CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production. Located in central Bohai Bay, with an average water depth of approximately 20 meters, the project, which is also the world’s largest metamorphic buried hill oilfield with cumulative proven oil and gas in-place of over 200 million cubic…
A poster for the film “Ne Zha 2” is seen at a cinema in Shanghai, Feb 5, 2025. [Photo/VCG] The animated feature film “Ne Zha 2” broke the box office records, earning over 6.25 billion yuan ($857.91 million) as of 10:00 on Feb 7. As the film booms, the related goods of “Ne Zha 2″…
BEIJING – China’s electronic information manufacturing sector registered robust growth in 2024, with the added value of major enterprises in the sector increasing 11.8 percent from the previous year, official data showed on Thursday. The combined operating revenues of the sector’s major firms rose 7.3 percent year-on-year to 16.19 trillion yuan ($2.26 trillion) in 2024,…
A residential property project under construction in Hangzhou, Zhejiang province. LONG WEI/FOR CHINA DAILY The positive buying sentiment in the new-home market across major Chinese cities has greatly boosted confidence and expectations for a strong sales season in March and April, said industry experts on Thursday after digesting the home transaction data of the Spring…
Consumers check out cosmetics at a duty-free shopping venue in Sanya, Hainan province, last week. LI XUESHI/FOR CHINA DAILY During the Spring Festival holiday spanning from Jan 28 through Tuesday, Haikou Customs recorded transactions totaling 2.09 billion yuan ($287 million) in duty-free shopping, with 240,500 travelers departing from Hainan province engaging in duty-free purchases, averaging 8,706…
A toddler plays at a festive venue in Lhasa, Xizang autonomous region, on Sunday. [Photo/Xinhua] Tourist attractions in the Xizang autonomous region embraced more than 2.38 million visits during the just-concluded Spring Festival holiday, an increase of 16.56 percent year-on-year, according to the region’s culture and tourism department. It said that tourism-related expenditure during the…
Brazilian workers are seen at the construction site of the West-East Integration Railway Project in Bahia state, Brazil, on Feb 6. China Railway No 10 Engineering Co also participated in the project. WANG TIANCONG/XINHUA China and Latin American countries, buoyed by their highly complementary economic structures, are well-positioned to deepen mutually beneficial trade and investment…
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Artificial intelligence-aided robots sort products at a logistics center of a garment company in Huzhou, Zhejiang province, on Wednesday. NI LIFANG/FOR CHINA DAILY Chinese companies are accelerating the adoption of generative artificial intelligence, as the cutting-edge disruptive technology presents a significant opportunity for enterprises to boost operational efficiency, remain competitive and navigate the complex business…
China will not initiate trade conflicts and is willing to resolve differences through dialogue, while regarding unilateral bullying measures, China will take necessary measures to firmly defend its own rights and interests, the Ministry of Commerce said on Thursday. The ministry made the remarks following Washington’s levy of an additional 10 percent tariff on goods…