At the China-SCO local economic and trade cooperation demonstration zone in Qingdao, Shandong province, a TIR international transport vehicle fully loaded with goods is about to depart for Moscow, the capital of Russia, after completing customs clearance procedures. [Photo provided to chinadaily.com.cn] The China-SCO local economic and trade cooperation demonstration zone in Qingdao, Shandong province,…
Zhanjiang, a coastal city in Guangdong province, has been promoting a development strategy focused on what local officials describe as “Four Green plus One Blue Industries”, covering green steel, petrochemicals, energy, food production, and the marine economy. At a news conference in Guangzhou on Thursday, Zhanjiang Mayor Li Yongyi said the city had made progress…
Workers process bamboo shoots at Hunan Lyudi High-tech Agriculture and Forestry Development Co. [Photo by Hou Liqiang/chinadaily.com.cn] China’s forestry and grassland sector achieved a total output value of nearly 11 trillion yuan ($1.58 trillion) in 2025, according to a media release from the National Forestry and Grassland Administration. The sector’s four pillar industries — timber…
An employee at a bank counter in Nantong, East China’s Jiangsu province, counts renminbi and US dollars. [Photo/China Daily] China will roll out nationwide policies to facilitate centralized cross-border cash management by medium-sized multinational companies, while stepping up reforms on foreign exchange administration for both direct and securities investment, an official said, as part of…
Airbus expects demand for aircraft maintenance, digital services and training in China to surge over the next two decades, driven by fleet growth, an aging aircraft base and accelerating digitalization, the European planemaker said in Beijing on Thursday. In its latest Global Services Forecast, Airbus projected that China would become the world’s largest single aftermarket services…
An aerial photo of new energy vehicles lined up at a railway logistics hub in Hefei, Anhui province, waiting to be exported, on Jan 14, 2026. [Photo/Xinhua] China is stepping up efforts to advance high-level opening-up and anchor growth in deeper reform, institutional alignment and trade innovation as a strategic response to a fragile global…
A cashier counts RMB notes in a bank in Haian, Jiangsu province. [Photo/Sipa] China’s financing activity maintained steady momentum in 2025, with financial aggregates rising relatively quickly, driven by lower financing costs and improved structures, official data showed on Thursday. The country’s aggregate social financing — the total amount of financing to the real economy…
This drone photo taken on Jan 13, 2026 shows one of the turbine blades being installed at the construction site of a 20-megawatt offshore wind turbine unit in the coastal waters of Southeast China’s Fujian province. [Photo/Xinhua] The nation’s successful installation of the world’s first 20-megawatt offshore wind turbine has redefined the technological frontier for…
Envision, the global leader in green technology, announced on Thursday the launch of Dubhe, its energy foundation model, designed to shape the world’s largest physical AI system – the AI energy system. Dubhe sits at the core of Envision’s physical AI architecture, analyzing vast real-world energy data streams to orchestrate renewable generation, storage, grids and…
Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, China. [Photo/Xinhua] China still has room for cuts in the reserve requirement ratio and interest rates this year, with a firm yuan performance and stabilizing bank net interest margins providing the scope, said Zou Lan, vice-governor of the People’s Bank of…