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China Industries

China Industries

Major gold discovery in Gansu boosts national resource security

A significant gold discovery has been announced in Yumen city, Northwest China’s Gansu province, unearthing over 40 metric tons of gold resources — enough to fill the reserves of two large gold mines. The find, confirmed by the Gansu Provincial Department of Natural Resources, represents the largest gold discovery since the province launched its geological…

China set to establish 7 national digital economy pilot zones

China has unveiled plans to establish seven national pilot zones for digital economy innovation and development as part of its broader push to accelerate the development of the digital economy and foster competitive industrial clusters globally. According to the National Data Administration, the pilot zones will be located in Tianjin, Xiong’an New Area in Hebei,…

Chinese architects drive global dialogue on the future of the built environment

New York-based Chinese architect Yiyi Gao’s ” The Word for World is Forest” is honored at the Architizer Vision Awards, one of the biggest international platforms spotlighting the world’s best architecture. [Photo provided to chinadaily.com.cn] Amid globalization, an increasing number of Chinese architects are reaching out to global audiences with innovative architectural designs, contributing to…

Chinese artistic director: Music helps strengthen ties between nations

Performers join BMS Artistic Director Dr Ivo Kaltchev and WIYAMS Artistic Director Jinwei Zhang after a grand performance in Washington, DC on Oct 3, promoting the idea that music helps strengthen ties between nations. [YUNLONG DAI / for chinadaily.com.cn] Staying true to the belief that music is a bridge between nations, Chinese artistic director Jinwei…

Expert welcomes Zambia’s signing of debt restructuring deals with Chinese lenders

Kelvin Chisanga, a Zambian social economist. [Photo/Xinhua] LUSAKA — An economist on Wednesday welcomed Zambia’s signing of bilateral debt restructuring agreements covering part of its obligations to Chinese lenders. Finance and National Planning Minister Situmbeko Musokotwane announced on Tuesday that the Zambian government inked the agreements with several Chinese lenders, including the Export-Import Bank of…

Chinese diving into entrepreneurship at young age

Yip Lim Fai (right), a post-00s entrepreneur, talks with a customer at his restaurant Ran the Chef’s Table, a Black Pearl restaurant, in Xiamen, Fujian province, in August 2024. CHINA DAILY For Yip Lim Fai, a post-00s owner of Ran the Chef’s Table, a Black Pearl restaurant in Xiamen, East China’s Fujian province, starting up a…

Generation Zs embrace ‘experience economy’

Customers browse smartphones with government subsidies at a shopping mall in Jiaxing, Zhejiang province, on June 27. JIN PENG/FOR CHINA DAILY Spending just 1,500 yuan ($210) per month on rent, but happily going on a seven-day trip that costs 10,000 yuan, is an example of the current consumption value of the post-00s generation, or those born…

Rare earth controls boost stability, security

China’s latest step to tighten export controls on rare earths and related items will bolster global supply-chain security and ensure trade compliance, rather than curb exports, said a government official and analysts on Sunday. Against a backdrop of global turmoil and frequent conflicts, they noted the important military applications of medium and heavy rare earths…

China urges sincerity from US in trade talks

China on Tuesday urged the United States to “correct its wrong practices and show sincerity” to preserve the hard-won results of previous trade talks and work with China in the same direction, a day after working-level talks were held between Beijing and Washington. In another development, China added five US affiliates of South Korean shipbuilder…

Ed-tech firm bets big on AI learning solutions

A pupil tries out AI glasses at a primary school in Nanjing, capital of East China’s Jiangsu province. YANG BO/CHINA NEWS SERVICE The growing influence of artificial intelligence in China’s educational system is creating significant opportunities for domestic education technology firms, including ed-tech giant Gaotu Group, to capitalize on demand for AI-powered learning solutions, a company…