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China Industries

China Industries

New electric-bike standards to upgrade sector

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[Photo/VCG] Chinese authorities proposed on Thursday stricter technical standards for electric bicycles, with the top designed speed of e-bikes capped at 25 kilometers per hour, to enhance safety and better regulate the country’s rapidly growing e-bike sector. The new standards, proposed by the Ministry of Industry and Information Technology and several other ministries, are part…

As milk vies with yogurt, dairy ferment gives consumers choices

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Consumers line up for payment at an outlet of Hongxing Qianjin Bread and Milk Company in Beijing in August. SONG JIARU/FOR CHINA DAILY At Hongxing Qianjin Bread and Milk Company in Beijing, a glass bottle is delicately removed from a sterilizer, placed beneath the metallic spout on the bar counter; and with a gentle pull of…

Sugar-free teas evolve into wellness waters, spawning big market

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Keyang wellness beverages are displayed during an expo in Shanghai in August 2023. Provided to China Daily Sun Xu, 29, who works for an internet-based company in Beijing, is acutely aware of the pitfalls of regularly consuming not-so-healthy takeout food, but her hectic schedule, stiff deadlines and ever-increasing job responsibilities leave her with limited alternatives. But…

New measures to fill the gap in VC market

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[Photo/VCG] China will unveil a series of new measures aimed at promoting the development of the country’s venture capital industry, recognizing its vital role in driving technological innovation, industrial upgrading and high-quality economic growth, the State Council, the country’s Cabinet, said on Wednesday. A reform package will be rolled out aimed at addressing the pain…

China’s express delivery volume up significantly in Mid-Autumn Festival holiday

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BEIJING – China’s express delivery volume surged in the just-finished Mid-Autumn Festival holiday due partly to the increasing demand for mooncakes, seafood and fruits. The State Post Bureau (SPB) said that during the three-day holiday ending Tuesday, nearly 1.41 billion parcels were delivered by some 4 million couriers across the country, up 45.7 percent from…

China sees 5.26m cross-border trips during Mid-Autumn Festival holiday

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Tourists watch a dragon dance performance at Lee Tung street, Hong Kong, Sept 17, 2024. [Photo/Xinhua] BEIJING – China saw a total of nearly 5.26 million cross-border trips during the three-day Mid-Autumn Festival holiday, according to official data. The average daily number of cross-border trips exceeded 1.75 million, marking an 18.6 percent year-on-year increase, the…

China’s Mid-Autumn box office sees modest growth

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A moviegoer walks past posters for films that are screening at a movie theater in Shanghai on Sept 17, 2024. [Photo/VCG] BEIJING – China’s box office revenue for the Mid-Autumn Festival holiday, which lasted three days until Tuesday, reached 389 million yuan ($54.89 million), according to data released by the China Film Administration on Wednesday.…

Outlook of China’s cruise market ‘extremely bright’

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Adora Magic City departs from Shanghai’s Wusongkou port for its first commercial cruise tour on Jan 1. JI HAIXIN/FOR CHINA DAILY Breaking the convention that it normally takes a new cruise ship one year and a half to make profit, China’s first domestically built cruise ship, the Adora Magic City, has become profitable in its second…

Институтът Роберт Кох предвижда нова вълна на заразата от COVID-19

Breakthroughs will help bolster tech self-reliance

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China’s latest technological breakthroughs in homegrown deep ultraviolet (DUV) lithography machines mark a significant milestone in the country’s semiconductor manufacturing equipment sector, and will help reduce its reliance on chipmaking technology from foreign counterparts, enhancing the competitiveness of the domestic semiconductor industry, experts said. Their comments came after the Ministry of Industry and Information Technology…

Global businesses eye more opportunities as China embraces service trade surge

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People visit the booth of the Peruvian embassy to China at the China International Fair for Trade Services, which opened in Beijing on Sept 12, 2024. The fair will run through Monday. WANG JING/CHINA DAILY BEIJING – At the 2024 China International Fair for Trade in Services (CIFTIS), dazzling products from the global service sector…