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ExxonMobil puts mega ethylene project into operation in Huizhou

ExxonMobil’s mega ethylene project in Huizhou, South China’s Guangdong province, officially started operations on Tuesday, playing a role in helping the city in the Guangdong-Hong Kong-Macao Greater Bay Area compete for a global petrochemical industry power house. This is one of the major foreign investment projects of the country and the first major petrochemical project…

Exxon Mobil’s Guangdong plant begins operations

Exxon Mobil Corporation’s mega Huizhou ethylene project officially began operations on Tuesday, helping the Guangdong-Hong Kong-Macao Greater Bay Area city to compete as a global petrochemical industry highland. The project is one of the major foreign investment projects of the country and the first petrochemical project constructed solely by an American company in China, said…

Top 10 Chinese jewelry brands in 2022

The Hurun Research Institute unveiled Hurun Top Chinese Jewelry Brands 2022 on Jan 18, 2022, in Shanghai, ranking 70 Chinese jewelry brands for the first time in terms of company’s scale, brand strategy and sales channels. The top 70 brands largely fall in retail business, the downstream of the jewelry industry, covering jewelry such as…

Post-95 generation attracted to first-tier cities

College students attend an on-campus job fair in Huzhou, Zhejiang province on Nov 12, 2022. [Photo/VCG] Beijing has become China’s most attractive city for talent from the post-95 generation this year, followed by Shenzhen, Shanghai and Guangzhou, according to a report released by Zhilian Recruitment, one of the major recruitment platforms in China, People’s Daily…

Active participation in China’s energy investment and cultural welfare

The port of Ras Tanura is in the Eastern Province of Saudi Arabia. Most of Aramco’s crude oil sold to China is handled through this port. [Photo provided to chinadaily.com.cn] How the Aramco-China relationship is shaping a brighter future Recently, the Saudi Arabian Oil Company (Aramco) collaborated with the China Building Materials Academy (CBMA) to…

China and Russia: Cities building stronger ties

“The specialists from Moscow visit cities in China regularly, and learn from their practices in city management and governance,” said Aleksandra Voronova, counselor at the Moscow Center for International Cooperation, during the Global Mayors Dialogue · SCO Summit Cities event in Tianjin. She noted that, almost every week, Chinese delegations visit Moscow. In recent years,…

Nvidia to resume H20 chip sales in China, unveils new compliant GPU

US semiconductor giant Nvidia announced Tuesday that it will resume sales of its H20 chips to China and has unveiled a new, fully compliant graphics processing unit (GPU) designed for the Chinese market. The news follows a series of visits this month by Nvidia founder and CEO Jensen Huang to both Washington and Beijing, where…

China’s commerce ministry adds 8 Taiwan entities to export control list

BEIJING – The Ministry of Commerce announced on Wednesday that it has added 8 entities from China’s Taiwan region to the export control list.These companies have deliberately cooperated with the “Taiwan independence” separatist forces, a spokesperson for the ministry said in a statement.The decision was made to maintain national sovereignty, territorial integrity, as well as…

China’s CPI up 0.1% in June

China’s consumer price index, a main gauge of inflation, rose 0.1 percent year-on-year in June, data from the National Bureau of Statistics showed on Wednesday. The CPI in urban regions rose 0.1 percent year-on-year last month, while that in the rural regions was down 0.2 percent, according to the data.On a monthly basis, the CPI…

China’s 2021-2025 economic increment projected to exceed 35 trillion yuan: official

BEIJING – China’s economy has demonstrated remarkable resilience during the 14th Five-Year Plan period (2021-2025), with its economic increment projected to exceed 35 trillion yuan ($4.89 trillion). Over the first four years of the period, the economy expanded at an average annual growth rate of 5.5 percent, Zheng Shanjie, head of the National Development and…