The recovery of China's cruise market accelerated on Friday with the return of another large foreign cruise ship to Shanghai's Wusongkou International Cruise Port.

Smart technologies in the auto industry chain are featuring at the ongoing Beijing International Automotive Exhibition, ranging from artificial intelligence (AI) to autonomous driving.

Senior representatives of Japanese companies and industry groups have expressed their optimism about the future outlook for the Chinese market, as well as the potential for new opportunities.

Track laying work for a 108-kilometer-long section of the Hungary-Serbia Railway between Novi Sad and Subotica was completed on Thursday, China Railway said in a press release sent to the Global Times.

Recently, the US and some Western countries, politicians, and media outlets have frequently hyped the narrative of China's so-called "overcapacity," particularly targeting China's emerging new energy sectors, including electric vehicles (EVs) and photovoltaic (PV), for alleged excess production. However, while these countries actively propagate this narrative, they simultaneously intensify efforts to smear and suppress Chinese technological advancements. The US and Western countries continue to subsidize their domestic new energy industries while criticizing China for its subsidies. The narrative echoes the outdated rhetoric that misrepresents China's Belt and Road initiative as a scheme to offload surplus capacity, highlighting a persistent desire in the West to maintain hegemonic ideologies and moral superiority.

After a four-year absence of its offline show, China's largest auto show, or 2024 Beijing International Automotive Exhibition, which kicked off in Beijing on Thursday, has regained global attention. Global players such as Volkswagen and Mercedes-Benz are signaling their entry into NEVs on a large scale, highlighting their confidence in the Chinese market.

As an important engine for developing new quality productive forces, artificial intelligence (AI) is one of China's strategic emerging industries, making rapid progress in both development and application, constantly achieving breakthroughs. This is largely due to China's unique comprehensive advantages in AI development.

While many have been focusing on Washington's suppression of the Chinese technology sector, that's just the tip of the iceberg, and less attention has been paid to the spillover effect on US exports and jobs. A report released by the US-China Business Council (USCBC) on Tuesday exposed the submerged and hidden part of the iceberg.

China firmly opposes the groundless "overcapacity" hype by some Western countries and urges relevant countries to objectively and comprehensively look at global demand for new energy and China's new-energy development, China's Ministry of Commerce (MOFCOM) said on Thursday.

As Japan announced plans on Wednesday to launch an anti-dumping investigation into graphite electrodes imported from China, Chinese experts and industry insiders said on Thursday that the move may be a case of the Asian country following US' footsteps in containing China, which will not only hinder Japan's industrial development in the long term but also affect regional cooperation.

Azerbaijan is fully ready to develop economic and trade relations with China without setting any ceiling or limit in terms of scope, Ambassador of Azerbaijan to China Bunyad Huseynov said in an exclusive interview with the Global Times, giving examples of the potential for deeper cooperation in the new-energy industry, where the two countries are highly complementary.

An official from China's Supreme People's Procuratorate (SPP) vowed on Thursday to strengthen the protection of intellectual property and researchers in future-oriented industries, aiming to create a favorable environment to spur innovation.

Cutting-edge technological achievements from artificial intelligence (AI) to life sciences and new materials were unveiled as the 2024 Zhongguancun Forum (ZGC Forum) kicked off on Thursday in Beijing, showcasing China's rapidly progressing technology development and its continuous efforts to promote technology cooperation.

China on Thursday kicked off in Beijing a major forum focusing on scientific and technological (sci-tech) cooperation, with participants from more than 100 countries and regions. This is believed to be another example of the country's commitment to pursuing sci-tech self-reliance, while also promoting global cooperation amid disruptions caused by some Western countries.

As of Wednesday, 1,369 listed Chinese companies had disclosed their first-quarter results, with 1,144 reporting profits and 35 reporting net profits exceeding 1 billion yuan ($138 million). Technology-related companies demonstrated impressive financial results as China's economy steadily recovers and undergoes a deep transformation toward high-quality development.

Real estate is a pillar industry of the Chinese economy. It directly drives the development of adjacent industries such as construction, building materials and furniture, and indirectly stimulates the growth of industries like finance, manufacturing, logistics, and other services. The stable and balanced development of the real estate industry is of great significance for the steady development of the Chinese economy.

Chinese Foreign Minister Wang Yi recently concluded his successful visit to three Asia-Pacific countries, displaying China's willingness to strengthen cooperation with the region. As good friends and economic partners based on mutual respect, equality, and mutual benefit, China's relations with regional countries are evolving and constantly reaching new heights.

Foreign companies are eyeing growing opportunities across China's consumer market driven by the huge market size of the world's second largest economy, reaffirming the vital role of China as part of their global operations.

The China Chamber of Commerce to the EU (CCCEU) has expressed deep disappointment about an inquiry by the European Commission (EC) into China's public procurement of medical devices, and called on the European side to prioritize dialogue and be prudent in the use of unilateral tools.

China's commerce ministry expressed strong opposition on Wednesday to the EU's raid on a Chinese firm, which is part of the bloc's fifth subsidy investigation targeting Chinese businesses since February.

China's steadfast progress toward high-quality development impressed a delegation of diplomats, who toured the Wenchang Aerospace Supercomputing Center and Wenchang International Aerospace City in South China's Hainan Province on Tuesday. They expressed profound interest in and optimism on the country's advances in scientific innovation and its promising huge market.

Hong Kong stock market rebounds as sentiment improves, with benchmark Hang Seng Index closing at 17,201.27 points on Wednesday, up 2.2 percent. The revival of the Chinese mainland internet sector sends an encouraging signal to Hong Kong's stock market, where many of China's biggest internet companies are traded.

The US is reportedly working to review the potential risks of RISC-V chip technology being used by major Chinese technology companies, which is seen as a new front of the expanding technology war initiated by the US that aims to curb China's development in the sector.

Foreign capital and international financial institutions are expanding their investment in the Chinese market following the release of better-than-expected first-quarter economic data and high-level opening-up in the financial sector. Industry analysts said that the long-term investment value of yuan-denominated assets will be more outstanding, as the continuous economic rebound and stepped-up policies will provide a stable environment for overseas investment.

Editor's Note: As China's actual use of foreign investment fell year-on-year in 2023, short sellers took the opportunity to speculate on the “massive withdrawal of foreign capital from China,” alleging that the country is “uninvestable,” ignoring China's previous year's record high base and the reality of a global downturn in cross-border investment. Is foreign capital really flowing out of China? Obviously not. Chinese market “uninvestable” narrative and other smears targeting the Chinese economy ignore the strong resilience of the country's economic fundamentals, and the selective blindness of the Western media is just another attempt to discredit China's development achievements and momentum.

Starting from Sunday, Air China, one of China's largest airline companies and the national flag carrier, will launch two new routes and resume two routes, taking the network back to six continents.

Chinese economy is rebounding and the long-term trajectory of positive growth is unlikely to change, Foreign Ministry spokesperson Wang Wenbin told a press conference on Wednesday.

China firmly opposes so-called “overcapacity” hype accused by some Western countries with the speculation wholly unjustified, Chinese Foreign Ministry spokesperson Wang Wenbin said on Wednesday, stressing that the world does not need China to reduce production, but rather more money and products to accelerate the energy transition and eradicate poverty.

The development of new quality productive forces in the Chinese mainland is characterized by greater inclusiveness and a higher level of opening-up, which will provide new opportunities for Taiwan-based companies for their participation in the high-quality development of the mainland, Zhu Fenglian, spokesperson for the Taiwan Affairs Office of the State Council, told a press conference on Wednesday.

A representative from a hotel based in the Chaoyang district, Beijing, told the Global Times on Wednesday that guests can just check in with their legal identity documents following verification, noting that facial recognition is no longer mandatory.

China has urged the European side to abide by the commitment to market openness and the principle of fair competition, adhere to WTO rules, and cease unjustified suppression of and restrictions on Chinese enterprises under various pretexts, Chinese Ministry of Foreign Affairs spokesperson Wang Wenbin said at a regular press conference on Wednesday, as the EU's probes targeting Chinese companies intensified.

China's long-term government bond yields are expected to match the country's long-term economic growth expectations, an official from the People's Bank of China (PBC), the central bank, said in an interview with the Financial News on Tuesday.

Azerbaijan hopes to attract more Chinese investors as the country is pursuing sustainable development and green transformation, as well as greater transport connectivity and other economic goals under the China-proposed Belt and Road Initiative (BRI), officials from Azerbaijan said at the Azerbaijan Investment and Trade Promotion Conference held at the Embassy of Azerbaijan in Beijing on Tuesday.

Multiple Chinese online tourism agencies (OTAs) have recorded a surge in bookings for the five-day May Day holidays, particularly for mid- and long-distance trips. Among international trips, countries with visa-free policies have gained in popularity with Chinese tourists.

Saudi oil giant Aramco said on Monday it is in talks with Hengli Group to acquire a 10 percent stake in a subsidiary of the Chinese firm that specializes in refining and petrochemicals. The negotiations mark the latest efforts by Aramco to bolster its downstream presence in China.

Diplomats see vast potential for trade and investment cooperation across multiple sectors in South China's Hainan Province as the island is accelerating its high-level opening-up on all fronts, following the conclusion of the 4th China International Consumer Products Expo and Boao Forum for Asia.

The second phase of the 135th session of the China Import and Export Fair, also known as the Canton Fair, kicked off in Guangzhou, South China's Guangdong Province on Tuesday, attracting about 10,000 domestic and international enterprises to display products such as daily consumer goods and gifts.

Governor of South Australia Frances Adamson's visit to China is another positive sign for continuously advancing bilateral ties with more cooperation potential to be explored at the local level following China's move to lift anti-dumping and anti-subsidy tariffs on Australian wine in March, observers said on Tuesday.

US companies saw an improvement in China's business climate and regulatory environment in 2023, and they held an attitude of "cautious optimism" about in their operations in China, amid the country's stepped-up efforts to attract foreign investment and signs of “a warming trend” in relations between the world's two largest economies, a US business chamber report showed on Tuesday.

China's main business group in the EU has excoriated Brussels for weaponizing its own regulations to engage in economic coercion of Chinese businesses, and the group urged the EU to treat Chinese firms fairly, after the EU launched investigations into Chinese firms in the clean-energy sector.

Alibaba Group reportedly plans to invest in a South Korean online retail platform, its first such investment, as it seeks to bolster its position as a leader in global e-commerce while accelerate cross-border digital trade between China and South Korea.

Starting from April 28, Air China will launch and resume four routes such as Beijing-Riyadh and Beijing-Dhaka flights, meaning its network will again cover six continents, the latest example reflecting Chinese airlines' efforts to expand overseas services driven by rising demand.

China created 3.03 million new jobs in the first three months, accomplishing about one quarter of the yearly employment goal of 12 million, data from the Ministry of Labor and Human Resources showed on Tuesday.

China has 3.03 million new jobs in Q1, 1/4 of year-target reached

The IMF said in a recent report that the soaring US deficit rate could pose “significant risks” to the global economy, as it is creating more inflationary pressure.

Orders related to the upcoming Paris Olympic Games have seen strong growth for merchants in Yiwu, the small commodities hub in East China's Zhejiang Province, the Global Times learned from industry insiders on Monday.

China's Minister of Commerce Wang Wentao attended a forum on Monday between China and Portuguese-speaking countries (PSCs) in the Macao Special Administrative Region, to discuss further upgrades to multilateral cooperation by connecting with the Belt and Road Initiative (BRI), according to China's Ministry of Commerce (MOFCOM).

Although Elon Musk's planned visit to India has been postponed, Tesla's entry into the Indian market is expected to continue. However, amid fierce international competition, a key question is whether India's manufacturing sector can help the EV giant achieve its goals of efficiency improvement and cost reductions.

Chinese Premier Li Qiang on Monday called for accelerating the construction of a secure, regulated, transparent, open, dynamic and resilient capital market, so as to support the country's effort to build itself into a financial powerhouse and pursue Chinese modernization.

China's installed capacity for power generation from clean-energy sources surged in the first quarter, which analysts attributed to growing domestic demand as China is pursuing high-quality and green development.

The People's Bank of China (PBC), the country's central bank, on Monday released the South Korean language version of a guide to payment services for foreigners visiting Zhangjiajie in Central China's Hunan Province, one of the fresh efforts to facilitate payment for foreigners and promote high-level opening-up.

Hong Kong stocks closed higher on Monday, the first trading day after China's top securities regulator on Friday revealed five measures to support the capital market in the Hong Kong Special Administrative Region (HKSAR).

China's Ministry of Finance (MOF) vowed on Monday to promote the purchase of the nation's saving bonds, including increasing the issuance volume and adjusting purchasing limits for individuals, in response to soaring demand.

Competition in China's new-energy vehicle (NEV) industry has intensified as local and international brands rush to announce price cuts and release new models to seek more market share.

China's National Energy Administration (NEA) on Mondy released data about the electricity industry in the first quarter this year, showing a marked increase in the total installed capacity with 2.99 billion kilowatts at the end of March, up 14.5 percent year-on-year, which reveals the country's economic recovery is gaining pace.

Ahead of the 24th World Intellectual Property Day that is set for April 26, China's cultural enforcement departments jointly signed the Beijing-Tianjin-Hebei Regional Copyright Enforcement Cooperation Agreement in Beijing on Friday. Officials and experts highlighted that the move will further deepen regional cooperation in copyright enforcement and promotion, social services, as well as talent cultivation.

Chinese third- and fourth-tier cities – and even smaller ones – are set to be popular during the upcoming May Day holidays, per industry data, as market watchers said the trend shows that China's tourism market is steadily recovering, which will further boost consumption.

China has urged developed countries to expedite the implementation of their climate finance commitments, helping developing countries in climate actions with financial and technological assistance. The stance was made during G20 meetings, held on Wednesday and Thursday, aimed at enhancing technical and capacity-building support for developing countries.

China has achieved the mass production of carbon-14 isotopes by using a commercial nuclear reactor, the China National Nuclear Corporation (CNNC) told the Global Times on Sunday.

The China Council for the Promotion of International Trade (CCPIT) on Sunday blasted the US Section 301 investigation into China's maritime, logistics and shipbuilding industries, calling it groundless, and said it will organize industry companies to mount a legal defense to safeguard the legitimate rights and interests of Chinese companies.

The penetration rate of China's passenger new-energy vehicles (NEVs) exceeded 50 percent in the first half of April, as reported by China Central Television (CCTV) on Sunday, outperforming traditional fuel passenger vehicles and marking the rapid development of the NEV sector in China amid full market competition.

A batch of Chinese top-name internet entrepreneurs gathered over the weekend in a rare case in Beijing, celebrating the 30th anniversary of China's connection to the internet.

The Office of the US Trade Representative recently initiated a probe into China's maritime, logistics and shipbuilding sectors, alleging China used "unfair, non-market policies and practices" to dominate those industries. This, coupled with the Biden administration's new threat to impose high tariffs on Chinese-made aluminum and steel, is again escalating trade tensions between the world's two largest economies.

Despite the overall decline in population since 2022, there remains significant potential for growth in demand in China's real estate sector due to the rising urban population and improving living standards. Mid-term real estate demand will still be maintained at a healthy level, and there will not be a "demand cliff." As new quality productive forces will increasingly serve as another major engine of economic growth, the Chinese real estate sector will enter a new stage of high-quality development.

Recently, as China's population continues to show signs of low birth rates and an overall aging, the foreign media have increasingly been using the subject to disparage the Chinese economy. One of the claims is that Chinese society will face the predicament of "aging before becoming rich," and the aging population issue will hinder China's development. This statement is a far-fetched and inappropriate fallacy with obvious logical errors.

The US' Section 301 investigation into China's maritime, logistics, and shipbuilding industries, alleging China using “unfair, non-market policies and practices” to dominate those sectors, is groundless, as the decline of US shipbuilding industry has no relation to China's laws, policies or practices, China Council for the Promotion of International Trade (CCPIT) said on Sunday.

US politicians and media outlets have recently been sensationalizing the issue of so-called overcapacity in China, specifically focusing on the growth of Chinese manufacturing in new industries represented by electric vehicles (EVs), lithium-ion batteries, and solar panels.

The China Securities Regulatory Commission (CSRC) on Friday announced five measures, which are to be implemented jointly with the Hong Kong Special Administrative Region (HKSAR), in a bid to further enhance the Stock Connect and to support the city's strengthening of its status as an international financial center.

China has vast potential for the application of humanoid robots in a wide range of areas, including in the manufacturing and services industries, but robot development still needs improvements in terms of chips and software, experts said at an industry conference.

After a UK politician said that the country will ramp up curbs on trade and investment with China, Chinese officials and experts on Friday urged Britain not to politicize bilateral economic and trade relations as the essence of China-UK economic and trade cooperation is mutual benefit.

China's Ministry of Commerce (MOFCOM) on Friday announced anti-dumping measures targeting imports of propionic acid from the US following an investigation that found US dumping had inflicted harm on the Chinese chemical industry.

The 135th China Import and Export Fair (Canton Fair) concluded its first phase of the year in Guangzhou, South China's Guangdong Province on Friday, with impressive results, including a strong showing by foreign firms and buyers, underscoring the vitality of China's trade sector.

China's actual use of foreign capital in the first quarter of this year remained at a historically high level, an official with China's Ministry of Commerce (MOFCOM) said at a press conference held by the State Council Information Office on Friday, defying claims by some Western media that foreign capital is withdrawing from China.

Chinese Premier Li Qiang's detailed response to the so-called overcapacity claims made by some Western officials, in which he called for an objective view of capacity issues based on economic laws and from a global perspective, sent a signal that China seeks to address global issues through cooperation, rather than politicization, experts said on Friday.

The US' foreign aid has always been based on maximizing its own interests as its fundamental starting point and goal while choosing to ignore the practical interests and long-term development of the vast number of recipient developing countries, said a report published by the Chinese Academy of International Trade and Economic Cooperation (CAITEC) on Friday.

The 6th Ministerial Conference of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries (Forum Macao) will be held in Macao from April 21 to 23, 2024. Since the establishment of Forum Macao over 20 years ago, China and nine Portuguese-speaking countries have continued to bring cooperation in various sectors to new levels, with significant advantages in several aspects and multiple important outcomes.

Chinese Vice President Han Zheng on Thursday met with visiting Mayor of San Francisco London Breed, expressing hopes that the mayor's visit will further boost economic and sci-tech cooperation between the two sides, the Xinhua News Agency reported.

China has been vigorously rolling out an ambitious action plan aimed at fostering large-scale equipment renewal and trading-in of consumer goods across various regions. The endeavor is expected to tap a 1-trillion-yuan consumption market, thereby sustaining the nation's industrial upgrading and bolstering high-quality development.

Although some Westerners want to pin the label of “overcapacity” on China's EVs, cooperation on autonomous and connected driving between China and Germany, a major exporter of cars, has been advancing. The joint efforts are likely to have a far-reaching impact on the global EV market.

Companies from both the domestic and overseas markets are flocking to the China Import and Export Fair, commonly known as the Canton Fair, held in Guangzhou, South China's Guangdong Province, with their latest fashions on display to tap into the new opportunities for innovation as the world's second-largest economy pursues industry upgrading for high-quality development in the new era.

As the first light of dawn broke over the Kashi City, Northwest China's Xinjiang Uygur Autonomous Region, the air was already filled with the sweet scent of freshly baked pastries and the melodious calls to prayer for the Eid al-Fitr on April 10, marking the end of the Islamic holy month of Ramadan.

The Chinese Ministry of Industry and Information Technology (MIIT) highlighted rapid advancements in emerging industries and new productive forces during a press conference on Thursday, with a focus on sectors such as 5G, smart and high-tech manufacturing, which have seen significant achievements in recent months.

Newly added social financing during the first quarter was still one of the highest in history, with an improved structure to better serve the development of the real economy, an official of the People's Bank of China (PBC), the central bank, told a press conference hosted by the State Council Information Office on Thursday, responding to questions about a year-on-year decline during the quarter.

China on Thursday refuted US accusations alleging Chinese aid to other countries has led to a “debt trap”, stressing that Western-dominated commercial creditors and multilateral financial institutions account for a larger chunk of the debt held by developing countries.

China's youth unemployment rate, excluding students from 16 to 24, was 15.3 percent in March, remaining flat on a monthly basis, the National Bureau of Statistics (NBS) said on Thursday

At the fourth China International Consumer Products Expo (CICPE) held in Haikou, South China's Hainan Province, the booth of a Malaysian durian vendor looked very busy, with dozens of visitors eager to place orders for the popular Musang King durian cultivar.

The share of Chinese currency yuan used in global payments rose to a record high of 4.69 percent in March, remaining the world's fourth most active currency ahead of Japanese yen, data from global payment services provider Society for Worldwide Interbank Financial Telecommunication (SWIFT) revealed on Thursday.

China's holdings of US Treasury bonds fell to $775 billion in February, a drop of $22.7 billion from a month earlier, the second decrease this year, according to data released by the US Department of the Treasury on Wednesday.

Global 6G Conference was held in Nanjing, East China's Jiangsu Province from Tuesday to Thursday and called for global cooperation to develop the next generation telecommunications technology, highlighting China's critical global role in the endeavor.

The US petition regarding China's maritime, logistics and shipbuilding sectors is filled with numerous unfounded accusations, distorting normal trade and investment activities, and China strongly opposes this, a spokesperson for China's Ministry of Commerce (MOFCOM) said on Wednesday.

For some time, there have been reports and comments in Western media outlets hyping claims of “foreign capital fleeing China.” A Bloomberg report in February about China's foreign direct investment (FDI) actually cited the data of China's direct investment liabilities in its balance of payments, which confused two different concepts and lacked expertise. In statistics, FDI is the amount of investment capital flowing into China from overseas during a particular period.

The China General Chamber of Commerce (CGCC) held an international dialogue between foreign diplomats and business leaders on Wednesday, aiming to further facilitate multilateral economic cooperation, as the country is vigorously promoting high-level opening-up amid its better-than-expected economic growth in the first quarter of the year.

Against the backdrop of accelerating the development of green industries and corresponding economic transformation around the world, China has not only significantly improved its technological and production capabilities in new industries represented by new-energy vehicles (NEVs), lithium-ion batteries, and solar panels, but also increasingly become an important part of the global industrial supply chain in related industries.

China's GDP reached 29.63 trillion yuan ($4.09 trillion) in the first quarter, up 5.3 percent year-on-year. The national economy continued its good momentum, building on a strong start to the year.

The People's Bank of China, Ministry of Commerce, and State Administration of Foreign Exchange have introduced new policy measures aimed at facilitating easier payment for foreign visitors, as part of the nation's ongoing efforts to promote high-quality development.

A Beijing-based research institute is set to officially unveil the world's first prototype of intelligent humanoid robot TongTong, also known as “Little Girl.” Once activated, it can be customized to provide warm companionship in households and nursing homes.

The race for metals and minerals amid growing demand for green products and green technologies may erode European resistance to local production of critical minerals, but this is not going to be an easy way to revive Europe's domestic mining sector.

A three-year plan was released on Wednesday to foster talent to drive the growth of its digital economy. The initiative aims to enhance support for digital talent through various programs and policy reinforcements, showing the country's latest effort in advancing its digital economic sector.

The Wind Micro Market Cap Index, which tracks 400 of the smallest-cap companies listed in the A-share market, closed up 9.68 percent on Wednesday amid a broad market rally, following the late-night response by the CSRC on Tuesday saying that the recently issued delisting guidance doesn't target small-cap stocks but aims to clear out "zombie shell" companies and "black sheep" stocks.

China's top economic planner, the National Development and Reform Commission (NDRC), announced a series of stimulus measures to further boost the economy as the country achieved a better-than-expected result of GDP growth of 5.3 percent in the first quarter, a reflection of the good start to the year and an indication of the stronger momentum ready to be unleashed.