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China's foreign trade maintained solid growth as coordinated policy efforts across regions and departments boosted momentum, highlighting the resilience and vitality of imports and exports, official data showed Saturday. China's foreign trade in yuan-denominated terms grew 14.2 percent year on year to reach 4.38 trillion yuan (about 639.4 billion U.S. dollars) last month, according to data from the General Administration of Customs (GAC). Exports rose 9.8 percent to 2.48 tril

China called for further strengthening of international cooperation in artificial intelligence capacity building on Tuesday at the United Nations, as rapid advances in AI expose global capability gaps. Speaking at a meeting on "AI Empowering Engineering Capacity-Building" at the UN headquarters in New York, Chen Jiachang, China's vice-minister of science and technology, said that China is promoting global AI governance within the UN framework and advancing international coope

China will roll out a fresh round of capital injections into its largest State-owned commercial banks through the issuance of special treasury bonds, a move set to significantly boost their lending capacity and strengthen support for the real economy. According to the Ministry of Finance, auctions for five-year and seven-year special treasury bonds — used to inject capital into central financial institutions — are scheduled for May 22 and June 12, marking the launch of a seco

As their global market share continues to expand, domestic robot vacuum brands are no longer seen as budget alternatives, but are increasingly setting the pace in performance and user experience in the global market. From Dreame's X50 Ultra robot vacuum being named in Time Magazine's Best Inventions of 2025 — the only robot vacuum on the list — to Chinese brands dominating Amazon's best-seller rankings, the rise of Chinese robot vacuum players is becoming increasingly visible

China's startup landscape is being reshaped by a fast-growing class of businesses powered not by teams, but by individuals armed with artificial intelligence. Known as "one-person companies", or OPCs, these ventures are emerging as a defining feature of the country's digital economy, prompting local governments to rethink how entrepreneurship is supported and scaled. The numbers underscore the shift. As of mid-2025, China had more than 16 million one-person limited liability

The United States' sanctions on Chinese companies contravene international law and the basic norms of global relations, while Beijing's blocking measure aims to safeguard the legitimate rights and interests of domestic firms and individuals, the Ministry of Commerce and analysts said. The ministry issued a ban on Saturday prohibiting any recognition, enforcement or compliance with US sanctions imposed on five Chinese companies, including Hengli Petrochemical (Dalian) Refining

Customs authorities across China are busy handling arrivals of African imports that were early beneficiaries of the country's historic expansion of its zero-tariff treatment, which now covers all 53 African nations that have diplomatic ties with China. In the early hours of Friday, 24 tonnes of South African apples became the first batch of imports to enter China under the landmark initiative, which took effect on May 1. The shipment, cleared swiftly by Shenzhen customs offic

China welcomes more foreign businesses, including Jardine Matheson, to deepen cooperation with China and achieve mutual benefits and win-win outcomes, Chinese Vice Premier He Lifeng said on Tuesday. He, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks during his meeting with Ben Keswick, executive chairman of Jardine Matheson, in Beijing. Chinese Vice Premier He Lifeng, also a member of the Political Bureau of the

Hong Kong Disneyland Resort on Tuesday announced that the resort recorded a net profit of 536 million Hong Kong dollars (about 68.39 million U.S. dollars) in the fiscal year 2025. Hong Kong Disneyland Resort shared its business results for the fiscal year 2025 (Sept. 29, 2024 to Sept. 27, 2025) and the latest resort developments. The resort recorded revenue of 8,694 million Hong Kong dollars and EBITDA amounting to 1,989 million Hong Kong dollars. By the end of the fiscal yea

Rising tensions in the Middle East could drive up costs for China's agricultural sector by hiking global energy and fertilizer prices, although the country's domestic food supply remains stable, according to officials and industry experts. The impact of the conflict is expected to be transmitted largely through disruptions to fertilizer production, energy transportation and global commodity markets, said Li Guoxiang, a researcher at the Chinese Academy of Social Sciences' Rur

China has allowed qualified foreign investors to participate in treasury futures trading starting Friday, in a move aimed at enhancing the appeal of renminbi-denominated bond assets. The policy, announced on Friday by the China Securities Regulatory Commission in consultation with the People's Bank of China and the State Administration of Foreign Exchange, will permit participation for hedging purposes only. The CSRC said the move is designed to further expand the investment

China will intensify efforts to upgrade its fast-growing services sector, aiming to foster an open, competitive and high-quality ecosystem that benefits both Chinese consumers and global providers, experts and executives said. To achieve this vision, the State Council — China's Cabinet — unveiled on Tuesday plans designed to steer producer services toward "greater specialization and higher positions in the value chain", while making consumer services "more quality-oriented, d