China opens ten nuclear technology research facilities to the world to enhance international cooperation

China National Nuclear Corporation (CNNC) has opened ten of its nuclear technology research facilities and testing platforms, including China's new-generation "artificial sun" Huanliu-3 (HL-3) tokamak, to the world for the first time. The move will further enhance China's influence in nuclear science and technology globally, injecting strong "nuclear power" into promoting win-win cooperation worldwide, the […]

China's investments in high-tech industries surge 9.4% in first two months of 2024: NBS data

China's investment in high-tech industries in the first two months this year rose 9.4 percent year-on-year, with investment in high-tech manufacturing growing by 10 percent and high-tech services rising by 7.8 percent, Liu Aihua, a spokesperson for the National Bureau of Statistics (NBS), said on Monday, underscoring the nation's ramped-up efforts in propelling new quality […]

Nongfu Spring clarifies packaging controversy, stating it is based on China's architecture design, not Japan

Chinese bottled water giant Nongfu Spring responded on Thursday to the online controversy over the packaging design of its Oriental Leaf Green Tea drink, stating that the architectural pattern on the packaging is inspired by Chinese temples, not Japanese ones, and that the text on the bottle is about Japanese tea culture originating from China. […]

Government Work Report charts path toward building financial powerhouse

Chinese Premier Li Qiang on Tuesday delivered the Government Work Report to the second session of the 14th National People's Congress (NPC). It set a number of key economic goals, including setting this year's GDP growth rate at around 5 percent while outlining a clear blueprint for China's economic work this year.  I am impressed […]

Government Work Report calls for invigorating China through heavy investment in science and education

Invigorating China through science and education was listed among the 10 major tasks in this year's Government Work Report, reflecting the emphasis Chinese policymakers have attached to the vital area as China climbs up the global technological ladder. Key tasks were outlined by Chinese Premier Li Qiang in the Government Work Report delivered to the […]

Government Work Report calls for invigorating China through heavy investment in science and education

Invigorating China through science and education was listed among the 10 major tasks in this year's Government Work Report, reflecting the emphasis Chinese policymakers have attached to the vital area as China climbs up the global technological ladder. Key tasks were outlined by Chinese Premier Li Qiang in the Government Work Report delivered to the […]

China's private Caixin Manufacturing PMI up to 50.9 in February

China's private Caixin Manufacturing Purchasing Managers' Index (PMI) recorded a month-on-month expansion in February, pointing to robust business activities among small and private enterprises. The official manufacturing PMI, also released on Friday, indicated a better production outlook following the Chinese New Year holidays. As the first major economic barometer in February, the PMI showed that […]

Without China’s market, US-SK ‘industry alliance’ to lose luster

US Secretary of Commerce Gina Raimondo and Ahn Duk-geun, the South Korean minister for trade, industry and energy, held a telephone conversation on Tuesday. In their conversation, Ahn expressed willingness to enhance industrial cooperation with the US and called for more support over the Inflation Reduction Act (IRA), CHIPS Act subsidies and other trade issues. […]

MOFCOM blasts US’ trade report, urging Washington to stop bullying and smearing China

China's Commerce Ministry (MOFCOM) on Monday blasted the US government's distortion of facts by claiming that China's justified trade measures are "economic coercion," saying that China is firmly opposed to the US unilateralism and its bullying practice. Recently, the US Trade Representative Office published a report on China's WTO compliance, which denies China's achievements in […]