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Milestone for port’s container throughput

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 —…

Nation to prioritize innovation, AI in 2026 economic agenda

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…

China eyes new phase of green transition

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…

Red leaves sparking tourism boom

CHONGQING — Watching red leaves has long been a favorite autumn pastime in China, and the passion for this seasonal tradition is now becoming a powerful economic engine across the country, especially in rural areas. In Wushan county, Southwest China’s Chongqing municipality, the 19th Red Leaf Festival is in full swing, with about 80,000 hectares…

ByteDance tweaks Doubao assistant amid app curbs

A visitor interacts with ByteDance’s AI model Doubao during a high-tech expo in December 2024, in Shanghai. [CHINA DAILY] Chinese tech giant ByteDance said its artificial intelligence-powered Doubao mobile phone assistant will have some AI capabilities adjusted, while calling for protecting users’ lawful rights to leverage AI as part of a broader push to balance…

Trade to deepen Sino-French ties

China’s manufacturing transformation, ultra-large market and accelerating shift toward services, energy transition and digitalization will unlock substantial opportunities for French companies in the years ahead, said French business executives. As China and France deepened economic cooperation during French President Emmanuel Macron’s state visit to the nation last week, they said that the prospects for Sino-French…

Shale oil output hits 1m tons at Daqing

Operators conduct inspections and maintenance on equipment at Daqing Gulong continental shale oil national demonstration zone in Heilongjiang province on Thursday. WANG SONG/XINHUA The annual production of Gulong shale oilfield in Daqing, Heilongjiang province, has exceeded 1 million metric tons, Daqing Oilfield Co, a subordinate of China National Petroleum Corp, announced on Friday. “After five…

Policy tools to smooth economic fluctuations

File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] As the country approaches the 15th Five-Year Plan period (2026-30), top policymakers are sharpening their focus on steady and prudent macroeconomic management, with the central bank’s latest messaging underscoring that China would avoid both aggressive easing and disruptive policy reversals…

Zhejiang power company marks key step in fully intelligent all-scenario maintenance

The State Grid Zhoushan Power Supply Company carries out the first integrated air-surface-underwater inspection of intertidal submarine cables in Gouqi waters, Shengsi, Zhejiang province. [Photo provided to chinadaily.com] The State Grid Zhoushan Power Supply Company recently conducted its first integrated air-surface-underwater inspection of intertidal submarine cables in Zhejiang, a mission that deployed a self-developed twin-hulled…

Shanghai FTZ launches pilot program to upgrade free trade account system

The pilot program to upgrade the functions of the free trade account system in the China (Shanghai) Pilot Free Trade Zone officially took effect on Friday, marking a new step forward in the liberalization and facilitation of cross-border trade and investment. The People’s Bank of China Shanghai Head Office started implementing the interim measures for…