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China Industries

China Industries

Collectible toy sector entering more dynamic growth phase

A blind box enthusiast stands beside Labubu figures at a Pop Mart store in Shenzhen, Guangdong province, on March 3. GE ZIWEN/FOR CHINA DAILY China’s collectible toymakers are entering a more competitive and more dynamic phase of growth, as companies race to scale intellectual property, expand globally and move beyond simple product design. As industry…

China’s installed power capacity hits 3.95b kW as solar and wind surge

China’s total installed power generation capacity reached approximately 3.95 billion kilowatts by the end of February, representing a 15.9 percent increase year-on-year, according to data released by the National Energy Administration on Wednesday. The growth highlights the continued shift toward renewable energy. Installed capacity of solar power rose to 1.23 billion kW, up 33.2 percent…

Lenders bank on smart tech for upgrade

China’s banking sector is accelerating its push into artificial intelligence, weaving the technology into key areas from customer acquisition and decisionmaking to operations and risk control, as it races to build smarter, more responsive service models. The effort is being reinforced at the policy level, with the country’s central bank calling for the active yet…

China-Russia dialogue focuses on deeper economic ties

Visitors check out imports from Russia during the eighth China International Import Expo in Shanghai in November. CHINA DAILY As the global economic landscape undergoes profound shifts, officials and scholars from China and Russia have called for the accelerated alignment of macroeconomic strategies and financial innovation to support a stable, multipolar world order. The call…

Nation eyes hydrogen push in key plan period

A hydrogen-powered drone is displayed during the China International Hydrogen Congress and Expo in Beijing on Wednesday. LI ZHONGDONG/FOR CHINA DAILY China is pursuing industrial-scale breakthroughs in the hydrogen sector, targeting regional self-sufficiency in renewable and clean low-carbon hydrogen to fuel its broader economic transformation as the nation embarks on its 15th Five-Year Plan (2026-30).…

Hainan shares nuclear pearls of wisdom

A bird’s-eye view of the base. [Photo provided to CHINA DAILY] On a bright winter morning, veteran pearl farmer He Hanyong gently pried open a silver-lipped oyster. Inside, nestled against the iridescent mother-of-pearl, lay something extraordinary — not just an organic gem, but a symbol of an unlikely marriage between ecology and industry. “Look,” he…

Zhuhai port processes 2 million daily e-commerce packages for export

The import and export value through the Zhuhai port of the Hong Kong-Zhuhai-Macao Bridge increased rapidly in the first two months of 2026. [Photo by Lin Changfeng/for chinadaily.com.cn] At the Zhuhai port inspection site of the Hong Kong-Zhuhai-Macao Bridge, trucks loaded with e-commerce packages from all over the country arrive each day to be inspected…

Hainan’s island-wide customs operations boost tropical fruit industry global expansion

The Tropical Fruit Industry Cooperation Alliance is launched on March 24 at the Window of World Tropical Fruits in Qionghai, Hainan province. [Photo provided to chinadaily.com.cn] The launch of island-wide special customs operations on Dec 18 in Hainan province has created opportunities for tropical agriculture, as an industry alliance seeks to leverage the province’s policy…

EVP at Mastercard: Shopping in China is so seamless

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard said shopping in China has become so seamless which he feels is going to be transformational for every foreigner coming into China. “It’s becoming very easy for a foreigner to come and shop”, he said. Talking about his must-buy items, he noted tea…

EVP at Mastercard: Shopping in China is so seamless

Pratik Khowala, executive vice-president and global head of transfer solutions at Mastercard said shopping in China has become so seamless which he feels is going to be transformational for every foreigner coming into China. “It’s becoming very easy for a foreigner to come and shop”, he said. Talking about his must-buy items, he noted tea…