The essence of China-US economic and trade relations is mutually beneficial and win-win. A stable, healthy, and sustainable trade relationship between the two countries serves their fundamental interests and benefits global businesses, a senior Chinese official said on Tuesday.
China issued a guideline on promoting the high-quality development of renewable energy and the green electricity certificate (GEC) market on Tuesday. The guideline specifies that China's green certificate market trading system will be basically complete by 2027, and the market will be further improved by 2030, operating in an efficient and orderly manner.
The rising frequency of extreme weather events, from devastating wildfires to powerful tornadoes, serves as a stark reminder of the pressing urgency for global climate action. However, the recent reversal ...
As the bankruptcy of Northvolt marks a major setback for Europe in the electric vehicle (EV) battery industry, it is understandable that European officials are seeking to provide more funding ...
China's Minister of Commerce Wang Wentao on Monday met with Airbus CEO Guillaume Faury, the Ministry of Commerce (MOFCOM) said in a statement on Tuesday. The latest move added to the recent frequent meetings between MOFCOM officials and foreign enterprises' ...
China is riding the wave of an artificial intelligence (AI)-powered transformation, as multiple localities increase support for the innovation and application of large language models (LLMs) and related technologies. Major Chinese industry players are actively integrating AI to form new ...
“Every time I fly the drone, it draws a crowd – especially elderly farmers – who marvel at how it flies and carries heavy loads,” Liu Yang, a 37-year-old drone operator, told the Global Times, right beside a truck that ...
The Organization for Economic Cooperation and Development (OECD), based in Paris, has raised its forecast for China's economic growth to 4.8 percent this year from a previous projection of 4.7 percent in December.
China's digital industry operated steadily in 2024, with increases in both revenue and profits, data from the Ministry of Industry and Information Technology (MIIT) showed on Monday.
In the realm of household chores, an activity as seemingly mundane as sweeping is undergoing a revolution, thanks to the integration of artificial intelligence (AI) with home appliances. This burgeoning sector - sweeping robots, where innovation meets daily requirements - ...
As the US tariff policy continues to pile ever-growing pressure on the US economy and financial markets, it has become evident that Washington's use of tariffs as a means to gain the upper hand in trade negotiations or economic competition ...
German auto makers Volkswagen (VW) and BMW on Monday announced major cooperation plans with Chinese companies, in a strong sign of the resilience and potential of China-EU cooperation in the automotive industry.
Wang Hongzhi, head of China's National Energy Administration (NEA) and Ed Miliband, UK Secretary of State for Energy Security and Net Zero, co-chaired the 8th China-UK Energy Dialogue in Beijing on Monday, during which they had in-depth exchanges on topics ...
China's national economy got off to a steady start for the year with new and positive development momentum. In January and February, industrial output, retail sales and fixed-asset investment all grew at a faster pace than a year earlier, official ...
Hong Kong Special Administrative Region (HKSAR) Chief Executive John Lee Ka-chiu on Monday expressed his sorrow over the passing of renowned entrepreneur Lee Shau-kee, extended deepest condolences to his family, and spoke highly of Lee Shau-kee's contribution in economic development, ...
China will allocate about 66.74 billion yuan ($9.22 billion) in employment subsidies as part of efforts to support local governments in assisting businesses to create more jobs, an official of the Ministry of Finance said on Monday.
A store of Chinese bubble tea chain Mixue Ice Cream & Tea in Yichang, Central China's Hubei Province, was exposed for “food safety issues” by a local TV station. However, despite the exposure, some netizens defended Mixue, which is known ...
"Artificial intelligence (AI) writes poetry better than me, paints better than me, can edit videos and create PowerPoint Presentations effortlessly. Recently, AI has become so omnipotent in all respects that I can't help but ask: Will I be replaced by ...
Lee Shau-kee, founder of Hong Kong's Henderson Land Development Company Limited, passes away on Monday at his age of 97 accompanied by his families, according to a statement published on the company's official website.
Chinese commercial space company Galactic Energy announced on Monday that it successfully deployed eight satellites into sun-synchronous orbits from the Jiuquan Satellite Launch Center in Northwest China's Gansu Province.
China's central bank vows to implement moderately loose monetary policy to expand domestic consumption China's central bank announced on Monday that it will implement a moderately loose monetary policy to foster a favorable financial environment for accelerating domestic ...
Airports across China have reported an increase in foreign passengers, benefiting from the 240-hour visa-free transit policy, which was implemented three months ago.
Chinese stocks have kept on rallying lately, showing strong resilience amid global financial market volatilities. As a result, multiple financial institutions have upgraded their ratings for Chinese equities. Morgan Stanley recently upgraded its rating on Chinese stocks, calling it "the optimal ...
A large unmanned cargo aircraft, independently developed by Yitong UAV System Co, completed its maiden flight on Saturday at Laixi Dianbu Airport in Qingdao, East China's Shandong Province, with a payload capacity exceeding one ton, marking another significant breakthrough for ...
Shanghai-based robotics firm Fourier Intelligence has released its open-source full-size humanoid robot dataset, Fourier ActionNet, along with the world's first full-process tool-chain.
China's industrial output accelerated at a faster pace in the first two months of 2025, with notable acceleration in equipment manufacturing and high-tech manufacturing, the National Bureau of Statistics (NBS) said on Monday.
China's value-added industrial output, an important economic indicator, went up 5.9 percent year on year in the first two months of 2025, data from the National Bureau of Statistics showed on Monday.
China on Sunday made public a plan on special initiatives to boost consumption. This comes as the world's second-largest economy moves to make domestic demand the main engine and anchor of economic growth.
As the global financial market prepares for what has been dubbed "super central bank week," starting on March 17, the central banks of several nations, including the US and Japan, are poised to announce interest rate decisions. These decisions, while ...
With the upcoming GPU Technology Conference (GTC) 2025 hosted by Nvidia, which is set to run from Monday to Friday in San Jose, California, investors are trying to use the conference to gauge the impact of the US "small yard, ...
"Ningbo won't be the same without its entrepreneurship, and innovation is essential here," Yao Xianjun, president of Ningbo Junling Mould Technology Co, told the Global Times. "In a market where competition is too fierce, there is only one way forward ...
Shenzhen, South China's Guangdong Province, on Sunday announced plans to raise the maximum housing provident fund loan to 2.31 million yuan ($319,155), while further lowering the minimum down payment requirement, making it the latest Chinese city to boost housing provident ...
China's General Administration of Customs (GAC) said on Sunday that it is accelerating the introduction of measures to promote steady growth in foreign trade, including efforts to help enterprises stabilize overseas orders.
South China's Guangdong Province on Sunday held a job fair that focused on emerging industries such as artificial intelligence (AI). The event highlighted growing demand for skilled talent in emerging industries, which is becoming a crucial driving force for stabilizing ...
Multiple Chinese government departments pledged over the weekend to strengthen clampdown on illegal activities and provide more high-quality products to the market, after state broadcast CCTV's annual “3.15” Consumer Rights Gala exposed various business misconduct, including food safety breaches and ...
China's tech companies have ramped up efforts in AI exploration, launching a growing number of new models following DeepSeek's R1 release earlier this year.
About 4,800 inbound foreign tourists arrived at the Shanghai Wusongkou International Cruise Terminal on Sunday, setting a new single-day record, according to a CCTV News report.
A research team from the Dalian Institute of Chemical Physics (DICP) under the Chinese Academy of Sciences, recently announced a significant breakthrough in lithium battery technology, featuring a successful ultra-low-temperature drone test in Mohe city, Northeast China's Heilongjiang Province, the ...
Chinese coffee giant Luckin Coffee has signed a memorandum of understanding with the Banggai Islands Regency, Indonesia, designating the region as the exclusive premium origin for coconut milk used in its signature Coconut Latte, the company announced on March 13. ...
China's medical equipment market size reached 1.35 trillion yuan (about 188.2 billion U.S. dollars) in 2024, according to a medical equipment conference that opened in southwestern Chongqing Municipality on Saturday.
At a high-profile globalization think tank forum held on Friday, diplomats, scholars and policymakers voiced growing confidence in China's 2025 economic trajectory, citing tech breakthroughs, thriving private-sector entrepreneurship, and targeted policy momentum from the two sessions, while Asian and European ...
A branch of Mixue Group, one of China's largest tea drink chains, is under scrutiny after reportedly using leftover lemon and orange slices to prepare its signature beverages the next day in Yichang, central China's Hubei Province. Local market regulators ...
China's National Administration of Financial Regulation (NAFR) issued a notice on Friday, urging financial institutions to develop consumer finance to support the consumption market, a fresh move by the Chinese financial regulator to boost consumption.
EU members and wine industry players have expressed firm opposition to the 200-percent tariff threat on Thursday from US President Donald Trump on all wines, champagnes, and other alcoholic beverages from France and other EU member states after the bloc ...
Gold prices hit a new record high on Friday, surging past the $3,000 per ounce mark. Meanwhile, gold ornament prices of China's gold jewelry brands Chow Sang Sang and Lao Miao Gold both passed 900 yuan ($124.3) per gram. Analysts ...
Like last December's Central Economic Work Conference, the Government Work Report unveiled at the two sessions recently reiterates the importance of "making continued efforts to stem the downturn and restore stability in the real estate market." While the overall tone ...
In this year's Government Work Report delivered and approved during the two sessions, China underscored its commitment to ensuring stability in the real estate market, as highlighted in the section on Overall Requirements and Policy Orientations for Economic and Social ...
Warmer spring weather is driving growth in tourism and service markets, creating substantial opportunities for outdoor gear suppliers, the Global Times has learned.
Liu Hongru, former deputy governor of the People's Bank of China (PBC) and first chairman of the China Securities Regulatory Commission (CSRC), passed away at the age of 95 on Friday, Chinese financial news portal, the website of Securities Times ...
When asked by the media whether China is deliberately allowing the expiration of export licenses for hundreds of US slaughterhouses to export to China, as the USDA claims that these licenses will expire this weekend and China Customs has not ...
In response to a question about a Bloomberg report that the European Union's foreign policy chief Kaja Kallas said “Who is laughing on the side or looking at the side is China… It's really benefiting from the US having a ...
The Trump administration recently announced a 25-percent tariff on imports of steel, aluminum, and certain steel and aluminum-containing products from the European Union (EU). In response, the bloc announced on Wednesday a 50-percent tariff on American whisky.
The World Trade Organization (WTO) on Wednesday said that global goods trade appeared to remain steady in the fourth quarter of 2024 and looked set to continue growing in the first months of 2025, but increased trade policy uncertainty and ...
A Chinese research team has developed a silicon photonic integrated high-order mode multiplexer chip, enabling ultra-high-capacity on-chip optical data transmission, the Global Times learned from Fudan University on Thursday.
Capitalizing on China's trade-in program, Samsung Electronics and SK Hynix witnessed a boost in their sales in China last year, according to the Yonhap News Agency. This increase was not just a reflection of the resilience and profitability of the ...
The People's Bank of China (PBC), the central bank, said on Thursday that it will lower the reserve requirement ratio (RRR) and interest rates at the appropriate time, based on domestic and international economic and financial conditions, as well as ...
Over a dozen Chinese government departments, including the Ministry of Industry and Information Technology (MIIT), on Thursday issued a guideline to help small and medium-sized enterprises (SMEs) enhance their compliance awareness and strengthen compliance management.
China's autonomous driving start-up Pony.ai has officially launched its Robotaxi service connecting the Beijing South Railway Station with the Beijing Economic-Technological Development Area (BDA), according to the company on Thursday.
China has further expanded the scope of a pilot program that facilitates and optimizes cash-pooling services for multinational companies, in accordance with the guidelines of the Central Economic Work Conference, the People's Bank of China (PBC), the country's central bank, ...
Starting from Thursday, China's flag airline Air China has adjusted its flight route between Beijing and Washington, D.C., officially launching a nonstop service with the use of Boeing 747 aircraft, according to an announcement from the airline's official WeChat account.
China continues to strengthen economic and trade exchanges with other countries despite growing unilateralism and protectionism from certain Western countries, with multiple events held overseas recently including the UK, Brazil and Germany to promote trade cooperation.
China will step up efforts to attract more foreign investment, officials said, while newly released data shows that the actual use of foreign capital by the country has totaled 20.6 trillion yuan ($2.85 trillion) by the end of 2024.
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 business entities including foreign-invested enterprises in China, the Ministry of ...
A Chinese research team has developed a silicon photonic integrated high-order mode multiplexer chip, enabling ultra-high-capacity on-chip optical data transmission, Global Times learned from Fudan University on Thursday.
Relevant authorities from China and the US have been maintaining communication on trade issues, China's Ministry of Commerce (MOFCOM) spokesperson He Yongqian said on Thursday.
When asked about media reports that Walmart had been summoned for talks by China's Ministry of Commerce and other departments for reportedly requiring some of its Chinese suppliers to slash prices, a spokesperson of China's Ministry of Commerce said on ...
China's rapid advancements in the artificial intelligence (AI) sector, exemplified by DeepSeek, a cost-competitive newcomer among global AI models, have captured global attention and driven capital inflows into the country's sci-tech capital market.
A Chinese research team has successfully developed a single-atom-thick metal layer, with a thickness just one two-hundred-thousandth of a human hair's diameter, achieving the world's first large-scale production of two-dimensional (2D) metal materials, the Global Times learned from the research ...
In October last year, the EU announced the imposition of anti-subsidy tariffs on Chinese-made battery electric vehicles (EVs), a move that was widely interpreted as an attempt to shield its domestic EV industry from the competitive pressures exerted by Chinese ...
While the US focuses on containing China's shipbuilding industry, China is actively enhancing the quality and technology of its ships. This stark contrast shows that the US stands little chance of stifling the rapid development of China's shipbuilding sector.
China's healthcare authority on Wednesday issued a pricing guideline for neural system care services, which specifically listed brain-computer interface (BCI) as an independent category, paving the way for the rapid clinical application of BCI technology in clinical use.
China is promoting university-enterprise collaboration on employment and education projects in artificial intelligence (AI) application, China Central Television (CCTV) reported on Wednesday, in another important effort to boost AI-related talent training and employment.
The US' additional tariffs on all US steel and aluminum imports went into force on Wednesday, drawing harsh criticism and even swift retaliation from some of its major trading partners, including China, the EU and Canada, according to official statements ...
Multiple Chinese localities have been rolling out measures to further attract foreign investment and promote opening-up, as Shenzhen in South China's Guangdong Province on Wednesday made the latest move to implement incentives targeting qualified foreign enterprises for expanding local investment ...
As China's two sessions have set the economic growth target of around 5 percent for 2025, economists and analysts have highlighted boosting domestic consumption, fostering high-tech growth and healthcare-related sector as some of the key grippers to drive the growth ...
Since the start of 2025, Chinese tech startups and cutting-edge technologies have drawn widespread global attention, as shown in the global rise of artificial intelligence (AI) firm DeepSeek. This phenomenon has provided an important window into China's rapid advancement in ...
Chinese Foreign Ministry (FM) spokesperson Mao Ning said on Wednesday that China-US trade is reciprocal, and cooperation can achieve mutual benefit and win-win outcomes. If pressure is exerted relentlessly against China, China will definitely take resolute countermeasures.
Responding to media inquiries about whether China will take actions or retaliate against the US' imposition of a 25 percent tariff on steel and aluminum imports, Chinese Foreign Ministry Spokesperson Mao Ning stated on a regular press conference on Wednesday ...
When asked by foreign media whether China's Ministry of Commerce (MOFCOM) and other relevant authorities had summoned Walmart over demands for steep price cuts from Chinese suppliers, Foreign Ministry spokesperson Mao Ning said at a press conference on Wednesday that ...
The Ministry of Commerce (MOFCOM) and other departments summoned Walmart on Tuesday for reportedly requiring some of its Chinese suppliers to slash prices significantly in an attempt to shift the burden of the US tariffs on China to Chinese suppliers ...
In response to a US official's remarks that "everything the US does in Taiwan is to make Taiwan stronger, safer, and more prosperous" and can build a "supply chain in areas such as drones and robotics," Chen Binhua, a spokesperson ...
The White House confirmed on Tuesday that a 25 percent tariff on steel and aluminum imports would take effect at midnight Wednesday, with no exemptions. This unilateral move has drawn immediate backlash from various nations and added uncertainty to financial ...
When asked by the media about the Chinese mainland's response to Taiwan's announcement on Tuesday to initiate anti-dumping investigations into mainland steel products and beer, and whether further trade countermeasures, including the potential cancellation of the Economic Cooperation Framework Agreement ...
In response to a recent joint announcement by US President Donald Trump and Taiwan Semiconductor Manufacturing Company (TSMC) CEO C.C. Wei that TSMC will invest at least another $100 billion in the US, sparking concerns on the island that TSMC ...
China is promoting university-enterprise collaboration on employment and education projects in “artificial intelligence (AI) application,” China Central Television (CCTV) reported on Wednesday.
U.S. President Donald Trump said on Tuesday that he will impose an additional 25 percent tariff on steel and aluminum from Canada, raising the total tariff to 50 percent, in response to tariffs on electricity exports from the Canadian province ...
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 14th NPC held the closing meeting of its third session ...
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 sessions in Beijing. It aims to foster a closer China-ASEAN ...
On a breezy Sunday afternoon along Shenzhen Bay, a sleek humanoid robot sporting metallic limbs and laser-focused sensors sprinted past joggers and cyclists, with its fluid strides mirroring a human athlete.
Flash sales are merely one aspect of China's diverse consumer landscape. Product diversification, by offering consumers more choices, only serves to establish more reasonable prices, which help in mitigating both deflation and inflation.
Visitors observe an electric car at an auto show in Urumqi, Northwest China's Xinjiang Uygur Autonomous Region on March 11, 2025. According to the China Association of Automobile Manufacturers, from January to February this year, China's new-energy vehicle output ...
Some US politicians seem to never tire of using "national security" as an excuse to unjustifiably suppress Chinese products, even though this self-defeating approach not only stands little chance of achieving its intended goals but risks undermining the US' own ...
Most Asia-Pacific stock indexes slid on Tuesday, following a plunge in US stock markets on Monday (US time), as anxiety over the US government's tariff policy and a potential recession in the world's largest economy continued to spread, according to ...
A team from the EYE & ENT Hospital of Fudan University (FDEENT) in Shanghai recently achieved a milestone by successfully performing the world's first remote non-invasive surgery on a patient with a glottic tumor in Kashgar, Northwest China's Xinjiang Uygur ...
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 and political advisors from various high-tech fields have noted the ...
The "AI Plus" initiative has come under the spotlight at this year's annual sessions of China's national legislature and the top political advisory body, with some lawmakers from the home appliance sector sharing their insights and proposals during this year's ...
Elon Musk suffered double blows in one day. In addition to Tesla's stock sell-off, his social media platform X (formerly Twitter) faced a massive cyberattack on Monday US local time. According to a Chinese cybersecurity firm, the attack was attributed ...
In response to question regarding US government's imposition of additional tariffs on Chinese goods exported to the US, Chinese Foreign Ministry spokesperson Mao Ning said on Tuesday that the US side insisted on using the fentanyl issue as a pretext ...
China will continue to empower the world economy with high-quality development and high-level opening-up, providing a new key impetus for global economic recovery and development, a spokesperson for the Chinese Foreign Ministry (FM) said on Tuesday.
The potential additional US tariffs on Chinese legacy chips, if implemented, will only further raise costs for US industries, while failing to curb China's chip industry, as Chinese high-performance chips hold substantial advantages in the global market, experts said.
US stocks plunged on Monday, as the US administration's unrelenting tariff threats on its major trade partners caused rising jittery and fears that the US economy may be headed for a distressful recession, according to US media reports.
The enthusiastic discussions about patient capital among lawmakers and political advisors, coupled with the message in the Government Work Report, underscore a shift in China toward leveraging more patient capital to bolster the growth of high-tech sectors.
How to seize the "Asian opportunity" in the auto industry? There is a need to accelerate the transition to electric vehicles (EVs) to meet demand, as statistics indicate that the EV market in the Asian auto sector is growing rapidly. ...
US tariffs have sparked widespread concern among American industry players, economists and media outlets over potential adverse impact on the US economy that could raise costs and burdens for US businesses and consumers, according to several US media reports.