As global energy markets grow increasingly volatile, China is looking deeper underground to insulate its economic engine. The ability to unlock massive, ultra-deep subterranean reserves is no longer just an engineering triumph, but has become a vital geopolitical shield, allowing the world’s second-largest economy to steadily replace vulnerable foreign gas imports with a homegrown “ballast…
Earlier this week, Chinese Foreign Ministry announced that China and the United States have agreed to launch an intergovernmental dialogue on AI. In an exclusive interview with China Perspective, Zhu Min, former deputy managing director of the International Monetary Fund, noted that there is no doubt that China and the US are the world’s two…
China supports its enterprises’ deeper integration into global innovation networks and broader participation in mutually beneficial international cooperation, the country’s top economic regulator said on Friday, stressing that China has never required domestic technology companies to reject foreign investment. Li Chao, a spokeswoman for the National Development and Reform Commission, made the remarks at a…
Brembo and NBHX have inked deals to build a joint venture that localizes its brake-by-wire platform Sensify in China. [Photo provided to chinadaily.com.cn] Italian braking technology company Brembo is deepening its push into China’s fast-evolving intelligent vehicle sector through a new partnership with Ningbo Huaxiang Electronic Co aimed at localizing its next-generation brake-by-wire platform, Sensify.…
A staff member (right) promotes Wonderful Pistachios at an event in Daly City, California, on Feb 7. ALEXANDER TAMARGO/GETTY IMAGES Driven by rising demand for healthy snacks among Chinese consumers, nut growers in California, the United States, are expected to export 111,000 metric tons of pistachios to China in the 2026 crop year (Sept 1,…
People learn about Russian handicrafts during a cultural exchange event in Manzhouli, Inner Mongolia autonomous region, on Dec 20. LIAN ZHEN/XINHUA From Manzhouli Port in North China’s Inner Mongolia autonomous region to Russia’s Zabaykalsky Krai and Irkutsk Oblast, bustling cross-border trains and a steady two-way flow of tourists highlight thriving industrial cooperation in grain processing,…
Youssef Rouissi, deputy CEO of Attijariwafa bank, speaks at the China-Africa Financial Bridges Forum 2026 in Beijing on Wednesday. CHINA DAILY The China-Africa corridor is emerging as one of the world’s most important economic partnerships as cooperation shifts beyond traditional resource trade toward industrial development, green investment and deeper supply-chain integration, business and financial leaders…
Chinese wireless communications module maker Quectel Wireless Solutions sued the US Department of Defense recently after Washington placed the company on a blacklist of firms allegedly linked to China’s military. “Quectel has always operated with integrity, transparency and full compliance with the laws and regulations of every jurisdiction in which we do business,” the company…
Every year, more than 1.5 million Russians cross the border into China, a country they see as full of opportunities. More than 50,000 Russians have already settled across the nation. From the chilly province of Heilongjiang to the tropical island of Hainan, from the bustling metropolis of Shanghai to the historic capital of Beijing, an…
China’s tax authorities have deepened the rectification of the so-called invoicing economy to curb irregular investment attraction while ensuring the normal invoicing needs of compliant enterprises. From January to April, the invoiced amount in six industries with a high concentration of enterprises involved in irregular investment attraction — including the comprehensive utilization of waste resources;…