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China Industries

China Industries

Market diversity trusty elixir to tariffs

A truck loads containers at Tangshan Port, North China’s Hebei province. [Photo/Xinhua] Facing headwinds from trade protectionism and a slowing global economy, Chinese manufacturers are driving industrial upgrades to sharpen their edges, with tech-intensive green products gaining increasing traction in emerging markets. Exporters noted that rapid urbanization and industrialization were boosting the demand for advanced…

China’s digital industry reports revenue, profit growth in 2024

This photo shows a monitoring robot at Tianjin SIASUN Intelligent Technology Co Ltd in the Beijing-Tianjin Zhongguancun Tech Town, in Tianjin, North China, on Feb 20, 2025. [Photo/Xinhua] BEIJING – China’s digital industry operated steadily in 2024, with increases in both revenue and profits, data from the Ministry of Industry and Information Technology (MIIT) showed…

Green electricity trading sees sparkling growth

A technician conducts maintenance work on a high-voltage power line in Nantong, Jiangsu province, on Feb 27. [SHI JUN/FOR CHINA DAILY] More than 50 percent of China’s new energy power generation was consumed through market-based transactions last year, a milestone that underscores the significant progress of China’s electricity market reforms over the past decade, according…

New engines set to drive innovation

People watch the demonstration of a humanoid robot and a robotic dog at the booth of Honor at the 2025 Mobile World Congress in Barcelona, Spain, March 3, 2025. [Photo/Xinhua] China’s latest commitment to advancing cutting-edge technologies — including quantum computing, artificial intelligence and 6G — will solidify its position as a global leader in innovation,…

China surges 14.5% power generation yearly

China’s total installed power generation capacity surged 14.5 percent year-on-year in the first two months of 2024, driven by significant increases in solar and wind power, shown by data from the National Energy Administration (NEA) showed on Thursday. By the end of February, China’s total installed power generation capacity reached 3.4 billion kilowatts, the NEA…

Banking institutions in action to lift consumption

Visitors gather at the Ping An Bank booth during a trade fair in Guangzhou, Guangdong province. CHINA DAILY The nation’s banking institutions have a chance to respond to the policy directives aimed at boosting China’s consumer spending with loans and other retail credit solutions that can provide consumers with greater flexibility as the country recalibrates…

Turbine makers cutting bigger market slices

An image shows the installation of a wind turbine blade at a wind farm in Xingtai, Hebei province, on March 12. WANG LEI/FOR CHINA DAILY China’s rapid growth propelled global wind turbine installations to a record high for the second straight year in 2024, according to a recently released report. Domestic turbine manufacturers dominated the global…

China’s role pivotal in global machine tool industry

Markus Heering As US tariffs introduce growing complexities for manufacturers navigating global markets, China’s steadfast and pivotal role in the machine tool industry is poised to fuel further growth, said a leading German industry expert. “If protectionism is coming back, it will be a challenge, especially for European manufacturers,” said Markus Heering, executive director of…

Shanghai’s wholly foreign-owned hospital granted permission

The DeltaHealth Hospital Shanghai. [Photo/DeltaHealth Hospital Shanghai’s website] DeltaHealth Hospital Shanghai was granted permission by the Shanghai Municipal Health Commission on Friday as a wholly foreign-owned hospital, making it the country’s first hospital specializing in cardiovascular diseases of this kind. The hospital, which started as a joint venture in 2016, focuses on heart health and…

Fair held to boost Thai and China friendship

Representatives from both Xiamen and Bangkok discussed cooperation plans to boost exchanges and bilateral trade between the two coastal cities Sunday in Bangkok. [Photo by Yang Wanli/for chinadaily.com.cn] To commemorate the 50th anniversary of the establishment of diplomatic relations between China and Thailand, the Xiamen Culture and Tourism Bureau launched business promotion fair in Bangkok…