Zooming into China's reform and opening-up via two sets of data

Recently, two sets of freshly-released data about "China Cars" underscore the latest achievements of China's reform and opening-up.

Popularity of made-in-China goods shows protectionism would hurt Western shoppers

Consumers are typically most concerned with the price and quality of goods. It should be up to consumers, not protectionist trade policymakers, to decide which ...

China to roll out pragmatic measures attracting foreign investment: CSRC

China's top securities regulator said on Monday that the authority is launching a new round of reform and opening-up of the capital market, as more ...

China's BYD becomes first automaker in the world to deliver 10 million NEVs

Chinese automaker BYD delivered its 10-millionth new-energy vehicle (NEV) on Monday, marking the first time any automaker worldwide has achieved this milestone, the company announced ...

Yiwu-Madrid freight train service marks 10th anniversary, strengthening trade connectivity between China, Europe

On Monday morning, a China-Europe freight train loaded with 110 containers of daily necessities, auto parts, and machinery equipment departed from Yiwu, China's small commodity ...

'Mutual access' enhances Hong Kong's attractive role on global stage: Paul Chan Mo-po

Sunday marked the 10th anniversary of the mutual access mechanism connecting capital markets in the Chinese mainland and the Hong Kong Special Administrative Region (HKSAR). ...

NE China's Heilongjiang taps seeds breeding to ensure field output

With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They ...

China and EU reach 'technical consensus' in recent EV talks: media report

Chinese and European teams have reached "technical consensus" in recent electric vehicles (EVs) talks, after in-depth discussions on the specifics of the price commitment plan ...

President Xi's written speech at APEC CEO Summit boosts confidence of business leaders

Chinese President Xi Jinping's written speech at the APEC CEO Summit in Lima, Peru on Friday, in which he called for jointly promoting a universally ...

China sees economic boost as support policies take effect

China posted improving economic data for October as a series of existing and new support policies took effect. Chinese officials and analysts said that as ...

Changes brought by BRI to Central America strategically important: presidential advisor

Since the resumption of bilateral relations three years ago, both sides have been working with a sense of urgency to promote the development of China-Nicaragua ...

China's property market expectations further improve as home price decline narrows: NBS

China's National Bureau of Statistics (NBS) said on Friday that property market expectations further improved in October, as home price decline in major 70 cities ...

Ambitious Chinese startups ready to challenge Tesla in domestic auto-pilot market

Shenzhen-based Deeproute.ai, an emerging player in autonomous driving, announced Tuesday that it has secured $100 million in exclusive investment from a top domestic automaker. The ...

Opening-up boosts level of foreign investors' confidence in China

Amid a complex and rapidly changing global economic landscape, the 7th China International Import Expo (CIIE) will kick off in Shanghai on Tuesday, once again ...

Major projects move forward, acting as economic accelerators

During the National Day holidays, workers in key sectors stayed on the front lines, pushing forward China's major infrastructure projects. Their efforts have fueled sustained ...

HK condemns, rejects US NGOs' malicious report smearing academic freedom: SAR government

The Hong Kong Special Administrative Region (HKSAR) government on Wednesday strongly condemned and rejected a report on academic freedom in Hong Kong published by US-based ...

Chinese A-shares continue to rally on Wednesday morning, following 9-percent jump in NASDAQ Golden Dragon China Index

Chinese A-shares and the exchange-traded funds (ETFs) that track them continued to surge on Wednesday morning, buoyed by the financial stimulus announced on Tuesday aimed ...

China rolls out series of policy support to boost its economy

Chinese officials on Tuesday rolled out a slew of major policy measures to support the country's economy, the housing market and the stock market, including ...

Shanghai stocks rally more than 4%, largest one-day gain in 4 years

The Shanghai Composite Stock Index surged by 4.15 percent as of Tuesday closing, marking its largest single-day rise in more than four years, as the ...

India's protectionist stance on Chinese steel to 'backfire'

Chinese experts on Thursday slammed India's plan to impose tariffs on some steel products imported from China, noting the move will backfire and further damage ...

Chinese Embassy responds to concerns over trade imbalance with Thailand

The Chinese Embassy in Thailand on Wednesday addressed concerns regarding the trade imbalance between China and Thailand, emphasizing that the trade relationship is market-driven and ...

Major business conference for Chinese, African companies to unlock new opportunities in investment, trade and industries

Around 1,000 business representatives from China and African countries will come together and share opportunities in investment, trade and industries at the upcoming Eighth Conference ...

China to launch anti-dumping probes into canola seeds and certain chemical products imported from Canada

China's Commerce Ministry announced on Tuesday that it will launch anti-dumping investigations into #canola seeds imported from Canada in line with domestic laws and regulations ...

China takes measures against Canada, after Ottawa imposes hefty tariffs on Chinese EVs, steel and aluminum

China's Ministry of Commerce (MOFCOM) on Tuesday announced decisive measures against Canada, including plans to initiate dispute settlement proceedings at the WTO and launch an ...

China's entry-exit trips surge 30% in July- August, a testament to nation's commitment to opening-up

China facilitated 110 million cross-border passenger trips in July and August, which marks a year-on-year increase of 30.0% and a 13.0% increase from the May-June ...

Beijing Stock Exchange marks 3rd anniversary

Monday marked the third anniversary since the establishment of the Beijing Stock Exchange (BSE) was announced by Chinese President Xi Jinping, the first bourse based ...

African leaders' visits to Chinese localities spotlight pragmatic cooperation

As many leaders from African countries arrived in China for the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC), some visited various Chinese localities ...

China's nonferrous metals options crucial amid global uncertainty

Options for four nonferrous metals - lead, nickel, tin and aluminum oxide - were listed on the Shanghai Futures Exchange on Monday. This development represents ...

China, Saudi Arabia eye enhanced co-op in new energy

As Saudi Arabia's Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef and an economic delegation embarked on a visit to China and Singapore, ...

Chinese industry groups slam Canada's decision to impose additional tariffs on Chinese products

Several leading Chinese industry groups have slammed the Canadian government's politically motivated decision to impose additional hefty tariffs on Chinese steel and aluminum products, as ...

'China Travel' enthusiasm lingers on, with western regions increasingly favored by overseas tourists

“The whole world loves pandas, and no one can resist them. We were deeply moved by the sight of a panda,” Denisa Petrilakova, editor of ...

FOCAC boosts Africa's development, propping up African infrastructure, green energy sector: Egyptian scholar

The 2024 Summit of the Forum on China-Africa Cooperation (FOCAC), to be held in Beijing from Wednesday to Friday, will help accelerate economic development in ...

Summer travel season concludes with record trips, booming tourism

With the sweltering heat of summer gradually fading, the two-month-long summer travel season has come to a triumphant close, marking not just a feast for ...

China Eastern welcomes 500,000th C919 passenger after 15 months of operation

China Eastern Airlines on Sunday welcomed its 500,000th C919 passenger surnamed Lu after 15 months of operation, on a flight from Chengdu, Southwest China's Sichuan ...

China, Africa see greater potential for cooperation in agricultural sector: domestic, foreign experts

Chinese and African experts thought highly of the achievements in bilateral agricultural cooperation and expressed hopes for further exploring this potential, ahead of the 2024 ...

Hong Kong expands transshipment scope, reinforces status as key global trade hub

The customs of the Hong Kong Special Administrative Region (HKSAR) further extended the scope of service of the Free Trade Agreement Transshipment Facilitation Scheme (FTA ...

Consistent research, innovation crucial for nation's continued AI advancement

The recent suspension by American company OpenAI of its application programming interface access to users from China and other areas has caused concerns about the ...

China's strengths, challenges in developing quantum technology

Quantum computing possesses unparalleled computational capability and can tackle problems that are beyond the reach of traditional computers. It is often hailed as the next ...

Xinjiang's first solar thermal power plant highlights China's drive for clean energy

In the middle of the Gobi Desert in Hami, Northwest China's Xinjiang Uygur Autonomous Region, rows of large mirrors sparkle like diamonds under the dazzling ...

China constantly accelerates green, smart shipbuilding

As the Chinese economy faced some challenges in recent years, some Western officials and media pundits have stepped up their smear campaign against China. They ...

US crackdown on China's chip sector proves 'futile' amid nation's growing tech self-reliance

Chinese experts said on Wednesday that the escalating abuse of export controls by the US and its relentless crackdown on China's chip sector reflect its ...

China urges EU to handle trade friction through talks, as potential tariffs on Chinese EVs will be 'catastrophic' for the bloc

Chinese commerce officials have recently held intensive meetings with Chinese enterprises operating in European countries including Spain, Portugal and Greece, calling for China and the ...

Chinese solar firms eye global market despite US tariff barriers

Chinese companies said they will continue to engage in expanding their global presence despite the US decision to reinstate tariffs on solar products from four ...

Latin American and Caribbean countries welcome Chinese investors with open arms: Nicaraguan Ambassador to China

Nicaragua, a Central America country, is benefiting from strengthening economic and trade relations with China. According to statistics from China's General Administration of Customs, the ...

EU urged to end unreasonable probe into Chinese EVs to avoid harming bilateral cooperation

China on Thursday called on the EU to terminate its so-called anti-subsidy investigation into Chinese electric vehicles (EVs) so as to avoid harming overall bilateral ...

China holds consistent attitude on welcoming foreign investment; Unreliable entities list only targets foreign firms jeopardizing China's national security

China will unswervingly promote high-level opening-up, and the Chinese government holds a consistent attitude on welcoming foreign companies to invest and creating a fair and ...

China's market for foreign business improves, offers further potential: British chamber head

China's market for businesses has seen significant improvement and substantial changes over the past 15 years and is generally moving in the right direction, Julian ...

Selfish US move of forcing allies to jointly respond to China's 'overcapacity' set to harm EU's tech development: experts

The US is advancing its moves to contain China's new-energy sector, as US Treasury Secretary Janet Yellen is reportedly pushing G7 countries to jointly respond ...

US fear-mongering campaign over TSMC, ASML set to fail

A fear-mongering campaign by US politicians and media outlets about Netherlands-based chipmaker ASML's ability to “disable” the advanced chipmaking machines of TSMC has laid bare ...

Chinese officials vow to step up support for EV sector, slam 'overcapacity' fallacy

Officials from multiple Chinese ministries on Monday firmly pushed back against claims by some Western officials and media outlets of overcapacity in China's electric vehicle ...

Canada's talk of imposing high tariffs on Chinese EVs is criticized

Chinese industry experts on Sunday slammed a Canadian official's remarks that the North American country is considering high tariffs on Chinese electric vehicles (EVs) following ...

China releases 'ground-shaking' measures for property sector, set to boost real estate industry

China on Friday announced several "ground-shaking" policies for the real estate sector, namely the down payment ratio of home purchases lowered to 15 percent, the ...

Green transition is expensive for US economy, more expensive without China: scholar

The Biden administration reportedly will announce new tariffs as high as 100 percent on Chinese electric vehicles and additional import taxes on other Chinese goods, ...

China's innovation makes green transformation affordable: former Nepali envoy

China's energy-efficient and innovative new-energy products have greatly reduced carbon emissions and made new energy affordable, particularly for marginalized people, Leela Mani Paudyal, a former ...

Smart manufacturing advances production line in Hefei, US 'overcapacity' hype originates from competition anxiety

Global Times reporters recently visited several of Hefei's NEV suppliers, including those from upstream and downstream industries, where local business leaders and experts noted that ...

Global demand for NEVs far exceeds current production capacity, Peruvian FM says, defying 'overcapacity' rhetoric

Peru and China are pursuing green transformation and high-quality development. In this regard, there are many opportunities for enhanced collaboration in the green economy, Peruvian ...

US chip export curbs against Huawei typical act of 'economic coercion,' will backfire on US firms

China's Ministry of Commerce (MOFCOM) said on Wednesday it firmly opposes Washington's abuse of export controls and relentless attacks on certain Chinese firms, after the ...

China's economy off to good start in Q1, up by 5.3%, defying 'Peak China' rhetoric

China's GDP growth rate beat market expectations to reach 5.3 percent year-on-year in the first quarter, kicking off a good start to the year and ...

Debunking the fallacy of 'Chinese economic data less transparent'

Some foreign media outlets and institutions have been criticizing the Chinese economy, accusing it of a "lack of transparency in economic data." This criticism is ...

US hype about China's 'overcapacity' only adds to its own burden: experts

US Treasury Secretary Janet Yellen has once again associated China with alleged "overcapacity" and noted that the US wouldn't take "anything off the table," including ...

Why the economic field has become a prominent battlefield for Western cognitive warfare against China

Recently, in Western public opinion, the "China threat theory" and the "China collapse theory" in the economic field have given rise to new forms of ...

Despite disparaging outside claims, Chinese economy keeps sailing forward

Last week, some international investment banks including Goldman Sachs and Morgan Stanley raised their forecasts for China's economic growth in 2024 to around 5 percent, ...

Western 'overcapacity' rhetoric lacks logic, aimed at stymieing China's development

During her visit to China last week, US Treasury Secretary Janet Yellen expressed concern about China's "overcapacity" in some industrial sectors and its potential impact ...

EU's 'market distortion' claim against China a serious mistake: commerce ministry

The EU's unilateral adoption of so-called "market distortion" criteria to evaluate China's economy is a serious mistake and severely undermines the authority of the WTO ...

West's 'overcapacity' hype aimed at checking growth of China's emerging industries: analysts

Since the beginning of 2024, a number of Western governments and media outlets have been hyping the so-called “overcapacity” of Chinese new-energy production, claiming it ...

China's economy continues improving in high-quality, defying 'peak' hype

Despite the challenges posed by the lackluster global economy and an increasingly complex, severe, and uncertain external environment, China's economy managed to achieve 5.2 percent ...

Hyping comparisons with US, 'China peak' theory leads to wrong conclusions

According to International Monetary Fund (IMF) calculations based on PPP, China's economic aggregate has exceeded that of the US, and over the past two years, ...

Debunking flawed Western narrative – 'China's economy peaks'

Observing the theme of high-quality development in the Chinese economy, one should not only look at the size, but also the quality. Combining growth data ...

Prominent economist Justin Lin debunks 'peak China' claims, highlights China's potential to surpass US

A prominent Chinese economist and a national political advisor has debunked various negative claims about the Chinese economy, including suggestions about "peak China" and "Japanification," ...

GT Voice: WSJ's 'China collapse theory' doomed to collapse yet again

Why shouldn't people trust The Wall Street Journal (WSJ) reports on China's economy? Because if they do, then they are likely to fall into a ...

China's 5% growth target continues to play vital role in world economy: Global Times editorial

As China's economy and public welfare continue to advance, the living standard of the Chinese nationals is bound to improve, and each year is anticipated ...

China's economy creates development opportunities, not 'dumping shock,' to world

A root cause of why the US-launched smear campaign against the Chinese economy has become hysterical lies in the fact that only by vilifying China ...

Yearend: Bad faith tactics employed by Western media to hype 'China collapse' theory lose support among audience

Editor's Note: Launching “cognitive warfare" against China is an important means for Western anti-China forces to attack and discredit the country in 2023. Some politicians and ...

GT investigates: Uncovering bad faith tactics some Western media employ to hype up 'China collapse' theory

When the Chinese economy faces a tough time during June and July, with major economic indicators showing a trend moving toward a pessimistic direction, a ...

China's economy remains strongly resilient; what has collapsed is 'Chinese collapse' theory: Foreign Ministry

China's economy has not collapsed, but on the contrary, hype that it has done so has repeatedly proven to be false, said Chinese Foreign Ministry ...

Western media chanting 'China collapse' won't hinder nation's growth amid emerging economic rebound signs

Some Western media outlets have been churning out a flurry of vociferous columns bad-mouthing and smearing the Chinese economy, with increasingly gloomy and scary headlines. ...

GT Voice: 'China's rise is about to peak' theory a new variation of 'China collapse cliché'

The theory of “China's rise is about to peak” is nothing but a new variation of the tired “China collapse” cliché. It reflects American elites' ...