GT on the spot: Hainan FTP's island-wide independent customs operations to accelerate flow of people, goods, capital

When South Korean office worker Park Ji-hoon touched down in Haikou, South China's Hainan Province, he had one goal: to catch the final show of Katy Perry's China tour.

Foreign financial institutions increasingly upbeat on China's capital market

Multiple foreign institutions are becoming increasingly bullish on China's capital market despite external challenges, as the world's second-largest economy shows strong resilience thanks to a series of policies aimed at ...

Global theme park giants rush to China as 'happiness economy' booms

As China's consumer market continues to expand and diversify, international theme park operators are ramping up their presence in the country, betting on the growing appetite for immersive entertainment and ...

Private sector promotion law aids crucial technology innovations in China

China's private sector promotion law, which will come into effect on May 20, represents China's first fundamental legislation dedicated to shoring up the private sector. Notably, sci-tech innovation is included ...

US emerges as biggest destabilizer of global economic, trade order: CCPIT

The US has become the biggest destabilizing factor in stoking global economic and trade frictions, severely undermining the international economic and trade order, a spokesperson from the China Council for ...

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 prioritize safety, echoing an industry-wide ...

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 to rows of decorated trees.

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 economic growth. The implementation of ...

Major infrastructure projects in Malaysia showcase vitality of BRI cooperation

On a recent sunny morning, as the temperature started to climb, the thunderous roar of machinery also appeared to be growing louder at a huge construction site on the outskirt ...

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 has a rich, mellow taste ...

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 a 90-day suspension of tariffs ...

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 the global economy like an ...

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 (CICPE), which is being held ...

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 consumption, gearing up to counter ...

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 world's total, and both sides ...

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 yuan ($26.89 billion), with 142 ...

China's yuan loans grow by 9.78t yuan in Q1 amid improved economic vitality

China's total social financing reached 422.96 trillion yuan ($57.82 trillion) as of end-March, up 8.4 percent year-on-year, the People's Bank of China (PBC) said on Sunday. The growth rate was ...

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 and enterprises have begun taking ...

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 performances amid booming demand from ...

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 traditional flower-viewing excursions to immersive ...

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 credit information system, Ren Yongmei, ...

China pledges to promote global green transition amid suppression of green technology by some countries: FM

China will continue to work with all parties to boost green development and make positive contributions despite some countries' suppression of green technologies.

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 countries during the China-Sweden Trade ...

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 International Energy Agency (IEA), told ...

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 for Malaszewicze, Poland. With the ...

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 robot rentals, some industry practitioners ...

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. The National Bureau of Statistics ...

Jiangxi's mass equipment renewals fuel intelligent production surge

At a factory in Nanchang, the capital of East China's Jiangxi Province, Automated Guided Vehicles (AGVs) glide methodically across the spotless floor, ferrying tools and parts to assemblers with precise ...

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 this year's two sessions, China ...

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 predictable institutional environment for all ...

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 on March 11, 2025. The ...

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 in Guangxi during the two ...

'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 humanoid robot, multiple national lawmakers ...

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 units (TEUs) by 2035. This ...

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 behind the development of new ...

2025 could be the year when Chinese tech firms stun the world: NPC deputy

Entering 2025, China's science and technology sector has shown a strong momentum of rapid development, demonstrated by DeepSeek's breakthrough in the field of artificial intelligence (AI) large language models, the ...

Nation poised for high-quality economic growth amid global uncertainties

China unveiled its overall macroeconomic policy orientations and arrangements for economic development in 2025 during the annual two sessions ongoing in Beijing. The GDP growth target, deficit-to-GDP ratio, consumer price ...

Government Work Report set to boost multinational firms' confidence in operating in Chinese market

The 2025 Government Work Report submitted on Wednesday to the National People's Congress (NPC) for deliberation has reinforced the country's commitment to sticking to high-level opening-up.

Chip industry set to thrive amid AI boom: CPPCC member

China's semiconductor industry is experiencing a surge in demand as businesses across the nation accelerate their adoption of cloud computing and artificial intelligence (AI), a Chinese national political advisor told ...

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 outward investment, while the country ...

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 of 517 enterprises and institutions ...

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 545 percent per day for ...

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 the first batch of kiwiberry ...

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 they will showcase their cutting-edge ...

Focus on tech innovations to elevate China's advancement

China's annual sessions of the top legislature and political advisory body, known as the "two sessions," are approaching, with technological innovation expected to be a central topic, especially with the ...

Combination of fiscal, monetary policies to ramp up nation's economic growth

The annual two sessions are set to convene next week, which will serve as an important window for the outside world to observe China's economy. As the Government Work Report ...

Northern border city Heihe emerges as a microcosm of China's market boom

China's northern border city of Heihe, which has a population of over 1.2 million, is buzzing with business activity even in the depth of winter. Locals and visitors alike are ...

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 a "super connector" under the ...

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 the 40-day period - 510 ...

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 experienced a gold-buying spree, with ...

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 be released on Wednesday, HKSAR ...

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.

DeepSeek frenzy sparks global focus on Chinese assets

The DeepSeek craze continues to spread globally, driving a sharp rise in Chinese asset prices, including US-listed Chinese stocks. An analyst noted on Sunday that Chinese assets have entered a ...

More foreign banks upbeat on outlook for Chinese equities

A growing number of foreign financial institutions are becoming increasingly upbeat on Chinese equities, citing a stable economic recovery following a raft of incremental policies and the rapid rise of ...

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 Commerce (MOFCOM) said on Thursday, ...

What does the milestone of 250 million generative AI users in China signify?

A netizen on people.cn posed the question: "I came across a set of data: China has been connected to the internet for over 30 years, with the number of internet ...

Aided by internet, new consumption patterns sweep across Chinese county towns, invigorating rural retail sales

China's film-making industry has gone off on a blockbuster run this year. Despite the Spring Festival has ended weeks ago, enthusiasm at the box office remains high. Driven by the ...

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 and competitiveness, and achieve high-end, ...

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), during which they will experience ...

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 participated and holds an interest, ...

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 Hong Kong's latest business opportunities, ...

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 some companies reporting robust sales ...

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 orientation, rule of law, and ...

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 Bondi that a ban would ...

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 and deepen their presence in ...

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 ice and snow appeal, highlighted ...

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 first Spring Festival after the ...

Foreign firms continue to expand in China, making it remaining 'next China' for investment

A number of foreign companies are announcing expansion plans in China recently as the country vows to roll out practical measures to stabilize and expand foreign investment on Monday. The ...

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 early 2025.

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, to the surge in home ...

Spring Festival's diverse cultural, entertainment events lead to ever-higher festive consumption

As the Year of the Snake comes, a refreshing breeze has ushered in the much-anticipated 8-day-long Spring Festival holiday, bringing with it new hopes and aspirations for many in China.

Golden rail corridor in Southeast Asia starts to take shape as China-Thailand HSR accelerates

The Thai government has approved the phase-2 of the China-Thailand High-Speed Railway (HSR), a flagship infrastructure project under the Belt and Road Initiative (BRI) that will eventually connect the Southeast ...

China sets new box office, audience records during 2025 Spring Festival season

China's box office revenue during the 8-day-long Spring Festival holiday reached a record 9.51 billion yuan, with nationwide movie attendance hitting an all-time high of 187 million people, setting new ...

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 ounce on Tuesday. This indicates ...

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. The stunning shows underscored both ...

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 List, in order to safeguard ...

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's 2025 Spring Festival Gala, ...

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 figures set new daily records, ...

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 China. But a stroll down ...

China offers 'stability dividend' amid global uncertainties, change

The year 2024 proved to be truly extraordinary. Facing a complex and rapidly evolving domestic and international landscape, China rolled out a package of incremental pro-growth economic policies, while deepened ...

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 on Chinese capital market.

China aims to achieve substantial progress in all-around rural revitalization by 2027

China aims to achieve substantial progress in all-around rural revitalization and promote the modernization of agriculture and rural areas to a new stage by 2027, according to a plan issued ...

Chinese renewables companies promote clean energy infrastructure solutions at Davos 2025

At the ongoing World Economic Forum (WEF) Annual Meeting 2025 held in Davos, Switzerland, Chinese clean energy companies including Envision Energy and LONGi Green Energy are showcasing clean energy infrastructure ...

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 major industrial provinces and cities, ...

China to contribute to stabilizing global growth in 2025

China's economy is anticipated to sustain perceptible recovery in 2025, as the economy still has enormous potential, with such aspects as boosting comprehensive consumption and transforming local government debt worth ...

China's private rocket firm Galactic Energy completes first launch mission in 2025

China's private aerospace company Galactic Energy completed its first launch mission in 2025 on Monday, successfully deploying five satellites into sun-synchronous orbit from Jiuquan Satellite Launch Center in Northwest China's ...

South China's Guangdong to hit new milestone as 2024 GDP expected to surpass 14t yuan for the first time: report

South China's Guangdong Province's GDP in 2024 is estimated to have surpassed 14 trillion yuan ($1.91 trillion), marking a new milestone as it becomes the first province in China to ...

Pushing boundaries of humanoid robots

Manufacturing giant Foxconn and Shenzhen-based humanoid robot maker UBTech Robotics announced on Wednesday a plan to establish a long-term strategic partnership to promote the integration of UBTech humanoid robots into ...

Foxconn, UBTECH form alliance to deepen humanoid robotics research and advance intelligent manufacturing

Manufacturing giant Foxconn and Shenzhen-based humanoid robot company UBTECH announced on Wednesday that the two companies will establish a strategic partnership to advance the integration of UBTECH's humanoid robots into ...

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 trips are expected to be ...

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 by the China Association of ...

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 on January 29 this year, ...

China's commerce ministry vows to boost consumption, stabilize foreign trade in 2025

The national commerce work conference was held in Beijing from Saturday to Sunday, during which officials set priorities for 2025, emphasizing efforts to stimulate consumption and stabilize foreign trade, two ...

China customs unveil 16 measures to boost central region's growth

China's General Administration of Customs (GAC) on Sunday unveiled 16 measures in five critical areas to accelerate the rise of the country's central region in the new era. These initiatives ...

Gold prices likely to rise further in 2025 as central banks lead the charge amid diversification efforts

The global gold market recorded its best performance in more than a decade last year. Analysts expect the rally is likely to continue through 2025, driven by multiple bullish factors. ...

Chinese localities unveil growth targets for 2025 with focus on boosting opening-up, consumption and innovation

Chinese localities have defined their local economic growth targets for 2025 and outlined key tasks to bolster their economies, as multiple cities hold local people's congresses while releasing local government ...

Chinese humanoid robots 'impressive' at CES, supported by homegrown technology innovation

At the ongoing Consumer Electronics Show (CES 2025) in Las Vegas, multiple humanoid robots developed by Chinese companies came under the spotlight amid global AI craze, highlighting China's front-runner position ...

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 it will transport 4.03 billion ...

China's inbound, outbound travel during Spring Festival holidays is set to soar

While there are still a few weeks to go before the start of the eight-day holidays of the Chinese New Year, or the Spring Festival, scheduled from January 28 to ...

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 on Monday, which include concrete ...