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Services production up by 0.9% in the euro area and by 0.6% in the EU

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Total market production increased in March 2025

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Ningxia rises in global influence as a top wine region

Guests sample wine on Monday at the opening of the fifth China (Ningxia) International Wine Culture and Tourism Expo in Yinchuan, capital of the Ningxia Hui autonomous region. HU DONGMEI / CHINA DAILY Yinchuan, the capital of Northwest China’s Ningxia Hui autonomous region, will host for the first time a session of the Concours Mondial…

Calterah highlights safety of smart car technology

Calterah founder and CEO Chen Jiashu speaks at the Calterah Day in Shanghai on June 6, 2025. [Photo provided to chinadaily.com.cn] Chinese semiconductor provider Calterah emphasized safety as the foundation for intelligent technology as it launched new products in Shanghai on Friday. “Intelligent technology without safety is pointless,” said founder and CEO Chen Jiashu, calling…

Foreign trade shows steady growth in first five months

Chinese exporters’ accelerated shift toward higher-value manufacturing and their sustained focus on innovation will continue to anchor China’s foreign trade growth this year, government officials, manufacturers and experts said on Monday. As China works to consolidate its position in global industrial chains amid rising geopolitical tensions, Chinese companies’ large-scale production capabilities, innovation strength, industrial upgrades and…

Avatr targets global growth after hitting sales milestone

A foreign visitor films Avatr models at the 27th International Chongqing Auto Show, which runs from June 7 to 15, 2025. [Photo provided to chinadaily.com.cn] Changan’s luxury marque Avatr announced its cumulative sales has exceeded 150,000 units, with an average transaction price of over 270,000 yuan ($37,584), strengthening its position in China’s premium new energy…

PBOC injects more liquidity to spur growth

Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] China’s central bank injected 1 trillion yuan ($139 billion) into the market on Friday via an outright reverse repo operation, which not only reinforces its commitment to economic growth but also signals efforts to improve the transparency of…

Chinese market always be a magnet for foreign investment: FM spokesperson

BEIJING — Whatever challenge may appear in the external environment, China’s manufacturing remains needed by the world, and the Chinese market will always be a magnet for foreign investment, a foreign ministry spokesperson said here Friday. It was reported that amid the severe international economic environment, China’s trade and economic ties with the rest of…

China deploys 10 national comprehensive pilot zones to boost digital economy

Visitors learn about aircraft products during the 9th Silk Road International Exposition and the Investment and Trade Forum for Cooperation between East & West China in Xi’an, Northwest China’s Shaanxi province, May 21, 2025. [Photo/Xinhua] China will establish 10 national comprehensive pilot zones for data elements, according to an announcement made by the National Data…

China’s largest agricultural drone maker unveils new drones

XAG Co Ltd, one of China’s largest smart agricultural drone makers, unveil two new models of agricultural drones in Guangzhou, Guangdong province, on Thursday. [Photo provided to chinadaily.com.cn] XAG Co Ltd, one of China’s largest smart agricultural drone makers, unveiled two new models of farming drones in Guangzhou, the capital of Guangdong province, on Thursday,…