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Services production up by 1.2% in the euro area and by 0.6% in the EU

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Trade in goods with China in 2025

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Largest single-site solar power project in SE Asia begins operation in Laos

The largest single-site solar power project in Southeast Asia, built by China General Nuclear Power Corp in northern Laos, began operations on Tuesday, marking a major milestone in the region’s transition to green energy. As the corporation’s first overseas million-kilowatt-level greenfield project to be independently planned and developed, the project is seen as a major…

NDRC oil pricing scheme to cushion the blow of rising oil prices

A car refueling at a gas station in Guangzhou, on Tuesday. [Photo/VCG] China’s refined oil pricing mechanism is playing a crucial role as a “stabilizer” for the national economy, effectively cushioning the country against the impact of volatile international markets, industry experts said. As geopolitical tensions in the Middle East continue to disrupt global crude…

New guidelines keep Daxue Road’s character intact

Daxue Road in Yangpu district in Shanghai is well-known for its chic restaurants and cafes as well as enough outdoor seating, allowing people dining in the open air. [Photo by Gao Erqiang/chinadaily.com.cn] Did you know the energetic, fashionable Daxue Road in Shanghai’s Yangpu district was originally an ordinary commercial road back in 2006? Daxue Road…

China’s deepest offshore wind farm begins full operation

China’s deepest offshore wind power project began operation on Tuesday after connecting to the grid in Shandong province. [Photo provided to chinadaily.com.cn] China’s deepest offshore wind power project began operation on Tuesday after connecting to the grid, marking a breakthrough in the country’s ability to develop wind farms in complex and deep-sea environments. The project’s…