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China’s Northeast feels benefit of Qinghai’s solar power supply

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A view of the 10-million-kilowatt renewable energy base in Hainan Tibetan autonomous prefecture, Qinghai province. [Photo provided to chinadaily.com.cn] Northwest China’s Qinghai province, a major clean energy hub, sent its first batch of renewable electricity to the country’s northeastern region through a multi-provincial grid coordination mechanism on Monday. The transfer, which will conclude on December…

20% of EU enterprises use AI technologies

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In 2025, 20.0% of EU enterprises with 10 or more employees used artificial intelligence (AI) technologies to conduct their business, showing a solid growth of 6.5 percentage points (pp) from 13.5% in 2024. Compared with 2021 (7.7%) and 2023 (8.1%), the use of AI technologies is becoming more popular among EU businesses. The highest shares…

Renewables in electricity generation up 4% in Q3 2025

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In the third quarter of 2025, 49.3% of net electricity generated in the EU came from renewable energy sources, an increase of 3.8% compared with the 47.5% registered in the same quarter of 2024.  Among EU countries, in the third quarter of 2025, Denmark, with 95.9%, had the highest share of renewables in net electricity…

China’s crude oil output set to hit record high in 2025

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Employees check an oil transmission facility at Daqing Oilfield, Heilongjiang province. MA KE/XINHUA China’s domestic crude oil production is expected to reach a record-high of 215 million metric tons for 2025, according to latest data from the National Energy Administration (NEA). The milestone caps a period of exploration breakthroughs and stable output growth, pushing China’s…

Chinese chipmaker YMTC challenges US Defense Dept in suit

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China’s leading flash memory chipmaker, Yangtze Memory Technologies Co, has filed a lawsuit against the US Department of Defense, challenging its inclusion on a US list of companies alleged to have links with China’s military. The lawsuit, submitted on Friday to a federal court in Washington, seeks to overturn the designation and block its enforcement. YMTC…

Huawei’s smart car alliance to build unified ecosystem

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Logos of HIMA’s five members are seen at an event in Chengdu, Sichuan province, in August 2025. [Photo by Li Fusheng/chinadaily.com.cn] The Harmony Intelligent Mobility Alliance, which consists of five car marques Huawei has built with Chinese carmakers, announced on Tuesday to unify standards and pool resources to further consolidate their established position in China’s…

IMF: China’s resilience will be sustained

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China’s economy is poised for resilient growth in 2026 and beyond, supported by a pro-growth macroeconomic policy combination and a stronger push to prioritize the shift toward a consumption-driven growth model, leading international and domestic economists said. They underscored the need to take more forceful measures with greater urgency to bolster household spending — from…

Private petrochemical producers set for robust growth

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An LNG vessel is berthed at a port in Tangshan, Hebei province, in November. [Photo/Xinhua] China’s vast private petroleum and chemical sector is positioned for robust and broad growth, industry data showed, driven by its aggressive pivot from traditional processing toward high-end specialization across the value chain. This strategic transformation emphasizes the development of high-value…