BEIJING, June 30(ABC): China’s factory and services activity picked up in June, official data showed Thursday, fuelled by the easing of Covid-19 restrictions in major cities such as Shanghai and Beijing. The non-manufacturing Purchasing Managers’ Index (PMI), a key gauge of activity in the world’s second-biggest economy, defied expectations and surged to 54.7 points in June after three months of …

BEIJING, June 29(ABC): An uncrewed Chinese spacecraft has acquired imagery data covering all of Mars, including visuals of its south pole, after circling the planet more than 1,300 times since early last year, state media reported on Wednesday. China’s Tianwen-1 successfully reached the Red Planet in February 2021 on the country’s inaugural mission there. A robotic rover has since been …

WUHAN, June 29 (ABC): President Xi Jinping has stressed keeping the lifeline of science and technology firmly in China’s own hands and making the country’s development more independent, self-reliant and secure. Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks during his inspection in Wuhan, capital city …

BEIJING, June 29 (ABC): China’s economy has grown by leaps and bounds over the past decade as the country has shifted its focus to high-quality development by enhancing its innovation efforts and macroeconomic policies. China accounted for over 18 percent of the global economy in 2021, rising from 11.3 percent in 2012, as its GDP topped 114.4 trillion yuan (17.1 …

BEIJING, June 29 (ABC): Chinese Premier Li Keqiang has called for stronger efforts to accelerate economic recovery to shore up market entities, ensure employment stability and safeguard people’s livelihoods. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks during an inspection tour to two state organs …

BEIJING, June 29 (ABC): China will cut the retail prices of gasoline and diesel starting Wednesday, the country’s top economic planner said Tuesday. The prices of gasoline and diesel will go down by 320 yuan (about 47.81 U.S. dollars) per tonne and 310 yuan per tonne, respectively, according to the National Development and Reform Commission. The move marks the 2nd …

BEIJING, June 29 (ABC): China’s state-owned enterprises (SOEs) reported increased revenue but decreased profits in the first five months of this year, due to a high comparison base last year and the impacts of the pandemic, official data showed Tuesday. The combined profits of SOEs declined 6.5 percent year on year to 1.63 trillion yuan (about 243.5 billion U.S. dollars) …

BEIJING, June 29 (ABC): China’s civil aviation transport has recorded a notable rebound since June amid the country’s improvements in pandemic control and a slew of measures to support the industry. From June 24 to 26, the number of flights exceeded 10,000 daily for three consecutive days, rebounding to about 60 percent of figures before the pandemic, said the Civil …

SHANGHAI, June 29 (ABC):Crude oil futures closed lower Wednesday in daytime trading on the Shanghai International Energy Exchange. The most active crude oil contract for August 2022 delivery was down 12.8 yuan (about 1.91 U.S. dollars) to close at 675.1 yuan a barrel. The total trading volume for nine listed crude oil futures contracts on the exchange was 355,647 lots, …

BEIJING, June 28 (ABC): The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China’s interbank market, was flat at 1.438 percent Tuesday. The seven-day rate dropped 1.2 basis points to 1.98 percent, the one-month rate edged up 0.1 basis points to 1.895 percent, and the one-year rate edged up 0.3 basis points to 2.363 percent. Shibor …

BEIJING, June 28 (ABC): Chinese President Xi Jinping has underscored the exemplary role of large-scale grain growers in encouraging more farmers to contribute to the country’s food security.

KABUL, June 28 (ABC): The first batch of earthquake relief supplies donated by the Chinese government arrived at Afghanistan’s Kabul International Airport on Monday night and was handed over to the Afghan side. Chinese Ambassador to Afghanistan Wang Yu and Ghulam Ghaws Naseri, acting minister of state for disaster management and humanitarian affairs of Afghanistan’s Taliban-led caretaker government, attended the …

SHANGHAI, June 28 (ABC): Shanghai Disneyland will reopen on Thursday and tickets will be available for purchase starting Wednesday, according to an official announcement. “We are excited to welcome you back to a place full of happiness and wonder,” said Joe Schott, president and general manager of Shanghai Disney Resort. The theme park will resume operation with controlled capacity and …

BEIJING, Jun 27 (ABC): Chinese researchers have developed an ultra-black coating with stable performance, according to the Harbin Institute of Technology. Ultra-black coating can absorb almost any light that falls on it and is widely used in precision optical instruments. The ultra-black coating developed by the research team from the Harbin Institute of Technology can absorb up to 99.8 percent …

BEIJING, June 27 (ABC): Beijing’s primary and middle school students returned to campus on Monday after over 50 days of remote education due to a local COVID-19 resurgence. Students in the first two years of junior high and senior high schools, or grades 7, 8, 10 and 11, as well as those in primary schools, resumed in-person classes. Education for …

BEIJING, June 27 (ABC): The Shuhe River in east China’s Shandong Province flooded on Monday as heavy rains hit the region, according to China’s Ministry of Water Resources. At 12:30 p.m., the water flow at the Chonggou hydrometric station climbed to 2,170 cubic meters per second, and peaked at 2,240 cubic meters per second at 1:55 p.m. The ministry and …

BEIJING, June 27 (ABC): The book ‘Xi Jinping and College Students’ translated into English and released by Pakistan’s Beyond Horizon Publication was launched in Beijing by the Central Committee of the Communist Youth League of China. The book features 25 interviews between Chinese President Xi Jinping and college students from 1983 to 2019. It records heart-to-heart conversations, and Xi’s down-to-earth …

BEIJING, June 27 (ABC): Chinese President Xi Jinping has underscored the importance of better listening to the people’s voices by making use of the internet and other channels. Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the remarks in a recent instruction on studying and absorbing netizens’ …

BEIJING, June 27 (ABC): Profits of China’s major industrial firms rose 1 percent year on year in the first five months of the year, data from the National Bureau of Statistics showed Monday.

BEIJING, June 27 (ABC): China’s top political advisor Wang Yang has urged Communist Party of China (CPC) delegates of Taiwan origin to earnestly perform their duties and make due contributions to the Party’s 20th national congress. Wang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and chairman of the National Committee of the …

BEIJING, June 27 (ABC): China’s yuan strengthened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS). The CFETS yuan exchange rate composite index, which measures the yuan’s strength relative to a basket of currencies, edged up 0.12 points from the previous week to 102.03, according to the CFETS. The index compares the yuan …

BEIJING, June 27 (ABC): The total bond issuance in China topped 4.91 trillion yuan (about 732.84 billion U.S. dollars) last month, central bank data showed. The issuance of treasury bonds reached 561.62 billion yuan, and the issuance of local government bonds came in at about 1.21 trillion yuan, according to data from the People’s Bank of China. In May, financial …

BEIJING, June 27 (ABC): The output of China’s major dairy companies rose 2.9 percent year on year in May, bucking the trend of decline in April, according to the Ministry of Industry and Information Technology. These enterprises, each with annual operating revenue of at least 20 million yuan (2.99 million U.S. dollars), produced about 2.76 million tonnes of dairy products …

CHONGQING, June 27 (ABC): The China-Europe Railway Express (Chongqing), the first China-Europe freight train service, embarked on its 10,000th trip. The cargo train, fully loaded with electronic products, mechanical parts, daily necessities and other goods, departed from Tuanjie Village of southwest China’s Chongqing Municipality and headed for Duisburg of Germany. The railway has transported over 1,000 types of goods ranging …

BEIJING, June 25 (ABC): Chinese Foreign Ministry spokesperson Wang Wenbin confirmed on Saturday that the Beijing would provide 50 million yuan ($ 7.5 million) in emergency humanitarian aid including tents, sheets, convertible beds to quake-hit Afghanistan. The first shipment of aid to be transported to the country on Monday by charter flight. China will also work closely with the Afghan …

CHANGSHA, June 25 (ABC): The age structure of China’s science and technology workers has decreased over the past decade, according to a report released on Saturday. The China Association for Science and Technology (CAST) has released a report on the country’s sci-tech human resources development in Changsha, central China’s Hunan Province. The report shows that sci-tech talent aged 39 and …

BEIJING, June 25 (ABC): Chinese President Xi Jinping hosted the High-level Dialogue on Global Development on Friday in virtual format, calling for forging high-quality partnership for new era of global development. “We must get a good grasp of the overarching development trend in the world, firm up confidence, and act in unison and with great motivation to promote global development …

BEIJING, June 25 (ABC): Fixed-asset investment in China’s automobile manufacturing sector logged double-digit growth in the first five months of the year, according to the China Association of Automobile Manufacturers. From January to May, China’s auto manufacturers saw investment increase by 11.2 percent year on year, up 0.8 percentage points from the first four months, the association said, citing data …

FUZHOU, June 25 (ABC): China’s leading automotive lithium-ion battery maker, Contemporary Amperex Technology Co., Ltd. (CATL), revealed on Thursday a new battery that provides electric vehicles with a driving range of over 1,000 km on a single charge. With the third generation of cell-to-pack (CTP) technology, the battery named Qilin, or CTP 3.0 battery, has a volume utilization efficiency of …

BEIJING, June 25 (ABC): Chinese Vice Premier Han Zheng on Friday called for new progress on building the Hainan free trade port. Han, also member of the Standing Committee of the Political Bureau of the CPC Central Committee and head of a leading group on deepening all-round reform and opening-up in south China’s Hainan Province, made the remarks while presiding …

BEIJING, June 25 (ABC): Chinese lawmakers on Friday passed a revision to the country’s sports law, in a bid to facilitate efforts to build the country into a sporting powerhouse. The revised Law on Physical Culture and Sports was passed at a session of the National People’s Congress Standing Committee and will take effect on Jan. 1, 2023. The revision …

SHANGHAI, June 24(ABC): A vehicle fell from the third floor of Chinese electric car maker Nio’s headquarters in Shanghai killing one member of staff and an individual from a partner company, reported. The incident occurred on Wednesday, quoted the firm as saying. The deceased were inside the car when it fell. The company said that it started immediate investigation into …

BEIJING, Jun 22 (ABC):A program jointly initiated by Tsinghua University and Paris Institute Political Studies (Sciences Po) is now empowering over 150 students from six continents with the knowledge to tackle climate change.  The global educational program, Climate x Leadership Training Pilot, is hosted by the Global Alliance Universities on Climate (GAUC), which is comprised  the world’s 15 top universities. …

BEIJING, June 22 (ABC): The Universal Beijing Resort on Wednesday said it will resume operations on June 25, as the COVID-19 resurgence is subsiding in the city. The resort, which opened in September 2021, includes the Universal Studios Beijing theme park, Universal CityWalk Beijing, and two hotels. The CityWalk and one hotel are expected to reopen on June 24, one …

BEIJING, Jun 22 (ABC): Chinese President Xi Jinping on Wednesday called for efforts to stay open and inclusive, and clear away all barriers impeding the development of productive forces to promote the sound development of globalization. Xi made the remarks while delivering a keynote speech in virtual format at the opening ceremony of the BRICS Business Forum. We should encourage …

BEIJING, June 22 (ABC) :China’s National Meteorological Center Wednesday renewed a blue alert for rainstorms in various parts of the country. From 2 p.m. Wednesday to 2 a.m. Thursday, heavy downpours are expected to lash parts of Inner Mongolia, Jilin, Liaoning, Hebei, Shandong, Anhui, Jiangsu, Henan, Sichuan, Chongqing, and Yunnan. Some areas may experience up to 150 millimeters of rainfall. …

BEIJING, June 22 (ABC): The wholesale prices of China’s agricultural products edged down last week, data from the Ministry of Agriculture and Rural Affairs showed. From June 10 to 16, the China agricultural product wholesale price index came in at 114.82, down 1.51 points week on week, according to the ministry. On a weekly basis, the average wholesale price of …

BEIJING, June 21 (ABC): China’s road freight volume fell 4.6 percent year on year in the first five months of the year, data from the Ministry of Transport showed. About 14.37 billion tonnes of road cargo were transported during this period, according to the ministry. In May alone, China’s road freight volume neared 3.26 billion tonnes, the ministry said. Northeast …

BEIJING, June 21 (ABC): Chinese President Xi Jinping will host the 14th BRICS Summit and the High-level Dialogue on Global Development, and attend the opening ceremony of the BRICS Business Forum in virtual format later this week. The BRICS mechanism features five major emerging economies, namely Brazil, Russia, India, China and South Africa. Since it was forged more than a …

BEIJING, June 21 (ABC): In a year where a record 10.76 million graduates stream out of colleges, China is living out its jobs-first commitment to helping them enter the workforce against COVID-19-induced snarls. This job-hunting season may prove challenging for college graduates due to COVID-19-hampered job interviews and lukewarm demand for fresh labor, said Wu Aihua, an official with the …