Foreign exchange reserves remain stable above $3.2 trillion from Jan to Jul

China's foreign exchange reserves remained stable above $3.2 trillion from January to July, according to statistics released on Wednesday by the State Administration of Foreign Exchange (SAFE), indicating China's overall economic performance remained stable. As of the end of July, China's foreign exchange reserves reached $3.25 trillion, up $34 billion, or 1.06 percent, from the […]

Reported US ban on Chinese software in autonomous cars only harms global cooperation: experts

A reported US proposal to ban Chinese software in autonomous and connected vehicles in the coming weeks would only harm the sector's global development, Chinese observers said on Monday. They urged the US to seek win-win cooperation with China rather than bearing the potential development losses by suppressing Chinese companies through generalizing the concept of […]

Meloni’s China visit: Economic cooperation outweighs ‘de-risking’ concerns

Italian Prime Minister Giorgia Meloni is wrapping up her five-day visit to China. The tour comes on the occasion of the 20th anniversary of the establishment of the China-Italy comprehensive strategic partnership. During her stay in Beijing, the two countries signed several bilateral cooperation documents and jointly issued a three-year action plan to strengthen the […]

Growing interest in BRICS membership signals consensus among Global South

In addition to Malaysia's official application to join BRICS, Belarus and El Salvador have added more voices to a chorus of countries seeking to join the group. Experts view the countries' increasing interest as a reflection of the strong consensus among developing nations on the significance of this cooperation mechanism, which is injecting more confidence […]

Xi congratulates Maduro on re-election as Venezuela's president

Chinese President Xi Jinping on Tuesday sent a message to Nicolas Maduro, congratulating him on re-election as president of Venezuela. Separately, the Chinese Foreign Ministry spokesperson Lin Jian said at Monday’s press briefing that China congratulates Venezuela on the smooth presidential election and congratulates President Nicolas Maduro on his successful reelection. In response to a […]

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 […]

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 […]

US-led coalition in the Red Sea only 'band-aid solution'; an immediate cease-fire in urgent need to avoid spillovers

As the world's shipping and trade might be further disrupted by attacks on ships along the main Red Sea shipping route, worries among multinational companies - including Chinese ones that are entering the busiest export season - have grown. Analysts said on Wednesday that the multinational coalition headed by the US to protect trade ships […]