China is optimizing the framework for helping companies go abroad, shifting toward a more sophisticated, service-oriented support system aimed at facilitating their high-quality overseas expansion and enhancing global supply chain stability, officials said.

中国正在优化企业走出去的扶持框架，转向更精细化、服务化的支持体系，旨在促进企业高质量海外拓展，增强全球供应链稳定性。

The updated framework was outlined by the Investment Promotion Agency of the Ministry of Commerce on Monday, as the agency moves to professionalize the support mechanisms for enterprises going global, placing greater emphasis on resilience, compliance, and industrial integration rather than simple scale expansion.

商务部投资促进局周一公布了更新后的框架，旨在推动企业走出去支持机制的专业化建设，更注重韧性、合规和产业融合，而非单纯追求规模扩张。

The shift comes as China's outbound direct investment has seen a steady rise. According to data from the Ministry of Commerce, China's total outbound direct investment increased 6.9 percent year-on-year to $158.21 billion in the first 11 months of 2025, cementing its position as the world's leading source of outbound investment.

此项调整正值中国对外直接投资持续攀升之际。据商务部数据显示，2025年前11个月中国对外直接投资总额达1582.1亿美元，同比增长6.9%，巩固了其作为全球最大对外投资来源国的地位。

During the same period, Chinese companies made nonfinancial direct investments in 10,165 overseas businesses in 153 countries and regions, with total investment reaching $132.09 billion, up 2.7 percent year-on-year, the data showed.

同期，中国企业对153个国家和地区的10,165家境外企业实施了非金融类直接投资，投资总额达1,320.9亿美元，同比增长2.7%。

Yu Zirong, deputy director of the Investment Promotion Agency, said that amid new global developments, the agency will strengthen cross-border investment service platforms to provide end-to-end, targeted and efficient support for companies going global.

商务部投资促进事务局副局长俞子荣表示，在全球新形势下，该局将强化跨境投资服务平台，为企业走出去提供全流程、精准高效的支持。

By innovating and improving full-chain services for outbound investment, Yu said, the agency aims to encourage upstream and downstream firms to expand overseas together, supporting the orderly cross-border deployment of industrial and supply chains.

俞子荣指出，通过创新完善对外投资全链条服务，旨在鼓励上下游企业共同拓展海外市场，支持产业和供应链有序跨境布局。

As part of this effort, the agency has introduced a "five-sphere" service matrix, designed to act as a comprehensive navigator for outbound businesses. The framework covers brand cultivation to enhance corporate identity, platform support to aggregate resources, and project-level services that provide lifecycle assistance.

作为该计划的重要组成部分，商务部投资促进事务局推出了“五维”服务矩阵，旨在为对外经营企业提供全方位导航服务。该框架涵盖品牌培育以强化企业形象、平台支持以整合资源，以及提供全周期服务的项目级支持。

Additionally, the strategy prioritizes "park empowerment" to upgrade overseas industrial cooperation zones and the establishment of long-term mechanisms to ensure sustainable dialogue and support.

此外，该战略优先推进“园区赋能”，升级海外产业合作园区，并建立长期机制以确保可持续的对话与支持。

The ultimate goal for 2026, the agency said, is to assist "chain-master" enterprises—leading firms that anchor supply chains—in coordinating efficiently with upstream and downstream partners, fostering self-sustaining industrial ecosystems abroad.

商务部投资促进事务局表示，2026年的终极目标是协助“链主企业”——即锚定供应链的龙头企业——高效协调上下游合作伙伴，在海外培育自我维持的产业生态系统。

The emphasis on higher-quality outbound direct investment reflects China's long-term trajectory. According to the 2024 statistical bulletin of outward foreign direct investment, China has ranked among the world's top three sources of ODI for 13 consecutive years, underscoring its position as a major global investor.

中国对外直接投资质量提升的趋势，彰显着其长远发展轨迹。根据《2024年对外直接投资统计公报》，中国已连续13年位居全球三大对外直接投资来源国之列，彰显其作为全球重要投资者的地位。

By the end of 2024, Chinese investors had established around 52,000 overseas enterprises across 190 countries and regions, with 70 percent of them reporting profits or break-even performance.

截至2024年底，中国投资者已在190个国家和地区设立约5.2万家境外企业，其中70%实现盈利或持平。

In 2024, China's outward FDI spanned 18 industry sectors, with investments in five sectors, namely wholesale and retail, leasing and business services, manufacturing, finance, and mining; each exceeded $10 billion and collectively accounted for over 80 percent of the total. Investment in the construction sector and the information transmission/software and IT services sector recorded substantial growth, rising 80.5 percent and 205.5 percent year-on-year, respectively.

2024年中国对外投资覆盖18个行业领域，其中批发零售、租赁和商业服务、制造业、金融业、采矿业五大行业投资额均突破100亿美元，合计占比超八成。其中，建筑业和信息传输、计算机及互联网服务业投资增幅显著，同比分别增长80.5%和205.5%。

A significant evolution in the 2026 strategy is the expanded role of professional services as "soft infrastructure" for outbound firms. The reliance on capital alone is being replaced by a holistic support network comprising legal, financial, and digital services, reflecting China's ongoing reforms to improve the public service system for companies "going global" and to strengthen support for high-quality international cooperation.

2026战略的一项重大演进，是专业服务作为对外企业“软基础设施”作用的扩展。单纯依赖资本的模式正被法律、金融和数字服务构成的整体支持网络所取代，这反映了中国持续推进改革，旨在完善企业“走出去”的公共服务体系，并加强高质量国际合作的支持力度。

The Hong Kong Special Administrative Region is also strengthening its role as a "super-connector". Wang Qing from Invest Hong Kong revealed that the city's 2025 policy address announced the establishment of a specialized outbound team to help Chinese mainland firms navigate complex legal and financial landscapes.

香港特别行政区正强化其“超级枢纽”功能。香港投资推广署王青透露，香港2025年施政报告宣布成立专业对外团队，协助内地企业应对复杂的法律金融环境。

On the mainland, technology and finance are being further integrated into the outbound support system. The Shanghai CIPA Overseas Service Platform has introduced "AURA", an AI-driven agent designed to digitize global resource matching, helping reduce information asymmetry that often plagues manufacturing firms.

在内地，科技与金融正进一步融入对外支持体系。上海CIPA海外服务平台推出人工智能驱动的智能助手“AURA”，旨在实现全球资源匹配的数字化，帮助制造企业减少信息不对称问题。

Financial institutions are also stepping up support. Banks like China Merchants Bank are rolling out cross-border financial systems capable of handling complex financing in 140 currencies, addressing the liquidity and financing challenges commonly faced by overseas subsidiaries, particularly in emerging markets.

金融机构也在加大力度提供支持。招商银行等银行正推出跨境金融系统，能够处理140种货币的复杂融资业务，解决海外子公司（尤其在新兴市场）普遍面临的流动性与融资难题。

The European Union's latest decision to phase out Chinese components and equipment from critical infrastructure such as telecommunications and solar energy, on the pretext of safeguarding "security", reflects an ideological bias that threatens to undermine the cooperative and mutually beneficial Sino-EU trade relations.

欧盟以保障“安全”为借口，在其最新决议中表示将逐步淘汰电信和太阳能等关键基础设施中的中国零部件和设备。这种做法反映出一种意识形态偏见，可能危及中欧互利共赢的贸易关系。

The restrictive measures, set out by the European Commission on Tuesday in revisions to the EU Cybersecurity‍Act, build on actions taken in 2023 when the EU executive arm urged member states to exclude Huawei and ZTE from their mobile networks due to "security risks".

欧盟委员会周二在修订《欧盟网络安全法》时提出的限制性措施，延续了2023年的行动——当时欧盟执行机构以“安全风险”为由，敦促成员国将华为和中兴排除在移动网络之外。

But if security truly was the issue, there would be a transparent, evidence-based process to address these concerns, rather than sweeping administrative bans. Such prejudicial actions not only damage the trust necessary for bilateral trade, but also harm the interests of European companies and consumers.

但若安全问题确属关键，理应通过透明、基于证据的程序来解决，而非采取一刀切的行政禁令。此类有失公允的举措不仅损害双边贸易所需的信任基础，更损害欧洲企业和消费者的利益。

Chinese enterprises have beenintegral to the EU's technological advancement, providing high-quality and cost-effective solutions that have significantly contributed to the bloc's economic growth, job creation and digital transformation. From building 5G networks and advancing smart city projects in Europe, Chinese technology companies such as Huawei have demonstrated their commitment to compliance and innovation over the years.

中国企业始终是欧盟技术进步的重要组成部分，其提供的高质量、高性价比解决方案为欧盟的经济增长、就业创造和数字化转型作出了重大贡献。从建设5G网络到推进欧洲智慧城市项目，华为等中国科技企业多年来始终展现出对合规与创新的坚定承诺。

The earlier targeting of Huawei and ZTE was influenced by external pressures from the United States, which has long sought to exclude Chinese entities from global technology markets. And the bloc has been pursuing so-called "de-risking" since then. Although recent pressure from the US and other realities have prompted the EU to adopt a more pragmatic approach, it hasn't softened its stance in the telecommunications sector, although the specific implementation varies from country to country.

早先针对华为和中兴的打压受到美国外部压力的影响，美国长期以来一直试图将中国企业排除在全球技术市场之外。此后，欧盟一直在推行所谓的“去风险化”政策。尽管近期来自美国的压力及其他现实因素促使欧盟采取更务实的态度，但其在电信领域的立场并未软化，尽管具体实施方式因国而异。

This is because some European politicians still believe "security" to be a core issue in trade with China, and they try to mislead the EU to exclude Chinese suppliers. Ironically, these politicians pretend to be blind to the substantial security threats from the US, not only to the EU's economy and trade but also its members' territorial integrity.

究其根源，部分欧洲政客仍将“安全”视为对华贸易的核心议题，试图误导欧盟排斥中国供应商。讽刺的是，这些政客对美国带来的实质性安全威胁视而不见——这种威胁不仅危及欧盟的经济贸易，更威胁到成员国的领土完整。

The economic implications of excluding Chinese technology are profound. The financial burden of replacing established infrastructure is substantial, and the resultant delays in technological advancement could hinder Europe's competitiveness in the rapidly evolving digital landscape. This has been evidenced by the experience of the United Kingdom, where the exclusion of Huawei in 2020 led to significant delays and increased the costs of the country's 5G rollout.

排除中国技术将产生深远的经济影响——更换现有基础设施的财务负担相当沉重，由此导致的技术进步延迟可能阻碍欧洲在快速发展的数字领域中的竞争力。英国的经验就证明了这一点：2020年将华为排除在外，导致该国5G网络部署出现重大延误，成本增加。

It is estimated that replacing Chinese telecommunications equipment within the EU would cost billions of euros; over 90 percent of solar panels in the EU are manufactured in China, and manufacturing solar panels locally in the EU could be 160 percent more expensive than manufacturing them in China. Currently, Chinese inverters are used in the generation of over 200 gigawatts of power in the EU; and 70 percent of the inverters in newly installed solar power capacity in 2023 were imported from China, with Chinese products more than 20 percent cheaper than those from the EU.

据估算，欧盟境内替换中国电信设备将耗资数十亿欧元；欧盟90%以上的太阳能电池板产自中国，若在欧盟本土制造，成本可能比中国高出160%。目前欧盟超过200吉瓦的发电量依赖中国逆变器；2023年新增太阳能装机容量中70%的逆变器来自中国进口，且中国产品比欧盟同类产品便宜20%以上。

Instead of excluding Chinese technology, the EU should focus on fostering innovation and building partnerships with Chinese companies that enhance its technological capabilities while respecting the principles of free trade.

欧盟不应排斥中国技术，而应致力于培育创新能力，并与中国企业建立合作伙伴关系，在尊重自由贸易原则的前提下提升自身技术实力。

China's leading position in certain industries is the result of continuous technological innovation and the advantages of its manufacturing system, and should not be portrayed as a "threat". China's development is a global opportunity, not a threat to any country.

中国在某些产业领域的领先地位，源于持续的技术创新和制造业体系的优势，不应被描绘成“威胁”。中国的发展是全球机遇，而非对任何国家的威胁。

It is imperative that the EU reassess its approach toward Chinese enterprises, and try to balance its "security" concerns with the benefits of continued collaboration with China.

欧盟亟需重新评估对华企业政策，在“安全”顾虑与持续合作带来的利益间寻求平衡。

The EU stands at a crossroads. It can either succumb to protectionist tendencies that threaten to isolate it in an interconnected world, or it can embrace a path of rational, unbiased engagement that features open trade and mutual benefit. The choice will not only influence the future of China-EU economic relations, but also determine the EU's role in the global economic order. European countries should rationally consider this from an objective perspective, reflecting on how its "de-risking" practices have distracted the bloc's attention from its real security threat while misleading it to falsely identify a partner as a "threat".

欧盟正处十字路口：或屈从于保护主义倾向，在互联世界中自我孤立；或选择理性公正的开放合作之路，践行互利共赢的贸易理念。这一抉择不仅将影响中欧经济关系的未来走向，更将决定欧盟在全球经济秩序中的定位。欧洲各国应当以客观视角理性审视：其“去风险化”举措不仅转移了欧盟对真正安全威胁的关注，更误导其将合作伙伴错误归类为“威胁”。

de-risking

去风险化

Integral

/ˈɪn.t̬ə.ɡrəl/

adj.不可或缺的

Gold continued its upward trajectory on Wednesday, with spot prices soaring above the $4,800-per-ounce mark for the first time in history.

周三，金价延续上行走势，现货黄金价格史上首次飙升至每盎司4,800美元上方。

The precious metal has gained more than 10 percent so far this month, rising by over $480, as geopolitical risks and tariff threats by the United States spur heightened demand for safe-haven investments.
本月以来，该贵金属累计涨幅已超过10%，上涨逾480美元。地缘政治风险上升以及美国关税威胁加剧，推动市场对避险资产的需求显著升温。

The domestic gold jewelry market has also seen price increases, with several brands pushing rates to near-record highs.
国内黄金饰品市场亦出现价格上调，多家品牌将报价推至接近历史高位。

As of Wednesday, the price of 24k gold jewelry reached 1,495 yuan per gram at Chow Sangsang, up from 1,454 yuan per gram the previous day. Lao Miao Gold prices increased to 1,493 yuan ($215) per gram, from 1,455 yuan the day before.
截至周三，周生生24K金饰价格升至每克1,495元，高于前一日的每克1,454元。老庙黄金价格亦由前一日的每克1,455元上调至每克1,493元（约合215美元）。

Many financial institutions remain bullish on gold.
多家金融机构仍看好黄金后市。

Citigroup has forecast that gold could challenge the $5,000-per-ounce mark in the next three months, assuming a bullish market scenario. This continued optimism comes as central banks around the world maintain an aggressive stance on gold purchases.
花旗集团预测，在看涨市场情景下，黄金未来三个月或将冲击每盎司5,000美元关口。全球各国央行持续保持积极的购金态势，也进一步支撑了这一乐观预期。

China's gold reserves have also showed a notable increase.
中国黄金储备同样呈现明显增长。

As of December, China's gold reserves stood at 74.15 million ounces, up 30,000 ounces from the previous month, marking the 14th consecutive month of accumulation by the People's Bank of China, the country's central bank.
截至12月，中国黄金储备为7,415万盎司，较上月增加3万盎司，标志着中国央行——中国人民银行已连续第14个月增持黄金。

Guan Tao, chief economist at Bank of China International, told the National Business Daily, that driven by both volume and price factors, the proportion of Chinese central bank's gold share in foreign exchange reserves during the same period reached 9.51 percent, an increase of 3.54 percentage points from the end of the previous year, setting a record high.
中银国际首席经济学家管涛在接受《每日经济新闻》采访时表示，在数量与价格因素共同推动下，同期中国央行黄金在外汇储备中的占比达到9.51%，较上年末提高3.54个百分点，创历史新高。

Li Yuefeng, a researcher at the Beijing Gold Economy Development Research Center, said: "The recent surge in gold prices can largely be attributed to increasing geopolitical risks and domestic political uncertainty in the United States. The threat of tariffs over Greenland and the ongoing concerns over the US Federal Reserve's role have created a strong tailwind for gold."
北京黄金经济发展研究中心研究员李岳峰表示：“近期金价大幅上涨，主要归因于地缘政治风险上升以及美国国内政治不确定性加剧。围绕格陵兰的关税威胁，以及市场对美联储角色的持续担忧，共同为金价提供了强劲的上行动力。”

With gold now within $200 of the $5,000-per-ounce level, Li said that a break above this threshold could open the door for a broader rally.
李岳峰指出，目前金价距离每盎司5,000美元仅差200美元，若突破该关键关口，可能打开更大范围上涨的空间。

He forecast that by the end of 2026, gold could reach levels between $6,000 and $8,000 per ounce, driven by a combination of inflation concerns, political risks, and the ongoing shift in global monetary policy.
他预测，到2026年底，在通胀担忧、政治风险以及全球货币政策持续调整等多重因素推动下，金价可能升至每盎司6,000至8,000美元区间。

safe-haven investments /ˌseɪf ˈheɪvən ɪnˈvestmənts/
避险投资

upward trajectory /ˈʌpwəd trəˈdʒektəri/
上行轨迹；上涨趋势

bullish /ˈbʊlɪʃ/
看涨的；乐观的

central bank /ˈsentrəl bæŋk/
央行

foreign exchange reserves /ˌfɒrɪn ɪksˈtʃeɪndʒ rɪˈzɜːvz/
外汇储备

tailwind /ˈteɪlwɪnd/
顺风；推动力

Chinese courts have been urged to improve their adjudication over foreign-related cases by emphasizing fairness, impartiality, accessibility, efficiency and a people-centered approach, in a bid to strengthen judicial support for China's high-level opening-up.

中国法院被要求在审理涉外案件时更加注重公平、公正、便民、高效和以人民为中心的理念，以进一步强化司法对中国高水平对外开放的支撑作用。

The directive was issued by the Supreme People's Court, the country's top court, at a meeting on Monday. It coincided with the release of data showing that Chinese courts handled about 40,000 first-instance civil and commercial cases involving foreign elements in 2025, nearly 50 percent more than the previous year.
该指示由国家最高审判机关——最高人民法院在周一举行的一次会议上发布。与此同时公布的数据显示，2025年中国法院共受理约4万件涉外一审民商事案件，同比增加近50%。

As the number of foreign-related cases rises and legal demands grow more complex, the top court called on judges nationwide to uphold the principle of equal protection for both domestic and foreign litigants and to actively integrate mediation into litigation.
随着涉外案件数量不断增加、法律需求日益复杂，最高法要求全国法官坚持对中外当事人一视同仁的平等保护原则，并积极推动调解与诉讼的有机衔接。

"Courts across the country should resolve disputes involving intellectual property, foreign trade and investment, cross-border finance, as well as maritime and commercial matters in a fair and efficient manner, and work to make China a preferred venue for international IP, commercial and maritime dispute resolution," it said.
最高法指出，全国法院应当以公平、高效的方式审理涉及知识产权、对外贸易与投资、跨境金融以及海事和商事领域的纠纷，努力将中国打造为国际知识产权、商事和海事争端解决的优选地。

The SPC also urged deeper theoretical and practical exchanges with judicial institutions of countries participating in the Belt and Road Initiative, highlighting the need to fulfill treaty obligations, adhere to the principles of equality and reciprocity, and lawfully recognize and enforce foreign civil and commercial judgments and arbitral awards.
最高法还呼吁加强与共建“一带一路”国家司法机构在理论与实践层面的交流，强调应当履行条约义务，坚持平等互惠原则，依法承认和执行外国民商事判决及仲裁裁决。

"Providing lawful support for foreign judicial assistance requests reflects our confidence in the rule of law," it said.
最高法表示，依法支持外国司法协助请求，体现了中国对法治的自信。

The top court further emphasized the need to align more closely with high-standard international economic and trade rules as part of institutional opening-up.
最高法进一步强调，应作为制度型开放的重要内容，更加主动对接高标准国际经贸规则。

It also called for stronger legal research on new issues arising from island-wide special customs operations at the Hainan Free Trade Port, and urged judges to better integrate litigation with mediation and arbitration.
此外，最高法要求加强对海南自由贸易港全岛封关运作中出现的新情况、新问题的法律研究，并督促法官更好实现诉讼与调解、仲裁的衔接融合。

Data released on Monday showed that IP contract disputes rose by 30.4 percent in 2025, while cases involving IP ownership and infringement increased by 3.7 percent. "These figures demonstrate China's strong innovation momentum and reflect growing demand for high-quality judicial services," the court said.
周一发布的数据显示，2025年知识产权合同纠纷同比增长30.4%，涉及知识产权权属和侵权的案件增长3.7%。最高法表示，这些数据彰显了中国强劲的创新动能，也反映出社会对高质量司法服务需求的持续上升。

The SPC urged courts nationwide to adopt tougher measures, including the use of punitive damages, to clamp down on IP violations. The court also called for judicial research in emerging fields such as the digital economy and artificial intelligence to better address new legal challenges.
最高法要求全国法院采取包括适用惩罚性赔偿在内的更严厉措施，严厉打击知识产权侵权行为，同时加强对数字经济、人工智能等新兴领域的司法研究，以更好应对新型法律挑战。

In addition, Chinese courts were instructed to intensify efforts against acts that disrupt market order and infringe on trade secrets, with the aim of ensuring fair competition and promoting high-quality economic development.
此外，中国法院被要求加大对扰乱市场秩序、侵犯商业秘密等行为的打击力度，以保障公平竞争，推动经济高质量发展。

Criminal cases involving disruption of the socialist market economy order increased by 2.2 percent in 2025, while civil disputes related to unfair competition, including trade secret infringements and bid-rigging, rose by 10.6 percent, underscoring ongoing challenges in maintaining a fair and competitive market environment.
数据显示，2025年涉及破坏社会主义市场经济秩序的刑事案件同比增长2.2%，而包括侵犯商业秘密、串通投标在内的不正当竞争民事纠纷增长10.6%，凸显出维护公平、有序市场环境仍面临持续挑战。

foreign-related cases /ˈfɒrɪn rɪˈleɪtɪd ˈkeɪsɪz/
涉外案件

adjudication /əˌdʒuːdɪˈkeɪʃn/
审理；裁决

mediation /ˌmiːdiˈeɪʃn/
调解

arbitral awards /ˈɑːbɪtrəl əˈwɔːdz/
仲裁裁决

institutional opening-up /ˌɪnstɪˈtjuːʃənl ˈəʊpənɪŋ ʌp/
制度型开放

punitive damages /ˈpjuːnɪtɪv ˈdæmɪdʒɪz/
惩罚性赔偿

The consumer goods trade-in policy for this year has already increased retail activity significantly, benefiting both retailers as well as consumers, said retailers and industry experts.

零售商和行业专家表示，今年的消费品以旧换新政策已显著提振零售活动，使零售商和消费者均从中受益。

Designed to promote green, smart, and energy-efficient products, the renewed policy offers targeted subsidies to replace old goods for new ones, thereby generating strong demand in sectors including home appliances and consumer electronics.

这项更新后的政策旨在推广绿色、智能和节能产品，通过提供定向补贴鼓励以旧换新，从而在包括家电和消费电子在内的多个领域催生强劲需求。

For retailers such as Suning.com, the impact has been immediate. From Jan 1 to 3, foot traffic at Suning stores surged by 110 percent, while sales of energy-efficient home appliances like refrigerators and washing machines doubled month-on-month. The proportion of first-tier energy/water-efficient appliances sold through Suning's platform has increased to 92 percent during the period.

对苏宁易购等零售商而言，影响立竿见影。1月1日至3日，苏宁门店客流量激增110%，冰箱、洗衣机等节能家电销量环比翻番。同期通过苏宁平台售出的能效/水效一级家电占比已升至92%。

"The new trade-in program focuses on categories that raise energy efficiency, injecting vitality into the update of home appliances that are green, smart, and healthy," said Yan Zhengkui, head of the management center at Suning stores.

苏宁易购管理中心负责人严正奎（音译）表示：“新以旧换新计划聚焦提升能效的品类，为绿色、智能、健康的家电更新注入活力。”

The retailer has also embraced a dual-channel strategy, making it easy for consumers to claim subsidies both online and offline.

苏宁易购还采用了双渠道策略，使消费者能够轻松在线上和线下申领补贴。

"We've seen an overwhelming response from customers eager to take advantage of the trade-in policy. The new national subsidies have made first-tier energy-efficient products the mainstream for consumers," said Liu Meichen, a store manager at Suning Max Beijing.

苏宁易购北京店长刘美辰表示：“我们看到顾客对以旧换新政策的热情响应。新的国家补贴政策使一级能效产品成为消费主流。”

For consumers, the trade-in policy is about more than just discounts. It provides them the opportunity to purchase cutting-edge smart appliances at more affordable prices. Products like AI-powered refrigerators, smart washing machines, and energy-efficient air conditioners are now in high demand. Over 70 percent of consumers are also prioritizing health-related features, such as self-cleaning or odor-removal functions while buying appliances.

对消费者而言，以旧换新政策不仅关乎折扣优惠，更让他们有机会以更实惠的价格购入尖端智能家电。如今，人工智能冰箱、智能洗衣机和节能空调等产品需求旺盛。超过70%的消费者在选购家电时，优先考虑健康相关功能，例如自清洁或除臭功能。

In the 3C sector, sales of smartphones and smartwatches rose 170 percent and 115 percent, respectively, reflecting the growing popularity of tech bundles, according to Suning.com.

苏宁易购数据显示，在3C领域，智能手机和智能手表的销售额分别增长170%和115%，反映出科技产品组合的日益普及。

"The smartwatch is a great tool for health tracking, and with the subsidies, it's good value," said Li Shunying, a Beijing resident who runs 2-3 times a week.

每周跑步2-3次的北京居民李顺英（音译）表示：“智能手表是追踪健康的绝佳工具，加上补贴后性价比很高。”

The policy's focus on green and smart technology is expected to reshape the market over the long term. Analysts predict that it will continue to guide consumption toward higher-end, energy-efficient products.

该政策聚焦绿色智能技术，预计将在长期重塑市场格局。分析师预测，它将继续引导消费向高端节能产品方向发展。

Liu Chunsheng, associate professor at the School of International Trade and Economics, Central University of Finance and Economics, said that the trade-in policy sparked strong consumer enthusiasm last year, leading to significant volumes and high replacement rates for products like automobiles, home appliances, and 3C digital devices, thus fueling continued consumption growth.

中央财经大学国际商学院副教授刘春生表示，以旧换新政策去年激发了强劲的消费热情，带动汽车、家电、3C数码等产品实现显著销量和高换购率，从而推动消费持续增长。

According to data from the Ministry of Commerce, in 2025, sales of trade-in-related products exceeded 2.6 trillion yuan ($388.6 billion), benefiting over 360 million people. The initiative facilitated the trade-in of more than 11.5 million automobiles, 129 million home appliances, 91 million mobile phones and other digital products, as well as 120 million pieces of home renovation items and kitchenware.

据商务部数据显示，2025年以旧换新相关产品销售额突破2.6万亿元（合3886亿美元），惠及3.6亿多人。该举措促成超过1150万辆汽车、1.29亿台家电、9100万部手机及其他数码产品，以及1.2亿件家居装修用品和厨具的以旧换新。

foot traffic

客流量

bundle

/ˈbʌn.dəl/

n.组合

A convincing 3-0 semifinal victory over Vietnam on Tuesday has secured China's youth squad its first ever final berth at the U23 Asian Cup, while sending the country's long-suffering soccer fans into frenzy on a night to remember.

周二，中国青年队在U23亚洲杯半决赛中以3-0的比分力克越南队，不仅首次闯入该赛事决赛，更让苦等多年的中国球迷在这一难忘之夜陷入狂欢。

Facing a surging Vietnamese side, which had cruised into the semifinals with four straight wins, the Chinese under-23 squad kicked off its first-ever match at the final-four stage of the biennial tournament with pragmatic tactics, keeping its Southeast Asian opponent at bay with solid defense in the first half at the Prince Abdullah Al Faisal Sports City Stadium in Jeddah, Saudi Arabia.

面对势头正盛的越南队，中国队以四连胜之势晋级半决赛。中国U23队在沙特阿拉伯吉达市阿卜杜拉·阿尔·费萨尔王子体育场迎来了本届两年一度赛事的首次四强对决。开场后中国队采取务实战术，凭借稳固的防守在上半场成功遏制了东南亚对手的攻势。

Guided by Spanish coach Antonio Puche, Team China went into overdrive in the second half, throwing a swift one-two punch from centerback Peng Xiao's 47th-minute header and striker Xiang Yuwang's low shot in the box five minutes later to dictate the play.

在西班牙教练安东尼奥·普切的执教下，中国队下半场火力全开，凭借中后卫彭啸第47分钟的头槌破门和前锋向余望五分钟后禁区内的低射连下两城，彻底掌控了比赛节奏。

Star forward Wang Yudong's final dagger, scored in the eighth minute of stoppage time, sealed Team China's well-deserved win over Vietnam while booking an ultimate challenge against continental power Japan in its first-ever final appearance at the U23 Asian Cup.

中国队前锋王钰栋在补时阶段第八分钟打入制胜一球，锁定胜局，助中国队在U23亚洲杯决赛中战胜越南队，首次闯入决赛便将迎战亚洲劲旅日本队。

The Chinese squad had never advanced into the knockout stage at the previous five editions of the U23 tournament from 2014-24.

在2014至2024年间的五届U23亚洲杯赛事中，中国队从未晋级淘汰赛阶段。

In an earlier semifinal match, Japan outplayed its East Asian archrival South Korea 1-0 to advance into Saturday's final first.

在稍早进行的半决赛中，日本队以1-0取胜东亚宿敌韩国队，率先晋级周六的决赛。

With the team's confidence boosted by the history-making run, Chinese players are determined to give it all and try to win it all in its final showdown against Japan.

凭借这段创造历史的征程，中国男足队员信心倍增，决心在与日本队的最终对决中全力以赴，力争夺冠。

"We are really excited and proud. It's like a wild dream come true," the 22-year-old Xiang, who scored China's second goal, said after the match.

打入中国队第二粒进球的22岁球员向余望赛后说道：“我们非常激动和自豪，这简直像一场疯狂的梦成真了。”

"Now we are heading into the final without any pressure on our side. We will just stay relaxed and play the best game we can to try to win the championship.

向余望赛后说道：“如今我们以零压力的姿态挺进决赛，只需保持从容，全力以赴打好比赛，争取夺冠。”

"I really appreciate the loud-cheering Chinese fans on the stand tonight and those who've been supporting us unconditionally at home. It's their unwavering support that made us play with a strong motivation."

“今晚看台上热情高涨的中国球迷，以及在家乡无条件支持我们的球迷，我由衷感谢。正是这份坚定支持，赋予我们强大的动力。”

The last time a Chinese men's soccer team fought into a final at the continental level was 22 years ago when the senior squad reached the 2004 Asian Cup final at the famed Worker's Stadium in Beijing, where it lost 1-3 to Japan.

中国男足上一次闯入洲际赛事决赛还要追溯到22年前——2004年亚洲杯决赛，当时国家队在北京著名的工人体育场以1-3不敌日本队。

The long-awaited return to the pinnacle stage at an Asian tournament has provided Chinese fans with a much-needed comfort, seven months after the senior national team missed out on FIFA World Cup qualification for a frustrating sixth straight time in June.

时隔七年再度站上亚洲顶级赛事的巅峰舞台，为中国球迷带来了久违的慰藉。七个月前，国家队在六月举行的世界杯预选赛中第六次遗憾出局，令人沮丧。

biennial tournament

/baɪˈeniəl ˈtʊrnəmənt/

两年一度的赛事

knockout stage

/ˈnɒkaʊt steɪdʒ/

淘汰赛阶段

final dagger

/ˈfaɪnl ˈdæɡə/

制胜一球

Pinnacle

/ˈpɪnəkl/

n.顶点、顶峰

Schools closed, snow-removal crews were placed on standby, and cold-wave alerts were issued as a powerful cold wave swept across China, disrupting daily life.

In Jiangsu province, education authorities in the city of Xuzhou suspended classes at primary and secondary schools and kindergartens on Monday and Tuesday, citing safety concerns due to forecasts of heavy snowfall and freezing weather.

江苏省徐州市教育部门周一和周二暂停了中小学及幼儿园的教学活动，称因预报有大雪和严寒天气，存在安全隐患。

The closures followed warnings from meteorological authorities that the province would be hit by widespread cold air, strong winds and snow. Blizzard conditions are forecast in parts of Xuzhou, Suqian and Huai'an starting Monday, with snow accumulation expected to reach 5 to 8 centimeters. Much of the province also faces elevated risks of frost damage and icy roads.

气象部门发布预警称，该省将遭遇大范围冷空气侵袭，伴随强风和降雪。预计从周一开始，徐州、宿迁和淮安部分地区将出现暴风雪天气，积雪厚度可达5至8厘米。全省大部分地区还面临霜冻损害和道路结冰风险加剧的威胁。

In Henan Province, transport authorities launched snow removal and road maintenance operations to keep traffic moving. As of Monday, 113 pieces of equipment had been deployed, consuming nearly 900 tonnes of snow-melting agents.

河南省交通部门启动除雪养护工作，保障道路畅通。截至周一，已出动113台设备，消耗融雪剂近900吨。

Across the province, 211 emergency supply points on expressways have been set up, with more than 6,700 maintenance workers, 217 rescue teams and over 1,000 snow removal vehicles on standby.

全省高速公路沿线已设置211处应急物资供应点，6700余名养护人员、217支救援队伍和1000余辆清雪车辆随时待命。

In Central China's Hunan province, the provincial meteorological observatory upgraded its cold wave alert on Monday morning, warning that temperatures in most areas would drop below freezing, accompanied by strong winds from Monday through early Wednesday.

位于中国中部的湖南省气象台于周一上午升级了寒潮预警，警告称周一至周三凌晨期间，该省大部分地区气温将降至冰点以下，并伴有大风天气。

People have been urged to dress warmly, secure doors, windows and temporary structures, and seek shelter during periods of strong winds. They were also advised to remain vigilant about potential safety risks when traveling outdoors.

人们被敦促在强风期间穿暖和些，锁好门窗和临时建筑，并寻找避难所。还建议他们在户外出行时保持警惕，防范潜在的安全风险。

China's meteorological authority renewed a cold wave alert on Monday, warning that temperatures across much of the country are expected to plummet over the coming days. Some regions could see temperatures fall by 6 to 10 degrees Celsius from Monday through Wednesday.

中国气象部门周一再次发布寒潮预警，称未来几天全国大部分地区气温将急剧下降。部分地区周一至周三气温可能骤降6至10摄氏度。

Blizzard

/ˈblɪz.ɚd/

n.暴风雪

plummet

/ˈplʌm.ɪt/

v.骤降

vigilant

/ˈvɪdʒ.əl.ənt/

adj.警觉的；警惕的

China's economy demonstrated strong resilience in 2025, with growth holding firm despite mounting external pressures and internal structural adjustments, while new growth drivers are taking shape to support sustainable expansion going forward, said officials and experts.

政府工作人员和专家指出，2025年中国经济展现出强劲韧性，在外部压力不断加剧和内部结构调整的双重背景下，经济增长依然保持稳健，同时新的增长动力正在形成，为未来可持续扩张提供支撑。

Official data released on Monday showed that China's gross domestic product grew 5 percent last year, meeting the country's annual target of around 5 percent. The hard-won performance, achieved amid heightened tariff pressures, has laid a solid foundation for a steady start to economic growth in 2026, reinforcing confidence that the world's second-largest economy remains on a stable trajectory.

官方周一公布的数据显示，中国去年国内生产总值增长5%，实现了约5%的年度增长目标。在关税压力加剧的背景下取得的这一来之不易的成绩，为2026年经济增长平稳开局奠定了坚实基础，增强了市场信心，表明这个全球第二大经济体仍保持着稳定发展态势。

As China enters the opening year of its 15th Five-Year Plan (2026-30) period, economists said policymakers are set to press ahead with front-loaded fiscal support to boost domestic demand, alongside a moderately accommodative monetary stance aimed at lifting prices and easing financing costs.

随着中国迎来第十五个五年规划（2026-2030年）的开局之年，经济学家指出，政策制定者将推进前置性财政支持以提振内需，同时采取适度宽松的货币政策立场，旨在提振物价并降低融资成本。

The country's annual GDP came in at 140.19 trillion yuan ($20.13 trillion) in 2025, according to the National Bureau of Statistics. In the fourth quarter of 2025, the Chinese economy grew 4.5 percent year-on-year, following 4.8 percent growth in the third quarter.

国家统计局数据显示，2025年中国国内生产总值（GDP）达140.19万亿元（合20.13万亿美元）。2025年第四季度，中国经济同比增长4.5%，此前第三季度增速为4.8%。

Kang Yi, head of the NBS, said that the latest indicators fully demonstrate the Chinese economy's steady progress, resilience under pressure, and vitality in moving toward higher-quality and innovation-driven development.

国家统计局局长康义表示，最新指标充分展现了中国经济稳步前进的态势、在压力下的韧性，以及在迈向更高质量、创新驱动发展道路上的活力。

"China's average annual contribution to global economic growth stood at around 30 percent throughout the 14th Five-Year Plan (2021-25) period. With a complete industrial system, China has played a stabilizing role in global supply chains and injected much-needed stability into a world economy undergoing turbulence and transformation," he said.

中国在“十四五”规划（2021-2025年）期间，对全球经济增长的年均贡献率保持在30%左右。凭借完整的产业链体系，中国在全球供应链中发挥着稳定器作用，为动荡转型中的世界经济注入了急需的稳定力量。

Guan Tao, global chief economist at BOCI China, said that China's economy has delivered "hard-won" results in 2025, featuring breakthroughs in technological advances and emerging consumption phenomena, setting the stage for a 2026 GDP growth target possibly at 4.5 percent to 5 percent.

中银证券全球首席经济学家管涛表示，2025年中国经济取得“来之不易”的成果，技术进步实现突破性进展，消费呈现新形态，为2026年GDP增速目标设定4.5%至5%的区间奠定基础。

"In 2025, when people talked about China, things like DeepSeek, Ne Zha 2, Unitree humanoid robots, the overseas expansion of innovative pharmaceuticals, and Jiangsu Football City League, or Suchao, all showed that China's economy has been full of highlights, whether in consumption recovery or technological innovation," Guan said.

管涛表示：“在2025年，当人们谈论中国时，话题转向了诸如DeepSeek、《哪吒2》、宇树人形机器人、创新药出海、江苏城市足球联赛‘苏超’等新事物；焦点无论是消费复苏还是科技创新，都展现出中国经济的亮点纷呈；都无不印证着中国经济的蓬勃生机。”

Citing the latest indicators, Sheana Yue, a senior economist at British think tank Oxford Economics, said that the fourth quarter's continued momentum appeared to be driven by stronger industrial activity and exports in December, which offset still weak domestic demand.

英国智库牛津经济研究院高级经济学家岳喜娜援引最新指标指出，第四季度经济持续增长的动能似乎源于12月工业活动和出口的强劲表现，这抵消了国内需求依然疲软的影响。

NBS data showed that China's value-added industrial output rose 5.2 percent in December, following 4.8 percent growth in November.

国家统计局数据显示，中国12月工业增加值同比增长5.2%，高于11月的4.8%增速。

"Our estimates suggested high-tech manufacturing, including transport equipment, electrical machinery and electronics manufacturing, continued to outperform at the end of 2025," Yue said.

岳喜娜：“我们的估算显示，包括运输设备、电机和电子制造在内的高科技制造业，在2025年底仍保持着强劲增长态势。”

According to the NBS, retail sales, a key indicator of consumer spending, increased 0.9 percent in December, while China's fixed-asset investment decreased 3.8 percent in 2025.

据国家统计局数据显示，作为消费支出重要指标的零售额在12月增长0.9%，而2025年中国固定资产投资同比下降3.8%。

Wang Qing, chief macroeconomic analyst at Golden Credit Rating International, said that looking ahead to 2026, the impact of high tariffs imposed by the United States on global trade and China's exports is expected to become more pronounced, weakening the contribution of external demand to economic growth and requiring domestic demand to step in more decisively.

东方金诚首席宏观分析师王青表示，展望2026年，美国高关税对全球贸易和中国出口的影响预计将更加显著，这将削弱外需对经济增长的贡献，需要内需更果断地接棒。

"We expect that, with more proactive and effective macroeconomic policies continuing to gain strength, consumption will accelerate further in 2026, and investment will stabilize after bottoming out," he said.

王青表示：“随着更积极有效的宏观经济政策持续发力，预计2026年消费将进一步加速增长，投资将在触底后趋于稳定。”

With 2026 marking the opening year of China's 15th Five-Year Plan, Xu Hongcai, deputy director of the economic policy committee of the China Association of Policy Science, said that ensuring a smooth economic start will be critical, and called for stable, consistent and moderately forceful macro policies.

2026年标志着中国第十五个五年规划的开局之年。中国政策科学研究会常务理事、经济政策委员会副主任徐洪才指出，确保经济平稳开局至关重要，呼吁实施稳定、连贯且力度适中的宏观政策。

Fiscal policy should remain proactive, he said, suggesting that the fiscal deficit ratio remain at around 4 percent, supported by the continued issuance of long-term treasuries to boost consumption, improve public well-being and mitigate local government debt risks. He added that monetary policy should stay moderately accommodative, with room for further cuts to interest rates and the reserve requirement ratio.

徐洪才表示，财政政策应保持积极，建议财政赤字率维持在4%左右，同时继续发行长期国债以提振消费、改善民生并缓解地方政府债务风险。他还指出，货币政策应保持适度宽松，存在进一步下调利率和存款准备金率的空间。

Going forward, Xu said that China's economic growth in 2026 is expected to remain within a reasonable range, with improving quality, a more optimized structure and steady progress toward high-quality development.

徐洪才表示，展望未来，2026年中国经济增长预计将保持在合理区间，质量不断提升，结构持续优化，朝着高质量发展稳步迈进。

Choi Yong-ho, chief executive officer and chief happiness officer of South Korean entertainment technology company Galaxy Corp, said China's market holds virtually unlimited development potential. "It is creative, innovative and dynamic, and it is already at the global forefront in multiple industries."

韩国娱乐科技独角兽Galaxy Corp首席执行官兼首席幸福官崔龙湖表示，中国市场蕴藏着几乎无限的发展潜力。“这个市场充满创造力、创新精神和活力，已在多个行业处于全球领先地位。”

"China's strong capabilities in robotics and artificial intelligence are leading industrial development, and its younger generation represents a highly capable and promising talent base. With these advantages, I believe the Chinese market will continue to grow, with a very optimistic outlook," he said.

崔龙湖表示：“中国在机器人和人工智能领域的强大实力正引领着工业发展，其年轻一代代表着一支能力出众、充满希望的人才队伍。凭借这些优势，我相信中国市场将继续增长，前景非常乐观。”

humanoid robot

/ˈhjuː.mə.nɔɪd/

n.人形机器人

trajectory

/trəˈdʒek.tɚ.i/

n.轨道；态势

The weather in Beijing trended on social media sites over the weekend as unusually heavy snowfall blanketed the capital in a thick white sheet, even as the National Meteorological Center issued a yellow alert — the third-highest level after red and orange — for cold waves across central, eastern and southern China over the next few days. A yellow alert for freezing conditions and a blue alert for blizzards were issued for some parts of Shaanxi, Henan, Anhui and Hubei provinces.

周末期间，北京天气登上社交媒体热搜。异常强降雪使首都披上厚厚一层“白衣”。与此同时，国家气象中心发布寒潮黄色预警——这是仅次于红色和橙色的第三高等级预警——提示未来几天中部、东部和南部地区将出现寒潮天气。此外，陕西、河南、安徽和湖北部分地区还发布了低温冰冻黄色预警和暴雪蓝色预警。

According to meteorological authorities, the snowfall and accumulation on Saturday and Sunday in Beijing was heavier in the western mountainous areas of the capital.

据气象部门介绍，北京周六和周日的降雪及积雪主要集中在西部山区，降雪量明显偏大。

The weather event was the result of a "return-flow snowfall pattern" in North China, which saw moisture-laden cold air move inland toward Beijing from Bohai Bay.

此次天气过程源于华北地区出现的“回流降雪型”天气形势，携带充足水汽的冷空气自渤海湾向内陆推进并影响北京。

As the moist air moved over the city's western terrain, clouds formed at temperatures ranging between — 10 C and — 20 C, which is optimal for rapid snowflake formation. As they fell, the snow crystals collided and bonded, creating flakes that appeared to be oversized, meteorologists said.

气象专家表示，当湿润气流越过北京西部地形时，在零下10摄氏度至零下20摄氏度这一最有利于雪花快速生成的温度区间内形成云系。雪晶在下落过程中不断碰撞并相互黏结，从而形成看起来“体型较大”的雪花。

The snowfall in Beijing occurred as a strong cold wave swept much of China. The National Meteorological Center said that from Sunday to Wednesday, the cold wave will bring strong winds, sharp drops in temperatures and widespread rain and snow.

北京的降雪正值强寒潮影响全国大部分地区。国家气象中心表示，从周日至周三，寒潮将带来大风、显著降温以及大范围雨雪天气。

The center issued a yellow cold wave alert on Sunday, warning that temperatures in central and eastern China will drop 6 C to 12 C during the period, with some areas experiencing declines of 16 C or more. The current severe winter condition is expected to peak on Monday.

气象中心周日发布寒潮黄色预警，指出中东部地区气温将下降6至12摄氏度，部分地区降温幅度可能达到或超过16摄氏度。本轮严寒天气预计将在周一达到最强。

On Sunday evening, the national disaster prevention, reduction and relief commission activated a Level IV emergency response — the lowest in its four-tier system — to address the rising risk of low temperature-, snow — and ice-related disasters in Anhui, Henan, Hunan and Guizhou provinces. A working group previously dispatched to Henan will continue assisting local response efforts, while additional working groups have been sent to Hunan and Guizhou to provide on-site guidance.

周日晚间，国家防灾减灾救灾委员会启动四级应急响应（四级为最低级别），应对安徽、河南、湖南和贵州等地低温、雨雪和冰冻灾害风险上升的情况。此前派驻河南的工作组将继续协助地方开展应对工作，同时，新增工作组已赴湖南和贵州开展现场指导。

In Altay prefecture of northern Xinjiang Uygur autonomous region, the minimum temperature in Qinghe county plunged to — 40.8 C over the weekend.

在新疆维吾尔自治区北部的阿勒泰地区，青河县周末最低气温骤降至零下40.8摄氏度。

Gui Jin, a homestay host in Hemu village in Altay, said the temperature there was — 38 C on Saturday. "I'd rather be in Antarctica," he joked, where he said the lowest temperature was around — 32 C on the same day.

阿勒泰禾木村民宿经营者桂进表示，当地周六气温为零下38摄氏度。他打趣道：“我宁愿去南极。”他说，当天南极的最低气温大约为零下32摄氏度。

Hu Xiao, an analyst with the China Meteorological Administration, said the current cold wave is bringing about dramatic changes in temperatures.

中国气象局分析师胡啸表示，此次寒潮正在引发气温的剧烈变化。

Earlier this month, the traditionally coldest period of winter, the weather was unusually warm nationwide, making it the third warmest on record. Now the situation has changed. "People will feel as if the weather has suddenly become frigid," Hu said.

本月初，本应是一年中最寒冷的时段，全国气温却异常偏高，成为有记录以来第三暖的同期。如今形势已发生变化。胡啸表示：“人们会明显感觉到天气突然变得异常寒冷。”

The cold wave is moving relatively slowly and is accompanied by ample moisture. Snowfall began in North China on Saturday, intensified in Henan province and Shandong province on Sunday, and is expected to be most widespread and strongest on Monday.

此次寒潮移动速度相对缓慢，并伴有充足水汽。降雪于周六在华北地区开始，周日在河南和山东显著增强，预计周一将达到范围最广、强度最强。

The weather event also marks the first widespread freezing rain of this winter. From Monday to Wednesday, sleet is expected in parts of Hubei, Hunan and Guizhou provinces and in Chongqing, with Hunan and Guizhou expected to face the brunt of it.

本轮天气过程还将带来今冬首场大范围冻雨。预计周一至周三，湖北、湖南、贵州以及重庆部分地区将出现雨夹雪，其中湖南和贵州受影响最为严重。

Wang Xiangxi, minister of emergency management, called for enhanced coordination and preparedness to address risks posed by low temperatures, snow, ice and freezing rain.

应急管理部部长王祥喜呼吁，加强统筹协调和应急准备，切实防范低温、雨雪、冰冻和冻雨带来的风险。

Officials warned that the weather event would be the largest of its kind so far this year, with complex precipitation types and elevated disaster risks in some regions. With the approach of the Spring Festival holiday and increased travel volume, they emphasized the need to be ready for worst-case scenarios.

有关部门警告称，此次天气过程可能是今年以来范围最大、降水形态最为复杂的一次，部分地区灾害风险较高。随着春节临近、人员流动增加，各地需做好最不利情况的应对准备。

In Hubei, China Railway Wuhan Bureau activated emergency plans to safeguard rail operations, conducting advance risk assessments about the effect of low temperatures on key equipment such as rail switches and tracks.

在湖北，中国铁路武汉局集团有限公司启动应急预案，提前评估低温天气对道岔、线路等关键设备的影响，确保铁路运输安全。

Crew members were deployed to remove ice and snow from tracks and carry out preventive maintenance to ensure the safety and smooth operation of railway services, the bureau said.

该局表示，已组织人员清除线路冰雪并开展预防性检修，保障铁路运输安全平稳运行。

In Gansu province, protective steps have been taken to reduce weather-related losses to crops. Local governments have been urged to take windproof measures for construction sites, billboards and livestock enclosures.

在甘肃，各地已采取防护措施，减少恶劣天气对农作物造成的损失，并督促对施工工地、广告牌和牲畜圈舍落实防风加固措施。

Energy authorities were also making efforts to ensure stable operation of electricity, gas and heating systems as the cold wave continued to affect large parts of the country.

随着寒潮持续影响全国多地，能源主管部门也在采取措施，保障电力、燃气和供暖系统平稳运行。

cold wave /koʊld weɪv/
寒潮

yellow alert /ˈjeloʊ əˈlɜːrt/
黄色预警

return-flow snowfall pattern /rɪˈtɜːrn floʊ ˈsnoʊfɔːl ˈpætərn/
回流降雪型

emergency response (Level IV) /ɪˈmɜːrdʒənsi rɪˈspɑːns/
四级应急响应

freezing rain /ˈfriːzɪŋ reɪn/
冻雨

sleet /sliːt/
雨夹雪

China's railway network is preparing for the 2026 Spring Festival travel rush, known as chunyun, with passenger trips expected to reach a record high of 539 million during the 40-day period.

中国铁路网络正为2026年春节客运高峰（即春运）做准备，预计在为期40天的春运期间，旅客出行量将达到创纪录的5.39亿人次。

To cope with the travel peak, services have been introduced to improve convenience and accessibility, the country's top railway operator said on Sunday.

为应对出行高峰，中国国家铁路集团有限公司周日表示，已推出多项服务以提升便利性和可达性。

The Spring Festival travel season is the world's largest annual human migration. In recent years, some 9 billion passenger trips across all modes of transport have been recorded over the 40 days, reflecting both the cultural significance of the holiday and the scale of China's transportation system.

春节返乡潮是世界上规模最大的年度人口迁徙。近些年来，在为期40天的春运期间，各类交通工具的旅客运输总量达到约90亿人次，既彰显了这个节日的文化意义，也体现了中国交通运输体系的庞大规模。

According to China State Railway Group, from Feb 2 to March 13 the national rail network is expected to facilitate about 539 million passenger trips, a 5 percent increase year-on-year.

据中国国家铁路集团有限公司预测，2月2日至3月13日期间，全国铁路预计将运送旅客约5.39亿人次，同比增长5%。

Spring Festival will fall on Feb 17, and peak travel periods before and after the holiday are expected to coincide with a nine-day public holiday from Feb 15 to 23. Peak outbound travel before the festival is forecast for Feb 13, while the busiest return day is expected to be Feb 23.

春节将于2月17日到来，节前节后的出行高峰预计将与2月15日至23日的九天公共假期重合。节前出游高峰预计出现在2月13日，而返程高峰日则可能集中在2月23日。

Tickets for the first day of the travel rush will go on sale on Monday via the official 12306 ticketing platform.

春运首日车票将于周一通过12306官方售票平台开售。

To meet demand, railway authorities are making full use of China's expanding high-speed rail network, incorporating newly opened lines and stations, as well as additional Fuxing bullet trains, into a dedicated Spring Festival operating timetable.

为满足出行需求，铁路部门正充分利用中国不断扩大的高铁网络，将新开通线路和车站以及增开的复兴号列车纳入专门的春节运行时刻表。

At peak times, more than 14,000 passenger train services are expected to operate daily nationwide, with overall seating capacity increased by more than 5 percent from last year, the rail operator said.

铁路运营商表示，高峰时段全国每日将运行超过14000趟客运列车，整体座位容量较去年增加5%以上。

Extra services will be added on major high-speed lines, including the Beijing–Shanghai and Beijing–Guangzhou routes, with overnight high-speed trains scheduled on busy sections to ease congestion.

铁路运营商表示将在京沪、京广等主要高铁干线上增开列车，并在客流高峰区段安排夜间高铁运行，以缓解客流压力。

Cross-border passenger services linking the Chinese mainland with the Hong Kong Special Administrative Region and neighboring countries will continue to operate, supporting the steady recovery of cross-border travel during the holiday period.

连接中国内地与香港特别行政区及邻近国家的跨境客运服务将继续运营，为假期期间跨境旅行的稳步恢复提供支持。

Alongside capacity expansion, a range of passenger-oriented service upgrades ahead of the travel rush have been rolled out.

在扩容的同时，一系列面向乘客的升级服务已在出行高峰前推出。

The 12306 ticketing platform has introduced a time-limited free refund policy for mistakenly purchased tickets. Tools such as a ticket waiting list system have also been optimized, according to the operator. The system allows passengers to register purchase requests for sold-out trains and automatically receive tickets if additional seats or services are released. Targeted support has also been strengthened for students, migrant workers and elderly travelers to help them secure tickets during peak periods.

12306售票平台推出限时免费退票政策，针对误购车票的情况。据运营商透露，候补购票系统等工具也已得到优化。该系统允许乘客登记购买售罄列车的购票需求，若后续释放出额外座位或服务，系统将自动为乘客获取车票。针对学生、农民工及老年旅客等群体，平台还加强了专项支持力度，帮助他们在高峰期顺利购票。

Railway authorities have said they will rely on real-time data analysis to dynamically adjust ticket allocations, release additional seats when demand surges and prioritize passengers on waiting lists when new tickets become available.

铁路部门表示，将依托实时数据分析动态调整车票分配，在需求激增时释放额外座位，并在新车票释放时优先安排候补乘客。

To further improve the travel experience, the railway network is expanding its "quiet carriage" service, which offers designated cars for passengers seeking a calmer onboard environment. First piloted on select high-speed routes, the service will be made available on some 8,000 trains nationwide from Feb 1.

为进一步提升乘车体验，铁路网络正扩大“安静车厢”服务范围，为寻求更宁静乘车环境的乘客提供专属车厢。该服务最初在部分高铁线路试行，自2月1日起将在全国约8000列列车上全面推行。

On trains offering the service, the option is marked with a "quiet" label on the 12306 ticketing interface. Passengers must agree to the relevant rules before purchasing tickets for these carriages.

在提供该服务的列车上，该选项在12306购票界面标有“安静”标签。乘客购买此类车厢车票前须同意相关规定。

Under the rules, passengers are required to keep noise levels low, set mobile phones and other electronic devices to silent or vibrate, use headphones when listening to audio and leave the carriage when making or taking phone calls.

根据规定，乘客须保持低噪音，将手机及其他电子设备调至静音或振动模式，使用耳机收听音频，并需离开车厢接听或拨打电话。

Passengers traveling with children must ensure they do not cause disturbances. Train staff may intervene when necessary to maintain order and a relatively quiet onboard environment.

携带儿童的乘客须确保其行为不扰乱车厢秩序。列车工作人员必要时将采取干预措施，以维持车厢秩序及相对安静的环境。