Taiwan Semiconductor Manufacturing Co (TSMC) officially opened Japan's most advanced wafer fab in Kumamoto on Saturday, Taiwan media outlets reported.  However, the plant, which has been long anticipated by politicians on the island of Taiwan and in Japan, may find it hard to bring the expected economic benefits to its parent company. Many believe the […]

The US' plan to invest billions in domestic manufacturing of cargo cranes to replace ones made in China due to so-called potential "national security risks" is absurd and unlikely to succeed, experts said. The Wall Street Journal reported on Wednesday that the administration of President Joe Biden plans to invest billions in the domestic manufacturing […]

China is striving to complete negotiations on version 3.0 of the China-ASEAN Free Trade Area (FTA) in 2024 amid a "rich agenda" for FTA negotiations in a bid to further advance high-standard opening-up, Chinese vice minister of commerce Wang Shouwen told a press conference on Friday.  China's active engagement in FTA talks reflects China's commitment […]

China-Switzerland cooperation has bright prospects and China's visa-free policy for Switzerland will facilitate bilateral economic ties, said Felix Sutter, president of the Swiss-Chinese Chamber of Commerce (SCCC). China's visa-free policy has been hailed by Swiss business communities. It allows Swiss entrepreneurs and professionals to serve the Chinese economy and clients in China better and faster, […]

Four home-made C919 aircraft from China Eastern Airlines will serve the upcoming Chinese Lunar New Year, as the 40-day travel peak which starts on Friday, China Eastern said on Wednesday.  The four planes will fly the routes between Beijing and Shanghai, Shanghai and Chengdu in Southwest China's Sichuan Province.  China Eastern welcomed its fourth C919 […]

There has been a lot of discussion about the rise or fall of China-US trade, but less attention has been paid to another important participant in global industry chains - Southeast Asia. A Bloomberg article said Monday that for the first time, China exported more to Southeast Asia in 2023 than to the US. If […]

On January 13, the "ANNUAL REPORT ON HENAN'S ENERGY DEVELOPMENT (2024)" (2024 BLUE BOOK OF HENAN'S ENERGY), jointly compiled by State Grid Henan Economic Research Institute and Henan Academy of Social Sciences, was officially released. The book is the eighth annual report of the Blue Book series, with a total of 22 special reports on […]

China's economy ended 2023 on a positive note, recording a year-on-year GDP growth of 5.2 percent and surpassing the set target.  In December, with the effective implementation of various macroeconomic policies, the national economy maintained the stable recovery momentum, with most indicators rebounding or stabilizing, excluding the real estate sector. Looking back to the quarterly […]

A presentation of the book Biography of Samarkand – One Hundred Cities on the Silk Road was successfully held at the Embassy of Uzbekistan in Beijing on Monday. The book was written by 11 Uzbek scientists. It vividly elaborates on the history of the ancient city of Samarkand, known as the pearl of the Silk Road. It describes […]

Under China's meditation and facilitation efforts, a formal ceasefire agreement has been reached between the Myanmar military and three ethnic armed groups in northern Myanmar, namely the Myanmar National Democratic Alliance Army, the Ta'ang National Liberation Army, and the Arakan Army, after the two sides held peace talks in the city of Kunming in Southwest […]