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China cements its position as the largest producer, consumer of energy

China has solidified its position as the world’s largest producer and consumer of energy, according to a think tank. In 2024, global primary energy consumption grew by 1.9 percent compared to the previous year, with China’s consumption increasing by 4 percent, according to a report released by China National Petroleum Corp Economics and Technology Research…

Deloitte China CEO highlights China’s role in global economic cooperation

DAVOS, Switzerland — China continues to be a steadfast force in advancing multilateral economic and trade cooperation worldwide, said Patrick Tsang, chief executive officer of Deloitte China, emphasizing the country’s significant contributions to global trade, investment, and the green and digital economy. “China has consistently unleashed domestic demand and created opportunities for global goods and…

Trump seen using TikTok for leverage

A woman poses in front of a TikTok logo at the TikTok house on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Monday. [Photo/Agencies] United States President Donald Trump is seemingly using TikTok, a popular social media platform owned by Chinese tech company ByteDance, as a…

Tariff hikes may backfire on US

The new US administration’s intention to impose massive tariffs on China and other trading partners risks undermining its commitment to fighting inflation, potentially heightening the costs for consumers in the United States while slowing US economic growth, economists and analysts said. They added that China is poised to respond to tariff uncertainties with continuous, measured…

ESF conference

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Investment in climate change mitigation 0.55% of GDP

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New edition of Key figures on European transport

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Overall scale of China’s manufacturing industry tops world for 15 consecutive years

BEIJING — China’s manufacturing industry has maintained the top position in the world in terms of overall scale for 15 consecutive years in 2024, the Ministry of Industry and Information Technology said Tuesday. In 2024, China’s total value-added industrial output reached 40.5 trillion yuan ($5.65 trillion). Tanks to chinadaily.com.cn Please visit: Our Sponsor

Foreign businessmen find their second hometown in Yiwu

A Libyan businessman is in negotiations with a vendor to purchase authentic flowers at the Yiwu International Trade Market in Yiwu city, Zhejiang province, on Jan 15, 2025. He has run his business in Yiwu for two decades. [Photo by Shi Bufa/for chinadaily.com.cn] Being a paramount supplier of cross-border e-commerce platforms in China, Yiwu is…