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 […]

Harmony and peace ‘guide to resolving a chaotic world’

The harmony and peace seen in China's time-honored Hehe culture is needed now more than ever in today's world, which is suffering from dreadful conflicts and tense wars, said experts and officials from China and abroad at the 2023 Global Forum on Hehe Culture on Tuesday. Kicking off in Tiantai county, East China's Zhejiang Province, […]

Nigeria: Embassy diplomats experience the Traditional Chinese Medicine culture

An event to promote Traditional Chinese Medicine (TCM) was held at the Nigerian Embassy in Beijing, themed "Promote Chinese Medicine and Global Health."  The event was attended by the Nigerian Ambassador to China Baba Ahmad Jidda, Nigerian Deputy Ambassador Fumen Tyeni Dogo, Secretary General of the China Information Association of Traditional Chinese Medicine Kang Xiaofei, […]

China, ASEAN gain greatly from each other as neighbors, friends, and partners: ASEAN Secretary-General

Editor's Note: Relations between China and the ASEAN have continued to improve since the establishment of ASEAN-China Dialogue Relations in 1991. Over the last 30 years, the China-ASEAN relationship has achieved remarkable development and brought about tangible benefits for more than 2 billion people in 11 countries. China and the ASEAN have pursued the right […]

Hangzhou hard to say goodbye; it's a new starting point: Global Times editorial

As the schedule of the Hangzhou Asian Games enters its final day, with continuous teasers about the closing ceremony's highlights, this pan-Asian sports event is about to come to a close. A poet says "when I recall Jiangnan, Hangzhou brings back most of my memories." Hangzhou has fulfilled its promise of hosting a perfect Asian […]

China to build constellation of very-low Earth orbit satellites

China is planning on building up a constellation of very-low Earth orbit satellites, and the first launch will be this September, the Global Times learned from China Aerospace Science & Industry Corporation (CASIC) on Wednesday. Very-low Earth orbit refers to an altitude of 150 to 300 kilometers away from the Earth. Compared with traditional orbits, […]