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Industrial production down by 2.4% in the euro area and by 1.8% in the EU

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Employment rate and labour market slack up in Q1 2025

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China Eastern Airlines to launch direct Xi’an-Istanbul flight

A direct flight between Xi’an of Shaanxi province and Istanbul of Turkiye will be launched on June 24 by China Eastern Airlines, which will be the airliner’s second direct flight connecting the two nations, according to the Shanghai-based carrier. The flight will operate between Xi’an Xianyang International Airport and Istanbul Airport every Tuesday, Friday and…

China’s consumer prices dropped in May

China’s consumer prices fell slightly in May, while the annual decline in factory-gate prices deepened, official data showed on Monday. The country’s consumer price index, the main gauge of inflation, fell by 0.1 percent year-on-year in May, the same as in the previous month, according to the National Bureau of Statistics. But the core CPI,…

Mainland carmakers eye global reach via Hong Kong

Visitors check XPeng’s products at the 2025 International Automotive and Supply Chain Expo (Hong Kong) on June 12, 2025. [Photo provided to chinadaily.com.cn] Carmakers from the Chinese mainland are showcasing their latest models and ambitions at the 2025 International Automotive and Supply Chain Expo in Hong Kong, looking to deepen their engagement with international markets…

JD expands recruitment drive

Chinese e-commerce giant JD is ramping up efforts to offer job positions to fresh graduates and increasing the recruitment of full-time delivery riders as part of its broader push to expand employment and provide clear career development opportunities for talent. Experts said the country’s platform economy is playing an increasingly pivotal role in creating digitalized,…

CPI decline may spur easing, stimulus

A shopper browses groceries at a supermarket in Nanjing, Jiangsu province. FANG DONGXU/FOR CHINA DAILY China’s price levels remained subdued in May, leaving ample room for further monetary easing and robust fiscal stimulus in the remainder of the year, analysts said on Monday. They said more policy support is needed to shore up demand in the…

China ‘cornerstone’ of Everllence global strategy

Everllence remains committed to the Chinese market and is accelerating its investment in China in the hydrogen, carbon capture and storage (CCS) sectors, eyeing the massive development potential in the world’s largest renewable energy consumer, said a top company official. The company was formerly known as MAN Energy Solutions. “China is a vital cornerstone of…

Foreign firms in China continue to post trade growth in May

BEIJING — Foreign-invested firms in China recorded a 4 percent year-on-year growth in exports and imports in May, marking the fourth consecutive month of growth, official data showed Monday. The total trade volume of foreign enterprises in China reached 1.11 trillion yuan (over $154.47 billion) last month, according to the General Administration of Customs. In…

How science is embracing online world to thrive

Chaohu Mingyue, a new generation of computing cluster, in Hefei, Anhui province. CHINA DAILY It all started online. A glowing sunflower, which produces light through bioluminescent genes to make it a self-luminous plant, went viral online through a short video, attracting millions of views. Netizens marveled. Comments poured in. More importantly, investors were attracted. “Before the…