China’s private Caixin manufacturing PMI drops to 49.8 in July, first dip below expansion in nine months

China's private Caixin Manufacturing Purchasing Managers' Index (PMI) dropped to 49.8 in July, down 2 points from a month ago, Caixin data revealed on Thursday. A reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 points to contraction. The reading followed China's official factory activity data released by the National […]

China's foreign trade expands by 6.2% to reach $3.46 trillion in first 7 months, setting a new record

China's foreign trade in goods expanded by 6.2 percent year-on-year to reach 24.83 trillion yuan ($3.46 trillion) in the first seven months this year, setting a new record high, customs data showed on Wednesday, buoyed by the country's manufacturing strength, robust overseas demand, as well as the diversification of its commerce overseas. The brisk data […]

US anti-doping agency displays double standards, cross-border jurisdiction to cover own flaws: CHINADA

China's Anti-Doping Agency (CHINADA) released a statement on Tuesday, saying that the United States Anti-Doping Agency (USADA) has once again displayed typical double standards trying its best to clear American athletes on one hand, but on the other hand accusing CHINADA and the World Anti-Doping Agency (WADA) of "covering up the truth" and demanding sanctions […]

US power politics reaches out to pure land of Olympics once again: Global Times editorial

Once again, Washington politicians have extended their control through long-arm jurisdiction to the sanctity of the Olympics. On July 30, US bipartisan lawmakers proposed the so-called "Restoring Confidence in the World Anti-Doping Agency (WADA) Act," planning to permanently provide the Office of National Drug Control Policy the authority to withhold up to the full amount […]

Beijing remains the 7th on the International Exchange Centers Index with obvious advantages in scientific innovation, historical and cultural resources

Beijing remains seventh on the International Exchange Centers Index 2024 with obvious advantages in growing influence in international affairs, increasing strength in scientific innovation and a rich historical and cultural heritage, the Global Times learned at a press conference of the report at Tsinghua University in Beijing on Wednesday. The ranking remained unchanged from 2023 […]

Chinese eagerly discuss ‘planting veggies’ on lunar surface following ground-breaking discovery

Following a significant finding by Chinese researchers that for the first time in human history hydrated mineral containing molecular water was found in lunar soil, Chinese netizens started heated discussions over the possibility of growing a variety of vegetables, fruits and flowers on the moon, with the hope of turning Earth's neighbor into another "home […]

Chinese, Indian FMs meet, agree to promote progress in border affairs consultations

Chinese Foreign Minister Wang Yi met with Indian External Affairs Minister Subrahmanyam Jaishankar in Vientiane, Laos, on Thursday and the two sides agreed to jointly commit to maintaining peace and tranquility in the border areas and promote new progress in border affairs consultations. Wang, also a member of the Political Bureau of the Communist Party […]

China's economy is not experiencing Japan-style 'balance sheet recession'

Since the outbreak of the COVID-19 pandemic, the pressure on the real estate market and fluctuations in the stock market have caused asset-side shocks, resulting in adjustments to the balance sheets of various sectors of China's real economy. This has, to some extent, restrained the expansion of total demand and hindered the economic recovery. A […]

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 […]