Economy
Chinese company Origin Quantum's self-developed fourth-generation "Origin Wukong-180" superconducting quantum computer officially went online on Saturday and has begun accepting quantum computing tasks from around the world, its developer told the Global Times.
By Global Times | 2026/5/9 14:48:12
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  • China's imports, exports surge 14.9% in Jan-Apr; robust growth shows trade advantages amid global turbulence: expert

    China's total foreign trade in first four months of 2026 logged 16.23 trillion yuan ($2.39 trillion), up 14.9 percent year-on-year, with exports rising by 11.3 percent year-on-year to 9.33 trillion yuan and imports rising 20 percent year-on-year to 6.9 trillion yuan, China's General Administration of Customs released on Saturday.

    By Tao Mingyang | 2026/5/9 13:11:04
  • China's foreign trade expands 14.2 pct in April

    China's foreign trade in yuan-denominated terms grew 14.2 percent year on year in April, data from the General Administration of Customs showed on Saturday.

    By Xinhua | 2026/5/9 11:13:04
  • China's three major shipbuilding indicators rank 1st globally in Q1 2026

    China's shipbuilding industry maintained its global lead across all major indicators in the first quarter of 2026, with shipbuilding completion volume reaching 15.68 million deadweight tons (DWT) during the period, up 46 percent year-on-year, per official data, highlighting the country's continued strength in the global maritime manufacturing sector amid robust international demand for large vessels and high-end ship types.

    By Global Times | 2026/5/9 11:09:17
  • Multiple foreign firms report robust performance in Chinese market in Q1

    Multiple foreign enterprises from sectors including food and beverage and electric vehicles posted sound performances in the Chinese market in the first quarter amid the country's better-than-expected economic growth and policy measures to effectively expand domestic demand.

    By Ma Jingjing and Tu Lei | 2026/5/8 21:51:50
  • All flights on 30 China-Japan routes cancelled in April: data analysis platform

    In April, all flights on 30 China-Japan routes were cancelled, data from Chinese industry information provider Flight Master showed on Friday.

    By Global Times | 2026/5/8 21:30:27
  • Zero-carbon industrial park in Xiong'an signifies China's green transition

    Construction of China's first zero-carbon industrial park evaluated under national standards was recently completed in the Xiong'an New Area in North China's Hebei Province, according to the Science and Technology Daily.

    By Zhang Sheng | 2026/5/8 21:17:15
  • New quality productive forces to buoy China's economy during coming 5 years

    China's economic performance in the first quarter of 2026 has defied global headwinds, coming up with a significant expansion that underscores the resilience of the world's second largest economy. One of the most compelling highlights is the accelerated development of new quality productive forces, where breakthroughs in AI, green technology, and high-end manufacturing are signaling a robust structural transformation and across-the-board industrial upgrading.

    By Erik Solheim | 2026/5/8 21:12:18
  • Unitree confirms with GT after its G1 humanoid robot reportedly ordained as Buddhist monk in S. Korea; netizens call it 'cyberpunk' as robot expands real-world applications

    On Wednesday, as a humanoid robot appeared in the courtyard in front of Jogye Temple, located in central Seoul, and recited the Five Precepts in a clear voice, laughter and gasps of awe erupted simultaneously at the scene, according to South Korean media reports. With the Jogye Order, South Korea's largest Buddhist sect, unveiling the ordination ceremony for the nation's first "robot monk" ahead of Buddha's Birthday, the robot monk, who received the Dharma name "Gabi," instantly became the center of attention.

    By Zhang Weilan | 2026/5/8 21:06:34
  • Falling prices, broad use scenarios fuel Chinese adoption of humanoid robots

    Driven by constant tech breakthroughs and growing market adoption, humanoid robots in China are undergoing a notable wave of price cuts this year.

    By Tao Mingyang and Zhang Yiyi | 2026/5/8 21:05:46
  • China's high-tech products break down monopolies, make emerging tech accessible for people in more countries: FM rebuts 'China Shock 2.0' claims

    China's development has never been a "shock" to anyone; rather, it is a positive force driving shared progress for all countries. What truly disrupts the world is not the innovation of Chinese enterprises or the efficiency of China's capacity, but protectionist practices such as erecting walls, imposing barriers, and pursuing decoupling and supply chain disruption, Chinese Foreign Ministry spokesperson Lin Jian said on Friday.

    By Global Times | 2026/5/8 17:37:59
  • China urges EU to view bilateral trade ties objectively, stop detrimental actions: FM responds to draft revision of EU Cybersecurity Act

    China urges the European Union (EU) to take a comprehensive, objective and positive view of China-EU economic and trade relations, abide by the rules of the World Trade Organization and market principles, and stop its detrimental actions. If the EU insists on turning the law into legislation and discriminates against Chinese companies, China will take measures to safeguard the legitimate rights and interests of Chinese enterprises, Foreign Ministry spokesperson Lin Jian said on Friday.

    By Global Times | 2026/5/8 16:57:58
  • China, US maintain communication on President Trump's visit to China: FM in response to media inquiry on topics of China-US summit

    In response to a foreign media question asking when the Chinese side will officially announce relevant information about the China-US presidential meeting, what expectations China has for this meeting, and what major topics the two sides will focus on, as US President Donald Trump recently said that the China-US leaders' meeting will be held as scheduled, Lin Jian, spokesperson for China's Foreign Ministry, told a press conference on Friday that China and the US maintain communication on President Trump's visit to China, and that he has no further information to provide at this time.

    By Global Times | 2026/5/8 16:08:26
  • Brazil's Lula insists on open investment in rare earths, not excluding China, during talks with Trump; move defies US pressure: Chinese experts

    Brazilian President Luiz Inácio Lula da Silva told US President Donald Trump on Thursday at the White House that Brazil's rare-earth reserves are open to investment from any country.

    By GT staff reporters | 2026/5/8 13:18:57
  • Crowds at Huaqiangbei reflect opportunities in China's growing AI sector

    In recent days, an increase of international buyers at Huaqiangbei, Shenzhen's well-known electronics area, has attracted media attention. On Wednesday, Shenzhen Fabu republished a media report describing the area as the part of the city most frequented by foreign buyers. While the description carries a local perspective, it points to a clear reality: International traders are drawn to China's artificial intelligence (AI) products.

    By Hu Weijia | 2026/5/7 22:11:27
  • Brazil reclaiming top global ranking for Chinese investment reflects potential as co-op diversifies: expert

    A rise in Chinese investment to Brazil has helped the South American country to reclaim the top spot globally for investment from China in 2025, according to Reuters, citing a report released on Thursday by the Brazil-China Business Council (CEBC).

    By Chu Daye | 2026/5/7 22:05:39
  • Brazil to grant visa-free entry for Chinese citizens holding ordinary passports starting from May 11

    The Brazilian government announced on Thursday that, starting from May 11, 2026, Chinese citizens holding ordinary passports will be granted visa-free entry to Brazil, the Xinhua News Agency reported.

    By Yin Yeping and Tu Lei | 2026/5/7 20:27:03
  • China tourism continues to surge - exclusive interview with Li Huixin, head of China's tourist office in Budapest

    As the global tourism market accelerates its recovery, China is welcoming international visitors with greater openness, convenience, and diversity. In a recent interview, Li Huixin, Director of the China National Tourist Office in Budapest, provided a comprehensive overview of China's latest tourism policies, visitor experiences, China-Hungary cooperation, and future trends, outlining a dynamic new vision for China's tourism development.

    By Daily News Hungary | 2026/5/7 19:28:47
  • China firmly opposes EU ban on Chinese inverters, will take measures to safeguard legitimate rights, interests: MOFCOM

    Commenting on reports that certain EU official claimed the EU would prohibit funding support for projects using inverters from China and other so-called "high-risk countries," a spokesperson of China's Ministry of Commerce (MOFCOM) said on Thursday that China firmly opposes the move and will take measures to safeguard the legitimate rights and interests of Chinese enterprises.

    By Global Times | 2026/5/7 18:23:11
  • China supports Cuba in safeguarding national sovereignty, security, urges US to lift blockade: Chinese FM on US escalation of sanctions

    Asked to comment on the US recent escalation of sanctions against Cuba, after it announced a series of new measures to further tighten sanctions on Cuba, targeting key sectors of its economy, which continues long-standing collective punishment and coercive policies against the Cuban people, with the apparent aim of regime change, Lin Jian, a Foreign Ministry spokesperson, said at a regular press conference on Thursday that China had already stated its position on the relevant US executive orders.

    By Global Times | 2026/5/7 15:38:09
  • China is deeply concerned about attacks on UAE facility and firmly opposes any actions that escalate tensions in the region: Chinese FM

    The Chinese side is deeply concerned about the attacks on the United Arab Emirates (UAE) and firmly opposes any actions that escalate tensions in the region, Chinese Foreign Ministry spokesperson Lin Jian said on Thursday, in response to a question seeking comment on Iranian attacks on Fujairah Oil Industry Zone in the UAE and ships in Strait of Hormuz.

    By Global Times | 2026/5/7 15:30:51
  • Political pretext targets Chinese investment as Pirelli expands in US; scrutiny against lawful investment threatens market credibility: expert

    Italian tiremaker Pirelli will reportedly start producing its Cyber Tyres in the US, the company said, after the Italian government moved to curb the influence of the tiremaker's Chinese investor Sinochem. Chinese analysts said the move reflects how certain Western markets are broadening the use of security pretexts to subject Chinese companies to unfair scrutiny, warning that such practices will deepen long-term distrust in Europe's investment environment.

    By Ma Tong | 2026/5/7 14:22:00
  • Chinese aviation regulator issues licenses for pilots to fly home-made airships

    China's aviation regulator has issued the first batch of pilot licenses to fly domestically made airships, which marks a significant step in the country's efforts to train airship operators and support the development of the low-altitude economy.

    By Global Times | 2026/5/7 10:53:11
  • S.Korea's Samsung to halt home appliance sales in China, signaling rise of local rivals

    South Korea's Samsung Electronics announced on Wednesday that it will cease sales of all home appliance products in the Chinese mainland, including televisions and monitors, while mobile phone is still on sale, according to a statement published on its official website on Tuesday.

    By Tao Mingyang | 2026/5/6 23:16:28
  • Spring blossoms

    A worker sorts freshly harvested roses in Hai'an, East China's Jiangsu Province on May 6, 2026. The local government has vigorously developed a rose cultivation industry and promoted agrotourism. A flower-themed tourist site in the area, which opened on February 15 this year, had received more than 30,000 visitors as of March 9, according to local media reports. Photo: VCG

    By Global Times | 2026/5/6 23:03:38
  • China calls for preventing AI from becoming 'a game' for a few wealthy countries at UN

    The Permanent Mission of China, the Permanent Mission of Zambia, and the China Association for Science and Technology, on Monday co-hosted a meeting of the Group of Friends for International Cooperation on AI Capacity-Building at the UN headquarters in New York. Chinese delegates called for preventing artificial intelligence (AI) from becoming a game for a few wealthy countries, and said that people around the world should be able to equally share the digital dividends of AI, according to media reports on Wednesday.

    By Zhang Yiyi | 2026/5/6 22:59:38
  • Forge a fulfilling youth with solid work and responsibility

    Pei Xianfeng, who was born after 1990, rose from an ordinary welder to become the chief welding technician of China Petroleum First Construction Corp. He has received honors including the National Model Worker title and the China Youth May Fourth Medal. Five years ago, during an interview, when asked about the secret to his welding skills, he said: "there is no secret – just dedicated learning and hard practice. If you're a worker, strive to be the best!"

    By People's Daily | 2026/5/6 22:55:17
  • China's MIIT to lift standard quality to boost service robots for special needs

    China's Ministry of Industry and Information Technology (MIIT) has released a draft action plan targeting quality upgrades in light industry products, proposing to formulate new standards for emerging categories such as pet household appliances and service robots designed for special-needs groups.

    By Global Times | 2026/5/6 22:51:51
  • NW China's Gansu identifies 151 types of key minerals, says vice governor

    Northwest China's Gansu Province has significantly strengthened its mineral resource base status by identifying 151 types of minerals and verifying resource reserves for 105 of them, according to a report by the China News Service, citing a senior provincial official.

    By Tao Mingyang | 2026/5/6 22:48:49
  • Xizang's booming e-commerce highlights inland China's consumption, import potential

    From yak meat sold through livestreams to packages delivered directly to doorsteps, e-commerce is gradually extending its presence in everyday life in Southwest China's Xizang Autonomous Region. Despite its rugged terrain and late entry into digital markets, the region is increasingly integrated into broader commercial networks, allowing local producers to reach more consumers while improving the distribution of goods within local communities.

    By Hu Weijia | 2026/5/6 22:45:26
  • China's MIIT approves first commercial pilot program for satellite-based IoT services

    China's private space company Beijing Guodian High-Tech Technology Co has received approval from Ministry of Industry and Information Technology (MIIT) to conduct the country's first commercial pilot program for satellite-based Internet of Things (IoT) services, the company told the Global Times on Tuesday.

    By Global Times | 2026/5/6 20:11:32
  • China's tech-heavy STAR 50 Index hits a new record high on AI-driven rally Wednesday

    China's tech-heavy STAR 50 Index, tracking the 50 largest and most liquid stocks on the high-tech board, soared to a record high on Wednesday fueled by extraordinary financial performances of semiconductor, artificial intelligence (AI) and battery companies.

    By Ma Jingjing | 2026/5/6 19:30:55
  • EU's CSA2 revision may cost bloc €367.8bn if Chinese suppliers are forced out: CCCEU

    The EU's proposed revision of the Cybersecurity Act (CSA2) could carry a price tag of nearly €367.8 billion ($431.5 billion) if it forces the replacement of Chinese suppliers across 18 critical sectors, a report that the China Chamber of Commerce to the EU (CCCEU) sent to the Global Times on Wednesday showed.

    By Liu Yang | 2026/5/6 19:20:08
  • FM spokesperson responds to Rubio's threat to impose secondary sanctions if China ignores US sanctions against Iran

    The Chinese government opposes illicit unilateral sanctions that have no basis in international law or authorization of the UN Security Council. Relevant measures are concrete steps to implement the Rules on Counteracting Unjustified Extra-territorial Application of Foreign Legislation and Other Measures in line with the law, Foreign Ministry (FM) spokesperson Lin Jian said on Wednesday.

    By Global Times | 2026/5/6 17:26:04
  • Only ceasefire can ease current tension: FM spokesperson on US asking China to pressure Iran over Hormuz

    Only an early and comprehensive ceasefire can create the necessary conditions to ease current tensions in the Strait of Hormuz, said Chinese Foreign Ministry spokesperson Lin Jian on Wednesday, in response to a request for comment on a reporter's claim that the US government has asked China to pressure Iran to reopen the Strait of Hormuz.

    By Global Times | 2026/5/6 16:54:13
  • China's May Day box office edges up as "Vanishing Point" tops holiday charts

    China's box office for the five-day May Day holiday ending on Tuesday totaled 758 million yuan (about 110 million U.S. dollars), slightly surpassing the total for the same period last year, data from the China Film Administration showed Wednesday.

    By Xinhua | 2026/5/6 13:57:01
  • Repeated attempts to 'break China's stranglehold' undermine West's rare earth self-sufficiency drive; internal rifts make 'small circles' unsustainable: expert

    With G7 countries reportedly stepping up coordination on critical minerals and discussing ways to reduce reliance on China, Chinese experts warned that repeatedly framing China as the problem could leave Western supply chain initiatives trapped in a deadlock, arguing that “de-risking” should not come at the expense of free trade principles.

    By Chen Qingrui | 2026/5/6 13:18:43
  • EU reportedly plans new trade weapon against China over 'overcapacity'; move reflects bloc's growing insecurity about China's industrial strength: Chinese expert

    Brussels is actively seeking support from EU industry groups for its new trade weapon aimed at countering Chinese “overcapacity,” South China Morning Post (SCMP) reported on Tuesday. A Chinese expert said the EU is displaying increasing insecurity over China's economic and industrial competitiveness, sparking concerns over protectionism and urging the bloc to stop discriminatory trade restrictions against China.

    By Global Times | 2026/5/6 13:12:24
  • May Day holiday sees 11.279m cross-border trips

    Overseas tourists made 1.255 million inbound trips during China's 5-day May Day holidays, a year-on-year surge of 12.5 percent, with 436,000 foreign visitors entering the country via the visa exemption policy, up 14.7 percent year-on-year, according to a Xinhua News Agency report, citing the latest data from the National Immigration Administration (NIA).

    By Qi Xijia | 2026/5/6 12:26:04
  • China's rapidly improving chargers network bolsters NEV market penetration

    During the just-concluded May Day holidays, new-energy vehicles (NEVs) were increasingly visible on China's highways, including for long-distance family trips, according to media reports.

    By Hu Weijia | 2026/5/5 22:48:53
  • China (Shaanxi)-US economic, trade matchmaking event held in New York

    An economic and trade matchmaking conference, jointly hosted by the Shaanxi Council for the Promotion of International Trade and New Jersey-based Council for Trade and Investment Promotion, was held in New York on Monday local time, the Xinhua News Agency reported.

    By Yin Yeping | 2026/5/5 22:05:48
  • Chengdu-Chongqing Middle Line High-speed Railway completes full box girder erection, laying solid foundation for early opening and operation: report

    The Chengdu-Chongqing Middle Line High-speed Railway, a major transportation link in Southwest China, saw the successful completion of its full box girder erection work on Tuesday, as the final 32-meter-long box girder, weighing about 700 tons, was steadily installed onto the piers of the Jialing River Grand Bridge. This step lays a solid foundation for the project's early opening and operation, the People's Daily reported.

    By Yin Yeping | 2026/5/5 21:31:59
  • Canton Fair products blend Chinese cultural IP, drawing global orders

    In the bustling leather goods hall of the 139th Canton Fair in Guangzhou, South China's Guangdong Province, a group of Spanish buyers stood motionless, turning finely crafted handbags over and over in their hands.

    By Chi Jingyi in Guangzhou | 2026/5/5 20:28:57
  • China's bulk commodity index rises to 132.1 in April; growth moderates but trend remains steady: data

    China Bulk Commodity Price Index of April stood at 132.1, up 1.7 percent month on month and 20.2 percent year on year, extending its upward trend and indicating stable, improving market conditions, data from the China Federation of Logistics and Purchasing (CFLP) showed on Tuesday, as reported by China Media Group (CMG).

    By Chen Qingrui | 2026/5/5 18:28:29
  • Nation's May Day holiday travel boom highlights consumer vitality

    China's tourism and consumption sectors saw robust vitality during the five-day May Day holidays — from stadiums in Suzhou, East China's Jiangsu Province, erupting with thunderous cheers and fans singing along in unison, to tranquil county towns like Pingtan in East China's Fujian Province, where urban families wandered along the coast, enjoyed night-market delicacies in fully booked boutique guesthouses and Shanghai's bustling bathhouses where foreign tourists soaked in steaming herbal pools and marveled at traditional massages.

    By Li Xuanmin | 2026/5/5 17:42:43
  • Dome lifting on Hainan LNG Phase II wraps up, marking new progress at major oil, natural gas facility

    The Hainan liquefied natural gas (LNG) Phase II project in Danzhou, South China's Hainan Province, completed air-jack dome lifting operation for its No.3 storage tank on Tuesday, which marks significant progress in China's major oil and gas infrastructure, state broadcaster CCTV News reported.

    By Ma Jingjing | 2026/5/5 16:17:54
  • China's railway passenger trips surpass 100 mln during May Day holiday

    Passenger trips on China's railway network have surpassed 100 million during the ongoing May Day holiday, the state railway operator said Tuesday.

    By Xinhua | 2026/5/5 16:01:14
  • EC reportedly recommends members exclude Huawei, ZTE gears; move to increase costs, impact bilateral ties: analysts

    The European Commission (EC) has recommended that EU member states exclude Huawei and ZTE gears from their local telecom operators' connectivity infrastructure, an EC spokesperson said on Monday local time, according to Reuters. Chinese officials have previously vowed to take measures if Chinese firms are subject to discriminatory treatment. Chinese analysts on Tuesday said that the EU's move would not only increase costs for its members but also undermine China-EU bilateral ties.

    By Tao Mingyang | 2026/5/5 12:33:00
  • Upgraded payment connectivity delivers China's tourism dividends faster, wider

    Lin Qian, a tourist from southwest China's Chengdu, found her latest Labor Day holiday trip to Kuala Lumpur quite tourist-friendly, as "even at pop-up stalls and temporary festival booths, digital payments are widely accepted."

    By Xinhua | 2026/5/5 9:09:00
  • ByteDance's Doubao sparks attention over paid services plan; company tells GT details remain under testing

    Chinese technology company ByteDance's artificial intelligence (AI) chatbot Doubao has recently displayed a service statement for paid subscription tiers on its App Store page, drawing broad public attention. The company confirmed the matter to the Global Times on Monday, saying that details of the plan are still being tested.

    By Ma Tong and Yin Yeping | 2026/5/4 20:54:40
  • China's zero-tariff policy to Africa reinforces multilateralism, creates wider space for Global South partnership: former Ethiopian senior official

    China's decision to extend zero-tariff treatment to all African countries with diplomatic ties sends a strong signal of support for multilateralism and fair trade at a time of rising protectionism, while opening wider opportunities for Africa's exports, industrial upgrading and poverty reduction, a former senior Ethiopian official told the Global Times.

    By Ma Tong | 2026/5/4 14:14:24
  • China sees booming inbound tourism thanks to visa-free policies

    Foreign tourists visit Zhaoxing Dong Village of Liping County, southwest China's Guizhou Province, May 2, 2026. China's inbound tourism booms thanks to visa exemption policies.

    By Xinhua | 2026/5/4 13:50:56
  • People savor May Day holiday across China

    A drone photo taken on May 2, 2026 shows robots performing at a park in Wuzhou City, south China's Guangxi Zhuang Autonomous Region. People across China stepped out to fully enjoy their leisure time during the ongoing May Day holiday.

    By Xinhua | 2026/5/4 12:35:32
  • China's highway NEV charging volume surges 55.6 pct on first day of May Day holiday

    China's highway new energy vehicle (NEV) charging volume jumped 55.6 percent year on year on the first day of the five-day May Day holiday, underscoring a fundamental shift in travel patterns as electric vehicles have become a popular choice for long-distance journeys.

    By Xinhua | 2026/5/3 20:11:59
  • China issues first prohibition order to safeguard international trade order under rule of law

    China's Ministry of Commerce (MOFCOM) on Saturday issued a prohibition order in accordance with Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and Other Measures (the 2021 Blocking Rules), which explicitly stated that China shall not recognize, enforce, or give effect to the unilateral sanctions imposed by the US, which listed five Chinese petrochemical enterprises on the Specially Designated Nationals List and imposed asset freezes and transaction bans on grounds of alleged oil transactions with Iran.

    By People's Daily | 2026/5/3 18:41:11
  • Surgical robots, AI diagnostics, capsule gastroscopy: Chinese smart healthcare shines at Canton Fair

    Swallowing just one capsule for a complete gastroscopy and performing AI-assisted orthopedic surgeries… Cutting-edge innovations such as surgical robots, brain-computer interface rehab devices, and capsule endoscopes are taking center stage in the intelligent healthcare zone at the third phase of the 139th Canton Fair, which kicked off on May 1.

    By Chi Jingyi in Guangzhou | 2026/5/3 16:00:20
  • Foreign enterprises ramp up investment in China's Shanghai for growing opportunities

    As a delivery drone slowly set down a parcel of cosmetics, the Estee Lauder China Supply Chain Intelligent Operations Center was officially launched in east China's Shanghai Municipality.

    By Xinhua | 2026/5/3 9:18:26
  • MOFCOM issues a ban, requesting not to recognize, enforce and comply with US sanctions on five Chinese firms

    ​China's Ministry of Commerce (MOFCOM) has issued a prohibition order in accordance with relevant measures and assessment results of the related working mechanism with regard to US sanctions imposed on five Chinese companies, requesting not to recognize, enforce, and comply with the US sanctions, according to a post the ministry released on its website on Saturday.

    By Global Times | 2026/5/2 20:50:07
  • Chinese firm reportedly sues Australian govt over Port of Darwin; case tests Canberra's commitment to international investment obligations: analyst

    Landbridge, a Chinese-owned company that owns Darwin Port, has launched international legal action to try and stop the Australian government from acquiring it on so-called “national security” grounds.

    By Global Times | 2026/5/2 15:48:11
  • China Eastern Airlines apologies after passenger plane strikes jet bridge at Shanghai airport, saying 'mechanical failure occurred'

    After several videos showing a passenger plane striking a jet bridge or PBB, Passenger Boarding Bridge, on the Chinese social media platforms on Saturday, China Eastern Airlines issued a statement expressing its apologies over the incident on its Sina Weibo account.

    By Global Times | 2026/5/2 15:31:39
  • Chinese customs welcome first African imports under expanded zero-tariff policy

    Customs authorities across China are busy handling arrivals of African imports that were early beneficiaries of the country's historic expansion of its zero-tariff treatment, which now covers all 53 African nations that have diplomatic ties with China.

    By Xinhua | 2026/5/2 8:14:43
  • China predicts over 344 mln inter-regional trips on first day of May Day holiday

    China is estimated to witness over 344 million inter-regional passenger trips on Friday, the first day of this year's May Day holiday.

    By Xinhua | 2026/5/1 19:24:43
  • China's May Day holidays kick off with strong travel, consumption momentum

    China's five-day May Day holiday officially kicked off on Friday, as the nation's transport authorities predicted peak passenger flows across railways, highways, civil aviation and waterways nationwide on the first day of the holiday, while consumption in culture, tourism and film sectors also showed strong momentum.

    By Tao Mingyang and Lu Wenao | 2026/5/1 17:37:23
  • China voices opposition to US FCC's restrictive measures targeting Chinese telecom carriers, vows necessary measures to protect rights: MOFCOM

    China voiced firm opposition to the US Federal Communications Commission's (FCC) latest restrictive move against companies and products from other countries including China and vowed to take necessary measures to safeguard the legal rights and interests of Chinese firms, a spokesperson of China's Ministry of Commerce (MOFCOM) said on Friday.

    By Global Times | 2026/5/1 14:08:36
  • 24 tons of South African apples enter China as 1st shipment under new zero-tariff policy for 53 African nations

    A truck carrying 24 tons of fresh South African apples passed through Shenzhen Bay Port in South China's Guangdong Province at midnight on Friday, entering the Chinese market. This marks the first shipment to be cleared since China's zero-tariff policy for 53 African countries with diplomatic ties took effect, signaling a new stage in China-Africa economic and trade cooperation, Xinhua News Agency reported on Friday.

    By Global Times | 2026/5/1 12:37:21
  • China clears first import shipment under expanded zero-tariff policy for African goods

    At the stroke of midnight, 24 tonnes of South African apples became the first batch of imports to enter China under a landmark initiative, as China expanded zero-tariff treatment to all 53 African nations with which it maintains diplomatic relations. This policy took effect from May 1.

    By Xinhua | 2026/5/1 8:47:14
  • Unitree sells robots starting at around 10,000 yuan at its first directly operated offline store in downtown Beijing

    Chinese robotics firm Unitree Robotics opened its first directly operated store nationwide on Thursday in a shopping mall on Wangfujing pedestrian street in downtown Beijing. The outlet prominently showcases and sells customer products, including the G1 humanoid robot and GO2 robotic dog, providing consumers with an offline space to experience and purchase embodied intelligence products firsthand.

    By Tao Mingyang and Feng Fan | 2026/4/30 18:41:46
  • China's first cross-Bohai drone logistics route officially opens, covering 340 kilometers in just 2 hours

    China's first cross-Bohai drone logistics route, linking Dalian in Northeast China's Liaoning Province and Qingdao in East China's Shandong Province, commenced operations on April 29, significantly cutting transit times. Officials from the Ministry of Industry and Information Technology called it a key milestone in advancing low-altitude equipment innovation through practical applications, China Media Group (CMG) reported on Thursday.

    By Global Times | 2026/4/30 12:46:47
  • China expands zero tariffs to share opportunities with Africa

    In Nairobi, officials and business groups from China and Kenya have been discussing how they could leverage Beijing's zero-tariff policy to open wider opportunities for Kenyan companies in the vast Chinese market, while African traders in China are already scouting for more goods to export there, as the new policy begins to clear a smoother path for China-Africa trade.

    By Ma Tong and Zhang Yiyi | 2026/4/30 0:07:03
  • May Day travel frenzy unfolds in China with boosted consumption expected, underscoring sound economic fundamentals and domestic demand vitality

    China's national railway officially kicks off the annual May Day holiday travel rush on Wednesday, unleashing a sweeping nationwide travel frenzy. Soaring air and road passenger flows, red-hot travel service reservations, robust hotel and scenic bookings, as well as booming catering and retail spending, all serve as tangible barometers of thriving domestic demand.

    By Wang Qi, Liu Yang and Qi Xijia | 2026/4/29 23:53:24
  • China's gold consumption hits record high in Q1, up 24%: report

    China's total gold demand — including gold jewelry, bars, ETFs, and industrial use — reached 362 tonnes in the first quarter, up 24 percent year-on-year, marking a record high for the same period. Overall, the explosive growth in gold investment has more than offset weakness in jewelry consumption, according to a report by the World Gold Council.

    By GT staff reporters | 2026/4/29 23:48:26
  • First Hualong One nuclear power unit in Yangtze River Delta enters commercial operation

    Following the completion of the 168-hour trial operation on Wednesday, China's first Hualong One nuclear power unit in the Yangtze River Delta region and the first nuclear power project with private capital involvement officially met the conditions for commercial operation and was put into use, China Media Group (CMG) reported.

    By Liu Yang | 2026/4/29 23:17:46
  • Golden shop

    A customer strokes a golden dragon for a photo at a gold shop in Guiyang, Southwest China's Guizhou Province, on April 29, 2026. The shop began its trial operation on the same day, offering services including gold bar sales, on-site gold processing, finished gold product sales, and gold recycling. Photo: VCG

    By VCG | 2026/4/29 23:08:52
  • Strong start shows economy's resilience as yuan gains value

    China's GDP grew 5 percent in the first quarter. In terms of macroeconomic growth, the economy accelerated in the first three months on both a year-on-year and quarter-on-quarter basis, and the figures exceeded expectations.

    By Ding Shuang | 2026/4/29 22:05:15
  • Beware of EU steering trade ties with China toward geopolitical contention

    Since March, two European think tanks – the European Union Institute for Security Studies (EUISS) and the European Council on Foreign Relations (ECFR) – have released reports titled “China – A fragile power? How Europe can use its economic leverage over Beijing” and “Beijing hold'em: European cards against Chinese coercion.”

    By Yao Ling, Xia Chuanxin and Xiao Yujie | 2026/4/29 21:35:33
  • China's cumulative token call volume hits 21,100 trillion in 2025

    China's average daily token call volume grew rapidly from 1 trillion at the beginning of 2025 to 100 trillion at the end of last year, while the cumulative token call volume for the whole year reached approximately 21,100 trillion, according to a report released at the 9th Digital China Summit in Fuzhou, East China's Fujian Province, state broadcaster CCTV News reported on Wednesday.

    By Global Times | 2026/4/29 20:38:36
  • Hong Kong remains the world's top IPO market in Q1 2026, with HK$110.4 billion raised

    Hong Kong stock market has remained as the world's leading initial public offering (IPO) market in the first three months of 2026, as the total funds raised - HK$110.4 billion ($14.1 billion) from 40 listed companies - set a record high for any first quarter since 2021, latest data showed on Wednesday.

    By Global Times | 2026/4/29 20:33:45
  • US framed Panama Canal terminal affairs as political, security issue while coveting control of waterway: Chinese FM on US-led Panama Canal statement

    When asked about the joint statement issued on April 28 local time by the US and several Latin American countries accusing China of "politicizing maritime trade" in the Panama port dispute, Chinese Foreign Ministry spokesperson Lin Jian said on Wednesday at a press conference that the remarks are completely fabricated and a deliberate distortion of facts.

    By Global Times | 2026/4/29 16:16:21
  • Chinese FM responds to question on whether China plans to increase fuel exports to trading partners

    Due to the situation in the Middle East, the global energy market is facing supply shortages, which has affected many countries. To fundamentally resolve this issue, the key is to make every effort to prevent the resumption of conflict and promote a full and lasting ceasefire, so as to prevent further regional instability from having a greater impact on the global economy, Chinese Foreign Ministry spokesperson Lin Jian said on Wednesday in response to a media inquiry regarding whether China plans to increase fuel exports to trading partners, given that China's approved fuel export quotas for May have increased but remain far below last year's average, and that some countries in Asia and elsewhere have raised this issue with China.

    By Global Times | 2026/4/29 16:04:45
  • US repeated chip curbs against China reflect recurring protectionist mindset, become less effective as they create cycle of pressure, breakthrough: expert

    The US Department of Commerce last week ordered multiple chip equipment companies to halt certain tool shipments to China's second-largest chipmaker, Huahong, in the US' latest move to curb China's advanced chip development, Reuters reported on Wednesday citing sources. When asked to comment on the reported US move at a regular press conference on Wednesday, Chinese Foreign Ministry spokesperson Lin Jian said that China has made clear more than once its principled position on US export of chips to China. We hope the US will take concrete actions to keep the global supply chains stable and unimpeded, Lin said.

    By Zhang Yiyi | 2026/4/29 15:58:37
  • China discovers 225 large, medium-sized crude oil, natural gas fields from 2021 to 2025: Ministry of Natural Resources

    China's Ministry of Natural Resources said on Wednesday that during the 14th Five-Year Plan (2021–25) period, 225 large and medium-sized crude oil and natural gas fields were discovered, including 13 billion-ton-level oil fields and 26 hundred-billion-cubic-meter-level natural gas fields.

    By Global Times | 2026/4/29 13:16:40
  • Mainland spokesperson slams DPP authorities for allowing US sprouted potatoes into Taiwan island and sacrificing people's health as a 'ticket of allegiance' to curry favor with the US

    In response to a question regarding the so-called reciprocal trade agreement between China's Taiwan region and the US under which Taiwan has lowered inspection and quarantine standards for US potato imports - allowing sprouted potatoes to be shipped to the island and sparking public concerns and panic over food safety there - Chen Binhua, a spokesperson for the Taiwan Affairs Office of the State Council, said on Wednesday that in the face of economic bullying and product dumping by the US under the guise of the agreement, the DPP authorities have acted against the will of the people in Taiwan and stubbornly pressed ahead, blatantly abandoning the bottom line of food safety and once again sacrificing the people's health as a "ticket of allegiance" to curry favor with the US.

    By Global Times | 2026/4/29 12:15:40
  • Railway, aviation services heat up as 5-day-long May Day travel rush approaches

    With the traditional May Day long holiday approaching, China's transport sector is now buzzing with activity. The national railway system launched its eight-day travel rush service on Wednesday, planning to handle 158 million passenger trips nationwide, while major airlines are ramping up flight capacity to cope with surging travelers.

    By GT staff reporters | 2026/4/29 11:32:23
  • 14 types of minerals in China including rare earths rank first in the world in terms of reserves: Ministry of Natural Resources

    China's Ministry of Natural Resources said on Wednesday that 14 types of minerals in China, including rare earths, tungsten, tin, molybdenum, antimony, gallium, germanium, indium, fluorite, and graphite, rank first in the world in terms of reserves, the Xinhua News Agency said on Wednesday, citing data from the Ministry of Natural Resources.

    By Tu Lei | 2026/4/29 10:45:18
  • China Industry Close-up: How paper-thin coils from Benxi illustrate revitalization of China's steel sector

    The outline of the 15th Five-Year Plan called for building a modern industrial system, consolidating the foundation of the real economy, and accelerating high-level technological self-reliance and self-strength to lead the development of new quality productive forces. These goals have provided clear direction for industrial transformation and upgrading across various sectors, while injecting strong momentum into high-quality development. Starting today, the Global Times launches a new column titled “China Industry Close-up.” Focusing on the creation of a new development pattern, the column will delve deeply into vivid examples of industrial transformation and upgrading across various sectors, aiming to showcase China's innovation-driven and high-quality development.

    By Ma Jingjing in Benxi | 2026/4/29 0:31:09
  • Robust exports

    A worker fulfills domestic and overseas orders for logistics equipment at a manufacturing company in Wuhu, East China's Anhui Province, on April 28, 2026. Profits of industrial enterprises above designated size in China hit 1.696 trillion yuan ($248.57 billion) in the first quarter of 2026, up 15.5 percent year-on-year, according to official data. Photo: VCG

    By Global Times | 2026/4/29 0:22:32
  • China's industry watchdog seeks public comment on penalty guidelines for rare earth sector regulation

    China's Ministry of Industry and Information Technology (MIIT) on Tuesday released a draft outlining how administrative penalties should be applied to violations in rare earth mining, smelting and related activities under the Regulations on the Administration of Rare Earths, and is inviting public feedback.

    By Global Times | 2026/4/29 0:14:21
  • China's top economic planner to enhance 'China Services' to lift high-end 'Made in China'

    China's top economic planner on Tuesday said that the next step in upgrading the services sector will focus on fostering leading industrial design firms to provide better support to manufacturing. A Chinese expert said that the role of services in supporting manufacturing has become increasingly prominent in recent years, with key gaps needing to be addressed as China's high-end manufacturing advances and demand upgrades.

    By Chen Qingruii | 2026/4/29 0:14:19
  • Chinese officials meet EU auto groups

    Officials from China's Ministry of Commerce (MOFCOM) and the Ministry of Industry and Information Technology (MIIT) have held high-level meetings with major European automotive industry associations, calling on the sector to play a constructive role in advancing China-Europe cooperation, after the EU recently introduced economic and trade restrictive measures.

    By GT staff reporters | 2026/4/29 0:09:10
  • Innovation at highway service areas reflects potential of China's consumption upgrade

    The increase in spending at highway rest areas reflects a broader trend driven by the rising popularity of self-driving trips in China. The upcoming holiday offers an opportunity to observe this shift in consumer behavior.

    By Hu Weijia | 2026/4/28 23:50:08
  • UAE announces exit from OPEC and OPEC+ from starting May 1, report says

    The United Arab Emirates (UAE) announced on Tuesday that it will exit from the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance from May 1, 2026, Xinhua News Agency reported citing Emirates News Agency.

    By Global Times | 2026/4/28 22:41:10
  • As embodied intelligent robots proliferate in China, a vast insurance market emerges

    When the insured person is injured in an accident, insurance typically covers the cost. But what happens when a humanoid robot falls down? As humanoid robots increasingly enter our world - walking, working, and interacting alongside humans - this once-hypothetical question is becoming a real and pressing challenge.

    By Li Xuanmin and Zhang Weilan | 2026/4/28 20:44:19
  • Chinese LLM firms embrace domestic chips, speeding up AI growth

    Chinese large-language model (LLM) companies are adapting domestic computing power chips, a move that analysts said on Tuesday will accelerate the development of the artificial intelligence (AI) industry ecosystem.

    By Liu Yang | 2026/4/28 20:43:46
  • 'China Travel' boom drives May Day holiday rush at border crossings

    With the May Day holidays just around the corner, China is preparing for a two-way surge in cross-border travel, serving as a window into the country's consumption vitality.

    By Tu Lei and Yin Yeping | 2026/4/28 20:27:58
  • Foreign business representatives, diplomatic envoys eye on deeper ties with China on AI

    Multiple foreign envoys and business representatives have voiced expectations for expanding cooperation with Chinese high-tech companies in artificial intelligence (AI), where China's competitive edge can help boost traditional sectors such as agriculture and education in their countries.

    By Yin Yeping | 2026/4/28 19:48:24
  • China to grant zero-tariff treatment to all African countries with diplomatic ties

    China announced that from May 1, 2026 to April 30, 2028, zero-tariff treatment will be applied to 20 African countries that have diplomatic relations with China and are not classified as least developed countries, according to a release by the Customs Tariff Commission of the State Council on Tuesday.

    By Global Times | 2026/4/28 18:49:20
  • China to continue promoting Chinese brands globally, injecting greater impetus into the world economy: Foreign Ministry spokesperson

    China will continue to share the opportunities stemming from high-quality development with all parties, promote more Chinese brands globally, build more bridges for exchange with other countries, and inject greater impetus into the global economy, Foreign Ministry spokesperson Lin Jian said at a regular press conference on Tuesday.

    By Global Times | 2026/4/28 16:27:41
  • Chinese commerce minister meets VDA president, calls on association to 'play an active role' in urging EU for fair competition

    China's Minister of Commerce Wang Wentao met with Hildegard Mueller, president of the German Association of the Automotive Industry (VDA), on Monday, to discuss China-Germany automotive cooperation, the stability of global automotive supply chains, and EU's trade restrictions on China, according to a Tuesday statement from China's Ministry of Commerce.

    By Global Times | 2026/4/28 16:17:48
  • China conducts reviews of foreign investment in accordance with laws and regulations: FM on Manus acquisition case

    Addressing a question that the office of the foreign investment security review working mechanism has formally issued a decision to prohibit foreign investment in the Manus acquisition project and has ordered the parties involved to revoke the acquisition deal yesterday, and that two Manus executives have reportedly been barred from leaving China, Lin Jian, a spokesperson for the Chinese Foreign Ministry, told a press briefing on Tuesday that “For specific questions, please refer to the competent Chinese authorities. As a matter of principle, I would like to stress that the Chinese government conducts reviews of foreign investment and makes relevant decisions in accordance with laws and regulations.”

    By Global Times | 2026/4/28 15:58:02
  • Natural gas output in Daqing Oilfield's Sichuan-Chongqing area exceeds 5 billion cubic meters, bolstering China's energy security

    The cumulative commercial natural gas output in the Sichuan-Chongqing exploration area of Daqing Oilfield has exceeded 5 billion cubic meters. With a stable daily output of 5.7 million cubic meters, the exploration area has become a vital pillar for ensuring China's energy security, China Media Group reported on Tuesday.

    By Global Times | 2026/4/28 11:57:14
  • China expects a record 2.25 million daily cross-border trips during the May Day holiday

    China's ports are expected to see a peak in cross-border passenger flows during the May Day holiday, which runs from May 1 to May 5, with average daily inbound and outbound trips projected to reach 2.25 million and the single-day peak expected to exceed 2.4 million, the National Immigration Administration (NIA) said on Tuesday.

    By Global Times | 2026/4/28 11:28:54
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