In economic theory, "overcapacity" is inherently a recurring feature of the market economy's dynamic "balance - imbalance - rebalance" cycle, for which no universally accepted definition exists.

When the sun goes down, China's cities come alive. From water shows and ancient town night tours to bustling street markets, nighttime is becoming a new driver of summer consumption. In just a few years, China's night economy has expanded into a trillion-yuan market.CGTN has launched "China Cool:

China's civil aviation regulator on Friday released a development plan for the civil aviation industry during the 2026-2030 period.

John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR), met with ASEAN Secretary-General Kao Kim Hourn on Friday to discuss deepening cooperation between Hong Kong and ASEAN member states.

The global market for anti-obesity drugs is expected to reach $130 billion by 2030, according to Goldman Sachs, as soaring demand for blockbuster treatments such as Ozempic and Mounjaro reshape the pharmaceutical industry.

The US Federal Aviation Administration (FAA) has ordered inspections of hundreds of Boeing 737 MAX jets for cracks in the aircraft's fuselage, warning that undetected damage could compromise structural integrity.