Month: May 2025

<img src='https://news.cgtn.com/news/2025-05-31/German-hidden-champions-eye-deeper-cooperation-with-China-1DP445tgk00/img/d51f51033bd64c609fe5d01832767ce0/d51f51033bd64c609fe5d01832767ce0.jpeg' alt='The China-Germany (China-Europe) Hidden Champions Forum 2025 held in Beijing from May 25 to 27, 2025. /CMG' European business and industry leaders widely emphasized the importance of investment and collaboration in the Chinese market, at the China-Germany (China-Europe) Hidden Champions Forum 2025 held recently in Beijing. “Hidden Champions” refer to highly successful yet little-known small and medium-sized enterprises (SMEs) that lead the global market in their specific niches. Of the 2,734 such firms worldwide, the vast majority are based in Europe. Germany alone is home to over 1,300. After the forum’s debut in…

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<img src='https://news.cgtn.com/news/2025-05-30/CCPIT-China-s-foreign-trade-holds-firm-despite-global-headwinds-1DNu8DHt21i/img/28058d20b46e4cc081de14ecd10d3c25/28058d20b46e4cc081de14ecd10d3c25.png' alt='Cargo ships depart from Qingdao Port, Shandong Province, east China, May 29, 2025. /VCG' China’s foreign trade sector held firm against a surge in global trade disputes during March, the China Council for the Promotion of International Trade (CCPIT) said on Friday. At its May regular press briefing, CCPIT released the global economic and trade friction index for March. The composite index stood at 126, indicating a high level of global trade tensions. The value of trade measures involved increased by 26.1 percent year on year and surged…

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<img src='https://news.cgtn.com/news/2025-05-30/China-s-electric-vehicle-brands-drive-global-green-transformation-1DNy8OtxHnW/img/c47a7d770cc94cf591fed4fb55eae2ae/c47a7d770cc94cf591fed4fb55eae2ae.png' alt='A BYD vehicle carrier ship departs on its maiden voyage to Brazil in Taicang Port, Jiangsu Province, China, April 27, 2025. /VCG' Editor’s note: Guo Bowei is an associate professor at the School of Applied Economics at Renmin University of China, and Huang Xuechen is a graduate student in Carbon Economics at the School of Applied Economics at Renmin University of China. The article reflects the authors’ opinions and not necessarily the views of CGTN. In the game of Go, the term houshi, or “thick influence,” refers to a…

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Despite current global trade uncertainties, China’s shipping industry continues to thrive. The country’s break-bulk cargo exports are seeing steady growth, with major ports facilitating the movement of oversized industrial goods to emerging markets worldwide. CGTN reporter Wang Tianyu reports from the bustling port city of Yantai in east China.

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<img src='https://news.cgtn.com/news/2025-05-29/Guangzhou-boosts-business-climate-for-tech-culture-and-gaming-1DM9li01UwE/img/645d6b6ed18f4debb4aa58981f88bbf3/645d6b6ed18f4debb4aa58981f88bbf3.jpeg' <img src='https://news.cgtn.com/news/2025-05-29/Guangzhou-boosts-business-climate-for-tech-culture-and-gaming-1DM9li01UwE/img/645d6b6ed18f4debb4aa58981f88bbf3/645d6b6ed18f4debb4aa58981f88bbf3.jpeg' <img src='https://news.cgtn.com/news/2025-05-29/Guangzhou-boosts-business-climate-for-tech-culture-and-gaming-1DM9li01UwE/img/645d6b6ed18f4debb4aa58981f88bbf3/645d6b6ed18f4debb4aa58981f88bbf3.jpeg' Guangzhou City, south China’s Guangdong Province, is stepping up efforts to optimize its business environment for the tech, cultural and gaming industries, with the South China Copyright Service Hall working to provide copyright training, end-to-end copyright services and financing solutions.  Located in Huangpu District, the Service Hall seeks to leverage its integrated copyright service system and become a powerhouse for cultural, creative, and tech enterprises across the Guangdong-Hong Kong-Macao Greater Bay Area and the surrounding regions.  According to the National Copyright Administration, China recorded…

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After an economic and trade meeting in Geneva earlier this month eased trade tensions between China and the United States, orders from U.S. purchasers have soared, and the shipping services have been running at full capacity, a Chinese Foreign Ministry spokesperson said on Wednesday. “This fully reflects the huge demand from each of the two countries,” spokesperson Mao Ning said at a regular news briefing. Mao’s remarks follow comments from Michael Hart, president of the American Chamber of Commerce in China, at the Global Trade and Investment Promotion Summit 2025…

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<img src='https://news.cgtn.com/news/2025-05-28/China-PICs-roundtable-on-rural-revitalization-held-in-East-China-1DKnbelcdYk/img/5edf0ec9580a4680952a03537990b6c0/5edf0ec9580a4680952a03537990b6c0.png' alt='Official release of the China-Pacific Island Countries International Friendship Cities Association during a roundtable in Liaocheng City, east China's Shandong Province, May 28, 2025. /CGTN' The China (Shandong)-Pacific Island Countries (PICs) roundtable on rural revitalization cooperation and exchange, also the third anniversary celebration of the China-Pacific Island Countries Climate Action Cooperation Center, was held in Liaocheng City, east China’s Shandong Province, on Wednesday. More than 120 people attended the event, including government officials, experts, scholars and business representatives from China and nine Pacific Island Countries. Participants at the…

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Editor’s Note: Zhu Xuan is a researcher at the Research Center for Pacific Island Countries (RCPIC) of Liaocheng University in east China’s Shandong Province. The article reflects the author’s opinions and not necessarily those of CGTN. As an important part of the Global South, the Pacific Island Countries (PICs) have gained increasing prominence on the international stage in recent years.  China and the PICs share a long-standing friendship, which has deepened through multidimensional cooperation under the framework of South-South collaboration.  Since 2021, China has established a series of cooperation mechanisms…

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Editor’s note: Ge Lin is a CGTN economic commentator. This article reflects the author’s opinions and not necessarily the views of CGTN. At the inaugural Association of Southeast Asian Nations (ASEAN)-Gulf Cooperation Council (GCC)-China Summit, Chinese Premier Li Qiang urged the three parties to explore new models of international industrial and economic cooperation. He also articulated China’s readiness to deepen strategic alignment with both ASEAN and the GCC, enhance macroeconomic policy coordination, and foster a partnership grounded in mutual respect and equal treatment. This initiative offers a timely and constructive…

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The 7th Western China International Fair for Investment and Trade wrapped up in Chongqing, southwest China, attracting over 1,300 companies and institutions from 39 countries and regions. With investment agreements exceeding 200 billion yuan ($27.8 billion) and a strong focus on advanced manufacturing and modern services, the event showcased Western China’s rising global influence. International participants praised the fair as a dynamic platform for cross-border collaboration and cultural exchange.

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Editor’s Note: CGTN launches a new series called BizFocus, where anchors and reporters explore the most vibrant business sectors and events in China. Through in-depth interviews with industry experts and on-the-ground coverage, we bring you the latest developments and trends in various business sectors. China’s Danyang, one of the world’s largest lens manufacturing centers, produces more than 400 million pairs of lenses annually and supplies a major share of the global market. But recent shifts in US tariff policies have cast a shadow over this “eyeglasses capital.” In this episode…

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<img src='https://news.cgtn.com/news/2025-05-25/Nearly-70-U-S-consumers-expect-higher-costs-amid-tariff-concerns-1DFgJNjU7vi/img/59b8f0f4910847ea924639bfcf08ab1e/59b8f0f4910847ea924639bfcf08ab1e.png' alt='People shop at a grocery store in Brooklyn, New York, U.S., May 13, 2025. /VCG' A growing number of Americans are bracing for higher costs as concerns mount over U.S. trade policies. According to a new Harris Poll conducted for Bloomberg News, 69 percent of U.S. adults expect everyday goods to become more expensive due to tariffs imposed by U.S. President Donald Trump. The poll reveals broad skepticism about the economic impact of these tariffs. Over half of respondents (56 percent) said their household finances would be better…

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<img src='https://news.cgtn.com/news/2025-05-25/International-expo-in-western-China-draws-over-3-000-companies-1DFvzyF1wsM/img/3cb1e5d0f1824766b92d6159d86195c6/3cb1e5d0f1824766b92d6159d86195c6.png' alt='The opening ceremony of the 20th Western China International Fair is held in Chengdu, southwest China's Sichuan Province, May 25, 2025. /VCG' The 20th Western China International Fair (WCIF) opened on Sunday in Chengdu, the capital of southwest China’s Sichuan Province, showcasing cutting-edge technologies and diverse products, and attracting more than 3,000 companies from 62 countries and regions. For the first time, this year’s event has two guest countries of honor: Laos and Hungary. Laos’ pavilion is spotlighting tea, coffee, furniture and handicrafts, while Hungary’s is presenting 17…

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<img src='https://news.cgtn.com/news/2025-05-24/BEYOND-Expo-2025-spotlights-AI-frontiers-and-China-s-tech-prowess-1DDfsG0woDK/img/709733bd021545f5a5186bd20ef6c18b/709733bd021545f5a5186bd20ef6c18b.jpeg' alt='Robots attract attention at BEYOND Expo 2025. /BEYOND Expo' BEYOND Expo 2025, one of Asia’s largest innovation and sustainability event, commenced on Wednesday in China’s Macao Special Administrative Region, drawing over 800 global enterprises.  The event showcased breakthroughs in artificial intelligence (AI), augmented reality (AR) /virtual reality (VR) /extended reality (XR), robotics, smart mobility, sports tech, and more. The AI Summit took center stage on Friday, uniting experts and industry leaders to explore AI’s evolving role and China’s growing influence in the global tech landscape. Zack Kass, former…

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<img src='https://news.cgtn.com/news/2025-05-24/China-steps-up-support-for-social-participation-of-seniors-1DDNGBL3Q52/img/6d4d2062b7fb4eb19b9f37a8bd51a58f/6d4d2062b7fb4eb19b9f37a8bd51a58f.png' alt='Volunteers and elderly residents make rice dumplings together at a community in Lianyungang, east China's Jiangsu Province, May 21, 2025. /VCG' From promoting volunteer service and expanding lifelong learning opportunities to developing senior-friendly tourism offerings, China is taking proactive steps to enhance social engagement among the elderly and support their pursuit of active, meaningful lives. These measures, laid out in a guideline released recently by 19 government departments, came as the country grapples with a rapidly aging population. Home to the world’s largest elderly demographic, China had over…

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Zhejiang Province will make full use of existing cooperation platforms, such as the China-CEEC Expo, to further expand imports from Central and Eastern Europe,  said Shi Qiqi, deputy director of Zhejiang’s Provincial Department of Commerce. He added that Zhejiang will actively support its competitive industries in expanding their global presence, thereby strengthening economic and trade relations with Central and Eastern European countries.

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At the 4th China-Central and Eastern European Countries Expo in Ningbo, CGTN’s Cui Yingjie teams up with Meira Hot, vice-president of the Slovenian National Assembly, and State Secretary Matevž Frangež to showcase Slovenia’s cutting-edge green tech — from electric aircraft and foldable skis and beyond. Get ready to be amazed by all things Slovenian!

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The 4th China-CEEC Expo is taking place in Ningbo, east China’s Zhejiang Province, from May 22 to 25. This year, Slovakia participates with over 40 companies showcasing products spanning food and beverages, renewable energy, aviation technology, and academic collaborations. Richard Rasi, chairman of the Slovak National Council, told CGTN’s Xu Jinhui how Slovakia combines high-quality products, high-quality technologies, and academic institutions. Rasi aims to facilitate partnerships between Chinese and Slovak companies, ultimately enhancing bilateral trade between the two countries.

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<img src='https://news.cgtn.com/news/2025-05-22/Multiple-negative-effects-of-US-reciprocal-tariffs-becoming-evident-1DAaNTqeLRu/img/cc02a9f0ff154ac6a687f63086e00148/cc02a9f0ff154ac6a687f63086e00148.jpeg' alt='Traders work on the floor of the New York Stock Exchange on Wall Street on Monday, May 19, 2025 in New York City. /VCG' Editor’s note: Peng Delei is a professor at the School of Law, East China University of Science and Technology. The article reflects the author’s opinions and not necessarily the views of CGTN. It has been translated from Chinese and edited for brevity and clarity. Recently, the US government imposed sweeping tariffs on its global trading partners while coercing them into so-called “reciprocal tariff” negotiations.…

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<img src='https://news.cgtn.com/news/2025-05-21/China-ASEAN-complete-CAFTA-3-0-negotiations-1DyxJn0Wcgw/img/165e8fe8d4874a91aed456295bbd06b8/165e8fe8d4874a91aed456295bbd06b8.png' alt='The building of Chinese Ministry of Commerce in Beijing, China. /VCG' China and the 10 Association of Southeast Asian Nations (ASEAN) countries have fully completed negotiations on CAFTA (China-ASEAN Free Trade Area) 3.0, the Ministry of Commerce said on Wednesday. The achievement was announced during a special online meeting of economic and trade ministers from China and ASEAN on Tuesday, according to the ministry. CAFTA 3.0 will send a strong signal in support of free trade and open cooperation, said an official with the ministry, noting that the…

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Every spring, thousands of farmers in China’s Heilongjiang journey to the fertile Sanjiang Plain for the annual rice planting season. In just 20 days, they can earn over 10,000 yuan, or about $1,388, a vital income boost. Our journalist Xu Yi boarded a special train where veteran farmers and young tech-savvy planters share a common goal: feeding the nation, one seedling at a time.

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From ancient dynasties to digital transformation, China seamlessly blends timeless traditions with groundbreaking innovation. As the world’s second-largest economy, it leads the way in smart cities, clean energy, and technological breakthroughs-all while safeguarding its rich cultural heritage. Meet the visionaries at the heart of this evolution-where calligraphy brushes meet coding keyboards, and age-old tea ceremonies coexist with cutting-edge AI labs. Discover how ambition and resilience are shaping a future that honors the past while redefining progress. Explore the vibrant culture and bold aspirations of a nation crafting tomorrow’s story today.…

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New Farmers: Eight Innovators and Their 1770-mu Farmland Bai Jianfeng is a farmer who’s passionate about smart agriculture. He leads a team of eight innovators who are transforming traditional farming practices in central China’s Hubei Province. By using technologies like remote sensing and intelligent pest control, they are redefining what’s possible in the future of agriculture. Their ambitious goal? To create fully unmanned farms within the next five to 10 years. In this story, we meet this innovative group and their 1770-mu farmland. New Farmers: The PhD Graduate Pioneering Organic…

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China’s economy maintained steady momentum in April, sustaining growth despite ongoing domestic and external pressures, according to key economic indicators released by China’s National Bureau of Statistics on Monday. <img src='https://news.cgtn.com/news/2025-05-19/Graphics-China-s-economy-sustains-steady-growth-in-April-1DvtagBsC52/img/cd5d30e6f3e1427dad454d3bd560c2e9/cd5d30e6f3e1427dad454d3bd560c2e9.jpeg' alt=''

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