China Commits to Further Opening Up Services Sector and Promoting Global Economic Recovery

Chinese President Xi Jinping addressed the Global Trade in Services Summit of the 2023 China International Fair for Trade in Services (CIFTIS) via video link in Beijing on Saturday, emphasizing China’s commitment to sharing the achievements of its modernization drive and collaborating with the global community for sustained global economic recovery. Xi announced China’s intention […]

Netherlands’ Export Controls on Chipmaking Tools Take Effect

The Netherlands’ implementation of export controls on advanced chipmaking tools has officially begun, a move that aligns with US Commerce Secretary Gina Raimondo’s recent visit to China. This development has caught the attention of Chinese netizens, who are enthusiastic about Huawei’s new handset launch despite US restrictions. ASML, a Dutch chipmaking giant, announced that it […]

China’s Vigorous Policies Aim to Support Economy and Boost Confidence”

China has implemented a series of vigorous policies to support its economy, particularly in areas such as the private economy, real estate, and employment. Major economic data indicates that these policies are having a positive impact, with experts highlighting China’s resilient post-pandemic economy. Experts emphasize that the Western media’s portrayal of China’s economic situation is […]

US Law Enforcement’s Unreasonable Harassment of Chinese Vessel Raises Concerns

A Hong Kong-registered Chinese cargo ship, the Zhenhua 28, operated by Shanghai Zhenhua Heavy Industries Company, faced what experts are calling unreasonable searches and harassment by US law enforcement personnel in Jacksonville, Florida, in July 2023. The incident has sparked concerns about its negative impact on China-US people-to-people exchanges, cultural cooperation, and economic trade ties. […]

BRICS Leaders Gather in Johannesburg to Deepen Cooperation and Shape New Global Order

Leaders from the BRICS nations, representing a significant portion of the global economy, convened in Johannesburg, South Africa, with a focus on expanding and strengthening their cooperation. Chinese President Xi Jinping highlighted the growing relevance of emerging countries in the international arena and emphasized the summit’s contribution to shaping a new global economic and political […]

US Commerce Department Concludes Chinese Solar Panel Companies Circumventing Duties through Southeast Asian Routes

The US Commerce Department has issued a final determination on Friday, confirming that five Chinese solar panel companies have been evading anti-dumping and countervailing duties by rerouting their operations through Southeast Asian countries. This decision comes in the wake of a preliminary finding made in December that had already ruled against four Chinese firms. While […]

China Resumes Imports of South African Beef, Enhancing Bilateral Trade Ties

Chinese customs and agricultural authorities have lifted the suspension on imports of beef from certain foot-and-mouth disease-free areas in South Africa, marking a positive step in China-South Africa trade relations. The decision follows close cooperation between the two countries to address the disease issue and showcases the continuously improving ties between China and South Africa. […]

US Smearing Campaign Against China’s Economy Draws Criticism from Experts

US politicians, including President Joe Biden, and some mainstream media outlets have initiated a campaign to criticize China’s economy while promoting the concept of “Bidenomics.” However, Chinese experts argue that the lingering risks within the US economy, coupled with its toxic policies, have already inflicted damage and continue to pose a significant threat to the […]

7th China-South Asia Expo Commences in Kunming, Promoting Economic Cooperation

The 7th China-South Asia Expo was inaugurated in Kunming, Yunnan Province, marking its resumption as an offline exhibition after the COVID-19 pandemic. This event plays a pivotal role in bolstering economic and trade collaboration between China and South Asian nations. Regarded as the premier comprehensive exposition for multilateral diplomacy, economic and trade partnerships, and cultural […]