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China Industries

China Industries

Fengxian mulls smart pivot in electric tricycles

A staff member of State Grid Xuzhou Power Supply Co (right) visits Keya Electromechanical Co Ltd in Fengxian county, Jiangsu province, on March 7, to help deal with power supply issues. YANG MENGJIE/FOR CHINA DAILY In Xuzhou, Jiangsu province, Fengxian county — the hometown of Liu Bang who founded the Western Han Dynasty (206 BC…

Calls for steady nuke power progress

A bird’s-eye view of a Hualong One nuclear unit in Zhangzhou, Fujian province. [Photo/Xinhua] Nuclear power should take on a bigger role in China’s push for carbon neutrality by expanding its use in energy-intensive industries and supporting large-scale clean energy development. Lu Tiezhong, chairman of China National Nuclear Power Co, called for the steady development…

Robust commitment seen to meet GDP target

An aerial view of the construction site of the Wuxi-Yixing Expressway expansion project, undertaken by State builder China Railway Construction Corp’s 24th bureau. CHINA DAILY The decision to maintain the 2025 GDP growth target at “around 5 percent”, as revealed in the Government Work Report released during the recently concluded two sessions, alongside an enlarged deficit-to-GDP…

Ultra-deep oil, gas production hit milestone in Tarim oilfield

Employees work on a drilling platform in Tarim oilfield, Xinjiang Uygur autonomous region, in February. HU HUHU/XINHUA China’s largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted 150 million metric tons of oil and gas equivalent from formations deeper than 6,000 meters so far, as China’s oil giants accelerate ultra-deep exploration and technological…

US’ planned port docking fees on China set to backfire

The United States’ plan to impose port docking fees on Chinese ships will backfire on its own economy and lead to a redistribution of shipping capacity between the two countries, said shipping analysts and a risk assessment report on Thursday. The Office of the US Trade Representative proposed in late February a measure to charge…

Quality homes — new vision for China’s property sector amid market adjustment

Potential homebuyers look at a property model in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE BEIJING – For a long period of time, owning a home has been a common aspiration among Chinese citizens who rushed to towns and cities during the country’s urbanization drive. However, this aspiration is increasingly evolving as people are now…

Global institutions upbeat about China’s sci-tech capital market

Figurines with computers and smartphones are seen in front of the words “Artificial Intelligence AI” in this illustration taken, Feb 19, 2024. [Photo/Agencies] BEIJING – China’s rapid advancements in the artificial intelligence (AI) sector, exemplified by DeepSeek, a cost-competitive newcomer among global AI models, have captured global attention and driven capital inflows into the country’s…

Tarim oilfield hits 150m tons in ultra-deep production

Workers patrol at a station of the Tarim Oilfield in Northwest China’s Xinjiang Uygur autonomous region, Feb 6, 2023. [Photo/Xinhua] China’s largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted a total of 150 million metric tons of oil and gas equivalent from formations deeper than 6,000 meters, its operator China National…

Cross-sea bridge project takes wing

The Dalian Changhai cross-sea bridge project, with a total investment of 7.9 billion yuan ($1.1 billion), was inaugurated recently in Dalian, Liaoning province. It is scheduled to be completed and open to traffic by 2029. This project marks the first cross-sea bridge in Northeast China to be constructed using a new mechanism of cooperation between…

China expands presence in humanoid robotics amid industry boom

Two humanoid robots walk forward at the exhibition hall of Unitree Robotics in Hangzhou, East China’s Zhejiang province, Feb 20, 2025. [Photo/Xinhua] HANGZHOU – The world of robotics may have just found a new martial arts master. In a viral video released by Unitree Robotics, the Unitree G1 humanoid robot executes a fluid series of…