China Industries
Tourists seen in Dunhuang, Gansu province, on Monday. ZHANG XIAOLIANG/FOR CHINA DAILY As the five-day Labor Day holiday begins on Friday, local authorities across China are revving up efforts to ignite spending — issuing millions of yuan in consumption vouchers and organizing concerts and sporting events. The push comes as China’s consumption structure shifts from…
BEIJING — Major enterprises in China’s cultural sector and related industries reported steady revenue growth in the first quarter of 2026, official data showed Wednesday. The 82,000 surveyed enterprises posted combined operating revenue of 3.56 trillion yuan (about $518.4 billion) in the first three months, up 6.4 percent year-on-year, according to the National Bureau of…
BEIJING — China’s e-commerce sector has registered stable growth in the first quarter (Q1) of 2026, driven by supportive policies and promotional campaigns, the Ministry of Commerce said on Wednesday. China’s online retail sales of goods and services grew 8 percent year-on-year in Q1, with online retail sales of goods accounting for 24.8 percent of…
China’s first nuclear power plant featuring private capital participation, also the first “Hualong One” unit in the Yangtze River Delta region, was put into operation and started electricity generation on Wednesday, said its operator China General Nuclear Power Group. Marking a historic breakthrough for private investment in China’s major energy infrastructure, the Unit 1 of…
Customs officials check export-bound NEVs at a land port in Xizang autonomous region. KUNGA LESANG/CHINA NEWS SERVICE Exports of new energy vehicles, photovoltaic products, and lithium batteries from the Xizang autonomous region recorded an impressive surge in the first quarter of 2026, according to Lhasa Customs. Exports in this category reached 72.73 million yuan ($10.63…
With their combined retail sales of consumer goods exceeding 6.2 trillion yuan ($907.83 billion) in 2025 and revenue from departure tax refunds surging 86 percent year-on-year, China’s five international consumption center cities have become key drivers of domestic spending, Minister of Commerce Wang Wentao said on Thursday. “As major consumption hubs, the five international consumption…
The world’s first pure car and truck carrier (PCTC) with a capacity exceeding 10,000 parking spaces is delivered in Guangzhou, Guangdong province, on April 28. [Photo provided to chinadaily.com.cn] The world’s first pure car and truck carrier (PCTC) with a capacity exceeding 10,000 parking spaces was delivered in Guangzhou of Guangdong province, on Tuesday (April…
Visitors try on Lihua’s AI-powered products. [Photo provided to chinadaily.com.cn] China’s senior citizens are increasingly embracing AI-powered devices, with the nation’s rapidly aging population poised to become a key driver of AI consumption over the next decade. The demand outlook has been largely shaped by demographic trends. According to data from the National Bureau of…
A purchaser (R) views exhibits during the 139th edition of the China Import and Export Fair (Canton Fair) in Guangzhou, South China’s Guangdong province, April 23, 2026. [Photo/Xinhua] GUANGZHOU — The first two phases of the 139th China Import and Export Fair, also known as the Canton Fair, have attracted 245,000 overseas buyers from 219…
China’s installed solar power capacity is expected to surpass that of coal power for the first time in 2026, as the country’s transition toward green and low-carbon energy accelerates, according to an industry report released on Tuesday. The forecast was published by the China Electricity Council in its analysis report on the national power supply…