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Japan should not increase reliance on US fossil fuels, advocacy group says

A global climate advocacy group urged Japanese Prime Minister Shigeru Ishiba to reject any deal with US President Donald Trump that would deepen Japan’s reliance on fossil fuels. “With Japan’s Cabinet expected to make a decision on the Basic Energy Plan and the Plan for Global Warming Countermeasures soon, it is critical to prevent a…

CCCME condemns US tariff hike, urges dialogue

Strongly opposing the United States’ new tariff decision on Chinese goods, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) called on the US side to halt unilateral measures and pursue dialogue to de-escalate trade tensions. The tariff hike is a violation of World Trade Organization rules, which not…

Mega metamorphic rock oilfield begins production in China

CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production. Located in central Bohai Bay, with an average water depth of approximately 20 meters, the project, which is also the world’s largest metamorphic buried hill oilfield with cumulative proven oil and gas in-place of over 200 million cubic…

Box office winner ‘Ne Zha 2’ showcases strong commercial value

A poster for the film “Ne Zha 2” is seen at a cinema in Shanghai, Feb 5, 2025. [Photo/VCG] The animated feature film “Ne Zha 2” broke the box office records, earning over 6.25 billion yuan ($857.91 million) as of 10:00 on Feb 7. As the film booms, the related goods of “Ne Zha 2″…

China’s electronic information manufacturing sector posts fast growth in 2024

BEIJING – China’s electronic information manufacturing sector registered robust growth in 2024, with the added value of major enterprises in the sector increasing 11.8 percent from the previous year, official data showed on Thursday. The combined operating revenues of the sector’s major firms rose 7.3 percent year-on-year to 16.19 trillion yuan ($2.26 trillion) in 2024,…

Housing sector likely to see better days ahead

A residential property project under construction in Hangzhou, Zhejiang province. LONG WEI/FOR CHINA DAILY The positive buying sentiment in the new-home market across major Chinese cities has greatly boosted confidence and expectations for a strong sales season in March and April, said industry experts on Thursday after digesting the home transaction data of the Spring…

Duty-free sales enjoy Spring Festival boost

Consumers check out cosmetics at a duty-free shopping venue in Sanya, Hainan province, last week. LI XUESHI/FOR CHINA DAILY During the Spring Festival holiday spanning from Jan 28 through Tuesday, Haikou Customs recorded transactions totaling 2.09 billion yuan ($287 million) in duty-free shopping, with 240,500 travelers departing from Hainan province engaging in duty-free purchases, averaging 8,706…

Xizang sees greater tourist influx during holiday

A toddler plays at a festive venue in Lhasa, Xizang autonomous region, on Sunday. [Photo/Xinhua] Tourist attractions in the Xizang autonomous region embraced more than 2.38 million visits during the just-concluded Spring Festival holiday, an increase of 16.56 percent year-on-year, according to the region’s culture and tourism department. It said that tourism-related expenditure during the…

Business ties with LatAm on healthy track

Brazilian workers are seen at the construction site of the West-East Integration Railway Project in Bahia state, Brazil, on Feb 6. China Railway No 10 Engineering Co also participated in the project. WANG TIANCONG/XINHUA China and Latin American countries, buoyed by their highly complementary economic structures, are well-positioned to deepen mutually beneficial trade and investment…

Figures see Spring Festival consumption spree

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