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Policy
China dismisses claims of support to Iran's military as 'false information'
China's Ministry of National Defense on Thursday denied claims that Chinese firms offered chip equipment and intelligence support to Iran's military, dismissing them as "false information". The ministry's spokesman Zhang Xiaogang made the remarks at an online news briefing on Thursday in response to media reports claiming that the Shanghai-based Semiconductor Manufacturing International Corp provided chipmaking equipment to Iran's military and that a Chinese commercial satell
3 days ago
China, EU welcome two-week ceasefire in Mideast
The world welcomed on Wednesday a diplomatic breakthrough for peace in the Middle East as Iran, the United States and Israel agreed to a two-week ceasefire brokered by Pakistan, potentially suspending a six-week-old war that has killed hundreds and disrupted global energy supplies. The eleventh-hour truce was achieved as US President Donald Trump withdrew his threat to obliterate "a whole civilization" and Iranian authorities agreed to temporarily reopen the Strait of Hormuz,
4 days ago
China issues regulations on industrial, supply chain security
Chinese Premier Li Qiang has signed a decree of the State Council to unveil a set of regulations on industrial and supply chain security. Taking effect from the date of promulgation, the 18-article regulations are aimed at preventing security risks in industrial and supply chains, enhancing their resilience and security, and safeguarding economic and social stability as well as national security. The document clarifies the principles for work on industrial and supply chain se
5 days ago
China targets steady growth and innovation in 2026 Economic Plan
China has outlined its economic direction for 2026 during the annual Two Sessions meetings in Beijing, where Premier Li Qiang presented the Government Work Report detailing the country’s priorities for the year ahead. A key announcement was a projected GDP growth target of between 4.5% and 5%. Instead of setting a single figure, Chinese policymakers opted for a range, giving authorities greater flexibility to respond to global economic uncertainty. The move signals a shift aw
Mar 7
Economy
China continues control measures for gasoline, diesel prices
China will continue to implement control measures regarding retail prices of gasoline and diesel from Wednesday, aiming to mitigate the impact of rising international oil prices on its domestic market, the country's top economic planner said on Tuesday. Since the adjustment of domestic oil prices in late March, international crude oil prices have experienced significant fluctuations, the National Development and Reform Commission (NDRC) said in a statement. Based on the exist
5 days ago
China's consumer goods trade-in program generates sales of 433.17 billion yuan in first quarter
China's government-backed consumer goods trade-in programs benefited over 60.93 million purchases in the first quarter of 2026, boosting sales of 433.17 billion yuan (about 62.84 billion U.S. dollars), commerce ministry data showed Friday. A total of 1.41 million subsidy applications were received for auto trade-ins, driving new vehicle sales of 228.69 billion yuan in Q1. People shop for smartphones and other consumer electronics eligible for the Chinese government's trade-in
Apr 4
China's economy on firm footing at start of 2026
China's industrial sector got off to a robust start in 2026, with profits of major industrial enterprises accelerating in the first two months of the year, underpinned by the strengthening of high-tech sectors and highlighting improving business conditions amid strong policy support, official data showed on Friday. Analysts said the upbeat figures add to a broader set of indicators suggesting China's economy is gaining strong momentum at the start of the year, reinforcing exp
Mar 29
China’s foreign trade rises 18.3% in early 2026
China’s foreign trade increased by 18.3 percent in the first two months of 2026, signaling a strong start to the year, according to data released Tuesday by the General Administration of Customs. Total trade in goods reached 7.73 trillion yuan (about US$1.12 trillion). Exports climbed 19.2 percent year-on-year to 4.62 trillion yuan, while imports rose 17.1 percent to 3.11 trillion yuan. Trade with major partners continued to grow. Commerce with the Association of Southeast As
Mar 10
Culture
Over 800 events to be staged at Xuhui West Bund in 2026
More than 800 events across culture, tourism, commerce, sports, and exhibitions will be held at Shanghai's Xuhui West Bund in 2026, as announced at a media briefing held at West Bund Orbit. Chen Anda, deputy general manager of Shanghai West Bund Development Group Co, outlined a lineup of flagship events for the year: the Jazz Spring West Bund music festival over the May Day holiday, the Shanghai leg of the FISE World Series and the urban sports carnival in October, and the We
2 days ago
Ningxia students continue 31-year tradition with 54-km trek to honor martyrs
For the last 31 years, thousands of students in Northwest China have marked the approach of Qingming Festival, or Tomb-Sweeping Day, with an extraordinary act of remembrance: a 54-kilometer trek through rugged mountain terrain to honor fallen soldiers. On April 3, students and volunteers take part in an annual 54-kilometer trek to the Renshanhe Martyrs Cemetery in Guyuan, Ningxia Hui autonomous region. [Photo provided to chinadaily.com.cn ] At 5 am on April 3, more than 3,000
3 days ago
Production mistake turns 'weepy horse' toy into viral hit in China
A toy horse with its mouth accidentally stitched upside down has gone viral on Chinese social media, transforming what was once seen as a manufacturing defect into an unexpected bestseller in Yiwu, the trinket capital of the world in China's Zhejiang Province. The plush toy, originally intended as a smiling Year of the Horse figurine, attracted widespread attention after a consumer in Hangzhou shared her purchase online. Netizens dubbed the toy the "weepy horse," saying its d
Jan 19
Ancient herbs meet modern baking as medicinal bread fuels health trend
In the soft morning glow of a hospital bakery in Kunming, Yunnan province, the air is a tapestry of scents: the earthy tang of goji berries, the subtle sweetness of jujubes and the sharp zing of rose hips — all interwoven with the aroma of freshly baked bread. As the first loaf emerges from the oven, its crust flecked with medicinal herbs, the line outside the door stretches down the hallway. This fusion of traditional Chinese medicine and modern baking has turned hospital ba
Nov 13, 2025
Science & Technology
China explores nuclear power to drive AI
China is exploring leveraging nuclear energy to meet artificial intelligence's huge demand for electricity, as the token economy becomes the latest buzz word sweeping across the global tech industry. A token is the fundamental unit of data processed by an AI large language model. The momentum for the growth of the token economy grew stronger after Nvidia CEO Jensen Huang described tokens as "the new commodity" during a recent conference, and global tech companies are ramping
3 days ago
Chinese firm tests AI 'digital employees' modeled on former staff
A game media company in east China’s Shandong Province recently has turned a departing employee into an AI-powered digital worker to continue handling tasks, according to media reports. The former employee, who previously worked as an HR specialist, now has a digital avatar capable of handling basic tasks such as consultations, interview scheduling, and preparing presentations and spreadsheets. According to a screenshot from the reports, the digital employee can introduce its
5 days ago
China sets new record in global hot water ice drilling
China has achieved a remarkable depth of over 3,400 meters in its first hot water ice drilling experiment in Antarctica, breaking the previous international record of 2,540 meters, the Ministry of Natural Resources said on Tuesday. On February 5, China's 42nd Antarctic expedition team successfully completed the country's first hot water ice drilling test in the Qilin Subglacial Lake region, reaching a depth of 3,413 meters. The achievement marks the country's capability to co
5 days ago
Chinese firms in high-tech industries show growth
China's listed companies are reporting their 2025 annual results, with data pointing to a fact that tech-driven earnings growth is emerging as a powerful new engine. Of more than 1,200 companies that had filed annual reports as of Friday morning, nearly 90 percent turned a profit, according to data provider Wind. Firms in high-tech industries, including artificial intelligence (AI), semiconductors and telecommunications, stood out, suggesting that their sustained innovation e
Apr 4
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