BEIJING — China’s electricity consumption, a key barometer of economic activity, surpassed the 1-trillion-kilowatt-hours mark in July, according to the National Energy Administration on Thursday. Power use hit 1.02 trillion kilowatt-hours in July, representing an 8.6-percent increase from the same period last year, driven by a combination of multiple rounds of heat waves and steady…
Visitors examine an ET9 at Nio’s booth at the Shanghai auto show in April 2025. [Photo by Li Fusheng/chinadaily.com.cn] Service is becoming the key battleground for China’s fast-growing new energy vehicle sector, according to J.D. Power’s inaugural China New Energy Vehicle Customer Service Index Study released on Thursday. Overall satisfaction among NEV owners was 775…
Employees use a drone to maneuver photovoltaic panels for installation on the roof of a coal shed in Ma’anshan, Anhui province, on May 5. ZHANG MINGWEI/FOR CHINA DAILY China’s rapid advancements in sustainable urban development offer valuable lessons for other rapidly urbanizing regions, particularly Southeast Asia and Africa, and even developed countries seeking to enhance their…
A visitor experiences robotaxi commercial service in Shanghai. [Photo/Xinhua] Shanghai has launched a driverless Robotaxi service which offers passengers connections between Shanghai Disney Resort and Pudong International Airport. The service, which is run by IM Motors, SAIC Motor’s mobility service platform Xiangdao Chuxing and SAIC AI Lab, also offers short-distance connections between popular spots within…
The No 3 unit of the Jurong Pumped-Storage Power Plant in Jurong, Jiangsu province, which was connected to the grid for power generation on March 10. SHI JUN/FOR CHINA DAILY China is expected to remain the world’s largest hydropower market through 2030, fueled by significant domestic investment and the expansion of Chinese firms into developing…
BEIJING — The Ministry of Finance on Wednesday said that it will issue 12.5 billion yuan ($1.75 billion) of renminbi-denominated treasury bonds in the Hong Kong Special Administrative Region on Aug 27. Specific issuance arrangements will be announced on the website of the Hong Kong Monetary Authority’s Central Moneymarkets Unit, the ministry said. It will…
The grand opening of Mac Mac restaurant at the CP Center in Beijing on Monday. [Photo provided to chinadaily.com.cn] Mac Mac, a new fast-casual sub-brand… Read More »Lebanese restaurant Mac Mac opens in Beijing
BEIJING — Stepping into a model apartment, a homebuyer surnamed Liu was immediately struck by the bright, open layout. Right at the entrance, a small garden seamlessly flowed into the dining area and kitchen, creating a single airy space bathed in natural light. The park-inspired residential project in Chengdu, in Southwest China’s Sichuan province, features…
Employees work on a production line of Panpan Foods Group in Jinjiang, Fujian province, on Aug 19. HU MEIDONG/CHINA DAILY Panpan Foods Group, a Jinjiang, Fujian province-based snack food maker, has continued to accelerate the pace of its international expansion, especially in markets involved in the Belt and Road Initiative. So far, the company has exported…
BEIJING — China’s trade volume with fellow Shanghai Cooperation Organization (SCO) members reached a record high in the first seven months of this year, data from the General Administration of Customs (GAC) showed on Wednesday. From January to July, China’s total imports and exports with other SCO members reached 2.11 trillion yuan ($295.58 billion), marking…