Uruguayan Foreign Minister Mario Lubetkin announced Thursday that Uruguay will waive visa requirements for Chinese citizens holding ordinary passports, the Xinhua News Agency reported on Friday.

Greater ease of travel between China and Uruguay will contribute to better mutual understanding and more exchanges and cooperation between the two peoples, Chinese Foreign Ministry spokesperson Mao Ning said on Friday following the announcement.

Chinese experts said that the move reflects continuing steady momentum of ties between the two countries, a positive response of China's earlier visa-free policy to the countries in the broader geographical context of the Latin-American region, and a growing recognition of China passport in the region.

Positive response

At the instruction of President Yamandu Orsi, Uruguayan Foreign Minister Mario Lubetkin announced on Thursday during the farewell event for Chinese Ambassador Huang Yazhong the start of a process to allow Chinese citizens to enter Uruguay without a visa, according to a post by Cancillería Uruguay, the country's foreign ministry, on X platform.

The measure will especially benefit growing tourism from that part of the world, and comes in reciprocity to the step taken by Chinese authorities at the beginning of 2025, which will help significantly boost this sector that is highly important to the country's economic development, according to the post.

The move came after Chinese Foreign Ministry announced last year starting June 1, 2025, China's visa-free policy will benefit nationals of Brazil, Argentina, Chile, Peru and Uruguay, with the trial period lasting until May 31, 2026.

The news about Uruguay's visa-free policy for Chinese citizens quickly drew attention from local media, with outlets including Uruguayan television Subrayado, La Diaria and Montevideo Portal reporting on the Uruguayan Foreign Ministry's announcement.

According to Montevideo Portal, the measure aims to especially promote the growth of Chinese tourism and strengthen bilateral ties between the two countries.

At the bilateral level, the reciprocal visa-free arrangements are an important part of the China-Uruguay comprehensive strategic partnership. They reflect the continuing momentum of China-Uruguay ties and will help facilitate investment and trade between the two countries. More broadly, they represent a positive response to China's visa-free policy for five Latin American countries, Wang Youming, Director of the Institute of Developing Countries at the China Institute of International Studies in Beijing, told the Global Times on Friday.

According to Xinhua, the Brazilian government also announced that Brazil will implement a visa-free entry policy for Chinese citizens holding valid ordinary passports, starting May 11, 2026.

Recent high-level interactions have also underscored the steady momentum in China-Uruguay relations. On May 28, Chinese Foreign Minister Wang Yi met with Mario Lubetkin in New York. Earlier this year, in February, President Yamandú Orsi paid a state visit to China. During his visit, China called for strengthening the alignment of development strategies, and deepening cooperation in areas such as economy and trade, finance, agriculture and animal husbandry, infrastructure construction, and information and communications technology, according to an earlier report by Xinhua in February.

According to a release from the Chinese Foreign Ministry, since the establishment of diplomatic relations, the biggest features of China-Uruguay relations have been maturity, stability and predictability.

China is not only Uruguay's largest trading partner, but also a major trading partner of Latin America and the largest trading partner of many South American countries.

Wang Youming said that China's vast consumer market, especially its demand for agricultural and livestock products, matches the export needs of many Latin American countries, including Uruguay, where beef exports play an important role in driving the economy.

The visa-free move is an important step in implementing the consensus and cooperation measures reached by the two sides, especially after the Uruguayan president's visit to China earlier this year. More than boosting tourism, the policy will also benefit business exchanges, trade and investment facilitation between the two countries, Wang said.

Jiang Shixue, a professor at the Center for Latin American Studies at Shanghai University, told the Global Times on Friday that China-Uruguay trade shows a complementary pattern, as the two countries' trade structure reflects their respective comparative advantages. Uruguay mainly exports primary products and raw materials while China mainly exports manufactured goods such as mobile phones and air conditioners.

According to statistics from China's General Administration of Customs, bilateral trade between China and Uruguay reached $7.19 billion in 2025, with China's exports standing at $3.68 billion and imports at $3.51 billion.

China passport sees growing recognition

Located in southeastern South America, Uruguay sits on the eastern banks of the Uruguay River and the Río de la Plata, bordering Brazil to the north, Argentina to the west and the Atlantic Ocean to the southeast. Its vast grasslands, long coastline, unhurried pace of life and rich cultural heritage together shape the distinctive charm of this South American country, according to media reports, citing Xinhua.

Data from Chinese online travel platform Qunar showed that as of Friday morning, searches for flights from China to Uruguay had risen significantly, with searches for Montevideo, Uruguay's capital and the most popular local destination for Chinese travelers this year, surging dozens of times compared with the previous week. Qunar's research institute said that as Brazil has already implemented a visa-free policy for Chinese citizens, travelers can now combine Uruguay and Brazil in one trip and visit multiple South American countries with lower costs.

The visa-free move also reflects the growing recognition of Chinese passports among Latin American countries, as well as China's rising international standing and the continued improvement of China-Latin America relations, Jiang said.

Data from another online travel platform Tongcheng Travel also pointed to rising interest in Uruguay after the announcement. The platform said the expansion of visa-free destinations is helping stimulate demand for long-haul outbound travel, while the upcoming 2026 FIFA World Cup in North America could further boost "match-watching plus South America tour" itineraries, making visa-free South American destinations more attractive to Chinese travelers.

Official data from platforms including the China Consular Affairs website show that at present, 62 countries and regions allow visa-free entry for Chinese citizens, 37 offer visas on arrival, and 49 allow entry with e-visas. After removing overlaps, the total reaches 123 countries and regions, accounting for about 64 percent of the 193 UN member states.

As of April 2026, research by Henley & Partners showed that China's ordinary passport had a Henley Passport Index score of 82 and ranked 55th among 101 places globally, its highest level in recent years.

The visa-free move can also be viewed in a broader regional context, Wang said, noting that Uruguay is an important member of Mercosur and has long supported closer trade arrangements with China, including efforts to advance China-Uruguay free trade cooperation and broader China-Mercosur economic engagement.

It is the time of the year once again when one examination commands the concern of the nation. As China's national college entrance exam, or gaokao, began on Sunday, scenes at test sites captured the moment: parents offering hugs and encouragement as students stepped into exam halls for one of the most pivotal tests of their lives. Some mothers wore qipao, a traditional dress symbolizing qikaidesheng, or success at the outset.

A total of 12.9 million students have registered for this year's gaokao, with 7,981 testing centers and about 348,000 examination rooms set up across the country. Chinese language and mathematics are the subjects tested on the first day of the exam, media reported.

Authorities have mobilized a wide range of resources, from traffic control and noise-reduction measures to AI-powered anti-cheating systems and emergency medical services to ensure a smooth and fair examination process. This year's essay topics, which repeatedly touched on technology and societal change, illustrate how the gaokao reflects China's evolving social values and supports the country's strategic priorities.

Since the gaokao's restoration in 1977, the college entrance examination is not only a selection process, but also an important engine of national development and social mobility. The gaokao has continuously provided China's higher education institutions with high-quality students, cultivated a large number of professionals for national strategy, economic development and technological innovation, and fostered a social ethos that values knowledge and upholds fairness, analysts said. 

Ensuring a convenient and fair environment

At Beijing No. 8 Middle School, students and parents began gathering outside the testing center hours before the first exam. Parents were seen holding signs to encourage their children, one of which read, "May success bear your name, and may our paths cross at the summit."

Police officers and community volunteers offered assistance and distributed messages of encouragement, while a temporary service station helped students resolve last-minute identification issues.

Across China, local governments have mobilized resources to support the students taking this year's gaokao. In Yuncheng, North China's Shanxi Province, testing centers are equipped with cooling facilities, backup audio systems and round-the-clock medical support. Outside exam venues, authorities have stepped up traffic management, noise control and food-safety inspections in an effort to ensure that students can focus on one of the most important exams of their lives.

During the gaokao, market supervision authorities across Guangzhou launched targeted inspections to safeguard students, covering food safety, stationery quality, special equipment and even anti-cheating measures. In several districts, officials checked canteens, nearby restaurants, catering services and student accommodations to ensure safe meals, according to a notice published by the authorities.     

In a notice issued on June 6, the Ministry of Education (MOE) reminded candidates to observe exam discipline and refrain from bringing mobile phones, smartwatches, smart glasses or other wireless communication devices into testing centers, requiring any such items to be stored at designated locations before entering examination rooms.

To curb cheating during the gaokao, testing centers across China have deployed technologies including AI-powered monitoring systems and smart security screening gates. 

In Beijing, candidates are barred from bringing smart glasses into testing venues, while in Guangzhou, Guangdong Province, security gates have been upgraded to better detect concealed wearable devices. AI monitoring systems used in many examination rooms can automatically flag unusual behavior by test takers and generate video clips for further review, according to China Central Television. 

Keeping pace with the times

China's 2026 gaokao essay questions featured five sets of papers, each with its own writing task. Education officials told the Xinhua News Agency that the essay questions were designed to reflect contemporary themes, promote critical thinking and values education, and encourage students to apply what they have learned to real-world issues.

Compared with last year, technology featured more prominently in this year's essay questions. In Beijing, one prompt asked students to draft a promotional message for a volunteer event themed "Artificial Intelligence and a Happy Retirement," to encourage the participation of seniors ahead of the Chongyang Festival.

In Shanghai, the essay topic also focused on technology, asking candidates to reflect on how it reshapes the world and transforms the way we imagine it.

One of the essay prompts in National Paper I asked students to reflect on a word whose meaning had evolved for them as they grew up, and to discuss how that change reflects their personal development and understanding of a rapidly changing world.

The recent changes to gaokao essay topics and university programs reflect broader efforts to align education with evolving social and economic needs, Zhang Yiwu, a professor in the Department of Chinese Language and Literature at Peking University and director of its cultural and arts committee, told the Global Times. 
Zhang said the prominence of argumentative writing underscores a growing focus on critical thinking, analytical skills and clear expression, while universities are increasingly channeling resources toward emerging fields such as artificial intelligence and other strategically important disciplines. The shift, Zhang said, reflects a move beyond merely adjusting existing programs toward cultivating new areas of growth.

In January, the Ministry of Education issued a notice on the gaokao, outlining plans to improve the quality and broaden the reach of higher education, with an emphasis on expanding enrollment in top-tier undergraduate programs. 

Universities are restructuring their academic offerings to prioritize foundational disciplines, emerging fields, interdisciplinary studies, and areas of high demand, in line with national priorities for scientific innovation and industrial development. At the same time, existing programs are being updated and refined, supporting China's pursuit of advanced scientific and technological self-reliance, reads the notice.

Moreover, this year, multiple Chinese universities have rolled out new undergraduate programs such as embodied intelligence, low-altitude economy and management, as well as marine intelligence and unmanned technologies, aiming to meet the country's emerging strategic and industrial needs, according to an updated catalog recently issued by the MOE.

The college entrance examination has long remained a focal point of concern for Chinese society, not only because it shapes the personal development of candidates and their families, but also because it reflects the nation's enduring emphasis on education and knowledge. The exam carries the public's expectations for fairness and social mobility, Zhang noted, adding that trends in the gaokao provide a window for observing broader societal changes and evolving values.

As technological competition grows increasingly intense, technological security has become an important area of national security. Once sensitive scientific research data is leaked, it may not only affect the future prospects of researchers themselves, but also potentially endanger national security, read an article by the Chinese Ministry of State Security (MSS) on Wednesday.

A casually disclosed update on research progress, or the upload of unauthorized materials — such "unintentional mistakes" may well lead to the leakage of scientific research information, therefore requiring serious attention and prevention, the article warned.

The article cited one case as an example. In order to increase the chances of acceptance when submitting papers to international journals and academic conferences, a researcher, without undergoing the required confidentiality review by his or her institution, included detailed information in the appendix and supplementary materials, such as the core structure of equipment, key technical parameters, and distinctive experimental sample data. This resulted in the leakage of important technical details, and the individual concerned as well as relevant responsible personnel were held accountable, according to the article.

Another case showed that a staff member from a domestic university, while conducting a visiting study overseas, stored sensitive data including unpublished raw experimental data and interim research parameters, on an overseas cloud drive and in a personal overseas email account for research convenience, without completing the required confidentiality approval procedures for the cross-border transfer of research data. 

A foreign partner institution obtained core scientific research information through backend extraction and published related academic findings ahead of others, resulting in the loss of value of domestic research achievements. The individual concerned and relevant responsible personnel were held accountable, the MSS article wrote.

The MSS article also warned of photo-sharing leaks. In one case it provided, some university students and researchers casually took photos of experimental scenes, instruments and equipment, and new devices while conducting experiments in laboratories, operating precision equipment, or testing experimental platforms, and then post them on online social media platforms. 

These seemingly ordinary daily-life posts may be captured by foreign espionage and intelligence agencies or relevant research institutions, which may analyze them to identify sensitive information such as equipment performance, technical shortcomings, experimental conditions, and research progress, creating risks of leaks and disclosure.

Another case showed that some researchers, when attending overseas academic forums or online seminars, lack sufficient vigilance against targeted technical questions, data inquiries, and probing into research topics raised by foreign participants, and casually disclose key details such as technical principles and process flows. Such remarks, made in passing, may become high-value intelligence for foreign espionage and intelligence agencies or relevant research institutions.

Strictly observing confidentiality requirements in scientific research and building a strong line of defense are essential, the MSS article underscored.

The collaboration between China and the European Union in the realm of climate change has seen significant advancements. This cooperation has increasingly become a highlight of the comprehensive strategic partnership between the two sides, according to an official from China's top environmental authority on Sunday.

"Climate change is a common challenge facing all of humanity. Both China and the EU, as influential developing and developed economies, respectively, attach great importance to addressing climate issues," Pei Xiaofei, the spokesperson for the Ministry of Ecology and Environment (MEE), told the Global Times at the ministry's monthly press conference on Sunday.

The two sides have a solid foundation for climate cooperation. In recent years, they have issued joint statements on climate change, jointly initiated ministerial meetings on climate action, and signed and implemented a memorandum of understanding on enhancing carbon emission trading cooperation, conducting fruitful policy dialogues and practical cooperation. 

"Climate change cooperation has increasingly become a highlight of the comprehensive strategic partnership between China and Europe," he noted.

From April 8 to 11, a delegation representing climate envoys from the European Union and member states France, Germany, the Netherlands, and Denmark successfully visited China. 

During their visit, Special Envoy Liu Zhenmin and Deputy Minister Zhao Yingmin met with their European counterparts to discuss the focal points of the multilateral climate process, respective climate policies and actions, and China-Europe climate cooperation, according to Pei.

"Both sides agreed to implement the important consensus of Chinese leaders, deepen climate dialogue and cooperation, and jointly promote global climate governance," he introduced.

In 2020, China and the EU decided to establish a China-EU High-level Environment and Climate Dialogue and a China-EU High-level Digital Cooperation Dialogue, and forge China-EU green and digital partnerships.

This action not only enriches the strategic content of China-EU cooperation but also provided a systematic framework for China and Europe to jointly address the challenges of the era, Pei said.

China is willing to work with Europe to deepen planning cooperation in areas such as international climate negotiations, carbon markets, climate adaptation, and climate finance, and to make a positive contribution to the global response to climate change, he said.

According to the Dutch Embassy in China, the envoys learned about the impacts of climate change on China and visited the State Grid Corporation of China to discuss challenges and solutions related to integrating renewable energy into the power grid. 

The embassy's report highlighted that this visit marked a crucial step in China-Europe climate diplomacy and laid the groundwork for successful future cooperation. Constructive and regular dialogue between the EU and China is deemed essential for enhancing mutual understanding.

China's climate envoy Liu, before the visit, told the Global Times at an event in South China's Hainan Province that "our exchanges aim to strengthen the sharing of experiences in responding to climate change. The dialogue between China, Europe, and the US mainly focuses on how to effectively maintain measures against climate change and the multilateral process of global climate change."

The free trade agreement (FTA) between China and Ecuador will become effective from May 1, China's Ministry of Commerce (MOFCOM) said on Monday. The move comes as China welcomes foreign ministers from Argentina, Bolivia and Peru as relationship between China and Latin American countries deepens.

Experts said that the deepened trade ties between China and Latin American countries show a clear economic complementarity between the two sides, which has strong sustainability and is less vulnerable to global economic and geopolitical factors.

China and Ecuador will cancel tariffs on 90 percent of tax items from each other in phases, of which about 60 percent will be canceled immediately after the agreement comes into effect, the MOFCOM said.

It means that most products from China entering the Ecuadorian market, such as plastic products, chemical fibers, steel products, machinery, electrical equipment, furniture, automobiles and parts, lithium batteries, will see import tariffs gradually reduced from the current 5 to 40 percent to zero. Similarly, Ecuadorian products like bananas, shrimp, fish, fish oil, fresh and dried flowers, cocoa, and coffee entering the Chinese market will also see import tariffs gradually reduced from the current 5 to 20 percent to zero.

"China has been making significant progress in advancing free trade negotiations in Latin America in recent years, including with Ecuador and it showcases a clear economic complementarity between the two sides," Zhou Zhiwei, an expert in Latin American studies at the Chinese Academy of Social Sciences told the Global Times.

Ecuador's agricultural and seafood products to China are expected to see significant boost once the FTA comes into effect, Zhou said.

The recent visits of several Latin American foreign ministers to China also reflect the positive trend of cooperation between China and Latin American countries and the complementarity of both sides in the economic field which "has strong sustainability and is less vulnerable to global economic and geopolitical factors," Zhou noted.

Argentina's Minister of Foreign Affairs, International Trade, and Worship, Diana Mondino, is visiting China from Saturday to May 1.

In addition, Minister of Foreign Affairs of Bolivia Celinda Sosa Lunda and Minister of Foreign Affairs of Peru Javier González-Olaechea Franco are also visiting China from April 28 to 30.

There are extensive prospects for cooperation between China and Argentina in the fields of new energy, with Argentina being a country rich in lithium resources, Jiang Shixue, a professor at the Center for Latin American Studies at Shanghai University, told the Global Times on Monday.

According to public information, China is Argentina's second largest trading partner, accounting for 13.8 percent of Argentina's total foreign trade. China is also Argentina's third largest export market and second largest source of imports. Chinese direct investment in Argentina is mainly focused on infrastructure, energy, and the new-energy industry.

Advancing in areas such as energy transition and agricultural cooperation is essential to support Argentina's key industries, Zhou said.

In terms of new-energy cooperation, the maturity of Chinese technology, coupled with predictable investments, is crucial for countries like Argentina to achieve sustainable economic growth, Zhou added.

The active communication and exchanges between China and Latin American countries also showed their confidence in China's market and economic growth, experts said.

As Latin American countries are intensively seeking cooperation with Asia-Pacific countries, the importance of China in the Asia-Pacific region is undeniable when considering market demand and investment availability, Zhou said.

China's trade with Latin American countries expanded 8.3 percent year-on-year in the first three months of 2024 to reach $120.63 billion, according to data from Chinese Customs.

China's Ministry of Commerce (MOFCOM) said on Wednesday it firmly opposes Washington's abuse of export controls and relentless attacks on certain Chinese firms, after the US revoked chip export licenses to Huawei amid suppression of China's tech sector.

The US revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops and handsets to Huawei, Reuters reported on Tuesday, citing people familiar with the matter.

The US Commerce Department confirmed that it had revoked some licenses, without specifying which, according to the report.

The US export restrictions on the purely civilian use of chips are a typical act of economic coercion, which violates WTO rules and harms the interests of US firms, the MOFCOM said.

The actions taken by the US seriously violate its commitments to "not seeking decoupling from China" and "not hindering China's development" and they contradict the claim of "accurately defining national security," the MOFCOM added.

The move came after Huawei launched its first artificial intelligence-enabled laptop last month that uses Intel's new Core Ultra 9 processor, which drew fire from some US politicians, who claimed that such licenses had contributed to Huawei's resurgence.

Huawei was put on a US trade restriction list in 2019 meaning that the company's suppliers have to seek a special, difficult-to-obtain license before shipping. The licenses allow Qualcomm to sell older 4G chips for Huawei's handsets and Intel to ship central processors to Huawei for use in its laptops, Reuters reported.

US House Foreign Affairs Committee Chairman Michael McCaul confirmed the administration's decision in an interview on Tuesday. He said the move is key to preventing China from developing advanced artificial intelligence (AI), Bloomberg reported.

Experts said that it is impossible for the US to stop China's development of advanced AI through these restrictions, and the measures taken by the US will only make Chinese companies more determined to develop alternatives.

These export restrictions mainly affect end products, which may have a short-term impact on the sales of some low-end Huawei phones and some laptops, but the long-term impact will not be significant, Xiang Ligang, director-general of the Beijing-based Information Consumption Alliance, told the Global Times on Wednesday.

Xiang said that the US sanctions have forced Huawei to become even stronger. Huawei last year launched a new phone using its self-developed Kirin 9000S chip, a breakthrough that it was forced to make under the US sanctions.

As for laptop chips, if they are truly cut off, it will also make Huawei more determined to develop its own computer chips, Xiang said.

Despite the US restrictions, Huawei's revenue continues to grow rapidly. In the first quarter, Huawei achieved revenue of 178.45 billion yuan ($24.69 billion), up 36.66 percent year-on-year. Net profit rose more than fivefold to 19.65 billion yuan.

According to market research firm Canalys, in the first quarter, Huawei regained the top spot in the Chinese mainland smartphone market after 13 quarters, with a share of 17 percent.

Ma Jihua, a veteran telecom industry analyst, said that in response to the increasing chip capabilities of Chinese technology companies, the US has no more cards to play except to constantly patch up existing restrictions, a move that shows its bitterness in the face of China's technological advances.

The tightening of restrictions is merely a maneuver by certain US politicians to showcase their toughness on China. The actual impact is likely to be minimal and the effectiveness of the restrictions will diminish over time, Ma told the Global Times on Wednesday.

Forcing malicious competition against China, decoupling and cutting supply chains will only result in mutual harm, experts said.

As Chinese companies are progressing toward self-sufficiency, the performance of US companies is severely affected by the restrictions, resulting in weak demand for their products.

Bloomberg reported that Huawei is no longer among the top 10 customers of Qualcomm, and it is also not on Intel's list of top customers.

In April, Intel said its second-quarter revenue and profit would be below market estimates as it faces weak demand for its traditional data center and personal computer chips and trails in the surging market for AI components.

Over one-third of respondents from 20 countries expect the future relationship between China and the US to "maintain status quo," in the coming year while nearly one-third hope for relations "to be eased." Meanwhile, over half of respondents from 20 countries expressed great concern over the spillover effects of US domestic issues that might negatively impact the world, according to a recent survey conducted by the Global Times Institute (GTI) released on Saturday.

In the survey, close to 20 percent of respondents chose "conflict" as their preferred outcome in the question related to their expectations in the development of bilateral ties between China and the US in the coming year.

From November 7 to December 1, 2023, the GTI conducted a survey using a commercially available online sample library to invite respondents across 20 countries to participate. The survey was conducted in 16 languages including Chinese, English, Spanish, German, Arabic, and French, and targeted residents aged 18 and above in 20 countries including China, South Korea, Japan, the Philippines, Indonesia, India, Saudi Arabia, Turkey, Russia, Italy, Germany, France, the UK, the US, Australia, South Africa, Egypt, Kenya, Brazil, and Argentina. A total of approximately 17,000 valid questionnaires were collected.

The survey covers a range of questions, including how respondents in foreign countries view China-US relations, the Chinese path to modernization, and how respondents anticipate their countries' relations with China will change.

Apart from China and the US, over 30 percent of respondents from 10 countries hope for the trend in the bilateral ties between China and the US to be eased with Germany, Italy, Indonesia, and South Korea exceeding 40 percent. Japan, Kenya, and India had over 40 percent of respondents hoping for the relationship to "maintain status quo," while 14 other countries had over 30 percent opting to maintain the status quo.

Seven countries had over 20 percent of respondents choosing "conflicts" between China and the US in the coming year with respondents in Argentina, Turkey, and India exceeding 30 percent.

For China and the US, the proportion of respondents hoping for the relationship to remain unchanged was very close. Chinese respondents had a higher percentage (9 percent) expressing hope for easement in bilateral ties compared to their American counterparts, while American respondents had higher percentages opting for conflicts and opining it was "hard to say" compared with Chinese respondents.

In 2023, China-US relations experienced a tumultuous year marked by various events from the "balloon incident," and the relentless imposition of restrictions by the US on China across multiple domains. However, a temporary easing of tensions occurred with the summit meeting between the two countries' leaders in San Francisco in November.

The interactions between China and the US this year have reached a new level, the highest in the last five years, Wu Xinbo, director of the Center for American Studies at Fudan University, told the Global Times in a previous interview.

Wu noted that the success of the San Francisco summit has become a highlight in the bilateral relations in recent years, or could be seen as a new starting point for China-US relations. And the question now is whether the two sides can move forward.

On average, over half of the respondents from the 20 countries expressed a high level of concern (very worried + somewhat worried) about the spillover effects of US domestic political, economic, and social issues and their adverse impact on the world, with over a quarter having some concerns.

Looking at individual countries, Indonesia, the Philippines, Italy, Germany, and Kenya had over 60 percent of respondents expressing a high level of concern. Nine countries, including China, Japan, and South Korea, had a similar high proportions or above 50 percent.

Regarding the US itself, 22 percent of respondents expressed that they were "very worried," and 32 percent expressed that they were "somewhat worried." A quarter of respondents noted that they were "a little worried."

According to the GTI, when comparing the 2023 and 2022 survey results, 18 countries (excluding China and the US) showed a decrease in the perception of the probable success of the current US government in containing China's continued development by roping in other countries, dropping from 48.3 percent to 45.4 percent, a decline of approximately 3 percentage points.

In 2023, except for the Philippines, India, South Korea, and Brazil, the assessment of US success by the other 14 countries was below 50 percent. Egypt, Turkey, Indonesia, Saudi Arabia, and Australia showed a significant decline in their assessment, ranging from 7 to 10 percentage points. Most other countries experienced minimal changes.

Chinese respondents' assessment of the probability of success of the current US government containing China's continued development by roping in other countries dropped significantly from 42.6 percent in 2022 to 28.3 percent in 2023, indicating a significant increase in confidence in countering US containment.

Global fund manager Fidelity International said on Tuesday that its planned layoffs in China is part of its ongoing global reshuffle to streamline its operations, stressing its long-term commitment to the Chinese market will not change, as proven by the company's continuous expansion in China.

Fidelity International is planning to lay off 20 people at its main unit in China, Reuters reported on Tuesday, citing sources familiar with the matter.

The headcount cut at Fidelity International's wholly-owned China fund unit, which currently employs 120 workers, is equivalent to around 16 percent of its total employees, said the report.

"No decision has been made and a review across all geographies and business lines is ongoing. Our long-term commitment to China market is unchanged," Fidelity International said in a statement sent to the Global Times on Tuesday.

In fact, Fidelity International expanded its presence in the Chinese market over the past years, betting on opportunities brought about by China's high-level opening up.

Recently, Fidelity International announced the opening of a new Beijing office, followed by a move of adding $30 million to the registered capital of its China funds unit, taking its overall capital base to $160 million, reflecting its confidence in the prospect of the Chinese market.

In a previous interview, Helen Huang, managing director of Fidelity International's China office, told the Global Times that China is one of the company's strategic markets in the world, eying growth in such fields as pension market, cross-border capital flow and investment advisory.

As one of the first global asset management companies to enter China, Fidelity International's presence in the market has been for nearly 20 years. Since 2004, the group has set up three offices in Shanghai, Dalian in Northeast China's Liaoning Province, and Beijing, with total employees exceeding 1,900, according to data on its Chinese website.

If EU policymakers plan to register Chinese electric vehicle (EV) imports as reported, they should think twice before taking action. Customs registration will inevitably deal a heavy blow to market confidence, and bring losses that are hard to calculate for the bloc's green transformation efforts.

Reuters reported on Wednesday that the European Commission (EC) plans to start customs registration of Chinese EV imports. According to the report, registration will start the day after the plan is published in the EU official journal, which is likely to be in the coming days.

If the report is true, the move can be seen as a typical trade protectionism practice as it disrupts the global trade order, and violates international rules as well as basic economic laws. It needs to be corrected in a timely manner before import registrations cause actual damage to the market and industry chains.

Last year, the EC launched an anti-subsidy investigation into imports of battery EVs from China. If the EU announces customs registration for Chinese EVs before the anti-subsidy investigation ends, it will undoubtedly undermine market confidence.

At the very least, it is too early for the EC to discuss whether to start customs registration, because its investigation has yet to be concluded. Otherwise, it will raise suspicions that EU officials and politicians, with no factual basis or the conclusion of an investigation, have adopted the presumption of guilt rather than the presumption of innocence against Chinese EV imports.

According to Reuters, customs registration means China's EVs may be hit by EU tariffs from the point when they are registered if the EU trade investigation later concludes that they are receiving "unfair subsidies." Although the report has not yet been confirmed, it is clear to everyone that if the EU takes a more aggressive stance toward China's EVs, a strong tendency of protectionism will not have a positive effect and may even escalate the conflict.

China's Minister of Commerce Wang Wentao in February said that China is highly concerned about the trade remedy investigation targeting Chinese EVs and other products, while also expressing strong dissatisfaction regarding the investigation, which lacks a factual basis.

Hopefully, the EU can heed China's voice so as to prevent a further escalation of the situation.

Subtle new trends have emerged recently in the EU, once an unwavering supporter of free trade. More measures have been taken to protect the EU's internal market from external competition. With the rise of trade protectionism in the EU, efforts to isolate itself from competition in the rest of the world have expanded to many fields such as EVs, photovoltaic products and wind turbines, sparking criticism from supporters of free trade. Some analysts can't help but ask: will the EU close its doors?

It is believed that the EU doesn't want to close its doors to international competitors, because the negative impact on the economy is obvious. If the EU builds a fence blocking out affordable foreign products and trying to give local companies an unreasonable competitive advantage, then an increase in the prices of final consumer goods will be transmitted to European consumers.

More importantly, EU companies will become more and more reluctant to promote technological development and innovation as a result. The European economy will lose its vitality.

We believe European policymakers have the strategic wisdom to prevent this from happening. More efforts are needed to restore market confidence. That's why we suggest that the EU should curb trade protectionism, provide a fair business environment for Chinese enterprises, and avoid registering Chinese EVs for potential additional tariffs. It is the only way the EU can maximize its own economic interests.

Chinese electric vehicle (EV) producer BYD Co overtook US-based Tesla Inc to become the world's biggest EV maker in the fourth quarter of 2023 for the first time, according to latest data from the companies. This had added another milestone to a historical year for China's auto industry as it's poised to propel China to become the world's biggest auto exporter. 

BYD's success, which also include an impressive growth rate throughout 2023 that outpaced Tesla and other EV makers, is a microcosm of the achievement in China's upgrade of its vast manufacturing industry, export sector and the domestic market - all crucial to China's high-quality development, experts said. 

On Tuesday US time, Tesla said that it delivered 484,500 EVs in the final quarter of 2023, which also marked a new record for the company. However, that means BYD, which said on Monday that it had sold about 526,400 EVs during the same period, overtook Tesla to become the world's biggest EV maker in the fourth quarter of the year for the first time.

For the whole year of 2023, Tesla retained its spot as the biggest EV maker, as it delivered a total of 1.8 million EVs, larger than BYD's total sales of about 1.57 million units. Still, BYD's recorded a year-on-year sales growth rate of 73 percent for 2023, far outpacing Tesla's sales growth of 38 percent. Such sales growth rate has also led many to speculate that BYD will surpass Tesla to become the world's biggest EV maker in 2024. 

This is also significant considering that BYD's market capitalization, at 573.17 billion yuan ($80.21 billion) as of Wednesday, represents only a fraction of Tesla's $778.42 billion. Over the past six months, BYD's shares dropped by 28.85 percent, while Tesla's shares fell by 11.22 percent. 

Despite such a huge gap in the financial market, analysts expect that BYD is well positioned to maintain its lead in EV sales in 2024 over Tesla. 

Hu Qimu, a deputy secretary-general of the digital-real economies integration Forum 50, said BYD's success is due to a slew of factors, including its own technological innovation, major policy support for industrial upgrading, a complete and stable domestic supply chain - which all helped BYD to make high-quality but affordable EVs. 

"Given all these factors, it is no wonder that BYD surpasses Tesla," Hu told the Global Times on Wednesday.  

In a statement it sent to the Global Times, BYD noted that it has grown to be the world's biggest EV company, and since its passenger car export strategy in May 2021, it has exported to 58 countries and regions around the world.

"Going forward, BYD will continue to promote the overseas expansion of passenger cars and continue to accelerate the global expansion of new-energy passenger cars," the company said. 

BYD's milestone also came as China's whole EV sector saw a bumper year in 2023. According to the latest data from the China Association of Automobile Manufactures, in the first 11 months of 2023, China's exports of new-energy vehicles jumped 83.5 percent year-on-year to 1.09 million units. Thanks to such rapid growth, China's total auto exports reached 4.41 units, up 58 percent year-on-year and outnumbering Japan's 3.99 million units during the same period. 

This also represents a landmark event for China's auto industry as it becomes the world's biggest auto exporter after surpassing Japan in 2023 and Germany in 2022 - two countries that had been dominating the world's auto market for decades. 

Industrial upgrading

The success of BYD as well as the whole Chinese EV sector directly reflect solid progress China has made in relentlessly pushing for industrial upgrade and high-quality development, experts said.

Cui Dongshu, secretary general of China Passenger Car Association, said BYD and other Chinese EV makers have benefited greatly from China's vast domestic market as well as the country's efforts to boost industrial transformation and upgrade. 

"The biggest factor behind Chinese EV's success is the technological transformation. In addition, the Chinese market also offered a huge advantage for them to grow," Cui told the Global Times on Wednesday, noting that China's auto industry, especially the EV sector, has seen relatively better growth than other countries around the world thanks to China's policy supports. 

For its success, BYD also pointed to various policies, including China's continued reform and opening-up, support for private businesses and the building of a new development model. 

"Looking back, we feel more and more strongly that it was the reform and opening-up that gave birth to BYD, and it was the new development concept that created huge opportunities that strengthened BYD," the company said in the statement.

Policy support for the EV sector is just part of China's broader effort to transform and upgrade its industrial system, which has become a top priority in the pursuit of high-quality development. The Central Economic Work Conference held in December, which set priorities for economic work for 2024, listed the development of a modern industrial system led by innovation as a top priority.

Hu said that China's industrial transformation and upgrade has made great strides. "Through industrial transformation and upgrade, our international competitiveness is also strengthening and in terms of the macroeconomic situation, all three main drivers have been revitalized," he said. 

One example of industrial upgrade revitalizing China's main economic drivers is the exports of EVs. Lithium batteries and solar panels became a highlight of China's exports in 2023, and they have been described as "the new three items" of China's exports sector, a drastic shift from the previous "three items" of China's exports - clothes, furniture and electronics. 

In the first three quarters of 2023, total exports of "the three new items" jumped by 41.7 percent year-on-year, compared to a mere 0.6 percent in China's total exports during the period due to weak external demand.