When China's decades-long opening-up met a pandemic on a scale unseen for over a century, the country chose not to slow down or postpone steps to connect its economy further with the rest of the world. The world's second-largest economy has raised hopes for a global recovery with its own accelerating economic rebound.
The Chinese economy is expected to usher in 2021 with stronger recovery after surviving a triple whammy of COVID-19, economic slowdown and trade protectionism in an eventful 2020.
China's industrial profits maintained growth momentum in November amid strengthening economic recovery, with steady improvement on both supply and demand sides, as well as company operations.more
China is forging ahead in developing a comprehensive and multidimensional traffic network that is intelligent, safe and green as it looks to become a world leader in the field, according to a white paper released Tuesday.more
China's central bank and three financial watchdogs will conduct regulatory talks with Ant Group within the next few days.
China's independently-developed ARJ21 regional jetliner has entered a phase of accelerated deliveries and large scale commercial operation, according to civil aviation authorities.
Hongqi, a car brand under China's leading automaker FAW Group Co., Ltd., registered a new sales record this year, with the number of vehicles manufactured and sold both exceeding 200,000 units as of Friday, the company said.