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China agrees to trade concessions in landmark deal with U.S.
China has agreed to suspend additional export controls on rare earth metals and end investigations into U.S. chip companies, marking a significant step toward easing tensions in the ongoing trade conflict with the United States. The White House released a fact sheet late Saturday detailing the agreement reached last week between Chinese President Xi Jinping and U.S. President Donald Trump in South Korea. As part of the deal, the United States will pause certain reciprocal ta
Nov 2, 20251 min read


Global Finance in Focus: Beijing forum calls for innovation & stability
Leaders and experts from around the world gathered in Beijing on Monday for the Annual Conference of the Financial Street Forum 2025, spotlighting the need for a resilient, inclusive, and sustainable global financial system. The four-day forum, running through Oct. 30, comes amid rapid innovation, shifting global financial landscapes, and mounting economic challenges. Organizers called for strengthened collaboration, accelerated transformation, and a more forward-looking appr
Oct 27, 20252 min read


China to launch new forex policies to boost trade
China’s foreign exchange (forex) regulator is preparing to launch a series of new policies aimed at driving innovative growth in trade, according to Zhu Hexin, deputy governor of the People’s Bank of China and head of the State Administration of Foreign Exchange (SAFE). Zhu made the remarks on Monday at the Annual Conference of the Financial Street Forum 2025 in Beijing. Zhu said SAFE will soon implement policies to support a cash-pooling program that integrates domestic and
Oct 27, 20251 min read


China, India restart flights after five-year hiatus
After a five-year hiatus, flights between China and India are resuming as Indian airline IndiGo started services from Kolkata to Guangzhou, South China's Guangdong Province on Sunday night, a move that is expected to further unleash the potential for economic and trade cooperation between China and India. The Sunday flight departs at 10 pm and arrives in Guangzhou at 4:05 am on Monday. IndiGo told the Global Times on Sunday that the flight, which primarily serves individual t
Oct 26, 20253 min read


China's installed power generation capacity up 17.5%
China's cumulative installed power generation capacity had reached 3.72 billion kilowatts by the end of September 2025, marking a year-on-year increase of 17.5 percent, official data showed on Sunday. Solar power generation capacity amounted to 1.13 billion kilowatts by the end of last month, surging 45.7 percent compared to the same period last year, according to the National Energy Administration (NEA). Wind power generation capacity reached nearly 582 million kilowatts by
Oct 26, 20251 min read


Measures seek to curb disorderly price competition
China is moving to further curb disorderly price competition, as authorities seek to restore healthy market order, protect fair competition, and bolster the country's transition toward high-quality development, said officials and experts. In a joint notice released on Thursday, the National Development and Reform Commission and the State Administration for Market Regulation stressed that China "supports fair, open, and lawful market competition". They called on businesses to
Oct 12, 20253 min read


China's express delivery volume tops 150 billion parcels
China's express delivery volume had surpassed 150 billion parcels as of Oct. 11 this year, reaching the milestone 37 days earlier than in 2024, according to the State Post Bureau. An official from the bureau said the postal and express delivery industry, with its network covering the entire nation and reaching the globe, has provided solid support for facilitating a smooth circulation of the national economy. This achievement fully demonstrates that the country's consumer mar
Oct 12, 20251 min read


China's foreign exchange reserves hit highest level in decade
China's foreign exchange reserves stood at the highest level in a decade in September, underscoring the country's growing economic...
Oct 7, 20253 min read


September manufacturing PMI rises in China
China's official manufacturing purchasing managers' index for September stood at 49.8, up from 49.4 in August and marking the second...
Oct 1, 20253 min read


Trade, business ties between China's provinces, US states seen as critical
Economic and trade cooperation between Chinese provinces and US states serves as an indispensable part of Sino-US economic and trade...
Sep 26, 20252 min read


China investment unlocks global advantage for European appliance maker
In a sprawling, state-of-the-art production base in Nanjing, capital of east China's Jiangsu Province, sophisticated home products...
Sep 26, 20253 min read


Annual trading volume of China's carbon market hits record high
By the end of August, the cumulative trading volume of China's carbon emissions rights trading market was nearly 700 million tonnes, with...
Sep 24, 20251 min read
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