Employees work on the production line of Nanjing Sciyon Wisdom Technology Group in Nanjing, Jiangsu province, in October 2020. FANG DONGXU/FOR CHINA DAILY BEIJING — China’s national economic development zones are set to play a bigger role in incubating industrial and technological innovation thanks to the unveiling of a set of policy measures designed to boost…
Major global banks and institutions raised their forecasts for China’s economic growth this year following the country’s stronger-than-expected first-half performance, reflecting their confidence in the world’s second-largest economy despite persistent external challenges. Foreign institutions, including Morgan Stanley, Goldman Sachs, UBS and Nomura, upgraded their full-year GDP growth estimates for China, which are closer to the…
China’s efforts to boost child nutrition nationwide through dairy consumption has reached a new milestone, with more than 30 million primary and secondary school students covered by the “National School Milk Program”, according to a 2025 bulletin released by the Dairy Association of China on Monday. Launched in 2000, the program has evolved into one…
China’s consumer price index, a main gauge of inflation, rose 0.1 percent year-on-year in June, data from the National Bureau of Statistics showed on Wednesday. The CPI in urban regions rose 0.1 percent year-on-year last month, while that in the rural regions was down 0.2 percent, according to the data.On a monthly basis, the CPI…
A view of high-speed trains at the China National Railway Test Center in Beijing on July 9. ZOU HONG/CHINA DAILY BEIJING — China’s fast-evolving high-speed rail technology is not only reshaping domestic mobility, but also playing an increasingly significant role in enhancing global connectivity and driving infrastructure development, experts said at the 12th World Congress on…
A drone photo shows an electric vertical take-off and landing aircraft performing a flight demonstration at a park in Hefei, Anhui province. ZHOU MU/XINHUA At Hefei’s urban air mobility hub, the rotor blades of an electric vertical take-off and landing (eVTOL) aircraft hum to life before it glides smoothly into the summer sky. Known as…
China’s financing activity maintained steady momentum in the first half with further improvements in June, pointing to recovering market confidence as monetary easing takes effect, said the People’s Bank of China, the country’s central bank, on Monday. With uncertainties and challenges still lingering at home and abroad, officials and experts said that the PBOC would…
Industrial software developer Aveva has ramped up efforts to increase its research and development investment in China, while also deepening its cooperation with local partners, to bolster the digital transformation and upgrading of Chinese enterprises, as it sees enormous opportunities from China’s emphasis on the development of new quality productive forces. China has rapidly emerged…
FUZHOU — China’s dairy industry will make significant strides toward all-round modernization by 2030, the Dairy Association of China said on Monday. By 2030, the country’s milk self-sufficiency rate is expected to be maintained at over 70 percent, with annual milk yield per cow exceeding 10 tonnes, according to a document released by the association…
BEIJING – China’s economy has demonstrated remarkable resilience during the 14th Five-Year Plan period (2021-2025), with its economic increment projected to exceed 35 trillion yuan ($4.89 trillion). Over the first four years of the period, the economy expanded at an average annual growth rate of 5.5 percent, Zheng Shanjie, head of the National Development and…