BEIJING — China’s transformer manufacturing sector has cemented its position as a global powerhouse, with industry output surpassing 300 billion yuan (about $43.54 billion) in 2025 and production representing more than half of worldwide capacity, according to industry association estimates released Friday. China’s transformer industry has also seen the emergence of influential “heavyweight” enterprises, said…
BEIJING — A total of 8,631 new foreign-invested firms were established across China in the first two months of the year, marking an increase of 14 percent year-on-year, the Ministry of Commerce said Friday. During the same period, actual use of foreign direct investment (FDI) in the Chinese mainland totaled 161.45 billion yuan ($23.43 billion),…
CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…
CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…
CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…
CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…
CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…
CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…
CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…
CATL showcases its Naxtra battery at the Guangzhou auto show in November 2025. CHINA DAILY Chinese battery makers are stepping up efforts to bring sodium-ion batteries into vehicles and energy storage as the technology moves toward early commercial use. The batteries are increasingly seen as a complement to lithium-ion batteries rather than a direct replacement.…