The restrictions on US technology exports to China are encountering mounting opposition due to the growing financial losses of American companies and the burgeoning independent innovation capabilities of Chinese companies, ultimately ruling out the possibility of the US being able to force allies into alignment on further export...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

The surge in new-energy vehicle (NEV) production is sweeping across China, particularly in the Guangdong-Hong Kong-Macao Greater Bay Area. This city cluster in South China is one of China's most dynamic and open economic regions. "From a steel plate to a completed vehicle rolling off the production line,...more

China's homegrown large twin-engine unmanned transport aircraft completed its maiden flight test on Sunday in Zigong, Southwest China's Sichuan Province, China Media Group reported. This milestone came amid China's ambitious strides in advancing its low-altitude economy, reflecting progress in the rapidly expanding sector, which analysts said is driven...more

While the US has ramped up efforts to discredit Chinese athletes with doping allegations, a media investigation report revealed on Saturday that a deeply entrenched doping industry has taken root in the US over recent decades, from athletes to coaches and agents, and from pharmaceutical companies to government...more

"After the Third Plenary Session of the 20th Communist Party of China Central Committee, we have more confidence in the future development of innovation and industrial upgrading, as the key meeting is undoubtedly a great boost to all private enterprises and entrepreneurs. I believe the environment for the...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...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

As Pan Zhanle miraculously, yet unsurprisingly, surpassed the French swimmer alongside him in the final 50 meters and touched the wall first, China's swim team secured the gold medal in the men's 4x100m medley relay. The achievement upended the US's streak of winning gold in the event for...more

With the athletics competitions of the Paris Olympics in full swing, US sprinting star Erriyon Knighton stands on the brink of a potentially career-defining moment. Knighton, current world record holder for the 200 meters in both the junior and youth categories, was embroiled in a doping scandal after...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