China's Ministry of Industry and Information Technology (MIIT) has released a draft action plan targeting quality upgrades in light industry products, proposing to formulate new standards for emerging categories such as pet household appliances and service robots designed for special-needs

German automaker BMW on Wednesday reported a sharp decline in first-quarter profit, citing the impact of US auto tariffs, and warned that trade-related pressures would continue to weigh on earnings throughout the year.

The International Monetary Fund (IMF) on Wednesday formally launched its latest Regional Economic Outlook for Sub-Saharan Africa in the Rwandan capital, Kigali, saying that the region has made significant economic progress but remains highly vulnerable to external shocks.According to the report

French President Emmanuel Macron on Wednesday called for "all parties" to lift the blockade of the Strait of Hormuz "without delay and without conditions," after a telephone talk with Iranian President Masoud Pezeshkian."We must return permanently to the regime of full freedom of navigation that

The just-concluded 2026 May Day holiday has offered a vivid snapshot of China's booming consumer market, with both service and goods consumption logging stellar growth, pointing to robust endogenous momentum underpinning the world's second-largest economy.POLICY SUPPORT SPARKS VITALITYChina has

China's private space company Beijing Guodian High-Tech Technology Co has received approval from Ministry of Industry and Information Technology (MIIT) to conduct the country's first commercial pilot program for satellite-based Internet of Things (IoT) services, the company told the Global Times on