The Chinese Ministry of Commerce (MOFCOM) on Monday blasted the US' announcement of a so-called Section 301 investigation into the Chinese semiconductor industry, urging the US to stop the wrongdoing and vowing to firmly defend China's rights and interests.
Chinese electric vehicle (EV) maker Xpeng said on Monday that it has delivered its 10,000th smart EV in the European market, adding to recent developments that have pointed to strong presence of Chinese EVs in the EU despite hefty additional ...
Hungarian Prime Minister Viktor Orban's remarks about the country's focus on electromobility as a cornerstone of its industry policy and about cooperation with Chinese electric vehicle (EV) firms highlighted the vast potential for future cooperation between China and Hungary, a ...
US and some other Western firms' reported request for the US to impose a staggering 920-percent duty on Chinese graphite is reckless, as the move, targeting another globally leading Chinese industry, could potentially inflict huge damage on the US' electric ...
The US Department of Defense (DoD) removed Chinese firm Advanced Micro-Fabrication Equipment Inc. China (AMEC) from its so-called Chinese Military Company (CMC) list, after the company sued the US DoD over the designation, Bloomberg reported Wednesday.
The China-US economic working group held the 7th meeting on December 12 in Johannesburg, South Africa, during which the two sides had candid, in-depth and constructive communication over macroeconomic situations and policies of the two countries and other topics of ...
The recently concluded Central Economic Work Conference has made new, important arrangements for the private economy, with the focus on three aspects, including addressing issues related to fair competition, according to a Xinhua report on Monday, citing a senior official.
On December 3, one day after the US government announced yet another round of restrictions on chip sales to Chinese firms, four Chinese industry associations, including the China Semiconductor Industry Association (CSIA) and the Internet Society of China (ISC), issued ...
The annual Central Economic Work Conference was held in Beijing from Wednesday to Thursday as Chinese leaders decided priorities for the economic work in 2025, according to the Xinhua News Agency. Xi Jinping, general secretary of the Communist Party of ...
The Asian Development Bank (ADB) said on Wednesday that economic growth in developing Asia and the Pacific remains steady, but changes to US trade, fiscal and immigration policies under the upcoming US administration could dent growth and boost inflation in ...
Chinese President Xi Jinping said on Tuesday China has full confidence in achieving this year's economic growth target and will continue to play its role as the biggest engine of world economic growth, according to the Xinhua News Agency.
The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting to analyze and study the economic work of 2025 and arrange Party conduct and anti-corruption work, according to the Xinhua News Agency.
China's Foreign Ministry on Monday slammed the US' planned new restrictions on chip exports to China, which are reported to be unveiled as early as this week, and vowed to take resolute measures to firmly defend the legitimate and lawful ...
Whether because of the language barrier or limited local news coverage, people in Lima, capital of Peru, and Rio de Janeiro in Brazil, appear to be unfamiliar with the Belt and Road Initiative (BRI), unlike many places in Asia and ...
In Rio de Janeiro, Brazil's second-largest city, fossil-fuel cars from US, Japanese and South Korean automakers still dominate the streets. However, a closer look reveals a shifting trend: despite very limited numbers, there are plenty of sightings of Chinese new-energy ...
Chinese President Xi Jinping on Wednesday held talks with Brazilian President Luiz Inacio Lula da Silva. During the meeting, China, Brazil decided to establish synergies between Belt and Road Initiative (BRI) and Brazil's development strategies. The two countries also elevated ...
Chinese President Xi Jinping's remarks at the 19th G20 Summit in Rio de Janeiro, Brazil, where he called for building a fair and equitable global governance system and outlined China's eight actions for global development, drew widespread attention and positive ...
Chinese President Xi Jinping attended the 19th G20 Summit in Rio de Janeiro on Monday. Upon arriving in Rio de Janeiro on Sunday, Xi has expressed readiness to work with all parties for an equal and orderly multi-polar world ...
Asia-Pacific cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism, Chinese President Xi Jinping said on Saturday at the 31st APEC Economic Leaders' Meeting in Lima, Peru, while proposing building an open and interconnected paradigm ...
China and Latin America have great potential for cooperation in the green and new-energy sectors, as China's advanced new-energy technologies and products match the region's emerging need for clean energy and overall social and economic development, Chinese and Peruvian business ...
In this installment, several Brazilian friends with ties to China shared their stories, reflecting on their connections with the country and their impressions of its people and culture. After receiving a reply letter from the Chinese president, they expressed excitement ...
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 beneficial and inclusive economic globalization, boosted confidence and opened the door further for cooperation, Chinese ...
Chinese President Xi Jinping arrived in Lima, capital of Peru, on Thursday for a state visit and the 31st APEC Economic Leaders' Meeting. Xi held talks with Peruvian President Dina Boluarte and said that China and Peru should improve and ...
Chinese President Xi Jinping's visit to Peru is extremely important, not just for the inauguration of the Chancay Port, which is a great opportunity not only for Peru but also for the entire Latin America region, Juan José Santiváñez, interior ...
China is ready to work with Peru to champion true multilateralism, promote an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization, Chinese President Xi Jinping said in a signed article published Thursday in Peruvian media ...
Chinese President Xi Jinping left Beijing on Wednesday to attend the 31st APEC Economic Leaders' Meeting in Lima and pay a state visit to Peru at the invitation of President of the Republic of Peru Dina Ercilia Boluarte Zegarra.
A recent survey of foreign businesses showed that the vast majority of those surveyed found China's business environment satisfactory or better, with most of them holding favorable views toward accessing the market and obtaining business premises, China's top trade promotion ...
China remains the best supply chain partner for many multinational businesses, with many holding favorable views of China's latest policy measures related to foreign investment and attending major expos in China, deputy head of China's top trade promotion agency said ...
Chinese Commerce Minister Wang Wentao on Friday held a video call with the European Commission (EC)'s Executive Vice-President and Commissioner for Trade Valdis Dombrovskis at the latter's request, during which the two sides agreed to conduct further consultations over the ...
The real estate markets in some major Chinese cities, including Shanghai, have seen notable improvements in terms of customer enthusiasm and transaction volume, in response to a combination of policy measures aimed at stabilizing the property market, according to media ...
Chinese experts on Tuesday slammed US proposals to restrict investment in artificial intelligence (AI), semiconductors and other technologies in China, saying the proposed measures are just the latest example of the intensifying US campaign to contain China's development.
China's Ministry of Commerce (MOFCOM) said on Thursday that there remain major differences between China and the EU side in the negotiations over the dispute in electric vehicles (EVs) as the EU failed to positively respond to core concerns of ...
By making unreasonable demands, not responding positively to sensible offers from the Chinese side and attempting to split up Chinese electric vehicle (EV) producers in negotiations, the EU side has not demonstrated sufficient sincerity and resorted to tactics that may ...
Chinese experts on Tuesday urged the European Commission (EC), the executive body of the EU, to show sincerity in the ongoing negotiations with China over the dispute on electric vehicles (EVs), after the EC chief said that negotiations would continue ...
China's total imports and exports reached 32.33 trillion yuan ($4.57 trillion) in the first three quarters of 2024, setting a record high with an increase of 5.3 percent year-on-year, China's General Administration of Customs (GAC) said on Monday, noting that ...
A series of fiscal policy measures that are set to be rolled out in the near future are expected to further boost confidence in the Chinese economy and underpin its stable growth to ensure the annual development target will be ...
Chinese Commerce Minister Wang Wentao held a phone call with US Secretary of Commerce Gina Raimondo on Tuesday, during which the Chinese side expressed serious concerns over the US semiconductor policy toward China and restrictions on Chinese connected vehicles, and ...
The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Thursday to analyze the current economic situation of China and make further plans for economic work. Xi Jinping, general secretary of the CPC Central ...
China will implement an employment-first strategy, strengthen employment-first policies, address structural contradictions, deepen institutional reforms and guard against the risk of large-scale unemployment to promote an effective improvement in employment quality and reasonable growth in quantity, according to a guideline ...
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 cuts to the policy rate and the reserve requirement ratio (RRR), all aimed at creating ...
Chinese experts on Sunday criticized a reported plan of the US to ban Chinese-made software and hardware in connected and autonomous vehicles in the US, saying the move lays bare Washington's reckless attempt to politicize trade issues and will hurt ...
China's Ministry of Commerce (MOFCOM) on Thursday issued a scathing report on the WTO compliance of the US, criticizing Washington as a destroyer of the multilateral trading system, a practitioner of unilateralism and bullying, a manipulator of double standards on ...
China's top legislative body on Tuesday started a regular session to review a raft of bills, including a draft decision on gradually raising the statutory retirement age, the Xinhua News Agency reported.
China's Ministry of Commerce (MOFCOM) on Monday launched an anti-dumping investigation into imports of rapeseed from Canada, as initial evidence shows Canada's dumping of rapeseed in the Chinese market has caused substantial damage to the Chinese domestic industry.
Chinese and US officials on Saturday held "professional, rational and pragmatic" talks about policy issues of mutual concern and specific issues raised by the business communities of the two countries, the Chinese Ministry of Commerce (MOFCOM) said, adding to increasing ...
Chinese localities have been ramping up efforts to boost consumption, with increased policy support, including direct financial support, for trade-ins of consumer goods and equipment upgrades at companies, in line with a national campaign to bolster domestic demand amid economic ...
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 in addition to Beijing, where the summit is set to take place from Wednesday to ...
The US government's decision to once again postpone the announcement of a final determination for additional tariffs on a wide range of Chinese products, including electric vehicles (EVs), fully reflected the growing opposition from US businesses and industries, Chinese experts ...
Chinese and US trade officials will hold a meeting in North China's Tianjin Municipality next month to exchange views on a wide range of issues, including economic and trade policies, China's Ministry of Commerce (MOFCOM) announced on Thursday, adding to ...
While the US government is expected to announce implementation plans for additional tariffs on some Chinese products, the move is facing growing criticism from both China and US domestic industries amid concerns over mounting costs.
A top document made public on Wednesday said that China will further improve the market access system, break down market access barriers, and build a market access system that is open, transparent, standardized and orderly, as well as promotes fair ...
Chinese and US officials held the fifth meeting of the bilateral Financial Working Group on Thursday and Friday in Shanghai, where the two sides signed a document on enhancing cooperation on financial stability, the People's Bank of China (PBC), the ...
The EU continues to take protectionist actions against Chinese products, with biodiesel becoming the latest Chinese product targeted by the bloc in a move that will further escalate tension between China and the EU amid the dispute over the EU's ...
Chinese officials are expected to express concerns over US' growing economic and trade restrictions against China and urge the US to stop politicizing trade issues, Chinese experts said, as Chinese and US officials reportedly kicked off a new round of ...
Chinese and US economic officials will hold another round of talks under the Financial Working Group mechanism later this week in Shanghai, according to several US media reports, indicating that the world's two biggest economies are continuing their dialogue amid ...
The number of newly registered new-energy vehicles (NEVs) in China jumped nearly 40 percent year-on-year in the first half of 2024 to a record high, according to the latest official data, in another sign of robust growth in China's NEV ...
US personal computer (PC) maker HP on Thursday became the latest foreign business that responded to allegations of planning to shift away from China, as some foreign media outlets hype rumors and claims to support their long-standing narrative of foreign ...
As global markets encountered tremendous volatility in recent days, Chinese markets remained relatively stable, with the yuan strengthening against the US dollar, and the outlook for yuan-denominated assets remains bright, Chinese analysts said on Tuesday.
US financial news outlet Fortune on Monday released the 2024 Fortune Global 500 list of the world's largest corporations, with 133 Chinese companies having made the list led by significant rises in the ranking of Chinese internet and electric vehicle ...
New data from South Korea show that China was again the top destination for South Korean exports in the first seven months of 2024, thanks to rising shipments of semiconductors, which showed the limitations of the relentless US chip ban ...
China will focus on boosting consumption in areas such as vehicles and home appliances, a senior Chinese official said on Thursday, while noting that the economy faces both increasing risks and challenges as well as opportunities.
China on Wednesday further optimized export controls on drones, requiring exporters to seek approval for certain drones and related equipment, and banning exports of all civilian drones that are intended for military purposes.
The 20th Central Committee of the Communist Party of China (CPC) adopted a resolution on further deepening reform comprehensively to advance Chinese modernization at its third plenary session, drawing up a sweeping blueprint that will guide China's reform and opening-up ...
Global confidence in stable growth in China's economy continues to improve, as some international organizations and multinational banks have projected 5 percent GDP growth in China in 2024, thanks to remarkable performances in areas such as exports, even as many ...
The IMF on Tuesday raised China's GDP growth forecast for 2024 to 5 percent in its latest World Economic Outlook (WEO), pointing to a steady rebound in domestic consumption and a surge in exports. The move also indicates growing global ...
In one of his most recent public remarks regarding the third plenary session of the 20th Communist Party of China (CPC) Central Committee, Chinese President Xi Jinping said during a meeting with Hungary's Prime Minister Viktor Orban in Beijing on ...
China on Saturday officially announced its 716-member delegation to the upcoming Paris Olympic Games. As more than 400 Chinese athletes, including 42 Olympic champions, are headed for Paris for the competitions, Chinese companies are churning out equipment and other products ...
Chinese Premier Li Qiang said on Tuesday that factors affecting China's economic growth have become more complex than in the past and called for better implementation of macro policies to ensure the annual economic development goal is met, according to ...
China's major auto industry association has slammed the EU's disregard of facts during its so-called investigation into Chinese electric vehicles (EVs) and its subsequent decision to slap additional tariffs on Chinese EVs, warning the EU against politicization of trade issues ...
China and Switzerland have inked a memorandum of understanding (MOU) and agreed to formally launch negotiations to upgrade the bilateral free trade agreement (FTA), the Chinese Ministry of Commerce (MOFCOM) announced on Tuesday. This marks another major step in further ...
China's manufacturing sector saw the fastest-growth in activity in three years in June, thanks to strong production and stabilizing employment, according to a private survey released on Monday, adding to growing indicators of steady recovery in the world's second-largest economy.
The 8th China-Eurasia Expo kicked off in Urumqi, capital of Northwest China's Xinjiang Uygur Autonomous Region, on Wednesday, with participants from 50 countries, regions and international organizations, paving the way for strengthened economic cooperation in the Eurasian region.
China's Ministry of Commerce (MOFCOM) on Monday announced that at the request of the Chinese domestic industry, it will launch an anti-dumping investigation into certain pork and pig by-products originating from the EU, stressing that the move is in line ...
China aims to nurture more world-class companies by improving the modern corporate system, build an internationalized scientific research environment, and improve scientific and technological (sci-tech) security mechanisms and mechanisms guarding against risks, according to a top meeting held on Tuesday. ...
Latest news reports from Western media suggest that the European Commission has put on hold the announcement of its decision on Chinese electric vehicles (EVs) for a few more days. The main executive body of the EU was reportedly expected ...
The European Commission has apparently postponed the announcement of findings of and potential measures resulting from its so-called anti-subsidy investigation into Chinese electric vehicles (EVs), which were reportedly due to be announced on Wednesday, offering a brief breathing room for ...
Chinese officials have repeatedly urged Brussels to avoid taking protectionist actions against Chinese electric vehicles (EVs), warning such actions could lead trade frictions to spiral out of control and stressing China's rights and capabilities to take countermeasures if the EU ...
The Chinese mainland will suspend tariff concessions on 134 import items from the island of Taiwan starting in mid-June, and the Democratic Progressive Party (DPP) authorities bear full responsibility for the move, as it has long imposed unilateral trade restrictions ...
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 cooperation, while vowing to resolutely safeguard Chinese interests if Brussels moves ahead with protectionist measures.
China's main international trade promotion organization said on Thursday that it will closely monitor tariffs imposed by the US under the Section 301 provision, help key industries and companies increase capabilities to cope with risks, and take all necessary measures ...
The International Monetary Fund (IMF) on Wednesday announced an upward revision of its forecast for China's GDP growth in 2024 and 2025, citing strong GDP data in the first quarter and policy measures, further adding to a growing number of ...
Data released on Tuesday indicates a surge in Apple Inc's shipments in China in April. While this is down to many factors, including Apple's sales promotions, the solid recovery in China's vast smartphone market was likely the most crucial contributor.
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, presided over a meeting of the Political Bureau of the CPC Central Committee on Monday, which deliberated on trial provisions concerning accountability for failing to prevent or ...
Chinese experts on Sunday slammed allegations of “non-market policies and practices” made by the Group of Seven (G7) finance chiefs in a joint communique, saying the baseless claims reflect the toxic influence of Washington's worsening protectionism among its allies and ...
China's Ministry of Commerce (MOFCOM) on Thursday reaffirmed the country's commitment to green development and slammed "certain countries and regions" mulling to take restrictive measures against Chinese electric vehicles (EVs), in response to reports of a prominent Chinese expert calling ...
Chinese President Xi Jinping on Wednesday extended a warm welcome to US tourists to travel to China, meet Chinese friends, experience Chinese culture, visit beautiful landscapes and experience the real China, in a congratulatory message to the 14th China-US ...
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 (EV) sector, while pledging to further step up support for the industry, which has gained ...
Market expectations for China's real estate industry have significantly improved, with the shares of major developers skyrocketing on Thursday, as Chinese cities step up policy efforts to reduce inventory levels and boost market activity, including plans by some cities to ...
China's imports and exports roared back to growth in April after a significant drop in the previous month, according to official data on Thursday, and the strong data add to growing signs that the world's second-largest economy remains on a ...
After China's economy mounted an impressive start to the year, global attention has now shifted to what China plans to do to sustain the great momentum in the recovery of the world's second-largest economy for the rest of the year. ...
China on Friday markedly sharpened its criticism of the US' accusation of overcapacity in China, saying that the claim, while sounding like an economic concept, is a disguise for its malign attempt to curb China's industrial development and amounts to ...
The 135th China Import and Export Fair (Canton Fair) concluded its first phase of the year in Guangzhou, South China's Guangdong Province on Friday, with impressive results, including a strong showing by foreign firms and buyers, underscoring the vitality of ...
Chinese Premier Li Qiang's detailed response to the so-called overcapacity claims made by some Western officials, in which he called for an objective view of capacity issues based on economic laws and from a global perspective, sent a signal that ...
China's State Council, the cabinet, on Friday released a sweeping guideline, only the third of its kind, to strengthen regulation, tackle risks and promote the high-quality development of the capital market, as the country moves to build itself into a ...
China's total imports and exports of goods expanded 5 percent year-on-year - the fastest speed in six quarters - to 10.17 trillion yuan in the first quarter of 2024, a record high during the same period, according to the General ...
Chinese officials on Wednesday swiftly pushed back against US ratings agency Fitch's move to cut China's sovereign credit rating outlook to negative from stable, stressing that China's long-term growth prospects remain unchanged and the Chinese government has the ability and ...
China on Tuesday stepped up its pushback against accusations of “overcapacity” brought up by US Treasury Secretary Janet Yellen during her trip to China, saying that politicizing production capacity and other economic and trade issues is counterproductive to global economic ...
US Treasury Secretary Janet Yellen is well known in China for her high-profile posting within the US government, including as a former head of the US Federal Reserve. But in her last two visits to China, her choices of different ...
Chinese Premier Li Qiang on Sunday met with US Treasury Secretary Janet Yellen in Beijing, where he urged the US to work with China to adhere to the basic norms of the market economy of fair competition and open cooperation, ...
China's Foreign Ministry on Monday extended a warm welcome to San Francisco Mayor London Breed, who is expected to visit China in the coming days, saying that China always supports and encourages exchanges between all walks of life from the ...
China's factory activity expanded for a fifth consecutive month in March and at the fastest pace in a year, beating market expectations, according to a private survey released on Monday, adding to an increasing number of economic indicators that point ...
The Boao Forum for Asia (BFA) Annual Conference concluded on Friday in Boao, South China's Hainan Province, where government officials, business leaders and academics from Asia and around the world called for cooperation and openness to tackle regional and global ...
China's top legislator Zhao Leji on Thursday reaffirmed China's commitment to continuously opening up its market to the world. He said that Chinese modernization through high-quality development will inject strong impetus into the global economy during a keynote speech at ...
China has not only become the world's top filer of patent applications but also the top contributor of green technologies to the World Intellectual Property Organization (WIPO)'s green technology sharing platform, the head of the WIPO said on Thursday.
China's top legislator Zhao Leji on Thursday reaffirmed China's commitment to continuously opening up the market for the world and said that Chinese modernization through high-quality development will inject strong impetus into the global economy, during a keynote speech at ...
Central bank officials and financial regulators from several Asian countries on Wednesday called for expanding currency swap arrangements through both bilateral and multilateral mechanisms to support cross-border trade and investment and reduce reliance on the US dollar, as part of ...
Chinese Premier Li Qiang will deliver a keynote speech at the China Development Forum's annual meeting, which is scheduled to take place from Sunday to Monday and is expected to draw more than 110 foreign guests, including leaders of the ...
China is opening its door wider and wider to welcome foreign visitors, as the country extended its visa-free policy to six more countries, including Switzerland and Ireland, starting on Thursday. The move is aimed at boosting inbound tourism and people-to-people ...
China's Foreign Ministry on Tuesday excoriated a series of US' latest maneuvers that Washington says aim to “outcompete China,” warning that the US' engagement in malign competition puts the fundamental interests of the Chinese and US peoples and even the ...
Chinese officials on Monday vowed to make concrete efforts to mitigate financial and other risks and boost high-quality development following the two sessions, which concluded on the day in Beijing, where a slew of social and economic development targets were ...
The financial chief of the Hong Kong Special Administrative Region (HKSAR) on Wednesday unveiled the budget plan for 2024-25, outlining concrete measures to bolster confidence and create favorable conditions for the regional economy amid a complex global geo-economic situation.
China and the US are continuing to step up engagement, with increasingly frequent meetings and visits by officials and business leaders from both sides, signaling that the two world's biggest economies remain committed to stabilizing ties, even as differences and ...
The World Trade Organization (WTO) on Monday officially kicked off the 13th Ministerial Conference in Abu Dhabi, the United Arab Emirates, as it accepted two more countries as members and seeks to tackle a wide range of issues, including reforms, ...
A growing number of indicators, including record numbers of passenger trips and box office revenue during the Chinese Lunar New Year holidays, which ended on Saturday, highlighted a bustling holiday travel and consumption peak in China, continuing a tourism boom ...
Chinese and US officials held another round of talks in Beijing on Monday and Tuesday as part of their Economic Working Group established last year, according to media reports, adding to growing interactions since the beginning of 2024 between officials ...
China's central bank has penalized six credit ratings firms, including the China unit of US-based S&P Global Ratings, for failing to follow legal procedures and rules, in what analysts said was a strong signal that Chinese regulators are stepping up ...
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has called for efforts to accelerate the development of new productive forces and firmly promote high-quality development, the Xinhua News Agency reported on Thursday, further highlighting China's ...
China's annual Spring Festival travel rush, also known as chunyun, kicked off on Friday, and saw tens of millions of people rush to take trains, planes and other packed vehicles to reunite with their friends and families on the first ...
China's Foreign Ministry on Thursday slammed the European Commission's so-called economic security plan, which is reportedly aimed at China, saying that the move will only exacerbate global concerns over the EU's rising protectionism and unilateralism and further undermine Chinese and ...
Chinese officials vowed on Monday to fully implement a recently released development plan for the “silver economy,” or the eldercare industry, to cope with an aging population and foster new economic growth drivers. A number of Chinese companies have also ...
Chinese Premier Li Qiang met separately with Irish President Michael D. Higgins and Irish Prime Minister Leo Varadkar on Wednesday in Dublin, where the two countries pledged to strengthen bilateral cooperation in a wide range of areas, including trade, investment, ...
Chinese Premier Li Qiang on Tuesday called for global cooperation in various areas to rebuild global trust, including strengthening macroeconomic policy coordination and international industrial specialization and cooperation, warning that lack of trust and fragmentation will risk global economic growth ...
China and Switzerland have completed the joint feasibility study on upgrading the China-Switzerland Free Trade Agreement (FTA) and agreed to support the early launch of formal FTA upgrade negotiations, the two sides announced on Monday during talks between Chinese Premier ...
China's vehicle industry reached milestones in 2023, with record production and sales, according to industry data released on Thursday, paving the way for the country to potentially become the world's largest car exporter.
Chinese Commerce Minister Wang Wentao raised "serious concerns" over US restrictions on a third-party country's exports of a crucial chipmaking tool to China and crackdowns on Chinese firms, in a phone call with US Commerce Secretary Gina Raimondo on Thursday. ...
The World Bank has issued a stern warning that the global economy is set for a “weakest” half-decade performance in three decades, as it forecasts a slower growth rate of 2.4 percent in 2024, down from 2.6 percent for 2023. ...
While foreign investment into China has been declining since the second quarter of 2023 due to a downturn worldwide, Chinese officials and analysts remain confident that China is still a top destination for global investors, thanks to measures to expand ...
China's tourism market boom over the three-day New Year's Day holidays did not end with the holidays. Over the past several days, bustling scenes of tourists enjoying ice and snow activities in Harbin in Northeast China's Heilongjiang Province and sunshine ...
US-based Citigroup Inc plans to launch a wholly owned investment banking unit in China by the end of 2024, according to Reuters, adding to an increasing number of global financial institutions that are actively expanding their presence in the Chinese ...
Chinese officials said on Tuesday that efforts to build a unified national market have played a positive role in unleashing domestic consumption potential and consolidating the economic recovery, as many problems that hindered fair market access have been effectively addressed. ...
Chinese policymakers are stepping up measures to boost the economic recovery, including swiftly implementing the country's 1 trillion yuan ($137 billion) additional special bond plan to boost investment and demand, and they're vowing to ramp up fiscal policy in 2024, ...
Chinese mainland authorities announced on Thursday that preferential tariffs on a dozen chemical products from the island of Taiwan will be scrapped starting on January 1, 2024, in response to Taiwan authorities' unilateral, discriminatory restrictions and bans against mainland exports.
Shanghai Disney Resort on Wednesday opened the world's first Zootopia-themed land at Shanghai Disneyland, in another major step by the US-based entertainment giant to expand in the Chinese market amid a continuous rise in the nation's consumption power.
China's economy faced serious downward pressure in 2023, but it still achieved impressive hard-won results in GDP growth, high-quality development, and so on. Behind this is scientific policymaking under Xi's leadership
Entering the Qianhai and Shekou Area of the China (Guangdong) Pilot Free Trade Zone in Shenzhen, one can immediately feel the sheer size and vibrancy of one of the busiest ports in China: there are rows of high-rise buildings and ...
High-quality development is “the absolute principle in the new era,” promoting Chinese modernization is “the greatest political task,” economic construction is “the central task.” These are unmistakable signals from a key conference that high-quality economic development is at the front ...
China's imports and exports expanded by 1.2 percent year-on-year in November, with exports recording the first expansion in dollar terms in seven months, according to official data of Thursday, beating markets expectations and offering more proof that China's economic recovery ...
China on Tuesday firmly pushed back against a decision by US ratings agency Moody's to affirm China's credit ratings but cut its outlook from stable to negative, stressing that China's economy remains resilient, it has the capabilities to deepen reforms ...
US Commerce Secretary Gina Raimondo's latest remarks that renewed the US illusion of the so-called China threat and attacked US chip companies that seek to continue doing business with China are counterproductive to the efforts from both sides of the ...
At the ongoing China International Supply Chain Expo (CISCE) in Beijing, a major platform for strengthening cooperation on safeguarding global supply chains, Chinese firms showcased their independent technological achievements as well as their efforts in cooperating with partners from around ...
When Chinese President Xi Jinping and the US President Joe Biden meet for the first time in a year in San Francisco later this week, there will be a complex, urgent set of bilateral and global issues for them to ...
The ongoing 6th China International Import Expo (CIIE) in Shanghai serves as a catalyst for boosting bilateral trade cooperation between Kazakhstan and China, as bilateral trade is on track for another record this year, Kazakh Minister of Trade and Integration ...
Executives of many multinational companies have expressed their confidence in the Chinese market and vowed to further expand their businesses in the country, as they explore opportunities at the ongoing China International Import Expo (CIIE) in Shanghai.
The American Chamber of Commerce (AmCham) in Shanghai announced on Thursday that it will co-host the American Food and Agriculture Pavilion with the US Department of Agriculture at the upcoming China International Import Expo (CIIE), marking the first official US ...
The central financial work conference that concluded on Tuesday stressed to comprehensively strengthen financial supervision, improve the financial system, optimize financial services, prevent and resolve risks, unswervingly follow the path of financial development with Chinese characteristics, and promote high-quality financial ...
Californian Governor Gavin Newsom's trip to China has drawn much attention both in China and the US over the past several days. As the first US state governor to visit China in more than four years, Newsom has been warmly ...
Chinese Premier Li Qiang on Tuesday starts his four-day trip to Kyrgyzstan, attending the 22nd Meeting of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO) Member States in Bishkek, and paying an official visit to Kyrgyz ...
At about 10 am on Monday morning, traffic was gridlocked outside a massive building in ¬-Guangzhou, South China's Guangdong Province. Many people were already lining up to enter the building. Inside, people of all nationalities and ethnicities carrying luggage moved ...
China on Wednesday launched the Global Artificial Intelligence (AI) Governance Initiative, offering an open, inclusive and fair approach for the development, security and governance of emerging artificial intelligence technologies and services, in stark contrast to the US' restrictions and blockade ...
The third Belt and Road Forum for International Cooperation (BRF) is crucial for not just consultations on the joint construction of the Belt and Road Initiative (BRI), but also the promotion of unity, cooperation and peace, at a time of ...
On a summer afternoon this year, bridge cranes were in constant movement, loading and unloading massive cargo ships at the container terminal of the Port of Piraeus, about 10 kilometers southwest of Athens. A seemingly endless stream of ferries was ...
Several third-quarter indicators due out on Friday, including exports, are expected to show that the Chinese economy is still on a sustained recovery track, even as downward pressure persists due largely to a deteriorating external environment, Chinese economists said on ...
On a recent summer afternoon in Tashkent, capital of Uzbekistan, there were very few people on the streets, and traffic was relatively light. Such a sight hardly showed any sign of a rapidly shifting global geo-economic landscape. Yet, a closer ...
As the 8-day Golden Week holiday approaches, tourists are swarming to China's famous landmarks like Tian'anmen Square in Beijing, the Bund in Shanghai, and West Lake in Hangzhou, East China's Zhejiang Province. The vibrant atmosphere, buzzing with excitement and activities, ...
Editor's Note: On Tuesday, Bakyt Torobaev, deputy chairman of the Cabinet of Ministers of Kyrgyzstan, held a meeting with representatives of many Chinese businesses to boost trade and investment cooperation with China. Following the meeting, the Global Times reporter Wang ...
On Tuesday morning, outside a hotel in northeastern Beijing, a motorcade consisting of cars with diplomatic plates and police cars packed the parking lot. In the lobby, a big blue poster with the Chinese and Kyrgyz flags reads: "Deputy Prime ...
Chinese and EU officials on Monday held a high-level economic and trade dialogue in person in Beijing for the first time since the COVID-19 pandemic, saying that they had held “in-depth, candid and productive” talks and reached a series of ...
The 20th China-ASEAN Expo, which concluded on Tuesday in Nanning, South China's Guangxi Zhuang Autonomous Region, saw record numbers of events, cooperation projects and investments. Nearly 2,000 businesses, up 18.2 percent from 2022, showcased their products at the expo. High-tech ...
At first glance, the streets of Tashkent, capital of Uzbekistan, look more like a typical Central Asian city. There are not many high rises. Most of the street signs are in Uzbek or Russian, though some newer restaurants also carried ...
China and ASEAN are set to further boost economic and trade cooperation amid a rapidly shifting global geo-economic landscape, as a major expo is set to kick off on Saturday in Nanning, South China's Guangxi Zhuang Autonomous Region, offering a ...
Ask anyone in Uzbekistan about the biggest advantage of the country's culture and tourism development, the response is usually three words - history, culture and safety - usually in that order. In history, Uzbekistan was a crucial hub on the ...
At a major fair for investment and trade that kicked off in Xiamen, East China's Fujian Province on Friday, many global businesses, including those from the US and the UK, expressed confidence in the Chinese market thanks to the long-term ...
Chinese Commerce Minister Wang Wentao and US Commerce Secretary Gina Raimondo held “rational, candid and constructive” talks on Monday, the second day of the US commerce chief's four-day high-stake trip to China, and the two sides announced to set up ...
The Chinese mainland on Monday suspended imports of mangoes from the island of Taiwan, after detecting harmful pests in the fruit that pose a serious threat to the mainland's agricultural production and biological security if allowed in, a mainland official ...
The US' announcement of preliminary anti-dumping duties on tin-plated steel imports from three countries based on a single firm's petition unfairly targets China, with a substantially higher tariff rate on its imports, which is likely in violation of WTO rules, ...
US politicians, including President Joe Biden, and some mainstream media have recently launched a smearing campaign against China's economy, while touting the so-called "Bidenomics"; however, lingering risks in the US economy and Washington's toxic policies have already wreaked havoc and ...
The 7th China-South Asia Expo officially kicked off in Kunming, the provincial capital of Southwest China's Yunnan Province, on Wednesday, fully resuming its offline exhibition for the first time since the start of the COVID-19 pandemic and offering a crucial ...
After a series of Chinese policymakers' back-to-back policy measures to boost the economy in the second half of 2023, many around the world are keeping a close eye on China's forthcoming economic data for July to gauge the recovery trajectory ...
China on Thursday scathingly criticized the US government's move to ban new US investment in key technology industries in China, the latest attempt in Washington's relentless crackdown campaign against China. China has lodged stern representations with the US side and ...
Chinese farmers and analysts said on Wednesday that while the country's Northeast region, which accounts for more than one-fifth of the national grain production and is known as "China's granary," recently suffered from severe rainstorms and flooding, the impact on ...
In China's economic policymaking, policymakers and economists often use a rather apt term to describe the integral role the private sector plays in the country's social and economic development: "56789." This refers to private firms' contribution of more than 50 ...
Chinese authorities on Monday issued 20 measures to boost domestic consumption, including support for expanding real estate and auto sales, underscoring the country's intensifying efforts to ensure steady economic recovery and meet annual economic development goals amid internal and external ...
Chinese and overseas markets on Tuesday responded positively to a top meeting on the Chinese economy, where top Chinese officials vowed various efforts to ensure reasonable economic growth amid new challenges, which evidently injected confi-dence into the growth prospect of ...
China's six largest economic powerhouse provinces had all released their first-half GDP data as of Sunday, showing solid expansion, with many growing faster than the national economy, amid a steady recovery despite domestic and external downward pressure.
Chinese officials said on Monday China's economy expanded by 6.3 percent year-on-year in the second quarter of 2023, as they sought to project confidence in the overall positive recovery trend, while also acknowledging challenges from a complex global political and ...
Chinese officials said on Friday that China's economic recovery remains on track, with positive improvements in the economic cycle, residents' income and consumption, and has effectively coped with changes in the external environment amid an intricate and complex global geo-economic ...
China's Ministry of Commerce (MOFCOM) said on Thursday that it holds an open and welcoming attitude toward a potential visit by US Secretary of Commerce Gina Raimondo, in the latest sign of growing official bilateral exchanges, but the ministry reiterated ...
Success in R&D over the years has propelled the private company to be the first firm listed on the Shanghai Stock Exchange's new Science and Technology Innovation Board, or the STAR market, a NASDAQ-style board for tech firms. That has ...
China's Ministry of Finance said on Monday that in meetings with US Treasury Secretary Janet Yellen during her recent China trip, the Chinese side raised major concerns with the US side, and urged the US to remove additional tariffs on ...
Chinese Premier Li Qiang met with US Treasury Secretary Janet Yellen in Beijing on Friday, urging the US to maintain a "rational and pragmatic" attitude and work with China to bring bilateral ties back to the right track as soon ...
The sun shone brightly in the clear, blue sky right before noon at the Meishan Port Area of the Ningbo-Zhoushan Port in Ningbo, East China's Zhejiang Province. Several massive, red tower cranes were simultaneously loading and unloading containers from a ...
The third China-Africa Economic and Trade Expo kicked off on Thursday in Changsha, Central China's Hunan Province, where representatives from 53 African countries and 12 international organizations gathered to further boost bilateral cooperation, with deals worth $19.1 billion expected to ...
Even as American officials, including US Secretary of State Antony Blinken, are pursuing talks with their Chinese counterparts aimed at stabilizing a bilateral relationship that is at its nadir, there is growing talk in Washington of letting a landmark bilateral ...
As Chinese Premier Li Qiang is set to embark on his first overseas trip as premier to Germany and France on Sunday, strengthening economic and trade cooperation between China and two of European continent's biggest economies is high on the ...
US Treasury Secretary Janet Yellen has warned of “disastrous” consequences for the US to decouple from China, while also claiming that the World Bank and the IMF can be used as “an important counterweight” to China.
The US has become hysterical and unscrupulous in its campaign to contain China's technological rise, even as some of its radical export bans are facing increasing resistance from industry players due to massive losses, Chinese officials and experts said on ...
Chinese officials said on Monday that China has achieved positive initial results in building a unified national market, and they vowed to further carry out the crucial strategy, which aims to root out local protectionism and give full play to ...
Foreign ministers from the BRICS countries – Brazil, Russia, India, China and South Africa – kicked off a meeting on Thursday in Cape Town, South Africa, where they are expected to discuss a wide range of issues, including preparation for ...
On a sweltering Friday afternoon, cranes periodically maneuver over a massive construction site in northwest Beijing's Haidian district. Inside the walled-up site, trucks and machines roar, though the sound is muffled. At first glance, this is just a typical scene ...
China is making clear its unwavering commitment to openness and global cooperation in scientific and technological innovation with two major tech forums that have brought together businesses and scholars from around the world, in a resounding rejection of the US' ...
Standing in the middle of a massive construction site with a strong, gusty wind and constant construction noise in the background, Fu Xing, a mid-aged, bespectacled construction manager with a slight figure can barely be heard. Wearing his typical workman ...
The 3rd China-Central & Eastern European Countries (CEEC) Expo officially kicked off in Ningbo, East China's Zhejiang Province on Tuesday, drawing a record number of participants as many CEEC businesses are keen to introduce everything from agricultural products to wine ...
As finance leaders of the Group of Seven (G7) countries continued their three-day meeting in Japan on Friday in preparation for the leaders' summit next week, Washington's gridlock over its debt ceiling issue has cast a dark cloud over the ...
A detailed report by China Media Group (CMG) detailing Chinese national security and other authorities' recent law enforcement action against consultancy Capvision has drawn widespread attention from foreign media outlets and representatives of certain Western business groups in China. But ...
China is willing to further deepen friendly cooperation with the World Intellectual Property Organization (WIPO), and work together to make the global intellectual property governance system fairer and more equitable and better improve the well-being of humankind, Chinese President Xi ...
Sitting at the southernmost tip of the Chinese mainland, Xuwen Port in Zhanjiang, South China's Guangdong Province was one of the starting ports for the ancient Maritime Silk Road more than 2,000 years ago. Today, the port is the world's ...
The 133rd China Import and Export Fair, commonly known as the Canton Fair, officially kicked off with an opening ceremony on Friday in Guangzhou, South China's Guangdong, and is expected to be the largest ever after fully resuming its offline ...
Brazilian President Luiz Inácio Lula da Silva on Wednesday officially kicked off his highly expected visit to China, after a brief delay due to his health condition.
Sanya, a city in South China's Hainan Province, is known as a holiday paradise for both Chinese and foreign travelers. However, when Yuan Zhipeng arrived in the city in 2020, he didn't come for the beautiful beaches and resorts the ...
Top Chinese agricultural scientists have warned against food security risks for the country due to a number of factors, including growing domestic demand and over-reliance on imports amid global uncertainties, while vowing to make breakthroughs in studying and finding better ...