US’ trade bullying exposes lack of confidence: Chinese FM

Chinese Foreign Minister Wang Yi on Wednesday sharply criticized the US' latest move to significantly hike tariffs on an array of Chinese goods, including electric vehicles (EVs). He said that the US' relentless crackdown measures amounted to typical bullying, exposed Washington's lack of confidence rather than strength, and will not stop China's development. On the […]

Local governments launch plans for industrial equipment renewal

Governments of nearly 10 Chinese provinces and regions recently issued detailed plans for industrial equipment renewal based on local conditions, further supporting industrial enterprises' capacity upgrade amid increasing demand.   Northwest China's Ningxia Hui Autonomous Region on May 8 released an action plan to promote large-scale renewal of industrial equipment, covering eight sectors including metallurgy, […]

Battery firms urged to step up innovation, reduce output

China's Ministry of Industry and Information Technology (MIIT) on Wednesday issued draft rules for the country's lithium-ion battery industry, aiming to guide companies to reduce projects that aim solely to expand production and instead focus on technological innovation. The proposals, which are open for public comment, are conducive to promoting the sound development of China's […]

China, Hungary embrace new economic cooperation opportunities under all-weather comprehensive strategic partnership for the new era

On the occasion of the 75th anniversary of the establishment of diplomatic relations between China and Hungary, the two sides decided to elevate the current comprehensive strategic partnership to an all-weather comprehensive strategic partnership for the new era, which experts said on Friday will provide new economic and trade cooperation opportunities for the two countries.  […]

China slams US unilateral illegal sanctions against Chinese entities over Russia-Ukraine conflict

The Chinese Embassy in the US slammed Washington's latest sanctions against Chinese entities over the Russia-Ukraine conflict, saying that China firmly opposes the US imposing unilateral illegal sanctions on Chinese entities, Russian news agency TASS reported on Thursday. The US on Wednesday issued a new package of sanctions on hundreds of companies and individuals, including […]

China’s steel industry embarks on green shift, battling high carbon emissions through technologies, supportive policies

Amid the bustling streets and towering skyscrapers across China, a profound transformation is unfolding within the steel beams and iron cores of China's industrial landscape, aiming to contribute to China's goals of achieving carbon peak and carbon neutrality. Meanwhile, as one of the world's largest producers and consumer of steel, China faces a colossal challenge: […]

Descendants of 'comfort women' victims file lawsuit against Japanese government in China for first time

The children of 18 Chinese victims of the "comfort women" system during the Chinese People's War of Resistance Against Japanese Aggression (1931-45) have recently filed a lawsuit against the Japanese government. This marks the first time in 32 years that civilians have sued the Japanese government in a Chinese court for wartime atrocities. Last week, […]

China's economy off to good start in Q1, up by 5.3%, defying 'Peak China' rhetoric

China's GDP growth rate beat market expectations to reach 5.3 percent year-on-year in the first quarter, kicking off a good start to the year and laying a strong foundation for achieving the annual development targets. The strong momentum of the world's second-largest economy has debunked the "Peak China" theory and other fallacies, Chinese analysts said. […]