Business--China Economic Net

China's Ministry of Commerce (MOC) on Thursday added 28 U.S. entities to the country's export control list to safeguard national security and interests and fulfill international obligations, including non-proliferation commitments.

China strengthens support for autonomous driving technology as Beijing passes new regulations2025-01-01
Beijing on Tuesday approved new regulations on autonomous vehicles, set to take effect on April 1, 2025, marking significant progress in advancing autonomous vehicle technologies in the Chinese capital amid the country's efforts to support the industry further.

China's AI tech charts courses beyond ChatGPT2025-01-01
As 2024 draws to a close, Chinese startup DeepSeek has made a significant mark in the generative AI landscape with the groundbreaking release of its latest large-scale language model (LLM) comparable to the leading models from heavyweights like OpenAI.

Chinese stocks post annual gain in 2024, with key index up 12.67 pct2025-01-01
As the last trading day of 2024 came to an end on Tuesday, China's major stock indices have seen significant gains this year, with the benchmark Shanghai Composite Index rising by 12.67 percent.

China's real estate market stabilizes with comprehensive 2024 policy measures2024-12-31
Supported by a series of policy measures to address the yearslong slump, China's property market has shown signs of stabilization and uptick, with renewed confidence and rising demand observed in its most dynamic regional real estate markets.

China's manufacturing sector continues expansion in December as market sentiment improves2024-12-31
China's manufacturing sector continued to expand in December as market sentiment improved, official data showed Tuesday.

Tesla's Shanghai megafactory kicks off trial production2024-12-31
U.S. carmaker Tesla's megafactory in Shanghai has kicked off trial production seven months after its construction started, according to Tesla China on Tuesday.

China-Maldives free trade agreement to take effect2024-12-31
The China-Maldives Free Trade Agreement (FTA) is set to take effect on Jan. 1, 2025, China's Ministry of Commerce (MOC) said in a statement on Monday.

Chinese NEVs scale new heights amid green shift, tech advancements2024-12-31
Despite facing challenges, China's new energy vehicle (NEV) manufacturers have made significant strides in 2024 and are poised to gain continued momentum as carbon reduction targets drive global demand for clean-energy vehicles.

China's science outreach spending exceeds 20 bln yuan in 20232024-12-31
China spent 21.51 billion yuan (about 2.99 billion U.S. dollars) for science popularization efforts in 2023, marking a year-on-year increase of 12.6 percent, according to data released by the Ministry of Science and Technology on Monday.

Landmark trade corridor reports record annual train volume in 20242024-12-31
The New International Land-Sea Trade Corridor, a key logistics network connecting China's western regions to global markets -- the ASEAN market in particular -- has surpassed a milestone volume of 10,000 rail-sea intermodal train journeys this year, according to Beibu Gulf Port Group.

China's registered civil UAVs on the rise, industry alliance says2024-12-31
China's number of registered civil unmanned aerial vehicles (UAVs) has exceeded 1.7 million, the Low-Altitude Industry Alliance (LAIA) said at its annual work conference on Monday.

Breakthrough in world's longest expressway tunnel marks leap in Xinjiang's infrastructure2024-12-31
The Tianshan Shengli Tunnel, the world's longest expressway tunnel, completed tunneling Monday morning, paving the way for the opening of a new shortcut linking southern and northern parts of China's Xinjiang Uygur Autonomous Region.

China's first homegrown large cruise ship receives 600,000 inbound and outbound visits2024-12-30
China's first domestically built large cruise ship, Adora Magic City, has completed 84 journeys with 600,000 inbound and outbound visits in the first year of its commercial operation, according to Shanghai Customs.

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Private economy is enhancing China's market vitality

Despite mounting challenges from domestic and external pressures, the Chinese economy has demonstrated resilience, bolstered by a series of targeted and incremental policy measures implemented in the latter half of the year.