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Government debt at 87.8% of GDP in euro area

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Hualong One nuclear power unit in GBA enters commercial operation

An aerial photo of the No 1 unit of the Taipingling nuclear power project in Guangdong province, on April 20, 2026. [Photo/Xinhua] The first Hualong One nuclear power unit in the Guangdong-Hong Kong-Macao Greater Bay Area officially entered commercial operation on Monday, marking a significant milestone in China’s independent development of third-generation nuclear technology and…

Smart healthcare firm eyes global growth at Canton Fair

A foreign buyer looks at a smart sleep pillow made by OI Time Land at the 139th edition of the China Import and Export Fair in Guangzhou, Guangdong province, on April 15, 2026. [Photo provided to chinadaily.com.cn] OI Time Land, a Suzhou, Jiangsu province-based manufacturer of smart healthcare devices, debuted at the 139th China Import…

Euro area government deficit at 2.9% and EU at 3.1% of GDP

Overview In the euro area (EA20) the government deficit to GDP ratio decreased from 3.0% in 2024 to 2.9% in 2025. In the EU, it remained unchanged at 3.1%, the same level as in 2024. In the euro area the government debt to GDP ratio increased from 87.0% at the end of 2024 to 87.8%…

Drought hits 156 703 km2 of EU land in 2024

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ByteDance’s overseas revenue surges, but profits hit by AI spending

Chinese tech heavyweight ByteDance posted strong overseas growth in 2025, with its overseas revenue surging nearly 50 percent, far outpacing its domestic growth of about 20 percent, according to domestic media reports. The share of its international business rose from roughly 25 percent in 2024 to more than 30 percent last year, reaching a record…

NEV growth slows, value changes

Li Auto and Xiaomi Auto are among several new energy vehicle showrooms based in the Huaxi Live Wukesong shopping mall in Beijing. LI FUSHENG/CHINA DAILY If the key phrase for China’s automotive industry over the past decade was scale expansion, industry leaders are now signaling a shift that the focus is moving from speed and…

Car launch events held ahead of Beijing show

Changan showcases its models at the Guangzhou auto show in November. CAO YINGYING/CHINA DAILY The Beijing auto show is set to open on Friday, but an increasing number of automakers and suppliers are rushing to unveil major products ahead of the biennial event, the largest of its kind in the world. From Changan and BYD…