Northwest China's Xinjiang Uygur Autonomous Region grabbed the top spot in the country in terms of grain yield per unit area in 2024, marking a new breakthrough in the region's efforts to enhance grain production, the Xinhua News Agency reported. This achievements in raising grain yield in the Xinjiang region have not been easily attained. They are the result of a comprehensive and consistent interplay of policies, technology and other positive factors.
China and the US share common interests and vast potential for cooperation in the field of digital trade. Making good use of such potential rather than sabotaging it for geopolitical purposes is what is needed for further development of global trade.
In its efforts to build into a strong maritime country, China is solidifying its leading position in global shipping and trade capacity. Initiatives such as the Belt and Road Initiative (BRI), along with the promotion of green shipping, are strengthening China's maritime capabilities and making positive contributions to global trade and development. These efforts enhance the efficiency of global supply chains, reduce logistics costs and offer substantial benefits to developing countries.
The major divergence in the development trajectories of the steel industries in the East and West not only mirrors the profound changes in the global economic landscape, but also serves as a vivid testament to China's pursuit of a high-quality transition.
Standing at a critical juncture in its mission to meet energy demand and fuel economic growth, Europe needs to accelerate the energy transition and strengthen energy cooperation. While it would be beneficial for the EU to expand cooperation with China, an important trading partner, in order to achieve these multiple goals, the EU needs to shun the protectionist mindset and embrace pragmatic cooperation with an open attitude.
Based on changes in both internal and external circumstances, the Central Economic Work Conference has made it clear that next year China will adhere to the principle of pursuing progress while ensuring stability, promoting stability through progress, and implementing a more proactive fiscal policy along with a moderately loose monetary policy, aiming to create a combination of pro-growth policy.
Despite short-term fluctuation, a profound transformation within the Chinese economy has the potential to bring vast opportunities for enhanced economic and trade cooperation between China and Australia.
Despite short-term fluctuation, a profound transformation within the Chinese economy has the potential to bring vast opportunities for enhanced economic and trade cooperation between China and Australia.
The WSJ's report on the potential expansion of US restrictions only underscores the counterproductive effects of previous measures imposed by Washington. If the US extends its restrictions to more regions beyond China, it will only expose a deeper strategic impasse.
As global free trade encounters various challenges, the expansion of the CPTPP becomes increasingly vital. After the UK officially joins, the further expansion of CPTPP to include China will be beneficial to global free trade.
It's somewhat ironic that Nippon Steel, while criticizing the "inappropriate" influence of politics on its proposed takeover of US Steel - especially following reports that Washington might block the deal - simultaneously exploits the political narrative of a "China threat" to bolster its case. If Nippon Steel truly wants to eliminate "inappropriate" political influence, it should stop using the unfounded "China threat" as a bargaining chip. It should be noted that the growth of China's steel industry has never posed a "threat" to other nations, but rather reflects broader global market trends and industrial development.
While the increase in the US CPI for November seems to be relatively moderate, media attention on this issue has intensified, with some even linking inflation to the rise of tariffs, reflecting growing concerns from the global market regarding the US' trade protectionist policies.
The US strategy toward China is increasingly detrimental to American businesses, a reality that has garnered growing attention and concern among them. Companies are beginning to recognize that Washington's approach toward China is not merely a political issue, but also an economic one that impacts their competitiveness and growth.
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.
Australian wine conglomerate Treasury Wine Estates (TWE) recently announced that it has entered into an agreement to acquire a 75 percent equity interest in Ningxia Stone & Moon Winery Co. Ltd (Stone & Moon) for a price of 130 million yuan ($18 million). This strategic move not only strengthens TWE's commitment to the Chinese wine market but also injects more impetus into the cooperation between businesses of the two countries amid the further improvement of bilateral ties.
In the face of rising trade protectionism and the US push for "decoupling," the question of how China and Australia can uphold and bolster bilateral economic and trade cooperation and avoid being carried away by third parties amid a complex and changeable international landscape has emerged as a pressing focus of attention.
China's semiconductor industry has demonstrated a remarkable surge in self-innovation in recent years, particularly in the face of escalating sanctions and export restrictions imposed by the US. Rather than retreating in the wake of these challenges, Chinese chip manufacturers have accelerated their efforts toward domestic production, achieving significant advancements across various sub-sectors. This development not only highlights the resilience and innovative spirit of China's chip industry but also signals the failure of Washington's strategy to contain China's technological development.
During Nepalese Prime Minister Khadga Prasad Sharma Oli's visit to China from Monday to Thursday, he reaffirmed Nepal's commitment to actively engaging in the Belt and Road Initiative (BRI). In May 2017, China and Nepal signed a Memorandum of Understanding (MoU) on bilateral cooperation under the framework of the BRI. Seven years on, cooperation through the BRI has deepened, further boosting bilateral economic growth. This strengthened cooperation is set to inject fresh momentum into the development of a multi-dimensional connectivity network across the Himalayas, with the potential to profoundly reshape trade networks throughout Asia.
It seems that some US politicians have become increasingly inclined to exploit the island of Taiwan's reliance on Washington in an attempt to gain both geopolitical and economic interests from this strategic pawn. However, this deepening reliance could potentially expose the Taiwan region to greater risks in the future, making it more easily fall victim to America's pursuit of its own economic and strategic interests.
Global investors are treasure-hunting in China's undervalued capital markets. On Monday, Wall Street traders spent approximately $55 million to buy call options on a leveraged ETF tracking the benchmark CSI 300 Index, which tracks the top 300 shares on the Shanghai and Shenzhen stock exchanges, the Shanghai Securities News reported on Tuesday. Typically, the trading volume of long options on the CSI 300 Index on Wall Street is significantly lower than this figure.
US President Joe Biden is visiting Angola this week, showcasing the Lobito Corridor project, which is reportedly a multi-billion US dollar investment aimed at building a railway connecting the Angolan port of Lobito to the city of Kolwezi in the Democratic Republic of the Congo, attracting attention from Western media. Some outlets see the project as a tool of geopolitical competition, with VOA highlighting it as a part of the US strategy to counter China's influence in global development. However, the project's future remains uncertain.
Despite the growing complexity of economic and trade relations between China and the EU, European companies remain steadfast in their confidence in the Chinese market, as evidenced by their continued investments and firm business choices.
In recent trading sessions, stocks related to humanoid robots in China's A-share market have seen a significant surge, attracting the attention of investors. This upward momentum reflects the increasing confidence in the future potential of China's humanoid robotics sector.
The potential wheat deal between Argentina and China indicates that Argentina's wheat exports are poised to explore new and promising market avenues, but also presents a valuable opportunity for China to further diversify its grain import strategy.
Deep-sea mining controversy necessitates joint international efforts to ensure sustainable development. Only by doing so can demands for resources be balanced with ecological protection and achieve long-term sustainable development of the sector.
If the US imposes high “dumping tariffs” on photovoltaic products imported from Southeast Asian countries, it is likely to further push up the prices of domestic products. Tariff barriers will ultimately stifle the long-term growth potential of the US photovoltaic industry.
Various indicators in the first three quarters of this year show that China's economic performance has remained stable, with several new factors contributing to a positive trajectory. The economy is expected to maintain momentum in the fourth quarter.
China will keep the exchange rate of the yuan basically stable at an adaptive and balanced level to effectively mitigate external shocks while minimizing the negative impacts of significant exchange rate fluctuations on the economy.
China-South Korea industrial cooperation has long been an important part of the Asian industrial network, consistently drawing attention. According to Korean news agency Yonhap, officials from both countries gathered on Thursday in Yancheng, East China's Jiangsu Province, to discuss strategies aimed at ensuring the stability of their supply chains.
If the EU can reconcile its internal division and establish a more unified investment policy framework by prioritizing economic rationality over political or ideological biases, its position as a more solid independent pole in a multipolar world will be consolidated.
The US Commerce Department announced Tuesday that it is finalizing a $7.86 billion government subsidy for Intel, down from the proposed $8.5 billion in March after the California-based chips maker won a separate $3 billion award from the Pentagon, Reuters reported. While the funding is significant, it remains unclear whether it will be sufficient to help Intel overcome its challenges.
The importance American companies attach to the Chinese market exemplifies the profound potential for mutual benefit and win-win cooperation that arises from China's commitment to opening up its economy.
Economic and trade relations between China and the Middle East are built on a solid foundation and have evolved significantly over time. Recently, these economic exchanges and cooperative efforts have strengthened, reflecting a mutual commitment to growth. This interest and effort from both sides foster a dynamic partnership that benefits both sides.
For some Western powers, critical minerals have turned into a strategic battleground. In response, these nations are forming alliances centered around these minerals, pressuring their allies to join exclusive blocs. This emerging trend threatens to disrupt global supply chains and poses a significant challenge to globalization.
The continuous rise in US debt is no longer merely a short-term trend, but a significant long-term challenge that has far-reaching spillover effects on the global economy.
Amid the rapid evolution in the global digital landscape and its associated industrial and supply chains, South Korea, an export-oriented economy, is increasingly supporting SMEs to drive growth, create jobs, and foster innovation. The country has stepped up efforts to activate the vitality of SMEs, integrating competitive industries, reforming institutions, supporting growth, and cultivating leading enterprises.
Northvolt, the Swedish manufacturer of battery cells for electric vehicles (EVs), has filed for Chapter 11 bankruptcy protection in the US, according to Reuters. The report highlights the swift downfall of Northvolt, which, in a matter of months, went from being hailed as Europe's best shot at a homegrown EV battery champion to a company struggling to stay afloat.
Themed "Connecting the World for a Shared Future," the second China International Supply Chain Expo (CISCE) is scheduled to take place in Beijing from Tuesday to Saturday.
The committee creates a new platform and opportunities to enhance international governance and cooperation on AI, as well as promoting the global sharing of AI development achievements. It also echoes the common desire of the international community to strengthen governance and cooperation in AI.
The US views manufacturing as a crucial driver of economic growth and innovation. Over the past decade, the federal government has implemented various plans and strategies aimed at supporting the sector's development. However, one key factor essential to revitalizing the US manufacturing industry - industrial automation - seems to have been overlooked.
The successful issuance and oversubscription of the bonds not only demonstrate the openness and vitality of China's financial sector but also reflect the strong appeal of the Chinese economy and the international investors' positive outlook on China.
Although the EU news regarding EV technology transfers may raise concerns, there is no reason to adopt a pessimistic outlook on the potential for China-EU cooperation.
Canada, following the lead of the US, said in August it would impose a 100 percent tariff on imports of Chinese electric vehicles (EVs). Mexico does not have a similar tariff. It should be noted that the ongoing pragmatic economic and trade cooperation between China and Mexico is a normal commercial activity conducted by enterprises from both countries, based on international rules and market principles, and no third party has the right to interfere.
The key issue of development is to boost critical investments in the low-income countries and lower-middle-income countries. China is demonstrating its support for shared prosperity and sustainable development. The win-win strategy for China and the partner countries is very important for the vital green transformation of the world economy.
A balanced diplomatic strategy, which aims to strengthen its alliance with the US without compromising its relationship with China, is the most effective approach in safeguarding South Korea's interests.
In recent years, Washington has pushed for re-industrialization, even implementing trade protectionist measures in an attempt to bring manufacturing back to the US. Yet, the overall results have been disappointing. Frankly speaking, many long-standing challenges facing US manufacturing remain unresolved.
Consumers are typically most concerned with the price and quality of goods. It should be up to consumers, not protectionist trade policymakers, to decide which products to purchase. At the very least, Western consumers should have the freedom to make their own choices without interference from protectionist trade policies.
Through a combination of policy guidance, financial assistance and technological collaboration, China actively fosters global agricultural development, making contributions to poverty alleviation.
At a time when China's NEV industry has just set a new annual production record, old photos are being dug up again, using groundless and misleading reports about "EV graveyards" to talk down China's EV industry. The ill intention behind this is to suggest that "China's EV industry is struggling with issues of disorderly development and capacity waste." However, this is not true.
China has deepened cooperation with the other five Lancang-Mekong countries, enhancing trade and investment, improving customs efficiency and promoting people-to-people exchanges. These efforts have made a positive contribution to the region's economic growth.
The extreme volatility of cryptocurrency prices has had a significant impact on international financial markets, increasing the fragility and instability of the financial system. That is also why China takes a cautious approach toward cryptocurrency trade.
To provide a more accurate analytical perspective on the currency, it is necessary to consider the fluctuations of the yuan against the US dollar, as well as against other major currencies. Despite uncertainties and shocks from market fluctuations, the yuan remains one of the most stable currencies globally.
The EU needs to pursue a pragmatic approach to cooperation with China in order to maintain its flexibility in economic and trade relations. A hardline economic and trade policy stance toward China will only further restrict the EU's maneuvering space in economic cooperation, which will, in turn, exacerbate the EU's economic difficulties.
It is essential for APEC to value the successful experiences of past regional economic integration and trade liberalization efforts. In light of current common challenges, if zero-sum thinking can be ruled out, there is potential to enhance the regional economic growth outlook through strengthened cooperation.
Despite challenges posed by the US-led technological blockade and various forms of international pressure, confidence in China's semiconductor industry has markedly strengthened, driven by encouraging developments and substantial policy support.
Certain Western media outlets frequently hype the issue of "China's trade surplus," blaming China for "creating trade imbalances in global commerce" and sensationalizing trade war concerns. This perspective is misleading and serves as an excuse for implementing high protectionist tariffs and other unjustified trade barriers. It is these protectionist tariffs that pose a real threat to global trade.
The gains of American agricultural companies at the CIIE underscore the vast potential and open attitude of the Chinese market while highlighting the complementarity and cooperation space between China and the US in the agricultural sector.
The investment of Chinese EV makers in the African market is not a passive response to protectionist tariff barriers in Western countries as claimed by some Western media outlets; rather, it is a natural choice based on the increasingly close economic ties and cooperation trends among countries in the Global South.
India's ambitious initiatives in the renewable energy sector are attracting considerable global attention. The Indian government and various companies are promoting the growth of this sector with great intensity, leading some Western media outlets to view these efforts as a challenge to China's dominance in the green supply chain.
The remarks made by the EU ambassador to China regarding trade dispute and market access issues reflect certain complexities and challenges in the China-EU economic and trade relationship. However, it is important to note that China's pace of opening-up will not be halted by external pressure or doubts.
Canada's recent hardline approach to economic and trade relations with China, fueled by short-sighted and speculative geopolitical calculations, is unlikely to yield any additional benefits in its trade with the US and may even jeopardize the prospects for economic cooperation with China.
In the face of arbitrary US restrictions and disruptions in global semiconductor trade, these companies continue to flexibly adjust their strategies and maintain close cooperation with the Chinese market. This approach reflects a recognition of China's vast market potential and irreplaceable position in the global semiconductor industrial chain.
Western countries, leveraging their economic and political advantages, have long held a dominant position in climate change, which allows them to adopt protectionist measures in the development of the global green industry. Such a model has become increasingly unsustainable.
While a deal has been reached to end the Boeing strike, concerns about the stability of the US labor supply and declining consumer confidence remain. The challenges facing US manufacturing persist, as political interference in the supply chain and additional protectionist tariffs are unlikely to strengthen the sector.
The GMS economic cooperation mechanism has made significant strides in fostering regional economic coordination and cooperation since its establishment more than three decades ago. In a world facing a sluggish economic recovery and geopolitical challenges, this regional economic cooperation mechanism is poised to further enhance economic and social development, as well as promote prosperity and stability in the region.
At a juncture when China-EU trade relations are facing challenges, the latest remarks by the EU's trade chief-in-waiting apparently add uncertainty and complexity into the future of China-EU economic and trade relations.
The expansion of the agricultural products exhibition area at the CIIE underscores China's commitment to diversifying and enhancing the inclusivity of its agricultural product imports. In the face of uncertainties in the international trade landscape, China will continue to promote greater openness, actively expand imports and create significant market dividends for the world.
If the US really continues on this approach, the negative consequences of its “decoupling” policy with China will extend beyond the two nations, leading to widespread trade restrictions that affect developing countries worldwide.
The recent deadly floods in Spain have once again raised the alarm about climate change. This disaster represents not only a significant test for Spain but also a severe challenge to the global community's ability to cooperate and respond effectively to climate change.
The “Japan fate” hype over Chinese economy is absurd and ill-intentioned. This misleading perspective is merely another cliches about the “China collapse” narrative that is doomed to fail.
Amid intensifying competition in EV markets and rising protectionism in some Western countries, this development highlights BYD's strong competitiveness in the global EV market and the immense potential of China's EV industry. Although there is a certain pressure and some impact of protectionist practices from the West on Chinese EVs, this does not hinder the continuous development of China's EV industry.
Made-in-China is not only adapting to the development of the e-commerce sector but is also actively expanding into global markets, demonstrating an unstoppable momentum for growth, even amid ongoing geopolitical tensions.
The UK's willingness to have talks over reopening the JETCO with China is a positive development that should be welcomed. However, getting it done won't be easy for London, as previous rhetoric by the UK side about potentially reviving the key trade talks yielded little progress in recent years. To move forward, the UK needs to take more concrete actions to mitigate geopolitical influences and other challenges.
Given concerns about the potential for further trade conflicts between China and the EU, it is particularly necessary and urgent for China to take necessary measures to remind the EU to rein in the trend of escalating trade disputes.
This attempt to extend the "threat" rhetoric and suppression of China's technological development into new fields is seen as an expansion of the US tech war. The misguided perception among certain US politicians that labels other countries' legitimate efforts to promote technology development as "potential threats" has no basis and stems from a zero-sum mentality that has been taken to extremes.
The trouble faced by German car giant Volkswagen not only represents a blow to Germany's industrial prowess, but also serves as a reminder of the pressing need for the EU to find a balanced way to improve industrial competitiveness.
The robust recovery of Australia's wine exports to China underscores the robust momentum of the recovery in China-Australia economic and trade relations. The progress has been hard-won and should be valued and sustained.
The pragmatic approach of American businesses toward China highlights the growing divide between these companies and Washington regarding China policy, an issue that is increasingly hard to overlook.
Some in the US tend to perceive China as a primary contributor to the country's trade imbalance, and this perspective has become so entrenched that it allows little room for differing opinions.
In an interview with Reuters on Friday, UK Chancellor of the Exchequer Rachel Reeves said that the UK needs to take a "hard-headed, economic realist" approach to its ties with China in order to do a better job of boosting trade, while minimizing risks to national security.
The head of the IMF has recently stated that elevated consumer prices "are here to stay," intensifying the pain from sluggish global economic growth and mounting debt burdens.
At the IMF-World Bank Annual Meetings in Washington, DC, one of the key focuses was the need for major economies to strengthen macro policy coordination to address mounting economic pressures.
The US is attempting to disrupt mutually beneficial cooperation in the global semiconductor industrial chain, which is not only detrimental to the US but also has a negative impact on the global development of the sector. As a result, it will inevitably face increasingly strong resistance.
It is no surprise that the resolution of issues concerning the border area between China and India has generated market optimism so quickly, based on the recognition of their complementary strengths and the vast opportunities for collaboration.
Despite intense pressure from the US on China's semiconductor sector, the progress demonstrated by China's chip industry underscores its unwavering determination to overcome external obstacles.
The green transition has become a global consensus, embodying significant opportunities for economic and industrial chain cooperation worldwide. China has made substantial progress in the green industry sector. Unfortunately, some Western countries are not cooperating with China in the green industry; instead, they are opting to suppress and contain its green efforts.
The progress made by BRICS countries in transitioning to green energy not only helps mitigate global climate change but also serves as an inspiring example for other developing nations, showcasing an approach to energy development that diverges from old Western practices.
Scholz's remarks not only reflect the ongoing divisions within the EU over hiking tariffs on Chinese EVs but also underscore the need to reckon with how to effectively strengthen industrial competitiveness within an economy. Free trade and market competition are vital drivers of industrial advancement. Protectionism does not bolster competitiveness and fails to promote development.
Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, and China Shipbuilding Trading Co, signed a new shipbuilding deal denominated in yuan with Canadian tonnage supplier Seaspan Corp on Friday for six container ships, according to China Media Group. This marks the largest single container shipbuilding deal to be settled in yuan in China this year.
The growing US politicization of trade and the alarming rise of protectionism will compel countries in Southeast Asia and elsewhere to more actively explore new markets and forge alternative trade partnerships.
China's infrastructure investments in Latin America sometimes raise concerns in the US. However, from a broader perspective, cooperation between China and regional countries actually presents more opportunities for collaboration for the US rather than rivalry.
As interest alone on US government debt exceeds $1 trillion, elevated deficits and skyrocketing interest payments may evoke fears of an imminent fiscal crisis if appropriate countermeasures are not taken. If the US debt level is perceived as unsustainable, it could trigger shocks in international financial markets.
Bangladesh is expected to formally apply for membership of the Regional Comprehensive Economic Partnership (RCEP), the world's largest multilateral free trade bloc, this week, according to its commerce ministry. Ministry officials said the country is also preparing to negotiate free trade agreements with several countries, Business Standard reported on Wednesday.
In a joint statement made public on Wednesday in Islamabad, China and Pakistan agreed to work together to build the "upgraded version" of the China-Pakistan Economic Corridor (CPEC) and make it into a demonstration project for cooperation under the high-quality Belt and Road Initiative (BRI).
Problems encountered by iPhone factories in India have raised significant concerns about the viability and reliability of Apple's strategy to move a proportion of production from China.
US officials have discussed capping sales of advanced artificial intelligence (AI) chips from Nvidia and other American companies on a country-specific basis, and their focus is on Persian Gulf countries, Bloomberg reported, citing people familiar with the matter. If the report is true, the US semiconductor industry will very likely be the victim as chipmakers lose market share due to sales restrictions.
As the 2024 Paris Motor Show entered its second day on Tuesday, the presence of Chinese car companies garnered widespread attention. Despite the European Commission's plan to impose tariffs of up to 45 percent on Chinese electric vehicles (EVs), Chinese companies showcased new models and layout plans at the event, demonstrating their commitment to overseas growth amid rising competition and protectionism.
Britain "needs more engagement with China," the country's Trade Secretary Jonathan Reynolds told POLITICO on the sidelines of the recently elected UK Labour government's International Investment Summit. If "more engagement" allows more room for economic cooperation to grow, it will almost certainly bring positive contributions to inbound investment in the UK.
In the medium to long term, the prices of yuan-denominated assets will rise alongside steady and optimized economic growth, and China is better positioned to boost and maintain the confidence of international investors.
As some US politicians intensify efforts to fabricate and spread claims of a “national security threat” posed by vehicles from China, the Mexican economy may suffer losses if the country is swayed by those politicians, given the importance of the auto sector to Mexico.