Vehicles await export at a port in Taicang, Jiangsu province, on Monday. JI HAIXIN/FOR CHINA DAILY BEIJING — China’s auto industry is accelerating its green and high-quality transformation, powered by the rapid growth of new energy vehicles, which signaled a structural shift by accounting for more than half of China’s monthly car sales in April.…
The outcomes achieved by China and the United States in their latest round of economic and trade consultations could help bring more certainty and confidence to global industrial and supply chains, and may contribute to stabilizing the world economy amid rising geopolitical and trade uncertainties, market observers and executives said. The Ministry of Commerce announced…
The Ministry of Commerce announced on Thursday that China stands ready to work with the United States on the basis of equality, mutual respect and reciprocity to expand areas of cooperation. This follows candid, in-depth and constructive consultations on economic and trade issues of mutual concern held between the two sides in the Republic of…
China-based global platform enterprise Hoosun Technology Group has unveiled its high-energy solid-liquid hybrid batteries during an exhibition in Shenzhen, Guangdong province, showcasing its prowess in energy transformation with full chain technological innovation. China-based global platform enterprise Hoosun unveils its high-energy solid-liquid hybrid batteries at the 18th China International Battery Fair 2026, which opens on May…
The Ministry of Commerce said on Thursday that China would take effective measures to safeguard the legitimate rights and interests of Chinese companies following reports concerning the United Kingdom government’s potential nationalization of British Steel. The response follows media reports that the British government plans to nationalize British Steel, which is currently owned by China’s…
BEIJING – China’s digital industry generated a revenue of 9.5 trillion yuan ($1.39 trillion) in the first quarter, up 12.9 percent from the same period last year. The growth rate is 3.5 percentage points higher than the same period last year, data from the Ministry of Industry and Information Technology showed Thursday. In the period,…
A staff member cuts fresh fish for customers in the Ole Lifestyle supermarket at Westlake 66, the newly opened mixed-use complex in the bustling Wulin central business area in Hangzhou, Zhejiang province, during the mall’s opening on April 28. LIN YUNLONG/FOR CHINA DAILY Visitors entering Westlake 66, the newly opened mixed-use complex in the bustling…
China Petroleum and Chemical Corp, or Sinopec, has announced the discovery of a proven geological reserve totaling 235.69 billion cubic meters at the Ziyang Dongfeng shale gas field in the Sichuan Basin, marking the birth of China’s first ultra-deep shale gas field of this scale. The breakthrough pushes the country’s shale gas exploration past the…
China has officially launched its first large-scale computing-electricity synergy project with direct green power supply, marking a milestone in the nation’s massive commitment to building a unified, nationwide computing network by physically linking desert renewable energy directly to digital infrastructure. The 500,000-kilowatt photovoltaic power station located in the Ningxia Hui autonomous region began operations recently.…
A gondolier glides along the canal at Florentia Village Beijing-Tianjin Luxury Design Outlet in Wuqing, Tianjin, as people stroll across the Venetian-style bridge on May 10. CHINA DAILY Luxury outlet retail in China is demonstrating vitality and resilience as the sector capitalizes on the growing demand for cultural, lifestyle and vacation experience-centered shopping. Among luxury…