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China Industries

China Industries

Special bonds earmarked for data infrastructure

China will step up the input of central fiscal funds to support the construction of data infrastructure and make full use of ultra-long-term special treasury bonds to accelerate the building of architecture related to national data infrastructure, said the National Data Administration, the country’s top data governance regulator. Experts said the country’s latest move to…

A-share companies post sound 2024 performance

Investors check share prices at a securities brokerage in Shanghai. [Photo/China News Service] BEIJING — Most companies listed on China’s A-share market delivered robust performance last year, underscoring the vitality and resilience of the world’s second-largest economy. As of Tuesday, 5,304 firms listed on the Shanghai and Shenzhen stock exchanges had released their financial reports…

New energy storage key to spur economy

A technician monitors energy storage equipment in Yibin, Sichuan province, in December. Zhuang Geer / for China Daily Leveraging its dominant position in electric vehicles, lithium batteries and solar panel manufacturing, China is now strategically positioned to tap into new-type energy storage as a key driver of economic expansion and energy security, said industry experts…

Over 4.8b parcels handled in China during May Day holiday

A courier packages flowers at Dounan Flower Market in Kunming, Southwest China’s Yunnan province, Jan 22, 2025. [Photo/Xinhua] BEIJING – China’s postal and express delivery sector handled more than 4.8 billion parcels during the just-concluded May Day holiday period, marking year-on-year growth of over 20 percent, according to data released by the State Post Bureau…

Popularity of nation’s maturing whisky industry uncorked

Laizhou Distillery (left) in Chengdu, Sichuan province, has emerged as a powerhouse in China’s burgeoning whisky industry. Today, it accounts for roughly 80 percent of China’s whisky production and oak barrel supply (right). [Photo/China Daily] In the eastern outskirts of Anshun, Guizhou province, where mist clings to the lush hillsides and the scent of damp…

Indonesian carrier launches China’s C909 jet on Shanghai route

A regular flight between Shanghai and Indonesia’s Manado was launched by Indonesia’s TransNusa Airlines on Wednesday, becoming the only direct flight connecting the two destinations. The Shanghai-Manado flight is scheduled to operate every Monday, Wednesday, Friday and Sunday. The new route marks a milestone for China’s regional aircraft C909, which will conduct the more than…

China’s media revenue climbs, driven by surge in micro-dramas, online content

An audience member watches an AIGC sci-fi short drama “The Sun that Fell” on his mobile phone in Shanghai, May 5, 2025. [Photo/VCG] BEIJING – China’s broadcasting and online audiovisual industry posted strong growth in 2024, fueled by a boom in micro-dramas and a steady rise in digital media consumption, according to an official report…

Huaihua expo signs deals worth nearly 12b yuan

The second Hunan (Huaihua) RCEP Economic and Trade Expo opens on Friday in Huaihua, Hunan province. [Photo by Zhu Youfang / chinadaily.com.cn] The second Hunan (Huaihua) RCEP Economic and Trade Expo opened Friday in Huaihua, Hunan province, with 28 projects totaling 11.88 billion yuan ($1.64 billion) signed. These projects span sectors including luggage and leather…

Toy makers hope buyers not tariff-ied

Toys are on display at a store in Brooklyn, New York, May 6, 2025. [Photo/VCG] The time has come to place orders for toys for the 2025 holiday season. Chinese toy makers are enhancing their offerings by producing higher-value and more innovative toys to remain competitive and expanding into international markets, especially amid ongoing trade…

Major integrated energy transmission project starts operations

China’s largest integrated energy base transmission project started operations on Thursday, said State Grid Corp of China, the nation’s largest power grid operator. The project is expected to play a key role in balancing energy needs between resource-rich western regions and major consumers in the country, while supporting the expansion of renewable energy nationwide, State…