The US government, under the guise of "reciprocity," has announced tariff hikes on all its trade partners, including China, provoking widespread outrage in the international community. The Chinese government's position on opposing the US abuse of tariffs emphasizes that the US has used tariffs as a tool for...more

Days after the US President Donald Trump announced sweeping "reciprocal" tariffs, the policy has witnessed more differences among US political circles while the country also saw protests erupt in dozens of cities against a series of controversial policies taken by the US administration amid public's serious concerns over...more

In response to the US abuse of tariffs against all its trading partners, including China, under various pretexts, the Chinese government released its position on opposing US abuse of tariffs. The statement clearly said that "pressure and threats are not the right way to deal with China" and...more

Rapid and dynamic changes have shaped the contemporary global landscape, many of which revolve around China's increasingly prominent role. As the world's second-largest economy and a leader in technological innovation, China attracts attention and sparks debates about its image and influence on the international stage. A recently published...more

The data released by China's National Bureau of Statistics (NBS) on January 17 shows that the country's gross domestic product (GDP) in 2024 reached a record 134.9084 trillion yuan (about $18.77 trillion), which was 5 percent higher than the previous year. The main goals and tasks of economic...more

According to data released by the General Administration of Customs of China on January 13, the total value of China's import and export of goods trade in 2024 was 43.85 trillion yuan ($5.98 trillion), a year-on-year increase of 5 percent, the scale of which hit a record high....more

With this year's Mid-Autumn Festival drawing near, China's tourism market is gearing up for another surge in travel and consumption activity, building on the strong momentum from a just-concluded bustling summer travel season, industry insiders and experts said over the weekend. They predicted that this year's Mid-Autumn Festival...more

Chinese companies have made marked progress in designing and producing high-performance, energy-efficient chips, as part of the nation's ongoing efforts to bolster its semiconductor sector, industry experts told the Global Times recently. Although there has been a noticeable rise in the use of home-made chips by Chinese businesses,...more

On Sunday, China's National Development and Reform Commission and the Ministry of Commerce released the Special Administrative Measures (Negative List) for Foreign Investment Access (2024 Edition). The total number of items on the negative list, or restricted sectors for foreign investment, has been reduced from 31 to 29,...more

"Why China Is Starting a New Trade War" - The Wall Street Journal (WSJ) recently published a subpar article with this sensational headline. It starts from stating that China hopes to restore economic vitality through increased investment in manufacturing, suggesting that this will squeeze businesses around the world...more

China will further promote regional economic integration and accelerate negotiations on version 3.0 of the China-ASEAN free trade agreement (FTA), Chinese Ministry of Commerce spokesperson He Yadong was quoted by the Securities Daily as saying on Saturday. This sends a positive signal that Asian supply chain restructuring is...more

Investing in China is investing in the future, Chinese Vice Commerce Minister Ling Ji said on Monday, noting that China will continuously improve its business environment, promote high-quality opening-up and expand cooperation for win-win outcomes so that the world can share the Chinese market and China's development dividends....more

A lightning bolt came from the US Bureau of Labor Statistics, which announced on August 21 that the total amount of new jobs created in the 12-month period from March 2023 had been overreported. The bureau stated that an estimated 818,000 announced new jobs in fact had not...more

The US may be on the brink of cutting interest rates, but the bigger challenges facing the US economy are only just beginning. The high-tech industry in the US has not fully shown its positive impact on the manufacturing sector, thereby constraining the overall growth potential of the...more

The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Friday to review policies and measures to open up a new vista in the large-scale development of the western region. Xi Jinping, general secretary of the CPC Central Committee, chaired the meeting....more