South China's Guangdong Province plans to seek enhanced trade and industrial integration with the Macao Special Administrative Region (SAR), officials said on Monday, as trade between Guangdong and Macao in the first 10 months this year exceeded last year's total at 15.88 billion yuan ($2.18 billion).

China's consumer prices saw a modest growth in November compared to a year earlier, while the economy has sustained the recovery momentum driven by the government's barrage of stimulus policies since September.

China's consumer price index (CPI), a main gauge of inflation, was up 0.2 percent year on year in November, the National Bureau of Statistics (NBS) said on Monday.

Sales revenues of home appliances under the policy-backed trade-in program reached 201.97 billion yuan ($28.11 billion) as of Friday and green products have become the favorite products for consumers, data from the Ministry of Commerce (MOFCOM) showed on Saturday.

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.

At the end of 2024, we take a look back at the Chinese economy's performance this year. China's domestic GDP grew by 5.3 percent year-on-year in the first quarter, 4.7 percent in the second quarter and 4.6 percent in the third quarter this year, with an average growth rate of 4.8 percent in the first three quarters.

China's latest generation of offshore wind turbine installation vessel (WTIV), the Tie Jian Feng Dian 2000, started its trial run on Sunday, after departing from the construction base in Yantai, East China's Shandong Province, media reported on Sunday.

Macao has seen its cumulative cross-border trips surpass 200 million this year as of Saturday, a new record and an increase of 9.4 percent compared to the total number of trips in 2023, according to statistics released by the Public Security Police Force of the Macao Special Administrative Region (SAR) on Sunday.

Asia House, a London-based think tank, has predicted that by 2027, trade between the Gulf countries and China will exceed the region's trade with Western economies, marking a historic shift in global economic dynamics, the Xinhua News Agency reported. The think tank attributes this shift to several key factors, including China's status as the Gulf's largest energy consumer, the Gulf's ongoing efforts to diversify its economy beyond hydrocarbons, and a series of high-profile political and economic engagements, the report added.

China's semiconductor industry has demonstrated a remarkable surge in self-innovation in recent years, particularly in the face of escalating sanctions and export restrictions imposed by the US. Rather than retreating in the wake of these challenges, Chinese chip manufacturers have accelerated their efforts toward domestic production, achieving significant advancements across various sub-sectors. This development not only highlights the resilience and innovative spirit of China's chip industry but also signals the failure of Washington's strategy to contain China's technological development.

This year marks the 20th anniversary of the China-Italy comprehensive strategic partnership. Italian President Sergio Mattarella recently concluded his visit to China, following Prime Minister Giorgia Meloni's visit to China in July. The visits strengthened bilateral cooperation in trade, science and technology and other fields, helping push bilateral ties to a new height. Global Times reporter Ma Tong (GT) conducted an exclusive video interview with Massimo D'Alema (D'Alema), former prime minister of Italy, discussing broad topics related with the outlook of China-Italy and China-EU cooperation in the coming years, as well as the possible growth trajectory of the Chinese economy.

China's top economic planner said Saturday that funds raised through the 1-trillion-yuan (about 139 billion U.S. dollars) ultra-long special treasury bonds this year have all been allocated to support specific projects and programs.

Multiple Chinese cities on Saturday launched a new round of consumption vouchers targeting the catering sector, which is aimed to boost the nation's positive consumption trend in 2024 and further stimulate demand ahead of the consumption peak at 2025 Spring Festival holidays.

China's foreign exchange reserves totaled 3.2659 trillion U.S. dollars at the end of November, up by 4.8 billion dollars, or 0.15 percent, from the end of October, official data showed Saturday.

TikTok CEO Shou Zi Chew vowed to take the fight against a US ban on the popular short video app to the US Supreme Court, TikTok told the Global Times on Saturday, after a US federal court on Friday upheld a law requiring its parent company ByteDance to divest its app in the US by January 19, 2025 or face a ban, the company told the Global Times on Saturday.

The China-proposed Belt and Road Initiative (BRI) is an inspiring framework for collaboration in the interconnected world, embodying a shared vision for growth founded on mutual respect and cooperation. Nigeria is fully committed to working alongside its Chinese partners and the global BRI community to seize new opportunities and build a future where prosperity knows no borders, Babagana Wakil, chargé d'affaires of the Embassy of the Nigeria in China, told the Global Times on Friday.

China's National Financial Regulatory Administration (NFRA) on Friday vowed to promote high-quality opening-up by supporting qualified overseas financial institutions to invest in the country's property insurance market, while supporting the high-quality development of overseas property insurance companies in the domestic market.

The performance of a country's foreign trade depends on its economic scale, growth potential and competitiveness, which is unlikely to be significantly affected by external political factors. From January to October, China's total merchandise trade increased by 5.2 percent year-on-year, reaching 36.02 trillion yuan ($5 trillion).

In 2024, China's foreign trade has witnessed a positive trajectory of qualitative improvement and stable expansion. China's total merchandise trade grew by 5.2 year-on-year from January to October to reach 36.02 trillion yuan ($5 trillion), continuing stable growth and displaying consistent structural improvement.

Lin Jian, a spokesperson for the Chinese Foreign Ministry on Friday commended the achievement of the green barrier encircling the Taklimakan Desert and expressed gratitude to generations of people who have tirelessly dedicated themselves to combating desertification.

The China-proposed Belt and Road Initiative (BRI) is an inspiring framework for collaboration in the interconnected world, embodying a shared vision for growth founded on mutual respect and cooperation. Nigeria is fully committed to working alongside its Chinese partners and the global BRI community to seize new opportunities and build a future where prosperity knows no borders, Babagana Wakil, chargé d'affaires of the Embassy of the Nigeria in China, told the Global Times on Friday.

China's Ministry of Finance (MOF) has released a draft on the standards and implementing policies regarding domestic products in government procurement, planning to give products made in the country a 20 percent price evaluation preference if they meet relevant standards.

Beijing Daxing International Airport has processed over 130 million passenger trips in its first five years of operation, Beijing Daily reported Friday.

China does not want to see trade tensions with the EU escalate and will closely monitor the EU's subsequent actions to ensure the protection of the legitimate rights of Chinese companies, He Yadong, spokesperson for China's Ministry of Commerce (MOFCOM), said on Thursday in response to the EU's reported plan to impose anti-dumping duties on Chinese titanium dioxide starting in January 2025.

During Nepalese Prime Minister Khadga Prasad Sharma Oli's visit to China from Monday to Thursday, he reaffirmed Nepal's commitment to actively engaging in the Belt and Road Initiative (BRI). In May 2017, China and Nepal signed a Memorandum of Understanding (MoU) on bilateral cooperation under the framework of the BRI. Seven years on, cooperation through the BRI has deepened, further boosting bilateral economic growth. This strengthened cooperation is set to inject fresh momentum into the development of a multi-dimensional connectivity network across the Himalayas, with the potential to profoundly reshape trade networks throughout Asia.

It seems that some US politicians have become increasingly inclined to exploit the island of Taiwan's reliance on Washington in an attempt to gain both geopolitical and economic interests from this strategic pawn. However, this deepening reliance could potentially expose the Taiwan region to greater risks in the future, making it more easily fall victim to America's pursuit of its own economic and strategic interests.

Some Chinese provinces and cities have intensified their efforts to introduce action plans to boost the development of artificial intelligence (AI) industry from various aspects, including underlying technologies, infrastructure and market applications.

The 2024 Belt and Road Commerce Chambers and Associations Conference (GCCAC) was held in Fuzhou, East China's Fujian Province on Thursday.

China's National Development and Reform Commission (NDRC) has announced its support for extending Harbin in Northeast China's Heilongjiang Province's visa-free transit policy from 72 hours to 144 hours, according to a statement released by NDRC on Thursday. The initiative aims to boost foreign tourist arrivals and further develop the local tourism market.

The US should abandon its protectionist practice and collaborate with global partners to support free trade in new-energy products, including solar panels, and combat global climate change, a Ministry of Commerce (MOFCOM) spokesperson said on Thursday, in response to the US Commerce Department's preliminary decision to impose tariffs of up to 271.28 percent on solar imports from Southeast Asia.

A spokesperson of China's Foreign Ministry on Thursday strongly rejected claims of “forced labor” in Xinjiang, following a BBC report that tomato purees sold in several British supermarkets may contain ingredients sourced from the region, purportedly linked to “forced labor”.

Chinese Foreign Ministry Spokesperson Hua Chunying posted three consecutive tweets on X on Wednesday, criticizing the US for its claims of “fair competition” while trying to deprive China of development rights, after the US government on Monday announced a package of rules designed to impair China's capability to produce advanced chips.

Chinese commerce ministry on Thursday confirmed the resumption of exports of compliant products from two Australian meat processors to China and called on companies from the two countries to continue to expand economic and trade cooperation in traditional and emerging fields.

Industrial associations from the Chinese mainland and Hong Kong pledged during the 2024 Belt and Road Commerce Chambers and Associations Conference (GCCAC) to enhance BRI cooperation between Fujian Province and Hong Kong.

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.

The Xinjiang Cotton Association issued a statement on Thursday in firm defense of the region's cotton industry, and said it firmly refuses to accept claims in response to remarks made by Tadashi Yanai, CEO of Fast Retailing, the parent company of global fashion brand Uniqlo, in an interview with the BBC on November 28, in which he said his company is not using cotton from Xinjiang.

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's Ministry of Industry and Information Technology (MIIT) has unveiled its latest catalogue of new energy vehicle (NEV) models exempted from vehicle purchase tax on Thursday. The latest update includes the market's most popular NEV models.

China's first bulk commodity resource allocation hub was inaugurated in East China's Zhejiang Province, one of the country's economic powerhouses, on Wednesday according to the Xinhua News Agency. This marks a significant milestone in Zhejiang's efforts to advance integrated, full-industrial chain reforms in the commodity sector, the report said.

Prime Minister of Nepal KP Sharma Oli encouraged business groups from Nepal and China to enhance collaboration. "Trade, commerce and economic relations between our two countries are now at a new level," Oli said on Wednesday when addressing the Nepal-China Business Summit held in Beijing.

China's railway sector achieved a new record, handling 4.01 billion passenger trips during the first 11 months of 2024, significantly higher than the 3.86 billion handled for the whole year of 2023, according to data from the national railway operator released on Wednesday.

Various offshore engineering equipment and specialized vessels are under construction or maintenance at a base in Yantai, East China's Shandong, on December 4, 2024. From January to October, shipbuilding completions grew by 41 percent, new orders by 61 percent and the order backlog by 48 percent. Shandong is establishing itself as a key shipbuilding hub and global leader in offshore engineering equipment. Photo: VCG

US President Joe Biden is visiting Angola this week, showcasing the Lobito Corridor project, which is reportedly a multi-billion US dollar investment aimed at building a railway connecting the Angolan port of Lobito to the city of Kolwezi in the Democratic Republic of the Congo, attracting attention from Western media. Some outlets see the project as a tool of geopolitical competition, with VOA highlighting it as a part of the US strategy to counter China's influence in global development. However, the project's future remains uncertain.

The Chinese business community firmly opposes the US abuse of export control measures and its “long-arm” jurisdiction over Chinese companies, a spokesperson from the China Council for the Promotion of International Trade (CCPIT) said on Wednesday in response to the US' latest control measures on semiconductor export to China.

Editor's Note: On November 8, 2024, China implemented unilateral visa-free entry trials for nine countries including Slovakia, Norway and Finland, then added another nine countries including Japan, Bulgaria and Romania to the list on November 30, expanding the number of countries twice in one month. China's unilateral visa-free policy now covers 38 countries, and government departments, have vowed to continue streamlining foreigner visitors arriving in China.

The first batch of 14 pilot securities companies launched a business operation related to the Cross-boundary Wealth Management Connect Scheme (WMC) on Wednesday, according to media reports.

China Automotive Chip Industry Innovation Strategic Alliance has released its second alliance whitelist on Chinese automakers' use of domestic semiconductor chips, covering 10 categories of chips covering car body, chassis, engine system, intelligent driving and more.

China Eastern Airlines launched a new C919 route from East China's Shanghai to Wuhan in Central China's Hubei Province on Wednesday, marking the 8th city served by the domestically-made C919 plane, further advancing the aircraft's commercialization.

​China's railway sector achieved a new record, handling 4.008 billion passenger trips during the first 11 months of 2024, significantly higher than the 3.86 billion handled for the whole year of 2023, according to data from the national railway operator released on Wednesday.

UK businesses are stabilizing their investments in China despite challenges, with about 76 percent of UK companies maintaining or increasing their investment in the market and only 8 percent saying that they will reduce their scale, the lowest figure since 2021, a survey released by the British Chamber of Commerce in China showed on Tuesday.

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.

In recent trading sessions, stocks related to humanoid robots in China's A-share market have seen a significant surge, attracting the attention of investors. This upward momentum reflects the increasing confidence in the future potential of China's humanoid robotics sector.

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's Ministry of Commerce (MOFCOM) issued an action plan together with a few other agencies aimed at setting up a modern commercial distribution system to assist the high-quality development of the country's wholesale and retail sector.

Four Chinese industry associations voiced firm opposition on Tuesday to the US' most recent chip export control targeting Chinese enterprises. They called on relevant sectors to exercise caution when purchasing chips from the US.

Qatar Airways' operations in China have returned to pre-pandemic levels, with the strong bilateral relationships between China and Qatar cited as one of the driving forces behind the growth in aviation routes, a senior executive of Qatar Airways told the Global Times.

China's Ministry of Commerce on Tuesday announced measures to tighten its control on the export of relevant dual-use items to the US, as part of efforts to safeguard national security and interests and fulfill non-proliferation and other international obligations.

Chinese Foreign Ministry Spokesperson Lin Jian said on Tuesday that China is willing to work with Australia to continue to properly address each other's concerns through dialogue and consultation and to make China-Australia relations more mature and stable, and better benefit the peoples of both countries.

As an important platform for cooperation among emerging markets and developing countries, the BRICS countries advocate for openness and inclusiveness and win-win cooperation. They do not engage in bloc confrontation, and do not target third parties. They aim to achieve mutual development and common prosperity, Chinese Foreign Ministry spokesperson Lin Jian said on Tuesday, responding to a question over US President-elect Donald Trump's threat to impose 100 percent tariffs on BRICS countries if they create a new BRICS currency to replace the US dollar.

Several Chinese companies on Tuesday responded to the US' third crackdown in three years targeting China's semiconductor industry, which added Chinese entities to the export control entity list. According to their statements, US' latest semiconductor export control measures are not expected to have a major impact on their business operations.

As of Monday, the China-Laos Railway has facilitated more than 43 million passenger trips and transported 48.3 million tons of goods during its three years of operation, according to information obtained by the Global Times from China State Railway Group Co (China Railway) on Tuesday.

The People's Bank of China (PBC), the central bank, announced on Monday that it will implement a revised statistical scope for M1 starting from January 2025.

A visa-free policy launched by China has sparked an inbound tourism boom from South Korea, with a sharp increase in bookings for trips to the country. Ctrip, one of China's largest online travel agencies, reported on Monday that from November 8 to December 2, the number of bookings from South Korea surged by over 150 percent compared to the same period last year, with month-on-month growth of around 15 percent.

China's largest single-pipe natural gas transmission project, the China-Russia east-route natural gas pipeline, officially went into full operation on Monday. From construction to operation, the pipeline's critical equipment and core control systems have been entirely domestically produced, China Media Group (CMG) reported.

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 implemented a new round of chip export restrictions targeting China.

The US talks one way and acts another, continuously broadening the concept of national security, abusing export control measures, and engaging in unilateral bullying. China firmly opposes this, a spokesperson from China's Ministry of Commerce (MOFCOM) said after the US unveiled its latest semiconductor export controls on China on Monday.

Deep-sea mining controversy necessitates joint international efforts to ensure sustainable development. Only by doing so can demands for resources be balanced with ecological protection and achieve long-term sustainable development of the sector.

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.

Two Chinese authorities on Monday released measures to promote the high-quality development of central enterprises' venture capital (VC) funds, supporting central enterprises to establish funds that focus on early, small and long-term investment and hard technology, according to a statement released on the website of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA), a region with robust economic vitality and the highest degree of openness in China, is witnessing a growingly extensive, interconnected transportation network, supported by government policies.

The Chinese capital of Beijing has solidified its appeal as a hub for foreign investment through continuous efforts to improve its business environment.

The Caixin China General Manufacturing Purchasing Managers' Index (PMI) reached 51.5 in November, up 1.2 points from the previous month, marking a second straight month of manufacturing expansion and the highest level since July, according to data released on Monday.

A 600-square-kilometer zone located approximately 300 kilometers southwest of Beijing has been greenlit as the largest drone-testing airspace in north China, set to boost the growth of the nation's burgeoning low-altitude economy.

One year ago, China started implementing a landmark trial policy, offering unilateral visa exemptions for more countries, among a variety of measures to welcome international visitors. Data from various entry-exit stations across China indicate a significant increase in international arrivals since the policy was adopted last year.

China's low-altitude sector has seen numerous start-ups intensify efforts to explore international markets, as AutoFlight, a China-based electric aerial vehicle start-up, announced on Saturday that its two-ton electric vertical take-off and landing (eVTOL) aircraft successfully completed its inaugural demonstration flight in Okayama Prefecture, Japan, on Friday.

Boosted by China's rapid development pace in artificial intelligence (AI) technologies, more companies have noted the huge business potential in AI companionship sectors, as simulated AI pets with adorable appearances gaining increasing popularity among Chinese consumers.

Vietnam on Saturday approved the construction of a high-speed railway connecting the capital Hanoi in the north to Ho Chi Minh City in the south at an estimated cost of $67 billion.

Various indicators in the first three quarters of this year show that China's economic performance has remained stable, with several new factors contributing to a positive trajectory. The economy is expected to maintain momentum in the fourth quarter.

New home prices rose faster in November, the transaction volume of new housing and second-hand housing purchases increased, and a number of other indicators improved, demonstrating the effectiveness of a string of policies aimed at boosting China's property market. More pro-growth policies continue to be implemented to further support the real estate industry, with the reduction in property deed tax, one of the latest incentive policies, taking effect on Sunday.

The Hengqin line of the Light Rapid Transit (LRT) - consisting of Lotus Station in Macao Special Administrative Region and Hengqin Station in Zhuhai, South China's Guangdong Province - will officially open on December 2, according to a press release from the Macao Light Rapid Transit Corp.

A number of Chinese new-energy vehicles (NEVs) companies continued to maintain steady growth in deliveries in November, according to their delivery reports released on Sunday.

China-Europe automotive sector cooperation has made new progress recently, with Chery's joint venture plant in Spain commencing production of its first model in November.

China's Ministry of State Security (MSS) issued a statement on its WeChat account on Sunday, urging caution over sharing sensitive information online without declassification or risk evaluation.

The second China International Supply Chain Expo wrapped up on Saturday, having witnessed the signature of over 210 trade deals and tentative agreements totaling more than 152 billion yuan (about 21.17 billion U.S. dollars), according to the event's organizer, the China Council for the Promotion of International Trade (CCPIT).

The purchasing managers' index (PMI) of China's manufacturing industry reached 50.3 in November, up from 50.1 in October, above the 50-mark separating growth from contraction, indicating a steady acceleration in manufacturing sector expansion, according to data from the National Bureau of Statistics (NBS) released on Saturday.

After China announced that it will waive visa requirements for Japanese citizens, starting November 30, the Japan Tourism Agency (JATA) told the Global Times in an email interview that the new visa policy will boost tourism between the two countries.

China will give all the least developed countries with which it has diplomatic relations zero-tariff treatment for 100 percent tariff lines starting from December 1, becoming the first large developing country and major economy to announce such a policy. This underscores the country's commitment to win-win cooperation and providing new opportunities for the world through its own development.

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 will continue to exempt certain US goods from additional tariffs until the end of February next year, the Customs Tariff Commission of the State Council said Friday.

Cotton produced in China's Xinjiang region is among the best in the world. We hope that relevant companies can eliminate political pressure and negative interference, and make independent business decisions that align with their own interests, Mao Ning, a spokesperson China's Foreign Ministry said on Friday in response to a question regarding a BBC's report in which the boss of the company behind global fashion chain Uniqlo said the company does not use Xinjiang cotton.

China's total social logistics volume is expected to reach 360 trillion yuan ($49.42 trillion), according to a report released by the China Federation of Logistics and Purchasing on Thursday, reported China Central Television. The growth performance of the logistics sector highlights the unleashing of consumer spending power.

Thursday marks the 100th day since the debut of the China-made blockbuster videogame Black Myth: Wukong, as industry observers said the game's sales revenue indicates vast market potential and an expectation for high-quality videogames.

On the occasion of SAIC Volkswagen's 40th anniversary, SAIC Motor and the Volkswagen Group signed an extended joint venture (JV) agreement in Shanghai, further strengthening their long-term partnership and prolonging the joint venture period of SAIC Volkswagen until 2040, the Global Times learned from the Volkswagen Group on Thursday.

Namibia and China are highly aligned in green transformation and there is a great potential for both sides to explore future cooperation in this field, Elia George Kaiyamo, the Namibian ambassador to China, told the Global Times in an exclusive interview.

China-South Korea industrial cooperation has long been an important part of the Asian industrial network, consistently drawing attention. According to Korean news agency Yonhap, officials from both countries gathered on Thursday in Yancheng, East China's Jiangsu Province, to discuss strategies aimed at ensuring the stability of their supply chains.

China released new guidelines on Thursday for reform and innovation in digital trade, aiming to create fresh momentum for the digital sector, boost its contribution to overall trade and expand opening-up to encourage foreign investment.

China's position against unilateral tariff measures has been consistent. The US should abide by WTO rules and work with China to promote the stable and sustainable development of China-US economic and trade relations in accordance with the principles of mutual respect, peaceful coexistence and win-win cooperation, He Yadong, a spokesperson from China's Ministry of Commerce, told a press conference on Thursday.

China's Vice Minister of Finance Liao Min recently met with several business and academic leaders from the US in Beijing. During the talks, the US representatives voiced their hope to strengthen dialogue and collaboration in trade and economic affairs, according to the Ministry of Finance (MOF) on Thursday.