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China Industries

China Industries

Demand for hybrid financial talent significant, says CFA Institute

A staff member patrols among photovoltaic panels at a circular economy industrial park in Binhai New Area of Tianjin, North China, April 23, 2026. [Photo/Xiinhua] China’s push to become a global financial powerhouse is fueling a sharp rise in demand for hybrid talent with both financial expertise and emerging skill sets, with the talent gap…

Douyin banks on drama industry

This undated photo shows the filming site of a micro drama at the Shanghai International Short Video Center in Shanghai, East China. [Photo/Xinhua] CHANGSHA — Douyin Group, operator of the popular Chinese social media platform Douyin under ByteDance, plans to increase investment in live-action micro-dramas, an executive with the group said at a micro-drama industry…

Energy links expected to expand as liquefied natural gas sector evolves

A car refueling at a gas station in Guangzhou, on April 7. [Photo/VCG] Expanding energy ties between China and the United States will contribute to broader bilateral economic cooperation amid shifting global market dynamics, industry experts said. Liu Jia, chief expert at the Economics & Technology Research Institute, a think tank of China National Petroleum…

China’s railway investment up 3.2% in first four months

BEIJING — China’s railway construction made steady progress in the first four months of 2026, with fixed-asset investment expanding 3.2 percent year-on-year, according to the country’s railway operator. During the January-April period, fixed-asset investment in the railway sector reached 200.8 billion yuan (about $29.34 billion), according to data from China State Railway Group Co Ltd.…

ChiNext Index hits record high

China’s ChiNext Index surged 2.63 percent on Wednesday, breaking through 4,037.96 points — its previous record from the 2015 bull market — to set a new all-time high. The rally extended the index’s strong upward momentum this year, with the ChiNext Index, which tracks China’s Nasdaq-style board for growth enterprises, gaining 26 percent year-to-date to…

Lychee industry takes root in Hainan province

A farmer harvests lychees at a planting base in Haikou, Hainan province, on April 28. [Photo/VCG] HAIKOU — In Bincunshan of Qionghai city, South China’s Hainan province, lychee orchards are heavy with ripe and red fruit as the harvest season arrives. For villager Li Shiwu, the bustling harvest is a rewarding moment. “This year’s lychees…

Nation’s steel sector speeding up tech-driven low-carbon transition

An employee works on the production line of a steel company in Maanshan, Anhui province. LUO JISHENG/FOR CHINA DAILY China’s steel industry is accelerating technology-driven and low-carbon transformation efforts, including wider robot adoption, as steelmakers seek to strengthen resilience amid persistent supply-demand pressures and a more challenging external environment, industry officials said. Data from the…

Car exports maintain strong momentum in April

Vehicles await export from a port in Yantai, Shandong province, on Monday. TANG KE/FOR CHINA DAILY As the country’s auto industry further deepens its global footprint, China’s automobile exports maintained strong momentum in April, driven by steady shipments of new energy vehicles and accelerated overseas expansion by major domestic carmakers. China exported around 901,000 vehicles…

Gold miners hike overseas capacity in Q1

A shopper tries out a golden bracelet at a jewelry store in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY Major Chinese gold enterprises demonstrated strong overseas capacity expansion in the first quarter of 2026, producing 24.17 metric tons of mined gold abroad, a robust 30.77 percent increase that helped stabilize overall supply chains, according to…

High output at Daji Gas Field reduces need for imports

China’s largest coal-rock methane field, the Daji Gas Field, has reported strong production growth this year, with cumulative gas output reaching 1.412 billion cubic meters as of Tuesday, a year-on-year increase of 38.6 percent, said its operator China National Petroleum Corp. The gas field is currently maintaining daily output of 11 million cubic meters, demonstrating…