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World’s first supercritical CO2 power generator starts operation in Guizhou

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The world’s first commercial supercritical carbon dioxide power generator started operation in Southwest China’s Guizhou province on Saturday, marking a significant milestone in the global transition toward high-efficiency waste heat recovery, said its operator China National Nuclear Corporation (CNNC). Known as Chaotan One, the new generator uses carbon dioxide instead of steam to transfer heat.…

Mixue Group opens 1st US store in Hollywood

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A staff member cuts the ribbon during the opening ceremony of Mixue Group’s first store in the US in Hollywood, Los Angeles, California on Dec 20, 2025. [Photo/chinadaily.com.cn] China’s new-style popular tea chain, Mixue Group, opened its first store in the United States on Saturday, marking its entry into the North American market. The new…

China unveils pricing rules to promote fair competition, transparency in platform economy

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China has unveiled a comprehensive set of rules to regulate pricing in the fast-growing platform economy, signaling a further shift toward a more rules-based and predictable regulatory framework. The National Development and Reform Commission, the State Administration for Market Regulation and the Cyberspace Administration of China jointly released the pricing guidelines on Saturday, as policymakers…

Nation’s self-developed technology helps HSR

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A high-speed train runs on the Changbai Mountain section of the Shenyang-Baihe high-speed railway in Jilin province on Dec 3. YANG BAOSEN/FOR CHINA DAILY BEIJING — China’s self-developed technology in high-speed railways is making significant progress in both technological innovation and operational capability. The recent launch of the Shenyang-Baihe high-speed railway in northeastern China highlights…

Rio Tinto optimistic about biz outlook

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Global mining giant Rio Tinto is highly optimistic about new business prospects in China, anticipating fresh opportunities arising from Beijing’s commitment to high-standard opening-up in key sectors in the coming year. Commenting on China’s crucial Central Economic Work Conference, Frank Xu, CEO of Rio Tinto China, emphasized that the country’s sustained growth and sweeping policy…

Vigilance urged as global risks evolve

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Containers are loaded onto a cargo vessel in Qinzhou Port, Guangxi Zhuang autonomous region, a transit point on the New International Land-Sea Trade Corridor. [PHOTO/XINHUA] Global risks are evolving and converging at a pace that is outstripping corporate response capacity, posing growing challenges to employee safety and business continuity, according to the Risk Outlook 2026…