Shanghai has announced expanded policy support for the integrated circuit industry to encourage the high quality development of the sector, according to a government document released on Wednesday.
China's domestic flight ticket prices have surged amid increasing demand for those planning to return to their hometown for Spring Festival, with booking volume expected to rise by over 70 percent over last month's levels.
Flights between China and the US are in risk of being suspended next month, as China's aviation regulator continued to cancel inbound flights to the country due to the imported cases of COVID-19.
Cellphone shipments in China rose 13.9 percent in 2021 to 351 million units, with rapid growth in shipments of 5G devices, the China Academy of Information and Communications Technology (CAICT) said on Tuesday, despite chip shortages and other disruptions in the industry in 2021.
China will open its monetary policy toolbox wider to maintain the stability of total credit, Liu Guoqiang, a deputy governor of the People's Bank of China (PBC), the country's central bank, said on Tuesday, vowing to roll out more pro-stability policies until the downward pressure on the economy is fundamentally eased.
Japan's new economic security legislation, which has the ill-intended purpose of strengthening reviews of Japanese investment in China, will inevitably affect bilateral cooperation in high-end manufacturing and high-tech fields, Chinese experts warned on Tuesday.
Diplomats from the Shanghai Cooperation Organization (SCO) member states and other nations have turned into livestreaming hosts on China's leading online platforms to promote their countries' specialties, as China kicked off a one-month online shopping festival ahead of the upcoming Chinese New Year.
China's central and local governments are expediting the rollout of major infrastructure projects as the country faces growing downward economic pressure, with the country's top economic planning agency announcing on Tuesday that it will moderately front-load infrastructure investment and steadily push forward the 102 mega projects earmarked for the 14th Five-Year Plan period (2021-25) to achieve concrete results.
The Greater Bay Area (GBA) launched its first cross-border e-commerce China-Europe freight train with special purchases for the 2022 Spring Festival on Tuesday, departing from Guangzhou, South China's Guangdong Province to Odessa in Ukraine, sharing the Chinese New Year with countries and regions along the route.
Xiao Yi, former vice chairman of East China's Jiangxi Provincial Committee of Chinese People's Political Consultative Conference (CPPCC), was prosecuted for taking bribes, abuse of power, and assisting enterprises in virtual currency mining activities in violation of national industrial policy, the Supreme People's Procuratorate (SPP) said on Tuesday.
China's top economic planner, the National Development and Reform Commission (NDRC), is confident of achieving a smooth start to this year's economy in the first quarter of 2022 while eyeing for a stable, healthy and sustainable growth, an official said on Tuesday.
As the 2022 Spring Festival travel rush kicked off on Monday in China, this year is the first time the Xizang Autonomous Region in Southwest China will have access to a Fuxing bullet train service during the travel peak.
China's top economic planner vowed on Tuesday to formulate new policies and measures in a bid to achieve the goal of common prosperity.
Provincial government of Central China's Hubei, where Wuhan is located, on Monday released foreign trade figures for the province in 2021, revealing 537.44 billion yuan ($84.74 billion) of import and export value, a year-on-year increase of 24.8 percent, a new historic high.
The municipal government of Shanghai will accelerate research into interactive platforms that connect the virtual and real world, according to measures released during a municipal government news conference on Tuesdayoutlining efforts to expand investment and stabilize economic development in 2022.
The trade volume between China and the five Central Asian countries increased by more than 100 times in the past 30 years since the establishment of diplomatic relations, with the stock of China's direct investment in the five countries exceeding $14 billion, an official from the Ministry of Commerce (MOFCOM) said on Monday.
Diplomats from Uzbekistan, Cambodia and Pakistan were invited to promote the specialties from their countries during a live sales event organized by China's Ministry of Commerce (MOFCOM) on Monday, as part of the 2022 Chinese New Year online shopping festival featuring commodities from the Shanghai Cooperation Organization (SCO) countries.
Tongji University has released the first autonomous robot for needle-free vaccinations in China, which is at the forefront of the global trend of needle-free injection technology, developers said.
By the end of 2021, China almost completed its corporate system reform, said a Chinese official from the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council on Monday.
Chinese Premier Li Keqiang and German Chancellor Olaf Scholz held a phone call on Monday, during which they vowed to further strengthen bilateral ties and cooperation. Li also expressed the hope that Germany treats Chinese companies with a more open mind and continues to play a positive role in the development of China-EU ties.
China on Monday posted an 8.1 percent GDP growth in 2021, defying market expectations and further cementing the world's second-largest economy's leading position in the global economy's recovery from the still raging COVID-19 pandemic, as major growth drivers, particularly exports, saw remarkable improvements in the face of mounting global challenges.
Downloads of China's digital yuan wallet app had reached over 20 million as of Monday, following its debut two weeks ago, data from mobile app stores including Huawei, Xiaomi, Oppo and Vivo showed.
China has been playing an indispensable role across the globe in battling the COVID-19 pandemic by providing medical supplies and vaccines to the international community, with the country supplying the most vaccines to the world, a senior official of the National Bureau of Statistics (NBS) said on Monday.
spokesperson for the Chinese Foreign Ministry on Monday criticized the UK's ban on Huawei as a move by some forces in the country to ingratiate themselves with “a certain country,” and suggested the UK side to offer an explanation.
Employees of a Chinese enterprise in Tonga are safe and have access to essential supplies, though communication with them has been interrupted, a staff member of the company told the Global Times on Monday, after the country was hit by a tsunami caused by the eruption of an underwater volcano.
As the Omicron variant spread to several Chinese cities ahead of the Chinese New Year, factories in many places across the country are making contingency plans, including ramping up production ahead of the holidays, encouraging non-local employees to stay put and adjusting their supply chains, to ensure that their production won't take a hit in the coming weeks.
China's three main telecommunications operators – China Mobile, China Unicom and China Telecom – will further promote the digital economy and establish new digital infrastructure in 2022, as they seek to accelerate the integration of new technologies like 5G with the real economy and take many industries digital, according to their annual work meetings.
Evergrande delivered 37,899 new homes to the buyers in December with plans to settle 30,000 more homes in January, the group said in an announcement on its official WeChat account on Monday.
China exported 7.9 billion pairs of shoes and boots in the first 11 months in 2021, which literally means that the country has exported a pair of shoes for everyone on the planet.
The first day of the 40-day Spring Festival travel season in 2022 kicked off on Monday amid sporadic outbreaks of COVID-19 across the country. Over 1.18 billion trips are expected to be made during the travel rush, a year-on-year increase of 35.6 percent over 2021, an official from the Ministry of Transportation said.
China's retail sales, a reflection of nation-wide consumption, rose 12.5 percent in 2021, turning the tables on a 3.9 percent dip in 2020 despite the coronavirus continuing to resurge in the country and bite the global economy, statistics from National Bureau of Statistics (NBS) released on Monday showed.
China lowered the medium-term lending facility (MLF) interest rate by 10 basis pointson Monday, the first time since April 2020 and about one month after it cut the reserve requirement ratio (RRR), a move which experts interpreted as aiming to direct domestic banks to lower market interest rates amid downward economic pressure.
One of China's largest home appliance manufacturers, Gree, located in Zhuhai, South China's Guangdong Province, announced a pause in production from Monday to Tuesday, according to media reports on Monday.
After China posted a stronger-than-expected GDP growth of 8.1 percent in 2021 on Monday, a Chinese official said that the country has the confidence and capabilities to ensure sustained, sound economic development going forward despite rising challenges, pointing to various emerging growth points within the economy, including growing fixed-asset investment.
China's GDP per capita reaches $12,551 in 2021, overtaking global average GDP per capita: official
China's population on the mainland reaches 1.41 billion at the end of 2021, with 10.62 million newborn babies: NBS
China's economic output in the fourth quarter of 2021 grew 4.0 percent from a year ago, official data from the National Bureau of Statistics (NBS) showed on Monday, marking the slowest pace in the full year of 2021 as the economy faced headwinds on multiple fronts, including domestic COVID-19 flare-ups.
China's GDP has expanded at 8.1 percent in 2021, growing the fastest in nearly a decade and landing well above the government's annual target of achieving a growth rate above 6 percent.
Manzhouli, in North China's Inner Mongolia Autonomous Region, has announced a ban on fruit imports from Sunday as a requirement for epidemic control and prevention.
China's GDP is expected to grow above 8 percent in 2021, analysts said ahead of the release of economic data on Monday.
China's iron ore imports may reach 90 million tons in January, which would represent a 5 percent month-on-month increase, driven by stronger infrastructure investment, and Australia is likely to account for 60 percent of those imports, becoming the biggest beneficiary, industry insiders said on Sunday.
China's top economic planner vowed a Sunday to boost holiday consumption during the upcoming Chinese New Year, as new COVID-19 flare-ups in several cities, including Omicron infections in Beijing and Tianjin, sparked concerns about holiday spending.
China's dual-circulation economic strategy should be expanded to stimulate market vitality and enhance innovation capacity, as the nation faces more global uncertainties due to sporadic COVID-19 outbreaks and shifts of monetary policies in major economies, a senior official from the People's Bank of China (PBC) said.
China's real estate market remained generally stable in 2021 despite tight regulations and debt issues at developers such as Evergrande, with months-long declines in housing prices in major cities slowing in the last month of the year, prompting market expectations for policy easing in 2022.
China's National Development and Reform Commission (NDRC) recently issued a notification addressing the upcoming lunar 2022 Spring Festival and Lantern Festival, aimed at stimulating consumption during the traditional Chinese holidays, according to the official WeChat account of NDRC on Sunday.China's National Development and Reform Commission (NDRC) recently issued a notification addressing the upcoming lunar 2022 Spring Festival and Lantern Festival, aimed at stimulating consumption during the traditional Chinese holidays, according to the official WeChat account of NDRC on Sunday.
Tsinghua University announced on Saturday that a more sensitive COVID-19 testing kit developed by the university has been approved for commercial use, and can detect 15 variants including Delta and Omicron, reducing the error rate in ascertaining positive cases.
Despite the latest Omicron variant outbreak in North China's Tianjin Municipality, Tianjin Port achieved a new global record for berth time efficiency among the three Mediterranean lines belonging to the major international shipping alliance - 2M Alliance, Tianjin Port Group told the Global Times on Sunday.
Chinese shipbuilders topped the three major indexes used by the global shipbuilding industry in 2021, achieving the highest number of completed orders, newly received orders and orders on hand, marking a strong start to the first year of 14th Five Year Plan period 2021-25, according to the China Association of the National Shipbuilding Industry (CANSI) on Sunday.
A new rare-earth bill was reportedly introduced in the US Senate on Friday, aiming to force defense contractors to end the use of rare earths sourced from China by 2026. It is another political move of the US against the backdrop of its attempt to contain China's growth, but it will not obstruct the development of China's rare-earth sector, Chinese experts said on Saturday.
The US government's plan to up the ante in at-home coronavirus test orders, as part of its efforts to fight the fast-spreading Omicron variant, has put the spotlight on Chinese test kit manufacturers, which are being relied on to fill the supply gap to meet US demand for COVID-19-critical medical supplies.
China's imports from Australia in December 2021 fell by 13.0 percent month-on-month, amid a downturn in bilateral relations.
Trade between China and the US soared by 28.7 percent year-on-year in US dollar terms in 2021, amounting to a staggering number of $755.6 billion, and US trade deficit with China further widened, Chinese customs data showed on Friday, maintaining strong growth momentum even with additional tariffs in place and bruising political tensions casting shadows on bilateral ties.
Chinese President Xi Jinping will attend the 2022 Davos World Economic Forum Virtual Session and deliver remarks from Beijing via video link on Monday. Observers said that as the world is once again at the crossroads in the post-COVID-19 era, China, with its contributions to global prevention of the COVID-19 and stable economic development, could offer Chinese approaches and wisdom in not only recovery but also resisting erosion of protectionism and unilateralism.
China's economic cooperation with Latin America is pragmatic, and Chinese coronavirus vaccine has played a key role in their strategies to combat the epidemic, Jimena Jaen Baltodano, charge d' affaires of the Costa Rican Embassy in China, told the Global Times, against the backdrop of China's growing mutually beneficial economic ties with the region.
China's trade topped $6 trillion for the first time in 2021, customs data showed on Friday, as the economy, a global forerunner in containing the COVID-19, continued a solid recovery over the past year.
An increase in China-India trade in 2021, which reached a record high, surpassing $125 billion, amid bilateral tensions, is just another piece of proof that New Delhi is unable to reduce its dependence on the Chinese market.
Walmart China has been fined 300,000 yuan ($47,218) for putting in place a default five-star ratings for products on the Sam's Club App. The Guangdong Administration for Market Regulation (GAMR) deemed that such false commercial publicity would deceive and mislead consumers.
China's exports and imports topped $6 trillion for the first time in 2021, customs data showed on Friday, as the economy, a global forerunner in containing the COVID-19, continued a solid recovery over the past year.
China's Ministry of Finance on Thursday announced that South Korea will adopt the favorable tariff rates of the Regional Comprehensive Economic Partnership (RCEP) trade pact starting from February 1, as the country has finished ratification of the deal.
Shanghai will beef up intellectual property protection and build the city into a leading international intellectual property center by 2035, according to an action plan released by the municipal government on Thursday.
The Ministry of Commerce (MOFCOM) said it is taking measures to guarantee market supply for coronavirus-hit regions to meet local consumption demand as the Chinese Spring Festival approaches.
The Ministry of Agriculture and Rural Affairs on Thursday issued a development outline for China's food-crop farming sector during the 14th Five-Year Plan period (2021-25), which sets multiple production goals for grain crops.
Actualized foreign investment flows into China scaled a new high in 2021, Shu Jueting, spokesperson for the Ministry of Commerce, told reporters on Thursday, vowing continued efforts to make the country a long-term hotspot for foreign investment.
The Federal Aviation Administration (FAA) said it will publish notices detailing the extent of the potential impact of new 5G wireless service on sensitive aircraft electronics.
NASA embarked on a months-long, painstaking process of bringing its newly launched James Webb Space Telescope into focus, a task due for completion in time for the revolutionary eye in the sky to begin peering into the cosmos by early summer.
Vehicle parts maker Aptiv said it would buy software developer Wind River for $4.3 billion in cash to bolster its offerings as the auto industry revs up spending on autonomous driving and electrification.
Cerberus' sale this week of part of its holdings in Deutsche Bank and Commerzbank is likely the first step to a full exit from the lenders by the US investor, said two people with knowledge of the matter.
The US' so-called Clean Network program has proven to be a synonym for coercive diplomacy, Chinese foreign ministry spokesperson Wang Wenbin said on Thursday, after a former UK government minister admitted that the UK banned Huawei's 5G equipment under the US' pressure.
China commits to genuine multilateralism and will continue to participate in the global governance of intellectual property under the framework of the World Intellectual Property Organization in 2022, Chinas foreign ministry said on Thursday.
China's Ministry of Commerce (MOFCOM) on Thursday again called on the US to improve the environment and conditions for expanding bilateral trade, while highlighting China's efforts to carry out the phase one trade agreement despite various challenges, just days ahead of the 2nd anniversary of the signing of the deal
Actualized foreign investment flows into China scaled a new high in 2021, Shu Jueting, spokesperson for the Ministry of Commerce (MOFCOM), told reporters on Thursday, vowing continued efforts to make the country a long-term hotspot for foreign investment.
The 2022 Beijing Winter Olympics has achieved 98 percent of its sustainable commitment as of September 30, 2021, with carbon emissions during the games set to be neutralized, a report released by the Beijing 2022 Winter Olympic Games said on Thursday, debunking Western media's stepped-up hype over the claimed environmental cost of the event and the alleged difficulty to verify commitment.
China will try to stabilize the irrigated farmland at no less than 1.75 billion mu (116.7 million hectare) by 2025, according to an agriculture development outline for the 14th Five Year Plan period (2021-25), which is published by China's Ministry of Agriculture and Rural Affairs on its website on Thursday.
Shanghai's market regulator issued a range of measures on Thursday to foster more entities and enterprises, and a regulatory guidance to oversee new business models such as “blind boxes.”
A supermarket in Wenzhou, East China's Zhejiang Province was attacked by bitcoin blackmail hack-ware, saying that the cashier system of the supermarket taken offline until the store owner paid a ransom in bitcoin, Chinese news outlet paper.cn reported on Wednesday.
In 2021, China had 24 cities with GDP exceeding 1 trillion yuan ($157.12 billion), with Dongguan in South China's Guangdong Province joining the list, and Beijing becoming the first city whose GDP exceeded 4 trillion yuan.
Chinese social media platform Sina Weibo banned on Wednesday economist Ren Zeping, who has become an online celebrity, from posting on the platform for violating "relevant laws and regulations."
Nicaragua became the latest nation to join the China-proposed Belt and Road Initiative (BRI), as China and the Central American country moved closer to strengthen bilateral relations and economic cooperation.
Foreign car companies showed a mixed performance in the Chinese market last year with some brands, like BMW and Porsche, recording a surge in sales, while some companies are facing the challenge of a widespread chip shortage.
China vowed to increase support for 6G innovations and promote 6G international standardization in a digital economy development plan for 2021-25 released on Wednesday, reiterating the country's ambition of maintaining its edge in the ultrafast 6G era, despite challenges and hurdles.
China's consumer prices rose by a moderate 0.9 percent year-on-year in 2021, official data showed on Wednesday. The reading provides a solid base for China's steady economic growth and serves as a stabilizer for the global economy facing downward pressure, experts said.
China has set a milestone in its technological commitments to Africa, with tech giant Huawei working with Zambia's mobile telecom operator MTN in a pilot program to roll out the African nation's first 5G network.
China is set to hold the annual Boao Forum in the coastal city of Boao, Hainan Province in coming spring, despite recent COVID-19 resurgence, but the exact date will depend on the pandemic situation.
Northwest China's Xinjiang Uygur Autonomous Region is ramping up airport construction, with a new high-altitude airport scheduled to open in the first half of this year.
China is about to enter the 40-day Spring Festival travel rush from next week. To meet demand, China's aviation regulator said on Wednesday that it has approved an additional 20,000 flights as of January 10.
The number of patents registered by overseas applicants in China surged by 23 percent in 2021, while the number of registered trademarks also rose, a government official from the China National Intellectual Property Administration (CNIPA) said, mirroring the improvement of China's intellectual property rights (IPR) system, as well as the expansion of overseas enterprises now operating in China.
Chinese mainland remained Taiwan Island's largest export destination and source of trade surplus for yet another year in 2021, Zhu Fenglian, spokesperson for the Taiwan Affairs Office of the State Council said on Wednesday.
The second Global Cities Investment Promotion Conference was held by the Global Times on Monday in Haikou, south China's Hainan Province, after the Regional Comprehensive Economic Partnership (RCEP) came into force in the new year.
China's inflation gauge consumer price index (CPI) rose 1.5 percent year-on-year in December, while the factory gate prices or PPI surged 10.3 percent, both edging down compared with November's figures, according to official data released by the National Bureau of Statistics (NBS) on Wednesday.
China's consumer price index, the main gauge of inflation, rose 1.5 percent in December year-on-year, data from the National Bureau of Statistics showed on Wednesday.
The State Council, China's cabinet, on Tuesday called for efforts to ensure domestic supplies of commodities, as part of guidelines to stabilize exports and imports as a countercyclical buffer against uncertainty clouding the trade landscape.
Chinese businesses witnessed partial disruptions from the month-long shutdown at the border port of Manzhouli, Inner Mongolia Autonomous Region, North China, which is a major trade hub between China and Russia, amid renewed pandemic prevention and control actions.
Seawin Biotech, a Chinese company involved in a $49.7 million fertilizer trade dispute with Sri Lanka, has made progress in exporting organic fertilizers to Sri Lanka, the Economic and Commercial Office of the Chinese Embassy in Sri Lanka told the Global Times on Tuesday.
As 2022 gets underway, China is investing more in infrastructure and building projects faster than it did in early 2021, as the country tries to ramp up GDP growth amid challenges such as the resurgent coronavirus and US government pressure.
The increase in overseas institutions' holdings of Chinese interbank bonds is a vote of confidence for China's economy from foreign investors, Foreign Ministry spokesperson Wang Wenbin said on Tuesday.
By 2023, Beijing will be built into a leading hub for 'Industrial Internet' with global influence, according to an action plan released by the city's economy and information regulator.
The Shenzhen Disease Prevention and Control Center in Guangdong Province has reminded all citizens to avoid buying goods from high-risk areas abroad unless necessary, and remaining vigilant when purchasing goods from areas in China with confirmed cases, as the city is scrambling to contain a recent COVID-19 flare-up.
Chinese netizens expressed their welcome after US chipmaker Intel removed a reference to Northwest China's Xinjiang Uygur Autonomous Region from an annual letter to suppliers on Tuesday, saying that the correction, though delayed, sets a good example for other US firms such as Walmart to follow suit.
Luxury global auto brands have witnessed rising demand in Chinese market, reflecting the market's strong consumption potential.
The Civil Aviation Administration of China (CAAC), China's aviation regulator, said on Monday that it will continue to focus on the C919 certification as one of the key tasks in 2022, a move to put the homemade aircraft in the sky as early as possible.