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JD’s food delivery orders surge after service launch

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JD’s food delivery service is now available in 39 cities nationwide, with expansion plans underway. [Photo/VCG] Online orders in certain cities have surged over 100 times since the Chinese e-commerce giant JD launched its food delivery service on Feb 11, according to a report by Sina on Thursday. Some industry insiders believe that JD aims…

Surplus in EU trade in goods for 6 quarters in a row

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‘Ne Zha 2’ brings surging orders to Chinese toy factories

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Toys featuring Ne Zha, the main character from “Ne Zha 2”, are pictured at a toy manufacturer’s workshop in Xiangtan, Central China’s Hunan province, on Feb 8, 2025. [Photo/Xinhua] GUANGZHOU — In the bustling production workshop of a cultural products company in South China’s Guangdong province, miniature figurines of Ne Zha, Ao Bing and Tai…

Yantai Power Supply boosts Laizhou’s engineering sector

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Staff members from the Yantai Power Supply under the State Grid visit an enterprise to aid in conducting electrical safety inspections. [Photo provided to chinadaily.com.cn] In mid-February, as production resumed on a large scale following the Spring Festival break, the Engineering Machinery Industrial Park in Laizhou, a county-level city in Yantai, Shandong province, bustled with…

Production in construction stable in the euro area and up by 0.4% in the EU

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Energy prices stabilised at a high level in 2024

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American electric vehicle maker Nikola files for bankruptcy

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LOS ANGELES — American electric vehicle (EV) maker Nikola Corporation announced on Wednesday that the company has filed for bankruptcy protection. The EV auto startup, based in Phoenix, the capital of the southwestern US state of Arizona, said in a statement that “the company and certain of its subsidiaries have filed voluntary petitions under Chapter…

Microsoft creates new state of matter to power quantum computers: report

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NEW YORK — Microsoft said on Wednesday that it has created a new state of matter in its quest to make a powerful machine, called a quantum computer, that could accelerate the development of everything from batteries to medicines to artificial intelligence. Microsoft’s scientists said they had built what is known as a “topological qubit”…

Plan unveiled to attract more foreign investment

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The skyline of Beijing. [Photo/VCG] China will expand pilot programs in key sectors, including telecommunications, healthcare and education, to further open up its economy and attract global capital, according to an action plan unveiled on Wednesday for stabilizing foreign investment in 2025. Approved and released by the State Council, China’s Cabinet, the plan aims to…

CNOOC’s Buzios7 project begins production in Brazil

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CNOOC booth at an expo held in Shanghai on Dec 6, 2024. [Photo/VCG] CNOOC Limited announced on Monday that its Buzios7 project, located in the Santos Basin off the southeast coast of Brazil, has safely commenced production. With a water depth of 1,900 to 2,200 meters, the Buzios oilfield is the largest deep-water pre-salt oilfield…