Why is China confident of meeting its carbon pledge?
China is making every effort to integrate its pursuit of carbon goals further into its economic development amid Western questions about whether the country will meet its 2030 carbon pledge.…
South Korea’s oyster exports to China nearly triple year-on-year in first 10 months
South Korea's oyster exports to China amounted to $2.7 million (19.55 million yuan) from January to October this year, an increase of nearly three times year-on-year, China Media Group (CMG)…
China greenlights Mastercard JV for bank card clearing operations amid further opening-up
Move sends positive signal on deepening China-US economic, financial cooperation US payment company Mastercard's Chinese joint venture (JV) told the Global Times on Monday that it will offer yuan bank…
Premier Li emphasizes efforts to enhance financial services for economy
China’s benchmark loan rates unchanged as economy remains on recovery trajectory Chinese Premier Li Qiang presided over a meeting of the Central Financial Commission on Monday, which adopted a program…
China International Supply Chain Expo to see 36% foreign exhibitors from Europe, US as companies say no to ‘decoupling’
The first China International Supply Chain Expo (CISCE) will have 26 percent international exhibitors, with 36 percent of that group coming from Europe and the US, event organizer said on…
Gross ocean product increases 5.8% y-o-y from Jan-Sep: Natural Resources Ministry
China's gross ocean product in the first three quarters of 2023 grew by 5.8 percent year-on-year, reaching 7.2 trillion yuan ($1 trillion), showcasing a steady recovery, data from China's Ministry…
China, Saudi Arabia sign 50b yuan 3-year local currency swap agreement
The People's Bank of China (PBC), the central bank, and the Saudi Central Bank have signed a local currency swap agreement. The swap size is 50 billion yuan ($6.98 billion)…
Western games should not diminish Africa cooperation
As a result of Western anxiety about growing China-Africa cooperation, Africa has risen from the "forgotten continent" to become a hot investment for the developed Western countries, with the continent's…
APEC brings Chinese businesspeople stronger confidence in cooperation
The just-ended Asia-Pacific Economic Cooperation (APEC) meetings, where Chinese leaders and industry representatives stressed the importance of openness and inclusiveness in development, brought the Chinese business community stronger confidence in…
SW China’s Chengdu-Yibin HSR enters trial operation, will support urban cluster
A newly built high-speed railway (HSR) with a top speed of 350 kilometers per hour connecting Chengdu and Yibin, two cities in Southwest China's Sichuan Province, finished joint debugging and…