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 |
中国工业磁体出口下降
2025-10-21
| China's exports of rare earth industrial magnets fell 6 percent in September from August, with shipments to the US down 29 percent. In the first nine months of the year, exports of the magnets fell 7.5 percent from a year earlier. The magnets are critical in production of hard disk drives, wind turbines, cordless power tools, MRI scanners and other items. Total exports of rare earth and related products in September were up by 7.6 percent year on year, and up by 3.1 percent for the first nine months.
Chinese, which produces 87 percent of the world's supply of the magnets, recently announced tighter export controls over rare earths, which include the magnets, resulting in a flare-up of US-China trade tensions. To counter China's grip on the supply chain, Australia and the US on Monday signed a multibillion-dollar agreement for Australia to provide the US with critical industrial minerals, including rare earths and lithium. The pact was finalized during meeting between Australian Prime Minister Anthony Albanese and US President Donald Trump at the White House. The agreement calls for each country to invest up to US$1 billion in mining and refining projects valued at up to US$8.5 billion in the next six months. |
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| 来源: Shanghai Daily |
苹果 iPhone 17 在市场上大受欢迎
2025-10-21
| The Apple iPhone 17 series is enjoying twice the sales of the 16 series last year, according to a comparison of their debut month in China and the US by data firm Counterpoint. It said sales of the series 17 phones since their launch last month in the two biggest markets have risen 31 percent. That's good news for Apple, which has been losing domestic market share to Chinese smartphone makers this year.
Separately, a group of 55 Chinese iPhone and iPad users filed an antitrust complaint against Apple with China's market regulator. The complaint alleges the Apple maintains a monopoly over iOS app distribution in China, forcing users to purchase digital goods exclusively through its system. |
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| 来源: Shanghai Daily |
加沙停火在致命破坏后动摇
2025-10-20
| Israel carried out a wave of strikes in southern Gaza in what it said was retaliation for a Hamas attack on its troops. The breach in the barely week-old ceasefire left two Israeli soldiers and 44 Palestinians dead. Both sides said they were resuming the ceasefire after the flare-up of violence that each blamed on the other. The ceasefire was already on knife-edge with two of its key provisions -- release of deceased hostages by Hamas and entry of humanitarian aid into the enclave – proceeding much slower than expected and no progress on the next steps of President Donald Trump's peace plan, which include a transitional outside body to administer Gaza. | |
| 来源: Shanghai Daily |
中国一家中药制造商利润下滑
2025-10-20
| Zhangzhou-based Chinese herbal medicine maker Pientzehuang Pharmaceutical reported revenue in the third quarter dropped 26 percent from a year earlier to 2.6 billion yuan ((US$365 million), and profit fell 29 percent to 687 million yuan. The report shows that without a one-time investment gain in the period, profit would have fallen by nearly 55 percent. For the first nine months of the year, revenue fell 12 percent to 7.4 billion yuan, resulting in a 21 percent drop in profit to 2.1 billion yuan. The company, listed on the Shanghai stock exchange, takes its name from its best-selling therapy, a Ming Dynasty formula traditionally used to treat inflammation. | |
| 来源: Shanghai Daily |
机器人在广交会上大受欢迎
2025-10-20
| The 138th Canton Fair, now underway in the southern city of Guangzhou, has attracted a record 240,000 buyers from around the world and thousands of visitors curious for a peek at the latest in smart technologies. Robots have proven a major attraction at the world's oldest and largest trade exhibition, which is focused on advanced technologies. Long queues have formed in the robotics zone of 46 exhibitors, where automatons are on display walking up stairs, dancing, measuring blood pressure, giving massages, cleaning floors and performing other human activities. China is the world's leading robot maker. The semiannual fair will run through November 4. | |
| 来源: Shanghai Daily |
中国驻美大使呼吁“回归理性”
2025-10-17
| Chinese Ambassador to the US Xie Feng urged Washington to "return to reason" and "stop applying maximum pressure" on China, warning that "a trade war serves no one's interest in the end." He said China is not looking for a fight but won't stand by idly if its national interests are threatened, and he called on the US to resolve differences through negotiation and not go down the "old path" of escalating tensions.
Meanwhile, the Trump administration said it will urge allies in Europe and Asia to decouple their supply chains from China as quickly as possible, with US Treasury Secretary Scott Bessent calling Beijing an "unreliable" trading partner. The rhetoric is the latest US salvo against China's announced tightening of export controls on rare earth minerals critical to industrial production. "China's actions have once again demonstrated the risk of being dependent on them," Bessent said. "This is China versus the world." |
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| 来源: Shanghai Daily |
特朗普将赴匈牙利会晤普京
2025-10-17
| US President Donald Trump said he will meet Vladimir Putin in Budapest to discuss the war in Ukraine after a more than two-hour phone call initiated by the Russian president, but no date was given. The announcement came a day before Trump is due to meet Ukraine President Volodymyr Zelensky at the White House. Plans for the meeting in Hungary come two months after a summit between Trump and Putin in Alaska produced no momentum toward a negotiated end to the war. Trump, fresh from success brokering a ceasefire in Gaza, has recently hinted the US may supply Ukraine with Tomahawk long-range missiles, which have the capability of striking Moscow.
US efforts to force Russia to the negotiating table by curtailing global purchases of its oil and gas that it says finance the war gained support after the UK added Chinese refiner Yulong Petrochemical and Shandong port operators Jingang, Baogang International and Haixin to its sanctions list. In China, the world's largest buyer of Russian energy, the Foreign Ministry condemned London's action, saying Beijing "firmly opposes unilateral sanctions." The US earlier this year slapped a punitive tariff on India, the second-largest buyer of Russian oil. On Thursday, Trump said Indian Prime Minister Narenda Modi told him oil purchases will cease, but New Delhi said it isn't aware of the conversation. |
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| 来源: Shanghai Daily |
《台积电受益AI芯片需求创下利润新高
2025-10-17
| Taiwan Semiconductor Manufacturing Corp (TSMC), the world's largest contract chipmaker, reported net profit in the third quarter increased 39 percent from a year earlier to a record T$452.3 billion (US$15.1 billion), beating analysts' forecasts. Revenue rose 10 percent to T$990 billion. The company, whose customers include Nvidia and Apple, said chips for artificial intelligence and 5G telecommunications comprised 57 percent of revenue. TSMC raised its revenue forecast for the full year after reporting profit in the first nine months surged 52 percent to T$1.21 trillion on a 36 percent increase in revenue to T$2.76 trillion. The company's shares in New York initially rose but closed lower as a wave of concern over the China-US trade war washed over markets. | |
| 来源: Shanghai Daily |
广交会聚焦科技亮点开幕
2025-10-16
| The 138th Canton Fair, now formally known as the China Import and Export Fair, opened in the southern city of Guangzhou, with more than 32,000 companies participating and the accent on advanced technologies. It is the oldest and largest exhibition of its kind in China. This year's highlights include the debut of a zone dedicated to smart health care, bringing together 47 companies specializing in surgical robots, intelligent monitoring systems and wearable medical devices. A separate zone on robotics will return, with 46 exhibits ranging from the latest humanoid robots to robotic dogs. Intelligent transformation with feature 18 exhibition sections focusing on smart technologies and showcasing more than 350,000 products. A section dedicated to green technologies will feature energy storage systems and advances in hydrogen energy, with more than 1 million low-carbon products on exhibit. The fair will run through November 4. | |
| 来源: Shanghai Daily |
