[Photo/VCG] I have covered the Singles Day shopping extravaganza, the world’s largest online promotional campaign, for eight years running, but I found a noticeable and interesting trend this year. Artificial intelligence technology is being increasingly leveraged in every aspect of the e-commerce segment. The 11-11 or Double Eleven shopping carnival was just a 24-hour event…
Eurostat has launched new experimental statistics presenting multi-country National Accounting Matrices (FIGARO-NAM). This new resource links data on production and consumption with data on income and saving, helping users understand how economic flows move between institutional sectors and how they interact with industries and products. FIGARO-NAM was developed in collaboration with the European Commission’s Joint…
In 2024, the EU had around 33.5 million enterprises, employing 164.2 million people. Those enterprises registered a net turnover of €38.7 trillion. Although large enterprises (more than 249 people employed) represented only 0.2% of the total number of enterprises in the EU’s business economy (55 000 enterprises), they generated more than half (51.3%) of the net…
Becoming a farmer today requires much more than technical know-how. It demands business skills, environmental awareness, digital literacy and resilience in a rapidly changing sector.… Read More »Access to knowledge and skills: empowering Europe’s new generation of farmers
As China and the world confront demographic shifts and rising development challenges, experts from domestic and international organizations have called for stronger global cooperation to invest in children and strengthen long-term social resilience. Their remarks came at the 20th CCG VIP Luncheon, a high-level forum co-hosted by the Center for China and Globalization, a Beijing-based…
China will continue to push forward high-standard opening-up while bolstering domestic consumption to support high-quality development, according to the country’s top commerce official. In an interview with People’s Daily on Saturday, Commerce Minister Wang Wentao said that expanding high-standard opening-up remains a vital driver for advancing reform and propelling development. As China faces both strategic…
Despite the United States greenlighting exports of Nvidia’s H200 artificial intelligence chips to approved Chinese customers, industry experts cautioned on Tuesday that demand in China may fall short of expectations, citing persistent cybersecurity concerns. The comments came after US President Donald Trump said that the United States will allow Nvidia to ship its H200 products…
A view of Ningbo Zhoushan Port’s container section. [Photo provided to China Daily] Ningbo Zhoushan Port, the world’s leader in annual cargo throughput for 16 consecutive years, marked another historic milestone. Its annual container throughput exceeded 40 million TEUs for the first time on Tuesday, making it the third busiest port in the world —…
An employee explains how intelligent robots work at the production line of Haier’s central air conditioning interconnection factory in Qingdao, Shandong province, on Nov 27. LI ZIHENG/XINHUA China is expected to place technology and new quality productive forces, such as artificial intelligence, at the center of its economic policy agenda for 2026 at the upcoming…
As China continues its efforts to transition toward a more sustainable economy, the country is preparing for a new phase of green development, said the country’s government officials. “The 15th Five-Year Plan (2026-30) marks a pivotal period for China’s green transition, with the country set to achieve its carbon peak target,” said Wang Shancheng, director…