China’s service trade rises 7.1% in first 11 months
BEIJING — China’s service trade maintained steady growth in the first 11 months of the year, with total imports and exports reaching over 7.2 trillion yuan (approximately $1.02 trillion), up…
Massive AI-driven energy station begins operating in Inner Mongolia
The Envision Energy’s office building in Shanghai. Envision Energy has connected the world’s largest standalone battery energy storage station to the grid in Inner Mongolia autonomous region, as China accelerates…
Generative AI driving computer power demand: researchers
Generative artificial intelligence is driving demand for computing power while reshaping how enterprises allocate information technology budgets and procure software, a number of market research institutes have said. According to…
China imposes safeguard measures on beef imports
China will impose safeguard measures on beef imports from certain countries when volumes exceed set quotas, effective from Thursday through Dec 31, 2028, the Ministry of Commerce said in an…
Gold industry hailed as major economic driver in Xinjiang prefecture
The gold industry in the Ili Kazak autonomous prefecture of China’s Xinjiang Uygur autonomous region has seen rapid growth in the last year, emerging as the prefecture’s primary industrial driver,…
China launches commercial property REITs pilot to back new real estate model
A residential property project under construction in Shanghai. China has launched a pilot program for commercial property real estate investment trusts (REITs), a key step toward using market-based mechanisms to…
China reports continued external debt stability in Q3
BEIJING — China’s total outstanding external debt stood at $2.37 trillion at the end of September, indicating overall stability in the third quarter, data from the country’s forex regulator showed…
China’s regulator clarifies securities and futures market rules
China’s securities regulator has refined rules governing the administrative commitment system for enforcement parties in the securities and futures market, further clarifying eligibility criteria and procedures to enhance policy effectiveness.…
Strong start emphasized for 2026-30 plan period
Chinese President Xi Jinping said on Wednesday that China’s gross domestic product is expected to have achieved around 5 percent growth in 2025, and he called for further efforts to…
Northern and southern Chinese cuisines meet in Beijing
Two leading Chinese chefs join forces in Beijing in late December to present a limited-time collaborative menu that brought together intangible cultural heritage cuisine from the Liaohe River region and…