China's financial risks are generally controllable; financial security fundamentals are very solid: official
China's financial risks are generally controllable; financial security fundamentals are very solid: official
ByteDance denies US media report of being approached for divesting TikTok
Chinese technology firm ByteDance, short video platform TikTok's parent company, on Sunday denied reports that it had been approached by a US business executive for a potential deal to acquire TikTok, stressing that its founder Zhang Yiming has held no such talks with anyone. US lawmakers are currently pushing for a bill that would force […]
Japanese firms see promising market in China, space for expansion
The Government Work Report submitted Tuesday to China's national legislature for deliberation during the ongoing annual two sessions has generated strong confidence among Japanese enterprises in China as it shows the Chinese government's determination to keep promoting opening-up and optimizing the business environment for foreign-funded enterprises. Multiple Japanese enterprises stated in interviews with the Global […]
China vows to ratchet up technology R&D, channeling more resources to support young talent: government minister
China's Minister of Science and Technology Yin Hejun pledged on Tuesday to work out favorable policies and provide more resources to support young talent and scientific researchers under the age of 35, and try to optimize China's talent reserve and their training mechanism. Youth talent training in science and technology sector should be emphasized as […]
AI technology in spotlight during two sessions
As the global artificial intelligence (AI) industry kicks off a new wave of development enthusiasm, AI technology is set to be a hot topic during the two sessions, with a number of members of the Chinese People's Political Consultative Conference (CPPCC) National Committee saying that in the AI arena, China should adhere to independent innovation, […]
Passenger flights between China, US to increase to 100/week from March 31: official
Chinese and US airlines will increase passenger flights from March 31, an official of the Civil Aviation Administration of China (CAAC) said on Thursday, a positive sign of flight recovery between the two countries. Starting on March 31, airlines from China and the US can operate a total of 100 scheduled round trips per week, […]
China’s EV players largely surprised with Apple’s move to wind up ‘Project Titan’
Multiple electric vehicle industry players and industry insiders are largely surprised as they commented on Apple's latest move to wind up its electric car effort, called Project Titan, while shifting its resources to artificial intelligence (AI) innovation and development. Li Xiang, founder and CEO of Chinese EV maker Li Auto, said on his Weibo account […]
Now it's time to phase in market-oriented, law-based, internationalized oversight system to guide China's stock market growth: scholar
Editor's note: On the first working day after the Spring Festival, China Securities Regulatory Commission held more than 10 back-to-back meetings with a wide range of market participants to solicit suggestions on equity market regulation, risk prevention and high-quality development. Tian Xuan, vice president of the Tsinghua University PBC School of Finance, attended the discussions. […]
Shanghai index reaches 3000 points on Friday morning, recovering all the year's losses
China's benchmark Shanghai Composite Index once reached and surpassed 3000 points on Friday morning trading, recovering all the losses since the beginning of 2024. As of press time, the index increased 0.02 percent, rising from 2635.09 to 2988.87 during the nine trading days until Friday. "With the recent rapid repair of market sentiment, the Shanghai […]