Employees work on a drilling platform in Tarim oilfield, Xinjiang Uygur autonomous region, in February. HU HUHU/XINHUA China’s largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted 150 million metric tons of oil and gas equivalent from formations deeper than 6,000 meters so far, as China’s oil giants accelerate ultra-deep exploration and technological…
A booth of China International Marine Containers Group (CIMC) at Intermodal Asia 2024 held in Shanghai, on May 21, 2024. [Photo/VCG] Chinese logistics and energy equipment maker China International Marine Containers Group (CIMC) said it has made significant strides in overseas markets this year, as it capitalized on growing demand for its products to secure…
China’s economy continued to recover in the first two months this year as consumption and investment showed improvement, official data showed on Monday, making a steady start for 2025. Retail sales, a key measurement of consumer spending, surged 4 percent year-on-year over the January-February period, after the 3.7 percent rise in December. China’s value-added industrial…
A Xiaomi SU7 Ultra is presented in Mixc Mall in Chengdu, Sichuan province, on Feb 28. ZHANG LANG/CHINA NEWS SERVICE China’s sharpened focus on pursuing integrated advancements in technological and industrial innovation showcases its determination to translate scientific breakthroughs into real-world applications, and such a strategy will help it transform into a global innovation powerhouse…
An undated photo shows an elderly woman dining at a nursing home in Hangzhou, East China’s Zhejiang province. [Photo by Sun Yidou/For China Daily] With increasing policy support and market innovation, a more diversified and vital pension finance market is being formed in China amid rapid population aging. Pension finance, put forward as one of…
“The way of doing business here in China is extremely fast and extremely business-oriented,” said Bernd Schlegl, managing director of FORM segment at Semperit Group. China offers a good business environment for multinational companies to grow, invest and develop. Located in Fengxian district in Shanghai, the company has received huge support. Tanks to chinadaily.com.cn Please…
The United States’ plan to impose port docking fees on Chinese ships will backfire on its own economy and lead to a redistribution of shipping capacity between the two countries, said shipping analysts and a risk assessment report on Thursday. The Office of the US Trade Representative proposed in late February a measure to charge…
A meeting on high-quality business development and high-level opening-up in Yangpu took place at the Shanghai People’s City Practice Exhibition Hall on Friday. [Photo by He Qi/chinadaily.com.cn] A meeting on high-quality business development and high-level opening-up in Yangpu district took place at the Shanghai People’s City Practice Exhibition Hall on Friday. Certificates were awarded to…
Potential homebuyers look at a property model in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE BEIJING – For a long period of time, owning a home has been a common aspiration among Chinese citizens who rushed to towns and cities during the country’s urbanization drive. However, this aspiration is increasingly evolving as people are now…
A robotic dog being tested for garbage transport draws the attention of visitors at Taishan Mountain in Tai’an, Shandong province. CHINA DAILY CHONGQING – As dawn broke over Taishan Mountain in East China’s Shandong province, a metallic quadruped robot was navigating the steep “Eighteen Bends,” a 1,460-meter ascent, with a storage box strapped to its…