China-Japan aviation market sees no sign of easing, with over 2,100 flights from Chinese mainland to Japan already canceled for January next year, and 46 China-Japan routes set to have "zero flights" in the coming two weeks, industry information platform showed on Monday.

The high-speed railway (HSR) connecting southern China's Guangzhou with the coastal city of Zhanjiang was put into operation on Monday, according to a report by the Xinhua News Agency. ​

Germany's Finance Minister Lars Klingbeil has expressed frustration with Deutsche Bahn's procurement strategy, which includes a large order from German manufacturer MAN alongside a separate order for 200 electric buses from Chinese automaker BYD. He stated that the move "annoys" him and called for "healthy local patriotism" in such decisions.

China has taken a step toward in establishing a foundational law on state-owned assets, as a draft was submitted for first reading on Monday atthe ongoing session of the Standing Committee of the National People's Congress, China's top legislature.

The robot "Deep-Sea Shark 3," independently designed and manufactured by a Chinese club, participated in the battle of robots competition at the Games of the Future Abu Dhabi 2025 and defeated its foreign rival in the final to win the championship, CGTN reported on Sunday.

Multiple regions across China have rolled out consumption campaigns at the end of the year, featuring diverse promotions and immersive experiences across retail, culture and tourism, sports and services to fuel market momentum and highlight the vitality of the domestic consumer sector.

Growing numbers of Chinese mainland enterprises are flocking to the Hong Kong Stock Exchange (HKEX), a trend Chinese experts said once again reflects the Hong Kong Special Administrative Region's strengthening role as an ideal financing hub for businesses going global.

Chinese technology company Moore Threads unveiled its next-generation graphics processing unit (GPU) architecture on Saturday, supporting artificial intelligence (AI) clusters with more than 100,000 chips.

Editor's Note: As 2025 draws to a close, the Global Times is releasing a series of in-depth reports focusing on China's economic governance. Through concrete case studies and data analysis, the series explores the broader macroeconomic trends reflected in micro-level narratives, showcasing China's new achievements and insights in 2025 under the stories of the new development philosophy featuring innovation, coordination, green development, openness and shared benefits. The series review key hot-button issues of the year while reflecting on long-term strategic thinking: How China's governance offers the world the solutions and an anchor of stability. This is the second installment of the series.

Amid uncertainties shrouding the global trade landscape, the joint efforts by China and Vietnam in advancing railway construction and cross-border interconnection send a strong signal of commitment to openness, cooperation, and mutual benefit.

China's annual animated film box office has surpassed 25 billion yuan ($3.5 billion), marking the highest full-year total ever recorded for the genre in the country, China Media Group reported on Sunday.

Some US lawmakers this week targeted Chinese technology companies over allegations of assisting the Chinese military, a move that an industry analyst said was driven by political posturing and a hegemonic mindset rather than fact-based, rational judgment, and one that will further destabilize global industrial and supply chains.

China's first official license plate dedicated to Level-3 (L3) autonomous driving, "Yu-AD0001Z," was issued by authorities in Southwest China's Chongqing city, Xinhua News Agency reported on Saturday, a swift move following the central government's giving go-ahead to L3 road trial runs on December 15.

The total number of passengers at the Hainan Sanya Phoenix International Airport in Sanya, South China's Hainan Province in 2025, has set a new record high on Saturday, the state broadcaster China Central Television (CCTV) News reported on Sunday.

The robot "Deep-Sea Shark 3," independently designed and manufactured by a Chinese club, participated in the robot fighting competition at the Games of the Future Abu Dhabi 2025 and defeated its rival from a foreign club in the final to win the championship, the CGTN reported on Sunday.

China National Offshore Oil Corporation (CNOOC) on Sunday announced cumulative output from the offshore oil and gas at the Bohai Oilfield, China's largest crude oil production base, has exceeded 40 million tons, setting a new record and providing solid support for national energy security and high-quality economic and social development.

As China's consumption sector expands amid structural upgrades, policies designed to stimulate spending are gaining momentum to reinforce this key pillar of the world's second-largest economy.

On Saturday, the Global Times Annual Conference 2026, themed "Trust in China: New Journey, New Opportunities," was held in Beijing. During a discussion on the topic "An empowering country: what global dividends will the 15th Five-Year Plan deliver," former vice president of the Party School of the Communist Party of China Central Committee Li Junru said that during the 15th Five-Year Plan (2026-30) period, China will continue to advance high-level opening-up and accelerate the cultivation and growth of new quality productive forces. China's economic development will bring new opportunities and inject fresh momentum into the global economy, while countries around the world will share the substantial dividends of China's development through openness and deeper connectivity.

The just-concluded China's Central Economic Work Conference said that "2025 is a truly extraordinary year." This year, amid an increasingly complex and challenging external environment, how have China's ports, as a crucial gateway to observing China's economic growth, stabilized operations under pressure and maintained resilience amid change? What new changes and trends have emerged in the operation of China's ports, which serve as front-line hubs of foreign trade?

The just-concluded China's Central Economic Work Conference said that "2025 is a truly extraordinary year." Since this year, amid an increasingly complex and challenging external environment, how have China's ports, as a crucial gateway to observing China's economic growth, stabilized operations under pressure and maintained resilience amid change? What new changes and trends have emerged in the operation of China's ports, which serve as front-line hubs of foreign trade?

中央经济工作会议指出,今年是很不平凡的一年。2025年以来,面对更趋复杂严峻的外部环境,作为观察中国经济脉动的重要窗口,中国港口如何在压力下稳住运行、在变局中保持韧性？作为外贸前沿枢纽,中国港口运行又呈现出哪些新变化、新趋势？

The value of zero-tariff goods imported through customs supervision of the Hainan Free Trade Port (FTP) reached 360 million yuan (about 51 million U.S. dollars) on Thursday, the first day of the island-wide special customs operations.

China's Central Economic Work Conference in December offers an essential mechanism to analyze the economic performance of the past year, identify newly emerged challenges, and provide clear guidelines for the next stage of the economic orientation. It serves as an important regulatory checkpoint to establish a clear understanding of the policy direction for all levels of the economic process.

Foreign companies are optimistic about the development prospect in the Hainan Free Trade Port (FTP) after the launch of island-wide special customs operations on Thursday, seeing it as a clear signal of China's unwavering commitment to high-standard opening-up. They told the Global Times that the island's unique status will unlock significant new opportunities for their businesses.

As China advances toward high-standard opening-up, building a key gateway to drive the country's opening up in the new era, is central to the Hainan Free Trade Port (FTP) strategy. It is not only a major national initiative but also Hainan's historical responsibility. The launch of island-wide special customs operations on December 18 this year serves as a landmark move by China to unwaveringly expand high-standard opening up and promote the development of an open global economy.

China and Australia held the 5th Strategic Economic Dialogue via video link on Friday, during which both sides engaged in in-depth exchanges on topics such as the global economic outlook, China-Australia macroeconomic conditions, and investment policies and trends between the two countries, according to the report published on the official WeChat account of the National Development and Reform Commission (NDRC), China's top economic planner, on Friday.

Finland-based airline Finnair told the Global Times on Friday that it condemns all forms of discrimination and inappropriate behavior when asked to comment on discriminatory actions of Miss Finland and some Finish members of parliament (MPs). It also noted that an old advertisement that some netizens found discriminatory does not reflect its values, and vowed to ensure that its visual materials reflect cultural understanding, respect, and modern standards.

Responding to a media inquiry for comment that China has reportedly filed a complaint with the WTO against India's tariffs on information and communication products and its photovoltaic subsidy measures, and asked for further details, a spokesperson for China's Commerce Ministry (MOFCOM) said on Friday that China requested consultations with India at the WTO regarding India's tariffs on information and communications technology (ICT) products and Indian photovoltaic subsidy measures on the same day.

China has issued a guideline on Friday requiring all provincial-level governments and departments to fully ensure equal treatment for domestic and foreign-invested enterprises in government procurement according to relevant laws. This was a follow-up to a notice regarding the implementation of domestic product standards and related policies for government procurement, released in September, which was scheduled to enter into force from January 1, 2026.

China's Ministry of Commerce (MOFCOM) announced on Friday that the country will continue to impose anti-dumping duties on Ethylene Propylene Diene Monomer (EPDM) originating from the US, South Korea, and the EU during the expiry review investigation of the anti-dumping measures.

In response to a question regarding media reports about China recently issuing new rare earth export licenses, Guo Jiakun, a spokesperson for China's Foreign Ministry, told a press conference on Friday that “I'd refer you to competent authorities for specific details,” while adding that the Chinese side implements export controls on rare earth-related items in full compliance with laws and regulations, and these measures are not directed at any particular country.

A spokesperson of the Chinese Ministry of Foreign Affairs reiterated on Friday that China's position on the TikTok issue remains clear and consistent. Spokesperson Guo Jiakun made the remarks in response to a foreign journalist's question at a regular press conference on whether China has approved a joint venture agreement regarding TikTok and the ministry's comments on the matter as Reuters and other foreign media reported, on December 18 local time, TikTok CEO Shou Zi Chew issued an internal letter updating the progress of TikTok's US operations.

China's first high-altitude cave-style computing cabin intelligent computing center officially commenced operations at the Lianghekou hydropower plant, in Southwest China's Sichuan Province, CCTV News reported on Friday.

Finland-based airline Finnair has said that it condemns all forms of discriminatory behavior after some individual Finish politicians' social media posts prompted criticism, and it understands why an old advertisement sparked "justified criticism."

An increasing number of Chinese catering brands from tea cafes to food stores are putting down roots in the US market, with Chinese beverage company Mixue becoming a fresh example, as it announced plans on Thursday to open its first store in Los Angeles.

Travel demand to the island province of Hainan in South China surged after the island-wide special customs operations officially started on Thursday.

In responses to media inquiries concerning China-EU trade and economic ties, China's Ministry of Commerce (MOFCOM) on Thursday urged the Europe Union (EU) to exercise restraint, refrain from protectionist moves and focus on settling issues through dialogue and consultation.

Shenzhen, in South China's Guangdong Province, processed 56,000 departure tax refund transactions in the first 11 months of this year, a thirteen-fold year-on-year increase. Sales that were eligible for refunds rose 2.4 times, while "buy-and-refund-on-the-spot" sales skyrocketed nearly fortyfold. Incoming travelers from more than 160 countries and regions completed departure tax refund procedures in Shenzhen, local authorities reported on Thursday.

China provides opportunities that go well beyond traditional merchandize trade. It offers technology, industrial expertise, and partnerships at a scale unmatched anywhere else, said Minister of Commerce and Industry of Somalia Gamal Mohamed Hassan on Thursday.

With just 24 hours to go before Hainan Free Trade Port's (FTP) island-wide special customs operation takes effect on Thursday, the island province is preparing to enter a new phase of trade liberalization and border management reform. Officials and experts said the package of facility upgrades, digital systems and regulatory adjustments will help accelerate Hainan's integration into global supply chains and support its ambitions as China's leading free trade port.

Japanese carmaker Honda told the Global Times on Thursday that the temporary suspension of production at its China plants was affected by semiconductor supply. As a result, production at Honda's joint venture plant with GAC Group will be adjusted on December 30 and 31, while Dongfeng Honda plants will not be affected.

China has always maintained that the essence of China-EU economic and trade relations is complementary advantages and mutual benefit, and China-EU economic and trade cooperation is the result of a combination of factors, including differences in the economic development stages and industrial structures of both sides, as well as changes in market demand, He Yadong, a spokesperson for the Chinese Commerce Ministry, said on Thursday.

China recently decided to implement export license management for certain steel products, mainly covering 300 customs codes including steel materials, and the primary objective is to enhance the monitoring and statistical analysis of steel product exports and track the quality of exported products, He Yadong, a spokesperson for China's Ministry of Commerce (MOFCOM), said on Thursday.

Responding to a media question regarding whether the ministry could provide an update on the latest progress in the negotiations between China and the EU on electric-vehicle (EV) tariff issue and a minimum-price scheme for EVs, China's Ministry of Commerce (MOFCOM) spokesperson said on Thursday that China and the European Union are holding consultations on the ongoing EV case, and reiterated China's willingness to resolve differences through dialogue.

China's Ministry of Commerce (MOFCOM) has received and approved some general export license applications for rare earth-related items submitted by Chinese exporters, a spokesperson for the MOFCOM said on Thursday, when asked whether the ministry can confirm EU officials' claim that China has begun issuing longer-term rare earth export licenses to European companies.

China strongly opposes the European Commission (EC)'s recent intensive foreign subsidies regulation (FSR) investigations into multiple Chinese companies, and vowed to take necessary measures to safeguard the legitimate rights and interests of Chinese companies, a spokesperson for China's Ministry of Commerce said on Thursday, according to the Xinhua News Agency.

China's first ±800-kilovolt ultra-high-voltage (UHV) power transmission project extending into the heart of the Qinghai-Tibet Plateau officially entered operation at midnight on Thursday, China Central Television (CCTV) reported, marking a major step in optimizing cross-regional energy allocation and advancing the clean energy transition.

The island-wide special customs operations in #Hainan are "an unprecedented opportunity" for the offshore wind power sector, an industry player told the Global Times. Hainan's policy incentives are expected to continue to attract upstream and downstream enterprises in the industry chain to gather in Hainan.

The Hainan Free Trade Port (FTP) officially launched island-wide special customs operations on Thursday, with a package of policies — including zero tariffs and preferential tax rates — taking effect, marking another milestone in China's opening-up.

China's urban unemployment rate for the age groupbetween 16-24excluding students, stood at 16.9 percent in November, which showed improvement from the 17.3-percent reading in October. The rate for the 25-29 age group, excluding students, was 7.2 percent, unchanged from October, the National Bureau of Statistics (NBS) said on Thursday.

A new mineral — a nickel-bismuth-antimony-arsenic sulfide — discovered in South China's Guangxi Zhuang Autonomous Region and proposed by researchers from the Chinese Academy of Geological Sciences has been officially approved, with its Chinese name designated as Jinxiuite, China Media Group learned from China Geological Survey under the Ministry of Natural Resources on Wednesday.

The move is widely seen as a landmark step in China's ongoing efforts to promote free trade and expand high-standard opening-up at a time of rising protectionism worldwide.

Editor's Note: The annual Central Economic Work Conference (CEWC) was held in Beijing from December 10 to 11. Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, Chinese president and chairman of the Central Military Commission, delivered an important speech at the conference.

The People's Bank of China (PBC), the country's central bank, said on Wednesday that it has completed the financial preparations for Thursday's launch of island-wide independent customs operations in the Hainan Free Trade Port (FTP).

The world's largest ice-and-snow theme park, the 27th edition of the Harbin Ice-Snow World, officially opened its gates to visitors on Wednesday in Harbin, the capital of Northeast China's Heilongjiang Province, heralding the upcoming winter tourism peak in the "ice city."

The faster growth of imports in various inland regions highlights a more balanced pattern of opening-up and demand expansion. The growing trend underscores how inland provinces that were not traditionally major foreign trade players are increasingly integrating into global supply chains as China advances high-level opening-up and industrial upgrading.

Wednesday was the first anniversary of China's 240-hour visa-free transit policy, which took effect on December 17, 2024. This landmark policy facilitates entry for foreign travelers from 55 eligible countries through 65 ports across 24 Chinese provinces.

China's durian market is worth about 128 trillion rupiah ($7.66 billion) per year, and Indonesia's climate and diverse varieties position it to become a stable, sustainable supplier, an Indonesian business insider said on Wednesday.

Nanjing, East China's Jiangsu Province, has increased its support for Taiwan youth looking to start a business in the Chinese mainland in recent years, with positive outcomes achieved, the Global Times learned.

The Recommendations of the Central Committee of the Communist Party of China (CPC) for Formulating the 15th Five-Year Plan for National Economic and Social Development states, "We should improve the long-term mechanisms for facilitating the participation of private enterprises in major projects and better leverage the guiding role of government investment funds, so as to spur private investment, increase its overall share, and boost growth momentum for market-driven effective investment."

China will steadfastly advance new industrialization and expand high-level opening-up, creating more opportunities for foreign-invested enterprises, including AMD.

China's tech innovation, economic flexibility and openness to cooperation provide convincing evidence that the country will continue to succeed in 2026 despite challenges, said Hans-Peter Friedrich, former vice president of German Bundestag and chairman of the German-Chinese parliamentary group, in an interview with the Global Times.

Airbus said on Wednesday that it has delivered its 800th A320 Family aircraft assembled at its Final Assembly Line (FAL) in North China's Tianjin Municipality, according to a press release sent to the Global Times.

China has consistently opposed unilateral sanctions that violate international law and are not authorized by the UN Security Council, Chinese Foreign Ministry Spokesperson Guo Jiakun said on Wednesday, when asked whether an EU decision to use frozen Russian assets to aid Ukraine would undermine China's confidence in the EU's business environment, as the European Commission hopes to make a decision at an upcoming summit.

China's another GPU maker, MetaX, debuted at the STAR Market of the Shanghai Stock Exchange on Wednesday. By the close of the trading on Wednesday, the company's share price surged by 692.95 percent, closing at 725.24 yuan ($102.99) per share, pushing the company's market capitalization to nearly 332 billion yuan.

A court in Shenzhen, Guangdong Province, South China, on Tuesday handed down first-instance verdict to six related cases involving the smuggling of antimony ingots, a dual-use item on China's export control list, sentencing the ringleader to 12 years in prison.

The European Commission unveiled a planon Tuesday to drop the EU's effective ban on new combustion-engine cars from 2035 after pressure from the region's auto sector, “marking the bloc's biggest retreat from its green policies in recent years,” the Reuters reported.

French President Emmanuel Macron on Tuesday penned a piece urging a rebalancing of economic relations between the European Union (EU) and China, stressing that placing tariffs and quotas on Chinese imports would be "an uncooperative answer."

Following the launch of island-wide special customs operations on Thursday, the Hainan Free Trade Port (FTP) will establish a policy and institutional framework compatible with a high-level free trade port in a phased manner, which will further accelerate its opening-up, according to a Hainan FTP official.

Expanding domestic demand will be the top priority of China's economic policy in 2026, according to an official from the Office of the Central Committee for Financial and Economic Affairs.

Expanding domestic demand will be China's top priority next year, with a focus on boosting consumption by addressing structural changes and taking efforts from both the supply and demand sides, said an official from the Office of the Central Committee for Financial and Economic Affairs said in an interview with the Xinhua News Agency on Tuesday, while explaining the spirit of the 2025 Central Economic Work Conference.

Hong Kong Exchanges and Clearing Ltd (HKEX) CEO Bonnie Y Chan highlighted in a blog post on Tuesday that 2025 was a bustling year for the exchange, with a surge of major IPOs and record-breaking trading volumes. She noted that two key drivers are fueling this trend: the global push for capital diversification and China's shift toward a high-value, innovation-led growth model.

The world's largest integrated green hydrogen-ammonia-methanol project officially began operations on Tuesday in Songyuan, Northeast China's Jilin Province. A Chinese expert said that the launch marks a key breakthrough in further strengthening China's ability to manage renewable energy supply while enabling continuous and stable chemical production, and offers a model for the global commercialization of green hydrogen.

Chinese electric carmaker XPeng Motors has obtained a Level-3 (L3) autonomous driving road test license in Guangzhou, South China's Guangdong Province, and launched normalized L3 road testing, the company told the Global Times on Tuesday.

About 800 people from the Chinese mainland and Taiwan gathered on Tuesday in Nanjing, East China's Jiangsu Province, to discuss cross-Strait industrial transformation, innovation and cooperation, according to the Xinhua News Agency.

Exaggerating China's trade surplus figures is just one manifestation of how the US and some European countries view China's development through a zero-sum lens.

Ferdinand Dudenhöffer, director of the private Center Automotive Research (CAR) in Bochum, Germany, forecasts that Asian countries (China, South Korea, and Japan) will drive growth in global automotive production and sales in 2026, German media outlet Handelsblatt reported on Monday.

Lisa Su, chair and chief executive of Advanced Micro Devices (AMD) led a delegation of senior executives to visit Lenovo Group's global headquarters in Beijing on Tuesday, Global Times learned from Lenovo.

In response to widespread public attention on the State Administration for Market Regulation's (SAMR) recent announcement approving, with restrictive conditions, the establishment of a new joint venture between the National Copper Corporation of Chile (Codelco) and Chilean chemical company Sociedad Química y Minera (SQM), SAMR spokesperson Wang Qiuping said on Tuesday that the case "represents an important practice of China's antitrust review in the critical minerals sector, with significant enforcement outcomes."

Editor's Note: As 2025 draws to a close, the Global Times is releasing a series of in-depth reports focusing on China's economic governance. Through concrete case studies and data analysis, the series explores the broader macroeconomic trends reflected in micro-level narratives, showcasing China's new achievements and insights in 2025 under the stories of the new development philosophy featuring innovation, coordination, green development, openness and shared benefits. The series review key hot-button issues of the year while reflecting on long-term strategic thinking: Hhow China's governance offers the world the solutions and an anchor of stability. This is the first installment of the series.

China will begin imposing anti-dumping duties for five years on certain pork and pig by-products imported from the European Union (EU) from December 17, 2025, concluding an 18-month probe launched in June 2024. Trade experts said the ruling was "objective" and "impartial," citing full compliance with China's domestic laws and World Trade Organization (WTO) rules.

The world's largest-diameter high-speed railway shield tunneling machine independently developed by China, “Linghang,” for the Chongming-Taizhou tunnel under Yangtze River, marked the 10,000-meter tunneling milestone on Tuesday, with only 1,000 meters remaining to the southern bank of the Yangtze River.

While large-scale Taiwan manufacturing investments on the Chinese mainland have often captured headlines, a significant while quiet shift is underway.

Commenting on the final ruling in the anti-dumping investigation into imports of pork and pig by-products originating in the European Union, a spokesperson for China's Ministry of Commerce (MOFCOM) said on Tuesday that the investigation was launched on June 17, 2024 at the request of the China Animal Agriculture Association.

China will begin imposing anti-dumping duties for five years on certain pork and pig by-products imported from the European Union from December 17, 2025, after concluding that the products were dumped and caused material injury to the domestic industry, the Ministry of Commerce (MOFCOM) announced on Tuesday.

Chinese Vice Premier Ding Xuexiang and Singaporean Deputy Prime Minister Gan Kim Yong co-chaired four bilateral cooperation mechanism meetings in Southwest China's Chongqing Municipality on Monday, the Xinhua News Agency reported.

Chinese engineers are building an innovative subsea tunnel here using a pioneering "cut-and-cover with cofferdam" method, drawing broad recognition for its technical advancement and efficient execution.

China's railway network handled a record-high number of passenger trips during the first 11 months of 2025, data from the country's railway operator showed Tuesday.

The provincial government of South China's Hainan Province on Tuesday released an official announcement saying that the Hainan Free Trade Port (FTP) will formally launch island-wide special customs operations from Thursday.

China's first large-scalebio-methanol project has officially entered full operation on Tuesday, which marks the country's strategic extension in the clean fuel sector including from hydrogen energy to advanced liquid fuel, according to a report bystate broadcaster China Central Television (CCTV) on Tuesday.

China on Monday granted road approval for two electric sedan models equipped with Level-3 autonomous driving capabilities, in the first time it has allowed such vehicles to operate on public roads.

A LandSpace representative said that if the final descent ignition of the reusable Zhuque-3 rocket during the recovery phase had gone as planned, the company would have achieved its goal.

China's ice-and-snow economy is undergoing rapid development. What was once a sector driven largely by major sporting events is evolving into a sustainable industrial ecosystem underpinned by advanced manufacturing, technological innovation, and green development. This shift opens new growth space for global cooperation across the ice-and-snow value chain and provides a lens to observe China's broader transition toward high-quality economic development.

Dim sum bonds – yuan-denominated bonds issued outside the Chinese mainland, mainly in Hong Kong – have hit a new high so far this year, eclipsing the full-year 2024 record. This marks the eighth straight year of growth, public data showed. Analysts and industry insiders said the data signaled a vote of confidence in China's economy and yuan stability.

Along with the implementation of a visa-free regime for Chinese tourists traveling to Russia that has been in place since December 1, the Moscow City Tourism Committee expects visa-free entry to become an additional driver of tourist growth in 2026 on top of already strong momentum.

The Shenzhen Stock Exchange (SZSE) on Monday began its regular constituent adjustments for several major indices, including the Shenzhen Component Index, the ChiNext Index, the Shenzhen 100 and the ChiNext 50.

China's economy sustained stable momentum with steady progress in November, with new quality productive forces developing at a solid pace, an official of the National Bureau of Statistics (NBS) on Monday, as the NBS released a slew of economic data.

Companies from both sides of the Taiwan Straits said that they see vast opportunities in the digital economy as the country continues to push for high-quality growth in the next phase of development. Business executives spoke at a supply chain cooperation event in Nanjing, East China's Jiangsu Province, on Monday, ahead of the 2025 annual conference of the Cross-Strait CEO Summit, which is set to be held from Tuesday to Wednesday.

China's economy continues to demonstrate stability, progress, and resilience, providing much-needed confidence to the world economy.

In an era marked by intensifying geoeconomic frictions and disruptions to global value chains, economic governance has become a far more complex task for major economies. Under such circumstances, governing a country of China's scale requires a highly mature and finely calibrated system of political coordination - one capable of maintaining national cohesion while organizing systematic and creative responses to external shocks.