In Chongyang village, East China's Zhejiang Province, an experiment in e-commerce has become a revealing lens on a much larger transformation. According to the Xinhua Daily Telegraph, more than 50 villagers have supplemented their incomes by selling agricultural products through livestreaming; smartphones, the report notes, have effectively become a new kind of farm tool.

The first China (Zhejiang) Cross-Border E-Commerce Import and Export Fair is being held from Tuesday to Thursday at the Yiwu International Expo Center. The fair brings together more than 1,000 domestic and international e-commerce platforms, service providers, and source factories from more than 20 countries and regions, according to a release from Yiwu Fabu, the city's official WeChat account, on Monday.

China's ongoing consumption upgrade and economic transformation are now providing the world economy with fresh momentum amid disruptions from protectionism. This new wave of demand is allowing more regions and more sectors worldwide to benefit – extending even to niche areas such as South Korea's dried seaweed exports.

Is a complete industrial chain the key advantage supporting Shenzhen's robust capability to cultivate unicorn companies at scale? Data from Shenzhen Fabu, the city's official WeChat account, provides evidence.

China's consumption is evolving. New trends such as emotion- and experience-driven spending are creating growing opportunities for global brands ready to adapt. For international businesses, it is unwise to be swayed by some foreign media outlets' pessimistic portrayals. Instead, the key lies in truly understanding the new development of China's consumer market.

The "tech content" of China's capital market is climbing rapidly, signaling a deeper transformation in the country's economic structure. The market's total capitalization has reached 107.32 trillion yuan ($15.08 trillion), with the electronics industry surpassing the banking sector to become the largest, accounting for 12.42 percent of the total - nearly 3 percentage points higher than at the beginning of the year, the Economic Daily reported on Wednesday.

Once a domestic shopping festival, China's Double 11 now straddles two fronts - driving massive sales at home while testing the reach of its cross-border e-commerce network. According to the Xiamen Daily on Monday, the city's cross-border e-commerce supervision center is in its peak export season. Inside the facility, conveyor belts run at full speed as boxes of shoes, apparel, and home goods move through inspection and customs clearance. Each step, from order verification to release, demonstrates how efficiently Chinese products are reaching consumers worldwide.

The 2025 China Robot Industry Development Conference is scheduled to be held in Shanghai from Monday to Wednesday, according to a notice posted on the China Machinery Industry Federation's WeChat account on Sunday. The conference will bring together enterprises, research experts, and industry associations to discuss frontier technologies in robotics, artificial intelligence (AI), and industrial innovation.

The artificial intelligence (AI) wave is reshaping business operations and growth worldwide. While automation has led to structural adjustments in corporate employment, the expansion of AI-related business is simultaneously creating new sources of revenue growth and generating new job opportunities.

The 2025 6G Development Conference will be held on November 13 and 14 in Beijing, focusing on the creation of a unified global 6G standard and building an open and inclusive 6G innovation ecosystem, the Xinhua News Agency reported. The event will bring together domestic and international experts, representatives of international standards organizations and renowned entrepreneurs to foster global cooperation and exchange.

South China's Guangdong Province on Monday unveiled a new plan to promote tourism, which includes an eye-catching component - technological industry tours. The initiative aims to design high-quality travel routes that connect the region's leading universities, research institutes, technology parks, and major infrastructure projects, offering visitors hands-on experiences with frontier innovations such as artificial intelligence (AI), drones, and autonomous driving.

In the first three quarters of this year, China's high-tech manufacturing sector saw a striking surge in industrial robot production. According to a Sunday report by CCTV News, from January to September, China produced 595,000 industrial robots - surpassing the total output for all of last year. Beneath these numbers lies a broader transformation in Chinese manufacturing, driven by the accelerating adoption of automation and advanced machinery. As competition intensifies and production standards rise globally, factories in China are turning to robotics to enhance efficiency, improve precision, and strengthen their resilience in an increasingly demanding market.

An expo on the senior care industry, currently taking place in Beijing, offers a vivid glimpse into China's expanding silver economy.

While some foreign media outlets claim that China's domestic consumption is sluggish, a closer look tells a different story. From the rise of experience-driven hobbies like fishing to broader lifestyle spending, China's young middle class is reshaping markets with emotion-driven, experience-focused consumption.

More than 100 overseas buyers reportedly arrived in Yiwu, China's hub for small commodities, on a charter flight from Guangzhou following their visit to the 138th Canton Fair. News site zjol.com reported on Tuesday that the group will spend the coming days exploring the newly opened Global Digital Trade Center - Yiwu's sixth-generation marketplace - and participating in cross-border procurement events. The trip linking the Canton Fair and Yiwu offers a glimpse into the multiple dimensions of China's foreign trade, where large-scale manufacturing exhibitions, digital commerce platforms, and other channels increasingly complement one another within an integrated ecosystem.

Not long ago, Shantou's Chenghai district, located in South China's Guangdong Province, received its first "foreign business charter flight," carrying buyers from 14 countries, including Argentina, Belarus, India, and Egypt, CCTV News reported on Monday. On the surface, the attraction seems straightforward: toys. Yet the appeal goes deeper, reflecting the scale and integrative strength of China's manufacturing industry.

As temperatures drop across northern China, many seniors are once again embarking on their annual "migratory bird" journey southward. According to CCTV News on Sunday, the travel peak for these "migratory seniors" began in mid-September and will continue through mid-November, with large numbers of elderly travelers flying daily to southern destinations to enjoy life in warmer climates.

The delivery of China's first self-developed large dual-fuel RoPax ship for export is more than just a single product launch; it demonstrates the solid industrial foundation and robust endogenous innovation that drive China's shipbuilding sector.

In Yiwu, long regarded as a bellwether of China's foreign trade, pearls make a digital sales journey guided by AI and smart displays. This small-scale scene offers a glimpse of how technology is reshaping China's trade and creating new opportunities for businesses worldwide.

Over the coming period, some consumer electronics exhibitions are set to take place in China. Functioning both as trade platforms and as indicators of industry sentiment, these events underscore the measured evolution of China's consumer electronics sector. The steady rhythm of such exhibitions reflects a quiet confidence among manufacturers and investors that innovation-led consumption remains a viable source of momentum in the economy.

As global trade navigates one of its most unpredictable periods in recent memory, the maritime sector has once again become a barometer of the world economy's shifting tides. Against this backdrop, the 2025 North Bund Forum in Shanghai has drawn wide attention as a venue for dialogue on how to advance the development of the shipping industry amid rapid technological change and geopolitical shifts.

The current US administration, under its "America First" agenda, has implemented a series of unilateral tariff measures. The US government's imposition of high tariffs on Chinese automobiles and auto parts seriously violates WTO rules and widely accepted trade norms.

South Korea received $20.65 billion worth of foreign direct investment (FDI) commitments in the first three quarters of this year, down 18 percent from a year earlier, the Yonhap News Agency reported on Wednesday, citing data from the South Korean Ministry of Trade, Industry and Resources.

China's fast-growing artificial intelligence (AI) industry is extending across sectors and daily life, while legal and regulatory frameworks and application advance in step. A balanced approach to innovation and regulated oversight is driving the healthy and sustainable development of the AI sector.

China's AI is expanding in the Middle East, driven by practical complementarities that benefit both sides. If, as some observers suggest, the US seeks to export its AI and restrict alternative partnerships, such efforts may face obstacles, underestimating the economic realities on the ground.

Xinjiang's high-tech corn – planted with BeiDou and harvested at record yields – is a vivid example of how the region is advancing technological innovation and using technology-driven economic growth to overcome ideologically motivated economic pressure from some Western countries.

The China (Guangxi) Pilot Free Trade Zone recorded a 270.3 percent year-on-year increase in foreign investment from January to August this year, CCTV News reported on Sunday. This figure stands out against the backdrop of a weak global investment climate. It highlights the free trade zone's combined strengths in location, industry and policy and shows that foreign investments are moving in response to favorable conditions, signaling that a new pattern of China's opening-up is taking shape.

The global journey of this tiny nut serves as a reminder that economic globalization is not an ideology, but a lived reality. At the heart of this network lies Meihekou's modern manufacturing base, sustained by continuous technological innovation and a well-developed industrial ecosystem that keeps the chain intact.

During China's National Day and Mid-Autumn Festival holidays, a surge in shopping-oriented travel captured public attention. According to media reports, Shenzhen's Huaqiangbei - the city's storied electronics bazaar - became an unlikely tourist hotspot. The phenomenon, which drew travelers eager to purchase smart devices and toys powered by artificial intelligence (AI), offers a revealing glimpse into the breadth and dynamism of China's consumer-innovation ecosystem.

Recently, China announced that it would not seek new special and differential treatment (SDT) in current and future negotiations at the World Trade Organization (WTO), a statement that has drawn wide international attention. This position highlights China's role as a responsible major country. However, it is important to clarify that this does not mean China has changed its status as a developing country. China's international status as the world's largest developing country has not changed. China will always stand together with other developing countries to safeguard the multilateral trading system and the common interests of developing countries worldwide.

Across many towns in China, agriculture is driving related industries to take root. The rise of farming clusters has encouraged investment in logistics, cold storage and food processing, bringing elements of industrial development into rural areas. This gradual spread of supporting industries is reshaping local economies and giving small towns a more active role in value-added production and international trade alongside their traditional farming base.

The latest figures confirm that China remains the EU's largest source of high-tech products. This is not a passing development but a structural reality of the global economy, with Europe's technology supply chains increasingly intertwined with those of China. The data highlight the pressing industrial demand within Europe, while also pointing to significant untapped potential in the development of this relationship.

China, while retaining its status as a developing country, has voluntarily decided not to seek any new special and differential treatment (SDT) in current and future World Trade Organization (WTO) negotiations. This reflects China's sense of responsibility as a major country in global governance.

The rapid emergence of new occupations inevitably brings challenges, particularly for the education and training systems. Many of these roles require interdisciplinary expertise. Some fast-growing sectors are so new that instructors themselves often lack firsthand industry experience, making it harder to translate cutting-edge practices into effective teaching.

China's universities and research institutes are becoming more active in commercializing research, with 4,059 institutions transferring technologies through channels such as licensing and consulting in 2024. The total contract value rose by about 10 percent from the previous year, according to a report released by the National Center for Science and Technology Evaluation (NCSTE) at the Pujiang Innovation Forum 2025, as cited by the Science and Technology Daily. The figures point to a steady deepening of collaboration between academia and industry.

The 2025 World Manufacturing Convention (WMC), now underway in East China's Anhui Province, offers a timely vantage point on how the country's industrial base is engaging with global supply chains. Delegations from more than 40 countries and regions are attending, with foreign participants accounting for more than half of all attendees - a notably high proportion, according to media reports. This scale and composition show that global manufacturers remain keenly attentive to developments in China.

Artificial intelligence (AI) is no longer confined to the realm of speculative potential; its economic impact is being quantified with growing clarity. The 2025 edition of the World Trade Report, released on Wednesday, delivers a noteworthy projection: with the right enabling policies, AI could boost the value of cross-border flows of goods and services by nearly 40 percent by 2040, driven by productivity gains and lower trade costs - a prospect that, amid today's subdued global outlook, offers a rare source of optimism.

In recent months, the EU has intensified its efforts to strengthen its economic competitiveness. The pressing challenge lies in accelerating progress in frontier fields such as artificial intelligence (AI) and the green economy. Meeting this test cannot be achieved by constraining competitors but rather by reinforcing the bloc's own capabilities - a task that calls for sustained investment and meaningful structural reform.

Technology innovation is adding new momentum to China-ASEAN cooperation, and both sides have even greater room to expand collaboration further.

Besides the established advantages of a diversified market presence and rapid response capability, Yiwu merchants' efforts to pursue opportunities in international markets are also marked by new trends: Strengthening product design and quality to meet the specific demands of target markets, offering personalized customization and placing a strong emphasis on intellectual property protection.

Over the past several years, Western media outlets have frequently portrayed the rise of Chinese electric vehicles (EVs) as an imminent threat to Europe's automotive industry. In this narrative, "competition" is too often depicted as a zero-sum game. Yet a more nuanced perspective is beginning to emerge - one that views competition more as a catalyst for innovation and transformation. The mounting pressure from Chinese manufacturers is accelerating much-needed change within the European automotive sector.

China's green tech companies - world-leading solar, battery and electric vehicle companies - have ramped up their foreign investment plans in recent years, pledging more than $210 billion since 2022, Johns Hopkins University's Net Zero Industrial Policy Lab said in a report, Bloomberg reported on Wednesday.

On the streets of Kampala, Uganda's capital, the contours of Africa's shifting energy market are clear: stacks of Chinese-made solar panels line electronics shops - a scene the New York Times recently noted as emblematic of China's expanding trade with the continent.

This year marks the 25th anniversary of the Forum on China-Africa Cooperation (FOCAC). Over the past 25 years, under the guidance of head-of-state diplomacy, China-Africa relations have continued to deepen, with economic and trade cooperation becoming ever closer and expanding in both scope and depth. This has made important contributions to promoting Africa's economic growth and advancing its modernization.

In just one week of implementation, this US policy has already pushed postal flows to the US to nearly a standstill, causing immediate severe disruption to inbound e-commerce flows. Even if the UPU quickly resolves the chaotic situation and resumes the logistics flow, the negative impacts on US businesses and consumers are expected to expand, which will cause losses to the US e-commerce sector and the broader economy.

The combination of persistent southbound capital and targeted investment in high-growth technology sectors is reinforcing Hong Kong's status as a global financial center for tech-driven capital allocation, catalyzing both market performance and real economic innovation.

The half-year earnings reports released by Chinese listed companies recently show a trend - they are increasing research and development (R&D) spending amid the country's emphasis on boosting technological innovation. As some countries are resorting to protectionist measures to shield domestic businesses from competition, Chinese companies' approach is expected to help them further build up their competitive edges in the global market.

The explosive growth of artificial intelligence (AI) applications is propelling China's semiconductor industry into a pivotal stage of development. Surging demand for AI-enabled technologies is accelerating innovation in chip design, while investment and market orders are helping shorten the transition from laboratory breakthroughs to commercial mass production. Despite intensifying US restrictions on advanced technology, Chinese chipmakers are showing resilience and adaptability in navigating this challenging landscape.

As European industry leaders point to delays in the clean energy transition, a crucial question arises for policymakers: can such concerns, rather than being used as justification for protectionist policies, actually become the basis for a more pragmatic and cooperative industrial strategy that generates momentum for Europe's EV sector?

The rising trend of “A+H” listings not only reinforces #HongKong's attractiveness as a financing hub, but also signals a broader wave of #Chinese mainland companies turning to international capital markets as their competitiveness grows amid China's overall economic upgrading.

Tuesday marks the 45th anniversary of the establishment of Shenzhen Special Economic Zone in South China's Guangdong Province. As the city's remarkable economic achievements continue to attract global attention, its expanding import-export volume and the growing presence of foreign research and development (R&D) centers demonstrate that economic openness is not a one-way street, but rather a shared pathway to growth with the world. In an era of rising protectionism, Shenzhen's success offers particularly valuable lessons.

The Financial Times published a column on Monday headlined "Can China's clean energy push help Brazil reindustrialize?" The article noted that from electric vehicles (EVs) to wind turbines, Chinese clean energy enterprises' investment is powering a wave of green manufacturing in Brazil.

China's logistics infrastructure has become pivotal in advancing the nation's "dual-circulation" development pattern, which takes the domestic market as the mainstay while allowing the domestic and international markets to reinforce each other. Its high accessibility and efficiency support nationwide production, distribution and consumption, while at the same time reinforcing China's links to international trade.

The iPhone 17 series is expected to be released in September, US media outlet Forbes reported on Wednesday, though no exact date was given. With the launch only weeks away, indications are that the latest models have entered intensive large-scale production in anticipation. One sign is that Foxconn, Apple's major assembler, has begun ramping up hiring at its factories in China.

As the silver economy rises, demand for elder-friendly and health-oriented home appliances is growing rapidly, with the sector's consumption potential expanding steadily. Leading Chinese home appliance brands such as Konka, Hisense, TCL, and Skyworth are accelerating their investment in the elder-oriented appliance sector, forming a diversified competitive landscape, the Securities Times reported on Wednesday.

Beijing's E-Town Comprehensive Bonded Zone (CBZ) has passed its preliminary inspection. As China's first CBZ centered on new quality productive forces, it is now close to beginning operations, the Beijing Daily reported on Tuesday. This development signals a critical shift: bonded zones - long an important platform for an open economy and foreign trade - are evolving into key links for higher-value, innovation-driven trade growth in China.

Currently, the new round of US tariffs facing many African countries is divided into four brackets - most countries face a 10-percent "baseline" tariff; more than 10 other African countries including Angola, Cameroon and Chad face 15 percent tariffs; Tunisia faces a 25 percent tariff; while South Africa, Algeria, and Libya bear the highest rate of 30 percent. Behind this differentiated tariff structure, the US pursues three strategic objectives.

The Zhejiang Provincial City Basketball League (ZheBA) is in full swing this summer. Spanning the economically vibrant province in East China, the sports event has ignited a basketball craze and injected new economic momentum into the local consumer market. From the earlier success of the Jiangsu Football City League (Suchao) to the current ZheBA, the rise of sports-driven consumption has become a standout phenomenon.

The intensive hosting of such events exemplifies China's leap to a higher stage of economic and technological progress, highlighting how innovation-driven development is enabling Chinese industries to secure a more prominent position in the evolving landscape of global industrial competition and cooperation.

The growth of Australia's Treasury Wine Estates partly driven by robust demand for its flagship Penfolds business in China reflects the vast opportunities the Chinese market provides amid global uncertainty. China's consumer base is vast, but equally important is its evolving structure.

There is growing evidence that China's "population dividend" is swiftly evolving into a "talent dividend." The Overseas Edition of the People's Daily reported on Tuesday that China has emerged as the world's largest and most comprehensive hub of talent resources, leading globally in total talent resources, scientific and technological human resources, and the number of research and development personnel.

As we progress through the latter half of 2025, a series of high-tech industry exhibitions and events have been held or are scheduled to occur in China. A recent example is the 2025 China Embodied Intelligent Robot Industry Conference and Exhibition, which is set to open on Wednesday in Shanghai. The frequency of these events highlights the dynamic upgrading and transformation occurring within China's manufacturing sector and the country's economic resilience in the face of external global economic uncertainty.

The rise of the art toy industry is closely linked to China's ongoing consumption upgrade, characterized by a shift toward more spiritual and cultural consumption. This trend reflects the evolving preferences of increasingly sophisticated consumers, who seek products that offer emotional connection and cultural expression.

This rapid growth reflects the swift development of China's high-end manufacturing and digital economy, despite Washington's technological blockades and containment, as well as the ongoing political interference in global industrial chain cooperation. The emphasis on a technological and innovation-driven approach is helping China enhance its position in the global industrial value chain amid challenges.

While some in the West may cling to outdated notions of "low cost," the Asian sports manufacturing industry is undergoing significant changes. The combination of production and consumption advantages in China is becoming a new model for the upgrading of labor- and capital-intensive industries, attracting international investment.

Recently, the Pew Research Center in the US conducted a survey involving 25 countries. The results showed that international views of China have turned more positive. In many of the surveyed nations, people increasingly see China as the world's top economic power.

​In recent years, the European Union (EU) has shown a strong tilt toward neo-protectionism in its trade and economic policies. It has frequently introduced new subsidy and countervailing tools and applied unconventional regulatory measures, many of which are discriminatory and distort normal trade flows. This is a typical demonstration of neo-protectionism.

In 2024, the added value of China's "three new" economy - encompassing new industries, new business formats, and new business models - expanded by 6.7 percent year-on-year, calculated at current prices. This growth rate surpassed the overall GDP increase at current prices by 2.5 percentage points, as reported by the National Bureau of Statistics (NBS) on Thursday. Amid China's ongoing efforts to further open its economy to the world, the expansion of these cutting-edge sectors heralds new opportunities for the global economy.

Europe is setting its sights on gigawatt factories in a bid to bolster its artificial intelligence (AI) industry and meet the challenges of a rapidly changing sector, CNBC reported on Tuesday. Buzz around the concept of factories that "industrialize manufacturing AI" has gained ground in recent months, and it is believed that this could bring more opportunities for international cooperation around the AI industry, including between China and the EU.

The US Treasury Department said in a statement on Monday that it now estimates $1.01 trillion in net borrowing for the third quarter, up sharply from the $554 billion it had penciled in back in April, Bloomberg reported on Tuesday. This adds to the worsening fiscal health of the US and is widely viewed by analysts as a negative signal, as it risks a supply shock for the market.

The State Taxation Administration reported on Monday a 186 percent year-on-year increase in tourists claiming tax refunds in China during the first half of this year. This trend underscores the growing global attraction of Chinese products and services.

Southeast Asia's energy landscape is undergoing a transition toward new energy, with China playing a pivotal role in advancing green development through sustainable solutions. One key example of this trend is the Monsoon Wind Power Project in Laos.

Chinese investment in Europe is continuously evolving. A recent example was contained in a report by Bloomberg on Wednesday, stating that Chinese entities, previously focused on investing in European infrastructure, are shifting their attention to building their own factories. This, along with other data, indicates a trend: Chinese investment in Europe is moving up the value chain.

China's robust biotech innovation is drawing increased investment from multinational pharmaceutical companies. A recent example highlighted by the Financial Times (FT) on Tuesday shows that AstraZeneca, Pfizer and other multinational drug companies have spent a record amount on medicines developed by Chinese biotech firms this year. The FT claims this underscores "how Big Pharma is increasingly reliant on China even as the country faces US tariffs."

In his remarks to the ministerial segment of the high-level political forum on sustainable development on Monday, UN Secretary-General Antonio Guterres emphasized the need to reform the unfair global financial system, which no longer represents today's world or the challenges faced by developing countries, according to a release on the website of the UN.

During the 14th Five-Year Plan (2021-25) period, China's photovoltaic (PV) industry has shifted its focus from merely exporting products to exporting advanced technologies and high-quality capital, news site stcn.com reported on Monday. This evolution marks a strategic maturation of these companies in their approach to global markets.

The value of Chinese companies' new investment and construction contracts in Belt and Road Initiative (BRI) partner countries has hit a record high this year, the Financial Times reported on Thursday, citing a study by Australia's Griffith University and the Green Finance & Development Center in Beijing. The growth observed this year highlights the enduring vitality and potential of the BRI, which is increasingly serving as a catalyst in enhancing the local industrial ecosystem, particularly in the green industry sector.

As various parts of the globe contend with heat waves, ensuring a stable power supply has emerged as a critical issue for some regions. In this context, a report published on Tuesday by the climate think tank Ember has shifted attention to an unexpected area: China's trade-in program for air conditioners.

Several consumer electronics supply chain companies have recently made their debuts on the Hong Kong stock market or announced IPO plans there, reflecting their broader global development strategies, the Securities Times reported on Tuesday. This trend offers an intriguing perspective on the beneficial interactions between China's supply chains and the global market.

As China's technology sector steadily climbs up in the global value chain, a powerful force is increasingly fueling this progress: patient capital. Shenzhen, a front-runner in China's innovation ecosystem, is demonstrating how long-term, risk-tolerant investment is enabling the steady growth of cutting-edge tech industries and innovative start-up ecosystems.

The 7th China Grain Trading Conference, held from Saturday to Monday in Shenyang, Northeast China's Liaoning Province, offered a practical look into China's ongoing progress in integrating technological innovation into its grain industry. This event highlighted the nation's unwavering efforts to modernize its agricultural sector through various means, including enhancing efficiency and productivity via innovation.

There's keen interest in the market regarding whether Nvidia CEO Jensen Huang will make another trip to China next week to attend the CISCE. In April, Huang made his second trip to China within three months, during which he emphasized that China is a very important market for Nvidia and expressed the company's willingness to continue cooperation with China.

China's ongoing progress in renewable energy development, as highlighted by the recent Global Energy Monitor report, demonstrates its active role in the global energy transition. However, this transition is not something that can be achieved by one country alone. It requires a collective effort from all nations, especially developed countries, to reduce trade barriers, fulfill their commitments, and create an environment that supports international green cooperation.

White House trade advisor Peter Navarro harshly criticized Apple in an interview with CNBC on Monday, claiming that the company is not moving production out of China fast enough. Despite increased pressure by Washington in recent months, CNBC noted that analysts and supply chain experts have argued it would be impossible for Apple to completely move iPhone production to the US.

A series of heat waves has swept across the world, drawing increased attention to the challenge of meeting the rising demand for electricity during high temperatures. In this context, taking a closer look at the development of China's power system might offer valuable insights for the global economy in addressing this challenge.

With the 2026 FIFA World Cup nearly a year away, Yiwu, dubbed the "world's supermarket," has already begun to rev up its commercial machinery. The World Cup-related merchandise provided by Yiwu serves as a testament to its expertise and the products' positive impact on the global economy.

This year, the volume of China-Europe (Central Asia) freight trains passing through the Horgos port has further increased. Despite some Western politicians' penchant for attacking Xinjiang with unfounded accusations, the facts demonstrate that Xinjiang is becoming an increasingly vital trade nexus.

In the first five months of 2025, China's software and information technology services industry experienced a revenue increase, reaching 5.5788 trillion yuan ($778.2 billion), a year-on-year rise of 11.2 percent, CCTV.com reported, citing data from the Ministry of Industry and Information Technology.

In an indication that tariffs are starting to hit American consumers, Reuters reported on Monday that prices for goods made in China and sold on Amazon.com have been rising faster than overall inflation. This insight comes from a study by the analytics firm DataWeave, which examined the prices of 1,400 different products. For those questioning whether tariffs could influence inflation, this study offers yet another piece of evidence.

The 2025 Global Digital Economy Conference (GDEC), set to kick off this Wednes-day in Beijing, is shaping up to be an event with an international flavor. This comes as no surprise, considering China's open stance in the global digital economy. The na-tion's efforts to enhance international cooperation in this area have not only spurred its own digital economic growth but also injected a sustained impetus into the global economic landscape.

As China keeps ramping up the renewable energy transition, a landmark "clean energy highway" project has begun operations. The project is the first UHV transmission line primarily designed to promote clean energy use in China. It holds profound implications not only for China's energy transition but also for the global renewable energy sector.

As the global economic order undergoes profound transformation, the multi-polar world system is being reshaped. In this context, China is fortifying its economic resilience through enhanced multilateral cooperation and a major shift toward domestic demand-driven growth.

As the world shifts toward cleaner energy, China has become a key player in global renewable energy. Its robust hydropower sector, bolstered by strategic investment and innovation, is a positive asset that enhances both its domestic energy mix and global renewable energy efforts.

US Federal Reserve Board Chair Jerome Powell told lawmakers on Tuesday that recent economic data would have likely justified continuing to lower interest rates if not for concerns that higher tariffs might derail the central bank's years-long fight to defeat inflation, the Wall Street Journal (WSJ) reported. These comments underscore the delicate balance the central bank must maintain in its battle against inflation, now further complicated by the unpredictable ramifications of US trade policies.

The US state of New York plans to build an advanced nuclear plant with the ability to produce at least 1 gigawatt of power, which would be one of the first new US reactors in a generation, Reuters reported on Monday, citing Governor Kathy Hochul. Currently, there appears to be a renewed interest in nuclear energy development in the US, although some analysts believe that achieving the government's nuclear energy ambitions could prove challenging.

Since its establishment, the Asian Infrastructure Investment Bank (AIIB) has faced skepticism and political interference from some Western countries. Yet, over the past decade, it has become a successful model of international cooperation. Despite ongoing interference, the AIIB remains committed to openness, inclusiveness and win-win cooperation, actively addressing challenges and continuously growing and expanding.

South China's Guangxi Zhuang Autonomous Region has announced new measures aimed at promoting high-quality, innovative development in both services trade and digital trade, including initiatives such as building a China-ASEAN cross-border e-commerce livestreaming base.

In Shenzhen, the pioneering city in South China that has adopted the "one order, one bag" model for departure tax refunds, continuous enhancements are improving the shopping experience for overseas visitors. A report published by Shenzhen Fabu, the city's official WeChat account, on Wednesday revealed a 37-percent surge in non-cash payment transactions among overseas visitors in the city. This surge underscores Shenzhen's potential and momentum in attracting overseas visitors and boosting inbound consumption, serving as a compelling case study for observing China's growth in this sector.

The 2025 Lujiazui Forum, scheduled for Wednesday and Thursday, will highlight China's expanding influence in the global financial landscape. According to the Shanghai Municipal Bureau of Finance, this year's forum will include eight sessions centered around the theme - "financial opening-up and cooperation for high-quality development in a changing global economy." As uncertainties in the global economy grow, China's expanding financial opening-up is increasingly viewed as a stabilizing force in global finance.

China and the Central Asian countries have made significant progress in expanding their cooperation under the Belt and Road Initiative (BRI), achieving tangible results primarily in trade, investment, infrastructure development, and energy. Thanks to large-scale joint projects, the region has become an important link in the Eurasian logistics system, while Chinese investments have actively contributed to the modernization of Central Asia's economies.