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China's economy to be back on track soon: official

China's economy will return to normal operations soon thanks to effective epidemic control and a raft of policies, an official said Tuesday (May 17).

Shanghai releases phased plan to get back to normal

Authorities are also planning to gradually increase the number of trains leaving and arriving in Shanghai, while domestic flights to Shanghai will also be resumed in the coming weeks.

China urges G7 to cease interfering in its internal affairs

China urged the Group of Seven (G7) to stop smearing China and interfering in China's internal affairs.

Chinese FM meets ROK's new FM via video link

On Monday (May 16), Chinese State Councilor and Foreign Minister Wang Yi met with Park Jin, the new foreign minister of the Republic of Korea (ROK), via video link.

Chinese yuan strengthens to 6.7854 against USD Tuesday

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 17 pips to 6.7854 against the U.S. dollar Tuesday (May 17), according to the China Foreign Exchange Trade System.

Opinion | Shanghai's light at the end of the tunnel

On Monday morning, China announced that 15 out of 16 districts in Shanghai had now achieved a state of "zero-COVID", or in other words, community transmission had been broken. It comes amidst a phased reopening of certain businesses commences in the city.

China's economy expected to recover gradually from Omicron impacts: spokesperson

China's economy is expected to recover gradually as the country achieves major anti-epidemic outcomes and pro-growth policies take effects, Fu Linghui, spokesperson for the National Bureau of Statistics, said Monday (May 16).

China's average surveyed urban unemployment rate at 5.7% in Jan-Apr

China's average surveyed urban unemployment rate stood at 5.7 percent in the first four months of this year, official data showed Monday (May 16).

Chinese scientists develop mosaic vaccine for protection against COVID-19 variants

Chinese scientists have developed a mosaic nanoparticle candidate COVID-19 vaccine that can protect against the infections of COVID-19 variants.

China's retail sales down 0.2% in January-April

China's retail sales of consumer goods went down 0.2 percent year on year in the first four months of this year, the National Bureau of Statistics (NBS) said Monday.

How Xi's economic philosophy promotes global governance

"The right way forward for humanity is peaceful development and win-win cooperation," Chinese President Xi Jinping told the 2022 World Economic Forum (WEF) virtual session in mid-January, offering China's solutions to global challenges, including the COVID-19 pandemic.

Xi sends congratulatory message to new UAE president

Noting that the Chinese government and people cherish the China-UAE friendship, Xi said he believes that the China-UAE comprehensive strategic partnership will see continuous consolidation and development with joint efforts from both sides.

China's self-developed floating airship breaks record

According to its developer, China's self-developed floating airship, designed for atmosphere observation, reached a record altitude of 9,032 meters in Tibet Autonomous Region on Sunday.

Listed entities in China see highest profits in 11 years

As of April 30, a total of 4,804 listed firms had released their annual financial reports for 2021. The financial reports showed that their total business revenue reached 66.3 trillion yuan and their net profits totaled 5.1 trillion yuan, a year-on-year increase of 19.3 percent and 19.8 percent, respectively.

Australian state looks to strengthen ties with China

Chinese Ambassador to Australia Xiao Qian visited the state between Thursday and Saturday, meeting some officials, business people, and those from cultural and educational backgrounds.
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