The People’s Bank of China, the country’s central bank, extended its gold-buying streak to 20 months in June, recording its largest monthly increase in the current accumulation cycle as bullion prices retreated from earlier highs. According to central bank data released on Tuesday, the PBOC added 480,000 ounces to China’s official gold reserves last month…
BEIJING — The World Bank on Tuesday released its latest China Economic Update in Beijing, saying that China’s economic growth has remained resilient despite supply-demand imbalances and global energy supply disruptions. The report noted that China’s economy was supported by strong high-tech investment and exports in early 2026, adding that policy support, high-tech investment and…
The People’s Bank of China will increase the allocation of national foreign exchange reserve assets in Hong Kong while expanding the Bond Connect program as part of a broader package of measures to strengthen the city’s role as an international financial center, PBOC Governor Pan Gongsheng said on Tuesday. Speaking at the Hong Kong FIC…
BEIJING — China has finalized and issued its full list of this year’s key construction projects aimed at implementing major national strategies and building security capacity in key areas, the country’s top economic planner said Monday. The National Development and Reform Commission said the third and final batch of such projects for 2026 was issued…
GUANGZHOU — In a laboratory in Guangzhou, Guangdong province, researchers are using virtual reality systems to better understand how seemingly small adjustments, such as seat heating, can improve passenger comfort while reducing energy consumption. Research data derived from the laboratory at Hong Kong University of Science and Technology (Guangzhou), combined with simulation systems developed in…
Visitors enjoy activities at Shanghai MovePARK in Zhangyuan. [Photo/Shanghai Summer International Consumption Season] The 2026 Shanghai Summer International Consumption Season, which is in its third edition this year, will feature new scenarios and further improve services to attract more inbound travelers, said officials and industry experts attending the event’s launch ceremony on Friday. Yuan Xiaoming,…
Visitors enjoy activities at Shanghai MovePARK in Zhangyuan. [Photo/Shanghai Summer International Consumption Season] The 2026 Shanghai Summer International Consumption Season, which is in its third edition this year, will feature new scenarios and further improve services to attract more inbound travelers, said officials and industry experts attending the event’s launch ceremony on Friday. Yuan Xiaoming,…
“China Opportunity 2.0” does not imply that Beijing will appropriate a bigger share of the global manufacturing pie going forward, but rather it would help the world to bake a larger one as Chinese industrial capabilities become increasingly embedded in global supply chains, multinational executives and industry experts said. They made the comments after the…
Under its theme “Inclusive Intelligence, Borderless Connectivity”, the 2026 Global Digital Economy Conference was held from July 2 to 5 at China National Convention Center in Beijing. It brought together policymakers, tech leaders and innovators from around the world to showcase just how artificial intelligence is transforming industries and everyday life. From AI-powered manufacturing that…
A press conference for the 2026 World Internet Conference (WIC) Digital Silk Road Development Forum was held in Beijing on July 6, unveiling the forum’s overall arrangements, latest preparations and key highlights. Ren Xianliang, secretary-general of the WIC, Sun Daguang, head of the Publicity Department of the Communist Party of China Shaanxi Provincial Committee, and…