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68% of people living in EU households own their home

In 2024, more than two-thirds (68%) of the population living in EU households owned their home, slightly down from 69% in 2023. The remaining 32% lived in rented housing, up from 31% in the previous year.  The highest share of ownership was observed in Romania (94%), followed by Slovakia (93%) and Hungary (92%).  Owning a…

68% of people living in EU households own their home

In 2024, more than two-thirds (68%) of the population living in EU households owned their home, slightly down from 69% in 2023. The remaining 32% lived in rented housing, up from 31% in the previous year.  The highest share of ownership was observed in Romania (94%), followed by Slovakia (93%) and Hungary (92%).  Owning a…

China unveils new auto data transfer rules

China’s industry regulator, along with seven other government authorities, jointly issued new national guidelines on Tuesday aimed at governing the cross-border flow of automotive data, a move designed to bolster data security as the country’s auto industry becomes increasingly digital and globally connected. For the first time, China has set out specific rules regarding “important…

Services boosted to lift thermal coal transport

Chinese railway operators have intensified measures to transport more coal, especially thermal coal, by trains to increase coal inventories at power plants. Since the beginning of winter, demand for thermal coal has continued to rise, making the task of coal transport arduous and urgent. Staff members of Beizhouzhuang Railway Station in Shanxi province are performing…

Shanghai accelerates ‘AI+’ integration, innovation in key industries in 2026

Visitors pause to appreciate a robotic-themed exhibition booth at the Pudong Development and Opening-up Themed Exhibition in Shanghai’s Pudong New Area, on Dec 6, 2025. [Photo/Xinhua] Shanghai is set to intensify its “AI+” initiative, focusing on enhancing computational infrastructure, industry-specific data, and vertical AI model development, as well as promoting the widespread application of next-generation…

London to be Pop Mart’s Europe HQ

A view of a Pop Mart store in London. LI YING/XINHUA Pop Mart, a Beijing-based collectible toy company, recently announced plans to establish its European headquarters in London, marking a significant step in its international expansion strategy. The plan was announced on Friday at the UK-China Business Forum, where company founder and CEO Wang Ning…

China tightens vehicle safety rules with new door handle standard

In a bid to address potential safety risks associated with hidden door handle designs, a mandatory national standard on automotive door handle safety will come into force on Jan 1, 2027, said the Ministry of Industry and Information Technology on Monday. The standard mandates that each vehicle door—excluding the tailgate—must be equipped with both a…

MNCs double down on China’s potential

An aerial drone photo taken on Jan 14, 2026 shows a truck transporting a container at the international container terminal of Taizhou Port in Taizhou, East China’s Jiangsu province. [Photo/Xinhua] China continues to see a robust surge in foreign investment, with over 70,000 new foreign-invested enterprises established in 2025, as multinational corporations double down on…

Major cities see improved realty metrics

An aerial drone photo taken on July 21, 2025 shows a urban village renovation project in Nanning city, South China’s Guangxi Zhuang autonomous region. [Photo/Xinhua] The property market in China’s major cities has improved since the beginning of this year, fueled by stronger policy support and better dynamics on both the supply and demand sides,…

China’s COMAC signs deal for firefighting planes at Singapore Airshow

A Commercial Aircraft Corporation of China (COMAC) C919 performs during the media preview for the 10th Singapore Airshow in Singapore, Feb 1, 2026. [Photo/Xinhua] Commercial Aircraft Corporation of China (COMAC) said on Tuesday that it has signed a deal for six of its C909 firefighting aircraft as the 2026 Singapore Airshow opens. According to COMAC,…