Private firms continue to play stabilizing role in underpinning employment in China: report

China's private enterprises registered a sound performance in corporate social responsibility in 2023, the Xinhua News Agency reported on Tuesday, citing a report from the ...

Reforms to strengthen Yiwu's cross-border trade and expand global reach unveiled

The National Development and Reform Commission (NDRC), China's top economic planner, on Tuesday released a document aimed at deepening reforms in Yiwu, one of the ...

China's listed semiconductor companies report strong growth

China's semiconductor sector continued its robust growth on Tuesday, following recent positive momentum in the A-share market, with several domestic industry players hitting their daily ...

Foreign automakers ramp up trade-ins and production in China

Several foreign automakers are pushing forward their projects and intensifying their year-end promotional activities in the vast Chinese market, aligning with national trade-in policies and ...

China's NDRC approves new regulation to strengthen planning and management of coal mining areas

China's National Development and Reform Commission (NDRC), the country's top economic planner, on Monday approved a regulation on the planning and management of the nation's ...

2024 Yearender: China moves steadily toward building a financial powerhouse in 2024, boosting support for real economy

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 ...

Xinjiang's foreign trade in Jan-Nov exceeds 400 billion yuan with fastest growth rate nationwide

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 ...

Draft law on private sector promotion to be submitted for first reading

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, ...

Shanghai Stock Exchange reports 184% rise in mid-year dividend payouts by listed companies so far in 2024

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 ...

China remains a coveted place for foreign investors: FM

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 ...

Chinese FM hails UK's reported plans for enhanced trade cooperation with China

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 ...

Exclusive: Chinese industry association urges to use WTO rules to help Chinese cattle farmers amid difficulties

The China Animal Agriculture Association (CAAA) has prepared related materials and submitted an application to relevant authorities, hoping to use “WTO rules” to help ...

Trade between Chinese mainland and Macao SAR increases 4.3 times in 24 years from 1999

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 ...

New western land-sea corridor starts key projects construction in Fangchenggang, S. China's Guangxi

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 ...

Over 90% foreign travelers use enhanced mobile payment services in China travel: report

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 ...

China to further optimize cross-border integrated cash pooling policies for multinational companies

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 ...

Guangdong Province shores up local economy, leveraging a fiscal package of 70 billion yuan in 2024

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 ...

Emphasis on high-quality development positions nation as global leader: 48 Group

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 ...

First batch of direct transport cargo through Peru's Chancay port to arrive in Shanghai

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 ...

Travel bookings for upcoming New Year holidays increasing

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 ...

Lingering EU energy concerns require pragmatic cooperation over protectionism

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 ...

Chinese FM welcomes foreign visitors' continued interest in China, as 'Going to China after work on Friday' becomes new buzzword in foreign social media

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-US Financial Working Group holds 'professional, pragmatic, candid and constructive' talks

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 ...

More proactive approach will unleash positive potential of China's economy

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 ...

China extends visa-free transit stays to 240 hours, adds eligible ports to 60; updated policy garners responses among foreign business communities

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 ...

China-US economic working group holds 'candid, in-depth and constructive' talks

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 ...

First wholly foreign-owned tertiary general hospital gets business license in Tianjin

North China's Tianjin Municipality granted China's first medical institution practice license to a wholly foreign-owned general hospital on Monday, marking a first move since the ...

China's economy maintains rebound momentum in November

In November, China's economy maintained the rebound momentum that began in September thanks to a raft of macroeconomic policies. Multiple indexes point to a number ...

China's new quality productive forces speed up industrial upgrading, transformation

The Central Economic Work Conference, which was held in Beijing from Wednesday to Thursday, set priorities for the economic work in 2025, including the use ...

Boosted by government's proactive monetary and fiscal stimulus, Chinese economy is expected to gain renewed growth impetus in 2025

China has released a number of upward economic data in recent days about its economy, relating to manufacturing, retail sales, transportation and capital market performance, ...

Positive momentum in national economy in Q4 expected to sustain

The performance of a country's foreign trade depends on its economic scale, growth potential and competitiveness, which is unlikely to be significantly affected by external ...

China to accelerate foreign trade growth despite global headwinds

In 2024, China's foreign trade has witnessed a positive trajectory of qualitative improvement and stable expansion. China's total merchandise trade grew by 5.2 year-on-year from ...

Zooming into China's reform and opening-up via two sets of data

Recently, two sets of freshly-released data about "China Cars" underscore the latest achievements of China's reform and opening-up.

Popularity of made-in-China goods shows protectionism would hurt Western shoppers

Consumers are typically most concerned with the price and quality of goods. It should be up to consumers, not protectionist trade policymakers, to decide which ...

China to roll out pragmatic measures attracting foreign investment: CSRC

China's top securities regulator said on Monday that the authority is launching a new round of reform and opening-up of the capital market, as more ...

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 ...

Yiwu-Madrid freight train service marks 10th anniversary, strengthening trade connectivity between China, Europe

On Monday morning, a China-Europe freight train loaded with 110 containers of daily necessities, auto parts, and machinery equipment departed from Yiwu, China's small commodity ...

'Mutual access' enhances Hong Kong's attractive role on global stage: Paul Chan Mo-po

Sunday marked the 10th anniversary of the mutual access mechanism connecting capital markets in the Chinese mainland and the Hong Kong Special Administrative Region (HKSAR). ...

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 ...

China and EU reach 'technical consensus' in recent EV talks: media report

Chinese and European teams have reached "technical consensus" in recent electric vehicles (EVs) talks, after in-depth discussions on the specifics of the price commitment plan ...

President Xi's written speech at APEC CEO Summit boosts confidence of business leaders

Chinese President Xi Jinping's written speech at the APEC CEO Summit in Lima, Peru on Friday, in which he called for jointly promoting a universally ...

China sees economic boost as support policies take effect

China posted improving economic data for October as a series of existing and new support policies took effect. Chinese officials and analysts said that as ...

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 ...

China's property market expectations further improve as home price decline narrows: NBS

China's National Bureau of Statistics (NBS) said on Friday that property market expectations further improved in October, as home price decline in major 70 cities ...

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 ...

Opening-up boosts level of foreign investors' confidence in China

Amid a complex and rapidly changing global economic landscape, the 7th China International Import Expo (CIIE) will kick off in Shanghai on Tuesday, once again ...

Major projects move forward, acting as economic accelerators

During the National Day holidays, workers in key sectors stayed on the front lines, pushing forward China's major infrastructure projects. Their efforts have fueled sustained ...

HK condemns, rejects US NGOs' malicious report smearing academic freedom: SAR government

The Hong Kong Special Administrative Region (HKSAR) government on Wednesday strongly condemned and rejected a report on academic freedom in Hong Kong published by US-based ...

Chinese A-shares continue to rally on Wednesday morning, following 9-percent jump in NASDAQ Golden Dragon China Index

Chinese A-shares and the exchange-traded funds (ETFs) that track them continued to surge on Wednesday morning, buoyed by the financial stimulus announced on Tuesday aimed ...

China rolls out series of policy support to boost its economy

Chinese officials on Tuesday rolled out a slew of major policy measures to support the country's economy, the housing market and the stock market, including ...

Shanghai stocks rally more than 4%, largest one-day gain in 4 years

The Shanghai Composite Stock Index surged by 4.15 percent as of Tuesday closing, marking its largest single-day rise in more than four years, as the ...

India's protectionist stance on Chinese steel to 'backfire'

Chinese experts on Thursday slammed India's plan to impose tariffs on some steel products imported from China, noting the move will backfire and further damage ...

Chinese Embassy responds to concerns over trade imbalance with Thailand

The Chinese Embassy in Thailand on Wednesday addressed concerns regarding the trade imbalance between China and Thailand, emphasizing that the trade relationship is market-driven and ...

Major business conference for Chinese, African companies to unlock new opportunities in investment, trade and industries

Around 1,000 business representatives from China and African countries will come together and share opportunities in investment, trade and industries at the upcoming Eighth Conference ...

China to launch anti-dumping probes into canola seeds and certain chemical products imported from Canada

China's Commerce Ministry announced on Tuesday that it will launch anti-dumping investigations into #canola seeds imported from Canada in line with domestic laws and regulations ...

China takes measures against Canada, after Ottawa imposes hefty tariffs on Chinese EVs, steel and aluminum

China's Ministry of Commerce (MOFCOM) on Tuesday announced decisive measures against Canada, including plans to initiate dispute settlement proceedings at the WTO and launch an ...

China's entry-exit trips surge 30% in July- August, a testament to nation's commitment to opening-up

China facilitated 110 million cross-border passenger trips in July and August, which marks a year-on-year increase of 30.0% and a 13.0% increase from the May-June ...

Beijing Stock Exchange marks 3rd anniversary

Monday marked the third anniversary since the establishment of the Beijing Stock Exchange (BSE) was announced by Chinese President Xi Jinping, the first bourse based ...

African leaders' visits to Chinese localities spotlight pragmatic cooperation

As many leaders from African countries arrived in China for the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC), some visited various Chinese localities ...

China's nonferrous metals options crucial amid global uncertainty

Options for four nonferrous metals - lead, nickel, tin and aluminum oxide - were listed on the Shanghai Futures Exchange on Monday. This development represents ...

China, Saudi Arabia eye enhanced co-op in new energy

As Saudi Arabia's Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef and an economic delegation embarked on a visit to China and Singapore, ...

Chinese industry groups slam Canada's decision to impose additional tariffs on Chinese products

Several leading Chinese industry groups have slammed the Canadian government's politically motivated decision to impose additional hefty tariffs on Chinese steel and aluminum products, as ...

'China Travel' enthusiasm lingers on, with western regions increasingly favored by overseas tourists

“The whole world loves pandas, and no one can resist them. We were deeply moved by the sight of a panda,” Denisa Petrilakova, editor of ...

FOCAC boosts Africa's development, propping up African infrastructure, green energy sector: Egyptian scholar

The 2024 Summit of the Forum on China-Africa Cooperation (FOCAC), to be held in Beijing from Wednesday to Friday, will help accelerate economic development in ...

Summer travel season concludes with record trips, booming tourism

With the sweltering heat of summer gradually fading, the two-month-long summer travel season has come to a triumphant close, marking not just a feast for ...

China Eastern welcomes 500,000th C919 passenger after 15 months of operation

China Eastern Airlines on Sunday welcomed its 500,000th C919 passenger surnamed Lu after 15 months of operation, on a flight from Chengdu, Southwest China's Sichuan ...

China, Africa see greater potential for cooperation in agricultural sector: domestic, foreign experts

Chinese and African experts thought highly of the achievements in bilateral agricultural cooperation and expressed hopes for further exploring this potential, ahead of the 2024 ...

Hong Kong expands transshipment scope, reinforces status as key global trade hub

The customs of the Hong Kong Special Administrative Region (HKSAR) further extended the scope of service of the Free Trade Agreement Transshipment Facilitation Scheme (FTA ...

Consistent research, innovation crucial for nation's continued AI advancement

The recent suspension by American company OpenAI of its application programming interface access to users from China and other areas has caused concerns about the ...

China's strengths, challenges in developing quantum technology

Quantum computing possesses unparalleled computational capability and can tackle problems that are beyond the reach of traditional computers. It is often hailed as the next ...

Xinjiang's first solar thermal power plant highlights China's drive for clean energy

In the middle of the Gobi Desert in Hami, Northwest China's Xinjiang Uygur Autonomous Region, rows of large mirrors sparkle like diamonds under the dazzling ...

China constantly accelerates green, smart shipbuilding

As the Chinese economy faced some challenges in recent years, some Western officials and media pundits have stepped up their smear campaign against China. They ...

US crackdown on China's chip sector proves 'futile' amid nation's growing tech self-reliance

Chinese experts said on Wednesday that the escalating abuse of export controls by the US and its relentless crackdown on China's chip sector reflect its ...

China urges EU to handle trade friction through talks, as potential tariffs on Chinese EVs will be 'catastrophic' for the bloc

Chinese commerce officials have recently held intensive meetings with Chinese enterprises operating in European countries including Spain, Portugal and Greece, calling for China and the ...

Chinese solar firms eye global market despite US tariff barriers

Chinese companies said they will continue to engage in expanding their global presence despite the US decision to reinstate tariffs on solar products from four ...

Latin American and Caribbean countries welcome Chinese investors with open arms: Nicaraguan Ambassador to China

Nicaragua, a Central America country, is benefiting from strengthening economic and trade relations with China. According to statistics from China's General Administration of Customs, the ...

EU urged to end unreasonable probe into Chinese EVs to avoid harming bilateral cooperation

China on Thursday called on the EU to terminate its so-called anti-subsidy investigation into Chinese electric vehicles (EVs) so as to avoid harming overall bilateral ...

China holds consistent attitude on welcoming foreign investment; Unreliable entities list only targets foreign firms jeopardizing China's national security

China will unswervingly promote high-level opening-up, and the Chinese government holds a consistent attitude on welcoming foreign companies to invest and creating a fair and ...

China's market for foreign business improves, offers further potential: British chamber head

China's market for businesses has seen significant improvement and substantial changes over the past 15 years and is generally moving in the right direction, Julian ...

Selfish US move of forcing allies to jointly respond to China's 'overcapacity' set to harm EU's tech development: experts

The US is advancing its moves to contain China's new-energy sector, as US Treasury Secretary Janet Yellen is reportedly pushing G7 countries to jointly respond ...

US fear-mongering campaign over TSMC, ASML set to fail

A fear-mongering campaign by US politicians and media outlets about Netherlands-based chipmaker ASML's ability to “disable” the advanced chipmaking machines of TSMC has laid bare ...

Chinese officials vow to step up support for EV sector, slam 'overcapacity' fallacy

Officials from multiple Chinese ministries on Monday firmly pushed back against claims by some Western officials and media outlets of overcapacity in China's electric vehicle ...

Canada's talk of imposing high tariffs on Chinese EVs is criticized

Chinese industry experts on Sunday slammed a Canadian official's remarks that the North American country is considering high tariffs on Chinese electric vehicles (EVs) following ...

China releases 'ground-shaking' measures for property sector, set to boost real estate industry

China on Friday announced several "ground-shaking" policies for the real estate sector, namely the down payment ratio of home purchases lowered to 15 percent, the ...

Green transition is expensive for US economy, more expensive without China: scholar

The Biden administration reportedly will announce new tariffs as high as 100 percent on Chinese electric vehicles and additional import taxes on other Chinese goods, ...

China's innovation makes green transformation affordable: former Nepali envoy

China's energy-efficient and innovative new-energy products have greatly reduced carbon emissions and made new energy affordable, particularly for marginalized people, Leela Mani Paudyal, a former ...

Smart manufacturing advances production line in Hefei, US 'overcapacity' hype originates from competition anxiety

Global Times reporters recently visited several of Hefei's NEV suppliers, including those from upstream and downstream industries, where local business leaders and experts noted that ...

Global demand for NEVs far exceeds current production capacity, Peruvian FM says, defying 'overcapacity' rhetoric

Peru and China are pursuing green transformation and high-quality development. In this regard, there are many opportunities for enhanced collaboration in the green economy, Peruvian ...

US chip export curbs against Huawei typical act of 'economic coercion,' will backfire on US firms

China's Ministry of Commerce (MOFCOM) said on Wednesday it firmly opposes Washington's abuse of export controls and relentless attacks on certain Chinese firms, after the ...

China's economy off to good start in Q1, up by 5.3%, defying 'Peak China' rhetoric

China's GDP growth rate beat market expectations to reach 5.3 percent year-on-year in the first quarter, kicking off a good start to the year and ...

Debunking the fallacy of 'Chinese economic data less transparent'

Some foreign media outlets and institutions have been criticizing the Chinese economy, accusing it of a "lack of transparency in economic data." This criticism is ...

US hype about China's 'overcapacity' only adds to its own burden: experts

US Treasury Secretary Janet Yellen has once again associated China with alleged "overcapacity" and noted that the US wouldn't take "anything off the table," including ...

Why the economic field has become a prominent battlefield for Western cognitive warfare against China

Recently, in Western public opinion, the "China threat theory" and the "China collapse theory" in the economic field have given rise to new forms of ...

Despite disparaging outside claims, Chinese economy keeps sailing forward

Last week, some international investment banks including Goldman Sachs and Morgan Stanley raised their forecasts for China's economic growth in 2024 to around 5 percent, ...

Western 'overcapacity' rhetoric lacks logic, aimed at stymieing China's development

During her visit to China last week, US Treasury Secretary Janet Yellen expressed concern about China's "overcapacity" in some industrial sectors and its potential impact ...

EU's 'market distortion' claim against China a serious mistake: commerce ministry

The EU's unilateral adoption of so-called "market distortion" criteria to evaluate China's economy is a serious mistake and severely undermines the authority of the WTO ...

West's 'overcapacity' hype aimed at checking growth of China's emerging industries: analysts

Since the beginning of 2024, a number of Western governments and media outlets have been hyping the so-called “overcapacity” of Chinese new-energy production, claiming it ...

China's economy continues improving in high-quality, defying 'peak' hype

Despite the challenges posed by the lackluster global economy and an increasingly complex, severe, and uncertain external environment, China's economy managed to achieve 5.2 percent ...

Hyping comparisons with US, 'China peak' theory leads to wrong conclusions

According to International Monetary Fund (IMF) calculations based on PPP, China's economic aggregate has exceeded that of the US, and over the past two years, ...

Debunking flawed Western narrative – 'China's economy peaks'

Observing the theme of high-quality development in the Chinese economy, one should not only look at the size, but also the quality. Combining growth data ...