China Industries
China has been aggressively expanding its pumped hydro storage capacity in recent years, positioning these power plants as crucial “stabilizers” for its evolving electricity grid as the nation embraces a greater share of intermittent renewable energy sources, a recent industry report reveals. China’s cumulative installed pumped hydro capacity exceeded 58 gigawatts (GW) by the end…
GCL Energy Technology (GCL ET) and Ant Digital Technologies jointly announced the establishment of Ant Smart Energy Technology Co Ltd on Thursday during the SNEC International Photovoltaic Power Generation Conference in Shanghai. The new company will build an “AI-driven next-generation new energy ecosystem” by integrating AntDT’s expertise in artificial intelligence (AI) and blockchain with GCL…
China has imposed a combined fine of 362 million yuan ($50.4 million) on four pharmaceutical companies and related individuals for price-fixing in a high-profile antitrust case, the country’s market regulator said on Friday. The State Administration for Market Regulation said it had asked its Tianjin bureau to investigate and penalize the case, which it called…
The world’s first Aframax oil tanker adopting wind sail propulsion is named at China State Shipbuilding Corp Shanghai Waigaoqiao Shipbuilding Co Ltd on June 11. [Photo provided to China Daily] The world’s first Aframax oil tanker adopting wind sail propulsion was named on Wednesday at China State Shipbuilding Corp (CSSC) Shanghai Waigaoqiao Shipbuilding Co Ltd,…
A drone image shows a phosphate mining site in Qiannan Bouyei and Miao autonomous prefecture, Guizhou province. WU DONGJUN/FOR CHINA DAILY Guizhou province, located in China’s southwestern highlands, is executing an economic transformation that defies the old resource-reliant development mode. Known for its vast mineral wealth, Guizhou, which was once heavily engaged in low-value mining…
An aerial drone photo taken on June 5, 2025 shows an integrated sand control and photovoltaic project at a state forestry area in the edge of Ulan Buh Desert in Linhe district of Bayannuur, North China’s Inner Mongolia autonomous region. [Photo/Xinhua] China’s rapid advancements in renewable energy technology and manufacturing are pivotal for global energy…
TIANJIN — The central processing platform for the phase I development of Kenli 10-2 oilfield has successfully completed float-over installation, breaking records for both size and weight of offshore oil and gas platform installations in the Bohai region, Tianjin-based Offshore Oil Engineering Co Ltd announced on Sunday. The central processing platform is a three-deck, eight-legged…
HAIKOU — The China marine economy development index, a key gauge of progress in the country’s ocean economy, climbed 2.3 percent year-on-year to 125.2 in 2024, signaling a robust expansion in the marine sector. The index was released by the Ministry of Natural Resources on Sunday to mark the World Oceans Day. Data shows that…
China’s annual production and consumption of hydrogen energy exceeded 36.5 million tons in 2024, ranking first worldwide. China is also home to over 50 percent of the world’s renewable energy hydrogen production projects, which injects a new impetus into China’s efforts to achieve its “dual carbon goals” and promote green development! Tanks to chinadaily.com.cn Please…
Students watch a tea specialist (right) make matcha tea at a tea industrial park in Jiangkou county of Guizhou province on May 14. FU TIAN/XINHUA GUIYANG — As the morning light of early summer broke over the misty hills of Jiangkou county in Southwest China’s Guizhou province, tea farmers began their day among rows of tea…