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China issues 5-year plan for agricultural, rural modernization
The State Council, China's cabinet, has issued a plan to accelerate agricultural and rural modernization during the 15th Five-Year Plan (2026-2030) period. The plan seeks to accelerate the modernization of agriculture and rural areas to drive Chinese modernization, and has identified key tasks and policy measures for this purpose during the period. According to the plan, by 2030, the nation's food security will be continuously enhanced; the quality, efficiency and competitive
Jun 23 min read


China urges EU to uphold free trade and fair competition
China and the EU are equal and mutually beneficial trading partners, and it is hoped that the EU will abide by WTO rules, uphold free trade and fair competition, and firmly oppose protectionism and unilateralism, a spokesperson for China's Ministry of Commerce (MOFCOM) said on Saturday, in response to questions regarding a meeting held on Friday by the European Commission to discuss its relationship with China. The communication channels between China and the EU remain smoot
May 301 min read


Chinese ministry announces plan to eradicate rural polluted waters
The Ministry of Ecology and Environment plans to eradicate black and odorous water bodies at the doorsteps of rural residents by 2027, Pei Xiaofei, a spokesman with the national government body said in a news conference on Friday. As part of its efforts to improve rural living environments, the ministry has identified and registered more than 16,000 heavily polluted water bodies across the country as part of a special rectification program. By the end of last year, 98.7 perce
May 291 min read


China's industrial firms report faster profit growth amid policy support
China's industrial profits grew at a faster pace in the first four months of 2026, buoyed by effective macro policies and the performance of new growth drivers, including equipment manufacturing and high-tech manufacturing. China's major industrial firms, those with an annual main business revenue of at least 20 million yuan (about 2.93 million U.S. dollars), saw their combined profits rise 18.2 percent year on year in the January-April period, 2.7 percentage points faster th
May 273 min read


Economists call for closer China-US AI cooperation
As China and the United States race to expand their artificial intelligence capabilities, economists said the two countries need closer cooperation on global governance and safety standards to better manage the technology's potential risks. Although the US continues to lead in frontier AI research, large-scale models and computing power, economists said that China is rapidly catching up and has developed strengths in integrating AI into manufacturing, consumer services and ot
May 263 min read


China moves to provide basic public services based on residence
China's State Council has issued guidelines on providing basic public services based on where people actually live, rather than the location of their household registration, as part of efforts to support the country's people-centered new type of urbanization. The guidelines aim at ensuring that residents without local household registration enjoy the same access to basic public services as those with local household registration, known as "hukou," according to a notice issued
May 221 min read


China to extend visa-free policy for Russian citizens until end of 2027
To continuously facilitate personnel exchanges between China and Russia, China has decided to extend the visa-free policy for Russian citizens to Dec. 31, 2027, Chinese foreign ministry spokesperson Guo Jiakun said on Wednesday. Guo made the remarks in response to a question about new outcomes achieved during Russian President Vladimir Putin's visit to China. Ordinary passport holders from Russia can stay visa-free for no more than 30 days for business, tourism, visiting fam
May 211 min read


China grants zero tariffs on nearly 9,000 African products
China has granted zero-tariff treatment to nearly 9,000 categories of products from 53 African countries with diplomatic ties to Beijing, Liu Yuxi, China's ambassador for the Affairs of the Forum on China-Africa Cooperation, said Monday. Liu said the policy has helped drive growth in China-Africa trade. According to statistics from China's General Administration of Customs, trade between China and Africa rose 26.8% year-on-year in the first quarter of 2026, nearly nine percen
May 201 min read


Xi, Putin agree to further extend treaty
President Xi Jinping and Russian President Vladimir Putin agreed on Wednesday to further extend the China-Russia Treaty of Good-Neighborliness and Friendly Cooperation, while pledging to further strengthen political mutual trust, strategic coordination and practical cooperation between the two countries amid a fluid and turbulent international situation. The agreement was reached during talks between the two heads of state at the Great Hall of the People in Beijing, before Pu
May 205 min read


China's market regulator steps up support for private firms
China's market regulator said Tuesday it had taken steps to improve the business environment for private firms since the country's first law dedicated to promoting the private sector took effect last year. Zhang Daoyang, an official with the State Administration for Market Regulation (SAMR), said that in the year since the Private Sector Promotion Law took effect, the regulator had initiated dozens of policy measures, including 22 measures to support private sector developmen
May 191 min read


China rolls out action plan to boost employment
An action plan for stabilizing jobs, expanding employment capacity and improving employment quality, issued by the leading group on employment work under the State Council, was made public on Monday. The plan outlines policy measures that focus on meeting labor demand in key sectors, tapping employment potential and raising employment quality, among other priorities. To stabilize labor demand in key sectors, the plan proposes developing the manufacturing sector in light of lo
May 181 min read


Xi-Trump summit strengthens confidence in global economic recovery
The high-profile meeting between Chinese President Xi Jinping and U.S. President Donald Trump in China's capital has been lauded by global institutions, experts and media practitioners as a powerful boost to global economic recovery and a positive signal for robust business opportunities. "It's very important, of course, that the world's two largest economies are engaging at the highest level," Director of the International Monetary Fund's (IMF) Communications Department Juli
May 163 min read
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