Recently, the State Council unveiled a set of regulations on rare-earth management. The regulations clearly stipulate that rare-earth resources belong to the state, and no organization or individual may occupy or destroy rare-earth resources. The state implements protective mining of rare-earth resources. As with previous adjustments in China's...more

One of the prime tools of the US economic strategy these days is foreign trade tariffs. The country that used to be a resolute champion of free trade is now very persistent in protecting its domestic markets from foreign competition. The explicitly protectionist approach to international trade goes...more

China's agricultural cooperation with Central Asia, which is considered to be a core region of the Shanghai Cooperation Organisation (SCO), has been moving forward steadily with greater breadth and depth in recent years, according to Chinese agricultural experts and representatives from the SCO agriculture cooperation base. They listed...more

The Chief Executive of the Hong Kong Monetary Authority (HKMA), Eddie Yue, recently highlighted progress in financial cooperation between the Hong Kong Special Administrative Region and the Chinese mainland, emphasizing closer collaboration between the two markets as Hong Kong launched a series of activities to mark the 27th...more

In the middle of the Gobi Desert in Hami, Northwest China's Xinjiang Uygur Autonomous Region, rows of large mirrors sparkle like diamonds under the dazzling sunlight, resembling a scene from a sci-fi film. But these mirrors are not for viewing. They are installed to turn the sunlight into...more

China's cultural and tourism market is booming in April, with crowds of tourists going outskirts to appreciate blooming flowers and participate in outdoor activities like camping and city walks, while the supply of fresh tea and vegetables is also stimulating consumption. Analysts said on Monday that the sound...more

Foreign investors' confidence in China is on the rise. The country improved its ranking as an attractive destination to invest over the next three years, jumping to the third place from the seventh in 2023, and continuing to lead emerging markets, according to a report released by Kearney...more

Editor's Note: Brand Finance, the internationally renowned brand valuation agency based in London, recently released the "Global Soft Power Index 2024," which shows that the US and the UK have maintained their positions as the top two most influential countries in global soft power. It is noteworthy that...more

Northwest China's Xinjiang Uygur Autonomous Region secured top spot in exports to the five Central Asian countries in 2023, reaching a record-breaking 246.57 billion yuan ($34.3 billion). The result marked substantial year-on-year growth of 23.2 percent. Xinjiang's total imports and exports with the five Central Asian countries reached...more

China's economic growth rate is expected to reach around 5 percent in 2024, reversing a continuous trend of decline in GDP growth seen since 2009, Li Daokui, director of Tsinghua University's Academic Center for Chinese Economic Practice and Thinking, told the Global Times on Saturday. "Two highlights for...more

China's economy overcame numerous internal and external challenges last year, achieving 5.2 percent expansion and surpassing the target set at the beginning of the year. In the face of tests such as weak external demand, it wasn't easy for the Chinese economy to reach this level of recovery...more

The world economic recovery is expected to remain slow and imbalanced in 2024, with China to continue to lead global growth, a report showed on Saturday. Analysts said China's GDP growth is expected to reach about 5 percent this year, calling for stepped-up fiscal policy to further tap...more

As the new year of 2024 has begun, Chinese people are hopeful of a more substantive rise in family incomes than in 2023. But uncertainties will continue to engulf the world, including hot conflicts, cold economic wars, blockades of important waterways like the Red Sea, and possibly, another...more

Editor's Note: This year's Christmas season has proven to be a bustling time for Christmas vendors in Yiwu, East China’s Zhejiang Province. With the resumption of international travel, Yiwu International Trade Market has attracted a larger number of retailers and a more diverse customer base. Some merchants saw...more

Chinese President Xi Jinping's six-day inspection tour of Shanghai has further elevated the major Chinese economic powerhouse's exemplary role in leading the country toward high-quality development, as he stressed expediting building Shanghai into a modern socialist international metropolis, local officials, businesses and experts said on Monday. During the...more