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China’s key economic tasks for 2026

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Key Figures on the European food chain

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Did you know that the EU produced 258 million tonnes of cereals, 162 million tonnes of raw milk and 21 million tonnes of pigmeat in 2024? Or that the EU ran a trade surplus of €36 billion in agricultural, fishery, food and drink products?  Or that EU prices for food and non-alcoholic drinks rose by…

Labour market flows in Q3 2025

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Between the second and the third quarter of 2025, 3.1 million unemployed people aged 15-74 in the EU (23.0% of all unemployed in the second quarter of 2025) found a job. During this period, 7.0 million (52.4%) remained unemployed and 3.3 million unemployed people (24.5%) transitioned out of the labour force. This information comes from…

Custom consumer experiences the future of retail, expert says

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The consumption of China’s high net worth individuals (HNWI) will be more refined and more personalized, raising more requirements for merchants, an industry expert said. Renee Cheng, global managing partner and co-president of Cheng Chung Design HK, said: “China’s HNWIs have unique taste. Instead of pursuing big logos to show off, they look for ways…

Air China–Rolls-Royce joint venture begins operations in Beijing

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[Photo provided to chinadaily.com.cn] China marked a key step in expanding its high-end aero engine maintenance capabilities as the country’s first joint venture for aero maintenance, repair and overhaul officially opened and began operations in the Beijing Capital International Airport Economic Zone on Wednesday. As Rolls-Royce’s fourth MRO JV facility — and the first of…

EU had 1.6 buses and coaches per 1 000 people in 2024

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In 2024, there were 737 142 buses and motor coaches (including trolleybuses, mini-buses and mini-coaches) in the EU, i.e. 1.6 buses and motor coaches per 1 000 inhabitants. This motorisation rate has remained stable for the last 10 years, while the number of passenger cars per 1 000 inhabitants increased significantly in the same period…

Employment rate stable in Q3 2025

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In the third quarter of 2025, the employment rate of people aged 20-64 in the EU stood at 76.2%, stable compared with the second quarter of 2025.  Labour market slack – all persons who have an unmet need for employment, including unemployed people – stood at 11.0% of the extended labour force aged 20-64 in…

Changan fastest Chinese carmaker to hit 30 million domestic brand vehicles

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An Avatr 12 sedan rolls off the production line in Chongqing on Dec 10, 2025. [Photo provided to chinadaily.com.cn] China Changan Automobile has produced its 30 millionth Chinese-brand vehicle, becoming the country’s fastest automaker to reach the milestone as local manufacturers accelerate their transition toward electric and intelligent cars. The landmark unit — an Avatr…

HK works to solidify its position as international design hub

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Participants to the Business of Design Week 2025 in Hong Kong in the “DFA Design Award Exhibition 2025”, which aims to provide a platform for showcasing world-class design works and masters, discovering designers from the Chinese mainland, Hong Kong, Taiwan, and Macao. [Photo provided to chinadaily.com.cn] Taking advantage of the country’s promotion of high-quality development…