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China Industries

China’s private petroleum, chemical sector set for robust and broad growth

China’s vast private petroleum and chemical sector is positioned for robust and broad growth, according to a recently released report by China Petroleum and Chemical Industry Federation. This is driven by its aggressive pivot from traditional processing toward high-end specialization across the value chain, it said. The 2025 China Petroleum and Chemical Private Enterprise Development…

Winter school holidays fuel surge in domestic, outbound travel

China’s upcoming winter school holiday, including a newly introduced “snow break” in some regions, is fueling a surge in domestic and outbound travel, according to data from Qunar, a Beijing-based online travel agency. Urumqi and Altay prefecture in the Xinjiang Uygur autonomous region will give students up to nine consecutive days off from Nov 29…

Japan’s tourism, retail sectors to face downside amid tense standoff

Visitors strolling next to traditional Gassho-style houses are seen through autumn-colored leaves at Shirakawa-go, Gifu Prefecture, Japan, Nov 15, 2025. [Photo/Agencies] The economic toll of strained diplomatic ties between China and Japan is looming over Japan’s retail and tourism sectors, with a report by BMI, a unit of Fitch Solutions, warning of distinct downside risks…

China-built projects completed in Belarus

Women dressed in traditional attires pose for a group photo in front of the Belarusian National Football Stadium, a landmark project built with Chinese support, in Minsk, Belarus, June 7, 2025. [Photo/Xinhua] Chinese-built swimming and soccer facilities in Belarus have been completed and opened to the public, officials from both countries said, describing them as…

E-commerce mkt embraces livestreaming

China’s e-commerce market is expected to fully embrace livestreaming, unleashing great growth potential, industry experts said. Xiao Fei, founder and CEO of QiFei Network Technology, a leading e-commerce livestreaming operator on video-sharing platform Douyin, said: “In the future, every industry will embrace livestreaming. As you can see, hotpot brand Haidilao and coffee chain Luckin are…

Ice, snow tourism boom seen ahead of peak winter

Ice and snow tourism is seeing a significant boom in China this winter, the latest report on the sector by Tongcheng Travel showed. The report highlighted a surge in flight and accommodation bookings to key ice and snow tourism destinations, alongside rising airfare prices and growing interest in both domestic and international travel during the…

China to boost green industry cooperation

China will deepen multilateral cooperation on green technologies, support its new energy vehicle, battery and photovoltaic enterprises in expanding globally, and accelerate the low-carbon transition of its sprawling manufacturing sector, said the nation’s top industry regulator. Li Lecheng, minister of industry and information technology, said in an exclusive signed article written for China Daily that…

China’s industrial profits record steady growth in the first 10 months

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This photo shows the automated production at the Seres Super Factory in Liangjiang New Area, Southwest China’s Chongqing, Sept 19, 2025. [Photo/Xinhua] Profits at China’s major industrial firms rose steadily in the first 10 months, with equipment manufacturing and high-tech sectors reporting rapid growth, official data showed on Thursday. During the first 10 months, China’s…

Shanghai Sports Show showcases booming industry

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The 2025 Shanghai Sports Show, a three-day event that kicks off on Thursday at the Shanghai World Expo Exhibition & Convention Center. [Photo provided to chinadaily.com.cn] The Shanghai sports industry generated an output of 316.9 billion yuan ($44.8 billion), with an added value exceeding 100 billion yuan, accounting for 1.9 percent of the city’s GDP…

Profits of China’s major industrial firms up 1.9% in first 10 months

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Visitors check out an offshore wind turbine model during a clean energy expo in Beijing on Oct 20. CHEN XIAOGEN/FOR CHINA DAILY Profits at China’s major industrial firms extended their gains for a third consecutive month in October, data from the National Bureau of Statistics showed on Thursday. From January to October, industrial enterprises with…