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Competition in ice cream sector heating up

A Magnum ice cream bar at a HotMaxx discount store in Shanghai on Dec 14. CHINA DAILY The world’s largest ice cream maker, The Magnum Ice Cream Company, has rolled out its 2026 product portfolio in China, marking its first major market move since completing its independent listing in Amsterdam, London and New York in…

Shipbuilder develops generators for remote operations

Engineers at China State Shipbuilding Corporation, the world’s largest shipbuilder, have used their expertise in ship propulsion systems to develop a portfolio of portable power generators suitable for emergency response and field operations in remote areas. Luan Yongjun, a project manager at Harbin Marine Boiler and Turbine Research Institute, a CSSC subsidiary based in the…

Key indicators: China’s economic growth in 2025

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Dalian prioritizes business environment as strategic mission

Dalian, a port city in Liaoning province, held a conference on Monday focused on improving its business environment, with local officials resolving to treat the task as the “most crucial, immediate, and pressing strategic mission”. At the meeting, Xiong Maoping, deputy secretary of the Liaoning Provincial Committee of the Communist Party of China and Party…

New down jacket factory to open soon

A new production line for down jackets operated by China’s fast-fashion label Metersbonwe will begin trial operations at the end of March in Bijie, Guizhou province in Southwest China. As part of local efforts to attract the relocation of the light-textile sector from China’s eastern provinces, the project is expected to generate employment for a…

China voices opposition to EU’s ‘discriminatory’ plans for tech firms

China expressed serious concerns about the European Union’s move to label certain Chinese companies as “high-risk suppliers” and restrict their participation in the bloc’s 5G development, the Ministry of Commerce said on Thursday. “We firmly oppose the EU’s discriminatory practices against Chinese enterprises and its misguided approach of politicizing economic and trade issues, and engaging in…

Seasonally adjusted government deficit at 3.2% of GDP in the euro area and EU

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Back to school with education resources

New year, new opportunities to learn new skills and acquire fresh knowledge. Get off to a great start of the year with Eurostat’s education corner, providing you the best educational resources about statistics. The education corner is the place to go for young people, students, teachers and anyone interested in using statistics in their studies…

Government debt at 88.5% of GDP in euro area

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Government finance statistics: deficit-debt relation

The financial accounts of the general government sector cover transactions in financial assets and liabilities as well as the stock of financial assets and liabilities. The net lending (+) / net borrowing (-) (also known as surplus/deficit), together with the gross debt of the general government, are among the most important indicators in government finance…