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China Industries

China Industries

China’s power use hits historic high in July

Staff members from the State Grid Changzhou Power Supply Company check the safety of high-pressure chambers. [Photo provided to chinadaily.com.cn] China’s total power consumption reached a historic high in July, reaching 1.02 trillion kilowatt-hours, a year-on-year increase of 8.6 percent, the National Energy Administration said on Thursday. This marks the first time China’s monthly nationwide…

China expands overseas financing access to boost green development

China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country’s foreign exchange regulator said on Thursday. The program will encourage domestic non-financial enterprises to channel cross-border funds into projects that meet the green finance or low-carbon transformation standards set…

China’s power use sees strong growth in July

BEIJING — China’s electricity consumption, a key barometer of economic activity, surpassed the 1-trillion-kilowatt-hours mark in July, according to the National Energy Administration on Thursday. Power use hit 1.02 trillion kilowatt-hours in July, representing an 8.6-percent increase from the same period last year, driven by a combination of multiple rounds of heat waves and steady…

Nation playing key role in world hydropower market

The No 3 unit of the Jurong Pumped-Storage Power Plant in Jurong, Jiangsu province, which was connected to the grid for power generation on March 10. SHI JUN/FOR CHINA DAILY China is expected to remain the world’s largest hydropower market through 2030, fueled by significant domestic investment and the expansion of Chinese firms into developing…

Finer home searches rejuvenate property portfolio

BEIJING — Stepping into a model apartment, a homebuyer surnamed Liu was immediately struck by the bright, open layout. Right at the entrance, a small garden seamlessly flowed into the dining area and kitchen, creating a single airy space bathed in natural light. The park-inspired residential project in Chengdu, in Southwest China’s Sichuan province, features…

Major beverage players enjoying high tea time

Employees prepare tea for customers at a store in Huangshan, Anhui province, on July 15. CAO LI/XINHUA With consumers’ pursuit of wellness, variety and refinement, China’s tea beverage brands are exhibiting inspiring trends. According to Coffee and Tea Observation, a market information platform on WeChat, in July, the top 10 tea beverage brands launched 43 products…

Success for local plant species in restoring biodiversity

A researcher inspects alfalfa at the breeding acceleration room of a company studying the ecological environment in Hohhot in December 2024. BEI HE/XINHUA More than a decade ago, the Chilechuan Grassland on the outskirts of Hohhot, capital of North China’s Inner Mongolia autonomous region, was a scene of ecological decline. Overgrazing and quarrying had stripped away…

Key role for green hydrogen foreseen

Workers inspect hydrogen storage equipment at a bus parking lot in Ordos, Inner Mongolia autonomous region, in October 2021. WANG ZHENG/FOR CHINA DAILY China has emerged as a global leader in renewable energy-based hydrogen production, boasting over 50 percent of the world’s installed capacity, driven by ambitious government policies and technological advancements, officials and experts…

China’s summer box office surpasses 10 billion yuan, led by domestic films

The audience walk past film posters at a cinema in Nanjing, East China’s Jiangsu province, Aug 17, 2025. [Photo/Xinhua] BEIJING — China’s summer box office revenue has surpassed 10 billion yuan (about $1.4 billion) as of Monday, with homegrown titles dominating the season’s top earners. According to ticketing platforms Maoyan and Beacon, domestic films currently…

Global buyers flock to South China’s Dongguan for creative manufacturing

Bag charms as part of the merchandise of Chinese animation movie “Nobody” are pictured at a toy factory in Dongguan, South China’s Guangdong province, Aug 11, 2025. [Photo/Xinhua] GUANGZHOU – Under the scorching sun of summer, a group of international buyers from over 20 countries, including Denmark, Germany, the United States, Japan and Australia, recently…