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China Industries

China Industries

Shanghai sees 20 billion yuan spending over Dragon Boat Festival

The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] During the three-day-long Dragon Boat Festival ending Monday, Shanghai reported nearly 20 billion yuan ($2.78 billion) in total online and offline spending thanks to diversified consumption activities and promotions, according to official sources. Total expenditure made on online platforms and in physical stores during…

Qingdao’s hybrid fishery-PV renewable energy project powers grid

The first phase of PowerChina’s large-scale offshore photovoltaic project in Qingdao’s Jimo district begins supplying renewable energy to the grid on Friday. [Photo provided to chinadaily.com.cn] PowerChina’s large-scale offshore photovoltaic project in Qingdao, Shandong province, reached a key milestone as its first phase began supplying renewable energy to the grid on Friday, powering homes through…

Around 500 companies to display global innovations in the silver economy

International Exhibition of Senior Care, Rehabilitation Medicine and Healthcare Shanghai 2024. [Photo provided to chinadaily.com.cn] The International Exhibition of Senior Care, Rehabilitation Medicine and Healthcare Shanghai 2025 (AID 2025) will take place at the Shanghai New International Expo Centre from June 11 to 13, showcasing global innovations in the silver economy. The expo boasts a…

Dragon boat races attract tourists

Villagers compete during a dragon boat race in Hangzhou, East China’s Zhejiang province, on May 31. LI ZHONG/FOR CHINA DAILY In the watery maze of Diejiao Village in Foshan, South China’s Guangdong province, dragon boat teams race through S-curves, L-bends and tight C-turns with breathtaking precision. Spectators gasp and cheer as the 25-meter-long boats rush…

Survey: Factory activity shrinks

China’s factory activity contracted in May for the first time in eight months, a private survey showed, pointing to pressures from the United States’ volatile tariff policy and shoring up the case for strong macro policy support to boost demand. The Caixin China General Manufacturing Purchasing Managers’ Index, an indicator of the operating conditions of…

China hits milestone in weight-loss drug

A China-led research team recently published results of a phase III clinical trial on a novel obesity treatment in the prestigious New England Journal of Medicine (NEJM), marking a significant milestone in the country’s growing global influence in endocrinology and metabolic innovation. “The study validated the efficacy and safety of the world’s first GCG/GLP-1 dual…

Tourism uptrend in GBA attracting more hoteliers

Tourists enjoy night views at Canton Tower in Guangzhou, Guangdong province, on May 4. MIAO QIANG/FOR CHINA DAILY Taking a micro-vacation on weekends has become trendy among Chinese consumers in the Guangdong-Hong Kong-Macao Greater Bay Area, and the robust demand has not only driven high-frequency short-distance consumption in the region, but has also attracted investments…

China to approve rare earth export applications that meet the requirements

The Chinese government will review the applications for rare earth export and approve applications that meet the requirements to facilitate compliant trade, the Ministry of Commerce said on Thursday. Some foreign enterprises stated that China’s granting process of rare earth export licenses is slow, and their companies may face production suspension. The ministry made the…

China has significantly cut power outages, energy authority says

Technicians install solar panels at a saltern in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY China has fundamentally improved the business environment and supply reliability of electricity, and significantly reduced power outages in urban and rural areas during the past few years, a senior energy official said. After years of combined effort, China has made…

Innovation in focus at carbon neutrality expo

An inspection robot arouses the interest of visitors at the Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements, which began on Thursday. GAO ERQIANG/CHINA DAILY Breakthroughs by private enterprises and facilitating the outbound reach of Chinese companies are the highlights at this year’s Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements,…