China Industries
Greater efforts are needed to bolster the transformation and upgrading of traditional industries, especially manufacturing, and develop strategic emerging sectors to build up new growth drivers amid rising trade protectionism, said entrepreneurs and experts at the 16th Annual Meeting of the New Champions, also known as the Summer Davos, in Tianjin. Li Dongsheng, founder and…
BEIJING — China National Offshore Oil Corporation (CNOOC) announced Wednesday the full operation of the second phase of its flagship gas field in the South China Sea, marking the completion of the country’s largest offshore natural gas development to date. The progress brings the gas field, named Shenhai Yihao or Deep Sea No. 1, to…
Multinational corporations remain adamant in scaling up investment in the Chinese market, shifting from manufacturing to a comprehensive model that integrates innovation and green growth, particularly in sectors like consumer goods and smart manufacturing, said business executives. Instead of merely shipping goods out of Chinese factories, global companies are now embedding full research, design and…
Visitors check out exhibits at Sanxingdui Museum in Deyang, Sichuan province, on Thursday. [Photo provided to China Daily] As graduation season and summer vacation get underway in June and July, students are embarking on trips to domestic and overseas destinations with their peers, boosting the vibrancy of the tourism market, industry players found. Theme parks,…
The 4th RCEP (Shandong) Import Expo is set to be held in Linyi, Shandong province, from June 27 to 29. [Photo/chinadaily.com.cn] The 4th RCEP (Shandong) Import Expo will be held in Linyi, Shandong province, from June 27 to 29. This year’s event focuses on high-quality imported goods and trade connections, with over 300 enterprises participating,…
Exports from the Beijing-Tianjin-Hebei region soared to a record high in the first five months of this year, driven by strong private sector performance and surging high-end equipment sales, according to Beijing Customs data. The region’s total export value reached 567.46 billion yuan ($80.3 billion) from January to May, marking a 2.7 percent year-on-year increase…
China’s valuable experience in sustainable economic development featuring green technological innovations can help other developing countries better balance economic growth and protect ecosystems, thereby contributing more to global environmental protection efforts, said experts and officials. They made the remarks at a recent seminar hosted by the China-WBG Global Center for Ecological Systems and Transitions, a…
As Middle East tensions intensify, Michael Ricafort, chief economist at Manila-based Rizal Commercial Banking Corp, told China Daily that investors are closely monitoring the possibility of Iranian retaliation — a move that could disrupt oil shipments through the Strait of Hormuz. He observed that oil prices have stayed stable despite the recent escalation, but are…
The China Health Promotion Foundation recently hosted an event aimed at enhancing public health awareness in Beijing, marking the launch of the China health knowledge communication incentive program – cholesterol health management communication plan (2025). [Photo provided to chinadaily.com.cn] The China Health Promotion Foundation recently hosted an event in Beijing aimed at enhancing public health…
Staff members recruit through livestreaming during a campaign in Jinhua, Zhejiang province, on June 7. HU XIAOFEI/FOR CHINA DAILY Shen Wenhan, a 30-year-old who has obtained a doctoral degree in wireless communication from Queen Mary University of London, will be formally employed with Chinese technology heavyweight Baidu Inc in July after finishing his internship as…