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China nears full allocation of 755b yuan central budget investment

Nearly all of the 755 billion yuan ($111.76 billion) in central budget investment earmarked for this year has been allocated, the National Development and Reform Commission said on Friday. The investments cover both physical assets such as infrastructure and machinery, as well as human capital, scaling up government spending on people’s all-round development and well-being,…

Unmanned vessel ‘6081’ showcases future of shipping

The unmanned vessel “6081,” weighing over 100 tons, anchored off the coast of Zhoushan, Zhejiang province, on Wednesday. This groundbreaking vessel completed its first autonomous navigation trial in June 2022. After years of technological advancements, it successfully completed a round-trip journey between Zhoushan and Sanya in April. Watch this video to explore its wide range…

China unveils five-year plan for greener industrial development

BEIJING – China has released a five-year plan to advance the green and low-carbon transformation of its industrial sector, setting a target of peaking carbon dioxide emissions from industry by 2030. The plan for the 2026-2030 period, recently issued by the Ministry of Industry and Information Technology, also aims to significantly increase the use of…

A ‘sun’ that heals

Although nuclear fusion is still under development, the technologies created through China’s fusion research are already being used in precision cancer treatment, aircraft engine inspection, chip manufacturing, and many other fields. In Anhui province, scientists vividly describe this innovation model as “laying eggs along the way”— turning breakthroughs made on the journey toward fusion into…

China, US hold video talks on economic, trade issues

Chinese Vice-Premier He Lifeng held a video call with United States Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer on Thursday, with both sides pledging to strengthen communication and promote stable economic and trade ties. He, the Chinese lead person for China-US economic and trade affairs, and his US counterparts held candid, in-depth…

China establishes quantum information standardization committee to boost future industry development

The Ministry of Industry and Information Technology officially inaugurated the quantum information standardization technical committee at a founding conference in Beijing on Thursday, marking a significant step in China’s push to establish standards for the burgeoning quantum industry. Ke Jixin, Vice Minister of Industry and Information Technology, attended the conference and delivered a speech. The…

China and EU prepare for second trade and investment consultation mechanism meeting

China has been actively working to implement the consensus reached at the inaugural meeting of the China-EU trade and investment consultation mechanism and stepping up preparations for the mechanism’s second meeting this autumn, the Ministry of Commerce said on Thursday. He Yadong, a spokesman for the ministry, told a news conference in Beijing that China…

China, EU to hold second trade consultation mechanism meeting this autumn

BEIJING — China and the European Union (EU) have agreed to hold the second meeting of the China-EU trade and investment consultation mechanism this autumn, a commerce official said on Thursday. Over the past month, both sides have been actively implementing the outcomes of the first meeting and making full preparations for the second, He…

China opposes US over import ban

An aerial view of a distributed photovoltaic power station with micro‑inverters at the Nanjing International Expo Center, in Nanjing, East China’s Jiangsu province, on Aug 14. [Photo/VCG] China firmly opposes the latest US bans on new imports of foreign-produced power inverters and advanced robotic devices, and urges Washington to revoke the measures immediately, the Ministry of Commerce…

Hangzhou’s SHINING 3D sets global standards in 3D scanning

A 3D scanner from Hangzhou-based SHINING 3D is used to scan ancient wooden artifacts. [Photo provided to chinadaily.com.cn] Whether it’s scanning a single tooth with micron-level precision, inspecting an entire commercial aircraft for surface dents, or bringing ancient artifacts back to life with stunningly realistic 3D models, Hangzhou-based SHINING 3D’s AI-powered solutions are pushing traditional…