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Agreement on global AI organization signed

Foreign Minister Wang Yi speaks with United Nations Secretary-General Antonio Guterres after the signing ceremony for the agreement on the World Artificial Intelligence Cooperation Organization in Shanghai on Thursday. FENG YONGBIN / CHINA DAILY A signing ceremony for an agreement on the establishment of the World Artificial Intelligence Cooperation Organization was held in Shanghai on…

Helium export policy will be flexible as conditions evolve, ministry says

China will adjust its helium export management policy as needed in response to changes in domestic and international supply and demand, the Ministry of Commerce said on Thursday. The remarks came after Beijing imposed a temporary ban on helium exports last Friday, a measure jointly announced by the ministry and the General Administration of Customs.…

China, Netherlands to resolve business disputes through consultations

China and the Netherlands have agreed to facilitate the resolution of business disputes through consultation to ensure secure and stable global semiconductor supply chains, the Ministry of Commerce said on Thursday. He Yadong, a spokesman for the ministry, made the remarks at a news conference in Beijing in response to a media query about progress…

Stimulating shopping key priority

Consumers check out at a supermarket in Yangzhou, East China’s Jiangsu province, July 9, 2026. [Photo/Xinhua] China on Monday released its first five-year plan dedicated exclusively to expanding consumption, marking a significant upgrade in the top-level design for buoying domestic consumption. With consumption having grown into the primary engine of China’s economic growth, the plan…

PBOC sees stable RMB amid 2-way fluctuations

A senior Chinese central bank official said on Wednesday that the renminbi exchange rate is expected to continue fluctuating in both directions, as a range of factors will exert both upward and downward pressure on the currency. Geopolitical tensions and uncertainties over monetary policy in major economies remain the key external factors influencing the renminbi,…

New growth drivers mark China’s economic resilience

China’s economy expanded 4.7 percent year-on-year in the first half of 2026, demonstrating resilience as advanced manufacturing, robust exports and emerging growth drivers helped cushion mounting external uncertainties, official data showed on Wednesday. New growth drivers accounted for more than two-fifths of economic growth during the period, highlighting the Chinese economy’s continued transition toward innovation-led…

BRI trade network gains momentum

The China-proposed Belt and Road Initiative is demonstrating robust vitality as its westward cooperation with Central Asia deepens and its southward New International Land-Sea Trade Corridor sees surging freight volumes, creating a highly integrated trade network, experts said. The westward momentum is anchored by the ongoing implementation of an action plan for high-quality Belt and…

China’s per capita disposable income up 5.2% in H1

People shop at the Haikou International Duty Free Shopping Complex during the Dragon Boat Festival holiday in Haikou, South China’s Hainan province, June 20, 2026. [Photo/Xinhua] BEIJING – China’s per capita disposable income went up 5.2 percent year-on-year in nominal terms in the first half of 2026 (H1), data from the National Bureau of Statistics…

Researcher highlights opportunities, challenges for China’s economy

Vehicles loaded onto containers at Yantai Port in Shandong province on July 15. [Photo/Xinhua] China’s economy showed resilience in the first half of the year, as new growth drivers gathered momentum alongside policy support and a recovery in domestic demand, although relatively weak domestic consumption and an uncertain external environment remain key challenges, a senior researcher…