China and the European Union should work together to manage trade differences through civilized dialogue and rule-based agreements, rather than resorting to protectionist measures, said Olivier Blanchard, a renowned French economist and former chief economist of the International Monetary Fund. “If we do nothing and Europe imposes tariffs (on Chinese exports), this will reduce trade…
Consumers shop at a supermarket in Huaian, East China’s Jiangsu province, Nov 6, 2025. [Photo/VCG] China’s consumer prices returned to growth after falling for two consecutive months, while the decline in factory-gate prices continued to narrow in October, official data showed on Sunday. China’s consumer price index, the main gauge of inflation, rose by 0.2…
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A media worker participates in digital sporting events with virtual reality equipment at the media center of the 15th National Games in Guangzhou, Guangdong province, on Wednesday. CHEN JIMIN/CHINA NEWS SERVICE BEIJING — China is seeking to drive high-quality economic development by exploring further application scenarios for new technologies and products, with the aim of…
China’s goods trade maintained steady growth in the first 10 months of the year, with the total value of imports and exports reaching 37.31 trillion yuan ($5.24 trillion), up 3.6 percent year-on-year, demonstrating strong resilience amid external headwinds, the General Administration of Customs said on Friday. From January to October, exports reached 22.12 trillion yuan,…
A view of a digital factory’s automated workshop at an enterprise in Chongqing. WANG QUANCHAO/XINHUA China’s sharpened focus on cultivating strategic emerging industries during the 15th Five-Year Plan (2026-30) period will give fresh vitality to nurturing new quality productive forces and help the country better navigate external uncertainties while maintaining its edge amid global competition,…
Models of characters from the Black Myth: Wukong and Black Myth: Zhong Kui games draw crowds at the World Internet Science and Technology Museum in Wuzhen, Zhejiang province on Friday. [Photo by Zheng Chenxiao/chinadaily.com.cn] Wuzhen’s World Internet Science and Technology Museum, the world’s first large scale museum dedicated to the internet, reopened Friday following a comprehensive renovation. With more…
China’s foreign exchange reserves increased for the third consecutive month in October to a new decade high, while the country’s official gold reserves rose for the 12th consecutive month, according to official data. The country’s foreign exchange reserves increased to $3.3433 trillion as of the end of October, up 0.14 percent or $4.7 billion from…
China’s latest US dollar sovereign bond issuance drew overwhelming global demand, underscoring investors’ confidence in the country’s economic restructuring and high-quality growth trajectory, financial experts said. The strong reception also reflects Beijing’s continued push to deepen its engagement with international capital markets through Hong Kong. The Ministry of Finance raised $4 billion through a dual-tranche…
China’s goods trade maintained steady growth in the first 10 months of 2025, with total imports and exports reaching 37.31 trillion yuan ($5.24 trillion), up 3.6 percent year-on-year, data from the General Administration of Customs showed on Friday. From January to October, exports reached 22.12 trillion yuan, up 6.2 percent year-on-year, while imports totaled 15.19…