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Buka solar project completes construction, highlighting Sino-Uzbek energy cooperation

The photovoltaic field construction of the Buka Solar Project—affectionately dubbed the Pomegranate Sunshine Station by local residents—was fully completed on June 28. Launched in October 2024 by Dongfang Electric Corporation, or DEC, and China Datang, the project quickly achieved a significant milestone: the first phase was connected to the grid just three months later. This…

Shanghai composite hits year-to-date high on reform optimism

The benchmark Shanghai Composite Index rose 0.32 percent on Friday to close at 3,472.32 points, marking its highest level so far this year. This may suggest that a bull market driven by China’s economic restructuring is gradually emerging, supported by a package of financial stimulus measures rolled out since September, said Dong Zhongyun, chief economist…

China issues final ruling of anti-dumping probe into EU brandy imports

BEIJING — China’s Ministry of Commerce on Friday announced the final ruling of its anti-dumping investigation into brandy imports from the European Union (EU), saying that it will impose anti-dumping measures on these imports for a period of five years, effective Saturday. The investigation found that brandy imported from the EU involves dumping, posing an…

Electricity demand set for further uptick

China’s electricity demand is projected to maintain steady growth in 2025, with total consumption expected to increase within a range of 4 percent to 6.5 percent, according to a report by the State Grid Energy Research Institute. The report, titled “China Power Supply and Demand Analysis Report 2025,” forecasts total nationwide electricity consumption to reach…

China finds EU brandy dumped

China has determined that brandy imported from the European Union has been sold at unfairly low prices — or dumped — but will accept minimum price commitments proposed by EU businesses, the Ministry of Commerce said on Friday. In its final ruling on the anti-dumping investigation, published on its website, the ministry concluded that “imported…

Services production down by 0.3% in both the euro area and the EU

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Trade of professional and management services up in 2023

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