Ahead of the annual Double 12 shopping festival and a number of holidays, various Chinese cities have taken proactive measures, including issuing coupons, to boost consumer spending, aiming for a rapid consumption recovery after China optimized its anti-COVID-19 measures. Suzhou in East China's Jiangsu Province kicked off the...more

Chinese assets staged a powerful rally on Monday, with the flagship Shanghai Composite Index regaining the 3,200 level last seen in mid-September, and the yuan strengthening past the psychologically important level of 7 per US dollar. The strong comeback, buoyed by a supportive monetary policy and a flurry...more

Some prominent Chinese economists have predicted that China will further step monetary policy support for the economy, after a series of recent government support measures to shore up the world's second-largest economy to ensure growth in a reasonable range. The discussion of easier monetary policy comes as the...more

Chinese financial sector officials and analysts on Monday warned of global financial security risks posed by rising geopolitical tensions and the US-led aggressive monetary policies, urging various measures to identify and tackle risks. Amid growing global financial turmoil, tackling financial security risks became a hot topic at the...more

China's vibrant financial sector, a solid underpinning of the economic prowess and a crucial part of the country's reform and opening-up, is set to anchor the world's second-largest economy toward higher-quality growth and amplify its role as a stabilizer of the global markets amid varied uncertainties, senior officials...more

The FIFA World Cup Qatar 2022 is scheduled to kick off in Qatar on Sunday. Although the Chinese national football team won't be playing, Chinese manufacturing looks set to shine on the stage of the global football extravaganza. China-made products ranging from...more

Chinese companies have so far signed contracts worth at least $69 billion with global energy giants to buy products related to the energy sector, ranging from oil to rubber, at the 5th China International Import Expo (CIIE) in Shanghai, according to information obtained by the Global Times and...more

As the scheduled visit by German Chancellor Olaf Scholz to China on November 4 approaches, the German business community continues to voice support for enhancing economic ties with China despite noises urging the German government to show a firmer stance on China over topics concerning values, including human...more

China's economy picked up in an all-around way in the third quarter, with its GDP surging by an above-expected rate of 3.9 percent, data from the National Bureau of Statistics (NBS) showed on Monday, as the world's second largest economy is on track for a steady rebound under...more

The world's largest coal chemical project under construction successfully kicked off a demonstration project in Yulin, Northwest China's Shaanxi Province, with polyester grade ethylene glycol products rolling off production lines. The project is expected to lower the country's imports of related products and improve the quality of high-end...more

Editor's Note: The 20th National Congress of the Communist Party of China (CPC) opened on October 16, after China had accomplished its first centenary goal of building a moderately prosperous society in all respects by 2021. During the opening session, Xi Jinping, for the first time, outlined the...more

Editor's Note: Since the 18th CPC National Congress when China entered a new era of socialism with Chinese characteristics, the CPC had committed to a people-centered development philosophy, and made it the immutable aim of all its work to deliver a better life for the people over the...more

Amid fears of an indefinite cutoff of Russian gas flows through the Nord Stream 1 pipeline, the EU will have to ramp up imports of liquefied natural gas (LNG) from alternative supplies in the run-up to the coming winter, making the US conspicuously the biggest winner in the...more

The State Council, China's cabinet, has assigned task forces to some major economic provinces to oversee local implementation of wide-ranging policies to stabilize the economy, as the country is tuning up regional economic powerhouses to fuel growth momentum through a flurry of targeted measures. As the working groups,...more

The first container ship on the first-ever China-Scotland direct sea shipping route has embarked on its journey back to China, carrying a long list of Scottish products back to the Chinese market, underscoring the initial success of the new shipping line in boosting trade between China and Scotland...more