Guideline sets out plans for national transport network

China has unveiled a guideline to build a more convenient and high-quality transport network by 2035. Here are some of the targets underscored at a press conference Monday.

March 2, 2021

China to balance tech R&D, cooperation

China's efforts to pursue self-sufficiency in certain crucial technologies are to meet the nation's growing demand for cutting-edge products and services, and such efforts will contribute to the development of global information and communication technologies, the nation's top industry regulator said on Monday.

March 2, 2021

Nation rolls out blueprint for transport

China's transport regulators introduced the prospects of a nearly 700,000-kilometer network on Monday as they rolled out a comprehensive transport blueprint.

March 2, 2021

China remains world's top manufacturing hub for 11 consecutive years

China has maintained its position as the world's largest manufacturing hub for 11 straight years, accounting for nearly 30 percent of the global manufacturing output, according to the Ministry of Industry and Information Technology (MIIT).

March 2, 2021

China's fixed-asset transport investment crosses trillions

China's fixed-asset investment in transport is forecast to reach over 3.42 trillion yuan (about $523.47 billion) this year, according to a national transport work conference.

March 2, 2021

Sound bites of the week (Feb. 22-26)

A roundup of the top sound bites from the press conferences held by the State Council Information Office from Feb. 22 to 26.

March 1, 2021

Sales revenue of China's integrated circuit industry hits 884.8 billion yuan in 2020

The sales revenue of China's integrated circuit industry totaled 884.8 billion yuan (US$136.88 billion) in 2020, up 20% year on year, according to an SCIO briefing on Monday.

March 1, 2021

Self-reliance in core tech aimed at meeting demand, not isolation, says minister

China's efforts to pursue self-reliance in crucial technologies is to meet the nation's growing demand for cutting-edge products and services, said the nation's top industry regulator on Monday.

March 1, 2021

Govt vows vigorous support for chip industry

The Chinese government will provide vigorous support at the national level to build a market-oriented and internationalized business environment for the development of the semiconductor industry, said the nation's top industry regulator on Monday.

March 1, 2021

Minister: China to keep up int'l cooperation on semiconductors

China will continue to carry out international cooperation on integrated circuit, software, and other sectors, and strengthen intellectual property protection during cooperation, said an official at an SCIO press briefing Friday.

February 28, 2021

R&D spending in China estimated to be 2.4 trillion yuan in 2020

China's R&D expenditure jumped from 1.42 trillion yuan in 2015 to an estimated 2.4 trillion yuan in 2020, and its R&D intensity reached about 2.4% last year, said Wang Zhigang, minister of science and technology, at an SCIO briefing on Friday.

February 26, 2021

China registers 200 million skilled workers

China has over 200 million skilled workers, accounting for 26% of its total workforce. Over 50 million are high-skilled workers.

February 26, 2021

China's employment to remain generally stable in 2021: Minister

China's employment situation is likely to be generally stable this year as the economy continues to recover, but challenges and uncertainties would persist, the country's human resources minister said Friday.

February 26, 2021

China stablizes employment for college graduates and migrant workers in 2020

At the end of 2020, the employment rate of Chinese college graduates exceeded 90%. China also made headway in stabilizing the employment of poor migrant workers, supporting the country's poverty relief projects, according to an SCIO briefing Friday.

February 26, 2021

MOC: Cooperation the only correct choice in Sino-US economic and trade relations

The essence of China-U.S. economic and trade relationship is mutual benefit and win-win results. Cooperation is the only correct choice, said an official at a press conference on Wednesday.

February 25, 2021

Official: Australia's trade with China grows in 2020, relations should be cherished

China's senior commerce official said that Australia's global trade declined in 2020, but its trade with China registered an increase. He said Australia should do more to build up trust and cooperation.

February 25, 2021

China backs WTO reform, pushes normal operation of WTO Appellate Body

China supports necessary reforms of the World Trade Organization (WTO) and calls for the resumption of normal operations of the Appellate Body as the top priority, an official from the Ministry of Commerce told a press briefing Wednesday.

February 25, 2021

China establishes informal contact with some CPTPP members

China already had informal contacts with certain members of the Comprehensive and Progressive Trans-Pacific Partnership while conducting active research on matters related to joining the trade agreement at home, a senior government official said.

February 25, 2021

China ready to strengthen economic, trade exchanges with US: MOC

China is ready to strengthen exchanges with the United States in economic and trade fields, and carry out cooperation on the basis of mutual respect, equality and mutual benefit, China's Minister of Commerce Wang Wentao said at a press conference on Wednesday.

February 25, 2021

China's cross-border e-commerce registers double-digit growth in 2020

China's cross-border e-commerce trade volume rose as much as 31.1% year on year to 1.69 trillion yuan (US$261.5 billion) in 2020, and the country will continue to nurture new types of foreign trade this year, said an official at an SCIO briefing Wednesday.

February 24, 2021