SHANGHAI, July 17(ABC): China’s national carbon market saw its total trading volume reach 194 million tonnes since its launch one year ago, according to the Shanghai Environment and Energy Exchange (SEEE) statistics on Saturday. Experts noted that the market, the world’s largest in terms of the amount of greenhouse gas emissions covered, is expected to include more enterprises from emission-intensive …

BEIJING, July 17(ABC): China’s financial sector GDP went up 5.9 percent in the second quarter from a year ago to 2.4249 trillion yuan (359.23 billion U.S. dollars), official data showed Saturday. The property sector GDP went down 7 percent in the second quarter year on year to 1.8605 trillion yuan, data from the National Bureau of Statistics showed. The GDP …

BEIJING, July 17(ABC): Sales of Chinese-brand passenger cars continued to rise rapidly in June, surging 43.1 percent year on year, data from the China Association of Automobile Manufacturers shows. A total of 994,000 Chinese-brand passenger cars were sold last month, accounting for 44.8 percent of the country’s total passenger-car sales in the period, according to the association. In the first …

BEIJING, July 16 (ABC): China’s State Councilor and Foreign Minister Wang Yi sent a message of sympathy to Foreign Minister Bilawal Bhutto Zardari on the ongoing floods in Pakistan. In his message, Wang Yi expressed deep grief and sorrow over the loss of life and property in several areas of Pakistan due to floods, reported. He expressed deep sympathy with …

URUMQI, July 16 (ABC): President Xi Jinping has stressed efforts to fully and faithfully implement the policies of the Communist Party of China (CPC) for the governance of Xinjiang in the new era, highlighting social stability and lasting security as the overarching goal. Xi, also general secretary of the CPC Central Committee and chairman of the Central Military Commission, made …

NANNING, July 16(ABC): China on Friday urged the United States and the West to stop interfering in Middle East affairs and trying to transform the region according to their own standards. Chinese State Councilor and Foreign Minister Wang Yi made the remarks when holding talks with his Syrian counterpart Faisal Mekdad via video link. Calling for more cooperation, multilateralism and …

BEIJING, July 16(ABC): Senior Communist Party of China (CPC) leader Wang Yang on Friday called for continued efforts to consolidate and improve ethnic unity and religious harmony, and rally people’s support and pool strength for the great rejuvenation of the Chinese nation. Wang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and chairman …

BEIJING, July 16(ABC): Chinese Vice Premier Hu Chunhua on Friday called for efforts to develop the country’s rural industries into a solid foundation for rural vitalization and agricultural modernization. Hu, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during a teleconference in Beijing. In doing so, the country should help …

CHANGSHA, July 15 (ABC): Central China’s Hunan Province recorded robust foreign trade growth in the first half of 2022, said local customs. The province’s total import and export value hit 325.5 billion yuan (about 48.2 billion U.S. dollars) from January to June, up 25.2 percent year on year. Exports rose 37 percent to 238.6 billion yuan, while imports increased 1.3 …

BEIJING, July 15 (ABC): China’s power generation rose 0.7 percent year on year to reach 3.96 trillion kilowatt-hours in the first six months of this year, data from the National Bureau of Statistics (NBS) showed. In June alone, power generation increased by 1.5 percent year on year to reach 709 billion kilowatt-hours, reversing the 3.3-percent decline in May. Specifically, thermal …

CHANGCHUN, July 15 (ABC): The 19th China (Changchun) International Automobile Expo kicked off Friday in Changchun, the capital of northeast China’s Jilin Province. Covering an area of 200,000 square meters, the expo has nine indoor exhibition halls and four outdoor exhibition areas. So far, a total of 155 domestic and overseas automobile brands and 128 enterprises have registered for the …

URUMQI, July 15 (ABC): Xi Jinping, general secretary of the Communist Party of China Central Committee, visited Turpan City on Thursday afternoon during an inspection tour in northwest China’s Xinjiang Uygur Autonomous Region. Xi visited Grape Valley, a local village, and Jiaohe Ruins to learn about the city’s efforts to develop distinctive industries, boost rural revitalization, and preserve and use …

BEIJING, July 14(ABC): China has reaped summer grain harvest with a 1-percent year-on-year growth in total output, the country’s statistics bureau said Thursday. China’s total grain output reached 147.39 million tonnes in this year’s summer harvest, up 1.434 million tonnes from last year, according to the National Bureau of Statistics (NBS). The output of wheat, a staple crop, stood at …

BEIJING, July 14 (ABC): Navies of China and Pakistan concluded a four-day joint maritime exercise codenamed Sea Guardians-2 held in Shanghai. Operation planning, professional expertise exchanges, and cultural and sports competitions took place during the maneuvers, China.org.com reported. The two navies also held drills including attacking at maritime targets, anti-submarine operations, and anti-aircraft and anti-missile operations. The joint exercise aims …

BEIJING, Jul 14 (ABC): China is ready to extend cooperation to the international institutions to help Sri Lanka achieve sustainable development and overcome the current difficulties, Chinese foreign ministry spokesperson Wang Wenbin said on Thursday. “As a friendly neighbor and cooperation partner China sincerely hopes all sectors in Sri Lanka can bear in mind fundamental interest of the country and …

BEIJING, July 14(ABC): An unmanned offshore oil and gas platform has completed installation on the Enping oilfield in the eastern South China Sea, the China National Offshore Oil Corporation (CNOOC) has said. The platform was made by the CNOOC with standardized design and construction, the company said on Wednesday. It is the first of its kind by the company, and …

CHANGSHA, July 14 (ABC): Archaeologists have found a celadon kiln site dating back to the Eastern Han Dynasty (25-220) at a village in central China’s Hunan Province. The site was found in Yongxing Village in the city of Liling in April when a group of archaeologists conducted a survey of the Lushui basin. The ruins of the celadon kiln measure …

BEIJING, July 14 (ABC): China’s benchmark prices for spot interbank gold transactions were lower Thursday, according to the China Foreign Exchange Trade System. The benchmark price for gold of 99.95 percent pure or above stood at 374.94 yuan (about 55.74 U.S. dollars) per gram, down 0.29 yuan from the previous trading day, while that for gold of 99.99 percent pure …

BEIJING, July 14(ABC): Secretary-General of Shanghai Cooperation Organization (SCO), Zhang Ming had a meeting with Pierre Kraehenbuehl, Head of the Regional East Asia Delegation of the International Committee of the Red Cross and discussed ICRC activities in various regions, including Afghanistan. Pierre Kraehenbuehl congratulated Zhang Ming on assuming office and praised the SCO’s achievements in the past 20 years. The …

BEIJING, July 13(ABC): A Chinese space tech company said on Wednesday it had signed a cooperation agreement with the country’s largest state-owned travel corporation, the latest sign that the arrival of a domestic “space tourism” industry is near. CAS Space signed a strategic cooperation agreement with a wholly-owned subsidiary of Hong Kong-based travel industry giant China Tourism Group, pledging to …

BEIJING, July 13 (ABC): Chinese President Xi Jinping on Tuesday sent a congratulatory letter to the World Internet Conference for the inauguration of the international organization. Xi expressed the hope that the organization would contribute to global internet development and governance. The establishment of the organization is an important move echoing the informatization trend of the times, and it will …

BEIJING, July 13 (ABC): China’s foreign trade of goods jumped 9.4 percent year on year to 19.8 trillion yuan (about 2.94 trillion U.S. dollars) during the first half of the year, official data showed Wednesday. Exports rose 13.2 percent year on year to 11.14 trillion yuan, while imports increased 4.8 percent from a year ago to 8.66 trillion yuan, according …

KUALA LUMPUR, July 13 (ABC): Visiting Chinese State Councilor and Foreign Minister Wang Yi said here on Tuesday that China and Malaysia have reached a five-point consensus on further developing their relations. At a joint press conference with Malaysian Foreign Minister Saifuddin Abdullah after their meeting, Wang said China-Malaysia ties are witnessing new opportunities for development. China is ready to …

BEIJING, July 13 (ABC): China’s national observatory issued an orange alert for high temperatures on Wednesday, as heatwaves swept vast regions of the country. During daylight hours on Wednesday, temperatures in parts of Shaanxi, Anhui, Jiangsu, Shanghai, Hubei, Hunan, Jiangxi, Zhejiang, Fujian, Sichuan, Chongqing and Guizhou are expected to hit 37 to 39 degrees Celsius, the National Meteorological Center said. …

BEIJING, July 13 (ABC): China will relax the restrictions for urban household registration in the 2021-2025 period, said a plan released by the National Development and Reform Commission (NDRC) Tuesday. The country will lift all limits on household registration in cities with less than 3 million residents and ease those in cities with populations of 3-5 million. The point-based household …

BEIJING, July 13 (ABC): With the arrival of summer, China’s consumer spending has gradually warmed up, regaining vitality on the back of policy stimulus, a trend expected to continue as economic growth rebounds. Industrial data unveiled Monday shows that auto sales in the country expanded 23.8 percent year on year in June, rebounding from a three-month declining streak. For market …

BEIJING, July 12 (ABC): Xi Jinping, general secretary of the Communist Party of China Central Committee, has urged young people across the Taiwan Strait to jointly strive for the Chinese Dream of national rejuvenation. Xi made the remarks in a letter replying to young people from Taiwan who are attending the Straits Youth Forum held in Xiamen, Fujian Province from …

BEIJING, July 12(ABC): China has unveiled a plan outlining major targets for a national road network as part of the country’s efforts to sustain a modern economic system with an improved inter-area transport layout and increased traffic capacity. By 2035, the country aims to basically build a modern national road network that is extensive, fully functional, efficient, green, intelligent, and …

LANZHOU, July 12 (ABC): During the 28th China Lanzhou Investment and Trade Fair held in Lanzhou, capital of northwest China’s Gansu Province, a new local energy automobile company signed a procurement and investment contract with a German carmaker. “This cooperation has paved our way to the EU new energy vehicle (NEV) market. I hope our NEVs will become known by …

BEIJING, July 12(ABC): Chinese Premier Li Keqiang on Monday urged efforts to ensure production safety and resolutely prevent serious and major accidents to protect people’s lives and property. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, gave the instruction to a national video teleconference held by the Work …

BEIJING, July 12(ABC): China’s top banking and insurance regulator on Monday issued a circular urging efforts to continue the rapid growth of medium and long-term loans to the manufacturing sector. Banking and insurance institutions should optimize resource allocation and improve services to support the manufacturing sector, said the circular released by the China Banking and Insurance Regulatory Commission. It said …

JAKARTA, July 12(ABC): Chinese foreign minister Wang Yi said on Monday that countries should avoid being used as “chess pieces” by global powers in a region that he said was at risk of being reshaped by geopolitical factors. Addressing the Association of Southeast Asian Nations (ASEAN) secretariat in a speech in the Indonesian capital Jakarta, Wang said many countries in …

On June 22, a 6.2-magnitude earthquake struck Khost and Paktika of Afghanistan, causing severe casualties. After learning about the earthquake, the Chinese government immediately expressed sympathy to the Afghan people and decided to provide RMB 50 million as emergency humanitarian aid to Afghanistan. The Chinese government also expressed that it would closely coordinate with the Afghan interim government to ensure …

In the early hours of June 22, a 6.2-magnitude earthquake struck eastern Afghanistan, making it the country’s deadliest in two decades. Up to now, the earthquake has killed more than 1,500 people, injured nearly 2,000 people, destroyed tens of thousands of houses, and killed at least 155 children. Since rescue efforts have been blocked by torrential floods in some Afghan …

BEIJING, July 10 (ABC): Chinese President Xi Jinping and Italian President Sergio Mattarella on Sunday respectively sent congratulatory letters to the opening ceremony of an exhibition on the origin of Italy. China and Italy are outstanding representatives of Eastern and Western civilizations. This exhibition will show the rich Italian culture with a variety of precious antiques, Xi said in his …

SHANGHAI, July 10 (ABC): A four-day joint maritime exercise between China and Pakistan kicked off at a military port in Shanghai on Sunday. The drill, codenamed Sea Guardians-2, is a normal arrangement as per a yearly plan between the two militaries, said Liu Wensheng, spokesperson for the People’s Liberation Army (PLA) Navy. It is not related to any regional situations …

BEIJING, July 10 (ABC): With COVID-19 outbreaks waning and pro-growth policies taking effect, China is making multi-pronged efforts to continue its recovery trend in the second half (H2) of this year. The economy has come under strain from COVID-19 resurgences and global geopolitical conflicts since March. To help it navigate the trough, multiple supportive moves ranging from bolstering market entities …

SHANGHAI, July 10 (ABC): The Shanghai municipal meteorological observatory issued a red alert for excessive heat on Sunday as the temperature in some areas of the metropolis climbed to 40 degrees Celsius. Shanghai has seen high temperatures for six consecutive days from July 5. The temperature at the Shanghai Xujiahui Station reached 40 degrees Celsius at 2:12 p.m. on Sunday, …

BEIJING, July 10 (ABC): Chinese non-financial institutions raised more funds through debt financing instruments in the interbank bond market in the first half of 2022. Net financing through debt financing instruments reached about 1.1 trillion yuan (163.94 billion U.S. dollars) in the first half of 2022, an increase of 500 billion yuan from the same period last year, data from …

BEIJING, July 10 (ABC): China’s e-commerce logistics activities further consolidated the rebound in June, industry data showed. The index tracking e-commerce logistics activities stood at 107.1 points last month, up 2.8 points from May, said a survey jointly undertaken by the China Federation of Logistics and Purchasing and e-commerce giant JD.com. The survey attributed the faster expansion in June, which …