China's state-owned radio and TV carrier China Broadnet launched its official website on Monday, announcing it has started 5G mobile phone services.
Chinese suppliers for the new-energy sector, ranging from polysilicon at the upstream to solar panels at the downstream, are ready to further divert their markets from the US in response to the Biden administration's import ban targeting all Xinjiang-related goods issued on Tuesday over alleged "forced labor" claims.
China's first intelligent factory producing extraction equipment for marine oil and natural gas was put into operation on Sunday, marking a major step toward manufacturing digitalization in the marine energy field, according to China National Offshore Oil Corp (CNOOC), the largest offshore oil and gas producer in China.
Deep Sea No. 1, China's independently developed, ultra-deepwater gas field, has produced more than 2 billion cubic meters of natural gas by Saturday since it was put into operation one year ago, its operator China National Offshore Oil Corporation (CNOOC) said on Saturday, the Xinhua News Agency reported.
The South African Health Products and Regulatory Authority (SAHPRA) registered Chinese vaccine producer Sinovac's COVID-19 vaccine CoronaVac with conditions on June 14, the authority announced on Friday.
As Beijing gradually brought the latest COVID-19 outbreaks under control, the Beijing Universal Studios' Grand Hotel and Universal CityWalk reopened on Friday, with visitors indulging in a shopping spree for souvenirs and expressing excitement about the long-anticipated reopening of the park on Saturday.
China's top legislative body voted on Friday to adopt amendments to the country's Anti-Monopoly Law, and the new law will take effect on August 1, a revision which has closed certain loopholes in existing regulation in terms of abusing market dominant position while drawing a clearer “bottom line”for private firms on illicit acts that threaten fair market competition.
“Intelligent transformation” has become the key word for representatives of industries no matter from medical to car manufacturing at the sixth World Intelligence Congress (WIC) in North China's Tianjin Municipality.
With the debut of Youji shares on Friday, the Beijing Stock Exchange (BSE) is welcoming the 100th listed firm seven month after opening, marking another milestone in China's efforts to build a multi-layer capital market that has enriched fundraising channels for small- and medium-sized enterprises (SMEs) and further released the country's innovation vigor.
China on Friday launched a cybersecurity review of China National Knowledge Infrastructure (CNKI), the country's largest academic research database, in an effort aimed at “preventing national data security risks, maintaining national security, and protecting the public interest,” said an official from the country's cybersecurity review office on Friday.
Alphabet unit Google has committed to resolving a copyright dispute in France over online content, the country's antitrust authority said, as pressure mounts for big tech platforms to share more of their revenue with news outlets.
Italian energy services group Saipem said it would launch a planned 2 billion-euro ($2.10 billion) rights issue from June 27 as it strives to bolster its finances and re-focus its business after a surprise profit warning in January.
Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards that would make the companies' nascent digital worlds compatible with each other.
JetBlue Airways said it had sweetened its takeover offer for Spirit Airlines to $33.50 per share in a bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines' proposal.
China's energy infrastructure developers and operators are striving to help ensure the timely delivery and smooth operation of power facilities in Pakistan, which is coping with severe power shortages amid extreme weather and high coal prices.
Global carmakers, including BMW, Honda and Volkswagen, have announced plans for new factories and expanded production in China, confirming their long-term commitment to and confidence in the Chinese market, bolstered by an accelerated recovery in China's auto market, the largest in the world, and a vast potential for growth.
A test car from Chinese electric-vehicle maker Nio has reportedly plunged from the fifth floor of its headquarter building in Shanghai and crashed topside down, resulting two people in the car dead, according to thepaper.cn on Thursday.
Malaysia's state-owned oil and gas giant Petronas said that it will continue to provide flexible solutions to meet the rapidly growing clean energy needs of its Chinese partners.
With a depth of 33.2 meters, the cargo hold can carry 240,000 tons of goods. The maximum stack of containers can be up to 25 stories high, equivalent to the height of a 22-story building, said the statement.
The world's largest container ship, built by China State Shipbuilding Corporation, can carry 24,000 twenty-foot equivalent unit (TEU) containers, and was handed over in Shanghai to its client on Wednesday.
China Southern Airlines said recently that it will tap into the language training business, part of the airline's move to expand its business scope, which also reached into internet retail business and online travel services.
China will remain a strategically important market for Wabtec, which has "absolutely no plans" of moving out, a representative from the US company said, noting that the firm has full confidence in the nation, while also seeing mass opportunities brought by the China-proposed Belt and Road Initiative (BRI).
A predictable environment, tax cuts, simplified procedures and even a green channel for children to go to school, among other favorable and preferential policies, are the ways that China attracts global giants and how it has remained one of the top spots for investors in recent years, multinationals from Japan, Europe and the US told the Global Times at a major summit held in Qingdao, East China's Shandong Province on Tuesday.
Major investors of New Oriental Education's Hong Kong listed stock Koolearn Technology Holding, including Tencent, reduced their holdings following the stock price plummeting shortly after a sharp jump amid their company's bilingual livestreaming going viral.
Two-thirds of European businesses operating in China saw their revenues grow 24 percent in 2021, compared with the previous year, a European business community report showed on Monday, while also listing challenges ranging from the pandemic, domestic economic slowdown to changes in global environment, which they said could make their "business more difficult" for the majority of them.
China's Ministry of Emergency Management summoned the oil giant Sinopec on Monday in response to the recent spate of production safety accidents and increased safety risks in enterprises belonging to the Sinopec Group.
China remains a strong force in global supply chains, despite temporary COVID-19 disruptions, intensified China-US competition and a reconstruction of the global division of labor, multinationals and industry representatives said at a major multinational summit on Monday.
Since Shanghai started to reopen from a two-month coronavirus lockdown on June 1, the sales of electric bicycles have been surging as city citizens seek more agile and convenient transport as they adjust to COVID-prevention normality.
FPSO Almirante Barroso MV32, super-large floating production, storage and offloading (FPSO) vessel and one of the world's largest FPSO projects, has been completed and delivered in Dalian, Northeast China's Liaoning Province.
As to four rural banks in Central China's Henan Province cutting off online service to their clients, the provincial banking and insurance industry regulator and the province's financial affairs supervision bureau said on Saturday that the case is now under police investigation.
Major Chinese e-commerce platforms have reported record sales during the June-18 (618) shopping festival this year, further proof of a bounce back in consumer spending, manufacturing and logistics after China's Omicron flare-up was tamed.
The former deputy general manger of Chinese distiller Kweichow Moutai Co was sentenced to life imprisonment on Friday by a court in Southwest China's Guizhou Province for taking bribes, the court said in its official WeChat account on Friday.
The Civil Aviation Administration of China (CAAC) said on Friday that it is negotiating with some countries to gradually and steadily increase regular international passenger flights to meet the needs of personnel exchanges.
The Hong Kong Securities and Futures Commission (SFC) on Thursday announced that it reprimanded and fined a subsidiary of financial conglomerate Everbright in the amount of HK$3.8 million ($484,083) over breaches of money laundering and terrorism financing regulatory rules.
On Thursday morning, many tourists were seen at the Shanghai Disney Resort, and their hands were full with shopping bags and souvenirs, as they indulged themselves in family outing, street shopping and restaurant feasting as the city gets back to normal after containing a voracious coronavirus flare-up in the past two months.
Sales of daily necessities including fresh food and beverages saw a significant increase during this year's 618 mid-year shopping festival, an official from e-commerce platform JD said on Thursday, adding that the country's consumption indicators have been recovering after COVID-19 flare-ups in April and May.
China's top economic planner vowed on Thursday to ramp up efforts to spur private investment, so as to stabilize market expectations and investors' confidence, as the country strives to promote economic expansion without resorting to excessive liquidity growth.
The US National Aeronautics and Space Administration (NASA) wants Elon Musk's SpaceX to ensure its plan to launch its next-generation Starship rocket from Florida would not put at risk nearby launch infrastructure critical to the International Space Station, a senior space agency official told Reuters.
Australia's Federal Court approved on Wednesday the $6.3 billion acquisition of the country's largest casino operator Crown Resorts by US private equity giant Blackstone Inc.
China's Anti-Monopoly Law will be reviewed during the 35th meeting of the National People's Congress (NPC) Standing Committee to be held on June 21, which will discuss specific requirements for internet-based platform operators, said the Legislative Affairs Commission of NPC Standing Committee spokesperson Yang Heqing on Thursday.
Chinese tech giant Huawei is eyeing a digital and intelligent future, despite the difficulties brought by the US clampdown three years ago. The company has seen fruitful achievements with its self-developed digital technology ecosystems, including Kunpeng and Ascend, as well as the openEuler operating system.
The Dunhuang Research Institute and Tencent on Wednesday launched a digital laboratory to build a full-scale digital scripture cave online of the world-famous Mogao Grottoes, sharing with the public the "fresh life" behind the cultural relics in an interactive experience.
Shanghai Disney Resort said its main Shanghai Disneytown and Shanghai Disneyland Hotel will resume operations from Thursday, after a nearly three-month closure linked to recent coronavirus outbreaks. Some retail and park areas already opened last week.
The US Food and Drug Administration (FDA) issued a medical device recall notice on Monday, requiring US life sciences company Illumina to recall 1,813 sequencers worldwide, including the Chinese market, over a "cybersecurity vulnerability."
At a livestreaming hall on Chinese social media giant platform Douyin, an anchor was seen introducing to the audience some frozen prawns. While describing the size of prawns, the anchor wrote a slew of English words from “big, huge, giant, to enormous, tremendous” on a white board, hoping to teach the audience how to describe sizes in selected English words.
The growth rate of China's real estate sales area in 2022 will likely drop to 1.7 percent from 1.9 percent, while growth in development investment will drop to 0.8 percent, according to the Annual Report on the Development of China's Real Estate released by the Chinese Academy of Social Sciences on Tuesday.
Chinese tech giant Huawei said on Tuesday that after analyzing data, all the cars displayed in a Huawei mobile phone store in Ordos, North China's Inner Mongolia Autonomous Region, did not appear any abnormality, before the shop caught fire on Monday.
Online vendors have reportedly removed effervescent tablet of taurine which had been marketed as a “love pill” overnight after a Shanghai college student was investigated by police for reportedly attempting to poison his female schoolmate using the substance on Sunday.
Cai Esheng, former vice chairman of China's banking regulator, is being prosecuted for corruption and the abuse of power. Cai, who was arrested in February this year, is accused of taking bribes and illegally accepting other people's property in a “particularly large” amount, said a statement by China's Supreme People's Procuratorate on Monday.
In the late 1980s, monkeys were both frightening and indispensable in the discovery of Ebola and the fight against the virus.
IKEA will suspend the operation of a Shanghai store located in the Yangpu district starting from July 6, the company told the Global Times on Monday, noting that it has a strong commitment to China, which remains one of its most significant strategic markets.
China has ramped up efforts to promote the development of its vocational education system, aiming to expand the nation's employment channels while cultivating more targeted talent for emerging high-tech industries, which is in line with the country's economic transformation.
Chinese short video platform Douyin and Kuaishou have taken swift action to suspend and shut down social media accounts involved in spreading or publishing extreme and improper content related to the outburst of violence against women at a barbecue restaurant in Tangshan, North China's Hebei Province.
A multi-functional modular seabed trencher developed by a Chinese firm has recently completed 100 kilometers of pipelines construction in Bangladesh's first marine pipeline project, setting two world records in directional drilling and deep trenching.
Universal Beijing Resort said on Friday it will remain closed, after Beijing reported new COVID-19 cases related to gatherings in bars.
Special livestreams are being held across China over recent days. Instead of selling products, these livestreams "sell" jobs. Tesla China and Foxconn have joined the craze.
The China Securities Regulatory Commission (CSRC) said on Thursday that it is not assessing or studying the potential revival of Ant Group's IPO, in response to media reports claiming that the agency has set up teams to review the fintech firm's listing plan.
US electric carmaker Tesla produced 33,544 vehicles in China in May, more than triple the April number, an industry association said on Thursday, as its Shanghai plant was back in full swing amid a broader push to reboot coronavirus-affected auto supply chains.
With the Chinese economy witnessing a quick recovery after the recent Omicron flare-up is controlled and the society's electricity consumption ramps up, energy demand is surging. Experts and industry players said that the overall energy situation is safe as the country has accelerated efforts to secure supplies despite global uncertainties.
China and Latin America are “getting closer both politically and economically”, which benefits the economies and people of both sides, Victor Cadena, executive vice president of the Mexican Chamber of Commerce in China (MEXCHAM), told the Global Times in an exclusive interview on Thursday.
Apple Inc wants to power the dashboard of your next car, but first it must convince automakers they will not end up surrendering future profits to the iPhone company like the makers of flip-phone handsets.
EIG is in early discussions with Repsol to buy part of the Spanish company's oil and gas exploration and production business, three sources with knowledge of the matter told Reuters.
Chinese businesses held a video meeting on Wednesday, urging India to improve its business environment and phase in a level playing field for Chinese companies.
The China-proposed Belt and Road Initiative (BRI) has made steady progress in Latin America during the past three years, which has brought concrete benefits to partner economies with its people centered approach, Chinese experts said on Wednesday.
Huawei has been granted more patents than any other company in China, the Shenzhen-based technology giant said on Wednesday at an intellectual property-themed event, an indication of local businesses' pursuit of originality as the country moves up the global innovation ladder.
The Nike Running Club (NRC App) will suspend its service in the Chinese mainland from July 8 due to business adjustments, according to a user notification seen in the company's app on Wednesday.
Universal Beijing Resort will reopen at 75 percent capacity on June 15. All tourists entering Universal Resort need to provide a valid negative proof of nucleic acid test done within 72 hours, the resort announced on Tuesday.
Recent news of Starbucks being punished in China again for using expired grounded coffee bombarded China's social media platforms on Monday, fueling controversy and criticism for the US coffee brand's disrespect of customers.
China's photovoltaic (PV) sector may have greater opportunities in the US market, after the Biden administration will reportedly declare a 24-month tariff exemption for solar panels from four Southeast Asian nations, Chinese industry sources and experts said on Monday.
China's fintech giant Ant Group launched a digital wholesale bank – ANEXT Bank – in Singapore on Monday, providing digital financial services to micro, small and medium enterprises in Singapore and the region, especially those engaging in cross-border business operations, according to the company.
In response to reports of a 10 percent global job cut, a source close to Tesla China was quoted as saying that no recent layoffs have taken place, and that Tesla China is still active in large-scale recruitment.
China's real estate market saw brisk business during the Dragon Boat Festival, with second-hand home transactions increasing from the previous month, industry insiders told the Global Times on Sunday, pointing to a gradual recovery amid intensifying efforts to boost the property market and stabilize housing and land prices.
Restaurant owners and food vendors in Beijing are preparing for the end of the ban on dine-in service that began on May 1 due to strict epidemic controls, as the Chinese capital resumes business after the COVID-19 outbreak was largely brought under control.
China's box office, including pre-sales for the three-day Dragon Boat Festival holiday that started on Friday, reached 160 million yuan ($24.04 million), with 79.73 percent of cinemas nationwide resuming normal operation as of press time, and it exceeded 100 million yuan on Saturday, data from domestic ticketing platform Maoyan showed.
Shanghai's hustle and bustle has come back thanks to measures to encourage people to return to stores while maintaining epidemic prevention efforts, with manufacturing, retail, tourism and other sectors witnessing a rebound during the Dragon Boat Festival holiday.
Chinese electric vehicle (EV) industry players such as BYD are striving to secure deals with lithium mines overseas in a bid to curb surging prices of batteries while securing the stable supply of EVs, for which China is one of the leading producers in the world.
Researches in East China's Jiangxi Province are testing a maglev hanging on an 800-meter-long monorail with a top speed of 80 kilometers per hours, the first of its kind in the country, the Science and Technology Daily reported on Wednesday, marking a new breakthrough in the country's rapid development of rail technology.
Chinese stocks related to the high-end manufacturing, shipping, auto and tourism sectors rallied on Wednesday morning, with some shares surging by the daily limit of 10 percent, as businesses and investors embrace positive signs on multiple fronts, including the reopening of Shanghai, major stabilization measures as well as upcoming holidays.
Queuing time off the Port of Shanghai, the world's largest port, has kept dropping even as more ships make calls, which experts see as a healthy sign, as the Chinese economic hub is getting back on its feet after a two-month lockdown.
Shanghai, a major vehicle manufacturing hub, will fully resume normal production and daily operations starting from Wednesday. Car producers, which have seen a gradual restoration of production capacity, are expecting a strong rebound in June.
China remained India's top trading partner in 2021 based on Chinese data, Foreign Ministry spokesperson Zhao Lijian said on Tuesday, in response to different trade rankings according to Indian statistics.
Shanghai authorities announced on Tuesday the reopening of local railway stations and gradual resumption of domestic flights from Wednesday. Meanwhile, multiple airlines are increasing their fuel surcharge due to the surging price of aviation fuel.
Chinese clothing brand JNBY was fined 800,000 yuan ($120,140) by the market supervisor for using an incorrect national map on its official website, according to an administrative penalty record shown on business information site Tianyancha.
Chinese mainland-based semiconductor companies and industry analysts have refuted claims of alleged “illegal” headhunting targeting Taiwan-based companies, in response to a recent probe by Taiwan authorities of 10 mainland-based firms.
As the Chinese capital city announced on Saturday the reopening of retail and entertainment services from Sunday, barber shops and hair saloons across Beijing have largely resumed business operations after nearly one month shutdown amid a flare-up of Omicron.
As Shanghai accelerates pace of work and production resumption, Starbucks has ramped up its shop openings to more than 70 over the past week, the company told the Global Times on Monday.
A customer representative from Chinese sportswear brand Anta said that the company had taken down an advertising campaign which sparked online controversy, domestic news outlet Chinanews.com reported on Monday.
With the approach of the Dragon Boat Festival – the last major holiday for the first half of the year – a handful of Chinese provinces have started to resume inter-provincial group tours and hand out travel consumption vouchers to boost an industry recovery from lingering COVID-19 outbreaks.
To better promote regional scientific innovation and economic development in the Yangtze-River Delta, a major economic hub, the government of East China's Anhui Province has recently reaffirmed a commitment to building a platform that facilitates public use of large-scale scientific instruments.
Chinese Foreign Ministry spokesperson Wang Wenbin said on Friday that China can ensure domestic grain supply for the Chinese people and there is no need to stockpile food from the international market in response to criticism from some Western countries that China is hoarding grain and requiring China to take more action for global food security. “China is fully equipped, capable and confident on its own strength to ensure food supply for the Chinese people,” said Wang.
The US' threefold strategy of “invest, align, compete” to tackle the so-called long-term China challenge, an economic coercion devised by Washington to contain the development of the world's second-largest economy based upon its hegemonic mindset, is doomed to fail as the approach is contradictory in substance and countries won't buy into its decoupling attempt to set up a China-free supply chain, Chinese observers and officials said.
The company is actively responding to the demands of enterprises and will complete nearly 140 maintenance and technological upgrade projects before summer consumption peak approaches to ensure public safety, Ruan Qiantu, head of Shanghai branch of China's State Grid said on Friday's press briefing.
Alibaba reported on Thursday stronger-than-expected revenue and earnings for the quarter ended on March 31, as the Chinese e-commerce giant navigates through the country's regulatory toughening that is intended to steer the platform economy toward a more sustainable growth.
Tech giant Baidu released its first quarter results for 2022 on Thursday, showing that revenue for its AI Cloud unit increased 45 percent year-on-year.
Vietnam's VinFast is shifting its legal and financial headquarters to Singapore as the fledgling electric vehicle (EV) maker readies for a potential IPO and the first production run of cars for US and European markets, its chief executive told Reuters.
Amazon.com Inc faces 14 investor resolutions challenging its policies at its annual shareholder meeting on Wednesday, a record for the retail and cloud computing giant, as socially minded investors scrutinize its treatment of workers.
A few Chinese testing kit manufacturers announced that they have received CE mark approval in the EU for their monkeypox testing kits and their overseas orders have surged, as monkeypox virus threats are mounting in many countries.
China Railway Construction Corporation (CRCC) signed a construction contract for a new Demerara River Bridge with the Ministry of Public Works of the Cooperative Republic of Guyana on Wednesday in the capital Georgetown, which is the largest local transportation infrastructure project, the company told the Global Times on Thursday.
Skycam Defense Technology Co, a high-tech firm that makes public safety and defense systems, began trading on the Shanghai NASDAQ-style STAR Market on Wednesday, becoming the first company to move from the Beijing Stock Exchange (BSE).
With China's opening-up policy, continuous optimization of the business environment for foreign companies, and strong economic resilience, it will remain a hot place for investment, said global experts at the World Economic Forum (WEF) 2022 in Davos, expressing confidence in China's economic outlook.