The US Senate passed a sweeping $1.9 trillion pandemic relief bill on Saturday, which will further swell its ballooning national debt.
Amid a steady recovery in the domestic economy and strong overseas demand, China posted a year-on-year gain of 60.6 percent in its exports during the first two months of 2021, the General Administration of Customs (GAC) said on Sunday.
The sales volume of China's automobile industry is expected to reach 1.452 million units in February this year, up 3.7 times on a year-on-year basis against the relatively low base of the same time last year affected by COVID-19, according to a prediction from the China Association of Automobile Manufacturers (CAAM).
The rent deal for an area of industrial land in Jinan, the provincial capital of East China's Shandong Province, was tied up for 70.25 million yuan ($10.81 million) on Friday, the first rural collective construction land deal in Jinan, according to Jinan Times on Sunday.
Bullet trains will start to run in China's Tibet Autonomous Region by July 1, and the China-Laos railway will open in December of this year, the country's railway operator said on Saturday, revealing some of the major milestones planned for the 14th Five-Year Plan (2021-25) period.
China's trade with the US rose by a staggering 81.3 percent in January and February in US dollar terms, data from the National Bureau of Statistics showed on Sunday.
China's foreign exchange reserves fell slightly to $3.20499 trillion at the end of February from the previous month, due to the rising dollar value and falling bond assets prices in major economies.
Amid a strong recovery in the domestic economy and strong demand from the overseas market, China posted a 50.1 percent year-on-year growth in its exports during the first two months of 2021, China's General Administration of Customs said on Sunday.
China lies in the third tier of a four-tier global manufacturing hierarchy and is at least 30 years away from achieving its goal of becoming a manufacturing strong power, a government official said on the sidelines of the two sessions Sunday.
Si Zefu, a member of the Chinese People's Political Consultative Conference National Committee (CPPCC) and Chairman of Harbin Electric Corporation (HE), said on Sunday that China's manufacturing industry remains "big but not strong" in some aspects, mainly reflected in its lack of soft power, manufacturing innovation and management efficiency.
NPC deputy Li Zhiqiang, who is a deputy director general of Shanxi provincial administration for market regulation, submitted recommendations on increasing efforts to regulate online van-hailing and courier services at the ongoing Two Sessions in Beijing.
China's imports and exports were soaring by 32.2% in first two months of 2021: customs
Panama has much potential to boost exports to China, its main trade partner, this year, as the country has signed several sanitary protocols with China.
The local economy of Macao Special Administrative Region (SAR) contracted by 56.3 percent in 2020 due to the COVID-19 pandemic, official data showed.
As the government work report delivered by Chinese Premier Li Keqiang during this year's two sessions on Friday mentioned "joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)," a Japanese economist told the Global Times that he is looking forward to China's participation in the regional trade pact.
China's first satellite dedicated to comprehensive monitoring of the atmospheric environment is expected to be completed in the second half of this year.
China's return to a decades-old tradition of setting numeric economic growth targets, after skipping it for the first time in 2020, its ability to balance various priorities to ensure robust economic development and national security as well as its ambitious and yet specific long-term development plans also projected steadiness and a sense of certainty to a world rattled by the pandemic, analysts noted.
China is planning to create 11 million jobs in 2021, a jump from the 9 million in 2020, which analysts said suggests that the country's job policy will steer toward the post-pandemic era as the COVID-19 situation in the world's second-largest economy is firmly contained.
Scaling up the technological ladder and focusing on self-reliance on key technologies topped the agenda in the 2021 Government Work Report, delivered on Friday by Chinese Premier Li Keqiang.
China's economic recovery has given support for this year's GDP target setting, Sun Guojun, a member of China's Government Work Report drafting group said on Friday, after China announced a growth target of over 6 percent for its economy for 2021.
China has reiterated the importance of grain safety in the 2021 Government Work Report, delivered on Friday by Chinese Premier Li Keqiang, and vows to put ensuring people have enough food as a top priority for the government. China will strive to make key technological breakthroughs in agriculture.
China lowered its budget deficit ratio to 3.2 percent for 2021 from an estimated 3.7 percent last year, after effectively controlling COVID-19 and the gradual recovery of the economy, according to the government work report released on Friday. No special COVID-19 bonds will be issued.
A survey shows that women in Chinese mainland have more savings than men and also play a dominant role in managing family assets. The study by Fidelity International, conducted in Germany, UK, Japan, Chinese mainland, Hong Kong and the island of Taiwan was released on Thursday.
Scaling up the technological ladder and focusing on self-reliance on key technologies topped the agenda in the 2021 Government Work Report, delivered on Friday by Chinese Premier Li Keqiang. Chinese analysts said the blueprints and work method detailed in the report could lead to a great leap forward in research and development spending.
China for the first time said in its government work report that it will step up efforts against business monopolies in a bid to ensure fair market competition.
China will align efforts to consolidate and expand the achievements in poverty alleviation with efforts to promote rural revitalization, including setting a five-year transition period for counties lifted out of poverty with major assistance policies, will remain unchanged, Chinese Premier Li Keqiang said when delivering the government work report on behalf of the State Council to China's top legislature for deliberation.
Deliberations on the 14th Five-Year Plan (2021-25) and long-range objectives through 2035 topped the agenda for the two sessions this year, and analysts emphasized the importance of the first five years jumpstarting China's journey to becoming a strong power in its path toward high-quality growth and modernization.
China pledges to strengthen regulation to prevent monopoly and guard fair competition in market: Govt Work Report
China is planning to create 11 million jobs in 2021, the 2021 Government Work Report said on Friday, which analysts said suggests that the country's job policy will steer toward the post-pandemic era as the COVID-19 situation in the world's second-largest economy is gradually brought under control.
China sets its consumer inflation target at 3 % for 2021
The China Banking and Insurance Regulatory Commission (CBIRC) has embraced its new leadership team, with its chief risk officer and spokesperson Xiao Yuanqi assuming the new role of vice chairman.
The Hong Kong Special Administrative Region (HKSAR)'s Financial Secretary Paul Chan Mo-po on Wednesday denied that the city's economic policy is controlled by the Chinese central government, after the US-based Heritage Foundation removed the HKSAR from its annual league table ranking the world's freest economies.
Australia's seasonally adjusted exports of tourism-related services dropped by 10 percent to A$2.25 billion ($1.75 billion) in January compared with December, Australian Bureau of Statistics data showed on Thursday, which experts said reflected a decline in Chinese visitors due to the pandemic and souring China-Australia relations.
Home appliance prices in China have risen, since the Spring Festival holiday ended, an unusual development driven by the soaring costs of raw materials such as steel and plastic, the global microchips supply disruption, and even US fiscal policy's impact on the value of the dollar.
Top Chinese legislators and political advisors are calling for the country to set up an EU-style "passporting" mechanism for financial services in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to allow seamless integration among Hong Kong and Macao special administrative regions and the Chinese mainland as part of China's push for financial opening-up.
China needs to explore a registration-based IPO framework that fits into the country's realities, said Xiao Gang, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and a former head of the country's securities regulator.
Private Caixin services PMI, which gauges China's services sector activity, came in at 51.5 in February, matching the market expectation, down from 52 in January. Although the index declines for a third consecutive month and stands slightly above the expansion-contraction line, the market expectation for the PMI in the following months is high.
Iron and steel industry experts suggest that importing more crude steel like billets from countries including India, Indonesia, Russia and Germany is a potential solution to the plight that domestic steel supplies are insufficient to meet the surging demands as China seeks to cut carbon dioxide emission to achieve the carbon neutrality goal by 2060.
A seed resource bank built by the Chinese Academy of Agricultural Sciences is expected to be put into use in 2021, as the country vowed to reinforce its agricultural seed breeding sector, said a member of the Chinese People's Political Consultative Conference (CPPCC) on Thursday in response to how to revive the nation's seed industry.
Representatives from major Chinese companies are calling for applying more new and high technology into farming and animal husbandry, while stepping up rural area administration amid the country's greater push for rural regions revitalization.
China Southern Airlines announced on Thursday that it is facilitating COVID-19 vaccine shipping, as global aviation sector is ready for a vaccine delivery race.
Chinese semiconductor manufacturer NATIONSTAR singed an agreement with Baotou Rare Earth R&D Center under Chinese Academy of Sciences to co-build a joint laboratory, to explore the key technique in semiconductor area, according to the report of stcn.com on Thursday.
Peter Wong Tung Shun, deputy chairman and chief executive of the Hongkong and Shanghai Banking Corporation (HSBC) proposed a cross-border credit system that connects Chinese mainland and the Guangdong-Hong Kong-Macao Greater Bay Area to facilitate mobility within that area.
Domestically made airship AS700 will take off in later half of 2021, said Aviation Industry Corporation of China (AVIC) Special Vehicle Research Institute on Wednesday. The airship can hold maximum of nine passengers to meet the requirement of low-altitude tourism market, according to media report.
In particular, Australia's service sector, which includes transport and travel, slipped slightly in January. Over the month, its total services credits from exports dropped by around 3 percent to $4.96 billion, while tourism-related services credits dropped by around 10 percent to $2.25 billion
Ali CMB Polarization Telescope (AliCPT) project will begin trial operations in southwest China's Tibet Autonomous Region in mid-2021 aiming to probe gravitational waves according to the facility's chief scientist.
Shanghai's Lingang Area, a newly launched section of the Shanghai free trade zone, said on Wednesday that it will build a chip hub targeting the Asia-Pacific region in next five years, aiming to create a chip center for trade circulation and service support.
Shanghai aims to attract more overseas talent and investment with the construction of the Hongqiao international opening-up hub, a newly announced major project that will stretch from the Hongqiao area, in the west of Shanghai, to its neighboring cities. The project will facilitate the integrated development of East China's Yangtze River Delta.
In February, ports in China followed the strong start to the new year, with a rise in cargo throughput.
The separatist Taiwan People's Party (TPP) on Wednesday put pressure on the island's authority to consider a tough response to the Chinese mainland's ban on importing pineapples from the island, in the latest sign of misleading political hype that risks undercutting the broad economic bond across the Straits.
The price of screw-thread steel hit 4,910 yuan ($759.5) per ton on Wednesday, the highest since October 2011, after several provinces announced plans to limit steel production to reduce carbon emissions.
Australia posted better-than-expected fourth-quarter GDP growth of 3.1 percent, in part due to its booming iron ore trade with China, Chinese analysts said.
China launched a nationwide inspection on the seed market as the spring plowing period comes, the nation's agricultural authority announced recently - a move that aims to ensure seed security.
On the eve of China's annual gathering of CPPCC members, executives at some major foreign firms that have been hinging growth on their China successes, consider the weeklong two sessions as making the case for optimism in face of uncertainty.
Entrepreneurs from China's internet giants, who are serving as deputies to the National People's Congress (NPC) or members of the Chinese People's Political Consultative Conference (CPPCC), put forward suggestions on promoting data sharing while ensuring the security of sensitive data and personal privacy, ahead of the annual two sessions.
China's State Administration for Market Regulation (SAMR) fined five community group-buying online platforms on Wednesday citing improper price competition practices, a move that shows the country's strengthening supervision of emerging online businesses and efforts to deter technology giants from becoming monopolistic in their businesses.
China's equity fund management authority said on Wednesday that companies in the fund management sector should not carry out or participate in entertainment-related activities.
As global technology contest, digital economy in particular, becomes more frenetic in recent years amid the fourth Industrial Revolution, Chinese tech firms are calling for joint efforts in making technology breakthroughs while accelerating globalization pace, ahead of the country's annual two sessions, a key event on China's political calendar.
China took the first spot in 2020 among international patent applications for the second consecutive year in a United Nations ranking released Tuesday, demonstrating how China's achievement in intellectual property innovations, China's foreign ministry spokesperson said on Wednesday.
China's NEV sales are forecast to reach 1.8 million in 2021: China Association of Automobile Manufacturers
Private Caixin services PMI, which gauges China's services sector activity, came in at 51.5 in February, matching the market expectation, down from 52 in January. Although the index declines for a third consecutive month and stands slightly above the expansion-contraction line, the market expectation for the PMI in the following months is high.
Australia posted better-than-expected fourth quarter GDP at 3.1 percent, in part due to its booming iron ore trade with China, Chinese analysts said.
China will continue to implement active fiscal policies and stable monetary policies to maintain necessary support to the economic recovery, Chinese Finance Minister Liu Kun said during a video conference of G20 finance ministers and central bank governors.
As thousands of China's top legislators and political advisors prepare to convene in Beijing later this week for the annual two sessions, they are tasked to review and discuss various policy priorities and sweeping development plans designed to further lift the country to new milestones in the next 15 years: a modern socialist power with world-leading national strength and global influence.
With the UK's actions against China including interfering with China's internal affairs and revoking Chinese media outlet CGTN's license in the country, the “golden era” of relations between China and the UK that the two had enjoyed for the past six years is almost gone, a British scholar told the Global Times.
China's telecommunications giant Huawei will issue a medium-term note on Wednesday of 4 billion yuan ($618.3 million) with three-year maturity, its second issuance this year, bringing its domestic bond total to 23 billion yuan since the first issuance in 2019.
Chinese Premier Li Keqiang called for efforts to ensure national food security and sufficient supplies of major agricultural products at a teleconference on spring farming in Beijing on Tuesday.
China's banking and insurance regulator on Tuesday vowed unrelenting efforts to monitor and resolve all kinds of financial risks as the 14th Five-Year Plan (2021-25) unfolds this year, making a special mention of woes over the bursting of Western financial assets.
China's digital currency, which is now being tested in cities such as Shenzhen, Beijing and Shanghai, is expected to be highlighted at the forthcoming annual two sessions after being written into multiple regional governments' annual work reports.
Baidu has completed registration of its electric vehicle venture which it set up with the help of Chinese automaker Geely, marking another important step in the Chinese search engine giant's march into the nascent and opportunity-rich new-energy vehicle (NEV) market.
China has outpaced the US to become the first country in the world with more than 1,000 billionares, according to the newly released 2021 Hurun Global Rich List.
A global microchip shortage is plaguing the entire cell phone manufacturing, as well as hitting personal computer making and car production.
Guo Shuqing, chairman of China Banking and Insurance Regulatory Commission (CBRIC), said at a news conference on Tuesday in Beijing that Internet payment companies must meet the lowest national requirement of capital adequacy ratio of eight percent as commercial banks, before they operate financial services.
NPC deputy Cai Weiping, who is chief expert of the Infectious Diseases Division of the No.8 People's Hospital in Guangzhou city, Guangdong Province, has called for stronger protection of citizens' personal information.
Financial markets and the real economies have been "seriously disconnected" in many Western developed countries since the outbreak of the COVID-19 pandemic, and China's regulators are worried that the situation will have to be adjusted, according to a press conference held by China Banking and Insurance Regulatory Commission on Tuesday.
The Biden administration's claim to use "all available tools" to take on so-called "China's unfair trade practices" reflects that the US government will not ease the crackdown on China extended from his predecessor Donald Trump and Biden may be even more assertive in containing China through setting up rules in favor of the US, experts said Tuesday.
Proposals and motions by deputies to the national legislature and members of the top political advisory body are fueling a surge in carbon-neutrality-themed shares in the Chinese stock markets on Tuesday morning, making the sector a bright spot as the Shanghai benchmark stock index dropped 0.99 percent
Chinese chip making giant Semiconductor Manufacturing International Corp(SMIC) has reportedly received licenses to import equipment from certain US companies for use in mature processes, an expected change as the US sanction in the Trump-era has disrupted global chip industry to an extent that had hurt the interests of many local companies, according to experts.
Tesla's Shanghai plant has reportedly acquired 460,000 square meters of land in Lingang New Area to expand its capacity, land regulation information on government website showed.
The Chinese minister of Ecology and Environment has urged the trading in national carbon market to start before the end of June, while requesting to consider the implementation of carbon emissions peak and carbon neutrality as key political tasks.
Over 200 of China's most promising tech companies listed on China's Science and Technology Innovation Board (STAR), often regarded as China's version of the NASDAQ, saw major growth in net profits in 2020, jumping nearly 60 percent for the year, even as the COVID-19 pandemic wreaked havoc on economies across the globe, according to official data released on Monday.
State Grid Corporation of China (SGCC) released a plan for achieving carbon emission peak and carbon neutrality goals on Monday. SGCC estimated that the portion of non-fossil energy used for electricity generation will be reduced to 20 percent and 25 percent of primary energy consumption in 2025 and 2030 respectively.
The short-term fluctuations in China's soybeans futures market do not indicate a supply shortage in soymeal, Chinese analysts noted, adding that the domestic soybean planting area will remain stable rather than being reduced as some foreign media indicated, and production will also be fully ensured.
China Eastern Airlines will be the first global customer for the domestically made regional jetliner C919, the airline said at a signing ceremony on Monday, a milestone showing the aircraft is on the road to commercial operation.
Suggestions for boosting domestic demand are expected to be a major focus of brainstorming during China's forthcoming annual two sessions.
As the world's factory stages a strong economic recovery in the post-COVID era, manufacturers throughout China are grappling with a worsening shortage of blue-collar workers after the Spring Festival holiday.
Most Australia-China education businesses reported a fall in business confidence and deteriorating attitudes toward Australian education in China during the past year amid fraught bilateral ties and the COVID-19 pandemic, and most Australian businesses reflected difficulty in diversifying their markets, an industry survey showed.
Major safety concerns raised by China's civil aviation regulator over US plane maker Boeing's 737 MAX have not been fully addressed, an official with the Civil Aviation Administration of China (CAAC) said on Monday, when asked about the timetable for the jet to return to service in the market.
North China's Inner Mongolia Autonomous Region will eliminate virtual currency mining by the end of April, according to local market regulator's latest draft policy.
Dong Mingzhu, a deputy to the National People's Congress (NPC) and chairwoman of Chinese home appliance giant Gree Electric Appliances, suggests that responsible government departments should publish China's own national standards and establish a green channel of national standards for domestic new technologies.
Australia's foreign direct investment (FDI) from China reached its lowest point in six years, as the total investment from China dropped to Aus$1 billion in 2020 from Aus$2.6 billion in 2019 – a more than 60 percent plunge year-on-year, media reported.
Chinese foreign ministry spokesperson urged the Australian government to seriously reflect on itself against the backdrop of a plunge of Chinese investment in Australia last year when China's outward foreign direct investment grew by 3.3 percent.
A global microchip shortage is plaguing the entire cell phone manufacturing, as well as hitting personal computer making and car production.
The implementation of the China-EU landmark geographical indications (GIs) agreement fully demonstrates the two sides' commitment to free and open trade and supporting multilateral trade system based on rules, Wang Wenbin, spokesperson from the Chinese Foreign Ministry, said at a press briefing on Monday.
China-EU landmark geographical indications (GIs) agreement took effect on Monday, protecting the first batch of 100 European GIs in China and 100 Chinese GIs in the EU against usurpation and imitation, which observers said reflect increased mutual trust between two major economies and will steadily boost bilateral trade.
China Eastern Airlines will be the first customer for the domestically made C919 aircraft, and the first unit will be delivered this year, the airline said on Monday.
China has rolled out more than 718,000 5G base stations, with 5G network covering all cities at the prefectural level or above, Minister of Industry and Information Technology Xiao Yaqing said on Monday, revealing the country also has plans for 6G development.
China's release of a draft rare-earth management rule in January aims at standardizing the industry in accordance with the long-term development and market demand, Ministry of Industry and Information Technology (MIIT) said during a press briefing Monday in response to speculations that China is likely to impose restrictions on rare earths exports to the US.
China will fully open its manufacturing sector and orderly relax entry restriction of foreign capital into telecommunications sector, in order to attract more advanced manufacturing projects, the Ministry of Industry and Information Technology (MIIT) said on Monday.
China's Ministry of Industry and Information Technology (MIIT) disclosed Monday that it is "mapping" 41 major industries and its sub-sections with a view to addressing weaknesses and increasing resilience.