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Qingdao’s Ark TaaS intelligent model set to improve port ops

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A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] A new port service-focused intelligent model, known as the Ark TaaS (Trade as a Service) model, recently began a public beta phase in Qingdao, Shandong province. The model is a collaborative project between Qingdao Port of Shandong Port Group and Shandong Port Science…

US tariff threat fueling inflation concerns

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US President Donald Trump [Photo/Agencies] United States President Donald Trump said on Sunday that he will announce 25 percent tariffs on all steel and aluminum imports starting on Monday, a move which analysts warn could make it harder for the White House to tame inflation. The ongoing trade war initiated by the US shows no…

China registers over 450,000 smart robotics firms

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An AI vehicle charging robot attracts visitors at the 2024 World Intelligence Expo in Tianjin. TONG YU/CHINA NEWS SERVICE China registered 451,700 companies in the intelligent robotics sector as of the end of December 2024, with a total registered capital of 6.44 trillion yuan ($884.27 billion), according to the Science and Technology Daily quoting data…

New energy storage sector sees fast growth

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A technician inspects a turbine at a wind farm in Hinggan League, Inner Mongolia autonomous region, in May 2023. [WANG ZHENG/FOR CHINA DAILY] BEIJING — China’s new energy storage sector saw rapid growth in 2024, with installed capacity surpassing 70 million kilowatts, said an official with the National Energy Administration. Bian Guangqi, deputy director-general of…

Foreign visitors experience China’s improved mobile payment environment over Spring Festival

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BEIJING – Foreign visitors in China experienced a smoother, more convenient travel environment during this year’s Spring Festival, thanks to improvements to the country’s mobile payment systems. The latest data from the People’s Bank of China shows that the volume of transactions made by international tourists during the Chinese New Year holiday, which ran from…

Beijing to host 3rd China International Supply Chain Expo in July

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BEIJING – The third China International Supply Chain Expo will be held in Beijing from July 16 to 20 this year, the China Council for the Promotion of International Trade (CCPIT) said on Thursday. With a total exhibition area of 120,000 square meters, the expo features six major exhibition areas — namely advanced manufacturing, clean…

China’s delivery services hit full throttle for festival shopping boom

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Workers unload cargo at Nantong Xingdong International Airport in Jiangsu province in January. XU CONGJUN/FOR CHINA DAILY BEIJING — When Wang Lijun returned to his hometown in Hebei province for Spring Festival this year, he didn’t carry the usual load of holiday goods, as his New Year purchases — juicy navel oranges from Jiangxi province and…

More families drive NEVs for Chinese New Year reunions

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An employee works at an automobile assembly workshop in Chongqing in January. WANG QUANCHAO/XINHUA BEIJING — More and more Chinese motorists are choosing to drive home for Spring Festival family reunions using new energy vehicles, aided by better charging and insurance services, according to experts. Hua Lei, an official with the Ministry of Transport, said that…

Raising incomes should be focus in boosting consumption

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Shoppers seen at a supermarket in Zaozhuang, Shandong province. [SUN ZHONGZHE/FOR CHINA DAILY] For China, boosting consumption has become as important a task as enhancing innovation and competitiveness. Policymakers have taken the expansion of consumption to unprecedented heights on the development agenda, reflecting the urgency of figuring out solutions for Chinese consumers to maintain strong…