China's central bank pledges stronger policies for stable economic growth

SEOUL, November 7 (AJP) - China's central bank will maintain a supportive monetary policy and strengthen counter-cyclical measures to foster a stable monetary environment for steady economic growth and high-quality development, said Pan Gongsheng, governor of the People's Bank of China (PBC) on Tuesday. This commitment aims to support the economy and boost public confidence. Pan shared this outlook in a report on China's financial work presented to the ongoing 12th sessi

November 7, 2024

Shenzhou-18 mission returns samples for extraterrestrial research  

SEOUL, November 6 (AJP) - Shenzhou-18 returned to Earth with 34.6 kilograms of experimental samples, including microorganisms, alloys, and nanomaterials on Monday. These samples are expected to help develop space fiber lasers, create extraterrestrial materials, and explore the potential for life to spread through space. The return capsule, which carried three Chinese taikonauts, landed early Monday after completing a six-month space station mission. The spacecraft brought back 55

November 6, 2024

Chinese premier holds talks with Malaysian PM in Shanghai

SEOUL, November 6 (AJP) - Chinese Premier Li Qiang met with Malaysian Prime Minister Anwar Ibrahim on Tuesday in Shanghai, where Anwar was attending the 7th China International Import Expo. Li emphasized that China-Malaysia relations have entered a new chapter and are advancing toward the goal of creating a shared future. He highlighted China's readiness to cooperate with Malaysia in carrying out agreements made by both countries' leaders, focusing on mutual respect, trust,

November 6, 2024

Xi meets Macao's new chief executive Sam Hou Fai

SEOUL, November 5 (AJP) - Chinese President Xi Jinping met with Sam Hou Fai, the newly elected chief executive of the Macao Special Administrative Region (SAR), recently appointed by China's central government, at the Great Hall of the People in Beijing last week. During the meeting last Friday, Premier Li Qiang, with Xi present, handed Sam an official decree from the State Council, formalizing his role as Macao SAR's sixth chief executive. Xi offered his congratulations,

November 5, 2024

China appeals to WTO over EU decision on countervailing measures

SEOUL, November 5 (AJP) - China on Monday appealed to the World Trade Organization (WTO) against the EU's final decision on countervailing measures targeting Chinese electric vehicles (EVs), China's commerce ministry said. China firmly opposes the EU's move to impose high countervailing duties on Chinese-made EVs, despite opposition from EU governments, industry groups, and the public, according to a ministry spokesperson. To protect the interests of the EV industry a

November 5, 2024

Travel agencies gear up as China expands visa-free access to nine more countries  

SEOUL, November 4 (AJP) - In response to China's new visa-free policy for nine additional countries, travel agencies at home and abroad are intensifying efforts to promote tourism products in China. The policy, which now includes countries like Slovakia, Norway, and South Korea, aims to make travel more accessible on a trial basis. Industry experts see the move as a sign of China's commitment to increased openness, anticipating a boost to inbound tourism, catering, and other

November 4, 2024

Chinese astronauts complete safe return to Earth after space mission

SEOUL, November 4 (AJP) - The three-person Shenzhou-18 crew returned safely to Earth early Monday after a six-month mission aboard China's space station. The capsule carrying astronauts Ye Guangfu, Li Cong, and Li Guangsu touched down at the Dongfeng site in Inner Mongolia at 1:24 a.m. Beijing time, and by 2:15 a.m., the astronauts had exited. CMSA confirmed they were all in good physical condition after 192 days in orbit. Commander Ye set a new record as the first Chinese as

November 4, 2024

Large-scale energy project begins in northern China

SEOUL, November 1 (AJP) - A mega energy project began operations on Thursday, connecting northern China's clean energy resources to economically active regions. The 1,000-kilovolt Zhangbei-Shengli UHV AC project is set to transmit more than 70 billion kilowatt hours of electricity annually, enough to power 19 million households each year, from Xilin Gol League, Inner Mongolia, and Zhangjiakou, Hebei, to Beijing-Tianjin-Hebei, Shandong, and Jiangsu provinces, among others. Thi

November 1, 2024

China's Xi calls for cooperation with Finland in emerging industries

SEOUL, November 1 (AJP) - Chinese President Xi Jinping welcomed Finnish President Alexander Stubb, who is on a state visit to China, early this week. During their talks on Tuesday, Xi invited Finland to engage in China's modernization initiatives and expand cooperation in emerging sectors. Xi emphasized the importance of collaboration in areas like green transformation, information technology, digital economy, artificial intelligence, and new energy, with a view to establishing

November 1, 2024

Chinese astronauts embark on journey for historic space mission

SEOUL, October 30 (AJP) - China launched the Shenzhou-19 crewed spaceship on Wednesday, sending three astronauts, including the country's first female space engineer, to its space station for a six-month mission. Launched atop a Long March-2F rocket, the spaceship lifted off at 4:27 a.m. from the Jiuquan Satellite Launch Center, according to the China Manned Space Agency (CMSA). About 10 minutes into the flight, the Shenzhou-19 separated from the rocket and reached its orbit.

October 30, 2024