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Policy
China's industrial firms report faster profit growth amid policy support
China's industrial profits grew at a faster pace in the first four months of 2026, buoyed by effective macro policies and the performance of new growth drivers, including equipment manufacturing and high-tech manufacturing. China's major industrial firms, those with an annual main business revenue of at least 20 million yuan (about 2.93 million U.S. dollars), saw their combined profits rise 18.2 percent year on year in the January-April period, 2.7 percentage points faster th
16 hours ago
Economists call for closer China-US AI cooperation
As China and the United States race to expand their artificial intelligence capabilities, economists said the two countries need closer cooperation on global governance and safety standards to better manage the technology's potential risks. Although the US continues to lead in frontier AI research, large-scale models and computing power, economists said that China is rapidly catching up and has developed strengths in integrating AI into manufacturing, consumer services and ot
2 days ago
China moves to provide basic public services based on residence
China's State Council has issued guidelines on providing basic public services based on where people actually live, rather than the location of their household registration, as part of efforts to support the country's people-centered new type of urbanization. The guidelines aim at ensuring that residents without local household registration enjoy the same access to basic public services as those with local household registration, known as "hukou," according to a notice issued
6 days ago
China to extend visa-free policy for Russian citizens until end of 2027
To continuously facilitate personnel exchanges between China and Russia, China has decided to extend the visa-free policy for Russian citizens to Dec. 31, 2027, Chinese foreign ministry spokesperson Guo Jiakun said on Wednesday. Guo made the remarks in response to a question about new outcomes achieved during Russian President Vladimir Putin's visit to China. Ordinary passport holders from Russia can stay visa-free for no more than 30 days for business, tourism, visiting fam
7 days ago
Economy
China's consumer market posts steady growth in Jan.-April
China's consumer market maintained stable performance in the first four months of 2026, as a raft of pro-consumption policies continued to take effect, according to the Ministry of Commerce. In April, demand for green and smart products remained robust. Data from the ministry showed that sales of smart glasses on major monitored platforms surged 5.9-fold year on year last month, while sales of handheld cameras rose 26.9 percent from a year earlier. The country's new energy ve
3 days ago
Expo set to boost China-US business ties
Companies and institutions from the United States have ranked first among foreign exhibitors at the China International Supply Chain Expo for four consecutive years, from the inaugural event to this year's fourth edition, the China Council for the Promotion of International Trade said on Friday. The US business community's active participation, experts said, underscores the enduring pull of the Chinese market and the deep integration of US supply chains with China's manufactu
5 days ago
China to conduct 600 billion yuan lending facility operation
The People's Bank of China on Friday announced that it will carry out a 600-billion-yuan (about 87.7 billion U.S. dollars) one-year medium-term lending facility (MLF) operation on May 25, aiming to maintain adequate liquidity in the country's banking system. The central bank said this MLF operation will be conducted through variable-rate tenders with a fixed quantity, using a multiple-price auction. With a 500-billion-yuan MLF maturing this month, the move will result in a ne
5 days ago
China's postal industry maintains steady growth in first four months
China's postal industry recorded stable growth in both revenue and delivery volume in the first four months of 2026, data released by the State Post Bureau showed on Wednesday. From January to April, the postal sector handled 70.16 billion parcels, up 4.1 percent year on year. Express deliveries accounted for 64.57 billion parcels, growing 5.1 percent. A postal worker packs mail at the township branch of China Post in Chunhua township of Hunchun city, Northeast China's Jilin
May 20
Culture
Call to integrate cultural heritage with modernity
Participants at a forum on cultural heritage preservation and inheritance agreed on Friday that it's important to strengthen the systematic protection of cultural heritage, promote the coordinated conservation of tangible and intangible cultural heritage, and integrate cultural heritage into modern life and empower urban development. Scholars in cultural heritage conservation and officials from relevant authorities gathered together for the subforum, with the theme of buildin
5 days ago
Conservation efforts boost population of wild flora, fauna
China is witnessing a paradigm shift in biodiversity conservation efforts — from damage control to systematic restoration — with the threat levels of nearly 500 species of wild flora and fauna downgraded and more than 300 rare and endangered species reporting steady growth in population. Huang Runqiu, minister of ecology and environment, said this progress can be attributed to the nation's continuing endeavors to intensify its conservation mechanism by implementing a series o
5 days ago
Group wedding ceremony held in China's Tianjin
Newlyweds participate in a group wedding in Jizhou District, north China's Tianjin, May 20, 2026. A group wedding ceremony, combining traditional Chinese cultural charm with a new civilized trend, was held here on Wednesday. Fourteen newly married couples in traditional Chinese costumes attended the group wedding following traditional wedding rituals while embodying the positive spirit of new-style practices. (Xinhua/Li Ran) (Xinhua)
May 20
FIFA officials meet Chinese broadcaster over World Cup rights negotiations
FIFA officials visited Beijing on Thursday for talks with Chinese football authorities and state broadcaster CCTV as negotiations continued over television rights for upcoming World Cups, according to Chinese media reports. FIFA Secretary General Mattias Grafström and Executive Office Director Daniel O'Toole toured Beijing's Workers' Stadium on Thursday alongside Chinese Football Association vice president Yang Xu. The visit comes as FIFA and CCTV remain in negotiations over
May 16
Science & Technology
China has goal of sending astronauts to the moon by 2030
The Tiangong space station program will provide strong support for realizing China's goal of sending astronauts to the moon by 2030, according to a spokesman for the China Manned Space Agency. Zhang Jingbo, who is also a senior engineer at the agency, said at a news conference on Saturday at the Jiuquan Satellite Launch Center that Tiangong, as a national-level space laboratory, can support manned lunar exploration in three major aspects. "First, our crewed spaceflight missio
3 days ago
China unveils Shenzhou-23 crew for space station mission
Chinese astronauts Zhu Yangzhu, Zhang Zhiyuan and Li Jiaying, or Lai Ka-ying in Cantonese, will carry out the Shenzhou-23 crewed spaceflight mission, with Zhu serving as the commander, the China Manned Space Agency announced on Saturday. The Shenzhou-23 crewed spaceship is scheduled to be launched at 11:08 p.m. Sunday (Beijing Time) from the Jiuquan Satellite Launch Center in northwest China, said Zhang Jingbo, spokesperson of the agency at a press conference. The three astro
5 days ago
China completes 537-day deep-sea material corrosion test
China State Shipbuilding Corporation announced on Saturday that its researchers recently completed a 537-day deep-sea material corrosion test at a depth of 10,000 meters. The test, which set a new duration record, was conducted in an "extremely harsh environment" featuring high pressure, low temperature, high salinity and extremely low dissolved oxygen, the company said. Overcoming multiple challenges, the research team established an effective, ultra-low consumption power ma
5 days ago
Climate warming reduces oxygen in global rivers: study
A new study has found that climate warming is driving a widespread and sustained loss of oxygen in rivers around the world, putting freshwater ecosystems at risk. The study, published in the journal Science Advances, was conducted by a research team led by researchers from the Nanjing Institute of Geography and Limnology under the Chinese Academy of Sciences (NIGLAS). The researchers analyzed nearly 40 years of data from more than 21,000 river reaches across the globe. They u
May 16
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