A number of provinces and regions in China have told local industrial companies to use electricity in an 'orderly' way amid a supply gap and peak summer demand, with some companies having had to cut production to abide by government regulations.
The swimming events of the Tokyo Olympic Games concluded on Sunday, with the Chinese swimming team collecting three gold medals, two silver medals and one bronze medal to finish fourth in the medal table in the pool. This record-setting performance sparked public interest on the "secret weapons" - aerospace technologies that backed the training of athletes.
A recent series of celebrity scandals, with the latest involving Canadian star rapper Kris Wu Yifan, has triggered the awareness of more brands to manage risks, with many looking to the booming virtual idol sector to increase their digital assets, industry insiders told the Global Times.
Chinese and US securities regulators should step up communication on the supervision of US-listed Chinese companies in a spirit of mutual respect and win-win cooperation to seek solutions and foster policy predictability within an institutional environment, a spokesperson for the China Securities Regulatory Commission (CSRC) said on Sunday.
A Chinese start-up has started testing “micro invasive” brain-computer interface (BCI) in pigs, and it also plans to test the technology on monkeys in the next phase of experiment, making itself one of Chinese leaders in the test and application of the new emerging technology, the Global Times learned.
The fifth set of generators at Hong Yanghe nuclear power plant in Northeast China's Liaoning Province completed its 168-hour-trial on Saturday and is now ready for commercial operation, Hong Yanghe Nuclear Power announced on Sunday via its official WeChat account.
Beijing's subway system will add more services that are compatible with China's digital yuan from August 1 this year. Passengers now can use digital yuan to buy tickets, all-purpose cards and top up their all-purpose cards balance.
People's Bank of China (PBC), the country's central bank, stated on Friday that the country's general economic settings will remain stable, while the bank will accelerate oversight and restrictions on cryptocurrency transaction.
Universities and hospitals affiliated with ministries, and centrally administered state-owned enterprises in Beijing will start relocation to Xiong'an New Area, North China's Hebei Province this year as part of removing the non-capital function, an official from the leading group for the coordinated development of the Beijing-Tianjin-Hebei region said in an interview with the Xinhua News Agency on Friday.
The recent Delta outbreak in Nanjing, East China's Jiangsu Province, will have a grim impact on the summer holiday tourism market across the country. According to industry players, the outbreak is expected to cut more than half of the tourism revenue across popular scenic spots.
The Gezhouba Dam, the world's largest run-of-river hydropower station and the first large-scale water control project on the main artery of the Yangtze River, celebrated the 40th anniversary of its commissioning for power generation on Friday, with producing nearly 600 billion kilowatt-hours of electricity.
Chinese nuclear giant China General Nuclear Power Corporation (CGN) said on Friday that it is shutting down the Taishan No.1 reactor, the world's first EPR third-generation technology reactor, to examine fuel rod damages and undertake maintenance.
The COVID-19 infections in Thai chicken processing plants have disrupted the export of chicken to China and led to a spike in prices, several Chinese importers told the Global Times on Friday after the largest chicken processing plant in Thailand was shut down due to the pandemic.
All scenic spots in Zhangjiajie, a popular tourist destination in Central China's Hunan Province, have been closed on Friday morning to curb the virus spreading.
The impact of heavy rain and floods in Central China's Henan Province on the grain market in China is partial and short-term, Ministry of Agriculture and Rural Affairs said on Friday.
Amid Russia's de-dollarization efforts, the Chinese yuan's share in China-Russia bilateral trade has risen from 3.1 percent in 2014 to 17.5 percent in 2020, Chinese Ambassador to Russia Zhang Hanhui said in an interview with Russian media.
The future US policy toward China may become increasingly tough, after Biden Administration's Huawei case prosecutor was nominated to a key China export post, experts said.
Pakistan could overtake India in trade with China in just eight years, even though its trade volume with China was only one-fifth of India's in 2020, a Pakistan diplomat told the Global Times at a forum in Beijing on Thursday.
Huawei launched its long-anticipated P50 handset series during an online event on Thursday evening, pre-loaded with the self-developed HarmonyOS software platform. It's the Chinese firm's first mobile series to be offered without Android or Google services amid the US ban.
Chinese people made 1.871 billion domestic trips in the first half of 2021, up 100.8 percent year-on-year, recovering to 60.9 percent in the same period in 2019, the pre-epidemic level, data from the Ministry of Culture and Tourism showed on Thursday.
Editor's Note: On July 1, China declared it had reached its first centenary development goal – building a moderately prosperous society, or xiaokang, in all respects and is marching confidently toward the second centenary goal of building China into a great modern socialist nation. To decipher what that means in the context of where China is now and where it's heading, the Global Times is publishing a series of multimedia productions about achievements under the xiaokang goal in various aspects. This piece focuses on technological miracles that have changed people's lives.
Although Nanjing in East China's Jiangsu Province is tense after being fully mobilized on a "wartime" footing to battle against imported coronavirus cases, the city -- home to many world-leading electronics companies -- is operating “basically normal”.
Shanghai's Pudong New Area aims to attract more than 200 global institutional investors and five new legal person investment institutions this year, a government official in Pudong disclosed, as the country tries to model the area into an essential node of global financial resource allocation -- part of a blueprint to develop Pudong as China's socialist modernization pioneer zone in the coming years.
China's stock markets ended a losing streak on Thursday with the major indexes rising sharply, following an editorial by the Xinhua News Agency saying the country's recent regulatory changes targeting online platform economy and tutoring businesses are not part of a larger crackdown but rather a policy to foster healthy development of those industries.
China Iron and Steel Association (CISA) vowed on Thursday to accelerate development of domestic iron ore source and the construction of overseas iron mines invested by Chinese companies in order to secure the country's iron and steel supply during the 14th Five-Year Plan 2021-25.
Testing for Universal Beijing Resort is moving full-speed for its grand opening, Song Yu chairman of Beijing Tourism Group, which jointly developed the theme park, told the media.
China has reached a critical moment to highlight the need to strengthen basic research, Chinese Premier Li Keqiang said during a visit to the National Nature Science Foundation of China on Monday, urging to prioritize basic research amid uncertainties in global context.
Most part of transportation system in Central China's Henan Province has seen the resumption of normal services as of Thursday, after heavy downpours and floods drenched the province on July 20, said Ministry of Transportation (MOT) on Thursday.
China has led the world in the number of COVID-19 vaccinations, in vaccine exports and providing aid to other countries and regions, according to a report on COVID-19 vaccination released by the Boao Forum for Asia (BFA) on Thursday.
The capacity of China's ports saw increases over the first half of 2021, meeting China's growing foreign trade volume, the Ministry of Transportation (MOT) said on Thursday, noting the overall vaccination rate of frontline staff in ports has surpassed 97 percent.
China's stock markets started the day positively on Thursday following an editorial by the Xinhua News Agency saying the recent regulatory policies targeting Chinese platform economy and tutoring firms are not part of a larger crackdown, but aiming to foster a healthy development of the industries.
It's a good opportunity to take advantage of China's huge consumer market through the new sales mode like the bazaar, which combines both online and offline sales, to "rush products showcased at the CIIE into the hands of best sellers," said James Xue, General Manager of Greenland Global Commodity Trading Hub Group.
The Chinese economy remains steady, its reform and opening-up pledge continues unchanged and its capital markets are still intact, Xinhua said in a late-night editorial on Wednesday with the objective of restoring market calm following recent stock swings after tougher regulations made investors jittery.
China's State Administration for Market Regulation (SAMR) on Wednesday announced 10 typical cases involving illegal activities such as false advertising and unfair competition. It was the second such announcement this year, with several e-commerce giants including Alibaba's Taobao, JD.com and Douyin.
Foreign companies that have a footprint in China have published their quarterly financial results recently, and most of their businesses displayed growth.
A total of 153 COVID-19 cases were reported in Nanjing, East China's Jiangsu Province from July 20 to Tuesday, which cooled the region's and the nation's tourism industry, which was expected to thrive during the 2021 summer travel peak. One industry insider said that the revenue of his branch company in Nanjing was estimated to decline by nearly 50 percent.
Chinese mainland shares remained mostly lower on Wednesday, with the benchmark Shanghai index continuing a losing streak following a new outbreak of the coronavirus in the country. But there were already signs that the market was stabilizing.
Enterprises in Central China's Henan Province have resumed operations and manufacturing after days of torrential rains that caused flooding, with logistics and supply chains having largely returned to normal, except in areas that are still heavily affected by the disaster.
Third child-related stocks posted strong gains on Wednesday, standing out from the overall weakness in the Chinese stock market, amid a strong push for more childbirths in the world's second-largest economy.
Olympic double gold medalist, 21-year-old shooter Yang Qian's duck and carrot-shaped hairpins made a sensation on Chinese social media, quickly becoming best sellers across major e-commerce platforms in the country.
China's semiconductor market is the largest in the global semiconductor industry, accounting for about 35 percent of the global market share, much higher than the US, Europe and Japan. However, the development of China's semiconductor technology lags behind, exposing the urgent need of new talent to meet the growing market demand.
Panzhihua city in Southwest China's Sichuan Province, with 1.23 million population, announced on Wednesday it plans to dole out money to couples giving birth to more than one child, the first-ever official incentive of its kind to spur more childbirths as part of broad-based efforts to address China's demographic decline in the longer term.
The Supreme People's Court (SPC) of China on Wednesday issued judicial rules to regulate the use of facial recognition, stipulating that no app can require users to provide unnecessary personal information. Specifically, the regulation requires apps to ask for consent from users when facial recognition information is involved.
A total of 26 companies including global industry-leading firms such as L'Oréal, Bayer, Miji Design Germany, Ernst & Young and HSBC on Tuesday signed up to participate in the fifth China International Import Expo next year in Shanghai, showing strong confidence in China's economic growth in the future.
The big strides China has made in its technological capability serve as a pivotal buttress of accomplishing xiaokang, China's minister of science and technology said on Tuesday, highlighting sci-tech-powered job creation and a boost to economic growth, especially in western China.
Representatives and ambassadors from Latin America are calling for more investment from China, and looking for a stronger and more friendly relationship that goes beyond economic ties, they said during a forum held in Beijing on Tuesday.
Multiple scenic spots across China have announced that tourists wearing domestic brands such as Erke will be free of charge for tickets, local media reported on Monday
China's industrial production reported steady recovery in the first half of the year, with corporate operations recording continuous improvement and stable profits, latest data from the National Bureau of Statistics (NBS) showed on Tuesday.
China's A share market listed private tutoring companies' shares continue their downwards trend at the open of trading on Tuesday. Shares of Xueda (Xiamen) Education Technology Group Co reached its daily drop limit. Shares of Doushen (Beijing) Education & Technology Inc and Offcn Education Technology Co were down by 11.33 percent and 4.31 percent respectively than the last trading day as of time of press.
China's first low-orbit broadband satellite and 5G network integration test was completed on Sunday, CCTV reported on Monday.
The unprecedented rain that hit many parts of Central China's Henan Province last week not only caused great losses in human lives and property, which led to the relocation of over 1.4 million people, but also sparked concerns over the potential impact on the nation's food supplies, as the province is one of China's leading grain producers.
Seven government departments, including China's top market regulator, on Monday unveiled new guidelines urging online catering platforms to safeguard the rights and interests of delivery workers, as part of a broader push to rein in the unchecked expansion of platform businesses at the expense of employees' wellbeing.
China's Ministry of Commerce (MOFCOM) on Monday released the country's first negative list for cross-border trade in services in the Hainan Free Trade Port, a major measure to improve the administrative model for trade in services -- which will facilitate free trade in services and enhance the country's opening-up levels.
Disrupted freight between Zhengzhou, the capital city of Central China's Henan Province, and Europe is gradually resuming, following unprecedented flooding and a week-long stretch of emergency controls.
The president of Taiwan Semiconductor Manufacturing Co (TSMC) called on countries to adopt "free trade" at a time when many governments were pushing localization of the semiconductor industry, as he said that semiconductor localization could only be regional phenomenon, according to media reports.
The UK government should effectively provide Chinese companies with an open, fair and non-discriminatory business environment, Zhao Lijian, Chinese Foreign Ministry spokesperson, said on Monday, after media reports said that London aims to remove China General Nuclear (CGN) from the country's nuclear power projects.
Lowering trade tariffs and barriers and promoting liberalization of cross-border trade and investment are important measures to address climate change, and facilitate sustainable development, according to a spokesperson from the Ministry of Ecology and Environment (MEE) on Monday in response to the carbon border tax being considered by the EU.
Chinese smartphone maker Oppo is ranking second in global smartphone market share in May, 2021, with a 16 percent share of unit sales, beating Apple by one percent, data showed.
Lhasa-Nyingchirailway recorded 106,000 visits, with an average dailypatronage of 3,500 tripsover its first month of operation, according to a statement sent by the ChinaRailway to the Global Times on Monday.
The fourth China International Import Expo's (CIIE) organizers marked the 100-day countdown on Monday as a pre-expo supply-demand matchmaking meeting for exhibitors and buyers from the sectors of food, agriculture, medical equipment and healthcare was held on the same day to provide more opportunities.
Multiple online service platforms including travel booking platforms, food delivery platforms, and grocery vendors have implemented measures in response after Typhoon In-Fa lands in East China, which is the country's strongest typhoon so far in 2021, according to media reports.
Several HKEX listed stocks in education sector including New Oriental, China New Higher Education Group and Scholar Education Group all saw their share price fall at the open of the market on Monday morning, due to Chinese market regulator's restricting measurements toward the country's private education industry.
China's steel inventories have declined for two consecutive weeks, data showed, as the country is implementing measures to achieve the goal of reducing crude steel production during the off-season.
The new-energy vehicle (NEV) industry has become a heated sector for Chinese job hunters, with new vacancies more than doubling year-on-year in the first quarter, as NEV sales in the country expanded rapidly after the coronavirus crisis.
The internationalization of Chinese yuan accelerated in 2020 despite the ravaging global pandemic and the US government's containment of China's growth. Experts predict there exists great room for the currency's further internationalization, calling for convenient flows of the yuan and expansion of cross border investment avenues.
China is to release a top-level design plan to reach its goal of carbon neutrality, the nation's special envoy for climate change affairs said on Saturday.
China's vast private education sector received a death blow as the country introduced sweeping measures, including barring curriculum-based tutoring institutions from raising money through stock market listings, in a bid to correct disorderly competition in the industry and ease the burden on Chinese students and their families.
The Zhengzhou section of the China-Europe freight train has officially resumed operation on Sunday, after rail freight operations between Zhengzhou, capital city of Central China's Henan Province and Europe, was suspended on July 20 due to an unprecedented deluge, local authority announced on Sunday.
China is to release a top-level design plan to reach the carbon-neutralization goal, China's special envoy for climate change affairs said on Saturday.
China's railway system plans to deliver 60 train loads of coal to Central China's Henan Province per day as the province reported urgent shortages of the fuel that's used to generate electricity, after major transport routes were blocked by an unprecedented deluge, local media reported.
China bans academic training agencies from raising capital through IPOs
China's Ministry of Commerce (MOFCOM) issued a notice on Friday to solicit opinions on the revision of prohibited and restricted technology imports, in a further effort to create a favorable environment for the free cross-border flow of technology.
Car companies in Zhengzhou, capital of Central China's Henan Province, gradually resumed production on Friday after electricity supply and internet connections were restored following heavy rainfall and flooding in the city on Tuesday. A full recovery can be expected as logistical hurdles ease in the third quarter.
Factories in Zhengzhou, the capital of Central China's Henan Province, have gradually resumed operations as the impact of floods - caused by the city's heaviest downpour in 60 years - eased. Zhengzhou, home to the world's largest iPhone factory and one of China's largest auto manufacturing bases, is gradually shaking off disruptions as electricity and internet connection returned. Yet logistics continue to pose a threat to shipments, potentially affecting supply chains at home and abroad.
Foxconn's major factories in Zhengzhou, Central China's Henan Province, have partially resumed production as the impact of floods gradually eased. But production at one factory that mainly manufactures USB cables – which was hit the hardest – was still grounded to a halt, the Global Times learned Friday.
China published a guideline on Thursday night that directs central regions to develop regional industrial cluster bases, with a special focus on high technologies such as new materials, new-energy vehicles and electronics information.
The Chinese Foreign Ministry has dismissed comments by US Trade Representative Katherine Tai, who said that the US would cooperate with Australia to deal with China's “economic coercion.”
Chinese technology companies are supporting flood rescue efforts in Central China's Henan Province, with drones, unmanned boats, remote water supply systems and cloud-logging services functioning as a much-needed, life-saving force to minimize the damage of the deadly natural disaster.
Although Australian wine shipments to Hong Kong jumped 111 percent in the 12 months that ended on June 30, industry insiders said that Australian wine is still losing its biggest market, the Chinese mainland, due to anti-dumping tariffs and rising competition from French wine.
China isn't getting carried away with the buoyant trade growth of recent months, with officials warning of a possible slowdown in trade growth in the second half, while vowing to address problems like rising raw material prices and congested maritime logistics, which are eroding trading companies' profits.
After unprecedented downpours struck Central China's Henan Province, leaving cars upended, houses destroyed and people stranded, Chinese insurers responded swiftly with urgent measures to handle claims from policyholders, with more than 65,000 claims arriving by Thursday.
The Pudong New Area of Shanghai will rival the city of London and Manhattan in the financial sector as China moves to model the area into a pioneer zone for socialist modernization in the coming years, officials said on Thursday during a press conference in Shanghai.
On July 1, China declared that it had reached its first centenary goal – building a moderately prosperous society, or xiaokang, in all respects, and it is marching confidently toward the second centenary goal of building China into a great modern socialist country. To decipher what that means in the context of where China is and where it is heading, the Global Times is publishing a series of multimedia products about various aspects of the achievements under the xiaokang goal. This is an infographic focusing on figures and indexes that underscore China's economic miracle
China's 21 free trade experimental zones have received 100.88 billion yuan ($15.6 billion) in overseas investment in the first half of 2021, accounting for nearly 17 percent of all foreign capital that flowed into China, according to data released by the Ministry of Commerce (MOFCOM) on Thursday.
Dongfeng Peugeot issued an official apology on its Sina Weibo account on Wednesday after being accused by Chinese netizens for faking flood aid effort in Zhengzhou, Central China's Henan Province, which has reported 33 deaths in the unprecedented rainfall.
SinoCellTech, a Beijing-based biotech company, has rolled out the world's first 14-valent human papillomavirus (HPV) vaccine which has entered clinical trials, media reported on Thursday.
China's high-tech companies had deployed drones to assist with rescue work in Central China's Henan Province after regions of the province experienced unprecedented heavy rainfall flooding which has caused 25 deaths so far.
Record rainfall and severe floods in Zhengzhou in Central China's Henan Province have caused disruptions to the operations of many major multinational corporations including Foxconn, Nissan, IKEA and FedEx.
From face masks to vaccines, Chinese medical suppliers have been delivering products to facilitate the Tokyo 2020 Olympic Games, which is scheduled to open on Friday despite challenges posed by the COVID-19.
China has substantially increased imports of semiconductor equipment from the US over the past few months, a recent industry analysis showed, sparking speculations that China was "hoarding" the crucial equipment amid the US' crackdown and a global shortage.
Chinese officials and experts on Wednesday warned Lithuania, the small Baltic country, against crossing China's red line regarding the island of Taiwan and defended growing ties between China and the Central and Eastern European Countries (CEECs).
With more advanced technology, it is expected that the ticket price to visit the space will fall within the range from $30,000 to $50,000, said a senior executive in China's private space sector.
The agricultural production and transportation in Central China's Henan Province will only be temporarily affected by the extreme torrential rain and subsequent flooding, analysts said on Wednesday.
The record rainfall in Zhengzhou, Central China's Henan Province that has caused widespread flooding in the major manufacturing hub, has disrupted certain operations of major iPhone supplier Foxconn's plants in the city as workers were blocked from going to work, several employees told the Global Times on Wednesday
Volvo Cars, a sister company of Chinese car maker Geely Holding, to take full ownership of its car manufacturing plants and sales operations in China by acquiring Geely Holding's stake, in order to maintain its influence in its largest market, the company told Global Times on Wednesday.
Cloudwalk Technology, known as one of China' four artificial intelligent (AI) “dragons”, is set to become China's first AI unicorn to go public at home, a milestone for China's burgeoning AI industry amid heated technology race between the world's two largest economies, rising public concern about data security and US government' increasingly hostile attitude toward Chinese companies listing in the US.
Multiple rail routes and highways through Central China's Henan Province have been cut off due to extreme weather which has caused 12 deaths, while large number of air flights have been canceled on Wednesday as record rainfall across the province swept through cities and villages.
The torrential rainstorm and subsequent flooding in Central China's Henan Province prompted a flurry of Chinese internet giants to give a helping hand to local residents, including donating money, providing essential items to combat the natural disaster that has forced main roads to close and flights canceled in over a dozen cities in the province.
An intense crackdown that's been in progress for months against Chinese companies, including some big names, by US-based e-commerce platform Amazon has sent a warning to China's e-commerce businesses that they not only need to comply with the rules but also speed up development of leading cross-border e-commerce platforms of global scale, industry analysts said.
The upcoming Tokyo Olympic Games, which is scheduled to open on Friday, is not just a major sports event for athletes but also an important stage for countries to show their strength in various aspects.