Commenting on the US commerce department's decision on Tuesday to add two Chinese high-tech firms to "Entity List" for so-called "human rights violations," Chinese Foreign Ministry (FM) spokesperson Mao Ning said on Wednesday that the so-called sanctions are a blatant suppression of Chinese high-tech companies in the name of human rights.

China Rural Revitalization magazine has published a series of articles on the rapid development and transformation of rural China. The articles reflect the arduous efforts of rural revitalization across the country, which is an important and genuine solution to China's rural economic development. In the future, articles selected from this series will be published.

US electric carmaker Tesla is set to roll out its V4 superchargers in the Chinese mainland in 2025, as the company is increasing its investment in the world's largest car market for greater development opportunities.

China's National Financial Regulatory Administration (NFRA) has greenlighted German investment firm Allianz Global Investors GmbH's investment in Chinese insurance firm Guomin Pension & Insurance Co, the latest move in China's opening-up of the financial sector.

China has released a number of upward economic data in recent days about its economy, relating to manufacturing, retail sales, transportation and capital market performance, which analysts said point to rising momentum of recovery, spurred by the government's pro-active financial and fiscal policies.

As the November sales of cars in the domestic market were released on Monday, several Chinese car companies have met their annual sales targets ahead of schedule by November. In particular, BYD's sales so far this year outsell some of the largest car manufacturers in the world, such as Ford and Honda.

China set up the country's first quantum computing and data medicine research institute in Hefei, East China's Anhui Province on Sunday. The institute is expected to pioneer the application of quantum computing power in the medical field, the Global Times learned.

The Shenzhen municipal government announced Sunday via its official WeChat account that Luye Medical Group has signed an agreement with the city's health commission to establish an international medical headquarters and a wholly foreign-owned specialty hospital. This marks the first such project in China, a significant step in the country's efforts to open its services sector.

China and Europe have deeply integrated industrial and supply chains, and there are broad prospects for economic and trade cooperation, Ling Ji, Chinese Vice Commerce Minister and Deputy China International Trade Representative, said on Friday.

Huawei's new foldable phone Mate X6 kicked off selling at 10:08 am on Friday, sparking a wave of consumer excitement, with the smartphones immediately selling out on its official Huawei mall.

A series of recent data show that as the effects of incremental financial policies and other pro-growth policies continue to manifest, the vitality and development confidence of small- and medium-sized enterprises (SMEs) continue to improve.

China's Ministry of Commerce (MOFCOM) on Thursday defended China's new measures to tighten export controls on specific dual-use items to the US and voiced strong objections to the US' act of generalizing national security and abusing export control measures to engage in unilateral bullying of Chinese companies following reports that Washington pledged "necessary steps" against China's latest move.

A super satellite manufacturing factory is expected to commence operation at the Wenchang International Aerospace City in South China's Hainan Province in June 2025, the aerospace city said in a statement on Thursday, noting that the factory will have the capacity to enable satellites to be launched immediately upon delivery.

In early December, China held the fourth symposium on Belt and Road construction work. It provides a window to summarize the development of the Belt and Road Initiative (BRI) over the last 11 years that has helped transform the global landscape.

China welcomes Chile to continue to hold Chile Week events in China and is pleased to see increasingly closer mutually beneficial cooperation between the two countries which deliver tangibly to our peoples, China's Ministry of Foreign Affairs spokesperson Lin Jian said on Tuesday, when commenting on the ongoing Chile Week China, which is the largest-scale and highest-level promotion event that Chile has held in China for several consecutive years.

Overseas financial institutions including JPMorgan and Citi recently raised the target share prices for major Chinese companies such as Meituan and BYD. Their moves indicate the growing confidence of international investors in the country's capital market development.

China has relaxed rules on foreign investors' strategic investment in listed companies starting from Monday in a move to expand foreign investment channels in China's stock market and encourage foreign investors to make long-term and value investments in the country.

China on Monday vowed to take resolute measures to protect the legitimate rights and interests of Chinese enterprises in response to reports that the US is preparing to implement a new round of chip export restrictions targeting China.

As 2024 approaches to the end, the vitality of China's economy is becoming increasingly evident. Recent economic indicators point to a tick-up in the country's economic performance in the fourth quarter.

Since October, driven by incremental pro-growth policies such as equipment upgrading and consumer goods trade-ins, the recovery of the Chinese economy has gained further traction.

As more than 600 companies from around the globe attend the 2nd China International Supply Chain Expo (CISCE II) in Beijing, which runs through Saturday, the theme of collaboration for mutual development has been further emphasized.

China unveiled a work plan on Friday to pilot foreign-owned hospitals in certain provinces and cities, further opening up its healthcare sector. The plan aims to attract high-quality international medical resources and diversify domestic healthcare services.

Annual price negotiations with suppliers are customary in the automotive industry, Li Yunfei, general manager of Chinese carmaker BYD's Brand and Public Relations Department, said on Wednesday. The post came after a leaked e-mail sent from BYD to its suppliers showed that the automaker asked suppliers to reduce prices by 10 percent from January 1, 2025.

Chinese tech giant Huawei officially unveiled its Mate 70 series smartphones at a gala event on Tuesday. The new series features Huawei's own operating system (O/S) and includes the world debut of a satellite paging system for mobile phones. This marks a significant step in Huawei's efforts to lead innovation in the smartphone sector, experts said.

As the annual festive season draws near, a wide array of Christmas goods from Yiwu city in East China's Zhejiang Province, known for being the world's small commodities hub, are poised to be shipped all around the world, highlighting the strong global demand for China-made festive goods.

A robotic dog pulls a child on a sleigh at the Lianhuashan ski resort in Changchun, Northeast China's Jilin Province, on November 22, 2024, the opening day of the ski resort this winter. In addition to interacting with tourists, the newly launched six new robotic dogs are also able to engage in multiple service tasks such as cargo transportation, emergency aid and security patrols. Photo: VCG

Currently, the interconnectivity and infrastructure among South American countries remain underdeveloped. Flying from Colombia to Florida is often cheaper than to neighboring Brazil. This highlights significant logistical challenges that impede regional travel and trade. Improved infrastructure would enable more efficient connectivity and strengthen economic ties within the continent.

China and Brazil signed a series of cooperation agreements last year in areas such as poverty reduction, digital economy, and telecommunications, showcasing common pursuit to create new growth drivers and promote high-quality cooperation to benefit their people and reflecting the win-win cooperation trend between China and Latin America. Global Times reporter Ma Tong (GT) conducted an inclusive interview with Marcos Cordeiro Pires (Pires), a professor at the Department of Political and Economic Sciences, São Paulo State University in Brazil to discuss the thriving economic and trade ties between China, Brazil, and the entire Latin American region.

Whether because of the language barrier or limited local news coverage, people in Lima, capital of Peru, and Rio de Janeiro in Brazil, appear to be unfamiliar with the Belt and Road Initiative (BRI), unlike many places in Asia and Africa, where mention of the BRI often prompts locals to raise their thumbs.

Cross-border e-commerce is an effective force in international trade, and so is cross-border e-commerce in China, China International Trade Representative and Vice Minister of Commerce Wang Shouwen said on Friday at a press conference introducing measures to support foreign trade.

China will step up efforts to upgrade its traditional network infrastructure, boost the development of 5G toward 5G Advanced, or 5G-A, and comprehensively propel 6G technological research and innovations, the National Data Administration said on Friday.

China's Ministry of Commerce (MOFCOM)will plan the car trade-in follow-up policy in 2025 in advance, while scientifically evaluating relevant policy achievements this year in a bid to stabilize market expectations to facilitate used vehicle transactions, Song Yingjie, an official with the MOFCOM department for consumption promotion, said on Thursday.

On Tuesday, a China-Europe freight train carrying daily goods, electronics and machinery equipment departed from Jiangxi Province's Ganzhou International Inland Port, in East China, marking the 2,000th trip of its kind. The train passes through Erenhot Port in North China's Inner Mongolia Autonomous Region, reaching its European destination in about 15 days.

China's financial sector will continue to open wider and the country is committed to creating a market-oriented, law-based and international business environment to support foreign institutions to participate more comprehensively and deeply in the Chinese financial market, Chinese senior officials said on Tuesday at the ongoing 2024 Global Financial Leaders' Investment Summit held in Hong Kong Special Administrative Region (HKSAR).

Brain-computer interfaces (BCI) technology is advancing rapidly in China, according to scientists and experts at a recent industry forum held on Saturday. The research on BCI technology in China has reached a pivotal stage, transitioning from laboratory research to market applications. Analysts said this progress is poised to significantly contribute to economic growth and foster new competitive advantages.

Chinese automaker BYD delivered its 10-millionth new-energy vehicle (NEV) on Monday, marking the first time any automaker worldwide has achieved this milestone, the company announced on Monday.

Artificial general intelligence start-up Kimi, owned by Chinese AI start-up Moonshot AI, on Saturday launched its first reasoning AI model k0-math. The model can be compared to US-based OpenAI's reasoning AI series o1, including the o1-mini and o1-preview, in certain mathematics tests.

With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They selectively highlight information and distort facts to promote their narratives like “Peak China,” while ignoring China's economic resilience and growth potential. To set the record straight, the Global Times is launching a multimedia project featuring in-depth articles, analyses and visual arts to provide a balanced and accurate portrayal of the Chinese economy. This is the 17th installment of the series.

Since the resumption of bilateral relations three years ago, both sides have been working with a sense of urgency to promote the development of China-Nicaragua friendly relations. Key agreements have been reached, including the joint development of the Belt and Road Initiative (BRI) and a Free Trade Agreement (FTA) between China and Nicaragua, which came into effect in 2024, marking a landmark achievement in bilateral cooperation.

The 2024 International Low Altitude Economic Expo was successfully held in Zhuhai, South China's Guangdong Province from Sunday to Tuesday, attracting professional attendees from more than 20 countries and regions worldwide to witness the latest technological advancements and innovative applications in the low-altitude economy and unmanned systems.

Despite the EU's recent implementation of imposing high tariffs on Chinese electric vehicles (EVs), negotiations for alternative solutions continue, and both sides have shown an intention to manage their differences and avoid further escalation in trade tensions.

China Rural Revitalization magazine has published a series of articles on the rapid development and transformation of rural China. The articles reflect the arduous efforts of rural revitalization across the country, which is an important and genuine solution to China's rural economic development. In the future, articles selected from this series will be published.

China's homegrown civil airship, the AS700 "Xiangyun," received 10 new purchase orders on the opening day of the Airshow China 2024 in Zhuhai, South China's Guangdong Province, and the developer said the maiden commercial flight of the airship is set to begin soon.

Against the backdrop of global energy transformation, the aviation industry is accelerating decarbonization, and sustainable aviation fuel (SAF) has become a hot topic. Global Times has learned that many airlines have announced that they will use SAF to promote the goal of net zero emissions and have launched relevant layouts; some large oil companies have also begun to focus on related capacity construction.

CAS Space, Chinese commercial aerospace company, successfully sent 15 satellites into orbit with its solid rocket Kinetica-1, also known as Lijian-1, on Monday. The flight also deployed an intelligent remote sensing satellite for Omani client, marking the Chinese private rocket firm's first collaboration with international client.

Foreign business representatives at the ongoing 7th China International Import Expo (CIIE) in Shanghai applauded on Friday the expansion of scope of the unilaterial visa-free policy issued by the Chinese government and said the move will facilitate business activities and people-to-people exchanges.

Chinese, EU technical teams held five rounds of in-depth consultations on the specifics of the electric vehicle (EV) price commitment plan from November 2 to 7 in Beijing, achieving notable progress, a spokesperson for China's Ministry of Commerce said on Friday.

US food and agricultural companies are actively seeking opportunities at the 7th China International Import Expo (CIIE), and have already successfully secured numerous deals.

The innovative digital yuan visual hard wallet was launched at the 18th Shenzhen International Financial Expo on Thursday, introducing a safer and more accessible way to use of the digital currency.

TikTok said on Thursday that it will challenge Canada's order to shut down its operations in Canada, saying that Ottawa's move of destroying hundreds of well-paying local jobs is not in anyone's best interest.

UnionPay International, a subsidiary of Chinese card payment giant China UnionPay, announced on Wednesday that UnionPay cards issued overseas now fully support binding with Alipay and WeChat Pay, which will provide foreign visitors with more diverse and convenient payment choices in China.

Shenzhen-based Deeproute.ai, an emerging player in autonomous driving, announced Tuesday that it has secured $100 million in exclusive investment from a top domestic automaker. The company aims to use this funding to scale its advanced driver-assistance systems and capture more market share before Tesla's Full Self-Driving (FSD) technology enters China.

Chinese Commerce Minister Wang Wentao on Sunday met with visiting French trade official Sophie Primas in Shanghai, noting that China's trade remedy investigations into brandy, pork, and dairy products from EU complied with WTO rules and China's domestic laws.

With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They selectively highlight information and distort facts to promote their narratives like “Peak China,” while ignoring China's economic resilience and growth potential. To set the record straight, the Global Times is launching a multimedia project featuring in-depth articles, analyses and visual arts to provide a balanced and accurate portrayal of the Chinese economy. This is the 16th installment of the series.Training highly skilled workers is of great significance for China's manufacturing sector take-off, allowing the world's manufacturing hub to adapt to the needs of new industrialization in order to fulfill the goal of Chinese modernization at an early date.

Wednesday marked the 15th anniversary of the ChiNext board, a Nasdaq-style board for growth enterprises in China, which opened for trading on October 30, 2009. After 15 years of rapid growth, the board has become an important incubator for the development of high-quality private enterprises, and it vigorously propels innovative economic development and industrial upgrades.

South China's Guangzhou Baiyun International Airport welcomed flight 8B167 from Manado Sam Ratulangi International Airport, Indonesia on Tuesday. The flight, operated by Chinese-made aircraft COMAC ARJ21 model, marked the longest commercial route made by the aircraft, according to CCTV News.

Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days.

The official groundbreaking for a manufacturing facility for Xpeng Aeroht's flying car took place on Sunday in Guangzhou, South China's Guangdong Province. The site will produce the "Land Aircraft Carrier," a land-air split-type flying car, with a planned annual capacity of 10,000 vehicles. It is the world's first modern assembly line dedicated to the mass production of flying cars, the company said on its website on Sunday.

China's Commerce Minister Wang Wentao on Friday met with Apple CEO Tim Cook in Beijing, welcoming the US-based tech giant to seize opportunities and expand in the Chinese market and vowing to further optimize the business environment and provide high-quality services for foreign businesses.

Several US firms have recently disclosed their third-quarter financial results, highlighting their strong performance in the Chinese market and reaffirming their commitment to continued investment in the country.

Chinese lidar manufacturer Hesai Technology Co said on Thursday that it will continue the legal process against the US Department of Defense (DOD) after being re-added to the "Chinese Military Companies" (CMC) blacklist.

China's first domestically developed mobile operating system (O/S), HarmonyOS NEXT, Huawei's native mobile O/S, was officially released on Tuesday. This marks the world's third major mobile O/S following Apple's iOS and Android, media reported.

Whenever you spot a big crowd of global buyers gathering at a booth in the Canton Fair complex, it's clear that high-tech, high-value-added products, such as industrial automation equipment, humanoid robots, intelligent bionic hands and hydrogen bicycles, are showcased by Chinese exhibitors.

German carmaker Mercedes-Benz has reiterated its opposition to the European Union's (EU) planned tariffs on Chinese electric vehicles (EVs), urging a delay in implementing these highly controversial measures to avoid harming interests of both sides.

The 2024 Paris Motor Show concluded here on Sunday, with electric vehicle (EV) manufacturers from China, Europe and the United States showcasing their latest models as competition in the global EV market intensifies.

Italian insurance giant Generali is optimistic about China's economic prospects, eyeing cooperation opportunities with Chinese companies in a wide range of fields including electric vehicle (EV), Pierre Martelly, chief insurance officer of Generali International Asia, said in Beijing on Saturday.

Chinese drone maker DJI filed a lawsuit against the US Department of Defense (DoD) on Saturday, challenging its inclusion on the “Chinese Military Companies” (CMC) blacklist and seeking to be removed from the list.

Chinese drone maker DJI filed a lawsuit to challenge the U.S. Department of Defense (DoD) on Saturday, seeking to be removed from the blacklist of alleged Chinese military companies.

A worker welds a metal part during a welding competition at a construction site of the Fuyang-Huainan Railway in East China's Anhui Province on October 18, 2024. The total length of China's railway in operation has surpassed 160,000 kilometers, with more than 46,000 kilometers of which being high-speed railway, ranking first in the world. Photo: VCG

China has recently given the green-light to the establishment of wholly foreign-owned hospitals in select cities and regions, marking one of its latest efforts to open up the services sector. Some analysts said this could be a "Tesla moment" for China's healthcare industry.

The US government is restricting Chinese dronemaker DJI from exporting select drones to the US in what appears to be part of "a broader initiative by the Department of Homeland Security to scrutinize the origins of products, particularly in the case of Chinese-made drones," DJI told the Global Times on Thursday.

Animal Wellness Products (AWP), an Italian company from Castelnuovo Rangone, in the Modena province, has had a lot of success in the Chinese market. The company was founded and is still currently led by Paolo Cristofori as its CEO. It was him, alongside his 8 million euros in revenue company, who reached out to Chinese farmers.

Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China.Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China.Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China. Animal Wellness Products (AWP), an Italian company from Castelnuovo Rangone, in the Modena province, has had a lot of success in the Chinese market. The company was founded and is still currently led by Paolo Cristofori as its CEO. It was him, alongside his 8 million euros in revenue company, who reached out to Chinese farmers.

Amplifon, a global leader in hearing solutions, is focusing on China. With over 400 stores across 15 regions, it is one of the country's key operators.

China's major e-commerce platform JD.com on Wednesday refuted defamatory rumors about the personal lives of its founder Liu Qiangdong and his wife Zhang Zetian. The couple have filed a police report, and the case is currently under investigation, according to a statement released by the company's official Weibo account on Wednesday.

Chinese autonomous driving firm WeRide launched on Tuesday its latest robotaxi model, the GXR. It comes after Tesla's release of its CyberCab, which is also intended to serve as a public taxi and shared transportation services.

As drones are increasingly becoming more common in daily life, new drone-related jobs are continuously emerging, such as drone assembly engineers, maintenance technicians and drone pilots. Particularly with the rise of the low-altitude economy in China, demand for talent is growing rapidly.

After months of delays, Tesla unveiled its driverless taxi named Cybercab on Friday, marking a new milestone in the global autonomous driving competition led by China and the US. Chinese industry analysts said that the launch would activate intelligent connected vehicle sector's competition while expecting that this would benefit the overall industry considering China's open and competitive market environment.

After months of delays, Tesla unveiled its driverless taxi named CyberCab on Friday, marking a new milestone in the global autonomous driving competition led by China and the US. Chinese industry analysts expect this would benefit the overall industry development in China's open and competitive market environment.

A merchant in Yiwu, East China's Zhejiang Province, showcases popular styles of Christmas hats in his booth on October 10, 2024. Festival goods are selling well in the Yiwu International Trade Market, which has more than 800 vendors offering Christmas merchandise. These vendors export Christmas items to more than 100 countries and regions each year. Photo: VCG

China's Minister of Industry and Information Technology Jin Zhuanglong has met with Colombian Minister of Foreign Affairs Luis Gilberto Murillo on Thursday in Beijing, during which the two sides had in-depth discussions on strengthening cooperation in the fields of industry and information technology, according to a post on the official WeChat account of China's Ministry of Industry and Information Technology (MIIT) on Thursday.

A worker inspects the operation of robotic arms in a factory in Jiangdu district, Yangzhou, East China's Jiangsu Province on October 9, 2024. In recent years, Jiangdu has ramped up efforts in promoting high-end manufacturing with new technologies to facilitate the cultivation of new quality productive forces in the region. Photo: VCG

Workers are busy filling orders in a textile and clothing production workshop in Jimo district, Qingdao, East China's Shandong Province on October 7, 2024. Through policy guidance, Jimo district encourages enterprises to increase investment in new technologies, processes and products. In the first half of 2024, 85 regulated textile and clothing enterprises in Jimo achieved an output value of 8 billion yuan ($1.14 billion), a year-on-year increase of 3.8 percent. Photo: VCG

Germany carmaker BMW urges Germany to vote against the additional high tariffs on China-made electric vehicles (EV), the latest move by a key industry representative within the EU standing up to oppose the decision made by the European Commission (EC), citing concerns for an escalating trade dispute.

If the European Commission slapped tariffs on Chinese electric vehicles (EVs), it could mean that European enterprises become a bit lazy and they may lose competitiveness in the long term due to the lack of cut-throat competition, Rudy Aernoudt, a European economist and the former chief economist of the European Commission, told the Global Times. He called for the two economies to find ways of collaboration rather than simply blocking [Chinese EV-makers' access] to European market.

Private capital has been introduced in all five newly approved nuclear power projects in China, with the share of private enterprises standing at 10 percent for the first time, the China Media Group (CMG) reported on Saturday, citing the National Development and Reform Commission (NDRC), China's top economic planner.

China completed a trial operation of an unmanned heavy-haul train on the railway connecting North China's Hebei and East China's Shandong provinces, marking a key milestone in advancing from automated to unmanned heavy-haul railway technology.

US electric vehicle maker Tesla announced on Saturday that it has shipped its 1 millionth made-in-China vehicle from its Shanghai plant. Experts say the milestone reflects China's strong and complete industrial supply chains.

A joint investigation group in Hefei, capital of East China's Anhui Province, announced in a statement on Thursday that it will confiscate illegal gains and impose a fine totaling 68.9491 million yuan ($9.83 million) on Three Sheep Group, a company based in the city that was founded by online influencer Zhang Qingyang. The company has recently been hit by criticism of false publicity.

The third Global Digital Trade Expo (GDTE) kicked off on Wednesday in Hangzhou, capital city of East China's Zhejiang Province, the nation's innovation and trade hub, showcasing China's significant new opportunities and latest solutions in the digital economy.

Volkswagen Group China is continuously optimizing the cost efficiency of all departments and projects, the company said in a statement sent to the Global Times on Monday, in response to the question that the German car maker is reportedly laying off employees in China.

In a highly anticipated event, tech giants Huawei and Apple simultaneously kicked off sales of their latest flagship smartphones in China on Friday, sparking a wave of consumer excitement.

East China's Shandong-based Yankuang Energy Group Company Limited (Yankuang Energy) announced on Friday that the company has completed the transaction acquiring a 52.66 percent stake of listed German mining equipment manufacturer SMT Scharf AG (Scharf AG), a latest demonstration of Chinese energy enterprises' overseas expansion.

The 2024 China International Fair for Trade in Services (CIFTIS) has become a hub for Chinese and international visitors to exchange ideas on the latest innovations and technologies across industries. Many foreign attendees are impressed by China's innovation and technology advancement, as many Chinese firms showcased their latest products.

Huawei launched its new product - a triple-fold smartphone - on Tuesday, just hours after the release of Apple's artificial intelligence (AI)-boosted iPhone 16, which sparked wide discussion about the technologies behind the two tech giants.

Air China on Tuesday operated the maiden commercial flight of its first home-made C919 aircraft, becoming the second airline in China to use the aircraft after China Eastern Airlines. This is believed to be a further move to accelerate the commercial operation of the C919 plane.

Chinese biotechnology firms including BGI, MGI as well as WuXi AppTec on Tuesday refuted the wrong allegations in a US bill passed by the US House of Representatives on Monday, stressing that the companies do not have access to Americans' personal data in their operations.

China's National Development and Reform Commission (NDRC) and Ministry of Commerce jointly issued the 2024 "negative list" for foreign investment access on Sunday, as part of the nation's latest efforts to promote wider opening-up to the outside world.

The People's Bank of China (PBC), the central bank, said on Thursday that there is still room to reduce the reserve requirement ratio (RRR) for banks and pledged to continue to implement the supportive monetary policy to shore up the economy. The comments underscored the PBC's commitment to creating a favorable monetary environment to boost market confidence that will help the country's economic recovery, experts said.

The chief executive of Dutch semiconductor equipment maker ASML, which has been caught up in Washington's technology crackdown on China, said reportedly that US-led restrictions on the company's exports to China are becoming more “economically motivated” over time, noting that “there will be more pushback.”