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Production in construction up by 0.6% in the euro area and by 0.8% in the EU

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Extra-EU exports of final services peaked in 2025

In 2025, extra-EU exports of final services reached a record level of +61 percentage points (pp) above 2017 levels, up from +55 pp in 2024.  Final services reflect a broad mix of activities, with travel-related services among the leading contributors, alongside ICT, media, computer, business and financial services. The severe disruption to international travel during…

Renault opens new R&D office to expand China engineering footprint

Renault’s Hangzhou office in East China’s Zhejiang province has been put into use. [Photo provided to chinadaily.com.cn] Renault Group said on Monday it has opened a new R&D office in Hangzhou, Zhejiang province, under its Advanced China Development Center, expanding its research and development presence in China alongside its existing Shanghai facility. The Hangzhou office…

Household material welfare across the EU in 2025

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Huawei pioneers fully integrated AI smartphone operating system

Huawei Technologies Co took a bold step into the next era of intelligent operating systems with the official release of the developer beta version of the HarmonyOS 7 operating system. The new OS introduces spatial computing capabilities and a comprehensive upgrade for the intelligent agent era, bringing new abilities, experiences, and scenarios to users. “The…

BRI project bolsters joint development

Dancers from the Republika Srpska celebrate the official commencement of the China-built Brcko-Bijeljina expressway project on June 12, which will help enhance regional connectivity and socioeconomic development in the Balkans. [Photo provided to chinadaily.com.cn] China’s Ambassador to Bosnia and Herzegovina has hailed the Brcko-Bijeljina expressway as a landmark project under the Belt and Road Initiative,…

Sino-Pakistani tire maker makes landmark debut in Pakistan

An employee from Chaoyang Long March Tyre Co Ltd (second left) addresses staff queries at the manufacturing plant of Service Long March Tyres in Pakistan. [Photo provided to chinadaily.com.cn] A joint Sino-Pakistani tire manufacturer debuted on the Pakistan Stock Exchange, a move that market participants described as the first listing by a Chinese-invested company on the…

Chinese carmaker Geely launches new electric van in Israel

JERUSALEM — Chinese automaker Geely Auto launched a new electric van in Israel on Wednesday, its local importer Geo Mobility said in a statement. The Farizon Xingxiang V7E offers a cargo volume of 6.95 cubic meters, a side loading door and a height of 1.985 meters, allowing access to most underground parking facilities, the statement…

Autonomous vehicles working in public service sector set to surge

Unmanned logistics vehicles work in a transfer center in Nantong, Jiangsu province, in April. ZHANG JINGANG/FOR CHINA DAILY Automakers are entering the unmanned delivery vehicle market, with many launching products this year. Experts predict 2026 will be a watershed year as self-driving delivery technology evolves from early trials to profitable commercial operations. Data from the…