The Communist Party of China (CPC) Central Committee Political Bureau meeting on Wednesday analyzed and studied the current economic situation and made arrangements for economic work in the second half of this year, Xinhua News Agency reported.

In light of the increasingly uncertain external market, the imperative to foster intra-regional markets, particularly through the China-ASEAN Free Trade Area, ASEAN Plus Three countries, and RCEP frameworks, has become more pressing than ever.

While US withdrawal raises questions about the future of international climate cooperation, it is crucial to recognize that as the urgency of climate change will not diminish, the multilateral efforts to combat climate change will persist.

South Korea's offer of a multibillion-dollar shipbuilding investment package in the US, dubbed "Make American Shipbuilding Great Again" (MASGA), has attracted attention in the global shipbuilding industry.

While the US-EU trade agreement may have averted an immediate transatlantic trade war, European automakers remain under significant pressure as tariff costs continue to undermine their competitiveness.

By relying on its strong manufacturing foundation and rich application scenarios, China is efficiently converting the technological potential of AI into real productivity improvements and economic growth momentum.

As the world's two largest economies, China and the US have both benefited greatly from bilateral economic and trade cooperation. While two-way trade and investment bring tangible benefits to businesses and consumers in both countries, the unilateral US tariffs and trade restrictions have significant negative impacts. Given the mutual advantages of their relationship, it is in Washington's interest to adopt a more rational approach in pursuing its trade policy toward China.

China's second quarter 2025 GDP growth of 5.2 percent, 5.3 percent for the first half-year as a whole, exceeded the expectations in much of the Western media, given international economic turbulence.

While some countries remain ensnared in the myth of technological hegemony, attempting to preserve their advantages through blockades and exclusive rules, China is actively fostering efforts to bridge the digital divide with an open and cooperative approach, injecting certainty into global artificial intelligence (AI) governance.

With major American automakers releasing their earnings this week and next, a critical question emerges: Do the tariff barriers erected in the name of "protecting domestic industries" truly serve as a "shield" for these sectors, or do they instead exacerbate imbalances in the industrial chain and undermine corporate competitiveness?

Market attention has increasingly focused on whether the Federal Reserve can maintain its independence amid mounting pressures, a situation that reflects the challenges facing the US economy, particularly in light of its tariff policy.

The RoboCup 2025 in Brazil, held from Thursday to Monday, witnessed a historic moment as two Chinese teams secured the top two positions in the humanoid category, China's first-ever victory in this category in the RoboCup, chinanews.com.cn reported on Monday.

Amid the continued improvement of bilateral relations, the recent proposal by an Indian government's think tank to ease rules that require extra scrutiny for investments by Chinese companies has sent a positive signal. Nevertheless, the advancement of economic cooperation between China and India necessitates sustained, long-term, and pragmatic efforts.

In the rapidly evolving world of artificial intelligence (AI), South China's Guangxi Zhuang Autonomous Region has taken a noteworthy step by launching the AI "super league," which is set to run until November, as reported by the Xinhua News Agency on Sunday. Particularly intriguing is the introduction of a mechanism that allows for cross-border teams, a move expected to enhance China's international collaboration in AI, especially with ASEAN countries.

China's economy expanded by 5.3 percent year-on-year in the first half of 2025, with second-quarter growth hitting 5.2 percent. This growth rate was even better than some optimistic forecasts by Chinese economists, which underscores the strong resilience of Chinese economy amid global trade and economic volatilities.

China's official scorecard for the first half of 2025 defied the forecasters. Western commentators had anticipated that challenges in the property market would bring down the entire economy. Instead, China's first half 2025 growth reached 5.3 percent amid global challenges, while the US, EU and Japan all estimated to grow at less than 2 percent.

Despite challenges like US-China relations and tariffs, American companies remain committed to pursuing opportunities in China, an annual survey by the US-China Business Council showed on Wednesday. The findings highlight the irreplaceable strategic value of the Chinese market to foreign businesses.

Global merchandise trade posted strong growth in the first quarter of 2025, but the pace of expansion is expected to slow later in the year as fully stocked inventories and increased tariffs begin to weigh on import demand, the World Trade Organization (WTO) said on Tuesday, according to the Xinhua News Agency.

Germany's ambivalence on “security” in its China cooperation is misguided. In today's interconnected supply chains, real security comes not from barriers, but from deeper cooperation.

Despite the complex global trade landscape, China's advantages, coupled with its proactive efforts to attract foreign investment, continue to play a significant role in building a more predictable environment for foreign businesses.

By strengthening connectivity, fostering innovation, and upholding open markets, Hong Kong will continue to enhance its contributions to regional cooperation, shaping a more resilient and interconnected Asia.

Albanese's itinerary clearly indicates Australia's intention to deepen economic and trade cooperation with China, which brings renewed optimism for the future of China-Australia relations.

Hong Kong's capital market is experiencing a surge in IPOs, driven by renewed investor enthusiasm for Chinese mainland tech companies, a development that is cementing the city's position as a global financial hub.

With global AI governance at a critical juncture, this commitment underscores China's sense of responsibility as a leader in AI development and is also essential for building a more equitable and reasonable international order to address the complex challenges posed by emerging technologies.

From policy restrictions to a myriad of trade barriers, South Korea's industrial development is increasingly influenced by Washington's "America First" strategy, which prioritizes its national interests above all else. The persistent emergence of these risks is sounding an alarm, highlighting the vulnerabilities in South Korea's reliance on the US market while also underscoring the need for the Asian nation to reflect on its industrial development strategy.

A partnership between Chinese and Brazilian companies in shipping and infrastructure is poised to create new opportunities for both nations while exemplifying how countries in the Global South can establish complementary collaborations that enhance the stability and growth of the global trade system.

While the rise of e-commerce is a challenge shared by the global retail industry, succumbing to anxiety and resorting to trade protectionism is clearly misguided. What may appear as protection for domestic industries has negative consequences.

At a time when the global economic governance system is facing challenges from increasing unilateralism, China's proactive engagement in the reform of the World Trade Organization (WTO) demonstrates its steadfast commitment to multilateralism.

The Asian Development Bank (ADB) was trying "very hard" to accommodate the concerns of the US over lending to China, including by slashing loans to it, ADB President Masato Kanda said, according to an AFP report on Monday.

Some Australian officials, who have often voiced dissatisfaction with China's cooperation with Pacific Island countries, seem to have found a new topic for complaint. However, this only highlights their excessive focus on geopolitical influence, which is misguided for regional development.

Americans will soon be celebrating the Fourth of July, or the Independence Day, with fireworks, but those fireworks may be more costly and harder to come by this year, as a result of US tariffs, US National Public Radio (NPR) reported on Saturday. Although the fireworks industry is not extensive in scale, it exemplifies, to some extent, the wider ramifications of the tariffs on the US economy.

In the face of external trade protectionism, Asia's efforts to promote free trade are expected to bolster the region's economic resilience and potential. This could offer valuable insights and serve as a positive influence for the global economy.

The growing awareness within the European business community about the significance of Chinese investment is a reminder that Europe needs to adopt a more pragmatic approach to Chinese investment as a key to overcoming its economic challenges.

At a time when nations are grappling with rising protectionism and trade tensions, the necessity and urgency of upholding the rules-based framework of the WTO and safeguarding its international authority have reached unprecedented levels.

At a time when the global economy and trade are facing mounting uncertainties, the recent US move to inflame tensions in the Middle East seems to be steering the world economy toward an even more precarious situation. Whether through its protectionist policies or military actions against Iran, the US has emerged as the biggest source of uncertainty that has repeatedly plunged the global economy into turmoil.

A freight train loaded with maternal and infant products, cosmetics, and medical supplies departed Duisburg, Germany on Saturday, marking the launch of the return leg of the ASEAN Express service, the Xinhua News Agency reported.

In light of the increasing uncertainty surrounding the external trade environment faced by Asian economies, the urgency of enhancing regional economic cooperation to unleash the potential of internal demand is becoming increasingly prominent.

While some Western media outlets seek to divert international attention from unilateral US protectionist practices related to China by hyping the “China shock” narrative, it is crystal clear as to who is truly disrupting global trade and who is upholding free trade.

While the English Premier League, La Liga, and other top leagues are renowned worldwide, a grassroots league in East China's Jiangsu Province that kicked off just a month ago has captured the hearts of millions, evolving into a sensational cultural and sporting phenomenon. The league's rapid rise is a result of the deep convergence of the vitality of local economies and the sports spirit of friendly competition among cities.

As the world braces for uncertainties, global capital flows confirm that international investors' confidence in Hong Kong's financial market is further strengthening. Hong Kong is poised to play an even more significant role in safeguarding national financial security and fostering financial innovation.

South Korea's export growth in the Southeast Asian market may represent an endeavor toward trade diversification. This trend may hold significant importance for expanding the Asian market.

Amid concerns over the uncertainty of US policies, calls for improving relations with China seem to be gaining traction in Canada. To make meaningful progress, Canada needs to set aside ideological biases and embrace a pragmatic approach to the development of bilateral ties.

BRI science and technology cooperation is committed to enabling developing countries to keep pace with the global scientific and technological revolution and ensuring the fairness and accessibility of industrial transformation.

Brazil's plan to sell its first sovereign debt in the Chinese market is an important step for Brazil in expanding its financing channels and strengthening financial cooperation with China, as well as a clear indication of the growing appeal of the yuan as an international currency.

Australia's potential pivot toward expanding free-trade agreements reflects a broader global trend, fueled by increasing awareness among nations of the destabilizing risks posed by US trade protectionism.

Considering the public's welfare, it becomes essential for the US to further lower its tariffs imposed on Chinese imports. Doing so would allow American families to access high-quality imported goods at more affordable prices.

The US economy stands at a critical crossroads between growth and recession. The trajectory will largely hinge on the ability of policymakers to address a myriad of pressing challenges, including inflationary pressures, labor market dynamics, and tariffs.

In recent remarks about China, US Treasury Secretary Scott Bessent's comments have been summarized by some media outlets as suggesting that China has a "choice" on whether or not to be a "reliable partner." This comes at a time when the US has initiated a tariff storm, causing significant disruptions to the global economy, while China continues to expand its high-level openness and actively support multilateralism. Against this backdrop, the question of who qualifies as a reliable partner to the rest of the world - and who should make more effort and has a "choice" toward that end - appears to have an obvious answer.

In a move that highlights Shenzhen's dual focus on sci-tech innovation and high-level opening-up, the city's Commerce Bureau and Development and Reform Commission have jointly released the Implementation Plan for Promoting High-Quality Development of Service Trade and Digital Trade, according to an official post published Wednesday on the "Shenzhen Release" WeChat account. The plan sets an ambitious goal: by 2030, digitally deliverable services will make up more than 50 percent of Shenzhen's total services trade volume.

In the face of the US tariffs on auto imports, the latest sales results from South Korean automakers have drawn significant attention, shedding light on the remarkable resilience of the Asian vehicle industrial chain.

The US plan to double tariffs on imported steel and aluminum from 25 percent to 50 percent starting from Wednesday has raised significant concerns and opposition, highlighting the risks of trade tensions stemming from unilateral protectionism.

Editor's Note: The global economy faces profound shifts as rising unilateralism challenges the multilateral trade order. How should countries respond to these challenges? What is China's role in safeguarding the multilateral trading system? In an exclusive interview with the Global Times (GT), Nan Li Collins (Li), senior director of the Division on Investment and Enterprise at UN Trade and Development (UNCTAD) and chair of the UN Sustainable Stock Exchanges Initiative, shared his views.

Since the start of the year, the US has introduced a series of unilateral measures, rekindling global trade tensions. In particular, the so-called "reciprocal tariff" policy has posed a grave threat to the stability of global supply chains and the global economy. As the global economy is facing multiple challenges such as geopolitical risks, the resurgence of protectionism, and supply chain restructuring, stable, open, and mutually beneficial cross-regional cooperation is particularly valuable.

There is an acknowledgment within the European EV supply chain that cooperation with China is not only vital for reviving the European battery industry but also offers opportunities to capitalize on the complementary strengths of both industries.

The euro's journey toward a greater international role is a complex and challenging one. However, by embracing cooperation with developing countries, the eurozone can find a new path forward.

If there is any competition between China and the US in Latin America, it should not be a zero-sum game. Instead, it should be about which country can provide more development and win-win cooperation opportunities for Latin American nations.

The 4th China-CEEC Expo and International Consumer Goods Fair concluded on Sunday in Ningbo, East China's Zhejiang Province. The event highlighted continuously growing China-CEEC cooperation despite headwinds in global trade.

China and the US made substantive progress in the Geneva trade talks. The recent tariff rollback represented a positive step, reflecting China's continued commitment to de-escalating trade tensions and safeguarding global economic stability amid US political complexities. Beijing demonstrated flexibility and responsibility by supporting global supply chains and strategic sectors.

Following the China-US trade talks in Geneva, Switzerland, American companies have once again triggered a "shipment surge" from China. The wave of accelerated imports to the US is a manifestation of the intertwining and complementary economic and trade ties between China and the US.

As the market faith that has long unconditionally backed the US dollar and Treasury bonds begins to wane, the halo of US Treasury debt as the risk-free asset is rapidly dissipating.

Washington's repeated efforts to take unilateral measures against Chinese manufacturing increasingly look like a self-defeating game, which inflicts damage on its own economy while proving futile in hindering China's development.

It appears that the USTR office is planning to stage another political show over tariffs on Chinese-built cranes. Yet, the strong opposition from the domestic sector shows that a policy prioritizing political posturing over economic reality is fundamentally unviable.

The US government might hope its tariff policies would bring an influx of investment to the American economy. However, according to a report by Politico on Sunday, some of the people working to lure those investments to US cities and states said they're not seeing the investment boom, at least not so far. This adds to the evidence that Washington's tariff policies may make it difficult to achieve the desired effects, as economic realities are far more complex than political slogans.

At a time when the global economic outlook faces multiple uncertainties, the deepening integration between Hong Kong's capital markets and the Chinese mainland's high-tech companies has been increasingly of significant strategic importance. This evolving relationship strengthens Hong Kong's position as a leading international financial center while establishing a vital financing avenue for the mainland's technology sector, particularly as the US intensifies its technological containment strategy against China's high-tech advancements.

In a move that underscores the economic value of 5G technology, the world's first 5G-Advanced (5G-A) open-pit mine in Hulunbuir, North China's Inner Mongolia Autonomous Region, has started operating a fleet of 100 unmanned electric mining trucks, according to media reports on Sunday. This is seen as another example of how various advanced technologies including artificial intelligence (AI) are empowering the traditional mining sector and driving the digital transformation of conventional industries.

With the US continuing to tighten restrictions on chip exports to China, US-based chip giant Nvidia's struggle to adjust exports to one of its key markets has once again come into the spotlight.

The trade agreement reached between China and the US in Geneva, Switzerland has drawn global attention, which has received positive responses from various sectors.

This year marks the conclusion of China's 14th Five-Year Plan (2021-25) period. The 2025 Government Work Report has underscored the importance of fully meeting the plan's objectives, setting a solid foundation for a strong launch of the 15th Five-Year Plan (2026-30).

The latest projections from the APEC present a concerning outlook. The situation underscores the growing urgency of strengthening multilateral cooperation to tackle various development bottlenecks. And China has been a steadfast supporter of multilateralism.

The immediate increase in container freight rates is a direct reflection of market expectations regarding the continuity of manufacturing links between the US and China. It also paints a telling picture of the efficiency and flexibility of China's manufacturing sectors.

Brazil's renewed currency swap deal with China underscores deepening financial ties between the two countries, serving as a positive example for other Latin American countries amid the volatility of the international financial market.

The energy cooperation between China and Canada has emerged as a topic of growing significance. Yet, realizing the full potential of this complementary relationship hinges on Canada's ability to adopt a more pragmatic approach toward China.

Despite facing external challenges, China's steel industry has continued to focus on internal improvement and lay a solid foundation for the wider manufacturing sector. This stands in stark contrast to the US strategy of trying to revive its steel industry through tariffs.

The Chinese understand that compromise under pressure does not bring peace or respect. In this context, China does not need to rush during the talks, considering that its economic resilience, particularly in the face of US tariffs, affords it a flexible strategic space. China will not, and indeed does not need to, make concessions on matters of principle.

China's private sector promotion law, which will come into effect on May 20, represents China's first fundamental legislation dedicated to shoring up the private sector. Notably, sci-tech innovation is included as an independent chapter among the nine chapters of this landmark law.

From the perspectives of trade structure and industrial competitiveness, China's economy has demonstrated greater resilience against the US coercion, particularly if the US government stubbornly persists with its steep tariff policy, leading the trade relationship into a prolonged deadlock.

Powell's comments and the Fed's wait-and-see approach, while seemingly in line with market expectations, lay bare the central bank's concerns about the potential repercussions of the US tariff policy on the broader economy.

The participation of Chinese companies in the Smarter E Europe 2025 not only reflects China's advancements in clean energy technology but also underscores the increasingly close and indispensable complementary relationship between China and Europe in the energy transition.

It seems that the recent developments surrounding US export controls on advanced artificial intelligence (AI) chips underscore its deepening anxiety in the face of China's technological advancement. Its reliance on an escalating chip blockade, aimed at preserving US technological hegemony, is a short-sighted approach that won't help in enhancing the competitiveness of the AI industry in the US and curbing China's technological progress in this crucial field.

Australian Treasurer Jim Chalmers said that the re-elected Labor government's first priority will be to address global economic uncertainty. The stated priority could mean greater win-win cooperation with China.

The US port fees imposed on Chinese vessels have cast a shadow over its energy export industry, showing the self-defeating attempt to contain China's shipbuilding industry is set to backfire.

China's AI industry surpassed $96.06 billion in 2024, sustaining over 20 percent growth for several years. As AI continues to permeate global economies, China's role as a driver of inclusive, innovative growth will only become more pronounced.

There seem to be some voices surfacing these days, fearing that, as a result of the upheaval caused by US tariff policies, Chinese goods may flood into the European market in large quantities. However, these worries overlook the long-standing mutually beneficial nature of China-Europe trade, essentially representing unnecessary noise in normal trade cooperation.

Reports surrounding potential large-scale layoffs at Intel have once again thrust the US chipmaking sector into the spotlight, highlighting the urgent need for effective solutions rather than misguided policies that may exacerbate the industry's challenges.

The innovation achievements of China's new-energy vehicle (NEV) industry in key technology areas are providing more diversified technological pathways and supply chain support for the global industry. The continuous release of this innovation potential further consolidates China's pivotal role in the global automotive industry chain, rendering any attempts to exclude China's EV technology from global supply chains futile.

The substantial losses incurred by Taiwan Semiconductor Manufacturing Co's (TSMC) factory in the US state of Arizona illustrate both the consequences of ignoring market logic and the deep-seated difficulties the US faces in its attempt to forcibly restructure global semiconductor supply chains through political intervention.

At a time when global trade is facing many uncertainties, China's logistics supply chain has emerged as a stabilizing force, driving international economic cooperation through its robust transportation networks and innovative solutions.

Vietnam's new energy policy not only charts a path for the country's energy transition but also creates new opportunities for enhanced China-Vietnam cooperation in the realm of green energy. This collaborative effort will also catalyze regional green grid integration through enhanced electricity market connectivity across Southeast Asia.

As China navigates the complexities of international trade and technological competition, its focus on expanding legacy chip production is not merely a response to US sanctions but a strategic move to build a resilient domestic supply chain.

As Asia emerges as a new highland in global cooperation and development despite rising trade protectionism from the US, the further upgrading of the China-South Korea Free Trade Agreement (FTA) is undoubtedly a vital part of this process, carrying profound implications for not only the regional industrial chain but also market integration and expansion.

In the face of the US bullying behavior by using tariffs as a weapon to exert "maximum pressure" on all trading partners, China has firmly upheld the rules-based multilateral trading system by taking countermeasures, demonstrating its commitment as a responsible major country in maintaining fairness and justice in global trade.

A recent CNBC article spotlighted growing concern among investors regarding a potential exodus from US assets, as both US Treasury debt and the dollar experience a downturn. The April sell-off in financial markets has been wider and more volatile than typical pullbacks, fueling concern that the aggressive and constantly changing trade policy from Washington could be doing long-term damage to the financial standing of the US, the report said.

At a time when US tariffs are disrupting the global trade order in pursuit of a new "America First" order, the multilateralism represented by the World Trade Organization (WTO) becomes not only crucial for sustaining global trade stability but also imperative for averting a dangerous slide into zero-sum trade confrontations. China's recent actions at the WTO underscore this urgency.

The strong industry resistance to a US port fee proposal is a stark indication that unilateral measures weaponizing trade have collided with economic reality, facing fierce pushback from industries reliant on efficient global supply chains.

Amid increasing global economic uncertainty caused by US tariffs, China's manufacturing sector has again demonstrated its long-term stability and resilience. This was evidenced by Chinese buyers' copper purchases despite recent market volatility, reinforcing the sector's role as a stabilizing force in global trade and industrial supply chains.

In the face of the US tariff policy, China's efforts to expand international markets not only showcase its resilience in trade but also highlight its capability to bring its manufacturing to the world.

By discerning market trends and delivering high-quality vessels that cater to diverse international demands, China's shipbuilding sector will not only solidify its position but also uphold a resilient development trajectory.

The fantasy of some US politicians, who view tariffs as a means to substantially boost tax revenue, reveals a gross overestimation of the sway held by the US consumer market.

With both the EU and China seeking to drive industrial transformation and address global challenges in a rapidly evolving geopolitical and technological landscape, Hannover Messe 2025, one of the world's leading trade fairs for mechanical and electrical engineering, has emerged as a pivotal platform for showcasing the immense potential for industrial cooperation between these two economic powerhouses.

Despite challenges, China's new-energy vehicle (NEV) industry continues to thrive, showcasing its ability to adapt and evolve in a rapidly changing global market. The innovative vitality and resilience of the industry have demonstrated that external pressures cannot stifle the development and overseas expansion of this sector.