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China’s gold consumption sees 4.41% increase in Q1

A customer shops for gold jewelry at a store in Qionghai, South China’s Hainan province, on Jan 29, 2026. [Photo/Xinhua] Driven by a surge in investment demand for gold bars and coins, China’s gold consumption saw a steady increase in the first quarter of 2026, even as high prices weighed on jewelry sales and domestic…

132 600 people refused entry in the EU, up by 7.1%

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Longi’s first energy storage project in Finland goes operational

Chinese solar giant Longi Green Energy Technology Co announced on Saturday the successful grid connection and operation of its first energy storage project in Finland. The project marks a significant milestone in applying integrated solar-plus-storage solutions to high-latitude regions and harsh Nordic climates, it said. The project is specifically engineered to meet the unique challenges…

Trade in agricultural products: €24.7 billion surplus

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HSR makes new progress in Southwest China

Builders from China Railway No 4 Engineering Group start laying tracks on May 8 for the Yibin-Yanjin South section of Chongqing-Kunming High-speed Railway, helping to bolster social-economic development along the route. [Photo provided to chinadaily.com.cn] Amid the country’s drive to expand the operating mileage of railways, builders from China Railway No 4 Engineering Group (CREC4)…

China’s gold consumption up 4.41% in Q1

Customers select gold jewelry at a duty-free store in Haikou, South China’s Hainan province, on Jan 17, 2026. [Photo/Xinhua] BEIJING — China’s gold consumption edged up in the first quarter of 2026, mainly driven by the strong demand for gold bars and coins, data from the China Gold Association showed on Saturday. The country’s gold…

China’s foreign trade up 14.9% in first four months

China’s foreign trade grew by 14.9 percent on a yearly basis to reach 16.23 trillion yuan ($2.39 trillion) in the first four months of 2026, according to data released by the General Administration of Customs on Saturday. The country’s exports rose 11.3 percent year-on-year to 9.33 trillion yuan, while its imports jumped 20 percent on…

Chinese industry bodies issue trial guidelines to advance unified market

BEIJING — Seventeen national industry associations and chambers of commerce on Friday jointly released a set of trial guidelines for domestic trade transactions, aiming to build a unified, open and orderly competitive market system and further advance the development of a unified national market in China. China’s domestic trade market is large in scale, with…

Museum in expo city marks new strides

As the one-year countdown to the opening of Expo 2027 Belgrade approaches, the International Exhibitions Bureau (BIE), Expo 2027 doo Belgrade and the World Expo Museum (WEM) jointly signed a Memorandum of Understanding in Shanghai on May 7 on the participation of the WEM in Expo 2027 Belgrade. It is the first time that WEM…

Ikea grows footprint of smaller stores in Beijing

Ikea China opened its first small-format store in the Tongzhou district of Beijing on April 30, as the Swedish home furnishing giant continues to expand its footprint in China’s capital and deepen its omnichannel strategy. The Tongzhou store, part of Ikea’s broader effort to integrate more closely with consumers’ daily lives, spans roughly 1,500 square…