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China’s services: A window into China’s new momentum of opening up
Business

China’s services: A window into China’s new momentum of opening up

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. Editor's note: Muhammad Zamir Assadi, is director, China Desk, at Lord Media Network, Pakistan, and Liu Xinran is a CGTN editor. The article is an account by Mr Assadi, who had the opportunity to explore Jinan, Jilin province, and Beijing recently. He notes various aspects of his China experience that left an indelible mark. His co-author Liu Xinran places his learings in the broader context of China's services boom, which is showcased at the 2026 China International Fair for Trade in Services (CIFTIS). The article reflects the authors' opinions and not necessarily that of CGTN. My recent visit to China provided me with a great opportunity to explore Jinan, Jilin Province, and Beijing, giving me the perfect chance to make an impactful visit to these areas of the country that has emerged as the second-largest economy in the world and a technological central hub of global inventions.

September 10, 2026
2026 CIFTIS: Norway is more than salmon and Haaland
Business

2026 CIFTIS: Norway is more than salmon and Haaland

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. What do you know about Norway? A Scandinavian country with salmon that is popular around the world. But that's only part of the story at this year's China International Fair for Trade in Services (CIFTIS). Norway has presented a pavilion featuring a wide range of exhibits as this year's Guest Country of Honor. CGTN's Wang Mengjie tours the booth with Henning Kristoffersen, Commercial Counselor of the Norwegian Embassy, revealing how Norway's interests come as China's services trade continues to grow.

September 10, 2026
Why the world needs BRICS: From economic weight to global growth
Business

Why the world needs BRICS: From economic weight to global growth

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. As the 18th BRICS Summit gets underway in New Delhi, the bloc's economic weight is hard to overlook. BRICS countries account for roughly 40% of global GDP on a purchasing-power-parity basis and more than half of global economic growth. Their vast energy, agricultural and infrastructure resources further strengthen their economic influence around the world.

September 10, 2026
China’s services fair opens with two highlights
Business

China’s services fair opens with two highlights

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. The 2026 China International Fair for Trade in Services opened in Beijing on Wednesday. This year’s event highlights both services for companies seeking overseas expansion as well as technological upgrades in the services trade.

September 10, 2026
AmChina Shanghai 2026 Report: Business confidence rebounds sharply
Business

AmChina Shanghai 2026 Report: Business confidence rebounds sharply

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. AmCham Shanghai released its 2026 China Business Report on Sep 10, 2026./CGTN The American Chamber of Commerce Shanghai's 2026 China Business Report shows a sharp rebound in business confidence, supported by stronger financial performance, an improved geopolitical landscape and regulatory progress.The report shows profitability rebounded to the highest rate since 2019, with nearly four in five respondents (78%) profitable in 2025, a seven-percentage-point (pp) increase from the previous year.Business confidence bounced back markedly after four years of record lows, with 58% of respondents (up 17 pp year-over-year) now optimistic about China’s five-year business outlook.A majority (55%) said that the business environment in China is transparent, up 7 pp.

September 10, 2026
China firmly opposes US groundless allegations on Chinese AI firms
Business

China firmly opposes US groundless allegations on Chinese AI firms

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. The exterior view of China's Ministry of Commerce, Beijing, China, September 3, 2026. /VCG China's Ministry of Commerce on Wednesday voiced firm opposition to the recent US announcements that Chinese artificial intelligence (AI) companies are engaged in so-called industrial-scale efforts to distill capabilities from US AI models, calling the accusations groundless and without legal basis. The US move politicizes distillation, which is a normal technical and commercial issue in the AI industry, a ministry spokesperson said, adding the US announcements are another proof of the country's pursuit of technological hegemony and computing power monopoly in the AI field, as well as its suppression of competition. Distillation is a common practice for mutual learning among AI models, which is essentially a neutral technical means used by global model companies including US firms. It can help models enhance their learning efficiency, achieve more efficient utilization of human knowledge, and is significant for the development of the AI industry in various countries.

September 10, 2026
Graphics: China is a key driver of global trade in services
Business

Graphics: China is a key driver of global trade in services

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. The 2026 China International Fair for Trade in Services (CIFTIS) is held at Beijing Shougang Park from September 9 to 13, drawing exhibitors from 90 countries, regions and international organizations, alongside over 1,800 offline corporate participants. A flagship showcase of China's high-level opening-up, the fair lets the world observe innovations in China's services sector and share its development gains. China's trade in services keeps expanding and upgrading. In the first half of this year, the total value of China's services imports and exports reached nearly 3.8 trillion yuan (about $570 billion), up 8.3% year on year. Services exports exceeded 1.5 trillion yuan, rising 17.6%. Knowledge-intensive services trade hit 1.66 trillion yuan, or 44% of the total services trade volume, showing a shift to higher-value segments. "Services consumption and trade have become a vital pillar for bolstering economic growth," said Li Jun, director of the Institute of International Trade in Services under the Chinese Academy of International Trade and Economic Cooperation.

September 10, 2026
Rubio defends US strikes on boats, warns of drug cartel ‘cancer’
Business

Rubio defends US strikes on boats, warns of drug cartel ‘cancer’

US Secretary of State pledges continued military operations against suspected drug traffickers in Latin American waters US Secretary of State Marco Rubio defended controversial strikes on suspected drug-trafficking boats during a visit to Ecuador on Wednesday, arguing Latin American cartels would “eat these countries alive” if left unchecked. Hailing a new generation of conservative leaders emerging across the region who are allied with President Donald Trump, Rubio said Washington was finding partners willing to be “very aggressive” against criminal groups. Since Trump returned to power, the United States has embraced air strikes against vessels plying known trafficking routes in the Caribbean and eastern Pacific. According to Pentagon figures, the operations have killed more than 200 people. Rights groups, fishermen and their relatives have questioned the campaign, alleging vessels were targeted without sufficient evidence of links to trafficking. Experts have also questioned whether they do anything to curb the flow of cocaine and other drugs to the United States – the world’s largest consumer.

September 10, 2026
Fire engulfs Philippine ferry, killing 5 and leaving 87 missing
Business

Fire engulfs Philippine ferry, killing 5 and leaving 87 missing

The MV June Aster had departed from Manila and was near a tourist hotspot in Palawan province when the blaze started At least five people were killed and 87 remain unaccounted for after a fire erupted aboard a ferry near a tourist hotspot in the Philippine province of Palawan, the coastguard said on Thursday. The fire aboard the MV June Aster broke out on Wednesday evening about 2.2km (1.3 miles) offshore, the coastguard said, adding that five casualties had been brought ashore. Video shared by the coastguard on social media showed the vessel completely engulfed in flames. “Based on the data we have right now on rescued [42] and the casualties, we still have 87 people who are unaccounted for,” coastguard Captain Noemi Cayabyab told a local radio station on Thursday, adding the ship’s manifest had listed 134 passengers and crew. “Just to make it clear, this is live data and may change as our search and rescue operations are ongoing,” she said. Of those rescued, 38 were passengers and four were crew, Cayabyab said.

September 10, 2026
Is the Philippine military ‘massively underfunded’?
Business

Is the Philippine military ‘massively underfunded’?

Defence Secretary Gilberto Teodoro Jnr has warned there could be no military recruits next year due to budget cuts In 2024, Marcos approved a revised 1.9 trillion Philippine pesos (US$30 billion) plan to acquire newer military assets until 2034, aiming to enhance the capability of the military to project power in parts of the South China Sea that Manila considers its territory, in line with the emphasis on archipelagic defence. In his State of the Nation Address in July, Marcos vowed to “do all that is necessary to continue upholding” the 2016 arbitral award, under which a tribunal’s ruling in The Hague negated China’s nine-dash line, which overlaps with the Philippines’ claims in the contested waterway. Defence and security analyst Manuel Mogato called Marcos’ promise “mere lip service”, adding that the yearly budget should be at least 100 billion pesos to achieve military modernisation by 2034. Mogato said: “He [Marcos] promised to prioritise modernisation. But he did not give any money [for new military hardware] for next year.”

September 10, 2026
China’s Communist Party quietly signals social stability push with new high-level body
Business

China’s Communist Party quietly signals social stability push with new high-level body

Central Committee social governance group, while not formally announced, has been operational for a while, provincial reports indicate Beijing has never officially announced the formation of the body, nor disclosed who leads it. However, a trail of local government reports in recent months has offered quiet evidence of the group’s active operations. The latest hint came on Monday, in an online post from the social works department of Ulanqab, Inner Mongolia autonomous region. The city authority said that it had convened a meeting to “convey and study” the spirit of “the fifth plenary meeting of the Central Leading Group for Social Governance” alongside that of its regional counterpart in Inner Mongolia. The report came in the form of a statement posted to the department’s official social media but appears to have since been taken down. The statement showed that the high-level social governance group had been active for a while – having recently held its fifth meeting – and that a network of provincial counterparts had also been set up.

September 10, 2026
Social media must join the fight against teen suicides
Business

Social media must join the fight against teen suicides

The causes are complex, and home and school problems are major factors, but the digital environment is a significant amplifier of distress As we observe World Suicide Prevention Day on September 10, the global community reflects on a sobering reality: suicide remains a leading cause of death among young people. Every year, more than 720,000 people die by suicide – each life a story cut short, a family shattered, a community left to grapple with unbearable loss. Their impact on mental health deserves attention. For decades, my team at the CSRP has tracked the data, studied the patterns and advocated for evidence-based solutions. The evidence is overwhelming. Excessive use of social media is correlated with poor mental health and deteriorating family relationships. The causes of youth suicide are complex – home and school problems are major, intertwined contributors – but the digital environment has become a significant amplifier of distress.

September 10, 2026