亚洲主导全球外交，美中贸易框架成形
2025-10-27
| The focus of global diplomacy and trade shifts to Asia this week, with two regional summits of world leaders set amid hopes of easing global tensions. The three-day meeting of the Association of Southeast Asian Nations (ASEAN) began on Sunday in Malaysia. It will be followed by a four-day meeting of the Asia-Pacific Economic Organization (APEC) that begins on Friday in South Korea. US President Trump will attend both meetings; Chinese President Xi Jinping will be attending the APEC meeting. Japan's new prime minister Sanae Takaichi, the first woman ever to hold the post, will be making her diplomatic debut at the twin summits.
Concurrent with the ASEAN summit, Chinese and US negotiators meeting in the Malaysian capital of Kuala Lumpur said they reached preliminary consensus on a trade framework addressing bilateral concerns. US Treasury Secretary Scott Bessent said the agreement covers Chinese-owned social media platform TikTok, Chinese export controls on rare earth minerals and Chinese purchases of US soybeans, and it also removes Trump's threat of additional 100 percent tariffs on China that were to take effect on November 1. He said the framework deal will be the basis of talks between Xi and Trump when they meet in South Korea on Thursday. The Chinese side said the preliminary agreement involves tariff suspension, trade in agricultural products, export controls and US measures targeting shipbuilding and maritime trade, but made no comment on a possible meeting between both leaders. China's Vice Minister of Commerce and top negotiator called the discussions "in-depth" and "candid," adding that "the US has a tough stand, and China is firm in safeguarding our own interest." At the start of the ASEAN summit, Trump presided over the signing of a peace accord between Thailand and Cambodia, after summer military skirmishes along their disputed border, even though his involvement in brokering the ceasefire was peripheral. Trump also signed trade deals with ASEAN members Malaysia, Thailand, Vietnam and Cambodia. |
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| 来源: Shanghai Daily |
上海迪士尼游客量增长5%
2025-10-27
| Shanghai Disney Resort was the world's fifth most-visited theme park in 2024, according to a new report from global Themed Entertainment Association. Attendance at the Shanghai attraction rose 5 percent to 14 million visitors, making it the fastest-growing site among the world's Top 10 parks. Since its opening in 2016, Shanghai Disneyland has added Pixar Toy Story and Zootopia themed attractions. | |
| 来源: Shanghai Daily |
上海放行两家芯片公司上市申请
2025-10-27
| Moore Threads Technology and MetaX, two Chinese developers of graphics processing units seeking to raise money for research and development, received approval from Shanghai's stock exchange for initial public offerings on the STAR Market, an exchange for science and technology startups. Beijing-based Moore Threads seeks to raise 8 billion yuan (US$1.1 billion), according to its prospectus. The company posted a 1.5 billion loss for 2024 on revenue of revenue of 438 million yuan. Shanghai-based MetaX is seeking to raise 3.9 billion yuan (US$548 million). The company reported a loss for the first half on revenue of 915 million yuan. Both companies are viewed as emerging competitors to US chip giant Nvidia. | |
| 来源: Shanghai Daily |
中国领导人承诺持续推进发展
2025-10-24
| China's top leaders wrapped up a major four-day meeting with a communique outlining goals of the nation's 15th Five-Year Plan (2026-30) that include putting people's quality of life first, pursuing quality development, deepening economic reforms and promoting an efficient market, Xinhua reported. The Central Committee of the Communist Party also signaled a focus on advanced technologies, boosting domestic consumption, greater self-reliance in science and technology, accelerating rural modernization and strengthening national security. | |
| 来源: Shanghai Daily |
中美贸易谈判即将举行
2025-10-24
| China confirmed that Vice Premier He Lifeng will meet US Treasury Secretary Scott Bessent in Malaysia today for three days of trade talks that follow a recent flare-up of bilaterial tensions. Bessent told the Fox Business Network that both sides will seek to overcome obstacles and move toward constructive dialogue. Among the current obstacles are US restrictions on exports of chips and other advanced technology to China, and Chinese restrictions on exports of industrial-use rare earth minerals and a boycott of American soybean purchases. The talks come ahead of next week's summit of Asia Pacific Economic Cooperation members in South Korea, where the White House confirmed that President Donald Trump with meet Chinese President Xi Jinping on the sidelines. China hasn't confirmed such a meeting. | |
| 来源: Shanghai Daily |
面对美国制裁，普京展现强硬姿态
2025-10-24
| Russian President Vladimir Putin called new US sanctions on Russia's two largest oil companies an
"unfriendly act that will have consequences." He said, "This is, of course, an attempt to put pressure on Russia, but no self-respecting country ever decides anything under pressure." US President Trump a day earlier announced sanctions on Rosneft and Lukoil in response to what he called Putin's lack of serious commitment to peace in Ukraine. Former Russian president Dmitry Medvedev, known for his ultra-hawkish comments, called the sanctions an "act of war." In the aftermath of the sanctions, global oil prices jumped. Benchmark Brent crude rose 5 percent in New York to US$65.78 a barrel. Russia is the one of the world's leading oil producers, with September output at 9 million barrels a day. Separately, the 27 members of the EU officially adopted a 19th package of sanctions against Moscow, including a ban on imports of Russian liquefied natural gas. |
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| 来源: Shanghai Daily |
美俄领导人会晤计划被搁置
2025-10-22
| A planned summit between US President Donald Trump and Russian President Vladimir Putin has been shelved, signaling that preparatory groundwork for the meeting found no concessions from the Kremlin on its terms for a ceasefire in Ukraine. There are "no plans" for Donald Trump to meet Vladimir Putin "in the immediate future," the White House official said tersely on Tuesday. Trump, after a phone call with Putin last week, said the two would meet in Budapest within two weeks. His peacemaking efforts in the Ukraine war have seesawed between support for Kiev and support for Moscow. Last week, Trump said he might supply Ukraine with Tomahawk long-range missiles; this week, he cooled on that idea and said Ukraine should cede territory occupied by Russian troops.
Russian attacks in Ukraine on Tuesday killed four people and left hundreds of thousands without power and many without water. |
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| 来源: Shanghai Daily |
人工智能助力中国电信业绩提升
2025-10-22
| China Telecom announced that net profit in the third quarter rose 3.6 percent from a year earlier 7.8 billion yuan (US$1 billion) on operating revenue of 124.8 billion yuan. For the first nine months of this year, operating revenue rose 0.6 percent to 394 billion yuan, with profit up 5 percent at 30.8 billion yuan. The company said it is seizing opportunities of new technologies and will expand initiatives into applications of artificial intelligence in its digital infrastructure. | |
| 来源: Shanghai Daily |
江苏发现大型锶矿
2025-10-22
| China has found a large strontium deposit in Jiangsu Province – a discovery that could strengthen the country's supply of industrial-use metals. The newly identified deposit is estimated to hold 545,500 tons of reserves with an average grade of 49 percent, according to the Ministry of Natural Resources. Strontium is an element used in specialty ceramics, magnetic alloys and other high-tech manufacturing. Geologists also found deposits of copper, lead-zinc and pyrite near the site. | |
| 来源: Shanghai Daily |
中国经济有望实现2025年增长目标
2025-10-21
| China's economy in the third quarter expanded 4.8 percent from a year earlier, slowing from 5.2 percent growth in the prior quarter. For the first nine months of the year, gross domestic product grew 5.2 percent, putting the government on track to meet its 5 percent target for 2025, according to data from the National Bureau of Statistics. Consumer spending was the biggest contributor to GDP growth in the first nine months, while investment underperformed mostly due to the slowdown in property markets.
For the month of September, industrial production in September beat expectations with a 6.5 percent increase, and retail sales rose 3 percent. However, fixed-asset investment unexpectedly contracted 0.5 percent in January-September period, while per capita disposable income gained 5.1 percent. The property market continued to show signs of weakness amid a four-year slump triggered by developer defaults. Investment in real estate in the first nine months of the year plummeted 14 percent, the statistics bureau reported. New home prices in September fell 2.2 percent from a year earlier, and home resale prices dropped 3.2 percent in China's biggest cities. The economy and property market are among the issues expected to be on the agenda of the meeting of the Central Committee of China's Communist Party that began on Monday. China's leaders will be setting priorities for the 15th Five-Year Plan (2026-30), including further development of advanced technologies that have been principal drivers of growth. |
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| 来源: Shanghai Daily |
