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Germany's Huawei stance can be example for EU countries: analysts

German Chancellor Angela Merkel's reported rejection of a full Huawei ban can serve as a demonstration for other EU countries in dealing with the Chinese tech giant, and it can also consolidate ties between China and Germany and pave the way for deeper cooperation, Chinese analysts said.
Source: Global Times | 2020/9/24 19:22:30

Harmonious relationship among different ethnic groups helps alleviate poverty in Xinjiang

Tian Wei may lack confidence in speaking the Uygur language, but seems confident when it comes to planting figs together with his Uygur employees in Northwest China's Xinjiang Uygur Autonomous Region.
Source: Global Times | 2020/9/24 19:18:40

Unreliable entity list depends on foreign companies' behavior: MOFCOM

Which enterprises will be put on China's unreliable entity list, which has been viewed by some as a measure by Beijing to counter the US crackdown on Chinese companies, depends on the behavior of the enterprises themselves, the Ministry of Commerce (MOFCOM) said on Thursday.
Source: Global Times | 2020/9/24 19:03:51

China partially outperforms US in digital economy: CICC report

The size of China's digital economy still pales in comparison with that of the US in broad terms, but China outshines the US in especially e-commerce and mobile payment, according to a research report by China International Capital Corporation (CICC) on Thursday.
Source: Global Times | 2020/9/24 13:56:37

China's digital currency undergoes internal testing: central bank

The development of digital currency in China has achieved initial results and is undergoing internal testing, said a Chinese central bank official on Thursday.
Source: Global Times | 2020/9/24 13:45:23

China's digital currency undergoes internal testing: central bank official

The development of digital currency has achieved initial results and is now undergoing internal testing, said China's central bank deputy governor on Thu. The shares of digital currencies surged during morning trading.
Source: Global Times | 2020/9/24 11:20:15

WTO gets moral support from G20

Chinese World Trade Organization (WTO) experts said the world trade body received needed nominal support after the trade and investment ministers of the Group of 20 (G20) countries vowed on Tuesday to support the necessary reform of the WTO.
Source: Global Times | 2020/9/23 21:53:40

New UNCTAD data justifies China's trade and economic prowess

China's unshakable position as a global trade and economic powerhouse is once again justified by the UN Conference on Trade and Development (UNCTAD), which put China's economic growth at the top of the range over 2020-21 in its annual trade and development report on Tuesday. The numbers that speak volumes could well be traced to the nation's omnipresent manufacturing prowess that's being relied on to lift a multitude of people out of the shadow of COVID-19.
Source: Global Times | 2020/9/23 21:26:02

China increases imports of US pork, soybeans and crude oil despite tensions

China has increased its imports of US pork, soybeans and crude oil, all of which are important items in the phase one trade deal signed in January. The rise reflects the smooth progress of the deal and expanding demand for these products in China, despite deteriorating bilateral relations, experts said.
Source: Global Times | 2020/9/23 19:53:40

Macao-related tourism searches rise up to 500% as Chinese mainland tourists are able to travel

Chinese mainland tourists were able to travel to Macao with proof of a negative COVID-19 nucleic acid test less than seven days old and a green health code with no quarantine required as of Wednesday, the Tourism Office of the Macao Special Administrative Region (SAR) said on its official Sina Weibo account.
Source: Global Times | 2020/9/23 19:43:40

Huawei says 'Clean 5G' should not be defined by a single administration or some politicians

Huawei has yet to see any adverse impact on its global 5G business from the US “Clean Network” initiative, and hopes that the industry would introduce “rational standards” for 5G rather than defined by a single administration or politician, a senior executive from Huawei told the Global Times on Wednesday.
Source: Global Times | 2020/9/23 17:13:56

China's role in global economy not weakened amid geopolitical tensions: investment banker

China's role in the global economy has not been weakened amid escalating geopolitical tensions, and companies worldwide saw growth opportunities in Asia led by China, Douglas Flint, chairman of global investment firm Standard Life Aberdeen, has said.
Source: Xinhua | 2020/9/23 11:55:39

China announces measures to boost soybean sector

China's agriculture authority on Tuesday unveiled plans to boost the nation's soybean planting sector, including the establishment of a seed production base in Northeast China's Heilongjiang Province.
Source: Global Times | 2020/9/22 21:52:15

Huawei founder visits top Chinese universities on talent quest

Ren Zhengfei, founder of the technology giant Huawei, visited China's prestigious Peking University, seeking to deepen Huawei's cooperation with top institutions in China for talent, and saying he is hopeful the company will see more original and groundbreaking innovations as a result, according to a recent statement from the university.
Source: Global Times | 2020/9/22 21:43:02

China won't allow US to rob TikTok: expert

While Chinese officials have noticeably maintained public silence over the proposed restructuring plan for TikTok, there is an increasingly unmistakable signal from Beijing that it will not allow the US to rob one of the country's most globally successful apps so openly and unscrupulously, Chinese experts said on Tuesday.
Source: Global Times | 2020/9/22 21:28:40

Freight rate of American routes rises with more orders from US

On Saturday morning, lines of container lorries were waiting to discharge cargo at the Shanghai International Port (Group) Co (SIPG), while there were also many empty trucks and ships ready to load goods. Transport vehicles were moving around frequently, and about three or four cargo ships of super-large sizes sailed in to unload cargo on that same day.
Source: Global Times | 2020/9/22 21:13:40

Wary response to India's 'softening' on banning Chinese products

Chinese netizens and experts expressed caution after India's minister of electronics and information technology said last week there are no proposals to ban all China-linked mobile apps or exclude Chinese companies from 5G contracts for wireless equipment. He made the comments during a question-and-answer session in the Indian parliament.
Source: Global Times | 2020/9/22 20:19:57

Update: Australia's a small market and has never been Huawei's particular focus: company executive

Huawei's strategic pullback in Australia, as revealed by local media on Tuesday, will put additional pressure on the US' close ally, whose economy has already taken a hit from its hostility toward China, industry observers said.
Source: Global Times | 2020/9/22 19:52:22

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