China Port Watch: Ningbo-Zhoushan Port's global connectivity seen from a small button controlling bridge crane

Shandong Province serves as a window into the modernization and smart development of Chinese ports. This is the first installment of the series.

Chinese carmakers call for truthful promotion of intelligent driving features

Huawei's intelligent driving division on Sunday issued a safety initiative via its official social media account, urging carmakers to promote intelligent driving features truthfully and ...

US consumers to pay high prices for holiday goods due to tariffs: Yiwu businesses

Even though Christmas is eight months away, the "Christmas sections" at the Yiwu International Trade Market are already packed, including inflatable bears wearing Santa hats ...

GraphicAnalysis: Door opening wider for foreign services

China is ramping up the opening-up of its massive services sector so that more of China's trading partners could share the opportunities of the country's ...

Global premium brands are steadfast in expanding their operations in China

Young people were found flocking to the Irish whiskey booth, enthusiastically capturing photos and sharing them on social media, before taking a sampling. "This whiskey ...

Global South needs to work together to address challenges caused by US tariff hikes

According to the so-called reciprocal tariff policy announced by the US government, once implemented, the tariffs will impact 86 countries. Although the US later announced ...

Washington's tariff policy hangs as biggest uncertainty over global economy

Since the beginning of the year, economists around the world have increasingly focused on a single term: uncertainty. This seemingly abstract concept now looms over ...

Foreign attendees voice support to uphold multilateralism at China expo

Officials and business representatives from countries around the world emphasized their support for multilateralism, calling for cooperation at the ongoing China International Consumer Products Expo ...

Chinese cities unveil measures to boost trade integration amid US tariff concerns

Aiming to tackle the increasing tariff concerns arising from the US, China's foreign trade hubs have introduced new policies to stabilize foreign trade and boost ...

Foreign businesses flock to consumer products expo

Foreign businesses from a wide range of industries, from vehicles to food and beverages, are flocking to the annual China International Consumer Products Expo (CICPE) ...

China, EU have vast room for cooperation in multiple areas: GAC

China and the EU share extensive common interests and vast opportunities for cooperation in multiple areas since their combined economic output exceeds one-third of the ...

Shenzhen bourse backs private firms with nearly 200b yuan in bonds since 2024: report

From the beginning of 2024 to April 6, 2025, the Shenzhen Stock Exchange supported 114 corporate bond issues by private enterprises, which raised 196.68 billion ...

Retailers across China roll out measures to help exporters tap vast domestic market

The ever-changing US tariff threats have disrupted the global economic order, creating significant challenges for traders worldwide. In response, a growing number of Chinese associations ...

Over 1,000 Chinese listed firms reveal financial results; semiconductor sector shows strong performance

More than 1,000 listed companies in China have released their 2024 financial results as of April 2, with semiconductor and consumer electronics firms posting strong ...

Qingming Festival holidays set to boost 'spring economy'

As China embraces the spring season, the Qingming Festival holidays have sparked a remarkable surge in consumer spending across nation's cultural and tourism sectors. From ...

China builds world's largest and most comprehensive social credit system: PBC official

China's credit reporting industry began with credit-related data and, after nearly 30 years of development, it has established the world's largest and most comprehensive public ...

Chinese official, Swedish business leaders vow to support free trade at bilateral trade, investment forum

China and Sweden should firmly support the free trade, further deepening bilateral cooperation for more tangible results, said officials and business leaders from the both ...

China can play significant role in global decarbonization efforts: former IEA chief

China is in a very advantageous position in new-energy technologies such as renewables, batteries, and electric vehicles (EVs), Nobuo Tanaka, former executive director of the ...

Xinjiang rail ports see over 90,000 China-Europe freight trains

A China-Europe freight train loaded with auto components and other goods departed from Horgos Port in Northwest China's Xinjiang Uygur Autonomous Region on Sunday, heading ...

Humanoid robot rental market sees surging demand

As China's humanoid robot industry has experienced rapid advancements in both technological development and application, a related market segment is also witnessing surging demand: humanoid ...

Improving indicators say China's economy is gaining new momentum

Latest economic statistics showed that in the first two months of this year, China's industrial, services, consumption and investment indicators all experienced faster year-on-year growth. ...

'AI+ consumption' to unlock new potential, drive high-quality growth

Robots brewing coffee in parks, and drones zipping through the air to deliver packages - "AI+ consumption" is no longer a distant vision but a ...

China's loan prime rates remain unchanged, underscoring growing confidence in economic growth

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent on Thursday, unchanged from the previous month, according to ...

Shanghai to host global investment promotion conference as China deepens opening-up efforts

Shanghai is set to host a global investment promotion conference next week, bringing together hundreds of industry leaders to enhance the city's economic vitality and ...

Strong policy support will bolster real estate market stabilization in 2025

In this year's Government Work Report delivered and approved during the two sessions, China underscored its commitment to ensuring stability in the real estate market, ...

Maldives has benefitted much from BRI, looks forward to long-term partnership with China: envoy

Editor's Note: Since 2017, the Maldives has participated in the joint construction of the Belt and Road Initiative (BRI), which has already yielded fruitful results. At ...

China plans to conduct extensive institutional opening-up trials at its free trade zones: Commerce Ministry

China plans to expand its institutional opening-up trial program at the nation's pilot free trade zones (FTZ), which is aimed to build transparent, stable and ...

Mark the occasion

Deputies to the 14th National People's Congress (NPC) take selfie with a foreign journalist in front of the Great Hall of the People in Beijing ...

S.China's Guangxi proposes China-ASEAN AI innovation cooperation center

NPC deputies from the delegation of South China's Guangxi Zhuang Autonomous Region have put forward a motion to establish a China-ASEAN AI Innovation Cooperation Center ...

'Chemical reaction' only happens when tech meets scale: national lawmaker

Amid another wave of high-tech frenzy that began this year, with the rise to fame of the likes of the DeepSeek chatbot and the UniTree ...

Tianjin Port to lift container throughput to 35m by 2035: plan

Tianjin Port in North China's Tianjin Municipality has announced to a new plan to expand its annual container throughput capacity to 35 million 20-foot equivalent ...

China's top universities to expand enrollment, prioritizing strategic talent development

Multiple Chinese universities have recently announced plans to expand enrollment, prioritizing national strategic needs. An expert noted on Sunday that talent is the driving force ...

Nation to advance greater openness, inclusiveness and balanced development: spokesperson

China's door will only open wider to the world‌, with measures including continuously expanding institutional opening-up and deepening reforms in foreign trade, foreign investment and ...

Job hunting

University graduates talk with recruiters at a national-level joint recruitment event in Urumqi, Northwest China's Xinjiang Uygur Autonomous Region, on March 2, 2025. A total ...

DeepSeek's theoretical cost-profit ratio of 545% sets new benchmark: expert

Chinese artificial intelligence (AI) start-up DeepSeek sent another shockwave through the AI industry over the weekend, as the firm claimed a theoretical cost-profit ratio of ...

First batch of New Zealand kiwiberries cleared in Shanghai

A 324-kilogram shipment of fresh New Zealand kiwiberries arrived at Shanghai's airport recently after an 11-hour flight. It swiftly cleared customs following inspection, making it ...

Chinese tech companies flock to MWC

A number of Chinese tech companies, including Huawei and ZTE, have confirmed that they will attend the upcoming Mobile World Congress (MWC) Barcelona 2025, where ...

Hong Kong unveils 2025-26 budget to enhance 'super connector' role under 'One Country, Two Systems' framework

Financial Secretary of Hong Kong Special Administrative Region (HKSAR) Paul Chan Mo-po delivered the 2025-26 Budget on Wednesday, aiming to enhance Hong Kong's role as ...

Vitality, confidence fueled by 9 billion trips

The 2025 Spring Festival travel rush, or chunyun in Chinese, wrapped up on Saturday, with a record high of 9.02 billion passenger trips seen in ...

China continues to boost tech investment, Shenzhen offers up to 30m yuan for international sci-tech projects

China is ramping up its investment in science and technology innovation across the country, with cities like Shenzhen in South China's Guangdong Province announcing on ...

Gold surge

Consumers check gold accessories at a wedding exhibition in Guangzhou, South China's Guangdong Province, on February 23, 2025. Since the Spring Festival holidays, China has ...

Hong Kong to strengthen fiscal consolidation in new budget: financial secretary

The Hong Kong Special Administrative Region (HKSAR) government will double down on its fiscal consolidation strategy in the budget for the new financial year to ...

Spring Festival travel rush sees record trips with 'silver tourism' in focus

China's 40-day Spring Festival travel rush has concluded with a record-breaking number of inter-regional trips, according to official data on Sunday.

Number of foreign enterprises in China still rising as market remains attractive: MOFCOM official

The total number of foreign-funded enterprises in China is still rising, despite some multinationals entering and exiting the market, an official from the Ministry of ...

China to boost new-energy storage manufacturing industry, targeting leadership, sustainable growth by 2027

China has unveiled an action plan to boost full-chain development of the new-energy storage manufacturing industry, aiming to expand leading enterprises by 2027, enhance innovation ...

US tourists embark on first-ever themed trip to China's Greater Bay Area

A group of US tourists has departed from Los Angles to embark on a first-ever themed trip to China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA), ...

CNOOC-backed Buzios oilfield project in Brazil begins operation

The Buzios7 project of the Buzios oilfield in Brazil ¬- the world's largest deepwater oil field, in which China National Offshore Oil Corp (CNOOC) has ...

Hong Kong SAR official visits Japan, South Korea to promote investment opportunities

Alpha Lau, the director-general of investment promotion at Invest Hong Kong (InvestHK), will commence her official visit to Tokyo and Seoul on Monday to promote ...

Chinese carmakers step up global expansion

Chinese automakers are making significant strides in their global expansion, with Chinese brands attracting a multitude of attention at the Indonesia International Motor Show and ...

China promotes GBA business environment by leveraging functions of arbitration system

China has issued a new document aimed at leveraging the functions and advantages of arbitration system, to create a first-class business environment characterized by market ...

TikTok returns on Apple, Google US app stores amid ban delays

TikTok returned to Apple and Google app stores for downloading on Thursday (US time). This follows assurances in a letter from US Attorney General Pam ...

China's commerce minister holds talks with EU auto industry leader

China and Europe have solid foundations and vast potential for auto industry cooperation, and China welcomes European automakers, including Mercedes-Benz, to expand investment in China ...

BRI brings closer connectivity to Northeast China

The 2025 Asian Winter Games concluded on Friday in the "ice city" Harbin, capital of Northeast China's Heilongjiang Province. The sporting gala, showcasing the city's ...

GraphicAnalysis: Festive spending fires up consumption

Editor's Note: With the arrival of the traditional Lantern Festival, the celebration of the Year of the Snake in China comes to an end. As the ...

From DeepSeek to Unitree, brisk innovation drives nation's push for technology prominence

As DeepSeek has emerged in the field of generative AI, and Unitree Robotics' humanoid robots has taken the center stage at China's state broadcaster CCTV's ...

More precise fiscal, monetary measures set to strengthen economic growth

After China's economy achieved the 5 percent year-on-year growth target in 2024 despite facing significant challenges, some major macroeconomic consensus points started to emerge in ...

China's innovation potential: insights from 2025 Spring Festival events

China's retail market during the 2025 Spring Festival holiday was exceptionally vibrant. From the boom in ice and snow related tourism, record-breaking box office revenues, ...

'Emotional consumption' becomes a growing market trend for generation Z in China

Chinese economy has continued to gain pace since the second half of 2024. Entering the Year of the Snake now, a new wave of ...

China's holiday gold-buying frenzy continues despite global price rises

China's 2025 Spring Festival holidays sparked a gold purchase rush among consumers, even as the price of spot gold hit a record of $2,830 per ...

AI-powered products shine during festival

The just-concluded eight-day Chinese Spring Festival holidays witnessed a wide range of artificial intelligence (AI) products and services, from AI-powered temple fairs to robot performances. ...

China adds two US firms to Unreliable Entity List to safeguard national security: MOFCOM

China announced on Tuesday the inclusion of two US enterprises - clothing company PVH Group and biotechnology company Illumina, Inc - to the Unreliable Entity ...

Dancing robots, drone performance and eVTOL aircraft on Spring Festival Gala showcase China's tech advancement

From dancing humanoid and drone performance to demonstrating the flight of electric vertical take-off and landing (eVTOL) aircraft, multiple technology achievements impressed global audience on ...

China makes new daily box office, audience number records on the first day of 2025 Spring Festival

China's box office reached 1.805 billion yuan ($251.76 million), with 35.151 million moviegoers nationwide on Wednesday, the first day of the 2025 Spring Festival. Both ...

Chinese New Year offers window on nation's economic vitality

The Spring Festival holds a cherished place in the hearts of the Chinese people, offering a vivid snapshot of China's economic vitality. In this festival, ...

Small town, huge potential

At first glance, Taipan, a village of less than 1,200 people in Southwest China's Guizhou Province, looks more of the same to numerous villages across ...

BRI high on agenda at China's local governments' 2025 work reports

At the just concluded local two sessions in various provinces, autonomous regions, and municipalities, development of the Belt and Road Initiative (BRI) remained an important ...

More intl financial firms accelerate business expansion in China, optimistic about broader opportunities

Multiple international financial firms recently announced establishment of their new branch companies in China or latest progress on local business expansion, indicating their growing attention ...

MIIT to launch new growth plans for 10 key industries, increase support for major industrial provinces

China's Ministry of Industry and Information Technology (MIIT) will roll out a new round of growth initiatives for 10 key industries, and increase support for ...

Pet New Year's Eve feast gains popularity in China as owners celebrate with lavish dinners for their fluffy companions

As the Spring Festival approaches, pet owners in China are embracing a growing trend: extravagant New Year's Eve feasts for their furry companions. They are ...

China's Spring Festival travel rush to kick off, 'an economy on the move' showcases consumption vitality, dynamism

China's annual Spring Festival travel rush, also known as chunyun, will officially kick off on Tuesday, during which an estimated record number of 9 billion ...

China's NEV production, sales surpass 12m each, leading globally in 2024 for 10th year

China's new-energy vehicle (NEV) output and sales in 2024 each exceeded 12 million, topping global rankings for the 10th consecutive year, according to data released ...

Foreign companies try to capitalize on Spring Festival, offering snake-themed items to attract Chinese consumers

As Chinese people prepare to celebrate the impending Chinese Lunar New Year – the Year of the Snake according to Chinese zodiac – which falls ...

China announces finding of 2,800-km lithium belt, home to world's 2nd largest reserve

China's Ministry of Natural Resources announced on Wednesday that the measured and indicated lithium reserves in the country have increased significantly, rising to account for ...

Planned lithium export curbs aim to 'safeguard China's core technology': deputy head of industry body

China's proposed export restrictions on lithium battery cathode material preparation technology and lithium extraction technology is designed to safeguard China's core technologies and provide clear ...

E-commerce logistics index hits near 7-year high in 2024

China's e-commerce logistics index averaged 113.7 points in 2024, up 3.6 points compared with the previous year, hitting a near seven-year high, industry data showed ...

New document to curb issues in administrative inspections of firms, foster better business environment: Chinese official

The State Council Information Office held a press conference on Tuesday to introduce a newly issued document aimed at strictly regulating administrative inspections of companies, ...

China's retail prosperity index rises as localities roll out trade-in programs

The China General Chamber of Commerce reported on Monday that the retail prosperity index rose to 51.1 points in January, a 0.7 percentage point rise ...

China unveils world's largest pile-driving barge, building up its leadership in shipbuilding

China's shipbuilding industry marked a significant milestone on Sunday as the world's largest pile-driving barge, Erhang Changqing, was delivered in Qidong, East China's Jiangsu Province. ...

China's marine economy gains momentum, leading the world in offshore wind power, oil exploration and ocean shipping

China's marine economy has gained growing momentum, marked by growths in ocean fisheries and offshore wind power, the Ministry of Natural Resources (MNR) said.

Toyota's Shanghai EV plant plan shows esteem in Chinese market

Japanese carmaker Toyota's recent plan to build its first wholly-owned electric vehicle (EV) manufacturing plant in Shanghai has attracted broad attention. US electric car producer ...

China-US financial cooperation holds potential despite US uncertainties

Since middle December 2024, interactions and communications between China and the US in the economic and financial sectors have increased. The China-US economic and financial ...

Yulin city in Northwest China offers a glimpse into China's epoch-making new energy transition

In the heart of China's vast northwestern region, the city of Yulin in Shaanxi Province is undergoing an important transformation, driven by green technology innovation. ...

China to operate 180,000 km of railway lines by 2030, with high-speed railway to hit 60,000 km

In 2025, the national railway system is expected to transport a total of 4.28 billion passengers, an increase of 4.9 percent year-on-year, and it forecasts ...

China issues guidelines to boost data industry, aiming for a CAGR of 15% by 2029

China will strive to achieve an average compound annual growth rate (CAGR) of 15 percent in its data industry by 2029, according to guidelines released ...

China-Chile commerce expected to hit a new record as bilateral ties expand under BRI cooperation framework

After a 23-day-long ocean voyage, a shipment of about 8,000 tons of cherries from San Antonio, a Chilean port city, arrived at Tianjin Port last ...

Private firms continue to play stabilizing role in underpinning employment in China: report

China's private enterprises registered a sound performance in corporate social responsibility in 2023, the Xinhua News Agency reported on Tuesday, citing a report from the ...

Reforms to strengthen Yiwu's cross-border trade and expand global reach unveiled

The National Development and Reform Commission (NDRC), China's top economic planner, on Tuesday released a document aimed at deepening reforms in Yiwu, one of the ...

China's listed semiconductor companies report strong growth

China's semiconductor sector continued its robust growth on Tuesday, following recent positive momentum in the A-share market, with several domestic industry players hitting their daily ...

Foreign automakers ramp up trade-ins and production in China

Several foreign automakers are pushing forward their projects and intensifying their year-end promotional activities in the vast Chinese market, aligning with national trade-in policies and ...

China's NDRC approves new regulation to strengthen planning and management of coal mining areas

China's National Development and Reform Commission (NDRC), the country's top economic planner, on Monday approved a regulation on the planning and management of the nation's ...

2024 Yearender: China moves steadily toward building a financial powerhouse in 2024, boosting support for real economy

Despite a complex and grim international environment, foreign financial institutions continued to briskly increase their investment in China in 2024, eyeing huge dividends brought about ...

Xinjiang's foreign trade in Jan-Nov exceeds 400 billion yuan with fastest growth rate nationwide

The foreign trade volume of Northwest China's Xinjiang Uygur Autonomous Region hit 403.11 billion yuan ($55.23 billion) from January to November, 2024, an increase of ...

Draft law on private sector promotion to be submitted for first reading

The draft law on private sector promotion will be submitted for preliminary reading. Key measures, including ensuring fair competition and protecting enterprises' rights and interests, ...

Shanghai Stock Exchange reports 184% rise in mid-year dividend payouts by listed companies so far in 2024

China's public companies listed at its A-share market have significantly increased their dividend payouts in 2024, with 481 companies listed at the Shanghai bourse pledging ...

China remains a coveted place for foreign investors: FM

China welcomes more foreign friends to come to invest in the country, share China's growth opportunities and development dividends, Chinese Foreign Ministry Spokesperson Lin Jian ...

Chinese FM hails UK's reported plans for enhanced trade cooperation with China

Cooperation between China and the UK is based on mutual interests and aligns with the expectations of the business community, said Chinese Foreign Ministry spokesperson ...

Exclusive: Chinese industry association urges to use WTO rules to help Chinese cattle farmers amid difficulties

The China Animal Agriculture Association (CAAA) has prepared related materials and submitted an application to relevant authorities, hoping to use “WTO rules” to help ...

Trade between Chinese mainland and Macao SAR increases 4.3 times in 24 years from 1999

Economic and trade relations between the Chinese mainland and Macao Special Administrative Region (SAR) are growing stronger, the Ministry of Commerce (MOFCOM) said on Thursday ...

New western land-sea corridor starts key projects construction in Fangchenggang, S. China's Guangxi

An intermodal transport center of the New International Land-Sea Trade Corridor officially commenced construction on Wednesday in Fangchenggang, South China's Guangxi Zhuang Autonomous Region, which ...

Over 90% foreign travelers use enhanced mobile payment services in China travel: report

A recent study conducted by a research team of the Institute of Silk Road Studies at Beijing Foreign Studies University (BFSU) revealed that foreign travelers ...