Dongfang Electric Corp’s assembly line in Fujian province. LIN SHANCHUAN/XINHUA The recent unveiling of a 26-megawatt offshore wind turbine in Fujian province marks a significant milestone for China’s wind energy industry and reflects the country’s growing leadership in renewable energy technology, said industry experts. Dongfang Electric Corp unveiled the 26 MW offshore wind turbine in Fuqing,…
The world’s first 100,000 metric ton integrated wind, solar, hydrogen and biomass green aviation fuel project began construction on Monday, in Heilongjiang province, the operator China Energy Engineering Group Co Ltd (Energy China) said. As the world’s first 100,000 ton level sustainable aviation fuel (SAF) initiative and China’s first demonstration of second-generation sustainable aviation fuel,…
China’s foreign trade grew by 5.3 percent year-on-year to 32.33 trillion yuan ($4.57 trillion) in the first three quarters of 2024, statistics from the General Administration of Customs showed on Monday. In the meantime, the country’s exports surged 6.2 percent on a yearly basis to 18.62 trillion yuan and imports rose 4.1 percent year-on-year to…
The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] Securing stable economic growth while maintaining fiscal viability lies at the core of China’s pursuit of national security amid intensified external uncertainties and a lingering real estate downturn, leading economists said. To achieve these goals, they suggested taking decisive measures such as strengthening…
Creative cultural products based on kites are pictured at a kite workshop in Hanting district of Weifang, East China’s Shandong province, Oct 14, 2024. [Photo/Xinhua] Kites are helping to drive the economic development in Weifang, East China’s Shandong province. As a kind of creative cultural product, kites have diversified categories, creating jobs for about 80,000…
Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] China will implement a batch of policies, including those addressing financing and credit, to support small and micro-sized enterprises, platform firms and unicorns, so as to help them expand business and unleash vitality, it was announced on Monday at a conference by…
High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang/China Daily] China will introduce an innovative quality financing and credit enhancement policy to ease financing challenges for small and micro-sized enterprises, as well as a guideline to support platform companies to use online traffic efficiently, according to a…
The production line of Hisense Hitachi Air-conditioning Systems Co Ltd in Qingdao, Shandong province. [CHINA DAILY] Three manufacturers in Qingdao, Shandong province, have been selected as new members of the Global Lighthouse Network by the World Economic Forum, taking the city’s total to seven such lighthouses and making it, alongside Suzhou, Jiangsu province, one of…
Using upgraded manufacturing techniques such as seamless knitting for apparel like swimwear will help Chinese garment players gain more global market share, industry insiders said. “We are here with the hope to strengthen cooperation with seamless knitting players in Zhejiang province, and find complementarity,” said Shi Fangfang, executive deputy secretary-general of the Jinjiang Swimwear Industry…
Leo Lee, president and managing director of Novartis China delivers a speech at the second Novartis China Patient Day event held in Shanghai on Friday. [Photo provided to chinadaily.com.cn] Themed “Join Hands for Progress, Benefiting Patients,” the second Novartis China Patient Day event was held in Shanghai on Friday, bringing together representatives from patient organizations,…