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Annual inflation down to 2.8% in the euro area

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How many judges does the EU have?

In 2024, the EU had 15.7 professional judges per 100 000 people, down from 17.7 in 2014.  Among EU countries, Croatia and Slovenia registered the highest ratios, with 43.3 and 40.2 judges per 100 000 people. Luxembourg (36.0), Bulgaria (35.4) and Romania (35.3) followed.  On the lowest end, there was Ireland with 3.6 judges per…

AI, interaction to fuel content growth

A student works on an AI short drama at an innovation and entrepreneurship hub in Huzhou, East China’s Zhejiang province, on July 14. [Photo/Xinhua] Two viewers sit before different screens, each holding half the clues. One knows who is lying, the other knows how to escape. Unless they work together, the characters on screen may…

JPMorgan: What could drive China’s demand recovery in H2?

China’s economy showed supply-side resilience in the first half of the year, but the demand side remains fragile, Zhu Feng, China chief economist and head of Greater China Economic Research at JPMorgan, told China Perspective. Zhu said stronger policy support would be crucial in the second half, with faster fiscal execution, quicker use of local…

China’s railway sector reports steady growth

An aerial drone photo taken on July 13, 2026 shows a China-Europe freight train pulling out of the Suifenhe Railway Port in Suifenhe, Northeast China’s Heilongjiang province. [Photo/Xinhua] China’s railway sector maintained steady growth in the first half of 2026, with fixed-asset investment reaching 363.2 billion yuan ($53.61 billion), up 2.1 percent year-on-year, the national…

Visa reports increase in Shanghai inbound tourism spending

Yin Xiaolong, general manager of Visa Chinese mainland. [Photo provided to chinadaily.com.cn] Shanghai’s inbound consumption is heading in an upward direction, according to data for the first quarter of 2026 released by Visa. The data indicated that Shanghai’s inbound tourism numbers increased by 29.1 percent year-on-year, while the offline card transaction amount has increased by…

AI emerges as new growth engine for industries

An AI digital chassis is displayed at the Smart Vehicle exhibition area during the fourth China International Supply Chain Expo (CISCE) in Beijing, capital of China, June 23, 2026. [Photo/Xinhua] BEIJING — Artificial intelligence is fast becoming a reliable engine of growth for China’s industrial transformation. From factories and mines to classrooms and hospital wards,…

Beijing objects to nationalization of British Steel

China’s Ministry of Commerce has expressed opposition to the British government’s nationalization of British Steel, saying the move seriously harms the legitimate rights and interests of its Chinese owner Jingye Group, and undermines the confidence of Chinese companies investing in the United Kingdom. The ministry issued the remarks via a statement on Friday after the…

WAIC fosters partnership for a better future

Guided by multilateralism and an open, inclusive mindset, China has proactively advanced global artificial intelligence governance and international collaboration, contributing Chinese solutions to fuel global growth in the intelligent era. Zhou Haibing, deputy director of the National Development and Reform Commission, said that China took the lead in rolling out the Global AI Governance Initiative,…

Adults seen as key driver to Lego’s growth in China

Consumers take photos of Lego exhibits at a shopping center in Shanghai on June 15. CHEN YUYU/FOR CHINA DAILY Lego Group is betting on the country’s expanding toy market by investing in retail innovation, locally relevant branding and adult-focused products as the Danish toymaker ramps up the next phase of growth. The company’s strategy is…