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China Industries

China Industries

Red tourism destinations seeing more footfalls this summer

A view of red tourism destination Jinggangshan in Jiangxi province. CHINA DAILY A growing trend of red tourism has emerged among young tourists or those traveling with their children this summer, as cool weather and high-quality resources at such destinations attract more visitors. More young Chinese are traveling to pay respects to the founding fathers of…

Healthcare tourism unleashes solid momentum for silver economy

Senior citizens play wooden brain-training toys at an elderly care service center in Yunhe county of Lishui, East China’s Zhejiang province, Nov 10, 2023. [Photo/Xinhua] HARBIN — China’s silver economy is shifting from basic support to quality consumption that emphasizes personal experience and attentive service, a move creating fresh opportunities for healthcare tourism, said Han…

China likely to continue buying gold

Gold bracelets are on display at Shuibei market in Shenzhen, South China’s Guangdong province on Dec 8, 2024. [Photo/VCG] China may continue increasing its official gold reserves to enhance financial security, as part of a broader trend among central banks worldwide to diversify their international reserve holdings — a development that could prop up investment…

Shanghai composite hits year-to-date high

China’s benchmark Shanghai Composite Index rose 0.16 percent, closing at 3,639.67 points on Thursday, marking the fourth consecutive session of gains and the highest level so far this year. The rise was driven by gains in sectors including energy equipment, aerospace, and healthcare, while the Shenzhen Component Index fell 0.18 percent to close at 11,157.94…

China’s foreign trade rises 3.5% in first seven months of 2025

China’s foreign trade grew by 3.5 percent year-on-year to 25.7 trillion yuan ($3.58 trillion) in the first seven months of 2025, according to data released by the General Administration of Customs on Thursday. Exports rose by 7.3 percent year-on-year to 15.31 trillion yuan between January and July, while imports declined by 1.6 percent during the…

Rail logistics spurs China-Nepal trade

Bridges over the Lhasa River are pictured in Lhasa, Southwest China’s Xizang autonomous region, July 30, 2025. [Photo/Xinhua] A freight train carrying 18 40-foot containers loaded with 486 metric tons of goods arrived at Shigatse West Station in the Xizang autonomous region recently, marking another milestone in China-Nepal trade cooperation, said China Railway Qinghai-Xizang Group.…

Jiangsu ramps ups efforts to attract more MNCs

A drone image shows a section along the Haimen-Taicang Yangtze River conduit, a trans-river road being built by State builders such as China Railway 24th Bureau Group Corp to link Nantong’s Haimen with Suzhou’s Taicang in Jiangsu province. CHINA DAILY NANJING — For Franz Decker, a senior executive at BMW Group, China’s rapid advances in artificial…

Pet cooling heats up on rising demand

A pet owner interacts with her dog at a pet store in Changsha, Hunan province, on July 20. YANG HUAFENG/CHINA NEWS SERVICE With people willing to spend increasing amounts of money on their pets, China’s pet cooling market is seeing a surge in demand. Liu Yang, a dog owner in Beijing, has spent over 2,000 yuan…

Heatwaves in Europe boost AC industry

Workers assemble air conditioners at a Haier’s plant in Qingdao, Shandong province, in May 2021. ZHANG JINGANG/FOR CHINA DAILY China’s exports of air conditioners are seeing robust growth as unprecedented heatwaves sweep across Europe this summer, leading to surging demand for cooling appliances in the continent and prompting domestic household appliance manufacturers to make their products…

Steel sector makes strides in profitability

Workers at HBIS Group Shisteel hoist products onto a lorry for transport in Shijiazhuang, Hebei province, on Jan 2. [Photo/Xinhua] China’s steel industry is stepping up efforts to establish a practical self-regulatory framework aimed at enhancing profitability and improving operational quality through a more regulated production mechanism. Zhao Min’ge, president of the China Iron and…