China and Germany have had frequent economic and trade exchanges and cooperation recently, with the 2024 AHK Greater China Xceleration Days 2024 set to take place in Beijing in mid-November, following the eighth Sino-German Automotive Conference held in Munich, Germany recently.
The car industry and supply chain between China and Mexico has been strong, and such cooperation should not be easily disrupted by US restrictions, Victor Cadena, executive vice president of the Mexican Chamber for Commerce in China, told the Global Times in an exclusive interview on Tuesday.
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 ...
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 ...
Chinese foreign ministry on Tuesday expressed firm opposition to the US' latest move to finalize rules to curb tech investments in China and vowed to take all necessary measures to resolutely safeguard the country's legitimate rights and interests.
Hong Kong Chief Executive John Lee Ka-chiu announced on Tuesday that he is going to lead a delegation to attend the 7th China International Import Expo (CIIE) next Monday in Shanghai, where he will introduce investment opportunities in the Hong ...
In mid-October every year, in Heihe, Northeast China's Heilongjiang Province, the last batch of tourists who have come for a taste of the autumn's glamour are hurried off by a fast drop in temperatures.
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.
The Hong Kong Special Administrative Region (HKSAR) government strongly opposed the US plan to restrict the capital investment in semiconductors and microelectronics, quantum information technology, and AI systems in China, including its HKSAR region, a spokesperson of the HKSAR said ...
As preparations for the Asian Winter Games progress, there has been a noticeable increase in tourists from across Asia planning to visit Northeast China's Heilongjiang Province, according to a press conference held on Tuesday, which focused on the preparations for ...
The Hong Kong Special Administrative Region (HKSAR) government issued a policy statement on Monday, outlining its stance and guidelines for the responsible application of artificial intelligence (AI) in the financial market, aiming to promote the use of AI in finance, ...
Multiple Chinese manufacturing hubs have released their GDP growth figures for the first three quarters, with some showing gains of more than 5 percent. Analysts attributed the positive readings to the localities' impressive performance in manufacturing, in particular in high-tech, ...
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.
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.
Real estate markets in China's first-tier cities are picking up following optimized policies nearly one month after their introduction. Beijing, Shanghai, Shenzhen and Guangzhou in South China's Guangdong Province are showing signs of recovery as the effects of newly implemented ...
China remains the best supply chain partner for many multinational businesses, with many holding favorable views of China's latest policy measures related to foreign investment and attending major expos in China, deputy head of China's top trade promotion agency said ...
As a major northern gateway, Heihe is a small city in Northeast China's Heilongjiang Province, bordering Russia.
Mount Tai is becoming more and more tech-savvy!” “Technology changes life.” “Can I ride it up the mountain?” In October, some unique figures appeared on the winding paths of Mount Tai – a group of robotic dogs carrying garbage, sparking ...
China is an important market for Finnish companies, particularly in green transition in which the two countries are "highly complementary," Juha Tuominen, chairman of FinnCham China Beijing, said in an exclusive interview with the Global Times on Monday, adding Finland ...
China on Monday again warned the EU not to conduct separate negotiations over the price of Chinese electric vehicles (EV) sold in the EU market, and said it will undermine the mutual trust and disturb negotiation process, urging the EU ...
China is strongly opposed to recent US and EU trade restrictive measures which clearly violate WTO rules, Zhang Shaogang, vice chairman of the China Council for the Promotion of International Trade (CCPIT) said at a State Council Information Office press ...
The People's Bank of China (PBC), the central bank, announced on Monday that it will initiate its outright open market reverse repo facility, with open market operations scheduled once a month and tenors of less than one year. The facility ...
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 ...
China is confident to achieve around 5-percent GDP growth target for 2024, and the country will step up counter-cyclical adjustments in fiscal policy in addition to monetary policy stimulus, China's Vice Minister of Finance Liao Min said on Friday during ...
The 11th China-Central Asia Cooperation Forum concluded on Sunday in Yinchuan, the regional capital of Northwest China's Ningxia Hui Autonomous Region. The forum resulted in the signing of 35 cooperation projects, with a total value of 11.2 billion yuan ($1.57 ...
The Hong Kong Special Administrative Region (HKSAR)'s Financial Secretary Paul Chan will lead a delegation from the financial, innovation and technology sectors to Saudi Arabia on Monday, a move that analysts said is set to deepen cooperation between the HKSAR ...
Competitors participate in a masonry project competition in Hefei, East China's Anhui Province, on October 27, 2024. The finals of the 2024 National Industry Vocational Skills Competition feature 401 contestants from 32 delegations representing provinces, regions and municipalities across the ...
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 ...
The China Industrial Transfer and Development Matchmaking Activities (Gansu) kicked off on Sunday in Lanzhou, Northwest China's Gansu Province, during which agreements valued at more than 300 billion yuan ($40.98 billion) are expected to be signed, according to the Xinhua ...
Shanghai Municipality is striving to establish itself as an international financial center and global asset management center, aiming to promote the high-quality development of the financial industry on a broader scope, across more areas and in greater depth, a senior ...
In the main control room at the Fuqing Nuclear Power Plant, operators of the Hualong One reactor - a domestically designed third-generation nuclear reactor, carefully monitor the glowing indicator lights on a big screen to ensure the smooth operation of ...
China's high-tech manufacturing sector profits saw a 6.3 percent year-on-year increase in the first three quarters of 2024, driven by rapid production growth.
China is confident it will achieve a 5% annual GDP growth and will enhance counter-cyclical adjustments in fiscal policy alongside monetary policy, Vice Minister of Finance Liao Min stated at a World Bank meeting in Washington on Friday.
Amid a sluggish global economic recovery, maintaining resilient and stable industrial and supply chains is crucial for growth. Foreign firms and scholars contend that "decoupling" hampers recovery, advocating instead for a global system of industrial and supply chains that shares ...
Key data for the Chinese aviation industry in the third quarter of this year indicates a strong recovery, official figures showed on Friday, with the industry benefiting from continuous efforts by the government to boost the economy.
Chinese Commerce Minister Wang Wentao on Friday held a video call with the European Commission (EC)'s Executive Vice-President and Commissioner for Trade Valdis Dombrovskis at the latter's request, during which the two sides agreed to conduct further consultations over the ...
China's trade-in program for automobiles and home appliances is progressing smoothly and has achieved positive results since its launch, and is set to help further spur consumer spending and consolidate the country's ongoing economic recovery, an official from China's Ministry ...
On October 21, a significant milestone was achieved in Bortala, Northwest China's Xinjiang Uygur Autonomous Region, with the successful live crossing of the 110 kV Bonong Line by the 220 kV outgoing line from the Xinhua Bole South Collection Station. ...
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 7th China International Import Expo (CIIE), scheduled to be held in Shanghai from November 5 to 10, has entered the home stretch.
Chinese Commerce Minister Wang Wentao on Friday held a video call with the European Commission (EC)'s Executive Vice President and Commissioner for Trade Valdis Dombrovskis and reaffirmed political commitment to resolving differences in the #EV dispute through talks.
China's grain output is projected to hit a record high of 700 million tonnes this year, the Ministry of Agriculture and Rural Affairs said on Friday.
On the afternoon of October 22, a sharing session titled "Climate Change and Youth Power" was held in Shenzhen, initiated by Arthur Li and Carter Li, students from SZMS Nanshan Innovation School. During the event, a climate change expert shared ...
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 ...
As of October 23, the replacement of the No. 1 main transformer at the 220 kV Shihezi West Substation, operated by the State Grid Kuitun Power Supply Company, has made significant progress. Key tasks completed include the positioning of the ...
Multiple Chinese commercial banks, including Industrial and Commercial Bank of China and Agricultural Bank of China, cut their mortgage rates on existing home loans on Friday, as part of the implementation of a package of policies proposed in September by ...
China remains the world's largest steel market, with annual consumption exceeding 800 million tons, and the manufacturing sector is emerging as a key driver for industry growth as the industry undergoes structural improvements, China Iron and Steel Association (CISA) said ...
On October 18, the "5th Electric AI Conference and 3rd Power Industry Digital Transformation Conference" opened in Hefei, East China's Anhui Province. The "ZhiChuang Award" 2024 Electric Digital & Intelligent Transformation Technology Innovation Application Selection and Award Ceremony was held ...
The innovative move of establishing a China Center for Cooperation on Development of Special Economic Zones in BRICS Countries will strengthen connectivity among BRICS members' special economic zones through industrial coordination, policy research, experience sharing and other measures, which will ...
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.
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 ...
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.
Chinese airlines are mulling more overseas routes in the coming winter and spring flight plans that start on Sunday, adding new routes and increasing flights to meet the market's needs.
As South China's Hainan Province plans to implement independent customs operations throughout the island by the end of 2025 in a bid to further boost the opening-up of the Hainan Free Trade Port, DFS, an international luxury travel retail specialist, ...
Saudi Arabia's first exchange-traded fund (ETF) tracking equities listed in Hong Kong, the Albilad CSOP MSCI Hong Kong China Equity ETF, will debut on the Saudi Exchange on October 30, and it is expected to become the largest ETF in ...
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.
China will resolutely safeguard its legitimate rights and interests against malicious actions that suppress or impose sanctions on Chinese enterprises on the alleged involvement with Russia, a spokesperson of China's Ministry of Commerce (MOFCOM) said on Thursday, responding to a ...
China's Ministry of Commerce (MOFCOM) said on Thursday that the investigation into US-based PVH Corp under the unreliable entity list mechanism is progressing in an orderly fashion according to Chinese law and China has been exercising prudence when handling issues ...
In October of golden autumn, wharfs and shipping terminals in various places usher in the peak transportation season. In the Beijing-Hangzhou Grand Canal (Xuzhou Section), there is a steady stream of ships loaded with cargo every day. The shipping peak ...
In mid-October, the Aibi Lake Wetland National Nature Reserve, located in the northwestern border area of China, welcomes the timely arrival of migratory birds.
The foreign trade of Northwest China's Xinjiang Uygur Autonomous Region experienced robust growth in the first three quarters of this year, further underscoring its role as a crucial gateway for China's westward opening-up.
The recent implementation of a package of incremental policies will continue to unleash the momentum for industrial upgrading, the potential for consumer spending and the vitality of business entities. “We are confident in achieving the annual development goals,” Zhao Zhiguo, ...
The story of the global energy transition should not be a “China story.” Rather, it should be a “global story” of solidarity and cooperation, Chinese Foreign Ministry spokesperson Lin Jian emphasized on Wednesday, urging all countries to contribute to global ...
The real estate markets in some major Chinese cities, including Shanghai, have seen notable improvements in terms of customer enthusiasm and transaction volume, in response to a combination of policy measures aimed at stabilizing the property market, according to media ...
The Hong Kong-Zhuhai-Macao Bridge marked its sixth anniversary of operation on Wednesday, with the total import and export value of goods moving through the Zhuhai port of the bridge having reached 942.7 billion yuan ($132.2 billion), according to customs data.
The number of exhibitors for the upcoming 7th China International Import Expo (CIIE) hit a record high, an official said on Wednesday, highlighting China's continuous efforts in promoting high-level opening-up.
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 ...
Apple CEO Tim Cook pledged to continue to expand the company's investment in China during a meeting with China's industry and information technology minister on Wednesday.
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 ...
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 ...
Foreign investment in yuan-denominated assets has shown an overall positive trend. The yield on yuan-denominated bonds has been good since the start of the year, prompting foreign investors to increase their holdings, Li Hongyan, deputy head of the State Administration ...
Chinese experts on Tuesday slammed US proposals to restrict investment in artificial intelligence (AI), semiconductors and other technologies in China, saying the proposed measures are just the latest example of the intensifying US campaign to contain China's development.
China's 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.
Apple CEO Tim Cook was in Beijing on Tuesday, marking his second trip to China this year, underscoring the growing importance of the Chinese market for the tech giant, according to analysts.
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 ...
The 2024 International Association for the Protection of Intellectual Property (AIPPI) World Congress closed on Tuesday in Hangzhou, East China's Zhejiang Province, during which Chinese and foreign participants discussed and exchanged ideas on a wide range of hot topics concerning ...
Multiple Chinese provinces have reported their economic performances for the first three quarters, with provincial-level regions including Southwest China's Chongqing Municipality, Central China's Henan Province and North China's Inner Mongolia Autonomous Region posting GDP growth rates higher than the national ...
China's Foreign Ministry said on Tuesday that the country will take further measures, including streamlining visa policies, to welcome more foreign visitors to visit the country, as the “China travel” boom continues to pick up pace.
As BRICS leaders convene in Russia's city of Kazan, the world is grappling with overlapping global challenges like geopolitical tensions, climate change, food security, and financial instability.
The yield on renminbi bonds has been good since the start of the year, attracting foreign investors to increase their holdings, an official with the State Administration of Foreign Exchanges said on Tuesday.
China's commercial banks saw a forex settlement deficit of 121.3 billion U.S. dollars in the first three quarters of this year, official data showed Tuesday.
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.
China's unemployment rate for the urban labor force aged 16 to 24, excluding students, has dropped to 17.6 percent in September, down from 18.8 percent in August, data from the National Bureau of Statistics (NBS) showed on Tuesday.
On October 10, 2024, the Duku Highway officially entered winter road closure. State Grid Kuitun Power Supply Company successfully completed the four-month power supply protection work. According to statistics, since the opening to traffic on June 1, there have been ...
China has witnessed rising output of clean energy, official data showed, highlighting the continuous efforts of the country in beefing up renewable energy to boost its green development.
More than 20 Chinese companies listed in the A-share market have announced plans to tap into loans under a special central bank lending program for share buybacks and shareholdings increases, a trend that observers expect would be followed by more ...
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 ...
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.
As an important destination for global financial investment, Beijing will move faster to develop a vibrant modern financial system and enhance its capacity to serve national financial management functions, Yin Li, secretary of the Communist Party of China Beijing Municipal ...
The government of the Hong Kong Special Administrative Region (HKSAR) vows to ramp up efforts to optimize and expand the financial market connectivity between the Chinese mainland and HKSAR, John Lee Ka-chiu, chief executive of the HKSAR, said at the ...
The Canton Fair epitomizes China's continued opening-up and offers a platform for the world to share in China's opportunities, Chinese Foreign Ministry spokesperson Lin Jian said while praising the just-concluded first phase of the 136th Canton Fair on Monday, noting ...
China's central bank will continue to boost the high-quality opening-up of the country's financial sector, which has become an important force behind the development of the financial sector, Lu Lei, deputy governor of the People's Bank of China (PBC), said ...
Seventy years ago, a group of far-sighted British, represented by Jack Perry Senior, broke the ice and opened the door to developing China-UK trade, paving the way for enduring friendly exchanges. Over the decades, the "icebreaking" spirit carries on and ...
The People's Bank of China (PBC), the central bank, will support qualified banks from different jurisdictions in participating in the Cross-Border Interbank Payment System (CIPS) for the Chinese yuan, Lu Lei, deputy governor of the PBC said on Monday at ...
A total of 14,689 China-Europe freight train trips were operated from January to September this year, representing a year-on-year growth of 13 percent, China State Railway Group Co announced on Monday.
China cut its benchmark lending rates by 25 basis points (bps) on Monday, as authorities intensified monetary support to bolster the economy.
The 2024 World Science and Technology Development Forum (WSTDF) will kick off on October 22 in Beijing with a historically high level of participation of overseas guests, the Global Times learned from a press conference held on Friday.
China on Monday cut its market-based benchmark lending rates, with the one-year loan prime rate (LPR) down to 3.1 percent from the previous reading of 3.35 percent.
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.
China's first public service platform for offshore financial legal practices was launched at the three-day Annual Conference of Financial Street Forum 2024. The new platform is expected to provide greater convenience and support for Chinese enterprises to expand their overseas ...