China Industries
Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China’s Guizhou province. [Photo/Xinhua] China achieved a major milestone in renewable energy development with installations of wind and solar power generating units surpassing 1.2 billion kilowatts, six years ahead of schedule, said the National Energy Administration on Thursday. As…
Sinopec employees check CCUS equipment operations in Dongying, Shandong province. [Photo/Xinhua] China’s three State-owned oil giants have been accelerating efforts in new energy sectors, including solar, hydrogen and wind power, to diversify revenue sources and adapt to a fast-changing global energy landscape. This is part of the oil giants’ efforts to expand their renewable portfolios…
A shopper tries on a gold bracelet at a jewelry store in Chongqing. SUN KAIFANG/FOR CHINA DAILY Despite the impact of high gold prices, seasonal factors have buoyed a quarter-on-quarter resurgence in gold jewelry demand within the Chinese market from July to September, the World Gold Council said on Wednesday. The council anticipates a possible…
A prospective homebuyer looks at a property model during an expo in Shenzhen, Guangdong province. [CHINA DAILY] The total transaction volume of China’s new and second-hand homes recorded its first increase in October after an eight-month decline, the Ministry of Housing and Urban-Rural Development said on Friday. The nationwide sales volume of new homes rose…
An engineer conducts a bike-frame test at the Xidesheng Bicycle Co in Shenzhen, Guangdong province. [Photo/Xinhua] BEIJING — Exemplified by sports manufacturing and tourism, China’s sports industry has experienced rapid growth over the past decade. In July, top-tier international cycling team Astana Qazaqstan announced that it had reached a five-year investment agreement with Shenzhen Xidesheng…
An aerial drone photo taken on Nov 9, 2023 shows a newly-built residential complex in Feixi county of Hefei city, East China’s Anhui province. [Photo/Xinhua] China will implement a normalized adjustment mechanism to narrow the gap between the interest rates of existing mortgages and newly-issued mortgages starting Friday, as part of the country’s ramped-up efforts…
A contestant checks coffee beans during a coffee processing contest in Kunming, Yunnan province, on Oct 15. [LIU RANYANG/CHINA NEWS SERVICE] Major players in China’s growing coffee market are pivoting their strategies in order to stay competitive. Shifting away from price-focused tactics to a quality-driven approach, brands like Cotti Coffee, Luckin Coffee, Tims China and…
An automatic sprinkler is in operation in an agricultural demonstration area in Jinan, Shandong province. Li Menghan / China Daily In southwestern Shandong province, Juye county is bolstering smart agriculture in a bid to make local field management more scientific and technological. In recent years, Juye has sped up building high standard farmlands, and promoted…
Cargo is offloaded from containers at a logistics facility in Rongcheng, Shandong province, in September. [LI XINJUN/FOR CHINA DAILY] BEIJING – China’s logistics sector maintained steady growth in the first three quarters of the year, according to the China Federation of Logistics and Purchasing on Tuesday. During the period, social logistics rose 5.6 percent year-on-year…
This photo taken on Nov 26, 2023 shows the venue of the China International Supply Chain Expo (CISCE) in Beijing. [Photo/Xinhua] China’s proactive support for global supply chain cooperation will enable both domestic and foreign companies to capitalize on new business opportunities and boost their confidence in investing in its market, the country’s top foreign…