Economy

Apple unveiled its fourth annual Spring Festival short film tailored for the Chinese market on Friday, about two weeks ahead of China’s most important festival. Directed by American-Chinese filmmaker Lulu…

Three airlines - Air China, China Southern Airlines and China Eastern Airlines - have predicted a loss for 2020, and the total loss could reach more than 30 billion yuan…

Some foreign media outlets have been reporting that congestion of cold-chain containers at Chinese ports could impact the global supply chain, but a Global Times investigation into the matter revealed…

Chinese smartphone maker Xiaomi confirmed with the Global Times on Saturday that it has filed a lawsuit against the US defense and treasury departments over an investment ban that forces…

China issued 4.55 trillion yuan (about 703 billion US dollars) in new local government bonds in 2020, data from the Ministry of Finance (MOF) showed. Among the total, the issuance…

China's 31 provincial governments have released their GDP data, showing that 20 provinces have recorded faster GDP growth than the nation as a whole, an indication that the country's local…

Travelers on direct flights to Beijing from Canada will face stricter rules relevant local authorities imposed to control the entry of third-country transit travelers through direct international flights, according to…

Shanghai vows to enhance its position as an international financial center and further promote technological innovation in the next five years amid China’s 14th Five-Year Plan (2021-2025) period. The city,…

Wuhan, the hardest-hit Chinese city by COVID-19, saw its GDP down 4.7% y-o-y in 2020 to 1.56 trillion yuan, among Top 10 cities in China in terms of economy size.…