A Chinese company vows to build the world’s first all-high-temperature superconducting tokamak using artificial intelligence technology by the end of this year, as more stakeholders are looking ahead to the development of the nuclear fusion energy, which is believed to be the future ideal "ultimate energy" for humankind....more

As the China-Central Asia Summit scheduled for this week rapidly approaches, global observers are paying growing attention to economic cooperation between China and Central Asian countries - a region where the grand Belt and Road Initiative (BRI) was first proposed which also are the first batch of countries...more

A cross-border cold-chain freight train arrived in Guangzhou, South China's Guangdong Province, on Monday, completing its first heavily-loaded return trip via the China-Laos-Thailand railway. This accomplishment further strengthens the connection between China and Southeast Asian countries, China Media Group reported on Monday. Transporting 414 tons of Thai durian,...more

A number of Chinese economic powerhouses have released their first-quarter GDP data, and they have mapped out measures to accelerate growth and take the lead in driving the nation's overall recovery - a step signaled by the central government last year. Recent economic data showed this mechanism has...more

Editor's Note: A seminar on the situation five years after the US-launched trade war against China and the evolution of China-US relations, organized by the Global Times, was held in Beijing on Saturday. What changes have occurred to trade relations between China and the US? How does the...more

The transformation of capitalism into socialism is to be accomplished through state capitalism. 1. In the last three years or so we have done some work on this, but as we were otherwise occupied, we didn't exert ourselves enough. From now on we should make a bigger effort....more

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 China's focus on high-quality development. Chinese President Xi...more

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

As recession warning signs continue to flash for the global economy, particularly in some advanced economies, Chinese and overseas markets and businesses are turning their eyes to one of China's most important political events scheduled to start later this week, searching for positive signals from the world's second-largest...more

On Monday, the first batch of Chinese outbound group tours after the pandemic departed from major cities across the nation, heading to destinations ranging from Thailand, Singapore to the United Arab Emirates (UAE) - for many, it's a day that ended a three-year anxious waiting. And for the...more

China's Ministry of Finance will further strengthen management of specialized funds targeting the prevention and control of COVID-19, including increasing support for rural areas and medical workers, establishing a "green channel" for medical supply procurement along with other measures, the ministry said in a notice on Monday. Increased...more

As thousands of political, economic and social leaders from around the world gather in the Swiss resort of Davos for the annual conference of the World Economic Forum (WEF), which kicked off in person on Monday for the first time since the COVID-19 pandemic broke out three years...more

China and Argentina have expanded a currency swap deal, which experts said will help the Latin American country hedge against shocks brought about by the US' financial policy tightening while promoting its own industrial development. It is likely that more Latin American countries will increase the use of...more

China will unswervingly deepen economic reform and focus on solving prominent problems faced by private enterprises in order to promote the growth of the private economy, said a leading official with the country's top economic planner, as government agencies express support for the healthy development of the private...more

From populous metropolises to small inland cities, different localities across China are striving to accelerate the pace of resuming work and production against the backdrop of major changes in COVID-19 response under the principle of the “10 new measures.” Local authorities have rolled out policies to reduce enterprises’...more