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Electricity embarks on a new journey, connecting the future with an innovative industrial chain

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The picture shows part of the Hexi Fort Industrial Park in Jinchang, Gansu province. [Photo provided to chinadaily.com.cn] On Feb 17, the staff of the State Grid Jinchang Power Supply Company supported the resumption of work and production, promoting the development of industrial chains in the coal chemical, sulfur-phosphorus chemical, and ammonia-soda chemical industries at…

Lenovo delivers strong performance driven by AI

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Chinese tech heavyweight Lenovo Group Ltd announced on Thursday that its revenue in the quarter ended December grew 20 percent year-on-year to $18.8 billion, marking the third consecutive quarter of double-digit growth as its investment in artificial intelligence drives businesses forward. Net income more than doubled year-on-year to $693 million, including a non-recurring income tax…

Online shopping in the EU keeps growing

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JD’s food delivery orders surge after service launch

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JD’s food delivery service is now available in 39 cities nationwide, with expansion plans underway. [Photo/VCG] Online orders in certain cities have surged over 100 times since the Chinese e-commerce giant JD launched its food delivery service on Feb 11, according to a report by Sina on Thursday. Some industry insiders believe that JD aims…

Surplus in EU trade in goods for 6 quarters in a row

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‘Ne Zha 2’ brings surging orders to Chinese toy factories

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Toys featuring Ne Zha, the main character from “Ne Zha 2”, are pictured at a toy manufacturer’s workshop in Xiangtan, Central China’s Hunan province, on Feb 8, 2025. [Photo/Xinhua] GUANGZHOU — In the bustling production workshop of a cultural products company in South China’s Guangdong province, miniature figurines of Ne Zha, Ao Bing and Tai…

Yantai Power Supply boosts Laizhou’s engineering sector

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Staff members from the Yantai Power Supply under the State Grid visit an enterprise to aid in conducting electrical safety inspections. [Photo provided to chinadaily.com.cn] In mid-February, as production resumed on a large scale following the Spring Festival break, the Engineering Machinery Industrial Park in Laizhou, a county-level city in Yantai, Shandong province, bustled with…

Production in construction stable in the euro area and up by 0.4% in the EU

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Energy prices stabilised at a high level in 2024

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American electric vehicle maker Nikola files for bankruptcy

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LOS ANGELES — American electric vehicle (EV) maker Nikola Corporation announced on Wednesday that the company has filed for bankruptcy protection. The EV auto startup, based in Phoenix, the capital of the southwestern US state of Arizona, said in a statement that “the company and certain of its subsidiaries have filed voluntary petitions under Chapter…