Beijing, China – October 16, 2024 – China’s Ministry of Finance is set to roll out a comprehensive package of targeted policy measures aimed at stabilizing economic growth, expanding domestic demand, and mitigating financial risks. The new policies will primarily focus on supporting local governments, revitalizing the property market, and enhancing the credit capacity of […]
Beijing, China – October 16, 2024 – The Cyber Security Association of China has called for a comprehensive review of products from Intel, citing ongoing cybersecurity vulnerabilities and elevated failure rates that threaten national security and consumer rights. In a statement released on Wednesday, the association pointed to multiple security flaws in Intel’s CPUs identified […]
Shanghai, China – October 16, 2024 – In response to the growing enthusiasm for sports in China, Swiss athletic brand On Holding AG is increasing its investment in youth tennis to inspire a new generation of players. This initiative was highlighted during a recent event in Shanghai, where tennis legend Roger Federer made a surprise […]
Beijing, China – October 16, 2024 – China’s total imports and exports of goods grew 5.3% year-on-year in yuan terms during the first three quarters of 2024, reaching a record high of 32.33 trillion yuan ($4.57 trillion), according to the General Administration of Customs (GAC). Exports rose 6.2% to 18.62 trillion yuan, while imports increased […]
BEIJING — China’s consumer prices steadied in September as domestic demand continued to recover, according to data released by the National Bureau of Statistics (NBS) on Sunday. The Consumer Price Index (CPI), a key indicator of inflation, increased by 0.4% year-on-year in September, down from a 0.6% rise in August. The slower growth is attributed […]
During the 27th China-ASEAN Summit held in Vientiane on October 10, Chinese Premier Li Qiang expressed China’s steadfast support for ASEAN integration and its strategic independence. He emphasized the importance of elevating the comprehensive strategic partnership between China and ASEAN to new heights. Li highlighted recent advancements in building a China-ASEAN community with a shared […]
China is making significant strides in developing its low-altitude economy, a move aimed at fostering high-quality economic growth across various regions. This initiative emphasizes innovation, talent development, and the integration of education with industry. In Binzhou, located in East China’s Shandong province, the local government is leveraging the resources of several industrial parks and the […]
China’s foreign trade reached 32.33 trillion yuan ($4.57 trillion) in the first three quarters of 2024, reflecting a year-on-year increase of 5.3%, according to the General Administration of Customs (GAC). Exports surged by 6.2% to 18.62 trillion yuan, while imports rose by 4.1% to 13.71 trillion yuan. Each quarter of 2024 saw trade values exceed […]
At the recent 2024 World New Energy Vehicle Congress in Haikou, Hainan, industry leaders emphasized the critical role of the new energy vehicle (NEV) sector in the global low-carbon transition. Experts highlighted that the automotive industry must achieve full electrification to secure over 50% market share for NEVs by 2035. Wan Gang, president of the […]
FRANKFURT — A recent survey indicates that nearly two-thirds of Germans are open to purchasing a Chinese car, with 59% of respondents from the German Automobile Club expressing interest, according to local media reports. The appeal of Chinese cars is particularly pronounced among younger consumers. Among those aged 30 to 39, 74% are considering a […]
