China plans to systematically address funding shortages facing some major projects in the course of advancing the national rejuvenation, and it will issue ultra-long special treasury bonds starting this year and over each of the next several years, Chinese Premier Li Qiang said in his Government Work Report delivered to the annual session of the […]
The Biden administration moved on Thursday to block Chinese-made electric vehicles from entering the US market, claiming that internet-connected EVs "pose risks to national security" because the vehicles' software systems could send sensitive information of American drivers back to China. Under Biden's direction, the US Commerce Department has commenced a probe into these "security risks," […]
The A-share market experienced a notable rebound on Thursday, with the Shanghai Composite Index (SCI) surpassing the 3,000-point threshold and all three major Chinese indexes ending the month on a positive note and breaking a six-month streak of losses. The rally came as the top securities regulator, the China Securities Regulatory Commission (CSRC), has taken […]
With the continuous improvement of living standards, the public is increasingly pursuing a higher quality of life, leading to continuous upgrades and the steady growth in hairdressing and household care products. According to a forecast by Mintel, by the end of 2027, the shampoo and hair care product market will grow at a compound annual […]
Taiwan Semiconductor Manufacturing Co (TSMC) officially opened Japan's most advanced wafer fab in Kumamoto on Saturday, Taiwan media outlets reported. However, the plant, which has been long anticipated by politicians on the island of Taiwan and in Japan, may find it hard to bring the expected economic benefits to its parent company. Many believe the […]
The US' plan to invest billions in domestic manufacturing of cargo cranes to replace ones made in China due to so-called potential "national security risks" is absurd and unlikely to succeed, experts said. The Wall Street Journal reported on Wednesday that the administration of President Joe Biden plans to invest billions in the domestic manufacturing […]
China is striving to complete negotiations on version 3.0 of the China-ASEAN Free Trade Area (FTA) in 2024 amid a "rich agenda" for FTA negotiations in a bid to further advance high-standard opening-up, Chinese vice minister of commerce Wang Shouwen told a press conference on Friday. China's active engagement in FTA talks reflects China's commitment […]
China-Switzerland cooperation has bright prospects and China's visa-free policy for Switzerland will facilitate bilateral economic ties, said Felix Sutter, president of the Swiss-Chinese Chamber of Commerce (SCCC). China's visa-free policy has been hailed by Swiss business communities. It allows Swiss entrepreneurs and professionals to serve the Chinese economy and clients in China better and faster, […]
Four home-made C919 aircraft from China Eastern Airlines will serve the upcoming Chinese Lunar New Year, as the 40-day travel peak which starts on Friday, China Eastern said on Wednesday. The four planes will fly the routes between Beijing and Shanghai, Shanghai and Chengdu in Southwest China's Sichuan Province. China Eastern welcomed its fourth C919 […]
There has been a lot of discussion about the rise or fall of China-US trade, but less attention has been paid to another important participant in global industry chains - Southeast Asia. A Bloomberg article said Monday that for the first time, China exported more to Southeast Asia in 2023 than to the US. If […]