As 2024 draws to an end, multiple overseas financial institutions expressed confidence in China's capital market by expanding local deployment while maintaining a positive outlook for 2025.
As Christmas approaches, a number of Chinese exporters are reporting significant order growth this year, with high-quality products helping to add a festive touch to the global holiday season. Yiwu, a key manufacturing hub in East China's Zhejiang Province, has seen robust sales as suppliers cater to rising demand worldwide.
With the steady advancement of the construction and plans of the railway network spanning Southeast Asia and the Eurasian continent, infrastructure efforts aimed at reshaping global connectivity are set to ...
The consideration of tariff exemptions exposes that the high tariff policy in the US is counterproductive to boosting the domestic solar panel manufacturing industry. Maxeon's case shows that Chinese manufacturing ...
A made-in-China roadheader with an excavation diameter of 5.63 meters recently came off the production line in Changsha, Central China's Hunan Province. This equipment will be used in the construction of a mining roadway project in Zambia, marking the first ...
The Chinese government released a guideline on Monday aimed at accelerating the construction of a unified and open transportation market, calling to develop general aviation and the low-altitude economy and ensure that all types of businesses in this sector are ...
Merger talks between Japanese carmakers Nissan and Honda reflect their "desperate" need to catch up with the fast-developing electric vehicle (EV) industry in China, their important overseas market, a senior Chinese industry insider said on Monday.
Over the course of 2024, China's foreign trade development has maintained a good momentum, with overall quality and structure improvement and stable growth. The achievements have not come easily considering the current slowing global economic recovery, intensifying trade protectionism and ...
China's new energy vehicle (NEV) industry is making significant progress in recent years, marked by rapidly growing exports to many countries all over the world. Despite increasing trade protectionism in North America and Europe, industry experts have confidence that China's ...
Domestic airlines are expanding their overseas services as China extends its visa-free policies to more countries, marking the policy a significant boost to both inbound and outbound travels.
A blue book on the development of the Guangdong-Hong Kong-Macao Greater Area (GBA) released on Monday indicates that the region's economic scale ranked top among global peers at the end of 2023, surpassing New York and San Francisco Bay areas, ...
In response to the US Congressional-Executive Commission on China (CECC) 2024 Annual Report, which claimed that the Chinese government has increasingly interfered in the affairs of Hong Kong and Macao Special Administrative Regions (SARs) in violation of the "One Country, ...
Suzhou city, a major manufacturing hub based in East China's Jiangsu Province, denied online allegations that it had seen a significant withdrawal of foreign capital, the Suzhou municipal government said over the weekend.
The number of 5G mobile subscribers in China exceeded 1 billion at the end of November, official data showed on Monday.
President-elect Donald Trump indicated on Sunday that he favored allowing TikTok to continue operating in the US for at least a little while, claiming that he had received billions of views on the social media platform during his presidential campaign, ...
As China's new-energy sector experiences rapid growth, the Xinjiang region is bringing its unique strengths and resources into play to maximize its potential in this field, making a significant contribution to its overall economic development.
The Chinese Chamber of Commerce in Italy (CCCIT) has released its first "Report on the Development of Chinese Enterprises in Italy," which showed that while surveyed Chinese firms remain committed to the Italian market, they also called on the Italian ...
China's cross-border e-commerce trade has rapidly emerged as a prominent advantage of the country's foreign trade landscape. Despite increasing challenges, such as geopolitical pressures, the integrated strength of China's cross-border e-commerce, digital economy and manufacturing is poised to continue to ...
Vendors are busy stocking up on fruits at a wholesale market in Jinhua, East China's Zhejiang Province on December 22, 2024. With the New Year's Day and the Spring Festival holidays approaching, fruit sales have entered the pre-holiday peak season ...
China has stepped up fiscal support for disaster prevention and mitigation and emergency management, with the general public budget expenditure on the effort increasing by 8.85 percent on average over the past five years, Chinese Finance Minister Lan Fo'an said ...
The China-Nepal cross-border railway project will be a game changer in the trans-Himalayan region connecting not only Nepal and China but also China and South Asia as a whole, Leela Mani Paudyal, a former Nepali ambassador to China, told the ...
Hungarian Prime Minister Viktor Orban's remarks about the country's focus on electromobility as a cornerstone of its industry policy and about cooperation with Chinese electric vehicle (EV) firms highlighted the vast potential for future cooperation between China and Hungary, a ...
The smooth lifting of a container from an ocean liner docked at Shanghai Port on Sunday marked a historic milestone: The port's 2024 container throughput surpassed 50 million 20-foot equivalent units (TEUs), making it the first in the world to ...
One of the latest places to launch a snow and ice-related festival or event, Shimian county in Southwest China's Sichuan Province will kick off a snow and ice tourism season combining hot spring tours on Monday, after many such events ...
The 1-million-kilowatt integrated concentrated solar-thermal power (CSP) and photovoltaic (PV) energy demonstration project in Hami, in Northwest China's Xinjiang Uygur Autonomous Region, has commenced power generation and connected to the State Grid, a spokesperson from the Northwest Electric Power Design ...
As winter approaches, the frequent occurrence of cold waves and temperature drops poses significant challenges to the safe and stable operation of the power grid. In response, the State Grid Qingdao Power Supply Company is proactively fulfilling its social responsibilities ...
A draft law aimed at promoting the private sector was submitted on Saturday to the Standing Committee of the 14th National People's Congress (NPCSC) for preliminary review. The proposed legislation seeks to address gaps in China's legal framework by establishing ...
The 26th Harbin Ice and Snow World opened to tourists from the world at 10 a.m. on Saturday, attracting thousands of visitors who began queuing as early as 3 a.m. Tickets for the opening day sold out across multiple travel ...
People skate on the largest outdoor ice rink in Shanghai on December 20, 2024, amid the kick-off of a series of winter season consumption promotion events in the city. According to the latest industry report, the scale of the China's ...
South Korea's so-called possible anti-subsidy investigation into Chinese electric vehicles (EVs) does not stand a ground due to Chinese EVs' relatively small market share in the country, said a Chinese observer, noting that is more equate to a form of ...
The rapid development of artificial intelligence (AI) and large language models has attracted a growing number of young people to the emerging industry.
Despite a complex and grim international environment, foreign financial institutions continued to briskly increase their investment in China in 2024, eyeing huge dividends brought about by the country's long term stable growth. At the critical moment for promoting high-quality growth, ...
Children waved national flags, their laughter filling the air as they posed for photos in front of the banners marking the 25th anniversary of Macao Special Administrative Region (SAR)'s return to the motherland at the iconic Ruins of St. Paul's. ...
The foreign trade volume of Northwest China's Xinjiang Uygur Autonomous Region hit 403.11 billion yuan ($55.23 billion) from January to November, 2024, an increase of 26 percent year-on-year, the fastest growth rate nationwide for the period, China Media Group (CMG) ...
Over the course of 2024, despite rising uncertainties in the global economy, China has been steadfastly pursuing high-quality development and high-standard opening-up and implemented a series of landmark policies.
Chinese holdings of US Treasury bonds fell to $760.1 billion in October, according to data released by the US Department of the Treasury on Thursday (US time). It marked a fourth consecutive month that China's holdings of US Treasury bonds ...
In response to some media outlets claiming that pepper products sold in US and British supermarkets contain materials produced by "forced labor" in Xinjiang by citing a report from an anti-China scholar, Chinese Foreign Ministry spokesperson Lin Jian said on ...
The National Development and Reform Commission (NDRC), China's top economic planner, has unveiled a comprehensive service platform on Friday aimed at bolstering the private economy, according to a statement on NDRC's website. The move is an implementation of the spirit ...
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The home-made C919 aircraft has carried more than one million passenger trips since it was put into commercial operation on May 28, 2023, Chinese planemaker the Commercial Aircraft Corporation of China (COMAC), said on Thursday.
China's first centrally administered state-owned enterprise (SOE) specializing in data technology was officially established in Shanghai on Thursday. The company, tentatively translated as China Digital Logistics Information Co, is directly supervised by the State-owned Assets Supervision and Administration Commission of ...
CATL's battery swapping ecosystem model, to a certain extent, serves as a prime example of how Chinese companies are not only advancing and expanding the EV sector but also demonstrating resilience and adaptability in the face of external pressures.
Northwest China's Xinjiang Uygur Autonomous Region grabbed the top spot in the country in terms of grain yield per unit area in 2024, marking a new breakthrough in the region's efforts to enhance grain production, the Xinhua News Agency reported. ...
The Chinese yuan moved one position up to the fourth most active currency for global payments by value in November, with a share of 3.89 percent, according to a report from the Society for Worldwide Interbank Financial (SWIFT).
US and some other Western firms' reported request for the US to impose a staggering 920-percent duty on Chinese graphite is reckless, as the move, targeting another globally leading Chinese industry, could potentially inflict huge damage on the US' electric ...
This year is deemed pivotal for high-quality development of China-proposed Belt and Road Initiative (BRI), which has just celebrated its 11th anniversary. What are the major advancements BRI has made despite rising volatility in the world? And what role has ...
A sea-launched version of Ceres I (Remote 4) solid propellent rocket blasted off in East China's Shandong Province at 6:18 pm on Tuesday, sending four satellites into low-Earth orbit (LEO) at an altitude of 850 kilometers.
The draft law on private sector promotion will be submitted for preliminary reading. Key measures, including ensuring fair competition and protecting enterprises' rights and interests, will be codified into legal norms, a national legislation body said on Thursday.
China's public companies listed at its A-share market have significantly increased their dividend payouts in 2024, with 481 companies listed at the Shanghai bourse pledging to pay their share-holders the mid-year dividends to date, which marks a sharp rise ...
China has launched its first hydrogen-powered container ship, capable of carrying 64 standard containers, in Jiaxing, East China's Zhejiang Province, marking a significant step in adopting green shipping solutions, China Media Group reported on Thursday.
China is likely to surpass North America and Europe to become the largest aviation services market in the world by 2043, with its market size almost tripling from $23 billion in 2024 to reach $61 billion in 2043, a forecast ...
China welcomes more foreign friends to come to invest in the country, share China's growth opportunities and development dividends, Chinese Foreign Ministry Spokesperson Lin Jian said on Thursday.
Cooperation between China and the UK is based on mutual interests and aligns with the expectations of the business community, said Chinese Foreign Ministry spokesperson Lin Jian on Thursday in response to a Bloomberg reporter's query about reports that the ...
China opposed the US' overstretching of the concept of national security and the adoption of discriminatory practices against enterprises from specific countries, said Lin Jian, spokesperson from China's Foreign Ministry, on Thursday, noting that China will take resolute measures to ...
China has always advocated solving trade frictions through dialogue and consultation, and has made the best efforts on the consultations of price commitment with the EU regarding the latter's anti-subsidy probe into China-made electric vehicles (EVs), He Yongqian, a spokesperson ...
The China Animal Agriculture Association (CAAA) has prepared related materials and submitted an application to relevant authorities, hoping to use “WTO rules” to help address the beef industry's temporary difficulties amid significant challenges in domestic operations and surging beef ...
The first phase of the 1-million kilowatt photovoltaic project at China General Nuclear Power Group (CGN) clean energy base in northern Laos officially commenced on Wednesday, the Global Times learned from CGN on Thursday.
Economic and trade relations between the Chinese mainland and Macao Special Administrative Region (SAR) are growing stronger, the Ministry of Commerce (MOFCOM) said on Thursday just before the 25th anniversary of Macao's return to the motherland.
China deplores and firmly opposes the EU adding Chinese entities and individuals for the first time on the "fully-fledged listings" in its 15th sanctions package against Russia, the Chinese Commerce Ministry said on Thursday in response to a question regarding ...
China's first independently developed 110-meter elevated rotating piling vessel is delivered in Yangzhong, East China's Jiangsu Province, on December 18, 2024. This marks a significant achievement in the home production of core piling equipment. The vessel boasts a high degree ...
Chinese President Xi Jinping has urged further deepening rural reform and making solid advances toward the goal of building up China's strength in agriculture, the Xinhua News Agency reported on Wednesday.
In November, the national urban unemployment rate for 16- to 24-year-olds, excluding students, stood at 16.1 percent, having fallen for three consecutive months, according to statistics released by the National Bureau of Statistics (NBS) on Wednesday.
Workers assemble new-energy commercial vehicles at an industrial park in Wenzhou, East China's Jiangsu Province, on December 18, 2024. In November, output and sales of China's commercial vehicles hit 327,000 and 315,000, up 12.8 percent and 5.6 percent compared with ...
An intermodal transport center of the New International Land-Sea Trade Corridor officially commenced construction on Wednesday in Fangchenggang, South China's Guangxi Zhuang Autonomous Region, which will further improve the capability of the international logistic artery as well as regional connectivity, ...
A recent study conducted by a research team of the Institute of Silk Road Studies at Beijing Foreign Studies University (BFSU) revealed that foreign travelers in China are experiencing improved mobile payment services.
Canada plans to expand unilateral trade measures on Chinese imports by levying tariffs on a number of Chinese products as early as next year, a report by the Canadian Department of Finance showed. The new restriction comes after Ottawa in ...
The National Computer Network Emergency Response Technical Team/Coordination Center of China (CNCERT) said on Wednesday that it had identified and mitigated two incidents of cyberattacks originating from the US, targeting major Chinese tech companies and institutions to steal commercial secrets.
The US Department of Defense (DoD) removed Chinese firm Advanced Micro-Fabrication Equipment Inc. China (AMEC) from its so-called Chinese Military Company (CMC) list, after the company sued the US DoD over the designation, Bloomberg reported Wednesday.
China and the US share common interests and vast potential for cooperation in the field of digital trade. Making good use of such potential rather than sabotaging it for geopolitical purposes is what is needed for further development of global ...
The UK-China relationship has undoubtedly faced significant challenges in recent years. Diplomatic tensions, evolving global priorities, and domestic political shifts have all contributed to what can be described as a delicate period. However, amidst these challenges, there is a growing ...
In its efforts to build into a strong maritime country, China is solidifying its leading position in global shipping and trade capacity. Initiatives such as the Belt and Road Initiative (BRI), along with the promotion of green shipping, are strengthening ...
China has announced a new plan to further optimize the pilot policies for cross-border integrated foreign and domestic currency cash pooling for multinational corporations in selected areas. The plan aims to boost the country's high-level opening-up and streamline the collection ...
Guangdong Province has taken the lead in China by launching a comprehensive fiscal support package for large-scale equipment upgrading and consumer goods trade-ins, referred to as the “two renewals”, a report by local Nanfang Daily said on Wednesday.
Andrey Belevtsev, Sberbank's head of technological development department speaks about the development of GenAI using the example of the Kandinsky neural network
“Today, Xiao Tao will introduce you to one of the world's most renowned mushrooms, the Qinling matsutake, which has particularly demanding conditions for cultivation,” said Ren Jingtao, as he picked the coveted mushrooms in the high-altitude forests in his hometown, ...
The world's largest compressed-air energy storage power station, the second phase of the Jintan Salt Cavern Compressed Air Energy Storage Project, officially broke ground on Wednesday in Changzhou, East China's Jiangsu Province, marking a key milestone in China's energy storage ...
The "Xin Shanghai," a vessel operated by China COSCO Shipping Corporation Limited, is set to arrive in Shanghai's Yangshan Port on Wednesday afternoon after a 23-day journey from Peru's Chancay Port, marking the first official voyage between the two ports.
Huawei Consumer Business Group (CBG) unveiled its first TWS earbuds under the HUAWEI SOUND brand, the HUAWEI FreeBuds Pro 4, at the HUAWEI Flagship Launch Event on December 12 in Dubai.
Recently, Henan Province experienced a severe cold wave, with local temperatures dropping by over 15 degrees Celsius. In response, the State Grid Henan Electric Power Company initiated the "Yu-Bing" action. The company's control center sent teams to renewable energy stations, ...
Technological pinnacle, LONGi excellence
A worker manufactures photovoltaic panels at a workshop in Suqian, East China's Jiangsu Province on December 17, 2024. In the first three quarters of 2024, China's exports of the “new three” – electric vehicles, lithium batteries and photovoltaic products – ...
China's economic outlook remains highly promising, and its dedication to reform positions it as a global hub for innovation and collaboration, Jack Perry Jr, Chairman of the 48 Group, told the Global Times on Tuesday. He stressed that the group ...
The first batch of direct cargo through Chancay port in Peru has completed customs pre-declaration procedures, and will arrive at Shanghai on Wednesday, China Media Group reported on Tuesday.
A spectator tries out a VR headset at the Second Overseas Chinese Talent Conference for Development in Fuzhou, East China's Fujian Province on December 17, 2024. China is expanding investment in the high-tech sector. From January to November, investment in ...
A number of Chinese artificial intelligence (AI) model start-ups have announced the completion of a new round of financing, a trend that industry observers said shows the fast-track development of the Chinese generative AI industry and the formation of a ...
Sales for train tickets for December 31 started on Tuesday, while passengers can purchase tickets for January 1, 2025 on Wednesday. With the New Year and Spring Festival approaching, Chinese travel platforms have seen rising bookings for the upcoming holidays ...
The major divergence in the development trajectories of the steel industries in the East and West not only mirrors the profound changes in the global economic landscape, but also serves as a vivid testament to China's pursuit of a high-quality ...
Standing at a critical juncture in its mission to meet energy demand and fuel economic growth, Europe needs to accelerate the energy transition and strengthen energy cooperation. While it would be beneficial for the EU to expand cooperation with China, ...
In recent years, there have been numerous buzzwords about Chinese people's consumption. From “over-shop” and “recommend goods” to “guochao” and “neo-Chinese style”, Chinese consumers' needs and preferences are evolving, with previous stereotypes and labels fading away.
Brazilian miner Vale has carried out its first test of the Sohar Max - the 400,000-ton bulk carrier Sohar Max, fitted with five foldable ship-borne rotor sails, according to a Vale China press release sent to the Global Times on ...
Revenue from China's online literature industry in overseas markets reached 4.35 billion yuan ($602 million) in 2023, marking a 7.06-percent year-on-year growth, said a report released at the ongoing Third Shanghai International Web Literature Week.
China welcomes foreign visitors' continued interest in China, to better experience its rich history, natural beauty, advanced technology, and cultural sentiment, Lin Jian, spokesperson from China's Foreign Ministry said on Tuesday, citing four Chinese poems.
The economic vitality of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) has shown sustained growth, highlighted by the establishment of over 6,400 Macao-based enterprises that have established a presence in Hengqin, Zhuhai city, South China's Guangdong Province.
The China-US financial working group held its seventh meeting in Nanjing, East China's Jiangsu Province from Sunday to Monday, during which the two sides had “professional, pragmatic, candid and constructive” discussions on a range of topics including macroeconomic situations and ...
Based on changes in both internal and external circumstances, the Central Economic Work Conference has made it clear that next year China will adhere to the principle of pursuing progress while ensuring stability, promoting stability through progress, and implementing a ...
Following the agreement of the first green power deal between Southwest China's Xizang Autonomous Region and Beijing, Xizang's green power will be supplying the capital city starting on January 1, 2025, China Media Group (CMG) reported on Tuesday.
On December 12, Huawei unveiled the latest generation of their Mate series foldables, the HUAWEI Mate X6 - an all-rounded and advanced smartphone that brings significant upgrades to display, camera, durability, user experience, and more. With this release, HUAWEI Mate ...
Huawei debuted the all-new HUAWEI nova 13 Series during the Dubai HUAWEI Flagship Product Launch on December 12. Pioneering the new Dynamic Plaid Texture Design, multi-focal portrait capabilities, and AI-driven innovations, HUAWEI nova 13 Series ushers in a fresh wave ...
At 9:00 am on December 17, 2024, the "JINDOU" (codenamed "JINDOU400") ramjet engine successfully completed its scheduled test flight. The engine achieved over 400 kilograms of thrust and reached Mach 4 speeds at altitudes exceeding 20 kilometers. Featuring detonation combustion ...
China welcomes foreign friends to add China to their travel bucket list, and experience China's time-honored history by visiting heritage sites such as the Great Wall, feast their eyes on natural wonders such as the glinting West Lake, discover application ...
The China-US economic working group held the 7th meeting on December 12 in Johannesburg, South Africa, during which the two sides had candid, in-depth and constructive communication over macroeconomic situations and policies of the two countries and other topics of ...
Despite short-term fluctuation, a profound transformation within the Chinese economy has the potential to bring vast opportunities for enhanced economic and trade cooperation between China and Australia.
Despite short-term fluctuation, a profound transformation within the Chinese economy has the potential to bring vast opportunities for enhanced economic and trade cooperation between China and Australia.