After celebrating the 100th anniversary of Communist Party of China, Chinese airlines, including Air China and Southern Airlines continue to expand the aviation network for travelers seeking "red tourism" holidays.
China's traditional mooncake export orders have seen a substantial increase with some companies achieving an up to 70 percent increase in exports ahead of the Mid-Autumn Festival.
The Global Gateway scheme, which some observers believe aims to compete with the China-proposed Belt and Road Initiative (BRI), is likely inspired by the success of the BRI and will serve to fully demonstrate the effectiveness of Chinese-initiated global infrastructure program, Chinese analysts said on Thursday.
Guangzhou, the capital city of South China's Guangdong Province, is planning to complete a national-level Airport Economic Demonstration Zone by 2025, including building its airport into an international aviation hub and integrating in the transport construction of Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
This is the first installment of the Global Times' new commentary series - Top View, in which global influential business leaders and prominent economists share their views on China and the geo-economic landscape.
It's hard to imagine rural Chinese villages' daily lives surrounded by creative art galleries, hand-made miniascape decorated with seashells, and various handcrafts made of wood.
China's pledge to be carbon neutral by 2060, a mission with a tight schedule for a country still being industrialized, suggests tremendous restructuring and funding efforts over the coming decades to carve out an China-specific approach to green growth, industry insiders said at a just-concluded major services trade fair in Beijing where a clearer path to the would-be central pillar of economic growth was mapped out.
Tesla launched a special 2,800-kilometer supercharging line linking Southwest China's Yunnan Province and Tibet Autonomous Region, setting up 14 supercharger stations along the route, the US electric vehicle maker announced on social media platformWeibo on Tuesday.
The word "metaverse" may still a new concept for the general public, but it's already a project high on agenda of many big tech firms around the world ranging from US' Facebook, Microsoft, to China's ByteDance and Tencent.
As the global chip shortage drags on, the world's largest contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC) is reportedly raising prices by as much as 20 percent, a historical high.
McDonald's unveiled its own virtual idol, Happy Sister, as its new brand ambassador in China in January, following the success of virtual idols in the country where young generation's purchasing power and demand for interactive entertainment experiences continues to skyrocket.
Air cargo prices are expected to rise in China as two cases were confirmed at Shanghai Pudong International Airport resulting in the immediate tightening of epidemic prevention and control measures. Industry insiders and analysts said the freight rates are likely to rise in short term, but will not remain high in the long run.
The US' crackdown on China's technology sector will not dampen China's cooperation on science and technology innovation with countries joining the Belt and Road Initiative (BRI).
Market demand for flights between China and the US is up after the US government has moved to loosen restrictions on international students entering the country from August. Charter flight is also becoming an option for international travelers amid rising demand and surging fares.
After reaping the benefits from the large amount of personal protective equipment (PPE) exports in 2020, textile mills in China now face an export dip as disruptions in global shipping industry are causing prices to spike, squeezing the profits of the low-margin clothing and textile sector.
Sitting in the driver's seat with breakfast in one hand while the other on the steering wheel, driving at 70-80 kilometers per hour along Beijing's Fourth Ring Road, has become a new habit for Jia, a 30-year-old white-collar worker. The move of putting one hand on the steering wheel is to let the bulky machine know that the driver is still in charge instead of totally letting go.
The move to block Chinese sellers by US-based e-commerce giant Amazon may speed up the pace for the Chinese companies to develop more direct selling channels and construct their own platforms, online vendors said.
The situation in Afghanistan has entered a crucial period after the US pulled out most of its forces and peace talks between the Taliban and the Afghan government are in a stalemate. In a recent exclusive interview with Global Times reporters Zhao Juecheng and Hu Yuwei (GT), Dr. Latif Pedram (Pedram), leader of the National Congress Party (NCP) of Afghanistan and a former Member of Parliament, said that the hasty withdrawal of the US and NATO troops from Afghanistan left “a devastated land and political system tainted with blood and hatred.” Pedram believes that the former Soviet Union and the US both failed in the country, and China is eyeing a constructive role in the future economic and social reconstruction of the war-torn country.
A new outbreak of COVID-19 infections has cast a shadow over Chinese aviation industry. As of Thursday, China had designated 139 medium-risk and 27 high-risk areas based on the number of new infections, and multiple airports including Nanjing, Yangzhou, East China's Jiangsu Province had been closed forcing airlines to cancel a large number of flights due to the travel restrictions around the country.
More Chinese mainland equity fund managers are including shares listed in the Hong Kong stock market in their investment portfolio, in hope to capitalize on a market where valuations have somewhat "touched down" amid policy uncertainty and sliding market confidence.
China's vast private education sector has been dealt a "fatal blow" after sweeping measures were introduced in July, including a ban preventing curriculum-based tutoring agencies from raising funds through stock listings, in a bid to address unhealthy competition and ease the burden on Chinese students and their families.
China's national carbon market is running smoothly since its launch on July 16, attracting the attention of an increasing number of enterprises, and the pricing for carbon quotas has been in line with expectation. However, industry insiders call for the introduction of institutional investors to facilitate overall transactions.
As China's Valentine's Day of Qixi approaches, a laundry list of luxury brands has launched a series of special-edition collections for the festival, turning this romantic festival into new fierce battleground for the luxury sector.
When Lu Xiaowei started her career in Zhangjiang, a 17-square-kilometer farmland in Shanghai's Pudong New Area in 1993, there was little more than a deserted reed marsh, with no roads and little traffic.
Global aviation market has displayed more signs of a roaring recovery, supported by government policy support and airlines' booming confidence.
A flurry of internet firms providing services ranging from search, e-commerce to mobile games were born in China since 1994. Ever since their birth, the interest-based companies have sustained an incredibly fast growth, driven by the doctrine that "it is not the big fish that eats the small fish, but it's the fast fish that eats the slow fish."
The World Artificial Intelligence Conference (WAIC) is a platform for global tech giants to showcase their latest cutting-edge artificial intelligence (AI) and other technologies, but at this year's event that concluded on Saturday, a new theme emerges among foreign companies: potential opportunities under China's bold goals to cut carbon emissions.
The summer travel season for civil aviation has kicked off and tourism has seen a sharp upswing boosted by travelers, providing welcome relief for the country's major airlines and airports.
As investment pours into the cash-burning chip sector amid China's all-out efforts to become independent and counter the US threat, domestic semiconductor companies that specialize in artificial intelligence (AI) are among the first to see major progress.
It is possible to buy Beingmate milk powder products worth 888 yuan ($137.4) for only 7.5 yuan on Chinese e-commerce platforms. The only reason is that the products are near the end of their best-before date. The huge discount has sparked heated discussion on nearly-expired food - food that has nearly reached its sell-by date.
From airports to high-speed rail, China has been beefing up efforts to build up a complete transport system in the Tibet Autonomous Region, an area situated on the Qinghai-Tibet Plateau where transportation has long been a bottleneck inhibiting its development.
Despite the US government's technology squeeze, Chinese scientists remain confident that the country's supercomputing industry will "get back on track" once the semiconductor manufacturing problem is addressed.
The centennial of the Communist Party of China (CPC) is approaching and a grand celebration will be held on July 1. The 100th anniversary marks an important milestone in the CPC's leadership, which has helped build the world's most populous country into the world's second-largest economy, and created a model of corporate governance that has injected a new dynamic into China's vibrant business environment.
Inside the construction area of the Kompong Dewa Resort in Sihanoukville, Cambodia, Chinese builders from the China Eighth Engineering Bureau, a subsidiary of the state-owned construction giant CSCEC, have implemented a green construction concept to the ground.
The quantity of Australian cotton that passed Chinese customs clearance remained low, while price quotation and purchasing remained sluggish for the commodity as Chinese businesses had become cautious about importing Australian cotton amid the two countries' fraught relations.
With the sale of electric vehicle (EV) in China is rising significantly, battery recycling has become another industry challenge, with analysts stating that government support is necessary to ensure recycling becomes an indispensable part on the EV industrial chain.
The G7's newly-hatched "Build Back Better World" (B3W) plan aims to help poor countries build up infrastructure and counter China-proposed Belt and Road Initiative (BRI).
China's after-school education institutions are anxiously waiting for further government instructions with many adjusting their business models to comply with policy changes, as the government's regulation of the lucrative industry continues.
In less than one week, a number of Chinese cities have witnessed the launch of international cargo routes.
China secured a spot in the final round of FIFA World Cup Asian Qualifiers after beating Syria on Tuesday, which analysts said will give a boost to the country's rapidly developing football industry, although businesses involved in football are taking a wait-and-see approach.
With the COVID-19 pandemic battering the tourism industry throughout the globe, theme parks in particular, those located in the Chinese mainland have, however, witnessed the fastest recovery in the world.
A company related to Viya, China's millionaire livestream queen, was recently fined for violating advertising laws, sparking concerns over quality of products sold through livestreaming e-commerce platforms, and revealing what could be the tip of the iceberg for counterfeit products selling chains on livestreaming channels, a booming business valued at 193 billion yuan ($30 billion) in China.
Many Chinese wig producers are running short of raw material - genuine hair, which they used to import in large quantities from neighboring countries including India, but the surging coronavirus pandemic cut both production and transportation from those countries, industry insiders told the Global Times.
Birth and elderly care shares surged on Monday after China announced to loosen birth restrictions and allow couples to have a third child in a bid to boostdwindling fertility rates and prevent future pressure on China's supply of labor.
Since being officially launched in 2015, the China-Pakistan Economic Corridor (CPEC), the Belt and Road Initiative's (BRI) flagship project, has begun to bear fruit. As the construction of the CPEC project has come into the new stage of promoting industry and industrial park cooperation, Pakistan is facing new opportunities to fast-track the development of its industries which can help it compete globally.
When young people in Caoxian County, East China's Shangdong Province get married, some of them will inherit online stores from their parents as a wedding gift, a unique custom in the second largest e-commerce cluster in China.
"Red tourism" which refers traveling to historical sites with a modern revolutionary legacy, is gaining in popularity for domestic tourists. Seeing growing demand, Chinese airlines are making their efforts to launch more services to cater to a new market opportunity.
Caoxian county, a little-known inland county in East China's Shandong Province has become China's latest internet fad built on making 90 percent of coffins sold in Japan.
When America's top influencer Kim Kardashian saw how fast popular Chinese livestreamer Viya sold 1,5000 bottles of perfume in 2019, the gap between the Chinese and US livestreaming e-commerce industry was brought into sharp relief.
Coming to the eighth year since the Belt and Road Initiative (BRI) was proposed by China in 2013 with the aim to build a trade and infrastructure network connecting Asia with Europe, Africa and beyond, the master program has recorded significant achievements made via unremitting efforts, and it has embarked on a journey featured by green and sustainable development.
There is a small town in East China's Zhejiang Province where most villagers can not only play the piano but also make a good fortune by making pianos. The town accounts for one seventh of pianos made in China.
For a long time, air cargo has been the business area of large cross-border logistics companies including FedEx and some airlines based on key air cargo hub airports, and most airlines have taken cargo a supplement to the passenger transport business.
Since the outbreak of the COVID-19 epidemic, major airlines around the world have adjusted their operating models on a large scale. In recent days, many airlines announced new arrangements for their large wide-body passenger aircraft.
Leading foreign private equity (PE) firms and Chinese home-grown infant formula brands are reportedly fighting for purchase of Reckitt Benckiser Group's infant-nutrition business in China, which reflects fierce competition in China's infant formula market and that local brands will likely usher in their golden era for growth.
Cambodia delivered its first batch of fresh mango exports directly to China on Friday, as the agricultural cooperation between the two countries has increased year by year. This was one of the latest examples of fruit exports from countries under the Belt and Road Initiative (BRI) to China, indicating the fruit trade is now effective and has become a driver of trade growth.
As the COVID-19 pandemic crippled international travel, a growing number of Chinese infrastructure companies are eyeing on projects related to the "Beautiful China" strategy, believing such projects possess huge potential given China's vast domestic market and growing domestic appetite for greenness and sustainability.
Despite a downward spiral of bilateral relations between China and Australia that have caused rising difficulties for Australian exporters, they hold hopes that the rift could be eased as their commitment to the world's second largest economy remains.
Affected by the COVID-19 epidemic, many enterprises in India cannot guarantee normal delivery, including textiles, active pharmaceutical ingredients (API) and electronic devices. In order to ensure the supply of goods, European and American retailers have transferred many orders originally produced in India to China.
Chinese research teams are striving to build self-developed chips for brain-computer interface (BCI), a critical bioscience sector that could collect and analyze human brains' electronic signals, paving way for a breakthrough in this next-generation technology in industry, aerospace and medicine, whose markets are valued at trillions of dollars.
Mrs Xiong has been feeling slightly anxious for the past few days, she can hardly book a train ticket from Beijing to Nanchang, capital of East China's Jiangxi Province in the coming holidays.
As the COVID-19 pandemic ravages large swathes of the world, global pharma have been racing to develop vaccines since 2020. For ordinary people, the challenges of developing vaccines seem to be a scientific miracle. However, perhaps only few people noticed that the shortage of monkey test subjects became a major bottleneck for many firms throughout the testing of potential vaccine candidates.
China's EV market has been white-hot this year as more foreign brands have stepped up their activities in China.
In a recent story posted in early April, Hindustantimes online said that signs of unease emerging between China and Pakistan over the future of the China-Pakistan Economic Corridor (CPEC), citing a report published in Modern Diplomacy. However, experts based in Pakistan told the Global Times a different version of the story.
Despite the negative impact of the pandemic, trade volume among countries within the Belt and Road Initiative (BRI) remained stable in general and was better than expected. Bucking the trend, China-Europe Railway outperformed other freight expresses and helped the global resource supply and transport alongside the road.
China's textile machine production accelerated while overseas factories were trapped amid the coronavirus pandemic last year, but the trend seems to have turned in recent weeks, Chinese customs data showed.
With the large-scale vaccination rollouts on a global scale, the concept of vaccine passport is also gaining support in more governments, in a bid to gain confidence for global travel.
The Suez Canal jam, caused by a stranded container ship, has posed an unprecedented challenge to the global supply chain, pushing businesses to look for new options to diversify their trading routes, especially along the Belt and Road, which during the pandemic has become a major channel for cargo transportation and anti-virus supplies from factories in China to the markets in Europe.
China's capital markets should boost investment in core materials and technologies for making vaccines, including lipid nanoparticles (LNP) - which are scarce around the world right now - for making COVID-19 mRNA vaccines, according to the head of the Chinese Center for Disease Control and Prevention (CDC).
Customs in Kunming, capital of Southwest China's Yunnan Province, has recently arrested 10 real hair smuggling groups in partnership with multiple customs. The smuggled hair has a total value of more than 1.1 billion yuan ($167 million), with 230 million yuan of taxes being evaded, reported the China Media Group.
The development of Gwadar Port seen by many as the flagship project of China Pakistan Economic Corridor (CPEC) under the Belt and Road Initiative (BRI) has been praised by nations across in the Arabian Sea for its smooth and well-planned operationalization.
As the year 2021 marks the beginning of China's 14th Five-Year Plan (2021-25), industries make their plans in line with the country's development. The civil aviation sector is aiming to increase capacity, accelerate airport construction and the integration with other transportations including railways, highways and waterways.
Driving all the way to the east from city center of Yinchuan, capital city in Northwest China's Ningxia Hui Autonomous Region, on the eastern banks of the Yellow River, millions of midnight blue solar panels that stretch to the horizon would suddenly come into view on the slopes of gullies, like a blue ocean.
In a move apparently timed to strike a tough tone ahead of a key dialogue on Thursday, the US government took a couple of moves against Chinese telecommunication companies, continuing a Trump-era crackdown on Chinese firms that has drawn ire in Beijing.
Scientists believe they have identified a meteorite formed in the first million years of our solar system, making it the oldest known meteor of volcanic origin.
The emergence of the Earth's first living organisms billions of years ago may have been facilitated by a bolt out of the blue - or perhaps a quintillion of them.
The film Do Not Split, which recorded the protests and violence in Hong Kong in 2019 and was nominated for an Oscar for the best short documentary, should not win the award as it lacks artistry and is full of biased political stances, Chinese film industry observers said on Wednesday.
Uzbekistan, one of the world's leading cotton exporters, sent a high-level delegation earlier this week to the Chinese-invested Gwadar Port in Pakistan to look for logistics opportunities that might help it export its cotton, the Global Times has learned.
Shanghai Ymatou Network Technology Co (Ymatou), a Chinese cross-border e-commerce platform, bagged hundreds of millions of investment in its D-round funding in March led by China's CGP Investment.
As the pandemic situation in China was brought under control, the number of overseas business activities of Chinese firms has witnessed an increasing trend as companies from different sectors including Hisense, Midea and Sinopec have struck new deals with overseas partners.
Driven by a resilient global demand for Chinese goods ranging from personal protective equipment (PPE) to home appliances, China-Europe freight trains, which have become a pillar for the trade for countries along the Belt and Road when other transports were disrupted by the COVID-19 outbreak, have seen record growth in the early two months of the year.
China's goal to hit peak emissions before 2030 and realize carbon neutrality by 2060 will unleash huge market potential in the new energy sector, on both the demand and supply sides. Experts encourage foreign governments to remove trade barriers to allow Chinese and foreign companies to focus on cooperation in the battle against climate change.
China's general aviation industry has seen stable development over the past five years from 2015 to 2020, with official data showed that the average annual growth of business volume was 13.7 percent.
Different traditional vehicles powered by internal combustion engine, new-energy vehicles (NEVs) have provided a fresh opportunity for Chinese auto brands, which have found it quite hard to make a solid footprint in developed markets for years. In the fast-growing NEV market in Europe, Chinese electric vehicle manufacturers are ramping up their efforts to take a share of the growing market.
China's Hard X-ray Modulation Telescope (HXMT), the country's space science satellite also known as Insight, has found that a fast radio burst (FRB) signal detected last year came from a magnetar in the Milky Way, Chinese scientists announced recently.
Despite logistic hurdles and global complexity posed by the COVID-19 pandemic, Chinese medical and personal preventive equipment (PPE) to countries and regions along the routes of Belt and Road Initiative (BRI) have been on an upward trend since early last year, another example of China's efforts to support its partners in fighting against the odds.
After years of staggering under the shadow of a Western dominance, Chinese infrared thermal imaging device producers have finally walked into the spotlight, with global market share increasing by up to a quarter in 2020, following a timely response to explosive needs worldwide, while other countries, such as the US, have been plagued with production halts and capacity inadequacies due to the uncontrolled epidemic.
Hundreds of thousands of Chinese engineers and project managers working on the many overseas projects under the Belt and Road Initiative (BRI) are planning to spend this year's Chinese Lunar New Year at project sites around the globe, giving up what is a major holiday and opportunity for family reunion, to ensure project progress and alleviate burden of domestic epidemic control efforts at home.
In interviews with the Global Times, industry insiders and businesses describe a domino effect across the globe, in which cold-chain shipments face serious delays and uncertainties, given the raging epidemic in many parts of the world which has led to a shortage of containers that has disrupted cold-chain commerce.
The 40-day Spring Festival travel begins on Thursday. Different from previous years, there will be strict measures targeting COVID-19 cases from people and chilled or frozen goods.
With a thriving atmosphere and the hard-working spirit of local people and local enterprises, the economy of Hubei Province contracted 5 percent last year to 4.34 trillion yuan ($669.45 billion), but all major indicators have pointed to a roaring recovery as local consumption returned to growth in December.
As the time for the release of annual fiscal reports is coming, the domestic medical industry participants are to present their year-round achievements against the backdrop of a record breaking 2020, with several of them ranging from masks and ventilators to nucleic acid products and vaccines have already confirmed very promising results in the annual performance forecasts on the back of an unprecedented jump in production capacity.
China's total export volume of rare earths dropped 23.5 percent year-on-year in 2020, China's customs authority said on Thursday, registering the lowest figure in five years, according to media report.
Bucking the global downward streak amid the fallout from the COVID-19 pandemic, China's luxury sales last year rose by a stunning 48 percent to around 350 billion yuan ($54 billion), buoyed by a consumption comeback as travelers were unable to shop overseas, a boost in online sales and duty-free policies in South China's Hainan Province, observers and industry reports said.
Bucking the global downward streak amid the fallout from the COVID-19 pandemic, China's luxury sales last year rose by a stunning 48 percent to about 350 billion yuan ($54 billion), buoyed by a consumption comeback as travelers were unable to shop overseas, a boost in online sales and duty-free policies in South China's Hainan Province, observers and industry reports said.
Imported cherry prices have sunk 20 percent resulting from an oversupply as exporters eye a rebound in Chinese consumption amid the COVID-19, industry insider said.
Steady Continued cooperation on regional integration between China and Myanmar gave a sharp contrast to India, which turned a blind eye toward such development trend and let go opportunties, a Chinese analyst said on Monday.
The Cyberspace Administration of China on Friday solicited public opinions on a draft law on measures for the administration of internet information services, aiming to further crack down on illegal activities such as rumor spreading about the pandemic with greater punishments.
Nearly a year after the outbreak of the COVID-19 epidemic began, more news about coming vaccines is emerging. Global demand for vaccine transportation will present a challenge to the existing global civil aviation capacity.
The sluggishly growing smartphone industry, both domestically and globally, was expected to bottom out in 2021, however, with the market further rocked by the spread of a global pandemic.
One six-story-high factory building in Dongguan, a manufacturing powerhouse in South China's Guangdong Province, sees China's industrial transformation firsthand.