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On Tuesday, a China-Europe freight train carrying daily goods, electronics and machinery equipment departed from Jiangxi Province's Ganzhou International Inland Port, in East China, marking the 2,000th trip of its kind. The train passes through Erenhot Port in North China's Inner Mongolia Autonomous Region, reaching its European destination in about 15 days.
By Zhang Yiyi in Ganzhou | 2024/11/19 21:34:05
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  • China's financial sector to open wider: official

    China's financial sector will continue to open wider and the country is committed to creating a market-oriented, law-based and international business environment to support foreign institutions to participate more comprehensively and deeply in the Chinese financial market, Chinese senior officials said on Tuesday at the ongoing 2024 Global Financial Leaders' Investment Summit held in Hong Kong Special Administrative Region (HKSAR).

    By Li Xuanmin | 2024/11/19 16:20:10
  • From laboratory to market, China's BCI technology at a critical stage of transitioning

    Brain-computer interfaces (BCI) technology is advancing rapidly in China, according to scientists and experts at a recent industry forum held on Saturday. The research on BCI technology in China has reached a pivotal stage, transitioning from laboratory research to market applications. Analysts said this progress is poised to significantly contribute to economic growth and foster new competitive advantages.

    By Zhang Weilan in Wuhan | 2024/11/18 20:48:11
  • China's BYD becomes first automaker in the world to deliver 10 million NEVs

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

    By Global Times | 2024/11/18 16:50:08
  • Chinese AI start-up unveils latest reasoning model comparable to OpenAI o1 series

    Artificial general intelligence start-up Kimi, owned by Chinese AI start-up Moonshot AI, on Saturday launched its first reasoning AI model k0-math. The model can be compared to US-based OpenAI's reasoning AI series o1, including the o1-mini and o1-preview, in certain mathematics tests.

    By Global Times | 2024/11/17 22:04:27
  • NE China's Heilongjiang taps seeds breeding to ensure field output

    With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They selectively highlight information and distort facts to promote their narratives like “Peak China,” while ignoring China's economic resilience and growth potential. To set the record straight, the Global Times is launching a multimedia project featuring in-depth articles, analyses and visual arts to provide a balanced and accurate portrayal of the Chinese economy. This is the 17th installment of the series.

    By Chu Daye and Tao Mingyang in Heihe and Fuyuan | 2024/11/17 19:17:25
  • Changes brought by BRI to Central America strategically important: presidential advisor

    Since the resumption of bilateral relations three years ago, both sides have been working with a sense of urgency to promote the development of China-Nicaragua friendly relations. Key agreements have been reached, including the joint development of the Belt and Road Initiative (BRI) and a Free Trade Agreement (FTA) between China and Nicaragua, which came into effect in 2024, marking a landmark achievement in bilateral cooperation.

    By YIn Yeping | 2024/11/15 23:23:40
  • Nation's low-altitude industry development shifts into high gear

    The 2024 International Low Altitude Economic Expo was successfully held in Zhuhai, South China's Guangdong Province from Sunday to Tuesday, attracting professional attendees from more than 20 countries and regions worldwide to witness the latest technological advancements and innovative applications in the low-altitude economy and unmanned systems.

    By Pan Helin | 2024/11/15 23:07:23
  • Managing differences over EVs right way to navigate trade issues

    Despite the EU's recent implementation of imposing high tariffs on Chinese electric vehicles (EVs), negotiations for alternative solutions continue, and both sides have shown an intention to manage their differences and avoid further escalation in trade tensions.

    By Jian Junbo | 2024/11/15 23:04:25
  • Backing up rural cooperatives

    China Rural Revitalization magazine has published a series of articles on the rapid development and transformation of rural China. The articles reflect the arduous efforts of rural revitalization across the country, which is an important and genuine solution to China's rural economic development. In the future, articles selected from this series will be published.

    By Global Times | 2024/11/12 22:20:57
  • AS700 airship receives 10 more purchase orders at China Airshow 2024, maiden commercial flight about to start

    China's homegrown civil airship, the AS700 "Xiangyun," received 10 new purchase orders on the opening day of the Airshow China 2024 in Zhuhai, South China's Guangdong Province, and the developer said the maiden commercial flight of the airship is set to begin soon.

    By Tao Mingyang | 2024/11/12 22:14:12
  • More joint efforts from different parties encouraged to boost SAF industry

    Against the backdrop of global energy transformation, the aviation industry is accelerating decarbonization, and sustainable aviation fuel (SAF) has become a hot topic. Global Times has learned that many airlines have announced that they will use SAF to promote the goal of net zero emissions and have launched relevant layouts; some large oil companies have also begun to focus on related capacity construction.

    By Tu Lei in Chengdu | 2024/11/11 21:12:51
  • China's commercial rocket firm provides launch service for international client for the first time

    CAS Space, Chinese commercial aerospace company, successfully sent 15 satellites into orbit with its solid rocket Kinetica-1, also known as Lijian-1, on Monday. The flight also deployed an intelligent remote sensing satellite for Omani client, marking the Chinese private rocket firm's first collaboration with international client.

    By Fan Wei and Tao Mingyang | 2024/11/11 20:25:28
  • Foreign business representatives at CIIE hail China's visa-free policy

    Foreign business representatives at the ongoing 7th China International Import Expo (CIIE) in Shanghai applauded on Friday the expansion of scope of the unilaterial visa-free policy issued by the Chinese government and said the move will facilitate business activities and people-to-people exchanges.

    By Yin Yeping in Shanghai | 2024/11/8 23:54:16
  • Chinese, EU technical teams make progress in EV price commitment consultations: MOFCOM

    Chinese, EU technical teams held five rounds of in-depth consultations on the specifics of the electric vehicle (EV) price commitment plan from November 2 to 7 in Beijing, achieving notable progress, a spokesperson for China's Ministry of Commerce said on Friday.

    By Global Times | 2024/11/8 23:51:21
  • US agricultural companies seek opportunities at CIIE

    US food and agricultural companies are actively seeking opportunities at the 7th China International Import Expo (CIIE), and have already successfully secured numerous deals.

    By Qi Xijia in Shanghai | 2024/11/8 23:50:54
  • Digital yuan visual hard wallet launched, enabling safer and more convenient payments

    The innovative digital yuan visual hard wallet was launched at the 18th Shenzhen International Financial Expo on Thursday, introducing a safer and more accessible way to use of the digital currency.

    By Zhang Yiyi | 2024/11/7 20:27:48
  • TikTok to challenge Canadian government 'shutdown order' in court

    TikTok said on Thursday that it will challenge Canada's order to shut down its operations in Canada, saying that Ottawa's move of destroying hundreds of well-paying local jobs is not in anyone's best interest.

    By Global Times | 2024/11/7 14:01:06
  • UnionPay integrates with Alipay and WeChat Pay, aiming to improve payment convenience for overseas visitors to China

    UnionPay International, a subsidiary of Chinese card payment giant China UnionPay, announced on Wednesday that UnionPay cards issued overseas now fully support binding with Alipay and WeChat Pay, which will provide foreign visitors with more diverse and convenient payment choices in China.

    By Global Times | 2024/11/6 13:12:21
  • Ambitious Chinese startups ready to challenge Tesla in domestic auto-pilot market

    Shenzhen-based Deeproute.ai, an emerging player in autonomous driving, announced Tuesday that it has secured $100 million in exclusive investment from a top domestic automaker. The company aims to use this funding to scale its advanced driver-assistance systems and capture more market share before Tesla's Full Self-Driving (FSD) technology enters China.

    By Zhang Yiyi and Tu Lei | 2024/11/5 21:53:13
  • China's trade remedy probe into European brandy, pork and dairy products complies with WTO rules, Chinese laws: Commerce Minister Wang Wentao

    Chinese Commerce Minister Wang Wentao on Sunday met with visiting French trade official Sophie Primas in Shanghai, noting that China's trade remedy investigations into brandy, pork, and dairy products from EU complied with WTO rules and China's domestic laws.

    By Global Times | 2024/11/4 10:51:25
  • Employee training programs set foundation for meteoric rise of China's manufacturing sector

    With the global economy, including China's, facing challenges, some Western politicians and media outlets have stepped up smear campaigns against the world's second-largest economy. They selectively highlight information and distort facts to promote their narratives like “Peak China,” while ignoring China's economic resilience and growth potential. To set the record straight, the Global Times is launching a multimedia project featuring in-depth articles, analyses and visual arts to provide a balanced and accurate portrayal of the Chinese economy. This is the 16th installment of the series.Training highly skilled workers is of great significance for China's manufacturing sector take-off, allowing the world's manufacturing hub to adapt to the needs of new industrialization in order to fulfill the goal of Chinese modernization at an early date.

    By Chu Daye and Tao Mingyang in Changchun | 2024/11/3 22:01:28
  • 15 years on, China's Nasdaq-style ChiNext board drives innovative economic growth

    Wednesday marked the 15th anniversary of the ChiNext board, a Nasdaq-style board for growth enterprises in China, which opened for trading on October 30, 2009. After 15 years of rapid growth, the board has become an important incubator for the development of high-quality private enterprises, and it vigorously propels innovative economic development and industrial upgrades.

    By Ma Jingjing | 2024/10/30 20:56:37
  • Indonesian TransNusa Airline flies imported ARJ21 to Guangzhou city, launching the model's longest commercial flight

    South China's Guangzhou Baiyun International Airport welcomed flight 8B167 from Manado Sam Ratulangi International Airport, Indonesia on Tuesday. The flight, operated by Chinese-made aircraft COMAC ARJ21 model, marked the longest commercial route made by the aircraft, according to CCTV News.

    By Chang Chaofan | 2024/10/29 18:42:08
  • Chinese shipyard signs yuan-based deals for 12 vessels

    Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days.

    By Chu Daye | 2024/10/28 21:39:53
  • Groundbreaking held for world's 1st flying car assembly line in South China

    The official groundbreaking for a manufacturing facility for Xpeng Aeroht's flying car took place on Sunday in Guangzhou, South China's Guangdong Province. The site will produce the "Land Aircraft Carrier," a land-air split-type flying car, with a planned annual capacity of 10,000 vehicles. It is the world's first modern assembly line dedicated to the mass production of flying cars, the company said on its website on Sunday.

    By Global Times | 2024/10/27 22:28:24
  • China helps Apple achieve fast, sustainable growth, Cook says in meeting with Chinese Commerce Minister

    China's Commerce Minister Wang Wentao on Friday met with Apple CEO Tim Cook in Beijing, welcoming the US-based tech giant to seize opportunities and expand in the Chinese market and vowing to further optimize the business environment and provide high-quality services for foreign businesses.

    By Global Times | 2024/10/25 15:22:28
  • US firms bullish on Chinese market amid strong Q3 earnings reports

    Several US firms have recently disclosed their third-quarter financial results, highlighting their strong performance in the Chinese market and reaffirming their commitment to continued investment in the country.

    By Ma Tong and Tu Lei | 2024/10/25 0:20:31
  • Lidar manufacturer Hesai to continue suit against US defense department after being reinstated to blacklist

    Chinese lidar manufacturer Hesai Technology Co said on Thursday that it will continue the legal process against the US Department of Defense (DOD) after being re-added to the "Chinese Military Companies" (CMC) blacklist.

    By Zhang Yiyi | 2024/10/24 21:17:52
  • China's first fully home-grown mobile operating system HarmonyOS NEXT launched

    China's first domestically developed mobile operating system (O/S), HarmonyOS NEXT, Huawei's native mobile O/S, was officially released on Tuesday. This marks the world's third major mobile O/S following Apple's iOS and Android, media reported.

    By Global Times | 2024/10/22 21:41:55
  • Canton Fair displays Chinese high-tech products, attracting crowds of global buyers

    Whenever you spot a big crowd of global buyers gathering at a booth in the Canton Fair complex, it's clear that high-tech, high-value-added products, such as industrial automation equipment, humanoid robots, intelligent bionic hands and hydrogen bicycles, are showcased by Chinese exhibitors.

    By Chi Jingyi | 2024/10/22 20:58:26
  • Mercedes-Benz CEO urges EU to delay tariffs on Chinese EVs

    German carmaker Mercedes-Benz has reiterated its opposition to the European Union's (EU) planned tariffs on Chinese electric vehicles (EVs), urging a delay in implementing these highly controversial measures to avoid harming interests of both sides.

    By Xinhua | 2024/10/22 12:02:09
  • Chinese EVs stand out at Paris Motor Show amid increasing competition

    The 2024 Paris Motor Show concluded here on Sunday, with electric vehicle (EV) manufacturers from China, Europe and the United States showcasing their latest models as competition in the global EV market intensifies.

    By Xinhua | 2024/10/21 9:26:05
  • Italy's insurance giant Generali eyes opportunities in China's new energy sector

    Italian insurance giant Generali is optimistic about China's economic prospects, eyeing cooperation opportunities with Chinese companies in a wide range of fields including electric vehicle (EV), Pierre Martelly, chief insurance officer of Generali International Asia, said in Beijing on Saturday.

    By Ma Jingjing | 2024/10/19 17:42:24
  • DJI sues US defense department over inclusion on blacklist

    Chinese drone maker DJI filed a lawsuit against the US Department of Defense (DoD) on Saturday, challenging its inclusion on the “Chinese Military Companies” (CMC) blacklist and seeking to be removed from the list.

    By Feng Fan | 2024/10/19 17:16:09
  • Chinese drone maker DJI sues US government over inclusion on Pentagon blacklist

    Chinese drone maker DJI filed a lawsuit to challenge the U.S. Department of Defense (DoD) on Saturday, seeking to be removed from the blacklist of alleged Chinese military companies.

    By Xinhua | 2024/10/19 12:54:27
  • Practice makes perfect

    A worker welds a metal part during a welding competition at a construction site of the Fuyang-Huainan Railway in East China's Anhui Province on October 18, 2024. The total length of China's railway in operation has surpassed 160,000 kilometers, with more than 46,000 kilometers of which being high-speed railway, ranking first in the world. Photo: VCG

    By Global Times | 2024/10/18 22:32:00
  • Door opens up for foreign hospitals

    China has recently given the green-light to the establishment of wholly foreign-owned hospitals in select cities and regions, marking one of its latest efforts to open up the services sector. Some analysts said this could be a "Tesla moment" for China's healthcare industry.

    By GT staff reporters | 2024/10/18 22:11:03
  • US customs holds DJI's drones, citing unfounded assertion: company

    The US government is restricting Chinese dronemaker DJI from exporting select drones to the US in what appears to be part of "a broader initiative by the Department of Homeland Security to scrutinize the origins of products, particularly in the case of Chinese-made drones," DJI told the Global Times on Thursday.

    By GT staff reporters | 2024/10/17 19:43:01
  • AWP, the Italian company working to improve animal welfare

    Animal Wellness Products (AWP), an Italian company from Castelnuovo Rangone, in the Modena province, has had a lot of success in the Chinese market. The company was founded and is still currently led by Paolo Cristofori as its CEO. It was him, alongside his 8 million euros in revenue company, who reached out to Chinese farmers.

    By MF/Milano Finanza | 2024/10/17 16:34:53
  • Achieving double-digit growth in China

    Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China.Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China.Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family in 2013, has been a witness to this success. His journey within the Company began as a pharmaceutical representative and evolved as he took on roles in global marketing and management of the Italian market, eventually assuming the leadership of the Company's operations in China. Animal Wellness Products (AWP), an Italian company from Castelnuovo Rangone, in the Modena province, has had a lot of success in the Chinese market. The company was founded and is still currently led by Paolo Cristofori as its CEO. It was him, alongside his 8 million euros in revenue company, who reached out to Chinese farmers.

    By Pier Paolo Albricci | 2024/10/16 19:27:47
  • Amplifon strengthens foothold in China's hearing care market

    Amplifon, a global leader in hearing solutions, is focusing on China. With over 400 stores across 15 regions, it is one of the country's key operators.

    By special | 2024/10/16 19:17:12
  • JD.com founder Liu Qiangdong and wife refute rumors of 'Illuminati' links, report case to police

    China's major e-commerce platform JD.com on Wednesday refuted defamatory rumors about the personal lives of its founder Liu Qiangdong and his wife Zhang Zetian. The couple have filed a police report, and the case is currently under investigation, according to a statement released by the company's official Weibo account on Wednesday.

    By Global Times | 2024/10/16 15:07:59
  • Chinese firms step up rollout of robotaxi models, as autonomous driving technology advances

    Chinese autonomous driving firm WeRide launched on Tuesday its latest robotaxi model, the GXR. It comes after Tesla's release of its CyberCab, which is also intended to serve as a public taxi and shared transportation services.

    By Chang Chaofan and Zhang Yiyi | 2024/10/15 23:36:38
  • Low-altitude industry to open up 1 million jobs

    As drones are increasingly becoming more common in daily life, new drone-related jobs are continuously emerging, such as drone assembly engineers, maintenance technicians and drone pilots. Particularly with the rise of the low-altitude economy in China, demand for talent is growing rapidly.

    By GT staff reporters | 2024/10/15 20:33:30
  • As Tesla's Cybercab slated for 2026 rollout, China's autonomous driving industry should accelerate pace: analysts

    After months of delays, Tesla unveiled its driverless taxi named Cybercab on Friday, marking a new milestone in the global autonomous driving competition led by China and the US. Chinese industry analysts said that the launch would activate intelligent connected vehicle sector's competition while expecting that this would benefit the overall industry considering China's open and competitive market environment.

    By GT staff reporters | 2024/10/13 20:10:34
  • Tesla unveiling driverless taxi CyberCab sparks global attention

    After months of delays, Tesla unveiled its driverless taxi named CyberCab on Friday, marking a new milestone in the global autonomous driving competition led by China and the US. Chinese industry analysts expect this would benefit the overall industry development in China's open and competitive market environment.

    By GT staff reporters | 2024/10/12 15:13:12
  • Christmas sales boom

    A merchant in Yiwu, East China's Zhejiang Province, showcases popular styles of Christmas hats in his booth on October 10, 2024. Festival goods are selling well in the Yiwu International Trade Market, which has more than 800 vendors offering Christmas merchandise. These vendors export Christmas items to more than 100 countries and regions each year. Photo: VCG

    By Global Times | 2024/10/10 23:21:56
  • China, Colombia to strengthen cooperation in industry and information technology fields

    China's Minister of Industry and Information Technology Jin Zhuanglong has met with Colombian Minister of Foreign Affairs Luis Gilberto Murillo on Thursday in Beijing, during which the two sides had in-depth discussions on strengthening cooperation in the fields of industry and information technology, according to a post on the official WeChat account of China's Ministry of Industry and Information Technology (MIIT) on Thursday.

    By Global Times | 2024/10/10 16:15:14
  • Promoting smart production

    A worker inspects the operation of robotic arms in a factory in Jiangdu district, Yangzhou, East China's Jiangsu Province on October 9, 2024. In recent years, Jiangdu has ramped up efforts in promoting high-end manufacturing with new technologies to facilitate the cultivation of new quality productive forces in the region. Photo: VCG

    By Global Times | 2024/10/9 23:40:47
  • Busy production line

    Workers are busy filling orders in a textile and clothing production workshop in Jimo district, Qingdao, East China's Shandong Province on October 7, 2024. Through policy guidance, Jimo district encourages enterprises to increase investment in new technologies, processes and products. In the first half of 2024, 85 regulated textile and clothing enterprises in Jimo achieved an output value of 8 billion yuan ($1.14 billion), a year-on-year increase of 3.8 percent. Photo: VCG

    By Global Times | 2024/10/7 23:27:25
  • BMW urges Germany to oppose EU's tariff plan for Chinese electric vehicles

    Germany carmaker BMW urges Germany to vote against the additional high tariffs on China-made electric vehicles (EV), the latest move by a key industry representative within the EU standing up to oppose the decision made by the European Commission (EC), citing concerns for an escalating trade dispute.

    By Global Times | 2024/10/2 18:49:06
  • European enterprises could lose competitiveness if EU slaps tariffs on Chinese EVs: former EC chief economist

    If the European Commission slapped tariffs on Chinese electric vehicles (EVs), it could mean that European enterprises become a bit lazy and they may lose competitiveness in the long term due to the lack of cut-throat competition, Rudy Aernoudt, a European economist and the former chief economist of the European Commission, told the Global Times. He called for the two economies to find ways of collaboration rather than simply blocking [Chinese EV-makers' access] to European market.

    By Li Xuanmin and Chen Zishuai | 2024/9/29 16:52:24
  • Private enterprises take 10% share in new nuclear power projects

    Private capital has been introduced in all five newly approved nuclear power projects in China, with the share of private enterprises standing at 10 percent for the first time, the China Media Group (CMG) reported on Saturday, citing the National Development and Reform Commission (NDRC), China's top economic planner.

    By Chi Jingyi | 2024/9/28 22:21:54
  • China completes trial run of unmanned heavy-haul train on major coal transport route

    China completed a trial operation of an unmanned heavy-haul train on the railway connecting North China's Hebei and East China's Shandong provinces, marking a key milestone in advancing from automated to unmanned heavy-haul railway technology.

    By Global Times | 2024/9/28 17:22:24
  • Tesla Shanghai plant exports 1 million made-in-China vehicles in less than 4 years

    US electric vehicle maker Tesla announced on Saturday that it has shipped its 1 millionth made-in-China vehicle from its Shanghai plant. Experts say the milestone reflects China's strong and complete industrial supply chains.

    By Global Times | 2024/9/28 16:29:12
  • Chinese influencer's company Three Sheep Group fined $9.8 million for false publicity

    A joint investigation group in Hefei, capital of East China's Anhui Province, announced in a statement on Thursday that it will confiscate illegal gains and impose a fine totaling 68.9491 million yuan ($9.83 million) on Three Sheep Group, a company based in the city that was founded by online influencer Zhang Qingyang. The company has recently been hit by criticism of false publicity.

    By Global Times | 2024/9/27 0:26:05
  • Global companies line up for digital trade expo in Hangzhou

    The third Global Digital Trade Expo (GDTE) kicked off on Wednesday in Hangzhou, capital city of East China's Zhejiang Province, the nation's innovation and trade hub, showcasing China's significant new opportunities and latest solutions in the digital economy.

    By Yin Yeping in Hangzhou | 2024/9/25 22:01:08
  • Volkswagen Group China responds to media reports on job cuts in China

    Volkswagen Group China is continuously optimizing the cost efficiency of all departments and projects, the company said in a statement sent to the Global Times on Monday, in response to the question that the German car maker is reportedly laying off employees in China.

    By Global Times | 2024/9/23 19:59:52
  • Huawei and Apple kick off new flagship phone sales in China, sparking consumer frenzy

    In a highly anticipated event, tech giants Huawei and Apple simultaneously kicked off sales of their latest flagship smartphones in China on Friday, sparking a wave of consumer excitement.

    By Qi Xijia and Ma Tong | 2024/9/20 22:51:54
  • Shandong-based Yankuang Energy completes acquisition of listed German firm Scharf AG

    East China's Shandong-based Yankuang Energy Group Company Limited (Yankuang Energy) announced on Friday that the company has completed the transaction acquiring a 52.66 percent stake of listed German mining equipment manufacturer SMT Scharf AG (Scharf AG), a latest demonstration of Chinese energy enterprises' overseas expansion.

    By Global Times | 2024/9/20 19:20:34
  • Foreign visitors at CIFTIS impressed by China's cutting-edge technology, industrial applications

    The 2024 China International Fair for Trade in Services (CIFTIS) has become a hub for Chinese and international visitors to exchange ideas on the latest innovations and technologies across industries. Many foreign attendees are impressed by China's innovation and technology advancement, as many Chinese firms showcased their latest products.

    By Chu Daye | 2024/9/15 17:18:43
  • Huawei, Apple debut new products on the same day; Chinese smartphone manufacturers chase high-tech, innovation

    Huawei launched its new product - a triple-fold smartphone - on Tuesday, just hours after the release of Apple's artificial intelligence (AI)-boosted iPhone 16, which sparked wide discussion about the technologies behind the two tech giants.

    By Chi Jingyi and Zhang Weilan | 2024/9/10 23:08:39
  • Air China operates maiden flight of C919, accelerating commercial operation

    Air China on Tuesday operated the maiden commercial flight of its first home-made C919 aircraft, becoming the second airline in China to use the aircraft after China Eastern Airlines. This is believed to be a further move to accelerate the commercial operation of the C919 plane.

    By Global Times | 2024/9/10 23:20:07
  • Chinese biotech firms refute US bill, stressing they have no access to Americans' personal data

    Chinese biotechnology firms including BGI, MGI as well as WuXi AppTec on Tuesday refuted the wrong allegations in a US bill passed by the US House of Representatives on Monday, stressing that the companies do not have access to Americans' personal data in their operations.

    By Ma Jingjing | 2024/9/10 12:14:58
  • China's new 'negative list' for foreign investment removes all access restrictions to manufacturing sector

    China's National Development and Reform Commission (NDRC) and Ministry of Commerce jointly issued the 2024 "negative list" for foreign investment access on Sunday, as part of the nation's latest efforts to promote wider opening-up to the outside world.

    By Global Times | 2024/9/8 14:39:33
  • There is still room for reserve requirement ratio cuts: PBC

    The People's Bank of China (PBC), the central bank, said on Thursday that there is still room to reduce the reserve requirement ratio (RRR) for banks and pledged to continue to implement the supportive monetary policy to shore up the economy. The comments underscored the PBC's commitment to creating a favorable monetary environment to boost market confidence that will help the country's economic recovery, experts said.

    By GT staff reporters | 2024/9/5 21:35:54
  • Firms from US allies push back against chip tool restrictions

    The chief executive of Dutch semiconductor equipment maker ASML, which has been caught up in Washington's technology crackdown on China, said reportedly that US-led restrictions on the company's exports to China are becoming more “economically motivated” over time, noting that “there will be more pushback.”

    By GT staff reporters | 2024/9/5 19:58:38
  • China's Silk Road Maritime International Association announces integrated development strategy, promoting global sea transport under BRI

    The Silk Road Maritime International Association, based in Fujian Province, is implementing a comprehensive development strategy to promote a global sea transportation network under the Belt and Road Initiative (BRI), offering stable and secure logistics solutions amid complex international environment.

    By Global Times | 2024/9/5 14:07:40
  • Mercedes-Benz to invest $2b in China to enrich portfolio

    Mercedes-Benz Group on Wednesday said that it plans to invest more than 14 billion yuan ($1.97 billion) with local partners in China to enrich its localized portfolio of cars and vans, a move that further highlights its continuous confidence in China.

    By Tu Lei and Chen Qingrui | 2024/9/4 22:53:38
  • E-commerce platforms embrace payment integration

    In response to national initiatives aimed at boosting consumption, multiple Chinese online platforms are advancing efforts to allow interoperability among different payment channels. This move, combined with the distribution of consumer vouchers and promotions for trade-ins, is set to significantly elevate China's consumption recovery.

    By Global Times | 2024/9/4 22:46:58
  • Chinese EV firms gear up for global drive

    Chinese electric vehicle (EV) maker BYD has reportedly denied media reports that said it will postpone a decision to build a factory in Mexico until after the US election. The move showed that Chinese EV makers are gearing up their global expansion despite external noise and certain countries' so-called “industrial overcapacity” tag that maliciously targets the Chinese EV industry.

    By GT staff reporters | 2024/9/4 22:33:45
  • Air China introduces first domestically produced C919 large aircraft

    On Thursday, at 11:23, an Air China C919 aircraft with the registration number B-919X, landed smoothly at the Beijing Capital International Airport in Beijing. It taxied slowly through a water cannon salute, as it was welcomed at the airport. Air China's first C919 aircraft has now officially joined the fleet.

    By Global Times | 2024/8/30 0:02:14
  • Sunny energy outlook

    Workers are busy filling photovoltaic module orders on a production line in Suqian, East China's Jiangsu Province on August 28, 2024. From January to July, new solar installations in China totaled 123.53 gigawatts, a year-on-year increase of 27 percent, maintaining steady growth. Photo: VCG

    By Global Times | 2024/8/29 0:04:38
  • Multinationals optimistic about China's long-term growth prospects

    Multinationals' development in China is an important part of the country's path to Chinese modernization, a new report showed on Wednesday, calling for multinationals to continue investing in China with steadfast confidence and seize opportunities created by its continuous opening-up, development of new quality productive forces and other factors.

    By GT staff reporters | 2024/8/29 0:01:28
  • Two Chinese airlines receive their first C919 aircraft, marking a new phase of multi-user operation of the China-made jet

    Two Chinese airlines receive their first C919 aircraft, marking a new phase of multi-user operation of the China-made jet

    By Global Times | 2024/8/28 20:06:52
  • Biochemical firms strive to respond to mpox outbreak

    Chinese biochemical companies are striving to maximize production capacity for mpox test kits as cases are spreading around the world.

    By Yin Yeping | 2024/8/27 21:47:31
  • China to double commercial airplane fleet by 2043, Boeing forecasts

    China will more than double its commercial airplane fleet by 2043 as its aviation industry expands and modernizes to meet growing demand for passenger and cargo air services, Boeing said on Tuesday, highlighting that the recovery of Chinese economy is the driving force behind it.

    By Tu Lei | 2024/8/27 21:11:50
  • EU's EV subsidies typical double standards

    On August 20, the European Commission (EC) unveiled a draft decision to impose final countervailing duties of between 17-36.3 percent on battery electric vehicles (EVs) imported from China. Since the case was first launched in September 2023, it has attracted close attention from the international community.

    By Shi Xiaoli and Cui Yunfei | 2024/8/27 20:54:25
  • FOCAC summit illustrates South-South cooperation

    The 2024 summit for the Forum on China-Africa Cooperation (FOCAC) is scheduled to take place in early September in Beijing. In a world marked by rising geopolitical tensions and economic uncertainties, the summit will likely signal a commitment to a multilateral approach based on mutual respect and shared interests. As global powers become increasingly polarized, the China-Africa partnership offers an alternative model of international relations, one that emphasizes South-South cooperation and rejects the zero-sum mindset often seen in North-South interactions.

    By Toumert AI | 2024/8/26 20:38:36
  • ETFs linked with blockbuster Chinese video game 'Black Myth: Wukong' become hot sales

    The release of Chinese video game "Black Myth: Wukong" immediately activated gaming sector investment, with the scale of eight exchange-traded funds (ETF) tracking game companies' stocks at the Chinese stock market surpassing 14 billion yuan ($1.97 billion), according to the Securities Daily, as industry insiders remain bullish on long-term investment potential of the sector.

    By Tao Mingyang | 2024/8/26 19:18:18
  • IBM says business adjustments in China won't affect ability to serve clients

    US tech firm International Business Machines Corp (IBM) said on Monday that it adapts its operations as needed to best serve clients, and these changes will not impact the firm's ability to support clients across the Greater China region, responding to media report saying the company is shutting down its research and development (R&D) operations in China.

    By Global Times | 2024/8/26 17:22:34
  • China's food safety authorities issue report on improper use of tanker trucks in edible oil transportation, stressing 'zero tolerance' for illegal activities

    The office of the food safety commission under the State Council, China's cabinet, issued a report on Sunday on the investigation and handling of issues related to the improper use of tanker trucks in edible oil transportation, as reported by media outlets.

    By Global Times | 2024/8/25 22:45:16
  • IBM China shuts down intranet access for Chinese employees in R&D, testing positions: media reports

    US technology company International Business Machines Corp (IBM) reportedly cut off intranet access for Chinese employees in research and development (R&D) and testing positions without prior notice, news media outlet jiemian.com reported on Saturday citing sources.

    By Global Times | 2024/8/25 13:07:36
  • Spicy growth

    A worker in Youyang Tujia and Miao Autonomous County, Southwest China's Chongqing Municipality bakes fresh chili at a local industry park on August 22, 2024. The local government has been actively supporting the sector's development, which helps increase villagers' incomes. Photo: VCG

    By Global Times | 2024/8/23 0:04:46
  • Gold ETF investments surge, but buyers hold back as prices hit new highs

    Investment in Gold Exchange Traded Funds (ETFs) has grown continuously this year, but as bullion prices rise, individual consumers are increasingly taking a wait-and-see approach, leading to a decline in physical gold consumption.

    By Global Times | 2024/8/23 0:02:06
  • Beijing, Moscow aim for closer ties in carbon sector, renewable energy

    China and Russia on Wednesday agreed to deepen cooperation on renewable energy, hydrogen energy, energy storage and carbon markets as they seek to expand into new areas of energy cooperation to boost the energy transition.

    By Ma Jingjing | 2024/8/22 23:56:22
  • China slams 'countermeasure' claims over EU dairy inquiry

    China's decision to launch a countervailing investigation into certain dairy products from the EU was based on applications from the domestic industry, which is fundamentally different from the European Commission (EC)'s hasty initiation of an anti-subsidy investigation into Chinese electric vehicles (EVs) without applications from member states or industry sectors, Chinese Ministry of Commerce (MOFCOM) spokesperson He Yadong said at a regular press conference on Thursday.

    By GT staff reporters | 2024/8/22 23:53:00
  • India reportedly approves Chinese investment proposals in electronics manufacturing, as action is needed to win back trust

    Chinese observers and an India-based business representative on Thursday urged India to optimize the business environment and change its wrong perception toward China. The comments came after India's reported approval of some investment proposals by Chinese enterprises in the electronics manufacturing sector.

    By GT staff reporters | 2024/8/22 23:21:33
  • South Korea robotic companies optimistic about future cooperation with Chinese firms at the 2024 WRC

    A total of 11 South Korea robotic companies made presence at the 2024 World Robot Conference held in Beijing at an exhibition pavilion for the first time, as they eye closer robot collaboration between the two countries.

    By Tao Mingyang and Chen Zishuai | 2024/8/22 17:40:40
  • Global fever on 'Black Myth: Wukong' drives shopping spree of electronics, tourism

    The global fever on Chinese new video-game “Black Myth: Wukong,” which is based on classic Chinese novel “Journey to the West”, hasn't abated three days after its official release on Tuesday.

    By GT staff reporters | 2024/8/22 17:16:17
  • Hainan launches legislative research in free trade port to promote phase-out of fuel-powered vehicles

    To advance its 2030 goal of phasing out sales of fuel-powered vehicles, South China's Hainan Province plans to initiate legislative research on regulations to promote new-energy vehicle (NEV) development in its free trade port, demonstrating its commitment to a clean energy transition.

    By Global Times | 2024/8/21 0:22:33
  • China slams EC's draft definitive findings on EVs, urging Brussels to drop protectionist tariffs

    China's Ministry of Commerce (MOFCOM) on Tuesday criticized the European Commission (EC)'s draft definitive findings of its so-called anti-subsidy investigation into Chinese electric vehicles (EVs), saying that China firmly opposes the EU's wrong move and vowing to take all necessary measures to safeguard Chinese businesses' legitimate rights and interests.

    By GT staff reporters | 2024/8/20 23:22:10
  • Chinese aviation market remains attractive, officials and carriers say

    Industry officials and foreign airlines remain bullish on the Chinese civil aviation market, and they said that the Chinese market is not losing its appeal.

    By Tu Lei | 2024/8/20 21:53:12
  • China vows to expand institutional opening-up to Africa, deepen cooperation in industrial and supply chains

    China will expand institutional opening-up to Africa and deepen cooperation in industrial and supply chains, so as to further advance China-Africa economic cooperation and development linkages for shared benefits, a Ministry of Commerce (MOFCOM) official said on Tuesday at a press conference for the upcoming 2024 Summit of the Forum on China-Africa Cooperation (FOCAC).

    By Liu Yang | 2024/8/20 21:46:40
  • China approves record 5 major nuclear power projects, speeding green transition

    China's State Council, the country's cabinet, on Monday greenlighted five new nuclear power projects, a record, as the country is revving up nuclear power construction as part of its transition to green and low-carbon energy, analysts said.

    By Global Times | 2024/8/20 21:16:53
  • 'Black Myth: Wukong' lifts stock prices of gaming companies, as Chinese game sector marks new milestone

    Chinese videogame Black Myth: Wukong debuted on Tuesday and the number of online players peaked at 1.4 million.

    By Tao Mingyang and Feng Fan | 2024/8/20 18:01:46
  • Shanghai to establish a preliminary low-altitude communication network by 2026

    Shanghai will establish a preliminary low-altitude communication network by 2026, with continuous coverage across the city's low-altitude flight routes, according to a guideline released by the Shanghai Communications Administration on Friday, making it an early example for more cities in China to follow.

    By Yin Yeping | 2024/8/16 22:33:58
  • Chinese eVTOL firm aims to offer affordable flights, in boost for low-altitude economy

    Chinese start-up Autoflight Aviation Technology (Autoflight) said travel by its electric vertical takeoff and landing (eVTOL) aircraft will be an affordable service, aiming to bring the emerging transportation mode closer to most people's lives.

    By Tao Mingyang | 2024/8/15 23:34:28
  • Fulfilling an African childhood dream

    When Issah Abiola was a child in the 1990s, she saw a train passing through her neighborhood in Nigeria. The rumbling sound of the railway immediately arose her interests and she asked her dad a question, "The train was so long. Is it driven by a person?" Her dad answered, "Yes." "I hoped that one day, I could be a train driver," Abiola shouted then. But her dad shook head and answered, "Impossible."

    By Li Xuanmin | 2024/8/15 20:27:28
  • German airline believes in the long-term recovery of travel between China and Europe

    "We believe in the long-term recovery of the market for air travel between China and Germany and between China and Europe," Jens Ritter, CEO Lufthansa Airlines told the Global Times on Thursday, highlighting the importance of the Chinese market for the European carrier.

    By Tu Lei | 2024/8/15 17:31:50
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