Global economic growth is projected to be 2.9 percent in 2026 and 3.0 percent in 2027, according to the latest Economic Outlook released by the Organization for Economic Cooperation and Development (OECD) on Wednesday.

The global new energy vehicle (NEV) market is expanding rapidly, with NEVs now accounting for more than 25% of global vehicle sales, an official from China's Ministry of Industry and Information Technology said at the 2026 World New Energy Vehicle Congress on Tuesday.

Tesla CEO Elon Musk has credited the company's Chinese workforce for the success of its Shanghai Gigafactory, praising the team's talent, dedication and manufacturing efficiency in an interview with CCTV Finance released on Wednesday.Musk said China has an inherent strength in manufacturing,

China's increasingly strong position in global value chains is making it indispensable for global players, and that also include European companies, according to the head of the European Union Chamber of Commerce in China (European Chamber) on Tuesday.

Chinese Premier Li Qiang on Tuesday called for efforts to vigorously develop next-generation intelligent manufacturing, accelerate the cultivation of emerging and future industries, and continue to expand and strengthen advanced manufacturing.Li, also a member of the Standing Committee of the

Editor's note: Yu Bokun is a CGTN economic commentator. The views expressed in this article are the author's own and do not necessarily reflect those of CGTN.For years, the economic relationship between China and the United States has been described in terms of competition: Who sells more, who