Analysts: China not necessarily relying on Nvidia for chips, ecosystem
Despite the United States greenlighting exports of Nvidia’s H200 artificial intelligence chips to approved Chinese customers, industry experts cautioned on Tuesday that demand in China may fall short of expectations,…
China set to expand opening-up while boosting consumption: commerce minister
China will continue to push forward high-standard opening-up while bolstering domestic consumption to support high-quality development, according to the country’s top commerce official. In an interview with People’s Daily on…
Investing in children focus of CCG forum
As China and the world confront demographic shifts and rising development challenges, experts from domestic and international organizations have called for stronger global cooperation to invest in children and strengthen…
China’s central bank to conduct 1-trillion-yuan outright reverse repo operation
BEIJING – The People’s Bank of China (PBOC), the country’s central bank, on Thursday said that it will conduct a 1-trillion-yuan ($141.4 billion) outright reverse repo operation on Friday to…
China-France trade up 4.1% in first 10 months
BEIJING – Trade between China and France rose 4.1 percent year-on-year to $68.8 billion from January to October, the Ministry of Commerce said on Thursday. Two-way investment increased steadily and…
China’s spherical graphite exports to the EU fall 50% from their 2022 peak
Reconciling China Customs data with EU trade statistics is difficult because the EU does not use a specific import code for spherical graphite, whereas China does. Two years have now…
Report: rare earth export licenses granted to 3 Chinese companies
Three Chinese companies have obtained general export licenses for rare-earth–related items from the government, according to Shanghai Securities News. The companies — JL MAG Rare-Earth Co, Beijing Zhong Ke San…
State Grid and China Telecom successfully transfer computing power across provinces
The State Grid Shanghai Electric Power Co, together with China Telecom, ran a successful technical test of rapidly transferring multi-task computing power across provinces between Shanghai and Fujian province on…
Number of air passengers up 8% in 2024
In 2024, the total number of passengers travelling by air in the EU was 1.1 billion, an increase of 8.3% compared with 2023 (973 million). Data show that in 2024,…
China spends 35.5 billion yuan on work-for-relief programs to boost employment
BEIJING — Investment from the central government budget toward the work-for-relief programs has totaled 35.5 billion yuan (about $5 billion) in 2025, with these programs expected to create more than…