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Annual inflation up to 2.5% in the euro area

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Happy birthday to the European Statistics Code of Practice!

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Deep structural adjustments foreseen in liquor industry

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A customer checks out liquor products at a market in Chongqing in January. [YANG MIN/FOR CHINA DAILY] After years of expansion, China’s liquor industry is shifting from rapid growth to a more rational and balanced market, as brands adapt to changing consumer preferences and market saturation. Cost-efficiency and international expansion have emerged as key drivers…

Guangzhou gears up for low-altitude unmanned aircraft operations

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A passenger takes a trial ride on the EH216-S in Guangzhou, the capital of Guangdong province, in December. [Photo provided to chinadaily.com.cn] Unmanned aerial vehicles will start commercial operation in 2025, with more low-altitude aircraft entering the airworthiness certification and pilot application stage in Guangzhou, the capital of Guangdong province, according to Chen Tengfei, a…

Chinese automakers gain ground at Indonesia’s largest auto show

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Visitors explore the booth of Chinese automaker Wuling during the 2025 Indonesia International Motor Show in Jakarta, on Feb 13, 2025. [Photo/Xinhua] JAKARTA – Unlike in previous years, Indonesia’s largest automotive exhibition took on a different tone this year with the arrival of high-end Chinese car brands, including electric vehicles (EVs), on the showroom floor.…

Forum champions open source for humanoid robotics boom

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A panel discussion takes place at the Open Path for Humanoid Robotics forum on Feb 23, 2025. [Photo by Luo Bin / chinadaily.com.cn] The Open Path for Humanoid Robotics forum, held at the West Bund Art Center in Shanghai on Sunday as part of the Global Developer Conference, saw a shared belief among industry leaders…

China’s thirst drives strong recovery in Australian wine exports

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A view of the Australian wine exhibition area at the 7th China International Import Expo in Shanghai in November. [CHINA DAILY] A rebound in demand from the Chinese mainland has driven a strong recovery in Australian wine exports, with total export value surging 34 percent year-on-year to 2.55 billion Australian dollars ($1.62 billion) in 2024,…

China’s tax deferral policy boosts foreign reinvestment in 2024

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A view of Beijing’s CBD area on Aug 19, 2022. [Photo/VCG] BEIJING – Foreign reinvestment in China benefiting from a preferential policy to temporarily exempt certain profits obtained by overseas investors from withholding income tax have seen rapid growth in 2024, data from the State Taxation Administration revealed on Thursday. The total value of reinvestment…

CATL-Didi JV targets EVs with battery swap

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The electric vehicle market is experiencing a shift with the separation of vehicles and batteries becoming more prevalent. This took a major step forward with the establishment of a battery swap joint venture between battery giant CATL and domestic ride-hailing leader Didi last week. The joint venture, with a registered capital of 330 million yuan…