China's consumer price index (CPI), a main gauge of inflation, rose slightly in February due to a high base last year and sufficient market supply after the Spring Festival holidays in January.

The Chicago Mercantile Exchange (CME) Group said that it will launch options on its existing US dollar/yuan futures on April 3, which experts said reflects the growing global influence of Chinese yuan.

Editor's Note: This year marks the 10th anniversary of the China-proposed Belt and Road Initiative (BRI), a global cooperation platform that demonstrates China's vision and provides solutions to the reform of the global governance system and multifaceted challenges. Against this ...

In March, the foot of the Mount Fanjing turns green, while the peak standing 2,572 meters above sea level is still snowcapped. The dove tree, an internationally recognized "living fossil," just begins its florescence... This region, with its area of ...

A deputy to the 14th National People's Congress (NPC) proposed the government draft guidelines on building domestic industrial chains that serve foreign trade and investment, deepening the combination of Chinese industrial advantages together with the global market players to better ...

China has applied self-developed intelligent recognition technology for identifying pests in six provinces, providing accurate information for farmers to take up follow-up actions, one expert told the Global Times.

Australia has joined other countries and scrapped the requirement for travelers coming from the Chinese mainland, Hong Kong and Macao to test for coronavirus before departure starting from Saturday local time, according to a statement published on the country's health ...

"The 'Award for Infrastructure' goes to Guizhou Pingtang Bridge project," said the host at the award ceremony for the Outstanding Structure Award 2022 held by the International Association for Bridge and Structural Engineering (IABSE). At this moment, Yang Jian, Chief ...

China's CPI increased 1% y-o-y in Feb, despite being down 0.5% compared with Jan: National Bureau of Statistics

China has moved to overhaul its financial regulatory regime with a slew of institutional reforms launched on Tuesday, in what experts said was a sweeping push to improve supervision efficiency and prevent financial risks and loopholes against the backdrop of ...

Deputies and members at the ongoing two sessions hailed China's move to form a national data bureau, and said that the move is “a response to the requirements of the digital China strategy” and will improve China's data security.

From jewelry to bouquets, both online platforms and offline shops are witnessing a significant increase in market demand from Chinese consumers in celebration of International Women's Day on Wednesday, which is representative of a surge in domestic consumption amid the ...

In response to media reports that US Commerce Secretary Gina Raimondo is considering a trip to China this year, China's Ministry of Commerce (MOFCOM) said on Wednesday it has not received any proposals yet, but is open to the visit, ...

Editor's Note: In the face of great external uncertainty caused by continued geopolitical conflicts and political interference in normal economic and trade cooperation, China has set its economic growth target at 5 percent this year. The modest target mirrors China's ...

Since the start of 2023, foreign institutions have collectively raised their expectations for China's economic growth this year.

Zhang Huichen, a cherry farmer in her 30s in Zhanggezhuang Township, East China's Shandong Province, is adjusting the temperature and humidity of a cherry greenhouse through her smartphone on Monday. With a press in the button, the aster cloth slowly ...

The Shanghai Gold Exchange (SGE) said on Wednesday that media reports claiming that “Perth Mint sold diluted gold bullion to SGE” deviates from the truth, said a statement from its official WeChat account.

Official authorized e-sports merchandise for the 19th Asian Games, to be held in Hangzhou, East China's Zhejiang Province, in September 2023, has exploded in popularity among Chinese consumers, especially among e-sports lovers.

China National Offshore Oil Cooperation (CNOOC) announced on Wednesday that the last two component modules among a total of 35 contracted modules for Canada LNG (liquified natural gas) project were delivered in Qingdao, East China's Shandong Province.

China on Tuesday unveiled a sweeping reform plan for a slew of state institutions, with a focus on restructuring the Ministry of Science and Technology (MST) and establishing a national financial regulatory administration, underscoring the country's intensifying efforts to bolster ...

President Xi Jinping's unswerving support and encouraging words for the country's private businesses have reverberated through the vast private sector, with many firms and entrepreneurs on Tuesday vowing to strive for sound development in line with the country's goal for ...

The State Administration for Market Regulation (SAMR), China's top market regulator, is currently promoting revision of the Anti-Unfair Competition Law, following the amendment of the Anti-Monopoly Law last year, aiming to create a fair and impartial market environment, Luo Wen, ...

With the escalating US containment targeting China, the "decoupling" trend in trade between the two countries may be inevitable, but it is still upsetting to really see a substantial decline in bilateral trade, exacerbating negative sentiment over bilateral relations and ...

With the Holi festival approaching, some Indian media outlets have once again hyped up the issue of China-India competition, and now the focus has shifted toward "water guns." Originally published by TNN, an article was forwarded by the Times of ...

China's Minister of Housing and Urban-Rural Development Ni Hong said on Tuesday that he has full confidence in the recovery of the nation's housing market, given a fast rise in transactions.

China on Tuesday said it will form a national data bureau, a move that experts said is a timely way to accelerate the nation's modernization in the new digital era. It's expected to facilitate regulations on cross-border data transfers in ...

China's foreign exchange reserves slightly decreased in February on a monthly basis to $3.1332 trillion, which analysts said the figure remained within a safe range and that China's current foreign exchange reserves are large enough to cover international payments.

China and Australia trade amounted to 259.7 billion yuan ($37.47 billion) in January and February, with both imports and exports achieving double-digit growth year-on-year, data from China's General Administration of Customs shows on Tuesday, amid the improved bilateral relations and ...

Leishan county is located in the mountains of Qiandongnan Miao and Dong Autonomous Prefecture, Southwest China's Guizhou Province. The county has well-preserved traditional dwellings of Miao ethnic group and staggered terraces. Nowadays, relying on the emerging technologies including the internet, ...

Delegates from Guangdong, Hong Kong and Macao said they were inspired by the remarks made by Premier Li Keqiang regarding the development of Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in his Government Work Report delivered to the NPC, vowing to ...

China has broken up foreign monopolies of high- performance semiconductor temperature controllers, according to Sun Dongming, a research fellow with the Chinese Academy of Sciences who is also a deputy to the 14th National People's Congress (NPC).

China's foreign trade goes off to a steady start in the first two months of 2023, with better-than-expected exports and improved trade quality, easing market concerns over the export outlook of the world's second-largest economy this year.

Two-way trade between China and the US reached 703 billion yuan ($101.2 billion) in the first two months this year, down 10.6 percent year-on-year, official data showed on Tuesday.

Technology decoupling will result in a lose-lose and all-lose situation, Chinese Foreign Minister Qin Gang said at a press conference on the sidelines of the ongoing Two Sessions on Tuesday.

"Which currency should China and Russia use in bilateral trade? Whichever currency that is safe, efficient and credible," Chinese Foreign Minister Qin Gang said at a press conference on the sidelines of the ongoing Two Sessions on Tuesday when asked ...

The reform of the registration-based initial public offering (IPO) system will go hand in hand with stricter market monitoring and supervision, and the "entrance to the stock market" will be closely scrutinized, NPC deputies and CPPCC members said at the ...

China's Ministry of Natural Resources (MNR) announced on Monday plans to phase in a standard map system serving the application of self-driving vehicles by 2025, a move to develop China's fast-developing smart vehicles and related industries in real scenarios.

The Belt and Road Initiative (BRI) is pragmatic and open, and China should be the last one to be blamed for debt problems in BRI countries, Chinese Foreign Minister Qin Gang stressed on Tuesday at a press conference of the ...

The Japanese government eased cross-border travel restrictions for people entering from the Chinese mainland from March 1. Testing will be changed to random testing, and passengers from Macao and Hong Kong will no longer need a nucleic acid negative certificate.

China's top forex regulator, the State Administration of Foreign Exchange (SAFE), said that it has noticed claims made by US billionaire investor Mark Mobius that he cannot get his money out of the country. But SAFE said there has been ...

Freight ships sail on the Yangtze River's Rugao section in East China's Jiangsu Province on March 6, 2023. The Yangtze River has seen a recovery of water transportation as spring comes, with ships carrying production materials for factories and agricultural ...

Semiconductors, among many cutting-edge technologies, have been a hot topic during China's ongoing two sessions, where industry representatives and national political advisors have called for doubling down on key tech breakthroughs so as to improve the nation's self-sufficiency and tackle ...

Chinese officials said on Monday the country's goal to achieve a GDP growth target of around 5 percent in 2023 conforms to the long-term trend of economic development and the focus on tackling risks and improving quality and efficiency, underscoring ...

Some US officials' claims that China-made cranes operating at US ports possibly play a role as "spying tools", as reported by some foreign media, are totally "groundless", Chinese officials and experts said on Monday.

From Legoland to Shanghai Disney Resort, international theme parks are accelerating their moves into China, eyeing the consumption potential of the world's second-biggest market for theme parks, in another sign that the country is reviving after the pandemic.

It seems that India-Australia relations are now in a sweet spot, which hopefully will become a facilitator rather than a barrier to inter-Asia trade, and can help Australia further integrate itself into Asian industrial chains.

Foreign companies in China said that remarks that China will accelerate efforts to attract foreign investment, made in the Government Work Report at the ongoing two sessions, have strengthened their confidence in China.

The Biden administration is nearing completion of new investment restrictions on Chinese tech. Such a politicized move will translate into a huge disadvantage for the US, at a time when China is poised to further open up its market.

Shares of companies involved in 6G, solar energy, shipyards, and instruments and gauges rose on Monday on Chinese stock markets, in response to the Government Work Report which put an emphasis on pooling resources to achieve breakthroughs in core technologies ...

China's fiscal policy in 2023 will focus on expanding consumption, promoting technological advancement and enhancing food security, efforts to boost the country's economic recovery, read the report on the central and local government draft budgets for 2023 submitted to the ...

China's digital currency has further expanded its application scenarios, with the digital yuan app being linked to the broadly-used WeChat Pay.

Soaring orders for jeans rather than high-end business clothes from Western countries mirror woes in their economies. As lingering geopolitical conflicts continue to cast a pall on their economies, the myth of Western modernization has been shattered.

China's 6G-related shares edged up on Monday after a senior official pledged to accelerate research and development (R&D) of the next-generation mobile internet technology.

The US restriction and suppression cannot stop China's development and only serves to strengthen its determination and ability to be more self-reliant and technologically innovative, a spokesperson with China's Ministry of Foreign Affairs said on Monday, in responding to the ...

There remains serious challenge in the global supply chain for China's textile industry, which is facing a nefarious crackdown from the US government and its allies, and at the same time growing market competition from Southeast Asian economies. Now it ...

China's food and energy security, important components of the country's national security, are sufficiently ensured despite growing global uncertainties and hidden factors, senior government officials said on Monday.

An official from the National Development and Reform Commission (NDRC), China's top economic planner, said that the larger economic gap between China and the US was largely due to higher US inflation, which swells its nominal GDP volume.

The Biden administration is reportedly weighing plans to restrict US investment in China's high-tech sector, which may be one of the least effective ways to contain the sector's growth. Chinese developers face no shortage of capital and the nation remains ...

China has set its annual GDP growth target at around 5 percent for 2023, as the country embarked on a rapid economic recovery after a decisive victory against COVID-19, while putting emphasis on ensuring economic stability and high-quality growth, sustainable ...

Graduates check out recruitment information at an agricultural job fair at Nanjing Agricultural University in Nanjing, East China's Jiangsu Province, on March 5, 2023. More than 230 agriculture-related companies from all over the country offered more than 10,000 jobs at ...

Farmers across China are ramping up for spring plowing with the preparation for fertilizers and other materials in place, while trying to expand planting area in order to shore up the country's food security.

China has set a goal to create about 12 million new urban jobs this year, up from last year's target of 11 million, and keep the urban surveyed unemployment rate at about 5.5 percent, with a focus on youth employment, ...

The West often comes up with new fancy terms for their obsession with trying to replace China's supply chains. Altasia is the latest example. But talks about replacing China are political rhetoric from arrogant Western forces who think they can ...

Japan's “Lost Decade” of recession in 1990s is the result of its asset bubbles meltdown, exacerbated by the Plaza Accord. To draw an analogy between China and Japan is seriously flawed.

Chinese Minister of Science and Technology Wang Zhigang said on Sunday that China has done a lot of planning and research in areas related to artificial intelligence (AI) chatbots, but there may still be a lot of work to be ...

Amid Chinese travelers' rising desire for outbound tours, travel agencies have ramped up efforts to provide more targeted products to cope with a continuous boom in market demand, as multiple countries and regions have recently relaxed entry restrictions for Chinese ...

China's strength and self-reliance in science and technology and modernization of the industrial system are among the country's priorities in 2023, as showed in the Government Work Report published on Sunday. Policies will focus on core technology breakthroughs and the ...

China's new-energy vehicle (NEV) sector, securing the world's top ranking in terms of output and sales for eighth consecutive year in 2022, has been put under the media spotlight in the world, which will continue to be a strong driving ...

Turnover tax rate for civil transportation could be cut, and the tariffs on imported aircraft and aviation materials be removed as the industry is still facing huge losses, said Wang Junjin, a member of the 14th National Committee of the ...

Chinese genetics giant BGI Group told the Global Times on Sunday that it “disagrees with” a latest US move to slap export restrictions on some of its units and will keep active communications with relevant parties to ensure a fair ...

China's leadership has vowed to unswervingly consolidate and develop the public sector and unswervingly encouraging, supporting, and guiding the development of the non-public sector in China.

China projects its 2023 grain output at 650 million tons, basically the same level with 2022, which will be the ninth year that grain output benchmark will be met since 2015.

China is developing medium-high orbit quantum satellite, Pan Jianwei, an academician of Chinese Academy of Sciences said on Saturday.

China's deficit-to-GDP ratio is set at 3 percent for 2023, according to the Government Work Report submitted by the State Council on Sunday to the national legislature for deliberation, as China puts emphasis on expanding domestic demand as one of ...

China is set to accelerate efforts to attract and utilize more foreign investment, Chinese Premier Li Keqiang said in his Government Work Report delivered on Sunday, on behalf of the State Council to the opening meeting of the first session ...

China aims to expand its economy by around 5 percent in 2023, according to a government work report submitted Sunday to the national legislature for deliberation.

The China-Belarus Industrial Park is a landmark cooperation project under the framework of the Belt and Road Initiative (BRI). The park has suffered impacts including the COVID-19 pandemic, but it has withstood the challenges, and attracted more investment, mirroring a ...

China has never attached any political conditions, nor has it sought any political self-interest, the country is willing to continue to promote the high-quality joint construction of the Belt and Road Initiative (BRI) for further development, Wang Chao, a spokesperson ...

The private sector will embrace new opportunities, and the stage for private enterprises will get bigger as the country's economy is expected to pick up in 2023, a spokesperson for the first session of the 14th National Committee of the ...

While the US government continues to push its crackdown measures on China's chip industry and offered "bait" to companies that are willing to estrange themselves from the mainland market, industry giants can't be persuaded to walk away from the world's ...

The foreign ministers of QUAD countries met on Friday and reaffirmed the grouping's commitment for a “free and open Indo-Pacific,” releasing an 18-point joint statement that analysts viewed as lousy clichés with a confrontational mentality, as it singled out Russia ...

With the improvement of the epidemic situation and the adjustment of the epidemic prevention and control policies, transactions have increased in China's real estate market recently. China will continue to promote the sector's smooth transition to a new development pattern, ...

Chinese officials are backing the passage of a financial stability law that will provide supervision mechanisms for all kinds of financial activities so as to protect the interests of retail and smaller investors, and those who are insured, Yi Gang, ...

Chinese officials are backing the passage of a financial stability law which will provide supervision mechanisms for all kinds of financial activities so as to protect the interests of the retail and smaller investors, and those who are insured, ...

As China is shrugging off the impact brought by the epidemic after the country has changed its COVID response in light of the evolving situation, China's official GDP growth target, which is closely watched as a window to show the ...

China's services activity continues to maintain a rapid rebound in February, with the index for services activity hitting a new high since September 2022, as the country's economic recovery accelerates, boosting the domestic consumption, according to a private survey on ...

Global mining firm BHP has signed contracts with Shandong ports, which account for roughly one fourth of China's annual iron ore throughput, on settling the spot trade of iron ore yuan this year, the Global Times learned. As such, all ...

The land port Burang in Southwest China's Xizang (Tibet) Autonomous Region has restored the imports of goods from Nepal since March 1, meaning the two-way trade between China and Nepal has been fully resumed, said Xizang border management authority.

Chinese Vice Premier Liu He has investigated integrated circuit (IC) companies and chaired a symposium with them on Thursday, emphasizing the importance of mobilizing nationwide resources in the industry's development, and vowing to provide "real national treatment" to foreign experts ...

A senior executive of Volkswagen (VW) visiting the SAIC Volkswagen joint venture plant in Xinjiang and stating that there is no evidence of human rights violations or forced labor, despite pressure, has sent a clear signal that the European Union's ...

The number of Chinese netizens reached 1.06 billion as of December of 2022, an increase of 35.49 million from the same period of 2021, with the internet availability rate reaching 75.6 percent, according to the 51st China Statistical Report on ...

The mutually beneficial economic and trade cooperation between China and the EU will inject more confidence and hope for global prosperity and stability, Chinese Foreign Ministry spokesperson Mao Ning said on Thursday.

Shenzhen in South China's Guangdong Province on Thursday released trial data exchange management regulations at the city level, in what experts called a pioneering move to standardize the data exchange mechanism, create a sound market environment and fuel China's digital ...

China and the US need to create a stable and predictable economic and trade environment, to enhance the confidence of enterprises in both countries, Commerce Minister Wang Shouwen told a press conference in Beijing on Thursday.

Some US importers are demanding refunds for Trump-era tariffs imposed on Chinese goods, the South China Morning Post reported on Tuesday. The businesses have argued that the US government illegally ignored public opinion before imposing additional tariffs on Chinese goods ...

Bank of China said it will continue to expand the coverage of cross-border yuan settlement services, and that it aims to provide no less than 30 trillion yuan ($4.34 trillion) of settlement for domestic and foreign market entities throughout 2023.

The US House Foreign Affairs Committee voted on Wednesday to advance a bill that would grant President Joe Biden the authority to ban Chinese-owned short-video platform TikTok. Some people said it would be the most far-reaching set of US restriction ...

While Western narrative theory claimed that foreign investment is inclined to shun China due to geopolitical risks, it cannot defy the fact that such golden investment opportunities presented by China's economic recovery are scarce in today's bearish global economic environment.

The US Trade Representative's (USTR) office on Wednesday said it will continue to extend targeted tariff exclusions for Chinese imports and conduct review process on the tariffs, another sign that the illegal US tariffs on China have failed and are ...

A deal for Myanmar's first wind power project with the participation of a Chinese energy infrastructure company was signed on Wednesday, a major step in bilateral new-energy cooperation, the Chinese Embassy in Myanmar said in a statement released on Thursday.