Skip to content

News

PBOC sees stable RMB amid 2-way fluctuations

A senior Chinese central bank official said on Wednesday that the renminbi exchange rate is expected to continue fluctuating in both directions, as a range of factors will exert both upward and downward pressure on the currency. Geopolitical tensions and uncertainties over monetary policy in major economies remain the key external factors influencing the renminbi,…

New growth drivers mark China’s economic resilience

China’s economy expanded 4.7 percent year-on-year in the first half of 2026, demonstrating resilience as advanced manufacturing, robust exports and emerging growth drivers helped cushion mounting external uncertainties, official data showed on Wednesday. New growth drivers accounted for more than two-fifths of economic growth during the period, highlighting the Chinese economy’s continued transition toward innovation-led…

BRI trade network gains momentum

The China-proposed Belt and Road Initiative is demonstrating robust vitality as its westward cooperation with Central Asia deepens and its southward New International Land-Sea Trade Corridor sees surging freight volumes, creating a highly integrated trade network, experts said. The westward momentum is anchored by the ongoing implementation of an action plan for high-quality Belt and…

Santime Intelligence unveils solar-powered AI umbrella

Chinese green technology company Santime Intelligence recently unveiled its latest solar-powered artificial intelligence umbrella at the Alipay Ecosystem Conference in Hangzhou, Zhejiang province, as it looks to expand the use of green-powered smart devices in public spaces. The fourth-generation product, named Little Umbrella Mate, integrates flexible thin-film solar panels, AI-enabled interaction and Alipay Tap!, a…

От отпадъци към ресурси: как оборският тор може да помогне за затваряне на цикъла на хранителните вещества в Европа

От отпадъци към ресурси: как оборският тор може да помогне за затваряне на цикъла на хранителните вещества в Европа – Земеделие и развитие на селските… Read More »От отпадъци към ресурси: как оборският тор може да помогне за затваряне на цикъла на хранителните вещества в Европа

75% of young Europeans have at least basic digital skills

In 2025, 74.6% of young people aged 16-24 in the EU had at least basic digital skills.  Among EU countries, Denmark registered the highest share of young people with at least basic digital skills, with 92.1%, followed by Czechia with 91.7% and Malta with 91.5%.  At the other end, only 2 EU countries had shares…

ABB sees rising opportunities in China’s drive for industrial efficiency

Stefan Floeck, ABB’s division president of IEC Low Voltage Motors. [Photo provided to chinadaily.com.cn] China will remain central to ABB’s global low-voltage motor business, with the Swedish-Swiss technology company set to expand local manufacturing and innovation as the country’s industrial upgrading and green transition fuel demand for more energy-efficient equipment, a senior executive said. To…