China Industries
SHANGHAI — China’s medical equipment exports reached over 9,000 medical institutions in more than 190 countries and regions last year, according to the China International Conference on Medical Equipment Cooperation held in Shanghai. Over the past five years, China’s medical equipment import and export trade has seen a compound annual growth rate of 9.4 percent,…
Employees work on the assembly line of a textile machinery manufacturer in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China’s industrial sector has maintained a steady recovery momentum in the first half, with equipment manufacturing and high-tech manufacturing posting rapid growth despite challenges and external uncertainties, officials and experts said. Their comments came after data…
A property agent (center) introduces a residential project in Qingzhou, Shandong province. [WANG JILIN/FOR CHINA DAILY] China’s real estate sector has shown signs of halting its downward spiral and moving toward stabilization in the first half of the year, as the effect of various supportive policies kicked in, officials and analysts said. Sheng Laiyun, deputy…
Consumers browse air conditioners at a shopping mall in Shenyang, Liaoning province, in June. [Photo provided to China Daily] An unprecedented heatwave sweeping through Northeast China this summer is triggering a dramatic surge in demand for air conditioners, transforming a traditionally tepid market into a new hot spot for the cooling appliances sector. Typically insulated…
Visitors check out an intelligent air source system at the Knorr-Bremse booth in Beijing in July. [Photo provided to China Daily] China’s high-speed rail network has evolved into the world’s most advanced and extensive system, setting benchmarks in digitalization, safety, and efficiency, according to a senior industry executive. “We see very high potential to implement…
A cargo ship unloads imported crude oil in Qingdao, Shandong province, in March. YU FANGPING/FOR CHINA DAILY China’s long-term energy security strategy is robust enough to withstand even extreme scenarios, such as the potential shutdown of the vital Strait of Hormuz, said industry experts and company executives. Disruptions caused by geopolitical uncertainties are unlikely to fundamentally…
A view of the production workshop of Jinko Solar, a technology enterprise, in Tianjin in April. [Photo/Xinhua] Chinese solar and wind power companies are increasingly prioritizing the recycling of aging renewable energy equipment, according to a new report, as the world faces a growing challenge of managing decommissioned infrastructure. Global renewable energy transition has resulted…
A delegation of 50 teachers and students from Peking University International Summer School visit Beijing Gas Thermal Power Plant on July 3, exchanging ideas on China’s “dual-carbon” policy. [Photo provided to chinadaily.com.cn] While visiting a “smart” thermal power plant in Beijing, an American exclaimed that the country’s advanced equipment and innovative practices are closely connected…
Infineon Technologies AG sees abundant growth opportunities from China’s burgeoning development in new energy vehicles, humanoid robots and artificial intelligence, after the world’s top automotive chipmaker recorded a three-decade success story in the country, a senior executive said. Andreas Urschitz, a member of the management board and chief marketing officer of Infineon Technologies AG, said…
Consumers claim free drink exchange coupons for brands such as Mixue through the Meituan app, leading to a surge in orders at a store in Chengdu, Sichuan province, in July. CHINA DAILY Competition in China’s instant retail sector is heating up as major players are banking on the fast-growing food delivery modality to cater to…