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US protectionism disrupting global supply chains

[Photo/IC] From the 1990s to 2008, global industrial supply chains experienced a golden era. However, due to the United States’ adherence to the mindset of national competition and zero-sum game thinking, it has introduced various restrictive measures in recent years, leading to disruptions in the operation of those chains. Under such circumstances, rebuilding political trust…

China, US commerce ministers to discuss economic and trade issues soon

[Photo/IC] China’s minister of commerce will hold a phone conversation with his US counterpart soon to discuss in-depth economic and trade issues of mutual concern between the two countries, CCTV News reported on Tuesday. The conversation, which serves as a regular mechanism of dialogue between the two commerce departments, will include issues such as the…

Chinese businesses advised to identify distinct markets overseas

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More than 80 representatives from businesses and universities gathered in Shanghai on Saturday to discuss the opportunities and challenges faced by Chinese companies looking to go international. [Photo provided to chinadaily.com.cn] More than 80 representatives from businesses and universities gathered in Shanghai on Saturday to discuss the opportunities and challenges faced by Chinese companies looking…

Trade, opening-up surging over years

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In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. By the 1990s, many of these companies began building factories in locations…

Hangzhou setting green transition example for country

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Hangzhou, Zhejiang province, is developing a new type of power system by incorporating such clean energy resources as hydropower, wind, solar and storage, so as to raise its proportion of clean energy. Recently, the city facilitated the Shuangxikou Reservoir — the first medium-sized reservoir with a gravity-arch dam in Zhejiang — to begin to store…

Weakening market demand slumps industrial profits

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Vehicles are under examination at a smart factory of Seres Group in Liangjiang New Area, Southwest China’s Chongqing municipality, April 25, 2024. [Photo/Xinhua] Profits at China’s major industrial companies slumped in August, the National Bureau of Statistics said on Friday, reflecting corporate pain stemming from weakening market demand. Industrial enterprises with annual revenue of at…

China’s green, low-carbon development nurtures new opportunities: official

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A wind farm generates power for grids in Zhoushan, Zhejiang province. [Photo by YAO FENG/FOR CHINA DAILY] BEIJING – China’s green and low-carbon development features bright spots and nurtures new opportunities, an official with the country’s energy administration has said. Wind power and photovoltaics have become major contributors to China’s newly added installed capacity and…

China’s Juncao technology empowers Fijian woman

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Lin Xingsheng (first right) helps Fijian people build a greenhouse for mushrooms in Naitasiri, Fiji, in September. [Photo/Xinhua] SUVA — From a farmer to the owner of a Juncao (mushroom grass) farm and the chairwoman of the Fiji Mushroom Farmers Association, Seruwaia Waiti Kabukabu feels so proud to be able to contribute to her community…

Silkworm harvesting improves livelihoods in Egyptian village

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A farmer works on silkworm cocoons at Nagaa Awni village in Egypt in September. [Photo/Xinhua] BEHEIRA, Egypt — Nagaa Awni, located in Beheira governorate about 200 kilometers from the Egyptian capital of Cairo, used to be a village of mud-brick and straw homes, relying on external aid for food and blankets. Now, thanks to about…

Chinese-manufactured ploughs boosting productivity among Kenyan farmers

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Dylan Zhang (fifth left) poses for a group photo with local farmers at a machine dealer promotional event in Nakuru county, Kenya, in July. [Photo/Xinhua] NAIROBI — In the heart of Naro Moru, about 173 kilometers from Kenya’s capital Nairobi, a Chinese-made plough has transformed how farmer Peter Kimani cultivates his land. Kimani, who owns…