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A-share mkt poised for stability

China’s A-share market is at a critical turning point as recovering economic fundamentals and fresh capital inflows drive a shift from zero-sum game toward incremental allocation, with a more resilient and stable capital market ecosystem taking shape, according to participants at a CITIC Securities forum. China has set its 2026 GDP growth target at 4.5…

Pilot programs aim to expand hydrogen power

Hyundai’s new Nexo hydrogen vehicle garners attention at the World IT Show 2025 in Seoul, South Korea, in April 2025. CHRIS JUNG/GETTY IMAGES China has launched a pilot program to accelerate the development and large-scale application of green hydrogen energy, aiming to drive technological innovation and establish hydrogen power as a new growth driver for…

OpenClaw sparks hot debate over promise and peril at GTC

Nvidia CEO Jensen Huang gives the keynote address at the company’s annual GTC developers conference in San Jose, California, on March 16. JOSH EDELSON / AFP The rise of OpenClaw, the open-source autonomous AI agent that has taken the tech world by storm, was a hot topic at Nvidia’s annual conference this week, with industry…

German firms bank on western China

Representatives of Chinese and German enterprises exchange ideas during a German CEO delegation’s visit to Chongqing earlier this week. HE PENGLEI / CHINA NEWS SERVICE More German companies are looking for business opportunities in western China, as a delegation of business leaders from the European nation visited Southwest China’s Chongqing on Wednesday to deepen their…

Nation unveils draft financial law

China released a draft of its first fundamental law governing the financial sector on Friday, offering a top-level legal framework for the entire sector and marking a key step toward building a financial powerhouse. The draft financial law, jointly issued by the Ministry of Justice, the People’s Bank of China and other top financial regulators,…

Global CEOs offer insights on Beijing as business hub

A series of dialogues between CEOs of multinational corporations and senior officials of Beijing took place on Friday, setting the stage for a new model of future cities. During the event, Beijing Mayor Yin Yong said: “Over the past five years, the number of foreign-invested enterprises in Beijing has increased by more than 9,000, and…

China’s cruise sector moves into new phase

China’s cruise sector has entered a new phase in developing a complete industrial chain, with the successful undocking of its second domestically made large cruise ship alongside agreements reached for building two more vessels, officials said. A ceremony was held on Friday at the shipbuilder, China State Shipbuilding Corp Shanghai Waigaoqiao Shipbuilding Co, to celebrate…

China’s cruise sector moves into new phase

China’s cruise sector has entered a new phase in developing a complete industrial chain, with the successful undocking of its second domestically made large cruise ship alongside agreements reached for building two more vessels, officials said. A ceremony was held on Friday at the shipbuilder, China State Shipbuilding Corp Shanghai Waigaoqiao Shipbuilding Co, to celebrate…

Various sectors see surge in foreign investment, data shows

A total of 8,631 new foreign-invested enterprises were established in China in the first two months of 2026, up 14 percent year-on-year, according to data released by the Ministry of Commerce on Friday. During the same period, foreign direct investment (FDI) in the country totaled 161.45 billion yuan ($23.44 billion), down 5.7 percent from a…

Xinjiang’s foreign trade surges 36 percent to 71.2 billion yuan to start the year

The total import and export value of Northwest China’s Xinjiang Uygur autonomous region reached 71.2 billion yuan ($10.3 billion) in the first two months of this year, marking a year-on-year growth of 36 percent, which is 17.7 percentage points higher than the national growth rate, according to Urumqi Customs District. Imports and exports at Urumqi,…