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

Editor's Note: Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, Chinese president, and chairman of the Central Military Commission, stressed that the environment concerns the well-being of people in all countries. During his many inspections, Xi has always emphasized the importance of ecosystems,...more

Chinese semiconductor company Advanced Micro-Fabrication Equipment Inc. China (AMEC) announced on Friday that it has formally filed a lawsuit with a US court, suing the US Department of Defense (DOD) for its decision to include the company on the list of so-called "Chinese military companies" (CMC). AMEC asked...more

While the US policy of reshoring manufacturing has made progress, prioritizing the promotion of the US manufacturing industry completely over economic efficiency will inevitably pose challenges and uncertainties to the sustainability of its return. A Financial Times investigation revealed on Monday that $84 billion of the US manufacturing...more

Editor's Note: The year 2024 ushers in the second golden decade of the joint building of the Belt and Road Initiative (BRI) after the initiative has already yielded many fruitful results worldwide. Looking forward to the new stage of high-quality Belt and Road cooperation over the coming 10 years,...more

While aiming to expedite the reshoring of chip manufacturing, the US subsidy policy has actually exacerbated bubbles in the chip industry, causing turmoil in global financial markets. The US Commerce Department said on Tuesday that it plans to award SK Hynix up to $450 million in grants and...more

While economic indicators and recent turmoil in financial markets may not technically constitute clear signs of a recession, risks in the US economy and its financial markets are building up. These risk factors pose a threat to its own financial stability and that of the world from multiple...more

China's foreign trade in goods expanded by 6.2 percent year-on-year to reach 24.83 trillion yuan ($3.46 trillion) in the first seven months of this year, hitting a new record in trade volume, customs data showed on Wednesday, buoyed by the country's manufacturing strength, rising overseas demand, as well...more

Through the Belt and Road Initiative (BRI), China has demonstrated a willingness to share its development dividends by actively engaging in practical cooperation and investing in Southeast Asia's infrastructure construction. This policy has provided tangible development opportunities for Southeast Asian countries and laid a solid foundation for long-term...more

A reported US proposal to ban Chinese software in autonomous and connected vehicles in the coming weeks would only harm the sector's global development, Chinese observers said on Monday. They urged the US to seek win-win cooperation with China rather than bearing the potential development losses by suppressing...more

The Chinese economy maintained stable expansion in the first half of 2024, with more than half provincial-level regions across the country showing a stepped-up recovery trajectory over the period - which was fueled by robust industrial growth, new drives from the creation of new quality productive forces and...more

The Third Plenum of the 20th the Communist Party of China (CPC) Central Committee, convened in July, said that the government will take multiple measures to support the job market. Analysts said that China has a solid foundation to ramp up employment as the ongoing economic upgrade and...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

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