Gathering a great number of Fortune Global 500 companies, the ongoing first China International Supply Chain Expo (CISCE) provides a dazzling display of cutting-edge technologies for consumers at home and abroad.

Industry sources said that this move again shows their determination to stay and expand in the Chinese market, while opposing “decoupling.”

The China International Supply Chain Expo (CISCE) kicked off in Beijing on Tuesday, bringing together hundreds of political and business leaders from around the world to strengthen cooperation and safeguard the stability of global industrial and supply chains amid mounting risks and challenges for global trade.

At the ongoing first China International Supply Chain Expo (CISCE), which kicked off on Tuesday, a number of UK financial, mining and pharmaceutical companies including HSBC, EY, Rio Tinto, Standard Chartered and AstraZeneca are eyeing more business opportunities in China in sectors such as electric vehicles, solar power, industrial upgrading and green financing.

Chinese company Loongson released its next-generation computer central processing unit (CPU) 3A6000 in Beijing on Tuesday. The CPU is self-designed with key indexes comparable to those of global mainstream products, which observers said marked China's new breakthrough in the design of domestic CPUs.

The Dutch authorities greenlighted the takeover of domestic chip start-up Nowi by Chinese-owned semiconductor maker Nexperia on Monday after an assessment, which has sent a positive signal for global semiconductor cooperation, an industry analyst said.

China's economy has continued to recover with a pronounced overall upturn, and the nation is expected to achieve its full-year GDP growth target of about 5 percent in 2023, said Pan Gongsheng, governor of the People's Bank of China (PBC), the central bank, according to a statement on the PBC's website on Tuesday.

The “Silk Road” e-commerce, an international cooperation platform for trade and economic cooperation under the important Belt and Road Initiative (BRI), has formed a structure for growing digital partnership, while helped promote mutual growth and cooperation among all participating economies.

In a momentous morning departure on Tuesday, the X8155 China-European freight train rolled out from Xi'an International Port Station in Northwest China's Shaanxi Province, laden with an array of goods including daily necessities and fitness equipment. Its destination: Hamburg, Germany.

The Al Dhafra Solar Project in United Arab Emirates (UAE), constructed by Chinese enterprises, has been fully completed recently, which will elevate the proportion of clean energy in the overall energy structure in UAE to over 13 percent.

China is willing to work with the UK to leverage each other's advantages, expand economic, trade and investment cooperation, and promote green development on the basis of mutual respect and win-win, China's Foreign Ministry spokesperson Wang Wenbin said at a regular press briefing on Tuesday.

Chinese ride-hailing app Didi resumes normal operations at mid-day Tuesday after a breakdown lasting as long as 12 hours due to “systems malfunction,” losing tens of millions of transactions worth more than 400 million yuan ($56.43 million), according to media reports.

Chinese AI software company SenseTime refuted a short-seller report by Grizzly Research LLC on Tuesday in a filing to the Hong Kong Exchanges and Clearing Limited (HKEX), saying the report is untenable, while the board is reviewing the allegations and will take appropriate measures to protect the company's interests.

Inspired by recent government policies to bolster financing needs of real estate enterprises, major banks in China have proactively initiated roundtable discussions with the cash-strapped developers, weighing more financing support to help them navigate through a property market slump.

The main artery of the 24-kilometer-long Shenzhen-Zhongshan link in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) was completed on Tuesday, marking the most significant progress before the project is scheduled to open to traffic in 2024, Chinese media reported.

Less than two weeks after the conference of cross-Straits entrepreneurs summit, where Taiwan entrepreneurs expressed their strong desire to grasp opportunities in the Chinese mainland, some media outlets are seeking new ways to vilify cross-Straits economic cooperation.

China's central bank said on Monday that it expects the annual GDP growth target of around 5 percent will be reached, as the economy continues to return to the normal track. It also vowed to keep in place “prudent” monetary policy to ensure stable growth.

The China-proposed Global Artificial Intelligence (AI) Governance Initiative has received positive responses from the international community, as it stresses fairness and justice as core to the global AI governing system and manifests multiple guidelines that are of wide global recognition, Chinese officials said. They also noted that since the initiative being launched in mid-October, many countries have shown eagerness to strengthen policy communication and pragmatic cooperation with China in the field of AI.

The first China International Supply Chain Expo (CISCE) will kick off on Tuesday, gathering a number of Fortune Global 500 companies.

The Chinese leadership on Monday called for efforts to further promote the high-quality development of the Yangtze River Economic Belt, stressing the role of scientific and technological innovation in driving development, and reiterated the fostering of better connections between the domestic and international markets as part of the country's “dual circulation” strategy.

India's endeavor to "decouple" from China in the supply chain for active pharmaceutical ingredients (API), the biologically active components of medicines, will be costly for the Indian and global pharmaceutical industry, Chinese industry insiders cautioned. There may be an impact on the final market prices of medicines.

Taiyuan Iron and Steel Group has developed and achieved mass production of a material that can be used in fuel cells. The achievement fills a domestic gap and solves a key strategic material bottleneck, marking a major advance in China's technology, Science and Technology Daily reported on Monday.

Major industrial enterprises' profits rose for a third straight month in October, showing that China's economic recovery efforts, with a mix of forceful stimulus measures, are paying off, experts told the Global Times on Monday.

Chinese vehicle producer Changan Automobile's shares closed limit-up on Monday after the company said that it would invest in Huawei's new planned subsidiary that aims to become a leader in intelligent vehicle systems and component solutions amid intensifying competition in China's new energy vehicle (NEV) market.

China's central bank and other government agencies on Monday announced 25 measures to step up financial support for the country's private sector, including efforts to diversify financial channels for private businesses, in yet another crucial step to boost the private economy amid challenges.

Alibaba Damo Academy shuts down its quantum computing lab and donates its lab equipment to Zhejiang University in Hangzhou city, where the company is based, according to Chinese media reports.

China's central bank and other seven central government departments on Monday issued a notice on strengthening financial support for the development and growth of the private economy. The 25-measure notice emphasized the need to diversify financing channels for private firms, provide improved financial services, as well as reasonably meet the financial needs of privately-owned real estate developers.

Multiple central government departments pledge to support private enterprises' growth, outlining 25 concrete measures to ensure their financing needs and bolster their technological innovations.

Some African countries are ready to deepen cooperation with China in the mineral exploration sector, based on their abundant natural reserves and the advancing industrial chain of Chinese companies, to foster mutual benefit. Ambassadors of Ghana and Tanzania to China shared this with the Global Times on Saturday.

It is true that for two heavyweight economies like the US and China, turning their backs on each other should never be an option, and for the sake of sustaining peace and nurturing world growth and prosperity, the two countries ought to establish pragmatic and down-to-earth terms and avoid viewing each other as strategic rivals or adversaries.

A railway linking the cities of Lijiang and Shangri-la, two well-known tourist destinations in Southwest China's Yunnan Province, opened to traffic on Sunday. As an important part of the Yunnan-Xizang Railway, the new line will slash travel times and drive economic development along the route.

China will deepen trade and investment cooperation with Vietnam, Minister of Commerce Wang Wentao said on Saturday during a meeting with Vietnamese Prime Minister Pham Minh Chinh in Ho Chi Minh City.

A customer checks out winter slippers at a supermarket in Guangshan county, Central China's Henan Province on November 26, 2023. Since early November, a large swath of the country has experienced cold spells, gusting winds, and plunging temperatures, as well as ice and snow, prompting people to buy down clothes, electric heaters and other necessities. Photo: VCG

Chinese cross-border e-commerce platforms ramped up efforts to boost sales for the Black Friday shopping spree this year, with some seeing rapid growth, further highlighting the rise of Chinese online shopping sites in overseas markets, including the US.

As winter temperatures dip, many Chinese provinces are stepping up efforts to increase energy supplies for heating, by producing more coal, ensure transport capacity while ramp up nuclear power generation as a clean energy for heating.

The Iraqi-Chinese Business Council was set up on Saturday in Baghdad, capital of Iraq, in a bid to help boost bilateral trade and economic ties, Xinhua News Agency reported on Sunday.

China's newly created National Data Bureau (NDB) will collaborate with relevant departments to explore the implementation of a “Data Element X” initiative, focusing on unleashing the multiplier effects of data across a range of scenarios and facilitating the transformation of China's advantage in basic data resources into new economic strengths, an official said on Saturday.

China on Friday published a document entitled "Vision and Actions for High-Quality Belt and Road Cooperation: Brighter Prospects for the Next Decade," which specified the key areas and directions for Belt and Road cooperation in the next 10 years.

China-Uruguay relations have entered a new step, reaching a historic high level, and unlocking numerous possibilities for intensified cooperation, Fernando Mattos Costa, Minister of Livestock, Agriculture and Fisheries of Uruguay, told the Global Times on Thursday, in an exclusive interview in Beijing.

Direct flights from Chengdu in Southwest China's Sichuan Province to Los Angeles, the US, resumed on Friday, on the heels of a new round of flight in-creases between China and the US starting from November 9, which observers said will further boost bilateral personnel communication and business activi-ties.

China will roll out a one-year visa-free policy to citizens from six countries - France, Germany, Italy, the Netherlands, Spain and Malaysia - starting on De-cember 1, 2023, Chinese Foreign Ministry spokesperson Mao Ning said on Friday, as part of fresh efforts to bring about cross-border people-to-people exchanges to serve the country's high-quality development and opening-up.

China's Ministry of Industry and Information Technology will discuss artificial intelligence (AI) exchanges and communication with the US side based on the result of China-US Summit in San Francisco, Liu Bochao, an MIIT official, said at a seminar in Beijing on Friday.

As concerns over inflation and high price linger on, more US consumers have been growing wary of shopping spending during this year's Black Friday, the US' biggest annual shopping spree that falls on Friday (US Time), the Global Times learned.

China has launched a website for the bureau for private economy development under the website of the National Development and Reform Commission (NDRC), as the latest effort to boost the private economy.

Looking back at the fact that China has maintained good relations with both left-wing and right-wing governments in Argentina over the past 20 years, there is no need to be overly pessimistic about the future of China-Argentina relations.

China's Office of the Leading Group for Promoting the Belt and Road Initiative (BRI) released the Vision and Actions for High-Quality Belt and Road Cooperation: Brighter Prospects for the Next Decade, in a bid to further promote the world stabilization and regional mutual development.

From January to September, Indonesia received 570,000 trips from China, more than double the target of 200,000, Nia Niscaya, an expert with the country's Ministry of Tourism and Creative Economy, said on Wednesday in an exclusive interview with the Global Times. Next year, the target will be almost back to the same level as before the pandemic, she said.

China's State Council, the cabinet, on Thursday gave approval for Beijing to cancel the foreign equity limit in local telecom value-added services, in order to further promote the nation's services industry.

Shanghai hopes to further enhance different fields' cooperation with Western Australia - Australia's largest state - said Shanghai Mayor Gong Zheng, when meeting with the state's Premier Roger Cook on Thursday, as there is rising understanding between the two countries.

“About 1.3 million hats will be sold around the world during the Black Friday shopping event. Our inventory is five times the sales of the same period in 2022,” an owner surnamed Liu of a Wenzhou-based hat enterprise told the Global Times on Thursday.

Exhibitors and visitors enthusiastically embraced the second Global Digital Trade Expo and expressed high hopes of utilizing the platform for fostering international cooperation and sharing the opportunities bought by China's fast-developing digital sector.

China is willing to enhance communication with Japan in areas including export controls and others, in order to promote the stable development of the bilateral economic and trade relationship, Ministry of Commerce (MOFCOM) spokesperson Shu Jueting said on Thursday.

The leadership crisis that engulfed OpenAI for nearly a week may have settled for the moment with Sam Altman's return as CEO, but the public controversy over the corporate power struggle hasn't diminished, with analysts saying the case may have untold ripple effects for AI development for years to come.

Recent minutes from the Fed's meeting reveal a predisposition among officials to maintain current interest rates throughout the year. With inflation persistently exceeding the 2 percent policy target and the approaching an election year in the US in 2024, the ideal window for any Fed interest rate adjustment might be in December this year.

It is hoped that the US will translate its promise of “not intending to suppress and contain China” into action and meet China halfway to create good conditions for enterprises to carry out two-way trade and investment cooperation, China's Ministry of Commerce (MOFCOM) spokesperson Shu Jueting said at a regular press briefing on Thursday.

Foreign financial enterprises have expressed full confidence in the prospects of the Chinese economy and vowed further investment in the market amid the country's firm commitment to opening-up in the financial sector and stable economic recovery.

There are no reasons for concern over China's economic development or pouring cool water on China's growth expectations, said Romania's former Prime Minister Adrian Năstase in a recent interview with the Global Times.

China is ready to work with Australia in implementing the important consensuses reached by the two nations' leaders, and help boost high-quality development of bilateral relationship and economic cooperation, Ministry of Commerce (MOFCOM) said on Thursday.

A total of 4.38 million Chinese people will sit the 2024 entrance exam for postgraduate studies when the test will be held from December 23 to 25, down from 4.74 million applicants from last year, data from the Ministry of Education showed.

The China International Supply Chain Expo (CISCE), the first national exhibition worldwide themed on supply chain, is an open platform that China has set up to safeguard global industrial and supply chain stability, Mao Ning, a spokesperson of the Foreign Ministry, said at a regular press briefing on Thursday.

The China-proposed Belt and Road Initiative (BRI) advances industrialization and helped upgrade manufacturing and agro-processing in Nigeria, Godwin Nogheghase Obaseki, governor of the Edo State of Nigeria, said on Wednesday during a conference held in Fuzhou, East China's Fujian Province.

China's Ministry of Justice is working together with other government agencies to accelerate the amendment of important laws including the country's Anti- Competition Law, Accounting Law, and Tender and Bidding Law, a senior ministry official said on Thursday, as the nation steps up efforts to build a world-class, market-oriented and law-ruled business environment to facilitate high-quality development.

Scotland's Cabinet Secretary for the Constitution, External Affairs and Culture Angus Robertson is visiting three Chinese cities - Beijing, Kunming and Shanghai - from November 23 to 28.

US companies have stepped up their presence in China after the summit between the top leaders of the two countries last week in San Francisco. Chinese observers said it reflects the strong willingness of US business community to bet on China amid stabilizing China-US ties, casting a vote of confidence in China's long-term economic growth.

The China proposed Belt and Road Initiative (BRI) has brought the vision of “heart connectivity” to reality, and it is a path to common development, multiple ambassadors and officials from BRI partner countries said on Wednesday during a roundtable held in Fuzhou, East China's Fujian Province.

The cyberspace security department of Chengdu in Southwest China's Sichuan Province recently arrested a netizen for spreading false information targeting the domestic securities exchange market, China's Ministry of Public Security (MPS) said on Wednesday.

At a family farm in Hongxingqiao township, Huzhou, East China's Zhejiang Province, workers harvest greenhouse rice in a rice-fruit intercropping base. Hongxingqiao is exploring the rice-fruit intercropping model, where rice is grown in fruit greenhouses. This process improves the soil and ensures that the land is not idle during fallow periods. The yields of both rice and fruit have increased by more than 15 percent, achieving “multiple yields in one piece of land.” Photo: VCG

It's not difficult for US observers and public intellectuals to find that Tesla and Apple are reportedly on the list of companies registered for the first China International Supply Chain Expo (CISCE), which is scheduled to be held from November 28 to December 2 in Beijing.

Exports of more Australian goods to China have resumed or soon will amid the continuous thawing of bilateral relations after Australian Prime Minister Anthony Albanese's recent China visit, which injected new impetus into his country's relations with China, its largest trading partner.

The Chinese economy is expected to be on the upswing in 2024, with much stronger momentum than this year, economists said on Wednesday amid a wave of global institutions raising their GDP forecasts for China.

UK enterprises are betting on great dividends from China's opening-up and high-quality development, seeing more opportunities in areas including finance, green energy, vehicles and advanced manufacturing.

China has been opening-up for over 40 years with a brilliant success in economic policy implementation as a result. “As to concerns about the so-called decoupling, my view of that is anything which keeps China integrated with the Western world is welcome,” said the UK's former business and industry minister Sir Vince Cable, in an interview with the Global Times.

Tesla won a lawsuit on Wednesday against a Chinese customer who staged a protest during the 2021 Shanghai International Automobile Industry Exhibition. The Tesla owner, surnamed Li, was ordered by court to publicly apologize to the US electric vehicle maker and pay for due damages.

Overseas-funded companies are showing their rising interest in China's digital transformation, and are exploring further opportunities in the Chinese market, as the country's policymakers focused on the nation's high-quality development.

China is willing to explore investment opportunities in new energy, digital economy, 5G and other emerging areas with Brazil, on the basis of consolidating cooperation in traditional areas, China's Vice Minister of Commerce Wang Shouwen said at a meeting with visiting Brazilian officials in Beijing on Tuesday.

The number of US exhibitors registered for the first China International Supply Chain Expo (CISCE) is much higher than expected, accounting for 20 percent of all foreign exhibitors, underscoring deepening China-US cooperation in stabilizing global supply chains, the China Council for the Promotion of International Trade (CCPIT), the co-organizer of the expo, said on Tuesday during a press conference.

A flight operated by Air China departed from Beijing on Tuesday, heading to Washington, marking the first direct flight from China to the US operated by a Chinese airline since the two countries further increased direct flights in the new round starting from November 9.

The situation of 40 workers trapped in a tunnel collapse in Uttarakhand, a northern Indian state bordering China, has entered its 10th day. After earlier rescue attempts failed, the heart-rending rescue operation finally brought good news.

Western media outlets have intensified their hype on Chinese-made vehicles' "threat" to international brands and overseas markets by focusing their attention on the hybrid vehicle segment, a type of vehicle that belongs to the new-energy vehicle (NEV) sector alongside pure electric battery-powered electric models.

After an 18-month effort, Sunac China Holdings completed the entire process of overseas debt restructuring, becoming the nation's first large real estate enterprise to wrap up a domestic and overseas debt restructuring. This landmark development provides a crucial demonstration for other debt-burdened developers, experts said on Tuesday.

While short dramas are currently making waves in China's A-share market, the same trend has also swept across international markets. A short drama app under a Chinese enterprise even briefly surpassed TikTok, claiming the top spot on the US iOS entertainment list.

The Shanghai Stock Exchange (SSE) and Dubai Financial Market (DFM) signed an agreement on Monday to co-develop financial products, a milestone in China's financial opening-up and a sign of deepening cooperation between China and the Middle East.

Along the west coast of the US, the Port of Los Angeles is a hive of activity, with massive container ships constantly coming and going.

China will have 2.3 billion Internet of Things (IoT) devices by the end of 2023, up 30 percent year-on-year. The country is now leading the development of IoT with advanced Internet infrastructure and innovative applications.

China's foreign ministry on Tuesday said there is a misunderstanding concerning Argentine President-elect Javier Milei's foreign policy. The ministry noted that it would be a grave mistake for Argentina to sever ties with major partners, like China or Brazil.

China's annual economic growth rate is expected to reach 5 percent or higher in 2023, despite some short-term challenges, and Standard Chartered will continue to invest in China to explore tremendous opportunities, Jose Vinals, group chairman of UK-based international bank Standard Chartered, told media recently.

Chinese listed tourism companies have published their third-quarter financial reports. With the strong recovery of the travel business post-pandemic, these enterprises have experienced a sharp rise in earnings, with the majority reporting strong performance in both revenue and net profit.

Australian businesses are willing to continue and expand their exports to China, and the business are experiencing improving conditions after Australian Prime Minister Anthony Albanese's recent visit in China, Daryl Guppy, once a board member of the Australia China Business Council, told the Global Times on Tuesday.

The yuan gained to 7.1612 against the US dollar on Monday, its highest value since mid-August. Analysts said the yuan may see further appreciation in December. ​

China resumed imports of Australian barley in October, with the amount reaching 313,700 tons worth $88.4 million, according to data released by the General Administration of Customs (GAC) on Monday.

Walt Disney Company, the US entertainment conglomerate, is expediting its business exploration in the Chinese market, fully tapping the market's huge potential in particular in the wake of the pandemic when the world's second largest economy is seeing its consumption and tourism vitality surge back to previous levels.

South Korea's oyster exports to China amounted to $2.7 million (19.55 million yuan) from January to October this year, an increase of nearly three times year-on-year, China Media Group (CMG) reported on Sunday night. The East Asian country's seafood is gaining more and more popularity in China following Japan's dumping of nuclear-contaminated wastewater.

The first China International Supply Chain Expo (CISCE) will have 26 percent international exhibitors, with 36 percent of that group coming from Europe and the US, event organizer said on Monday, as global companies show their opposition through actions to the so-called decoupling moves by some Western countries.

China's gross ocean product in the first three quarters of 2023 grew by 5.8 percent year-on-year, reaching 7.2 trillion yuan ($1 trillion), showcasing a steady recovery, data from China's Ministry of Natural Resources (MNR) showed on Monday according to preliminary calculations.

Luxshare, one of Apple's largest Chinese component and finished product makers, is shifting its new investment of $330 million to Vietnam from India, where it failed to expand its business after several attempts over nearly three years, according to media reports. Luxshare's significant role in the Apple supply chain has led many Indian media outlets to lament the shift as a loss for India.

The People's Bank of China (PBC), the central bank, and the Saudi Central Bank have signed a local currency swap agreement. The swap size is 50 billion yuan ($6.98 billion) or 26 billion Saudi riyals. It will be valid for three years and can be extended by mutual agreement, the PBC said on Monday in a statement.

US payment company Mastercard's Chinese joint venture (JV) told the Global Times on Monday that it will offer yuan bank cards under the MasterCard brand as soon as possible, and support card holders to make payments involving more than 100 million vendors in China and abroad, after China's financial regulator greenlighted the JV for bank card clearing operations last week.

China's investment into green hydrogen industry, which produces hydrogen using renewable energy, has reached 300 billion yuan ($42.04 billion) year-to-date, the state broadcaster CCTV reported on Monday.

Once sitting among the top of the world's list of most polluted cities, Beijing has achieved “a staggering success” in fighting air pollution thanks to the government's resolve to make a big difference by significantly cutting emissions in the city.

Chinese Premier Li Qiang presided over a meeting of the Central Financial Commission on Monday, which adopted a program for the division of key tasks related to the promotion of high-quality financial development. The meeting emphasized that efforts should be made to enhance the quality of financial services for economic and social development, focusing on supporting technology finance, green finance, inclusive finance, pension finance and digital finance. Related departments are required to urgently roll out specific policies, so as to promote the improved development of the financial industry.