File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] As the country approaches the 15th Five-Year Plan period (2026-30), top policymakers are sharpening their focus on steady and prudent macroeconomic management, with the central bank’s latest messaging underscoring that China would avoid both aggressive easing and disruptive policy reversals…
The State Grid Zhoushan Power Supply Company carries out the first integrated air-surface-underwater inspection of intertidal submarine cables in Gouqi waters, Shengsi, Zhejiang province. [Photo provided to chinadaily.com] The State Grid Zhoushan Power Supply Company recently conducted its first integrated air-surface-underwater inspection of intertidal submarine cables in Zhejiang, a mission that deployed a self-developed twin-hulled…
The pilot program to upgrade the functions of the free trade account system in the China (Shanghai) Pilot Free Trade Zone officially took effect on Friday, marking a new step forward in the liberalization and facilitation of cross-border trade and investment. The People’s Bank of China Shanghai Head Office started implementing the interim measures for…
Global Developer Pioneers Summit 2025, which will include the world’s first embodied intelligence skills contest referring to the criteria adopted at the WorldSkills Competition, will be held in Shanghai from Dec 12 to 14. Held for 47 editions so far, the WorldSkills Competition is a biennial event aiming to promote premier vocational skills and cutting-edge…
BEIJING — Investment from the central government budget toward the work-for-relief programs has totaled 35.5 billion yuan (about $5 billion) in 2025, with these programs expected to create more than 1.1 million jobs for the low-income population, according to the National Development and Reform Commission (NDRC). The NDRC, China’s top economic planner, said these programs…
In 2024, the total number of passengers travelling by air in the EU was 1.1 billion, an increase of 8.3% compared with 2023 (973 million). Data show that in 2024, all EU countries registered an increase in the number of passengers carried by air compared with 2023. Hungary (+19.2%), Czechia (+18.9%) and Estonia (+17.8%) reported…
The State Grid Shanghai Electric Power Co, together with China Telecom, ran a successful technical test of rapidly transferring multi-task computing power across provinces between Shanghai and Fujian province on December 3. The trial achieved China’s first automated, high-precision transfer of large-scale computing power clusters across provincial boundaries. It verified the feasibility of a fully…
Three Chinese companies have obtained general export licenses for rare-earth–related items from the government, according to Shanghai Securities News. The companies — JL MAG Rare-Earth Co, Beijing Zhong Ke San Huan Hi-Tech Co, and Yunsheng Group — have been authorized to export such items under the government’s regulatory framework, according to the report on Friday.…
Reconciling China Customs data with EU trade statistics is difficult because the EU does not use a specific import code for spherical graphite, whereas China does. Two years have now passed since China imposed export controls on graphite.Two years ago, China put export controls on several graphite products, including spherical graphite, a key ingredient in…
BEIJING – Trade between China and France rose 4.1 percent year-on-year to $68.8 billion from January to October, the Ministry of Commerce said on Thursday. Two-way investment increased steadily and exceeded $27 billion, ministry spokesperson He Yadong told a press briefing. The Seventh Meeting of the China-France Business Council was held in Beijing on Thursday…