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New energy storage key to spur economy

A technician monitors energy storage equipment in Yibin, Sichuan province, in December. Zhuang Geer / for China Daily Leveraging its dominant position in electric vehicles, lithium batteries and solar panel manufacturing, China is now strategically positioned to tap into new-type energy storage as a key driver of economic expansion and energy security, said industry experts…

New Zealand kiwi fruit cooperative eyes further growth in China

Nathan Flowerday, chairman of Zespri. [Photo provided to chinadaily.com.cn] Zespri, a cooperative of kiwi fruit growers in New Zealand, is eyeing deeper penetration and sustained long-term growth in China, reaffirming its confidence in the world’s second-largest economy despite a sluggish global outlook. As Chinese consumers increasingly prioritize health and premium-quality produce, Zespri expects its China…

Over 4.8b parcels handled in China during May Day holiday

A courier packages flowers at Dounan Flower Market in Kunming, Southwest China’s Yunnan province, Jan 22, 2025. [Photo/Xinhua] BEIJING – China’s postal and express delivery sector handled more than 4.8 billion parcels during the just-concluded May Day holiday period, marking year-on-year growth of over 20 percent, according to data released by the State Post Bureau…

Popularity of nation’s maturing whisky industry uncorked

Laizhou Distillery (left) in Chengdu, Sichuan province, has emerged as a powerhouse in China’s burgeoning whisky industry. Today, it accounts for roughly 80 percent of China’s whisky production and oak barrel supply (right). [Photo/China Daily] In the eastern outskirts of Anshun, Guizhou province, where mist clings to the lush hillsides and the scent of damp…

China Eastern Airlines to launch three new direct flights between Shanghai and Europe

Three new direct routes connecting Shanghai and European destinations, namely Geneva, Milan, and Copenhagen, will be launched in coming months by China Eastern Airlines, which will expand the airline’s European network to 15 cities, announced the Shanghai-based carrier on May 8. The Shanghai-Geneva flight will launch on June 16 and operate every Monday, Wednesday, Friday…

Indonesian carrier launches China’s C909 jet on Shanghai route

A regular flight between Shanghai and Indonesia’s Manado was launched by Indonesia’s TransNusa Airlines on Wednesday, becoming the only direct flight connecting the two destinations. The Shanghai-Manado flight is scheduled to operate every Monday, Wednesday, Friday and Sunday. The new route marks a milestone for China’s regional aircraft C909, which will conduct the more than…

Gates Foundation to spend $200 billion, wind down by 2045

The Gates Foundation announced on Thursday that it plans to spend $200 billion over the next two decades and cease operations by 2045. “I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world,” Bill Gates, the foundation’s…

China’s media revenue climbs, driven by surge in micro-dramas, online content

An audience member watches an AIGC sci-fi short drama “The Sun that Fell” on his mobile phone in Shanghai, May 5, 2025. [Photo/VCG] BEIJING – China’s broadcasting and online audiovisual industry posted strong growth in 2024, fueled by a boom in micro-dramas and a steady rise in digital media consumption, according to an official report…

Happy Europe Day 2025!

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Huaihua expo signs deals worth nearly 12b yuan

The second Hunan (Huaihua) RCEP Economic and Trade Expo opens on Friday in Huaihua, Hunan province. [Photo by Zhu Youfang / chinadaily.com.cn] The second Hunan (Huaihua) RCEP Economic and Trade Expo opened Friday in Huaihua, Hunan province, with 28 projects totaling 11.88 billion yuan ($1.64 billion) signed. These projects span sectors including luggage and leather…