing firms.

The overall confidence of Chinese enterprises in the European business environment has been diminished, with the EU intensively adopting unilateral measures such as probes under the EU Foreign Subsidies Regulation (FSR), the China Chamber of Commerce to the EU (CCCEU) said on Sunday, expressing concern about the intensified situation for Chinese companies in the bloc.

China's Ministry of Industry and Information Technology announced on Thursday the granting of a license for space radio business via satellite constellation to Beijing-based commercial aerospace firm Guodian Gaoke, after it sent four satellites into orbit on Wednesday. The move will further support the nation's commercial aerospace development.

A Chinese court on Wednesday ruled that while Apple has a dominant position in the Chinese software market, it has not abused it, rejecting a Chinese consumer's lawsuit accusing the US tech giant of monopolistic practices regarding in-app purchase fees, according to media reports.

China's new-energy vehicle (NEV) market saw significant growth in sales in May, industry data showed, a sign of the sector's rapid development and strong consumer demand.

Chinese technology company Lenovo announced on Wednesday its strategic collaboration with Alat, a public investment fund company based in Saudi Arabia, a move that will accelerate Lenovo's global presence while capitalizing on the region's growing momentum for information technology (IT) and business services, the Global Times learned from Lenovo on Wednesday.

Foreign companies and institutions have been intensifying their investments in China since 2024, pointing to the country's significant potential and continuing attractiveness. This trend stands in stark contrast to narratives suggesting a withdrawal of foreign capital from China.

China's first domestically developed and the world's largest electric container vessel received two design and building contracts, Shanghai's Pudong New Area regional government said. It marked a milestone of China's progress toward achieving "dual carbon" goals in the maritime shipping sector.

The 2024 Tsinghua PBCSF Global Finance Forum kicked off on Monday in Hangzhou, capital of East China's Zhejiang Province. Themed with "80 Years after Bretton Woods: Building an International Monetary and Financial System for all," the forum gathers more than 70 Chinese and foreign officials and scholars to discuss a variety of related topics. The Global Times (GT) interviewed György Matolcsy (Matolcsy), governor of the Central Bank of Hungary on the sidelines of the forum on Monday, Matolcsy shared his insights on the build-up of a new financial system, international currency diversification push and the cooperation between China and Hungary.

Multiple Chinese-listed technology companies have recently released fiscal reports this year, with the booming artificial intelligence (AI) sector highlighting their future business strategies.

Workers assemble new-energy vehicles in Chery's assembly workshop in Wuhu city, East China's Anhui Province, on May 23, 2024. In recent years, Wuhu has prioritized this industry in its green transformation and industrial upgrading, drawing more than 300 companies across industries. Photo: VCG

A Chinese university has developed a type of electronic "skin" for robots that can function in temperatures as low as -78 C, a breakthrough that could support China's polar research and facilitate scientific activities in extreme environments.

Chinese officials on Thursday intensively voiced support for the development of new quality productive forces with the high-quality development of the capital market, especially after the top securities regulator vowed to give priority to the financing of companies that break foreign strangleholds in core technologies.

Four Chinese government departments, including the National Development and Reform Commission (NDRC), on Thursday released a notice on the cost reduction work for enterprises in 2024, aimed at supporting the quality development of the real economy.

China's market for businesses has seen significant improvement and substantial changes over the past 15 years and is generally moving in the right direction, Julian Fisher, chair of the British Chamber of Commerce in China, said in an interview with the Global Times on Wednesday. Fisher also shared his insights on the potential for bilateral cooperation in the electric vehicle (EV) sector, where China holds competitive advantages.

Chinese technology companies such as Tencent, Alibaba and ByteDance aim to hit the market with new large-language models (LLMs) and cut fees for application programming interface (API) access to these models, a move that industry insiders said is primarily of interest to business users, although it also serves as a bellwether for future consumer options.

The Civil Aviation Administration of China (CAAC) on Wednesday announced that it will expand the available low-altitude flying areas and improve the approval process, air traffic control, meteorology, communications and surveillance services for low-altitude flight activities.

Kyrgyz Foreign Minister Jeenbek Kulubaev said that the planned China-Kyrgyzstan-Uzbekistan (CKU) Railway is of strategic importance, and he hoped the governments of the three countries could reach an agreement quickly and start its construction soon.

Chinese bottled water producer Nongfu Spring said on Monday that it has taken legal action against “malicious rumormongers,” while also refuting online rumors about the company and its founder Zhong Shanshan that have created a public relations crisis for the firm in recent weeks.

US tech giant Apple has a launched a major promotion campaign with steep discounts on iPhones to boost sales during the 618 shopping festival, one of China's largest online shopping events. The company has been hit by weak sales and fierce competition in the Chinese market.

Editor's Note: As China's new-energy industry gains global pre-eminence, US officials have started a smear campaign based on the false “overcapacity” narrative. The rise of China's new-energy sector is due to homegrown innovation and free market contest, rather than subsidies, and is beneficial for the world, instead of posing threats to other countries. To illustrate this, the Global Times is publishing a series under the theme of “New Energy, New Opportunities.” This story focuses on how the Chinese green industry draws its competitiveness from free competition, debunking the baseless claim that Chinese green strength stems from state subsidies. This is the last installment of the series.

China's largest offshore solar farm officially commenced construction at Haibin harbor in Lianyungang city, East China's Jiangsu Province on Sunday, China National Nuclear Corporation (CNNC) said, setting another milestone in the country's intensifying green transformation in aligning with its carbon neutrality goal by 2060.

New US tariffs will have little impact on business expansion, said senior executives from one of China's leading electric vehicle (EV) power battery firms on Friday, days after the US announced new tariff rates on several Chinese products, including a major hike in levies on Chinese EVs.

China has realized domestic production of a core component for the nation's self-developed quantum computer named "Origin Wukong," breaking foreign monopoly and further cementing China's leading position in global quantum computing research and development.

Major Chinese photovoltaic (PV) enterprises said that the US move to double tariff rates on PV cell imports from China to 50 percent would have a limited impact on them, according to media reports.

China's and Russia's economic and trade cooperation has been thriving on all fronts despite global challenges, and it is expected that the two countries could see further improvement in their bilateral trade structure this year, with trade volume projected to reach new heights, driven by new growth points in the agricultural and new-energy industries, business representatives and industry insiders said.

China Securities Regulatory Commission (CSRC), China's top securities regulator, has issued trial regulation on quantitative trading in the stock market on Wednesday, as part of ongoing efforts to strengthen supervision on market trading and support the long-term healthy and sound development of China's capital market.

Chinese lidar manufacturer Hesai Technology Co officially filed a lawsuit against the US Department of Defense on Monday over being added to a list of companies for allegedly working with the Chinese military, the Global Times learned on Tuesday.

A decision by the US government to force a company that is reportedly Chinese-linked to sell a property near a US Air Force base in the state of Wyoming is one more dramatic act in the "China threat" play, a Chinese observer said on Tuesday.

McDonald's on Monday apologized after media reports said that two of its outlets in China sold food made of expired ingredients and the outlet moved to change the labels, sparking heated discussion online.

Douyin, one of the most popular short-video apps in China, released new regulations restricting users from disseminating political and social affairs, financial, legal, or medical content for commercial purposes.

As China's new-energy industries rise to global prominence, US officials have started a smear campaign based on false "overcapacity" claims. The rise of China's new-energy industries is due to innovation, rather than subsidies, and is beneficial for the world, instead of posing threats to other countries. To illustrate this, the Global Times is publishing a multi-part series under the theme of "New Energy, New Opportunities." This story focuses on how the Chinese new-energy vehicles (NEV) industry draws its competitiveness from competition, debunking the groundless narrative that Chinese NEV industry's strengths came from government subsidies. This is the third installment of the series.

An official from China Association of Automobile Manufacturers (CAAM) on Monday slammed the US' imposing higher import tariffs on Chinese electric vehicles, saying that the industry's development needs global cooperation.

Chinese electric vehicle manufacturer Zeekr Intelligent Technology Holding Ltd (Zeekr) on Friday saw its share price soar 34.57 percent at the close of its opening day on the New York Stock Exchange (NYSE).

The US remained as China's third largest trade partner in the first four months this year, with the total trade volume between the two countries rising by 1.1 percent year-on-year, underscoring the resilience of bilateral economic and trade ties despite Washington's growing protectionism.

Baidu's vice president and head of its public relations department Qu Jing, whose remarks on her personal social media account provoked an uproar from the public, has left the company, the Economic View reported on Thursday, citing an insider familiar with the incident from the company. Information from the company's email system also shows her departure from her position.

South Africa's Absa Group, a leading pan-African bank, announced on Wednesday the official launch of its new non-banking subsidiary in Beijing. The ambitious move aims to unlock more trade and investment opportunities between China and Africa.

China's Ministry of Commerce (MOFCOM) said on Wednesday it firmly opposes Washington's abuse of export controls and relentless attacks on certain Chinese firms, after the US revoked chip export licenses to Huawei amid suppression of China's tech sector.

Shenzhen, in South China's Guangdong Province, has constructed 362 supercharging stations for new energy vehicles (NEVs) as of April 30, exceeding the number of traditional gas stations, according to the local development and reform commission. The number of charging ports in the city has also surpassed that of gas pumps, reflecting the positive trend in Shenzhen's NEV market development and the effective operation of its charging infrastructure.

China Southern Airlines has ordered 100 home-made C919 aircraft from Commercial Aircraft Corporation of China (COMAC), the carrier said in a filing on Monday.

AITO Automobile, a Huawei-backed new energy vehicle brand, said it is actively investigating the incident in collaboration with the local traffic police department after a serious traffic accident took place in Yuncheng, North China's Shanxi Province.

Tiangong, a humanoid robot described as the world's first full-sized humanoid robot capable of running solely on electric drive, was unveiled in the Beijing Economic-Technological Development Area on Saturday, coinciding with the reveal of several AI technological breakthroughs at the 2024 Zhongguancun Forum (ZGC Forum).

Chinese tech-firm ShengShu-AI and Tsinghua University on Saturday unveiled text-to-video artificial intelligence (AI) model Vidu, which is said to be the first in China that's on par with Sora, in another manifestation of China's rapid development in the emerging critical AI field.