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More efforts should be made from emerging economies to drive a more equitable, multilateral global order to navigate rising disruptions such as geopolitical tensions and sanctions from some Western countries.
China has faced "a fork in the road" for quite some time: continue with its export-led growth policies or boost domestic consumption and shift the growth engine to the Chinese consumer.
In its latest Fiscal Monitor released on Wednesday, the International Monetary Fund unveiled a novel approach called the "debt-at-risk" framework to address concerns brought about by global public debt, which is at a very high level and expected to continue rising.
Project mBridge — a platform for experimenting with central bank digital currencies (CBDCs) including the e-CNY for cross-border payments — is open to cooperation with traditional payment infrastructure and any U.S. dollar usage.
MOFCOM said on Thursday that the investigation into U.S.-based PVH Corp under the unreliable entity list mechanism is progressing in an orderly fashion according to Chinese law and China has been exercising prudence when handling issues related to the unreliable entity list.
China will resolutely safeguard its legitimate rights and interests against malicious actions that suppress or impose sanctions on Chinese enterprises on the alleged involvement with Russia.
"Civil-military dual-use goods, technologies, and services that, if misused after export, could endanger national security and affect world peace and security.
Project mBridge does not exclude the use of the dollar and will focus on facilitating payments for small-amount current account transactions, said a former Chinese central bank governor.
Iran became the 34th country to become a member of the Belt and Road Energy Partnership (BREP).
China has integrated 5G applications into about 76 of the 97 national economic categories, indirectly generating output of about 14 trillion yuan, the Ministry of Industry and Information Technology announced Wednesday.
The number of participants in the Belt and Road Energy Partnership has expanded to 34 countries, CCTV News reported on Thursday.
Part of the Hong Kong-Zhuhai-Macao Bridge in Zhuhai City, south China's Guangdong Province, September 1, 2024.The Hong Kong-Zhuhai-Macao Bridge (HZMB) celebrates its sixth anniversary of opening to traffic on Thursday, with a record number of passengers and vehicles crossing, according to data.
Shanghai Jiaotong University's Shanghai Advanced Institute of Finance (SAIF) and Charles Schwab, a provider of financial services, jointly issued the eighth annual "SAIF-Charles Schwab China Rising Affluent Financial Well-Being Index" in Shanghai on Wednesday.
The Philippine Qi Huang Traditional Chinese Medicine(TCM) Institute, the first TCM college in the Philippines, held its inaugural graduation ceremony in Manila on Wednesday, with 12 graduates receiving qualifications in TCM-related practices.
The International Monetary Fund has warned about the global economic outlook, downgrading its growth projections and highlighting many challenges, from escalating geopolitical conflicts to the looming threat of increased trade protectionism.
China's industrial economy maintained steady growth in the first three quarters, with more efforts to boost vehicle consumption, said the Ministry of Industry and Information Technology.
The 7th China International Import Expo is a significant effort by the world's second-largest economy to enhance its high-level openness and provide the world with access to its super-sized market.
The foreign trade of Northwest China's Xinjiang Uygur Autonomous Region experienced robust growth in the first three quarters of this year, further underscoring its role as a crucial gateway for China's westward opening-up.
Shanghai's economy performed steadily in the first nine months, with key indicators improving and people's livelihoods getting better.
Greater collaboration and stronger coordination among BRICS countries — Brazil, Russia, India, China and South Africa, as well as other new members — will greatly enhance their economic growth and fortify the multilateral trading system.
East China's Zhejiang province broke the 50,000 yuan ($7,020) threshold in terms of per capita disposable income for the first time during the Jan-Sept period this year, reaching 52,206 yuan to secure the third spot among the 31 provinces, autonomous regions, and municipalities in the Chinese mainland, Economic Views reported on Wednesday, quoting the latest data from the National Bureau of Statistics.
With regular freight train service from Qisumu International Logistics Park in Ulaanqab, Inner Mongolia autonomous region, to Moscow now in operation, experts said the new route opens a trade channel for North China, and will further expand its exports with the support of the Belt and Road Initiative.
China’s cross-border capital has returned to a net inflow during the first three quarters of the year, according to foreign exchange data released by the State Council Information Office on Tuesday.
Experts from China, South Korea, and Switzerland, in coordination with the International Atomic Energy Agency (IAEA), began marine samplings near the Fukushima Daiichi Nuclear Power Plant on October 15. These experts personally collected samples, which will later be analyzed in their respective laboratories.
An aerial photo taken on Dec 17, 2020, shows the headquarters building of the BRICS New Development Bank in East China's Shanghai.At the same time, Brazil has served as China's largest food supplier over the past few years, playing an important role in China's food security, said Rousseff.
SAFE data showed on Tuesday that foreign investment in Chinese bonds saw a continuous and stable influx, amassing over $80 billion in net increases in the first three quarters.
The extended Singles Day shopping festival this year saw booming sales during its grand opening on Monday evening, with high-quality and intelligent electronic products and livestreaming sessions gaining popularity among Chinese consumers.
The 16th BRICS Summit, to be held from Tuesday to Thursday in Kazan, Russia, has drawn global attention as it marks the first gathering since the group's expansion. This summit is expected to bring new opportunities for economic and trade cooperation between China and other BRICS nations.
The Tianlai Experiment Array, China's first dark energy radio detection initiative, has been officially recognized by the Square Kilometre Array (SKA) organization as an SKA Pathfinder Project, according to the National Astronomical Observatories of the Chinese Academy of Sciences on Monday.
China's State Administration for Market Supervision (SAMS) held a meeting in response to the U.S. and the European Union’s technical trade measures affecting its exports of electric vehicles, lithium batteries and solar cells, utilizing WTO rules to safeguard the rights and interests of enterprises.
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