A shopper selects fruit at a supermarket in Xinghua, Jiangsu province, on June 12, 2024. [Photo/Xinhua] China’s consumer price index, a main gauge of inflation, rose by 0.2 percent year-on-year in June, data from the National Bureau of Statistics showed on Wednesday. The country’s producer price index, which gauges factory-gate prices, dropped by 0.8 percent…
The “Top 100 most valuable automobile brands 2024” list was revealed by the British brand evaluation agency Brand Finance in March this year. 22 Chinese automobile brands made it to the list. BYD ranked 11th globally, up 9 places from 2022; and Changan Auto ranked 44th, up 20 places from 2022. China’s auto industry is…
A humanoid smart robot works at an auto production facility in Ningbo, Zhejiang province.[ZHENG XUEXIONG/FOR CHINA DAILY] China’s number of top 100 global science and technology innovation clusters continues to lead the world this year, according to a report of the World Intellectual Property Organization. The 2024 edition of the WIPO’s Global Innovation Index released…
An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low(zero) carbon-dioxide emission industrial park in Sheyang, Yancheng, East China’s Jiangsu province. [Photo/Xinhua] China’s green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing climate change, according to a…
CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Limited made solid progress in reserves and production growth during the first half this year, with net production up by 9.3 percent year-on-year, the company said on Wednesday. With the steady progress of technological innovation and green development, the company made…
An investor checks stock prices at a brokerage in Shenyang, capital of Liaoning province. [Photo provided to China Daily] China’s A-share market will further stabilize as long-term institutional investors inject more capital amid policymakers’ support for their role in the capital market, said experts. At a recent forum on deepening capital market reform, Wu Qing,…
A train driver prepares for departure at Idu Railway Station, the starting point of the Abuja-Kaduna Railway in Abuja, the capital of Nigeria, on Sept 18. The 186.5-kilometer-long Abuja-Kaduna Railway, which was built by the China Civil Engineering Construction Corp, is the first modern railway in Nigeria. DONG JIANGHUI/XINHUA China will take further steps including…
An autonomous vehicle undergoes road testing at an autonomous driving demonstration area in Yizhuang in Beijing, capital of China, June 19, 2024. [Photo/Xinhua] BEIJING — To date, Chinese public security authorities have issued a total of 16,000 test licenses for autonomous vehicles, the Ministry of Public Security announced on Tuesday. At a news conference in Beijing,…
China’s total goods imports and exports expanded 6.1 percent year-on-year in the first half of this year to 21.17 trillion yuan ($2.91 trillion), hitting a recording high, data from the General Administration of Customs showed on Friday. The country’s exports rose 6.9 percent year-on-year to 12.13 trillion yuan during the period, while imports climbed 5.2…
Maldives grabbed the first spot on the list of Best International Luxury Travel Destination, according to the Hurun Chinese Luxury Consumer Survey & Hurun Best of the Best Awards 2024, released by Hurun Research Institute in March. 750 high-net-worth individuals, with an average family wealth of 45 million yuan and investable wealth of 12 million…