China Industries
Experts and industry insiders gather at the 2024 Taiyuan Energy Low Carbon Development Forum in Shanxi province on Tuesday. ZHU XINGXIN/CHINA DAILY TAIYUAN — At a recently concluded forum on low-carbon development in North China’s Shanxi province, many foreign companies have expressed optimism about China’s green energy transition, noting that they are actively seeking collaborative…
A foreign visitor gives a thumbs-up to performers during the 2024 China International Fair for Trade in Services in Beijing on Thursday. [WANG JING/CHINA DAILY] China will ramp up efforts to boost its tourism sector, launch more distinctive tourism products and provide tourists with better services, officials said on Thursday. Yin Yong, mayor of Beijing,…
Experts and industry insiders gather at the 2024 Taiyuan Energy Low Carbon Development Forum in Shanxi province on Tuesday. ZHU XINGXIN/CHINA DAILY Shanxi, one of China’s coal-rich provinces, should step up promoting clean and efficient coal use while expanding renewable energy capacity to ensure long-term stability and development, industry insiders have said. As the country pushes…
An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low(zero) carbon-dioxide emission industrial park in Sheyang, Yancheng, East China’s Jiangsu province. [Photo/Xinhua] Yancheng city in Jiangsu province, which has resource advantage of enriched green energy, will further promote and deepen exchanges and cooperation with multinational corporations to strengthen…
Aerial view of a nuclear power station under construction in Ningde, Fujian province, in July. [Photo/Xinhua] China has achieved significant strides in nuclear power development in recent years, rapidly expanding the industry and establishing a comprehensive nuclear power supply chain, positioning itself as a global leader in the sector. Over the past decade, China has…
An outlet of hotpot chain Xiapuxiapu in Shanghai in August. [Photo/China Daily] Digitalization is key to improving efficiency and reducing costs for China’s catering industry, as well as driving its high-quality development, amid a period of rising revenue but declining profits, said business leaders and experts at a conference held recently in Shanghai. According to…
BEIJING — China’s services outsourcing industry has witnessed continuous rapid growth in recent years, becoming an important engine driving the country’s services exports, official data showed on Tuesday. From 2013 to 2023, the total annual value of offshore services outsourcing contracts inked by Chinese firms rose from $62.3 billion to $215.4 billion, growing at an…
An employee promotes products via livestreaming during a trade fair in Shanghai in May. [Photo/Xinhua] Shanghai is ramping up efforts to further develop its livestreaming economy and expand retail sales in the sector to 600 billion yuan ($84.3 billion) by 2026, according to a three-year action plan unveiled by the government last week. The city…
Consumers enjoy coffee at a Luckin Coffee store in Xuzhou, Jiangsu province, in August. [Photo provided to China Daily] Luckin Coffee, a leading player in China’s coffee market, has long considered Starbucks its primary competitor. With over 20,000 stores nationwide as of July this year, Luckin has surpassed Starbucks as the largest on-premise coffee chain in…
An aerial view of a CNOOC drilling platform in Bohai Bay. [Photo/Xinhua] China’s efforts to bolster energy security took a significant leap forward as its two largest oilfields achieved historic production milestones, underscoring the nation’s commitment to enhancing domestic energy supplies amid global uncertainties. China National Offshore Oil Corp (CNOOC) said last Tuesday that Bohai…