Economy
More foreign visitors are choosing to explore China by rail as visa-free policies continue to expand. China's railways handled 12.31 million foreign passengers in the first half of the year, up 33.6 percent year-on-year, according to the latest data from China State Railway Group.
By Zhang Yiyi | 2026/7/13 13:07:47
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  • China completes first field trial of transporting methanol through existing fuel pipelines

    China has completed its first field trial of transporting fuel methanol through an existing long-distance refined oil pipeline, marking a key step from theoretical research to engineering application in the large-scale transport of methanol through fuel pipeline networks, according to a report by CCTV News.

    By Global Times | 2026/7/13 9:18:26
  • High-frequency data signals steady improvement in China's economy in H1

    China's economy maintained steady improvement in the first half of the year (H1), with consumption continuing to recover and high-tech industries gathering momentum, according to data released by the State Information Center (SIC) under the National Development and Reform Commission, the country's top economic planner.

    By Xinhua | 2026/7/13 9:02:20
  • US pressure highlights need for Seoul to expand global chip partnerships

    Reports that Washington is pressing SK Hynix and Samsung to expand memory chip production in the US have raised concerns in South Korea. As semiconductor competition intensifies, maintaining diverse export markets and the freedom to commercialize advanced chips will become increasingly important for the resilience of South Korea's chip industry.

    By Hu Weijia | 2026/7/12 22:49:48
  • H1 sales of Japan's top three automakers slump in China, falling behind local EV boom

    Japan's three leading automakers have reported sharp year-on-year declines in their China sales for the first half of 2026, Kyodo News reported.

    By Qi Xijia | 2026/7/12 22:08:34
  • Sinopec completes reorganization with country's dominant aviation fuel refiner

    China's top refiner China Petroleum & Chemical Corporation (Sinopec) has completed its reorganization with the country's dominant jet fuel refiner. The merger will officially make China National Aviation Fuel Group (CNAF) a wholly owned secondary subsidiary of Sinopec, the Global Times learned from Sinopec on Sunday.

    By GT staff reporters | 2026/7/12 22:06:26
  • Foreign visitor flight bookings to Yiwu up 60%; Huaqiangbei in top 10 hotel districts: platform

    From "China Travel" to "China Shopping," flight bookings by foreign visitors to Yiwu, known as the world's largest wholesale market for small commodities, rose 62 percent year-on-year in the first half. Meanwhile, Shenzhen's Huaqiangbei electronics market ranked among the top 10 most popular business districts for hotel bookings by international tourists, according to data that a travel platform sent to the Global Times on Sunday.

    By Global Times | 2026/7/12 20:23:46
  • Sales of China-made ice cream, smoothie machines, pet-cooling mats surge amid heat waves in Europe

    As Europe endures record-high temperatures this summer, Chinese-made cooling products are seeing strong demand, particularly commercial and household ice cream machines, slushie machines, and related refrigeration equipment, as well as cooling products for pets, the Global Times learned from Chinese exporters.

    By Chi Jingyi | 2026/7/12 19:50:28
  • China's computing card market projected to hit 1.44 trillion yuan by 2029: agency

    According to a forecast cited by China Media Group (CMG) on Sunday, China's domestic procurement market for computing cards is expected to reach 1.44 trillion yuan ($212 billion) by 2029.

    By Chen Qingrui | 2026/7/12 19:37:38
  • US team uses Chinese humanoid robot for world-first live pig surgery

    A US research team has used Unitree G1 humanoid robot to successfully perform standard laparoscopic cholecystectomies on two live pigs, during which the robot is teleoperated to manipulate manual laparoscopic instruments, according to a study published in Nature seen by the Global Times, marking the world's first use of a humanoid robot surgical system to perform a complete minimally invasive surgical workflow on live animals.

    By Li Xuanmin and Tao Mingyang | 2026/7/12 16:02:48
  • EU is reportedly developing 'solidarity instrument' amid trade differences with China; Chinese expert warns move adds uncertainties to companies of both sides

    In a latest push to address its trade issue with China, the European Union (EU) is developing a “solidarity instrument” to support companies that diversify critical supplies away from China and cushion the impact of any retaliation in the event of a trade conflict, according to Bloomberg's Saturday report. The reported tool may require financial support to move forward.

    By Chen Qingrui | 2026/7/12 15:54:52
  • Typhoon Bavi disrupts China travel, with over 2,800 Sunday flights planned to be cancelled

    Thunderstorms caused by Typhoon Bavi have caused major travel disruptions across eastern part of China, with widespread flight cancellations. Hundreds of flights were cancelled or delayed, affecting travel through Nanjing, Hangzhou, Wuhan, Shenyang, Dalian, Chengdu and other cities.

    By Global Times | 2026/7/12 10:18:30
  • Created-by-China wins global consumers with smarter products, solutions

    China's intelligent manufacturing is winning more overseas customers with smarter products and integrated solutions, as innovation and technology become key drivers in exports.

    By Xinhua | 2026/7/12 9:41:56
  • China marks 22nd National Maritime Day as marine economy tops 11 trillion yuan

    China celebrated its 22nd National Maritime Day on Saturday, which also marks the country's observance of World Maritime Day. This year's theme of National Maritime Day highlights how digital intelligence is reshaping the future of navigation. The main event was held in Beijing for the first time in a hybrid format combining online and offline activities, according to the Ministry of Transport (MOT).

    By Global Times | 2026/7/11 13:50:27
  • Exclusive: China's scale, innovation, business dynamism offer major opportunities across industries: Dutch business representative

    China remains an important market and strategic partner for many Dutch companies, with its scale, innovative capacity, and dynamic business environment offering significant opportunities across a wide range of industries, Boudewijn Poldermans, a vice chairman of the Netherlands China Business Council (NCBC), told the Global Times in an exclusive interview.

    By Yin Yeping | 2026/7/10 21:05:20
  • China's securities regulator clears Shein's Hong Kong IPO

    China's fast-fashion retailer Shein has received approval to proceed with its Hong Kong IPO, according to a notice on the website of the China Securities Regulatory Commission (CSRC) on Friday. Chinese experts said the move signals strong support for China's private sector and platform economy, while also highlighting the country's drive to deepen opening-up and strengthen global trade ties.

    By Zhang Weilan | 2026/7/10 20:30:36
  • China announces temporary export controls on helium in accordance with law, effective immediately

    China's Ministry of Commerce and the General Administration of Customs on Friday announced temporary export controls on helium in accordance with the relevant provisions of China's Foreign Trade Law, effective immediately. Any subsequent adjustments will be announced separately.

    By Global Times | 2026/7/10 18:31:20
  • FM rejects 'China Squeeze' narrative, saying China and Global South countries are always companions

    The “China Squeeze” is clearly inconsistent with the facts, and I believe countries of the Global South would not endorse this narrative either, Mao Ning, a spokesperson from China's Foreign Ministry, told a press conference on Friday, noting that on the journey of jointly realizing modernization, China and Global South countries have always been fellow travelers.

    By Global Times | 2026/7/10 16:22:21
  • Chinese industry group slams EU's anti-dumping probe into Peking duck; 'move shows Brussels' lack of confidence', obstinacy in expanding trade aggressions

    Peking duck is a famous delicacy and must not become a casualty of trade frictions, the China Chamber of Commerce to the EU (CCCEU) told the Global Times on Friday, commenting on the European Commission (EC)'s probe into imports of Peking duck on alleged dumping grounds.

    By Chu Daye | 2026/7/10 15:21:17
  • India's approval of Dixon-Vivo JV shows return to pragmatism, Chinese experts say

    ​The Indian government has reportedly greenlit a joint venture (JV) between Dixon Technologies and Chinese smartphone maker Vivo Mobile for manufacturing electronic devices, including smartphones, in India, according to Reuters reports on Thursday. A Chinese expert said the decision reflects New Delhi's pragmatic recognition of market realities and the critical role of Chinese manufacturing expertise in India's electronics ecosystem.

    By Zhang Weilan | 2026/7/10 14:24:08
  • China sets new record with 369m cross-border trips in H1, up 10.8% y-o-y

    China processed a record of 369 million cross-border trips in the first half of 2026, up 10.8 percent year-on-year, according to the National Immigration Administration (NIA) on Friday.

    By Yin Yeping | 2026/7/10 11:41:05
  • Norwegian salmon sees growing demand in China amid 'Haaland fever'

    Norwegian salmon has seen rising demand from Chinese consumers, as reflected in booming exports, while the Nordic country's soccer star Erling Haaland has gained a growing following among Chinese fans.

    By Yin Yeping | 2026/7/9 23:41:45
  • Xiaomi unveils second SUV as rapid product iteration highlights China's EV industry edge: experts

    Chinese tech giant Xiaomi officially unveiled its second SUV product line, the SkyNomad, on Thursday. This marks the brand's third major expansion of its automotive portfolio in merely two years, after it rolled out the SU7 sedan and YU7 SUV.

    By Qi Xijia | 2026/7/9 23:38:38
  • Drones and aerial tech power Guangxi flood rescue efforts

    Following the severe flooding brought by Typhoon Maysak in South China's Guangxi Zhuang Autonomous Region, rescue teams have been operating non-stop across the affected region. Technological tools, such as drones, have been used to strengthen relief efforts and deliver aid to stranded residents, playing an important role in rescue and relief operations.

    By GT staff reporters | 2026/7/9 23:28:55
  • India's power import-reduction mindset struggles to keep pace with manufacturing growth

    India's power sector is facing a period of rapidly rising demand, with Reuters reporting that Power ​Minister Manohar Lal warned the country may need to prepare for peak power demand of about 300 gigawatts next year. The challenge for New Delhi is not only how to add capacity, but how to do so efficiently and at a reasonable cost. The minister reportedly called for faster adoption of local equipment ​used in clean-energy projects. But in a sector where the pace of expansion and affordability of electricity are both closely tied to economic growth, an excessive focus on localization could make the transition more difficult than necessary.

    By Hu Weijia | 2026/7/9 23:18:55
  • Stable China-Japan relations extremely important for Japanese companies: business representative

    A Japanese business group is considering sending a delegation to China for a four-day trip in late September, Kyodo News reported. A Chinese industry analyst said the planned visit underscores the Japanese business sector's expectations for sound and stable relations with China, one of Japan's major trading partners, and its eagerness to strengthen economic ties with the Chinese market and business partners.

    By GT staff reporters | 2026/7/9 22:49:06
  • Robust trade, industrial upgrading anchor China's resilient economic growth

    Amid continued shocks to the global economy from geopolitical conflicts, rising energy prices and trade fragmentation, the International Monetary Fund (IMF) on Wednesday local time lowered its 2026 global growth forecast to 3.0 percent, while raising China's growth forecast from 4.4 percent to 4.6 percent for 2026 and from 4.0 percent to 4.1 percent for 2027, one of the few major economies to receive an upward revision.

    By Zhang Yiyi, Chen Zishuai and Chi Jingyi | 2026/7/9 22:21:41
  • China's H1 economy displays strong resilience, lifted by advanced manufacturing

    Chinese economy in the first half of 2026 displayed strong momentum, with half-year growth expected to hit the upper bound of the government's target range, nearing 5 percent year-on-year growth. The broader economic landscape tells a story of steadfast progress in the making.

    By Global Times | 2026/7/9 21:24:22
  • China sets plan to raise share of non-fossil energy consumption to 25% by 2030

    China plans to raise the share of non-fossil energy consumption to 25 percent of total energy consumption by 2030, and speed up efforts to meet new electricity demand with new clean energy production capacity, according to an action plan issued by China's State Council on Thursday.

    By Global Times | 2026/7/9 21:21:56
  • How should Europe view China's H1 economic performance

    The first half of 2026 has made one point increasingly clear: China is no longer simply the “factory of the world.” It is becoming one of the world's most important platforms for the industrial deployment of new innovations.

    By Luigi Gambardella | 2026/7/9 21:17:21
  • BRI financial cooperation between China and Latin America to focus on boosting local currency usage: Brazilian scholar

    To date, a total of 24 Latin American countries have joined the China-proposed Belt and Road Initiative (BRI). And BRI should be seen as a platform that enhances ties between Latin America and the Caribbean (LAC) and China in a number of aspects.

    By Marcos Cordeiro Pires | 2026/7/9 20:27:40
  • BRI shows China's role as a central node in a more balanced global economy

    In recent years, China's continued push for opening-up and international cooperation has become a strategic response to a fragmenting global economy. Trade, investment and infrastructure are no longer shaped by cost efficiency alone; they are increasingly driven by resilience, security and long-term strategic positioning.

    By Luiz Awazu Pereira da Silva | 2026/7/9 20:23:50
  • China's national supercomputing internet 'core node' goes online, offering over 100,000 AI computing cards

    The core node of China's national supercomputing internet was announced to have officially come online on Thursday at the 2026 Henan Artificial Intelligence Conference held in Zhengzhou, Central China's Henan Province, the Securities Times reported.

    By Li Xuanmin | 2026/7/9 11:41:54
  • China to host major AI conference, with 'record-breaking' participation

    China will host the 2026 World AI Conference (WAIC) and High-Level Meeting on Global AI Governance in Shanghai from July 17 to 20, through which China will promote cooperation in global AI development, Chinese Foreign Ministry spokesperson Mao Ning said on Thursday. The conference is set to see record-breaking participation, the Global Times learned from the organizers.

    By Zhang Weilan | 2026/7/9 17:19:55
  • China's NEV production, sales both surpass 7 million units in first half of 2026: industry association

    China's new-energy vehicle production and sales kept rising in the first six months of this year, with production and sales both hitting 7 million units, and NEV exports expanded by 1.2-fold during the period, the China Association of Automobile Manufacturers (CAAM) said on Thursday.

    By Ma Jingjing | 2026/7/9 17:06:59
  • China's new energy vehicle output, sales both exceed 7 mln in H1

    China's new energy vehicle (NEV) sector reported continued growth in the first half of 2026, with output and sales both exceeding 7 million units during the period, latest industry data showed on Thursday.

    By Xinhua | 2026/7/9 15:20:58
  • China's CPI up 1 pct in June

    China's consumer price index (CPI), a main gauge of inflation, rose 1 percent year on year in June, official data showed Thursday.

    By Xinhua | 2026/7/9 14:19:48
  • China rolls out labor plan to cap urban jobless rate at 5.5% or lower in coming five years

    China's Ministry of Human Resources and Social Security released a development plan on Thursday for human resources development during the 15th Five-Year Plan period (2026-30), setting seven major goals and 18 quantitative indicators, including a target that the number of newly created urban jobs should reach a considerable size during the period.

    By Global Times | 2026/7/9 13:43:04
  • CXMT releases IPO prospectus as China accelerates tech sector listings

    CXMT, a leading Chinese storage chipmaker, made public its IPO prospectus on Thursday as it moves toward a listing on the STAR Market of the Shanghai Stock Exchange (SSE), adding to the recent surge in Chinese technology and semiconductor firms going public on the Chinese capital market to bolster domestic innovation and tech development.

    By Global Times | 2026/7/9 11:50:24
  • China commissions mega semi-submersible crane vessel, boosts offshore engineering capabilities

    China's semi-submersible crane vessel, the Sihang Yongsheng, which has the country's largest lifting capacity, was delivered in Jiangmen, South China's Guangdong Province, on Wednesday, China Media Group (CMG) reported.

    By Zhang Yiyi | 2026/7/8 23:53:33
  • MOFCOM urges the Netherlands to stabilize semiconductor supply chains; pragmatic engagement offers hope, 'greater sincerity' still needed: expert

    Chinese Commerce Minister Wang Wentao called on the Netherlands to create a fair, just, and predictable environment for Chinese companies investing in the Netherlands, maintain the stability of semiconductor supply and industrial chains, and properly resolve relevant corporate disputes, according to a Ministry of Commerce (MOFCOM) news release on Wednesday.

    By Chen Qingrui | 2026/7/8 23:40:46
  • China's high AI penetration offers a new perspective on global industrial cooperation

    At a recent press conference, an official from China's National Development and Reform Commission (NDRC) cited a figure that illustrates the scale of artificial intelligence (AI) adoption in China: the penetration rate of AI in the country's key industries has exceeded 80 percent, according to CCTV News. Behind the statistic is a broader trend - AI is increasingly being embedded in industrial and business processes, with widespread adoption already established across many sectors in China.

    By Hu Weijia | 2026/7/8 23:30:20
  • IMF upgrades China's 2026 GDP growth forecast to 4.6%, downgrades global growth outlook

    The IMF on Wednesday upgraded China's growth outlook by 0.2 percentage point to 4.6 percent for the year 2026 from the previous projection in April, while downgrading its 2026 global economic growth forecast by 0.1 percentage point to 3 percent, according to its latest world economic outlook report.

    By Global Times | 2026/7/8 22:08:31
  • IMF projects 2026 global growth at 3.0 pct, citing Mideast risks

    The International Monetary Fund on Wednesday projected that global growth will slow to 3.0 percent in 2026 before recovering to 3.4 percent in 2027.

    By Xinhua | 2026/7/8 21:26:51
  • US' widening deficit shows failure of tariff policies: experts

    The US' real goods deficit widened sharply by 18.7 percent to $100 billion in May, the second-largest since the US administration's reciprocal tariffs were imposed in April 2025, according to official data. Chinese experts said the data offered fresh proof that Washington's punitive tariff policies have failed to deliver its intended results.

    By Tao Mingyang | 2026/7/8 20:20:50
  • Taiwan regional firms encouraged to seize opportunities in mainland market

    A Chinese mainland official on Wednesday elaborated on how Taiwan businessmen-funded enterprises could seize opportunities in the mainland market, such as using the delivery service offered by the China-Europe freight rail routes and fund-raising channels of the mainland capital market, to ramp up their competiveness.

    By Global Times | 2026/7/8 19:31:32
  • US firms' growing adoption highlights rising competitiveness of Chinese AI models: experts

    US companies are reportedly increasingly adopting Chinese-built artificial intelligence (AI) models as they expand AI-powered tools and products. The trend is being driven primarily by cost-performance advantages rather than a simple shift in preference, highlighting the rising global competitiveness of Chines AI models, experts said.

    By Zhang Weilan | 2026/7/8 15:15:30
  • China issues warning over backdoor security risks in Anthropic's AI coding tool Claude Code

    China's National Vulnerability Database (NVDB), a national cyber-security repository operated by the Ministry of Industry and Information Technology (MIIT), released a statement on Wednesday warning of security backdoor vulnerabilities in the AI coding tool Claude Code.

    By Zhang Weilan | 2026/7/8 15:12:37
  • China aims to become a tourism powerhouse, with 190m inbound arrivals by 2030

    China's Ministry of Culture and Tourism has issued a five-year plan to accelerate the construction of a tourism powerhouse, vowing to boost inbound tourist arrivals to 190 million by 2030, with total spending surpassing $150 billion, the ministry said on Wednesday.

    By Liu Yang | 2026/7/8 13:48:46
  • Taiwan island's DPP authorities assists US in seizing the island's competitive industries: spokesperson of State Council Taiwan Affairs Office

    The Democratic Progressive Party(DPP) authorities on Taiwanisland used TSMC's investment in the US as a “token of allegiance” in its strategy of relying onthe US to pursue “Taiwan independence,” which has shamelessly aligned itself with the US, assisting the US in seizing control of the Taiwan island's competitive industries, Chen Binhua, a spokesperson for the State Council Taiwan Affairs Office, said at a press briefing on Wednesday in Beijing.

    By Global Times | 2026/7/8 11:55:49
  • World Bank's reference to 'tech-related imports' reveals a new dimension of China's development

    The World Bank's latest China Economic Update, released on Tuesday, contains a phrase that captures an emerging trend in China's economy: "tech-related imports." The term points to the interaction between technological development and import demand. According to the report, the expansion in tech-related imports reflects accelerating AI-related capital expenditure and demand for components that feed into tech-intensive export production.

    By Hu Weijia | 2026/7/7 23:31:54
  • China's market regulator intensifies crackdown on 'involutionary' competition

    China's State Administration for Market Regulation (SAMR) has stepped up efforts to curb "involutionary" competition, launching 16 special campaigns focused on strengthening regulatory enforcement, deepening platform governance and improving source-level oversight, with 39 expected outcomes set to be delivered, the regulator said on Tuesday, according to China Media Group's report.

    By Global Times | 2026/7/7 22:43:14
  • China reportedly overtakes US in fintech patent filings to seize global lead; achievements to empower real economy, benefit global financial devt: analyst

    Chinese banks and tech companies led the world in applications for financial technology patents over the last decade, surpassing the US, a Japanese media outlet reported on Tuesday, highlighting China's fintech patent performance in quantity and quality, as well as the application of new technology including artificial intelligence (AI).

    By Liu Yang | 2026/7/7 22:40:25
  • Dutch trade minister's China visit signals push to maintain economic ties, with more efforts needed to address differences: expert

    Dutch Minister for Foreign Trade and Development Cooperation Sjoerd Sjoerdsma began a three-day visit to China on Tuesday, with business representatives expecting the trip to send a positive signal of continued engagement and dialogue between the two countries at a time when China-Netherlands and China-EU economic relations are facing growing geopolitical and economic headwinds.

    By Yin Yeping and Chu Daye | 2026/7/7 22:38:37
  • China completes world's largest fusion magnet, clearing key hurdle for 'artificial sun'

    China's "artificial sun" program has cleared one of its toughest engineering hurdles, with two fully domestically developed superconducting magnets, which are the core components of a fusion reactor, passing expert acceptance and full-parameter testing at the Institute of Plasma Physics, Chinese Academy of Sciences (ASIPP). This marks a major step in the country's push to turn controlled nuclear fusion from laboratory science into a working energy source.

    By Li Xundian and Tao Mingyang | 2026/7/7 22:29:13
  • 2026 WAIC set for July 17 with over 300 global product debuts in Shanghai

    China will host the 2026 World AI Conference (WAIC) and High-Level Meeting on Global AI Governance in Shanghai from July 17-20, Chinese officials announced at a press briefing in Shanghai on Tuesday. The conference is set to be an important platform to showcase the world's most cutting-edge artificial intelligence (AI) technology and China's homegrown innovations, ranging from large language models (LLMs), AI agents to industrial open-source ecosystems, while also fostering global cooperation on key issues such as AI safety, global governance and bridging AI divides, observers said.

    By Li Xuanmin | 2026/7/7 22:19:40
  • Xinjiang's agricultural machinery, smart tech exports to BRI markets surge

    On a recent day, the production floor of CRCC Heavy Industry Xinjiang Co in Urumqi, Northwest China's Xinjiang Uygur Autonomous Region, was buzzing with activity as workers raced to complete four-row box-type cotton pickers. The schedule is tight, as the batch must be finished and shipped to Central Asia on July 10. Meanwhile, at a demonstration farm in Korla, in central Xinjiang, over 500 mu of cotton farmland stretches out, dotted with tender green cotton plants rising 60 centimeters high, crisscrossed by a web of intelligent drip irrigation lines. Such smart crop irrigation systems are widely adopted not only in Xinjiang but also in overseas markets like Pakistan and Kazakhstan. These scenes picture a booming industry in Xinjiang, where locally produced agricultural machinery and intelligent farming solutions are rapidly exported overseas, with even greater potential for growth, as cooperation under the Belt and Road Initiative (BRI) deepens. The rise of Xinjiang's agricultural machinery and smart farming industry is boosted by continuous industrial upgrading and robust policy support, according to industry players and experts.

    By Zhang Weilan in Xinjiang | 2026/7/7 21:47:07
  • US faces broad opposition to proposed tariffs on 60 economies over 'forced labor' claims

    Numerous enterprises and industry groups from the US and other economies have submitted opposition to the US' proposed tariffs on the pretext of so-called "forced labor" trade practices, and voiced their concerns over supply chain disruptions and rising costs in the public comments submitted to the US Trade Representative (USTR).

    By Chi Jingyi | 2026/7/7 20:28:32
  • Hong Kong doubles down on cross-border yuan business, cementing 'super connector' status

    Hong Kong Exchanges and Clearing Limited (HKEX) has signed a Memorandum of Understanding with CIPS Co, operator of China's Cross-border Interbank Payment System (CIPS) to explore strategic cooperation in the cross-border renminbi (RMB) business and to support the long-term development of the city's fixed income and currencies ecosystem, HKEX announced on Tuesday via its official website.

    By Chen Qingrui | 2026/7/7 17:03:21
  • World Bank holds China's 4.4% GDP forecast steady, says growth could exceed projections

    The World Bank projected that China's economic growth will reach 4.4 percent in 2026, which remains unchanged compared with its previous forecast made in December 2025 for the economy, according to the international organization's latest China Economic Update sent to the Global Times on Tuesday.

    By Ma Jingjing | 2026/7/7 16:56:43
  • More than 30% of China's large industrial enterprises have adopted AI: official

    The annual production of humanoid robots in China is expected to reach 100,000 units this year, and humanoid robots have been increasingly making their way into factories and workshops.

    By Global Times | 2026/7/7 12:06:14
  • Chinese NEVs expand into South Korea, with branded EVs seeing strong sales

    Chinese new-energy vehicle (NEV) companies are expanding into the South Korean market, with electric vehicle (EV) manufacturer Zeekr becoming latest example, as the brand reportedly saw its 7X series exceed 1,000 orders in the first month of pre-sales. A Chinese expert said that Chinese NEVs, which combine strong price competitiveness with advanced software-defined features, have become high cost-performance products for overseas markets and promoted the green development of the global auto industry.

    By Liu Yang | 2026/7/6 23:38:27
  • WRC 2026 to open in Beijing with record global participation

    The 2026 World Robot Conference (WRC) will be held in Beijing from August 19 to 23, featuring more than 300 exhibiting companies and over 2,000 exhibits, organizers announced at a press conference on Monday, as China's robotics industry, which accounts for 90 percent of global humanoid robot shipments, continues its rapid expansion that is increasingly benefiting the global industrial chain.

    By Tao Mingyang | 2026/7/6 23:35:50
  • Can AI-driven services devt open new space for China-S.Korea digital economic cooperation?

    South Korea is accelerating AI adoption in services, while China is rapidly scaling AI across e-commerce, payments, and digital platforms. With strong complementarity in market scale, technology, and applications, deeper digital trade and services cooperation could unlock new growth drivers for bilateral economic ties and regional digital economy integration.

    By Hu Weijia | 2026/7/6 22:54:20
  • China launches multi-agency campaign to crack down on illegal mining

    Multiple government agencies, including the Office of the Work Safety Committee of China's State Council, the Commission for Political and Legal Affairs of the Communist Party of China Central Committee and the Supreme People's Court, jointly launched a campaign on Monday to crack down on illegal activities and rectify regulatory violations in key sectors such as mining.

    By Global Times | 2026/7/6 21:45:20
  • Foreign visitors flock to China to buy local designer, tech products

    On Shanghai's bustling Huaihai Road, foreign shoppers weave through the TX shopping mall, a well-known hub for streetwear brands, where local labels are suddenly in the spotlight. Inside, several homegrown fashion stores are drawing strong overseas attention.

    By Qi Xijia in Shanghai and Zhang Yiyi in Beijing | 2026/7/6 21:43:41
  • Chinese cooling devices gain ground in US and European markets amid heatwave

    Chinese cooling devices ranging from pump products to air conditioners have made significant gains in US and European markets amid lingering heat waves, the Global Times learned from some domestic companies and industry analysts on Monday.

    By GT staff reporters | 2026/7/6 21:34:48
  • Chinese internet regulator announces progress in AI rectification campaign, with over 14,000 irregular AI products removed from cyberspace

    China's top cyberspace regulator announced on Monday that it has achieved marked progress in the first phase of a campaign to rectify improper AI application practices, with over 14,000 artificial intelligence products including websites, apps and AI agents removed from cyberspace.

    By Global Times | 2026/7/6 19:40:26
  • Foreign media group visits Xinjiang, 'impressed' by great infrastructure projects and economic progress there

    “What I have seen in Xinjiang is a great transformation,” Kanashyts Siarhei, editor-in-chief of Belarusian newspaper Narodnaya Gazeta told the Global Times. He was impressed by the pace of change in Xinjiang. “The economy and culture are advancing rapidly, and everything here is full of positive energy which impressed us,” he added.Siarhei is one of a delegation of 17 media representatives from 14 countries who visited Northwest China's Xinjiang Uygur Autonomous Region from June 29 to July 5, touring major infrastructure projects, cultural heritage sites and local communities to witness the region's development firsthand.

    By Zhang Weilan in Xinjiang | 2026/7/6 16:51:05
  • China welcomes dialogue and deeper co-op based on mutual respect: FM on upcoming China, Dutch commerce leaders' meeting

    “The specifics of the visit should be referred to the competent authorities. What I can tell you is that China and the Netherlands are important partners for each other. Advancing dialogue and cooperation in an open and pragmatic spirit serves the common interests of both countries,” Chinese FM spokesperson Mao Ning said on Monday, commenting on China's expectations for Dutch Minister of Foreign Trade and Development Cooperation Sjoerd Sjoerdsma's arrival in China tomorrow and his meeting with Chinese Commerce Minister Wang Wentao.

    By Global Times | 2026/7/6 16:12:07
  • 'Overcapacity' or undersupply? Consumers can decide for themselves, Chinese FM on EC president's remarks on continuing dialogue with China on 'trade imbalances'

    Overcapacity or shortage? Consumers have their own judgement. Products that meet demand and offer good quality at competitive prices will naturally find their way to the market, Chinese Foreign Ministry spokesperson Mao Ning told a regular press conference on Monday.

    By Global Times | 2026/7/6 16:01:45
  • Modified trading rules for Chinese A-shares take effect, a move to increase appeal of yuan-denominated assets: analysts

    The revised trading rules on China's Shanghai, Shenzhen and Beijing stock exchanges took effect on Monday, with the changes focusing on expanding after-hours trading, unifying price limits for special treatment stocks and optimizing closing mechanisms to improve market pricing efficiency and liquidity.

    By Ma Jingjing | 2026/7/6 15:40:20
  • Promoting services trade poised to create greater opportunities for China, UK

    The continued advancement of the feasibility study reflects that there is significant untapped potential in services trade. This trade cooperation reflects the complementary nature of the two economies, and the broad opportunities in both markets could unlock to boost mutually beneficial economic growth.

    By Hu Weijia | 2026/7/5 22:11:53
  • Panda bonds issuance exceeds 160 billion yuan, driven by surging foreign demand: report

    Favorable interest rate spreads, flexible use of proceeds and streamlined issuance procedures have become the three key drivers behind the "sudden" popularity of panda bonds issuance this year. In the first half of 2026, issuance volume has exceeded 160 billion yuan ($23.57 billion), marking an annual growth rate of over 60 percent, state broadcaster CCTV News reported on Sunday.

    By Chu Daye | 2026/7/5 21:30:37
  • Foie gras production now becomes backbone industry in Linqu, E.China's Shandong Province

    In a processing workshop in Linqu, East China's Shandong Province, a piece of foie gras is undergoing transformation from raw material into food. Unlike the traditional perception of a luxury ingredient often appearing on French restaurant menus, the foie gras produced in Linqu is entering a broader international market through industrialized production.

    By Zhang Yiyi | 2026/7/5 21:00:35
  • Several Chinese mainland airlines resume direct cross-Straits flights

    Several Chinese mainland airlines have resumed direct cross-Straits flights recently, including routes such as Ningbo to Kaohsiung and Chengdu to Taichung making economic and cultural exchanges more convenient cross the Taiwan Straits.

    By Tu Lei | 2026/7/5 19:28:04
  • Japan's plan to recycle rare earth minerals from AC units is unfeasible and reveals its weak points: Chinese analysts

    Some Japanese media reported recently that a first-of-its-kind initiative to recycle rare earth elements from household air conditioners has begun in Japan, amidst "China's tightening of export restrictions on rare earth elements." Chinese industry analysts pointed out that this measure is costly and unrealistic, and that it also demonstrates China's export ban of dual-use items, including rare earths, to Japanese military end-users and for military use has precisely targeted Japan's vulnerabilities.

    By GT staff reporters | 2026/7/5 16:52:51
  • Legoland Shanghai Resort marks first anniversary with 2 million visitors, foreign firms upbeat on China's consumption potential

    Colorful dance performances, live stage shows and a towering anniversary cake built entirely from LEGO bricks took center stage at Legoland Shanghai Resort on Sunday, as the venue threw a vibrant celebration to mark the first anniversary of its grand opening.

    By Qi Xijia | 2026/7/5 16:11:09
  • Chinese LLMs Doubao, Qwen to shut down personalized AI agents on July 15, to comply with government regulation

    ByteDance's Doubao and Alibaba's Qwen LLMs have reportedly announced a move to shut down personalized AI agents on July 15. Analysts said the move may enhance safety and compliance to avoid the abuse of AI agents by third parties, as the interim measures governing AI-enabled personified interactive services takes effect on July 15.

    By Ma Jingjing and Zhang Weilan | 2026/7/5 15:18:23
  • China's robot exports hit nearly 20 bln yuan in Jan-May amid surging demand

    China exported 10.377 million robots across individual categories from January to May this year, with total export value approaching 20 billion yuan ($2.98 billion), according to customs data. The products were shipped to more than 150 countries and regions worldwide, with the European Union and ASEAN emerging as the primary destinations, China Media Group reported.

    By Zhang Yiyi, Zhang Weilan and Tao Mingyang | 2026/7/5 12:24:03
  • China's express delivery volume tops 100 billion parcels by end June

    China's express delivery volume had surpassed 100 billion parcels as of the end of June this year, data from the State Post Bureau (SPB) showed on Saturday.

    By Xinhua | 2026/7/4 21:11:12
  • China solicits public opinion on amendments to e-commerce law, with newly added countermeasure provisions emerging as key focus

    China on Saturday began soliciting public opinion on draft amendments to the E-commerce Law, according to China's State Administration for Market Regulation (SAMR) and the Ministry of Commerce, with newly added countermeasure provisions emerging as a key focus.

    By Global Times | 2026/7/4 13:54:59
  • India's selective opening to Chinese power firms reflects pragmatic adjustment to energy needs, but more open approach needed: expert

    India has reportedly allowed four Chinese power equipment manufacturers with factories in the country to participate in government tenders for critical power projects. Chinese analysts described the move as "a pragmatic adjustment" to India's energy infrastructure needs, but New Delhi needs to take a more open and fair approach toward Chinese firms to strengthen economic cooperation.

    By Ma Tong | 2026/7/3 22:26:17
  • Tech-driven Chinese economy reshapes global cooperation

    As China's industrial profits for January-May 2026 reached 3.14 trillion yuan, up 18.8 percent year-on-year and accelerating from the first four months, the data reveals more than a cyclical rebound. It signals ongoing structural dynamics at work, as evidenced by a sustained reallocation toward higher-value sectors, supported by policy-driven liquidity and a shifting consumption landscape.

    By Warwick Powell | 2026/7/3 22:06:17
  • Economy's higher-quality growth is supported by high-tech innovation, massive market

    This year marks the start of China's 15th Five-Year Plan (2026-30) period. As the year reaches its midpoint, China's economy has remained broadly stable despite a very complex international environment.

    By An Zidong | 2026/7/3 21:59:36
  • Academician Zhong Jue: The 'Steel Lady' forging China's industrial might

    Editor's Note: A grand gathering in celebration of the 105th founding anniversary of the Communist Party of China (CPC) was held at the Great Hall of the People in Beijing on Wednesday. Zhong Jue, an academician of the Chinese Academy of Engineering and a leading expert in mechanical engineering, is one of the eight recipients of the July 1 Medal, the CPC's highest honor. Recently, Zhong, a witness to China's industrial development from the very first Five-Year Plan to the 15th now, was interviewed at Central South University in Changsha, Central China's Hunan Province. She revealed her life story of national service, perseverance, scientific rigor and mentoring.

    By Chu Daye and Chen Zishuai in Changsha | 2026/7/3 21:37:37
  • China opens lithium carbonate futures to overseas traders; major move to boost pricing power, yuan's wider use: experts

    China opened lithium carbonate futures and options on the Guangzhou Futures Exchange (GFEX) to overseas traders on Friday, giving overseas participants access to a key Chinese futures product for the battery-material supply chain, and marking another major step in the opening-up of China's futures market.

    By Ma Tong | 2026/7/3 21:03:58
  • China to end vehicle, vessel tax breaks for some energy-saving, NEV models in 2027, amid rising NEV industry

    Chinese authorities announced on Friday that they will cancel preferential vehicle and vessel tax treatment for energy-saving vehicles and some new-energy commercial vehicles in 2027, pointing to the rapid development of the country's new-energy (NEV) industry and the need to promote tax fairness and strengthen the regulatory role of taxation in income distribution.

    By Global Times | 2026/7/3 20:54:43
  • Chinese FM rejects US' claim of 'illegal fishing', slams US' deplorable record

    China deplores and firmly opposes the so-called "determinations" made by the US based on its domestic law, which are neither consistent with objective facts nor grounded in international law, a Chinese Foreign Ministry spokesperson said on Friday, while slamming the US' deplorable record in illegal fishing.

    By Global Times | 2026/7/3 19:16:13
  • Cooperation should not target or harm interests of any third party, Chinese FM on Modi's remarks on India-Japan critical minerals cooperation

    Cooperation between countries should help enhance understanding and trust among regional countries and help safeguard regional peace and stability, Chinese Foreign Ministry spokesperson Guo Jiakun said on Friday in response to Indian Prime Minister Narendra Modi's remarks that India and Japan would strengthen cooperation on critical minerals to enhance the resilience of related supply chains following his meeting with Japanese Prime Minister Sanae Takaichi on Thursday.

    By Global Times | 2026/7/3 16:25:39
  • Chinese beverage brand Molly Tea to appeal $15.2 million LV trademark ruling: reports

    Chinese tea beverage brand Molly Tea said it would appeal a court ruling ordering it to pay 10.3 million yuan ($1.52 million) to French luxury house Louis Vuitton for trademark infringement, a case that has drawn widespread attention on Chinese social media, according to several media reports.

    By Global Times | 2026/7/3 16:09:17
  • Chinese inventors win European Inventor Award for battery recycling breakthrough

    Two Chinese inventors have won the 2026 European Inventor Award in the Non-EPO Countries category and also received the Popular Prize for developing a smart battery recycling process that regenerates high-quality cathode materials from spent lithium-ion batteries, the Global Times learned from the European Patent Office (EPO) on Friday.

    By Sun Langchen | 2026/7/3 15:01:29
  • China has allocated nearly $30b in ultra-long special treasury bonds to boost equipment renewal: NDRC

    China has allocated all 200 billion yuan ($29.46 billion) in ultra-long special treasury bonds for equipment upgrades in 2026, supporting approximately 11,000 projects across 22 fields. This provides strong support for accelerating industrial upgrading, promoting green development, improving people's livelihoods and well-being, and strengthening security guarantees, the National Development and Reform Commission (NDRC) said on Friday.

    By Global Times | 2026/7/3 14:57:19
  • Horgos: A global hub where opportunity and belonging attract international entrepreneurs

    Horgos, situated within the Ili Kazak autonomous prefecture of China's Xinjiang Uygur autonomous region, stands as a pivotal gateway for China's westward opening-up.

    By Ardak from the People's Daily | 2026/7/3 11:26:28
  • China's June NEV wholesale sales jump 22% to 1.51 million, driven by high oil prices, optimized supply, exports: CPCA

    China's new-energy passenger vehicle wholesale sales are estimated to have reached 1.51 million units in June, up 22 percent year-on-year and 12 percent month-on-month, China Passenger Car Association (CPCA) said on Thursday, contributing the growth to high oil prices, optimized supply and export surge.

    By Global Times | 2026/7/2 23:33:57
  • China willing to lengthen cooperation list with Canada: commerce ministry

    China is willing to lengthen cooperation list with Canada, and to compress the "problem list" as well, a Ministry of Commerce spokesperson said on Thursday.

    By Xinhua | 2026/7/2 22:42:53
  • All flights canceled on 25 China-Japan air routes in June: data

    All flights on 25 China-Japan air routes were fully canceled in June and a total of 1,488 flights between the Chinese mainland and Japan were canceled that month, representing a cancelation rate of 37.5 percent, the Global Times learned from flight tracking platform Flight Manager DAST.

    By GT staff reporters | 2026/7/2 22:03:23
  • USTR won't renew USMCA, using allies' trade ties with China as pretext

    US Trade Representative Jamieson Greer reportedly used China as pretext for US' declining to extend the US-Mexico-Canada Agreement (USMCA) in an interview on Wednesday. Chinese analysts slammed the remarks, saying US' attempt to dictate who its trading partners should trade with highlights its hegemonic mindset, while warning that politicizing trade and investment will create uncertainty that will undermine North American competitiveness.

    By Chu Daye | 2026/7/2 22:01:58
  • China's air conditioner boom illustrates supply chain cooperation opportunities

    On Thursday, a statistic circulating on Chinese news platform Toutiao drew attention and discussion online: Chinese households now own an average of 1.5 air conditioners each. The figure comes from a report released by China's National Bureau of Statistics (NBS) in September 2025, which showed that in 2024 there were 150.6 air conditioners per 100 households, up 28 percent from 2020.

    By Hu Weijia | 2026/7/2 21:15:19
  • China's robot academies turn showbots into industrial workers

    On June 29 an unconventional opening ceremony was held in Hangzhou, East China's Zhejiang Province, with some 30 humanoid robots and quadruped machine dogs lining up as the first batch of "students."

    By Qi Xijia | 2026/7/2 21:07:30
  • China's transport network sees fresh expansion as projects boost connectivity, economic momentum: expert

    From high-speed railways to highways and tunnels, a wave of major transport projects has been completed or opened recently across China, underscoring how infrastructure investment continues to fuel the country's economic momentum.

    By GT staff reporters | 2026/7/2 20:25:30
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