State Grid Jiangsu Electric Power builds municipal virtual power plant monitoring and management platform in Changzhou

Recently, State Grid Jiangsu Electric Power has developed the first municipal virtual power plant monitoring and management platform in Changzhou, East China's Jiangsu Province. The platform has an adjustable capacity of more than 120,000 kilowatts, effectively promoting the participation of micro-grids, energy storage, charging piles, and other resources in the flexible adjustment of the power […]

Foreign exchange reserves remain stable above $3.2 trillion from Jan to Jul

China's foreign exchange reserves remained stable above $3.2 trillion from January to July, according to statistics released on Wednesday by the State Administration of Foreign Exchange (SAFE), indicating China's overall economic performance remained stable. As of the end of July, China's foreign exchange reserves reached $3.25 trillion, up $34 billion, or 1.06 percent, from the […]

Reported US ban on Chinese software in autonomous cars only harms global cooperation: experts

A reported US proposal to ban Chinese software in autonomous and connected vehicles in the coming weeks would only harm the sector's global development, Chinese observers said on Monday. They urged the US to seek win-win cooperation with China rather than bearing the potential development losses by suppressing Chinese companies through generalizing the concept of […]

Meloni’s China visit: Economic cooperation outweighs ‘de-risking’ concerns

Italian Prime Minister Giorgia Meloni is wrapping up her five-day visit to China. The tour comes on the occasion of the 20th anniversary of the establishment of the China-Italy comprehensive strategic partnership. During her stay in Beijing, the two countries signed several bilateral cooperation documents and jointly issued a three-year action plan to strengthen the […]

Growing interest in BRICS membership signals consensus among Global South

In addition to Malaysia's official application to join BRICS, Belarus and El Salvador have added more voices to a chorus of countries seeking to join the group. Experts view the countries' increasing interest as a reflection of the strong consensus among developing nations on the significance of this cooperation mechanism, which is injecting more confidence […]

Xi congratulates Maduro on re-election as Venezuela's president

Chinese President Xi Jinping on Tuesday sent a message to Nicolas Maduro, congratulating him on re-election as president of Venezuela. Separately, the Chinese Foreign Ministry spokesperson Lin Jian said at Monday’s press briefing that China congratulates Venezuela on the smooth presidential election and congratulates President Nicolas Maduro on his successful reelection. In response to a […]

GT Voice: WTO deal to boost e-commerce despite Washington’s reluctance

About half of the members of the World Trade Organization (WTO) have reached a preliminary deal on e-commerce that would permanently ban tariffs on digital transactions, Bloomberg reported on Saturday. Although Washington reportedly signaled a reluctance to fully endorse it, the e-commerce deal is an important success story for the organization, underscoring the vitality of […]