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China a world leader in hydrogen energy industry

China’s annual production and consumption of hydrogen energy exceeded 36.5 million tons in 2024, ranking first worldwide. China is also home to over 50 percent of the world’s renewable energy hydrogen production projects, which injects a new impetus into China’s efforts to achieve its “dual carbon goals” and promote green development! Tanks to chinadaily.com.cn Please…

China mulls measures to regulate livestream e-commerce

A villager sells blueberries via livestreaming in Lianyungang, Jiangsu province. SI WEI/FOR CHINA DAILY BEIJING — Public opinion on regulations for the supervision and administration of livestream e-commerce is being solicited, China’s top market regulator announced on Tuesday. The State Administration for Market Regulation said that it has drafted the regulations in collaboration with the…

Western Range iron ore project highlights strength of collaboration

The Western Range project was put into operation on June 6, 2025. [Photo/Xinhua] The Western Range project, a significant iron ore mine in Australia that was recently put into operation, serves as a cornerstone of the longstanding resource partnership between Australia and China, said company executives and industry experts. The joint venture between Rio Tinto…

Matcha industry fattens wallets, revives culture

Students watch a tea specialist (right) make matcha tea at a tea industrial park in Jiangkou county of Guizhou province on May 14. FU TIAN/XINHUA GUIYANG — As the morning light of early summer broke over the misty hills of Jiangkou county in Southwest China’s Guizhou province, tea farmers began their day among rows of tea…

China’s refined tax refund policy fuels inbound consumption

Foreign tourists shop at the Silk Street Market in Beijing on April 20. [CHINA DAILY] BEIJING — China saw a vibrant surge in inbound consumption following the rollout of its refined tax-refund-upon-departure policy, with notable increases in both the number of tax refund stores and the total amount refunded. Between April 27 and May 26,…

New rules in place to green express delivery

Packages are processed at a distribution center in Ji’an, Jiangxi province, on July 4, 2025. [Photo/VCG] BEIJING — China is ramping up efforts to green its booming express delivery sector, as a newly amended regulation took effect during the bustling mid-year online shopping festival. The revised regulation concerning the courier sector came into force on…

Chinese vice-premier urges US to honor trade commitments

Vice-Premier He Lifeng (right) shakes hands with US Treasury Secretary Scott Bessent (left) at the first meeting under the China-US economic and trade consultation mechanism, held in London on Monday. [Photo/Xinhua] Chinese Vice-Premier He Lifeng called on the United States to honor its commitments and uphold the hard-won achievements made during the first meeting under…

Hefei, Anhui hosts the 2025 China Internet Civilization Conference

A drone photo shows the city view of Hefei, Anhui province. CHINA DAILY China kicked off the 2025 China Internet Civilization Conference in Hefei, Anhui province, on Tuesday, bringing together policymakers, industry leaders, researchers and youth representatives to promote a more civil, secure and innovative digital environment. Being held over two days on June 10 and…

Pharmaceutical giants explore new paths as innovation, restructuring reshape industry

Exploring new development paths have become key for global pharmaceutical companies, as technological innovation and market restructuring are reshaping the global pharmaceutical industry, said the China Chamber of Commerce for Import and Export of Medicines and Health Products. Asia’s largest pharmaceutical event CPHI China 2025, a specialized exhibition on pharmaceutical ingredients, will be held in…

Tariffs blamed for fashion giant’s slowdown in Q1

  A person carrying a bag walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran United States tariffs have been blamed for disappointing first-quarter sales figures released by the parent company of fashion giant Zara on Wednesday. Inditex fell short of market expectations for first-quarter sales and…