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May Day holidays set to be 'most prosperous'

China s consumption has been firing on all cylinders during the just-ended May Day holidays, ranging fromtourism, box office, transportation, entertainment to catering sectors. This year s five-day holidaysare believed to have beaten the 2019 pre-epidemic level in terms of both trips made and revenue generated to become what industry insiders celebratedas the ....

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China-Ecuador FTA, a strong impetus to upgrade the quality of bilateral trade: Chinese Ambassador to Ecuador

In February 2022, China and Ecuador issued a joint statement announcing the launch of free trade agreement (FTA) negotiations. After more than 10 months, the two countries concluded the bilateral FTA negotiations at the technical level. The Global Times (GT) reporter Liu Yang recently conducted an exclusive interview with Chen Guoyou (Chen), Chinese Ambassador to Ecuador, in which the ambassador shared his views on the China-Ecuador FTA and future cooperation, refuting foreign media outlet s smear against a local project under the Belt and Road Initiative (BRI).
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China's economic recovery in focus as WEF kicks off amid fragmentation

As thousands of political, economic and social leaders from around the world gather in the Swiss resort of Davos for the annual conference of the World Economic Forum (WEF), which kicked off in person on Monday for the first time since the COVID-19 pandemic broke out three years ago, a slew of challenges confronts the global economy, including high inflation, geopolitical tensions, as well as an escalating assault led by the US on the economic globalization agenda that Davos epitomizes. ....

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China's next-gen solar-powered drone expected to make debut soon

China is expected to unveil its next-generation, solar-powered large unmanned aerial vehicle (UAV) with very long endurance soon, which will have a larger wingspan than its predecessors that allows it to carry larger payloads for missions including reconnaissance, monitoring and communications relay in near-space, said Chinese experts familiar with the matter on Monday.
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Chinese businesses in Ukraine mostly undisrupted, but some make contingency plans: sources

Many Chinese entrepreneurs, companies and industry groups in Ukraine remain calm and their daily business operations have not seen any particular disruptions from escalating tension in the country, several businesses sources in Ukraine told the Global Times on Wednesday. ....

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