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Xinjiang industrial park puts 5,000 semiconductor test lines into operation

Operations have begun at 5,000 semiconductor test production lines with a total investment of 10 billion yuan ($1.42 billion) in Horgos, Northwest China's Xinjiang Uygur Autonomous Region. Experts believe these ...
Source: Global Times | 2020/7/14 22:08:40

China orders more than 4 million tons of US soybeans in June: export council

China is actively carrying out the phase one trade deal despite the coronavirus impact, including ordering more than 4 million tons of soybeans from the US in June, data obtained ...
Source: Global Times | 2020/7/14 21:58:40

France reduces China flights, aiming to win 'bargaining chips' as sector recovers: experts

France's aviation authority will restrict passenger flights from China to only one per week, saying the move was in response to Beijing's travel curbs, even though China has offered to ...
Source: Global Times | 2020/7/14 21:53:40

HK finance chief says more funds flowing to the city

Capital has continued to flow into Hong Kong, said Hong Kong Financial Secretary Paul Chan Mo-po Tuesday, two weeks after the national security law for Hong Kong took effect.
Source: Global Times | 2020/7/14 20:03:40

China approves first intl flights under COVID-19 reward mechanism

China's aviation regulator on Tuesday approved the first batch of international flights in accordance with its reward and penalty mechanism designed to contain imported COVID-19 cases.
Source: Global Times | 2020/7/14 19:47:38

GDP likely fell 1% in H1: economists

China's economy probably contracted 1 percent in the first half of 2020, as the second-quarter recovery fell short of expectations due to the COVID-19 outbreak, Chinese economists projected ahead of ...
Source: Global Times | 2020/7/14 19:43:41

Majority of mask producers could wind down, as COVID19 fades in China

Mask prices in China are down 80-90 percent from the peak in early February with production capacity far exceeding demand.
Source: Global Times | 2020/7/14 19:03:40

Taiwan airports offer simulated flights amid pandemic

Airports in China's island of Taiwan are offering “overseas” tours, allowing people to take pretend flights to simulate the thrill of traveling amid the coronavirus pandemic.
Source: Global Times | 2020/7/14 18:08:40

Private Chinese rocket firm Galactic Energy completes key engine test

Private Chinese rocket firm Galactic Energy Co has successfully conducted a hydraulic test of the turbine pump of its liquid-fueled Welkin engine, domestic news portal reported on Tuesday.
Source: Global Times | 2020/7/14 11:48:05

5,000 semiconductor lines begin production in Xinjiang

The 5,000 semiconductor chip test production lines with a total investment of 10 billion yuan ($1.42 billion) have begun production in Horgos, China's Xinjiang Uygur Autonomous Region. Experts believe they ...
Source: Global Times | 2020/7/14 11:18:34

Two coal producers merge to form China's 2nd-largest coal miner

China's coal mining giant Yankuang Group will merge with Shandong Energy Group, a statement by the Shandong Energy Group said on Monday. The merger is likely to be completed within ...
Source: Global Times | 2020/7/14 0:33:10

Pork imports likely to increase 1m tons in 2020: agriculture ministry

China is expected to increase pork imports this year by more than 1 million tons on a yearly basis and supplies will be guaranteed in the second half of 2020, ...
Source: Global Times | 2020/7/13 22:18:40

China-India sea trade rates rise amid India's economic hostility toward China

Shipping rates from China to India are rising, partly due to global shipping firms' rate hikes and partly due to India's economic hostility toward China, industry insiders told the Global ...
Source: Global Times | 2020/7/13 21:33:40

US faces renewed uncertainty as resurgence of coronavirus hampers recovery for companies, individuals

A coronavirus resurgence in the US, which is sending infections to dire new levels in some regions, will add uncertainty to the US economy, experts told the Global Times.
Source: Global Times | 2020/7/13 21:18:40

Decimating Chinese apps displays US weakness: official

A possible US crackdown on Chinese social media apps just showed the US' weakness, which is not in line with the values the country claims it holds, a Chinese official ...
Source: Global Times | 2020/7/13 20:28:40

CATL share prices hit record high on news of battery supplies for Tesla

Shares of Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) hit the daily trading maximum of 10 percent on the Shenzhen Stock Exchange on Monday, and closed at ...
Source: Global Times | 2020/7/13 19:58:40

Work starts on Zhejiang's COVID-19 vaccine production base

Construction started on the first COVID-19 vaccine production base in East China's Zhejiang Province on Saturday in the Ningbo Free Trade Zone, and the facility is expected to be put ...
Source: Global Times | 2020/7/13 19:38:40

China-developed monoclonal antibody treatment targeting COVID-19 completes subject dosing in phase 1 trial

All human participants in a phase 1 clinical trial for a China-produced monoclonal antibody treatment targeting COVID-19 have received the treatment, announced one of its developers, Chinese biopharmaceutical company Junshi ...
Source: Global Times | 2020/7/13 16:53:40