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China Industries

China Industries

Key projects get treasury bond support

A drone image captures the newly opened Changsheng Road in Changzhou, Jiangsu province. The project was completed by China Railway Construction Corp’s 24th bureau. CHINA DAILY BEIJING — China’s National Development and Reform Commission has released the second batch of major project lists for 2026 under the country’s initiative for implementing major national strategies and…

Kazakh SWF issues C. Asia’s 1st panda bond

Kazakhstan’s sovereign wealth fund (SWF) issued the first renminbi-denominated panda bond by a Central Asian entity in China’s onshore market earlier this month, which experts said marks a crucial step in the region’s integration into the global capital market. The transaction saw the Samruk-Kazyna National Welfare Fund — Kazakhstan’s largest state-owned asset management institution —…

Banks accelerating global expansion

Visitors check the booth of Shanghai Pudong Development Bank at the eighth China International Import Expo in Shanghai on Nov 7. CHINA DAILY As Chinese banks accelerate their global push in support of the country’s high-level opening-up, international expansion is rapidly emerging as a new battleground. More lenders are turning to overseas growth to offset…

Solid foundation laid for RMB internationalization

The Cross-border Interbank Payment System is showcased at the 2025 China International Finance Exhibition in Shanghai on June 19. CHINA DAILY The internationalization of the renminbi is gathering pace as shifting global dynamics reshape currency preferences. With confidence in the US dollar weakening and demand rising for alternative safe-haven assets, the RMB is emerging as…

Major Chinese-Turkmen gas field project enters new phase

Ground has officially been broken on the fourth phase of the Galkynysh Gas Field project in Turkmenistan, marking a new milestone in energy cooperation between China and Turkmenistan, according to operator China National Petroleum Corp (CNPC) on Monday. Since the signing of the general agreement on natural gas cooperation, CNPC and its Turkmen partners have…

First phase of Canton Fair draws 167,000 buyers from 216 countries

The first phase of the 139th Canton Fair concludes on Sunday, attracting 167,000 buyers from 216 countries and regions. [Photo provided to chinadaily.com.cn] The China Import and Export Fair, commonly known as the Canton Fair, continues to show its strong appeal as a global trade cooperation platform, as an increased number of international buyers were…

Hualong One nuclear power unit in GBA enters commercial operation

An aerial photo of the No 1 unit of the Taipingling nuclear power project in Guangdong province, on April 20, 2026. [Photo/Xinhua] The first Hualong One nuclear power unit in the Guangdong-Hong Kong-Macao Greater Bay Area officially entered commercial operation on Monday, marking a significant milestone in China’s independent development of third-generation nuclear technology and…

Foreign buyers hit record for first phase of China’s Canton Fair

International buyers look at a plant protection drone at the 139th edition of the China Import and Export Fair in Guangzhou, South China’s Guangdong province, April 15, 2026. [Photo/Xinhua] GUANGZHOU — The first phase of the 139th China Import and Export Fair, also known as the Canton Fair, closed on Sunday with a record number…

Top global brands dock at Sanya’s boat festival

As of 2025, China had 9,850 registered yachts, with Sanya alone accounting for 1,415 – earning its “City of a Thousand Yachts” title. [Photo provided to chinadaily.com.cn] The 6th China International Consumer Products Expo’s Sanya Boat Festival, spanning 166,800 square meters with 200 vessels on display, opened on Wednesday. More than 70 percent of the…

Innovation propels surge in nation’s low-altitude sector

A Changying-8 cargo unmanned aerial vehicle (UAV) lands after a test flight at an airport in Zhengzhou, Central China’s Henan province, March 31, 2026. [Photo/Xinhua] JINAN — At the factory of Aros Information Technology (Shandong) Co Ltd in Wulian county, East China’s Shandong province, drones designed for a wide range of applications, including water conservancy,…