Will American metal producers capitalize on domestic shortages to hike prices and make a quick profit? If the answer is affirmative, it would be somewhat ironic, suggesting that the threat of tariffs has morphed into an opportunity for US steel and aluminum companies to profit at the expense of passing on increased costs to the broader manufacturing sector and consumers.
University graduates talk with recruiters at a national-level joint recruitment event in Urumqi, Northwest China's Xinjiang Uygur Autonomous Region, on March 2, 2025. A total of 517 enterprises and institutions from within and outside the region offered 13,500 job positions, covering fields such as manufacturing, chemical engineering, finance and internet technology.
Chinese artificial intelligence (AI) start-up DeepSeek sent another shockwave through the AI industry over the weekend, as the firm claimed a theoretical cost-profit ratio of 545 percent per day for its popular AI models.
A 324-kilogram shipment of fresh New Zealand kiwiberries arrived at Shanghai's airport recently after an 11-hour flight. It swiftly cleared customs following inspection, making it the first batch of kiwiberry imports into China, according to an online post from the Embassy of China in New Zealand on Sunday.
A number of Chinese tech companies, including Huawei and ZTE, have confirmed that they will attend the upcoming Mobile World Congress (MWC) Barcelona 2025, where they will showcase their cutting-edge innovations ranging from artificial intelligence (AI) to 5G and the Internet of Things.
A number of new forces in Chinese car production, especially makers of electric vehicles (EVs), are flexing their muscles to release new products to grab more market share, with innovation featuring smart driving and artificial intelligence (AI).
Five key Chinese regulatory bodies, including the People's Bank of China (PBC) and the All-China Federation of Industry and Commerce, convened a high-level symposium on Friday, pledging robust financial support for the high-quality growth of the private economy.
On a recent weekday, THE BOX Youth Energy Center in Beijing's Chaowai street was bustling with crowds - mostly young people hanging out, many of whom brought their pets along to play.
In Yiwu city, the heart of China's small commodities trading hub, located in coastal Zhejiang Province, merchants are now at the forefront of an AI-driven business model innovation that is powered by DeepSeek.
China's ice and snow tourism remains a key driver of the winter economy, with Northeast China's Heilongjiang Province reporting 135.08 million domestic and international visitors during the winter season - from November 8, 2024 to February 28, 2025 - an 18.5 percent increase from the previous year, China Media Group reported on Sunday.
As chairman of a world-leading solar power enterprise and also a deputy to China's top legislature, Gao Jifan is tasked with offering strategic insights for national policymakers on the industry's high-quality development.
China's Purchasing Managers' Index (PMI) rose to 50.2 in February, up 1.1 percentage points from January, according to data released by the National Bureau of Statistics on Saturday. The increase signals accelerating production activities.
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Friday chaired a meeting of the Political Bureau of the CPC Central Committee to discuss a draft government work report to be submitted by the State Council to the upcoming national legislative session for review.
China's annual sessions of the top legislature and political advisory body, known as the "two sessions," are approaching, with technological innovation expected to be a central topic, especially with the recent wave of the groundbreaking innovations capturing global attention.
The annual two sessions are set to convene next week, which will serve as an important window for the outside world to observe China's economy. As the Government Work Report will unveil this year's economic growth targets and specific plans for economic initiatives, key macroeconomic indicators, including GDP, the deficit-to-GDP ratio, and the consumer price index, will be closely fathomed.
China's northern border city of Heihe, which has a population of over 1.2 million, is buzzing with business activity even in the depth of winter. Locals and visitors alike are flocking to shops that offer an array of domestic and international products.
Australia has reclaimed its position as China's third-largest agricultural import source in 2024, restoring its previous top-three ranking alongside Brazil and the US, indicating improving China-Australia ties, according to data released on Friday by China Chamber of Commerce of Import & Export of Foodstuffs, Native Produce & Animal By-Products (CFNA).
China firmly deplores and opposes the US' threat of another 10 percent additional tariff on imports from China under the pretext of the fentanyl issue, and will take necessary countermeasures to defend its legitimate rights and interests, Chinese Foreign Ministry spokesperson Lin Jian said on Friday.
China on Friday expressed firm opposition to the US' using the fentanyl issue as a pretext to threaten additional 10 percent tariffs on imports from China, with the Chinese Ministry of Foreign Affairs (MFA) accusing the US of “pressure and blackmail China,” vowing to take “what is necessary” to firmly defend its legitimate interests.
The Ministry of Industry and Information Technology (MIIT) on Friday announced that it has granted pilot approvals for value-added services for 13 foreign-funded telecom operators in Beijing, Shanghai, Hainan, and Shenzhen, Xinhua News Agency reported. This move is part of China's ongoing efforts to expand market access and promote high-level opening-up in the telecommunications sector.
How effective are the escalating US chip export controls against China? It's worth listening to the industry's perspective. Nvidia CEO Jensen Huang is unsure if export controls against China are effective national security measures for the US amid the artificial intelligence (AI) race, but they've certainly hurt the chipmaker's business abroad, as Business Insider reported while summarizing Huang's latest interview on CNBC.
Chinese Commerce Minister Wang Wentao sent a letter to the newly appointed US Trade Representative (USTR) Jamieson Greer, congratulating Greer on becoming the 20th USTR, while also expressing China's concerns regarding the US imposition of additional tariffs on Chinese products, the Ministry of Commerce (MOFCOM) said in a statement on Thursday night.
More than 200 Chinese enterprises participated in business trips to countries including Kazakhstan, Germany and South Africa within half a month since the end of the Spring Festival, the China Council for the Promotion of International Trade (CCPIT), the organizer of the trips, said on Thursday.
China is set to add more than 200 million kilowatts of new-energy power generation capacity in 2025, bringing the nation's total installed capacity for new-energy power generation to 1.61 billion kilowatts, according to the National Energy Administration (NEA) on Thursday.
The recent proposal of the European Commission (EC) to allocate 100 billion euros ($105 billion) to support EU-made clean manufacturing within the bloc has raised concerns from the China Chamber of Commerce to the EU (CCCEU) about the EU policy's potential discrimination against foreign businesses including those from China.
Fujian, the Chinese mainland province situated closest to the Taiwan island, has rolled out its fourth package of policies designed to benefit Taiwan residents, the latest measures taken to boost economic exchanges and cooperation between the two regions.
Multiple Chinese banks have moved to enhance financial support for the nation's foreign trade sector, further optimizing policy arrangements to extend China's foreign trade growth.
A number of foreign infant formula brands scored a win in the Chinese market in 2024, with some recording double-digit growth.
Zhang Shuibo, a deputy to the National People's Congress (NPC), China's top legislature, and professor at the College of Management and Economics of Tianjin University, has long focused on the development of the Belt and Road Initiative (BRI) in his work.
On Thursday, a dual-fuel car carrier with a capacity of packing 8,600 vehicles was delivered in Guangzhou, Guangdong Province, South China. This vessel is an upgraded version of its predecessor, designed to carry 1,600 more vehicles without altering its dimensions, enhancing China's ability to support automobile exports, according to CCTV News.
A Japanese business delegation recently visited China with a record number of representatives, fully reflecting the great importance Japanese businesses attach to the Chinese market, He Yadong, a spokesperson for the Ministry of Commerce (MOFCOM), said at a press briefing on Thursday.
China has noticed the decision by the US to initiate a Section 232 investigation into copper imports, and though the investigation was launched under the pretext of "national security," it is in fact an act of unilateralism and protectionism, He Yadong, spokesperson for the Ministry of Commerce of China, said on Thursday.
Asked about latest communication between Chinese and US trade officials after US President Donald Trump said a fresh trade deal with China was "possible," He Yadong, a spokesperson from China's Ministry of Commerce, said on Thursday that the Chinese and US commerce departments have been in constant communication.
Abdullah bin Touq Al Marri, Minister of Economy, said that the financial technology (Fintech) sector continues to power growth, contributing 8.7% to the UAE's Gross Domestic Product (GDP).
US sanctions against Chinese entities over alleged involvement in Iran's drone procurement are an abuse of administrative power and a practice of "long-arm jurisdiction" that undermines international trade rules and order, a Chinese expert said on Thursday.
The American Chamber of Commerce in South China (AmCham South China) released on Wednesday its 2025 Special Report on the State of Business in South China, which highlighted that the world's second-largest economy continues to be an attractive investment destination.
In recent times, the narrative surrounding China's investment in Vietnam has been somewhat misconstrued by some Western media outlets, with a notable example being a recent article by the Financial Times, which posits that a surge in Chinese investment into Vietnam could potentially provoke retaliatory measures from Washington. This perspective, while attention-grabbing, fails to grasp the essence of China-Vietnam investment.
China International Trade Representative and Vice Minister of Commerce Wang Shouwen has recently met separately with two US business executives in Beijing, during which the parties stressed the importance of cooperation, according to statements from the Chinese Ministry of Commerce (MOFCOM) on Wednesday.
“Trade and tariff wars have no winners and undermine the interests of people from all countries. We firmly oppose the US unilateral tariff hikes,” Chinese Foreign Ministry spokesperson Lin Jian said at a regular press conference on Wednesday.
The Perennial General Hospital Tianjin, China's first wholly foreign-owned, third-grade general hospital, commenced operations in North China's Tianjin Municipality on Wednesday, as the country pushes forward its plan to open up its medical sector to foreign investors.
An artificial intelligence (AI)-powered translation device, developed by Shenzhen-based tech start-up LAiPIC.AI, provided "zero-latency" translation services at the Shenzhen two sessions, marking the country's first government-level AI large model simultaneous interpretation software in service, the Global Times learned from the company on Wednesday.
China unveiled the “No.1 central document” for 2025 on Sunday, outlining the priorities for further deepening rural reforms and taking solid steps in advancing all-around rural revitalization, according to the Xinhua News Agency. The country's rural revitalization drive continues to gain momentum through steadfast policy reinforcement, vigorous infrastructure modernization, and the rapid adoption of advanced technology in agricultural transformation.
Financial Secretary of Hong Kong Special Administrative Region (HKSAR) Paul Chan Mo-po delivered the 2025-26 Budget on Wednesday, aiming to enhance Hong Kong's role as a "super connector" under the framework of "One Country, Two Systems."
China is encouraging Chinese airlines to expand all-cargo aircraft operations, ramping up the frequency of scheduled international cargo routes, in order to expand international cargo capacity.
There are no winners in either a trade or tariff war, and the interests of the people of all countries will be harmed, and China firmly opposes the US' unilateral actions to impose additional tariffs, Chinese Foreign Ministry spokesperson Lin Jian said at a regular press conference on Wednesday.
In response to Canada's announcement that it had imposed sanctions on 76 foreign entities and individuals for providing dual-use items to Russia, including more than 20 Chinese entities, China's Ministry of Commerce (MOFCOM) said on Wednesday that China is strongly dissatisfied with this and firmly opposed the move of Canada.
Half a month before the annual sessions of China's top legislature and political advisory body, a high-level symposium on private enterprises was convened, sending a signal of strong support for private businesses.
Chinese lawmakers advanced the draft private economy promotion law during a recent National People's Congress Standing Committee session, in a move aimed at dismantling barriers, unlocking the sector's full potential and creating a fairer and more dynamic business environment.
Chinese Premier Li Qiang on Tuesday called for advancing scientific and technological innovation in frontier and emerging areas, better cultivating new quality productive forces and promoting the country's high-quality development.
China's first licensed pancake-making robot was recently put into service in the Beijing Economic-Technological Development Area, also known as Beijing E-Town, the China Media Group reported on Tuesday.
Shanghai Port completed automobile roll-on, roll-off (ro-ro) throughput of 3.63 million vehicles in 2024, an increase of 15 percent year-on-year. The port's auto throughput jumped to the world's No.1 spot for the first time, according to China Media Group (CMG) on Tuesday.
The China Council for the Promotion of International Trade (CCPIT) vowed to support and promote more competitive Chinese enterprises to commence business in Germany, and called for efforts from Germany to provide a more open, fair, just and non-discriminatory business climate.
US electric vehicle giant Tesla on Tuesday introduced the much-anticipated enhanced Autopilot feature for urban roads in China, joining a number of US companies that recently stepped up their moves in the world's second-largest economy, reflecting that American companies are voting with their feet in prospects of the Chinese market amid the country's continuous opening-up and huge market potential despite the Trump administration's protectionist practices.
Many Chinese firms are setting their sights on launching IPOs in the Hong Kong Special Administrative Region, "riding on the stock market impetus provided by artificial intelligence (AI) start-up DeepSeek," the South China Morning Post reported on Tuesday. This trend underscores a broader narrative: the current surge in technological innovation within the Chinese mainland could inject new vitality into Hong Kong's stock market.
Heihe in Northeast China's Heilongjiang Province is one of the country's coldest cities. With enduring extreme temperatures that dip well below -20 C, snow and ice blanket the landscape. Despite the harsh conditions, new-energy vehicles (NEVs) race across the icy roads, undergoing rigorous cold-weather testing.
Shenzhen, often referred to as China's Silicon Valley, on Tuesday announced its 2025 economic growth target of 5.5 percent, making it the latest major economic city in China to announce its growth goal for the year.
China's brain-computer interface (BCI) sector has witnessed a series of policy initiatives aimed at accelerating the development of the BCI industry chain.
China unveiled the world's most powerful self-developed methanol dual-fuel marine engine in Shanghai on Tuesday, signaling a significant step in the maritime industry's shift towards green and low-carbon technologies, according to a report by China Group Media (CMG).
Nanjing, East China's Jiangsu Province, is set to become one of China's major cities with dual airports, according to a press conference held on Tuesday, highlighting a broader push by Chinese cities to enhance air connectivity.
The Hurun China 500 Most Valuable Private Companies in 2024 was released on Tuesday, with high-tech firms making up the majority of the list, epitomizing China's rapid advancement in technology innovation.
China has repeatedly expressed its firm stance against the US' malicious blockade and suppression of China's semiconductor sector. The US has been politicizing and weaponizing trade and technology issues, overstretching the concept of national security, while continuing to strengthen its chips export controls to China and coercing other countries to suppress China's semiconductor industry. This has impeded the development of the global semiconductor industry and will ultimately backfire, Lin Jian, spokesperson from China's Foreign Ministry, said on Tuesday.
Tesla Inc. announced on Tuesday that it has begun rolling out software updates for Chinese Tesla car owners in stages, introducing an Autopilot feature for urban roads, which is said to enhance the existing Navigate on Autopilot (NOA) driver-assistance system.
East China's Shanghai Municipality has introduced a three-year action plan starting in 2025 to promote the high-quality development of the city's tourism industry.
The 2025 Spring Festival travel rush, or chunyun in Chinese, wrapped up on Saturday, with a record high of 9.02 billion passenger trips seen in the 40-day period - 510 million by rail, 90.2 million by air, and 7.17 billion by car. The largest cyclical human migration is a manifestation of the immense vitality of China as well as the Chinese people's growing confidence in the nation's future.
Workers dismantle the big snowman in a public square in Harbin, capital of Northeast China's Heilongjiang Province on February 24, 2025. During the recent Chinese Spring Festival holidays, which ran from January 28 to February 4, the city received 12.15 million tourists, an increase of 20.4 percent year-on-year, the local travel bureau said. Photo: VCG
China will continue to ramp up the supply of grains and other important agricultural products to safeguard food security, as the "No. 1 central document" stipulated, said Han Wenxiu, an executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, on Monday.
Chinese lawmakers will review a draft revision of the Civil Aviation Law this week to enhance safety in the civil aviation industry, and a draft amendment has been proposed suggesting that airspace allocation should consider the development of low-altitude economy to support the high-quality growth of the civil aviation industry.
China's centrally administered state-owned enterprises (SOEs) are forging ahead with collaboration with DeepSeek and accelerating the implementation of the "AI +" strategy across a wide spectrum of their business operations.
China's total output of marine economy surpassed the 10 trillion yuan ($1.38 trillion) mark for the first time last year, contributing 0.4 percentage points to national economic growth, according to the "2024 China Marine Economy Statistical Bulletin" released by China's Ministry of Natural Resources on Monday.
The Standing Committee of the 14th National People's Congress (NPC), China's top legislature, on Monday held the first plenary session of its 14th meeting, during which lawmakers heard a report on revisions to a draft of the private economy promotion law, the Xinhua News Agency reported.
A Chinese business delegation departed for Germany on a three-day business trip, aiming to strengthen communication and exchanges and deepen practical cooperation with German business community, China Council for the Promotion of International Trade (CCPIT), the organizer of the visit, said on Monday on its WeChat account.
Unlike in previous years, Indonesia's largest automotive exhibition took on a different tone this year with the arrival of high-end Chinese car brands, including electric vehicles (EVs), on the showroom floor. This highlights the growing presence of Chinese automakers in Southeast Asia's largest economy.
The Chinese business community firmly opposes the US' repeated expansion of the concept of “national security,” which continuously hinders economic and trade exchanges between the industries of the two countries, the China Council for the Promotion of International Trade (CCPIT) stated on Monday, urging the US to lift restrictions on two-way investment related to the "America First Investment Policy" memorandum, which tightens security reviews targeting investments from China.
China unveiled its "No. 1 central document" for 2025 on Sunday, outlining the priorities for further deepening rural reforms and taking solid steps in advancing all-around rural revitalization. The document emphasizes further strengthening the supply of key agricultural products to safeguard grain security and developing new quality productive forces in agriculture, among other tasks.
The Mohan port in Southwest China's Yunnan Province on the China-Laos Railway facilitated a total of 42,000 inbound and outbound passenger trips during the 40-day 2025 Spring Festival travel rush, up 49 percent year-on-year, China Media Group reported on Sunday.
China is ramping up its investment in science and technology innovation across the country, with cities like Shenzhen in South China's Guangdong Province announcing on Sunday plans to align with global and national innovation resources, offering up to 30 million yuan ($4.2 million) in support for international cooperation projects.
In mid-January, a giant container vessel from Europe docked at Qingdao Port, East China's Shandong Province, marking the official launch of the port's first BRI shipping lane, linking Shandong with the Mediterranean countries.
The combined shipments of Chinese TV brands TCL, Hisense and Xiaomi accounted for 31.3 percent of the global market, surpassing South Korea's Samsung Electronics and LG Electronics for the first time, which held a 28.4 percent share, the Yonhap News Agency reported on Sunday, citing the latest statistics from market research firm Omdia.
The Hong Kong Special Administrative Region (HKSAR) government will double down on its fiscal consolidation strategy in the budget for the new financial year to be released on Wednesday, HKSAR Financial Secretary Paul Chan Mo-po wrote in a blog post published on Sunday.
China's 40-day Spring Festival travel rush has concluded with a record-breaking number of inter-regional trips, according to official data on Sunday.
The 2025 Global Developer Conference (GDC) concluded on Sunday in Shanghai, where large models and calls for open source became highlights and industry practitioners expressed expectation for rapid development of artificial intelligence (AI) agents in 2025.
The DeepSeek craze continues to spread globally, driving a sharp rise in Chinese asset prices, including US-listed Chinese stocks. An analyst noted on Sunday that Chinese assets have entered a new phase, with capital flows out of US stocks and into A-shares and Hong Kong stocks becoming increasingly evident.
As the low-altitude economy takes off in China, security risks must be carefully managed, necessitating stringent oversight in planning, infrastructure development, and operations, experts told the Global Times on Sunday.
Uzbekistan saw a 75 percent surge in tourist arrivals from China in 2024, local media reported on Saturday, citing the country's statistics agency.
In response to USTR's announcement on Friday local time to seek public comment on proposed actions in Section 301 Investigation of China's maritime, logistics, and shipbuilding sectors, China's Ministry of Commerce (MOFCOM) on Sunday urges the US to respect facts and rules and halt its wrong actions, saying that China will closely watch US moves and take necessary steps to safeguard its legitimate rights.
China is estimated to see 9.025 billion inter-regional passenger trips during the 40-day Spring Festival travel rush period between January 14 and February 22, the Xinhua News Agency reported on Saturday, citing a special work team established to ensure the smooth operations of this year's Spring Festival travel rush.
US President Donald Trump signed a memorandum on Friday directing a committee to curb investments from China, including the Hong Kong Special Administrative Region (SAR) and the Macao SAR, in US strategic sectors, drawing opposition and criticism from Chinese experts.
The Chinese animated movie "Ne Zha 2" has seen its box office revenue worldwide, including presales, surpass 13 billion yuan (about 1.8 billion U.S. dollars), according to ticketing platforms.
He Lifeng, Chinese vice premier and Chinese lead person for China-US economic and trade affairs, held a video call on Friday night with US Treasury Secretary Scott Bessent at the latter's request. The two sides exchanged in-depth views on important economic issues between China and the US around the implementation of the consensus reached in the phone call by the Chinese and US heads of state, according to China Media Group.
The upcoming 14th session of the Standing Committee of the 14th National People's Congress (NPC) will conduct the second review of the draft of China's private economy promotion law, the spokesperson's office of the Legislative Affairs Commission of the NPC Standing Committee said recently when responding to media inquiries regarding the review on the draft law, the People's Daily reported on Friday.
Chinese tech firms have launched new open-source products at the 2025 Global Developer Conference (GDC 2025) which officially kicked off on Friday in Shanghai's Xuhui district.
China's securities watchdog on Friday vowed stepped-up efforts to crack down on illegal activities that disrupt the market trading order and to earnestly protect the fundamental interests of investors, as China's stock market surges amid global investors' revaluation of Chinese shares at the start of 2025.
In recent years, the "little giants" in China - small and medium-sized enterprises (SMEs) that boast cutting-edge technologies and specialize in niche sectors - have shown strong growth momentum.
In 2025, China's economy will continue to overcome several challenges, notably the uncertainties in the external environment. Nevertheless, the current foundation of the Chinese economy remains strong, characterized by numerous advantages, robust resilience, and significant potential.
A 20-something white-collar worker surnamed Huang in Shanghai treated her beloved Maltese dog to a "fine dining" experience at a pet buffet in a shopping mall in Shanghai's Minhang district this week. The dinner, which includes two appetizers, two main courses and one dessert, cost her more than 100 yuan ($13.73), nearly double what she spends on her own takeout dinner.
He Lifeng, Chinese vice premier and Chinese lead person for China-US economic and trade affairs, on Friday held a video call with US Treasury Secretary Scott Bessent at the latter's request. The two sides exchanged in-depth views on important economic issues between China and the US around the implementation of the consensus reached in the phone call by the Chinese and US heads of state, China Media Group reported.
China's top legislature will conduct a second reading of the draft private economy promotion law next week and will then solicit further opinions from various sectors to refine the draft.
Foreign investors are increasingly turning their attention to China's A-share market, with a particular focus on the burgeoning opportunities in AI and robotics.
A BELL505 helicopter, fully loaded with passengers, took off from Pudong Software Park in Shanghai, crossed the Yangtze River and Chongming Island, and landed smoothly at the Qidong Linyang Park in East China's Jiangsu Province, marking another major step forward in advancing low-altitude passenger transport in East China's Yangtze River Delta region.
Guangzhou, capital of South China's Guangdong Province, on Friday launched its first autonomous driving operation line, making it the first among the country's first-tier cities that operate such lines linking downtown with train stations and airport, the Global Times learned from domestic autonomous driving startup Pony.ai.
