China Industries
A Xiamen Airlines aircraft takes off from Haikou Meilan International Airport in Haikou, Hainan province, on Jan 10, 2026. [Photo/VCG] A Boeing 787-8 operated by a Jordanian airline has become the latest widebody aircraft to undergo a full heavy maintenance check in South China’s Hainan Free Trade Port, highlighting how tax breaks and streamlined customs…
People buy decorations for the upcoming Spring Festival at a market in Xiayi county, Shangqiu city, Central China’s Henan province, Feb 10, 2026. [Photo/Xinhua] As the retail landscape for Spring Festival unfolds, traditional models of holiday shopping are being replaced by a focus on lifestyle, experience and emotional connections, compelling retailers and brands alike to…
A foreign shopper browses products at a duty-free store in Haikou, Hainan province, on Wednesday. CHINA DAILY Much to her surprise, Wang Min of Haikou, Hainan province, completed her first tax-free grocery run on Wednesday in just minutes. After presenting her ID card to verify her annual tax-free quota at the counter, she simply scanned…
The optimized refinancing measures recently unveiled by three major Chinese stock exchanges will help direct resources more precisely to quality companies and better nurture technological innovation, said experts and market mavens. For quality companies with high market recognition and competitiveness, revision of their refinancing requests will be streamlined, especially regarding their operation, corporate governance and…
China is navigating a critical shift in its strategy to expand domestic demand, moving beyond short-term stimulus measures to focus on structural “core levers”, including income, wealth distribution and social security, according to a senior public finance economist. “Measures to improve the consumption environment or organize promotional campaigns are helpful in the short run. But…
While Chinese regulators and car makers are making concerted efforts along the industrial chain to shape rules for the global autonomous driving industry, executives from leading manufacturers of self-driving vehicles in the United States are busy painting Beijing’s rapid advances in the sector as a so-called direct threat to Washington’s role. During last week’s US…
Construction workers from Jiangsu Power Transmission and Transformation Co install conductors at a 500-kilovolt line project site in Nanjing, Jiangsu province, on Wednesday. SHI JUN/FOR CHINA DAILY China is set to pour a record-high 5 trillion yuan ($722 billion) into its power grid over the next five years, a massive investment in new infrastructure designed…
A 5G-enabled intelligent robot conducts an inspection of electrical equipment alongside maintenance workers at a substation in Chuzhou, Anhui province, on Jan 20. SONG WEIXING/FOR CHINA DAILY China’s electricity market reached a new milestone in 2025, with traded power volume surging to a record 6.64 trillion kilowatt-hours, as the nation accelerates its transition toward market-driven…
China’s investment in key energy projects surged to a record 3.5 trillion yuan ($505 billion) in 2025, as the world’s largest energy consumer immensely expanded its renewable capacity while reinforcing domestic energy security, according to authorities. The nearly 11 percent year-on-year growth in energy spending significantly outpaced other sectors of the Chinese economy, according to…
An aerial image shows CR23G’s 1,000-megawatt photovoltaic desert-control project in Minfeng county, Hotan prefecture, Xinjiang Uygur autonomous region. CHINA DAILY CHANGCHUN — Amid the freezing cold and snow-covered houses of his village in Northeast China’s Jilin province, Kong Xiangling moves comfortably around the kitchen before the Chinese New Year holiday, tending a biomass stove as…