S.Korea's reported rhetoric on anti-subsidy probe into Chinese EVs a 'gesture declaration'

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 ...

Chinese ministries slam US reported weighing of ban on Chinese router-manufacturer TP-Link

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, ...

Chinese commerce ministry urges EU to take concrete actions to advance consultations to solve EV trade frictions

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 ...

Chinese commerce ministry slams EU's inclusion of Chinese entities and individuals in 'fully-fledged' sanctions; vows 'necessary measures'

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 ...

Canada's expanding tariffs on Chinese imports 'one mistake after another'

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 ...

CNCERT handles two US cyberattacks targeting major Chinese tech firm, institution

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 ...

AMEC removed from Pentagon blacklist through legal approach

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 ...

GT Voice: Prioritizing cooperation over geopolitics key for digital trade

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 ...

China's strengthening marine capacity contributes to global trade, devt

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 ...

GT Voice: Green transition unlocks growth potential for China's steel sector

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 ...

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 energy cooperation. While it would ...

GT Voice: Economic transformation holds potential for China-Aussie trade

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.

Chinese crane manufacturers' advantage helps global ports against protectionism

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.

Nation's economic transformation is gaining sustainable impetus

At present, China's economy has entered a steady path of growth. While this natural growth model may not match the rapid pace of the previous high growth rates, largely driven ...

'Expanding domestic demand on all fronts' drives 2025 GDP growth

The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting in Beijing to analyze and plan the economic work in 2025. The meeting ...

GT Voice: G20's push to eradicate hunger, end poverty requires joint effort

Through a combination of policy guidance, financial assistance and technological collaboration, China actively fosters global agricultural development, making contributions to poverty alleviation.

Groundless 'EV graveyard' hype smears orderly devt of sector in China

At a time when China's NEV industry has just set a new annual production record, old photos are being dug up again, using groundless and misleading reports about "EV graveyards" ...

GT Voice: Lancang-Mekong Visa reflects deepening win-win cooperation

China has deepened cooperation with the other five Lancang-Mekong countries, enhancing trade and investment, improving customs efficiency and promoting people-to-people exchanges. These efforts have made a positive contribution to the ...

Genuine win-win cooperation between China and African countries should not be limited: Zambian Ambassador to China

This year marks the 60th anniversary of diplomatic ties between China and Zambia. During those years, China-Zambia ties have withstood the test of changes in the international landscape, and the ...

Plan 'may stifle' tech innovation in EU

The EU's planned tariff hike on Chinese electric vehicles (EVs) faced a widespread backlash over the weekend. Chinese experts said on Monday that this move won't halt the robust growth ...

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 infamous NGOs, noting that its ...

SK cement import plan shows resilience of Asia-Pacific industrial chain

As certain economies periodically promote the rhetoric of "decoupling" from China - calling for import tariffs on a wide range of Chinese products, from steel to cement - South Korea's ...

GT Voice: Strategic sobriety key to outlook for EV sector's rise in Canada

Some Canadian politicians may not be aware that they are playing a dangerous game, in which the Canadian economy, particularly the country's auto industry, will suffer losses as a result ...

DPP should stop jeopardizing interests of compatriots on both sides of Taiwan Straits: spokesperson

The Democratic Progressive Party (DPP) authorities in the island of Taiwan should take practical actions to stop harming cross-Straits relations and the interests and well-being of people on both sides ...

GT Voice: US-led mineral-security alliance really aims at global monopolies

While the US has rallied its allies to form a so-called mineral-security alliance under the banner of "breaking China's grip on supplies of critical minerals," this initiative does little to ...

GT Voice: Targeting Chinese exports can not help Europe's steel sectors

China's steel exports periodically capture the attention of the Western public. While Chinese steel exports to Europe and the US remain limited, Western narratives often emphasize external factors as the ...

China firmly opposes Dutch expansion of photolithography export controls

China on Sunday voiced its strong dissatisfaction with the Netherlands' expanded export controls on photolithography machines. A spokesperson of the Ministry of Commerce (MOFCOM) slammed the US for pressuring other ...

China and Africa forge stronger bonds under BRI

With the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) being held in Beijing from Wednesday to Friday, unfounded "debt trap" allegations against China-Africa cooperation are circulating once again.

GT Voice: China-Africa cooperation won't be thwarted by Western anxiety

It is not surprising to see some Western media outlets again targeting China's green cooperation with Africa, which actually reveals anxiety over China's growing influence in the global energy transition. ...

GT Voice: India's scrutiny of Chinese investments hurts its interests

India's scrutiny of Chinese investments poses a dilemma for its own development, with political and economic considerations intertwined. It is imperative for India to strike a delicate balance between protecting ...

More benefits could be doled out to incentivize couples to have more babies

Many countries in the world now face a shrinking, and simultaneously aging, population, which, if not promptly reversed or mitigated, could negatively impact the sustainable growth of their economies. A ...

US delay of tariffs on Chinese goods shows growing domestic opposition

The US government's decision to once again postpone the announcement of a final determination for additional tariffs on a wide range of Chinese products, including electric vehicles (EVs), fully reflected ...

BYD's rapid rise is based on many years' innovation, China's supply chain sophistication

Chinese analysts believe that such dissections, which are common practices in the industry, reflect a genuine recognition of China's automotive manufacturing capabilities. While foreign manufacturers can produce similar EVs, they ...

EU members vie for Chinese factories despite EV probes

Even as the European Union (EU) has recently introduced provisional additional tariffs of up to 37.6 percent on Chinese electric vehicles (EVs), some EU member states are competing for Chinese ...

Exclusive: EU's FSR violates multilateralism, erects barriers for Chinese companies, authoritative experts say

As the world closely watches the EU's additional tariff move on Chinese electric vehicles (EVs), another "arrow of trade protectionism" shot by the EU toward China continues to unleash its ...

EU should be aware of consequences if it pursues protectionism: former Polish deputy PM

After the US imposed the unjustified 100 percent import tariffs on Chinese electric vehicles (EVs), the EU followed suit by unilaterally imposing a provisional tariff of up to 38.1 percent ...

Washington's tariff hikes on Chinese new-energy products doomed to isolate itself from the global market: Chinese economist

US President Joe Biden has slapped major tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment. One of the reasons the US gave in the ...

'Overcapacity' narrative won't affect rise of China's new-energy sector

The US-concocted "overcapacity" offensive against China's new-energy industry is simply politicizing economic and trade matters. The baseless "overcapacity" accusation is nothing but a fallacy fabricated by the US. In reality, ...

US suppression of China's green growth based on false proposition

This so-called "overcapacity" rhetoric reflects the increasing anxiety of the US, seeing the rapid development of China's new-energy sector. The narrative is a way to shift blame for their own ...

China's success in EV development lies in innovation, not 'overcapacity'

Recently, US officials have accused Chinese industry of overcapacity, particularly in sectors like electric vehicles (EVs), solar panels, and semiconductors. They argue that China's low-priced products threaten industries in the ...

US efforts to hold back China's new-energy industries futile

The US accuses China of "overcapacity" while putting in place $370 billion in subsidies to the clean energy industry through its Inflation Reduction Act, which is a typical double-standard approach. ...

GT Voice: China-Russia trade has strong resilience, offers huge potential

With long-arm jurisdiction, Washington may try to drive a wedge to disrupt economic cooperation not only between China and Russia, but also between China and other countries and regions. This ...

Reforms implemented by Chinese cities set to revive real estate sector

The Chinese government is now encouraging local cities to take appropriately tailored measures to rejuvenate the real estate sector. It is widely believed that a shorter and smoother transition for ...

Driving a prosperous world: Chinese NEV manufacturers create jobs, improve people's livelihood overseas

As China's new-energy industries rise to global prominence, US officials have started a smear campaign based on false "overcapacity" claims. The rise of China's new-energy industries is due to innovation, ...

Auto insiders emphasize global cooperation as foreign companies eye partnerships in smart, intelligent vehicles

Industry insiders and company representatives at the ongoing Beijing International Automotive Exhibition emphasized the importance of global cooperation in the upcoming age of smart and intelligent vehicles, as more foreign ...

'Debt mountain' hype about China's local debt full of biased and flawed logic

While hyping China's local debt issue, foreign media outlets have been using the term “local debt mountain” to sensationalize risks. However, their reports are full of flawed logic and biased ...

A response to Yellen's accusations of overcapacity, flood of China cheap goods: Market economy rules should not be selectively applied

In an interview with US news outlet MSNBC on March 27, US Treasury Secretary Janet Yellen claimed that China's production overcapacity in the sectors of solar cells, electric vehicles (EV), ...

Migrant workers returning to villages provide momentum for nation's rural revitalization

China has taken extensive efforts to ramp up rural development, helping improving the environment and public services there. The efforts have generated plentiful investment and job opportunities. As a result, ...

Shenzhen exemplifies rapid economic rise on the back of vigorous tech innovation

As a special economic zone and a city blossoming on science and technology, Shenzhen, in South China's Guangdong Province, is not only an economic front-runner, but also a great "mirror" ...

Macroeconomic data show advantage, resilience in China

The macroeconomic data shows advantage and resilience in China's economy. The continuous growth of the Chinese economy has injected strong momentum into the world economy. In the construction of an ...

China enters a new phase of high-quality economic development: Russian scholar

Recently, a good number of publications have emerged quoting Western sources claiming that “Chinese growth is coming to an end,” and they allege that “China is exhausted,” with its labor ...

John Ross: China able to achieve around 5% GDP growth target in 2024

The Chinese government has set a 5-percent economic growth target for 2024. Based on observations and research over the past 30 years related to China's economy, there is no reason ...

Western media's criticism of China's new quality productive forces reveals hypocrisy: Canadian scholar

Observers in China and abroad agree that China has embarked on a new era of structural transformation, or the third phase of national development following the set-up of the PRC ...

China's commitment to innovation shines bright on quality development: Nobel laureate Edmund Phelps

Currently, innovation from the US is much less than it was in the past, and there is almost no innovation coming from Europe. Therefore, China can become a major source ...

Chinese science and technology continue to advance despite increasing global technological nationalism

Chinese science and technology have made rapid progress and significant achievements over past decades. While supporting the high-quality development of the domestic economy and leading the continuous upgrading of industries, ...

China's resilient economy to continue producing positive impact on global recovery

"The engine of global economic growth" and "the main contributor to global economic growth" are terms often mentioned by overseas media and observers when discussing the Chinese economy. In the ...

Chinese foreign trade is resilient in navigating global challenges

In 2023, China's foreign trade remained stable amid a complex and challenging global environment. Contributing positively to the smooth functioning of the macro economy, the structure of China's foreign trade ...

China has ample policy room and advantages to boost economy despite challenges

The Chinese economy has not yet peaked and still has great potential for further growth. The Chinese government has a wide range of tools at its disposal to address various ...

China's economy is not experiencing Japan-style 'balance sheet recession'

Since the outbreak of the COVID-19 pandemic, the pressure on the real estate market and fluctuations in the stock market have caused asset-side shocks, resulting in adjustments to the balance ...

Significant potential remains in China's economic growth and tech advancements

Currently, some observers assert that China's economic growth has peaked, drawing parallels to Japan's situation in the 1990s. This implies that China may face a 30-year stagnation, potentially missing the ...

China always acts as the strong proponent for free trade

As the global economy faces many uncertainties, China's stable foreign trade provides important support for the stability of the world economy. More importantly, in contrast to certain countries' anti-globalization behavior, ...

Efficient financial market to propel new quality productive forces

High-quality development is the first and foremost task of building China into a modern socialist country in all respects, while developing new quality productive forces is an intrinsic requirement and ...

Government Work Report charts path toward building financial powerhouse

China's Government Work Report for the first time stated that the underlying stability of the capital market should be enhanced, which sends a strong signal on China's commitment to building ...

China sets eyes on fostering new quality productive forces to accelerate growth

New technology breakthroughs are reshaping the global economic landscape. It has become a broad public consensus to foster new quality productive forces that will accelerate economic growth in the coming ...

Western doomsayers don't understand governing mechanism, course of Chinese economic development: political advisor

China officially kicked off the two sessions this week, and the highly-anticipated Government Work Report, which contains a cluster of key economic goals, will be delivered. What we most look ...

Two sessions offer good insights into China's development paradigm: Thai scholar

This week, China kicked off the two sessions, one of the most important political gatherings annually. The event offers an important window for the outside world to understand China's development, ...

Misconceptions about China's economic resilience fuel misguided Western pessimism

Editor's Note: While China's economy is undergoing a crucial transformation and upgrade amid the current complex international environment, Western propaganda machines persist in attempting to undermine China's economic progress by ...

China's economic outlook rosy despite 'peak' slander

Foreign watchers' pessimistic views on China's economy stem from ignorance of the logic of China's economic policy formation. As the weighting of China's policy-making has shifted more toward development, the ...

Western economic sanctions only lead to lose-lose outcome

The West has now expanded the sanctions to almost all aspects of its relations with Russia. The most critical areas include energy imports from Russia, manufactured goods and technology imports, ...

'I' m optimistic about Chinese stock market recovery': Rogers

I remain optimistic about Chinese stock market despite recent volatility. I am actively seeking new investment opportunities in China and not moving my money from China to Japan or India: ...

China has capacity to achieve annual growth of 5% or higher in 2024: Yao Yang

Before the outbreak of COVID-19, the Chinese economy had experienced a relatively stable growth rate for many years. However, the virus had a significant impact on the economy. In 2020, ...

Mischief of slandering China's economy will fail, as it should: Sachs

The US government is actively trying to slow the Chinese economy through trade and technology barriers. The US government and the US mainstream media are promoting the view that China's ...

China's 2023 growth contradicts global gloom, critics: US scholar

The 5.2 percent growth figure for China's economy in 2023 is a strong number, given the size of the Chinese economy, its state of development and the weak outlook for ...

GDP target for 2024 could be set at 5% or above: John Ross

China should set an economic growth target of 5 percent or above for 2024, as the global economy is projected to slow this year.

Economy ends year on positive note despite complex, challenging environment

China's economy ended 2023 on a positive note, recording a year-on-year GDP growth of 5.2 percent and surpassing the set target.

GDP growth to reach around 5% in 2024 if potential is fulfilled: research

The research team of the ACCEPT has reaffirmed the potential of China's economic development as being significant and still untapped. This is because the long-term growth potential of China's economy ...

China still growing economy in its youth, with peak far off: Li Daokui

China is still a growing economy and remains in its youth. Some foreign observers believed that China's economy has reached its peak, while others compare China's economic performance with that ...

Elements for nation's high-quality growth continuously accumulating: economist

It is widely estimated that Chinese economy may have expanded by about 5.2 percent in 2023. Its GDP grew by 5.2 percent year-on-year in the first three quarters last year. ...

Nation remains a key engine for world economy despite uncertainties in 2024

Despite considerable difficulties, the global economy in 2023 achieved several important goals, including a moderate growth and containing inflation. Global GDP growth in 2023 largely exceeded initial expectations, and the ...

Chinese economy to keep growing in 2024 despite uncertainties: Rogers

As 2023 draws to a close, the global economy is still struggling to recover amid myriad challenges. How would the global economy fare in 2024, including inflation, energy crisis, and ...

China focuses on policy effectiveness to anchor 2024 development

The annual Central Economic Work Conference, which set the tone for economic policymaking in 2024, pointed out that "the proactive fiscal policy should be moderately strengthened and its quality be ...

Overcoming challenges, China poised for steady growth in 2024

The annual Central Economic Work Conference was held in Beijing from Monday to Tuesday as Chinese leaders decided priorities for the economic work in 2024, the Xinhua News Agency reported. ...

International investors should not be misled by Moody's bungled research on China

Experts say that Moody's change on China's credit outlook still reflects the broad Western perspective, which has a limited understanding of China's comprehensive economic strength. They suggest that international investors ...

APEC economies aspire to expand business with both China and US, do not want new cold war: US scholar

Economic and trade relations are certainly of great importance in the China-US ties. Despite the tensions and frictions in recent years, US-China trade continues to grow in absolute terms. Aggregate ...

China's attractiveness to foreign investment still has bright spots despite global economic headwinds: EY China chairman

The CIIE plays a positive role in promoting the development of foreign trade. It becomes a benchmark event for international trade and boosts confidence of the world economic recovery.

Raimondo visit 'matching expectations,' removing punitive tariffs will help bilateral ties: US scholar

Editor's Note: US Commerce Secretary Gina Raimondo concluded her 4-day visit to China on Wednesday. During meetings with senior Chinese officials, they agreed on steps to ease trade tensions, and ...

To expand domestic demand, what trump cards does China hold?

To expand domestic market demand and promote consumption in the Chinese economy, I think the measure with the most potential power is to stimulate purchases of the two major consumer ...