China Industries
The second phase of the 139th Canton Fair covers household items, gifts and decorations, and building materials and furniture. It is ongoing in Guangzhou, the capital of Guangdong province. [Photo by Qiu Quanlin/chinadaily.com.cn] Innovations in product design and technologies have helped Chinese export-oriented companies to better reach business orders with international buyers during the 139th…
Trading in yuan-denominated nickel futures and options officially opened to overseas investors on Tuesday, marking another major step forward in the internationalization of China’s derivatives market, said experts and industry leaders. This will facilitate the development of China’s strategic emerging industries and help to optimize the global pricing system, they added. As Shanghai Futures Exchange’s…
Gansu’s private sector economy is undergoing a profound shift from scale expansion to higher quality and efficiency, as the province places “new quality productive forces” at the core of its development strategy. Guo Qizhi, chairman of the Gansu Federation of Industry and Commerce, said the most notable change during the 14th Five-Year Plan period (2021-25)…
Workers assemble energy storage module blocks at a workshop in Zhangye, Gansu province, on March 3. WANG JIANG/FOR CHINA DAILY China has cemented its status as the undisputed heavyweight champion of the global energy storage sector, successfully transforming itself from an industry follower into the global pacemaker, said industry experts and government officials. By the…
Electricians work on the China-Laos 500-kilovolt power interconnection project in February. [Photo provided to chinadaily.com.cn] Marking the first time that overseas new-energy electricity has participated in the nation’s power market, the China-Laos 500-kilovolt power interconnection project officially commenced operations on Monday, signifying a major leap in regional energy integration. The milestone was marked by the…
New Explorer, a methanol dual-fuel intelligent very large crude carrier (VLCC) developed by Dalian Shipbuilding Industry Co, is seen under construction in Dalian, Liaoning province. The delivery of the vessel on Dec 22 marked a milestone of green shipbuilding with greatly reduced emissions of carbon dioxide, sulfur oxides and particulate matter. CHINA DAILY Rising geopolitical…
A drone helps deliver a package in Shenzhen, Guangdong province. CHINA DAILY China will intensify efforts to upgrade its fast-growing services sector, aiming to foster an open, competitive and high-quality ecosystem that benefits both Chinese consumers and global providers, experts and executives said. To achieve this vision, the State Council — China’s Cabinet — unveiled…
In an exclusive interview with China Perspective, Sean Stein, president of the US-China Business Council, firmly pushed back against the narrative that American companies are leaving China. “It’s not the ‘China market’ anymore,” he said. “It’s the ‘China platform.'” Stein explained that this platform encompasses everything from the consumer market and B2B opportunities to partnerships…
China’s nuclear power industry has entered a “fast track” of high-quality development, with its total scale of units in operation, under construction, and approved for development continuing to rank first in the world, the Chinese Nuclear Society announced on Wednesday. By the end of 2025, China reached a total of 112 nuclear power units —…
Customers select items at a secondhand luxury goods shop in Wuhan, Hubei province, in January. MIAO JIAN/YI TIAN/FOR CHINA DAILY Sarah Johnson, a schoolteacher from Los Angeles, the United States, thought the $1,290 retail price of a Louis Vuitton bag was too much for her on a teacher’s salary. In September 2024, she found a…