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The White House on Monday local time issued a presidential executive order titled "Modifying Reciprocal Tariff Rates to Reflect Discussions with the People's Republic of China." According to the order, starting at 12:01 am eastern daylight time on May 14, ...

US stocks rallied sharply on Monday after the US and China announced a temporary rollback of reciprocal tariffs, providing much-needed relief to investors concerned about the escalating trade war's economic fallout.

Chinese carriers are increasing their footprint in the EU in terms of cargo and passenger flights amid growing economic and trade cooperation between the two sides.

Chinese Minister of Commerce Wang Wentao on Monday chaired a roundtable meeting with representatives from 12 trade companies, six import and export chambers of commerce, and experts, during which views were exchanged on the current foreign trade situation and ways ...

In the first four months of 2025, China's automobile production and sales both surpassed 10 million units for the first time, according to data released by the China Association of Automobile Manufacturers (CAAM) on Monday.

China's "new consumption" sector is witnessing an IPO boom, with a wave of brands ranging from tea chains to lifestyle retailers racing to list overseas, according to a report on Monday. This listing frenzy underscores China's rapid consumption upgrade, where ...

On May 10, the "Dong Jin Cup" 2025 World Triathlon Cup Chengdu and the Chengdu&Chongqing Twin Cities Triathlon Open started at the Jintang County International Triathlon venue.

A near-term positive catalyst has been identified for Chinese stock market, according to a research note sent to the Global Times by Morgan Stanley on Monday, as China and the US announced they have reached a deal to slash tariffs ...

On Friday, under the theme "Weaving Without Borders," the 2025 Puyuan Fashion Week officially opened in Puyuan town of Tongxiang in East China's Zhejiang Province.

In response to another question on whether China will cancel export license requirements for rare earths or critical minerals, Chinese Foreign Ministry spokesperson Lin Jian also referred the specific question to the press release from the Chinese side and the ...

Asked about US President Donald Trump's comment that great progress was made in the China-US trade meeting, and whether China is satisfied with the outcome of the China-US economic and trade talks, Lin said on Monday that the question had ...

Asked about the considerations behind a recently launched special operation to combat the smuggling of strategic minerals, and what other work will be carried out, a spokesperson for the Chinese Commerce Ministry said on Monday that strengthening export control of ...

A spokesperson for China's Commerce Ministry said on Monday that the high-level economic and trade talks between China and the US have achieved substantial progress, resulting in a major reduction in bilateral tariffs.

Asian and European stock markets rallied significantly on Monday, following reports that China and the US would release a joint statement Monday introducing specifics of their two-day high-stakes trade talks in Geneva during the weekend.

When asked to comment on the outcome of the China-US trade talks in Switzerland, and specifically on China's reduction of tariffs on US goods from 125 percent to 10 percent for 90 days, and the US' lowering of tariffs on ...

Chinese Vice Premier He Lifeng met with WTO Director-General Ngozi Okonjo-Iweala in Geneva, Switzerland on Sunday night, during which He reiterated China's support for the WTO's role as a stabilizer for global trade, according to the Xinhua News Agency on ...

China is willing to “l(fā)ook forward” and work with Canada to bring bilateral relations back on the right track, Chinese Ambassador to Canada Wang Di said in a recent interview with Canadian Television (CTV), expressing hope for prompt talks to ...

Chinese Vice Premier He Lifeng said in Geneva on Sunday that the China-US high-level meeting on economic and trade affairs were in-depth, candid and constructive, according to Xinhua News Agency.

Chinese Vice Premier He Lifeng said here on Sunday that the China-U.S. high-level meeting on economic and trade affairs were in-depth, candid and constructive.

Chinese Vice Premier He Lifeng urged on Sunday China and the United States to find proper solutions to problems, and extend the list of cooperation.

The high-level meeting on economic and trade affairs between China and the United States has concluded in Geneva, Switzerland, CGTN has learned.

The latest financial reports of multiple US agricultural businesses showed weakened market performance, as the US government's tariff hikes backfired on trade of agricultural products, lifting costs for purchasing agricultural machinery and materials.

China's new-energy vehicle (NEV) exports saw a notable jump in April, with global recognition of Chinese NEVs continuing to rise, according to an industry report on Sunday, which noted that Chinese-made electric vehicle brands will not be affected by steep ...

Despite facing external challenges, China's steel industry has continued to focus on internal improvement and lay a solid foundation for the wider manufacturing sector. This stands in stark contrast to the US strategy of trying to revive its steel industry ...

China's first set of intelligent inspection robots for freight railways has entered operation in Cangzhou, North China's Hebei Province, the Xinhua News Agency reported on Sunday, citing state-owned energy major CHN Energy.

While US protectionist tariffs have unsettled global financial markets recently - pressuring American stocks, bonds, and the dollar - China's financial markets have held steady, with the benchmark Shanghai Composite Index rising back above 3,300 in May amid active trading.

About 5,400 companies listed on China's Shanghai, Shenzhen and Beijing stock exchanges have reported first-quarter results, with more than 70 percent posting a profit. An analyst said on Sunday that listed companies' better-than-expected financial performance underscores their high-quality development and ...

China is accelerating the rollout of 5G-Advanced networks across multiple cities, including Beijing and Shanghai, marking a significant leap in speed and connectivity as telecom operators enhance coverage in subways, business districts and rural areas.

Although US government officials have chosen to downplay the negative impact of tariffs on the American economy, an increasing number of local officials and business leaders are raising alarms, and more economists are warning of recession risks.

In response to questions about the US abuse of tariffs, Chinese Assistant Foreign Minister Miao Deyu stated at a media briefing on Sunday that the US uses tariffs as a weapon to exert maximum pressure and seek self-interest, embodying typical ...

China's first set of intelligent inspection robots for freight railways has entered operation in Cangzhou, North China's Hebei Province, the Xinhua News Agency reported on Sunday, citing state-owned energy major CHN Energy.

China and the US kicked off on Saturday a high-level meeting on economic and trade affairs in Geneva, Switzerland. The meeting will continue on Sunday, a CGTN report revealed on Sunday.

The 2025 Intersolar Europe exhibition, one of the world's most influential events in the photovoltaic (PV) industry, concluded here on Friday after a three-day run. Chinese companies as major highlights of the event won widespread acclaim for their cutting-edge products ...

China's independently developed AG600 large amphibious aircraft has successfully completed all compliance flight tests in the ground takeoff and landing in crosswind conditions, according to the Aviation Industry Corporation of China (AVIC).

As the first high-level trade talks between China and the US takes place in Switzerland over the weekend since the US government imposed steep "reciprocal tariffs" in April, global attention is not only on the meeting itself but also on ...

OpenAI co-founder Sam Altman acknowledged that the US is barely ahead of China in the artificial intelligence (AI) race in a Senate Commerce Committee hearing on Thursday, Fox Business reported. Chinese experts said this comment reflects the anxiety felt by ...

China's consumer price index (CPI), the main gauge of inflation, fell by 0.1 percent year-on-year in April, according to data released Saturday by the National Bureau of Statistics (NBS). Although the external impacts have increased, China's prices are expected to ...

The Chinese understand that compromise under pressure does not bring peace or respect. In this context, China does not need to rush during the talks, considering that its economic resilience, particularly in the face of US tariffs, affords it a ...

China's exports in April surged 9.3 percent in yuan-denominated terms to 2.27 trillion yuan ($314.17 billion), beating expectations as the country's trade expanded at a solid pace despite hefty US tariffs on Chinese goods, official data showed Friday.

China's Commerce Minister Wang Wentao on Thursday held talks in Moscow with Russian Minister of Economic Development Maxim Reshetnikov, with in-depth exchanges on implementing the upgraded agreement between China and Russia on the promotion and reciprocal protection of investments, strengthening ...

China's Foreign Ministry announced on Wednesday that from May 9 to 12, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council He Lifeng will visit Switzerland, and during his visit to Switzerland, ...

China's private sector promotion law, which will come into effect on May 20, represents China's first fundamental legislation dedicated to shoring up the private sector. Notably, sci-tech innovation is included as an independent chapter among the nine chapters of this ...

From the perspectives of trade structure and industrial competitiveness, China's economy has demonstrated greater resilience against the US coercion, particularly if the US government stubbornly persists with its steep tariff policy, leading the trade relationship into a prolonged deadlock.

"The taste of Chinese consumers has aligned more and more with that of Europeans, shifting increasingly towards design and lifestyle - areas in which Italian brands clearly hold a strong advantage," says Pietro Barucca, Asia-Pacific regional manager for Scavolini, one ...

For the 63rd time, Milan once again became the capital of furniture and design with the Salone del Mobile. From the exhibition halls in Rho to the showrooms in the city center, the event looked as far as China and ...

Sam's Club, a Walmart-owned membership warehouse club, has rolled out a “green channel” initiative tailored for export-oriented enterprises in China, a recent move from the US retail giant to show support for Chinese exporters amid mounting tariff pressure between China ...

The fourth edition of the China-Central and Eastern European Countries (CEEC) Expo & International Consumer Goods Fair will be held in Ningbo, East China's Zhejiang Province from May 22 to 25, an official with China's Ministry of Commerce (MOFCOM) said ...

The Ministry of Commerce (MOFCOM) said on Friday that China is planning a special operation to crackdown on the smuggling and illegal export of strategic minerals.

In response to a question claiming that relevant departments of China and Japan on Thursday held the third negotiation on Japanese aquatic products exported to China, asking whether the negotiation gained positive progress and what prospects are for China to ...

China's trade with the EU continues its growing trend, latest official data showed, signaling a renewed strength and resilience against the backdrop of global uncertainties.

China's trade continued to expand at a solid pace in April, despite hefty US tariffs on Chinese goods, official data showed Friday.

Powell's comments and the Fed's wait-and-see approach, while seemingly in line with market expectations, lay bare the central bank's concerns about the potential repercussions of the US tariff policy on the broader economy.

China's monetary and financial authorities on Wednesday unveiled supportive measures that cover various aspects of the economy, including monetary policy and the stock, foreign exchange, bond and real estate markets. This package is notable for its intensity and targeted approach, ...

Several major automakers based in Europe and the US, including BMW and Ford, have released quarterly earnings reports, with many warning that tariffs could weigh on their future performance, according to media reports.

Several major cities in China, including Beijing, Guangzhou and Shenzhen, on Thursday reduced personal housing provident fund loan interest rates by 0.25 percentage points, effective immediately. This move is part of a broader effort to support the housing market and ...

China can turn crisis into opportunity and demonstrate that it is a stable and predictable investment destination, said the head of the European Union Chamber of Commerce in China (European Chamber) in Beijing on Thursday. The comment underscored the continued ...

Multiple foreign financial institutions including Goldman Sachs and UBS are increasingly upbeat on China's stock market, bolstered by the country's supportive measures announced on Wednesday aimed at stabilizing markets and sustaining the economic recovery amid external headwinds.

The US Consumer Technology Association (CTA) has expressed concern and opposition to US government's tariff policies in its latest statement, warning that the measures could lead American consumers to face a potential drop in purchasing power of up to $123 ...

Ministry of Commerce spokesperson He Yadong said on Thursday that relevant authorities are reviewing price commitment application submitted by EU brandy exporters as well as public comments following an earlier preliminary ruling, and the ministry will make a final decision ...

Huawei on Thursday officially introduced its HarmonyOS PC operating system, in a latest move which Chinese experts said marks a historic breakthrough in China's push for self-reliance in core technologies and has the potential to break dominance of Microsoft's Windows ...

Chinese officials on Thursday introduced various measures to implement the country's first fundamental law dedicated to promoting the private sector, which will take effect on May 20 after being passed at a session of the Standing Committee of the National ...

Regarding whether the removal of US tariffs on Chinese goods is a bottom line for China in the upcoming China-US trade talks, Chinese Foreign Ministry Spokesperson Lin Jian said on Thursday that China had made its position on the high-level ...

In response to a question about the upcoming high-level economic, trade meeting between Chinese Vice Premier He Lifeng and the US side in Switzerland, as well as whether the Chinese side has proposed any conditions before agreeing to start negotiations, ...

The US administration plans to rescind and modify a Biden-era rule that curbed the export of sophisticated artificial-intelligence chips, a spokeswoman for the Department of Commerce said on Wednesday US time, the Reuters reported. "The Biden AI rule is overly complex, ...

When asked to comment on the US' statement that it will not lower tariffs before negotiations begin and has implied that the talks were not initiated by the US side, following China's recent announcement of upcoming talks with the US ...

A helicopter was slowly ascending, offering a breathtaking view of the vast blue ocean below and the stunning tropical coastal city of Sanya in south China's Hainan.

While the US-provoked trade war may negatively impact emerging economies like China and Africa, it will also catalyze stronger bilateral cooperation in trade, investment and key sectors such as manufacturing, green energy and digital technology, African and Chinese business leaders ...

The participation of Chinese companies in the Smarter E Europe 2025 not only reflects China's advancements in clean energy technology but also underscores the increasingly close and indispensable complementary relationship between China and Europe in the energy transition.

The head of China's top securities regulator on Wednesday expressed firm confidence in the stability and resilience of the Chinese capital market despite external uncertainties, and laid out comprehensive plans, including developing technology innovation bonds and attracting long-term funds, to ...

China's monetary authorities on Wednesday introduced new measures to strengthen the ongoing stabilization of the real estate sector, as China's property market shows growing signs of recovery amid rising transactions this year.

Chinese officials on Wednesday announced a package of major policies to support stabilizing the market and expectations, including lowering the policy rate and reserve requirement ratio (RRR), while projecting strong confidence in the country's high-quality development.

US Treasury Secretary Scott Bessent's skepticism and bearish stance on the Chinese economy have encountered a rather ironic twist of fate. China's GDP grew at a robust 5.4 percent in the first quarter, in sharp contrast with the US, where ...

US chip giant Nvidia's CEO Jensen Huang reiterated the importance of China's artificial intelligence (AI) market on Tuesday US time, saying that China's AI market will likely reach about $50 billion in the next two to three years, and that ...

German companies operating in China are calling on Germany's new federal government in Berlin to adopt a more pragmatic and forward-looking policy approach toward China, emphasizing partnership over rivalry, according to the German Chamber of Commerce in China on Wednesday.

The 21st Shanghai International Automobile Industry Exhibition (Auto Shanghai 2025) once again redefined the global automotive landscape, drawing over 63,000 international attendees and unveiling 163 new vehicle models. This year's exhibition underscored that China's rapid rise in automotive innovation is ...

At the invitation of the government of Switzerland, He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee and Vice Premier of the State Council will visit Switzerland from May 9 to 12, Chinese ...

Moroso was founded in 1952 by Agostino Moroso, who, together with his wife Diana, established the company with the aim of producing and creating sofas, armchairs, and home furnishings.

For one hundred years, Turri has upheld an idea of excellence based on craftsmanship, quality, and innovation. A century of history rooted in Italian manufacturing tradition and the continuous search for new forms of elegance. Since 1925, the ability to ...

China's foreign exchange reserves reached $3.2817 trillion at the end of April 2025, up 1.27 percent from the end of March, official data showed Wednesday.

In responding to media questions about why China decides to hold talks with the US after previously stating that it won't negotiate with the US unless the US cancels tariffs, and about whether China expects the two countries will reduce ...

Regarding China's expectations for the upcoming talks between Chinese Vice Premier He Lifeng and US representatives in Switzerland jointly announced by China's Ministry of Commerce and the Foreign Ministry, Chinese Foreign Ministry spokesperson Lin Jian said on Wednesday that the ...

Asked to comment on the US' recent repeated claims that China cannot bear the pressure brought by the imposition of high tariffs, Chinese Foreign Ministry spokesperson Lin Jian said on Wednesday that no external shocks can change the fundamentals of ...

Starting from Wednesday, China will impose anti-dumping duties on imports of cypermethrin originating in India for a period of five years, the Ministry of Commerce (MOFCOM) announced. A Chinese expert said this sends a clear signal of the government's firm ...

China's monetary authorities on Wednesday introduced a set of new measures to strengthen the ongoing stabilization of the real estate sector, as China's property market shows more signs of recovery amid rising transactions this year.

China's top securities regulator voiced strong confidence in the stability and long-term resilience of the country's capital market, despite facing an array of global uncertainties caused by the US tariff policy.

China to cut reserve requirement ratio by 0.5 percentage points

The People's Bank of China (PBC), the central bank, announced on Wednesday a new package of monetary policies to reinforce broad market expectations, and the measures includes lowering the reserve requirement ratio (RRR) for financial institutions by 0.5 percentage points ...

The number of payments made by visitors to China saw a sharp increase while the total value of these payments also surged during the just-concluded May Day holiday, data from the Chinese central bank has shown.

Nvidia CEO Jensen Huang said on Tuesday local time that China's artificial intelligence market will likely reach about $50 billion in the next two to three years, and that missing out on it would be a "tremendous loss," the CNBC ...

With full consideration of the expectations across the world, the interests of the Chinese side, and the call from US business community and consumers, the Chinese side decides to agree to engage with the US side, a spokesperson of China's ...

Tesla China on Tuesday posted a video on its official social media account boasting that more than 95 percent of the parts used in Model 3 and new Model Y electric vehicles (EVs) produced by its Shanghai Gigafactory came from ...

It seems that the recent developments surrounding US export controls on advanced artificial intelligence (AI) chips underscore its deepening anxiety in the face of China's technological advancement. Its reliance on an escalating chip blockade, aimed at preserving US technological hegemony, ...

Given its status as the world's foremost hub for the production and sale of electronic components, it's unsurprising that China's electronic component sector has caught the eye of investors. Currently, although the US frequently wields the tariff stick, which presents ...

The White House appeared to walk back an announcement by US President Donald Trump that he would slap 100 percent tariffs on foreign-produced films to boost Hollywood, USA Today reported on Monday.

China will adopt more proactive macroeconomic policies and is confident of achieving its economic growth target of around 5 percent for 2025, China's Finance Minister Lan Fo'an said at the 58th Annual Meeting of the Board of Governors of the ...

When US coffee chain Starbucks first entered the Chinese market, only consumers in major cities like Beijing were able to frequent its stores. Today, residents in more than 1,000 county-level regions across China can enjoy the firm's coffees.

Chinese trendy toys have made frequent appearances at recent international exhibitions, becoming a focal point of attention.

China added 75 international air cargo routes in the first four months of 2025, with nearly 90 percent of the new routes connecting to destinations in Asia and Europe, China Media Group (CMG) reported Tuesday, citing the China Federation of ...

China's five-day May Day holidays, which ended on Monday, have seen a surge in domestic travel and spending, with 314 million trips made nationwide as local governments launched various tourism products, cultural activities and consumer-friendly measures. The “integration of tourism ...

John Lee Ka-chiu, chief executive of the Hong Kong Special Administrative Region (HKSAR), said on Tuesday that he will lead a business delegation to visit Qatar and Kuwait starting on Saturday, bringing more than 50 business representatives from both the ...