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China Industries

China Industries

Shenzhen to host Dubai Forum as digital bridge to business

Mohammad Ali Rashed Lootah, president and CEO of Dubai Chambers, attends the news conference in Shenzhen on Thursday. [Photo provided to chinadaily.com.cn] The fifth International Dubai Business Forum will take place on May 14, 2026, in Shenzhen, a booming innovation-driven city in South China, as announced by the host Dubai Chambers on Thursday. The event…

South Korea becomes destination of choice for Chinese tourists

People enjoy the autumn scenery at a park in Seoul, South Korea, Nov 9, 2025. [Photo/Xinhua] South Korea overtook Japan to become the most popular outbound travel destination for Chinese tourists during the New Year holiday, industry data showed, reflecting a shift in regional travel preferences driven by visa policy and airline capacity. According to…

Real estate stabilization key objective

A residential property project under construction in Shanghai. [Photo provided to China Daily] China is likely to roll out more forceful measures to stabilize its real estate sector in order to reinforce market confidence and prevent a sustained decline in property values from further dampening consumption, analysts said. Their comments came after Qiushi Journal, a…

UHV corridors set to scale up nation’s power transmission capacity

Employees check equipment at a transmission facility in Suzhou, Jiangsu province, on Nov 20. SHI JUN/FOR CHINA DAILY China is set to significantly expand its cross-country power transmission capacity to 420 gigawatts by 2030, the National Energy Administration said, as the world’s second-largest economy advances the strategic modernization of its electrical grid to harness a…

Country’s consumer market expected to gain momentum in 2026

Revelers take photos of the God of Wealth at Huaxi Live in Haidian district, Beijing, on Dec 31. GENG FEIFEI/CHINA DAILY Growth in China’s consumer market is expected to gain momentum this year, with improvements in household income expectations and consumer confidence, while service consumption will serve as a key driver boosting domestic demand, said…

China’s landmark trade corridor cargo volume hits record high in 2025

NANNING — China’s New International Land-Sea Trade Corridor rail service handled a record 1.425 million twenty-foot equivalent units (TEUs) of cargo in 2025, marking a 47.6 percent increase and surpassing the one-million-TEU milestone for the first time, China Railway Nanning Group said on Tuesday. Of the total, 701,000 TEUs were transported from western regions such…

Shanxi speeds up smart coal mines

A China Coal Pingshuo Co Ltd employee operates mining equipment remotely. ZHU XINGXIN/CHINA DAILY As China enters a critical phase of ensuring energy supply during the winter, Shanxi, a major coal-producing province, is accelerating the construction of intelligent coal mines to ensure a safe and stable coal supply, and to contribute to achieving China’s dual-carbon…

Zootopia 2 surpasses Avengers: Endgame as China’s top imported film

BEIJING – Zootopia 2 has become the highest-grossing imported film in Chinese box office history, exceeding the previous record held by Avengers: Endgame, industry data showed on Tuesday. According to data platform Maoyan, the animated sequel had earned 4.251 billion yuan ($606 million) as of Tuesday morning, overtaking the 2019 superhero blockbuster. The total for Zootopia…

Beijing targets trillion-yuan AI industry within two years under new action plan

BEIJING – Beijing aims to grow its core artificial intelligence (AI) industry beyond 1 trillion yuan ($142.5 billion) within two years via a new action plan unveiled on Monday, as China’s capital city seeks to cement its role as a global AI innovation hub. Under the plan, authorities will roll out nine major initiatives targeting…