By Wang Cong and Chen Qingrui August 08, 2024
New data from South Korea show that China was again the top destination for South Korean exports in the first seven months of 2024, thanks to rising shipments of semiconductors, which showed the limitations of the relentless US chip ban against China, experts said on Sunday. While the...More
Recently, the US deployed the Typhon Mid-range Capability (MRC) missile system in the Philippines, and announced its decision to deploy land-based intermediate-range missile in Europe. This marks a substantial step forward taken by the US on deployment of land-based intermediate-range missiles since its withdrawal from the Intermediate-Range Nuclear...More
China is ramping up efforts to promote free trade cooperation by accelerating talks and upgrades of free trade agreements (FTAs) and enhancing the development of its free trade zones (FTZs), the Ministry of Commerce (MOFCOM) said at a press conference on Friday. The acceleration of free trade cooperation...More
In the early morning of Sunday, Beijing time, in the women's singles final of the Paris Olympic Games, 21-year-old Zheng Qinwen defeated her opponent, making history in Chinese tennis and winning the first gold medal for a Chinese and even Asian athlete in the Olympic Tennis event. Previously...More
Chinese enterprises, industry associations and localities are moving to boost the low-altitude economy through a wide range of measures amid the sector's rapid expansion. As the low-altitude economy integrates a wide range of industries and application scenarios, observers noted that the emerging industry will play a vital role...More
The ominous clouds looming over the US economy are growing darker, resulting in a significant drop in the stock market on Friday. Is there a storm on the horizon? US hiring slowed to 114,000 jobs in July, the US government said on Friday, missing expectations. The unemployment rate...More
Editor's Note: As the Chinese economy has faced challenges in recent years, some Western officials and media pundits have stepped up their smear campaign against China. They cherry-pick information and distort facts to hype their narratives such as "Peak China," but they always turn a blind eye to...More
Following a significant finding by Chinese researchers that for the first time in human history hydrated mineral containing molecular water was found in lunar soil, Chinese netizens started heated discussions over the possibility of growing a variety of vegetables, fruits and flowers on the moon, with the hope...More
The US is once again feeling anxious about supercomputers, a strategic emerging industry. The Wall Street Journal recently published an article stating that China is getting "secretive" about its supercomputers. According to the article, Chinese scientists have become more secretive and have stopped participating in the TOP500 forum,...More
Chinese technology companies are showcasing their cutting-edge artificial intelligence (AI) products to the world at the Paris Olympic Games, a move that has gained wide recognition, the Global Times learned from companies on Sunday. The participation of Chinese companies highlighted their capability to shine at the world's top...More
"Beijing Central Axis: A Building Ensemble Exhibiting the Ideal Order of the Chinese Capital" was listed as a World Heritage Site at the 46th session of the UNESCO World Heritage Committee held in New Delhi, India on Saturday, becoming China's 59th entry on that list. The Beijing Central...More
US Treasury Secretary Janet Yellen on Thursday said she would press China to address the country's macroeconomic model that has led to "overcapacity," claiming that it poses a "threat" to the viability of firms and workers globally, making her the latest American politician calling for a hardline stance...More
The Chinese yuan has maintained a high ranking on a currency internationalization gauge last year, with an annual average of 6.27 points, up 22.9 percent year-over-year, news report shows. The 2024 Annual Report of Renminbi Internationalization, developed by Chinese Renmin University's International Monetary Institute, was released on Saturday....More
After around seven years of preparation, China's Badain Jaran Desert - Towers of Sand and Lakes has finally been included on UNESCO's World Heritage List. Another addition to the list is the Mi-gratory Bird Sanctuaries along the coast of the Yellow Sea - Bohai Gulf (Phase II), which...More
Editor's Note: With NATO's continuous expansion, it is evolving from a regional security alliance into a global organization. The alliance, which celebrated its 75th anniversary with a summit in Washington recently, has played a major role in exacerbating the Russia-Ukraine crisis. As the crisis has been in its...More