EU agri-food trade is proving to be strong as its surplus reached €33.7 billion between January and June 2024, an increase of €1.5 billion compared… Read More »EU agri-food surplus increased in the first half of 2024
File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] BEIJING – China’s central bank on Friday cut the interest rate of seven-day reverse repos from 1.7 percent to 1.5 percent. The move aims at intensifying counter-cyclical adjustment of the monetary policy and supporting the stable economic growth of the…
Investors gather at a counter of the Shanghai Stock Exchange in Shanghai. [Photo provided to China Daily] SHANGHAI – China’s Shanghai Stock Exchange said Friday it is probing into the slow confirmation of stock transactions found after the opening of Friday’s morning session. The exchange will continue to keep investors informed, and investors may contact…
Bosideng’s booth at an expo in Shanghai in May. [Photo/China Daily] As winter approaches, sportswear brands are ramping up efforts to capture growth in the winter jacket market, particularly those targeting Generation Z consumers and in the expanding winter sports scene. Lululemon, a leader in athleisure, doubled down on its winter jackets category to penetrate…
China’s first hydrogen-powered intelligent intercity train seen at InnoTrans 2024 in Berlin.[DENG WANGQIANG/FOR CHINA DAILY] China debuted its first hydrogen-powered intelligent intercity train, CINOVA H2, at InnoTrans 2024, a leading international trade fair for transport technology, held in Berlin on Tuesday. Developed by CRRC Qingdao Sifang Co Ltd, a Shandong province-based subsidiary of China Railway…
New programmable logic controller (PLC) products researched and developed independently were launched by Shanghai Baosight Software Co Ltd on Friday in Shanghai, a major step in localization and independent innovation of the industrial control system, according to the Shanghai-listed software company. Known as Baosky Series, the PLC products were researched and developed independently by Baosight…
A cat plays with a toy during Pet Fair Asia in Shanghai in August. ZHANG LONG/FOR CHINA DAILY Driven by the increasing number of pets and the evolving demands of consumers, China’s pet industry has seen strong growth in recent years, propelling product innovations that prioritize health and nutrition. Since the beginning of 2024, newly…
TCL products on display during an expo in Brazil. [Photo/Xinhua] BEIJING – The Chinese Basketball Association (CBA) League has extended its official partnership with Chinese technology brand TCL, as announced at the press conference for the 2024-25 season on Thursday. TCL has been a key partner of Chinese basketball since 2009, when it first became…
In Pengshui Miao and Tujia autonomous county under Chongqing municipality, 46-year-old Tuo Junhe has been dedicating himself to bringing traditionally made silver jewelry to the market. Tuo, born into a local Miao silversmith family, started a silver jewelry workshop in 2011, using ancestral techniques to create Miao-styled jewelry and household items. Now the sole inheritor…
Employees work at a solar panel production facility in Jinhua, Zhejiang province, in August. [SHI BUFA/FOR CHINA DAILY] The United States’ latest move to raise tariffs on upstream polysilicon and wafers from China is expected to have only a limited impact on China’s solar power sector, said analysts and companies. Chinese firms have been diversifying…