The US' export control on artificial intelligence (AI) chips to China were "a failure," Nvidia CEO Jensen Huang said on Wednesday, Reuters reported.

Regarding the US guidance warning companies against using advanced Chinese chips, including Huawei's Ascend AI chips, a spokesperson for China's Ministry of Commerce (MOFCOM) stated on Wednesday that the US' action is a typical example of unilateral bullying and protectionism, ...

China has been a top destination for Brazilian soybean exports over the years, taking about 70-80 percent of the country's total exports, with huge potential remaining for future cooperation, Maurício Buffon, president of the Brazilian Soybeans Growers Association (Aprosoja Brasil), ...

As China's first fundamental law specifically focusing on promoting the private economy, the Private Sector Promotion Law took effect on Tuesday, marking a milestone in the history of the development of the private economy in the country.

China's private sector promotion law took effect on Tuesday, marking a milestone in the development of the country's private sector and a landmark event in building a socialist market economy, an official from China's top economic planner said on Tuesday. ...

Shares of Chinese mainland leading battery manufacturer Contemporary Amperex Technology Co (CATL) closed more than 16 percent higher in their Hong Kong trading debut on Tuesday, marking a strong start amid a growing trend of mainland enterprises pursuing dual listings ...

President Xi Jinping has underscored unwavering confidence in boosting high-quality development and enhancing governance efficiency, while urging central China's Henan Province to write a new chapter in advancing Chinese modernization, the Xinhua News Agency reported on Tuesday.

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, was lowered to 3.0 percent on Tuesday, down by 10 basis points, in the central bank's first cut of the rate this year.

China and the UK held a significant meeting on artificial intelligence (AI) in Beijing on Tuesday, a latest move in China-UK sci-tech exchanges. Representatives from both sides agree to maintain close communication and coordination on the global AI governance, according ...

China's BeiDou Navigation Satellite System (BDS) is an outstanding achievement of China's satellite navigation and positioning industries and a technological innovation for the world recognized by the UN, a spokesperson for China's Foreign Ministry said on Tuesday, adding that China's ...

Amid a flurry of global economic uncertainties caused by certain countries' unilateral and protectionist measures, China remains an ideal and fertile ground for foreign investment, Li Chao, a spokesperson for the National Development and Reform Commission (NDRC), China's top economic ...

China's leading battery maker Contemporary Amperex Technology Co (CATL) made another IPO at the Hong Kong Stock Exchange on Tuesday, with its shares opening 12.55 percent higher at HK$296, reflecting the increasing appeal of the company's dual-listing strategy, winning access ...

China's Private Economy Promotion Law took effect on Tuesday, marking a milestone in the development of the country's private sector and a landmark event in building a socialist market economy, said Li Chao, spokesperson for the National Development and Reform ...

In response to an inquiry from the Global Times about media reports that said Nvidia is seeking to build a research and development centre in Shanghai, the company responded on Tuesday in an email that "we are leasing a new ...

For Chen Qiwei, a financial analyst from the southern metropolis of Shenzhen, most of her precious leisure time after long, grueling workdays is spent with her daughter in various Pop Mart stores, a popular toy chain known for fueling the ...

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, was lowered to 3.0 percent on Tuesday, down by 10 basis points, in the central bank's first cut of the rate this year.

Facing intensified external shocks and overlapping internal challenges in April, China's economy withstood these pressures to achieve stable growth, with industrial output growing steadily, employment remaining stable, and new growth drivers continuously emerging. The country's key economic indicators fully demonstrated ...

Students interact with a humanoid robot at a primary school in Ganzhou, East China's Jiangxi Province on May 19, 2025. An industry report shows that China's humanoid robot market is estimated to hit 5.3 billion yuan ($735.141 million) in 2025, ...

The overall development environment for small and medium-sized enterprises (SMEs) in China continued to improve in 2024, with narrowing regional gaps in market conditions and improved market access, according to a report released on Sunday by the China Centre for ...

The US government might hope its tariff policies would bring an influx of investment to the American economy. However, according to a report by Politico on Sunday, some of the people working to lure those investments to US cities and ...

In April, the IMF significantly lowered growth forecasts for regional and global economies, citing a “major negative shock” from new tariffs. To further understand the impact of trade tensions on global and regional growth and how should regional economies respond ...

At a time when the global economic outlook faces multiple uncertainties, the deepening integration between Hong Kong's capital markets and the Chinese mainland's high-tech companies has been increasingly of significant strategic importance. This evolving relationship strengthens Hong Kong's position as ...

Asked to comment on the US Department of Commerce's move to change a relevant wording in its May 12 press release on AI chip export control guidance from "using Huawei Ascend chips anywhere in the world violates US export controls" ...

Chinese commercial space firm Galactic Energy successfully conducted a sea-based launch of its CERES-1 carrier rocket at 3:38 pm (local time) on Monday, completing the first phase of the Tianqi constellation, the country's low-Earth orbit Internet of Things (IoT) satellite ...

Xiaomi CEO Lei Jun announced on Monday that the company will launch its second-generation 3-nanometer mobile chip - Xring O1 - after four years of development and a total research and development (R&D) investment of 13.5 billion yuan ($1.87 billion) ...

Chinese tech giant Huawei on Monday launched its first personal computer (PC) powered by its own operating system, the HarmonyOS, at an event in Chengdu, Southwest China's Sichuan Province, according to a press release from the company. The move marks ...

China's shipping sector has continued its strong stock market performance on Monday, with some major firms' shares hitting the daily limit for five consecutive days, amid surging demand following the recent China-US trade talks in Geneva, highlighting the mutually beneficial ...

In response to media inquiry that whether China, as one of the largest holders of US Treasury bonds, is concerned about the Moody's downgrade of US′ sovereign credit rating as Moody's Ratings announced on May 16 that it had downgraded ...

China's capital market is likely to present more opportunities for global investors to share China's development dividends, in tandem with the high-quality growth of Chinese economy and the unleashing of vitality from reform and opening-up, Li Ming, vice chairman of ...

"While we continue to evaluate our options, the H20 ban ended our Hopper datacenter series line in China — we are not able to change the Hopper design to sell to China. With the ban on H20, our competitors in ...

Although the international environment is still complex and marked by instability, uncertainty and unpredictability, the fundamentals of China's long-term sound economic growth will not change, with concerted efforts on macro policies, the growing momentum of consumption and innovation, said Fu ...

China's employment situation remained stable in April, with the urban surveyed unemployment rate dropping to 5.1 percent from 5.2 percent in March, signaling the job market's resilience against external uncertainties and that China's pro-growth policies are effectively stabilizing enterprises and ...

Chinese economy withstood pressure and maintained growth momentum in April, as the resilience is bolstered by the government's latest package of stimulus policies, with industrial output growing steadily, employment being kept stable, and new growth drivers continuously emerging, official data ...

After Walmart CEO Doug McMillon warned that prices could rise due to tariffs, US President Donald Trump over the weekend criticized Walmart and said the company should "eat the tariffs" rather than raise prices, the Washington Post reported on Saturday. ...

China achieved notable progress in 2024 in developing a more scientific and stable financial regulatory system while advancing high-level opening-up of its financial sector, according to a key policy report released on Sunday. Economists said that structural adjustments in the ...

In a move that underscores the economic value of 5G technology, the world's first 5G-Advanced (5G-A) open-pit mine in Hulunbuir, North China's Inner Mongolia Autonomous Region, has started operating a fleet of 100 unmanned electric mining trucks, according to media ...

With the US continuing to tighten restrictions on chip exports to China, US-based chip giant Nvidia's struggle to adjust exports to one of its key markets has once again come into the spotlight.

Following the two-day economic and trade meeting in Geneva, China and the US announced a landmark joint statement on May 12 to roll back the bulk of tariffs on each other's goods and pause some tariffs for 90 days, and ...

In recent years, the US government has ramped up efforts to suppress China in areas such as technology and trade, continuously narrowing the space for the development of China-US economic relations. This has sparked concerns among many about the possibility ...

Fuzhou in East China's Fujian Province on Sunday announced 10 measures covering import-export trade, market expansion, equal treatment and cultural exchanges to strengthen exchanges between Fuzhou and Matsu, a small island attached to China's Taiwan region but close to the ...

China's homegrown BeiDou Navigation Satellite System (BDS) has made significant strides in terms of application, with the cumulative number of devices such as smartphones, vehicles and specialized equipment with BDS functionality exceeding 2 billion units or sets as of the ...

Nvidia is evaluating how to address the China market after the US government placed limits on sales of its Hopper H20 chip there but will not put out another version from the Hopper series, CEO Jensen Huang said on Saturday, ...

China's Ministry of Commerce (MOFCOM) announced on Sunday that investigative authorities had found evidence of dumping of polyformaldehyde copolymer imported from the US, the EU, Japan and China's Taiwan region.

Chinese internet giant Tencent has vowed to ramp up all-round AI investments and further expand its overseas commitments, a company announcement revealed on Friday at the Tencent Global Digital Ecosystem Summit held in the city of Guangzhou, south China's Guangdong ...

Inside an exhibition hall at the Ningbo-Zhoushan Port, the world's busiest port by cargo throughput, a giant screen pulses with real-time port operations data. A group of visitors could recently be seen watching intently as a digital platform mapped out ...

On the occasion of the 10th anniversary of the official operation of the China-CELAC Forum and the entry of China-Brazil relations into the "next golden 50 years," the Brazilian Trade and Investment Promotion Agency (ApexBrasil), the Brazilian Embassy in China ...

Amid growing global uncertainties, China is actively practicing true multilateralism and upholding free trade, and its cooperation with emerging markets is “extremely healthy,” according to global officials and economists at a high-level finance forum on Saturday.

Yunnan Province, a major supplier of flowers in southwest China, reported robust export of fresh-cut flowers in the first four months of this year, the Kunming Customs data showed Friday.

The ongoing fourth Changsha International Construction Equipment Exhibition (CICEE) has highlighted the industry's push toward greener and smarter solutions, as top global manufacturers roll out cutting-edge electric and intelligent machinery and technologies.

Visitors taste coffee at the Kunshan International Fair for the Coffee Industry 2025 in Kunshan, East China's Jiangsu Province on May 16, 2025. The three-day expo brings together more than 500 exhibitors and brands from 17 major coffee-producing regions to ...

On May 12, a joint statement was issued following the China-US economic and trade talks in Geneva, Switzerland. Both sides promised they will establish a mechanism to continue discussions on bilateral economic and trade relations.

Chinese cruise terminals have witnessed a surge in the number of inbound foreign tourists since the adoption of a visa-free entry policy a year ago, according to state broadcaster CCTV.

A Chinese official has called for APEC members to work together to maintain the stability of the international trade order and practice true multilateralism amid global economic turmoil.

The trade agreement reached between China and the US in Geneva, Switzerland has drawn global attention, which has received positive responses from various sectors.

This year marks the conclusion of China's 14th Five-Year Plan (2021-25) period. The 2025 Government Work Report has underscored the importance of fully meeting the plan's objectives, setting a solid foundation for a strong launch of the 15th Five-Year Plan ...

Chinese electric vehicle (EV) giant BYD said on Friday that it has opened a European center in Hungary, a milestone of China-EU cooperation in the field of new energy against the background of frequent high-level meetings between China and the ...

China's first intelligent oceanographic research vessel, the Tong Ji, has successfully completed its maiden sea trial. The vessel is scheduled to embark on its first scientific expedition in the South China Sea this August, which will last for nearly a ...

When asked to comment on whether China plans to remove or adjust rare earths export controls as US trade representative Jamieson Greer told US media that China has agreed to roll back post-April 2 export control measures including export controls ...

In response to a recent announcement by the US Commerce Department's Bureau of Industry and Security, which claimed that using Huawei's Ascend chips anywhere in the world violates US export controls, Chinese Foreign Ministry spokesperson Lin Jian said on Friday ...

China has achieved positive progress in its negotiations to join the Digital Economy Partnership Agreement (DEPA), reaffirming its commitment to high-standard international economic and trade rules, a Chinese official with the Ministry of Commerce (MOFCOM) said during a ministerial meeting ...

TikTok said the company is reviewing the European Commission (EC)'s preliminary findings and remained committed to meeting obligations under the Digital Services Act (DSA), as the EC on Thursday accused TikTok of breaching EU's digital content rules by claiming that ...

In a smart factory of China's home appliance giant Midea Group, more than 10 robots are busy screwing and welding. But here's the twist: these robots are not simply assembling the company's iconic air conditioners or fridges; instead, they are ...

Kuwait and China's Hong Kong Special Administrative Region (HKSAR) signed an agreement on Tuesday to promote and protect investment, while also discussing ways to enhance cooperation in economic, investment, cultural, and scientific fields.

Anji Ansheng, China's domestically built ocean-going car carrier and the world's largest such carrier in terms of capacity, set sail on its maiden voyage to Europe on Thursday evening, carrying approximately 7,000 China-made vehicles.

China and the US will continue dialogue on each other's economic and trade concerns, following the progress made during the talks in Geneva, Switzerland, with updates on the newly agreed economic and trade consultation mechanism to be released in due ...

China's central bank on Thursday cut the reserve requirement ratio (RRR) for financial institutions by 0.5 percentage points, its first RRR cut of the year. The move is expected to provide about 1 trillion yuan ($138.77 billion) in long-term liquidity ...

The latest projections from the APEC present a concerning outlook. The situation underscores the growing urgency of strengthening multilateral cooperation to tackle various development bottlenecks. And China has been a steadfast supporter of multilateralism.

US President Donald Trump said on Thursday that he told Apple CEO Tim Cook that he doesn't want the US tech giant to build its products in India, while saying that India is one of the countries that impose "the ...

In the first four months of this year, the issuance of panda bonds - yuan-denominated bonds issued by foreign financial institutions in China - reached 62.2 billion yuan ($8.6 billion), according to a report by the Xinhua News Agency on ...

As a Sichuan Airlines flight made its maiden journey from Chengdu to Madrid on April 27, this new route - connecting China's southwestern region to the Iberian Peninsula - became a significant milestone for the Chengdu Eastern New Area, an ...

The vital trans-Pacific trade link between the world's two largest economies regained its pulse after China and the US significantly reduced bilateral tariff levels on Wednesday following a high-level meeting on economic and trade affairs in Geneva over the weekend ...

China is extremely important not only as a consumer market for Brazilian food and minerals, but also as a provider of products and technology, Henry Osvald, president of the Brazilian Association for Industry, Commerce and Innovation in China (BraCham), told ...

Government and industry representatives from China and Chile called for stronger ties, highlighting the great potential and complementarity between the two major trading partners, particularly in areas such as cherry trade, as the two countries mark the 55th anniversary of ...

Several US small business owners with trade ties to China told the Global Times that they welcome the recent agreement between China and the US to remove or suspend hefty tariffs on each other's goods, which some say are "incredibly ...

The Finance Ministry of the United Arab Emirates (UAE) has organised a retreat on Artificial Intelligence (AI), bringing together senior ministry leaders, subject matter experts, and representatives from strategic partners to review the results of the AI maturity assessment and ...

In response to a recent announcement by the US Commerce Department's Bureau of Industry and Security, which claimed that using Huawei's Ascend chips anywhere in the world violates US export controls, Chinese Commerce Ministry spokesperson He Yongqian said on Thursday ...

Responding to a media question about the main points discussed in recent China-US trade exchanges and the key issues for upcoming discussions, Chinese Commerce Ministry spokesperson He Yongqian said on Thursday that from May 10 to 11, Chinese Vice Premier ...

Responding to a media question about details of the China-US economic and trade consultation mechanism and the date for its first meeting, Chinese Commerce Ministry spokesperson He Yongqian said on Thursday that the Chinese side remains open to resolving trade ...

China will offer a visa-free policy to ordinary passport holders from five Latin American and Caribbean (LAC) countries – Brazil, Argentina, Chile, Peru and Uruguay – between June 1, 2025 and May 31, 2026 in order to facilitate people-to-people exchanges, ...

As Chinese consumers develop a growing appetite for high-quality imported goods, Latin American and Caribbean products, from Chilean cherries to Brazilian orange juice and Panamanian coffee, are flowing to China. Backed by China's consumption upgrade and opening-up policies, exports from ...

Seventeen Republican lawmakers urged the US' Commerce Department to prohibit further sales of equipment from Wi-Fi router maker TP-Link Systems Inc and claimed the company's connections to China have led to concerns, the Bloomberg reported on Wednesday. The US lawmakers' ...

Less than 24 hours after China and the US released a joint statement on Monday following their economic and trade meeting in Geneva, shipping companies moved swiftly to reinstate rate hikes. Spot rates for 40-foot containers bound for US West ...

China's central bank cut the reserve requirement ratio (RRR) by 0.5 percentage points for financial institutions on Thursday, marking its first RRR cut of the year. The move is expected to provide about 1 trillion yuan ($138.77 billion) in long-term ...

As China and the US implement a series of tariff modification measures, the Global Times learned from some industry insiders that cargo shipments to the US are rebounding, and the resumption has boosted a surge in Chinese stock prices in ...

As China advances its unilateral visa-free policy and expands international flight routes, the country is experiencing a significant increase in foreign tourist arrivals. This, beyond goods trade, provides us with an interesting perspective to examine China's resilience and potential in ...

The immediate increase in container freight rates is a direct reflection of market expectations regarding the continuity of manufacturing links between the US and China. It also paints a telling picture of the efficiency and flexibility of China's manufacturing sectors.

China's social financing surged by 3.61 trillion yuan ($501.1 billion) year-on-year to 16.34 trillion yuan in the first four months of 2025, official data showed, indicating that the government's pro-growth policies are gaining traction in bolstering the real economy, a ...

Government and business representatives from China and the EU gathered at a cooperation conference in Beijing on Wednesday, as the two key trading partners and major economies celebrate the 50th anniversary of their diplomatic relations this year.

China's Ministry of Commerce (MOFCOM) announced on Wednesday that it has temporarily suspended export controls of dual-use items for 28 US entities starting Wednesday, following the joint statement issued after the China-US economic and trade talks in Geneva.

China and the EU held a two-day financial working group meeting and financial institution roundtable in Brussels on Tuesday and Wednesday, engaging in extensive discussions on issues including market access optimization and pledging to deepen cooperation in key areas, an ...

Following China-US high-level meeting on economic and trade affairs in Geneva over the weekend that achieved substantial progress by significantly reducing bilateral tariff levels, the two countries have moved to make the relevant tariff adjustments on Wednesday. China-US trade flows, ...

A ceremony to mark the groundbreaking of a new cross-border railway between China and Mongolia took place on Wednesday at the Ganqimaodu port in North China's Inner Mongolia Autonomous Region. This railway will be the second cross-border railway between the ...

Global electric car sales exceeded 17 million units in 2024, reaching a share of more than 20 percent of total vehicle sales, while electric vehicle (EV) sales continued to break records globally, particularly in China and other emerging economies, according ...

China's Commerce Ministry announced on Wednesday that it has temporarily suspended Unreliable Entity List measures against 17 US entities starting on Wednesday, following the joint statement issued after the China-US economic and trade talks in Geneva.

What is the outlook for China's economy at a time when the global economic recovery is being hampered? Various parties have given their analyses from different perspectives, and two recent datasets have attracted attention.

China's A-share market staged a strong rally in the afternoon session on Wednesday, with the benchmark Shanghai Composite Index rebounded to close at more than 3,400 points, the highest in nearly two months.

China has vowed to ramp up control of its strategic minerals at the source and strengthen oversight across the entire supply chain to prevent the illegal outflow of strategic minerals, China's Ministry of Commerce (MOFCOM) said on Wednesday.

In response to a question that China and the UK successfully held economic and financial dialogue earlier this year, and the UK also reached trade deals with the US and India, what's China's comment and its expectations on its economic ...

When asked to comment on reports that after the China-US high-level economic and trade meeting in Geneva, China will reduce the tariffs on US goods from 125% to 10% within the initial 90 days, while the US will reduce the ...

On May 9, 2025, a ceremony marking a remarkable collaboration was held in Beijing. Aramco, one of the world's leading integrated energy and chemicals companies, and the Yao Foundation, an organization committed to promoting young people's healthy development, officially announced ...