China Industries
Xiang Hui [Photo provided to China Daily] Among the dense forests rich in natural resources in the Changbai Mountain of Jilin province, ginseng, mineral water and Songhua inkstone have attracted people’s attention with their unique value in recent years, earning them the name of “three new treasures” that are iconic to the region. “They are…
A farmer harvests blueberries at a plantation in Wenshan Zhuang and Miao autonomous prefecture, Yunnan province, in February. XIONG PINGXIANG/XINHUA The total blueberry output in China — the world’s largest blueberry producer — reached about 780,000 metric tons in 2024, a 197 percent increase from 2020, driven by improved planting technology and rising market demand from…
Employees pack matcha at Guizhou Tongren Gui Tea Co Ltd. LI HE/CHINA NEWS SERVICE Altogether 36 metric tons of matcha powder from Jiangkou county in Guizhou province, Southwest China, set off for North America recently as the first overseas order of the year. Sterilized green tea is ground into fine powder by a series of ball…
Huang Wei, a deputy to China’s National People’s Congress and mayor of Zunyi, Guizhou province, stated that enterprises should be encouraged to develop baijiu (Chinese spirits) suited to the tastes of international consumers during a group interview on Wednesday. Huang noted that amid challenging market conditions in the baijiu industry, companies should research consumption patterns…
Yang Yi, a member of the 14th National Committee of the Chinese People’s Political Consultative Conference, attends a group interview ahead of the second plenary meeting of the third session of the 14th CPPCC National Committee at the Great Hall of the People in Beijing, March 7, 2025. [Photo by Wang Jing/chinadaily.com.cn] The “low-altitude economy”,…
An employee works on a solar panel production line in Huaibei, Anhui province. LI XIN/FOR CHINA DAILY Clean-energy technologies made up more than 10 percent of China’s economy last year for the first time ever, with sales and investments worth 13.6 trillion yuan ($1.9 trillion), according to a think tank. These sectors grew three times as…
China will establish a national venture capital guidance fund to bolster the development of innovative enterprises, the country’s top economic regulator said on Thursday, as the country looks to foster new quality productive forces and pursue innovation-driven growth. “In the near future, we will establish a national venture capital guidance fund, with the goal of…
China will focus on policy reinforcement and expanding trade in services to stabilize foreign trade in 2025, said the country’s top commerce official on Thursday. Speaking at an economy-themed news conference in Beijing during the ongoing two sessions, Commerce Minister Wang Wentao emphasized government’s commitment to tackling challenges while fostering high-quality trade development. New supportive…
AI MENG/CHINA DAILY There have been lots of discussions lately about some major adjustments in China’s macroeconomy. Speaking of root causes, in general, there are five groups who hold views as outlined below. The first group believes that due to the ongoing Sino-US tensions, a deterioration in the external environment has led to China’s macroeconomic…
MA XUEJING/CHINA DAILY China’s policymakers will enhance countercyclical adjustments and take more steps to boost consumption, as the broader economy still faces pressing challenges from lackluster domestic demand and uncertainties from the external environment, economists said. Their comments have come at a time when the market is eagerly awaiting proactive moves to revive the economy…