An aerial drone photo shows construction at Liupanshui Railway Station in Liupanshui, Guizhou province, on Dec 11. TAO LIANG/XINHUA BEIJING — China has sent clear signals to stabilize and revive investment through strengthened policy support, including appropriately increasing the scale of central budget investment and continuing to leverage new policy-based financial instruments, economists said. The…
In 2024, 25.2% of gross final energy consumption in the EU came from renewable sources, up by 0.7 percentage points compared with 2023. This share is 17.3 pp short of meeting the 2030 target (42.5%), which would require an annual average increase of 2.9 pp from 2025 to 2030. Among the EU countries, Sweden recorded…
An aerial drone photo taken on Jan 11, 2025 shows an offshore wind farm near the coast of Yancheng, East China’s Jiangsu province. [Photo/Xinhua] China’s farthest offshore wind power project achieved full-capacity grid connection on Monday, signifying a major breakthrough in the country’s push to expand offshore wind power into deep and distant sea areas.…
The world’s first 5-megawatt (MW) class offshore high-temperature exhaust gas waste heat Organic Rankine Cycle (ORC) power generation unit has surpassed 10 million kilowatt-hours (kWh) in cumulative power generation at the Wenchang 9-7 oilfield on Tuesday, said its operator. Spearheaded by the research institute of China National Offshore Oil Corporation (CNOOC), the project marks the…
[Photo/VCG] China will impose anti-dumping duties ranging from 4.9 percent to 19.8 percent on imported pork and pork by-products from the European Union, effective Wednesday for a period of five years, according to the Ministry of Commerce. The ministry launched the anti-dumping investigation on June 17, 2024, at the request of the China Animal Agriculture…
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Early estimates for 2025 suggest that the average price of agricultural goods (output) in the EU went up by 3% compared with 2024. The average price of goods and services consumed in agriculture (input) also increased, but more modestly, by less than 1%. This rise in agricultural prices comes after a slight decline in 2024,…
The booth of the China Academy of Building Research is seen during a housing expo in Beijing in November. CHINA DAILY Efforts to establish and expand the application of a more comprehensive set of quality homebuilding standards are crucial to China’s residential property sector amid the drive to transform its sluggish real estate industry and…
Bag charms made at a toy factory in Dongguan, Guangdong province, pictured on Aug 11 before being put on the market. [Photo/Xinhua] GUANGZHOU – For many young Chinese, the first decision of the day perhaps isn’t just what to wear, but which plush companion to clip onto their bag. “Which doll should I take out…
A view of DBS Bank Tower in the Pudong New Area in Shanghai. [Photo provided to chinadaily.com.cn] DBS has been appointed by China’s central bank as the second renminbi clearing bank in Singapore. The Singapore branch of the Industrial and Commercial Bank of China became the city-state’s first RMB clearing bank in 2013. In a…