China Industries
A property project under construction in Hefei, Anhui province. CHEN SANHU/FOR CHINA DAILY China will adopt a multipronged strategy to stabilize the property market this year, with a focus on preventing debt default risks through whitelist financing mechanisms, promoting quality home construction and revitalizing old housing resources through urban renewal efforts, experts said. The strategy, detailed…
Customs officers from Tianshui Customs, under Lanzhou Customs, conduct on-site inspections of apples for export. [Photo provided to chinadaily.com.cn] Gansu province recorded a strong start to its foreign trade performance in 2026, with total imports and exports reaching 14.53 billion yuan ($2.1 billion) in the first two months, up 16.6 percent year-on-year, according to Lanzhou…
Engineers inspect a geothermal station at an innovation center in Xiong’an, Hebei province, in February 2025. PROVIDED TO CHINA DAILY China’s geothermal industry has maintained its position as world number one in terms of scale, driven by the rapid development of its use in heating applications, according to the China Geothermal Industry Development Report 2025. The recently…
China’s electricity consumption, a key barometer of economic activity, maintained steady growth in the first two months of 2026, with high-tech manufacturing and digital services emerging as the primary engines of demand. Data released by the National Energy Administration on Tuesday showed that the country’s total power usage reached 1,654.6 billion kilowatt-hours during the January-February…
The Greenland Global Commodity Trading Hub in the Shanghai Hongqiao International Central Business District. [Photo provided to chinadaily.com.cn] As the Hongqiao International Opening-up Hub celebrates its fifth anniversary, its core area, the Shanghai Hongqiao International Central Business District (CBD), has unveiled significant progress as a key global trade hub. Over the past five years, the…
BEIJING — China’s foreign exchange market remained generally stable in February despite heightened geopolitical tensions and increased volatility in international financial markets, the country’s forex regulator said on Monday. The Chinese foreign exchange market recorded transactions worth $2.6 trillion in February, while cross-border receipts and payments by non-banking sectors totaled $1.2 trillion, according to the…
A screen grab from a video uploaded by Norwegian YouTuber Frengen shows him trying out a mini excavator that he bought for less than $2,000 from Alibaba’s international marketplace. When the wooden crate finally arrived at the door of Norwegian YouTuber Frengen, he had anticipated something much closer to a toy than an actual tool.…
GENEVA — The 51st International Exhibition of Inventions Geneva concluded on Sunday in Switzerland, with the Chinese delegation impressing both visitors and judges with a diverse and innovative showcase of over 200 inventions, 90 of which won gold medals. This year, the Chinese delegation organized 237 invention projects across 212 booths, marking the largest scale.…
[Photo provided to chinadaily.com.cn] China’s first autonomous shuttle route dedicated to cross-border medical travel has started operations in the Guangdong-Macao In-depth Cooperation Zone in Hengqin, aiming to improve transportation access for inbound tourists seeking medical services. The shuttle service, known as the “Hengqin-Macao Medical Line”, connects Hengqin Port with the Hengqin unit of the First…
BEIJING — Artificial intelligence (AI) and green development have emerged as engines driving high-quality growth in China’s home appliance sector, according to an industry report. The white paper on China home appliance consumption trends, recently released by the China Household Electrical Appliances Association, indicates that Chinese consumers are shifting from meeting basic needs to pursuing…