Economy
China's Commerce Ministry on Tuesday slammed the Dutch government for ignoring China's reasonable demands, and not taking constructive action but instead escalating the global semiconductor supply chain crisis, saying that the Dutch side should bear full responsibility for chaos and disturbance in the supply chain related to the Nexperia issue.
By Zhang Yiyi | 2025/11/4 23:23:37
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  • Eighth CIIE set to kick off, with record exhibition areas, exhibitors

    Shanghai will welcome the 8th China International Import Expo (CIIE) from November 5 to 10, the first major economic and diplomatic event following the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China.

    By Tu Lei, Ma Jingjing, and Chen Zishuai in Shanghai | 2025/11/4 22:49:04
  • 138th Canton Fair wraps up with record 310,000 global buyers, $25.65 billion intended deal

    The 138th Canton Fair concluded on Tuesday, drawing more than 310,000 global buyers — setting a new attendance record. The on-site intended export transactions reached $25.65 billion, official statistics showed. This showcased the resilience and vitality of China's foreign trade, sending a clear message to the world about China's firm determination to advance high-level opening-up and create a fresh vision of win-win cooperation, said the organizer.

    By Global Times | 2025/11/4 22:04:07
  • China is 'one of the most vital innovation laboratories,' says New Zealand dairy giant executive

    As China maintains a high-standard, open business environment, the China International Import Expo (CIIE) has become a critical platform connecting China with the world, offering broad opportunities, Peter McBride, chairman of New Zealand dairy giant Fonterra, told the Global Times in an exclusive interview on Tuesday.

    By Chu Daye | 2025/11/4 21:06:41
  • 68-year-old Canton Fair gains new momentum

    Since 2012, China has witnessed an extraordinary economic transition, with historic achievements in all aspects of the economy from its size to its quality. How could the economy maintain stable growth during a tumultuous period in the global geoeconomic landscape? In October 2015, at the Fifth Plenary Session of the 18th Communist Party of China Central Committee, Chinese President Xi Jinping put forward a new development philosophy featuring innovative, coordinated, green, open, and shared growth, guiding the country in overcoming various risks and challenges, and keeping alive the China economic miracle.

    By Chi Jingyi in Guangzhou | 2025/11/4 21:05:31
  • Starbucks' new JV aims to operate 20,000 stores in China

    Starbucks Coffee Co announced on Tuesday that it has entered an agreement to form a joint venture (JV) with Boyu Capital, a leading alternative investment firm, to operate Starbucks retail outlets in China.

    By Li Xuanmin and Tu Lei | 2025/11/4 20:08:46
  • China's private space firm Galactic Energy completes reusable rocket test for forming satellite constellations

    China's private aerospace company Galactic Energy announced on Tuesday that it successfully completed a static-fire test of the first-stage propulsion system for its reusable liquid launch vehicle PALLAS-1 at Haiyang Oriental Aerospace Port in East China's Shandong Province.

    By Tao Mingyang | 2025/11/4 19:58:33
  • Chinese official calls on Poland to exercise caution in applying trade curbs, jointly safeguard multilateral trading system at bilateral economic meeting

    Chinese Vice Minister of Commerce and Deputy China International Trade Representative Ling Ji jointly hosted the 19th meeting of the China-Poland Joint Committee on Economic Cooperation in Beijing with Poland's Undersecretary of State at the Ministry of Economic Development and Technology Michal Baranowski in Beijing on Tuesday, according to the website of China's Ministry of Commerce (MOFCOM).

    By Global Times | 2025/11/4 18:42:10
  • China's marine equipment maker secures first export order for high-end torque sensors

    China State Shipbuilding Corp's (CSSC)704 Research Institute has won a contract to supply high-torque sensors for four large liquefied natural gas dual-fuel ro-ro passenger ships ordered by Mediterranean Shipping Co, the first use of China-developed high-precision marine instruments on high-end export vessels.

    By Global Times | 2025/11/4 16:16:58
  • China urges Netherlands to act responsibly, stop interfering in Nexperia's internal affairs: MOFCOM spokesperson

    In response to recent inquiries regarding the progress of consultations on the Nexperia issue, a spokesperson from the Ministry of Commerce (MOFCOM) said on Tuesday that Chinese side has already responded to reporters' questions about Nexperia issue. The spokesperson reiterated that the Dutch government's administrative order issued on September 30 constituted an improper interference in the company's internal affairs. This was followed by a wrongful court ruling that stripped Chinese enterprises of their lawful equity, seriously undermining their legitimate rights and interests.

    By Global Times | 2025/11/4 15:04:19
  • Swedish chamber bullish on Chinese market, as Sweden moves into CIIE spotlight, eyes deeper co-op in green sectors

    As Sweden steps into the spotlight as Country of Honor for the upcoming 8th China International Import Expo (CIIE), Ulf Pehrsson, chairperson of the Sweden-China Trade Council (SCTC), underscored the resilience of bilateral trade ties and Swedish firms' steadfast confidence in the Chinese market.

    By Ma Tong | 2025/11/4 14:18:17
  • Hong Kong ranks 1st in global IPO fundraising from Jan-Oct: chief executive

    In the first 10 months of the year, Hong Kong recorded 80 IPOs, raising more than $26 billion and putting the city first in IPO fundraising worldwide, John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR), said on Tuesday, according to a transcript on the HKSAR government's news website.

    By Global Times | 2025/11/4 13:37:00
  • China's logistics index stands at 50.7 in October, remaining in expansion territory: data

    China's logistics index remained in expansion territory in October 2025, as domestic consumption potential continues to be unleashed amid policy support, according to data released by the China Federation of Logistics and Purchasing (CFLP) on Tuesday, state broadcaster CCTV News reported.

    By Global Times | 2025/11/4 9:19:38
  • World's first flying car factory begins trial production in south China

    XPENG AEROHT, the flying car affiliate of Chinese electric vehicle maker XPENG, on Monday began trial production at the world's first intelligent factory for mass-produced flying cars -- a milestone in the commercialization of next-generation transport.

    By Xinhua | 2025/11/4 8:46:45
  • Reader's Reflections: Confidence in Chinese modernization success roots in leadership's strong governance capacity in conquering development hurdles

    In the 15th article of the "Readers' Reflections" column, Global Times (GT) reporter Ma Tong talked to Erik Solheim (Solheim), chairman of Europe-Asia Center, and former under secretary-general of the United Nations and the executive director of United Nations Environment Programme.

    By Ma Tong | 2025/11/4 0:10:05
  • China's tech innovation shapes new tourism style, promotes public engagement

    South China's Guangdong Province on Monday unveiled a new plan to promote tourism, which includes an eye-catching component - technological industry tours. The initiative aims to design high-quality travel routes that connect the region's leading universities, research institutes, technology parks, and major infrastructure projects, offering visitors hands-on experiences with frontier innovations such as artificial intelligence (AI), drones, and autonomous driving.

    By Global Times | 2025/11/3 23:21:28
  • China's resumption of Canada group tours triggers surge in flight searches

    Just after China announced on Monday its decision to resume group tours to Canada operated by travel agencies, Chinese travel platforms saw a surge of enthusiasm among travelers for related trips.

    By GT staff reporters | 2025/11/3 23:04:27
  • Chinese carriers launch new intl cargo routes, giving boost to regional trade

    Chinese airlines are ramping up efforts to expand cargo routes. China Eastern Airlines launched a cargo flight from Shanghai Pudong International Airport to Budapest at 2:30 am on Monday, which will transit through Riyadh, Saudi Arabia, delivering goods to both the Middle Eastern and European markets, chinanews.com.cn reported.

    By Zhang Weilan and Tu Lei | 2025/11/3 22:58:51
  • China, S. Korea renew $400b yuan currency swap pact; move to deepen trade ties, ensure financial stability

    The People's Bank of China (PBC), the central bank, announced on Monday that it recently renewed its bilateral local currency swap agreement with the Bank of Korea for another five years, a move that the PBC said is expected to promote bilateral trade cooperation and underpin financial stability.

    By Ma Tong | 2025/11/3 22:56:42
  • Pressure won't resolve issues: FM on latest US tariff threats

    A Chinese Foreign Ministry (FM) spokesperson stated on Monday that threats and pressure will not contribute to resolving issues concerning rare-earth export controls, urging the US side to earnestly implement the important consensus reached by the two heads of state, in order to inject greater stability into the world economy.

    By Ma Tong | 2025/11/3 22:06:14
  • Expectations running high as 8th CIIE enters final countdown

    As the 8th China International Import Expo (CIIE) enters final countdown, expectations for the expo have been running high. Representatives from multinationals, most of which have been participating for many times, told the Global Times that the expo has grown into a strategic platform to debut new products and services, while showcasing cutting-edge technologies.

    By GT staff reporters | 2025/11/3 22:01:22
  • China to extend visa-free policy for 45 countries including France

    China has decided to extend its unilateral visa-free policy for countries, including France, until December 31, 2026, as the nation continuously facilitates travel between China and foreign countries, according to the report published on the official WeChat account of the Department of Consular Affairs of China's Ministry of Foreign Affairs on Monday.

    By Global Times | 2025/11/3 20:24:31
  • China becomes a reliable partner for other developing countries under its shared development concept

    The Central Committee of the Communist Party of China (CPC)'s recommendations for the 15th Five-Year Plan period (2026-30) stressed that in the upcoming five years, the country will "fully and faithfully apply the new development philosophy on all fronts" and "seek to share opportunities and achieve common development with the rest of the world."

    By Amitendu Palit | 2025/11/3 20:01:26
  • China's green, innovation-driven path forges greater global cooperation, shared prosperity, and stability in uncertain times

    The guiding concepts integrated into China's development philosophy, featuring innovative, coordinated, green, open and shared development, clearly define the direction the country has followed since 2015 and, more decisively, since the concepts' inclusion in China's Constitution in 2018. The deepening of this strategy, emphasizing growth, technological advancement, and a balanced relationship between domestic and external markets, represents the natural evolution of the Chinese model.

    By Jose Luis Bernal | 2025/11/3 19:51:07
  • China to support private firms in formulating data-related standards in next 5 years: National Data Administration

    China's National Data Administration said on Monday that during the upcoming 15th Five-Year Plan period (2026-2030), it will prioritize supporting private enterprises with strong innovation power and mastery of core technologies to lead the development of relevant standards in the data field, China Media Group (CMG) reported.

    By Global Times | 2025/11/3 18:59:35
  • China's marine economy grows 5.6% in first three quarters: Ministry of Natural Resources

    China's marine economy posed steady growth in the first three quarters of 2025, driven by both traditional and emerging industries, state broadcaster CCTV News reported on Monday, citing data from the Ministry of Natural Resources.

    By Global Times | 2025/11/3 18:31:55
  • China, EU hold 'upgraded version' of the China-EU export control dialogue mechanism meeting in Brussels: MOFCOM

    China and EU trade officials held a dialogue on China-EU export control mechanism meeting in Brussels, the Ministry of Commerce (MOFCOM) stated on Monday

    By Global Times | 2025/11/3 17:25:06
  • Pressing task for China, US is to earnestly implement consensus reached at Busan meeting between two heads of state: FM on Bessent's reported new tariff threats

    Asked to comment on US Treasury Secretary Scott Bessent's claims on Sunday that the US is prepared to raise tariffs on China if China continues blocking rare earth exports, Chinese Foreign Ministry Spokesperson Mao Ning said on Monday that China's competent authorities have repeatedly made clear their position on the country's export control policy regarding rare earths.

    By Global Times | 2025/11/3 16:16:18
  • China resumes group tours to Canada to boost people-to-people ties: FM

    When asked about comment on China's reported agreement of resumption of group tours for Chinese citizens to Canada, Mao Ning, a spokesperson for the Foreign Ministry, stated on Monday that taking into comprehensive consideration the outbound travel demands of Chinese tourists, tourism environment and other factors, China has decided to resume travel agencies' operations for Chinese citizens' group tours to Canada.

    By Global Times | 2025/11/3 15:43:34
  • AIIB plans to set up a branch office in Hong Kong to address growing business needs

    The Asian Infrastructure Investment Bank (AIIB) on Monday announced its plan to set up an office in Hong Kong to address its growing business needs.

    By Global Times | 2025/11/3 15:39:08
  • HK chief executive to lead delegation to attend 8th CIIE in Shanghai: SAR government

    The Chief Executive of the Hong Kong Special Administrative Region John Lee Ka-chiu will lead a Hong Kong SAR government delegation to Shanghai on November 4 to attend the 8th China International Import Expo (CIIE), according to the SAR government website on Monday.

    By Global Times | 2025/11/3 15:24:25
  • Former senior officials from CSRC, NDRC expelled from CPC, public office: China's top anti-graft body

    Recently, Wang Jianjun, vice chairman of the China Securities Regulatory Commission, has been expelled from the Communist Party of China (CPC) and dismissed from public office, and Xu Xianping, former deputy head of the National Development and Reform Commission, China's top economic planner, has been expelled from the CPC, both for serious violations of Party disciplines and state laws, according to official statements by China's top anti-graft body on Monday.

    By Global Times | 2025/11/3 12:05:51
  • Shanghai Disney Resort to build 4th hotel, new shopping facilities

    Shanghai Disney Resort announced on Monday plans to build its fourth themed hotel, which will join the resort's current hotel portfolio, according to its official WeChat account. Chinese observers said that the US entertainment giant's move underscores the growing momentum of domestic consumption and reflects confidence in China's expanding “happiness economy.”

    By Tao Mingyang | 2025/11/3 10:50:22
  • China, South Korea ministers hold talks to strengthen supply chain, multilateral cooperation

    China's Minister of Commerce Wang Wentao met with South Korea's Minister of Trade, Industry and Energy Kim Jung-kwan, in Gyeongju, South Korea on Saturday. The two sides exchanged views on maintaining the stability of industrial and supply chains and strengthening regional and multilateral cooperation, according to the website of China's Ministry of Commerce (MOFCOM) on Sunday.

    By Yin Yeping | 2025/11/2 22:14:57
  • Chinese Commerce Minister calls for stronger multilateral, regional cooperation in meeting with Canadian trade minister

    Chinese Commerce Minister Wang Wentao met with Canadian Minister of International Trade Maninder Sidhu in Gyeongju, South Korea, on Thursday, where the two sides exchanged views on bilateral trade ties and issues of mutual concern, according to a release by China's Ministry of Commerce on Sunday.

    By Global Times | 2025/11/2 23:21:37
  • China's emerging 'robot dividend' offers new insights for manufacturing

    In the first three quarters of this year, China's high-tech manufacturing sector saw a striking surge in industrial robot production. According to a Sunday report by CCTV News, from January to September, China produced 595,000 industrial robots - surpassing the total output for all of last year. Beneath these numbers lies a broader transformation in Chinese manufacturing, driven by the accelerating adoption of automation and advanced machinery. As competition intensifies and production standards rise globally, factories in China are turning to robotics to enhance efficiency, improve precision, and strengthen their resilience in an increasingly demanding market.

    By Hu Weijia | 2025/11/2 23:07:44
  • A-share firms see rising earnings, revenues in Q3, fueled by tech

    The third-quarter financial reports of A-share companies have been largely disclosed, with overall earnings and revenues having improved, and strong demand in the tech sector has become a key driving force for firms' performance, according to industry reports.

    By Global Times | 2025/11/2 22:46:40
  • China's e-commerce platforms, logistics providers gear up for 'Double 11' shopping gala, showing upbeat momentum under policy support

    Chinese logistics providers, e-commerce platforms and consumers are gearing up for the "Double 11" shopping festival on November 11, the country's largest annual shopping event, amid nationwide efforts to boost consumption.

    By GT staff reporters | 2025/11/2 22:35:44
  • Hainan racks up $11m in day-one sales under new duty-free policy

    Duty-free sales in South China's Hainan Province reached nearly 80 million yuan ($11 million) on Saturday, the first day under its new offshore duty-free policy, marking a 6.1 percent increase from the previous day. The strong performance reflects the policy's immediate stimulus effect, China Central Television (CCTV) reported on Sunday.

    By Ma Tong | 2025/11/2 22:21:22
  • China, Japan ministers hold talks on economic, trade relations

    China urged Japan to promptly remove relevant Chinese entities from its export-control "end-user list," said China's Commerce Minister Wang Wentao when meeting with Japanese Minister of Economy, Trade and Industry Akazawa Ryosei in Gyeongju, South Korea on Thursday. The two sides exchanged views on China-Japan economic and trade relations, according to the official website of China's Ministry of Commerce (MOFCOM).

    By Global Times | 2025/11/2 21:43:25
  • China commerce minister calls to conclude FTA services trade negative list talks at meeting with New Zealand trade minister in Gyeongju

    China's Commerce Minister Wang Wentao called for deeper pragmatic cooperation across various fields and joint efforts to wrap up negative list negotiations for services trade under the free trade agreement (FTA) as soon as possible during his meeting with Minister for Trade and Investment of New Zealand Todd McClay on Friday.

    By Global Times | 2025/11/2 21:37:55
  • Chinese NEV makers report record October sales

    China's new-energy vehicle (NEV) makers released their October delivery figures, with several brands hitting record highs, showing strong market demand. Experts said that the NEV market is set for robust growth in the fourth quarter, driven by policy incentives, replacement programs and a surge in pre-subsidy purchases.

    By Zhang Yiyi | 2025/11/2 21:15:07
  • China's opening-up continues to serve as key engine of global economic growth

    As the 14th Five-Year Plan (2021-25) winds up, the adoption of the 15th Five-Year Plan (2026-30) has clarified China's strategic direction centered on high-quality development. Among the ideas of innovative, coordinated, green, open, and shared development, opening-up serves not only as an essential path to national prosperity, but also as a key lever for advancing global cooperation.

    By Shi Kang | 2025/11/2 20:34:01
  • Good coordination, synergy help promote high-quality growth in China

    "Coordination" is an important part of China's new development philosophy, and is adequately reflected in the recommendations of the Central Committee of the Communist Party of China (CPC) for Formulating the 15th Five-Year Plan for Economic and Social Development, adopted at the Fourth Plenary Session of the 20th Central Committee of the CPC.

    By Aravind Yelery | 2025/11/2 20:23:39
  • EU welcomes China's one-year rare earth export controls suspension; expert says message highlights EU reliance, concern

    The European Union has welcomed China's decision to suspend its recently expanded rare earth restrictions for one year, according to media reports. A Chinese expert noted that the EU's response underscores its dependence on Chinese rare earth products and its underlying unease, as the bloc continues to impose restrictive measures that affect bilateral trade and economic relations.

    By Chu Daye | 2025/11/2 16:08:44
  • World's largest φ530 mm cross-rolling steel pipe mill goes into production in China

    The world's largest φ530mm in diameter Assel skew-rolling pipe production line, designed and manufactured by Taiyuan Heavy Machinery Group Co has been successfully put into production, a major step toward self-sufficiency in high-end manufacturing equipment, the Science and Technology Daily reported on Saturday.

    By Global Times | 2025/11/2 15:14:32
  • 2025 China 'Digital Village' Innovation Contest showcases how digital technology aids Chinese farmers

    The 2025 China "Digital Village" Innovation Contest was held in Handan, North China's Hebei Province, from October 31 to November 1, showcasing how digital technology is used to boost agricultural productivity and rural incomes. From drone-assisted farming to rural e‑commerce, digital villages are revolutionizing farming production, reforming lifestyles, and reshaping how people grow food and participate in the economy, the Global Times has learned.

    By Zhang Weilan in Handan | 2025/11/2 15:01:05
  • China's Manned Space Agency unveils four major missions scheduled for 2026; one Shenzhou-22 taikonaut to stay in orbit for over a year

    China's Manned Space Agency (CMSA) announced on Saturday via its official WeChat account four spaceflight missions scheduled for 2026 and invited public submissions for the annual mission emblems. Among the missions, one taikonaut from the Shenzhou-22 crew will carry out a long-duration stay in orbit lasting more than one year.

    By Global Times | 2025/11/1 20:12:29
  • China's key role in APEC, Shenzhen's innovation hailed in Gyeongju

    Chinese President Xi Jinping said in Gyeongju, South Korea, on Saturday that the Chinese city of Shenzhen in South China's Guangdong Province will host the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in November 2026, while attending the APEC chairmanship handover session of the 32nd APEC Economic Leaders' Meeting, the Xinhua News Agency reported. People from various sectors in South Korea told the Global Times that as an important member of APEC, China has long injected momentum into regional economic integration. They said Shenzhen, a key window of China's reform and opening-up, impresses the world with its innovation and vitality, and they look forward to next year's APEC meeting in China.

    By Xing Xiaojing, Wang Cong and Zou Zhidong in Gyeongju | 2025/11/1 16:51:19
  • China's major goals for 15th Five-Year Plan on trajectory to be reached given positive momentum: European scholar

    China's major goals for the 15th Five-Year Plan (2026-30) are anticipated to be reached given the positive momentum in the country's economic and social development, Luciano Pietronero, Emeritus of the Enrico Fermi Research Center in Italy, newly appointed Distinguished Professor at the Complexity Centre of Behang University in Hangzhou and a member of the Academia Europaea, told the Global Times in an interview during the Annual Conference of Financial Street Forum 2025.

    By Ma Jingjing | 2025/11/1 16:07:21
  • China to grant export exemptions to eligible shipments after comprehensive review: MOFCOM on Nexperia-related issues

    China's Ministry of Commerce (MOFCOM) said on Saturday that it will grant export exemptions to eligible shipments after a comprehensive review of the circumstances of companies, in response to questions about Nexperia, the semiconductor company owned by Chinese tech company Wingtech.

    By Global Times | 2025/11/1 10:41:52
  • Vroom vroom!

    Children's toy cars attract overseas buyers at the third phase of the 138th China Import and Export Fair (Canton Fair), which opened in Guangzhou, South China's Guangdong Province on October 31, 2025. Focusing on the theme of "Better Life," the session covers sectors including fashion, home textiles and toys. Photo: VCG

    By VCG | 2025/10/31 23:19:28
  • Nvidia CEO hopes to sell its Blackwell chips to China: media

    Nvidia CEO Jensen Huang said on Friday that he hoped the company's Blackwell chips can be sold in China, although the decision needed to be made by the US administration, according to Reuters.

    By Global Times | 2025/10/31 22:26:54
  • China will remain a key driver of global growth during next 5 years

    The Recommendations of the Central Committee of the Communist Party of China (CPC) for Formulating the 15th Five-Year Plan for Economic and Social Development outlined multiple major objectives. We read these goals as a continuation of China's commitment to creating a stable and prosperous market amid rising complexity and uncertainty in the global economy. China will remain a key driver of global growth during the 15th Five-Year Plan period (2026-30).

    By Denis Depoux | 2025/10/31 22:00:08
  • China's next Five-Year Plan set to redefine its place within globalization

    The 20th Central Committee of the Communist Party of China (CPC) convened its fourth plenary session in Beijing from October 20 to 23. Participants deliberated and adopted the Recommendations of the CPC Central Committee for Formulating the 15th Five-Year Plan for National Economic and Social Development, according to a communique of the meeting released on October 23, Xinhua News Agency reported.

    By Louise Loo | 2025/10/31 21:55:27
  • China vows to expand green trade to help achieve dual carbon goals

    China's Ministry of Commerce (MOFCOM) has vowed to expand green trade in a bid to facilitate trade optimization and upgrading, contributing to the achievement of the country's "dual carbon" goals and better serving global climate governance.

    By Liu Yang | 2025/10/31 21:31:51
  • South Korean fried chicken stocks surge after Nvidia CEO's casual dinner with Samsung, Hyundai chiefs in Seoul

    Fried chicken-related stocks surged in South Korean market on Friday after photos, videos of Nvidia CEO Jensen Huang's casual dinner of Korean fried chicken and beer with Samsung Electronics chairman Lee Jae-yong and Hyundai Motor Group executive chair Chung Eui-sun on Thursday circulated widely on social media, according to several local media reports.

    By Global Times | 2025/10/31 20:19:00
  • Beijing's Financial Street Forum highlights ways to promote low-carbon technologies in the world

    Foreign government and business representatives praised the rapid progress of China's green transformation and they expressed expectations for deeper cooperation with Chinese enterprises in the green sector, as the world's second-largest economy has made strides to help cut global carbon footprint.

    By GT staff reporters | 2025/10/31 19:23:05
  • Li Auto to recall over 11,000 MEGA 2024 electric vehicles for insufficient coolant anti-corrosion performance

    Chinese new-energy vehicle (NEV) manufacturer Li Auto will recall 11,411 units of MEGA 2024 electric vehicles, for insufficient coolant anti-corrosion performance, which may lead to thermal runaway of the power battery in extreme cases, according to a statement released on the official website of State Administration for Market Regulation on Friday.

    By Global Times | 2025/10/31 19:02:17
  • Xi says investing in China means investing in the future

    Chinese President Xi Jinping said on Friday that walking with China means walking with opportunities, believing in China means believing in tomorrow, and investing in China means investing in the future.

    By Xinhua | 2025/10/31 17:31:00
  • Chinese FM comments on US treasury secretary's remarks that China, US could sign trade deal next week

    In response to a media inquiry regarding that US Treasury Secretary Scott Bessent claimed the US and China could sign a trade agreement as soon as next week, Chinese Foreign Ministry spokesperson Guo Jiakun said on Friday that leaders of China and the US discussed issues such as economic and trade relations and agreed to enhance cooperation in areas including economy and trade during the Busan meeting, and the competent Chinese authorities also briefed on the outcomes of the economic and trade consultations in Kuala Lumpur yesterday.

    By Global Times | 2025/10/31 16:57:49
  • FM responds to whether China's suspension of rare earths export controls apply to all countries

    In response to a question on whether China's newly announced one-year suspension of the rare earths export control measures, published on October 9, applies to all countries, or only to the US, Guo Jiakun, a spokesperson for the Foreign Ministry, said at a regular press conference on Friday that "For specific questions, I suggest you consult the relevant competent Chinese authorities."

    By Global Times | 2025/10/31 16:23:12
  • Advancing China-US mutual cooperation aligns with global business community's common interests: CCPIT on leaders' meeting

    When asked about the outlook of the business communities in China and the US for future bilateral economic and trade relations after the new round of trade talks in Kuala Lumpur and the meeting of the leaders of the two countries in Busan, a spokesperson for China's trade promotion agency said on Friday that advancing win-win cooperation between China and the US aligns with the common interests of both nations and the global business community.

    By Chi Jingyi | 2025/10/31 15:23:18
  • China newly adds 200b yuan to support local investment and construction

    China has allocated an additional 200 billion yuan ($28.13 billion) in special bond quotas specifically to support investment and construction in selected provinces, the National Development and Reform Commission (NDRC), the country's top economic regulator, said on Friday.

    By Global Times | 2025/10/31 12:50:42
  • Li Chenggang comments on relations between security and development over rare earths policy

    In response to a media inquiry regarding how the recent export control measures on rare earths introduced by the Ministry of Commerce could affect the foreign trade of China's green technology products, Li Chenggang, China international trade representative with the Ministry of Commerce and vice minister of commerce, said on Friday at a briefing that export controls focus on security issues, while green is a development concept.

    By Global Times | 2025/10/31 12:46:33
  • FAW-Volkswagen produces 30 millionth car, demonstrating advantage of China's large market

    China-Germany joint venture FAW-Volkswagen rolled off its 30 millionth car off assembly line in Changchun, Northeast China's Jilin Province on Thursday, marking the first passenger vehicle enterprise in China that achieved the milestone, domestic broadcaster CCTV News reported on Friday.

    By Global Times | 2025/10/31 9:40:07
  • Beijing financial forum promotes globally connected finance for win-win cooperation

    When Mohammad Alhawi, undersecretary of the Ministry of Investment of the United Arab Emirates (UAE), talked of the "natural and indispensable" partnership with China in financial cooperation at a high-level forum held in Beijing, his remarks resonated with the attentive audience.

    By Xinhua | 2025/10/31 8:08:59
  • 8th CIIE to help expand Russia-China business ties: Russian FM spokesperson

    The eighth China International Import Expo (CIIE) will offer new opportunities for Russian entrepreneurs to showcase their achievements, expand business ties with China, seek reliable partners and access the international market, Russian Foreign Ministry spokesperson Maria Zakharova said Thursday.

    By Xinhua | 2025/10/31 7:30:28
  • China to refine duty-free shop policy to further boost consumption

    China will improve its duty-free shop policy starting on November 1, 2025 to further boost consumption, the Ministry of Finance (MOF) said on Thursday. The plan includes expanding product selections for travelers and easing approval requirements for duty-free store operations.

    By Chen Qingrui | 2025/10/30 23:49:21
  • Multiple global firms' quarterly reports underscore China's growing market appeal

    A number of multinational corporations have released their latest quarterly results, with the performance of the Chinese market being a highlight.

    By Chu Daye | 2025/10/30 23:36:03
  • Financial Street Forum concludes in Beijing, spotlighting financial cooperation, high-quality development

    The Annual Conference of the Financial Street Forum (FSF) concluded in Beijing on Thursday, attracting guests from more than 30 countries and regions and reaching more than 100 outcomes, providing fresh momentum for China's high-quality development while offering a platform for international communications in the financial area, according to officials and guests at the forum.

    By Ma Jingjing and Yin Yeping | 2025/10/30 22:55:19
  • Hong Kong vows to remain 'super-connector' and 'super value-adder' for mainland firms going global: SAR official

    As an international financial center and risk management center, Hong Kong Special Administrative Region (HKSAR) is best positioned to continue the dual role of "super-connector" and "super value-adder" for Chinese mainland enterprises looking to expand globally, Stephen Yiu Kin-wah, chairman of the Insurance Authority (IA) of the HKSAR, told the Global Times in a written interview on Thursday.

    By Yin Yeping | 2025/10/30 22:33:30
  • In age of smart tech, China's silver economy opens new global horizons

    An expo on the senior care industry, currently taking place in Beijing, offers a vivid glimpse into China's expanding silver economy.

    By Hu Weijia | 2025/10/30 21:44:31
  • New momentum for BRI cooperation as China's 15th Five-Year Plan fosters deeper integration in Global South

    Over its 14th Five-Year Plan (2021-25), China has delivered remarkable achievements in multiple domains, including public health, clean energy, electric and hybrid vehicles, information and communication technologies, particularly artificial intelligence, and space exploration. This success is also evident in the China-proposed Belt and Road Initiative (BRI), launched in 2013, which has brought economic development and infrastructure building back strongly to the international agenda.

    By Marcos Cordeiro Pires | 2025/10/30 21:03:15
  • China-proposed BRI to boost connectivity, self-reliance within the Global South

    China's 15th Five-Year Plan (2026-30) has emphasized a commitment to pursuing high-quality Belt and Road Initiative (BRI) cooperation. According to the newly published plan, China should strengthen strategic alignment with Belt and Road partner countries and better coordinate and manage cooperation programs. China should also enhance connectivity in terms of both infrastructure and rules and standards and foster closer bonds with the people in these countries.

    By Maya Majueran | 2025/10/30 20:57:24
  • China issues new rules on rare metal export management for 2026-27

    Chinese Ministry of Commerce (MOFCOM) has issued new rules governing the state-traded exports of tungsten, antimony and silver exports for 2026-27with the aim to step up the protection of resources and the environment, according to a statement published on the MOFCOM's website on Thursday.

    By Global Times | 2025/10/30 20:40:13
  • China remains a key market for Canadian firms; bilateral trade devt underscores strong complementarity: business group representative

    China remains Canada's second-largest trading partner and continues to be a key market for Canadian companies, David Perez-Des Rosiers, chief representative of the Canada China Business Council (CCBC) Beijing, said in an interview with the Global Times, indicating the continuous commitment of Canadian businesses to Chinese market.

    By GT staff reporters | 2025/10/30 19:39:41
  • Financial Street Forum expands to Spain with first sub-venue

    A sub-venue of the Annual Conference of Financial Street Forum (FSF) 2025 was held in the Spanish capital Madrid, on Tuesday local time under the theme of “Forging New China-Europe Ties: Synergies for Solutions.” This is the first time that the FSF set up a sub venue in Spain, the Xinhua News Agency reported.

    By Global Times | 2025/10/30 19:03:24
  • China's AI development shows impressive results, bright prospects, driven by strong policy support: expert

    "Chinese society as a whole embraces artificial intelligence (AI) in an unprecedented way, which I haven't seen in other countries, and I feel really excited about this development," Jun S. Liu, a member of the US National Academy of Sciences, told the Global Times in an interview in Beijing on Thursday.

    By Yin Yeping | 2025/10/30 18:57:39
  • Outcomes of China-US economic, trade talks hard-won; China looks forward to working with US on implementation: MOFCOM

    In response to media inquiries on China-US soybean trade and China's rare-earth export controls, Ministry of Commerce spokesperson He Yongqian said on Thursday that earlier in the day, the ministry had released a statement on its website outlining the major outcomes and consensus of the China-US economic and trade consultations in Kuala Lumpur.

    By Global Times | 2025/10/30 18:24:32
  • G7 urged to abide by market principles, stop undermining global trade order via 'small circle' rules, FM on bloc's reported critical minerals alliance

    Asked to comment on reports that the Group of Seven (G7) is set to announce a critical minerals production alliance in a bid to counter China's dominance in the sector, Chinese Foreign Ministry spokesperson Guo Jiakun said on Thursday that China's efforts to regulate and improve its export control system are in line with international practices, aimed at better safeguarding world peace and regional stability, and fulfilling international obligations such as non-proliferation.

    By Global Times | 2025/10/30 16:17:19
  • Indonesia-China cooperation shows strong complementarity in emerging industrial sectors: envoy

    Indonesia has maintained very close cooperation with China across a wide range of areas, from traditional sectors such as infrastructure to emerging fields like big data management, green transformation, and finance, where the two countries share strong complementarities and vast potential for deeper collaboration, an Indonesian envoy told the Global Times at the ongoing Annual Conference of the Financial Street Forum 2025.

    By Yin Yeping | 2025/10/30 16:14:11
  • G7's 'critical minerals alliance' driven by 'tech anxiety,' 'political bloc-building' faces long road; move seeking confrontation risks supply disruptions, higher costs: expert

    The Group of Seven (G7) nations are reportedly set to announce a so-called "critical minerals production alliance," which they claim aims to secure supply chains and counter China's dominance. Chinese experts say the initiative, driven by "technological anxiety," is likely to be a long and difficult endeavor that will ultimately harm the member countries' own industries while offering little appeal to other nations.

    By Ma Tong | 2025/10/30 15:27:23
  • China's capital market set to accelerate institutional opening-up in coming five years: economist

    The institutional opening-up of China's capital market will gain pace during the 15th Five-Year Plan period (2026-30), with progress expected in two-way capital flows, market inclusiveness, close international rule alignment and improved global resource allocation capacity, Tian Xuan, president of the National Institute of Financial Research at Tsinghua University, told the Global Times in an interview on Thursday.

    By Ma Jingjing | 2025/10/30 15:11:34
  • US to cancel 10% so-called 'fentanyl tariffs,' suspend 24% reciprocal tariffs against China for a year: MOFCOM

    China's Ministry of Commerce (MOFCOM) on Thursday unveiled the outcomes achieved by Chinese and US delegations during their recent economic and trade talks in Kuala Lumpur. A spokesperson of the ministry noted that the China-US economic and trade talks in Kuala Lumpur have yielded positive results, demonstrating that by upholding the spirit of equality, respect and mutual benefit, and through dialogue and cooperation, the two sides can find solutions to problems.

    By Liu Yang | 2025/10/30 15:10:43
  • At APEC, China contributes strength to building a sustainable future in Asia Pacific

    The 2025 APEC Economic Leaders' Meeting will kick off on Friday, with all sides expecting the regional cooperation mechanism to inject fresh impetus into global trade and technological collaboration. As a key engine of growth in the Asia-Pacific, China has demonstrated a firm commitment to expanding high-level opening-up and deepening regional cooperation, in order to promote innovation-driven development and contribute China's strength to building a sustainable future.

    By Shi Kang | 2025/10/30 10:32:43
  • Chinese state firms maintain stable revenue in first 9 months

    China's state-owned and state-controlled enterprises displayed generally stable performance in the first nine months of 2025, official data showed on Wednesday.

    By Xinhua | 2025/10/30 7:36:44
  • Multi-layered, broad China-South Korea co-op a strategic choice for future: KIC China head

    “Establishing multi-layered, broad cooperation between China and South Korea is not only a pragmatic move for today but also a strategic choice for the future,” Kim Jong-moon, chief representative of the Korea Innovation Center (KIC China), said in an exclusive interview with the Global Times on Wednesday on the sidelines of the Annual Conference of Financial Street Forum 2025.

    By Ma Jingjing | 2025/10/30 0:24:16
  • State-asset watchdog unveils 51-billion-yuan fund to promote strategic, emerging industries

    ​Initiated by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) of the State Council, a fund with an initial value of 51 billion yuan ($7.18 billion) has been launched in Beijing to assist centrally administered state-owned enterprises (SOEs) to develop strategic emerging industries and is now ready for investment, state broadcaster CCTV reported.

    By Global Times | 2025/10/29 23:49:51
  • Fishing shows how China's young consumers are driving emotional economy

    While some foreign media outlets claim that China's domestic consumption is sluggish, a closer look tells a different story. From the rise of experience-driven hobbies like fishing to broader lifestyle spending, China's young middle class is reshaping markets with emotion-driven, experience-focused consumption.

    By Hu Weijia | 2025/10/29 23:40:08
  • Financial cooperation deepened for high-quality Belt and Road projects

    The Export-Import Bank of China (China Eximbank) on Wednesday signed multiple cooperation agreements with international financial institutions as well as domestic and foreign enterprises at a parallel forum during the Annual Conference of Financial Street Forum 2025, as financial cooperation is increasingly being deepened among partner countries and international organizations for high-quality Belt and Road cooperation.

    By Ma Jingjing | 2025/10/29 22:24:09
  • GraphicAnalysis: A glimpse of China's tech progress through industrial robot industry

    Industrial robots on production lines are a vivid example of China's technological innovation. The newly published the Explanation of the Recommendations of the Central Committee of the Communist Party of China for Formulating the 15th Five-Year Plan (2026-30) for National Economic and Social Development targets a modern industrial system and high-level tech self-reliance, guiding manufacturing upgrades. From record-high localization of core components to deep penetration in new energy and pharmaceuticals, and from "machine substitution" to human-robot collaboration, industrial robots boost efficiency while creating new roles in smart maintenance. Currently, China's industrial robotics sector is entering a historic shift from a follower to a leader - a gateway to tech self-sufficiency and high-quality economic growth under the new development philosophy.

    By Global Times | 2025/10/29 22:22:01
  • Exclusive interview with executive director of APEC Secretariat: Looking forward to 'well-organized' leaders' meeting in China in 2026

    China has a lot of experience in hosting international meetings, and it is expected to convene a well organized Asia Pacific Economic Forum (APEC) Economic Leaders' Meeting in 2026 and make steady progress toward the APEC's the Putrajaya Vision 2040, Eduardo Pedrosa, executive director of the APEC Secretariat, told the Global Times on Tuesday.

    By Wang Cong and Xing Xiaojing in Gyeongju | 2025/10/29 22:13:43
  • China-ASEAN FTA 3.0 Protocol opens new opportunities for Chinese digital tech firms: businesses

    The recent signing of the upgraded China-ASEAN Free Trade Area (CAFTA) 3.0 Protocol has opened up new horizons for digital technology companies seeking to expand in ASEAN. With a focus on digital economy and technology cooperation, the CAFTA 3.0 is set to significantly enhance trade and investment opportunities between the two sides, businesses told Global Times on Wednesday.

    By Global Times | 2025/10/29 19:13:05
  • APEC summit seen as 'pivotal turning point' to elevate China-S. Korea trade ties, business co-op to resist unilateralism: S.Korean expert

    As the APEC summit returns to South Korea after two decades, the meeting is widely viewed as a crucial platform to reinvigorate regional cooperation and restore confidence in globalization and multilateralism. In an exclusive interview with the Global Times (GT) reporter Ma Tong, Park Seung Chan (Park), chairman of The Federation of Korea-China and Professor at Yongin University, shared his views on how South Korea and China can strengthen coordination within APEC, expand cooperation in sectors such as AI, green energy, and aging-related industries, and jointly uphold openness and inclusiveness.

    By Global Times | 2025/10/29 17:39:02
  • Openness, cooperation and integrated development key to 'Asia-Pacific miracle': Chinese FM on regional cooperation

    Openness, cooperation and integrated development are the key to the "Asia-Pacific miracle," and the only way for countries in the region to jointly meet challenges and create a better future, a Chinese Foreign Ministry spokesperson said on Wednesday.

    By Global Times | 2025/10/29 16:40:33
  • FM responds to Nvidia CEO's remarks that US AI chips need to be exported to China

    Responding to a question asking whether China welcomes such exports as Nvidia CEO Jensen Huang said that the US needs to export AI chips to China, Guo Jiakun, spokesperson of China's Foreign Ministry, told a press conference on Wednesday that for specific questions, it is recommended to inquire with the relevant Chinese authorities.

    By Liu Yang | 2025/10/29 16:19:41
  • BSE's qualified investors up 40% since 2024 amid China's push for building up new quality productive forces

    Beijing Stock Exchange (BSE) has seen a 40 percent increase in the number of qualified investors since the beginning of 2024, demonstrating the market's growing vitality and appeal, said an official with BSE at the Annual Conference of Financial Street Forum (FSF) 2025 on Wednesday.

    By Yin Yeping | 2025/10/29 14:22:59
  • US ban on Chinese telecom devices does not stand a ground, deemed 'costly' move to hurt American consumers: analyst

    The US has reportedly tightened rules on telecoms gear made by Chinese companies “deemed a national security risk,” citing the so-called “Covered List,” a move which an analyst said would only “shoot themselves in the foot” as the move will drastically drive up American telecom cost and delay its relevant industries' development.

    By Li Xuanmin | 2025/10/29 13:58:48
  • New research report says China nearing US in global science leadership

    A study published on Tuesday shows that China is catching up with the US as a global science leader, with Chinese scientists heading nearly half of all collaborations with their American counterparts by 2023.

    By Ma Tong | 2025/10/29 13:29:26
  • China's innovation index rises 5.3% in 2024 from one year earlier: NBS

    China's innovation index went up by 5.3 percent in 2024 compared to the previous year, a survey released by the National Bureau of Statistics said on Wednesday, highlighting that country's scientific and technological innovation capacity continuing to improve.

    By Global Times | 2025/10/29 13:10:06
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