China Industries
An employee sorts gold jewelry at a shop in Renhuai, Guizhou province. CHEN YONG/FOR CHINA DAILY Global spot gold prices soared to new heights on Monday, reaching $2,740 per ounce, following multiple records since the year began. Experts predicted possible fresh highs backed by US Federal Reserve interest rate cuts, geopolitical uncertainties and purchases from…
A wide range of high-tech and high value-added products displayed at the first phase of the 136th China Import and Export Fair, also known as the Canton Fair, proved increasingly popular among overseas buyers, the event’s organizers said on Monday. The event’s first phase, which focused on China’s advanced manufacturing, concluded on Saturday in Guangzhou,…
A Chinese resident interacts with one of the hosts during the Saudi Tourism Festival held in Beijing on Oct 17, 2024. [Photo provided to chinadaily.com.cn] Driven by the tangible progress of the Belt and Road Initiative and strengthened political and economic relations, Saudi Arabia aims to attract up to 5 million Chinese tourists by 2030,…
Automotive chips are on display on a transparent vehicle-shaped platform at the 2024 World Intelligent Connected Vehicles Conference in Beijing on Thursday. The conference was held from Thursday to Saturday. HAN JIWEI/FOR CHINA DAILY China is vrooming to shape the future of intelligent connected vehicles, with creation of a new industry road map underway, and…
At Pengshui Miao and Tujia autonomous county in Chongqing municipality, 72-year-old Yang Guanghua keeps his kitchen waste such as fruit peels and discarded vegetable leaves and turns them into a green treasure. Yang’s village — Yangjiaxincun village in Lijia community under Sangzhe township — is home to 117 households and is a centuries-old Miao ethnic…
A pedestrian walks past a real estate agency in Shanghai. [CHINA DAILY] The rapid recovery of pre-owned home transactions in the largest Chinese cities is widely attributable to a series of local optimization measures implemented at the end of September, which are expected to boost market confidence and stabilize property sector development nationwide, said industry…
Wind turbines seen at Weifang Port, Shandong province. CHINA DAILY Weifang Port, which is part of Shandong Port Group subsidiary Bohaiwan Port, said it had become China’s first zero-carbon emission port, marking a milestone in the country’s push toward sustainability and green development. China Classification Society Certification Co Ltd, affiliated with the Ministry of Transport, awarded…
Li Jiaqi promotes products during a livestream session. [Gao Erqiang/China Daily] Top-tier livestreaming sales host Li Jiaqi notched sales champion for the presale session of China’s “Double Eleven” online shopping frenzy, which falls on Nov 11. The value of consumer purchases made through his livestreaming sessions jumped by over 20 percent year-on-year, indicating an increasing…
A 220-kilovolt power transmission line project commenced operation recently in Northwest China’s Xinjiang Uygur autonomous region to aid electricity demand for one of the region’s eight major industrial programs. Through the newly built transmission line, power will be sent to a local 550,000-ton electrolytic aluminum program, which will generate an annual power consumption of around…
A saleswoman (left) shows a model of a newly developed residential area to a potential homebuyer in Urumqi, the capital city of Xinjiang Uygur autonomous region. [Photo by ZHANG XIUKE/FOR China Daily] China needs considerable central government funding and more innovative solutions to support property destocking and stabilize the ailing real estate market, such as…