Technicians check solar panels in Julu county, Hebei province. YANG SHIYAO/XINHUA China has unveiled a comprehensive strategic roadmap to tackle the looming “retirement wave” of solar panels, aiming to transform waste management into a high-tech circular economy. Six government departments, led by the Ministry of Industry and Information Technology, recently issued the guiding opinions on…
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] China will continue to adopt a proactive fiscal policy this year, employing tools such as increased expenditure, a wider deficit and government bond issuance, to stimulate domestic demand and ensure stable economic growth amid rising external uncertainties, officials and economists…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China’s monetary policy is set to remain on an easing path to support growth and domestic demand as the United States Federal Reserve held rates steady amid rising oil prices driven by geopolitical uncertainties in the Middle East,…
Top executives from China’s wind power industry have issued a joint call to curb “malicious” price competition, warning that below-cost bidding threatens the safety and sustainable development of the world’s largest renewable energy market. In a signed article published on Thursday, leaders, including Qin Haiyan, secretary-general of the Chinese Wind Energy Association and the chairmen…
Northwest China’s Xinjiang Uygur autonomous region will launch a series of measures this year to optimize its international business environment, focusing on enhancing trade and customs clearance efficiency and investment services. Emphasis will be placed on strengthening legal and policy support to facilitate economic and trade cooperation between Xinjiang and countries involved in the Belt…
China National Petroleum Corp said on Thursday that its first “green electricity direct connection” project located in the Taklamakan Desert, Xinjiang Uygur autonomous region, was approved recently, signaling a new era of integrating renewable energy with traditional oil and gas production. The project features a photovoltaic (PV) power station with a total installed capacity of…
China will step up antitrust enforcement in 2026 to break down local protectionism and market fragmentation, the country’s market regulator said on Thursday. At the 2026 national antitrust work conference held in Xiamen, Fujian province, the State Administration for Market Regulation said this year’s priorities include deepening fair competition governance, regulating market order, and addressing…
Ontime, a transportation service based in Guangzhou, announced on Thursday that more than 100 new robotaxis had been added to its fleet. [Photo provided to chinadaily.com.cn] Over 100 new robotaxis have been added to the operation fleet of Ontime, a transportation service based in Guangzhou, Guangdong province, the company announced on Thursday. Pony.ai, a Chinese…
A view of the Tianshan gas field operated by the Xinjiang Oilfield of China National Petroleum Corp. [Photo by Xu Zhiyuan / for chinadaily.com.cn] The Tianshan gas field, located on the southern edge of the Junggar Basin in the Xinjiang Uygur autonomous region, has cumulatively produced one billion cubic meters of industrial natural gas as…
On Wednesday, fiberglass producer China Jushi, a subsidiary of China National Building Material Group, opened a new production line in Huai’an, Jiangsu province, capable of producing 100,000 metric tons of electronic-grade fiberglass and 390 million meters of electronic fabric annually. This line represents 9 percent of the global market capacity, making it the largest of…