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Global businesses will continue to scale up investment in China in 2026, betting on the enduring vitality of economic growth and innovation strength in the world’s second-largest economy, said market watchers and business leaders. The comments came after French tire and mobility company Michelin Group put into operation the second phase of its Shanghai plant…
Adora Magic City, the first large cruise ship built in China, docks at a port in Shanghai on May 17. CHINA DAILY Welcoming Adora Cruises’ one-millionth passenger aboard reflects the robust operating capacity of China’s cruise industry and highlights the vast potential of the cruise tourism market in the world’s second-largest economy, said experts and…
Shop assistants recommend Serbian wine to customers at a store at Yiwu China Commodity City in Yiwu, Zhejiang province, on Jan 30. XU YU/XINHUA As the world’s busiest port in terms of cargo tonnage, Ningbo Zhoushan Port in East China’s Zhejiang province, has kicked off 2026 by breaking critical infrastructure bottlenecks and weaving a denser…
State Grid Jinhua Power Supply Company has recently commissioned supporting power infrastructure for the new energy vehicle full-industry-chain parts industrial park, a move seen as a primary engine for the city’s ambition to foster a 100-billion-yuan ($13.9 billion) electric vehicle cluster. Located in Jinhua’s Jindong District, the industrial park is designed with an annual capacity…
Chinese railway operators have intensified moves to transport more thermal coal by trains to safeguard coal inventories at power plants. As demand for thermal coal continues to rise this winter, coal transport is becoming more urgent. Staff members of Wan’an Station of Jiexiu Traffic Section in Shanxi province have precisely formulated shunting operation plans and…
The booth of Muxi Co Ltd at the 2025 World Artificial Intelligence Conference in Shanghai on July 29. CHINA DAILY A wave of initial public offerings is sweeping China’s graphics processing unit, or GPU sector, marking a critical phase in the nation’s push for self-reliance in advanced computing power. On Jan 22, Shanghai-based Enflame Technology’s…
A technician inspects semiconductor chip packaging in Binzhou, Shandong province, on Jan 28. GUO ZHIHUA/FOR CHINA DAILY China’s semiconductor supply chain companies are making steady progress in core technologies and materials as US-led export controls and the possibility of more restrictions on advanced chip-making equipment catalyze the country’s drive for greater self-sufficiency. For instance, there…
As the country’s biggest holiday approaches, the Chinese New Year — especially this year’s extended nine-day break — has become a critical period for consumption, offering a vital window for retailers to bolster their performance. With consumption levels reaching their peak, this period represents a strategic opportunity to capture market share and engage with consumers’…
Chinese railway operators have intensified measures to safeguard thermal coal transport. To ensure the safe operation of heavy-load trains on the Datong-Qinhuangdao Railway, which transports some 350 million metric tons of coal each year, maintenance workshop staff members of Hudong Electric Locomotive Depot in Shanxi province have introduced a “three inspections and one verification” system,…