China's central bank announced on Monday a 50 basis-point universal cut in the reserve requirement ratio (RRR) for financial institutions, effective from December 15, which would inject 1.2 trillion yuan ($188.3 billion) in long-term liquidity into the economy, as the country's top leadership stressed stability in economic development in 2022 at a tone-setting meeting on Monday.
Chinese companies are ramping up efforts on raw material processing and export cooperation with local business partners in Indonesia, a major global supplier of nonferrous metals, including nickel and aluminum, in a bid to help Indonesia achieve industry upgrading, while securing adequate metal supplies amid growing domestic demand from China's electric battery market, the largest in the world.
China is mulling the establishment of an iron ore pricing center to boost the country's influence in the market, as part of its broad efforts to ensure stable supplies and prices following recent price hikes that had significant impact on Chinese industries. Experts said on Sunday that building a related financial system to enable active online transactions would help gain an upper hand in pricing power.
China's domestic grain output reached a new record in 2021, laying a solid foundation for the country to secure stable grain supplies despite external uncertainties posed by geopolitics and the COVID-19 pandemic, officials and experts said on Monday.
China's central bank announced Mon to cut financial insitutions' reserve requirements by 50 basis points, effective from Dec 15.
Share prices of China's coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal prices beginning next year for medium and long-term contracts.
China will begin to build a second round of large wind and photovoltaic (PV) power stations in sandy, rocky and arid parts of the country, requiring provinces to report a list for the second round of large new energy bases by December 15, according to a notice released by the National Energy Administration (NEA).
China's easternmost high-speed rail, from Mudanjiang to Jiamusi in Northeast China's Heilongjiang Province, officially commenced operations on Monday, according to an announcement released by China Railway Harbin Group Co through its Wechat account.
In 2021, China's total grain production reached 1.37 trillion jin (685 billion kg), hitting a new record high, data from the National Bureau of Statistics (NBS) showed on Monday.
China's grain output set a new record in 2021 with a yearly growth of 2 percent, according to data released by the National Bureau of Statistics on Monday.
China will support leading futures companies to accelerate their development and encourage the listing and financing of qualified firms, to set up a number of derivatives and commodities services companies with strong capital and international competitiveness, Fang Xinghai, Vice Chairman of the China Securities Regulatory Commission, said on Sunday.
China's top securities regulator said on Sunday that reports by certain overseas media outlets on a so-called ban on companies using the variable interest entity (VIE) structure seeking overseas listings and demands that Chinese companies delist from US stock exchanges are completely wrong.
China is set to establish a global rare-earth giant based on the merger of rare-earth assets from several state-owned enterprises, in a move that analysts say will effectively enhance the development and concentration of the domestic rare-earth industry.
Chinese sources and experts on Sunday criticized India for meddling in Chinese companies' energy projects in Sri Lanka, saying that New Delhi's interference poses a serious threat to development and prosperity in South Asian countries such as Sri Lanka.
Chinese experts said that while there have been no direct economic countermeasures yet against Lithuania, future countermeasures cannot be ruled out if Lithuania continues on the wrong path. Chinese officials have also said that Lithuania would pay a price for its mistake of challenging China's sovereignty.
Chinese analysts on Sunday refuted some foreign media reports saying that the Evergrande Group's latest debt warnings and the country's move to rein in the real estate industry will greatly decelerate China's GDP growth, noting that the country is already acting to prevent a domino effect and it has more tools than some Western countries to deal with the issue of a single developer.
Tesla Shanghai has begun to recall 21,599 domestically made Model Y electric cars with production dates between February 4, 2021 and October 30, 2021, due to unqualified steering knuckles, according to a statement released by China's top market regulator on Friday.
China's first international vaccine innovation center, the Greater Bay Area International Vaccine Innovation Center, was officially inaugurated on Saturday in Shenzhen, Guangdong Province, and will be fully open to the public, amid the sudden emergence of the new Omicron variant.
South China's Hainan Province has listed crypto-currency mining as an eliminated industry and will also implement different electricity pricing mechanism to reduce carbon emissions, according to a document published on Friday by the Development and Reform Commission of Hainan Province.
China's domestic demand and opening-up will be accelerated by the country's dual circulation strategy, experts say, adding that the strategy may propel the common prosperity drive, while attract more foreign investment to China.
The first nuclear heating project in Southeast China was put into operation on Friday, the initial phase of which could provide winter heating for 464,000 square meters of residential property in Haiyan county, East China's Zhejiang Province.
China on Friday announced a new medicine list for 2022 under its medical insurance system on Friday, with 74 new drugs added to the list. Sixty-seven drugs not included in the list will enjoy negotiated prices, with an average price cut of 61.71 percent, including drugs for COVID-19 treatment.
The 1,035-kilometer-long China-Laos Railway, a signature project under the China-proposed Belt and Road Initiative, officially went into full operation on Friday, catapulting the landlocked Southeast Asian nation into a Chinese standard-powered modern railway era that honors China's promise of enabling inclusive growth along the BRI routes.
China is expected to resume 737 MAX flights by the end of this year or early next year, and the introduction of new aircraft will be restarted, China's civil aviation regulator said on Friday.
China's Vice Premier Hu Chunhua said the government will continue to actively respond to the concerns of foreign enterprises and create a market-oriented, regulated and international business environment to support foreign companies to better invest and start operations in China.
China-Africa cooperation has rich opportunities in new era despite of challenges and the two sides should enhance the scope of dialogue and uphold multilateralism to push forward sustainable and high-quality cooperation, scholars said on Thursday at an international conference held by the China-Africa Institute (CAI), both in person and online.
Chinese suppliers of anti-coronavirus items including nucleic acid tests, masks and oxygen machines have seen export orders surge 25-200 percent amid new outbreaks in many parts of the world, ignited by growing concerns over Omicron variant.
The chief executive officer of Spain's BBVA said on Monday that the weaker Turkish lira has reduced the price of its deal to buy 50.15 percent of Turkish lender Garanti by more than 400 million euros ($453 million) at current exchange rates.
The first China-Russia highway bridge, which spans the Heilongjiang River, is ready for launch, according to media reports, and it is expected to significantly boost bilateral trade, experts said.
Myanmar resumed exporting rare earths to China after the reopening of China-Myanmar border gates in late November, sources told the Global Times, and analysts said that rare-earth prices are likely to ease in China as a result, although price rises are likely in the longer term because of China's focus on carbon emission cuts.
China and the EU can forge complementarity in infrastructure connectivity, China's Foreign Ministry said on Thursday, arguing against pitting infrastructure initiatives against one another, after the EU's newly unveiled Global Gateway strategy was hyped by some as another response to the China-proposed Belt and Road Initiative (BRI).
China's civil aviation regulator released an airworthiness directive on the grounded Boeing 737 MAX on Thursday, showing that the airplane has won support from the agency, a further step for the plane to return to flying in Chinese skies.
The China-Laos Railway, which is set to launch on Friday and connect Kunming city of Yunnan Province and Laos' capital city Vientiane, will adopt entirely Chinese standards, China Railway said, noting that the Friday launch marks a significant moment for Laos to enter the era of fast rail transportation.
China Tobacco, or State Tobacco Monopoly Administration, released Thursday a draft regulation on forming a supervisory framework to manage e-cigarettes, which will go through a period of public opinion solicitation.
No brand should have privilege over consumers, the China Consumers Association (CCA) stated on Thursday in response to consumers' complaints over non-refundable policies in Chinese market of Canadian luxury parka maker Canada Goose.
Research team in China's Southeast University recently successfully stored their university motto into DNA, marking a major milestone in information storage sector and had published the result on international journal Science Advances, Xinhua News Agency reported on Wednesday.
China and Russia will expand green and low-carbon cooperation in the fields of trade, investment and energy, as well as science and technology, in order to promote new achievements in mutually beneficial cooperation between the two countries, according to a joint communiqué issued by Chinese Premier Li Keqiang and Russian Prime Minister Mikhail Mishustin during the 26th regular meeting between Chinese and Russian heads of government via video on Tuesday.
The trade volume in Hengqin cooperation zone, located in Zhuhai, South China's Guangdong Province and very near Macao, has risen 59.5 percent year-on-year to 24.66 billion yuan in the first 10 months of 2021, official data showed on Wednesday.
The operation of the long-awaited China-Laos railway should be a significant boost not only to Laos' economy by enhancing its tourism and trade with China, but also to the economy of the entire Lancang-Mekong region, which includes Southeast Asian countries like Vietnam and Thailand, by securing an important transport junction in the region, experts said.
Malaysia's state-owned oil and gas giant Petronas vowed that it will continue to ensure safe and reliable energy supply in China with innovative solutions for the “dual carbon” goals.
A China Southern Airlines flight arrived at Sukarno-Hatta International Airport in Indonesia on Tuesday with 4 million doses of COVID-19 vaccines onboard, marking a milestone for the airline as the total number of doses it has transported officially exceeded 100 million.
China's private Caixin manufacturing purchasing managers' index (PMI) stood at 49.9 in November, down 0.7 points from the previous month, indicating difficulties at smaller factories, even though domestic output slightly expanded during the month.
China and Russia said that they will continue in-depth cooperation on digital operating systems, including Russia's Aurora and Huawei's HarmonyOS and openEuler, charting a course to break the US monopoly in the sector as the global urgency of developing homegrown technology rises. The two also vowed to promote exchanges between companies from the two countries.
Universal Beijing Resort is expected to get 100,000 visitors per day in 2022, surpassing the average of 80,000 for the Shanghai Disney Resort. Another 2.2 square kilometers of attractions and five hotels are planned for the phase II of the Universal resort, Beijing officials said on Wednesday.
China's Vice Foreign Minister Xie Feng urged American companies to further promote Sino-US cooperation and push the US government to stop reckless trade and technology wars and refocus on rational and pragmatic policy toward China, in a video conference with business representatives from the US on Tuesday.
The Shanghai Consumers Council summoned Canadian luxury parka maker Canada Goose for talks on Wednesday over its controversial product return policy in the Chinese mainland, urging the firm to submit an official interpretation of the policy by noon on Thursday.
China and Russia will continue in-depth cooperation on terminal operating systems, including Russia's Aurora and Huawei's Harmony OS and openEuler, and promote exchanges between companies from the two countries, according to a joint communique released on Wednesday.
The Beijing Economic-Technological Development Area, a state-level economic and technological development zone located in Beijing's Daxing district, announced on Wednesday that it would hand out consumption vouchers worth 60 million yuan ($9.43 million) to residents who have received COVID-19 vaccination.
China's two major indexes measuring manufacturing activity of enterprises above a designated size and smaller ones have shown divergence in November, which analysts said offered insights gauging the vitality of different aspects of the world's second-largest economy.
China's economy continues to recover, and growth, employment, prices of commodities and balance of payments are generally getting back to normal. It is expected that China's annual economic growth will exceed the expected target, Chinese Vice Premier Liu He told the Hamburg Summit of China-Europe Forum, on Tuesday.
Economic and trade issues should not be politicized. If arbitrary restrictions are imposed on enterprises of other countries based on geopolitical or ideological reasons, this will definitely scare away investors and damage China-UK relations, said Zheng Zeguang, Chinese Ambassador to the UK.
Some Chinese laser industry groups have suspended cooperation and exchanges with their counterparts in Lithuania amid uncertainties and risks posed by COVID-19 pandemic as well as souring diplomatic relations due to Lithuania's provocation over the Taiwan question, and some Chinese dealers for Lithuanian laser products are facing rising hurdles.
China and Laos on Tuesday signed the first inter-governmental agreement on railway cooperation for the soon-to-launch 1,035-kilometer China-Laos railway, creating a framework for cross-border transportation, China's national railway authority said on Tuesday.
The unknowns of the new Omicron variant could exacerbate the US port logjam and push freight costs from China to the US' West Coast to a new high, a veteran industry analyst said on Tuesday, as the emergence of Omicron instantly set global shipping rates on fire.
China plans to make advancements in major technological equipment manufacturing, as the country strives to integrate informationization and industrialization in the 14th Five-Year Plan (2021-25) period, the Ministry of Industry and Information Technology (MIIT) said in an action plan it released on Tuesday.
Chinese internet giants have been eyeing on opportunities and implementing strategic plans to leverage the rapidly expanding blockchain-based digital asset industry focused on non-fungible tokens (NFT).
Chinese Foreign Ministry responded to media reports stating that “protests broke out in the Gwadar port”, Pakistan, last week against the issuance of excessive fishing rights to Chinese trawlers is fake news.
The section from North China's Shanxi Province to Hebei of China's longest coal-bed methane long-distance pipeline has completed its drying process, marking the official completion of the main pipeline, which can supply 200 million cubic meters of natural gas to northern China this winter and next spring, China National Offshore Oil Corporation (CNOOC) announced on Monday through its official WeChat account.
China has announced new rules guiding ride-hailing platforms to set an upper limit on commissions taken from drivers, as a measure to safeguard workers' labor rights and further strengthen anti-monopoly regulation in the new service industry.
China is aiming to advance the development of intelligent factories and digital workshops for key machinery and electronic equipment, as the country beefs up efforts to integrate informationization and industrialization in the 14th Five-Year Plan 2021-25period, China's Ministry of Industry and Information Technology (MIIT) said in a development plan document it released on Tuesday.
China's factory activity beat market expectations and returned to expansion in November as power shortages in some provinces were mostly resolved and prices for major raw materials fell, official data showed on Tuesday.
Suifenhe, a China-Russia border city in Northeast China's Heilongjiang Province, will suspend the import of non-container goods that require manual unloading from Tuesday, a source close to the matter told the Global Times on Tuesday.
China's manufacturing PMI for November stood at 50.1 points: NBS
Chinese President Xi Jinping announced new major measures on cooperation with Africa on Monday, charting a course for strengthened economic ties between China and the African continent, while also giving a timely, comprehensive response to the continent's most urgent needs in fighting the pandemic and reviving the economy.
China-Russia energy cooperation is accelerating onto the fast track, with energy accounting for nearly one-third of bilateral trade in the first three quarters of 2021, as leaders from the two countries sent congratulatory letters to a key energy cooperation forum.
China has granted import permits for more frozen fruits from Central and Eastern European countries, in an effort to promote export of more high-quality agricultural products from the region and expand the results of mutually beneficial cooperation, read a statement on the official website of China's Ningbo Customs District.
China's A-share market closed mixed after opening sharply lower on Monday due to concerns related to the newly discovered Omicron variant of the coronavirus, which drove Friday's massive sell-offs in the US and Europe as investors fretted about renewed uncertainty.
Hong Kong Special Administrative Region (HKSAR) Chief Executive Carrie Lam kicked off her tour of Central China's Hubei Province visiting a host of Wuhan-based companies and attending the Hong Kong-Hubei Co-operation Conference on Monday, another move that signaled Hong Kong's eagerness to integrate deeper with the mainland's economy, which experts said would benefit Hong Kong.
China's grid-connected installed wind power capacity has reached 300.15 million kilowatts, ranking first in the world for 12 consecutive years, which is 1.4 times of that of the EU at the end of 2020, and 2.6 times that of the US, newly released statistics show.
With the fresh launch of the long-anticipated Beijing Stock Exchange (BSE), the recruitment demand for researchers and talent for traders specifically dedicated to the study of BSE and its listed stocks has also surged with many roles offering attractive packages.
Baidu, JiDU Automotive and Qualcomm Technologies announced on Monday that JiDU's first production vehicle will feature an intelligent digital cockpit system assisted by Baidu and Qualcomm Technologies.
A total of 63,238 individuals in China were accused of illegally opening casinos between January 1 and September 30, 2021, a year-on-year increase of 40 percent, the Supreme People's Procuratorate said during a press conference on Monday.
Beijing-based Chinese investment company Skyrizon announced on Sunday that it has submitted the application for arbitration to the Permanent Court of Arbitration in The Hague, requesting a ruling that Ukraine had violated the Sino-Ukrainian bilateral investment agreement, demanding $4.5 billion compensation for alleged unfair treatment of Chinese investors by Ukraine.
The Chinese Embassy in Uganda on Sunday pushed back against foreign media speculations that China would “seize” control of Uganda's main international airport after the country failed to repay loans, saying that no project in Africa has been “seized” by China due to inability to replay loans.
The revenue of Hong Kong-based beverage maker Vitasoy declined by 18 percent according to its report for the first six months of fiscal year 2021/2022 released on November 25. The report also showed that the profit in this period sharply dropped by 95 percent, as a result of falling Chinese mainland sales.
China's major A-share market opened low on Monday over concerns relating to the newly discovered omicron coronavirus which drove Friday's big sell-off in the US and European stock markets as investors fret amid renewed uncertainty.
China's top economic planner the National Development and Reform Commission (NDRC) said on Monday that they summoned coal producers for a hearing meeting about further enhancing the market pricing mechanism amid the need for stabilizing long-term supply.
The Judiciary Police of the Macao Special Administrative Region (SAR) Government said on Sunday that 11 criminal suspects, including Macao tycoon Alvin Chau Cheok Wa, have been arrested and will be transferred to the local prosecutor's office for investigation, and some suspects confessed to having set up overseas gambling platforms and committing other illegal acts.
Chinese companies have been a solid force in promoting in-depth China-Africa cooperation, which has shown resilience amid the COVID-19 pandemic, and will continue to play a major role as China and Africa are set to further step up bilateral cooperation, despite rising challenges such as the pandemic and external interferences, a senior Chinese business representative told the Global Times.
A major land port in Manzhouli, North China's Inner Mongolia Autonomous Region, which borders with Russia and handles the land transportation of more than 65 percent of China-Russia bilateral trade, has tightened epidemic prevention and control work after new outbreaks were reported in the region over the weekend.
As the discovery of the new Omicron variant of COVID-19 triggered global alarms and market sell-offs over the weekend, the Chinese stock market could also suffer once the session opens on Monday. However, analysts predict that Chinese investors may be "comparatively calmer" thanks to the government's swift response and organized handling of the COVID-19 pandemic over the past year.
Hong Kong Special Administrative Region (HKSAR) Chief Executive Carrie Lam's visit to Wuhan, Central China's Hubei Province, is set to open up new opportunities for the global financial center, which is increasingly seeking enhanced communication and cooperation with various regions on the Chinese mainland.
As online sales of Black Friday, the biggest shopping spree in the US, declined for the first time in recent years due to a litany of challenges and risks, Chinese analysts said on Sunday that the US may lose its status as the world's largest consumer market to China, where the Double 11 online shopping festival two weeks ago continued to see new sales records.
China's yuan is emerging as a strong benchmark for India's rupee, as the South Asian economy is trying to maintain its export competitiveness amid accelerating changes in the global currency and macroeconomic environment.
Chinese tech giant Tencent's online payment platform Tenpay was fined 2.78 million yuan ($434,792) by the local branch of the State Administration of Foreign Exchange (SAFE) in Shenzhen, South China's Guangdong Province, where Tencent is headquartered.
Chinese tech giant Huawei revealed for the first time the “mysterious” work of its young prodigy Zhong Zhao, a young employee with an annual salary of 2.01 million yuan ($314,435), whose technology has been applied to tens of millions of Huawei smart phones, according to an article released on Huawei's online community Xinsheng in November.
China's largest natural gas storage, Hutubi gas storage under China National Petroleum Corporation (CNPC) in Northwest China's Xinjiang Uygur Autonomous Region, began to supply gas to the West-East Gas Pipeline on Friday, further ensuing the country's stable gas supply during winter and spring.
China launched a "G60 Star Chain" satellite industry zone in Songjiang District, Shanghai on Friday. The area is set to lead China's satellite industry and offer examples, experience, and become the benchmark of the industry, according to the report by the China News Service.
Chinese media reports that personal money reception codes "will be banned for business operations" is misleading, China's central bank said, adding a new regulation will close loopholes, protect the security of individual merchants' funds, and will not affect people's daily consumption payments.
China's industrial profit growth accelerated in October, growing 25 percent from a year earlier, boosted by the country's policy to secure energy supply and stabilize prices. Nonetheless, the progress is still facing uncertainty due to COVID-19.
The State Council or China's cabinet has released a guideline on promoting the high-quality development of Beijing's sub-center and easing the non-capital functions of Beijing, as well as aiming to support Beijing's sub-center in developing its digital economy.
China's cooperation with Africa has shown no signs of abating, but shows a trend of embracing faster growth and increasingly innovative models even with challenges such as instigation from some Western countries as well as the pandemic, data in a newly released white paper on China-Africa cooperation revealed.
The traditional big promotion day of Black Friday is around the corner, but widespread shipping delays cause US buyers to suffer a most expensive holiday.
A spokesperson for the Taiwan Affairs Office of the State Council slams "Taiwan independence" secessionists, saying that they continue to make irresponsible remarks relating to the mainland's punishment of Taiwan-based Far Eastern Group.
US media is trying to shift US' responsibility for thwarting the global supply chain's smooth flow onto China by hinting that the Chinese government is preventing upload of domestic ships' tracking data in Chinese waters, a veteran Chinese shipping expert said, refuting a CNN report on the phenomenon of Chinese ships going "missing" from global industry tracking systems.
China's intellectual property watchdog on Thursday rejected infringement of trademark rights claims from two Chinese street food associations. Experts said the abuse of intellectual property rights will hinder normal market order.
An official from China's top securities regulator said on Thursday that the agency was working with its US counterpart on auditing and delisting problems involving US-listed Chinese companies.
EU companies will do business with the island of Taiwan on the premise of “sticking to the one-China principle,” and will not cross the line of engaging in a “state-to-state” type of dialogue, head of the main European business group in China told the Global Times on Thursday.
Chinese officials and analysts on Thursday excoriated the US government's latest crackdown on a dozen of Chinese high-tech companies, saying the US has becoming hysterical and reckless in putting not just Chinese companies' interests at risk but also endangering the global industrial supply chain.
A number of areas in China have held off on the projects for rooftop photovoltaic (PV) power generation, as the application projects have exceeded grid capacity creating potential safety hazards, after the National Energy Administration (NEA) in June released a statement aiming to promote the rooftop PV power projects to achieve the country's double targets of carbon peak and carbon neutrality.