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China to improve consumption tracking with strengthened statistics work

A drone photo taken on Dec 10, 2025 shows a scene of the 21st Changsha International Automobile Expo in Changsha, Central China’s Hunan province. [Photo/Xinhua] BEIJING – China will improve its tracking of consumption market dynamics amid efforts to foster a robust domestic market, according to a national statistics conference which concluded on Thursday. At…

Now available: first 2026 data on minimum wages

On 1 January 2026, 22 out of 27 EU countries had national minimum wages, all except Denmark, Italy, Austria, Finland and Sweden.  Of these countries, 8 had minimum wages below €1 000 per month: Bulgaria (€620), Latvia (€780), Romania (€795), Hungary (€838), Estonia (€886), Slovakia (€915), Czechia (€924) and Malta (€994). In 8 others, minimum wages…

GDP up by 0.3% in both the euro area and the EU

Print page Printing can have negative environmental impacts due to paper waste. We encourage you to explore eco-friendly alternatives. Bookmarking this page in your browser allows you to access it anytime. This publication can also be converted to PDF, if you have a PDF printer installed on your computer. PDF printers function as virtual printers,…

Contingent liabilities and non-performing loans in 2024

The most common form of contingent liabilities in the EU countries is government guarantees on liabilities and, occasionally, on assets of third parties. In 2024, the highest levels of government guarantees were recorded in the Netherlands (31.0% of GDP), Finland (17.0%) and Italy (14.6%). On the lower end of the scale, rates equal to or…

Shanghai’s power consumption exceeds 200b kWh mark in 2025

Shanghai’s electricity consumption — a key gauge of economic activity — surpassed 200 billion kilowatt-hours for the first time last year, cementing its leading position among global mega cities, according to State Grid Shanghai Municipal Electric Power Co. Total power use in Shanghai hit 208.89 billion kWh in 2025, representing a year-on-year increase of 5.28…

Shanghai ramps up computing capability to become global computing hub

Shanghai looks to moderately step up its construction of intelligent computing facilities during the 15th Five-Year Plan (2026-30) period to build an independently controllable intelligent computing industry, according to official sources. Shanghai will promote the building of intelligent computing infrastructure at a measured pace in order to lift the city’s computing power industry to a…

Global exec hails Chinese EVs as auto industry game changer

Visitors learn about an electric vehicle at the Zhongguancun Exhibition Center in Beijing, capital of China, June 20, 2025. [Photo/Xinhua] To Jamie Sanders, Rio Tinto’s head of Global Procurement, the Chinese EV isn’t just a car; it is a symbol of a broader, more profound transformation. He watched as the industry shed its reputation as…

High-level dialogue key to bolstering business confidence

An autonomous electric truck from China’s tech company Westwell gets ready to load a container at Port of Felixstowe in Britain, Nov 20, 2025. [Photo/Xinhua] British Prime Minister Keir Starmer’s visit to China — the first of its kind since 2018 — reflects the British government’s objective to create a mature, consistent, comprehensive, and strategic…

China issues work plan to foster new growth drivers in service consumption

Tourists take a cruise ship to enjoy the night view in Southwest China’s Chongqing municipality, May 28, 2025. [Photo/Xinhua] BEIJING – China has released a work plan to accelerate the cultivation of new growth drivers in service consumption, as part of broader efforts to support the country’s high-quality development. The plan, published by the General…